Under the leadership of Gary Gensler, the United States Securities and Exchange Commission has shown a tougher regulatory attitude towards the cryptocurrency industry. Gensler's stance has created negative sentiment among members of the crypto community towards the US administration, led by President Joe Biden.
According to a recent survey by the pro-crypto trade group The Digital Chamber, the US presidential candidate's stance on crypto could be more significant than initially anticipated.
Binance, world's leading crypto exchange, has achieved a major breakthrough in trading volume. Its cumulative spot and derivatives trading volume has exceeded 100 trillion U.S. dollars, according to CCData.
This week in LATAM's cryptocurrency landscape, Colombia and Brazil are emerging as leaders with promising growth opportunities. According to the recent Geography of Cryptocurrency Report 2024 by Chainalysis, the region has seen a remarkable 42.5% increase in cryptocurrency transactions year-over-year, solidifying its status as the second-fastest-growing market worldwide.
The crypto world has undergone spectacular changes since 2022. The year 2024 marks a decisive turning point for this industry, with significant advancements in several key areas.
Hong Kong police have dismantled a notorious fraud syndicate responsible for defrauding victims of HK$360 million using romance scams tied to fake cryptocurrency platforms. Arresting 27 individuals, some linked to triads, they revealed the sophisticated use of deepfake technology and digital media expertise to deceive victims across Asia.
The U.S. presidential election in 2024 has taken an unexpected turn, especially when it comes to crypto. Donald Trump and Kamala Harris have totally different views on the topic, and it's getting a lot of attention. Trump, who wasn't a fan of crypto before, is now all about it.
The crypto industry has pivoted its attention to the potential implications of the upcoming US Congressional races.
After a six-year break, Stripe made its return to the crypto scene in April, enabling merchants to accept stablecoins for online payments.
Former Olympian snowboarder Ryan James Wedding has been charged in a cocaine trafficking ring that allegedly used stablecoin Tether (USDT) to run billion-dollar deals. The US Attorney's Office, Central District of California has charged Wedding and 15 other defendants for shipping kilograms of cocaine through Mexico and into the United States and Canada.
A crypto trader argued that it is easy for crypto market participants to be "convinced sentiment is one way or the other," while claiming that the sentiment is not "that bullish currently."
A cryptocurrency scam targeting Coinbase users has resulted in a significant theft of over $20 million. An Indian national, Chirag Tomar, was sentenced for orchestrating this scheme, where fake websites mimicking Coinbase led to victims surrendering credentials. U.S.
Crypto exchange Binance has expanded its reach in West and Central Africa, integrating mobile money payments for cryptocurrency purchases in six countries. This move supports Binance's goal to boost financial inclusion and make digital assets more accessible.
In a story within the decentralized prediction market sphere, a researcher has accused a crypto bettor, operating under the pseudonym ‘Fredi9999' or simply ‘Fredi,' of significantly manipulating the odds for former President Donald Trump on the crypto platform Polymarket.
A Fellow at the Carnegie Russia Eurasia Center and former adviser at the Central Bank of Russia has weighed in on the digital ruble, Russia's central bank digital currency (CBDC), highlighting its potential role in reshaping Russia's financial landscape amid sanctions.
A cryptocurrency trader has managed to make a 3,360% betting on a popular meme-inspired cryptocurrency, Goatseus Maximus ($GOAT), that has been heavily promoted by an artificial intelligence (AI) bot funded by Andreesen Horowitz called “Truth Terminal.
Tapioca DAO experienced a devastating breach that resulted in the loss of approximately $4.5 million in digital assets. The crypto hack reportedly initiated through a social engineering scheme, caused the platform's TAP token to plummet by 96.90%.
Can the former President's support for crypto increase his odds of winning?
Blackrock, the world's largest asset manager, is reportedly seeking to disrupt the $3 trillion crypto derivatives market by pushing to have its BUIDL token accepted as collateral. Discussions are ongoing with major exchanges like Binance and Deribit. The token's interest-paying structure could appeal to institutional investors seeking alternative collateral options in the growing derivatives sector.
An Indian national has been sentenced to five years in prison after being convicted of stealing more than $20 million in a crypto fraud scheme involving fake crypto websites. U.S. District Judge Kenneth D.
Victims gave up two-factor authentication codes to the fraudster, with him impersonating Coinbase customer support.
The ongoing fallout from the FTX collapse, a former executive of the troubled cryptocurrency exchange is pleading for leniency as he approaches his court hearing. Nishad Singh, who served as the company's engineering chief, has requested a lighter sentence from a federal judge in Manhattan, arguing that his role in the scandal was not as significant as that of others involved.
A Nigerian court has postponed the trial of Binance executive Tigran Gambaryan, who is currently in detention in Nigeria. One hearing was rescheduled after Gambaryan, an American citizen and head of financial crime compliance at Binance, failed to appear because he was ill.
In a fiery debate co-hosted by WBZ and The Boston Globe on Tuesday evening, Democratic Senator Elizabeth Warren (D-MA) launched a pointed attack on her Republican opponent, attorney John Deaton, accusing him of being too closely aligned with the crypto industry.
Trump's crypto plans sound perfect on paper — but what's the catch? Could Harris' understated approach hold the key to a safer, smarter crypto future?
The BRICS bloc officially embraced crypto for investments in a new bullish development on October 18.
Some executives at crypto and blockchain firms have suggested prioritizing US congressional races over the presidential election.
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BlackRock is reportedly in discussions with several centralized exchanges to allow its BUIDL fund to be used as collateral for derivatives trades As reported by Bloomberg on Oct. 18, people familiar with the matter shared that the move includes exchanges such as Binance, OKX, and Deribit.
Institutional demand is driving a significant increase in onchain loans across DeFi protocols.
Vice President Kamala Harris is reportedly eying two possible candidates to replace Gary Gensler as chair of the Securities Exchange Commission (SEC).
In another fabulous story from the crypto market, an investor has realized a staggering 3,360% return, transforming an initial investment of $86,000 into approximately $3.9 million. This extraordinary gain was achieved through an investment in the memecoin Goatseus Maximus (GOAT).
Bot-inspired meme tokens are a whole new wave of assets, verging on the meaningless. Truth Terminal is quickly turning into a crypto influencer, creating hype around the GOAT token.
You've heard of the blockchain trilemma describing the challenge of simultaneously achieving three critical objectives in designing a crypto network:
The Fairshake and Defend American Jobs PACs reported media buys for GOP and Democratic candidates in the House of Representatives ahead of the elections.
Chirag Tomar, an Indian citizen, was sentenced to 5 years behind bars on Thursday for orchestrating a multi-million dollar crypto scheme by creating fake Coinbase websites.
A significant security breach has rocked the decentralized finance (DeFi) protocol Tapioca DAO, leading to a steep decline in the value of its TAP token. On Friday, an attacker was able to drain 28 million TAP tokens from one of Tapioca DAO's smart contracts.
The United States national debt has crossed $35 trillion, with $500 billion added to the government debt in the last two weeks alone.
OKX's Rafid Mahasneh and Haider Rafique discuss their launch in the UAE, offering unique products like AED banking rails and trading pairs. This content is not an offer or solicitation to buy, sell, or hold virtual assets.
On Friday at the Vienna Macroeconomics Workshop, Fed Governor Christopher Waller opined that DeFi could complement and substitute centralized finance. He observed that the technologies responsible for this area may enhance efficiency within traditional financial operations by allowing individuals to trade assets directly without intermediaries.
BlackRock and Securitize are reportedly in talks to integrate BUIDL as collateral for derivatives trading on Binance, OKX, and Debirit.
Federal Reserve Governor Christopher Waller has just told a workshop on Friday that decentralized finance (DeFi) has the potential to complement traditional financial systems. Speaking at the Institute of Advanced Studies' Vienna Macroeconomics Workshop, Waller cited some DeFi aspects like technology as critical they can affect and support traditional financial services.
American businessman and billionaire Mark Cuban is a vocal critic of presidential aspirant Donald Trump, and these days, he doesn't spare any opportunity to express his dislike. With the 2024 elections just around the corner, presidential candidates have intensified their campaign efforts, lobbying donors and pandering to various opinion groups.
Federal Reserve Governor Christopher Waller believes that DeFi is more likely to work alongside traditional finance rather than replace it entirely. Speaking at the Vienna Macroeconomics Workshop on Oct. 18, Waller delved into the ongoing debate surrounding DeFi's role in the financial system, acknowledging its innovations while highlighting the enduring value of centralized finance.
A cryptocurrency trader has missed on a windfall after exiting their position in the Goatseus Maximus (GOAT) meme coin early, failing to capitalize on the token's recent gains.
The founders of analytics firm Glassnode say that altcoins may have one last dip before they start to outperform Bitcoin (BTC). Jan Happel and Yann Allemann, who go by the handle Negentropic, tell their 63,400 followers on the social media platform X that despite a possible near-term correction many altcoins may soon start performing well.