The Pakistani government has proposed amendments to the State Bank of Pakistan (SBP) Act to recognize central bank digital currencies (CBDCs) as legal tender. These changes would authorize the central bank to issue, regulate, and manage digital currency in both digital and physical forms.
PolitiFi tokens themed around Donald Trump and Kamala Harris were getting dumped ahead of the Tuesday presidential elections. What happened: Maga, the largest Trump-inspired coin, dropped 0.5% over the last 24 hours, while Maga Hat crashed over 16% in this period, according to CoinGecko.
Grayscale has proposed the first US multi-crypto ETF, featuring a basket of digital assets including Bitcoin, Ethereum, Solana, Avalanche, and XRP.
Meme coins surged above other assets after huge corrections in the last 24 hours. Unlike other coins with limited impacts for similar events, these assets are known for massive sentiment swings.
Trump administration would likely bring clearer and more relaxed regulations to the industry, as per a research report from HTX Ventures. The post Crypto Companies Could See More US Listings if Trump Wins: Report appeared first on Cryptonews.
a16z Crypto invests $23 million towards Fairshake PACs, supporting bipartisan crypto policy-making for the 2026 midterm elections, emphasizing the need for clear regulations.
Brian Armstrong, CEO of Coinbase, criticized the government's overreach and lack of transparency amid the ongoing tussle between the cryptocurrency industry and regulatory bodies. What Happened: On Monday, Armstrong raised concerns about the “political capture” of government agencies, which emboldens them to make decisions on matters beyond their jurisdiction.
Metaplanet is touting enhanced shareholder value through “disciplined Bitcoin accumulation” following its inclusion in the CoinShares Index.
The 2024 US elections have changed the dynamics of the crypto industry bringing it to the forefront of the global financial industry. In a first-of-its-kind development, crypto donations in this presidential election have exceeded $238 million, outpacing traditional industries like oil and pharma.
Attending Token 2049 in Singapore was an exhilarating experience that not only expanded my understanding of blockchain technology but also showcased the vibrant and evolving landscape of the cryptocurrency ecosystem. Here are the key takeaways from the event that emphasized the growing significance of crypto in our digital world.
Over the weekend, Binance and Coinbase were accused of asking for millionaire fees for token listing, igniting a discussion about listing requirements, exchange rivalry, and FUD (fear, uncertainty, and doubt). Several industry figures weighed in on the matter, including Justin Sun, Brian Armstrong, and Changpeng Zhao, who denied the claims on Monday.
Glow, a solar company that uses blockchain technology, has raised $30 million in a recent funding round. This round was mainly led by Framework Ventures and Union Square Ventures.
Trump has taken a pro-crypto stance, positioning himself as a crypto candidate who supports digital currencies. His campaign includes ideas like creating a national Bitcoin reserve and replacing SEC Chair Gary Gensler, whose regulations have faced criticism from the crypto community.
How did hackers turn a superstar's fame into a crypto catastrophe?
This year has seen a major surge in inflows for crypto investment products, hitting an annual record of $29.2 billion, as revealed by a recent report from CoinShares. Weekly net inflows for the past week alone reached $2.18 billion, driven by various market factors and influenced significantly by the political climate in the United States.
Crypto is radically altering the South Korean job market, domestic media outlets have claimed, with younger people prioritizing Bitcoin trading over traditional ways of making money. The post How Crypto Is Reshaping the South Korean Job Market appeared first on Cryptonews.
The industry needed a friend after the Biden Administration. But getting into bed with Trump comes with plenty of risks, says Ben Schiller.
A swathe of major firms from traditional finance have partnered to launch the Global Dollar Network, a regulation-compliant network designed to accelerate the adoption of stablecoins.
a16z and Coinbase have pledged substantial funds to crypto PAC Fairshake, aiming to support crypto-friendly candidates in the 2026 U.S. midterm elections.
Binance founder Changpeng Zhao, or “CZ,” is back in the limelight after serving four months in jail. One of Zhao's first public appearances was at the Binance Blockchain Week conference, where he discussed his experience, future plans, and current relationship with the exchange he founded.
Key industry figures have claimed exorbitant fees. Recently, Justin Sun, founder of the Tron network, alleged that Coinbase demanded fees totaling $330 million to list Tron (TRX).
An analyst who accurately called the market collapse of 2022 says that a massive black swan event could crush altcoins ahead of the US election.
Newly surfaced documents reveal over 20 cases where regulators allegedly pressured banks to halt crypto services, raising concerns of a covert crackdown on U.S. crypto firms. 20 Secretive Regulator Moves Targeting Crypto in Operation Chokepoint 2.
Here's a round-up of the crypto industry's most viral, headline-grabbing moments in the lead-up to Election Day on November 5.
Several leading South Korean banks and retail giants have joined the central bank's fast-expanding CBDC pilot. The post Major South Korean Banks, Retailers Join CBDC ‘Real-world' Pilots appeared first on Cryptonews.
The recent OpenSea teaser has unsurprisingly sparked a flurry of speculation.
A new report from Binance Research has raised red flags over the high risks in the memecoin market, revealing that 97% of these tokens have either failed or become inactive shortly after launch. The report also exposes widespread manipulation, where coordinated groups orchestrate pump-and-dump schemes that leave everyday investors bearing the brunt of losses.
Crypto Super PAC Fairshake's founder, Chris Dixon, said in a November 4 blog post that it had received $23 million from Andreessen Horowitz's web3 branch in a16z. CNBC shows that the crypto collective and its affiliates have garnered over $78 million. The post Andreessen Horowitz Donates $23 Million To Crypto Super PAC Fairshake appeared first on Cryptonews.
The move is part of MAS's broader vision to promote institutional digital asset adoption under the tokenization initiative "Project Guardian."
Explore decentralized applications (DApps), their differences from traditional apps, and their significance in the web3 revolution, highlighting their impact on user control and security.
Crypto bigwigs and Silicon Valley mastodons rallied Fairshake's coffers for the U.S. 2026 mid-term election cycle, even hours before America decides its next president.
The SEC has begun reviewing NYSE Arca's proposal to convert Grayscale's Digital Large Cap Fund into an exchange-traded fund (ETF), marking a significant step for multi-crypto asset products in the U.S. market. The post SEC Begins Review of NYSE Arca Proposal to Uplist Grayscale Digital Fund to ETP appeared first on Cryptonews.
Top Web3 companies including Kraken, Galaxy Digital, Robinhood and Paxos have jointly launched the Global Dollar Network. This is a major statement from these firms to drive the dominance of the US Dollar, through new stablecoin use cases across the board.
Former President Donald Trump's pivot from skeptic to cheerleader has left a big mark on the cryptocurrency industry.
A consortium of financial technology and cryptocurrency companies including Robinhood , Kraken and Galaxy Digital on Monday introduced a joint stablecoin pegged to the U.S. dollar.
Anchorage Digital, Bullish, Galaxy Digital, and more launch Global Dollar Network to enhance stablecoin usage globally, featuring the new stablecoin USDG.
OpenSea announced the launch of a new version, after a year teasing about launching its 2.0 marketplace.
The Global Dollar Network aims to accelerate stablecoin adoption worldwide and to incentivize new use cases for the stablecoin USDG.
The Global Dollar Network, whose participants will earn yield for helping foster adoption of USDG, also includes Anchorage Digital, Bullish, Galaxy Digital and Nuvei.
Investors frequently select cryptocurrencies to buy based on their rankings, popularity, or recommendations.
Crypto market volatility remained low ahead of the US presidential election as investors adopted a cautious, wait-and-see approach, according to the latest edition of the “Bitfinex Alpha” report. Bitcoin's (BTC) implied volatility in the options market hovered around the low 40% range, reflecting restrained confidence in major price shifts and signaling cautious sentiment among traders.
Before even knowing the results of Tuesday's elections, crypto firms have already thrown millions at 2026. Experts say this is no accident.
Standard Chartered's Zodia Custody is raising $50 million to expand its crypto custody services amidst increasing competition from both traditional finance and crypto-native firms. Institutional Investors Drive Demand for Crypto Custody Standard Chartered's crypto custody business, Zodia Custody, is reportedly in talks to raise $50 million to fund its expansion into new markets.
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The industry's largest corporate spenders have donated a combined $160 million to a handful of pro-crypto super PACs supporting industry-friendly candidates.
The latest figure caught in the celebrity memecoin saga is the ‘Black and Yellow' rapper, but is it really him?
U.S. cryptocurrency exchange Gemini has launched a global advertising campaign as digital assets emerge as a key issue in the upcoming U.S. presidential election. The campaign, which includes physical and digital ads in major locations across the United States and London, aims to position crypto as an essential part of the future financial landscape.