The DOJ said it's providing notice to the public to ensure that anyone potentially harmed by the defendants' actions can be heard.
In an exciting development for the crypto community, Coinbase has officially announced the listing of Swell (SWELL) on its platform.
Bankrupt FTX has filed a lawsuit to recover at least $11 million held in a Crypto.com account linked to its sister company, Alameda Research, according to a Nov. 8 filing. FTX alleges that before filing for bankruptcy, Alameda held an account at Crypto.com registered under the name Ka Yu Tin, also known as Nicole Tin.
Eimantas shares his thoughts on Monitok's key features, milestones, and how the hybrid crypto exchange stands out in a competitive landscape. Don't miss this piece!
The California Department of Financial Protection and Innovation (DFPI) has permanently revoked the lending license of BlockFi, a crypto lender that declared bankruptcy two years ago.
Former President Donald Trump is on his way back to the White House after securing a victory in the 2024 presidential election on Tuesday, triggering a broad market rally. While various sectors are reacting positively to the news, the cryptocurrency market is set for significant gains under his administration.
The combination of AI and DeFi has been a hot topic and now with the USA under new Crypto leadership, and Dubai putting its weight around it, expect it to take off.
The incident underscores the critical need for robust security protocols and highlights the risks of financial desperation leading to espionage. The post Chinese official gets life sentence for selling state secrets to pay crypto debts appeared first on Crypto Briefing.
President-elect Donald Trump has made his first major appointment for his second term, naming Susie Wiles as his White House chief of staff. Wiles, who was a key figure in Trump's 2016 and 2020 campaigns, is the first woman to ever hold this role.
CNBC's Mackenzie Sigalos discusses the influence the crypto sector had on the election, and what Trump's victory and future policies will do for the assets and related stocks.
Nigerian authorities have fined two crypto firms, Egomsinachi Road Autos Limited and Chimera Log & Haulage Services Limited, $30,000 for illegal USDT-to-Naira transactions, continuing the EFCC's crackdown on unlicensed crypto trading in the country. The post Nigerian Authorities Fine Two Crypto Firms $30,000 appeared first on Cryptonews.
Bankrupt exchange FTX has sued Crypto.com to recover Alameda Research funds. In a lawsuit filed before the US Bankruptcy Court for the District of Delaware, FTX claims that Crypto.com holds $11.4 million belonging to its sister trading firm Alameda and has refused to return it.
Andrew Tate, the controversial internet personality and former kickboxing champion, has pledged his support for crypto influencer Ben Armstrong, also known as “BitBoy.”
Analysts weighed in as Bitcoin (BTC) shows strong momentum, expecting liquidity will soon “start to flow into altcoins.” While some highlighted Bitcoin's growth limitations, others have identified 30x-return opportunities with solid altcoins, warning against settling for 30% gains.
Crypto scams have surrounded the industry, where scamming incidents have grown exponentially. The most recent news from South Korea uncovered a new type of investment scam.
Trump's win and previous support for crypto will result in the US becoming a superpower in this space—outpacing countries such as China.
Web3 professional Agne Linge believes that for broader DeFi adoption, regulations must catch up to make people feel safe.
This means over 60 million Venmo users in the U.S. can easily start buying Solana (SOL). With Phantom, users can hold, send, and receive Solana, along with other Solana-based tokens.
Is crypto regulation on the brink of a new era with Trump's return? A shake-up at the SEC looms, with Gensler's position under scrutiny.
Researchers have identified a new attack campaign tagged “Hidden Risk”, it exposed that state-sponsored hackers from North Korea have shifted gears towards attacking the crypto industry which they were linked to the Lazarus Group.
The crypto ecosystem is experiencing a new historical dynamic with a massive influx of stablecoins into major exchange platforms. Binance and Coinbase, market leaders, recorded combined inflows of $9.3 billion in ERC-20 stablecoins.
Almost all the top cryptocurrencies have experienced growth in the present cryptocurrency rally. Among the top ten cryptos, Dogecoin has registered the highest seven-day change of 24.9%, with Cardano coming in second. A recent report hints that not all the cryptos may continue to grow in the current crypto cycle.
High-risk DeFi loans have soared since the US elections, just months after Curve's founder was liquidated for over $100 million.
Germany's Deutsche Bundesbank has joined Project Guardian, a collaborative initiative by the Monetary Authority of Singapore, to advance asset tokenization.
OKX Wallet expands its ecosystem, integrating three new mini-games on Telegram to enhance crypto accessibility.
A Nigerian court has convicted two more cryptocurrency firms, Egomsinachi Road Autos Limited and Chimera Log & Haulage Services Limited, for conducting unauthorized USDT-to-naira transactions. As a result, they've been ordered to transfer nearly $30,000 to the federal government.
Binance and Coinbase witnessed approximately $4.3 billion and $3.4 billion in stablecoin inflows, respectively.
The latest report in the town is that SEC commissioner Hester Peirce, also popular as “Crypto Mom” will forego the chance to become the US SEC Chair in the Trump administration. Instead, she would be working on a crypto task force that would help the regulator navigate through the demand of the crypto industry.
Changpeng Zhao stated he has no plans to return as Binance CEO, citing the role's demands and moving past that phase. The post Changpeng Zhao States He Has No Desire to Go Back to Being Binance CEO appeared first on Cryptonews.
Former Alameda Research CEO Caroline Ellison reported to prison to begin serving a two-year sentence for her role in the FTX fraud case
A proposal to rebrand the decentralized finance lending and borrowing protocol "Sky" back to "Maker" was rejected in a governance vote
Coinbase CEO Brian Armstrong has voiced his support for Securities and Exchange Commissioner (SEC) Hester Peirce‘s appointment to lead the agency during President Donald Trump‘s second term. Armstrong's comments, shared on Nov. 8 through a post on X, described Peirce as “smart, fair, professional,” and capable of bridging both sides of the political spectrum.
Bankrupt and now defunct BlockFi has entered into a settlement agreeing to the license revocation and to cease unsafe practices.
Block is redirecting resources toward Bitcoin mining hardware development and away from Web5 and TIDAL initiatives, announcing strong Q3 profits despite missing revenue targets, while securing a major deal with Core Scientific for its new 3nm mining chips.
By offering this solution to corporate clients, UBS aims to deliver enhanced transparency, efficiency, and security for cross-border transactions. The post UBS Pilots Blockchain-Based Solution for Faster Cross-Border Payments appeared first on Cryptonews.
The People's Bank of China has developed a digital yuan visual hard wallet, showcasing dynamic QR codes and offline payments.
Detroit has announced plans to accept cryptocurrency tax payments through PayPal starting in mid-2025, becoming the largest US city to adopt digital currency for municipal payments while implementing automatic conversion to US dollars to manage volatility risks.
Bitcoin reached a new all-time high of $76,000, resulting in $256 million in forced liquidations.
Detroit to allow crypto tax payments by 2025, enhancing financial inclusivity and advancing city-wide tech innovation.
Singapore-based Crypto.com has unveiled its “Level Up” rewards program, seeking to deliver stocks, banking services, and cards under one roof. The company will integrate these new functionalities, offering 3% on stock deposit transfers, 7.5% rewards on idle cash balances, and 8% in uncapped rewards on card spending.
Former SEC Commissioner Dan Gallagher leads candidates to potentially replace Gary Gensler as SEC Chair under a Trump administration, with transition team officials actively preparing shortlists for key financial agency positions.
In a recently issued tweet, the enigmatic SHIB lead known under the pseudonym Shytoshi Kusama shared a tweet published by the major crypto exchange Gemini, founded and run by the Winklevoss “crypto twins”.
Gracy Chen, CEO di Bitget, praises the messaging app and its Open Network.
Crypto exchange Crypto.com is reportedly in hot waters with Polish authorities. The Polish Financial Supervision Authority (KNF) recently issued a public warning about Foris DAX MT, a Crypto.com affiliated company based in Malta.
The U.S. Federal Reserve took a decisive step this Thursday by lowering its key interest rate by 25 basis points, bringing it to a range of 4.5%-4.75%. This decision, coming the day after Donald Trump's electoral victory, immediately propelled the crypto market to new heights, with Bitcoin reaching an all-time high of $76,951.
After several months of campaigning, Donald Trump scored a remarkable return to the White House, winning the just concluded presidential elections. Trump returns to office alongside a Republican Senate majority.
Detroit is making history as the first major American city that will permit cryptocurrency to pay for its services.