Starknet's top lending protocol zkLend hacked, with hackers draining $9.5 million from its smart contracts. The team halted withdrawals and urged users to avoid deposits.
SEC Commissioner Hester Peirce has said that meme coins like the Official Trump (TRUMP) token do not fall under the agency's jurisdiction, even as investors face massive losses.
The FSC will allow local exchanges to sell their crypto, received as fees, for cash to cover operating costs such as payroll and taxes.
Fed Governor Christopher Waller believes there should be a framework that allows banks and non-banks to issue regulated stablecoins. According to a recent Bloomberg report, Waller stated that stablecoins have the potential to expand the reach of the U.S.
Coinbase, a major U.S. crypto exchange, is working towards re-entering the Indian market after halting operations over a year ago. The company is engaging with Indian regulators to ensure compliance as the government reconsiders its stance on crypto policies.
U.S. regulators are reportedly exploring new ways to coordinate on crypto oversight, with discussions to reinstate an advisory committee. The U.S.
If approved, the bill would form a 17-member panel to study digital assets' tax impact as New York reviews its crypto regulations.
Coinbase's re-engagement with Indian regulators could catalyze a more favorable crypto regulatory environment, influencing global market dynamics. The post Coinbase engages with Indian regulators, eyes market re-entry after year-long hiatus appeared first on Crypto Briefing.
Coincheck Group N.V. (NASDAQ:CNCK), the holding company of leading Japanese cryptocurrency exchange Coincheck, reported a 75% jump in revenue for the fiscal third quarter on Wednesday.
New York lawmakers are considering forming a cryptocurrency task force to assess the impact of digital assets on the state's economy, regulations, and tax receipts.
Six men kidnapped a family of three and a nanny at gunpoint in Chicago before whisking them away for five days, demanding they cough up $15 million in cryptocurrencies.
A DefiLlama developer, @0xngmi accused Artemis of using DefiLlama's proprietary data without proper attribution. The controversy that broke out on X has sparked a debate about data ownership and ethics within the Web3 and decentralized finance (DeFi) space.
Robinhood (HOOD) has managed to surpass $1 billion in revenue within one quarter for the first time ever.
The crypto industry is poised for growth as 2025 brings regulatory clarity, increased capital flows, and improved fundamentals, according to Pantera Capital.
Changpeng “CZ” Zhao, the former CEO of Binance, might be launching a meme coin based on his dog. The idea came after a social media exchange spiraled into a frenzy yesterday, with users pushing him to reveal his pet's name and photo.
The latest reports suggest that the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) will work together on crypto regulations. The development came only when a16z crypto policy chief, Brian Quintenz, officially joined as the CFTC chair.
In 2024, memecoins took the crypto market by storm, evolving from a niche speculative play into the most dominant investment narrative. These once-dismissed tokens captured nearly a third of all crypto-related investor interest, according to CoinGecko, proving that the lines between internet culture, financial speculation and blockchain technology have blurred beyond recognition.
Despite AI hype, Solana's leading AI projects have suffered major losses.
Coinbase is working on re-entering the Indian market after ceasing operations over a year ago, and is engaging with Indian authorities to secure necessary approvals, TechCrunch reported on Thursday, citing people familiar with the matter.
Six men are facing charges after allegedly kidnapping three family members and a nanny from a Chicago townhouse in October 2024, forcing them to transfer $15 million worth of cryptocurrency before releasing them days later near a dry cleaner, according to recently unsealed court records.
Robinhood's Q4 profit surged as equity and crypto trading activity soared following Trump's win, with crypto revenue soaring by 700%. The post Robinhood Posts Record Q4 Profit as Trump's Win Ignites Trading Frenzy in Equity and Crypto appeared first on Cryptonews.
Robinhood Markets Inc. (NASDAQ:HOOD) reported a more than fivefold jump in cryptocurrency volumes in the fourth quarter. What happened: The trading platform released its quarterly financials after Wednesday's market close and disclosed a cryptocurrency notional trading volume of $71 billion, up 400% year-over-year.
Federal Reserve Governor Christopher Waller also expressed confidence in the private sector to develop stablecoin solutions.
North Carolina is set to modernize its investment strategy with a bill allowing the State Treasurer to allocate funds to digital asset products, signaling a shift toward blockchain-based finance.
The White House is set to appoint Jonathan Gould, a former Bitfury executive, to lead the Office of the Comptroller of the Currency (OCC), according to reports from Politico and Punchbowl News. Gould, currently a partner at Jones Day, previously served as Bitfurys chief legal officer and worked at BlackRock.
Robinhood Markets reported a 700% surge in cryptocurrency trading revenue in Q4, fueling record profitability amid a crypto market rebound. Crypto revenue skyrocketed to $358 million, up from $45 million a year ago, making up over a third of the firms $672 million transaction-based revenuea 200%+ increase.
Bitcoin miner Riot Platforms said on Wednesday it has appointed three new directors to its board after inputs from investors Starboard Value and D. E. Shaw.
The task force would investigate how many digital currencies are being traded, the number of exchanges in New York and how crypto affects the state and local tax receipts, among other priorities.
The U.S. Securities and Exchange Commission (SEC) has agreed to suspend its lawsuit against Binance, marking a potential shift in regulatory policy toward cryptocurrency firms. The SEC and Binance jointly filed for a 60-day pause, citing anticipated guidance from the agencys new crypto task force, which is expected to take a more favorable stance on the industry.
Brian Quintenz, Head of Policy at Andreessen Horowitz's (a16z) crypto division and a fierce champion for crypto innovation, has been nominated by Donald Trump to lead the CFTC. Trump's CFTC Pick Brian Quintenz Praised for Pro-Crypto Stance and Regulatory Vision Brian Quintenz announced on social media platform X on Feb.
The crypto and stock market surges leading into the presidential election and beyond helped buoy Robinhood's fortunes in the fourth quarter. Results released after the markets closed on Wednesday (Feb. 12) noted that accounts were up 10% to 26.2 million.
Jonathan Gould served in the Office of the Comptroller of the Currency in Donald Trump's last administration and went on to a stint in the crypto industry at blockchain firm Bitfury.
While neobanks brought convenience, they remained tethered to legacy infrastructure. Deobanks blend the ease of digital banking with the decentralization of blockchain.
A crypto strategist known for accurately calling the 2021 digital asset cycle top believes that several altcoins are poised for significant rallies.
The SEC and Binance have agreed to pause their lawsuit for 60 days as regulators craft new crypto rules, a move that could reshape digital asset oversight in the U.S. SEC and Binance Reach Agreement to Pause Lawsuit for Regulatory Review The U.S. Securities and Exchange Commission (SEC) and defendants Binance Holdings Ltd.
Trump nominates crypto-versed Jonathan Gould to lead OCC amid broader financial agency restructuring plans.
At least four different memecoins have been launched after a dog post from Changpeng Zhao.
Bitpanda has secured approval from the UK's Financial Conduct Authority (FCA) to operate in the United Kingdom, marking a significant regulatory milestone for the European cryptocurrency platform.
It seems likely that the Solana “trenches” have been experiencing a euthanasia coaster of sorts.
Bahrain's central bank is developing regulations for stablecoins to reduce transaction costs and increase financial access. Making the Digital Asset Space Safer Bahrain's central bank is drafting regulations on stablecoin issuance, the Middle Eastern country's Finance and National Economy Minister Shaikh Salman bin Khalifa Al Khalifa recently disclosed.
One in four South Koreans own crypto, a new survey has found, with most saying they trade coins in the hope of earning short-term profits. The post 1 in 4 South Koreans Own Crypto; Most Eye Short-term Gains – Survey appeared first on Cryptonews.
Robinhood's record-setting $916 million net income beat industry expectations, fueled largely by a 700% year-on-year crypto revenue increase, pushing shares up 17% in after-hours.
Hashflare founders Sergei Potapenko and Ivan Turõgin pled guilty to wire fraud conspiracy today. The Department of Justice (DoJ) struck down nearly 20 charges against the pair, and they hope to receive lighter sentences through their cooperation.
Robinhood has clocked an eye-watering jump in crypto revenue driven partly by renewed investor interest in digital assets last year.
Here's why Binance-SEC joint motion could pave way for crypto's security status.
Robinhood reported a substantial increase in revenue for the fourth quarter, reaching $1.01 billion. The reported revenue exceeded Wall Street analysts' expectations, which were set at $940.8 million.
Six men face charges over a $15M crypto kidnapping in Chicago, where victims were held for five days and forced to transfer Bitcoin and Ethereum. Some suspects fled to China, while the FBI continues its investigation into missing funds and international links to crypto-related crimes. The post Six Men Charged in $15M Crypto Kidnapping Case appeared first on Cryptonews.