Venture capital funding for crypto startups has yet to rebound in line with recent regulatory clarity in the U.S. despite showing signs of recovery in the months following President Donald Trump's election.
A previously unknown type of cryptojacking malware called MassJacker is targeting piracy users and hijacking crypto transactions by replacing stored addresses, according to a March 10 report from CyberArk.The cryptojacking malware originates from the website pesktop[dot]com, where users seeking to download pirated software may unknowingly infect their devices with the MassJacker malware. After the malware is installed, the infection swaps out crypto addresses stored on the clipboard application for addresses controlled by the attacker.
David Sacks sold over $200 million in crypto investments before stepping into his role as the Trump administration's AI and crypto czar, according to a March 5 White House memo. The document revealed that $85 million of those assets were personally owned by David, while the rest were liquidated through his firm, Craft Ventures.
Argentina's Comisión Nacional de Valores (CNV) has introduced new regulations for virtual asset service providers (PSAVs), requiring them to comply with registration, cybersecurity, anti-money laundering, and asset custody standards to ensure transparency and consumer protection in the crypto sector. The regulatory framework — dubbed Resolution No.
California man John Khuu was sentenced to over seven years in federal prison for laundering drug trafficking proceeds through crypto. Authorities say he used dark web markets to sell illegal drugs, accepting crypto payments before converting them to cash through multiple transactions and accounts. The post California Man John Khuu Sentenced to Over 7 Years for Crypto Money Laundering Scheme appeared first on Cryptonews.
On Friday, a federal court ordered Thomas John Sfraga, known as "TJ Stone," to pay $1,337,700 in forfeiture and to serve a 45 month prison sentence.
This week's crypto regulation news covers major developments, including the U.S. Senate's approval of the GENIUS Act, scrutiny over Trump's crypto reserve proposal, Binance's $2B investment, and OKX's new MiFID II license. Explore the shifting regulatory landscape impacting digital assets worldwide. The post Weekly Crypto Regulation News Roundup: GENIUS Act, Trump's Crypto Reserve, Binance Lands $2B Investment, and More appeared first on Cryptonews.
Mike Novogratz, the founder and CEO of Galaxy Digital, reiterated his belief in the rapid expansion of real-world asset (RWA) tokenization. His statement came after BlackRock's tokenized fund, BUIDL, surpassed $1 billion in Assets Under Management (AUM).
The odds of a recession are rising, markets are crashing and President Donald Trump is forging ahead with tariffs.This volatile playbook is eerily similar to Trump's first term, which started with a bang before giving way to one of the biggest bull markets in recent history. However, this time, Trump seems to have dropped the stock market as one of his favorite barometers of success, opting instead to focus on the long-term health of the US economy.
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Bitwise's head of alpha strategies said this week that MSTR is "more akin to altcoin behavior that tradfi Investors can find access to."
Crypto.com revealed on March 14 that it has acquired a limited license from Dubai's Virtual Asset Regulatory Authority to offer derivatives in the UAE. The firm also acknowledged that the new issuance extended the provisions of its existing VASP license to operate in the region.
On today's episode of CNBC Crypto World, bitcoin and ether rise to end the week. Plus, Binance founder Changpeng Zhao responds to a report of a Trump pardon deal, while one Democrat lawmaker urges the Treasury Department to end President Trump's crypto reserve plans.
After 15 years of research at the Massachusetts Institute of Technology (MIT), Random Linear Network Coding (RLNC) is ready for commercialization in the Web3 industry, according to Muriel Médard, an MIT professor and founder of blockchain infrastructure developer Optimum.Optimum emerged from stealth on Feb. 28 as a decentralized memory infrastructure that can be utilized by any blockchain seeking to bring scalability to Web3. It utilizes the RLNC technology that was first formulated by Professor Médard.
John Khuu, a California man, received an 87-month sentence after he pleaded guilty to conspiracy to commit money laundering. The U.S. DOJ claimed the accused imported counterfeit pharmaceuticals and sold them in the US in exchange for Bitcoin.
While highlighting the growing adoption of blockchain and digital assets, the banking giant warned about potential risks.
Thomas John Sfraga, also known as “TJ Stone,” received 45 months in prison for wire fraud and was ordered to pay more than $1.3 million in forfeiture as part of a scheme targeting crypto investors.In a March 14 notice, the US Justice Department said Sfraga was sentenced in the US District Court for the Eastern District of New York (EDNY) for wire fraud following a May 2024 guilty plea. Court filings stated that the influencer and podcaster claimed he was the owner of businesses — including Vandelay Contracting, a name based on a running joke from the television series Seinfeld — and the emcee of many crypto events in New York City.
Democrat Rep. Gerald E. Connolly is demanding that the US Treasury intervene in a political dispute over the Trump administration's efforts to create a US crypto reserve.
TL;DR Wall Street has changed its stance towards cryptocurrencies, driven by the support of the Trump administration and the willingness of major financial institutions. Trump has confirmed the creation of a strategic Bitcoin reserve, which has contributed to its acceptance within the traditional financial system.
A White House memo revealed that David Sacks, President Trump's AI and Crypto czar, sold over $200 million in digital asset-related investments.
A Delaware bankruptcy court allowed Three Arrows Capital to dramatically expand its claim against FTX, further complicating creditor payouts.
Brazil is spearheading a blockchain initiative within BRICS to improve cross-border trade efficiency. Moving away from common currency plans, the initiative prioritizes speed, transparency, and regulatory oversight, with projects like Drex and Pix shaping Brazil's digital payment landscape. The post Brazil to Explore Blockchain for BRICS Cross-Border Trade: Report appeared first on Cryptonews.
Other investors RedotPay's Series A round included HSG, DST Global Partners, Accel and Vertex Ventures, according to a statement.
The craze for memecoins on the Pump.fun platform is drastically fading. The survival rate of tokens has fallen below 1% for four consecutive weeks, reflecting a growing disinterest from investors in this type of speculative asset.
US President Trump's outspoken acceptance of near-term economic hardship has placed risk assets—including Bitcoin (BTC) and the broader crypto market—under mounting pressure. According to a thread by The Kobeissi Letter on X, President Trump's strategy revolves around tolerating significant “short term pain” in order to drive down inflation and facilitate the refinancing of over $9 trillion in US debt.
LayerAI's surge has been driven by rising Open Interest, on-chain activity, and significant short liquidations.
Argentina's securities regulator has finalized rules for virtual asset service providers (VASPs), which cover general codes of conduct and custody requirements for cryptocurrency exchanges and other platforms facilitating digital asset transactions. The regulations were published on March 13 by the National Securities Commission, also known as CNV, under General Resolution No.
The stablecoin bill sponsored by Senator Bill Hagerty (R-TN) is moving to the next stage of the legislative process after securing support from the Senate Banking Committee with a bipartisan 18-6 vote. The Guiding and Establishing National Innovation for U.S.
Mutuum Finance (MUTM) is rapidly gaining investor confidence, with over 5,500 holders already securing their tokens ahead of its expected surge. With a decentralized lending model and strong demand in the presale, MUTM is positioned for significant growth. The token is still available at $0.
TL;DR Bitcoin and Ethereum lead the surge as inflation fears hit traditional markets, highlighting the value of cryptocurrencies as financial safe havens. Consumer confidence dropped to its lowest level in two years, while inflation fear reached its highest point in 32 years, driven by tariffs and uncertain economic policies.
The growing stablecoin supply suggests increased market liquidity and potential for continued crypto market expansion and trading activity. The post Rising stablecoin supply signals crypto's bull run isn't over yet appeared first on Crypto Briefing.
TL;dR A bankruptcy court in the U.S. approved the expansion of Three Arrows Capital's (3AC) claim against FTX, increasing the amount from $120 million to $1.53 billion. Judge John Dorsey dismissed FTX's objections, considering that 3AC's liquidators provided sufficient evidence and gave proper notice regarding the claim.
Based on whispers from unnamed insiders quoted by Reuters, Russia is reportedly turning to bitcoin, ether, and stablecoins as tools in its oil trade with China and India. These insiders, described as having “direct knowledge of the matter,” opted to stay in the shadows, citing the delicate nature of the topic.
A US bankruptcy court has ruled in favor of Three Arrows Capital (3AC), allowing the failed crypto hedge fund to increase its claim against the collapsed exchange FTX to $1.53 billion. This decision significantly raises the initial $120 million claim sought by 3AC's liquidators.
Citi's Global Head of Digital Assets, Ryan Rugg, reveals how the banking giant is already moving millions in real value through tokenized deposits on a private version of Ethereum, bringing 24/7 infrastructure to enterprise clients across global markets. In this interview, Rugg also discusses the regulatory hurdles that must be overcome before connecting to public blockchains.
Bolivia's state-owned energy firm YPFB is planning to use cryptocurrency to pay for energy imports, according to a March 13 report from Reuters. The move comes as the South American nation faces a shortage of foreign currency reserves and a dwindling supply of domestic gas production.A spokesperson for YPFB said that a system had been put in place to use cryptocurrency to purchase energy imports after the government approved the use of digital assets to meet the country's demand.
RedotPay raised $40 million in a Series A funding round to expand the capabilities and reach of its cryptocurrency payment platform.
World Liberty Financial Reportedly Considering Partnership With Binance, CZ Denies
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BRICS explores blockchain and crypto to reduce reliance on the US dollar in trade. Brazil leads a blockchain-based payment initiative, while Russia already uses crypto for transactions.
Russia is relying on crypto in its oil trade with China and India to navigate Western sanctions.
The initial contrast between the rules-based approach to cryptocurrency in the European Union and the enforcement-driven strategy in the United States was once thought to shape the global crypto industry's trajectory. Now that President Donald Trump is in office, having promised to make America the crypto capital of the world, the dynamic is different.
Thomas John “T.J. Stone” Sfraga was sentenced in federal court for scamming real estate and crypto investors through a business inspired by the 90s TV show Seinfeld.
SEC Commissioner Hester Peirce joins CoinDesk with the latest updates on the crypto task force initiated under President Donald Trump's resumed presidency. Plus, the significance of a transparent, rule-based approach to crypto regulation in the U.S. This content should not be construed or relied upon as investment advice.
Concerns about privacy: the response of the crypto industry
This surge, fueled by government investment and progressive policies, positions Hong Kong as a leading fintech hub in Asia. The post Hong Kong Blockchain Sector Surges 250% Since 2022: Report appeared first on Cryptonews.
Trump family reportedly in talks to acquire stake in Binance US, raising conflict of interest concerns.