OKX ceases naira p2p support as Nigeria's crypto crackdown intensifies.

Coinbase CEO Brian Armstrong has stated that Base now leads as the top Layer-2 solution by transaction volume.

The Argentine Chamber of Deputies passed a series of cryptocurrency tax opportunities for citizens holding undeclared assets in foreign countries as part of reintroducing the “Omnibus law.

Yuga Labs, creators of the Bored Ape Yacht Club NFTs, have announced a groundbreaking partnership with Somnia, an emerging powerhouse in blockchain technology designed specifically for the metaverse.

Galaxy reported an assortment of VC investment data, including nearly $2.5 billion invested in the first quarter, on May 3. Crypto firms attracted funding across 603 deals during the period, representing 29% growth in dollar value and 68% growth in deal count quarter-over-quarter.

After a slow start BTC and ETH ETFs in Hong Kong reached with weekly inflows of $300M. U.S. spot Bitcoin ETFs experienced withdrawals totaling an astounding $860 million.

Spot exchange-traded funds (ETFs) connected to virtual assets saw a spike in trading volumes in Hong Kong. The granting of the license from the Hong Kong SFC has brought about some hope.

On Nov. 19, 2024, the financial and digital asset communities will converge at Convene in New York City for Benzinga's Future of Digital Assets event. The conference aims to offer a comprehensive overview of the digital assets field, providing attendees with a platform for networking and knowledge sharing.

April's VC investments in crypto startups totaled $935 million, with a focus on blockchain infrastructure and DeFi sectors. The post Crypto startups received $935 million from VC funds in April appeared first on Crypto Briefing.

The discontinuation will take effect in the coming month, marking the complete end of the firm's crypto mixing service.

MoonPay co-founder and CEO Ivan Soto-Wright joins CDTV's "First Mover" to discuss MoonPay's recent partnership with PayPal.

Crypto scammers successfully stole a whopping 1,155 wrapped Bitcoin using a technique that tricks users into malicious transactions.

Memecoins have seen a slight recovery in the last 48 hours following the cooling after the US Fed meeting that left interest rates unchanged. As crypto assets pick up gains, analysts opine that increased market sentiments are also seen in stocks as the correlation continues.

Though crypto has been used for positive purposes across the globe, its negative use is nothing new. It has been used for different criminal activities, including scams.

TL;DR Notable increase in VC investments for cryptocurrency startups in the first quarter of 2024. Predominance of startups in early stages, with 80% of investments directed towards them. Influence of Bitcoin, innovations and macroeconomic factors on investment activity.

The recent actions of the US Department of Justice (DOJ) have ignited a fierce debate on the future of financial privacy. The crackdown on Wasabi Wallet's service has raised significant concerns among privacy advocates and crypto users alike, spotlighting the tension between regulatory actions and the right to private digital transactions.

Iran and Arkansas - Crypto mining is quickly becoming a hot topic across all levels of government

Bitcoin billionaire and former BitMEX CEO Arthur Hayes shared a mix of cautious optimism and strategic moves for Bitcoin following a weekly decline.

Russian cryptocurrency exchange Beribit faces fraud allegations after refusing to refund customers' money.

Eleven people were robbed in Singapore of multiple items including cryptocurrencies and fiat. A new report from local sources shows that the suspect broke into a house in Bukit Timah and carted away with NT$4.34 million worth of assets.

The U.S. Department of Justice (DOJ) has just announced the indictment of a New York man who allegedly ran a multi-year Ponzi scheme that swindled millions from investors in the US and abroad.

Coinbase announced the first quarter of 2024 report. the report passed Wall Street forecasts and put new records on the scoreboard just when many investors in the cryptocurrency market were worried that the cryptocurrencies were volatile.

Kiyosaki explored the special chances that come during market slumps. The author advocated investing into assets that have a history of surviving economic downturns.

Memecoins shows little resilience amid the market downturn. Bitcoin slips below $60K, hits two-month low.

During the latest G20 summit, India played a major role in pushing for global rules governing organisations over crypto assets. It noted that virtual currencies were transnational and therefore needed international cooperation to be well regulated and their wider macro-financial effects managed.

Cryptocurrency poker players in Singapore were robbed of 3.58 million SGD.

Coinbase enjoyed stellar Q1 results as Bitcoin shone, but worries remain over the company's sustainability when markets eventually cool.

Investments in the first quarter were influenced by innovation in areas like restaking, modularity, Bitcoin layer-2 solutions, and macroeconomic factors.

Blockchain security firm Cyvers Alert reported that an unnamed crypto trader lost 1,155 Wrapped Bitcoin (WBTC), equivalent to $70.5 million worth, to address poisoning. The firm said: “Are we mistaken, or has someone truly lost $68 million worth of WBTC?

Coinbase, the largest U.S.-based cryptocurrency exchange, is ultimately a crypto story. And like all crypto stories, it has its downs — and its wild ups.

Digital asset exchange Coinbase released its Q1 2024 earnings report posting better-than-expected profits on the back of improved activity. A key feature of the release was that revenues doubled to $1.58 billion year-over-over showing a strong performance in the last three months.

According to a crypto lawyer, FTX founder Sam Bankman-Fried will spend his full sentence in prison.

Crypto suffers from Bitcoin's fluctuating prices, the crypto market's challenges with ETFs, and the EIGEN token airdrop backlash. The post Crypto landscape signals turbulence and dissatisfaction: IntoTheBlock appeared first on Crypto Briefing.

In a revolutionary move, Commodity Futures Trading Commission (CFTC) Commissioner Caroline D. Johnson has put forward a series of recommendations aimed at the intersection of artificial intelligence (AI) and decentralized finance (DeFi). This proposal marks a crucial moment for regulatory approaches to emerging technologies in the financial sector.

The introduction of the Friend token by FriendTech, a Web3 social media platform, has been met with market turbulence as the price significantly dropped after its airdrop event. Having originally been launched at a value of more than $10, the token's value went down to $1 before slightly correcting to $1.4.

Analysts said it would be a strong quarter for Coinbase. Boy, were they right.

Friend.tech, the decentralized social media application on the Base network, recently launched its native token through an airdrop. Since trading commenced, the token has plummeted, dropping anywhere from 50% to 90% of its initial value across various decentralized exchange (dex) platforms, as reported by several different price aggregation websites.

The FIOD arrests a man linked to the ZKasino scam, seizing over 11 million euros in assets and securing victim funds with Binance's help. The post ZKasino founder arrested in Netherlands and over $11 million seized appeared first on Crypto Briefing.

As the Hong Kong ETFs is currently making news of their underperformance, CF Benchmarks, a branch of the cryptocurrency exchange Kraken and a benchmark for crypto exchanges is making huge gains from rise in spot Bitcoin exchange-traded funds (ETFs).

The CFTC's Kristin Johnson proposed recommendations such as heightened penalties to address AI in financial markets, including in DeFi.

A cryptocurrency user has lost $68 million worth of wrapped bitcoin (WBTC) after falling victim to an "address poisoning" exploit, according to blockchain security firm CertiK.

Kraken's indices provider wins big from the spot Bitcoin ETF boom in the U.S.

The Blockchain Industry Coordinating Committee of Nigeria (BICCoN) plans to host a roundtable discussion as the crypto landscape in Nigeria is going through an extremely turbulent time.

Netherlands officials announced the arrest of a suspect in fraud, embezzlement, and money laundering of the gaming platform ZKasino.

In a detailed analysis shared with his 788,000 followers on X (formerly Twitter), renowned analyst Pentoshi has forecasted a more restrained outlook for the current crypto bull run, suggesting that it may not mirror the explosive growth seen in previous cycles. His insights provide a deep dive into the underlying factors that could temper the market's performance.

In an unprecedented turn of events, while the global digital asset ETF market bled over the past week, Hong Kong stole the spotlight, noting remarkable inflows. Outpacing the U.S. Spot Bitcoin ETF market, the largest market with 63,487 AUM (Assets under management) in weekly flows, the Asian crypto ETF market appears to be gradually carving

Ryan Salame, the former co-CEO of FTX Digital Markets, has reached a plea agreement in a criminal case. As part of the agreement, Salame has agreed to transfer his $5.9 million Bahamas house to FTX Digital Markets Ltd.

In a significant development within the bankruptcy proceedings involving the defunct exchange FTX and its debtors, Ryan Salame, former co-chief executive of the company, has agreed to forfeit his $5.9 million Bahamas property as part of a plea deal in a criminal case.