The firm's new miners aim to raise its hashrate to 9.3 EH/s, boosting energy efficiency by 37%. The company's cryptocurrency mining upgrade will improve power efficiency to 19.9 J/TH.

Crypto.com will launch its Level Up reward program, aiming to reinvent its brand in 2025 to combine crypto and fiat services.

Cryptocurrency users from across the globe are welcoming the success of Polymarket, a Polygon-based on-chain prediction market. During the U.S. presidential election last night, it handled enormous traffic increase with zero delays and surprisingly evolved into a go-to source of live news about election results.

The Korea Digital Asset Exchange Association has assigned trade warnings and terminated support for ORB and TEMCO tokens, stating both projects have violated the Virtual Asset User Protection Act that may impact on their asset values.

This means that the platform cannot offer new services or accept new customers, but users can still withdraw their funds. The extension comes just days before the second anniversary of the crypto exchange's collapse.

Coinbase chief legal officer Paul Grewal has urged the SEC to foster crypto innovation over litigation amid Trump's pledge to fire Gensler.

As the online casino industry continues to grow, the demand for enhanced security measures is paramount. Blockchain technology offers unprecedented levels of safety and transparency.

As Donald Trump is set to return to the White House, 247 pro-crypto candidates have been elected to the US House of Representatives, and 15 have been elected to the US Senate.

MicroStrategy and Coinbase both added 12%, with bitcoin miners also gaining more than 10% in pre-market trading.

Fortune announced its 2024 Fintech Innovators Asia list , recognizing Gate.io among the top 10 in the “Blockchain and Crypto” category.

JPMorgan shifts towards FX spreads as part of its strategy to generate additional revenue for the Kinexys network.

Crypto industry leaders celebrate the victory of Donald Trump's victory as the 47th US President, even before the official announcement. The post Crypto.com CEO, Gemini Co-Founder Congratulate Donald Trump on Winning US Election appeared first on Cryptonews.

American TV personality and sports commentator Skip Bayless became the latest victim of crypto scammers who compromised his X account to promote a Solana-based token called SKIP.

Former President Donald Trump has won the 2024 U.S. presidential election, beating his opponent, Vice President Kamala Harris.

The five largest Trump bettors could stand to win a combined $81 million in profit.

The bankrupt FTX exchange has filed a lawsuit against Ryan Salame, the former co-CEO of its Bahamian subsidiary, seeking to recover approximately $98.8 million in cash and crypto, according to a Nov. 4 court filing.

Bybit has announced its registration as a Virtual Asset Service Provider (VASP) by the National Bank of Georgia, marking a significant step in the company's commitment to regulatory compliance in the country.

Users can earn up to 8% in uncapped rewards on Crypto.com Card spending initially, with rates tapering to 5% in later years.

Former President Trump wins historic second term as Bitcoin hits record $75.3K, boosted by his pro-crypto stance and promises to make US a crypto hub.

Bitcoin soared to a new high after Trump's election win. Here are the top 5 cryptocurrencies to invest in under his presidency.

Coinbase has launched a new Engineering Hub in Singapore to enhance the local developer ecosystem, providing resources and training to foster blockchain talent and support the region's digital transformation efforts in the Asia-Pacific. The post Coinbase Opens Engineering Hub in Singapore to Foster Crypto Talent appeared first on Cryptonews.

Donald Trump was not always a cryptocurrency fan, but the community has rallied around him as a pro-crypto candidate in the 2024 US presidential election.

Artificial general intelligence must be adopted with novel development methods, including decentralization and physical embodiment.

The investors are keeping a close track of the US election, while Coinbase execs highlighted the growing influence of crypto in the political landscape this year. CEO Brian Armstrong pointed towards how pro-crypto sentiment is hovering in the market, while CLO Paul Grewal urges the US SEC to change its stance on digital assets now.

It was in 2016 that Donald Trump became the president of the United States of America for the first time. At that time, the cryptocurrency industry was in its nascent stage. In the previous election, he was defeated by Joe Biden.

Major bettors on the political gambling platform Polymarket are poised to reap substantial profits amid Donald Trump's victory in the 2024 presidential election. The post Polymarket Whales Net Millions from Election Bets as Trump Secures Win appeared first on Cryptonews.

JPMorgan Chase plans to launch an instant EUR-USD conversion service on the Kinexys blockchain.

An NFT created by blockchain investigator ZachXBT to document a $243M theft investigation was automatically converted into a tradable token by the Zora protocol, reaching a $15M market cap before falling to $4M.

Israel's State Comptroller has reportedly held the tax authority accountable for weak crypto tax collection as the nation's debt rises during ongoing war. The post Israel State Auditor Holds Tax Authority Accountable for $800M Crypto Tax Gap: Report appeared first on Cryptonews.

Venture capital funding in crypto startups reached $860 million in October 2024, with infrastructure solutions securing the largest share at $609 million, while gaming and DeFi sectors also showed growth.

Although the details are under wraps, OpenSea's co-founder and CEO, Devin Finzer, shared on social media that they have “reimagined everything.” He said they are building a better platform from scratch.

The global crypto ATM market, worth $87.35 million in 2023, is expected to grow at an average rate of 45.7% per year, reaching $2.58 billion by 2032. The global crypto ATM market, valued at $87.

ScamSniffer has reported that over 12,000 victims lost $20.2 million to crypto phishing incidents in October 2024, marking a 56% drop in the amount stolen via crypto scams compared to the previous month. However, the number of victims increased by 20% during the month.

With Trump's victory all but assured, the user stands to win $29 million from an $18 million bet, translating to $11 million in pure profit.

Senator Elizabeth Warren secured her fourth term in Massachusetts with 74% of the vote, defeating crypto advocate John Deaton despite substantial industry support for his campaign.

ARK Invest CEO Cathie Wood thinks blockchain and a handful of other technology sectors could grow under a Donald Trump administration. Wood says in a new YouTube video that federal deregulation could drive tech innovation.

Decentralized exchanges COW and CETUS recorded a sharp increase in their prices following a listing announcement from Binance.

With now US President-elect Donald Trump ready to take on the white house, Bitcoin supporters are hopeful he'll deliver on his pro-crypto promises. From backing Bitcoin to making clearer regulatory rules and launching his own DeFi protocol the stakes are high for crypto.

Pro-crypto super PAC Fairshake spent $40 million to successfully unseat Senate Banking Committee Chairman Sherrod Brown in Ohio's Senate race, helping Republican Bernie Moreno win with 50.5% of the vote.

Bernie Moreno, a businessman, has defeated Sherrod Brown in the Ohio Senate race. This victory has excited crypto investors, as Sherrod Brown had previously taken numerous actions against the crypto market.

Starting on November 6th, 2024, at 12:00 UTC, Binance will open trading for these tokens. The new trading pairs will be COW/USDT and CETUS/USDT.

Circle's CEO Jeremy Allaire sees stablecoin products moving under the framework of a globally regulated framework—and his company will be leading the charge.

Cryptocurrency markets are particularly volatile on U.S. election day, with political-themed meme coins and prediction markets seeing significant volumes.

Donald Trump branded himself as the pro-crypto candidate for president on the campaign trail.

Senator Elizabeth Warren won her reelection to a fourth term in the U.S. Senate on Tuesday, beating back Republican challenger John Deaton in a Massachusetts contest.

Japan's Financial Services Agency (FSA) is drafting new laws to prevent domestic assets from being transferred out of the country in case foreign crypto exchanges go under.

JPMorgan is rolling out instant dollar-euro FX settlement on its Kinexys blockchain, with sterling set to follow pending regulatory clearance. Banking giant JPMorgan Chase & Co.