The stablecoin market has crossed a significant threshold, with its total market capitalization reaching $200 billion for the first time. This growth marks a sharp rise signaling the increasing adoption of these digital assets across various sectors.
Venture capital (VC) funds invested nearly $800 million in crypto startups in November, according to DefiLlama data. Despite recording the fourth-best month for funding this year, the amount was down 8% compared to the money raised in October.
The South Korean High Court has upheld the jail term of the son of the CEO of software giant Hancom after the latter was found guilty of creating a $6.7 million altcoin “slush fund.” The post South Korean Court Upholds Hancom ‘Altcoin Slush Fund' Scion's 3-Year Jail Term appeared first on Cryptonews.
The U.S. Supreme Court has allowed a class-action lawsuit against Nvidia to proceed, accusing the company of misleading investors about its reliance on cryptocurrency mining, following a significant drop in its stock value. The post Supreme Court Allows Class-Action Lawsuit Against Nvidia Over Crypto Mining Claims appeared first on Cryptonews.
The U.S. Securities and Exchange Commission (SEC) is asking the public's opinion on crypto firm Bitwise's new exchange-traded product (ETP). In a new filing, the regulatory agency says it's seeking comments from the public on Bitwise's new exchange-traded fund (ETF), which would hold a combination of Bitcoin (BTC) and Ethereum (ETH), to advance its application.
The crypto market is running red hot as 2025 approaches. Bitcoin's price last Thursday (Dec. 5) exceeded $100,000 for the first time.
Perena, led by former Solana Foundation stablecoin lead Anna Yuan, has raised $3 million in a pre-seed round to build foundational infrastructure for mainstream stablecoin adoption, with backing from major institutional investors including Binance Labs.
Lana Negrete, popularly known for her pro stance on crypto, has been officially appointed as the mayor of Santa Monica, California. The Bitcoin enthusiast will now be part of the Trump administration that endorsed the crypto industry during the presidential election campaigns earlier this year.
Scam Sniffer has observed that attackers are impersonating multiple crypto influencers and using malicious bots for verification.
What surprises does 2025 hold for investors?
In likely his last committee hearing before leaving office in January, the Ohio senator suggested a looser approach to digital assets could only benefit the “corporate elite.”
Japan's first crypto credit card will appear in 2025 from a Japanese issuer and the company that owns Chiitan Star, the first Mascot Meme coin.
The US Supreme Court has rejected an appeal by Nvidia Corp., allowing a shareholder lawsuit regarding the firm's crypto revenue to proceed.
The U.S. Supreme Court removed itself from the Nvidia securities fraud controversy Wednesday, upholding a lower courts decision to keep a 2018 lawsuit alive. Investors say Nvidia concealed the depth of its reliance on crypto sales, clearing the path for discovery and potential litigation.
U.S. bankers struck a cautious tone on cryptocurrencies at the Reuters NEXT conference in New York this week, despite expectations that friendlier rules under President-elect Donald Trump will pave the way for lenders to expand into digital assets.
As cryptocurrency markets evolve, savvy investors always look for altcoins with strong fundamentals and long-term growth potential. This guide highlights three exceptional altcoins—Qubetics, Ethereum, and VeChain—each poised to deliver substantial returns thanks to their innovative technologies and real-world applications. 1.
Phantom, the most widely used Solana wallet, will integrate new meme token launches from Pump.fun and Moonshot.
The CFTC alleged in a lawsuit that a former pastor fleeced investors out of $5.9 million while targeting Spanish-speaking congregants.
A bankruptcy court filing showed FTX's debtors reached settlements with political action committees and state-level Democratic parties over political contributions.
The AED Fiat Wallet will enable Crypto.com users with a UAE phone number to easily trade crypto assets free from any fee.
Eric Trump thinks the US will become the “crypto capital of the world” under his father's leadership. The younger Trump, who serves as executive vice president of the Trump Organization, attended a Bitcoin (BTC) conference in Abu Dhabi this week.
New measures include fast-tracking licenses, regulating stablecoins, and proposing custody service oversight to solidify its status as a global crypto hub.
Johnny Ng, an elected member of the Hong Kong Legislative Council, recently suggested that the state Exchange Fund could invest in crypto. Joseph Chan, Acting Secretary for Financial Services and the Treasury, did not directly approve the idea but seemed surprisingly open to it.
Extended, formerly X10, is ramping up its hybrid derivatives exchange to provide open access to all users today. An invite-only launch saw $300 million in trading volume, according to the team.
Asset manager Bitwise sees the stablecoin market growing to $400 billion next year, with U.S. legislation, fintech adoption and global payments driving the growth.
Cosmo Jiang, portfolio manager at Pantera Capital, says that crypto investing will get more fundamentals-oriented as the industry matures.
Cryptocurrency trading demonstrates distinct regional and seasonal patterns influenced by regulatory environments, user preferences, and market dynamics, according to an analysis by Coin Metrics and its analyst Victor Ramirez.
The cryptocurrency sector is pushing for a reset with the banking industry following years of strained relations and regulatory crackdowns. What Happened: The collapse of key industry players like FTX in 2022 and subsequent bank account closures left many crypto companies and founders struggling to secure financial partnerships.
Enclave Markets CEO David Wells sheds light on Enclave's model, the maturing crypto market and the potential for more sophisticated trading.
Building an application or a rollup today isn't difficult. Whether it's the OP Stack or Arbitrum Orbit, there are a variety of blockchain technology frameworks to choose from.
The Commodity Futures Trading Commission has filed a civil enforcement action against Washington State pastor Francier Obando Pinillo for allegedly operating a fraudulent multilevel marketing scheme involving digital assets.
The Supreme Court has decided to let a class-action lawsuit against Nvidia proceed, accusing the tech giant of misleading investors about its reliance on cryptocurrency mining. This ruling dismisses Nvidia's appeal and allows the case to move forward in lower courts.
Altcoin prices crawled back after falling sharply in the first two days of the week. This rebound happened as Bitcoin stabilized at $100,000, raising hopes that it will resume the uptrend.
The U.S. Supreme Court dismissed Nvidia's appeal, accusing the company of misleading investors about its reliance on crypto-mining revenue before the 2018 market crash.
Plume Network, a fully integrated layer-1 modular blockchain for real-world asset finance, is partnering with Chateau Capital to tokenize illiquid assets and unlock more than $500 million in private market investments.
Republican lawmakers are also expected to choose leadership roles for Senate and House committees soon.
Beam Ventures will launch in 2025, providing funding and acceleration for blockchain gaming startups in the United Arab Emirates.
The crypto market recently experienced its first altcoin season in more than 10 months. This brief rally saw many altcoins outperforming Bitcoin.
The launch of the Magic Eden (ME) token brought attention in the crypto community, as the token was listed on leading exchanges such as Binance and Coinbase. These listings caused an initial surge in price, with the token climbing to $25 shortly after its debut.
Paxos partners with Standard Chartered to advance stablecoin reserve management, strengthening digital asset infrastructure and regulatory compliance across global markets.
This year, a handful of crypto executives revolutionized how corporations spend on elections. The effects of their triumph could extend well beyond crypto.
Coincheck listed under the ticker “CNCK” after merging with SPAC Thunder Bridge IV. The listing supports Coincheck's plans for acquisitions and Web3 business growth.
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The overall crypto market staged an intensive bull run this year, making it a crucial part of crypto history. Several key milestones were hit by different sectors in the past 12 months.
Coincheck Group, the parent company of the Coincheck crypto exchange, begins trading on the Nasdaq stock exchange on Dec. 11. This milestone follows the completion of a merger with Thunder Bridge Capital, finalized earlier this month.
Kyrgyzstan's Parliament has approved a draft law establishing the framework for its CBDC, the digital som, which will serve as legal tender and is set for prototype testing in early 2025. The post Kyrgyzstan Passes Law Defining Digital Som CBDC Framework appeared first on Cryptonews.
Crypto.com announces a banking partnership with Deutsche Bank to enhance corporate banking operations in Asia-Pacific. Deutsche Bank Joins Crypto.com as Banking Partner Across Asia-Pacific According to an announcement shared with Bitcoin.com News, Crypto.com has formed a partnership with Deutsche Bank to access corporate banking services in Singapore, Australia, and Hong Kong.
Hester Peirce, the crypto-friendly commissioner at the Securities and Exchange Commission (SEC), says US regulators can do three things to help the digital asset industry.