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.

BlackRock is trying to have its digital money-market token, BUIDL, used as collateral in cryptocurrency derivatives trades.

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Imprisoned Binance executive Tigran Gambaryan failed to attend a Nigerian court hearing due to his poor health, forcing a delay.

The President of the Central Bank of the Latin American giant announced plans to expedite the regulation of asset tokenization and stablecoins by 2025. The bank will issue a new consultation this month to gather more input on the rules for approving VASPs' operations in the country.

BlackRock is making moves to expand the use of its digital money-market coin, BUIDL, as collateral for cryptocurrency derivatives trades. According to sources familiar with the matter shared by Bloomberg, BlackRock and its brokerage partner, Securitize, are engaged in early discussions with some of the largest global crypto exchanges.

Tapioca DAO, a decentralized money market protocol on LayerZero, has suffered a security breach that crashed its native TAP token by more than 90%. On Oct. 18, blockchain security firm Cyvers revealed that the protocol's deployer address was compromised, resulting in unauthorized changes to the vesting contract's ownership.

DeFi's integration into traditional finance could enhance efficiency but necessitates careful regulation to balance innovation with security. The post Fed's Waller says DeFi can improve efficiency in centralized finance appeared first on Crypto Briefing.

If the company's case can clear one procedural hurdle, it will have the SEC on its heels in Texas.

DeFi can complement centralized financial sectors, but won't serve as a replacement, said Federal Reserve Governor Christopher Waller.

BlackRock is in discussions to integrate BUIDL as collateral on Binance, OKX, and Deribit, aiming to transform crypto derivatives markets. The post BlackRock to integrate BUIDL fund as collateral for Binance, OKX, and Deribit appeared first on Crypto Briefing.

Judge Emeka Nwite denied bail again, stating that prison conditions can address health needs. Tigran Gambaryan's wife reported his declining health, warning of potential permanent damage.

The EU crypto regulation, Markets in Crypto Assets (MiCA), heralds a new era for an industry that will provide access to about 18% of global crypto transaction volumes. In an effort to create a framework across all European Union (EU) member states, MiCA mandated that from June 30 onwards, all stablecoin issuers hold an Electronic Money Institution (EMI) license.

The original blockchain trilemma said builders had to choose between decentralization, scalability and security. The new one is a choice between products, customers and regulatory approval, says EY's Paul Brody.

Argentina's National Securities Commission (CNV) has proposed a new regulatory framework for Virtual Asset Service Providers (PSAVs), opening a 30-day public consultation period. This initiative aims to establish clear guidelines for the operation of PSAVs in the country, inviting stakeholders to contribute their thoughts and recommendations through a “Participative Elaboration of Standards” approach.

Russian President Vladimir Putin has announced that BRICS is officially adopting cryptocurrencies for investments. This announcement came out at the Business Forum, in Moscow.

The Oct. 17 debate was likely the final time the two Senate candidates faced off before the November election.

As the crypto market teeters back into euphoric territory following a rally to three-month highs, several investors are focusing on the release of Scroll, a hyped layer-2 network that will release its native governance token next week.

Payments giant Stripe is in advanced discussions to acquire the San Antonio-based stablecoin platform Bridge for $1 billion, according to reports by Bloomberg and Forbes.

Putin confirms BRICS will discuss using digital currencies to foster investment and reduce US dollar reliance. The post Putin confirms BRICS will explore digital currencies for investment development appeared first on Crypto Briefing.

DBS Bank, the largest consumer bank in Singapore, is opening its DBS Token Services to institutional clients. This program connects the bank's functions to an EVM-compatible blockchain, enabling tokenization and smart contracts.

The cryptocurrency market has plunged, losing $287 million in liquidations, yet some digital assets remain steadfast amid the chaos. #partnercontent

The World Foundation has introduced World Chain, a new blockchain network that claims to focus on verified human users instead of bots. With 15 million verified participants already, the project aims to tackle blockchain issues like congestion and costly transaction fees. How World Chain Plans to Change Blockchain In a statement shared with Bitcoin.

OKX has announced the launch of its 'X Empire Bonus' campaign, which features a substantial reward pool of 1.2 billion X tokens.

An Indian man, Chirag Tomar, 31, was sentenced by U.S. District Judge Kenneth D. Bell to five years in prison for orchestrating a $20 million crypto fraud scheme.

World Chain, the latest blockchain development from the World Foundation, recently went live. The new development promises a human-first approach to blockchain, focusing on providing real-world applications and financial access to millions of people globally.

Another hack has shaken the crypto industry. This time, Tapioca DAO has fallen victim to a massive security breach. An attacker compromised the deployer address resulting in theft of $1.6 million of $TAP tokens. The exploit caused the token price to plummet by 93%. Let's dig into what really happened and what's at stake here.

Coinbase's research has determined that crypto, as a key topic, might be a factor capable of swaying the next election results.

The stablecoin market has expanded to over $172 billion by October 2023, with the European Union's Markets in Crypto Assets Regulation (MiCA) playing a key role in shaping its direction.

DBS Bank, the largest bank in Singapore, has rolled out DBS Token Services, a suite of blockchain-powered solutions designed specifically for institutional clients. This initiative marks a significant step in enhancing banking functionality through tokenization and smart contracts, allowing for real-time payments 24/7.

As Web3 emerges as the talk of the town across the globe, Telegram has garnered significant attention with a phenomenal 400% spike in NFT transactions on TON. Notably, as per a recent report by Helika, NFT transactions on the network soared 400% during Q3 2024.

On Thursday, both the spot bitcoin and ethereum ETFs made headway, with the bitcoin funds pulling in the largest inflows. The 12 bitcoin funds collectively received $470.48 million, while the ether funds scooped up $48.41 million.

X Empire has offered insight into its future in view of the potential launch of its native token.

Fintech companies that provide banking-like products are a hidden risk to customers, and for the most part, customers appear oblivious to the risks

DBS Bank launched Token Services, integrating blockchain, tokenization, and smart contracts for real-time payment settlements.

DBS Bank has introduced DBS Token Services, a new blockchain-based offering designed to streamline institutional banking processes.

After Bitcoin's splendid performance in the last few days, the altcoin season is now the most awaited event in the crypto market. Some of the cryptocurrencies have also exhibited a bULlish behavior with the Bitcoin price rally, but the hype for the altcoin rally is quite different.

A survey by The Digital Chamber revealed that 26 million US voters form a "crypto voting bloc," that prioritizes candidates' crypto policies in the 2024 election.

As part of its 2024 US election coverage, Cointelegraph spoke to various congressional candidates to gather their views on cryptocurrency and blockchain technology.

Former United States President Donald Trump's cryptocurrency portfolio is soaring in value, with meme coins taking center stage.

Binance Vs SEC Lawsuit: A district judge has signed key orders in the lawsuit in light of the joint report submitted by the parties and the US SEC's motion to amend the original complaint. The court has also issued a scheduling order extending the lawsuit to 2026 after the recent ruling in this major case

The developer of a post-apocalyptic Web3 game sued market maker Jump Crypto for allegedly dumping its coins on the market in breach of its contract.

Over 60 million Venmo users will now be able to purchase cryptocurrencies through Moonpay