Venture capital firms Sequoia Capital and Paradigm led the $150 million Seriec C funding round.

BitMEX, the cryptocurrency trading platform, has incurred a substantial $100 million penalty for contravening US anti-money laundering (AML) requirements. This penalty arises from the company's noncompliance with the US Bank Secrecy Act (BSA), which permitted unlawful transactions on its platform for multiple years.

The total trade activity on centralized exchanges reached an all-time high of $11.3 trillion, up 7.58%, according to the report by CCData. Record Numbers for Spot and Derivatives Trading The overall spot and derivative trading volume for centralized crypto exchanges (cexes) hit a record high of $11.3 trillion in Dec. 2024.

The plaintiff is seeking a declaratory judgment protecting his forthcoming crypto crowdfunding project from being prosecuted for unlicensed money transmitting.

A South Korean individual has been suspected of manipulating virtual asset prices through rapid buy orders, creating false market activity, and profiting.

Senator Cynthia Lummis, set to lead the Senate Banking Committee's digital assets panel, went after the sale of U.S. bitcoin holdings and FDIC debanking.

The Federal Deposit Insurance Corporation (FDIC) is under fire after Senator Cynthia Lummis accused the agency of trying to bury evidence of its involvement in what the crypto community has dubbed “Operation Chokepoint 2.0.

The yield-bearing solution was spun up through a partnership with crypto-native fund Maven 11's credit unit and a prominent prime broker.

“With the backing of incredible investors like Framework and Volt Capital, this funding propels us closer to redefining the gaming landscape,” said Lucas Fulks, CEO and Co-Founder of Hyve Labs.

Senator Cynthia Lummis has issued a warning to the Federal Deposit Insurance Corporation (FDIC) regarding allegations of document destruction related to “Operation Choke Point 2.0” (OCP 2.0). Whistleblowers have accused the agency of withholding and destroying materials tied to the alleged anti-crypto campaign.

According to S&P Global, tokenization can eliminate many investment barriers in the private credit market.

Trump's Treasury nominee, Scott Bessent, opposes a US CBDC, arguing it's unnecessary given existing secure US assets. The post Trump Treasury nominee Scott Bessent rejects need for US CBDC appeared first on Crypto Briefing.

Meme-Coins sind Kryptowährungen, die einen Bezug zu bekannten Memes haben und in der Regel keinen wirklichen Use Case mit sich bringen. Durch starke Communitys haben einige von ihnen hohe Marktkapitalisierungen erreicht.

Aurora Labs introduces a groundbreaking self-serve platform, Aurora Cloud Console, eliminating technical barriers and upfront costs in blockchain deployment through EVM protocols.

Members of the crypto law bar lay out practical ways the new Trump administration can create the best environment for crypto development.

Institutional involvement in the crypto market is rising as more people worldwide adopt digital assets as a financial instrument. Last year, this growth was represented by the United States' approval of two crypto exchange-traded funds (ETFs) and Europe's adoption of the MiCA framework.

As tax season approaches, millions of Americans are gearing up to prepare their 2024 tax returns. However, for those involved in cryptocurrency transactions, a significant shift is on the horizon.

Sen. Lummis is threatening criminal repercussions over allegations that the FDIC is destroying digital asset related materials.

The president-elect cannot officially nominate anyone until after he is inaugurated on Jan. 20, but the US Senate has been holding hearings to question his potential picks.

Scott Bessent, who is immersed in the Senate confirmation process as President-elect Donald Trump's Treasury secretary nominee, only addressed crypto briefly.

The crypto market has gone absolutely wild, and it's all because of one man: Donald Trump. As his inauguration draws near, investors are betting big on small-cap cryptocurrencies, driving up prices.

In today's rapidly evolving cryptocurrency market, the need for fast, secure, and anonymous crypto exchanges is more prominent than ever.

An employee of a diamond mining company in Russia was reportedly sentenced to seven years in prison for providing financial assistance to the military forces of Ukraine.

In response to evolving EU regulations, Binance Poland has announced updated procedures for cryptocurrency transactions. Users must provide detailed sender and beneficiary information for deposits and withdrawals. The new measures aim to enhance compliance and transparency in crypto operations. The post Binance Poland to Adjust Deposit and Withdrawal Procedures for EU Compliance appeared first on Cryptonews.

An Ethereum (ETH)-competitor is printing gains after receiving support from the world's largest crypto exchange by volume. In a new announcement, Binance says it will be adding support for Sonic (S), formerly known as Fantom (FTM), to many of its programs.

BitMEX is said to have knowingly bypassed U.S. AML rules, allowing traders access with minimal KYC, leading to fines and legal consequences.

The Senate Finance Committee holds a confirmation hearing for Scott Bessent, President-elect Donald Trump's pick for the U.S. Treasury Secretary.

OKX Ventures released its cumulative report for 2024, covering the firm's investments in the past year and top areas of interest for 2025, such as AI agents and DeFi expansion.

President-elect Donald Trump's pick for Treasury secretary says he sees "no reason" for the U.S. to have a central bank digital currency.

TRM Labs found illicit volume is down 24% since 2023 to $45 billion, representing just 0.4% of overall crypto transactions.

According to a Thursday report by the Wall Street Journal, 1Money, a new company launched by former Binance.US CEO Brian Shroder, has secured a total of $20 million in funding.

The AI agent trend is growing in crypto, anticipated to bring a new facet to the crypto industry. AI agent token space is growing with over $14 billion market cap within a few months.

Santori made the announcement on Wednesday and said he would remain at the company in a senior advisory role, amid rumors that he will soon seek a position in the Trump administration.

Founder Gianlua Minoprio is hoping to dramatically increase wallet adoption by eliminating the use of seed phrases, among other innovations.

Blockchain security firm Scam Sniffer warned that crypto investors are facing a surge in malware scams on social media platform Telegram compared to the traditional phishing methods. While phishing still causes substantial losses—estimated at nearly half a billion dollars in 2024—its growth has plateaued.

The stablecoin market, which is dominated by Tether and Circle, is worth more than $214 billion.

Dubai's new Crypto Tower is going to be a game-changer for blockchain innovation.

Law firm initiates legal action against pump.fun, addressing investor losses, lack of accountability, and growing concerns over platform practices.

Dubai is once again establishing itself as a global innovation hub. The city has announced plans for the world's first 17-story Crypto Tower, a massive project as a vehicle to support blockchain, Web3, and DeFi companies.

Pro-digital currency attorney MetaLawMan has called out the unfair surveillance of Americans with a crypto tax obligation moving forward. Considering the American tax filing system changes, MetaLawMan said he had to flag some clauses for 50 million crypto holders.

Cntrl Wallet's CEO and founder Emile Dubie said the firm has decided to explore acquisition opportunities to help it scale.

The exchange has until January 20 to submit its response against the claims.

The South Korean Financial Intelligence Unit (FIU) has ordered Upbit to temporarily halt services for new users after finding numerous violations of the Specific Financial Transaction Information Act.

South Korean authorities ordered Upbit to suspend business operations for violating KYC and AML regulations. FIU in South Korea found over 700,000 incidents where the exchange did not comply with KYC laws.

Grayscale Helium Trust was registered in Delaware on January 14, 2025, with CSC Delaware Trust Company as the registered agent.

2025 will mark the first tax year that crypto transactions will be subject to third-party reporting requirements. IRS will implement a third-party reporting system for crypto asset transactions on CEXs such as Coinbase and Gemini.

Coinbase reintroduces Bitcoin-backed loans via Morpho integration, allowing USDC borrowing without selling Bitcoin. The post Coinbase brings back Bitcoin-backed loans with Morpho's DeFi integration appeared first on Crypto Briefing.