Crypto Industry News & Market Trends

President Trump names 4 SEC, CFTC nominees amid US crypto regulation debate

President Donald Trump has nominated four candidates to the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC), naming two Democrats and two Republicans as his administration faces new challenges over cryptocurrency regulation following the midterm elections.　　According to the White Houses Thursday nomination announcement, Trump selected former CFTC Commissioner Kristin Johnson and attorney Steven Levine for the SEC. He nominated Nathan Anonick and Matthew Rowland to serve as CFTC commissioners.　　The nominations are Trumps first appointments proposed for the two agencies in approximately a year. All four candidates require Senate confirmation before taking office, with Democrats preparing to control Congress in January.　　President Donald Trump nominates bipartisan SEC and CFTC commissioners　　Trumps SEC nominees include Democrat Kristin N. Johnson, who served as a CFTC commissioner until 2025, and Republican Steven Levine, a former SEC official.　　Johnson previously worked on regulatory matters involving cryptocurrency markets, consumer protection and financial stability. Levine served as counsel and deputy chief of staff to SEC Commissioner Mark Uyeda before taking a senior legal position at the White House Council of Economic Advisers.　　For the CFTC, Trump selected Republican Nathan Anonick and Democrat Matthew Rowland.　　Anonick currently works with Senate Agriculture Committee Chairman John Boozmans staff, where he participated in

15 hours agoIndustry

Who Will Police Your Crypto at the SEC？ Trump Just Picked Hester Peirces Replacement

President Donald Trump has nominated Steven Levine to replace Hester Peirce at the US Securities and Exchange Commission (SEC). The Republican lawyer would serve a term ending June 5, 2030.　　Peirce, widely known as “Crypto Mom,” led the SECs Crypto Task Force before leaving the agency on October 2. Levine has said little publicly about crypto regulation.　　Sponsored　　Sponsored　　Follow us on X to get the latest news as it happens　　JUST IN: The White House nominations list is out.　　It names Nathan Anonick and Matthew Rowland for the CFTC, and Kristin N. Johnson and Steven Levine for the SEC. 　　Levine would take Hester Peirces seat. pic.twitter.com/8fc1KmWGFR　　— BeInCrypto (@beincrypto) November 13, 2026　　Steven Levine‘s Road Runs Through Uyeda’s Office　　Without public statements to go on, the SEC nominees career is the clearest record of his work.Associate in the asset management group at law firm K&L Gates.Joined the SEC in 2020 as senior counsel in the Division of Investment Management.Counsel to Commissioner Mark Uyeda, then deputy chief of staff when Uyeda became acting chair in 2025.General counsel at the White House Council of Economic Advisers from February 2025.Senior counselor to the Labor Secretary since November 2026, according to his LinkedIn.　　His crypto work appears in SEC meeting records. In December

16 hours agoIndustry

Thailand proposes $148K daily cap on stablecoin deposits and withdrawals

Thailands securities regulator has proposed capping daily stablecoin deposits and withdrawals at 5 million baht ($148,000) each per customer at regulated crypto operators.　　The limit would apply separately to deposits and withdrawals at each operator, Thailands Securities and Exchange Commission (SEC) said in a Thursday announcement. The regulator said the rules aim to curb money laundering, cybercrime and attempts to bypass cross-border money transfer rules.　　The draft would bar stablecoin transfers to and from third-party wallets. Operators would have to verify that customers own the accounts or wallets they use for deposits and withdrawals.　　Operators would have to comply with the Travel Rule, which requires crypto service providers to collect and share information about transfers, and use blockchain analytics to identify wallets linked to suspicious activity.　　The draft would require crypto exchanges to name their market makers and identify the assets for which they provide liquidity. Crypto brokers would be barred from using liquidity providers for stablecoin-baht pairs. Certain off-platform trades would be subject to a 3 million baht minimum.　　The draft follows a September consultation in which the SEC proposed stablecoin transfer limits and tighter oversight of crypto operators.

16 hours agoIndustry

Bitcoin slides below $70K amid thin liquidity, ETF outflows

Bitcoin fell below $70,000 on Friday, extending its recent decline as investor sentiment deteriorated amid institutional outflows, tightening liquidity and broader macroeconomic pressures.　　Bitcoin (BTC) is trading at $68,607.23 at the time of writing, down 9.2% in the last week, according to CoinGecko.　　The decline coincided with a sharp decline in market sentiment. The Crypto Fear & Greed Index fell to 20 on Friday, its lowest reading in more than four months, putting it in “extreme fear.” The index last reached that level on July 8.　　Bitcoins seven-day price chart. Source: CoinGecko　　Vikram Subburaj, CEO of crypto exchange Giottus, attributed Bitcoins weakness to institutional outflows, tightening crypto liquidity and expectations of a December Federal Reserve interest rate hike. “Investors should avoid chasing short-term dips or using excessive leverage,” he said.　　In a Friday report, 10x Research highlighted Bitcoins divergence from US equities. Between Nov. 5 and Nov. 12, Bitcoin declined 5.9% while the Nasdaq 100 gained 6.4%, suggesting the cryptocurrency was responding more to rising Treasury yields and a stronger US dollar than to technology stocks.　　The research firm said Bitcoin was increasingly trading alongside gold, which fell 5.5% over the same period, as the US 10-year Treasury yield climbed above 5%.　　Meanwhile, institutional trading platform Talos

16 hours agoIndustry

South Korea's Upbit halts Osmosis (OSMO) transfers after network failure

South Korean cryptocurrency exchange Upbit has temporarily suspended Osmosis (OSMO) deposits and withdrawals after the Osmosis blockchain stopped producing blocks, preventing customers from transferring the token through its native network.　　According to anUpbit announcement published on November 13 at 10:21 a.m. Korean time, the restriction covers deposits and withdrawals involving the Osmosis Chain. However, customers can continue buying and selling OSMO on the exchange.　　The suspension follows a network-wide disruption confirmed by blockchain infrastructure provider QuickNode. Other cryptocurrency exchanges, including Bithumb and Coinbase, have reported problems processing transactions on the same network.　　Upbit halts OSMO transfers following network failure　　Upbit said it suspended the transfer services because Osmosis had stopped generating new blocks, which are necessary for processing and confirming blockchain transactions.　　South Koreas Top Crypto Exchange Upbit Halts OSMO Transfers Amid Network Outage　　Upbit, South Koreas largest cryptocurrency exchange by trading volume, announced it has temporarily suspended deposits and withdrawals of Osmosis (OSMO) on Osmosis Chain after the Cosmos-based… pic.twitter.com/MeXiA5T0Xf　　— Wu Blockchain (@WuBlockchain) November 13, 2026　　The exchange cited Article 17, Paragraph 1, Subparagraph A of the Enforcement Decree of South Koreas Virtual Asset User Protection Act as the legal basis for the temporary restriction.　　The notice applies specifically to OSMO deposits and withdrawals using the Osmosis

16 hours agoIndustry

Akash Network's AKT goes live on Solana as Cosmos migration begins

Akash Network‘s native AKT token has gone live on Solana through Sunrise, giving holders access to the blockchain’s decentralized finance ecosystem as the project begins its planned migration away from Cosmos.　　In a November 12 announcement, Solana confirmed that AKT was available through Sunrise and could be accessed through several applications, including Jupiter, Raydium, Phantom, Kamino, Meteora, and Titan Exchange.　　The launch follows the opening of Akashs official migration portal, which allows existing token holders to transfer AKT from its Cosmos-based blockchain to Solana at a 1:1 ratio.　　Akash operates a decentralized cloud computing marketplace where developers and AI companies can rent GPU resources from independent providers. According to Solana, the network has processed approximately 644,000 compute leases during its six years of operation.　　Sunrise provides the infrastructure for bringing assets from other blockchains into Solana‘s trading ecosystem. As crypto.news previously reported, Wormhole introduced the platform in November 2025, initially supporting Monad’s MON token.　　More recently, Shiba Inu became available on Solana through Sunrise in October, with trading supported across applications such as Jupiter and Raydium.　　Akash Network opens two-year AKT migration window　　According to Akashs migration documentation, holders can move their tokens to Solana through a one-way transfer mechanism that locks AKT on the original blockchain

16 hours agoIndustry

Injective Veyra upgrade heads to governance vote ahead of November 24 launch

Injective has opened governance voting on its Veyra mainnet upgrade, a major network update scheduled for November 24 that would introduce new infrastructure for institutional real-world assets, cross-chain trading, and future privacy features.　　According to the governance proposal, submitted on November 12 under IIP-717, the upgrade will move the blockchain to version 1.21.0 if approved. The proposal comes as Injective continues to develop services for financial institutions seeking to issue, trade, and settle tokenized assets onchain.　　The proposal had attracted 13.47 million INJ in votes as of the November 13 snapshot, with 60.5% supporting the upgrade and 39.5% abstaining. No votes had been cast against it, although participation stood at 23.98%, below the required quorum of 33.40%.　　Injective has described Veyra as its final major network upgrade of 2026, with the planned changes covering institutional trading infrastructure, interoperability, and the technical foundations for its upcoming CypherOS privacy platform.　　Injective Veyra upgrade to expand institutional RWA infrastructure　　One of the main changes proposed under Veyra concerns Injectives MultiVM architecture, which allows applications built on different virtual machine environments to operate within its ecosystem.　　The upgrade introduces new Inter-Blockchain Communication capabilities designed to make it easier for assets to move between Injectives Ethereum Virtual Machine environment and other

17 hours agoIndustry

US Moves to Seize $1.2 Billion From Binance Hack. Where Is the Rest？

The US Justice Department has court approval to seize or restrain more than $1.2 billion stolen from Binance. The money comes from the October 29 hack the FBI pinned on North Koreas state hacking unit.　　That covers less than a fifth of the haul. On-chain data shows billions more still within the Binance hackers reach.　　Sponsored　　Sponsored　　A $1.2 Billion Slice of a $2.7 Billion Freeze　　The Justice Department announced the action on November 12 in a release. The FBI attributed the Binance hack to a North Korean unit it calls “TraderTraitor.”　　Government and private-sector efforts have frozen more than $2.7 billion so far. The $1.2 billion court order targets part of that frozen pool.　　Assistant Attorney General Tysen Duva credited the DOJs Criminal Division with the early freezes.　　“As the Departments liaison to the digital asset industry, the Criminal Division quickly and efficiently used its expertise to immediately halt about half of this historic breach,” Duva said.　　Binance customers, meanwhile, are already covered. The exchange said it replaced every token lost in the hack from its own treasury and insurance funds. Any funds the US eventually forfeits would therefore not change what users hold.　　Binance has completed coverage of assets impacted in the security incident and we have published

17 hours agoIndustry

Trump nominates Hester Peirce successor among SEC, CFTC picks

US President Donald Trump has nominated Steven Levine to replace former Securities and Exchange Commission Commissioner Hester Peirce, one of the agencys most prominent crypto advocates, as part of four nominations to fill vacancies at the SEC and Commodity Futures Trading Commission.　　The White Houses latest announcement on Thursday named two nominees each for the SEC and the Commodity Futures Trading Commission, agencies whose decisions help shape US cryptocurrency regulation, among other functions. All four nominations require Senate confirmation.　　The nominations would replenish several commissioner roles. The SEC currently has only two of its five commissioner seats filled, while CFTC Chairman Michael Selig is the sole member of his agencys five-seat commission.　　The nominations come weeks before Democrats are set to take control of the Senate in January, giving a narrow window for Republicans to confirm Trumps picks.　　Related: House Finance panel chair says regulator actions on crypto ‘fall short’ of CLARITY bill　　Levine, a Republican, was nominated for an SEC term ending June 5, 2030, replacing Peirce, who left the agency in October. Peirce was a leading advocate for clearer crypto rules at the SEC, helping shape its approach to digital assets as the former head of its Crypto Task Force, while Levines views

20 hours agoIndustry

Nearly $600 Million in Crypto Longs Liquidated as Bitcoin and Ethereum Fall to August Lows

Crypto traders betting on higher prices lost $599 million over the past 24 hours. The wipeout came as Bitcoin (BTC) and Ethereum (ETH) slid to their lowest levels in nearly three months.　　Longs made up 88% of $680.81 million in total crypto liquidations, Coinglass data shows. Fridays US producer price data could now decide whether bets on a half-point Fed rate hike grow.　　Follow us on X to get the latest news as it happens　　Sponsored　　Sponsored　　Bitcoin Longs Absorb Nearly Half the Damage　　Bitcoin positions accounted for $325.28 million of the total, with longs making up 95.3%. Ethereum followed at $106.07 million, where 89.7% came from long bets.　　In all, 112,947 traders were liquidated. The largest single order was a $31.09 million Bitcoin long on Hyperliquid, closed at $72,250.　　Crypto Liquidations on November 13. Source: Coinglass　　Leverage on stock-linked contracts unwound too. Nvidia-tracking perpetuals saw about $39.67 million in liquidations following Jensen Huangs exit from Nvidia.　　Those forced sales hit as both majors slid to their lowest levels since August.　　Sponsored　　Sponsored　　Bitcoin and Ethereum Slide to 3-Month Lows　　The Bitcoin price traded at $70,834, per BeInCrypto Markets data. This marked the cryptocurrencys lowest level since August 20. It fell 3.79% over 24 hours and 6.53% over the past week.　　Bitcoin (BTC) Price Falls

21 hours agoIndustry

1 24 5

...

1000