Mastercard reported that 30% of its transactions in 2024 were tokenized, according to a filing with the US Securities and Exchange Commission (SEC).
The new platform OS2 will combine NFT and token trading and support multiple blockchains.
Anthony Scaramucci, founder of SkyBridge Capital and former White House Communications Director, has remained one of Bitcoin's (BTC) most vocal advocates, standing firm in his bullish stance on the leading cryptocurrency.
MasterCard has tokenized 30% of transactions in 2024 and recognized stablecoins and other cryptocurrencies as emerging competitors in the payments industry.
Available on X and Farcaster, Bankr Bot brings speed and simplicity to decentralized finance (DeFi). Forget about hopping between apps or dealing with clunky interfaces.
The large sum is part of an even larger $4.3 billion penalty imposed on Binance for major infractions.
The SEC and CFTC are reportedly discussing a joint approach to crypto regulation, potentially reviving their dormant Joint Advisory Committee, which was established in 2010. The post US Regulators Explore New Ways to Jointly Work on Crypto Regulations: Report appeared first on Cryptonews.
Crypto led Robinhood's record revenue figures with 487% quarter-over-quarter growth — 733% year-over-year, the analysts noted.
Fraudsters are exploiting AI tools for authorized push payment (APP) fraud, tricking victims into authorizing payments under false pretenses.
After the news of the Securities and Exchange Commission (SEC) and Binance's request to halt their legal battle, some believe other crypto litigations will be next. However, Coinbase's “unique” situation could shed some light on the regulatory agency's new crypto approach.
In 2024, cryptocurrency scams defrauded victims of at least $9.9 billion, with experts predicting the total could exceed $12 billion as more fraudulent activities are uncovered. The post Crypto Scammers Use AI and Professional Networks to Rake in Billions – Chainalysis Report appeared first on Cryptonews.
Crypto analysis is not for the weak of heart. It's a twitching, volatile, wildly unpredictable beast with ups and downs and online commentary that swings between euphoria and existential dread.
Coinbase, the largest US-based crypto exchange, is actively working on returning to the Indian market after halting operations in 2022 due to regulatory hurdles.
The US Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) are reportedly exploring a joint approach to regulating digital assets, Fox Business Journalist Eleanor Terret reported on Feb. 13. This initiative includes reviving the long-dormant CFTC-SEC Joint Advisory Committee (JAC), which once served as a bridge between the two agencies.
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The new Liquid Yield Tokens (LYT) offer a floating value based on DeFi funds, starting with Edge Capital, RE7, and MEV Capital.
South Korea's leading financial regulator will permit charities, universities, and cryptocurrency exchanges to sell specific digital assets in the first half of the year.
A new era of cryptocurrency regulations is about to be unveiled as a commissioner of the US Securities and Exchange Commission (SEC) confirmed that the agency would move in the opposite direction of its strict oversight policies.
Coinbase is reportedly in discussions with India's Financial Intelligence Unit (FIU) as it seeks to re-enter the Indian market.
Generative AI is making scams more scalable and affordable for bad actors to conduct, making them more sophisticated as they leverage the new technology.
Deutsche Bank-backed Taurus has launched a Solana-based custody and tokenization platform, allowing banks to issue and manage digital assets.
In the second half of the year the FSC will allow select corporations to open real name accounts for crypto trading.
Robinhood (HOOD) stock price witnessed a remarkable 15% upshot on Thursday, primarily reflecting soaring market optimism in light of Robinhood Markets' bullish Q4 2024 earnings. Intriguingly, the trading platform boasted outstanding results in sectors such as revenues, net deposits, subscribers, and net income, among other stats that appear to have uplifted market sentiment for its
Real Vision's chief digital assets analyst Jamie Coutts says that a bottom may be forming in the crypto market after declining for weeks.
TL;DR 700% Surge in Crypto Revenue: Robinhood's crypto-related revenue skyrocketed to $358 million in Q4 2024, a 700% year-over-year increase, driving its first-ever quarterly revenue surpassing $1 billion. Record Financial Performance: Total revenue reached $1.01 billion in Q4, with net income soaring to $916 million and assets under custody jumping 88% to $193 billion.
Federal Reserve Governor Christopher Waller has emphasized that stablecoins have the potential to “maintain and extend” the US dollar's international role.
MatterFi has partnered with layer1 blockchain Trrue to integrate its wallet and custody infrastructure into Trrue's ecosystem. According to the press release received by crypto.news, AI fintech solutions firm MatterFi has established a strategic partnership with layer1 blockchain Trrue.
Meme coins were the fastest-growing sector in 2024, with an over $100B or 1,500% cumulative market cap increase. In contrast, Bitcoin's market cap didn't even grow 200%.
Crypto's ups and downs may never vanish, but with the right data and the right strategy, they don't have to stand in the way of achieving consistent growth
Robinhoood shares jumped 13% in early trading Thursday after fourth-quarter earnings beat estimates.
Coinbase is working on a comeback in India, engaging regulators after a turbulent exit and shifting crypto policies.
James Sanders Jr., the New York State Senator, introduced a bill on Wednesday seeking to establish a crypto task force. The state is re-evaluating its regulatory stance amid federal policy shifts affecting the crypto industry.
The Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) are discussing collaborating on regulating the crypto sector.
The crypto market is witnessing intense turbulence as Bitcoin and altcoins plunge under relentless selling pressure. With nearly $1 billion in liquidations within 24 hours, fear has taken over as investors rush to cut losses. The sharp decline follows external economic factors, including inflation concerns and growing regulatory uncertainty.
Mastercard has reported that 30% of its transactions in 2024 were tokenized, marking a significant step toward integrating digital assets into mainstream finance. The post Mastercard Tokenizes 30% of Transactions in 2024, Acknowledges Crypto's Disruptive Potential appeared first on Cryptonews.
Roughly a year after establishing a cryptocurrency regulation framework, South Korea, a prominent economic power in the Asian region, has revealed its plan to expand its crypto trading landscape. Today, the Financial Services Commission, the top financial regulator of the country, has officially declared its decision to permit institutional investors to trade crypto in stages.
Like USDe and BUIDL, Midas LYTs will tokenize DeFi trading or investment strategy, capturing the yield for holders.
In 2024, Mastercard tokenized 30% of its transactions, marking a significant adoption of digital payment security.
Coinbase reportedly plans to return to the Indian market this year. The company is said to have already contacted India's regulators, such as the Financial Intelligence Unit.
Former Binance CEO Changpeng ‘CZ' Zhao is mulling over the crypto community's offer to turn his dog into a meme coin. On Feb.
In a recent House Financial Services Committee hearing, lawmakers revealed differing approaches to stablecoin and cryptocurrency regulation, reflecting long-standing partisan tensions. The hearing, which took place on Tuesday, highlighted various legislative proposals and viewpoints on digital asset oversight.
The co-founders of HashFlare, Sergei Potapenko and Ivan Turogin, have pleaded guilty to conspiracy to commit wire fraud in a US court.
Coinbase plans to relaunch its centralized exchange in India after leaving the country more than a year ago.
The exchange would be following in the steps of Binance and Bybit if it manages to secure a license.
India's lack of a formal crypto regulatory framework keeps exchanges in a gray area, with financial institutions hesitant to engage due to fear of RBI backlash.
The meme coin craze shows no signs of slowing down, with tokens like Dogecoin (DOGE), Pepe (PEPE), Shiba Inu (SHIB), and dogwifhat (WIF) dominating conversations in the crypto space. Meanwhile, Brett (BRETT), Bonk (BONK), Official Trump (TRUMP), Pudgy Penguins (PENGU), and Notcoin (NOT) continue to capture investor attention with their viral appeal and growing ecosystems.
Changpeng Zhao (CZ), co-founder and former CEO of Binance, has sparked speculation about launching a meme coin inspired by his pet dog.