The crypto market is facing a brutal correction, wiping out all gains since Donald Trump's election win in November. The overall market capitalization has dropped 8% to $2.7 trillion, with Bitcoin crashing 7% to $78,000—its lowest since November.
Most meme coins fail to meet the Howey Test according to the SEC.
Another day, another dip. The crypto market has taken another hit, wiping out close to $1 billion in leveraged positions.
Legendary Brazilian footballer Ronaldinho has sparked speculation about a potential cryptocurrency launch after warning his followers about fake meme coins using his name.
According to CoinDesk, the exchange has enlisted the help of boutique investment bank Broadhaven Capital Partners. The firm will oversee the sale process.
The Seoul Southern District Prosecutors' Office has launched a formal joint investigation unit that exclusively tackles crypto-related crimes and fraud cases.
SEC released a statement in the past day discussing the memecoins classification. The US regulator has reformed its approach towards digital assets in the past month.
SEC's Division of Corporation Finance declares memecoins are not securities, requiring no SEC registration, while maintaining oversight for fraud and disguised securities.
Cryptocurrency use for illicit purposes totaled $40.9 billion in 2024, Chainalysis data shows. Though lower compared to the $46.1 billion observed in 2023, analysts warn that the current figure is a lower-bound estimate that will continue to rise as additional illicit addresses are recognized.
The U.S. Securities and Exchange Commission (SEC) has agreed in principle to dismiss its enforcement case against MetaMask. Pending final approval, the case will be officially closed.
February 2025 saw $1.53 billion in crypto losses, an 18x increase from a year ago, largely driven by a $1.46 billion Bybit hack. Crypto hacks drained $1.
Regulators and authorities have long considered memecoins a wild and unpredictable aspect of the crypto market. Now, lawmakers are set to introduce regulatory measures to curb this highly volatile market.
MetaMask wallet service provider has revealed a new roadmap aimed at improving user experience. The self-custodial wallet also plans to incorporate smart contract features as well as native Bitcoin and Solana support.
Amidst sordid scandals, Pump.fun devalues by 80% in February. The excitement of memecoins fades under the weight of disappointment, while confidence collapses inexorably.
Hackers posing as a legitimate Web3 company have targeted job seekers in the crypto industry, stealing cryptocurrency through a fake job interview scam.
Consensys and the U.S. Securities and Exchange Commission (SEC) have come to an agreement to dismiss the ongoing legal dispute regarding MetaMask, according to the company's CEO, Joseph Lubin.
Pump.fun has seen a sharp decline in token launches and graduations from its system.
William Banks, a comedian known for his unconventional humor, has stirred controversy after launching and quickly abandoning a Solana SOL meme coin.
The U.S. Securities and Exchange Commission (SEC) has agreed to drop its lawsuit against Consensys, a blockchain software company founded by Ethereum co-founder Joseph Lubin.
As one of the dominant forces shaping the transition towards decentralised finance (DeFi), Consensys has previously come under close scrutiny by the United States' top regulator. The SEC, known for its strict regulatory oversight of financial markets and institutions, had previously initiated a lawsuit against the Ethereum-based software technology company.
The overall crypto market cap has gone down more than 8% as major tokens plummet, having yet to recover from the recent market crash. According to data from crypto.
OKX accepted responsibility for these deficiencies and expressed regret for failing to uphold its commitment to combating monetary crimes while also ensuring transparency within its operations. The $50.5 million penalty imposed by the DOJ signifies one of the largest settlements within the realm of crypto exchanges.
Russian hackers “Crazy Evil,” carried out a social engineering campaign that lured web3 job seekers to download malicious GrassCall app. The post Russian Hackers Use Malicious ‘GrassCall' Meeting App to Drain Crypto Wallets: Report appeared first on Cryptonews.
The Securities and Exchange Commission (SEC) has dropped its civil enforcement case against Coinbase Inc. and Coinbase Global Inc.
Memecoins may not be subject to United States securities laws, according to a recent statement from the Securities and Exchange Commission. On Feb.
Bybit, the worlds second-largest cryptocurrency exchange by trading volume, has made significant strides in recovering assets and rebuilding trust following a recent security incident. The platform has swiftly implemented recovery measures and enhanced security protocols to protect its global user base.
Several U.S. states are racing to invest public funds in cryptocurrencies before the federal government establishes a strategic digital assets reserve. However, efforts in Pennsylvania, Wyoming, Montana, South Dakota, and North Dakota have failed, while Utah is close to passing a bill allowing crypto investment for up to 5% of certain public funds.
BitMEX, the cryptocurrency exchange and derivatives trading platform co-founded by Arthur Hayes in 2014, is reportedly looking for a buyer. Sources say the exchange appointed Broadhaven Capital Partners last year to oversee the sales process.
Coinbase has secured a major victory as the U.S. Securities and Exchange Commission (SEC) officially dismissed its lawsuit against the crypto exchange. The move, following a formal vote by SEC commissioners, prevents the regulator from reopening the case later.
A group of leading blockchain and crypto firms has formed the Open Agents Alliance (OAA) to deliver decentralized artificial intelligence (AI) services using shared infrastructure. The alliance includes NEAR AI, the AI and payments divisions of Coinbase, and various blockchain and AI projects.
The SECs Division of Corporation Finance has clarified that most meme coins do not qualify as securities under federal law. Meme coins, inspired by internet trends, characters, and social movements, are primarily traded for entertainment and speculative purposes rather than as investments in a business.
Brazil's central bank suspends public proposals, citing unresolved privacy and redundancy concerns.
Artificial Intelligence is changing at a breakneck speed, and a new AI tool that has been gaining a lot of attention lately is DeepSeek. The recognition was so significant that DeepSeek even caused a massive drop in Nvidia's stock price because it was able to make a great functioning AI tool without relying on overly expensive chips.
The U.S. SEC has dropped investigations into 5 crypto-related companies within 5 days. What led to this sudden shift, and how does it impact the crypto market?
The US Securities and Exchange Commission (SEC) has dropped its case against Consensys, the company behind the widely used MetaMask wallet, marking a significant shift in regulatory actions against the crypto sector.
The US Securities and Exchange Commission (SEC) has officially withdrawn its lawsuit against Coinbase.
The SEC clarified that meme coins are not securities under US law, but warned that fraudulent tokens could still face enforcement from other agencies.
The intersection of politics and cryptocurrency is once again under scrutiny as House Democrats, led by Congressman Sam Liccardo (D-CA), introduce the Modern Emoluments and Malfeasance Enforcement (MEME) Act.
Cryptocurrency prices are down sharply in recent weeks and not expected to rebound soon, with some of the biggest digital currencies erasing nearly all of the gains they made after Donald Trump's election win triggered a wave of excitement across the industry.
On February 27, U.S. Democratic Congressman Sam Liccardo introduced a bill aimed at preventing government officials and their families from profiting off cryptocurrencies, including memecoins.
Will Trump's administration reshape crypto regulations and ease restrictions on decentralized finance?
The mainstream adoption of decentralized finance (DeFi) in emerging markets like India is being stymied by a fragmented user experience, according to Rohit Jain, CEO of Okto wallet. Speaking in an interview with Benzinga, Jain identified the complexity of Web3 interactions as a primary barrier, alongside the need for regulatory clarity, as key challenges preventing DeFi from reaching a broader audience.
SEC's pro-crypto governance starts taking action on crypto, but this time, it's for GOOD. The US SEC has made it clear that meme coins, like TRUMP and other popular tokens, are not considered securities or investments that need to follow strict financial rules.
The US SEC stated that meme coins do not come under 'securities' and are more like a 'collectible,' given its high speculative nature. The post Meme Coins Aren't Securities, More Like Collectibles: US SEC Confirms appeared first on Cryptonews.
New legislation would mandate fraud warnings, transaction limits, and mandatory refunds for crypto ATM users, aiming to curb scams and hold operators accountable. Senators Introduce Crypto ATM Fraud Prevention Act U.S. Senator Jack Reed (D-RI) announced on Feb. 26 that he has introduced the Crypto ATM Fraud Prevention Act (S.
Two crypto reserve bills have passed their third reading in Arizona's Senate and will head to the state's House of Representatives.
In a huge move for the crypto world, the SEC has officially dropped its cases against Coinbase, Robinhood and Uniswap among others. But that's not all. The SEC has now dropped its case against Consensys, the company behind the popular MetaMask wallet. This is a big win for Ethereum and the crypto community.
FBI investigation into Bybit hack reveals Lazarus Group's sophisticated cyber tactics, including TraderTraitor malware for unauthorized network access.