David Chiu views stablecoins as a promising and expansive market for Hong Kong.

Despite the growing number of investors, only 10% held over $7,200 worth of digital assets in their crypto portfolios.

In a bold move signaling its commitment to the cryptocurrency political landscape, Coinbase has pledged $25 million to the super PAC Fairshake, aiming to bolster crypto-friendly candidates in the upcoming 2026 midterm elections.

De Nederlandsche Bank fined Bybit $2.4m for offering crypto services in the Netherlands without mandatory registration. The Netherlands‘ central bank, De Nederlandsche Bank, has fined Bybit €2.2 million ($2.

The decentralized finance total value locked surpassed the $90 billion mark for the first time since August. According to data provided by DeFi Llama, the total DeFi TVL is currently sitting at $90.23 billion with a trading volume of $7.

Stablecoin expansion is fueling demand for short-term U.S. government bonds—Treasury bills (T-bills), says the U.S. Treasury's latest meeting minutes. These records from October 29 reveal that as crypto-backed stablecoins grow, so does interest in T-bills.

On October 30, Russia's Deputy Energy Minister, Evgeny Grabchak, announced plans to restrict cryptocurrency mining in regions suffering from electricity shortages.

A new announcement from a Russian Deputy Minister of Energy claims that the state will ban crypto mining in several regions. The cited cause for these temporary bans is electricity grid deficits.

Kraken, a leading cryptocurrency exchange, is reportedly laying off 15% of its employees amid the internal restructuring the firm announced on Wednesday.

Former FTX executive, Nishad Singh, avoids prison time after being sentenced the Manhattan federal judge. Singh is sentenced to three years of supervised release for his role in FTX's collapse.

Crypto exchange Coinbase has seen a positive response to its blockchain powered digital medals at the 2024 Nike Melbourne Marathon Festival.

On October 30, numerous significant crypto platforms observed an influx of dangerous popups that encouraged users to link their wallets. Information about the unauthorized access originated from a supply chain attack on the widely used Lottie Player animations library.

Coinbase said it has committed a further $25 million to Fairshake to boost pro-crypto candidates ahead of the 2026 midterms.

Coinbase chief executive Brian Armstrong publicly went on to criticize the US Securities and Exchange Commission, declaring its stance on cryptocurrency “confusing and inconsistent”. He pointed out the issue of regulatory uncertainty as something looming over the sector's head, which is hurting innovation and investor trust.

Under bail conditions, the teen must follow a night curfew, stay off social media, and limit laptop use to educational purposes only.

South Korea's crypto market skyrocketed in the first half of 2024, with 7.8 million investors and daily trading volumes rising by 67% to $4.4 billion.

With over 320 million subscribers, James “MrBeast” Donaldson has amassed one of the largest audiences on YouTube. Known for his attention-grabbing content, MrBeast's involvement in crypto projects has recently come under scrutiny, as blockchain analysts reveal evidence of alleged insider trading and token manipulation.

South Korea's cryptocurrency investor population has surged to new heights, reaching 7.78 million in the first half of 2024, up 21% from the 6.45 million reported in the latter half of 2023. The post South Korea's Crypto Investor Base Surges to 7.78M in First Half of 2024, Marking a 21% Growth appeared first on Cryptonews.

Robinhood's Q3 2024 earnings report revealed a significant surge in crypto trading volume, reaching $14.4 billion, marking a 114% year-over-year increase from Q3 2023.

The US Treasury Department is exploring the impact of stablecoin growth on the demand for short-term Treasury bills.

Two weeks after Grayscale submitted its application to convert the Grayscale Digital Large Cap Fund (GDLC) into an ETF, the Securities and Exchange Commission (SEC) confirmed the filing.

Coinbase, a16z, Multicoin Capital, and Paradigm have filed an amicus brief supporting Beba LLC and DeFi Education Fund's preemptive lawsuit against the SEC.

Former FTX head of engineering Nishad Singh has avoided prison time in the ongoing legal aftermath of the crypto exchange's collapse. The sentencing took place on Wednesday in Manhattan, where Judge Lewis Kaplan emphasized Singh's exceptional cooperation with authorities.

Bitcoin mining firm Riot Platforms reported a 65% year-over-year revenue increase in the third quarter of the year. The post Riot Platforms Reports 65% Revenue Growth Despite Mining Expansion Setbacks appeared first on Cryptonews.

The crypto industry has criticized financial regulators in the United Kingdom (UK) for their slow and stringent application approval process, but a blockchain think tank believes good crypto regulations will take time to shape and implement.

a16z crypto warns that fraudulent invitations are circulating, mimicking their official communications.

Coinbase also plans to boost advocacy group Stand with Crypto, aiming for four million members by the 2026 midterms.

Robinhood Markets Inc. (NASDAQ:HOOD) reported a twofold surge in cryptocurrency volumes in the third quarter. What Happened: The company released its financials after Wednesday's closing bell and revealed a cryptocurrency notional trading volume of $14.4 billion, up 112% from last year.

Coinbase's CEO calls on the next SEC chairman to drop “frivolous cases” and apologize to the American people for past actions, citing inconsistent crypto regulations. ‘Withdraw Cases, Apologize': Coinbase CEO's Challenge to Future SEC Leadership Coinbase CEO Brian Armstrong criticized the U.S.

Kraken job cuts 400 jobs to streamline operations and boost agility.

Riot has reduced its hashrate projections due to delays in expansion at its recently acquired Kentucky facility.

A public relations firm claims Satoshi Nakamoto will reveal their “legal identity” at an upcoming press conference, but spelling gaffes, broken links, and AI-generated press releases have raised eyebrows.

Japan's biggest group of crypto exchanges and blockchain firms has announced its intention to start “self-regulating” stablecoins. The post Japanese Crypto Industry to Start ‘Self-Regulating Stablecoins' appeared first on Cryptonews.

The popular Lottie Player animations library was hacked to push a crypto-draining popup on multiple websites, which has now been fixed.

Robinhood also reported a 76% year-on-year increase in assets under custody, attributed to rising crypto valuations.

Kraken named Arjun Sethi as co-CEO on Wednesday, alongside Dave Ripley, amid reports of a 15% workforce reduction. The post Kraken Trims Workforce by 15%, Welcomes New Co-CEO appeared first on Cryptonews.

Coinbase CEO, Brian Armstrong, announced that Coinbase would not scale back on its crypto advocacy following the U.S. election results, which are expected in six days. Armstrong's statement emphasized that they are committed to securing a favorable environment for crypto in U.S. legislation post-November US election.

The move promises to revolutionize the network's security by empowering its users.

Russia's Energy Ministry says it will ban crypto mining in “some” regions, with crackdowns on “illegal” miners intensifying in Siberia. The post ‘Some' Russian Regions to Ban Crypto Mining as Crackdown Continues appeared first on Cryptonews.

NYSE Arca has filed an application with the SEC to list a Grayscale exchange-traded fund (ETF) featuring a diverse array of cryptocurrencies, marking a significant push to expand institutional access to digital assets.

A new investigation of MrBeast's crypto deals reveals 50 wallets allegedly used for pumping and dumping crypto tokens.

Alameda Research has residual token holdings, which may go toward settling the FTX repayment schedule to creditors.

Russia is moving to ban cryptocurrency mining in energy-restricted regions, citing severe power shortages that could jeopardize long-term stability until 2030.

The global credit card giant has teamed up with America's largest crypto exchange again.

Many people have stumbled upon unexpected wealth thanks to cryptocurrencies. You don't have to be an expert to see that Bitcoin's price is sky-high compared to when it first started.

A report released Wednesday by the Treasury highlighted fears that the growing stablecoin market is buying up too many T-bills, and must be wound down.

Malware disguised as a Python-based trading bot has reportedly targeted crypto traders in a multi-vector supply chain attack.