Crypto news

Brian Brooks adds extensive crypto and financial expertise to the board. MicroStrategy joined Nasdaq-100, strengthening its Bitcoin-focused approach. MicroStrategy is a business intelligence company focused on Bitcoin and has now added three new members to its board of directors. On December 20, the company appointed Brian Brooks, former CEO of Binance.US, along with Jane Dietze and Gregg Winiarski, to the board. This move aligns with the company’s efforts to establish a strong...

Bo Hines appointed Executive Director of Crypto Council, leading efforts to shape digital asset policies and foster industry growth. In a major development, Elected president Donald Trump has announced the formation of the “Crypto Council.” The new group will play a role in determining policies for the sector of digital assets. On December 22, Trump confirmed the news in a post on Truth Social. David Sacks will work alongside Bo Hines as the newly appointed AI and Crypto Czar. The Crypto...

[PRESS RELEASE – Paris, France, December 23rd, 2024] Usual, the decentralized stablecoin protocol, announces a $10M Series A funding round led by Binance Labs and Kraken Ventures, with participation from Galaxy Ventures, Guy from Ethena, Ondo, Coinbase Ventures, IOSG Ventures, OKX Ventures, Wintermute, Echo, Fasanara Digital, Symbolic Capital, Amber, GSR, Psalion, Hypersphere Ventures, Avid3, FunFair Ventures, Leadblock Partners, Phaedrus, JPEG Trading, White Loop Capital,...

[PRESS RELEASE – San Jose, Costa Rica, December 23rd, 2024] Winna.com, a crypto-focused casino gaming platform launched in the summer of 2024, has successfully raised $15 million in a seed funding round, as first reported by Crunchbase. The investment will support Winna.com in enhancing its product offerings and accelerating its growth. The platform already boasts a thriving community of over 10,000 active players, signaling strong early traction in the competitive online...

SEC penalizes Tai Mo Shan for falsely fixing TerraUSD’s $1 peg. The settlement includes a $123M punishment, emphasizing tougher crypto market oversight. The U.S. Securities and Exchange Commission imposed a $123 million fine on Tai Mo Shan Ltd., a subsidiary of Jump Crypto, for misleading investors about the stability of TerraUSD. This algorithmic stablecoin, issued by Terraform Labs, collapsed in May 2022. It brought about a catastrophic loss of $40 billion in investor assets. According to...

Days after Binance introduced its pre-listing token selection pool, Binance Alpha, it launched 29 tokens with mixed performances. Data shared by crypto analysts Sankin shows that out of the listed cryptocurrencies, 17 have seen their values increase while 12 experienced declines. Small-Cap Tokens Lead the Pack In a December 23 post on X, Sankin noted a trend where smaller market-cap assets generally performed better than their larger counterparts. Those with fully diluted...

Beverly Hills men Gabriel Hay and Gavin Mayo face charges for defrauding investors out of $22 million in crypto scam. A Beverly Hills man and another individual have been charged for allegedly defrauding investors out of over $22 million in cryptocurrency. Gabriel Hay, 23, from Beverly Hills, and Gavin Mayo, 23, of Thousand Oaks, face multiple charges. Such charges include conspiracy to commit wire fraud, actual wire fraud and stalking charges. The indictment was unsealed on Friday according...

The growing speculation surrounding a potential presidential pardon for Sam Bankman-Fried (SBF) has been fueled by high-profile figures and shifting political tides. A major Trump ally, Elon Musk, for one, will be “shocked” if US President Joe Biden does not grant an early pardon to the disgraced former CEO of FTX. Crypto, Politics, and Pardons Bankman-Fried, who was convicted in November 2023 on seven charges, including fraud and embezzlement, is currently serving a 25-year...

Coinbase report highlights stablecoins’ growth, predicting $3 trillion market cap, driving faster, cheaper global payments beyond trading. Coinbase recently released its crypto market outlook for 2025, highlighting five key areas. First, stablecoins have become a major force in the crypto world. Their market capitalization increased by 48% in 2024 to $193 billion. According to experts, this number could reach $3 trillion by the end of the next five years. This trend will continue as more...

San Jose, Costa Rica, December 23rd, 2024, Chainwire Winna.com, a crypto-focused casino gaming platform launched in the summer of 2024, has successfully raised $15 million in a seed funding round, as first reported by Crunchbase. The investment will support Winna.com in enhancing its product offerings and accelerating its growth. The platform already boasts a thriving community of over 10,000 active players, signaling strong early traction in the competitive online gambling space....