Tag: crypto
FTX Starts Repaying Creditors After Two-Year Wait
FTX will repay creditors $14.7-16.5 billion under a Chapter 11 deal. The company will settle smaller claims under $50,000 within 60 days. FTX is now…
California Resident Sues Asian Banks Over Crypto Scam
A California victim wants $3M in damages, alleging bank negligence. Crypto scams caused $28M in losses in 2024, representing a 72% increase. California’s Ken Liem…
AI Agent Coins Poised to Surpass Memecoins Soon
AI tokens are rapidly growing, with a market cap of $49B, a 14.9% increase. Solaxy intends to resolve network challenges for Solana’s AI agents. The…
Indonesia Races to Meet Crypto Oversight Deadline
Regulations have postponed the transfer of crypto oversight to OJK. OJK and Bappebti are preparing for transition despite regulatory limitations. Indonesia’s grand plan is facing…
KuCoin Unveils KuCoin Pay Transforming Crypto Payments
KuCoin Pay offers global crypto transactions that are both seamless and low-cost. Businesses receive access to KuCoin’s 37M+ users for a greater reach. KuCoin introduces…
DEX Trading Volume Hits $320 Billion Milestone December
In December, DEX trading volumes reached a record $320.5 billion. CEX spot trading reached $2.8 trillion, indicating robust investor activity. In December, the cryptocurrency market…
South Korea Delays Corporate Crypto Investment Ban Until 2025
South Korea postpones business cryptocurrency investment decision until 2025. FSC will host meetings in January to examine future crypto policy changes. South Korea’s FSC has…
Germany’s Ex-Finance Minister Advocates ECB Bitcoin Reserves
Lindner calls for Bitcoin adoption in central bank reserves. Germany risks falling behind on global cryptocurrency trends. Former German finance minister Christian Lindner has demanded…
Franklin Templeton Predicts U.S. Regulators Will Lead Crypto Innovation in 2025
Franklin Templeton predicts U.S. regulators will drive crypto innovation, with Bitcoin and DeFi growing through stablecoins and blockchain integration. Franklin Templeton Digital Assets has released…
