The CEO allegedly used the funds to pay company liabilities. The exchange operated for over three years and is currently under liquidation.

Minneapolis Federal Reserve President Neel Kashkari said crypto is “almost never” used outside of drugs and criminal activity — but evidence points to the contrary.

Cryptocurrency industry members in Argentina expressed their opinions regarding a new draft that proposes restrictions on the operation of crypto institutions in the country. If the draft is approved, each institution will register with a minimum capital amount to operate on Argentine soil.

Komainu said that the acquisition, pending approval from the MAS, is expected to strengthen its presence in Singapore.

CFTC Chair Rostin Behnam hopes a new Congress and president can accelerate crypto regulations.

Commodity Futures Trading Commission chair, Rostin Behnam, has urged Congress to address the regulation of cryptocurrency and election betting legislation. What Happened: Behnam made these remarks during the Securities Industry and Financial Markets Association's annual meeting Monday, as reported by The Block.

Transak experienced a data breach affecting over 92,000 users due to a phishing attack.

The dodgy transaction happened just two months before the firm went bust in September 2022, says the Australian financial regulator.

The Grass team announced details for the upcoming airdrop, rewarding users based on Grass Points earned.

Coinbase has filed two Freedom of Information Act (FOIA) requests against U.S. regulators

The latest weekly digital asset fund flow report from CoinShares has revealed that last week, crypto asset investment products saw roughly $2.2 billion in net inflows globally, marking the largest inflow since July. This rise in inflows comes amid the gradual recovery of top crypto assets last week, with the majority now reclaiming major highs and registering nearly double-digit gains over the past 7 days.

Solana-based memecoin launch platform Pump.fun teased a new token and potential airdrop following its most successful week to date. The announcement was made during a Twitter Spaces event introducing Pump Advanced, the platform's latest trading terminal designed to compete with established tools like Photon and Bull X.

The recent upward trend in the crypto market has raised the question: Why is crypto going up?

The Japanese crypto exchange operator DMM's blockchain gaming and NFT arm DMM Crypto says it has received funding from Neoclassic Capital and others as it eyes “global expansion.”

Andrew Tate's response to Coffeezilla shows he's thin-skinned and doesn't care about the people who have invested in his tokens.

Political donations made by the US crypto industry have surged to record highs after surpassing $190 million as the final stretch of the election cycle approaches, CNBC reported on Oct. 20. This represents a significant increase from previous election cycles, marking nearly a 13-fold jump from the $15 million spent in 2020.

The UK financial regulatory agency sticks to its decision to continue implementing stringent rules in the registration process of businesses involved in cryptocurrencies. The Financial Conduct Authority (FCA) asserted that UK's tough regulations on crypto firms serve as a deterrence to prevent these companies from becoming conduits for any money laundering activities.

Crypto exchange Coinbase is seeking documents from the FDIC over whether the bank regulator privately prohibited depository institutions from holding digital assets.

The chair of the Commodity Futures Trading Commission, Rostin Behnam, recently highlighted the issue of Congress's inaction around cryptocurrency regulations and predictive election betting. At the SIFMA meeting, Behnam discussed the need for setting up specific legal regulations for these developing industries.

The deal highlights Stripe's growing focus on crypto, following its recent integration of USDC and partnership with Coinbase's Base network.

Stripe plans to acquire stablecoin payments platform Bridge. Stripe CEO Patrick Collison and Bridge CEO Zach Abrams announced the plan in separate Monday (Oct. 21) posts on social platform X.

Minneapolis Federal Reserve President Neel Kashkari said “very few transactions are actually happening” in crypto at a town hall in Wisconsin.

Bitriver, a Russian data mining company, has partnered with the Russian Direct Investment Fund (RDIF) to expand data center infrastructure and AI projects across BRICS countries. The goal is to boost Russia's presence in AI and cryptocurrency mining. Both entities plan to build data centers and focus on enhancing their potential.

Fiat-to-crypto payment gateway Transak was reportedly the victim of a hack on October 20 by ransomware collective Stormous, putting thousands of users' data at risk.

Neel Kashkari, president of the Federal Reserve Bank of Minneapolis, hammered crypto again, claiming that legitimate transactions are rare. According to him, the only reason most people touch crypto is for illegal purposes like drugs.

Africa is growing in technology with upcoming skilling in AI and Blockchain. Representation throughout the world is needed including strong women in AI and Blockchain.

Cryptocurrency investment products recorded a major spike in inflows last week, reaching $2.2 billion, the highest inflow recorded since July.

With Japans election nearing, Democratic Party for the People leader Yuichiro Tamaki has put forward a proposal to lower crypto taxes to 20%. This move aims to streamline crypto gains taxation and position Japan as a global leader in Web3 innovation.

CAT coins price jumped 40% today as Binance unveiled 75x leverage perpetual contracts, igniting a bullish trend. Trading volumes have soared, reflecting strong investor enthusiasm for the meme coins future prospects.

“Pretty liberal” rock duo The Black Keys will play a Coinbase-backed event in Ohio, as a PAC backed by the exchange aims to elect a hardline conservative to Senate in the battleground state.

Transak, a company providing fiat-to-crypto services, has reported a significant data breach affecting more than 92,000 users. In an Oct. 21 update, the firm revealed that the breach stemmed from a phishing attack targeting an employee's laptop, leading to unauthorized access to sensitive user information.

Tamaki's crypto tax reform suggests a 20% rate, encouraging Web3, and NFTs.

Stripe will buy stablecoin infrastructure provider startup Bridge, the fintech said in a tweet on Monday without disclosing the deal value.

Recently, Raoul Pal, Co-Founder and CEO of financial education platform Real Vision, shared his thoughts on how the growing convergence of AI and blockchain could reshape society and the economy.

CNBC's MacKenzie Sigalos joins 'Power Lunch' to discuss Crypto PACs spending.

Trust Wallet temporarily suspended Transak's fiat-to-crypto payment service after the Miami-based firm suffered a data breach. According to Transak's official statement, hackers gained compromised credentials through “unauthorized access” to a third-party employee's laptop.

During a recent event in Wisconsin, Neel Kashkari, president and CEO of the Federal Reserve Bank of Minneapolis, stated that crypto is used for "very few" transactions.

U.S. CFTC Chair Rostin Behnam has a wish list for Congress to move on — legislation directed toward crypto and election betting.

The exchange asked regulators to disclose documents relating to an ongoing crackdown on crypto companies among US banks.

Coinbase filed two new Freedom of Information Act (FOIA) requests on Oct. 18, seeking regulatory clarity for crypto in the US. The new requests are directed at the Federal Deposit Insurance Corporation (FDIC) and were filed by History Associates Incorporated on behalf of the exchange.

V3V Ventures, a $20 million VC fund that invests in start-ups and cutting-edge technologies in crypto, NFTs, and Web2 and Web3, has invested in a number of prominent Telegram usernames. The fund has invested $5 million acquiring usernames such as: @buzz, @trade, @startups, @ether, @trading, @venture, @insta, @anime, @freelancer, and @trade.

A bipartisan group of 18 US state attorneys general is asking President Joe Biden and Secretary of State Anthony Blinken to take action in securing the release of Binance's compliance officer Tigran Gambaryan from a Nigerian prison.

Digital assets manager CoinShares says that institutional crypto investors dropped billions of dollars into crypto products last week. In its latest Digital Asset Fund Flows report, CoinShares says that institutional crypto investment products saw a surge in inflows to the tune of $2.2 billion on net last week.

Bitcoin (BTC-USD) pulls back from the $70,000 mark amid a recent rally ahead of the US presidential election. Axios Crypto reporter Brady Dale joins Catalysts Hosts Seana Smith and Madison Mills to discuss what the election means for crypto investors.

The team behind Ethereum Layer 2 blockchain Scroll announced it will distribute 7% of the new SCR token's total supply in its first airdrop.

Payments company Stripe is set to acquire stablecoin platform Bridge in a deal the companies say will “accelerate the adoption and utility of tokenized dollars.”

Transak disclosed a data breach affecting over 92,000 users after a phishing attack compromised an employee's laptop.

The Binance Halloween campaign also features an educational initiative aimed at debunking the biggest myths about the cryptocurrency world.