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news-imageJanuary 30, 2025
Publisher: Crypto Economy
Sentiment: Positive
General

More News Articles

Negative
cover-imageCrypto Economy
February 20, 2025

Cyvers Report: Pig Butchering Scams Surge, Targeting Major Crypto Platforms

TL;DR “Pig butchering” scams led to losses exceeding $5.5 billion in 2024, with 200,000 identified cases, impacting both retail investors and major crypto platforms. Among the hardest-hit entities, Cyvers detected that three of the five largest centralized exchanges (CEX), a crypto-friendly bank, and an institutional trading platform had been targeted, exacerbating the sector's security crisis.

general-iconGeneral
Neutral
cover-imageCryptopolitan
February 20, 2025

SEC is ‘very' interested in crypto staking, wants to work with the industry on it

The SEC is taking a closer look at crypto staking, asking industry players for detailed explanations on how it works and what benefits it offers. According to Fox Business' Eleanor Terrett, the agency is “very, very interested” and could soon release official guidance on staking.

general-iconGeneral
Positive
cover-imageUToday
February 20, 2025

Binance CEO Stuns Community With 'Safer Crypto for Everyone' Tweet

Binance chief executive officer Richard Teng, who took the steering wheel of the platform from Changpeng Zhao (CZ), has taken to his account on the X platform (formerly widely known as Twitter) to share some important information with the Binance community.

general-iconGeneral
Negative
cover-imageCrypto news
February 20, 2025

What is FUD in crypto? Crypto trading term explained

Crypto FUDs are the Fear-Uncertain and Doubtful claims circulated to fight crypto assets. They are a marketing strategy used to make something seem worse than it is.

general-iconGeneral
Negative
cover-imageCrypto Briefing
February 20, 2025

SEC is “very, very interested” in crypto staking, signals potential guidance

The SEC's increased scrutiny on crypto staking could reshape regulatory frameworks, impacting investor strategies and market dynamics significantly. The post SEC is “very, very interested” in crypto staking, signals potential guidance appeared first on Crypto Briefing.

general-iconGeneral
Negative
cover-imageInvezz
February 20, 2025

Bybit insider fraud: Singaporean woman gets nearly 10 years for $4.2M theft

Singapore's financial sector has been rocked by one of the most elaborate insider fraud cases in the cryptocurrency space. Strait Times, a Singaporean news outlet reports, Ho Kai Xin, a 32-year-old former outsourced payroll manager at Bybit Fintech, has been sentenced to nearly ten years in prison for stealing 5.7 million SGD ($4.

general-iconGeneral
Negative
cover-imageInvezz
February 20, 2025

Why Russian no-KYC crypto exchanges keep resurfacing despite crackdowns

Despite international efforts to clamp down on Russia's no-KYC (Know Your Customer) crypto exchanges, new platforms continue to emerge, replacing those shut down. A report by blockchain analytics firm Chainalysis highlights that while overall inflows to these platforms have declined, new Russian-language exchanges are surfacing to facilitate crypto transactions outside of traditional financial oversight.

general-iconGeneral
Neutral
cover-imageInvezz
February 20, 2025

KuCoin applies for MiCA license in Austria

Crypto exchange KuCoin has announced its new arm for users in the European Union has applied for the Markets in Crypto Assets (MiCA) license. KuCoin revealed in an announcement on Feb. 20 that KuCoin EU Exchange GmbH was eyeing the MiCA license in Austria.

general-iconGeneral
Positive
cover-imageCryptonews
February 20, 2025

SEC Withdraws Appeal After Court Rejects Expanded Crypto Oversight Rule

The US SEC has withdrawn its appeal against a federal court decision that overturned its contentious broker-dealer rule, signaling a major shift in the agency's approach to crypto regulation. The post SEC Withdraws Appeal After Court Rejects Expanded Crypto Oversight Rule appeared first on Cryptonews.

general-iconGeneral
Positive
cover-imageCryptopolitan
February 20, 2025

Crypto app downloads in the UAE surge by 41% in 2024

A recent research by AppsFlyer measuring installation and user trends for 49 of the most popular crypto apps found that the UAE saw a 41% year-on-year increase in crypto trading and management application installations. In 2024, the UAE saw 15 million crypto app downloads, with the most happening in the second half of the year.

general-iconGeneral
Neutral
cover-imageCryptopolitan
February 20, 2025

Coinbase outlines six key priorities for US crypto law reforms

Coinbase has identified six priority areas to correct the flaws in US crypto regulations. Faryar Shirzad, the company's chief policy officer, has urged Congress to move quickly and offer clear and consistent regulations for the industry.

general-iconGeneral
Positive
cover-imageCryptoPotato
February 20, 2025

Trump Declares End to Biden's Crypto Policies

Trump declares an end to Biden's crypto policies, linking Bitcoin's surge to his efforts to make the U.S. the global hub for digital assets.

general-iconGeneral
Positive
cover-imageFinbold
February 20, 2025

Supra launches its DeFi Revolution campaign

Supra, a Layer-1 (L1) blockchain, is launching its DeFi Revolution campaign to empower builders and users in decentralized finance (DeFi), according to the most recent reports shared with Finbold on Thursday, February 20.

general-iconGeneral
Neutral
cover-imageCoinPedia
February 20, 2025

Kraken in Talks to Buy Deribit as U.S. Agencies Demand User Data

San Francisco-based crypto exchange Kraken is making headlines again, but this time for two major reasons. While the company is constantly in talks with Deribit over its acquisition. At the same time, it is facing growing pressure from U.S. regulators, including the FBI and SEC, to share client data.

general-iconGeneral
Negative
cover-imageCryptonews
February 20, 2025

Kraken Sees 39% Surge in Regulatory Requests in 2024, Led by FBI and SEC

Kraken experienced a significant increase in regulatory and enforcement data requests in 2024, marking a 39% surge compared to the previous year. The post Kraken Sees 39% Surge in Regulatory Requests in 2024, Led by FBI and SEC appeared first on Cryptonews.

general-iconGeneral
Positive
cover-imageCrypto Daily
February 20, 2025

Altcoins Holding up: Is a Rally on the Horizon?

While altcoins have generally been beaten down quite badly over recent times, a comeback rally must not be discounted. If/when Bitcoin finally turns that corner and heads into the next phase of its bull market, a sizable altcoin rally may not be far behind it.

general-iconGeneral
Positive
cover-imageTokenpost
February 20, 2025

SEC Drops Appeal Against Crypto Broker-Dealer Rule, Ending Legal Battle

The U.S. Securities and Exchange Commission (SEC) has abandoned its appeal to overturn a court ruling that blocked its attempt to redefine broker-dealers in the cryptocurrency sector. In a filing on February 19, the SEC voluntarily dismissed its appeal to the Fifth Circuit Court of Appeals, concluding the high-profile case.

general-iconGeneral
Negative
cover-imageTokenpost
February 20, 2025

Crypto Industry Pushes to Overturn IRS Rule Targeting DeFi Brokers

The Blockchain Association, backed by 75 crypto industry leaders, is urging Congress to repeal a newly implemented IRS rule that could significantly impact decentralized finance (DeFi). The rule, introduced between Christmas and New Years Eve, imposes strict reporting requirements on DeFi brokers, similar to those applied to traditional financial institutions.

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