For all the complaints levied against the crypto-strict SEC, the agency successfully obtained orders for $8.2 billion in financial remedies for 2024.
TL;DR Quantum computing poses serious risks to the security of blockchains, but it also offers opportunities for innovation. Shor's and Grover's algorithms could break the current security of blockchains, affecting private keys, digital signatures, and hash functions.
As bitcoin catches its breath on the sidelines, a wave of digital currencies is charging ahead, making big moves. Meanwhile, the infamous Altcoin Season Index is climbing, signaling exciting times for traders who love the chaos of alternative crypto markets.
In 2024, the SEC collected a record $8.2 billion in penalties and returned $345 million to victims. A large part of the funds came from major cases like Terraform Labs.
The fiscal year 2024 was marked by unprecedented law enforcement actions by the Securities and Exchange Commission (SEC) against the crypto industry. With a total of 583 enforcement actions, the SEC successfully obtained orders for financial remedies amounting to $8.2 billion, a historic record for the agency.
A closely followed crypto strategist thinks that it is almost time for altcoins to steal Bitcoin's (BTC) thunder. Pseudonymous analyst TechDev tells his 481,600 followers on the social media platform X that he's looking at historical price action to determine the arrival of a new altseason.
The success of cryptocurrencies and sustainable price increases rests on the health of the web3 network underpinning the token.
Gemini co-founder Cameron Winklevoss has called for a renewed investigation into the dropped campaign finance charges against Sam Bankman-Fried, the convicted founder of the now-defunct FTX exchange.
Integrating AI with blockchain can enhance AI's trustworthiness and revolutionize various sectors. AI Developers Should Prioritize User Control Stacey Engle, co-founder and CEO of Twin Protocol, argues that integrating artificial intelligence (AI) with blockchain technology can prevent misuse of AI and make AI operations more trustworthy.
The cryptocurrency industry, long plagued by legal battles and regulatory challenges, may finally be seeing a shift toward a more favorable landscape by 2025. With predictions of ongoing lawsuits against crypto companies quietly dissolving after SEC Chair Gary Gensler's departure in January 2024, and the potential for new regulations under a future Trump administration, many industry leaders are optimistic that the tide is turning.
Australia's Treasury seeks input on implementing the crypto-asset reporting framework within its domestic tax laws.
Cameron Winkelvoss, the Gemini co-founder and CEO, in a recent X post has called out for an inquiry into the drop of a controversial charge involving the defunct-FTX co-founder Sam Bankman Fried. https://twitter.com/cameron/status/1860327431631966543 “It would be great if incoming Attorney General can look into why the campaign finance charges against SBF were dropped.
The crypto universe is buzzing, and a key player seems ready to take flight. After months of stagnation, Filecoin (FIL) is establishing itself as the blockchain project to watch.
FIFA rivals will launch in 2025, though no specific date has been disclosed.
Cryptocurrency-related Political Action Committees (PACs) and affiliated groups poured over $245 million into the 2024 election cycle. The post America's Most Pro-Crypto Congress To Date Raked In Over $245 Million From Crypto PACs appeared first on Cryptonews.
The following is a guest post from Leo Li, CVO and Chief Growth Officer at CARV. Off The Grid could be the mainstream moment we've been waiting for in web3 gaming – not because it flaunts blockchain features, but because it doesn't.
Nearly 9,500 investors were involved in BitClave's ICO, raising $25M before legal troubles halted its ambitions.
The crypto market enters a crucial week, with a flurry of key events like the US PCE inflation, FOMC Minutes, and Q3 GDP (first revision) data, among others, scheduled. In addition, the crypto market expiry has also fueled concerns among the market participants.
The SEC's anti-crypto grip falters as Commissioner Lizárraga and Chair Gensler exit, clearing the path for a pro-crypto revolution in U.S. markets. SEC's Anti-Crypto Stance Wavers as Another Key Resignation Hits U.S. Securities and Exchange Commission (SEC) Commissioner Jaime Lizárraga has announced his intention to step down from the agency on Jan. 17, 2025.
Mythical's CEO John Linden anticipates that FIFA Rivals could attract over 100 million gamers into the Web3 space.
The Blockchain Association, a nonprofit representing crypto and blockchain businesses in the U.S., sent a letter to president-elect Donald Trump and Congress on Friday. In the letter signed by Blockchain Association CEO Kristin Smith, the organization outlined five priorities for the first 100 days of Trump's administration.
A cryptocurrency platform based in South Korea has gone into bankruptcy as declared by a local court after its customers can no longer withdraw their virtual funds worth $1.75 billion.
The crypto market has been on an uptrend following the US elections in early November. In particular, the altcoins have responded quite positively to the election of pro-crypto candidate Donald Trump as the next US President.
While Pump.fun shattered records and set the standard for meme coin creation, it has glaring flaws. Token Mill aims to fix these problems, and add additional functionality. This piece is a guest post by Blocmates. Blocmates is an invaluable crypto news and educational resource that offers clarity in the often complicated and jargon-filled crypto space.
The move reflects the increasing pressure on traditional financial firms to adapt, especially given the current pro-crypto political climate.
Crypto advocacy group Blockchain Association has reached out to US President-elect Donald Trump and the newly elected US Congress on ways to create a favorable regulatory environment for the digital asset industry.
Gary Gensler, the high-profile and often polarizing chair of the U.S. Securities and Exchange Commission, announced his resignation, effective the day President-elect Donald Trump takes office.
The repayments come after a court-approved plan received huge support from creditors, some who stand to recover up to 140% of their claims.
Delio stopped allowing withdrawals last year because they owed their clients 245B won ($1.75B). The first creditors' meeting is scheduled on March 19, 2025.
Coin Center is primarily concerned with what it calls surveillance issues. Particularly centralized businesses, would benefit from a more accommodating regulatory climate.
An asset tokenization altcoin is surging after announcing a new partnership with a broker-dealer registered with the U.S. Securities and Exchange Commission (SEC). Earlier this week, asset tokenization platform Sologenic (SOLO) announced a partnership with Texture Capital, a US-based broker-dealer that specializes in blockchain technology and digital assets.
Kraken, one of the leading cryptocurrency exchanges, has announced plans to list 19 new tokens, including a range of popular meme coins, and to integrate three additional blockchains.
The digital asset analytics firm IntoTheBlock says certain factors could be hinting at “speculative overheating” in the crypto market. IntoTheBlock notes on the social media platform X that funding fees for perpetual swaps have jumped to more than 10% and even skyrocketed to 20% on major exchanges.
Donald Trump is reportedly offering former Bakkt CEO Kelly Loeffler the position of Secretary of Agriculture. Sources close to the matter have said the president-elect is meeting Loeffler at Mar-a-Lago to finalize the deal.
Kusama has taken flight, soaring over 112% on Saturday, leaving investors and enthusiasts buzzing over what's fueling this meteoric rise for Polkadot's experimental sibling.
Crypto's volatility strikes again this Saturday, November 23, liquidating over $478 million worth of traders' positions amid ups and downs. XRP and ADA, for example, registered massive gains but also sharp corrections.
A fraudster targeting well-off crypto users revealed his group's inner workings, including stolen databases and laundering tactics.
Gemini co-founder and CEO Cameron Winklevoss is calling for a probe into the drop of a controversial charge involving FTX co-founder Sam Bankman-Fried (SBF). It has been 8 months since Judge Lewis Kaplan sentenced SBF to 25 years in jail.
Major cryptocurrency companies are reportedly competing to secure a position on President-elect Donald Trump's upcoming advisory board for the sector.
FIFA and Mythical Games are collaborating to launch FIFA Rivals, the companies announced on Friday. The app is an officially licensed, free-to-play soccer game for iOS and Android.
Silicon Valley just changed Washington forever. The 2024 election didn't just bring Donald Trump back into the White House—it flipped Congress into a playground for crypto advocates.
As President-elect Donald Trump prepares to assume office on January 20, 2025, the cryptocurrency industry is optimistic for a new regulatory era.
The cryptocurrency market is showing signs of an impending altcoin season, a period characterized by a surge in the price of other assets relative to Bitcoin. Market participants often shift their focus and capital toward altcoins during this period.
Founder Ahmad Shadid has defended his and the company's actions, but sources say O.XYZ's capabilities have been widely misrepresented.
The CEO of FTX, John Jay Ray III, has announced that the troubled cryptocurrency exchange will begin distributing payments to its creditors and customers in early 2025.
The crypto Bull Run is approaching quickly and here are the strategies implemented by Binance to tame this period.
The US Securities and Exchange Commission (SEC) achieved $8.2 billion in financial remedies during its 2024 fiscal year, marking a significant milestone despite fewer enforcement actions.