In 2024, Singapore issued 13 crypto licenses, more than double last year's total, attracting major exchanges like OKX and Upbit.
Sam Bankman-Fried (SBF), the former CEO of the bankrupt crypto exchange FTX, is at the center of speculation about a possible presidential pardon.
Binance.US expects digital assets to anchor mainstream finance in 2025, despite ongoing legal battles with the SEC that the company says have stifled innovation. Binance.US Interim CEO Reflects on Challenges, Eyes Crypto's Future in 2025 Binance.
The US crypto industry anticipates pro-crypto executive orders from President-elect Donald Trump as soon as his first day in office as a roadmap, Reuters reported on Dec. 23.
Cybersecurity company Kaspersky revealed that malicious actors have devised a new scam involving seed phrases to target unsuspecting crypto users, according to a Dec. 23 blog post. This sophisticated scheme preys on individuals' curiosity and dishonesty, leading to financial losses for unsuspecting victims.
The IRS has drawn sharp criticism by maintaining that crypto staking rewards are taxable income upon receipt. The ongoing lawsuit from the Jarretts could redefine tax policies for digital asset holders across the country.
MoonPay is reportedly looking to acquire Helio Pay for around $150 million, adding to the crypto firm's merchant service offerings.
After months of turmoil and a settlement with Riot Platforms, Bitfarms' stock performance remains disappointing. Is a rebound for $BITF overdue, or is the company slowly losing its position in the market? Let's dive in! Bitfarms Faces a Crossroads The following guest post comes from Bitcoinminingstock.
The South Korean Financial Services Commission (FSC) has denied reports claiming it is about to let companies buy crypto using their balance sheets. The post S Korean Regulator Denies Reports Claiming It Is About to Let Companies Buy Crypto appeared first on Cryptonews.
Digital assets manager CoinShares says institutional investors poured hundreds of millions into crypto investment vehicles last week in spite of market-wide sell pressure. In its latest Digital Asset Fund Flows report, CoinShares says that last week, institutional crypto investment products saw net inflows of $308 million.
The Santa Claus Rally faces uncertainty as Bitcoin dips to $94,955. Strong trading volumes and mixed on-chain signals suggest a pivotal week ahead.
Multinational financial technology firm Moonpay is reportedly in talks to buy Helio as it looks to bolster its crypto service offerings. According to a scoop shared by Fox Business journalist Eleanor Terrett, the Helio deal is worth about $150 million.
Usual's latest funding round, backed by top investors, aims to enhance its decentralized stablecoin platform and expand its ecosystem.
Wirex added two new stablecoins to its digital payments platform. The integration of the VNX Euro (VEUR) and VNX Swiss Franc (VCHF) coins allows users to spend these currencies directly through their Wirex cards, the United Kingdom-based company said in a Monday (Dec. 23) press release.
Avalon Labs aims to make Bitcoin more accessible through its DeFi offerings, including lending platforms and yield-generating accounts.
As Donald Trump prepares to be sworn in as the 47th President, what will his administration mean for the digital assets industry?
Crypto.com customers in the U.S. can now bet on sports events using various cryptocurrencies, starting with "The Big Game."
MoonPay plans a $150M acquisition of Helio Pay, enhancing merchant services with solutions like Solana Pay and expanding its infrastructure. The post MoonPay to acquire Helio Pay for $150 million in its largest deal yet appeared first on Crypto Briefing.
Memecoins dominated 31% of crypto narratives in 2024, according to a report by CoinGecko. This represents nearly 4x growth compared to last year when the theme appeased just 8.32% of investors out of 25 narratives.
Analog has officially launched its mainnet, marking a major upgrade in blockchain interoperability. The Proof-of-Authority (PoA) network serves as a foundation for future upgrades, including Nominated Proof of Stake (NPoS) consensus, cross-chain messaging, and advanced data queries.
Core Scientific CEO Adam Sullivan discusses the company's AI ambitions.
Binance Alpha has already announced 29 tokens in its curation program for Web3 wallet users. The biggest earners in that selection were AI agent tokens.
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The US tax agency denied arguments from a second lawsuit brought by Joshua and Jessica Jarrett over staking rewards.
In November, the volume of euro-backed stablecoins surged to about €800 million. With its regulatory clarity, MiCA has played a vital role in drawing institutional participants.
Binance, the top global crypto exchange by trading volume, is rolling out support for the new native token of a “decentralized science” project.
The Internal Revenue Service (IRS) has clarified its stance on the taxation of cryptocurrency staking rewards, stating that such rewards are taxable upon receipt. The announcement comes amid an ongoing lawsuit filed by crypto investor Joshua Jarrett.
Crypto-friendly Senator-elect Bernie Moreno has been assigned by soon-to-be Republican Senate Majority Leader John Thune to become a member of the Senate Banking Committee.
Mobile phone manufacturer Nokia has filed a patent for encrypting digital assets to increase their security. According to reports, the company applied to China's National Intellectual Property Administration in June 2024.
For once in its recent history, the cryptocurrency sector is likely ending the year on a high. Bitcoin, despite dropping below the $100,000 mark as of reporting, is up over 110% for the year having hit a successive series of all-time highs.
There is a growing speculation that U.S President Joe Biden may grant an early pardon to Sam Bankman-Fried (SBF), the founder of the defunct FTX Derivatives Exchange. For his fraudulent activities as the former CEO of FTX, Sam is currently serving a 25-year jail term.
The IRS claims that tokens received from crypto staking are taxable, rebuffing a Tennessee lawsuit from investor Joshua Jarrett. Earlier this year, Jarrett won a favorable settlement from a 2022 lawsuit, but the IRS seems willing to fight a new battle.
Hines expressed gratitude for the role and pledged to ensure the U.S. remains a leader in technological innovation through digital assets.
The move is part of the exchange's broader plan to expand its US presence following the election of Donald Trump.
The latest report from CoinShares, a leading digital asset investment firm, reveals that last week's performance for crypto asset investment products was mixed. According to the report, the market experienced inflows totaling $308 million, marking a continuation of positive trends.
Crypto exchange Crypto.com has launched a U.S. trust company dubbed Crypto.com Custody Trust Company.
As per the latest Bloomberg report, the Internal Revenue Service (IRS) has officially said that crypto staking is taxable, stating that tax liabilities arise as soon as staking rewards are received.
Crypto.com has introduced what it calls the first-ever sports event trading product. The new offering, dubbed “Sports” and announced Monday (Dec. 23) in an email to PYMNTS, lets American users of Crypto.com and the Crypto.
The wallet service provider was subjected to a more than $100 million hack in 2023.
Binance Labs' investment in Usual could accelerate DeFi innovation, potentially reshaping the stablecoin market with enhanced community focus. The post USUAL token jumps 15% as Binance Labs invests in the project appeared first on Crypto Briefing.
The yield-bearing USD0 token, launched earlier this year, is now the seventh-largest stablecoin by market cap.
South Korea has teamed up with the US in efforts to fight against North Korean hackers linked to cryptocurrency heists, according to the latest reports.
Despite price corrections, digital assets funds closed the week with positive net flows totaling $308 million.
The Crypto Fear and Greed Index drops to 70 amid Trump's new appointments, signaling cautious optimism and potential market volatility.
The crypto industry is urging Donald Trump's team to begin his promised crypto policy changes when he becomes president next month. Industry officials say they want him to use executive orders to make cryptocurrencies more mainstream.
According to Kiyosaki, a worldwide market meltdown has started, with the US, Europe, and China being the worst hit. People should be careful with their money and hold on to their employment, Kiyosaki said.
President-elect Donald Trump could issue an executive order pertaining to the crypto sector on his first day in office following his presidential inauguration on January 20, Reuters reported Monday.
AI agent tokens emerged as the top-performing category, representing 31% of the listings, followed by DeFi and meme coins.