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House Democrats on Wednesday requested that the U.S. Treasury Department provide details of any suspicious financial activity related to cryptocurrency projects backed by President Donald Trump.In a letter to Treasury Secretary Scott Bessent, the Democrats asked the department to "make available to …
Digital asset prime broker FalconX has entered a strategic partnership with Standard Chartered to strengthen its crypto offerings for institutional clients."Standard Chartered will provide a comprehensive suite of banking services to FalconX globally, further strengthening the platform's offerings f…
Pro-crypto Republican Sens. Cynthia Lummis and Bernie Moreno say a tax provision could have unintended consequences for companies holding digital assets and have asked the Treasury Department to step in. In a letter sent on Tuesday by the two lawmakers to Treasury Secretary Scott Bessent, Lummis and…
PumpSwap, the decentralized exchange tied to the Solana-based memecoin launchpad Pump.Fun, launched a creator revenue-sharing program. This move allocates 50% of PumpSwap's trading revenue to token creators, according to the project.This translates to a 0.05% (5 basis points) payout in Solana (SOL) …
Jeffy Yu, co-founder of the relatively obscure AI-driven memecoin project Zerebro, was reportedly found alive at his parents' house just days after his apparently staged death, according to The San Francisco Standard.Standing outside a two-story home in the San Francisco neighborhood of Crocker-Amaz…
The cryptocurrency exchange Coinbase will offer 24/7 Bitcoin and Ethereum futures trading starting Friday, according to a company release.Coinbase Derivatives, the firm's CFTC-regulated derivatives arm, will enable the round-the-clock futures contracts trading for both retail and institutional users…
U.S. Treasury Secretary Scott Bessent lambasted the Senate's decision on Thursday to halt the progress of the GENIUS Act amid rising tensions over President Trump's increasing crypto involvement and concerns about specific aspects of the proposed stablecoin bill."For stablecoins and other digital as…
A sharp rally in Etheremu and Bitcoin's native tokens triggered a major deleveraging event Thursday, with more than $1.2 billion in positions liquidated over the past 24 hours, according to data from CoinGlass.Bitcoin surged past $100,000, while ETH jumped more than 20%, catching bearish traders off…
U.S. senators voted to not move forward for now with a bill on Thursday to regulate stablecoins following escalating tension over the past several days over President Donald Trump's crypto involvement and concerns about about the stablecoin bill specifically. The Senate voted via cloture, part of a …
Camp Network, a startup that recently closed a $30 million Series A funding round, is launching its first public testnet, according to an announcement on Thursday.The so-called K2 testnet will let developers play around with the Layer 1 blockchain, which is designed for IP management. According to …
Former Celsius CEO Alex Mashinsky was sentenced to 12 years in prison, Inner City Press reported on Thursday. Prosecutors previously said Mashinksy "orchestrated one of the biggest frauds in the crypto industry."People lost their life savings and suffered psychologically, said Judge for the U.S. Dis…
Bitcoin traded over $99,000 earlier Thursday as a mix of positive macroeconomic signals and continued growth in institutional interest pushed the cryptocurrency toward the $100,000 resistance line."This isn’t just a psychological milestone, it's a signal of growing conviction," BTC Markets' Crypto A…