Crypto markets have seen one of their largest declines of the year in an 8% meltdown that has wiped out hundreds of billions from the sector.
A bill prohibiting extra taxes on crypto payments and safeguarding digital asset rights has been introduced in the Ohio House of Representatives.
A South African study reveals growing DeFi adoption, projecting $2.8 million in volume by the end of 2025, primarily driven by retail customers.
Citadel Securities, a financial giant managing $64 billion in assets, is making a big move into cryptocurrency. With Trump openly supporting digital assets and its millennial plan to create the US crypto capital more companies are eyeing this trillion-dollar industry.
The crypto market sees $887M in liquidations as memecoins crash, Trump's tariffs shake risk sentiment, and Bitcoin repeats its 2017 bull run structure with key technical setups in play.
The crypto market today has suffered a major setback today, with the global market cap plummeting by 4.90% to $2.99 trillion. A sharp spike in trading volume, which surged 75.57% to $143.57 billion, reflects heightened panic selling across the market.
Allegations rise against eXch amid Bybit hack, with links to North Korea's Lazarus Group under investigation.
OKX's operator, Aux Cayes FinTech Co. Ltd., has pleaded guilty to operating an unlicensed money-transmitting business, agreeing to pay over $500 million in fines.
The Securities and Exchange Commission (SEC) closed its investigation into Robinhood Crypto (RHC) without pursuing enforcement actions. This move comes amid the Commission's efforts to move away from its previous “regulation by enforcement” approach under the new industry-friendly administration.
FTX CEO Sam Bankman-Fried has reemerged on social media after more than two years of silence, puzzling the community.
Crypto markets crashed during the late hours of the US session on Monday, causing millions in liquidations as Bitcoin (BTC) extended its leg down. The crash followed reports on US President Donald Trump's tariffs against Mexico and Canada, triggering a sell-off.
OKX Plead Guilty! OKX, one of the largest cryptocurrency exchanges, has settled with the U.S. Department of Justice (DOJ) over legal violations. The exchange admitted to failing to obtain the required license to operate in the U.S. and agreed to pay over $500 million in penalties and forfeitures.
It's a selective altseason, warns CryptoQuant CEO Ki Young Ju. With ETF approvals on the horizon, only fundamentally strong altcoins will see gains in 2025.
Infini, a Hong Kong-based neobank offering interest on stablecoin deposits, suffered a devastating exploit, losing $49.5 million. Blockchain security firm PeckShield reported the incident just days after Infini announced hitting $50 million in total value locked.
OKX, one of the largest cryptocurrency exchanges, has settled with the U.S. Department of Justice (DOJ) over allegations of operating without a money transmitter license. The exchanges affiliate, Aux Cayes FinTech Co. Ltd.
Infini, a stablecoin payment firm, suffered a $50 million security breach allegedly executed by a former contract developer who secretly retained admin privileges. Cybersecurity firm Cyvers reported that the attacker used a wallet funded with 1 ETH via Tornado Cash to carry out the exploit.
The crypto market is in a full-scale meltdown, with $325 billion in market cap wiped out since Friday morning as of press time, according to data from Coinglass, which also shows that the largest drop was when $100 billion disappeared within one hour.
The crypto fear and greed index has fallen to 25, the lowest level since September 2024, signaling extreme fear in the market as Bitcoin drops below $93,000.
The legislation also requires state pension funds to evaluate investing in crypto exchange-traded funds, and covers the right to self-custody and crypto mining.
Riot produced fewer bitcoins in 2024, totaling 4,828 compared to 6,626 the year before, due to the surge in mining costs.
Sam “SBF” Bankman-Fried, the convicted founder of FTX, posted on Twitter (now X) today from inside the Manhattan Detention Center, breaking months of silence with a long-winded take on layoffs, job cuts, and unemployment.
His Monday evening posts have sparked curiosity among crypto industry insiders who have closely followed him since FTX's notorious collapse.
OKX exchange has reached a settlement with U.S. authorities over its failure to obtain a license as a money transmitter.
Global crypto exchange OKX has agreed to pay $505 million in penalties after pleading guilty to operating an unlicensed money-transmitting business in violation of U.S. Anti-Money Laundering laws. The settlement follows an investigation by the U.S.
Seychelles-based cryptocurrency exchange OKX has pleaded guilty to violating U.S. anti-money laundering (AML) laws and will pay a $504 million fine, according to a statement from the U.S. Attorney's Office.
The Russian Energy Ministry has claimed that a recent ban on crypto mining in many parts of Siberia is helping to ease pressure on the region's electricity grids, despite recent reports to the contrary. The post Russian Energy Ministry: Siberian Crypto Mining Ban is Easing Pressure on Grids appeared first on Cryptonews.
“OKX was used to facilitate over five billion dollars' worth of suspicious transactions and criminal proceeds,” said Acting U.S. Attorney Matthew Podolsky.
Crypto asset investment products experienced significant outflows last week, according to the latest fund flows report from CoinShares. The report revealed that outflows totaled $508 million, bringing the cumulative two-week outflows to $924 million.
Billionaire Ken Griffin is shifting his stance on crypto as the Trump administration signals a friendlier regulatory approach.
Bankman-Fried's insights highlight the complexities of corporate management, emphasizing the need for strategic alignment and effective leadership. The post Sam Bankman-Fried returns to Twitter after two-year silence, shares insights on corporate management appeared first on Crypto Briefing.
Microstrategy founder and chairman Michael Saylor sat down with the SEC's brand-new Crypto Task Force in Washington on Friday, February 21, and had a meeting focused entirely on figuring out exactly how digital assets like Bitcoin, tokens, NFTs, and stablecoins should be regulated across the United States.
The tariff-induced crypto market volatility highlights the fragility of digital assets to geopolitical tensions and economic policy shifts. The post Crypto market faces $950 million in leveraged liquidations as Trump's tariff threats reintroduce inflation concerns appeared first on Crypto Briefing.
The SEC's Crypto Task Force met with Michael Saylor to discuss a groundbreaking regulatory framework that could legitimize digital assets, fuel market growth, and secure U.S. dominance. Michael Saylor Pushes SEC for a Crypto Framework That Could Change Everything The U.S.
Like thousands of his countrymen in far-flung places, flower-shop owner Ashish Nagose has been learning about trading cryptocurrencies by attending classes every weekday for the past two months in his home city of Nagpur in western India.
The European Union has taken action against Garantex, a Russia-based crypto exchange, as part of its 16th sanctions package targeting entities linked to the Ukraine conflict. In a statement released on Feb. 24, the EU identified Garantex as a key player in facilitating Russia's efforts to bypass financial restrictions.
Citadel Securities is reportedly looking to provide liquidity to the crypto markets after years of waiting for the crypto regulatory landscape in the US to improve.
RealNOI has launched a blockchain platform for tokenizing rental income, built using Chintai's RWA tokenization technology, offering investors access to $570 million in rental income with expected returns exceeding 5%.
At a meeting with regulators, Saylor proposed ways to reduce costs and time constraints on crypto firms, among other regulatory reforms.
The crypto market is crashing hard! Bitcoin nears a critical level, and altcoins are plummeting.
The Trump administration appears to be trying a similar hands-off approach with the crypto industry. In the last week alone, the SEC dropped investigations into major players, Robinhood and Coinbase.
Michael Saylor is pushing the SEC task force to establish a regulatory framework for crypto, including the creation of a strategic reserve.
Citadel Securities is entering crypto market-making, targeting exchanges like Coinbase and Binance, as regulatory shifts under the Trump administration signal a more favorable environment for institutional participation. The post Ken Griffin's Citadel Securities Eyes Crypto Market-Making on Coinbase and Binance appeared first on Cryptonews.
Cryptocurrency exchange OKX's Aux Cayes FinTech Co. Ltd affiliate has admitted to processing over $1 trillion in transactions for US customers without a license.
The regulator initiated 125 cryptocurrency-related enforcement actions totaling more than $6 billion in penalties under former Chairman Gary Gensler. U.S. Regulator Abandons Robinhood Crypto Probe Robinhood Crypto (RHC), a division of financial services firm Robinhood, announced on Monday that the U.S.
South Korean customs officials in the port city of Busan say they have arrested two people they claim took crypto from a Telegram-based “drug lord” in exchange for smuggling narcotics. The post South Korean Customs Officials: ‘Smugglers' Paid Crypto to Import Drugs appeared first on Cryptonews.
DekaBank, a Frankfurt-based investment bank, has officially launched crypto trading and custody services for its institutional clients only. The rest of the world appears to be following the United States' lead after it set the tone for a crypto-forward 2025.
The top securities regulator in the United States is dropping its investigations into leading retail trading app Robinhood. According to a new announcement from Robinhood, the U.S. Securities and Exchange Commission (SEC) is dropping its investigation into the trading app less than a year after sending the firm a Wells Notice.