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Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today in crypto, US President Donald Trump announced a 90-day tariff pause for certain countries, excluding China, where tariffs have been increased to 125%. The geopolitical turmoil…
Institutional investors are eyeing DeFi, but security and compliance must improve to build trust and attract big players. Opinion by: Sergej Kunz, co-founder of 1inch Institutional players have been closely watching decentralized finance’s growth. Creating secure and compliant DeFi platforms is the only solution to build trust and attract more institutions. Over the past four…
Kraken’s Mastercard crypto debit cards will be available in the coming weeks, with clients currently joining a waitlist for the product. Cryptocurrency exchange Kraken has partnered with Mastercard to issue crypto debit cards across the United Kingdom and Europe, the company announced on April 8. The partnership will enable the crypto exchange to expand its…
As the crypto industry grows and ties in with traditional markets, sharp price falls could increasingly disrupt the broader market, says ESMA executive director Natasha Cazenave. The European Securities and Markets Authority (ESMA) has warned that crypto will increasingly threaten traditional financial markets’ stability as the industry grows and becomes more entwined with traditional finance…
The US Department of Justice has reportedly disbanded the Biden-era National Cryptocurrency Enforcement Team. The United States Department of Justice (DOJ) is reportedly disbanding the National Cryptocurrency Enforcement Team (NCET). NCET’s disbandment was noted in a four-page memo by United States Deputy General Todd Blanche, according to a Fortune journalist who claims to have seen…
The Australian securities regulator’s application to close 95 “hydra” firms believed to be running crypto trading and romance scams has been approved by the Federal Court of Australia. Australia’s corporate watchdog has been given the nod to shut down 95 “hydra” companies that it suspects engaged in crypto investment and romance scams, known as “pig…
Crypto lawyer James Murphy has sued the US Department of Homeland Security to force the agency into disclosing whom it believes is Bitcoin’s creator, Satoshi Nakamoto. Update: April 8 at 1:01am UTC: This article has been updated to include James Murphy’s responses to two questions from Cointelegraph. A crypto lawyer has sued the US Department…
Hong Kong’s Securities and Futures Commission has introduced new crypto staking rules as part of its broader effort to position the city as a leading Web3 hub. Hong Kong’s Securities and Futures Commission (SFC) has introduced new guidelines for crypto exchanges offering staking services. In an April 7 announcement, the SFC announced new guidelines for…
Lawmakers, developers, and investors increasingly see stablecoins as a way to protect the US dollar’s global reserve currency status. Stablecoins are the single best tool for the United States government to maintain the US dollar’s hegemony in global financial markets, according to LayerZero Labs CEO and founder Bryan Pellegrino. In an interview with Cointelegraph, the…
Nearly 400,000 FTX users risk losing $2.5 billion in crypto repayments unless they complete KYC verification before the extended June 1 deadline. Nearly 400,000 creditors of the bankrupt cryptocurrency exchange FTX risk missing out on $2.5 billion in repayments after failing to begin the mandatory Know Your Customer (KYC) verification process. Roughly 392,000 FTX creditors…