Business

The Indian Cryptocurrency Exchange Wazirx has won the approval of Singapore High Court for restructuring after the $ 230 million hack of last year. The Supreme Court has given Wazirx the opportunity to convene a scheme meeting with users in a “significant step” towards distributing funds lost in the attack and reviving the platform’s operations, […]

The US Senates Bank Committee has officially established its list for the new digital activation committee and sets senator Cynthia Lummis at the top, as expected. But it also includes two names that received strong support from Crypto Political Action Committee Fairshake in the 2024 election. The new Senator Bernie Moreno, Ohio Blockchain entrepreneur who

Morgan Stanley ( MS ) is figuring out how to function as a transactor in the crypto market, CEO Ted Pick said. The bank, which has about $1.6 trillion in assets under management, will work with the U.S. Treasury Department and other regulators to figure out how to offer crypto in a secure way, Pick

Bitcoin (BTC) surged past $106,000 Thursday morning in the US on reports that US President Donald Trump will speak later today with Nayib Bukele, president of the Bitcoin-friendly nation state of El Salvador. Bitcoin advanced more than 3% to session highs in the minutes following the report, erasing early morning losses. It rose 2.2% over

The Crypto industry is desperate to see crypto action from US President Donald Trump, now a few days into his new presidency, but there has not yet been a confirmation of the White House as a executive order is pending. However, it is not quite away from Trump’s radar because he mentioned the crypto industry

Agora, a blockchain governance startup, is set to acquire its competitor’s boardroom. The company framed the acquisition as a strategic move to improve governance within the broader Ethereum ecosystem, citing expectations of renewed growth in decentralized governance due to President Trump’s promise of regulatory clarity for the blockchain industry. “2025 is the year we provide

Binance Labs, the former investment arm of exchange giant Binance, is getting a major overhaul under a new name, YZi Labs, with former Binance CEO Changpeng “CZ” Zhao closely involved in operations, the firm announced Thursday. The reshuffle means the investment firm will go from being the exchange’s venture capital arm to the family office

Pakinomist– The Securities and Exchange Commission, under new leadership chosen by President Donald Trump, announced the withdrawal of a controversial framework that outlined strict disclosure requirements for financial firms holding crypto. The SEC issued Staff Accounting Bulletin (SAB) 122, which repeals SAB 121 and allows financial institutions that hold crypto on behalf of their clients

The US Securities and Exchange Commission published a new Staff Accounting Bulletin on Thursday, withdrawing its controversial SAB 121. SAB 121 required banks and other public companies to mark any customers’ crypto assets on their own balance sheets. SAB 122 “repeals the interpretive guidance” and instead requires companies to use Financial Accounting Standards Board rules

Welcome to The Protocol, Coindesk’s weekly summary of the most important stories in the technological development of cryptocurrency. I am Ben Schiller, Coindesk’s editor of meaning and functions. In this number: DAO control tool Fusion Ethereum Foundation drama StableCOin USDH is coming to Bitcoin 25 million dollars grant program to Depin Network news DAO GOVERNANCE