Crypto News

As the sun sets on yet another action-packed day in the world of cryptocurrency, there’s no shortage of developments to digest. Starting north of the border, Kraken has solidified its position in the Canadian market as a restricted dealer, just as challenges force some competitors like Gemini to retreat. By securing this registration, Kraken not only reaffirms its commitment to Canadian investors but also introduces conveniences like free Interac e-Transfer deposits, widening its appeal in a transforming regulatory landscape. In the arena of regulatory scrutiny, U.S. lawmakers, including Senator Elizabeth Warren, are urging the SEC to dive deeper into the dealings of World Liberty Financial. Linked to President Trump's family, this crypto firm is under the spotlight for potential conflicts of interest that could jeopardize market fairness and investor protection. Meanwhile, on Capitol Hill, the STABLE Act has advanced quietly but significantly, seeking to bring order to the worl...

As the sun sets, let's wrap up the day's whirlwind of crypto headlines with a Crypto Talkies curated just for you. It’s been a day of strategic moves, market jitters, and notable achievements in the crypto world. Kristin Smith is making a notable transition as she prepares to leave the Blockchain Association to helm the newly unveiled Solana Policy Institute, marking another strategic pivot within the blockchain advocacy landscape. This move echoes throughout the industry, even as North Korean tech workers continue their infiltration efforts in European blockchain firms, particularly targeting Solana projects. Meanwhile, VanEck takes a bold step by filing for the first U.S. BNB ETF in Delaware. This move not only indicates increasing mainstream interest in Binance Coin (BNB) but also suggests a broader acceptance of crypto investment products. BNB's trading volumes surged as investors responded with enthusiasm, hoping for a price uptick. In the realm of market dynamics, X...

As the sun sets on another bustling day in the crypto world, there's plenty to unpack from the cascade of headlines that have graced our screens. Let's dive right into the highlights of this evening's sundown digest. Crypto investment products are showing signs of a cautious revival with last week's $226 million in inflows. Bitcoin (BTC) remains the frontrunner, attracting $195 million, while its altcoin counterparts, Ethereum and Solana, pulled in a collective $33 million. Despite a decline in total assets under management, this surge in inflows hints at a flicker of optimism among investors. Metaplanet, a Japanese firm, is making waves with its unique debt strategy. The company has raised 2 billion yen ($13.3 million) through zero-interest bonds to boost its Bitcoin holdings to a robust 4,046 BTC. This bold move underscores Metaplanet's confidence in Bitcoin's potential, even as market conditions waver. In a dramatic twist, a hacker who exploited $9.6 milli...

As the sun sets on another eventful day in the world of cryptocurrencies, we bring you a digest of the latest happenings that are sure to capture the attention of both seasoned investors and curious onlookers. First up, the Shiba Inu (SHIB) token has been experiencing a rollercoaster of fluctuations. Despite initial signs of a breakout, significant volatility has resulted in price drops that wiped out prior gains. The token has now retreated to critical support levels, with ongoing bearish trends indicating potential further losses. The sentiment surrounding SHIB remains negative as selling pressure grips the market. Meanwhile, over in Japan, regulatory discussions are on the horizon as the country's Financial Services Agency considers reclassifying cryptocurrencies as financial products. This move, aimed at addressing scams through the introduction of insider trading regulations, has stirred excitement among crypto enthusiasts. However, legislative hurdles loom large on the pat...

As the sun sets and we wrap up yet another eventful day in the world of cryptocurrency, let's take a moment to digest some of the key developments that have unfolded. A notable headline today featured the unfortunate closure of Harpie, a Coinbase-backed Web3 security firm. Despite raising $4.5 million and its ambitious vision of a theft-free crypto ecosystem, the firm has shuttered due to an unsustainable business model. This news is a reminder of the challenges Web3 companies face despite strong backing. In brighter news for Coinbase, they saw a legal victory as both South Carolina and Vermont dismissed staking lawsuits against them. This marks a positive trend for the crypto exchange, with Chief Legal Officer Paul Grewal noting the potential for other states to follow suit. Meanwhile, in fintech recovery efforts, Terraform Labs has announced plans to launch a claims portal by March 2025. This portal aims to aid creditors affected by the TerraUSD collapse, possibly settin...

As the sun sets and we wrap up yet another eventful day in the world of cryptocurrency, let's take a moment to digest some of the key developments that have unfolded. A notable headline today featured the unfortunate closure of Harpie, a Coinbase-backed Web3 security firm. Despite raising $4.5 million and its ambitious vision of a theft-free crypto ecosystem, the firm has shuttered due to an unsustainable business model. This news is a reminder of the challenges Web3 companies face despite strong backing. In brighter news for Coinbase, they saw a legal victory as both South Carolina and Vermont dismissed staking lawsuits against them. This marks a positive trend for the crypto exchange, with Chief Legal Officer Paul Grewal noting the potential for other states to follow suit. Meanwhile, in fintech recovery efforts, Terraform Labs has announced plans to launch a claims portal by March 2025. This portal aims to aid creditors affected by the TerraUSD collapse, possibly settin...

As the sun sets and we wrap up yet another eventful day in the world of cryptocurrency, let's take a moment to digest some of the key developments that have unfolded. A notable headline today featured the unfortunate closure of Harpie, a Coinbase-backed Web3 security firm. Despite raising $4.5 million and its ambitious vision of a theft-free crypto ecosystem, the firm has shuttered due to an unsustainable business model. This news is a reminder of the challenges Web3 companies face despite strong backing. In brighter news for Coinbase, they saw a legal victory as both South Carolina and Vermont dismissed staking lawsuits against them. This marks a positive trend for the crypto exchange, with Chief Legal Officer Paul Grewal noting the potential for other states to follow suit. Meanwhile, in fintech recovery efforts, Terraform Labs has announced plans to launch a claims portal by March 2025. This portal aims to aid creditors affected by the TerraUSD collapse, possibly settin...

As the sun sets on yet another bustling day in the world of crypto, we gather around to wrap up the evening with a spotlight on the most significant events that have made waves. All eyes are on Capitol Hill as President Trump edges closer to eliminating a contentious IRS rule that demands DeFi platforms disclose their transactions. This move, recently supported by the U.S. Senate, has sparked anticipation as it could potentially ease the regulatory load on decentralized finance ecosystems with just a stroke of Trump's pen. Meanwhile, Google Cloud's recent entry as a validator on the Injective blockchain (INJ) has been heralded as a move that could revolutionize Web3 development. By committing to this role, Google aims to fortify the blockchain's security and reliability, thereby paving the path for innovative advancements in the tech space. On the trading front, The Blockchain Group's acquisition of 580 BTC underscores the ever-growing institutional embrace of crypto...

As twilight sets in, the crypto world continues to march forward with noteworthy events making headlines today. The U.S. Securities and Exchange Commission (SEC) is taking a proactive stance by hosting a series of expert roundtables to delve into the intricacies of crypto trading, custody, tokenization, and decentralized finance. Led by Commissioner Hester Peirce, this initiative signifies a shift from mere enforcement to genuine engagement with the industry. Meanwhile, Coinbase has thrown its weight behind Celo's successful upgrade to Ethereum Layer 2, utilizing Optimism's OP Stack to boost scalability, security, and Web3 adoption (CELO). The digital landscape isn't without its controversies, as highlighted by the arrest of crypto influencer Ben Armstrong, known as BitBoy, in Florida over alleged legal transgressions involving a Georgia court judge. This incident brings to the fore the potential legal pitfalls for prominent figures within the digital finance sphere. On a...

As the sun sets on another tumultuous day in the crypto world, there’s no shortage of stories to keep the crypto enthusiasts buzzing. Let's delve into the day's most intriguing events that are shaping the landscape of digital currencies. Firstly, Binance finds itself under scrutiny as it suspends an employee amid insider trading allegations. The employee in question is suspected of leveraging insider info from a previous role to gain early trading profits related to a token launch. This incident underscores the pressing need for robust internal controls and maintaining transparency in crypto exchanges to sustain trust and integrity within the market. Meanwhile, in the world of stablecoins, Circle has launched its USDC (USDC) stablecoin in Japan, in partnership with SBI Holdings. USDC is now the first dollar-backed stablecoin approved under Japan’s regulatory framework, marking a significant milestone in Circle's global expansion strategy. Over at Robinhood, Massachusetts...

As the evening settles in, let's dive into the whirlwind of activity that has stirred the crypto sphere today. First up, a touch of political influence in the crypto world as Donald Trump threw his weight behind the TRUMP coin on Truth Social. The endorsement triggered an immediate 10% price uptick for $TRUMP, although it soon lost steam despite a notable surge in trading volumes. This move once again underscores the power of public figures in swaying crypto markets, although the coin's volatility serves as a stark reminder of the risks involved. Shifting our focus to the institutional side, Metaplanet has expanded its Bitcoin treasury by purchasing 150 BTC at an eye-watering average price of $80,000 per coin, marking their total stash at 3,350 BTC. This addition reflects the ongoing corporate faith in Bitcoin's long-term value proposition and Metaplanet's impressive yield of 68.3% in 2025 so far. On the regulatory front, good news arrives for victims of a global cryp...

As the sun dips below the horizon, casting its golden farewell, let's unwind with today's top stories in the crypto sphere. The U.S. SEC delivered a regulatory win for Bitcoin (BTC) and other proof-of-work cryptocurrencies by confirming that mining, whether solo or within a pool, does not fall under securities laws. This clarification brings a sigh of relief to miners and strengthens the stance of cryptocurrencies like Bitcoin. Meanwhile, across the pond, the European Central Bank (ECB) is making moves to roll out a digital euro. ECB Chief Economist Philip Lane voiced concerns about Europe's dependency on foreign tech payment services. The digital euro is a step towards financial autonomy, challenging stablecoins and tech giants for their stranglehold on economic sovereignty. Coinbase, one of the leading crypto exchanges, has taken matters into its own hands by proposing a comprehensive regulatory framework to the SEC. Their detailed proposal includes 36 recommendations aim...

As the sun dips below the horizon, casting its golden farewell, let's unwind with today's top stories in the crypto sphere. The U.S. SEC delivered a regulatory win for Bitcoin (BTC) and other proof-of-work cryptocurrencies by confirming that mining, whether solo or within a pool, does not fall under securities laws. This clarification brings a sigh of relief to miners and strengthens the stance of cryptocurrencies like Bitcoin. Meanwhile, across the pond, the European Central Bank (ECB) is making moves to roll out a digital euro. ECB Chief Economist Philip Lane voiced concerns about Europe's dependency on foreign tech payment services. The digital euro is a step towards financial autonomy, challenging stablecoins and tech giants for their stranglehold on economic sovereignty. Coinbase, one of the leading crypto exchanges, has taken matters into its own hands by proposing a comprehensive regulatory framework to the SEC. Their detailed proposal includes 36 recommendations aim...

As the sun dips below the horizon, casting its golden farewell, let's unwind with today's top stories in the crypto sphere. The U.S. SEC delivered a regulatory win for Bitcoin (BTC) and other proof-of-work cryptocurrencies by confirming that mining, whether solo or within a pool, does not fall under securities laws. This clarification brings a sigh of relief to miners and strengthens the stance of cryptocurrencies like Bitcoin. Meanwhile, across the pond, the European Central Bank (ECB) is making moves to roll out a digital euro. ECB Chief Economist Philip Lane voiced concerns about Europe's dependency on foreign tech payment services. The digital euro is a step towards financial autonomy, challenging stablecoins and tech giants for their stranglehold on economic sovereignty. Coinbase, one of the leading crypto exchanges, has taken matters into its own hands by proposing a comprehensive regulatory framework to the SEC. Their detailed proposal includes 36 recommendations aim...

In the ever-evolving world of cryptocurrency, today's news delivered a medley of corporate maneuvers, regulatory shifts, and market responses. Kraken emerged as a central player with its impending $1.5 billion acquisition of NinjaTrader, aiming to expand its U.S. crypto futures and derivatives offering. This acquisition is set to mark one of the largest by a crypto service provider, illustrating Kraken's strategic push towards diversifying its financial footprint in a turbulent market landscape. Ethereum (ETH) continues to wrestle with volatility, as its price remains stifled below the $2,000 mark. Despite intermittent gains, the combination of geopolitical uncertainties and reduced demand persistence casts a shadow over its near-term future. Conversely, Binance's impersonators found themselves in the spotlight as Australian authorities cracked down on a scam operation duping over 130 investors, a stark reminder of the pressing need for enhanced security in the crypto spac...

As the sun sets on another bustling day in the crypto world, we delve into the latest developments that rocked the industry. It seems hackers have struck again, this time targeting AiXBT, leading to a significant 20% drop in its token value. On March 18, a sneaky scammer managed to siphon off 55.50 ETH, all due to a security misstep with the AI bot. Although the bot's core systems remained intact, this breach has understandably heightened security concerns. In response, AiXBT is moving its servers and ramping up security measures to prevent future incidents. In more constructive news, Coinbase has taken a step forward in bolstering DeFi transparency. It introduced Verified Liquidity Pools, a game-changer for both institutional and retail investors in the US and Singapore. This new service aims to mitigate risks in the DeFi space by offering verified pools, tackling the long-standing issues of liquidity opacity and dodgy counterparties. On the institutional front, a survey by Coin...

As the sun sets and another eventful day in the crypto sphere comes to a close, enthusiasts and stakeholders find themselves reflecting on a series of significant developments shaping the landscape. In the world of ambitious fundraising, World Liberty Financial, spearheaded by former President Donald Trump, made headlines by raising a whopping $550 million through its token sales, with the second tranche alone bringing in $250 million. Despite the backdrop of wider crypto losses, the project continues to attract substantial investments. A significant portion of the governance token proceeds has been allocated to Trump and principal members of the LLC. Meanwhile, the project expanded its portfolio with $2 million in Avalanche and Mantle assets, further solidifying its presence in the market. It's a challenging time for Pi Network as the looming prospect of a massive token unlock in March casts a shadow over its currency. Pi Coin endured a notable 17% drop to a precarious $1.35, am...

As the sun sets on another bustling day in the crypto world, let's dive into the evening's top stories and developments that have shaken, stirred, and illuminated the digital assets ecosystem. The Bank of Korea has decided to steer clear of Bitcoin (BTC) for its foreign reserves, attributing this cautious decision to Bitcoin’s notorious volatility. The bank’s stance aligns with the International Monetary Fund’s guidelines, maintaining a traditional approach amidst a rapidly evolving digital landscape. Meanwhile, the volatility in Bitcoin's market persists, with a 22% drop from its all-time high stirring feelings of extreme fear. However, analysts remain optimistic, viewing the current dip as a mere shakeout in the ongoing bull cycle rather than a harbinger of a bear market. Across the ocean, European officials have chimed in with a stark warning about the potential risks posed by the U.S. backing of cryptocurrencies. Francois Villeroy de Galhau from the European Central B...

As the sun sets on another bustling day in the world of cryptocurrency, we find ourselves at the intersection of global finance, regulatory shifts, and significant market movements. Today has been nothing short of eventful, with some notable happenings shaping the discourse in the crypto sphere. A hot topic burning through financial halls is the fiery debate over the U.S. Treasury's plan to forge a strategic Bitcoin reserve. Rep. Gerald Connolly vehemently opposes this, raising a red flag over potential conflicts of interest with former President Trump. Connolly argues that such a plan could favor Trump's allies and misuse taxpayer money, leaving many pondering the true intent behind this initiative (BTC). Meanwhile, over in the world of corporate restructurings, Three Arrows Capital has now received approval to dramatically bolster its bankruptcy claim against FTX, raising the stakes from $120 million to a whopping $1.53 billion. This decision adds a layer of complexity to F...

As the sun sets on another bustling day in the world of cryptocurrency, we find ourselves at the intersection of global finance, regulatory shifts, and significant market movements. Today has been nothing short of eventful, with some notable happenings shaping the discourse in the crypto sphere. A hot topic burning through financial halls is the fiery debate over the U.S. Treasury's plan to forge a strategic Bitcoin reserve. Rep. Gerald Connolly vehemently opposes this, raising a red flag over potential conflicts of interest with former President Trump. Connolly argues that such a plan could favor Trump's allies and misuse taxpayer money, leaving many pondering the true intent behind this initiative (BTC). Meanwhile, over in the world of corporate restructurings, Three Arrows Capital has now received approval to dramatically bolster its bankruptcy claim against FTX, raising the stakes from $120 million to a whopping $1.53 billion. This decision adds a layer of complexity to F...