Cryptocurrency News

29 January

Sony Kicks Off 4-Week Push to Onboard New Users to Soneium Blockchain

Sony has launched an ambitious four-week campaign aimed at bringing new users to its innovative Soneium Blockchain platform. The initiative marks a significant step in Sony’s strategy to expand its footprint in the blockchain and Web3 space, offering users a range of exciting features and opportunities to engage with decentralized technology. What is Soneium Blockchain? Launched by Sony as part …

29 January

Cboe Revives Solana ETF Push: Exchange Resubmits Filings for U.S. Approval

In a renewed bid to bring Solana-based exchange-traded funds (ETFs) to the U.S. market, the Cboe BZX Exchange has resubmitted filings for four asset managers seeking regulatory approval. This move signals growing institutional interest in Solana (SOL) as a major crypto asset, alongside the increasing demand for diversified crypto investment vehicles. The Race for a Solana ETF While Bitcoin ETFs …

29 January

Digital Ruble Takes Flight: Moscow Tests CBDC for Budget Payments

Russia has taken a significant step in its digital finance transformation as Moscow begins piloting the use of the digital ruble (CBDC) for budgetary payments. This marks a pivotal moment in the country’s push for a central bank digital currency (CBDC), as authorities seek to modernize financial transactions, increase efficiency, and reduce reliance on traditional banking systems. The Digital Ruble: …

29 January

South Korea Cracks Down: Prosecutors Launch Dedicated Crypto Crime Unit

In a major step toward strengthening oversight of the cryptocurrency industry, South Korean prosecutors are set to formalize a specialized crypto crime unit aimed at tackling fraud, market manipulation, and illicit activities in the digital asset space. The move reflects the country’s growing commitment to regulating the crypto sector amid rising concerns over financial crimes tied to digital currencies. Why …

29 January

Coinbase Expands: Crypto Giant Secures Green Light in Argentina

Coinbase, one of the world’s leading cryptocurrency exchanges, has officially secured regulatory approval to launch its operations in Argentina. This strategic expansion marks a significant milestone for the company as it seeks to strengthen its presence in Latin America’s growing crypto economy. Argentina: A Crypto Hotspot Argentina has emerged as a key market for digital assets, fueled by high inflation …

29 January

French Authorities Launch Money Laundering Probe Into Binance

In a major development for the cryptocurrency industry, French authorities have launched a formal money laundering investigation into Binance, one of the world’s largest cryptocurrency exchanges. This investigation comes amid growing concerns about the platform’s potential involvement in illicit financial activities, including money laundering and other regulatory violations. What Prompted the Investigation? The French Financial Markets Authority (AMF) and other …

29 January

PolitiFi Tokens Now Mirror Voter Behavior and Political Viability: Study

A groundbreaking study has revealed that PolitiFi tokens, a novel form of digital asset tied to political engagement, now have the ability to mirror voter behavior and the political viability of candidates. The study, conducted by leading political analysts and blockchain experts, highlights how these tokens are reshaping the political landscape, offering new ways for citizens to interact with politics, …

29 January

Jim Cramer Calls Bitcoin ‘A Great Addition to Your Portfolio’

In a surprising turn of events, Jim Cramer, the outspoken host of CNBC’s “Mad Money”, has praised Bitcoin, calling it “a great thing to add to your portfolio.” This marks a significant shift in the financial personality’s stance on cryptocurrencies, as he has been known to express skepticism about digital assets in the past. Cramer’s endorsement highlights growing mainstream acceptance …

29 January

DraftKings & NFLPA Settle NFT Likeness Battle: A Game-Changing Deal

In a landmark resolution for the sports and digital collectibles industry, DraftKings has reached a settlement with the NFL Players Association (NFLPA) over a dispute regarding the use of player likenesses in non-fungible tokens (NFTs). The agreement puts an end to the legal battle that had raised concerns over intellectual property rights in the booming NFT marketplace. The Dispute: NFTs …

28 January

KuCoin Fined $300M After Guilty Plea in U.S. Unlicensed Operations Case

In a major legal development for the cryptocurrency sector, KuCoin, one of the world’s leading crypto exchanges, has pleaded guilty to charges of operating in the United States without proper licensing. The exchange has agreed to a staggering $300 million fine as part of a settlement with U.S. regulators, marking one of the largest penalties ever imposed on a crypto …