Contributions from Coinbase and statements from executives suggested that crypto companies were likely to keep pouring money into future US elections.

Detroiters will soon be able to pay their taxes and other city fees with crypto through PayPal, according to a Thursday announcement from Detroit's Office of the Treasury.

Paul Giordano, vice president of digital assets at MARA, shared his perspective on the European Union's upcoming Markets in crypto-assets (MiCA) regulation. MiCA aims to set clear guidelines for the cryptocurrency industry across the EU.

Bitcoin and the cryptocurrency market maintained positive price action following the first Federal Reserve rate slash after Donald Trump's win.

Fairshake, the top crypto PAC, won virtually every race it put major money behind—an unprecedented feat, experts told Decrypt.

Donald Trump's election win is expected to impact the regulatory landscape for cryptocurrencies, with industry experts advocating for clear, global policies to support mainstream crypto payments. With the potential for regulatory change under Trump's administration, experts tell Benzinga that clear regulations and technological advancements are essential for building consumer trust and expanding the utility of crypto in daily transactions.

Detroit is set to become the largest U.S. city to accept cryptocurrency for tax and fee payments. Starting mid-2025, residents can use crypto to make payments through a platform managed by PayPal, Detroit officials announced today.

Shrugging off a Q3 earnings loss, Galaxy Digital executives hyped up the potential impact of a Donald Trump presidency on crypto.

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.

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.

If COW drops below $0.30, a bearish trend can likely take over.

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.