MEXC said it has liquidated a large-scale group of market manipulators engaged in various malicious activities, including self-trading, spoofing, and front-running. Presence of Institutional Actors Draws Concern Cryptocurrency exchange MEXC recently announced that it liquidated a large-scale, coordinated group of market manipulators engaged in self-trading, spoofing, layering, front-running, and quote stuffing.
Fidelity Investments is in the final stages of testing its own stablecoin as Washington moves toward new crypto oversight.
Custodia Bank and Vantage Bank have announced the launch of what they describe as the first-ever U.S. bank-issued stablecoin deployed on a permissionless blockchain. The post Custodia and Vantage Bank Launch America's First Bank-Issued Stablecoin on Blockchain appeared first on Cryptonews.
Paul Atkins, nominated by former President Donald Trump to lead the SEC, has revealed that he and his wife have combined assets worth at least $327 million with up to $6 million in crypto investments. This comes ahead of his upcoming confirmation hearing with the U.S. Senate Banking Committee.
The U.S. Securities and Exchange Commission's Crypto Task Force will host four public roundtables over the next three months to discuss key issues in cryptocurrency regulation. The SEC announced on its official website on Mar.
Sony is expanding its Web3 strategy by partnering with Yoake to launch officially licensed digital collectibles from one of Netflix's top-performing anime series, The Seven Deadly Sins, which has sold over 55 million copies worldwide. This collaboration marks the first mainstream anime intellectual property to utilize Sony's blockchain infrastructure through its platform, Soneium.
Crypto influencer Ben ‘BitBoy' Armstrong has been arrested in Florida, stirring up fresh controversy in the industry. The Volusia County Division of Corrections confirmed his arrest on March 25 at 7:18 PM local time, listing him as a fugitive from justice.
Other key features of Plasma include custom gas tokens, zero-charge USDT transfers, and confidential transactions while ensuring compliance.
SEC nominee Paul Atkins disclosed up to $6 million in crypto investments, including stakes in Anchorage Digital and Securitize, according to a Tuesday filing. The post Incoming SEC Chair Paul Atkins Reports $6M in Crypto Exposure, $327M Total Assets appeared first on Cryptonews.
Former US CFTC Commissioner Timothy Massad believes Trump's crypto projects, like his meme coins and World Liberty Financial, pose serious risks of conflicts of interest.
The arrest of crypto influencer Ben Armstrong highlights the potential legal risks and reputational damage faced by public figures in digital finance. The post Ben ‘Bitboy' Armstrong lands in jail for allegedly sending threatening emails to a judge appeared first on Crypto Briefing.
David Sacks, the White House crypto czar, celebrated a big victory today. He announced that the Federal Deposit Insurance Corporation (FDIC) is following the U.S. Office of the Comptroller of the Currency (OCC) in removing “reputational risk” as a factor in bank supervision. This change effectively rolls back the controversial Operation Chokepoint 2.
North Carolina lawmakers have introduced bills in the House and Senate that could see the state's treasurer allocate up to 5% of various state retirement funds into cryptocurrencies such as Bitcoin.The Investment Modernization Act (House Bill 506), introduced by Representative Brenden Jones on March 24, would create an independent investment authority under the state's Treasury to determine which digital assets could be suitable for inclusion into the state retirement funds. An identical bill, the State Investment Modernization Act (Senate Bill 709), was introduced into the state's Senate on March 25.
The US Securities and Exchange Commission will host four more crypto roundtables — focusing on crypto trading, custody, tokenization and decentralized finance (DeFi) — after hosting its first crypto roundtable on March 21.The series of roundtables, organized by the SEC's Crypto Task Force, will kick off with a discussion on tailoring regulation for crypto trading on April 11, the SEC said in a March 25 statement. A roundtable on crypto custody will follow on April 25, with another to discuss tokenization and moving assets onchain on May 12.
Binance Wallet said an investigation found a former employee leveraged information from their previous role at BNB Chain for front-running trades. Employee Profits Using Non-Public Information Binance Wallet has stated that none of its current team members were involved in insider trading, as alleged in a complaint filed with Binance's internal audit team.
Crypto influencer Ben Armstrong, known as BitBoy, has been arrested in Florida just days after revealing on social media that he was wanted by authorities. The post Crypto Influencer BitBoy Arrested in Florida, Listed as Fugitive from Justice appeared first on Cryptonews.
The crypto-friendly Custodia Bank has worked with Vantage Bank to complete what the two firms say is “America's first-ever bank-issued stablecoin” on a permissionless blockchain.Custodia said on March 25 that it tokenized US dollar demand deposits and facilitated the issuance, transfer and redemption of the stablecoin “Avit” on Ethereum via the ERC-20 token standard. “A new US dollar payment rail has now been activated inside the US banking system,” Custodia added.
The U.S. SEC's Crypto Task Force is gearing up for a series of four roundtable discussions. The Task Force will host four roundtable discussions, exploring topics like tokenization and decentralized finance (DeFi). These talks will bring together experts to discuss the future of digital finance.
The U.S. Securities and Exchange Commission (SEC) is ramping up its engagement with the crypto industry through a series of expert roundtables, signaling a shift away from enforcement-first tactics. Led by Commissioner Hester Peirce, the SECs Crypto Task Force kicked off its Spring Sprint Toward Crypto Clarity last week in Washington, D.C.
The market value of tokenized U.S. Treasuries has surpassed $5 billion for the first time, according to data from rwa.xyz, marking a major milestone for blockchain-based real-world assets (RWAs). This surge, driven by growing institutional interest, saw the sector gain $1 billion in just two weeks.
The notice warns that even good-faith recipients of the stolen $50M won't be protected, setting a precedent for blockchain-based litigation.
Chronicle, a blockchain data provider specializing in tokenized assets, has raised $12 million in a seed round led by Strobe Ventures (formerly BlockTower Capital). Other prominent investors include Galaxy Vision Hill, Brevan Howard Digital, Tioga Capital, and Fenbushi Capital.
Circle secures Japan's first stablecoin approval, unleashing a new era of digital finance, trading, and payments through a groundbreaking partnership with SBI Holdings. ‘First and Only Stablecoin' Approved for Use in Japanese Markets Circle Internet Group Inc.
Crypto influencer Ben Armstrong, also known as “BitBoy,” has been arrested in Florida after disclosing on social media just days ago that a warrant was out for his arrest.Florida's Volusia County Division of Corrections listed Armstrong as a fugitive from justice who was taken in custody on March 25 at 7:18 pm local time. A screenshot of the Volusia Country Corrections website showing details of Ben Armstrong's arrest.
A Russian ministry has issued a warning, claiming that fraudsters are using malware to infect citizens' smart home devices with crypto mining malware. The post Russian Ministry: Fraudsters Using Citizens' Smart Home Devices to Mine Crypto appeared first on Cryptonews.
The SEC has scheduled four more roundtables to clarify crypto regulation, moving away from its previous enforcement approach.
Legislators in both the Senate and House of Representatives of the American state of North Carolina will consider bills to create the North Carolina Investment Authority (NCIA) as an independent state agency.
Memecoins once thrived on speculation and hype, but their dominance has steadily declined.
The head of the UK's Financial Conduct Authority has voiced concern about the number of young adults turning to cryptocurrency for their first investments. Nikhil Rathi, chief executive of the FCA, cautioned members of Parliament that millions of under-35s are choosing assets like Bitcoin instead of more traditional options such as equities or bonds.
First-ever tokenization of U.S. dollar bank deposits on Ethereum signals a seismic shift in traditional finance, with stablecoins now fully regulator-approved.
CEXs Centralized exchanges are dominated by a few big players, with Binance far outpacing all others in trading volume. With around $17 billion in 24-hour volume recorded on March 25, Binance's trading volume is an order of magnitude higher than any other exchange.
The SEC is aiming to discuss and solve regulatory issues around crypto trading, custody, tokenization, and decentralized finance.
In previous years, trends in the TradFi market have caused risk-on assets like crypto to spike in Q2, especially in April. This could provide a much-needed bullish narrative for the space.
Sonic co-founder and lead architect Andre Cronje teased plans on March 25 to launch a new algorithmic stablecoin on the network within five weeks. Cronje highlighted that the new stablecoin could offer over 19% in annual percentage yield at $1 billion total value locked (TVL).
Which coins offer a more stable macro environment for further upside potential: AI-based or meme-based?
In an exclusive interview with BeInCrypto, former US CFTC Commissioner Timothy Massad explains how President Trump's crypto ventures and political power have significantly overlapped in his first two months at the White House.
US Marshalls have reportedly arrested Wiz (Veer Chetal), the third of the hacker trio of Greavys (Malone Iam) and Box (Jeandiel Serrano), who performed a 2024 $243 million crypto heist that targeted a single victim, a Genesis creditor, via social engineering tactics.
PumpSwap, the decentralized exchange (DEX) from memecoin deployer Pump.fun has reached $1.2 billion in trading volume in just one week. According to Dune Analytics data, most of that volume has come within the last 24 hours, during which time the protocol generated over $500 million in volume.
Coincheck, the Japanese, NASDAQ-listed crypto exchange, has unveiled a new cryptoasset custody services platform for corporate users. The post Japan's Coincheck Launches Corporate Crypto Custody Service appeared first on Cryptonews.
CME Group has initiated a pilot program with Google Cloud to explore asset tokenization and streamline wholesale payment processes using blockchain, according to a March 25 statement. The companies announced the completion of the first integration and testing phase for Google Cloud Universal Ledger (GCUL), a permissioned blockchain infrastructure developed specifically for institutional finance.
Two banks have collaborated to tokenize U.S. dollar demand deposits on a permissionless public blockchain for the first time in the United States. Wyoming-based digital asset bank Custodia Bank and Texas community bank, Vantage Bank, tokenized the deposits by issuing, transferring, and redeeming Avit stablecoins, which has been a longtime ambition of Custodia.
The much-awaited altcoin season was still elusive but there were positive signs.
The roundtable discussions will include conversations on tokenization, DeFi and crypto custody.
The US Senate is preparing to hold a final vote on March 27 to nullify the Internal Revenue Service's (IRS) broker reporting rule for DeFi operators.
Brazil's data protection agency (ANDP) has upheld its decision to limit cryptocurrency compensation related to the World ID project due to excessive concerns over users' privacy.
The Senate hearing for the crypto-friendly Securities and Exchange Commission chairman nominee is scheduled for Thursday, March 27.
Using tokenized assets to satisfy margin requirements could help asset managers improve capital efficiency, said Cynthia Lo Bessette.
Key Takeaways: With strong political alignment, the roadmap urges lawmakers to act decisively, emphasizing blockchain's role in financial stability, banking modernization, and national economic strategy. The Digital Chamber's latest framework serves as a “blueprint” for potential crypto-related policy in the U.S.” The policy framework sets the stage for further discussions, with Donald Trump Jr.