The U.S. Securities and Exchange Commission (SEC) is reducing its crypto enforcement unit. This move aligns with President Donald Trump’s promise to ease regulations and boost digital asset growth. The agency has reassigned over 50 lawyers and staff members to other departments, with reports labeling some shifts as unfair demotions.
US White House Crypto & AI Czar David Sacks talked about various things related to crypto on the latest CNBC interview. From forming a regulatory framework to establishing a Bitcoin reserve, David clarified on their upcoming plans for crypto. David Sacks revealed that he was in a meeting with House
The crypto community is combating the recent market crash with a positive face, as tokens attempt recovery. However, the sector itself has not remained dormant. Over the past few weeks, NFT projects, DeFi, AI, and regulatory spaces have shown increased activity. In the past day, the SEC made several announcements.
Travala, a cryptocurrency-native travel booking service, has teamed with trivago, one of the world’s leading accommodation metasearch engines, to integrate Travala’s entire hotel inventory of over 2,200,000 properties on trivago. Millions of Trivago users worldwide will be able to find, evaluate, and book Travala’s properties thanks to the integration. Travelers will be
WazirX Restructuring plan WazirX users now face a tough decision. The exchange has offered two paths for fund recovery after a massive hack. In July 2024, North Korean hackers stole $235 million from WazirX. The hack wiped out over 40% of the exchange’s assets. Users have been waiting for a
Union groups have filed a lawsuit against the US Treasury. They accuse the Treasury of breaking federal laws. The lawsuit claims that sensitive financial and personal information is being shared unlawfully. The groups say this data is going to Elon Musk’s Department of Government Efficiency (DOGE). This group is linked
The cryptocurrency market witnessed another hit on 3rd, February 2025, as China responded to Trump’s US tariff implementation. In retaliation, China imposed a 10-15% tariff on American goods and launched an antitrust probe into Google. Following this, Bitcoin fell to a three-day low of $91,541, and Ethereum lost nearly 25%
President Donald Trump has been making some big moves ever since he won the US elections in Nov 2024. From establishing D.O.G.E, launching his own crypto projects, implementing new tariffs, his actions are shaking the world economy. His World Liberty Financial crypto project is holding a considerable amount of funds
Crypto.com and Kalshi Super Bowl bets under the legal Spotlight. The Commodity Futures Trading Commission (CFTC) is investigating them for sports-related prediction market contracts. On this, crypto exchange Crypto.com stated that they will continue providing wages on the Super Bowl. They will also work with the CFTC to address any
TRON and Movement Labs have refuted any $10 million plus token swap deal with World Liberty Financial $WLFI, claiming that their holdings in $TRX and $MOVE were obtained through conventional market transactions, not through private deals. WLFI is a cryptocurrency project backed by President Donald Trump and his family. Moreover,
