The CEO of Paxos has issued an urgent letter to both Trump and Harris, urging them to pursue immediate crypto reforms to preserve U.S. financial leadership.
A U.S. federal judge has granted the government additional time to negotiate the return of up to $13.25 million in political donations made by former FTX executives Sam Bankman-Fried and Nishad Singh. Judge Lewis Kaplan, presiding over the case, approved the government's request to extend negotiations with various political action committees (PACs) until January 15,
Charles Hoskinson, the founder of Cardano, delivered a scathing critique of meme coins in a live stream broadcasted on Halloween, October 31, 2024. Speaking from Colorado, Hoskinson addressed the current state of the crypto market, focusing particularly on the proliferation and perceived inherent flaws of meme-based cryptocurrencies.
BitGo has appointed Ben Reynolds, former president of Silvergate Bank, as managing director to lead the development and global expansion of its USD Standard stablecoin, aiming to enhance its presence in the digital asset market. The post BitGo Hires Former Silvergate President to Head Stablecoin Business appeared first on Cryptonews.
Key incidents included a $53 million loss at Radiant Capital and a $20 million breach of a U.S. government-controlled wallet.
Coinbase reveals over 20 FDIC letters advising banks against crypto services, with CLO Paul Grewal advocating for transparency in FOIA filings. The post Coinbase finds FDIC discouraging banks from offering crypto banking services in over 20 instances appeared first on Crypto Briefing.
The U.S. government has requested more time to negotiate for the return of up to $13.25 million in donations to liberal political organizations.
Ethereum infra developer Consensys filed its response to the U.S. SEC's claims of federal securities law violations, piling on its lawsuits against the agency.
The 2024 United States elections will be held on Nov. 5, as digital asset policy becomes a growing concern among pro-crypto voters.
This week's Crypto Biz explores Coinbase's earnings, Reddit's sale of crypto holdings and Circle's new fee structure for institutional investors and high-volume traders.
Australian computer scientist and self-described Bitcoin founder Craig Wright has taken to the courts once again, this time filing a $1.18 billion lawsuit against Block, a payment company owned by Jack Dorsey. Wright – who spuriously claims to be Satoshi Nakamoto – is accused of contempt of court by the Crypto Open Patent Alliance –
No need to download or pull up an app to pay with the Chinese CBDC on Huawei phones now.
Paul Grewal, Coinbase Chief Legal Officer (CLO), noted that the situation is gradually becoming clearer as the company has begun to receive information from the FDIC related to its FOIA request concerning pause letters sent to financial institutions under Operation Chokepoint 2.0. He characterized the contents of these letters as a troubling indication of a
Earlier in the week, DFW Labs did not identify the individual but removed Eugene Ng from its team page amid allegations of spiking a drink.
Foreign real estate deals near sensitive U.S. military bases will get more government scrutiny under a new rule from the U.S. Department of the Treasury that has emerged after President Joe Biden ordered a China-tied crypto mining operation beside a Wyoming nuclear missile base shut down earlier this year.
The government of Florida already owns $800 million worth of crypto-related investments and could soon hold more, according to Jimmy Patronis, the state's chief financial officer (CFO).
BitMEX founder Arthur Hayes is naming an altcoin he thinks will outperform the rest ahead of the upcoming US presidential election.
UAE-based crypto exchange M2 crypto exchange recently encountered a cybersecurity breach, resulting in the loss of $13.7 million in digital assets. The incident occurred on October 31, at around 3:16 AM local time, as the exchange reported a targeted attack on its hot wallets across multiple blockchain networks, including Bitcoin, Ethereum, and Solana.
The historic trend of BTC rising in October ended up occurring again despite a rocky first half of the month and a rough final day. All said and done, the asset's price rose nearly 11% during the month.
Blockchain infrastructure service provider ConsenSys has filed another response over the claims from the US Securities and Exchange Commission (SEC) that MetaMask is violating Federal laws over its product offerings. The Joe Lubin-led firm revealed that the claims are not what demands advocacy as a general matter.
River, an on-chain encrypted messaging protocol, has acquired Llama, a Founders Fund-backed smart contracts platform for decentralized governance.
Orthodox venture capital will never provide the resources for decentralized AI to take on Microsoft, Alphabet, Apple, et al. The only way is to supplant equity financing with user-owned, token-based systems, says Michael J.
VanEck's head of digital assets research, Matthew Sigel, criticized a recent US Treasury Department's views on digital assets in a recent report, claiming it had an anti-stablecoin stance based on outdated academic views.
A recent study by blockchain analytics firm Chainalysis shows that crypto adoption is accelerating in Eastern Europe, with Ukraine and Russia at the forefront. The surge is fueled by emerging DeFi applications and rising institutional backing.
As the 2024 Presidential Election heats up to a frenetic close, crypto's headline-grabbing presence has somewhat overshadowed the growing influence and preparing of crypto investors and lobbyists and their funding on the next Congress. Having spent over $160 million thus far during this election cycle, crypto investors and policymakers should expect a bipartisan influx of
Australian computer scientist and self-proclaimed Bitcoin (BTC) inventor Craig Wright is back in court after filing a $1.18 billion lawsuit against the Jack Dorsey-backed payments firm Block.
It's one thing for financial institutions to enter the space; it's another for crypto to become a national election issue.
Antix introduces the ANTIX token, offering early access to AI-powered digital humans. Designed for inclusivity and transparency, ANTIX empowers users to create and interact with hyper-realistic digital avatars backed by blockchain, featuring NFT authentication, a burning mechanism, and access to an expanding ecosystem of staking, marketplace trading, and exclusive digital experiences.
Florida's elected chief financial officer (CFO) and fire marshal, Jimmy Patronis, was so impressed by former president Donald Trump's grand plan for the United States to create a Bitcoin stockpile that he has directed the State Board of Administration to invest in Bitcoin.
A ripped CZ returns to the spotlight at Binance Blockchain Week, discussing his time in prison and his next steps.
The Bank for International Settlements (BIS) announced its departure from Project mBridge, a central bank digital currency (CBDC) initiative developed in partnership with the People's Bank of China and the central banks of Hong Kong, Thailand, Saudi Arabia, and the UAE.
Vivek Ramaswamy, former Republican presidential candidate and a supporter of Donald Trump, joins Caroline Hyde and Ed Ludlow to discuss where he stands on crypto regulation and the need for "mass deregulation" to help chip manufacturing in the US. He speaks on "Bloomberg Technology.
5% of polled US crypto owners identify as single-issue crypto voters, and they people could be the margin of victory or defeat in the Presidential election, according to a Paradigm report. The post 5% of Single-Issue Crypto US Voters is More Than the Margin of Victory – Paradigm appeared first on Cryptonews.
Crypto.com announced on Thursday the acquisition of Watchdog Capital, LLC, a broker-dealer registered with the SEC and a member of FINRA and SIPC. This acquisition will allow Crypto.com's new subsidiary to offer equities and equity options to eligible traders in the U.S.
Daily crypto transactions in South Korea have soared to record highs. Local data reports reveal the average daily transaction volume has increased by 67% in the first six months of 2024.
The USD-pegged stablecoin market has been experiencing steady growth for more than a year with numerous players considering a launch.
WisdomTree offloads $599M in BTC and ETH, spooking crypto investors. Bitcoin, Ethereum prices dip; market sentiment weakens amid continued volatility.
Paxos launches USDG, a US dollar-backed stablecoin, in Singapore. USDG's reserves are managed by DBS Bank, ensuring high compliance standards.
UBS Asset Manager has launched its first tokenized money market fund, uMINT, in Singapore. The fund is built on Ethereum's distributed ledger technology.
The M2 Exchange hack has lost around $13 million. Hot wallets across Ethereum, Bitcoin, and Solana networks were targeted.
Temasek, a state-owned investment company in Singapore, currently has a total portfolio value of approximately $288 billion.
Investors have plowed money into funds tracking bitcoin, betting on a return of Republican Donald Trump to the White House even as they expect wild price swings in the world's largest cryptocurrency during the election week, data showed.
Cryptocurrencies provide significant growth to the retail sector. Developments within this sector provide consumers with convenient transactions, personal safety and security, tokenisation of assets, and more.
Web3 film funding platform Decentralized Pictures will host a community vote to pick two winners, using the project's FILMCredits token.
The US Treasury is especially keen on distributed ledger technology (DLT) for payments, settlement and clearing.
Andrew Hall analyzes digital voting in blockchain startups, revealing trends in liquid democracy and the impact of user-friendly interfaces on participation.
BitGo taps a new executive to lead its newly launched U.S. dollar-pegged stablecoin, USD Standard (USDS).