Former BitMEX CEO Arthur Hayes challenges conventional wisdom regarding Donald Trump and his purported influence on the crypto market. In an interview with Channel News Asia, he states that the outcome of the U.S. presidential elections will have only a limited impact on the future of digital assets, pointing instead to China as the major catalyst for the upcoming bull cycle.

Patronis hit out at crypto skeptics during a CNBC interview on Thursday, saying that those not paying attention to crypto were making a “mistake” and suggesting that Miami could become the “crypto capital of the world”.

According to the latest report from blockchain security firm Immunefi, the cryptocurrency sector will face persistent challenges with hacks and scams in 2024. The report highlights that although exploit losses have decreased monthly, the industry has seen more than $1.4 billion lost to 179 hacks and scams this year.

The Blockchain Association reported that digital asset firms spent over $426 million on litigation against the SEC since Gary Gensler became chair.

Centralized cryptocurrency exchange, Kraken, is launching its own blockchain network, Ink, next year, hoping to attract more people to the decentralized finance (DeFi) space. According to Kraken, the Ethereum Layer 2 (L2) blockchain will have a full mainnet launch for retail and institutional users in the first quarter of 2025.

Spacecoin XYZ has unveiled its plan to launch a decentralized physical infrastructure network in outer space, which it believes will be the foundation for off-world data centers and the space economy.

Arkham Intelligence announces integration with Phantom Wallet, allowing users to track their holdings and transactions directly on the Arkham platform.

Gotbit founder was involved in “a wide-ranging conspiracy” to manipulate crypto markets on behalf of client companies. The post Crypto ‘Market Maker' Gotbit Founder Faces Wire Fraud Charges appeared first on Cryptonews.

Key Points:

Politicians making big crypto promises — Donald Trump and Yuichiro Tamaki — are trending in Japan as the economy struggles and holders of cryptocurrency are taxed without mercy. Below the cacophony of election hubbub, however, a fresh movement of peer-to-peer (P2P) adoption and usage has begun in Asia, based on bitcoin cash.

The U.S. Treasury's report shows tokenized assets could drive significant demand for Treasuries, especially during crypto downturns. As Digital Assets Grow, Treasury Demand Finds Strength in Tokenized Safe Havens The U.S.

VanEck, a leading global asset manager, has announced its second major gaming investment under its liquid token strategy.

In a revealing update from the Blockchain Association, a crypto industry group, firms have reported substantial financial burdens due to the actions of the U.S. Securities and Exchange Commission (SEC) under the leadership of Chair Gary Gensler. This data, compiled and released in cooperation with HarrisX, shows that since April 2021, when Gensler took office,

Liquid democracy offers a hybrid model of direct and representative democracy, but its implementation in Web3 faces challenges. Discover the potential and hurdles of this governance approach.

At a London press conference on October 31, an individual named Stephen Mollah claimed to be Satoshi Nakamoto, the anonymous creator of Bitcoin. However, his lack of credible evidence frustrated the attendees.

The crypto market's complexity can indeed be overwhelming, especially for newcomers. However, to gain an edge, one of the best things to do is to follow top crypto traders who regularly share insights, strategies, and analyses.

AlixPartners partners with Chainalysis to boost forensic investigations and compliance services in the digital asset sector, leveraging advanced blockchain technology.

As blockchain technology continues to enter mainstream financial systems, Markus Kuhnert, founder and CEO of 1iO, has raised concerns about its core principles being overshadowed. Ahead of the upcoming Benzinga Future of Digital Assets event, a BRANDGUARDIAN representative, responding on behalf of Kuhnert, emphasized the potential and challenges of blockchain's growing role in finance.

Franklin Templeton launches its tokenized fund on the Coinbase L2 network.

Following previous trends, memecoins are outpacing altcoins in capital attraction, signaling a potential cycle post-election.

A YouTube sensation is currently under fire after several on-chain investigators found traces of information that linked the social media influencer to dubious cryptocurrency promotions. These recent allegations against the content creator, MrBeast, again opened the debate on whether influencers should be held accountable when promoting crypto.

Benjamin Cowen says altcoin season may be delayed until 2025 as Bitcoin dominance continues to hold firm around 60%. The post Altcoin Season unlikely before 2025, says crypto analyst Benjamin Cowen appeared first on Crypto Briefing.

Bitfarms Ltd. signs a second 10,000 miner hosting agreement with Stronghold Digital Mining, enhancing operations at Stronghold's Scrubgrass site in Pennsylvania.

A federal jury convicted a man for orchestrating an NFT rug pull scheme, pocketing nearly $400,000 through abandoned projects and cryptocurrency laundering schemes. The NFT Rug Pull That Went Too Far — Federal Jury Brings Verdict The U.S.

One of the executives involved in the multi-billion-dollar fraud case has been spared from serving time.

Current Know Your Customer verification procedures are often cumbersome, costly, and time-consuming for industry service providers.

The founder of cryptocurrency market maker Gotbit was indicted for his alleged role in a wide-ranging conspiracy to manipulate cryptocurrency markets on behalf of client cryptocurrency companies, the U.S. Justice Department said on Thursday.

VC funding revived in October after sliding for three months. A total of $2B in rounds was raised in the past month, with more than 31% going to seed rounds.

It's the second bet on Web3 gaming by VanEck's liquid token strategy fund.

Crypto.com has acquired Watchdog Capital, enabling the platform to expand its U.S. offerings by providing equity trading and options, marking a significant step towards integrating traditional financial services with its digital asset ecosystem. The post Crypto.com Expands US Offerings with Watchdog Capital Acquisition appeared first on Cryptonews.

Member companies of the Blockchain Association report that they have spent an estimated $426 million on defensive litigation fees amid the United States Securities and Exchange Commission's (SEC) regulation-by-enforcement approach to digital assets, a new report from the crypto trade association highlights. Republican nominee Donald Trump has vowed to fire Chair Gary Gensler if elected to the U.S. presidency next week. The post SEC Crypto Defendants Spent $426 Million In Legal Defense Fees, Blockchain Association Reveals In New Report appeared first on Cryptonews.

The advocacy group called for crypto voters to support a change in leadership at the SEC, given Gary Gensler's “regulation by enforcement” approach since 2021.

Local reports show that crypto transactions in South Korea have surged to record highs. In the first half of this year, 7.78 million domestic virtual asset investors were active, reflecting a 21% increase from 2023.

Sovereign pension funds are increasingly seeking exposure to Bitcoin following the introduction of spot ETFs in the United States.

Victoria Police have seized $142,679 in cryptocurrency as part of a drug trafficking investigation, marking the first successful confiscation under new powers granted by amendments to the Confiscation Act 1997. The post Australian Police's New Powers Yield $142K Crypto Seizure appeared first on Cryptonews.

The Judge said that Singh cooperated extensively with authorities, uncovering hidden FTX misconduct which earned him supervised release instead of a lengthy sentence.

The final stretch of the U.S. presidential election is keeping traders on their toes, with BTC and Trump Polymarket odds taking a small hit.

Binance Futures has revised the leverage and margin tiers for several USDⓈ-M perpetual contracts, including IDUSDT and FLOWUSDT, effective October 31, 2024.

Crypto companies are among the most affected by audio and video deepfake frauds in 2024, with more than half reporting incidents in a recent survey. According to the survey conducted by forensic services firm Regula, 57% of crypto companies reported being victims of audio fraud, while 53% of the respondents fell for fake video scams.

Binance will use AWS to help with user onboarding and KYC processes with generative AI to improve user experience.

Binance founder Changpeng Zhao revealed that prison guards at a California correctional facility approached him for cryptocurrency investment tips, even as he faced legal consequences for money laundering violations tied to his exchange. What Happened: Speaking at the Binance Blockchain Week in Dubai, he said, "A couple of guards recognized me and then asked me, ‘What coin should I buy?

Franklin Templeton has extended its OnChain US Government Money Market Fund (FOBXX) to Coinbase's Ethereum-based layer-2 (L2) Base network. The expansion, announced on October 31, marks the first time a major asset manager has launched on Coinbase's Base, showcasing Franklin Templeton's strategic embrace of blockchain technology in traditional finance.

A British businessman emerges as the latest individual claiming to be Satoshi Nakamoto, but skepticism and doubt quickly follow.

Judge Jennifer Rochon initially allowed a delay in Gustavo Rodriguez's sentencing to allow additional testimony but ultimately ordered the IcomTech promoter to prison.

Franklin Templeton says this is the first tokenized money fund to launch on Coinbase's layer-2 network.

The CEO of blockchain software firm Consensys says the company is terminating 20% of its workers as the crypto industry faces a more cautious macroeconomic environment and regulatory uncertainty.

The Blockchain Association, a leading crypto advocacy group, reported that its member firms have collectively spent over $400 million addressing enforcement actions initiated by the US Securities and Exchange Commission (SEC) under chair Gary Gensler. In an Oct.