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.
Robinhood (HOOD) has managed to surpass $1 billion in revenue within one quarter for the first time ever.
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.
Despite a significant jump in quarterly revenue, Coincheck Group still reported a net loss of $98.1 million.
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.
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.
CME Group reported record-breaking crypto trading volumes in the fourth quarter of 2024, reflecting a surge in institutional and retail interest in regulated digital asset derivatives.
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Industry experts from SonarX and AWS shed light on strategies to managing the deluge of blockchain data amid the industry's proliferation.
Binance's former executive Tigran Gambaryan has spoken out against Nigeria over his incarceration.
The commission-free brokerage reported fourth-quarter revenue of $1.01 billion, which beat the estimated $944 million.
China's crypto enforcement tightens as police bust a $136M money laundering network exploiting digital currencies for illicit fund transfers. The case highlights underground banking's reliance on crypto to evade financial regulations, posing enforcement challenges for authorities. The post Chinese Police Crack $136M Crypto-Linked Money Laundering Scheme appeared first on Cryptonews.
Trading platform Robinhood reported a surge in fourth-quarter profit on Wednesday, fueled by frenetic activity in equity and crypto markets following Donald Trump's presidential election victory.
In its recent 13F form, JPMorgan reported $1 million in crypto exposure through exchange-traded funds (ETF) as of Dec. 31. This is nearly 69% more than the $595,326 it reported at th end of the third quarter of 2024.
Crypto exchange Bybit and Block Scholes, a London-based research firm, have published a new report analyzing why the much-anticipated altcoin season has yet to arrive during the current market cycle. The market so far is “a sea of uncertainty.
On today's episode of CNBC Crypto World, bitcoin whipsaws after higher-than-expected inflation data for January. Plus, Trump taps Andreessen Horowitz crypto policy head Brian Quintenz to lead the CFTC.
President Donald Trump's efforts to assemble a veteran cast of pro-crypto regulators matured with two more nominations, Jonathan Gould and Jonathan McKernan.