Binance Secured Over $73M in Stolen Funds from Hacks in 2024
Binance successfully recovered or froze over $73 million stolen in external hacks by July 31, 2024, exceeding last year’s total.
Regulation
Bank of England Follows Europe and Canada by Cutting Interest Rates, Will the Fed Join?
The Bank of England lowered rates from 5.25% to 5%, following the ECB and Bank of Canada. The question remains if the Federal Reserve will follow suit.
Ripple v SEC Lawsuit Resolution Incoming? CEO Brad Garlinghouse Chips in
Ripple CEO Brad Garlinghouse shares thoughts on the possible resolution of the SEC lawsuit, impacting XRP and the crypto industry.
Trump’s Crypto Pivot Wins Over 13% of Formerly Skeptical Republican Voters: Paradigm Poll
Trump’s pro-Bitcoin mining stance shifted 13% of skeptical Republican voters positively. A key insight into US crypto regulation trends.
Circle’s USDC Emerges as Top Beneficiary of EU’s Push for Compliant Stablecoins
In 2024, USDC trading volume soared to $23 billion following the MiCA regulation. USDC emerged as the main beneficiary of increased demand for compliant stablecoins.
KuCoin Introduces 7.5% Tax on Fees for Nigerian Users
KuCoin will charge a 7.5% transaction fee tax for Nigerian users from July 8 to comply with new regulations.
Ripple (XRP) v. SEC Lawsuit Update June 14th: Company Lawyer Says $10 Million Fine is Appropriate
Ripple’s legal team believes a $10 million fine is appropriate compared to the SEC’s proposed $2 billion penalty.
SEC Deadline: Ethereum ETF Issuers Must Submit Draft S-1 Forms Today
The SEC set a deadline for Ethereum ETF issuers to submit revised S-1 forms today, May 31. This marks a key milestone for spot Ethereum ETFs.
Important Ripple v. SEC Lawsuit Update May 30: Details
The Ripple vs SEC legal battle continues with significant new developments. Learn the latest details and their impact on the cryptocurrency market.
Incognito Market Owner Arrested After FBI Tracked Crypto Transactions
The owner of Incognito Market, a darknet drug marketplace, was arrested after the FBI tracked crypto transactions exceeding $100 million.