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news-imageOctober 30, 2024

Crypto Lobby Group CCI Expands Its Reach by Absorbing Proof of Stake Alliance

The Crypto Council for Innovation (CCI) is taking in the Proof of Stake Alliance (POSA) as regulators worldwide increase their attention to stakings' role in digital assets, where hundreds of billions of dollars are on the line.
Publisher: Coindesk
Sentiment: Positive
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Positive
cover-imagePYMNTS
October 30, 2024

Coinbase Teams With Visa for Real-Time Crypto Deposits

Visa has launched a money movement partnership with cryptocurrency exchange Coinbase. The collaboration connects Coinbase to the Visa Direct network, letting the exchange's customers deposit funds into their accounts via eligible Visa debit cards, according to a Tuesday (Oct. 29) news release.

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Negative
cover-imageCoinspeaker
October 30, 2024

Ex-FTX Exec Nishad Singh Faces Sentencing in $8B FTX Fraud

Singh's cooperation was pivotal, with prosecutors pushing for leniency due to his assistance in exposing one of the largest financial frauds in US history, which led to Bankman-Fried's conviction and significant asset recovery for victims.

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Negative
cover-imageCryptoSlate
October 30, 2024

Russia halts crypto mining in energy-strapped territories

Russia is set to restrict crypto mining in several of its regions due to ongoing energy shortages, announced Deputy Minister of Energy Yevgeny Grabchak. On Oct. 30, the state news agency TASS confirmed the impending ban, which will affect areas where electricity deficits make it challenging to support crypto mining's high power demands.

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Negative
cover-imageBenzinga
October 30, 2024

Gary Gensler's Ex-SEC Colleague Says Restrictive Crypto Regulation Is Like 'Stifling Electricity Because Of A Stake In Oil Lamps'

Former SEC lawyer and lead tech analyst at I/O Fund, Beth Kindig, on Wednesday equated restrictive policies on crypto to historic attempts at holding back major advancements, likening it to “stifling electricity because they had a stake in oil lamps.” What Happened: In an interview with Fox Business on Wednesday, Kindig suggested that regulatory resistance reflects “self-serving motives” rather than an informed view of the industry's potential for innovation.

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Negative
cover-imagePYMNTS
October 30, 2024

FTX Engineering Chief Set for Sentencing in Crypto Fraud Case

One-time FTX executive Nishad Singh is set to learn his fate Wednesday (Oct. 30) afternoon. Singh, former chief engineer at the failed cryptocurrency exchange, is scheduled to be sentenced for his part in Sam Bankman-Fried's pilfering of roughly $8 billion worth of customer funds.

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Negative
cover-imageCryptopolitan
October 30, 2024

Russia bans state-level crypto mining in regions with energy shortage

Evgeny Grabchak, Russia's Deputy Energy Minister announced on October 30th that Russia will soon place a restriction on cryptocurrency mining in some areas with electricity shortages. According to reports, Evgeny Grabchak stated that Russia will be prohibiting Bitcoin mining since there is a critical electricity shortage in some regions.

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Positive
cover-imageAltcoin Buzz
October 30, 2024

Trump Proposes ZERO Tax on American Crypto Assets

He wants to eliminate taxes on American-made cryptocurrencies, also known as crypto assets. This idea has many people talking because it could change how we think about digital money in the United States.

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Positive
cover-imageCrypto Daily
October 30, 2024

Top 5 Incubators Set to Power Web3 in 2025

In 2024, Web3 incubators are pivotal in shaping how projects grow and succeed! These incubators are specialized platforms that support startups in the decentralized tech and blockchain space, helping them overcome the complex challenges inherent to Web3.

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Positive
cover-imageCoingape
October 30, 2024

Exclusive Interview: Animoca Brands' Yat Siu On Web3 Gaming, NFTs, Mocaverse

Yat Siu's journey to blockchain pioneer includes founding Animoca Brands, a leader in blockchain gaming, and Outblaze, Asia's first free online service. He champions digital ownership with investments in OpenSea and Dapper Labs, while advancing culture and education through tech.

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Negative
cover-imageCryptonews
October 30, 2024

Thai Authorities Crack Down on $620K Crypto Fraud Ring

Thai authorities have dismantled a cross-border crypto fraud ring that scammed a woman out of over $620,000, operating through organized schemes involving identity theft and fraudulent investment opportunities across Thailand, Cambodia, and Myanmar. The post Thai Authorities Crack Down on $620K Crypto Fraud Ring appeared first on Cryptonews.

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Positive
cover-imageAltcoin Buzz
October 30, 2024

Over 60% of Indonesian Crypto Investors Are Under 30

Young investors, mostly under 30, are leading the crypto adoption charge in Indonesia. The Asian country has seen a huge uptick in crypto activities, and a recent study shows that the younger generation of investors is largely behind this.

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Negative
cover-imageAltcoin Buzz
October 30, 2024

Canadians Hesitant About Digital Dollar

Central Bank Digital Currencies (CBDCs) have not enjoyed the outcomes many initially expected. Several countries that initially moved to launch a CBDC are reportedly backing down on such plans due to the lack of public interest in such assets.

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Negative
cover-imageAltcoin Buzz
October 30, 2024

Coinbase CEO Calls for SEC Apology

Brian Armstrong, CEO of crypto exchange Coinbase, has criticized the US Securities and Exchange Commission's (SEC) inconsistent regulation of the crypto industry. Armstrong also urged the next SEC chair to apologize to Americans for its treatment of the crypto industry.

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Negative
cover-imageCrypto news
October 30, 2024

Taiwan's financial watchdog to expand oversight of crypto exchanges: report

Taiwan's financial regulator is reportedly set to enforce a registration system for crypto exchanges in late November, signaling heightened scrutiny in the sector. Taiwan‘s Financial Supervisory Commission is poised to implement a registration system for crypto exchanges on Nov.

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Negative
cover-imageReuters
October 30, 2024

Bankman-Fried's ex-deputy Singh to be sentenced over crypto fraud

Former cryptocurrency executive Nishad Singh is set to be sentenced on Wednesday for his role in his imprisoned former boss Sam Bankman-Fried's theft of about $8 billion in customer funds from the now-bankrupt FTX exchange.

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Negative
cover-imageInvezz
October 30, 2024

Russian authorities target rising home crypto mining operations

Russian authorities are intensifying a clampdown on home-based crypto miners, with law enforcement in Novosibirsk recently arresting a resident involved in substantial unauthorized mining activities. The arrest comes amid growing scrutiny over energy usage and regulations surrounding cryptocurrency mining in Russia's Siberian regions.

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Positive
cover-imageBeInCrypto
October 30, 2024

OKX Ventures, The Open Platform Launch $10 Million Telegram Growth Hub

OKX Ventures, The Open Platform (TOP), and Folius Ventures have unveiled a $10 million Telegram Growth Hub. It will provide essential funding and resources to projects that enhance user engagement on TON, supporting innovations and expanding Telegram's mini-app ecosystem.

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