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news-imageJanuary 31, 2025

Sam Bankman-Fried's Parents Reportedly Seeking Presidential Pardon From Trump

The parents of FTX founder Sam Bankman-Fried are exploring avenues to secure a presidential pardon for their son from President Donald Trump.
Publisher: Crypto Daily
Sentiment: Neutral
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cover-imageCryptonews
January 31, 2025

Stablecoin Expansion to Drive the Next Crypto Rally as Market Cap Hits $200B: CryptoQuant

Stablecoin supply has expanded significantly, pushing total market capitalization beyond $200B. Tether's USDT and Circle's USDC lead the surge, increasing liquidity across exchanges. CryptoQuant analysts note that such trends have historically preceded bullish market movements. The post Stablecoin Expansion to Drive the Next Crypto Rally as Market Cap Hits $200B: CryptoQuant appeared first on Cryptonews.

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Negative
cover-imageCoinspress
January 31, 2025

Andre Cronje Reveals SEC Pressure Led to His Exit from DeFi

Andre Cronje, a key figure in decentralized finance (DeFi), disclosed that his 2022 departure from the sector stemmed from legal pressures from the U.S. Securities and Exchange Commission (SEC).

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Neutral
cover-imagePYMNTS
January 31, 2025

Making Sense of Meme Coins, Digital Assets and Crypto's Future

The debate over whether cryptocurrency markets are a “casino,” or whether digital assets can be a valuable financial innovation has yet to find a comprehensive, scalable answer as the industry continues to evolve.

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Negative
cover-imageCrypto news
January 31, 2025

Kuna shuts down following Ukraine's ban on its oldest crypto exchange

Ukrainian authorities have blocked access to Kuna, the country's first crypto exchange, operational since 2014. Kuna, Ukraine's oldest crypto exchange, shut down just days after authorities quietly blocked access to its platform without offering any explanation.

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Negative
cover-imageAltcoin Buzz
January 31, 2025

Pump.Fun Sued for Securities Violations

The suit was filed in the Southern District of New York (SDNY) on Thursday. It claims the platform earned nearly $500 million in fees.

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Neutral
cover-imageReuters
January 31, 2025

FTX reaches settlement with ex-Clinton aide's investment firm

FTX said on Friday it had reached a settlement with K5 Global, a venture capital firm co-founded by a former aide to Hillary Clinton, resolving a lawsuit the bankrupt crypto exchange had brought against the company in June last year.

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Positive
cover-imageCryptoSlate
January 31, 2025

Stablecoins surpass Visa and Mastercard with $27.6 trillion transfer volume in 2024

According to a report from crypto exchange CEX.IO, stablecoin transfers reached $27.6 trillion in 2024, outpacing Visa and Mastercard's combined transaction volume by 7.68%. The report pointed out that stablecoins consistently outperformed traditional payment providers throughout the year despite a dip in Q3 due to broader market slowdowns.

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Positive
cover-imageCoinPedia
January 31, 2025

Stablecoin Market Hits Record $200 Billion: Bullish Signs for Crypto's Future?

The stablecoin market has just crossed a new milestone, reaching a record market cap of $200 billion. This milestone marks a significant $40 billion increase since early November when the U.S. presidential election results were announced. Meanwhile, stablecoins like Tether (USDT) and USD Coin (USDC), have been dominating the market.

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Negative
cover-imageCryptonews
January 31, 2025

Seven UK Gang Members Jailed for Kidnapping and Torturing Crypto Investor

Seven members of a UK gang have been sentenced to lengthy prison terms for kidnapping, torturing, and extorting a cryptocurrency investor. The post Seven UK Gang Members Jailed for Kidnapping and Torturing Crypto Investor appeared first on Cryptonews.

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Negative
cover-imageCointribune
January 31, 2025

Crypto: Class Action Lawsuit Filed Against Pump.fun for Fraud!

A class action lawsuit has been filed against Pump.fun, the memecoin creation platform on the Solana blockchain, accusing it of selling unregistered securities and promoting "pump-and-dump" schemes. The complaint, filed on January 30, 2025, in a federal court in New York by Diego Aguilar, alleges that all cryptocurrencies issued on Pump.fun are "unregistered securities", representing an evolution of Ponzi schemes and pump-and-dump!

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