Wang Moumou—a name no one had heard outside his government unit—is now infamous across China. Here was a guy who was once the perfect poster boy for a public official – hardworking, trusted, and supposedly untouchable.

The Reserve Bank of Australia has launched a consultation on Project Acacia, exploring wholesale central bank digital currency and tokenized asset markets.

A Trump administration may lead to a less restrictive SEC Chair and more transparent crypto regulations.

Dan Gallagher, Robinhood's chief legal officer and a former SEC commissioner, is reportedly the leading candidate to replace SEC Chair Gary Gensler in the incoming Trump administration.

The crypto industry campaign spent $135 million supporting over 50 U.S. election candidates in 2024, with 48 backed candidates declaring victory so far.

Binance has been recognized as the top crypto infrastructure provider in the 2024 Asia FinTech Innovators list by Fortune Asia, highlighting its leadership in the blockchain and crypto sector.

It's a place where fans can come together, experience the thrill of racing, and drive digital versions of Lamborghini's powerful cars. This new hub will be filled with activities and games to keep fans on the edge of their seats.

Caroline Ellison, the former CEO of Alameda Research and key witness in the prosecution of FTX founder Sam Bankman-Fried, reported to a low-security federal prison in Connecticut on Thursday to begin her two-year prison sentence.

BIO aims to use blockchain technology to change how early-stage scientific research is financed and commercialized.

The DOJ said it's providing notice to the public to ensure that anyone potentially harmed by the defendants' actions can be heard.

In an exciting development for the crypto community, Coinbase has officially announced the listing of Swell (SWELL) on its platform.

Bankrupt FTX has filed a lawsuit to recover at least $11 million held in a Crypto.com account linked to its sister company, Alameda Research, according to a Nov. 8 filing. FTX alleges that before filing for bankruptcy, Alameda held an account at Crypto.com registered under the name Ka Yu Tin, also known as Nicole Tin.

Eimantas shares his thoughts on Monitok's key features, milestones, and how the hybrid crypto exchange stands out in a competitive landscape. Don't miss this piece!

The California Department of Financial Protection and Innovation (DFPI) has permanently revoked the lending license of BlockFi, a crypto lender that declared bankruptcy two years ago.

Former President Donald Trump is on his way back to the White House after securing a victory in the 2024 presidential election on Tuesday, triggering a broad market rally. While various sectors are reacting positively to the news, the cryptocurrency market is set for significant gains under his administration.

The combination of AI and DeFi has been a hot topic and now with the USA under new Crypto leadership, and Dubai putting its weight around it, expect it to take off.

The incident underscores the critical need for robust security protocols and highlights the risks of financial desperation leading to espionage. The post Chinese official gets life sentence for selling state secrets to pay crypto debts appeared first on Crypto Briefing.

CNBC's Mackenzie Sigalos discusses the influence the crypto sector had on the election, and what Trump's victory and future policies will do for the assets and related stocks.

Nigerian authorities have fined two crypto firms, Egomsinachi Road Autos Limited and Chimera Log & Haulage Services Limited, $30,000 for illegal USDT-to-Naira transactions, continuing the EFCC's crackdown on unlicensed crypto trading in the country. The post Nigerian Authorities Fine Two Crypto Firms $30,000 appeared first on Cryptonews.

Bankrupt exchange FTX has sued Crypto.com to recover Alameda Research funds. In a lawsuit filed before the US Bankruptcy Court for the District of Delaware, FTX claims that Crypto.com holds $11.4 million belonging to its sister trading firm Alameda and has refused to return it.

Andrew Tate, the controversial internet personality and former kickboxing champion, has pledged his support for crypto influencer Ben Armstrong, also known as “BitBoy.”

North Korean hackers have shifted their methods in an escalation of their cyber warfare tactics. They now employ phishing emails as a primary tool to target cryptocurrency firms.

Analysts weighed in as Bitcoin (BTC) shows strong momentum, expecting liquidity will soon “start to flow into altcoins.” While some highlighted Bitcoin's growth limitations, others have identified 30x-return opportunities with solid altcoins, warning against settling for 30% gains.

Crypto scams have surrounded the industry, where scamming incidents have grown exponentially. The most recent news from South Korea uncovered a new type of investment scam.

Trump's win and previous support for crypto will result in the US becoming a superpower in this space—outpacing countries such as China.

Web3 professional Agne Linge believes that for broader DeFi adoption, regulations must catch up to make people feel safe.

This means over 60 million Venmo users in the U.S. can easily start buying Solana (SOL). With Phantom, users can hold, send, and receive Solana, along with other Solana-based tokens.

Is crypto regulation on the brink of a new era with Trump's return? A shake-up at the SEC looms, with Gensler's position under scrutiny.

Researchers have identified a new attack campaign tagged “Hidden Risk”, it exposed that state-sponsored hackers from North Korea have shifted gears towards attacking the crypto industry which they were linked to the Lazarus Group.

South Korean crypto exchange Korbit has partnered with Coinbase to bring Base Chain onto the platform. Now, users can perform Base Chain deposits and withdrawals directly on Korbit.

The crypto ecosystem is experiencing a new historical dynamic with a massive influx of stablecoins into major exchange platforms. Binance and Coinbase, market leaders, recorded combined inflows of $9.3 billion in ERC-20 stablecoins.

Almost all the top cryptocurrencies have experienced growth in the present cryptocurrency rally. Among the top ten cryptos, Dogecoin has registered the highest seven-day change of 24.9%, with Cardano coming in second. A recent report hints that not all the cryptos may continue to grow in the current crypto cycle.

High-risk DeFi loans have soared since the US elections, just months after Curve's founder was liquidated for over $100 million.

Germany's Deutsche Bundesbank has joined Project Guardian, a collaborative initiative by the Monetary Authority of Singapore, to advance asset tokenization.

OKX Wallet expands its ecosystem, integrating three new mini-games on Telegram to enhance crypto accessibility.

A Nigerian court has convicted two more cryptocurrency firms, Egomsinachi Road Autos Limited and Chimera Log & Haulage Services Limited, for conducting unauthorized USDT-to-naira transactions. As a result, they've been ordered to transfer nearly $30,000 to the federal government.

Binance and Coinbase witnessed approximately $4.3 billion and $3.4 billion in stablecoin inflows, respectively.

The latest report in the town is that SEC commissioner Hester Peirce, also popular as “Crypto Mom” will forego the chance to become the US SEC Chair in the Trump administration. Instead, she would be working on a crypto task force that would help the regulator navigate through the demand of the crypto industry.

Changpeng Zhao stated he has no plans to return as Binance CEO, citing the role's demands and moving past that phase. The post Changpeng Zhao States He Has No Desire to Go Back to Being Binance CEO appeared first on Cryptonews.

Former Alameda Research CEO Caroline Ellison reported to prison to begin serving a two-year sentence for her role in the FTX fraud case

A proposal to rebrand the decentralized finance lending and borrowing protocol "Sky" back to "Maker" was rejected in a governance vote

Coinbase CEO Brian Armstrong has voiced his support for Securities and Exchange Commissioner (SEC) Hester Peirce‘s appointment to lead the agency during President Donald Trump‘s second term. Armstrong's comments, shared on Nov. 8 through a post on X, described Peirce as “smart, fair, professional,” and capable of bridging both sides of the political spectrum.

Bankrupt and now defunct BlockFi has entered into a settlement agreeing to the license revocation and to cease unsafe practices.

Block is redirecting resources toward Bitcoin mining hardware development and away from Web5 and TIDAL initiatives, announcing strong Q3 profits despite missing revenue targets, while securing a major deal with Core Scientific for its new 3nm mining chips.

By offering this solution to corporate clients, UBS aims to deliver enhanced transparency, efficiency, and security for cross-border transactions. The post UBS Pilots Blockchain-Based Solution for Faster Cross-Border Payments appeared first on Cryptonews.

The People's Bank of China has developed a digital yuan visual hard wallet, showcasing dynamic QR codes and offline payments.

Detroit has announced plans to accept cryptocurrency tax payments through PayPal starting in mid-2025, becoming the largest US city to adopt digital currency for municipal payments while implementing automatic conversion to US dollars to manage volatility risks.