Germany’s Centre Right Alliance (CDU/CSU) managed to secure the most seats in the country’s parliamentary election on Sunday, suggesting a more innovation-friendly environment awaits. Friedrich Merz’s CDU/CSU secured 28.52% of the vote while the far-right Alternative for Germany (AfD) secured 20.8% of the vote. There are 733 seats in the German Bundestag and no party secured a majority, so a coalition will be formed. STORY CONTINUES BELOW Mark Foster, European Union policy lead at the Crypto Council for Innovation, expects

Solana-based token issuance platform Pump.Fun may soon be launching its own automated market maker (AMM), according to a URL connected to the site. However, there has been no public announcement yet. AMM is a exchange system in crypto markets that makes trading easy by using a liquidity pool of usually, and at least, two tokens. Instead of matching buyers and sellers like a traditional exchange, smart contracts set the prices based on supply and demand and allow trades to be

Deribit’s options market for Solana’s SOL token has become active, with whales engaging in bearish bets as the token’s price continues to decline ahead of an impending multi-billion dollar unlock. Last week, SOL block trades totaling $32.39 million in notional value crossed the tape on Deribit, representing nearly 25% of the total options activity of $130.74 million. The remainder of the activity comprised screen trades, according to Amberdata. That’s the second-highest proportion of block trades to total activity on record.

Bybit has returned to a 1:1 backing of client assets and has fully closed the “ether gap” it faced after an unprecedented $1.4 billion hack hit the exchange late Friday. The exchange has received 446,870 ether (ETH), worth $1.23 billion at current prices, through loans, large deposits, and ether purchases in the past two days, on-chain tracking service Lookonchain said in an X post on Monday. Story continues Don’t miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See

The Blockchain Association, representing 76 crypto firms, urges Congress to repeal the IRS DeFi broker rule, arguing it threatens US crypto innovation and unfairly burdens blockchain firms.

Pig butchering scams are the biggest threat for retail crypto investors and crypto platforms in 2025, according to Cyvers.

San Francisco-based Kraken exchange provided information for 57% of the total 6,826 data requests from global regulators and enforcement agencies last year.

Qualified cryptocurrency custodians BitGo and Copper, the firm behind the ClearLoop settlement system, are providing off-exchange settlement for traders using options exchange Deribit, the firms said on Thursday. Clients of BitGo and Copper can now trade spot and derivatives on Deribit while assets are secured off-exchange in qualified custody with BitGo Trust, and automatically settled leveraging Copper ClearLoop and the Go Network, according to a press release. STORY CONTINUES BELOW Don’t miss another story.Subscribe to the Crypto Daybook Americas Newsletter

Nigeria’s Federal Inland Revenue Service (FIRS) is suing Binance for $79.5 billion in economic losses as well as $2 billion plus interest in back taxes, the exchange said in its blog. This is a leap from the initial $10 billion figure that Nigeria’s government sought after alleging that the exchange had enabled $26 billion of untraceable funds to leave the country as it faced a foreign exchange crisis and was looking to restrict capital outflows last year. STORY CONTINUES BELOW