Category: Crypto
Bitcoin Surges Above $100k, Ripple (XRP) Climbs Above $3 As Market Turns Green
Bitcoin briefly soars above $100,000 while altcoins like XRP, XLM, and Solana surge significantly in the last 24 hours.
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Texas Senator Files Bill to Establish First State-Level Bitcoin Strategic Reserve
The new state legislation would position Texas “at the forefront of the digital economy,” Senator Charles Schwertner noted.
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December Sets Record for Spot and Derivatives Trading on Centralized Crypto Exchanges
December marked a historic milestone for centralized crypto exchanges, achieving the highest combined spot and derivatives trading volumes ever recorded.
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U.S. Court Orders Return of 94,643 Stolen Bitcoins to Bitfinex as Part of Plea Deal
The DOJ approves the return of 94,643 Bitcoin, worth $9.3 billion, to Bitfinex following the 2016 hack that exploited its wallet system. The breach, one of the largest in crypto history, saw the recovery of 80% of stolen funds, thanks to the cooperation of those convicted in the laundering case.
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U.S. SEC to Review Cryptocurrency Cases After Trump Takes Office: Reuters
As President-elect Donald Trump prepares to take office, the U.S. Securities and Exchange Commission (SEC) signals a shift in cryptocurrency regulation. Republican commissioners Hester Peirce and Mark Uyeda are expected to lead efforts in reassessing policies, potentially easing previous enforcement actions.
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63% of Crypto Crime Now Tied to Stablecoins – Chainalysis Report
Chainalysis estimates that more than $40.9 billion flowed to illicit addresses in 2024, accounting for approximately 0.14% of all on-chain transactions.
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DPRK Hackers Stole $659M in Crypto Last Year: US Govt.
The USA, Japan and South Korea released a joint statement, detailing DPRK-linked crypto thefts and their targeted entities.
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UK Government Considers Nationwide Ban on Ransomware Payments by Critical Infrastructure Operators
The UK government has initiated a consultation to evaluate a potential ban on ransomware payments for operators of critical national infrastructure.
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SEC Sues Elon Musk Alleging Rule Violation in Twitter Stake Purchase
The SEC has accused Elon Musk of violating securities laws by failing to disclose his Twitter stake on time, allegedly enabling him to underpay by $150M for shares. The case includes scrutiny over Musk’s Tesla transactions used to fund the acquisition and allegations of broader misconduct.
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Russian Diamond Miner Jailed for ‘Sending Crypto to Ukrainian Army’
A Russian diamond mining firm employee has been jailed for sending crypto to the Ukrainian army.
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