The acting US Attorney for the Southern District of New York reportedly resigned after the federal Justice Department directed her to halt a case against NYC Mayor Eric Adams.
According to data provided by crypto analytics firm Lookonchain, someone just made a profit of $7 million on a meme coin named after the dog of former Binance CEO Changpeng Zhao (CZ). Their initial investment was just 1 BNB ($707).
Americans lost over $5 billion to cryptocurrency scams in 2023 alone, with fraudsters using sophisticated methods to create the illusion of profit while victims face devastating financial losses.
As the meme coin craze continues, the market capitalization increased from $20 billion in January 2024 to $120 billion by the end of the same year. It is no surprise that Dubai's Virtual Assets Regulatory Authority (VARA) has issued an alert informing consumers and investors of the risks associated with advertisements promoting subscriptions to memecoins.
Last summer, Robinhood announced its $200 million acquisition of Bitstamp to deepen its global crypto presence with one of the oldest exchanges
Publicly traded mining companies in the US are now feeling the effects of trade tensions between the United States and China.
President Donald Trump's administration may be pivoting away from the idea of a formal crypto council in favor of a series of informal summits involving a rotating bench of crypto industry leaders, Unchained Crypto reported on Feb. 13.
Changpeng "CZ" Zhao just told the world about his dog—and BNB Chain and Solana meme coin creators and traders alike went wild over the news.
Stablecoin use continues to expand across the world, and White House crypto czar David Sacks says one of its first priorities is stablecoin legislation in the United States.
Estonian nationals Sergei Potapenko and Ivan Turõgin each face a maximum sentence of 20 years in prison.
Sebastian Siemiatkowski, CEO of Klarna, says he was "wrong" about crypto and is excited to explore its usage. He joins Caroline Hyde and Jackie Davalos on "Bloomberg Technology".
Pig butchering scams surged 40% in revenue while deposits skyrocketed 210%, signaling a shift to smaller, harder-to-detect transactions.
A stablecoin firm backed by veteran investor Peter Thiel is raking in tens of millions of dollars worth of funds during a recent fundraising event.
Robert F. Kennedy Jr. (RFK Jr.) has officially taken charge of the Department of Health and Human Services (HHS) after a razor-thin 52-48 Senate vote pushed him through today. No Democrats supported him, and former Senate Majority Leader Mitch McConnell was the only Republican to vote against him.
Changpeng “CZ” Zhao, former CEO of Binance, revealed the name of his dog, Broccoli, today. A race has begun for BROCCOLI meme coins while he remains an impartial observer.
The Empire State might be about to receive a fresh wave of crypto regulation. Groundbreaking legislation proposed by New York State Senator James Sanders Jr. would create a 17-member task committee that will examine the realm of digital currency.
Binance founder Changpeng Zhao, also known as “CZ,” has taken the crypto market by storm after sharing his dog's name and picture. The announcement sparked the launch of multiple tokens inspired by the pet and was further fueled by BNB Chain's memecoin launchpad's name-guessing contest.
The US Federal Bureau of Investigation says it helped save an estimated $285 million that victims would have lost to cryptocurrency scams. According to a report published on Feb.
Robinhood out with strong earnings thanks to a 700% jump in its cryptocurrency revenue. The company also announcing it expects expects double-digit revenue growth this year.
Robinhood's strategic focus on digital assets not only drove its financial success in 2024, but perhaps provides the strongest signal yet of retail investor accpetance
Solana-based meme coin OFFICIAL TRUMP (TRUMP) is recovering from recent losses. Amid the broader market rally, the token's value has surged nearly 15% in the past 24 hours, outpacing top meme coins by market capitalization.
AI-enhanced fintech security provider MatterFi on Thursday announced its integration of its AI-powered wallet infrastructure into Trrue's blockchain ecosystem, aiming to improve security and usability for digital asset transactions. The collaboration combines MatterFi's decentralized custody solutions with Trrue's Layer-1 blockchain technology, providing retail and institutional investors with a more streamlined and private way to manage digital assets.
Despite CZ's clarification, multiple ‘Broc' meme coins flooded the market within hours, with one hitting a $60M market cap.
Rep. French Hill (AR-02) and Rep. Bryan Steil (WI-01), leaders on digital assets on the House Financial Services Committee, argue that new legislation can ensure the U.S. remains a leader in crypto and blockchain.
John Reed Stark, a former SEC official, has noted that the agency's cryptocurrency unit is now unofficially "dead and buried."
A state-aligned cyber collective from North Korea has compromised Github repositories and NPM modules with stealthy malicious code to pilfer digital currencies, per a Securityscorecard STRIKE Team analysis. Security Researchers Warn of Rising Open-Source Malware Attacks Linked to Lazarus Group As detailed by a Computing.co.
Scammers became more active in 2024, ending up with an estimated haul between $9.9B and $12.4B. Chainalysis discovered high yield scams were the most active, followed by personalized confidence or job scams.
Plasma, a Peter Thiel-backed crypto platform looking to build a Bitcoin-based network for stablecoins, has announced it raised $20 million in its Series A round.
BingX Labs, the innovation arm of crypto exchange BingX, has invested $10 million in StakeStone to support the development of omnichain liquidity staking and StakingFi applications.
Fireblocks SVP Ran Goldi told The Block that, from what he's hearing, X Money is expected to be crypto ready by the end of 2025.
U.S. President Donald Trump finalizes nominations for key agencies that regulate crypto, while bitcoin remains flat Thursday as U.S. wholesale inflation data in January came in hotter than expected. Plus, SEC Commissioner Hester Peirce says memes are not within her agency's jurisdiction.
Robinhood shares skyrocketed Thursday after fourth-quarter results beat expectations amid record crypto transaction revenue. Coinbase is will also report after the market close.
USDC netflow soared before the CPI data release, hitting a high of 1.09 billion, reflecting bullish sentiment among crypto investors.
TL;DR CZ caused a stir in the crypto market by suggesting on social media that his dog, Brocolli, could inspire a memecoin, generating significant speculation. Despite the interest, CZ clarified that he has no plans to launch a memecoin and only shared his dog's name in response to user requests.
In light of speculation surrounding a potential meme coin launch, the price of BNB has surged over 12% in the last 24 hours.
The US department said it had intervened after identifying victims of romance and “pig butchering” scams involving crypto.
South Korea's Financial Services Commission (FSC) announced plans to gradually open the crypto market to corporations, marking a shift from a long-standing ban on institutional trading. The policy, outlined during the third meeting of the Virtual Asset Committee, will allow select entities to trade digital assets under a phased approach beginning this year.
"GenAI is amplifying scams, the leading threat to financial institutions, by enabling high-fidelity, low-cost, and highly scalable fraud."
Robinhood Markets (HOOD) surges ahead by 15% Thursday morning, continuing gains since the brokerage platform posted its fourth quarter earnings beat on Wednesday. Revenue tied to crypto trading is one factor contributing to this ride higher as Robinhood reported $358 million in crypto revenue, above expectations for $329.7 million, jumping by 700% year-over-year.
In a latest development, Plasma, a crypto startup creating a Bitcoin-based blockchain for stablecoins, raised $20 million to advance its development. The funding, led by Framework Ventures, will help launch Plasma's testnet and mainnet, and support its expansion into remittances, payments, and DeFi applications.
Stablecoin company Plasma is building a new blockchain that offers zero-fee USDt transactions.
Robinhood's stock soars as the company reports record growth and expands its crypto offerings and global reach.
Fraud platforms like Huione Guarantee processed over $375 million in illicit transactions offering AI-based services to scammers.
CZ's decision not to launch a meme coin himself shifts focus to community-driven initiatives, potentially fostering innovation on the BNB Chain. The post CZ lets his dog's name out, nixes meme coin launch rumors appeared first on Crypto Briefing.
Blockchain founders like MOVE's Rushi Manche are clamoring for a spot in the president's crypto portfolio, hoping it will boost their token price.
South Korea plans to gradually allow corporations to begin trading crypto, according to the latest announcement by the Financial Services Commission. On Feb.
Crypto exchange Binance and the United States Securities and Exchange Commission (SEC) have filed a joint motion to stay the case for 60 days to seek an early resolution in light of recent events. This comes after the formation of a crypto task force under Acting Chair Mark Uyeda, which could result in a final determination.