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news-imageNovember 12, 2024

Fed's Waller: Stablecoins could bring benefits to financial system

Federal Reserve Governor Christopher Waller said Tuesday stablecoins are effectively “synthetic” dollars that can bring benefits to the financial system.
Publisher: Reuters
Sentiment: Positive
General

More News Articles

Positive
cover-imageBitcoinist
November 14, 2024

Italy's Crypto Tax U-Turn: New 28% Rate Signals A Fresh Start

Crypto watchers and investors in Italy have received encouraging news: Prime Minister Giorgia Meloni's government is considering a watered-down tax hike. From the initial proposal of 46%, which was announced last second week of October, the Italian government is currently re-evaluating the plan to limit the increase “to just 28%”.

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Negative
cover-imageBenzinga
November 14, 2024

FBI Raids Polymarket CEO Over Crypto Betting Platform's US Activities — He Fires Back: 'In The Face Of Adversity, We Build'

The Federal Bureau Of Investigation, on Wednesday, raided the home of Polymarket CEO Shayne Coplan as part of a Justice Department investigation into allegations that the crypto prediction platform allowed U.S.-based users to place bets in violation of regulatory agreements. Coplan responded on social media, expressing dismay over what he characterized as "a last-ditch effort" by the administration to target companies perceived to be associated with political opposition.

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Positive
cover-imageCoingape
November 13, 2024

Pro Crypto Matt Gaetz Nominated As Donald Trump's Attorney General

Pro-crypto Florida Congressman Matt Gaetz has been nominated by US President Donald Trump to serve as the Attorney General of the United States. Gaetz, a Republican representative known for his strong stance on justice reform and cryptocurrency advocacy, has garnered attention in recent years for his outspoken views on federal oversight and digital currency policies.

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Positive
cover-imagePYMNTS
November 13, 2024

Coinbase Acquires Utopia Labs Team to Accelerate Onchain Payments Roadmap

Cryptocurrency exchange Coinbase has acquired the Utopia Labs team to accelerate its onchain payments roadmap within Coinbase Wallet. “The Utopia team has been on the ground floor building onchain payments products for years,” Jesse Pollak, head of Base and Coinbase Wallet at Coinbase, wrote in a Wednesday (Nov. 13) post on the company's blog.

general-iconGeneral
Positive
cover-imageCryptonews
November 13, 2024

Pro-Crypto Sen. John Thune Elected as Next Senate Majority Leader

Senator John Thune of South Dakota has been elected as the next Senate Majority Leader, succeeding Mitch McConnell and positioning himself as a key ally in advancing pro-crypto legislation in the upcoming Congress. The post Pro-Crypto Sen. John Thune Elected as Next Senate Majority Leader appeared first on Cryptonews.

general-iconGeneral
Positive
cover-imageCryptonews
November 13, 2024

Off The Grid Hits New Active Wallet High – Can This Cyberpunk Shooter Conquer Web3 Gaming?

Off The Grid achieves record-breaking active wallet numbers, exceeding 207,000. This web3 shooter's unique features and blockchain integration are attracting attention. Despite a crowded market, OTG's early access performance and influencer marketing campaigns generate substantial interest. The post Off The Grid Hits New Active Wallet High – Can This Cyberpunk Shooter Conquer Web3 Gaming? appeared first on Cryptonews.

general-iconGeneral
Positive
cover-imageThe Currency Analytics
November 13, 2024

Binance Records $7 Billion Inflow Post-US Elections as Crypto Rally Accelerates

Binance, one of the world's leading cryptocurrency exchanges, has experienced an unprecedented surge in user activity, with over $7 billion in inflows. This massive influx has contributed to a significant rise in the exchange's reserves and solidified its position as a dominant player in the digital asset market.

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Neutral
cover-imageReuters
November 13, 2024

Bankman-Fried lieutenant builds fraud detection tool for prosecutors

The former FTX executive who wrote computer code that enabled his imprisoned former boss Sam Bankman-Fried to steal billions of dollars from cryptocurrency customers has built software to help the U.S. government uncover fraud in the stock market.

general-iconGeneral
Positive
cover-imageBitcoin
November 13, 2024

Digital Asset Powerhouse Wyden Snags $16.4M in Funding, Eyes Global Expansion

Wyden, a digital asset trading infrastructure provider, secured $16.4 million in Series B funding to expand its client base and strengthen its platform. Wyden to Strengthen Poland Development Hubs On Nov. 13, Wyden, the digital asset trading infrastructure provider, announced it had secured approximately $16.4 million (CHF 14.5 million) in a Series B funding round.

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Positive
cover-imageTrustnodes
November 13, 2024

Hut 8 Reports Third Quarter 2024 Results

Strategic initiatives drive revenue growth, balance sheet strength, and competitive position across AI compute and Bitcoin mining

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Positive
cover-imageCryptoSlate
November 13, 2024

BlackRock strengthens tokenization push with BUIDL's multi-chain expansion

BlackRock's USD Institutional Digital Liquidity Fund (BUIDL) has expanded its reach to multiple blockchain networks, including Aptos, Arbitrum, Avalanche, Optimism, and Polygon, according to a Nov. 13 statement. This expansion is part of BlackRock's strategy to strengthen its tokenization efforts, transforming BUIDL into a multi-chain asset.

general-iconGeneral
Positive
cover-imageCoinPedia
November 13, 2024

Nasdaq To List Japanese Crypto Exchange Coincheck After SEC Approval

In a groundbreaking move, Coincheck, a Japanese cryptocurrency exchange owned by Monex Group, has secured SEC approval to list on the Nasdaq, which makes it the first Japanese crypto exchange to do so. Coincheck is anticipated to make its debut as early as December 10th.

general-iconGeneral
Negative
cover-imageCryptopolitan
November 13, 2024

US DOJ lawsuit targets $16M in Binance crypto linked to SBF's bribery and laundering claims

The US Department of Justice (DOJ) wants to seize about $16 million of crypto in a Binance account. In a civil forfeiture lawsuit filed before the US District Court for the Southern District of New York, the DOJ claims its lawsuit follows a year of federal agencies' investigation into Sam Bankman-Fried's (SBF) activities.

general-iconGeneral
Positive
cover-imageCryptopolitan
November 13, 2024

US Senate Republicans picks pro-crypto John Thune as their next leader

Senator John Thune from South Dakota, a pro-crypto advocate and veteran GOP lawmaker, just won the vote to lead the Senate Republican majority next year. Thune served as Mitch McConnell's right-hand man for years, and he is stepping into the leadership role as McConnell retires after nearly two decades as the Republican leader.

general-iconGeneral
Positive
cover-imageCryptopolitan
November 13, 2024

US Senate Republicans pick pro-crypto John Thune as their next leader

Senator John Thune from South Dakota, a pro-crypto advocate and veteran GOP lawmaker, just won the vote to lead the Senate Republican majority next year. Thune served as Mitch McConnell's right-hand man for years, and he is stepping into the leadership role as McConnell retires after nearly two decades as the Republican leader.

general-iconGeneral
Positive
cover-imageCryptonews
November 13, 2024

Underbanked Us Households Use Crypto More Than Banked: FDIC Reports

The FDIC's 2023 survey uncovers that underbanked U.S. households, at 6.2%, lead in cryptocurrency usage over their fully banked counterparts (4.8%). This report dives into the demographics, adoption trends, and the evolving role of crypto as a financial tool, shedding light on banking disparities and digital asset growth. The post Underbanked Us Households Use Crypto More Than Banked: FDIC Reports appeared first on Cryptonews.

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Negative
cover-imageCoingape
November 13, 2024

3 Warning Signs Indicating Crypto Market is Going to Crash

Crypto market seems to be little overheated, some industry leaders say that amidst the ongoing parabolic rally the crypto market crash could happen before the next surge. Historically, there are key indicators that can help predict an impending crypto market crash.

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Positive
cover-imageCrypto Economy
November 13, 2024

BlackRock's BUIDL Fund Now Compatible Across Major Blockchains for Greater Access

TL;DR BlackRock has expanded its tokenized BUIDL fund, initially launched on Ethereum, to include new blockchains such as Aptos, Arbitrum, Avalanche, Optimism, and Polygon. The expansion allows more investors, DAOs, and digital asset companies to interact with BUIDL, offering on-chain yields, dividends, and near real-time transfers.

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