The crypto market is bleeding, but for smart money, this is the perfect time to buy. As the market bleeds, whales are taking full advantage of the downturn, accumulating assets with long-term potential.
The attacker reportedly lost 100 BTC in Haru Invest, which allegedly defrauded over $960 million from around 16,000 investors.
South Korea's CBDC pilot will involve seven major banks issuing deposit tokens, enabling 100,000 participants to make digital payments at top retailers like 7-Eleven, Hyundai Home Shopping, and Kyobo Bookstore.
According to a Coinbase and EY-Parthenon report, more than 80% of the interviewed institutional investors plan to boost their crypto allocations in 2025.
The crypto market is at a crucial point, with Bitcoin hovering around the $80K mark and institutional investors keeping a close eye on the next big move. While mainstream adoption is growing, inflation and Federal Reserve rate cut speculations continue to create uncertainty.
Crypto firms are rushing to secure bank charters under the pro-crypto Trump administration, eyeing smoother approvals. Reuters reports a surge in applications, with lawyers calling it a cautious but growing trend. The post Crypto Firms Seek to Register as State, National Bank Charter Under Trump Regime: Reuters appeared first on Cryptonews.
US federal authorities have arrested and indicted a filmmaker, accusing him of spending $11 million given by Netflix to gamble on stocks and crypto instead of using it to finance a science fiction TV show.The Department of Justice said in an indictment unsealed in a Manhattan federal court on March 18 that it had charged Carl Erik Rinsch with fraud and money laundering, and he could face upward of 20 years in prison. The DOJ alleged that Netflix, which wasn't named in the complaint, gave Rinsch $11 million in March 2020 to finance the storyboarding, pay actors and edit footage for the sci-fi TV show “White Horse” — later renamed “Conquest.
The North Dakota Senate has passed a bill that regulates crypto ATMs while re-adding a provision capping daily transactions at $2,000 per user that was originally dropped by the state's House.The state's Senate passed House Bill 1447 in a 45-to-1 vote on March 18. The bill was introduced to the state's legislative assembly on Jan. 15 and aims to protect residents from scams by introducing a slate of new guidelines for crypto ATMs and their operators.
Coinbase is positioning its latest product as a safer way to engage with DeFi for both retail and institutional clients.
ChatGPT and Google's Gemini have emerged as leading forces in the race for superior large language models. It's evident that these platforms have transformed the AI industry.
U.S. authorities have decided to drop charges against Nader Al-Naji, the founder of the decentralized social network BitClout, following legal battles concerning fraud and the sale of unregistered securities. As reported by Law360, court documents reveal that on February 28, U.S. Magistrate Judge Henry J.
DeSci V2 leverages blockchain to address research bottlenecks, democratizing scientific innovation and collaboration. Learn about its impact and future potential.
Cathie Wood, the founder of asset management firm Ark Invest, warned investors Tuesday that most meme coins won't have high worth in the future and "fearsome declines" could be expected. What happened: During an interview with Bloomberg Podcasts, Wood doubted the sustainability of several new meme coins that have sprung up recently.
Sberbank, Russia's largest bank, has launched a blockchain technology-powered token that tracks global cocoa prices. The post Russia's Sberbank Launches Blockchain-powered Cocoa Index Token on Moscow Exchange appeared first on Cryptonews.
Quite a few DeFi projects have been performing quietly in the recent times.
The $2.6 trillion crypto market is drowning in meme coins, and Cathie Wood says most of them will crash. The Ark Invest CEO said on Bloomberg Television that the flood of new tokens created by AI and blockchain technology is nothing but a hype cycle that will end with investors holding worthless coins.
Several U.S. lawmakers have warned that President Trump's crypto dealings and Elon Musk's unchecked power endanger financial stability, weaken oversight, and erode public trust in government accountability. US Lawmakers Sound the Alarm Over Trump's Crypto Ties and Musk's Expanding Power Four U.S.
The BNB Chain-based memecoin launch platform Four.Meme has resumed operations after being hit with a sandwich attack that exploited it for around $120,000. Four.Meme said in a March 18 X post that its launch function was back after inspecting and addressing a security issue.
The cryptocurrency market is monitoring the upcoming Federal Open Market Committee (FOMC) meeting, which is set to conclude on March 19, 2025. Investors are awaiting the Federal Reserve's stance on interest rates, as any adjustments could influence the crypto market.
Microsoft researchers have identified a new remote access trojan (RAT) named StilachiRAT, designed to steal cryptocurrency wallet data, credentials, and system information while maintaining persistent access to compromised devices, the company disclosed on March 17. The malware, first detected in November 2024, employs stealth techniques and anti-forensic measures to evade detection.
The investment aims to support Blockpit's expansion, particularly in Eastern Europe, and to enhance its services, including tools for proving the origin of funds. The post Raiffeisen Bank International Invests Millions in Austrian Crypto Tax Software appeared first on Cryptonews.
Coinbase Global Inc. (NASDAQ:COIN) on Tuesday launched Verified Pools, a new initiative designed to improve transparency and security in decentralized finance (DeFi) liquidity pools. The move comes amid growing scrutiny of risks associated with DeFi platforms, particularly regarding opaque liquidity sources and counterparty risks.
The South Korean crypto exchange Bithumb has overcome a key legal hurdle as it steps up its bid to become the first platform in the nation to launch an IPO. The post South Korea's Bithumb Clears Legal Hurdle, Steps up IPO Quest appeared first on Cryptonews.
Coinbase launches Verified Pools for a secure way to trade crypto onchain with verified liquidity providers.
Coinbase announced Verified Pools, a new service intended to attract institutional users. These liquidity pools will offer clients a secure way to take advantage of high efficiency and native on-chain infrastructure.
The exploit showed that human failings, not technical glitches, are the most important factors in such incidents, says INSEAD's Ben Charoenwong.
The cryptocurrency industry is reportedly targeting the U.S. Securities and Exchange Commission (SEC) in what insiders call an “Italian vendetta” for its overly aggressive regulations during the Biden administration.
Miles Jennings has been appointed as head of policy at a16z Crypto. He succeeds Brian Quintenz, who was nominated to head the U.S. Commodity Futures Trading Commission (CFTC).
Executive Director of the Presidential Working Group on Digital Assets Bo Hines has issued a timeline for stablecoin regulation in the US. Hines is predicting a two-month window for legislators to wrap up existing bills for final assent by the President.
With the advent of new tokens, the memecoin market has recently drawn interest from investors worldwide, but Cathie Wood, the Founder and CEO of ARK Invest, is not convinced. She warns that most will eventually lose value because these tokens rely on celebrity hype.
Coinbase's Verified Pools are available to users in the United States, Singapore, Netherlands, British Virgin Islands, Cayman Islands, and Channel Islands.
Cryptocurrency and fintech companies are increasingly seeking bank charters in an attempt to grow their businesses under the Trump administration, according to a report from Reuters, which talked to more than half a dozen industry executives.The moves come as the administration is seen as more industry-friendly and there are opportunities to gain the licenses that regulators under previous administrations may have been slow to approve. While discussions about pursuing bank charters are on the rise, it is unknown how many companies will ultimately follow through.
Bo Hines, executive director of the President's Council of Advisers on Digital Assets, has signaled that comprehensive stablecoin legislation is imminent, with finalization expected in the coming months. Speaking at the Digital Asset Summit in New York on March 18, Hines emphasized the urgency of maintaining the US dollar's dominance in on-chain financial activity.
Kraken Senior Advisor Marco Santori says "you have to think about stablecoins as one of those critical bits of technology that will allow other things to be built upon it." He tells Sonali Basak and Tim Stenovec he believes decentralized finance is going to “explode” once there is more stabilized use of stablecoins.
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Four.Meme has halted operations and promised compensation to the affected users.
Institutional investors are increasingly bullish on cryptocurrency, with 83% planning to expand their allocations this year, according to a new survey conducted by Coinbase and EY-Parthenon. The research, which polled 352 institutional decision-makers in January, found growing confidence in digital assets as regulatory clarity improves and broader use cases emerge.
Base meme coins are heating up this week, with DOGINME, DRB, and CLIZA standing out as key tokens to watch. Doginme is leading the charge with explosive gains and growing hype after being added to Coinbase's listing roadmap.
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Keyrock launches U.S. entity in New York, led by Robert Valdes-Rodriguez, to strengthen institutional crypto liquidity and bridge traditional finance with digital assets amid improving regulatory clarity. The post Crypto Market Maker Keyrock Expands to U.S. with New Entity, Opens New York Office appeared first on Cryptonews.
Earlier this month, executives of Coinbase hinted at similar plans in the tokenization space amid hopes of a clearer regulatory landscape.
Institutional investors are increasingly bullish on cryptocurrency, with 83% saying they plan to up crypto allocations in 2025, according to a March 18 report by Coinbase and EY-Parthenon. Already, nearly three-quarters of firms surveyed said they hold cryptocurrencies other than Bitcoin (BTC) and Ether (ETH), and a “significant majority” said they plan to boost crypto allocations to 5% or more of their portfolios, the report said.
The investment firm placed a target of $310, a 69% upside, on the crypto exchange giant's stock.
US Representative Ro Khanna, a Democrat from California, said at the Digital Assets Summit on March 18 that Congress “should be able to get” both a stablecoin and crypto market structure bill done this year.Khanna added that there are 70 to 80 Democrats now who understand the importance of stablecoin legislation in increasing American influence around the world by giving more people access to dollars. Rep. Ro Khanna (right) at the Digital Assets Summit, March 18.
Bitcoin Magazine Samourai Wallet Developers Appear Together In Court At Fourth Pre-Trial Hearing Almost one year after the U.S. government charged the Samourai Wallet developers with conspiracy to commit money laundering and conspiracy to operate an unlicensed money transmitting business, the developers appeared in court for another pre-trial hearing. This post Samourai Wallet Developers Appear Together In Court At Fourth Pre-Trial Hearing first appeared on Bitcoin Magazine and is written by Frank Corva.
The regulation of stablecoins in the US can reach President Donald Trump's desk in two months, according to the Executive Director of the Presidential Working Group on Digital Assets Markets, Bo Hines.
Bo Hines, the executive director of the President's Council of Advisers on Digital Assets, said comprehensive stablecoin legislation is expected to be finalized in the coming months, underscoring the government's urgency to maintain the US dollar's dominance in onchain activity. Speaking at the Digital Asset Summit in New York on March 18, Hines said stablecoin legislation is “imminent” following the Senate Banking Committee's approval of the GENIUS Act last week.