SecondLane has moved to acquire an equity stake in Pump.fun, a Solana-based meme coin ecosystem, at a fully diluted valuation of $1.5 billion. SecondLane listed the 1% equity stake for $15 million on a Telegram channel announcing its new offerings.

Non-compliance may lead to penalties, including imprisonment for up to two years and a fine of up to NT$5 million ($153,700).

The cryptocurrency market is currently witnessing significant shifts, with the Altcoin Season Index climbing to 59, reflecting growing momentum in altcoins. This is a notable increase from its previous low of 33, signaling that investor interest is transitioning toward altcoins, though Bitcoin (BTC) still maintains a dominant position.

In one of the most unconventional yet fascinating turns of events, a user managed to bag a $47,000 prize pool by convincing a Freysa AI bot. The winner cracked the way to outsmart the autonomous AI bot with clever reasoning and a $100 bet.

Coinbase's legal chief has declared a historic win as the Fifth Circuit Court ruled Treasury's Tornado Cash sanctions unlawful, a bullish moment for crypto privacy. A Historic Victory for Crypto Privacy and the Defense Of Liberty The Fifth Circuit Court has ruled that the U.S.

Binance Labs announced its latest investment in multi-asset liquidity firm Astherus.

A former senior executive at Binance has accused the company of retaliatory dismissal after she raised concerns about an alleged bribery scheme involving a colleague, Bloomberg News reported on Nov. 28.

21shares announced the launch of 4 new exchange-traded products (ETPs) focused on oracles, tokenization, decentralized computing, and artificial intelligence. New ETPs for Retail Investors 21shares, a provider of cryptocurrency exchange-traded products (ETPs) has expanded its portfolio with the launch of four innovative ETPs targeting high-growth sectors in blockchain and crypto technology.

Hong Kong is moving to solidify its status as a financial and crypto hub by proposing tax exemptions for hedge funds, private equity funds, and high-net-worth family offices, the Financial Times reported on Nov. 28.

Japanese Prime Minister Shigeru Ishiba has reorganized his party's web3 and crypto policy-making units. The post Japan's New Prime Minister Reorganizes Web3, Crypto Policy Units appeared first on Cryptonews.

Hong Kong's proposal also includes tax exemptions to pension and endowment funds, expanding the range of assets covered under existing law.

Will the $4 roadblock derail PYR's uptrend as leveraged short sellers target it?

Analysts are well-vetted sources providing predictive insights on the next altcoin, which could turn traders and investors into overnight millionaires. Rather than randomly investing in any altcoin, their top selections can yield extraordinary results for whales and new entrants willing to bet big on these projects.

Hong Kong is planning to waive tax on investment gains from cryptocurrencies and other alternative assets for hedge funds, private equity funds, and eligible family offices as part of its strategy to strengthen its position as a wealth management hub. In a consultation paper distributed this week and seen by Reuters, the Financial Services and the Treasury Bureau proposed extending capital gains tax exemptions to include overseas properties, carbon credits, private credit, virtual assets and other alternative investments.

Binance Labs has invested in Astherus, a multi-asset liquidity hub, to enhance DeFi accessibility and maximize real yield for users, aiming to address inefficiencies in the sector with innovative yield products. The post Binance Labs Invests in Astherus to Boost Real Yield for DeFi Users appeared first on Cryptonews.

Stablecoin market growth hits $190 billion, driven by potential Trump-led regulatory clarity, global adoption, and Tether dominance. The post Stablecoin market reaches $190 billion as regulatory clarity looms under Trump appeared first on Crypto Briefing.

The private market platform says $15 million in Pump.fun equity is for sale.

The new hardware could ultimately host a theoretical algorithm with the potential to transform proof-of-work.

A former senior employee at Binance has filed a whistleblower lawsuit in the UK, alleging that a colleague solicited a bribe from a customer in exchange for preferential treatment.

Altcoins are struggling to keep pace with Bitcoin's rally. But what is driving the lag?

In a thread on X, crypto researcher Alex Wacy (@wacy_time1) shared 15 eye-opening insights about the current bull cycle with his 183,000 followers. Wacy's analysis covers a range of topics from Bitcoin dynamics to emerging technologies like AI and DePIN (Decentralized Physical Infrastructure Networks).

The Trump administration is planning to expand the Commodity Futures Trading Commission's (CFTC) authority to oversee significant portions of the $3 trillion digital asset market, Fox Business reported on Nov. 28. The move would mark a pivotal shift in US crypto regulation, aiming to replace the current enforcement-heavy approach with a more innovation-friendly framework.

New users face barriers in onboarding, interfaces, and managing private keys, limiting adoption. GT Protocol offers a crypto investment platform that uses an AI chatbot for trading and portfolio management.

New Dehli, India, 28th November 2024, Chainwire

The AI agent boom in crypto could reshape financial ecosystems, but sustainability and model reliability pose significant long-term challenges. The post The AI agent meta in crypto is booming, but will it last?

Ex-Binance worker alleges whistleblower retaliation after reporting bribery, sparking fresh debate over the company's practices.

A former Binance executive has filed a whistleblower lawsuit against the cryptocurrency exchange in the UK, alleging wrongful dismissal after reporting a colleague's bribery attempt, shedding light on internal issues amid increasing regulatory scrutiny. The post Ex-Binance Exec Files Whistleblower Lawsuit Alleging Bribery and Unfair Dismissal appeared first on Cryptonews.

Trump's presidency offers a unique opportunity to transform US financial markets through tokenization, but success hinges on reimagining regulatory frameworks.

Embracing crypto payments can enhance business competitiveness by reducing transaction costs, increasing privacy, and accessing new markets. The post Benefits of accepting crypto payments on your website appeared first on Crypto Briefing.

The conversations around Operation Chokepoint 2.0 are growing on crypto X, with pro-crypto lawyer John Deaton recently sharing a strong opinion about it. Responding directly to a post from Jesse Powell, the founder, and CEO of Kraken Exchange, Deaton called for an investigation into the defined effort to debank the crypto ecosystem.

XT Exchange suspends all coin withdrawals amid reports of a $1.7 million hack.

As traditional financial markets continue to evolve, the world of cryptocurrencies is marked by a crucial question: where has the altseason gone? This phenomenon, characterized by a spectacular surge in altcoin prices, seems strangely absent despite a favorable market context for Bitcoin.

Russia's Federation Council has approved sweeping amendments to the nation's Tax Code, formalizing the taxation framework for digital currencies like Bitcoin (BTC). The legislation, adopted on Nov. 27, represents a critical step toward regulating the rapidly growing crypto sector while ensuring compliance with tax laws.

The Commodity Futures Trading Commission (CFTC) may reportedly oversee a substantial portion of the $3 trillion digital asset market once President-elect Donald Trump assumes office next year.

A recent study reveals how most influencer-driven meme coins lead to losses for investors.

XT.com, a Seychelles-based crypto exchange handling over $3.4 billion in daily trading volume, has experienced a suspected hack involving $1.7 million.

According to DefiLlama, the meme coin launchpad Pump.fun has made $78 million in revenue for November, marking a 35% share of its total earnings since launch. The post Meme Coin Launchpad Pump.fun Hits Record $78M Revenue in November appeared first on Cryptonews.

TL;DR Analysts from Standard Chartered and Zodia Markets project that stablecoins could reach up to 10% of M2 and FX transactions in the U.S. Although they currently represent only 1% of these transactions, proper regulation, especially under the Trump administration, could drive their adoption.

Amrita Srivastava, who worked at Binance from 2022 to 2023, alleged reporting a bribe at the crypto exchange resulted in her dismissal.

Scroll's native SCR token dropped roughly 32% on day one of trading after a controversial airdrop.

A Shenzhen court has ruled that cryptocurrency, including USDT, cannot serve as a legal form of wage payment under Chinese labor laws, citing crypto's lack of legal status. The post Chinese Court Rules Crypto Cannot Be Used for Wage Payments appeared first on Cryptonews.

Binance's venture capital and incubation arm has invested in Astherus, a decentralized finance platform aimed at maximizing real yield for digital assets. Binance Labs announced the investment in the multi-asset liquidity hub on Nov. 28.

TL;DR Binance launches the global PayDay event to encourage holiday shopping with cryptocurrencies, offering $200,000 in PEPE tokens. Two main promotions: a $10 PEPE reward for purchases of $20 and prizes of up to $350 for the top 100 shoppers who spend $200 or more.

XT, a crypto exchange, has lost $1.7 million to hackers who have quickly converted the stolen funds to Ethereum.

Former United States and Exchange Commissioner (SEC) Paul Atkins is in the lead to become the SEC Chair under President-elect Donald Trump on prediction market Kalshi, a new poll on the betting platform reveals. Current SEC Chair Gary Gensler will step down ahead of Trump's inauguration. The post Paul Atkins In The Lead For SEC Chair In Latest Kalshi Poll appeared first on Cryptonews.

Russia classifies digital currencies as property under new tax law. Mining operations are exempt from VAT, easing financial obligations.

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