US Senate overturns SECs anti-crypto resolution, but will Biden veto? Law Decoded

The U.S. president remains the last barrier to recalling the problematic anti-crypto resolution by the SEC.

View Details

Trump signs resolution abolishing IRS DeFi broker regulation

President Trump has recently signed a resolution that effectively eliminates a controversial IRS rule related to decentralized finance (DeFi) brokers. This move comes as a relief to many in the DeFi community who have been concerned about the potential impact of the rule on their operations. The IRS rule in question required brokers to report [...]

The post Trump signs resolution abolishing IRS DeFi broker regulation appeared first on Crypto Breaking News.

View Details

Concerns Arise Over SLERFs Choice Of LBank Amidst Market Volatility

The decision by the recently popular memecoin SLERF to select LBank Exchange as its custodian for the donation address has raised eyebrows within the crypto community. LBank has faced serious allegations of misappropriating user funds in the past, casting doubt on its reliability as a custodian.  The recently popular MEMECOIN […]

View Details

Bankruptcy Tussle Between Crypto Firms FTX and Genesis Nears Resolution 

The long-standing legal feud between FTX Trading and Genesis Global Holdco is taking a turn towards resolution. The two parties have reached an initial agreement, in principle, following bankruptcy protection disputes that have made industry headlines. An official letter to the bankruptcy judge representing their cases has affirmed the intent of the firms to put [...]

The post Bankruptcy Tussle Between Crypto Firms FTX and Genesis Nears Resolution  appeared first on Crypto Breaking News.

View Details

Dash Block Production Resumes After Disruption Amidst Miner Complaints

After experiencing a disruption while attempting to upgrade the Dash blockchain, the network has now resumed block production. As of the time of writing, 552 blocks have been confirmed since the incident. Despite the onchain resolution provided by Dash Core 19.1.0, individuals have expressed complaints regarding mining on a different chain. Complaints Arise as Dash [...]

The post Dash Block Production Resumes After Disruption Amidst Miner Complaints appeared first on Crypto Breaking News.

View Details

Texas Lawmaker Launches Resolution to Protect Bitcoin Investors, Support BTC Economy

A legislative proposal has been introduced to support the bitcoin economy in the U.S. state of Texas. “The individuals who own bitcoin should be protected” under the Texas Constitution, the proposal describes. “No citizen of Texas shall ever be deprived of their right to own bitcoin and that all bitcoin owners will be protected as [...]

The post Texas Lawmaker Launches Resolution to Protect Bitcoin Investors, Support BTC Economy appeared first on Crypto Breaking News.

View Details

Crypto firms tout ‘fictitious’ regulatory stamps, Canadian regulator warns

Canadian citizens are being advised to double-check crypto trading service providers as they may be using “fictitious” regulatory bodies to boost their credibility. According to a June 20 Investor Alert from the Canadian Securities Administrators (CSA) some “purported” crypto platforms are claiming to be approved by certain regulatory authorities or dispute resolution organizations in “an [...]

The post Crypto firms tout ‘fictitious’ regulatory stamps, Canadian regulator warns appeared first on Crypto Breaking News.

View Details

NY Regulators Seize Control of Signature Bank, Depositors Assured by Federal Bailout

On Sunday, the New York Department of Financial Services, or DFS, announced that it had taken possession of Signature Bank. The DFS appointed the Federal Deposit Insurance Corporation, or FDIC, as the receiver of the bank. In a joint statement, the U.S. Federal Reserve, Treasury Department, and FDIC explained that all Signature depositors would be [...]

The post NY Regulators Seize Control of Signature Bank, Depositors Assured by Federal Bailout appeared first on Crypto Breaking News.

View Details

US Regulators Close Silicon Valley Bank in One of the Largest Bank Failures Since Washington Mutual

After Silicon Valley Bank (SVB) experienced financial turmoil, the U.S. Federal Deposit Insurance Corporation (FDIC) and the California Department of Financial Protection and Innovation closed the financial institution. Insured depositors can withdraw their funds on Monday after the FDIC took over the failed bank. Federally Insured Depositors to Withdraw Funds on Monday, Uncertainty Looms for [...]

The post US Regulators Close Silicon Valley Bank in One of the Largest Bank Failures Since Washington Mutual appeared first on Crypto Breaking News.

View Details

ZetaChains $ZETA Token Surges 180% Since Launch, Faces Recent Decline

The native cryptocurrency of ZetaChain, $ZETA, has garnered significant attention within the cryptocurrency market, experiencing a remarkable surge of over 180% since its inception.  However, recent trends indicate a decline of more than 13% in its value and a notable 47% decrease in its 24-hour trading volume, prompting discussions among […]

View Details

SEC Requests Pause in Lawsuit for Potential Resolution with Justin Sun

The Securities and Exchange Commission (SEC) has requested a stay in the case involving Justin Sun, seeking a potential resolution. The SEC’s move comes amid ongoing legal proceedings related to Sun’s activities in the cryptocurrency industry. Sun, a prominent figure in the crypto space and founder of TRON, has been embroiled in a legal battle [...]

The post SEC Requests Pause in Lawsuit for Potential Resolution with Justin Sun appeared first on Crypto Breaking News.

View Details

BITCOIN CASH PRICE ANALYSIS & PREDICTION (February 12) BCH Continues To Squeeze Despite Latest Market Bounce, But Remains Bullish

Bitcoin Cashs BCH volatility remains low despite the latest increase across the crypto space. It continues to gather momentum as trading stalled under $300 for months. However, it is still looking bullish on a monthly chart. After bouncing off $220 last month, BCH faced resistance at $244 and pulled back […]

View Details

South Koreas Cryptocurrency Market Sees Rapid Growth With Surge In Trading And Stablecoin Use

In the first half of 2024, the number of cryptocurrency investors in South Korea soared to 7.78 million, marking a 21% increase from the latter half of 2023, according to an official report. The average daily trading volume also saw a dramatic rise, jumping from $2.61 billion to an impressive […]

View Details

Arbitrum DAO gains unanimous support for BoLD protocol upgrade

The BoLD upgrade enables anyone to participate in securing the network, removing centralized validator restrictions.

View Details