Crypto OTC trading volumes increased by over 100% in 2024, driven in part by institutional demand and Trump's election victory.
With 687 deals and infrastructure capturing the majority, Q4 marks the strongest quarter for crypto investment in two years.
The Supreme Court's decision could set a precedent for applying US securities laws to international crypto exchanges, impacting global operations. The post Binance faces legal setback as US Supreme Court upholds crypto lawsuit against exchange appeared first on Crypto Briefing.
FDIC Vice Chairman Travis Hill is set to become acting chairman at the start of the next administration, and he's critical of the FDIC's digital assets stance.
Binance and its founder Changpeng Zhao have lost a court appeal to end a lawsuit alleging securities violation in the United States.
Cryptocurrency exchange Binance and founder Changpeng Zhao are reportedly set to face a class action by investors after a Monday (Jan. 13) decision by the U.S. Supreme Court. The court declined to hear their appeal of a lower court's decision to let the lawsuit proceed, Reuters reported Monday.
The US Supreme Court has denied Binance's request to review the decision that revived a 2020 class action lawsuit accusing the exchange of violating security laws in the country and failing to protect investors.
As Bitcoin (BTC) continues to cause huge concern in the market due to its current bearish downtrend, what about the altcoins? Is there hope on the horizon, or are we about to see a wipeout across the board?
Donald Trump, the president-elect of the United States, is set to take office on January 20. Before D-Day, the crypto market has been showing signs of anticipation, particularly among the meme coins associated with Trump.
Indian Railways is issuing NFT-based train tickets for the MahaKumbh Mela on Polygon. They previously experimented with the NFT ticket initiative during Holi in March 2024.
Bitcoin and altcoins selloffs have pushed combined market liquidation above the $300 million threshold.
Crypto inflows totaled a modest $48 million last week, reflecting a volatile market response to shifting macroeconomic indicators and recent monetary policy developments in the US.
MoonPay has acquired blockchain payment platform Helio for $175 million, aiming to bolster its crypto payment infrastructure and expand services for merchants and developers.
MoonPay, a cryptocurrency payments firm, has acquired blockchain payment processor and Solana-based platform, Helio for $175 million. The post Crypto Payments Firm MoonPay Acquires Helio for $175M appeared first on Cryptonews.
Crypto laundering from hacking activities skyrocketed in 2024, with $1.3 billion funneled through illicit methods. On Jan. 13, blockchain security firm Peckshield reported a staggering 280% increase compared to the $342 million recorded in 2023.
The majority of the token's supply has been allocated to the community.
There have been some heavy buying in XRP and Dogecoin (DOGE) in the last two days. As per sources, whales have bought $2.698 billion worth of both these assets.
This is a segment from the Empire newsletter. To read full editions, subscribe.
The advent of generative AI has made it easier for scammers to target crypto and other real-time payment systems.
As the countdown to Donald Trump's inauguration as the 47th President of the United States enters its final week, crypto market participants are closely monitoring the situation.
The Covalent Network powers GoldRush with a rich database of onchain data, providing a vital source for AI models.
Californian venture capital giant Pantera Capital expects Bitcoin-native finance and NFTs to drive innovation in 2025 as real-world assets expand and fintech platforms embrace crypto.
Bison Digital Assets, a subsidiary of Portugal's Bison Bank, has partnered with Circle to provide access to regulated stablecoins that comply with the European Union's Markets in Crypto Assets framework.
TL;DR MoonPay acquires Helio for $175 million to integrate blockchain payment technology into e-commerce platforms. The acquisition strengthens MoonPay's vision to provide fast and decentralized payment solutions. The deal is expected to spark more mergers and acquisitions in the crypto industry, especially with the change of administration in the U.S.
Binance Exchange is on track to face a class action lawsuit as its attempt and that of its founder Changpeng ‘CZ' Zhao to quash it failed at the U.S Supreme Court level. The Justices of the Supreme Court, declined to hear the appeal, giving the investors room to prove their claims at lower courts.
ZA Bank, Hong Kong's largest digital bank, is exploring the establishment of physical branches following a regulatory change by the HKMA, aimed at enhancing customer experience and improving transaction processes. The post Crypto-friendly ZA Bank Considers Physical Branches in Hong Kong appeared first on Cryptonews.
FTX is set to initiate the distribution of over $1.2 billion to creditors, marking a significant step in its bankruptcy proceedings.
The industry continues to deal with the collapse of Sam Bankman-Fried's FTX exchange. Hopefully, the long wait for FTX's former crypto exchange users will soon come to an end.
Recent M&A activity suggests we're entering an era where finance is finally a unified ecosystem combining traditional and decentralized finance, says Mona El Isa, co-founder of Enzyme Finance.
Jim Cramer is an influential personality in the media industry. He is an author, trader, and host of the CNBC show Mad Money, among many other attributes.
The U.S. is set for a regulatory shakeup. But balancing decentralization and compliance remains a fundamental challenge, say Ben Charoenwong and Jonathan Reiter.
MoonPay plans to expand its trading and marketplace volume by acquiring Helio. The acquisition adds the technology, team and ecosystem of Helio, a cryptocurrency payment processor that supports Solana and other blockchains, to the crypto payments capabilities of MoonPay, the companies said in a Monday (Jan. 13) press release.
The incoming US president will have the authority to enact many policies favorable to crypto users after taking office next week.
Standard Chartered, a global bank, has announced plans to launch crypto services in Europe. This will allow it to offer its services throughout the European Union (EU) region.
The Public Prosecutor's Office in Antofagasta, located in northern Chile, has published a report on the probable use of cryptocurrencies by overseas criminal organizations to conceal unlawful assets. Investigations have revealed evidence that these businesses may be using cryptocurrency to conceal their financial operations, triggering a robust response from Chilean law enforcement.
Crypto payments giant MoonPay has acquired Solana-based payment processor Helio. Helio, known as Solana's (SOL) leading payment processor, has powered over $1.5 billion in transactions in just three years.
The U.S. Supreme Court turned away on Monday a bid by Binance and founder Changpeng Zhao to avoid a lawsuit by investors who accused the world's largest cryptocurrency exchange of illegally selling unregistered tokens that lost much of their value.
The acquisition enhances Chainalysis's proactive fraud prevention capabilities, potentially reducing crypto-related financial crimes significantly. The post Chainalysis acquires AI startup Alterya in $150M deal to strengthen crypto security measures appeared first on Crypto Briefing.
According to Bloomberg, his administration plans to appoint around 24 CEOs and founders to a new crypto advisory council. This group is expected to provide guidance on digital asset policies and help draft crypto-friendly legislation with Congress.
Spot trading is up 139%, and derivatives are up 91%.
MoonPay has acquired Solana-based payment processor Helio for $175 million to enhance crypto payment services.
According to a latest report from FOX Business, Crypto payments platform MoonPay has acquired blockchain payment processor Helio for $175 million, possibly starting a series of mergers in the digital asset sector under the crypto-friendly Trump administration.
On the crypto market, AI tokens are stumbling: billions evaporate, and artificial intelligence reveals a very human limit, that of rampant speculation.
This bold move unites two major players in financial technology. Together, they aim to redefine the future of payments.
FTX is preparing to distribute over $1.2 billion in repayments to its users who have been unable to access their funds for more than two years. The post FTX Sets Deadline for Pre-Distribution Requirements, Payments Likely to Start on February appeared first on Cryptonews.
HashKey has received the In-Principle Approval for the Dubai VASP License. Recently, HashKey Group secured VASP registration approval from the Central Bank of Ireland.
Digital asset investment products saw modest inflows of $48 million last week.