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A growing coalition of U.S. lawmakers is moving to repeal the controversial DeFi broker rule, a regulation that many in the crypto industry argue threatens innovation and imposes unrealistic compliance burdens on decentralized finance (DeFi) protocols. The proposed rollback comes amid increasing concerns that the rule could stifle growth, drive developers offshore, and hinder financial freedom in the U.S. crypto …

In a surprising turn, the U.S. Securities and Exchange Commission (SEC) appears to be scaling back its aggressive enforcement campaigns against the crypto industry, marking a potential shift in regulatory approach. The change comes as Gemini, the crypto exchange founded by the Winklevoss twins, confirms that it has noticed a more measured stance from the agency in recent dealings. Is …

The founder of Gotbit, a controversial crypto market-making firm, has been extradited to the United States to face market manipulation and fraud charges, marking a significant crackdown on alleged illicit trading practices in the crypto industry. The extradition underscores growing regulatory efforts to curb fraudulent activities that artificially inflate token prices and mislead investors. Gotbit’s Alleged Role in Market Manipulation …

While the broader crypto market faces a downturn, Story (IP) has emerged as a standout performer, surging against the trend and capturing investor attention. As major cryptocurrencies like Bitcoin and Ethereum struggle with sell-offs, Story’s resilience has sparked speculation about how high it could climb in 2025. Story (IP)’s Impressive Rally Over the past few weeks, Story (IP) has defied …

Russian authorities have intensified their crackdown on illicit cryptocurrency mining after a wave of power outages hit a rural village, allegedly caused by underground mining operations. The Federal Security Service (FSB), along with local law enforcement, raided multiple locations and seized hundreds of mining rigs, blaming the unauthorized activity for straining the regional power grid. Illegal Mining Sparks Outages in …