The U.S. Securities and Exchange Commission (SEC) has sued Elon Musk, saying the world's richest man failed to disclose that he acquired "beneficial ownership" of Twitter in early 2022 so he could buy shares at a lower price.

According to Odaily, South Korea's Financial Services Commission convened a meeting on Wednesday to outline key objectives of an upcoming legislative proposal. Kim So-young, Vice Chairman of the Financial Supervisory Commission, highlighted that major global economies are expediting the establishment of cryptocurrency regulations to enhance investor protection and eliminate regulatory uncertainties. South Korea's first cryptocurrency regulatory framework came into effect in July of last year, following its legislative approval a year earlier. This framework aims to safeguard cryptocurrency investors by imposing stricter requirements on exchanges. For instance, service providers are mandated to store at least 80% of user cryptocurrency deposits in cold wallets, separate from their own funds. The meeting also addressed topics such as increasing transparency in the listing of new cryptocurrencies on exchanges and enforcing disclosure requirements for crypto entities similar to those for traditional financial companies. Regarding stablecoin regulation, authorities reviewed global practices concerning the management of reserve assets by issuers and the redemption rights of users.

According to community feedback, Story's main domain name story.foundation has a new subdomain name claim.story.foundation, which is suspected to be an airdrop page. Currently, the page is still not open and requires verification.

According to official news, LBank will launch MATES (MATES) at 15:00 (SGT) on January 15, and open the MATES/USDT trading pair. The deposit service will be opened at 14:00 on January 15, and the withdrawal service will be opened at 14:00 on January 16.

According to South Korean news outlet Edaily, South Korea's Financial Services Commission held a meeting on Wednesday to outline key tasks that the upcoming bill will address. Kim So-young, vice chairman of the Financial Supervisory Commission of South Korea, mentioned at the meeting that major economies around the world are accelerating the development of cryptocurrency regulations to achieve investor protection and eliminate regulatory uncertainty. It is understood that South Korea's first cryptocurrency regulatory framework came into effect in July last year, a year after the framework was legislated. The framework aims to protect cryptocurrency investors and sets stricter requirements for exchanges, such as requiring service providers to store at least 80% of user cryptocurrency deposits in cold wallets separate from their own funds. In addition, the meeting topics include increasing transparency in new listings of cryptocurrencies on exchanges and enforcing the same disclosure requirements for crypto entities as traditional financial companies; in terms of stablecoin regulation, the authorities reviewed global practices of issuers' reserve asset management and user redemption rights. (TheBlock)

Azuki said in a post on X: “Current and future Azuki ecosystem rewards will be based on the user’s Collector Score. Users can improve their scores by collecting Azuki NFTs and earning badges.”

XRP’s price surged amid broader uncertainty in the crypto market, driven by aggressive whale accumulation and speculation about a possible ETF listing in the US, according to crypto analysts. source: https://cointelegraph.com/news/xrp-price-spikes-whales-continue-accumulation-santiment?utm_source=rss_feed&utm_medium=rss%3Ft%3D1736922020492&utm_campaign=rss_partner_inbound

According to Odaily, Ethereum Foundation researcher Alex Stokes has announced that he will co-lead the foundation alongside barnabe.eth. The Ethereum Foundation Research division will consist of five specialized teams. These teams include the Application Research Group (ARG), which focuses on translating theory into practice, and the Consensus R&D team, which aims to enhance the consensus layer. Additionally, the Cryptography team works on reducing trust in each part of the stack through innovative mathematics. The Protocol Security team ensures the safety of the network's software and specifications using various tools and bounty programs. Lastly, the RIG team strengthens Ethereum's unique mechanisms from an economic and game theory perspective.

Tom Emmer Crypto appointment as Vice Chair of the Subcommittee highlights his commitment to advancing innovation in digital assets and AI technologies. source: https://coincu.com/302413-tom-emmer-crypto-vice-chair-of-digital-assets

Reown (formerly WalletConnect) announced the completion of a $13 million Series B financing round, led by Union Square Ventures (USV) and 1kx, with participation from Global Digital Asset Holdings (a joint venture investment company established by SC Ventures and SBI Holdings), Shopify Ventures, Kraken Ventures, Crypto.com Capital, Figment, Kiln, Everstake, BitGo Ventures and Fenbushi. As of now, the company's total financing amount has reached $38 million. The new funds are intended to be used to build its SDK-Reown AppKit and Reown WalletKit to further develop the on-chain user experience platform, solve problems such as using crypto subscription payments without using a custodial account, and its crypto solution customers include financial infrastructure platform Stripe and gift card giant Raise. (CityBiz)

As my country's strength continues to increase, the United States' various strategic deployments are aimed at China. Scott Bessent, who is about to be appointed as the US Treasury Secretary of the Trump administration, commissioned the Bitcoin Research Institute to produce this 46-page analysis report.

تراجع أسعار الذهب مع تحول الأنظار إلى بيانات التضخم الأمريكية تراجع أسعار الذهب بشكل طفيف يوم الأربعاء مع سيطرة الحذر على الأسواق قبيل صدور تقرير التضخم الاستهلاكي في الولايات المتحدة، والذي قد يقدم إشارات أوضح حول مسار أسعار الفائدة لدى الاحتياطي الفيدرالي. سجل سعر الذهب الفوري انخفاضًا بنسبة 0.1% ليصل إلى 2,672.76 دولار للأوقية بحلول الساعة 03:00 بتوقيت غرينتش، … The post تراجع أسعار الذهب... source: https://www.twsiat.com/news/%d8%b4%d8%b1%d9%83%d8%a7%d8%aa-%d8%aa%d8%af%d8%a7%d9%88%d9%84/%d8%a3%d8%b3%d8%b9%d8%a7%d8%b1-%d8%a7%d9%84%d8%b0%d9%87%d8%a8-55/

Despite raising $650,000 for the Dogwifhat mascot campaign, Zion Thomas and his team have failed to display it on the Las Vegas Sphere. Ten months on, they’ve provided no proof of communication with the Sphere’s marketing team, raising concerns about the legitimacy and future of the stunt.

Cryptocurrencies are a unique high-volatility alternative asset class that may help improve risk-adjusted returns when added to traditional investment portfolios.

Thaksin Shinawatra has called for legalising online gambling and adopting cryptocurrencies in Thailand to boost government revenue and modernise the economy. The Thai government is already exploring cryptocurrency payments in Phuket and conducting trials of a central bank digital currency.

“With Gary Gensler in the dumpster in Washington, we have a golden opportunity to ensure that the future of digital assets is American-led,” Emmer said.

The U.S government is asking American citizens not to give their personal data to a Chinese company, but citizens are replying to the government's plea with a middle finger. As the country is waiting for the TikTok ban to go into effect on Jan 19, Chinese social media app Xiaohongshu (colloquially known as Red Note) has become the most downloaded app overnight.

New spot Bitcoin and Ethereum exchange-traded products expand market access, and the U.S. Congress may bring greater regulatory clarity. For these reasons, cryptocurrency valuations may eventually transcend the four-year cycles seen in the market’s early history.

These AI-powered glasses promise a fast, seamless user experience with extended reality features, potentially ushering in a "post-smartphone era." By processing data locally and rewarding users with crypto, they enter a competitive market—but are they a breakthrough or just a gimmick?

In December 2024, the U.S. Internal Revenue Service (IRS) released the final version of the new tax reporting rules for crypto asset brokers, marking a new stage in the U.S. crypto asset tax system.