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news-imageNovember 7, 2024

Chair Gensler's anti-innovation crypto crusade must end

The US Securities and Exchange Commission's approach to crypto regulation under Chair Gary Gensler is stifling innovation and pushing American digital asset companies away from developing in the US. Instead of fostering growth through clear, constructive rulemaking, the commission has relied on aggressive enforcement actions that creates uncertainty and drives jobs, investment and innovation overseas.
Publisher: Blockworks
Sentiment: Negative
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cover-imageReuters
November 7, 2024

Swiss National Bank Chairman wary of cryptocurrencies

The Swiss National Bank is wary about cryptocurrencies like Bitcoin and Ether, Chairman Martin Schlegel said on Thursday, adding physical cash would retain an important role in the Swiss payments system in future.

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Positive
cover-imageBitcoin
November 7, 2024

Defi Nears $100 Billion Milestone as Crypto Market Heats Up

According to the latest data, the crypto economy's 2.45% climb over the last day is pushing the total value locked in decentralized finance (defi) protocols tantalizingly close to a $100 billion milestone. $100 Billion in Sight in the Wide World of Defi Protocols As of 11 a.m.

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Neutral
cover-imageInvezz
November 7, 2024

Caroline Ellison, ex-Alameda CEO, begins 2-year prison sentence for role in FTX fraud

Caroline Ellison, former CEO of Alameda Research and key witness in the FTX case, reported to a low-security prison in Connecticut on Thursday to start her two-year sentence, CNBC reported. This follows her cooperation with federal prosecutors that contributed to the conviction of FTX founder Sam Bankman-Fried.

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Positive
cover-imageThe Daily Hodl
November 7, 2024

NFT Marketplace OpenSea Announces New Re-Build of Platform ‘From the Ground Up'

Leading non-fungible token (NFT) marketplace OpenSea says it is about to launch a major overhaul of its platform. In a post on social media platform X, OpenSea co-founder and CEO Devin Finzer says he has been working to rebuild the world's largest NFT marketplace. “We've been quietly cooking at @opensea.

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Positive
cover-imageCoingape
November 7, 2024

4 Crypto to Buy Now That Could Easily Double by Next Week

The recent victory of Donald Trump in the 2024 U.S. election has sparked heightened interest in the crypto market. Investors are closely eyeing select tokens, anticipating significant gains driven by increased trading volume and speculative buying.

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Negative
cover-imageCoincu
November 7, 2024

Former Alameda CEO Will Now Serve 2-Year Sentence

Former Alameda CEO Caroline Ellison reported to a Connecticut federal prison on November 7 after being sentenced to two years for her role in the FTX fraud.

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Neutral
cover-imageBitcoin
November 7, 2024

Crypto Industry Experts React as Trump's Re-Election Shakes up Digital Assets

With the U.S. 2024 election behind us and Donald Trump now set to return to the White House, voices across the crypto industry are buzzing. Many experts eagerly shared their views with Bitcoin.com News, providing a window into the community's expectations and potential shifts in the sector's future.

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Positive
cover-imageCoincu
November 7, 2024

Binance Proof of Reserves Shows $120B in Assets Across 34 Tokens

Binance Proof of Reserves reveals over $120 billion in assets, showing notable growth in BTC and ETH holdings. Binance's Bitcoin holdings increased by 2.09%, while Ethereum rose 6.20%, reflecting strong asset backing.

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Neutral
cover-imageCrypto Briefing
November 7, 2024

FTX fraudster Caroline Ellison starts her 2-year prison term in Connecticut

Caroline Ellison starts her 2-year prison sentence related to FTX fraud, following her cooperation leading to Sam Bankman-Fried's conviction. The post FTX fraudster Caroline Ellison starts her 2-year prison term in Connecticut appeared first on Crypto Briefing.

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Positive
cover-imageCryptonews
November 7, 2024

How Blockchain Can Help Ensure Trustworthy Election Results

Blockchain voting is gaining traction in the electronic voting system market, offering solutions to address transparency, security, and privacy issues in elections. See how blockchain is transforming voter confidence and how new technology applications may redefine electoral processes. The post How Blockchain Can Help Ensure Trustworthy Election Results appeared first on Cryptonews.

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Neutral
cover-imageCryptopolitan
November 7, 2024

Changpeng ‘CZ' Zhao: Don't compare me to SBF, it's an insult

Changpeng Zhao, better known as CZ, the man who built Binance from the ground up, doesn't want his name anywhere near Sam Bankman-Fried's. In his own words, comparing him to SBF, the convicted founder of FTX, is like “comparing somebody who's stealing money versus somebody who failed to register a company.

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Positive
cover-imageBenzinga
November 7, 2024

Donald Trump's Win Coupled With Macro Factors Sets Stage For 'Accelerated Cycle' In Crypto Markets, Analyst Predicts

Following Donald Trump's recent election win, crypto analyst Miles Deutscher foresees bullish momentum for the crypto market, fueled by favorable macroeconomic conditions. What Happened: In a podcast update, Deutscher shared his belief that with the Republican Party in control, crypto-friendly legislation could advance more easily, benefiting the sector.

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Negative
cover-imageCrypto news
November 7, 2024

2 UK men convicted of crypto investment fraud

The UK's Financial Conduct Authority has successfully prosecuted two men involved in a £1.5 million cryptocurrency investment fraud scheme that targeted 65 investors.

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Neutral
cover-imageCrypto Briefing
November 7, 2024

Commissioner Mark Uyeda favored as next SEC chair

A potential leadership change at the SEC could significantly alter the regulatory landscape for cryptocurrencies, impacting industry compliance. The post Commissioner Mark Uyeda favored as next SEC chair appeared first on Crypto Briefing.

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Positive
cover-imageCoindesk
November 7, 2024

Crypto for Advisors: Post Election Edition

As U.S. voters elected former President Donald Trump to be the nation's 47th president, the digital-asset market demonstrated its unique, real-time reaction capacity, surging on expectations of a crypto-friendly administration

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Neutral
cover-imageCoingape
November 7, 2024

Just-In: Changpeng ‘CZ' Zhao Hints At Selling Binance Stake

Binance founder Changpeng Zhao (CZ) has recently hinted at selling his stake in the crypto exchange, sparking discussions in the market. He said that he is getting potential offers for the sale and might consider the offer in the coming days.

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Negative
cover-imageCoindesk
November 7, 2024

Former FTX CTO Gary Wang Asks Court for No Jail Time

Gary Wang, the former chief technology officer at FTX and a one-time member of former CEO and convicted fraudster Sam Bankman-Fried's inner circle, has requested that he serve no prison time for his role in the crypto exchange's 2022 implosion.

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Negative
cover-imageCryptonews
November 7, 2024

Poland Adds Crypto.com's Operator to Financial Warning List – What's Going On?

The Polish Financial Supervision Authority has added Foris DAX MT, the operator behind Crypto.com, to its financial warning list, citing unlicensed services. This action highlights Europe's tightening regulatory stance, as Polish authorities intensify oversight on crypto platforms to protect investors. The post Poland Adds Crypto.com's Operator to Financial Warning List – What's Going On? appeared first on Cryptonews.

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Positive
cover-imageBenzinga
November 7, 2024

Coinbase CEO Brian Armstrong Warns: 'Being Anti-Crypto Is A Good Way To End Your Career'

Coinbase Inc. (NASDAQ:COIN) founder Brian Armstrong issued a strong warning to lawmakers, stating that opposing cryptocurrency is now a "good way to end your career." What Happened: Armstrong's comments follow election results that, according to his “reflections on the election through a crypto lens,” signal a shift in U.S. political support toward pro-crypto policies and candidates.

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Negative
cover-imageCrypto news
November 7, 2024

SEC trying to dismiss three Kraken defenses in lawsuit

The U.S. Securities and Exchange Commission is urging a federal court to dismiss three defenses presented by cryptocurrency exchange Kraken in an ongoing lawsuit concerning alleged securities violations.

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