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The SEC and Binance have agreed to pause their lawsuit for 60 days as regulators craft new crypto rules, a move that could reshape digital asset oversight in the U.S. SEC and Binance Reach Agreement to Pause Lawsuit for Regulatory Review The U.S. Securities and Exchange Commission (SEC) and defendants Binance Holdings Ltd., BAM Trading … Read more
Crypto custody platform Bitgo might be planning to go public with an initial public offering (IPO) by the second half of 2025, according to Bloomberg, which cited sources familiar with the matter. While the California-based company is already in discussions with potential advisors for the listing, it has yet to officially confirm any details regarding … Read more
A Florida man must repay over $7.6 million after deceiving investors with a fake cryptocurrency, using their funds for luxury goods instead of promised assets. Cryptocurrency Fraudster Ordered to Repay Millions A federal court has ruled that Randall Crater of Heathrow, Florida, must pay more than $7.6 million in restitution for deceiving investors through a … Read more
Fed Chair Jerome Powell has confirmed that the Federal Reserve will not pursue a central bank digital currency, backing legislative efforts and an executive order blocking its creation. Powell Shuts Down CBDC Fears With One Word Federal Reserve Chair Jerome Powell testified before the Senate Banking Committee on Feb. 11, where he responded to concerns … Read more
Federal Reserve Chair Jerome Powell has admitted a rise in de-banking cases, stating he is “struck” by the trend and pledging a “fresh look” at the issue. Powell Admits Growing Cases of De-Banking—Will the Fed Finally Take Action? Federal Reserve Chair Jerome Powell testified before the Senate Banking Committee on Feb. 11, where Senator Cynthia … Read more
Eric Council pleaded guilty to aggravated identity theft and access device fraud charges, acknowledging his involvement in the attack that caused a surge in bitcoin prices due to a fake SEC announcement of a bitcoin ETF approval. Man Pleads Guilty to ID Theft and Sim Swapping to Fake SEC Bitcoin ETF Approval Eric Council Jr., … Read more
President Trump stresses that producing the penny is “wasteful,” given that it costs more to produce than the coin’s face value. The U.S. Mint lost over $85.3 million in the last fiscal year from coining pennies. The Penny’s End? Trump Orders the Elimination of the ‘Wasteful’ Coin President Donald Trump has made a decision that … Read more
Florida is moving to integrate bitcoin into its financial strategy, with a new bill proposing the state invest public funds in cryptocurrency as a hedge against inflation. Florida Explores Bitcoin Adoption for State Reserves Florida State Senator Joe Gruters filed a bill on Friday that would allow the state’s chief financial officer to invest public … Read more
Texas is advancing plans for a strategic bitcoin reserve, aiming to strengthen its financial security, encourage community investment, and reinforce its role in digital asset innovation. Bitcoin Reserve Bill Progresses in Texas Legislature The Texas Strategic Bitcoin Reserve Act was read on Feb. 7 and referred to the Senate Finance Committee for review. Senate Bill … Read more
Kanye West revealed that he received a proposal to fake the launch of a meme coin associated with his name and later claim that his social media account was hacked. The performer stated that he rejected this offer and ceased working with the individuals involved. Ye Rejected Fake Meme Coin Hack Proposal: ‘Coins Pray on … Read more
