Steve Kurz, Global Head of Asset Management at Galaxy Digital, has painted an optimistic picture for Bitcoin and the broader cryptocurrency market, declaring that the U.S. government’s crackdown on crypto is “officially over.” On CNBC’s Fast Money, Kurz discussed the growing institutional interest in crypto and its evolving regulatory environment ...
Self-custodial cryptocurrency wallet provider Tangem has been granted a United States patent for its innovative private key backup technology to enhance security and usability for crypto users. The United States Patent and Trademark Office (USPTO) issued the patent on January 28, covering Tangem’s proprietary method for transferring private keys via ...
KuCoin has admitted to violating U.S. anti-money laundering and KYC regulations, pleading guilty to running an unlicensed money-transmitting business. The company has been fined $297 million and must suspend its U.S. operations for at least two years. In an official statement from the U.S. Attorney’s Office for the Southern District ...
Some prominent crypto influencers are under fire after amplifying what was revealed to be a fraudulent XRP wallet allegedly linked to the U.S. Treasury. The scam gained widespread attention on X before being debunked through on-chain analysis. 🚨The U.S. Treasury has just created an #XRP wallet! Is this real?? 👀 ...
Crypto.com has introduced a new platform tailored for institutional investors in the United States. Announced on January 21, the platform aims to expand the Singapore-based exchange's presence in the U.S. by offering advanced tools designed for institutional trading. This platform complements the existing Crypto.com App, which caters primarily to retail ...
President-elect Donald Trump appears poised to fulfil his campaign promises to the cryptocurrency sector, with multiple reports indicating that his administration will prioritize digital assets shortly after his inauguration on January 20, 2025. According to a Bloomberg report citing sources familiar with the discussions, Trump plans to issue an executive ...
Robinhood has reached a $45 million settlement with the U.S. SEC due to over 10 violations of securities laws. The settlement affects its broker-dealer subsidiaries, Robinhood Securities LLC and Robinhood Financial LLC. On January 13, the SEC released a statement revealing that two entities associated with Robinhood failed to comply ...
The U.S. Department of Justice (DOJ) plans to sell 69,370 Bitcoin (BTC), valued at over $6.5 billion, seized from the Silk Road darknet marketplace. This decision comes after a court ruling on December 30, which concluded a lengthy legal dispute with Battle Born Investments, a party claiming ownership of the ...
Bitcoin miners in the U.S. are accumulating cryptocurrency to cope with narrow profit margins and increasing competition for resources, according to a report from the Financial Times. Companies like Marathon Digital, Riot Platforms, and CleanSpark have raised over $3.7 billion since November 2024 by issuing zero- or near-zero-coupon convertible bonds, ...
Hunter Horsley, CEO of Bitwise Asset Management, has highlighted the potential for the economic policies of the incoming Donald Trump administration in the United States to influence the cryptocurrency industry significantly. In a recent tweet, Horsley pointed out that the potential deregulation of mergers and acquisitions under the Trump administration ...
