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news-imageOctober 25, 2024

Pennsylvania House of Representatives Passes Crypto Bill to Bring Regulatory Clarity: Report

The bill aims to provide regulatory clarity for digital assets, including self-custody rights, bitcoin payments, and transaction taxation.
Publisher: Coindesk
Sentiment: Positive
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cover-imageBitcoin
October 25, 2024

Did Hackers Compromise US Government Crypto? $20M in Suspicious Activity

In a new update from Arkham Intelligence, it seems that crypto wallets linked to the U.S. government may have been compromised, losing around $20 million. According to Arkham, the bulk of the funds, primarily made up of stablecoins, were converted into ethereum “through suspicious addresses linked to a money laundering service.” $20M Vanishes From U.S.

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Negative
cover-imageCoingape
October 25, 2024

Is Senator Warren Bluffing About John Deaton Taking 90% Crypto Donations?

The Massachusetts Senate seat turns out to be of prime importance as XRP lawyer John Deaton takes on the anti-crypto Senator Elizabeth Warren in the upcoming US elections. Senator Warren has recently claimed that Deaton's 90% of campaign funding comes from crypto donations.

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Positive
cover-imageCryptopolitan
October 25, 2024

Wall Street embraces tokenized money-market funds amid stablecoin competition

Wall Street is witnessing a growing interest in tokenized money-market funds as traders increasingly seek alternatives to traditional stablecoins. These digital assets, which are investments in short-term debt securities, are seen as potential solutions in the current situation with the crypto market volatility.

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Negative
cover-imageCoinspress
October 25, 2024

Denmark Plans Tax on Unrealized Crypto Gains

Denmark's Tax Law Council has recommended implementing a mark-to-market taxation system for cryptocurrencies in a recent report, with plans for a legislative proposal to follow.

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Positive
cover-imageThe Currency Analytics
October 25, 2024

Individual Investors Drive Increased Demand in the Crypto Market

The cryptocurrency market is witnessing a noteworthy revival in demand from individual investors, marking a significant shift after a four-month period of stagnation. Recent data from Crypto Quant reveals a 13% increase in individual investor activity over the past 30 days, with participation levels returning to those seen in March.

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Positive
cover-imageCoinPedia
October 25, 2024

SAFE Price Jumps 76% With Upbit Listing, Eyes To Hit $2 This Week?

With the listing of Safe tokens on the Upbit cryptocurrency exchange, this altcoin has experienced a massive surge in its volumes. Reportedly, Safe Crypto has recorded a jump of 9,747.85% in its 24-hour trading volume, resulting in it adding ~76% to its valuation.

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Negative
cover-imageCryptopolitan
October 25, 2024

US Government wallet reportedly targeted in $20 million crypto exploit

An estimated $20 million in cryptocurrency has been stolen from wallets belonging to the U.S. government, according to blockchain analytics firm Arkham Intelligence. On-chain movements started on Thursday when funds that had not been moved for more than eight months were withdrawn from the decentralized lending platform Aave.

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Negative
cover-imageBitcoin
October 25, 2024

Indo-Pacific Nations Outpacing the US in Crypto Regulation, SEC Commissioner Says

A U.S. Securities and Exchange Commission (SEC) commissioner has urged the U.S. to adopt a more proactive approach to crypto regulation, pointing to the leadership of Indo-Pacific nations like Japan, Singapore, and Hong Kong. He emphasized that these countries have crafted clear frameworks that foster innovation while protecting investors, in contrast to the U.S.

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Negative
cover-imageCrypto Briefing
October 25, 2024

US government may fall victim to $20 million crypto hack

The crypto hack highlights vulnerabilities in government-held digital assets, potentially undermining trust in their security and management. The post US government may fall victim to $20 million crypto hack appeared first on Crypto Briefing.

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Negative
cover-imageCryptopolitan
October 25, 2024

Scammers used stolen crypto on shark tank, private jets and more

A group of scammers convicted in an Austrian court for operating a fraudulent crypto scheme spent their ill-gotten gains fueling their lifestyles, including buying a shark tank, a villa, private jet rides, a luxury car, parties in clubs and more. According to an Oct.

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cover-imageReuters
October 25, 2024

South Korea to regulate cross-border trade of virtual assets

South Korea plans to start regulating cross-border transactions of virtual assets such as cryptocurrency, bringing in registration and reporting requirements from the second half of 2025, the finance ministry said on Friday.

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Negative
cover-imageBitcoin
October 24, 2024

SEC Ramps up Crypto Oversight With New Examination Priorities for 2025

The U.S. Securities and Exchange Commission (SEC) is ramping up its scrutiny of crypto assets in 2025, intensifying examinations of firms involved in offering, trading, and advising on these assets. The agency will focus on how these assets are handled as securities, ensuring compliance with standards and assessing technological risks tied to blockchain.

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Negative
cover-imageCryptoSlate
October 24, 2024

US government-linked address likely exploited for over $20 million in crypto

A hacker may have stolen over $20 million worth of crypto, including stablecoins and Ethereum (ETH), from a US government-controlled wallet connected to the infamous 2016 Bitfinex hack. The suspicious transfers occurred on Oct. 24, raising alarms among blockchain analysts, including ZachXBT, who called the transfers “nefarious” and hinted at possible theft.

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Positive
cover-imageBitcoin
October 24, 2024

Study: Trump Win Likely to Spark Bullish Trend in Crypto Prices

A recent study reveals that nearly two-thirds of surveyed U.S. citizens (64.7%) believe a Donald Trump or Republican victory in the presidential election would spark a bullish trend in crypto prices. This optimism stems from the Republican Party's business-friendly reputation, which resonates with crypto enthusiasts. On the flip side, only 9.

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