U.S. President Joe Biden has praised Nigeria's efforts in combating crypto-related financial crimes, including the recent release of a former Binance executive. Biden, Tinubu Strengthen US-Nigeria Ties With Crypto Crime Initiative The White House announced Tuesday that U.S.

As October draws to a close, the crypto market finds itself in a precarious position. Dubbed “Uptober” for its historically bullish trends, this October has not lived up to expectations.

Bitwise CIO Matt Hougan discusses the significant impact of cryptocurrency on the success of Polymarket, the world's largest prediction market.

Cryptocurrency exchange Gemini has received In-Principle Approval (IPA) for a Major Payment Institution license application in Singapore. The country's Monetary Authority of Singapore (MAS) green-lit the Winklevoss twins-founded exchange, as it aims to further cement its influence in APAC — but legal and regulatory troubles for Gemini persist.

As the U.S. election nears, Donald Trump's lead over Vice President Kamala Harris has reached new highs on Polymarket, registering a 66.7% chance of winning. With the possibility of a “Republican trifecta” in the presidency, Senate, and House, analysts predict that the chances for crypto-friendly legislation could increase.

Gambaryan has been released from a Nigerian prison following a high-profile pressure campaign by current and former government officials, members of Congress and state attorneys general

The MOU between Circle and HKT will explore blockchain applications in loyalty programs for Hong Kong consumers.

According to Hong Kong's Securities and Futures Commission (SFC), the regulator is ready to approve more licenses for crypto exchanges. However, it reminded them that they must first undergo stringent compliance checks.

SEC Chair Gary Gensler, facing bipartisan pressure and Trump's vow to remove him, defended the agency's regulation by enforcement. SEC Chair Stands Firm: ‘We're Going to Continue to Do That Which We Do Well' U.S.

With the exception of the institutional asset RWA theme, most web3 segments struggle to convince enterprises to hop on board. DePIN is the next most logical beachhead where enterprises will be clamoring to get involved with digital assets, says Outlier Ventures' John Goldschmidt.

In his latest video analysis titled “I Just APED Into This Hidden RWA Altcoin Gem! [20x Potential],” prominent crypto analyst Miles Deutscher unveiled Chintai (CHEX) as his latest high-conviction investment within the Real World Assets (RWA) sector.

The U.S. Department of Justice (DOJ) has joined an international crackdown on infostealer malware, seizing servers, domains, and crypto accounts linked to the theft of millions of credentials. International Operation Disrupts Redline and META Infostealers The U.S.

Web3 firm and Metamask's parent company Consensys announced on its blog on October 29 that it was laying off 160 employees across several departments, equating to about 20% of its workforce. The company explained that the massive fees it incurred during its legal battles with the U.S. Securities and Exchange Commission, plus macroeconomic factors, contributed to the decision.

On a call Tuesday, Joe Biden credited the leadership of President Bola Tinubu following Binance executive Tigran Gambaryan's release from prison last week.

The leading crypto exchange by trading volume is launching a new platform built with high-net-worth clients in mind. According to a new press release, Binance is launching “Binance Wealth,” a platform tailored to wealth managers.

A recent report by A16zcrypto titled “Estimating the Number of Real Crypto Users” found that only up to 60 million current holders were actively using their cryptocurrency each month. The numbers represent only 10% of the estimated 617 million global holders, a number released by Crypto.com in June.

Lael Brainard credited Vice President Kamala Harris, who is campaigning to be the next US President, with helping expand “access to capital, credit, and economic opportunity.”

The cryptocurrency market navigates through another week, traders and investors are on high alert. With Bitcoin (BTC) maintaining its position above the $67,000 mark, several macroeconomic events are poised to influence market sentiment significantly.

Coinbase CEO Brian Armstrong has criticized the current Securities and Exchange (SEC) leadership for inconsistent regulations and urged the next SEC chair to withdraw frivolous cases and apologize to the public.

Decentralized finance (defi) platform Infinex has announced the completion of a $67.7 million NFT sale, backed by leading founders, foundations, funds, and communities across the blockchain ecosystem. The fundraise positions Infinex to usher in the “post-CEX (centralized exchange) era” of the crypto industry.

A recent report suggests that crypto bots are spreading propaganda tied to Chinese interests.

Binance says it has become the first crypto exchange to offer a wealth management solution. Binance Wealth, announced Tuesday (Oct. 29), lets wealth managers oversee the onboarding of their clients and make investment recommendations, and get support during onboarding and afterward, similar to traditional wealth management.

CEO Joseph Lubin announced the 20% layoff, citing broader macroeconomic conditions and the Securities and Exchange Commission's (SEC) “abuse of power” as key factors. The post Consensys CEO Holds SEC ‘Abuse of Power' Responsible for 20% Layoff appeared first on Cryptonews.

Bloomberg's Bill Allison discusses the role crypto has played in the US election. He speaks with Sonali Basak and Tim Stenovec on "Bloomberg Crypto.

Pilipis amassed over 10,000 BTC through AurumXchange fees, valued at $1.2 million at the time, while bypassing federal regulations.

Grayscale's NYSE Arca filing with the SEC aims to convert GDLC into an ETF, unlocking $167M in potential value for shareholders. The post Grayscale starts the clock on SEC decision to convert GDLC fund to an ETF appeared first on Crypto Briefing.

Money movement platform Thunes has launched a partnership with stablecoin issuer Circle. The collaboration is designed to “accelerate innovation in stablecoin liquidity management,” letting members of Thunes' Direct Global Network to fund and execute cross-border transactions using USDC, the companies said in a Tuesday (Oct. 29) news release.

Sales jumped 94% week over week as the 2024 NBA season tipped off with the defending-champion Celtics battling the Knicks.

Jade City, a blockchain platform focused on tokenizing the jade gemstone market, launched its MVP (Minimum Viable Product) on Tuesday, aiming to make the jade industry more accessible and transparent. The platform plans to issue bonds backed by jade, offering returns in tokenized physical jade with yields up to 24% annually, and supports trading, earning, and speculating in tokenized jade.

A former IRS special agent and Binance's head of financial crime compliance, Tigran Gambaryan had been in Nigerian custody with reports of deteriorating health since February.

The bankrupt crypto exchange FTX has reached a settlement with the digital asset exchange Bybit to the tune of hundreds of millions of dollars.

Coinbase CEO Brian Armstrong is saying that the U.S. Securities and Exchange Commission (SEC) owes an apology to all Americans. Armstrong says on the social media platform X that the SEC's approach to regulating digital assets has caused undue damage to the American people.

US President Joe Biden has expressed his appreciation to Nigerian President Bola Tinubu and the Government of Nigeria for dropping dismissed criminal charges against Tigran Gambaryan, Binance's Head of Financial Crimes Compliance. Gambaryan, a US citizen, was arrested in February while on a business trip in Nigeria and subsequently accused of laundering $35.4 million and

President Biden expressed appreciation toward Nigeria's president regarding the release of Binance executive Tigran Gambaryan last week.

As the cryptocurrency sector remains a rollercoaster ride for investors, three heavyweights – MicroStrategy Inc. (NASDAQ:MSTR), Riot Platforms Inc. (NASDAQ:RIOT), and Coinbase Global Inc. (NASDAQ:COIN) – are gearing up to release their third-quarter earnings on Wednesday. With varied year-to-date performances and significant price movements, the question on everyone's mind is: which of these crypto stocks is primed for a bullish breakout?

The platform's most recent addition promises to revolutionize how Mexicans interact with crypto.

Hitachi is not a leading light in the Japanese blockchain, but it's catching up with a comprehensive Web3 development package.

The fourth-largest crypto exchange by trading volume is announcing a new partnership with a prominent international banking giant. In a new announcement, OKX says it is collaborating with Standard Chartered with the aim of enhancing custodial solutions for institutional clients.

As the U.S. Congress heads toward what many predict will be its most crypto-friendly session yet, Tanya Solati, vice president of business development at Propy, saw this as an opportunity for meaningful regulatory progress. Solati, who will be speaking at the upcoming Benzinga Future of Digital Assets event on Nov. 19, shared her perspective on what's needed to advance the digital asset space, particularly regarding tax reforms and tokenization.

Binance has launched "Binance Wealth," a premium service aimed at onboarding high-net-worth individuals in Asia and Latin America, providing tailored support through private client managers. The post Binance Targets High-Net-Worth Clients in Asia and Latin America with ‘Binance Wealth' appeared first on Cryptonews.

Paxos CEO Charles Cascarilla urged U.S. presidential candidates Kamala Harris and Donald Trump to implement a friendlier crypto environment.

U.S. President Joe Biden called Bola Tinubu, the President of Nigeria, on Tuesday to personally thank him for the recent release of detained American Binance executive Tigran Gambaryan.

Alameda Research has filed a lawsuit against KuCoin to recover over $50 million in locked assets for FTX's debtors.

Bitpanda may go public in Frankfurt at a $4 billion valuation. The company has tapped Citigroup and JP Morgan to guide its decision.

The crypto market is up today, increasing over 5% in the last 24 hours. This price rally for crypto assets has been led by Bitcoin, which broke above $70,000 for the first time in four months and is well on course to reach its all-time high (ATH) before the month ends.

Brazil continues to see an increase in crypto activity as digital asset imports reach $1.4 billion in September.

The lawsuit claims KuCoin holds funds belonging to FTX's estate, intended for creditor repayments. Filed in Delaware, the lawsuit follows FTX's recent asset recovery from Bybit.