Kraken reportedly fired 15% of its workforce, two people with insider knowledge told a New York Times reporter.
Top US crypto exchange Coinbase is announcing a partnership with credit card giant Visa for real-time account-to-account transactions.
Kraken has gone through a round of layoffs in a bid at operational efficiency, a representative confirmed to The Block.
Donald Trump said nothing about changing tax laws for Americans using Bitcoin to buy coffee but has suggested eliminating federal income tax.
With regulatory certainty, the national security benefits of digital assets and blockchain technology will grow exponentially, say four national security experts.
In a recent interview, former President Donald Trump incited a game-changing idea that could disrupt the crypto industry and kindle excitement among U.S.-based crypto investors: making crypto transactions tax-free. This proposal if implemented, would eliminate capital gains taxes on crypto transactions, and make way for a bold new approach to digital currency in America.
A report from Loock Advising suggests that popular YouTuber MrBeast has conducted crypto/NFT insider trading. Through public endorsements and a network of secret wallets, he profited at least $23 million.
FTX CEO John J. Ray III urged the court to keep former engineering director Nishad Singh out of prison, arguing that his continued freedom would help maximize asset recovery for the exchange's creditors.
Kraken announced layoffs Wednesday as the crypto exchange looks to shift its organizational structuring.
MrBeast, the renowned YouTuber under some trouble recently allegedly traded crypto under 50 wallets and across exchanges like Binance and Gemini.
TL;DR Despite an increase in revenue in the third quarter, Coinbase faces a challenging market and has lost the confidence of retail investors. The exchange's shares have grown 27% this year. However, they are 40% below their all-time high. Coinbase is diversifying its revenue sources. Approximately half comes from institutional trading and non-trading services.
Florida chief financial officer Jimmy Patronis asked the State Board of Administration to supply a report on the potential of allocating some state retirement system funds to digital assets.
The U.S. Treasury said it estimates that $120 billion of stablecoin collateral has been invested in Treasuries.
Ubisoft Entertainment SA (OTC:UBSFF) has officially released its first blockchain game, Champions Tactics: Grimoria Chronicles. The game, which is a tactical NFT battler, was announced last June and has now launched on PC.
The founder of a cryptocurrency financial services firm pleaded guilty on Wednesday to engaging in a scheme to manipulate the market for digital tokens, including one created at the FBI's behest to help ferret out fraud in the crypto sector.
rFormer crypto executive Nishad Singh is ready to find out his sentence on Wednesday for his role in his one-time boss Sam Bankman-Fried's misappropriation of an estimated $8 billion in customer funds from the now-bankrupt FTX exchange. Singh pleaded guilty to six felony counts of fraud and conspiracy, testifying as a prosecution witness last year
The proposed ETF holds a diverse basket of crypto assets, include altcoins. It may face competition.
On-chain analytics provider Solonchain highlighted a whale who made more than $2.5 million trading several meme coins, such as Goatseus Maximus (GOAT). What Happened: The whale's recent successful trades include accumulating LUCE, GOAT and FWOG, making significant profits of 533%, 1788% and 1,200%, respectively.
With the rising institutional interest in digital assets, Tanya Solati, vice president of business development at Propy, recently shared her perspective on why firms like BlackRock and PayPal are increasing their involvement in the blockchain space. Solati will speak at the upcoming Benzinga Future of Digital Assets event, focusing on regulatory changes and their impact on digital finance.
Donald Trump is working hard to win over the crypto industry in this election. He wants to make America “the crypto capital of the planet,” has started his crypto project, spoke at the Bitcoin conference in Nashville, and plans to fire SEC Chair Gary Gensler right away if he wins.
With Bitcoin on the cusp of a new all-time high, the meme coin sector is gearing up for the highly-anticipated supercycle.
World-leading digital payment company Visa announced a partnership with Coinbase that allows customers with eligible Visa Direct debit cards to buy, deposit, and withdraw cryptocurrencies instantly.
This was the first case against JPEX, which operated in Hong Kong without a license.
Instead of parsing the Howey test, founders should prioritize making tokens useful and fair, say Jake Chervinsky and Rebecca Rettig.
John Ray laid out the importance of Nishad Singh's future cooperation to FTX's bankruptcy, hours before the crypto executive's sentencing.
Binance launches a wealth management service aimed at helping traditional advisors guide their rich clients into crypto.
The crypto exchange's official Telegram mini program has a growing feature set to make in-app asset management simple.
Circle is entering an agreement with a Hong Kong telecommunications firm with the aim of building blockchain-based solutions for the Asia-based company.
In yet another insider trading allegation crypto market is in shock with 300+ million fans YouTuber Jimmy Donaldson, known as MrBeast, has been accused of earning over $23 million through low-cap token promotions and alleged pump-and-dump schemes.
MrBeast and members of his YouTube influencer circle allegedly profited millions of dollars from questionable crypto deals, according to a group of on-chain investigators.
It has been only a few years since the world began to value crypto coins or this industry. Before this, it was regarded as a scam, Ponzi scheme, or whatnot, which pushed many people away from the industry.
The United States Department of the Treasury recently announced an innovative strategy aimed at using crypto, stablecoins, and blockchain technologies to broaden access to financial services and especially to
Creator Or Dadosh says Venn creates a "completely new economy" for crypto security.
The test token helps Magic Eden check the overall flow for users claiming ME, the platform's future ecosystem and utility token.
Chainalysis's latest report reveals Eastern Europe as the fourth largest cryptocurrency market globally. As per the report, the region received $499.14 billion in on-chain value between July 2023 and June 2024.
Binance, the world's largest cryptocurrency exchange by trading volume, announced the appointment of Jeff Li as its new Vice President of Product during the Binance Blockchain Week in Dubai.
John Ray, who took over as FTX CEO in November 2022, suggested Nishad Singh's cooperation in the firm's bankruptcy would be “important to maximize recovery” for creditors.
The crypto market has began noting a comeback as October emerged as the turning point for many digital assets. This is expected to contunue as we move into November but even so there are certain potential developemtns that should have the investors' attention on.
Public blockchains — with their open architecture and unrestricted participation — are set to drive the next wave of financial innovation just as the internet did for communication and commerce, says Markus Infanger.
Binance has appointed Jeff Li as its Vice President of Product, announced at Dubai Blockchain Week. Li's deep experience in product development spans roles at TikTok, Instagram, and Twitch, positioning him to lead Binance's Web3 push and broaden access to blockchain technology worldwide. The post Binance Names Jeff Li as New VP of Product During Binance Blockchain Week in Dubai appeared first on Cryptonews.
As the European Union prepares to fully implement the Markets in Crypto-Assets (MiCA) regulation by December 2024, the European crypto market is on the verge of a major change. Ian Horne, head of content at Money20/20's Amsterdam show, recently discussed how this new framework will impact exchanges and the broader market ahead of his appearance at the Benzinga Future of Digital Assets event.
Binance founder CZ will be returning to the spotlight at Binance Blockchain Week in Dubai following his prison time in the US.
The crypto world continues to evolve, and Coinbase, one of the most well-known exchange platforms globally, has announced an exciting development for its users in the United States and Europe: thanks to a partnership with Visa.
Eowyn Chen's path to crypto leadership began with finance before taking command at Trust Wallet. Before becoming CEO of Trust Wallet, she worked at Binance, where she played a significant role in expanding the crypto exchange user base.
Customers of payments giant Visa can now integrate their eligible debit card into their Coinbase accounts and deposit funds, at times instantly, the two firms announced on Tuesday.
Taiwan's Financial Supervisory Commission (FSC) is set to implement a registration system for cryptocurrency exchanges by November 30. The post Taiwan's Financial Regulator to Implement Crypto Exchange Registration System by Next Month appeared first on Cryptonews.
Visa has launched a money movement partnership with cryptocurrency exchange Coinbase. The collaboration connects Coinbase to the Visa Direct network, letting the exchange's customers deposit funds into their accounts via eligible Visa debit cards, according to a Tuesday (Oct. 29) news release.