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news-imageNovember 7, 2024

SEC Seeks Court Approval to Dismiss Kraken's Major Legal Defenses

Kraken's attorney, Michael O'Connor, criticized the SEC's move on Wednesday, calling it an ‘Election Day gambit.'
Publisher: Decrypt
Sentiment: Negative
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cover-imageBlockonomi
November 7, 2024

Former FTX CTO Gary Wang Requests Leniency in Fraud Case

FTX co-founder Gary Wang requests no prison time in his upcoming sentencing, citing his limited role in the fraud scheme, cooperation with authorities, and impending fatherhood, while the government continues efforts to recover political donations made by FTX executives.

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Neutral
cover-imageCoinspeaker
November 7, 2024

FTX Co-Founder Gary Wang Seeks No Jail Time for Cooperation in SBF Case

The sentencing memo also cited Wang's personal circumstances as part of his reasons for requesting no jail time. His legal team revealed that Wang is currently employed as a software engineer at an undisclosed firm and is expecting his first child with his wife later this month.

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Positive
cover-imageInvezz
November 7, 2024

How crypto's $135 million strategic election outlay paid off

The 2024 midterm elections witnessed an unprecedented level of financial influence from the cryptocurrency industry, resulting in a resounding victory for candidates who have embraced digital assets. This carefully orchestrated campaign, backed by significant financial resources, has dramatically altered the political landscape and promises to significantly impact the future of crypto regulation.

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Positive
cover-imageCointribune
November 7, 2024

USA: These New Pro-crypto Elected Officials Who Could Change Everything!

As Donald Trump prepares to return to the White House, the American elections have seen a wave of pro-crypto candidates win significant seats. With 261 pro-crypto candidates elected to the House of Representatives and 17 to the Senate, this wave of support could transform crypto regulation and influence the technological future of the United States.

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Neutral
cover-imageCrypto news
November 7, 2024

FTX co-founder Gary Wang asks judge for no prison time

Sam Bankman-Fried's college friend and FTX co-founder Gary Wang is asking a federal judge to spare him from a prison sentence a few days after FTX executive Nishad Singh was given no prison time.

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Positive
cover-imageBitcoinist
November 7, 2024

The 47th President's Crypto Plan: A Detailed Look At Trump's Ten Industry Promises

Donald Trump's election as the 47th president of the United States has sent shockwaves through the financial markets, particularly in the crypto sector. Following his victory announcement, Bitcoin surged to a new all-time high of $75,385, marking a significant rebound for the digital asset market.

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Positive
cover-imageReuters
November 7, 2024

UBS pilots blockchain-based payment system

Swiss bank UBS said on Thursday it had successfully piloted a blockchain-based payment system it has developed to improve efficiency of cross-border transactions known as UBS Digital Cash.

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Neutral
cover-imageCryptopolitan
November 7, 2024

Coinbase's CLO foresees a major shift in the U.S. SEC's crypto enforcement strategy

Paul Grewal, Coinbase's Chief Legal Officer, expects to see a significant shift in the creation and enforcement of crypto regulations under Trump's regime. He believes it's about time the government understood that people just want more clarity and innovation in the digital assets space.

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Positive
cover-imageCoinPedia
November 7, 2024

Top DeFi Tokens To Buy In This Crypto Market Bull Run!

As Bitcoin crosses above the $74,000 mark amid Trump's political win in the United States presidential elections, the altcoins are on a bull run. Among the altcoins, the DeFi tokens are signaling breakout rallies and registering double-digit gains.

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Negative
cover-imageBitcoin
November 7, 2024

Former Employee's Hidden Code Turns Workplace Into Crypto Mine

A Minnesota man, Joshua Paul Armbrust, 44, has been indicted for a “cryptojacking” scheme that exploited his former employer's computing resources to mine ether (ETH), causing over $45,000 in damages, according to the U.S. Attorney's Office for the District of Minnesota.

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Neutral
cover-imageCointribune
November 7, 2024

What Will Be The Role Of Crypto In Trump's America?

Donald Trump's victory in the presidential election on November 5, 2024, marks a potential turning point for the crypto industry. During his campaign, the freshly elected president of the United States made the crypto sector one of his key arguments, multiplying promises to the community.

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Positive
cover-imageBitcoinist
November 7, 2024

Crypto Advocate Bernie Moreno Takes Ohio Senate Seat, Vows Regulatory Clarity

In a closely contested Senate race, pro-crypto Republican candidate Bernie Moreno has emerged victorious over Democrat Sherrod Brown, marking a significant shift in Ohio's political space. The Associated Press announced Moreno's win in the early hours of Wednesday (November 6), ending Brown's tenure and replacing a notable opponent of cryptocurrency regulation with a vocal supporter.

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Positive
cover-imageBlockchain News
November 7, 2024

Binance Introduces SOLUSDT Options for Enhanced Trading

Binance is set to launch SOLUSDT Daily and Weekly Options on November 12, 2024, offering new trading opportunities for users. These European-style options provide advanced trading strategies.

general-iconGeneral
Positive
cover-imageThe Currency Analytics
November 7, 2024

Matt Hougan Shares Optimism for Cryptocurrency Market's Future Amid Political Uncertainty

Matt Hougan, the Chief Investment Officer (CIO) at Bitwise, is offering a hopeful outlook for the future of the cryptocurrency market. Despite the political backdrop and potential regulatory challenges, Hougan remains confident that cryptocurrencies such as Bitcoin, Ethereum, and stablecoins are poised for long-term growth.

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Positive
cover-imageThe Currency Analytics
November 7, 2024

Crypto Industry Outpaces Traditional Sectors in U.S. 2024 Campaign Contributions, Seeks Favorable Regulatory Landscape

The cryptocurrency industry has emerged as a dominant financial force in the 2024 U.S. election cycle, surpassing traditional sectors like oil and gas, pharmaceuticals, and major financial institutions in political contributions. According to an analysis by blockchain research firm Breadcrumbs, the crypto sector has raised at least $238 million so far in this election cycle—far surpassing the contributions from industries that typically dominate political fundraising.

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Positive
cover-imageThe Daily Hodl
November 7, 2024

Crypto Wallets As Digital Identities – The Future of Personal Data in Web 3.0

Digitalization is everywhere, and it's not an exemption for finance. Crypto wallets, though slowly, penetrate our lives actively – their usage is steadily growing. Their main function is to store cryptocurrency. But today, crypto wallets actively go beyond that main function and transform into a tool for a digital identity.

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Positive
cover-imageTokenpost
November 7, 2024

President Trump's 11 Pledges to Crypto Community Signal New Era for US Crypto Policies

In the wake of President Donald Trumps re-election, the crypto community is energized by his 11 pledges aimed at overhauling US crypto regulations and fostering innovation to secure global leadership. US Policy Shift: Trumps Crypto Promises Ignite Bitcoin Optimism Many people are quite excited about Donald Trumps plans for Bitcoin and the cryptocurrency industry as a whole, and this excitement has only grown after he won the 2024 US presidential election.

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Positive
cover-imageCoingape
November 7, 2024

Coinbase CEO Brian Armstrong Highlights Pro-Crypto Wins in US Election

Coinbase CEO Brian Armstrong recently shared his perspective on the U.S. election outcome, framing it as a victory for the cryptocurrency sector. Armstrong emphasized that the election results have energized pro-crypto advocates and strengthened efforts to foster an economic environment more favorable to digital assets.

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