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Judge Grants 60-Day Pause in Binance-SEC Legal Battle Amid New Regulatory Task Force

U.S. District Court grants 60-day pause in SEC vs Binance litigation until April 14, 2025. New SEC crypto task force, led by Commissioner Hester Peirce,...

Michigan Legislators Propose Bill to Create State Bitcoin Reserve and Lending Program

Michigan joins 19 other states in proposing legislation for state-level Bitcoin reserves. House Bill 4087 aims to modify the state's Management and Budget Act to...

Elon Musk’s Social Platform Expected to Launch Crypto Payment Features by 2025

X platform aims to implement cryptocurrency payment options by the end of 2025, expanding its financial services portfolio. Fireblocks executive confirms X Money's preparations for...

SEC Reviews NYSE Arca’s Grayscale XRP Trust ETF Proposal, Begins Evaluation Period

SEC published NYSE Arca's proposal for Grayscale XRP Trust listing, initiating a potential 240-day review period. The $16.1 million trust would utilize Coinbase Custody and...

Coinbase Shatters Expectations with $1.29B Profit in Q4 2023

Coinbase achieved $1.29 billion in net income for Q4 2023, marking its most profitable quarter in over a year. Total revenue reached $2.3 billion, representing...

New Open-Source AI Model Matches China’s DeepSeek with 85% Less Training Data

OpenThinker-32B achieves 90.6% accuracy on MATH500, surpassing DeepSeek's 89.4% with significantly less training data. The model demonstrates superior efficiency, requiring only 114,000 training examples compared...

Coinbase Smashes Q4 Expectations With 138% Revenue Surge Amid Trump-Driven Crypto Rally

Coinbase revenue surged 138% year-over-year to $2.27 billion in Q4, significantly exceeding analyst expectations of $1.84 billion. Trading volume reached $439 billion, representing a 185%...

Top SDNY Prosecutor Resigns After DOJ Halts NYC Mayor Adams Corruption Case

Acting US Attorney Danielle Sassoon resigned after being directed to halt corruption case against NYC Mayor. The directive came from a Trump-appointed Justice Department official,...

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Binance Shuts Down Mining Pool and Cloud Mining Services Nov. 10

Binance will discontinue its mining pool and related services at 07:00 UTC on Nov. 10.Miners must switch pools and...

FTC spares Kalshi, Polymarket in sports gambling probe

The FTC probe into deceptive practices in online sports gambling will target sportsbooks like DraftKings and FanDuel, not prediction...

Norway Fines Microsoft’s Xandr $9.6M Over Grindr Data

Norway's Data Protection Authority fined Microsoft's Xandr €8.6 million ($9.62 million) for illegally sharing Grindr users' sensitive data, including...

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ECB Explores a blockchain for settlement of banking transactions

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