Kanye West, aka Ye, says he rejected a $2 million offer to promote a cryptocurrency scam, which involved posting a fraudulent promotion and later claiming his account was hacked.

Gemini, the popular cryptocurrency exchange run by the Winklevoss twins, is exploring a possible initial public offering. According to multiple sources, including Bloomberg, the leading crypto custodian and exchange has been meeting advisers on the potential public listing.

The cryptocurrency market is once again in the spotlight as we witness a new bull run unfold. However, the cycle is evolving this time with unique characteristics that distinguish it from previous market upswings.

Deribit's decision to leave Russia comes amidst mounting international sanctions.

The FBI warns that scammers are exploiting Valentine's Day to lure victims into fraudulent cryptocurrency investments, using fake identities and deceptive websites to steal funds.

The MetaMask creator lost access to its bank account due to U.S. restrictions on crypto businesses but stayed operational using backup accounts. Under Operation Chokepoint 2.0, banks were pressured to close crypto accounts.

Bitwise's Matt Hougan said retail crypto sentiment is “the worst it's been in years,” amid the Crypto Fear and Greed Index falling to a “Fear” score of 44.

Solana-based Phantom wallet users are being targeted by phishing scammers attempting to steal private keys through fake update prompts, according to a report by CoinTelegraph. Web3 security platform Scam Sniffer issued a warning on Feb. 6 about fraudulent update extension signature requests designed to compromise real Phantom wallets.

Federal Reserve Governor Christopher Waller has voiced strong support for the regulated adoption of stablecoins, emphasizing their potential to reinforce the US dollars global dominance. Speaking at the Atlantic Council on February 6, Waller, who oversees the Fed Boards payments subcommittee, highlighted how well-regulated stablecoins could expand the dollars influence in global trade, finance, and investment.

Czech President Petr Pavel has signed a new cryptocurrency law, aligning the nation with the EUs Markets in Crypto-Assets (MiCA) regulation and providing long-awaited regulatory clarity. The legislation aims to simplify tax rules, support innovation, and facilitate banking access for licensed crypto businesses, marking a major milestone for the countrys digital asset industry.

Brazils central bank president, Gabriel Galipolo, highlighted a significant rise in cryptocurrency adoption, with stablecoins accounting for 90% of the nations crypto flow. Speaking at a Bank for International Settlements event in Mexico City, he attributed this growth to increased digital currency use for international purchases, complicating regulatory oversight and taxation.

Coinbase is transforming into a financial giant, rivaling banks and brokerages with $420 billion in assets. CEO Brian Armstrong envisions a future where crypto dominates financial services. Coinbase Surpasses Banks, Envisions a Unified Crypto-Powered Financial System Coinbase (Nasdaq: COIN), the largest publicly traded cryptocurrency exchange in the U.S.

Kanye West claimed he turned down a $2 million offer to promote a fraudulent meme coin that involved a staged hack.

Franklin Templeton's crypto ETF is set to offer institutional investors regulated exposure to bitcoin and ether, pending SEC approval, with secure custody and no staking risks. Franklin Crypto Index ETF Awaits SEC Approval, Plans to Trade on Cboe BZX Exchange Franklin Templeton filed Amendment No. 2 to its Form S-1 Registration Statement with the U.S.

Hip hop mogul and self-proclaimed billionaire Kanye West wants to chat with Coinbase CEO Brian Armstrong about purchasing crypto “without a middle man,” according to a Friday post by the rapper on X.

The world's second-largest crypto exchange by trading volume is re-entering the Indian market after securing mandatory registration with regulators and paying a $1 million fine. Last month, Dubai-based exchange Bybit announced a temporary suspension in India, preventing users in the country from opening trades or accessing products on its platform and only allowing withdrawal transactions.

The rapper asked a rhetorical question about "a coin" earlier on Friday, raising speculation whether he would launch a token.

A coalition of software firms recently launched Nigeria's first compliant stablecoin, cNGN, which is now included in the Nigerian Securities and Exchange Commission incubation program. Stablecoin to Bring ‘Stability' to Nigeria's Digital Economy A coalition of software firms recently launched what has been described as Nigeria's first “compliant” stablecoin, cNGN.

Decentralized credit protocol Maple reported that none of the platform users' positions were liquidated during the Feb. 2 price crashes, resulting in no bad debt. It also reported that users deposited $10 million to reinforce their margins over the period to avoid liquidation events.

The Economic and Financial Crimes Commission (EFCC), a law enforcement agency in Nigeria, busted a major crypto crime ring with hundreds of potential criminals. Among them, 53 individuals have been officially charged.

With Coinbase crossing $420 billion in assets, CEO Brian Armstrong is comparing the top US-based crypto exchange to leading US banks. In a new post to the social media platform X, Armstrong lays out the case for why he thinks Coinbase is now competing with the largest US banks, brokerages and payment companies.

CFTC Acting Chair Caroline Pham announced a CEO Forum today, building off an idea she pitched in 2023. This forum will gather crypto industry representatives to discuss digital asset markets, especially stablecoins.

The Commodity Futures Trading Commission (CFTC) which regulates the U.S. derivatives market said it will hold a CEO Forum with leaders from Coinbase, Ripple, Circle, Crypto.com, and Moonpay to evaluate a digital asset markets pilot program.

A discussion draft introduced by Hill and Steil imposes a temporary ban on certain stablecoins while assessing market risks.

The cryptocurrency market is facing uncertainty as Bitcoin held firm while Ethereum struggled.

It marks the latest release for the community of coders, artists and technologists that have been quietly tinkering in the shadows for years.

InkChain's growth highlights the increasing importance of Layer 2 solutions in enhancing DeFi scalability and interoperability. The post Kraken's Ink sees explosive growth as DeFi powerhouse appeared first on Crypto Briefing.

Burwick, leading the case against Pump.fun, claims the platform allowed offensive tokens targeting his family in an effort to intimidate him. Pump.

Utah cleared its digital assets bill through the state house, and Kentucky and Maryland introduced their own efforts, making it 18 states working on such bills.

Coinbase said the judge's opinion “narrowed the scope of discovery in this case,” adding that, “We look forward to vindicating the remaining claims” in court.

A U.S. judge has ruled that crypto exchange Coinbase must face a class action lawsuit filed by customers in New York, Reuters has reported.

The legal battle over Giacometti's sculpture highlights a tangled web of art theft, forged documents, and a $65.5 million deal gone wrong.

Japan's Financial Services Agency (FSA) has requested Apple and Google to block downloads of crypto exchange apps that are operating without proper registration, local media reported on Feb. 7.

Spain has denied Roger Ver's final appeal against extradition, paving the way for his imminent transfer to the United States in a case widely viewed as a government crackdown on financial freedom.

This week's newsletter focuses on "Crypto Mom" Hester Peirce vowing to fix past SEC mistakes.

Businesses hate slow and expensive international payments. But traditionally, firms haven't had much choice but to accept the status quo of correspondent banks and their corresponding fees.

US-based crypto exchange platform Gemini is reportedly mulling over pursuing an initial public offering (IPO) in 2025. According to a new report by Bloomberg, anonymous people familiar with the matter say the billionaire Winklevoss twins' crypto firm is considering launching an IPO sometime this year.

Acting CFTC Chairman Caroline Pham called the pilot program a “groundbreaking initiative” for the nascent digital asset sector.

The U.S. Commodity Futures Trading Commission (CFTC) announced on Friday that it will hold a CEO Forum to discuss the launch of its digital asset markets pilot program. The post US CFTC to Host Forum on Digital Asset Markets Pilot Program Launch appeared first on Cryptonews.

A new report from Security Token Market forecasts $30 trillion in asset tokenization by 2030, led by stocks, real estate, bonds and gold

Matt Hougan, chief investment officer at Bitwise, has commented on the drastic disconnect between professional and retail sentiment in his recent social media post.

As of Feb. 7, the White House had not issued any statement suggesting that Donald Trump would nominate a CFTC commissioner to replace Rostin Behnam.

With Pertsev now under electronic monitoring, his appeal could set a precedent for how courts treat privacy-focused crypto developers.

The Commodity Futures Trading Commission has announced plans for a crypto CEO Forum aimed at bringing industry leaders together to discuss a pilot program for digital asset markets.

The Commodity Futures Trading Commission (CFTC) launched a pilot program to explore tokenized non-cash collateral, including stablecoins, within regulated derivatives markets, according to a Feb. 7 announcement. The CEO Forum will engage industry leaders on the launch of its digital asset markets pilot program.

Story is a sovereign layer-1 blockchain built using the Cosmos SDK and CometBFT consensus, with an added EVM execution — a custom Geth fork. This choice allows for full governance control, optimized execution for intellectual property workflows and a staking economy based on the $IP token.

Japan's FSA requested Apple and Google to remove five crypto exchanges from its app stores. The FSA claims that these exchanges are unregistered and did not meet compliance despite past warnings.