Crypto

A collection of 689 posts

Solana

Swiss Firm Taurus Launches Solana Custody and Tokenization Platform for Banks

In a significant move towards bridging traditional finance with decentralized finance, Taurus, a digital asset infrastructure firm, has launched a Solana based custody and tokenization platform tailored for banks. This new platform, known as Taurus-Capital, not only promises to revolutionize how financial institutions handle digital assets but also underscores the

Regulations

New York Proposes Crypto Task Force for In-Depth Market Analysis

In a move that could significantly shape the future of crypto regulation in New York, State Senator James Sanders Jr. has introduced a bill aimed at forming a specialized crypto task force. This group would delve into the intricacies of the crypto landscape within the state, assessing its economic, environmental,

Crime

Six Men Charged in Daring $15 Million Cryptocurrency Kidnapping in Chicago

Imagine waking up to the news that a family in your neighborhood was kidnapped, not for cash, but for cryptocurrency. This nightmare became reality in Chicago in late 2024, when six men allegedly pulled off a chilling crime, extorting a family for a staggering $15 million in crypto. The incident

Solana

Coinbase Derivatives Adds Solana Futures to Expand Crypto Trading Options

Coinbase Derivatives has announced the upcoming launch of futures contracts for Solana (SOL). Scheduled to commence on or after February 18, this strategic move by Coinbase marks another milestone in the evolving US crypto exchange landscape. Under the new Donald Trump administration, who returned to office earlier this year with

Legal

Trump Secures American Teacher’s Release in Exchange for Russian BTC-e Crypto Operator

In a surprising twist of international diplomacy, President Donald Trump has orchestrated a prisoner exchange with Russia, securing the release of American teacher Marc Fogel in exchange for Alexander Vinnik, the former operator of the BTC-e cryptocurrency exchange. Vinnik's journey through the legal systems of multiple countries has

Roger Ver

Roger Ver Discusses Extradition Battle and Seeks Donald Trump's Help in CoinDesk Interview

Roger Ver, early Bitcoin pioneer, also known in crypto as "Bitcoin Jesus," gave an update in an interview with CoinDesk today. Currently residing in Spain, Ver faces extradition to the United States on alleged charges of tax evasion. His plea comes in the wake of his final appeal

Bitcoin

Bitcoin and Crypto Prices Drop Amidst US Tariffs and Fed Policy

The price of Bitcoin has been on a rollercoaster, with a significant dip to ~$94,000 early this morning before a slight recovery. The global crypto market cap has taken a hit, dropping by 3.5% to $3.28 trillion within the last 24 hours. This volatility isn't

Memecoins

Hester Peirce Says Many Memecoins Don't Belong Under the Purview of the SEC

In an appearance on Bloomberg today, SEC Commissioner Hester Peirce, often referred to as "Crypto Mom" for her advocacy within the industry, shed light on the complex relationship between memecoins and existing regulatory frameworks. As the head of the SEC's Crypto Task Force, Peirce's

CBDC

Fed Chair Jerome Powell Declares No Central Bank Digital Currency (CBDC) for the US

In a statement, Jerome Powell, the Chair of the Federal Reserve, has made it clear that the United States will not be venturing into the realm of central bank digital currencies (CBDCs). This announcement comes at a time when the world is witnessing a significant shift towards digital currencies, with

Bitcoin

Hong Kong Investment Visa Now Allows Bitcoin and Ethereum as Wealth Indicators

Hong Kong has ushered in a new era for cryptocurrency enthusiasts by recognizing Bitcoin and Ethereum as valid proof of wealth for its prestigious investment visa program. The city's New Capital Investment Entrant Scheme has been updated to allow prospective investors to showcase their financial strength using these

Stablecoin

Democrat Rep. Maxine Waters Proposes New Framework for Stablecoin Regulation

Representative Maxine Waters, a prominent Democrat on the House Financial Services Committee, has unveiled a discussion draft aimed at controlling stablecoins. This draft, as reported by Punchbowl, seeks to establish stringent oversight by involving federal entities like the Comptroller of the Currency, the Federal Reserve, and the Federal Deposit Insurance

Bitcoin

North Carolina Introduces Bill to Create Strategic Bitcoin Reserve

North Carolina ventured into the realm of cryptocurrency today with House Bill 92, which proposes to allocate up to 10% of its funds into Bitcoin and other digital assets. This move isn't merely about jumping on a trend; it's a calculated step towards integrating digital currencies

Stablecoin

President of Brazil's Central Bank Says Stablecoins Linked to Tax Evasion, Money Laundering

Gabriel Galipolo, the newly appointed President of the Central Bank of Brazil, has shed light on the alleged association of stablecoins and illicit financial activities within the Latin American country. According to Galipolo, a significant portion of crypto transactions in Brazil involves stablecoins, which are digital currencies designed to maintain

Crime

Three British Men Arrested in Spain After Crypto Kidnap Victim Jumps 30 Feet to Escape

Three British men found themselves on the wrong side of Spanish law after a cryptocurrency broker managed a daring escape after being kidnapped by them. The incident unfolded in the sun-drenched resort of Estepona, on Spain's Costa del Sol, where the victim was held against his will. The

Crypto

China to Impose 10%-15% Tariffs on US Energy and Vehicles, Crypto Markets Will Be Impacted

BREAKING: In a significant development in international trade dynamics, China has announced plans to impose tariffs ranging from 10%-15% on US energy and vehicles starting Monday. This decision marks another chapter in the ongoing trade tensions between the world's two largest economies. The move is seen as

Bitcoin

This Week in Bitcoin and Crypto: Top Stories and Headlines

In case you missed it - This week in Bitcoin and crypto, we cover and summarize the latest top news and key events shaping the digital currency landscape for this past week. Lets get into it. Elon Musk Pushes Forward the Idea of Integrating the U.S. Treasury with Blockchain

Bitcoin

Quantum Computing Looms as Future Threat to Bitcoin Security, Says Tether CEO Paolo Ardoino

In a recent statement that has sparked conversation among crypto users, Tether CEO Paolo Ardoino has provided a forecast on the potential impact of quantum computing on Bitcoin's security. Ardoino's insights come at a time when tech is rapidly evolving, presenting both opportunities and challenges for

Blockchain

The U.S. Government Could Save Up to $338 Billion by Adding the Treasury to a Blockchain

It seems a new idea is starting to gain steam, as both Coinbase CEO Brian Armstrong and Elon Musk have voiced their support for transferring all US government spending onto a blockchain. This move is seen as a revolutionary step towards enhancing transparency and reducing inefficiencies in federal expenditure. Last

Crypto

Rapper Kanye West Wants to Talk to Coinbase CEO Brian Armstrong About Crypto Deal

Kanye West, the famous hip-hop artist and self-proclaimed billionaire, has expressed interest in diving deeper into the world of cryptocurrency, aiming to bypass traditional intermediaries. On Friday, West took to X to voice his desire to discuss buying crypto directly with Coinbase's CEO, Brian Armstrong, signaling a potential

Roger Ver

Spain Rejects Roger Ver’s Extradition Appeal, Sparks Calls for Trump's Intervention

Roger Ver, early Bitcoin pioneer and investor, faces a critical juncture as Spain has rejected his last-ditch appeal against extradition to the United States. This decision marks a significant escalation in Ver's legal battle, with implications that reverberate beyond just his fate. The case is viewed by many

Dogecoin

Canadian Blockchain Firm Neptune Digital Assets Corp Purchases 1 Million Dogecoin

Neptune Digital Assets Corp., a Canadian blockchain firm, has taken a significant step by purchasing 1 million Dogecoin (DOGE) tokens. This acquisition isn't just a simple addition to their portfolio; it's a loud statement about the potential they see in Dogecoin, a cryptocurrency often dismissed as

Crime

Crypto Scammer Jeremy Cahen Added to Puerto Rico's Most Wanted List for Assault

In a surprising turn of events, Jeremy Cahen, known to some in the crypto community as Pauly0x, has found himself on Puerto Rico's Top 10 Most Wanted list. This development comes after allegations of assault surfaced against him, escalating his legal troubles significantly. Cahen, who is somewhat known

Solana

SEC's Recent Acknowledgment of Grayscale's Solana Filing Signals Positive Regulatory Shift

The U.S. Securities and Exchange Commission (SEC) has acknowledged Grayscale's filing for a Solana (SOL) ETF, marking a significant departure from its previous stance. This acknowledgment is particularly noteworthy as it contradicts the SEC's earlier position under the leadership of Gary Gensler, who had been

Exchange

Winklevoss Twins Contemplate IPO for Crypto Exchange Gemini

The Winklevoss twins, Cameron and Tyler, are considering taking their crypto exchange Gemini public. According to a report by Bloomberg, this move could signify a significant shift in how crypto platforms are perceived and operated within the global market. The decision to potentially launch an Initial Public Offering (IPO) for

Exchange

Hong Kong Securities and Futures Commission Grants First Crypto Trading Licenses in 2025

Hong Kong's Securities and Futures Commission (SFC) has taken it's first step forward in the regulation of the digital asset market by issuing its operational licenses for crypto exchange platforms in 2025. Two Hong Kong based crypto exchanges PantherTrade and YAX were the first to receive