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US Social Security moves public comms to X amid DOGE-led job cuts — Report
12.4.2025
The US Social Security Administration (SSA) will move all public communications to the X social media platform amid sweeping workforce cuts recommended by the Department of Government Efficiency (DOGE), led by X owner Elon Musk. According to anonymous sources who spoke with WIRED, the government...
Trump exempts select tech products from tariffs, crypto to benefit?
12.4.2025
United States President Donald Trump has exempted an array of tech products including, smartphones, chips, computers, and select electronics from reciprocal tariffs, giving the tech industry a much-needed respite from trade pressures.According to the US Customs and Border Protection, storage cards...
Asia holds crypto liquidity, but US Treasurys will unlock institutional funds
12.4.2025
Opinion by: Jack Lu, CEO of BounceBitFor years, crypto has promised a more open and efficient financial system. A fundamental inefficiency remains: the disconnect between US capital markets and Asia’s liquidity hubs.The United States dominates capital formation, and its recent embrace...
CZ claps back against ‘baseless’ US plea deal allegations
12.4.2025
Changpeng “CZ” Zhao, former CEO of Binance, has denied claims that he agreed to provide evidence against Tron founder Justin Sun as part of a plea deal with the United States Department of Justice (DOJ).In an April 11 report, The Wall Street Journal cited unnamed sources alleging that...
NFT trader sells CryptoPunk after a year for nearly $10M loss
12.4.2025
An investor has sold a CryptoPunk non-fungible token (NFT) at a nearly $10 million realized loss, reflecting the continued decline in the once-booming blue-chip NFT market.A whale, or large cryptocurrency investor, sold a CryptoPunk NFT for 4,000 Ether (ETH) worth more than $6 million at the time...
Bitcoin still on track for $1.8M in 2035, says analyst
12.4.2025
Bitcoin remains on track to surpass $1.8 million by 2035 despite recent price corrections and waning investor appetite caused by ongoing global trade tensions, according to Joe Burnett, director of market research at Unchained.Speaking during Cointelegraph’s Chainreaction live show on...
SEC Publishes New Statement on Crypto Security Offerings
12.4.2025
The statement was published by the Commission’s Division of Corporate Finance which provides investors with “the information they need to make informed investment and voting decisions.” Crypto Industry Gets Clarity on Security Compliance The U.S. Securities and Exchange Commission (SEC) via...
Judge Rules Against Most of DCG’s Motion to Dismiss NYAG’s Civil Securities Fraud Suit
12.4.2025
The judge agreed to toss out two of the claims against DCG, its CEO Barry Silbert and Michael Moro, the former CEO of Genesis Global Capital, on the grounds that they were duplicative
U.S. SEC's Crypto Trading Roundtable Delves Into Easing Path for Platforms
11.4.2025
Interim SEC Chairman Mark Uyeda hints at interest in a short-term solution for overseeing crypto firms while the agency contemplates permanent rules
Helium Cleared: SEC Dismisses Unregistered Securities Claims
11.4.2025
The Securities and Exchange Commission has dismissed its claim that Nova Labs, creators of Helium, sold unregistered securities. This decision confirms that Helium Hotspots and tokens like HNT, IOT, and MOBILE are not considered securities. Legal Uncertainty Removed The U.S. Securities and Exchange...
APX Lending Secures $20M Funding Amid 'Rising Demand' for Crypto-Backed Loans in Canada
11.4.2025
APX received exemptive relief from the Canadian Securities Administrators (CSA) at the start of this month
StarkWare researchers propose smart contracts for Bitcoin with ColliderVM
11.4.2025
Sidechain developer StarkWare and Weizmann Institute of Science researchers claim to have created a workaround for multiple Bitcoin script limitations.According to a recent research paper, the new design claims to allow the deployment of complex smart contracts on Bitcoin in a more...
US Lawmakers Push for Crypto Clarity With Urgent Call to Overhaul Securities Laws
11.4.2025
In its first 2025 market structure hearing, Congress moved to overhaul securities laws, aiming to rein in SEC overreach and unleash a new era of U.S. crypto innovation. Congressional Hearing Sounds Alarm on SEC Overreach and Crypto Exodus U.S. lawmakers gathered in Washington on April 9 as...
SEC staff gives guidance on how securities laws could apply to crypto
11.4.2025
US Securities and Exchange Commission staff have given guidance on how federal securities laws could apply to crypto, saying companies issuing or dealing with tokens that could be securities should give better details about their business.The SEC’s Division of Corporation Finance said in...
Helium Issuer Nova Labs Agrees to Pay SEC $200K to Settle Allegations It Lied to Investors
11.4.2025
As part of the settlement agreement, the SEC agreed to drop its claims that three of Nova Labs’ tokens, including the native HNT token, were securities
Here’s what happened in crypto today
11.4.2025
Today in crypto, the US Securities and Exchange Commission dropped its lawsuit against the Helium network. Meanwhile, the largest publicly traded Bitcoin mining companies generated nearly $800 million worth of Bitcoin in Q1 2025, and the US Senate confirmed Paul Atkins as the new SEC Chair.SEC...
SEC drops suit against Helium for alleged securities violations
10.4.2025
The US Securities and Exchange Commission (SEC) has dismissed a lawsuit against Nova Labs, developer of decentralized wireless network Helium, for allegedly issuing unregistered securities, Helium stated in an April 10 blog post. Filed in January 2025, the lawsuit was among the SEC’s...
SEC drops suit against Helium for alleged securities violations
10.4.2025
The US Securities and Exchange Commission (SEC) has dismissed a lawsuit against Nova Labs, developer of decentralized wireless network Helium, for allegedly issuing unregistered securities, Helium stated in an April 10 blog post. Filed in January 2025, the lawsuit was among the SEC’s...
HashKey receives Hong Kong approval to offer crypto staking services
10.4.2025
Cryptocurrency exchange HashKey has received approval from Hong Kong regulators to offer staking services, potentially broadening the institutional appeal of proof-of-stake investments such as the spot Ether exchange-traded funds (ETFs).HashKey was granted approval on April 10 after the Hong Kong...
North Carolina lawmaker introduces Digital Asset Freedom Act
10.4.2025
North Carolina (NC) representative Neal Jackson introduced the North Carolina Digital Asset Freedom Act on April 10. The bill proposes that qualifying "digital assets" be accepted as a legally recognized form of payment and for taxes.Although the language of the bill does not specifically mention...