Crypto News

Illicit cryptocurrency activity reached significant levels in 2024, with $40.9 billion directed to wallets linked to criminal activities, according to the latest report from Chainalysis. As blockchain systems continue to mature, malicious actors are adopting increasingly sophisticated techniques and refining their operations into organized ventures. Chainalysis Report Highlights Increasing Professionalization of Crypto Crime The reportSource link

Sony's Ethereum scaling network Soneium faced pushback from some users soon after launch, but Vitalik Buterin sees nuance in the noise.Source link

Welcome to The Protocol, CoinDesk's weekly wrap-up of the most important stories in cryptocurrency tech development. I'm Ben Schiller, CoinDesk’s Opinion and Features editor.In this issue:Sony’s blockchain faces memecoin controversyBubblemaps readies BMT and new intel deskBabylon enhances Bitcoin’s interoperabilityProsecutors seek 95k BTC Bitfinex returnThis article is featured in the latest issue of The Protocol, our weekly newsletter exploring the tech behind crypto, one block at a time. Sign up here to get it in your inbox every Wednesday. Also please check out our weekly The Protocol podcast.Network newsSONY EMBRACES BLOCKCHAIN, BATTLES MEMES: Sony, the 78-year-old Japanese electronics giant, is the latest legacy megacorp to explore blockchain technology. On Tuesday, the company announced that it is officially launching "Soneium," its general-purpose blockchain platform built on Optimism's...

RP leads crypto rebound, up 20% this week. SEC delays decision on Bitwise 10 Crypto ETF. XRP derides SEC on refusal to delay appeal. SEC never said BTC, ETH are securities: Gensler. Trump’s World Liberty transfers $61m ETH. Emmer named vice chair crypto subcommittee. BTC breakout likely before Jan FOMC: 10x. BTC to dip further as inflation looms: Steno. Buy BTC below $90k: StanChart. Accounting rule change good for BTC: Bitwise. Deribit considers sale for $5bn. Osprey seeks to convert BTC trust to ETF. HuiOne illicit marketplace grows 50% in 6 months. TON Blockchain targets US expansion. AI agents will revolutionize social media: FT. UK proposes ban on ransomware payments. BoE advances CBDC ‘design phase’. S. Korea delays decision on...

Bitcoin crossed the $100,000 threshold today, briefly reaching an intraday peak of $100,715 before easing back to $99,700 at press time. Bitcoin Hits $100K High on Wave of Trump Administration Speculation This price milestone represents a critical psychological and market-level achievement for bitcoin, accompanied by broader gains across the cryptocurrency sector. XRP and XLM postedSource link