According to recent reports, Bybit suffered a major hack, and over $1.46 billion in Ethereum was withdrawn from its hot wallets.

Bankman-Fried is hoping that he can appeal his case or secure a pardon from President Trump.

TL;DR Somnia launched Shannon Testnet to assess the scalability and stability of its blockchain technology before mainnet deployment. The network surpassed 1 million transactions per second in previous tests and now optimizes its congestion resistance. Its infrastructure enables the development of on-chain games, financial applications, and social networks without scalability limitations.

Coinbase's Chief Policy Officer (CPO) asked US lawmakers to establish a robust regulatory framework that benefits the crypto industry and American investors, suggesting six key priorities to protect users and develop the sector with clear regulations.

Binance Square has introduced a new ‘Trader Profile' feature, allowing users to verify and follow trusted traders on the platform.

Coinbase Inc. (NASDAQ:COIN) CEO Brian Armstrong announced that the Securities and Exchange Commission has decided to fully withdraw its enforcement case against the company. What Happened: Speaking to CNBC on Friday, Armstrong described the lawsuit as an unjustified attack on the cryptocurrency industry and said the SEC had no legal basis for its claims.

The move is meant to help lure instituional investors and improve market transparency.

Sam Bankman-Fried, once the crypto king with a $32 billion valuation, is now serving a 25-year sentence after being found guilty of fraud and misusing customer funds. But even from behind bars, he isn't giving up. He's shifting the political side from Biden to backing Trump, with the aim of a presidential pardon.

SEC to drop Coinbase lawsuit – a major shift in crypto regulation? Investors react as COIN stock climbs.

The Securities & Exchange Commission of the United States is said to have agreed to dismiss its enforcement case against Coinbase Global Inc (NASDAQ: COIN). Shares of the crypto firm are up more than 5.0% at the time of writing.

OI in major cryptos and memecoins have dropped as data shows diminishing market interest.

Blockchain interoperability is the key that unlocks institutional adoption and success.

Recently, Societe Generale-FORGE, a subsidiary of Societe Generale Group and licensed investment firm, has launched its EUR-backed stablecoin (EURCV) on the Stellar network, offering users and businesses a secure, transparent, and scalable digital euro stablecoin.

Sunil Kavuri, a representative of the FTX Creditors' group, revealed that the bankrupt crypto exchange is exploring ways to compensate creditors in multiple countries, including Russia, China, Egypt, Nigeria, and Ukraine. According to Kavuri, creditors from these regions are currently excluded from ongoing distributions despite making up a significant portion of FTX's user base.

South Korean crypto figure Park, known as “Jonbur Kim” or the “Coin King,” has been arrested again on fresh fraud charges. This arrest comes just weeks after his release on bail for a separate crypto scam case.

Owen Lau, Oppenheimer senior analyst, joins 'Squawk Box' to discuss news of Coinbase announcing that the SEC has agreed to dismiss its enforcement case against the company, what it means for the larger crypto community, and more.

The U.S. Securities and Exchange Commission (SEC) has agreed in principle to dismiss its high-profile enforcement case against Coinbase, pending approval from the agency's commissioners, marking a pivotal moment in the regulator's contentious oversight of the cryptocurrency sector.

Crypto.com President and COO Eric Anziani joins CoinDesk live at Consensus Hong Kong with insights into the current crypto market cycle with growing interest from institutions and the importance of a clear regulatory framework for further innovation. Plus, his prediction on AI agents taking a bigger role in our daily lives and how blockchain technologies can enable the operation of those agents.

A Singapore court sentenced Ho Kai Xin to almost ten years in prison for embezzling $5.7 million from Bybit while handling payroll.

Sam Bankman-Fried, the former FTX CEO, has spoken from prison about his political donations and ideological shift, criticizing the Biden administration.

Popular Telegram game Zoo has initiated its airdrop claim period for the upcoming ZOO token, which will be launched on The Open Network (TON).

A new MiCA-compliant stablecoin

KuCoin has announced the listing of Memhash (MEMHASH) on its spot trading platform, with trading scheduled to begin at 9 a.m. UTC on Feb. 28, 2025.

The U.S. Securities and Exchange Commission (SEC) is reportedly planning to dismiss its case against Coinbase, marking a significant change in the agency's stance toward regulating the cryptocurrency sector.

Coinbase CEO Brian Armstrong joins 'Squawk Box' to discuss news of the SEC dismissing its enforcement case against the company, what it means for regulatory outlook for the crypto industry going forward, the company's quarterly earnings results, future of prediction markets, his thoughts on the memecoin phenomenon, and more.

Will Sam Bankman-Fried's new narrative and pro-Trump leaning earn him a pardon?

The U.S. SEC is close to ending its landmark case against Coinbase amid a 180 turn in the commission's crypto regulatory approach.

The crypto giant has reached an agreement with SEC staff to dismiss the lawsuit against them. And the best part?

Cases where digital currency is the means, income, or object of the crime are on the rise, said the Chairperson of Russia's Supreme Court.

The potential dismissal would see an end to the alleged securities law violation lawsuit launched against Coinbase in 2023.

The regulator will vote on whether to approve the agreement next week, with Coinbase CEO Brian Armstrong calling it "hugely vindicating."

In a groundbreaking development, the Securities and Exchange Commission has agreed to drop the case against Coinbase, pending approval from the agency's commissioners. This could be a major legal win for the cryptocurrency industry. The U.S.

The SEC has agreed in principle to dismiss its lawsuit against Coinbase, marking a major legal win for the exchange and a turning point for US crypto regulation.

The SEC's potential dismissal of the Coinbase lawsuit could accelerate legislative efforts to establish clearer crypto regulations. The post SEC staff agrees in principle to dismiss Coinbase enforcement case, pending Commissioner approval appeared first on Crypto Briefing.

Coinbase has revealed that the US SEC has agreed to drop the long-running legal battle against the top crypto exchange. The agreement to drop the Coinbase lawsuit represents a massive development in the Commission's move to create a regulatory-friendly environment for the crypto industry.

announced Friday that the the Securities and Exchange Commission has agreed to drop its enforcement case against the company, pending the approval of its commissioner.

The SEC has abandoned its legal effort to implement a rule that would have expanded its oversight of decentralized finance (DeFi).

Coinbase said on Friday the U.S. securities regulator planned to withdraw its lawsuit against the crypto exchange, ending a contentious years-long legal battle once considered existential for the trading platform and the broader sector.

CEO of CryptoQuant, says that the much-anticipated altcoin season has begun, but it's defined by trading volume—not the shift of capital from Bitcoin to altcoins.

FTX creditor and advocate Sunil Kavuri shared the list of countries, which includes Russia, China, Egypt, Nigeria and Ukraine.

The company says the commission will vote on a deal negotiated by staff to abandon the enforcement case at the core of the agency's previous crypto stance.

Core Scientific, the second-largest public Bitcoin miner, is now accessible on Arkham, enhancing transparency by identifying over 1,250 Bitcoin addresses associated with the company.

Bybit has made liquidation data public via API, improving transparency for traders after CEO Ben Zhou challenged underreported crypto liquidation figures.

The altcoin market has been depressed for eleven weeks now. Some may be thinking that it's over, that interest in altcoins has switched to Bitcoin, and that the gains of past cycles will never again be matched.

Bankrupt cryptocurrency exchange FTX appears to owe a significant sum of money to creditors in more than twenty countries, including Ukraine.

Can AI become a game-changer in compliance? Spoiler: It can, but humans are still making the final call

The long-awaited altcoin season (alt season) has arrived, according to CryptoQuant CEO Ki Young Ju.

Sam Bankman Fried is among the most disgraced figures in the crypto world. He rose from nothing to a multi-billionaire and founder of the biggest cryptocurrency exchange but lost this stardom after gaining 25 years of imprisonment due to his role in the FTX crash.