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Three of the top former executives at FTX and its affiliates have accepted final punishments from the U.S. Securities and Exchange Commission as the agency resolves its enforcement cases connected to the exchange’s collapse, the SEC said in a litigation notice on Friday.As former CEO Sam Bankman-Fried continues his federal prison sentence on his fraud convictions, Caroline Ellison, the former CEO of its Alameda Research arm, is among those who agreed to consent judgements to resolve enforcement actions filed in 2022 and 2023, which still have to be approved in court. Others who signed the deals include Zixiao “Gary” Wang,…
U.S. Senator Cynthia Lummis, who has arguably been the closest friend to the crypto sector in Congress, won’t seek another term, she said in a statement on Friday.The first-term lawmaker will call it quits after her six-year term ends in January 2027, leaving a Republican seat open in extremely red Wyoming, but also removing a major ally for the digital assets industry. Lummis has been the inaugural chair of the first subcommittee dedicated to crypto matters at the U.S. Banking Committee, where she’s pushed crypto-friendly legislation as a top priority.Even now, she’s among the leading negotiators for the crypto market…
Join Our Telegram channel to stay up to date on breaking news coverage The Ethereum price has surged 4% in the past 24 hours to trade at $2,947 as of 4:00 a.m. EST on a 41% surge in trading volume to $36 billion. Ethereum price increase comes as weaker US inflation drives positive market sentiment, even as the Bank of Japan (BOJ) raised interest rates. The US Consumer Price Index (CPI) rose 2.7% over 12 months to November, down from 3% in September, surprising analysts and signaling a slowdown in price pressures. 🚨BREAKING: U.S. CPI came in below expectations at…
Rebeca Moen Dec 19, 2025 21:25 In 2025, Algorand (ALGO) saw significant growth with new applications, partnerships, and staking options, enhancing its ecosystem and promoting financial empowerment globally. In 2025, the Algorand (ALGO) ecosystem experienced significant growth, marked by the launch of numerous applications and strategic partnerships. This expansion not only strengthened network decentralization but also broadened access to financial tools and services, according to the Algorand Foundation. New Mainnet Applications A diverse array of applications was introduced to the Algorand mainnet in 2025, spanning various sectors including identity, finance, and tokenization. Key launches included Alpha Arcade, a prediction market,…
Former Alameda Research CEO Caroline Ellison and former FTX executives Gary Wang and Nishad Singh will be barred from assuming company leadership roles for eight to 10 years following a court judgment.In a Friday notice, the US Securities and Exchange Commission said that it had obtained final consent judgments against Ellison, Wang and Singh for their roles in the misuse of investor funds at FTX from 2019 to 2022. The former Alameda CEO consented to a 10-year officer-and-director bar, while Wang and Singh consented to eight-year officer-and-director bars each. All three are also subject to five-year ”conduct-based injunctions,” according to the…
Dubai, United Arab Emirates, December 19th, 2025, Chainwire GrantiX, an AI-powered SocialFi platform bringing impact investing on-chain, today announced the launch of its $GRANT token following a Token Generation Event and multiple sold-out IDOs. The token is now live and listed on BitMart and BingX, expanding global access to the GrantiX ecosystem. $GRANT serves as the utility and governance token for GrantiX, which connects blockchain donors with verified social entrepreneurs through an audited platform. The TGE follows successful IDOs on Finceptor and Spores Network, alongside additional offerings on Red Kite and Huostarter. “$GRANT is not a speculative launch, it is…
Dogecoin started a fresh decline below the $0.1250 zone against the US Dollar. DOGE is now consolidating losses and might face hurdles near $0.1235. DOGE price started a fresh decline below the $0.1250 level. The price is trading below the $0.1220 level and the 100-hourly simple moving average. There is a key bearish trend line forming with resistance at $0.1300 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could extend losses if it stays below $0.1280 and $0.1300. Dogecoin Price Dips Further Dogecoin price started a fresh decline after it closed below $0.1300, like…
Bitcoin and ether climbed above key technical levels on Friday, tracking gains in Asian equities after the Bank of Japan raised interest rates to their highest level in three decades and cooling U.S. inflation data revived appetite for risk assets.Bitcoin rose above $87,000 in Asia trading, while ether pushed higher alongside broader market strength, as investors looked past the BOJ’s long-telegraphed move and focused instead on easing global financial conditions.Cardano’s ADA, Solana’s SOL, DOGE$0.1261, bnb BNB$833.52 and XRP$1.8412 rose as much as 3%, with the broad-based CoinDesk 20 index rising 2%.The move higher came after a volatile, yet relatively range…
Search engine giant Google has emerged as a silent architect behind Bitcoin miners’ rapid pivot towards artificial intelligence (AI).Instead of acquiring mining firms, the Alphabet-owned company has provided at least $5 billion of disclosed credit support behind a handful of BTC miners’ AI projects.While markets often frame these announcements as technology partnerships, the underlying structure is closer to credit engineering.Google’s backing helps recast these previously unrated mining companies as counterparties that lenders can treat like infrastructure sponsors rather than pure commodity producers.The mechanism for these deals is pretty straightforward.BTC Miners contribute energized land, high-voltage interconnects, and shell buildings. Fluidstack, a…
Crypto markets entered 2025 looking for direction after a volatile year. What formed instead was a narrative split unlike previous cycles: meme coins surged back into retail focus, while AI-driven protocols became the preferred bet for institutions.Fresh data from CoinGecko, paired with new market research, shows how internet culture on one side and machine intelligence on the other are now steering most liquidity and attention across the ecosystem.Meme Coins Regain Momentum as Retail ReturnsMeme coins staged a full comeback in early 2025 after cooling off in late 2024. Their rise tracks closely with a jump in retail activity, a wave…