A New York federal court has paused the SEC's case against Coinbase, granting a rare appeal that could reshape how securities laws apply to crypto. Coinbase Secures Key Legal Victory in SEC Case A federal court in New York has certified an order for interlocutory appeal in the U.S.
Gary Gensler will step down as chair of the U.S. Securities and Exchange Commission (SEC) Jan. 20 with the inauguration of President-elect Donald Trump. But that didn't stop Gensler from expressing concerns that more needs to be done to regulate the cryptocurrency market, particularly altcoins and intermediaries.
FTX says that Backpack has not been authorized to return funds to creditors despite the Solana exchange saying it would take over creditor repayments from FTX.
OKX, a crypto exchange platform, has alerted users of a malicious OKX browser extension that has appeared on the Firefox browser plugin store.
a16z opens applications for its fourth Crypto Startup Accelerator cohort, offering comprehensive support and funding opportunities for emerging crypto projects in a three-month program.
The cryptocurrency industry has seen many milestones since bitcoin's launch in 2009, but 2025 could be a watershed year. The sector stands at a crossroads.
A 24-year-old Dutch law student from Hengelo, Netherlands, has been arrested following allegations of running crypto scams that defrauded approximately 300 people out of €4.5 million ($4.6 million).
Bitfinex Derivatives has taken a big step forward by getting a Digital Asset Service Provider (DASP) license in El Salvador. With this move, the platform can now offer more derivatives trading services in Latin America.
Binance's cumulative trading volume hit a staggering $100 trillion, reflecting its dominance and trustworthiness in the market.
Movement Labs approaches completion of a major Series B funding round targeting $100M, following their successful $38M Series A, despite current bearish crypto market conditions.
FTX issued a formal statement clarifying details surrounding Backpack entities' claim of acquiring FTX EU Ltd. The clarification, released on January 8, 2025, addresses inaccuracies in Backpack's January 7 press release, which suggested its involvement in asset recovery for former FTX EU customers.
With Bitcoin—a 21st-century newcomer—at an all-time high and blockchain technology at a pivotal juncture, it's an ideal moment to reflect on the roots of innovation. One story from British history comes to mind, illustrating ingenuity, adaptability, and the power of looking beyond traditional approaches.
One of Portugal's largest banks, Banco de Investimentos Globais (BiG), has blocked fiat transfers directed at cryptocurrency platforms, drawing attention to the country's changing stance on crypto-related activities.
The Netherlands has become the first European Union (EU) member state to issue licenses under the EUs Markets in Crypto-Assets (MiCA) regulation, granting MoonPay, BitStaete, ZBD, and Hidden Road the right to operate across all 27 member countries. The licenses were issued by the Dutch Authority for the Financial Markets (AFM), marking a significant milestone in the adoption of the EUs new regulatory framework for digital assets.
South Korean regulators say they will “review a plan” to “gradually allow corporations” to buy, sell, and hold cryptoassets like Bitcoin (BTC). The post South Korean Regulators ‘Will Review' Plan to Let Companies Buy Crypto ‘This Year' appeared first on Cryptonews.
Bullish Group's German subsidiary, Bullish DE Custody GmbH, has secured key licenses from BaFin for crypto asset custody and trading, enabling expansion in the EU under the new Markets in Crypto-Assets Regulation (MiCA). The post Bullish Secures BaFin Licenses, Aiming for EU Expansion Under MiCA appeared first on Cryptonews.
Gary Gensler, the outgoing chair of the SEC, emphasized the need for further regulatory oversight of altcoins and intermediaries within the digital assets market.
Over the past 24 hours, the cryptocurrency leverage market witnessed liquidations worth approximately $849.1 million, impacting 215,455 traders, according to data from CoinGlass as of 8:17 a.m. on January 9.
AI agents, AI memes and the Pump.fun ecosystem are the top gainers for the past 30 days. Most other narratives lagged and underperformed, as focus shifted on finding the next top AI token.
According to cybersecurity firm CertiK, the number of crypto hacks and exploits rose to 303 incidents in 2024, up from 282 in 2023.
A 24-year-old man from the Netherlands has reportedly been arrested after allegedly scamming 300 people out of millions of dollars.
The cryptocurrency market has taken a significant hit today, experiencing a sharp correction across the board. Over the last 24 hours, the global crypto market cap has fallen by 7.7%, bringing it down to $3.51 trillion.
The LA wildfire has displaced thousands and claimed lives. Nonprofits like The Giving Block and Givepact are rallying support through cryptocurrency donations to aid relief efforts. The post Organizations Accept Crypto Donations to Help Los Angeles Wildfire Relief Efforts appeared first on Cryptonews.
Outgoing U.S. CFTC Chair Behnam made his final push for the need to regulate the cryptocurrency industry, but warned it would take time.
President-elect Donald Trump's transition team is eyeing crypto-friendly names to be the next chair of the Commodity Futures Trading Commission (CFTC), according to Fox Business reporter Eleanor Terrett.
Musk gave Pierre Poilievre a nod, calling his fiscal stance “perfectly articulated” as Canada's federal election nears.
Stablecoins are stepping out of their ‘safe haven' shadow, carving a unique identity in the evolving financial landscape.
The Nation, an English-language news outlet based in Thailand, reported on Jan. 8 that Thailand's Deputy Prime Minister and Finance Minister Pichai Chunhavajira unveiled a pilot project to test cryptocurrency as an alternative to cash in Phuket.
Thailand launches a crypto payment trial in Phuket, enabling tourists to use Bitcoin legally while protecting vendors from volatility. The post Thailand launches crypto payment trial in Phuket appeared first on Crypto Briefing.
The world's largest cryptocurrency exchange displayed its dominance across several key metrics including cumulative historical trading volume and number of registered users.
Gary Gensler, the outgoing Chair of the U.S. Securities and Exchange Commission (SEC), reaffirmed his stance on the need for stricter regulation of the cryptocurrency industry. Speaking during an interview with Bloomberg TV on Wednesday, Gensler described the crypto market as “rife with bad actors” and called for enhanced oversight to protect investors.
Gensler's departure may lead to a shift in SEC's crypto regulation approach, potentially impacting market stability and investor protection. The post Gensler exits SEC saying crypto regulation remains a work in progress appeared first on Crypto Briefing.
As cryptocurrency adoption accelerates, SoSoValue's integration of technological innovation and investment accessibility positions it at the vanguard of industry evolution.
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.
Immunefi founder and CEO Mitchell Amador joins CoinDesk to discuss crypto hacks in 2024 and explains why the total loss of $1.49 billion is a positive signal. Plus, insights into protecting your crypto bag in three steps and his outlook on security developments in 2025.
Data tracked by Immunefi shows that the Web3 ecosystem lost $1.49 billion to hacks in 2024, a 17% decrease compared to total losses in the year before. CoinDesk's Jennifer Sanasie presents the "Chart of the Day.
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.