A federal appeals court in Texas has overturned sanctions levied against Tornado Cash, a cryptocurrency mixing platform, determining that the Treasury Department acted beyond its lawful authority.
Court Rebukes Treasury Department Overreach in Tornado Cash Case
On Jan. 21, 2025, the Fifth Circuit Court of Appeals delivered its ruling, responding to a lawsuit filed by six individuals who claimed…
Coinbase CEO: Exchange Will Delist USDT if Authorities Demand It
January 23, 2025
Coinbase CEO recently stated that his exchange would delist Tether’s USDT if authorities demand it or if Tether fails to comply with new US laws.
New Stablecoin Regulations on Horizon
Coinbase Global CEO Brian Armstrong has said his cryptocurrency exchange would have no…
South African Central Bank Chief Criticizes Crypto Lobbying Efforts, Warns of Regulatory Capture
January 23, 2025
Lesetja Kganyago, governor of the South African Reserve Bank, criticized crypto lobbyists at the World Economic Forum in Davos for pushing countries to add Bitcoin to their reserves.
South Africa Central Bank Chief Questions Lobbyists’ Focus on Bitcoin
The governor of the…
The Ethereum Foundation has announced the creation of a new multi-signature wallet using the Safenet platform to enhance its treasury operations and facilitate participation in the decentralized finance (defi) ecosystem.
Ethereum Foundation Begins Transition to Safe Multisig Wallet
The wallet, which operates on a 3-of-5 multi-signature wallet, is located at address “0x9fC”. A transaction has…
On Monday, following Donald Trump’s inauguration and address—an event that made no mention of bitcoin or crypto assets—the cryptocurrency market experienced a pullback. Bitcoin fell 5.7% from its all-time high (ATH) of $109,356 recorded on Jan. 20, slipping to $103,092…
Former Coinbase CTO Balaji Srinivasan Rails Against Memecoins, Calls Them 'Zero-Sum Lottery'
January 21, 2025
Former Coinbase CTO Balaji Srinivasan criticized memecoins, calling them a “zero-sum lottery” that creates no wealth.
Users Told to Invest Only What They Can Afford to Lose
Former Coinbase chief technology officer Balaji Srinivasan has criticized memecoins, calling them…
Coinbase now lets users borrow up to $100,000 in USDC without selling bitcoin, offering flexible repayment, tax advantages, and instant access to funds via its streamlined platform.
Borrow USDC Without Selling Bitcoin: Coinbase Introduces New Loan Feature
Crypto exchange Coinbase (Nasdaq: COIN) announced on Thursday the introduction of bitcoin-backed loans, enabling customers to borrow stablecoin…
South Korea has cracked down on a pump-and-dump scheme, accusing a suspect of rapid price manipulation under the country’s new crypto regulatory framework.
New Crypto Law in Action: Suspect Accused of Rapid Price Manipulation
South Korea’s Financial Services Commission…
Malaysia's PM Discusses Crypto With Binance's CZ — Shaping Policies to Stay Competitive
January 17, 2025
Malaysia’s prime minister, after discussions with Binance’s CZ, is urging swift action on blockchain regulations and collaborations to modernize the nation’s financial systems.
Malaysia Won’t Be Left Behind: PM Anwar Discusses Crypto and Blockchain With Binance’s…
A new study found that typical Kenyan crypto users to be under 40. Kenyans not only trade cryptocurrencies but use them for investment and as a hedge against inflation.
Kenya Seeks IMF Assistance
According to a study by a Kenyan Technical Working Group, Kenyan residents continue to trade cryptocurrencies despite repeated warnings from the central bank. The study, conducted in conjunction with the…
