LEO Token Gains Following Fee Elimination Bitfinex’s decision to scrap trading fees appears to be having an immediate effect. The exchange’s native LEO token jumped 11% today, reaching $7.40 according to CoinGecko data. This comes after the token had been trading as high as $9.51 just last week, then experienced several days of losses. I…
Phishing scheme targets Coinbase users A 23-year-old Brooklyn resident faces serious charges after allegedly stealing $16 million from about 100 Coinbase users. Ronald Spektor, who prosecutors say used the online alias “lolimfeelingevil,” ran a phishing and social engineering operation that convinced people to send cryptocurrency to accounts he controlled. According to authorities, Spektor pretended to…
Tajikistan’s new mining law brings criminal penalties Tajikistan’s parliament made a significant change to their legal system on December 3rd. They amended the Criminal Code to specifically target electricity theft for cryptocurrency mining. This isn’t just about fines anymore – it’s about criminal charges. The new legislation, Article 253, replaces what used to be administrative…
Binance introduces new listing system amid scam warnings Binance has rolled out a new three-stage process for listing altcoin projects. The system moves projects through Binance Alpha first, then Binance Futures, and finally to Binance Spot. This structured approach seems designed to give projects more gradual exposure while allowing the exchange to assess performance at…
An Unlikely Crypto Champion Emerges at the CFTC Caroline Pham wasn’t supposed to be a permanent fixture at the U.S. Commodity Futures Trading Commission. Appointed as acting chairman during a transitional period, she could have easily kept the seat warm for a more permanent successor. But that’s not what happened. Instead, Pham, a former senior…
Bitcoin network sees significant hashrate decline I was looking at the Bitcoin network data this morning, and something caught my eye. The hashrate—that’s the total computing power securing the network—dropped by about 8% in just 24 hours. That’s not a small fluctuation; it represents roughly 100 exahashes per second going offline. When you see numbers…
CME expands crypto derivatives with XRP and Solana futures CME Group has introduced spot-quoted futures contracts for XRP and Solana, marking another step in the traditional finance giant’s crypto expansion. The new contracts follow the same structure as CME’s existing spot-quoted Bitcoin and Ether futures, which launched back in June. What makes these different from…
Regulatory deadline passes without stablecoin proposal South Korea’s Financial Services Commission missed a December 10 deadline to submit a draft stablecoin bill. The regulator said it needed more time to coordinate positions with other agencies. This delay comes as lawmakers and financial authorities continue to debate fundamental questions about who should be allowed to issue…
Major acquisition in Latin American crypto space Nexo, the digital assets platform managing over $11 billion, has made a significant move into Latin America. They’ve acquired Buenbit, an Argentine cryptocurrency exchange that’s registered with the country’s national securities commission. The deal amount wasn’t disclosed, but it’s being called one of the largest acquisitions in the…
Political Figures Lead Crypto Influence Rankings CoinDesk released its annual Most Influential list this week, and the results show something interesting. For 2025, policymakers—especially American ones—took center stage. U.S. President Donald Trump topped the list as the first individual recognized, which makes sense when you think about it. He’s signed executive orders, pushed Congress on…
