Binance introduces new perpetual trading options while facilitating Fantom swaps to SONIC. Binance Futures announced SONICUSDT perpetual contracts on Jan. 8, 2025, at 15:00 (GMT+8), offering up to 75x leverage.

Dubai-based cryptocurrency trading platform Backpack Exchange has finalized the acquisition of FTX EU, the former European arm of the collapsed FTX exchange, for US$32.7 million. The deal is aimed at bolstering Backpacks presence in the European market, particularly in the regulated crypto derivatives sector.

Bitfinex Derivates says its decision to relocate to El Salvador will help turn the country into a “financial services center” for Latin America.

The action reflects growing regulatory scrutiny of cryptocurrency transactions in Portugal. Fiat transactions to cryptocurrency platforms have been suspended by Investimentos Globais, one of Portugal's top banks.

Arthur Hayes, former CEO of BitMEX and now Chief Investment Officer at Maelstrom, has adjusted his outlook on the cryptocurrency market, predicting a peak in March 2025.

Rostin Behnam, Chair of the U.S. Commodity Futures Trading Commission (CFTC), will step down from his position on Jan 20 after a four-year term.

Web 2.0, as it's known, introduced us to social media networks like Facebook and MySpace and platforms like YouTube that empowered everyday internet users to easily publish their content. However, behind these exciting smartphone apps, embedded videos, and user-centric platforms, carefully constructed corporate frameworks tracked, analyzed, and monetized every user interaction.

Binance lists important dates and procedures for ending specific leveraged trading pairs. Binance has announced important dates and procedures for discontinuing specific leveraged trading pairs on its margin platform.

AI agents are set to outnumber humans on blockchain networks, signaling a transformative shift in crypto's future, according to some.

The cryptocurrency market has faced significant turbulence over the past 24 hours, resulting in liquidations worth $539.1 million (₩784.1 billion). According to data from Coinglass as of 8:28 a.m.

Pierre Poilievre is the frontrunner to become Canada's next Prime Minister after Justin Trudeau's resignation. He has pledged to make Canada a global hub for cryptocurrency and blockchain innovation.

A federal judge allowed Coinbase to file an interlocutory appeal in its SEC lawsuit, pausing the case and sending it to the Second Circuit Court of Appeals.

Is Poilievre the crypto champion Canada needs, and can he succeed where Trudeau struggled?

A US judge has temporarily halted proceedings in the legal case between Coinbase and the SEC, allowing the crypto exchange to seek a higher court's opinion on a pivotal legal question.

Stronger-than-expected U.S. employment and economic data have put downward pressure on the cryptocurrency market, with hopes for rate cuts in 2025 diminishing. Key economic indicators are sending mixed signals, rattling markets, and causing a steep pullback in crypto prices.

Ethereum co-founder Vitalik Buterin's latest blog post reflects on the progress of decentralized and democratic differential defensive acceleration, or d/acc — one year after its introduction. Buterin emphasized the need for caution in AI development, advocating for defensive technologies that empower individuals and communities without relying on centralized authorities.

Crypto.com has taken a significant step toward bridging the worlds of cryptocurrency and Islamic finance by signing a Memorandum of Understanding (MoU) with Dubai Islamic Bank (DIB), the UAEs largest Islamic bank and a key player in the global Islamic finance sector. The partnership aims to enhance Crypto.coms presence in the UAE and the broader GCC region.

The floor price of Mad Lads, a prominent Solana-based NFT collection, soared 19% earlier Tuesday following news that its parent company, Backpack, had acquired the remnants of FTX Europe and its MiFID II exchange license. This strategic acquisition has positioned Backpack to expand its offerings and stirred speculation within the NFT community.

The official platform Bitfinex Derivatives has announced that it has received a Digital Asset Service Provider (DASP) license in El Salvador. The Seychelles based parent company made this announcement as the platform continues to expand its presence across the Latin American region.

The departing CFTC Chairman Rostin Behnam is sounding the alarm on the lack of comprehensive regulation of cryptocurrencies in the U.S. Regulatory Gap The outgoing chairman of the Commodity Futures Trading Commission (CFTC), Rostin Behnam, has lamented what he termed the insufficient regulation of cryptocurrencies in the United States. Behnam argued that the U.S.

Blockchains and smart contracts enable autonomous machines to team with humans in healthcare, education, manufacturing, and defense. Those teams will require secure communications, mutual trust, transparent rules, and crypto-economic incentives to set and complete tasks, says Jan Liphardt, founder of OpenMind.

Twenty-seven employees of the blockchain arm of the gaming titan WeMade have launched a legal case against the firm over “unpaid” altcoin bonuses. The post WeMade Employees Sue Gaming Giant Over ‘Unpaid Altcoin Bonuses' appeared first on Cryptonews.

District Judge Katherine Polk Failla of the United States District Court Southern District of New York granted a Coinbase motion for an interlocutory appeal in their lawsuit against the US Securities and Exchange Commission (SEC) on a Jan. 7 ruling.

Backpack Exchange, a crypto trading platform founded by former FTX and Alameda Research employees, is acquiring FTX EU for $32 million. According to a new announcement from the European-based crypto exchange and wallet Backpack, the exchange has bought out the European arm of FTX.

A U.S. judge halted the case in which the exchange and SEC are duking it out over an enforcement matter, and will let Coinbase chase a higher-court appeal.

In a new essay published on Monday, Arthur Hayes—renowned digital asset investor and former CEO of BitMEX—contends that the crypto market is poised to rally strongly in the first quarter of 2025 before topping out sometime in “mid to late March.” Hayes's latest essay, titled “Sasa,” delves deep into several macroeconomic variables, including US Federal Reserve (Fed) policy, US Treasury General Account (TGA) balances, the Fed's Reverse Repo Facility (RRP), and political uncertainty in Washington.

A crypto research platform anticipates that several cryptocurrency tokens will be unlocked within January this year with an estimated value of $7.2 billion. The think tank says the multi-billion-dollar token unlocking is a considerable amount, noting that it could have an impact on the cryptocurrency market.

In a rare legal move, Coinbase has been granted an interlocutory appeal by a federal judge, allowing the cryptocurrency exchange to challenge the SEC's lawsuit allegations at the Second Circuit Court of Appeals.

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Judge Katherine Failla granted Coinbase's request for an interlocutory appeal, citing different courts' interpretations of what constituted a security under the SEC's purview.

The venture firm expects 2025 to see a proliferation of tokenized securities and the emergence of AI agent "alpha hunters."

Coinbase Assets announced that it is licensed by the New York Department of Financial Services (NYDFS) to engage in Virtual Currency Business Activity.

TD Cowen expects the Trump administration to ease rules for banks working with crypto, but caution remains.

Backpack Exchange, a crypto trading platform founded by former FTX and Alameda Research employees, has purchased the former European assets of the bankrupted company for $37.7 million. Armani Ferrante, Backpack CEO, discusses the opportunity the acquisition presents and says that their priority is to 'return customer assets.

A New York district court judge has granted Coinbase's move to appeal, putting the U.S. SEC's lawsuit against the exchange on pause.

Judge Katherine Failla granted Coinbase's motion for interlocutory appeal on Tuesday, a move crypto leaders are already hailing as a major victory.

Bitfinex Derivatives has secured licensing as a Digital Asset Service Provider in El Salvador, the crypto platform's Seychelles-based parent company has announced.

President-elect Donald Trump on Tuesday announced a $20 billion investment in US-based data centers by Hussain Sajwani, the billionaire founder of DAMAC Properties and a close business associate of the Trump family. The investment is aimed at supporting advancements in artificial intelligence, cryptocurrency, and other sectors driving the digital economy.

Over the past 24 hours, more than 157,000 traders faced liquidations, with a total value of over $480 million.

Social media giant Meta is replacing its fact-checking program with a user-driven “Community Notes” system, according to a Jan. 7 statement. This move follows the model adopted by X (formerly Twitter), where users collectively identify and provide context for potentially misleading posts.

In a boost for Latin America's crypto sector, over 285,000 Peruvians have adopted the Lemon app since its launch in August 2024. This rapid growth coincides with Bitcoin's surge to $100,000 by December 2024 and the Central Bank of Peru's initiatives to improve financial interoperability.

Garanti BBVA Kripto, a subsidiary of Turkey's Garanti BBVA, has announced a partnership with Luxembourg-based cryptocurrency exchange Bitstamp to provide crypto trading services to its customers. Turkish Bank Subsidiary Collaborates With Bitstamp This collaboration represents the first liquidity provider partnership for Garanti BBVA Kripto since its establishment in May 2023.

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Older altcoins are still seeing increased attention from whales, even as AI agent tokens are considered the most actively growing sector for 2025.

Coinbase, the largest cryptocurrency exchange in the United States, has been granted a rare legal opportunity to challenge claims made by the Securities and Exchange Commission.

Rostin Behnam, chairman of the U.S. Commodity Futures Trading Commission (CFTC) announced his resignation on Tuesday, just a day after Michael Barr, Federal Reserve Board governor and vice chair for supervision, stepped down from his supervisory role.

Banco of Investimentos Globais (BiG), one of Portugal's largest banks, started blocking fiat transfers to crypto platforms, according to a notification shared by Delphi Labs co-founder José Maria Macedo.

Coinbase just scored a rare win in its battle with the SEC. Judge Katherine Polk Failla has granted the crypto exchange an interlocutory appeal, which lets the company take its case to the Second Circuit Court of Appeals.