Major Win For Memecoins: SEC Affirms They Typically Do Not Qualify As Securities

In a recent statement, the US Securities and Exchange Commission (SEC) provided insights into the classification of memecoins within the context of federal securities laws.   This move, a part of the SEC’s attempt to make clear how these regulations apply to different assets, could prove to be a significant victory for these altcoins and the exchange-traded funds (ETFs) that have been filed with the regulator.

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Following Bybit’s $1.5B hack: why Luffa should be your secure communication choice  

Recently, the theft of $1. 5 billion from Bybit exchange has reignited security concerns among Web3 industry investors.    Privacy and communication security form a critical part of overall safety measures and may even threaten asset security.

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EU sanctions Russia’s crypto exchange Garantex over its ties to blacklisted banks

The European Union has rolled out a new round of sanctions, adding crypto exchange Garantex, which was already blacklisted by the U.S. Treasury’s OFAC. The European Union has added Russian crypto exchange Garantex to its sanctions list as part of…

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Nigeria moves to tax crypto transactions: report

Nigeria is preparing to tax cryptocurrency transactions as part of broader efforts to boost government revenue, according to the country’s Securities and Exchange Commission. A bill outlining the tax framework is under review and is expected to pass this quarter,…

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SEC reviews Grayscale’s Dogecoin and XRP ETF proposals, seeks public comments 

The US Securities and Exchange Commission (SEC) has officially recognized Grayscale’s proposal for a Dogecoin (DOGE) exchange-traded fund (ETF). This development comes as part of the SEC’s standard process for reviewing ETF proposals.

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Jailed BTC-e operator Vinnik released in US-Russia prisoner swap

US to release jailed BTC-e operator Alexander Vinnik in a prisoner swap with Russia. Vinnik, arrested in 2017, is part of the exchange that saw Russia release jailed US schoolteacher Marc Fogel. Alexander Vinnik, jailed in the US after being convicted on charges of money laundering, is being released as part of a prisoner swap.

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Crypto crime figure Alexander Vinnik exchanged for detained U.S. teacher

The United States has agreed to release Russian national Alexander Vinnik, a suspected cybercrime figure, as part of a prisoner exchange that secured the freedom of American teacher Marc Fogel.  Vinnik, 44, operated BTC-e, once one of the world’s largest…

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Binance to drop 5 trading pairs on February 17: find out which ones

Binance, the world’s largest cryptocurrency exchange by trading volume, has announced the delisting of five spot trading pairs, set to take effect on February 17, 2025, at 6:00 a.m. UTC. The affected pairs—HMSTR/FDUSD, SAGA/BTC, ILV/BTC, LTO/BTC, and MDT/BTC—will be removed as part of Binance’s routine market monitoring process, which aims to maintain a high-quality trading […]

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Hacker in SEC X account breach faces $50k fine in plea deal

Eric Council Jr., the man accused of helping to breach the X account of the U.S. Securities and Exchange Commission, has pleaded guilty to the charges. As a result, Council faces a potential $50,000 fine as part of the plea…

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Crypto.com’s Cronos ETF and stablecoin launch on the horizon

Crypto.com, a Singapore-based crypto exchange operating globally, has unveiled plans to file for Cronos ETF and launch a proprietary stablecoin. As part of its roadmap for 2025, Crypto.com is planning to file for the launch of an ETF centered around…

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Bitwise’s Bitcoin and Ethereum ETF gets initial green light from SEC

The US Securities and Exchange Commission (SEC) has approved a key part of an application for a new exchange-traded fund (ETF) that would track Bitcoin and Ethereum, the two largest cryptocurrencies.

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SEC wins in killing Kraken’s major questions doctrine defense

A judge has killed part of Kraken’s defense in a suit launched by the Securities and Exchange Commission that argued Congress hadn’t given the agency jurisdiction over crypto.

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Indian crypto platform WazirX freezes $3M to aid recovery from $230M hack

Indian crypto exchange WazirX has frozen $3 million in USDT as part of efforts to recover funds stolen during a $230 million hack in July 2024. The platform confirmed this progress in a Jan. 17 update on X, saying this move showcases its determination to safeguard user funds and rebuild trust after the breach.

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Bithumb adopts Kookmin Bank as new partner bank starting March 2025

Bithumb, South Korea’s second largest crypto exchange, is dropping NongHyup Bank in favor of Kookmin Bank as part of its efforts to tap into the mainstream market. According to a report by The Korea Times on Jan. 13, Bithumb will…

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Kraken woos FTX victims with $50k fee-free trading incentive

Kraken is offering former FTX clients $50,000 in fee-free crypto trading incentives as part of its role in distributing funds following the collapse of the exchange. Cryptocurrency exchange Kraken is sweetening the deal for FTX victims in an effort to…

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Crypto exchange Backpack, founded by former FTX execs, acquires FTX EU

FTX alumni’s Backpack Exchange completes acquisition of FTX EU, set to launch MiFID II-regulated crypto products. Backpack, a crypto exchange founded by former FTX executives, has acquired FTX EU, the former European arm of FTX, as part of its expansion…

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Monsta Mash ($MASH) Tap-to-Earn Launches, Bitget Token (BGB) Surges 59% After Burn, While Bitcoin (BTC) Fights to Break $100K Barrier

Rapid changes have dominated the crypto space in the last few days, as preparations for a possible green year take the central part. Bitget Exchange recently merged its Token(BGB) and wallet token (BWT), stirring up impressive gains for the new BGB coin.

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Bitwise seeks approval for ETF tracking companies holding over 1,000 BTC

Bitwise has filed an application to list and trade shares of an exchange-traded fund that will track companies holding significant amounts of Bitcoin as part of their treasury. The asset management firm’s regulatory filing with the US Securities and Exchange Commission on Dec.

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How to Buy The New Viral Memecoin The Rise of Memes: Before Major Exchange Listing

The Rise of Memes ($RISE) is set to redefine the meme coin landscape with its innovative gameplay mechanics and strong community focus. With the presale just starting, here’s how you can secure your $RISE tokens early and be part of this exciting journey.

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Japanese government says no to Bitcoin reserve

The government of Japan has officially responded to Senator Hamada, stating that it has no intention of adopting Bitcoin as part of its foreign exchange reserves due to a lack of understanding and concerns about volatility.

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Japanese Lawmaker Satoshi Yamada Pushes for Strategic Bitcoin Reserves

Japanese lawmaker Satoshi Yamada has called on the government to consider adopting Bitcoin as part of its foreign exchange reserves, joining a growing global conversation about cryptocurrency's role in national financial strategies.

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Japanese lawmaker ‘Satoshi’ questions gov’t plans for Bitcoin reserve

Satoshi Yamada asked the Japanese government whether it could "convert part of its foreign exchange reserves" into Bitcoin or another token.

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Binance to delist low liquidity trading pairs for PEPE, DCR, ZEN

Binance has warned that it will delist three spot trading pairs as part of its efforts to maintain a high-quality trading market. According to a Dec. 12 announcement, the exchange said it would delist spot trading for DCR/BTC, PEPE/TUSD, and…

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Winners of Blockchain4Her Bangkok Pitching Competition Announced by Bitget during DevCon 24

Bitget, a top-tier cryptocurrency exchange, and Web3 innovator held the “Pitch n Slay” event in Bangkok on November 15th as part of its unique Blockchain4Her initiative. The competition was designed to elevate female entrepreneurs in the blockchain arena, offering grants to the top three winners.

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525 Million DOGE in 20 Hours – What's Happening?

Half billion Dogecoin transferred, and part of it was deposited to leading US exchange

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Pitch n’ Slay: Bitget and Morph Join Forces to Spotlight Females with $100K Seed Funding, Travel Support, Grants, and BWB Airdrop

Bitget, the leading cryptocurrency exchange and Web3 company, proudly announces its upcoming “Pitch n’ Slay” event at DevCon Bangkok on November 15, 2024, as part of its Blockchain4Her initiative.

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Crypto VC funding: Kraken bags $42.5m from Optimism, Glow Labs raises $30m

This week, crypto exchange Kraken stole the show with its $42.5 million grant raise from Optimism. Kraken has disclosed its latest decision to launch Ink, a layer-2 on the Optimism (OP) blockchain. As a part of the deal, Optimism has…

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BNB price unfazed as Binance burns 1.7M tokens

Binance has burned over 1.7 million BNB tokens as a part of its quarterly burning initiative. On Nov. 1, Binance, the world’s largest cryptocurrency exchange in terms of trading volume, announced its 29th quarterly BNB token burn, where it removed…

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FTX agrees to $228m settlement in ByBit lawsuit

The FTX bankruptcy estate has agreed to a $228 million settlement with crypto exchange Bybit and its investment division Mirana, as part of its efforts to recover assets for its creditors. According to an Oct. 24 filing, the FTX bankruptcy…

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Crypto exchange Kraken plans to launch its own blockchain network in 2025

Kraken, one of the world’s leading cryptocurrency exchanges, has announced its plans to launch its own blockchain network, dubbed “Ink,” by early 2025. The San Francisco-based company is positioning this new initiative as a solution to make decentralized finance (DeFi) more accessible to both retail and institutional users. The move comes as part of a […]

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Indian police and Binance seize $100,000 USDT in solar energy scam bust

In a recent collaborative effort, cryptocurrency exchange Binance partnered with Indian police to dismantle a sophisticated scam involving a fraudulent entity called “M/s Goldcoat Solar.” The scam, which falsely claimed to be part of India’s renewable energy initiative, led to multiple arrests and the seizure of over $100,000 in Tether (USDT). According to a report […]

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Ripple files notice for cross-appeal in ongoing SEC clash over XRP

Ripple Labs filed a notice of cross-appeal to the United States Court of Appeals for the Second Circuit on Oct. 10 as part of its ongoing legal battle with the US Securities and Exchange Commission (SEC).

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Ripple’s Brad Garlinghouse Observes Rising Institutional Demand for XRP As ETF Momentum Skyrockets

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Kraken acquires Dutch broker BCM as part of European expansion

The acquisition of the Dutch broker firm is a key part of the exchange’s European expansion strategy ahead of the MiCA regulation.

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Hong Kong’s licensed crypto platform OSL set for brand overhaul

Hong Kong-based crypto exchange OSL is set to rebrand as part of its global expansion plans. In a press release shared with crypto.news, OSL announced a partnership with Pentagram, a multinational design consultancy, to lead a “strategic brand refresh” in…

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Kraken criticizes Australia’s ‘uncertain’ crypto rules after court ruling

Kraken is calling for clearer crypto regulations in Australia after a Federal Court ruled that part of its margin extension product violated local laws. Cryptocurrency exchange Kraken is advocating for clearer crypto regulations in Australia after a Federal Court ruled…

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Dubai’s RAKBANK teams up with Bitpanda to offer crypto to UAE residents

Crypto exchange Bitpanda has partnered with a state-backed Dubai bank as part of its first expansion into the Middle East. RAKBANK, one of the United Arab Emirates‘ oldest banks, has partnered with the Vienna-headquartered cryptocurrency exchange Bitpanda to expand its…

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Binance to convert Monero, Bitcoin Gold to USDC, delist Loom Network

Binance is set to convert over a dozen tokens into the USDC stablecoin while also delisting six additional tokens as part of its latest platform adjustments. Cryptocurrency exchange Binance is set to convert multiple tokens on its platform to USDC…

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Shifting Demographics, Debt and Currencies: Part 2

Explore an examination of how the age of a country's population and the amount of debt it holds can influence its exchange rates.

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Mt Gox continues moving Bitcoin, sends $340 million BTC to Bitstamp: Arkham

The bankrupt Mt. Gox exchange moved a total of $2. 85B BTC to new wallets this morning, according to blockchain analytical firm Arkham Intelligence. As part of its creditor repayment efforts, Mt.

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The dispute between FTX and the CFTC is finally resolved: What was it worth?

Failed exchange FTX has settled with the Commodity Futures Trading Commission. As part of the deal, the company agreed to pay a $12.7 billion fine to the CFTC, court documents said. The deal also calls for $4 billion in restitution…

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Kraken expanding institutional crypto services to the UK and Australia

Kraken Institutional, part of the crypto exchange Kraken, has announced the expansion of its custody services to the United Kingdom and Australia. Kraken Institutional works with high-profile clients like hedge funds and exchange-traded fund issuers, providing custody solutions for managing…

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Kraken signs sleeve deal with Tottenham Hotspur F.C. 

Crypto exchange Kraken has announced a significant partnership with Tottenham Hotspur, becoming the Official Crypto and Web3 Partner of the English football club. As part of this multi-season agreement, Kraken will be the Official Sleeve Partner for all Tottenham Hotspur…

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FTX Co-Founders Nishad Singh And Gary Wang To Face Sentencing: Dates Announced

The stunning fall of Sam Bankman-Fried’s (SBF) once-mighty FTX exchange, in November 2022, is still causing havoc in the crypto space. Nearly two years later, the legal reckoning is still ongoing as former FTX executives Nishad Singh and Gary Wang are ready to face punishment for their part in the multi-billion dollar scam. Related Reading: […]

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More than 10 years since the collapse of Mt. Gox, users confirm reimbursements

Defunct cryptocurrency exchange Mt. Gox has started payments to rehabilitation creditors as part of its rehabilitation plan. More than 10 years after its collapse, Mt Gox creditors are finally getting paid back.

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Gemini inks exclusive deal with Real Bedford FC 

The club, co-owned by Peter McCormack and backed by the Winklevoss twins, will receive payments in Bitcoin as part of the deal. Gemini, the well-known cryptocurrency exchange, just announced a five-year sponsorship deal with Real Bedford, a football club in…

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Coinbase will not support Ocean-Fetch.ai migration in AI token merger

Coinbase has announced that the crypto exchange will not support the Ocean (OCEAN) and Fetch. ai (FET) token migration as part of the project’s merger into the Artificial Superintelligence Alliance (ASI).

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Standard Chartered set to offer direct BTC and ETH trading in London

Standard Chartered is set to launch a spot trading desk for buying and selling bitcoin and ETH, according to a report by Bloomberg on Friday. This new initiative will be based in London and will operate as part of the bank’s foreign exchange (FX) trading unit.

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SEC Wins Case Against Crypto Influencer Ian Balina For Securities Laws Violation

On Wednesday, a Texas federal court judge ruled in favor of the US Securities and Exchange Commission (SEC) in the case against crypto influencer Ian Balina. The case is part of the Sparkster saga that started in 2018.

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