Sonic, a Solana layer-2 blockchain, has partnered with Galaxy Interactive, a venture investment firm, to unveil a multimillion-dollar fund to advance Web3 gaming and other emerging crypto sectors.

Outgoing SEC Chair Gary Gensler on Wednesday warned of the highly speculative nature of the cryptocurrency market, saying the vast majority of the 10,000-15,000 existing crypto projects “will not survive.” What Happened: In an interview with Bloomberg, Gensler said he has been around finance for over four decades, and everything in the markets trade on a mixture of fundamentals and sentiment at any given time.

Judge Katherine Failla stays SEC lawsuit against Coinbase, permitting an appeal on crypto's status and unresolved Howey Test controversies.

Custodia Bank, a crypto-friendly Wyoming-based bank, has achieved a major milestone in its security controls by obtaining certification as a System and Organization Controls 2 compliant bank. On Jan.

China's newly unveiled “National Data Infrastructure Construction Guidelines” place blockchain at the heart of the country's strategy to enhance data security, transparency, and scalability as part of its broader digital transformation push.

At CES 2025, NVIDIA showcased groundbreaking innovations all emphasizing the convergence of AI And the push on AI Agents and Agentic AI.

Ask yourself which Americans love crypto, and a few words that might come to mind are: Millennials, techies and guys.

Binance Co-Founder Changpeng Zhao has expressed support for Bhutan's bold decision to include cryptocurrencies in its strategic reserves. The announcement marks Bhutan's move to strengthen its economic resilience and innovation within the growing digital asset ecosystem.

In what he said would be his last remarks as CFTC chair, Rostin Behnam said he intended to advocate for the commission to address regulatory challenges over digital assets.

SEC Chairman Gary Gensler reiterated his long-standing critique of the cryptocurrency industry, calling it “rife with bad actors” during a Bloomberg TV interview on Wednesday.

Senator Cynthia Lummis is working to promote Bitcoin and improve crypto regulations. She met with SEC Chair nominee Paul Atkins to discuss fixing the SEC's rules and her plan for the U.S. to buy one million Bitcoins.

Bitfinex secures DASP license in El Salvador, expanding in Latin America and supporting the country's crypto-friendly image.

We can preserve Bitcoin's core principles while enabling advanced functionality and interoperability.

Despite consistent crackdowns the nation has witnessed an uptick in crypto adoption.

Thailand will pilot cryptocurrency payments in Phuket for tourists, aiming to boost convenience, tourism, and business opportunities.

Even if crypto remains a low priority for the Trump administration, any shift away from Gensler's approach is seen as a positive change.

Bubblemaps airdrop for active V2 users has been announced, requiring participants to join via invitation or a waitlist.

Portugal's Banco de Investimentos Globais (BiG) has suspended fiat transfers to cryptocurrency platforms, citing compliance with European Central Bank (ECB) guidance on risks associated with virtual assets. The decision was brought to attention after an email to customers, warning about the bank's new policy.

Sonic SVM and Galaxy Interactive launch fund for Web3 gaming, AI, and social content innovation.

Movement Labs, a blockchain developer founded in 2022, is reportedly closing a $100M funding round led by CoinFund and Brevan Howard Digital, boosting its valuation to $3B. The funds aim to support global scaling and growth in the Asia-Pacific region. The post Movement Labs Close to Raising $100M Reaching $3B Valuation: Report appeared first on Cryptonews.

Departing U.S. SEC Chair Gary Gensler there is still "work to be done" less than two weeks before he is set to leave the agency.

The crypto exchange Gemini has agreed to pay the U.S. Commodity Futures Trading Commission (CFTC) a $5 million civil penalty to end the regulator's lawsuit.

Securities and Exchange Commission Chair Gary Gensler comments on his tenure as SEC chair and the outlook for crypto. He speaks with David Gura on "Bloomberg Markets.

Movement Labs already received $100 million in its round Series B funding, which will close sometime towards the end of January. The company's total value should be around $3 billion by the time it wraps up.

TL;DR Exodus has officially listed its stock on the New York Stock Exchange (NYSE) under the symbol “EXOD” on December 18, 2024, with a ringing of the opening bell. The company, which operates debt-free and with a solid reserve of digital assets, aims to integrate crypto companies into the traditional financial system.

The crypto market has seen a sharp decline over the past 24 hours, with meme coins taking the biggest hit.

Check out which trading pairs will be delisted from Binance later this month.

On Tuesday, US-based crypto exchange Coinbase, achieved a significant legal victory in its ongoing dispute with the Securities and Exchange Commission (SEC).

China announces a national data infrastructure initiative, leveraging blockchain technology to enhance transparency and trustworthiness in data management. The plan includes 5G-A upgrades, future 6G research, and aims to attract over $54.5 billion in annual investments, reinforcing its global digital economy role. The post China to Adopt Blockchain Technology for National Data Infrastructure by 2029 appeared first on Cryptonews.

Bhutan's Gelephu Mindfulness City plans to includ BTC, ETH and BNB in its reserves, leveraging its growing Bitcoin mining efforts.

Sonic SVM and Galaxy Interactive have announced the launch of G.A.M.E. Fund 1, a $200,000 to $1 million initiative.

Phemex unveils 2025 crypto trends: Rise of meme coins, DeFi opportunities, and hybrid exchanges.

President-elect Donald Trump is reportedly considering declaring a national economic emergency to implement a universal tariff program targeting allies and adversaries. These tariffs, potentially introduced under the International Economic Emergency Powers Act (IEEPA), will realign global trade balances.

Crypto wallet provider Exodus stock is officially listed on the New York Stock Exchange.

South Korea's Financial Services Commission (FSC) is reportedly planning to lift its effective ban on institutional trading of crypto.

A US federal judge has allowed Coinbase to pursue an interlocutory appeal in its legal battle with the SEC, pausing the ongoing case and escalating the dispute to a higher court.

Cryptocurrency holders worldwide are poised to reach a new all-time high in 2025, the CEO of Chainalysis told Cointelegraph.

The Trump transition team has vetted at least half a dozen potential candidates to run the Commodity Futures Trading Commission, with two front-runners emerging.

South Korea is reportedly preparing to relax its restrictions on crypto trading for institutional investors, signaling a significant shift in the country's approach to digital asset regulation. Local media outlet Yonhap reported on Jan. 8 that the country's Financial Services Commission (FSC) will introduce phased regulatory changes to enable institutions to participate in crypto trading.

In recent weeks, the Solaxy ($SOLX) presale has become one of the most talked-about events among crypto investors, and for a good reason. With global events like Donald Trump's pro-crypto stance and Bitcoin's ongoing rally driving the bull run, $SOLX is the next crypto to present an exciting investment opportunity.

Crypto market data shop SoSoValue has raised $15 million in a Series A funding round, rising to a $200 million valuation ahead of a token and indices launch.

Crypto mining farms are large setups where digital currencies are created. Mining is how new coins enter circulation, with Bitcoin being the first to be mined back in 2009.

TD Cowen suggests President-elect Donald Trump may create a more favourable environment for crypto firms working with banks.

Bullish Group, a leader in digital asset trading infrastructure, announced that its German subsidiary, Bullish DE Custody GmbH, has obtained essential licenses from Germany's Federal Financial Supervisory Authority The approvals, granted on Dec.

On Jan.

Thailand plans to pilot crypto payments in Phuket, making it easy for tourists to pay for goods and services using digital assets. Tourists Will Soon Be Able to Pay for Goods and Services in Bitcoin Pichai Chunhavajira, Thailand's Deputy Prime Minister declared on Wednesday, Jan.

FTX Creditor Linda Favario has filed a complaint with the US Bankruptcy Court over the extravagant spending of the FTX Administrators. In her letter dated December 17, 2024, Favario called the court's attention to the excessive expenses, noting that it is a norm for bankruptcy professionals.

The crypto market dropped sharply, losing $695M in 24 hours due to rising US bond yields and inflation concerns.