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eToro Eyes IPO After SEC Filing, Aims to Revive Public Listing Plans

Reports suggest that eToro has submitted confidential filings with the U.S. Securities and Exchange Commission (SEC) for an initial public offering (IPO), marking a potential milestone for the platform.

17.01.2025 20:00 1 min. read Kosta Gushterov

The U.S. Doesn’t Need a CBDC Right Now, Says Trump’s Treasury Pick

During his Senate confirmation hearing, Scott Bessent, President-elect Donald Trump’s nominee for Treasury Secretary, dismissed the idea of a U.S. central bank digital currency (CBDC), stating that such tools are unnecessary for the country.

17.01.2025 15:00 2 min. read Kosta Gushterov

Polygon Announces Major Partnership to Accelerate Web3 Adoption in India

Jio Platforms, a leading Indian tech subsidiary of Reliance Industries, has partnered with Polygon Labs to embrace blockchain and Web3 technologies.

17.01.2025 14:00 1 min. read Alexander Zdravkov

BitMEX Hit with $100M Fine as It Strengthens Compliance Efforts

The U.S. Department of Justice (DOJ) announced on January 15 that BitMEX and its parent company, HDR Global Trading Limited, have been fined $100 million for violations of the Bank Secrecy Act (BSA).

16.01.2025 19:00 2 min. read Kosta Gushterov

VanEck Files for ETF Targeting Blockchain and Digital Asset Growth

VanEck has submitted a proposal to the U.S. Securities and Exchange Commission (SEC) for its new “On-chain Economy” ETF, aiming to provide exposure to the digital asset ecosystem without directly investing in cryptocurrencies.

16.01.2025 18:00 2 min. read Alexander Zdravkov

Legal Action Initiated Against PumpFun for Alleged Investor Misconduct

US-based law firm Burwick Law, known for its focus on digital consumer protection, has announced legal action against PumpFun, a controversial platform linked to memecoin launches.

16.01.2025 17:00 2 min. read Kosta Gushterov

Tether Sues Swan Bitcoin Over Alleged Breach in Bitcoin Mining Partnership

Tether has filed a lawsuit against Swan Bitcoin, accusing the company of breaching agreements tied to their joint Bitcoin mining venture, 2040 Energy.

16.01.2025 13:00 1 min. read Kosta Gushterov

Dubai Unveils Plans for the World’s First Crypto Tower

The UAE, a pioneer in blockchain technology, continues its leadership through Dubai’s ambitious new project: a 17-story Crypto Tower in the Jumeirah Lake Towers (JLT) district.

16.01.2025 11:00 1 min. read Alexander Stefanov

Deribit Explores $5 Billion Sale Amid Record Growth

Deribit, a leader in crypto derivatives, is exploring strategic options, including a potential sale valued at $4–$5 billion.

15.01.2025 18:30 1 min. read Alexander Zdravkov

SEC Delays Decision on Bitwise ETF Amid Growing Regulatory Scrutiny

The SEC has delayed its decision on Bitwise’s proposal to convert its 10 Crypto Index Fund into an ETF, extending the deadline to March 3 for further evaluation.

15.01.2025 20:00 1 min. read Kosta Gushterov

SEC Sues Elon Musk Over Delayed Twitter Stake Disclosure

Elon Musk is facing legal action from the Securities and Exchange Commission (SEC), which accuses him of delaying the disclosure of his stake in Twitter to secure shares at lower prices.

15.01.2025 11:00 2 min. read Kosta Gushterov

CFTC Considers Action Against Crypto.com Sports Contracts

The U.S. Commodity Futures Trading Commission (CFTC) is reportedly debating whether to investigate Crypto.com’s new futures contracts, which allow users to bet on football outcomes, including the Super Bowl.

15.01.2025 12:30 1 min. read Alexander Zdravkov

U.S. Accelerates AI Development Ahead of Pro-Crypto Administration

As the United States prepares for a new pro-crypto administration under President-elect Donald Trump, outgoing President Joe Biden has taken a significant step to bolster AI development.

15.01.2025 10:00 1 min. read Alexander Zdravkov

Binance.US CEO Issues Warning on SEC’s Crypto Crackdown Strategy

Binance.US interim CEO Norman Reed has accused the SEC of targeting the exchange without substantiating claims of fraud.

15.01.2025 15:00 1 min. read Alexander Zdravkov

Swiss Digital Bank Sygnum Hits $1 Billion Valuation After $58M Round

Digital asset bank Sygnum has secured $58 million in a strategic growth round, pushing its valuation past $1 billion.

14.01.2025 22:00 2 min. read Alexander Stefanov

Crypto Investors Eye Recovery Amid Fed Rate Speculation

The cryptocurrency market stumbled into 2025 with a shaky start as Bitcoin briefly dropped below $90,000, its sharpest decline since the beginning of the year.

14.01.2025 19:00 2 min. read Alexander Stefanov

Ripple’s Legal Chief Criticizes SEC Following Latest Court Ruling

Ripple’s legal chief, Stuart Alderoty, has called out the U.S. Securities and Exchange Commission (SEC) for its handling of cryptocurrency regulations, describing the agency’s strategy as an “anti-crypto crusade” that is falling apart.

14.01.2025 18:30 1 min. read Alexander Zdravkov

SEC Hits Robinhood with $45M Fine for Securities Violations Amid Leadership Transition

Robinhood Markets Inc. and its affiliated broker-dealers have agreed to settle charges brought by the U.S. Securities and Exchange Commission (SEC) for violating federal securities laws.

14.01.2025 18:00 1 min. read Kosta Gushterov

Binance Continues to Dominates Global Crypto Trading

Binance has solidified its status as the world’s leading cryptocurrency exchange, dominating both local and global markets.

14.01.2025 17:00 1 min. read Alexander Zdravkov

Chainalysis Strengthens Security with $150M Acquisition of AI Startup

Blockchain analytics leader Chainalysis has made its first move into artificial intelligence by acquiring Alterya, a tech startup specializing in fraud detection through AI-driven solutions.

14.01.2025 16:30 1 min. read Alexander Stefanov

Binance and Changpeng Zhao Face Legal Hurdles Following Supreme Court Decision

Binance and its founder Changpeng Zhao are now the focus of a class action lawsuit after the U.S. Supreme Court declined to hear their appeal on January 13.

14.01.2025 14:30 2 min. read Kosta Gushterov

Coinbase Scores Legal Win as Court Criticizes SEC Handling

The Third Circuit Court of Appeals has ruled partially in favor of Coinbase in its legal challenge against the Securities and Exchange Commission (SEC), calling the agency’s rejection of Coinbase’s 2022 rulemaking petition “arbitrary and capricious.”

14.01.2025 12:30 1 min. read Alexander Zdravkov

Jim Cramer’s Market Crash Warning Fuels Investor Optimism

Jim Cramer, the host of CNBC’s Mad Money, has made headlines with his latest prediction of an impending market crash.

14.01.2025 11:30 1 min. read Alexander Zdravkov

Trump Set to Overhaul U.S. Crypto Policies on Day One

President-elect Donald Trump is expected to prioritize cryptocurrency reform immediately after taking office, with executive orders targeting regulatory hurdles and boosting innovation.

14.01.2025 10:30 1 min. read Alexander Zdravkov

Tether Shifts Headquarters to El Salvador After Securing Operating License

Tether, a major stablecoin issuer, has announced plans to relocate its operations and subsidiaries to El Salvador, following its approval as a licensed Digital Asset Service Provider (DASP).

14.01.2025 9:00 1 min. read Alexander Zdravkov

Azuki NFT Creators to Launch ANIME Token for Web3 and Anime Fans

Chiru Labs, the creators of the popular Azuki NFT collection, have announced plans to launch a new cryptocurrency called ANIME.

14.01.2025 11:00 2 min. read Alexander Zdravkov

FTX to Begin $1.2 Billion User Repayments After Bankruptcy

FTX, the defunct cryptocurrency exchange, is preparing to refund over $1.2 billion to users who have been locked out of their funds since its 2022 collapse.

13.01.2025 17:00 1 min. read Alexander Zdravkov

Singapore Blocks Polymarket in Crackdown on Unauthorized Gambling Platforms

Singapore has blocked access to Polymarket, a blockchain-based prediction platform, as part of its crackdown on unauthorized gambling services.

13.01.2025 13:00 1 min. read Alexander Zdravkov

Mango Markets Shuts Down Amid SEC Settlement and Internal Struggles

Decentralized exchange Mango Markets is shutting down operations following an SEC settlement that required the destruction of its MNGO tokens and their delisting from exchanges.

13.01.2025 12:00 1 min. read Alexander Stefanov

Tether Dominates Crypto Fee Revenue with $122M in a Week

The cryptocurrency market has seen significant fee-based revenue generation this week, with Tether emerging as the top performer.

12.01.2025 16:00 1 min. read Alexander Stefanov

El Salvador’s Tourism Surges Amid Bitcoin Adoption and Improved Security

El Salvador is experiencing a surge in tourism, coinciding with its adoption of Bitcoin as legal tender.

12.01.2025 14:00 2 min. read Kosta Gushterov

Global Banks Brace for Nearly $1 Trillion in Credit Losses

S&P Global predicts global banks will face nearly $1 trillion in credit losses this year, even as the economic outlook shows signs of improvement.

12.01.2025 13:00 2 min. read Alexander Zdravkov

Usual Protocol Introduces Revenue Sharing and Early Payouts to Restore Stability

The Usual Protocol has taken steps to address recent concerns about its USD0++ floor price mechanism, unveiling two key updates designed to enhance trust and improve its long-term viability.

11.01.2025 20:00 1 min. read Alexander Zdravkov

Asia Emerges as the Global Leader in Crypto Adoption, Report Reveals

Asia has solidified its position as the global leader in cryptocurrency adoption, with countries like India, Vietnam, and Indonesia ranking among the top in user engagement, according to a report by Foresight Ventures and Primitive Ventures.

11.01.2025 10:00 1 min. read Alexander Zdravkov

Ripple and MoonPay Use Crypto to Support California Wildfire Relief

California’s ongoing wildfire crisis has prompted Ripple and MoonPay to step up with a unique form of aid.

11.01.2025 17:42 2 min. read Alexander Zdravkov

Bybit Temporarily Halts Crypto Trading in India Amid Regulatory Challenges

Bybit, a leading global cryptocurrency exchange, has announced a temporary halt to its trading services in India due to evolving regulatory requirements.

11.01.2025 15:00 1 min. read Kosta Gushterov

Kraken Begins FTX Payouts as Creditors Await Resolution

Kraken has started distributing funds to creditors of the failed cryptocurrency exchange FTX, marking a crucial step in addressing the fallout from its 2022 collapse.

11.01.2025 12:00 1 min. read Alexander Stefanov

Cryptocurrency Market Struggles as Strong Jobs Data Fuels Rate Hike Concerns

The cryptocurrency market struggled today as unexpected strength in U.S. employment data raised fears of prolonged high interest rates.

11.01.2025 8:00 1 min. read Alexander Stefanov

Cardano Teams Up with FC Barcelona to Revolutionize Fan Engagement

The growing influence of the cryptocurrency sector has paved the way for various high-profile partnerships, and one of the most notable recent collaborations is between Cardano (ADA) and football giant FC Barcelona.

10.01.2025 21:00 1 min. read Kosta Gushterov

Former Nasdaq Executive Joins Arbitrum Developer to Lead New Venture Capital Division

Ira Auerbach, the former Senior Vice President of Digital Assets at Nasdaq, has made a significant move to Offchain Labs, the team behind Arbitrum.

10.01.2025 20:00 2 min. read Alexander Zdravkov

Here’s the First Company with a Bitcoin Strategy Set to Join the S&P 500

Block, the financial services and digital payments company, is on track to potentially become the first company with a clear Bitcoin strategy to join the S&P 500, according to Matthew Sigel, the head of digital assets research at VanEck.

10.01.2025 16:00 2 min. read Kosta Gushterov

Coinbase Subpoenaed by CFTC for Customer Data Linked to Polymarket

Coinbase is under investigation by the Commodity Futures Trading Commission (CFTC), which has issued a subpoena for customer data related to Polymarket, a prediction platform built on blockchain technology.

10.01.2025 13:30 2 min. read Alexander Stefanov

OKX Warns of Fraudulent Firefox Extensions, Users Advised to Secure Wallets

OKX, a popular cryptocurrency exchange, has issued a warning regarding fraudulent browser extensions that have appeared in the Firefox plugin store.

10.01.2025 10:00 2 min. read Kosta Gushterov

Thailand Prepares to Launch Cryptocurrency Payment Pilot in Phuket to Boost Tourism

Thailand is preparing to test a new cryptocurrency payment system in Phuket, aiming to integrate digital currencies into its existing legal framework.

09.01.2025 22:00 1 min. read Alexander Zdravkov

Do Kwon’s Legal Battle Postponed: Trial Set for January 2026

The highly anticipated trial of Do Kwon, founder of Terraform Labs, has been delayed until January 26, 2026, as legal proceedings regarding the collapse of his cryptocurrency firm continue.

09.01.2025 21:00 1 min. read Alexander Zdravkov

Biden Administration Prepares AI Chip Export Restrictions to Limit Access for Adversaries

In the final days of his presidency, Joe Biden’s administration is preparing new export restrictions on AI chips, including those produced by Nvidia, as part of a broader effort to control the global spread of cutting-edge technology.

09.01.2025 20:00 2 min. read Kosta Gushterov

Gary Gensler Criticizes Crypto Industry as He Prepares to Depart SEC

With only days left in his tenure as Chair of the U.S. Securities and Exchange Commission (SEC), Gary Gensler made one last critique of the cryptocurrency space, stating that it remains “rife” with bad actors.

09.01.2025 17:00 1 min. read Alexander Zdravkov

Ripple CEO Meets with Donald Trump, Sparking Optimism for 2025 Crypto Market

Bitcoin and other cryptocurrencies are experiencing a downturn, primarily driven by concerns over rising inflation in the United States.

08.01.2025 17:00 2 min. read Kosta Gushterov

Gemini Proposes $5M Settlement to Resolve CFTC Misconduct Case

Gemini Trust Company may soon resolve its legal dispute with the U.S. Commodity Futures Trading Commission (CFTC) through a proposed settlement.

08.01.2025 16:00 2 min. read Alexander Zdravkov

Reddit NFT Program Faces Uncertainty After Project Lead’s Departure

Reddit’s Collectible Avatars NFT program faces uncertainty as the project’s head, Bianca Wyler, confirmed her departure from the company.

08.01.2025 15:00 1 min. read Kosta Gushterov

CFTC Chair Resigns Amid Calls for Stronger Crypto Oversight

Rostin Behnam, Chairman of the U.S. Commodity Futures Trading Commission (CFTC), has announced his resignation, effective January 20.

07.01.2025 18:45 1 min. read Alexander Zdravkov

HashKey Group Secures VASP Approval in Ireland to Expand Global Crypto Services

HashKey Group, a prominent Asia-based cryptocurrency financial services firm, has secured approval from the Central Bank of Ireland to operate as a Virtual Asset Service Provider (VASP) through its European division.

07.01.2025 22:00 1 min. read Kosta Gushterov

Backpack Secures FTX EU to Transform European Crypto Trading

Backpack Exchange has made a bold move into the European crypto market by acquiring FTX EU, the European division of the collapsed FTX Exchange.

07.01.2025 19:00 1 min. read Alexander Stefanov

Ripple CEO Reveals Company’s Vision as XRP Gains Momentum

Ripple CEO Brad Garlinghouse has outlined an optimistic vision for the company’s future amidst shifting regulatory tides under the new Trump administration.

07.01.2025 16:00 2 min. read Kosta Gushterov

Crypto Bull Market Nears Peak Amid Diverging 2025 Forecasts

The crypto market is showing signs of entering a late-stage bull cycle, with analysts suggesting investors exercise caution as the peak may be approaching.

07.01.2025 15:00 2 min. read Kosta Gushterov

Digital Asset Firms Secure MiCA Licenses, Expanding Operations Across the EU

Four digital asset companies have recently obtained Markets in Crypto Assets (MiCA) licenses in the Netherlands, granting them the ability to operate across all 27 EU member states.

07.01.2025 14:00 1 min. read Alexander Zdravkov

Coinbase Alleges FDIC Campaign to Undermine Crypto Services

Paul Grewal, Coinbase’s Chief Legal Officer, claims newly unsealed documents expose deliberate efforts by the Federal Deposit Insurance Corporation (FDIC) to obstruct crypto industry activities in the U.S.

07.01.2025 13:00 1 min. read Alexander Zdravkov

Vitalik Buterin Suggests Temporary Limits on AI Development

Ethereum co-founder Vitalik Buterin has proposed a “soft pause” on industrial-scale computing to delay the development of superintelligent AI, providing humanity with time to address its potential risks.

06.01.2025 19:00 1 min. read Kosta Gushterov

Bitwise CEO Foresees Crypto Evolution in 2025

Hunter Horsley, CEO of Bitwise, predicts 2025 will be a turning point for cryptocurrency, with tokenization, AI-driven business growth, and increased corporate Bitcoin adoption reshaping the landscape.

06.01.2025 18:00 2 min. read Alexander Zdravkov

Investors Eye Stock Gains Amid Anticipation of Trump’s Economic Strategy

Market optimism is growing as investors anticipate economic policies under Donald Trump’s leadership to stimulate growth, with U.S. stocks and the dollar positioned as likely beneficiaries.

06.01.2025 15:00 2 min. read Kosta Gushterov