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news-imageOctober 31, 2024

Russia to Temporarily Halt Crypto Mining in Certain Areas, Cites Electrical Grid Concerns

A new announcement from a Russian Deputy Minister of Energy claims that the state will ban crypto mining in several regions. The cited cause for these temporary bans is electricity grid deficits.
Publisher: BeInCrypto
Sentiment: Negative
General

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Negative
cover-imageBitcoin
October 31, 2024

Brazilian Central Bank Considers Taxing Stablecoin Remittances

The stablecoin boom in Brazil has caught the attention of the central bank, which is currently exploring several ways to tax stablecoin remittances, including issuing a special license for crypto exchanges that provide these services.

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Positive
cover-imageBlockonomi
October 31, 2024

Coinbase Adds $25M to Crypto Super PAC Fairshake, Total Nears $100M

Coinbase has pledged an additional $25 million to crypto super PAC Fairshake while expanding its advocacy efforts, bringing its total commitment to nearly $100 million as part of a broader strategy to influence U.S. cryptocurrency policy through bipartisan political support.

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Negative
cover-imageBlockonomi
October 31, 2024

From London to Sydney: Following the Crypto Crime Crackdown

Law enforcement agencies across three continents have taken action against crypto-related crimes, including terror financing, organized crime, and illegal mixing services, resulting in arrests and substantial asset seizures.

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Negative
cover-imageCryptopolitan
October 31, 2024

London teen faces charges for raising crypto for Al Qaeda

A 16-year-old teenager boy from east London has been charged with multiple terror offenses and this includes fundraising for Al Qaeda through crypto. It is revealed that the boy allegedly offered his expertise in crypto and cyber security online with an aim to support terrorist groups like Al Qaeda and the Pakistani Taliban (TTP).

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Negative
cover-imageCryptopolitan
October 31, 2024

Kraken cuts workforce by 15% and appoints new co-CEO

Crypto exchange Kraken is laying off 15% of its workforce and restructuring its management by appointing Arjun Sethi as co-CEO. Kraken wants to become leaner and faster while streamlining operations.

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Positive
cover-imageCrypto news
October 31, 2024

DeFi TVL surpasses $90b for the first time in 3 months

The decentralized finance total value locked surpassed the $90 billion mark for the first time since August. According to data provided by DeFi Llama, the total DeFi TVL is currently sitting at $90.23 billion with a trading volume of $7.

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Neutral
cover-imageCryptopolitan
October 31, 2024

US Treasury links crypto stablecoin growth to rising T-Bill demand

Stablecoin expansion is fueling demand for short-term U.S. government bonds—Treasury bills (T-bills), says the U.S. Treasury's latest meeting minutes. These records from October 29 reveal that as crypto-backed stablecoins grow, so does interest in T-bills.

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Negative
cover-imageCoinPedia
October 31, 2024

Crypto Hack: Lottie Player Breach Leads to Crypto Wallet Draining

On October 30, numerous significant crypto platforms observed an influx of dangerous popups that encouraged users to link their wallets. Information about the unauthorized access originated from a supply chain attack on the widely used Lottie Player animations library.

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Negative
cover-imageBitcoinist
October 31, 2024

Coinbase CEO Blasts SEC For Senseless Legal Tactics, Demands Apology

Coinbase chief executive Brian Armstrong publicly went on to criticize the US Securities and Exchange Commission, declaring its stance on cryptocurrency “confusing and inconsistent”. He pointed out the issue of regulatory uncertainty as something looming over the sector's head, which is hurting innovation and investor trust.

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Negative
cover-imageInvezz
October 31, 2024

YouTuber MrBeast accused of profiting millions through alleged crypto pump-and-dump scheme

With over 320 million subscribers, James “MrBeast” Donaldson has amassed one of the largest audiences on YouTube. Known for his attention-grabbing content, MrBeast's involvement in crypto projects has recently come under scrutiny, as blockchain analysts reveal evidence of alleged insider trading and token manipulation.

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Positive
cover-imageCryptopolitan
October 31, 2024

Former FTX executive Nishad Singh receives no prison time in fraud case

Former FTX head of engineering Nishad Singh has avoided prison time in the ongoing legal aftermath of the crypto exchange's collapse. The sentencing took place on Wednesday in Manhattan, where Judge Lewis Kaplan emphasized Singh's exceptional cooperation with authorities.

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