WASHINGTON, D.C. — Within hours of the announcement that he’d started as the crypto counselor for Treasury Secretary Scott Bessent, former Galaxy Digital lawyer Tyler Williams was addressing a private digital assets event in Washington, D.C., telling the crowd that helping Congress get stablecoin legislation across the goal line is a worthy opening effort. “Be … Read more
The U.S. Securities and Exchange Commission (SEC) is officially washing its hands of memecoins. The federal securities regulator said that memecoins — which it defined as a “type of crypto asset inspired by internet memes, characters, current events or trends for which the promoter seeks to attract an enthusiastic online community to purchase the memecoin … Read more
Crypto crime was rife in 2024 despite it being a landmark year for institutional adoption. A report by blockchain security firm Chainalysis reveals that $40 billion was received by illicit addresses. The $40 billion is an estimate that will rise throughout 2025 as more details around historical crimes emerge. The illicit crypto in question can … Read more
The January bursting of a massive speculative bubble in memecoins by itself seemed good enough reason for the general crypto market selloff of the past several weeks. The declines sped up in a big way this week, though, in part thanks to growing risk-off sentiment in the previously perky stock market. Down more than 2% … Read more
The decentralized perpetual futures trading sector has a new leader: Hyperliquid (HYPE). Launched in December 2024, Hyperliquid has its own Layer-1 blockchain, which has surpassed Solana in 7-day fees. What’s fueling its rapid growth, and how does HYPE compare relative to Solana’s native token SOL (SOL)? Protocols ranked by 7-day fees, USD. Source: DefiLlama Hyperliquid’s … Read more
Every successful crypto conference needs a Hackathon to showcase the ideas and projects that will usher in the next wave of Web3 ideas. Consensus Hong Kong—organized by EasyA, the start-up for developers—did just that and brought in hundreds of competitors to highlight the projects that look to take the industry to the next level. EasyA’s … Read more
Blockchain and Crypto have a complicated status in China: Beijing says no to crypto but yes to blockchain. It bans trading yet builds infrastructure. Now, with Hong Kong offering regulated crypto markets, insiders say a loophole is emerging. If China already allows investors to buy U.S. stocks through its Qualified Domestic Institutional Investor (QDII) program, … Read more
Rebecca Liao, co-founder and CEO of layer-1 blockchain Saga, believes that digital assets began as a bipartisan issue but gravitated toward the Republican Party in the last election cycle due to the previous administration’s anti-crypto policies. In an interview with Cointelegraph’s Turner Wright during the ETHDenver Conference, Liao pointed to the Securities and Exchange Commission’s … Read more
The US Securities and Exchange Commission has officially dismissed its lawsuit with Coinbase on Feb. 27, filings show, ending the case permanently. The exchange announced an agreement to end the legal dispute on Feb. 21. ”It is hereby stipulated and agreed by and between the parties and/or their respective counsel(s) that the above-captioned action is … Read more
Coinbase has been freed from its protracted legal battle with the U.S. Securities and Exchange Commission as the agency agreed to drop the case that’s been among the industry’s core fights in federal court. Though the SEC’s intention to agree to shut down the legal dispute had already gone public when the U.S. crypto exchange … Read more