Standard Chartered, Animoca Brands, and HKT have partnered to launch a Hong Kong dollar-backed stablecoin.
European crypto investment firm CoinShares has reported more than a 50% revenue surge in Q4 2024, reaching $60.8 million. CoinShares ended 2024 with a big jump in revenue, reporting £48.3 million (around $60.
Sniping crypto is a phrase that often comes up in discussions regarding the recent LIBRA collapse as well as meme coins named after CZ's dog, what is it and how does it affect the crypto market? Sniping crypto is a
South Korea's Financial Services Commission will soon make a decision on sanctions against Upbit, the country's largest cryptocurrency exchange, following lapses in customer identity verifications.
Scammers impersonated Saudi Arabia's Crown Prince Mohammed bin Salman to promote a fraudulent meme coin on Monday. What happened: In now-deleted posts, the X account of the Saudi Law Conference was hacked to shill the so-called Official Saudi Arabia Memecoin.
Changpeng Zhao (CZ), the co-founder and former CEO of Binance, remains a dominant force in the crypto industry despite officially stepping down as part of his plea deal with the US Department of Justice (DOJ).
Arkham Founder and CEO Miguel Morel is set to speak at the upcoming Paris Blockchain Week on April 11, 2025, highlighting key crypto industry insights.
If memecoins are considered commodities and not securities, then investors can't sue for insider trading, says Bitwise Head of Alpha Strategies Jeff Park.
Pump.fun founder Alon expressed his outrage over the $4 billion collapse of the LIBRA token.
The beginning of the new decade in 2021 marked significant strides in the development of Artificial Intelligence (AI) and its mainstream adoption. From the launch of OpenAI's ChatGPT to the recent emergence of the Chinese startup DeepSeek, AI and its potential applications are experiencing mainstream adoption at an unprecedented scale.
Latest CoinShares weekly report has revealed a notable shift in last week's crypto asset investment products, with the first major outflows reported after a prolonged 19-week streak of inflows. CoinShares particularly detailed $415 million in outflows, marking a sharp reversal from the previous weeks' steady gains.
Australian police recently dismantled a major crime syndicate that is responsible for stealing crypto ATMs and rare collector cards.
The probe will tackle President Milei alleged promotion of LIBRA, a Solana-based token that lost investors millions.
Russia claims it can reconnect to SWIFT anytime but questions its relevance as digital finance evolves.
The telecommunications industry faces several challenges, including the need for continuous infrastructure upgrades, rising service costs, and limited coverage in rural areas. As a result, many customers are exploring alternative options that ensure accessible and reliable connectivity.
Investor interest in Binance remains high, with former CEO Changpeng Zhao acknowledging the possibility of small-scale investments. Exclusive Binance Stakes? CZ Signals Potential for Small-Scale Investments Former Binance CEO Changpeng Zhao (CZ) dismissed rumors about a potential sale of the cryptocurrency exchange in a post on social media platform X on Feb. 17.
The European Securities and Markets Authority is seeking feedback on proposed guidelines for staff at crypto asset service providers.
In this exclusive interview, former Chairman Patrick McHenry provides an insider's perspective on crypto's regulatory landscape in 2025. He reveals why crypto legislation will take 18-20 months and weighs in on President Trump's crypto initiatives and the potential for a national crypto stockpile.
Scammers impersonating Saudi Crown Prince Mohammed bin Salman launched a fake cryptocurrency called the Official Saudi Arabia memecoin (KSA) to exploit the growing interest in celebrity-endorsed memecoins. The fraudulent token was announced by a fake account, SaudiLawConf, which posed as the crown prince.
Standard Chartered Bank Hong Kong, Animoca Brands, and Hong Kong Telecommunications (HKT) have partnered to launch a Hong Kong dollar-backed stablecoin, seeking a license from the Hong Kong Monetary Authority (HKMA). Leveraging Standard Chartereds stablecoin experience, Animocas blockchain expertise, and HKTs mobile payment capabilities, the joint venture aims to develop stablecoin applications for domestic and cross-border payments.
Stephan Leithner, CEO of Deutsche Brse, has called for financial reforms in the EU, emphasizing the need for a permanent central bank digital currency (CBDC) to strengthen the regions financial independence. In a policy paper released on February 15, Leithner outlined a 10-step strategy to transform the EUs Capital Markets Union into a Savings and Investments Union, with the digital euro as a core component.
Pepedose has successfully raised over $300,000 within 24 hours, marking a significant milestone in its mission to transform decentralized finance (DeFi). This rapid fundraising highlights the strength of the Pepedose community and sets the stage for the official launch of $PEPD, a community-driven MemeCoin designed to merge innovation and engagement within the DeFi space.
The Los Angeles Police Department detained a man who climbed the iconic Hollywood sign to promote the cryptocurrency token Vigilante. Dressed in dark clothing and a ski mask, the individual displayed a flag featuring the tokens name, website, and social media handles.
South Koreas Financial Services Commission (FSC) will allow selected institutional investors to open virtual asset trading accounts starting in the second half of the year, enabling around 3,500 corporate entities, including listed companies, to participate in a pilot test. This decision responds to growing demand from institutional investors to engage in blockchain and cryptocurrency-related businesses, positioning South Korea alongside other nations integrating virtual assets into their financial systems.
Indias Enforcement Directorate (ED) in Ahmedabad seized cryptocurrencies worth $198 million in a major crackdown on the Bitconnect cryptocurrency fraud. The operation, conducted under the Prevention of Money-Laundering Act (PMLA), 2002, took place on February 11 and 15, also resulting in the confiscation of Rs.13,50,500 in cash, a Lexus car, and multiple digital devices.
JPMorgan Chase has increased its stake in exchange-traded funds (ETFs) by 30% since May 2024, when it disclosed $760,000 in Bitcoin ETFs.
The European Securities and Markets Authority (ESMA) launched a public consultation on guidelines to assess the knowledge and competence of professionals providing crypto-asset services under the Markets in Crypto-Assets Regulation (MiCA). The consultation, published on Feb. 17, aims to standardize the qualifications and experience required for individuals advising on or informing clients about digital assets.
Is the crypto industry finally escaping regulatory chokeholds under Trump's leadership?
As the United States celebrates Presidents' Day, the Trump meme project's team also announced an airdrop incentive for those who showed their support during the election season.
Hackers compromised the X account of the Saudi Law Conference to promote a fake memecoin called KSA. KSA Memecoin Fails to Gain Traction On Feb. 17, hackers impersonating Saudi Arabia's Crown Prince Mohammed bin Salman launched a fake memecoin called KSA.
Melbourne authorities have arrested four suspects in connection with a series of crypto ATM thefts and collector card store robberies, recovering stolen goods worth thousands of dollars and multiple firearms.
Investment firm Brevan Howard Digital commits $20 million to Kinto, an Ethereum layer-2 solution designed to facilitate institutional participation in DeFi.
International digital asset management firm CoinShares says institutional crypto investors have finally ended their post-US election 19-week crypto buying spree. According to Coinshares, institutional whales pulled over $415 million out of crypto products last week after nearly 20 weeks of inflows.
Crypto narratives continue to shift, with Automated Market Makers (AMMs), trading bots, and perpetuals emerging as key trends this week. AMM protocols like UNI, CAKE, and PENDLE are gaining momentum, fueled by Uniswap's Unichain launch and BNB's strength.
The European Securities and Markets Authority (ESMA) has published a consultation paper seeking comments on a proposed knowledge assessment for persons giving advice on crypto-assets or providing information about crypto-assets or crypto-asset services on behalf of crypto-asset service providers (CASPs).
The companies reported big earnings.
Law enforcement authorities in India reportedly seized crypto assets linked to the BitConnect Ponzi scheme that defrauded hundreds of victims before collapsing in 2018. Indian Express reports that the Enforcement Directorate (ED) seized Rs (Indian Rupee) 1,646 crore or nearly $190 million in crypto assets during its investigation of BitConnect.
Binance founder and former CEO Changpeng ‘CZ' Zhao denied speculation that the crypto exchange is looking for a buyer but acknowledged that the company may consider selling a minority stake to investors in the future. CZ addressed the rumors in a social media post on Feb.
SoSoValue has become the first project to disclose data via a trial spot listing feature on Bybit in a bid to provide investors with more clarity regarding its development status and positively influence their decision-making. The act of disclosing such critical data has just been introduced on Bybit and is still in the trial phase.
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Bybit is pioneering financial transparency in crypto with a new disclosure trial for spot listings. The initiative mandates projects to reveal financial data, treasury details, and key metrics, giving traders deeper insight into listed tokens. The post Bybit Trials Financial Disclosure for Spot Listings, a First Among Crypto Exchanges appeared first on Cryptonews.
Argentina's president promoted a meme coin that some have called a "rug pull." But it isn't the first time he's been in hot water over a crypto promotion.
Standard Chartered's Hong Kong arm (SCBHK), in collaboration with Animoca Brands and telecom firm HKT, announced a joint venture to launch a Hong Kong dollar-backed stablecoin. According to a Feb. 17 statement, the initiative is pending regulatory approval from the Hong Kong Monetary Authority (HKMA).
US traders were among the top adopters of official meme tokens, like LIBRA, CAR, and TRUMP. The USA is the biggest source of liquidity and trading activity.
SoSoValue adopts Bybit's transparency framework for listed tokens
Changpeng Zhao (CZ), co-founder of Binance, and Yi He, head of customer service, firmly denied speculation regarding a potential sale of the world's largest cryptocurrency exchange. These statements come amidst a backdrop of regulatory tensions and significant asset movements.
The US Senate Finance Committee sent a letter asking Pantera Capital founder Dan Morehead for information on more than $850 million in crypto profits.
Brevan Howard Digital's Abu Dhabi branch has allocated $20 million in assets to Kinto, an on-chain financial portal, marking a significant move by a traditional financial institution into decentralized finance.