Bank of America CEO Brian Moynihan predicts a cryptocurrency payment revolution, contingent on regulatory clarity, during his speech at Davos. Bank of America CEO Highlights Banking Sector’s Readiness for Digital Currency Integration CEO Brian Moynihan envisions a future where cryptocurrency payments play a significant role in banking, provided clear regulatory guidelines are established. Speaking at…

The SEC fines Digital Currency Group $38 million for misleading investors about Genesis Global Capital's financial stability, raising questions about regulatory challenges in crypto markets. The U.S. Securities and Exchange Commission (SEC) has fined Digital Currency Group (DCG) $38 million, accusing the company of negligence in misleading investors about the financial condition of its subsidiary,…

Blockchain company Chain announced plans to take legal action against TRON founder Justin Sun over defamation following his allegations of market manipulation involving the XCN token. The announcement, made on January 24, was in response to the TRON founder's claims on X. Sun accused Chain of engaging in harmful high-leverage trading practices that allegedly destabilized XCN’s…

The ECB proposes a digital euro to counter Trump’s executive order promoting dollar-backed stablecoins, signaling a shift in global digital finance strategies.

Canada’s Financial Transactions and Reports Analysis Centre (FINTRAC) issued an urgent warning on January 23, urging businesses in the cryptocurrency sector to be more vigilant in detecting transactions linked to opioid-related money laundering. Notably, the advisory comes amid growing concerns over the increasing use of digital currencies, such as bitcoin and ether, by criminal organizations. FINTRAC…

Web 3 security firm Cyvers Alerts reported a suspicious move of $39 million on the Phemex crypto exchange by suspicious wallet addresses.  The development could easily become the first major hack of 2025 if confirmed to be a breach of the exchange’s security architecture.  Cyvers Alerts shared the information on X alerting the crypto community…

Binance Labs has officially rebranded to YZi Labs, marking a strategic shift to reflect its independence and broadened investment priorities. The move, announced on January 23, accompanies new leadership and a vision to explore opportunities in Web3, artificial intelligence, and biotechnology. Meanwhile, Ella Zhang, the founding head of Binance Labs, returns as Head of YZi…