Key Points:

TL;DR Pump.fun experienced a 33% drop in revenue, the largest since March, falling from $5 million to $3.6 million in just one day. A user faked his suicide to promote their cryptocurrency, causing outrage and leading Pump.fun to disable the livestreaming feature.

Vladimir Putin has signed the Russian federation's law that classifies crypto as property. The federation announced that they were expecting the president's signature yesterday.

Tron founder Justin Sun ate the $6.2M banana artwork at a Hong Kong event. Sun compared conceptual art to NFTs and blockchain technology.

Taiwan is intensifying its regulatory efforts to address crypto fraud and safeguard investor interests with a series of strict anti-money laundering (AML) measures. The Financial Supervisory Commission (FSC) has advanced the implementation date for these new rules to November 30, 2024, amid growing concerns over illegal activities such as fraud and money laundering.

Australian computer scientist Craig Wright has been blocked from continuing the case against the Crypto Open Patent Alliance (COPA) by the U.K. Court of Appeal.

The cryptocurrency market's general sentiment has turned green and currently, the majority of the top ten coins are printing gains. In past bull markets, people made huge profits by investing in strong altcoins with good use cases.

Binance has revealed that it will be removing USD-M perpetual contracts for several cryptocurrencies, including NEM (XEM), Orbs (ORBS), and Loom Network (LOOM).

If you're an Android user looking to secure, manage, or trade your digital assets, finding the right wallet is essential. It's vital to select a wallet that's both secure and loaded with features. We've put together a list of the top five Android crypto wallets, each offering robust capabilities.

After losing a case for suing Bitcoin (BTC) developers to pay $1 trillion, Craig Wright, an Australian businessman, has lost the bid in appealing the case.

TL;DR Decentralized artificial intelligence (AI) could reach a valuation of $1.8 trillion by 2025, according to analyst Miles Deutscher. The global AI market is expected to reach $12 trillion in the coming years, with 5% allocated to decentralized AI generating over $600 billion.

The Hong Kong Monetary Authority (HKMA) issues a grant scheme to encourage local tokenized bond issuance and incentivize blockchain technology adoption.

European Union banking regulations have provided a significant competitive advantage for crypto firms compared to the challenges faced by their U.S. counterparts, according to an analysis by Patrick Hansen, senior director of EU strategy and policy at Circle. Circle Exec: Regulatory Clarity Helps Europe Surpass U.S.

While many crypto community members celebrated Donald Trump's reelection, some may have felt differently.

Meme Coin launchpad Pump.fun reported a record $78 million in November revenue.

Russia takes a significant step towards the regulation of crypto: President Vladimir Putin recently signed a law that officially recognizes digital assets as financial instruments, introducing important tax changes, including VAT exemption for certain crypto transactions.

Though it started out relatively strong and hit a market capitalization of $120 million already in June, Andrew Tate's meme coin Daddy Tate (DADDY) has fallen on hard times, much like the influencer behind it.

Telegram's CEO, Pavel Durov, has shown strong support for the MAJOR token by committing to hold 1% of its total supply for the next decade.

A report revealed that a significant number of crypto scams and failed projects were from the US, China, and the UK. This was between January 2022 and October 2024. The post Crypto Scams and Failed Projects Most Prevalent in US, China, and UK: Report appeared first on Cryptonews.

Hong Kong is considering waiving tax on investment gains from cryptocurrencies for hedge funds, private equity funds, and family offices as it looks to enhance its appeal as a wealth management hub.

Russian President Vladimir Putin has signed a significant law that officially recognizes digital currency as a form of property, reshaping the legal landscape for crypto operations in the country and allowing use in foreign trade settlements.

The event highlights the potential vulnerabilities in AI systems, emphasizing the need for robust security measures in AI-driven financial platforms. The post Crypto trader beats AI agent at its own game and pockets $47,000 appeared first on Crypto Briefing.

Crypto sleuth ZachXBT has accused a former professional gamer and cybersecurity analyst of helping steal $3.5 million from numerous memecoins scams. The on-chain detective's investigation unveiled a connection between the Australian man and nine crypto hacks.

Recently, the country took an important step by officially recognizing digital currencies as a type of property. This means that crypto is now seen as a valuable asset in international trade, just like gold or oil.

The industry expects a more crypto-friendly incoming administration under Donald Trump following his various campaign pledges.

Taiwan's Financial Supervisory Commission (FSC) has announced a significant acceleration of its Anti-Money Laundering (AML) regulations for cryptocurrency providers.

Russian President Vladimir Putin has signed into law a federal bill introducing taxes on cryptocurrency transactions and officially recognizing cryptocurrencies as property. According to the official document published on Nov.

As the holiday shopping season kicks off, the Web3 world is embracing its own version of the Black Friday fever. While traditional retailers prepare their doorbusters and digital deals, Web3 platforms and crypto companies are reimagining seasonal shopping.

A former Binance employee has filed a lawsuit in the UK, alleging unfair dismissal and bribery within the company, marking another legal challenge for the crypto giant.

Russian crypto holdings on centralized exchanges still worth billions despite volatility, Bank of Russia reveals.

New tokens like Catzilla, Algorand, and Immutable are shaking up the crypto world with explosive potential, sparking whispers of major returns. #partnercontent

Putin signed a crypto law recognizing digital assets as property, exempting mining and trading from VAT in specific cases.

Russian President Vladimir Putin has signed the final law on crypto taxation while recognizing digital assets as property. This taxation law will also be applicable for currencies used for foreign trade settlements “within the framework of the experimental legal regime (ELR).

A new report indicates that stablecoins, currently a $163 billion market, could grow to represent 10% of the U.S. money supply, hinging on regulatory clarity, which appears increasingly likely under the incoming Donald Trump‘s administration. What Happened: "Stablecoins have the potential to revolutionize global financial systems, bridging gaps that traditional methods struggle to address," the report by Zodia Markets and Standard Chartered states.

Russia has taken a bold step in regulating its booming cryptocurrency market. Russian President Vladimir Putin has signed a law that lays out detailed taxation rules for cryptocurrency activities like mining, buying, and selling.

Bithumb's announcement of listing Virtual Protocol's token VIRTUAL on its KRW market has fueled a 43% price surge, with trading set to start today.

Tron founder Justin Sun bought Maurizio Cattelan's conceptual artwork ‘Comedian' for $6.2 million last week. Today he ate it.

A crypto trader has reportedly earned $800,000 worth of Hype (CRYPTO: HYPE) tokens through the airdrop of decentralized exchange Hyperliquid. What Happened: The trader's wallet shows 219,268 HYPE tokens, valued at $839,821 at the time of taking the snapshot, sparking discussions on how airdrops can shape user behavior and platform adoption.

A former Binance executive has filed a whistleblower lawsuit against the cryptocurrency exchange in the UK, alleging that a colleague solicited a bribe from a customer in exchange for preferential treatment. Amrita Srivastava, a senior employee based in London, claims she was “unfairly dismissed” after raising concerns about the alleged misconduct.

ZachXBT has accused an Australian former professional Fortnite player, known as Serpent, of orchestrating memecoin scams that allegedly stole over $3.5 million. The post ZachXBT Accuses Former Professional Fortnite Player of Involvement in $3.5M Memecoin Scam appeared first on Cryptonews.

High entry barriers, complex transaction processes, and geographical boundaries have historically constrained the real estate and fine art markets.

Pump.fun has recorded its highest monthly revenue in history. The meme coin launchpad made a revenue of $82.78 million in November, soaring 207% from the month prior.

Crypto is fueling a rise in complex money laundering schemes in 2024, the Eurasian Group on Combating Money Laundering warns in its latest report.

Thanks to stablecoin and DeFi instruments, Bleap redefines the global financial landscape.

Taiwan is set to implement its new Anti-Money Laundering (AML) regulations for cryptocurrency businesses following fines issued to two exchanges for compliance breaches. The post Taiwan Tightens Crypto Regulations with New AML Rules After Recent Violations by Exchange appeared first on Cryptonews.

The Base network has grown to more than $3.5 billion in TVL and over $285 million in stablecoins market cap backed by Coinbase exchange.

From government initiatives to VC investments, UAE's web3 gaming ecosystem works harmoniously to foster growth and innovation.