As part of their plea deal, the HashFlare founders have agreed to forfeit luxury assets and millions in crypto, with $350 million already repaid to victims.
The country's securities regulator will also allow 3,500 corporations and professional investors to open “real-name” accounts on cryptocurrency exchanges as part of a pilot program.
Coinbase is in talks with Indian regulators to reenter the market after its 2023 exit as the FIU eases its stance on offshore crypto exchanges.
The CFTC and the U.S. SEC are planning to reopen discussions on how to effectively impose crypto regulation. One of the key suggestions is to reinstate the CFTC-U.S. SEC joint advisory committee charter established in 2010.
After a failed launch in 2022, Coinbase is now seeking approval from Indian regulators to restart its operations in the country. More than a year after pulling out of India, Coinbase seems to be working on making a comeback.
A Chicago family and their nanny were kidnapped for five days in October and forced to transfer millions in cryptocurrency before being released.
On February 12, decentralized lending platform zkLend fell victim to a significant security breach, resulting in the theft of approximately $9.5 million from its protocol on the Starknet network.
Discover how blockchain technology is revolutionizing AI agents by providing autonomy, security, and economic independence, paving the way for a new era of digital autonomy.
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.
Riot Platforms announces new board members and evaluates AI and HPC opportunities, aiming to enhance asset value. The company engages Evercore and Northland Capital Markets for advisory roles.
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.
Coinbase reportedly plans to re-enter India after over a year away and is already engaging with key regulators. The post Coinbase Aims to Re-Enter India After Over a Year Away from the Market: Report appeared first on Cryptonews.
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.
Federal Reserve Governor Christopher Waller has emphasized the potential of stablecoins to expand the reach of the US dollar. The post Federal Reserve Governor Says Stablecoins Extend US Dollar Reach, Calls for Regulatory Framework appeared first on Cryptonews.
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.
NY Senator James Sanders Jr. proposed a bill to form a crypto task force to study the effects of the widespread use of cryptocurrencies. The post NY State Senator Proposes Bill to Establish Crypto Research Task Force appeared first on Cryptonews.
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.
South Korea's financial regulator has unveiled a three-stage plan to allow corporate crypto trading, starting with exchanges and non-profit organizations. The post South Korea's FSC to Roll Out Three-Phase Plan for Corporate Crypto Trading: Report appeared first on Cryptonews.
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.
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.