Key Takeaways: Crypto hack losses dropped to $24.7 million in December 2024, the year's lowest, reflecting a 71% decline from November’s $85.53 million, likely due to stronger security measures. Despite this improvement, 165 Web3 attacks caused $2.3 billion in losses for 2024, a 40% rise from 2023, though $1.3 billion was recovered using advanced forensics.…

Morgan Stanley’s retail brokerage arm E*Trade is considering adding crypto trading to the services it offers its clients per report from the information.  A proposed onboarding into crypto trading for Morgan Stanley, a world-leading investment bank with over $1.5 trillion in Assets Under Management (AUM) has sparked a lot of excitement and speculation in the…

Metaplanet CEO Simon Gerovich predicts Bitcoin will exceed $200K by 2025, driven by U.S. adoption and global growth in institutional interest.

Binance, the largest crypto exchange by Market capitalization announced that it has secured approval from the Central Bank of Brazil for the acquisition of a locally licensed broker-dealer institution in the country.  Binance announced the development via its official website remarking that the approval marks the firm's 21st global regulatory milestone.  “ In a development…

The rise of memecoins has transformed the cryptocurrency landscape, merging social dynamics and financial markets to create a new model for value creation. From Dogecoin's satirical origins to a $120 billion sector in 2024, memecoins now challenge traditional asset classes by prioritizing community engagement over institutional backing. Market Growth and Institutional Interest “The memecoin sector…

Alex Pawlowski, Managing Director at Ascent Partner called for a moderate approach and strategic timing from Europe's MICA in its ongoing spat with Tether (USDT). On the 30th of December 2024, Tether the largest stablecoin issuer in the world became officially non-compliant following stringent measures for stablecoins put in place by European Union’s Markets…

John Deaton expresses uncertainty about XRP’s 2025 price while criticizing its exclusion from key crypto forecasts despite recent growth.

The Syrian Centre for Economic Research under the transitional government of Syria proposed a bill seeking to legitimize Bitcoin in the country and Digitize the nation's Local currency.  The Bill titled “ Bitcoin Policy in Syria” looks to accelerate reconstruction, ensure market freedom, and protect Syrian citizens from inflation and currency devaluation.  The Bill also…

Key Takeaways: China enforces stricter foreign exchange rules to monitor cross-border cryptocurrency transactions and curb illegal outflows. The regulations mandate banks to flag suspicious activity, implement AML measures, and report irregularities. Analysts predict reduced crypto liquidity, compliance hurdles, and shifts toward decentralized finance amid tightened oversight and global regulatory trends. China has introduced new foreign…

Key Takeaways: Vitalik Buterin donated 50 ETH, worth $170,000, to support Tornado Cash developers’ legal defense. His contribution to Justice DAO funds Roman Storm and Alexey Pertsev, accused of money laundering through a crypto-mixing protocol. Storm faces trial on April 14, while Semenov remains at large, raising debates about privacy tools and regulatory compliance in…