Monica Long: ‘SEC is not a friendly entryway for us in the US’

Blockchain infrastructure designed Alchemy has launched a development kit rollup-centric innovation in the crypto ecosystem. 

Web3 security startup Blockaid onboarded its technology onto Core wallet to safeguard nearly $1 billion in assets deposited on L1 blockchain Avalanche.

Robinhood is taking a crypto gamble with their acquisition of Bitstamp

Julia Leung, the chief executive of the Hong Kong Securities and Futures Commission (SFC), has recognized Bitcoin's resilience as an alternative asset with significant staying power, despite the skepticism about its intrinsic value. In the backdrop of Hong Kong launching a licensing framework for crypto trading platforms, Leung also highlighted the strict regulations that some argue deter global exchange participation and impact investor confidence negatively. Additionally, the SFC's efforts extend to regulating stablecoins and advancing the Web3 ecosystem while maintaining investor safeguards.

Robinhood Markets has confirmed its acquisition of Bitstamp, a prominent UK-based crypto exchange, for approximately $200 million, marking its largest purchase yet. This strategic move is aimed at transforming Robinhood into a comprehensive financial services entity, enhancing its competitive edge against major rivals like Coinbase and Binance. The acquisition, set to finalize in the first half of 2025, intends to expand Robinhood's footprint in the EU and globally, despite facing regulatory hurdles in the US.

Around 55% of American family offices plan to increase their cryptocurrency investments or have had limited exposure to crypto, according to a BNY Mellon study

A Chinese university student has received a prison sentence of over four years for what appears to be the first case of fraud involving crypto liquidity withdrawal in China

Following calls from U.S. lawmakers urging President Joe Biden to bring detained Binance exec Tigran Gambaryan back home, Nigerian Minister of Information Mohammed Idris has responded

Learn about the Cosmos outage on the Cosmos Hub blockchain network and the security vulnerability that caused the downtime.

BlackRock and Citadel Securities have invested in a group aiming to disrupt the U.S. stock exchange market. 

Both Pallavi Thakur and Julien Clausse shared fears about interoperability and tokenization at Money20/20

CryptoHeap introduces a strategic blueprint for optimized crypto staking, leveraging advanced tools and market insights.

A digital euro could be coming for European financial institutions

Ripple president Monico Long said the XRP issuer is likely to enter the $161 billion stablecoin market before this year’s close. 

Crypto users have been advised to stay vigilant amid an ongoing supply chain attack targeting the digital asset industry via email newsletters.

Pyth Network has announced the launch of its price feeds on Aurora Cloud after a collaboration with the Aurora Labs team.

Theta Network leverages decentralization, enhanced security, and unique incentives to challenge Netflix and YouTube. Can it compete?

At a panel discussion at Money20/20, three professionals discussed the possibility of cooperation or competition between CBDCs and stablecoins.

Pump.fun passes $30 million in revenue spurred by Solana's meme coin season

Web3 Infrastructure platform Avail said it raised $43 million to streamline Web3 scalability with unification layer.

Ethereum ecosystem contributor Polygon Labs increased its zero-knowledge investment to $1 billion with its acquisition of the startup Toposware.

The global adoption of CBDCs is gaining momentum, but interoperability is presenting challenges.

Founded in 2014, ARK Invest has rapidly become one of the largest asset management firms globally. Led by Cathie Wood, the company offers a variety of investment products and services, focusing heavily on innovation and technology. In early 2024, the firm partnered with 21Shares to launch a spot Bitcoin ETF (ARKB). The ETF and several others have been largely successful, attracting over $3.2 billion in AUM. Following the ETF's launch, Cathie Wood has received significant attention for her predic

Germany's Deutsche Bundesbank has revealed the results of its survey, showing that around 50% of the respondents could "generally imagine" using a digital euro

The Thailand Securities and Exchange Commission (SEC) approved the first spot Bitcoin (BTC) exchange-traded fund (ETF) in the country, making it available only to ultra high net-worth individuals

Hong Kong is loosing its status of international crypto hub. Why it's happening and what comes next — read more in our article.

Dapper Labs' $4 million settlement deal to conclude a class-action lawsuit against the company maintains that NBA Top Shot NFTs are not securities, according to CEO Roham Gharegozlou

NYSE trading glitches highlight how blockchain solutions could improve market reliability and transparency through decentralized networks.

David Schwartz, chief technology officer at Ripple, believes that a serious attack on the XRP Ledger is unlikely

Floyd Mayweather has a track record with token scams. Zackxbt publicly criticized the former boxing champion for his role in a recent token fraud.

The Binance CCO gave little hope for a resolution between Nigeria and Binance executive Tigran Gambaryan. “We don't really see a clear roadmap to getting him back in the near term.”

Coinbase, a leading US crypto exchange, has donated $25 million to Fairshake, a political action committee, boosting its contributions this election cycle to $160 million. This funding aims to support pro-crypto candidates and influence the 2024 US elections amidst heightened political focus on crypto regulations. This move follows significant political developments, including new regulatory frameworks and tensions within the Democratic party over crypto policy. Coinbase CEO, Brian Armstrong, emphasized the need for bipartisan support for crypto in politics.

A cybersecurity expert called out Google over inadequate preventive measures against crypto-targeted deepfakes involving Bitcoin and figures like Elon Musk. 

Australia's first spot Bitcoin ETF will go live tomorrow.

The BlockDAG Network project stands on a new technology that has the potential to change the cryptocurrency industry and the way users interact with digital finance.

Trust Wallet and Mercuryo have partnered to power crypto off-ramps for more than 30 digital assets. 

The ROAR token surged by 307.4% this morning following Roaring Kitty's announcement of his significant GameStop stock holdings

Digital asset investment products saw record-breaking inflows for the fourth consecutive week, despite a decline in weekly volumes

Following the return of Keith Gill, known as "Roaring Kitty," the Solana-based memecoin $GME experienced a 300% increase in market cap, surpassing $100 million. Gill's social media activity, including a post on Reddit revealing significant GameStop stock and options purchases, coincided with heightened trading volumes and value spikes in related meme tokens.

Ethereum layer-2 blockchain Linea halted its block production to prevent further losses following a hack on Velocore, a decentralized exchange on its network, which compromised 700 ETH ($2.6 million). This decision, meant to inhibit the hacker's ability to transfer stolen funds, has faced criticism for undermining the principles of decentralization and censorship resistance. Despite the backlash, Linea defended its actions and reaffirmed its future commitment to creating a decentralized and censorship-resistant environment to enhance security without central oversight.

In 2024, crypto funds achieved a new milestone with total inflows hitting $15 billion, bolstered by significant contributions in May and a robust week that saw $185 million enter the market. Bitcoin led the charge with $148 million in inflows, showcasing continued confidence among investors, while Ethereum reversed a previous downtrend with substantial inflows, partly due to SEC approval for a spot-based ETF. Despite these positive movements in crypto, trading volumes decreased, and blockchain equities experienced notable outflows.

MicroStrategy CEO and Bitcoin supporter Michael Saylor has agreed to the largest income tax settlement deal in Washington D.C.'s history.

Tokenizing real-world assets enhances liquidity and democratizes investment but requires robust security and compliance to mitigate risks.

The founder of decentralized finance protocol Frax Finance says the team is "reasonably sure" about the identity of the criminal that hacked the project's X account

Should past bull markets indicate how things will unfold today, Bitcoin could set its all-time high for the current bull cycle in 2025

Matter Labs, the team behind Ethereum's layer-2 scaling solution zkSync, has decided to abandon its efforts to trademark the term "ZK" — short for "zero knowledge" proofs

GameStop (GME), a Solana-based memecoin, has surged over 300% within hours of a social post by the legendary trader "Roaring Kitty," setting the memecoin market ablaze once again