They went after crypto promoters Hawk Tuah. Now they’re suing Pump.Fun

A crypto investor has filed a class action lawsuit against Pump.Fun, a platform for launching and investing in meme-inspired cryptocurrencies, after suffering trading losses. The plaintiffs are represented by Wolf Popper and Burwick Law, the two firms handling a separate class action brought by investors in December on a memecoin launched by web personality Haliey…

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Trump plans ‘America-First’ crypto reserve, prioritizing US-based coins like Solana and XRP

The cryptocurrency community is eagerly awaiting Donald Trump’s inauguration on January 20, seeing it as an opportunity to move beyond the strict regulations it faced under the Biden administration. According to a recent report from the New York Post, President-elect Donald Trump plans to create an “America First” crypto reserve that will focus on US-based…

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Malaysia mulls new crypto policy after talks with UAE, Czech Republic

Malaysia’s prime minister recently announced that the government will study policies to regulate the digital finance sector to improve the country’s outdated financial system, following meetings with the leaders of the United Arab Emirates (UAE) and Changpeng Zhao, the founder of crypto exchange Binance. Prime Minister Discusses Crypto Regulations With Governments of Czech Republic and…

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Bitcoin Surpasses $100,000 as Political Optimism Drives Gains

Bitcoin prices have repeatedly climbed above $100,000 today. (Photo illustration by Chesnot/Getty … (+) photos) Getty Images Bitcoin prices surpassed $100,000 on Wednesday, January 15, recovering from their recent fall below $90,000, as anticipation of crucial policy decisions propelled the digital currency higher. The world’s most valuable digital currency by market value surpassed $100,700 around…

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Cryptocurrencies have everything to gain from new regulators and a receptive Congress | Skadden, Arps, Slate, Meagher & Flom LLP

Key Points A Republican president and Congress are expected to be more supportive of digital assets than the current administration. There is a reasonable chance that legislation creating a regulatory framework for cryptocurrencies will move forward. Under the leadership of Republican candidate for SEC Chairman Paul Atkins, the SEC is expected to be less aggressive…

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North Korea stole $659 million in crypto assets last year, US says

The United States, Japan and South Korea have issued a warning against North Korea malicious actors, who actively and aggressively target the cryptocurrency industry. In their joint advisory, the countries said that threat actor groups affiliated with the Democratic People’s Republic of Korea (DPRK) continue to carry out numerous cybercrime campaigns to steal cryptocurrencies. These…

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