Following a meeting on Nov. 7, the Fed's Federal Open Market Committee (FOMC) cut the US interest rate by another 25 basis points (bps), lowering it to 4.5% from 4.75%. The crypto and equities markets remained unfazed, as investors likely already priced the cut.

The 47th President-embellished meme coins are getting slaughtered a day after the Election results came in.

Beginning in mid-2025, Detroit residents can pay taxes and other city fees using crypto through a platform managed by PayPal.

Toronto police are investigating the kidnapping of Dean Skurka, CEO of WonderFi. Skurka was abducted in downtown Toronto during rush hour on Wednesday, Nov. 6.

Binance founder Changpeng Zhao's net worth reportedly surged by $12.1 billion in a single day. On November 6, it was confirmed that Donald Trump won the 47th presidential election in the United States, raising Zhao's net worth by $12.

Wang, a software engineer and one of the original architects of FTX, is the first to admit to the misconduct that contributed to the downfall of the platform. Court filings reveal that he voluntarily stepped forward in December 2022, just weeks after FTX's abrupt collapse.

The fortunes of some of the world's wealthiest individuals surged on Wednesday following Donald Trump's presidential election victory.

Cooperation with prosecutors and aiding in Sam Bankman-Fried's conviction could sway the former FTX executive's fate.

Caroline Ellison, former CEO of Alameda Research and key witness in the case against FTX founder Sam Bankman-Fried, reported to a low-security federal prison in Connecticut on Thursday. In September, the court sentenced Ellison to two years in prison and ordered her to forfeit $11 billion for her role in the fraud and conspiracy that collapsed the cryptocurrency

The US Federal Reserve Chairman Jerome Powell has reiterated the next plan for the bank following its latest 25 basis points interest rate cut. In a widely televised speech, the Fed Chair said the United States economy is not on a preset course, implying more monitoring is necessary.

Like the internet itself, decentralized networks aren't always the most efficient tools for some tasks. However, the open, permissionless nature of these networks creates intense competition that often serves customers better than technical efficiency alone, says EY's Paul Brody.

The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.

Uyeda's potential leadership at the SEC could redefine U.S. crypto regulation, fostering innovation through clearer guidelines and industry collaboration. The post Who is SEC's Mark Uyeda?

Blockchain technology could redefine traditional financial processes, according to Paul Giordano, vice president of digital assets at MARA. Giordano, scheduled to speak at the upcoming Benzinga Future of Digital Assets event, emphasized the potential for efficiency in areas such as cross-border payments and transaction clearing.

The DeFi analytics platform IntoTheBlock confirmed on November 7 that high-risk DeFi loans had surged due to market sentiment increasing their demand among investors. The DeFi analytics firm still expressed growing concern about volatility within DeFi due to the U.S. presidential elections.

The California Department of Financial Protection and Innovation (DFPI) has taken decisive action against BlockFi Lending LLC by revoking its California Financing Law license. This move comes in response to multiple violations identified by the regulatory body.

Dean Skurka was abducted after being forced in a vehicle in downtown Toronto on Wednesday, the report said.

Jeff Hurd and Scott Perry, both in favor of FIT21, won close elections against their Democratic rivals for House seats in Colorado and Pennsylvania.

After Donald Trump's presidential win on Nov. 6, tech and crypto billionaires like Elon Musk, Changpeng Zhao and Brian Armstrong saw their net worth rise. The post Elon Musk, Changpeng Zhao, Coinbase's Brian Armstrong Add Billions to Net Worth Post-Trump Win appeared first on Cryptonews.

Ellison was the co-CEO of Alameda Research and also the ex-girlfriend of former FTX CEO Sam Bankman-Fried.

Memecoins are crucial to the blockchain and the cryptocurrency community, and Binance Research highlights their unique value proposition. According to Binance rerport, the rise of memecoins coincides with the expansion of the world's money supply.

With the crypto-friendly Donald Trump being elected president, industry leaders are now awaiting his first big move, which could be appointing a new chair of the U.S. Securities and Exchange Commission.

There is almost no limit to the things we can build if we understand what blockchains are really for, says Ethereum researcher Vlad Zamfir.

The token's market cap neared $1 billion.

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.

Gary Wang's legal team asked for the FTX co-founder to be spared from prison, much like fellow exec Nishad Singh was after cooperating.

Binance launches MOG futures with 75x leverage as MOG trading volume surges 280%. The post Binance launches MOG meme coin futures trading with 75x leverage appeared first on Crypto Briefing.

Changpeng Zhao (CZ), the billionaire founder of Binance, made his return to the public eye at the Coca-Cola Arena in Dubai, after his recent release from Federal Correctional Institution Lompoc II, where he served four months for failing to implement adequate anti-money laundering (AML) measures at Binance.

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.

Wang's collaboration with the government could enhance regulatory oversight and deter future crypto exchange fraud, impacting the industry's trust. The post FTX CTO helps US government build crypto exchange fraud detection tools in bid to avoid prison appeared first on Crypto Briefing.

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.

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.

Caroline Ellison, the former chief executive officer of Alameda Research, has begun her two-year prison sentence following her conviction related to the FTX crypto exchange collapse. Ellison, who reached a plea deal with U.S.

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.

Explore how Trump's presidency may shape the future of crypto and the potential impact of his policy on crypto companies.

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.

Caroline Ellison, former chief executive of Alameda Research and a pivotal witness in the case against FTX founder Sam Bankman-Fried, has reported to a low-security federal prison in Connecticut following her two-year sentence, according to a CNBC report.

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.

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.

With Trump set to return, Gensler's leadership at the regulatory commission hangs by a thread.

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.

Binance founder and former CEO has disclosed life after prison and the current insight on his ownership of Binance

Zhao did not say if he plans to sell his company shares, nor for how much or to whom, but says he's happy to review offers.

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.

Caroline Ellison, the star witness in the prosecution of FTX founder Sam Bankman-Fried, reported to a low-security federal prison in the suburbs of Connecticut.

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.

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.