The U.S. Treasury Department has recommended replacing private stablecoins with government-issued CBDCs, citing concerns about the $120 billion in Treasury bills held as stablecoin collateral and potential market risks.

LottieFiles revealed a supply chain compromise in which malicious code could lure users into connecting crypto wallets, potentially leading to asset theft.

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.

Kraken Desktop draws inspiration from the highly popular Cryptowatch tool that was sunset by the crypto exchange last year.

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.

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.

The cryptocurrency industry has spent years clashing with Democratic President Joe Biden's administration over regulatory issues, but executives expect an easier ride from Washington, regardless of who wins the White House next week.

VISTA rose 74% over the last day as decentralized exchange Ethervista launched its token deployer Etherfun. VISTA soared from $8.41 on Oct. 28 to an intraday high of $38.54 on Oct. 31, representing a surge of over 350%.

Jeremy Allaire believes most governments are open-minded toward crypto and stablecoin regulations.

Visa has teamed up with Coinbase to offer real-time payments, allowing Visa debit card users to instantly deposit funds into their Coinbase accounts.

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).

Binance announced a new cooperation with Amazon's AWS Cloud, employing generative AI solutions. This AI technology will focus on the user experience for Binance's 237 million consumers.

With the U.S. experiencing a decline in its share of crypto developers, the country may be jeopardizing its leadership position in the swiftly changing crypto economy.

Coinbase has announced a $25 million donation to Fairshake, aiming to bolster support for pro-crypto candidates in the upcoming 2026 midterm elections. The post Coinbase Commits $25M to Fairshake in Push for Pro-Crypto Candidates for 2026 Midterms appeared first on Cryptonews.

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.

In a recent report, the US Treasury Department detailed significant growth in key areas of the crypto ecosystem, emphasizing how this expansion has influenced demand for short-term Treasury bills (T-Bills), which are viewed as a safe investment backed by the US government's credit.

The increase in law enforcement intervention, among other factors, has pushed ID fraudsters toward crypto markets. The post ID Fraudsters Launch Automated Mega-Attacks on Crypto Companies, Abandoning Payments Sector appeared first on Cryptonews.

Robinhood has reported significant growth in trading volume, with equity trading volumes up by 65% and crypto trades skyrocketing by 112%.

Blockchain investigators have mapped over 50 cryptocurrency wallets linked to YouTube star MrBeast, documenting a pattern of pre-launch token purchases and peak-price sales that generated over $23 million in profits between 2021-2024.

While the 2024 election has yet to be concluded, Coinbase is already advancing its support to the 2026 midterms candidates through Fairshake

BlackRock CEO Larry Fink on CNBC means more to QCP's founder and chief investment officer rather than presidential candidates promoting crypto.

David Chiu views stablecoins as a promising and expansive market for Hong Kong.

Jimmy Donaldson, a popular YouTuber under the acclaimed moniker MrBeast, is in the middle of another scandal based on an in-depth report examining the influencer's cryptocurrency dealings.

Despite the growing number of investors, only 10% held over $7,200 worth of digital assets in their crypto portfolios.

In a bold move signaling its commitment to the cryptocurrency political landscape, Coinbase has pledged $25 million to the super PAC Fairshake, aiming to bolster crypto-friendly candidates in the upcoming 2026 midterm elections.

De Nederlandsche Bank fined Bybit $2.4m for offering crypto services in the Netherlands without mandatory registration. The Netherlands‘ central bank, De Nederlandsche Bank, has fined Bybit €2.2 million ($2.

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.

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.

On October 30, Russia's Deputy Energy Minister, Evgeny Grabchak, announced plans to restrict cryptocurrency mining in regions suffering from electricity shortages.

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.

Kraken, a leading cryptocurrency exchange, is reportedly laying off 15% of its employees amid the internal restructuring the firm announced on Wednesday.

Former FTX executive, Nishad Singh, avoids prison time after being sentenced the Manhattan federal judge. Singh is sentenced to three years of supervised release for his role in FTX's collapse.

Crypto exchange Coinbase has seen a positive response to its blockchain powered digital medals at the 2024 Nike Melbourne Marathon Festival.

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.

Coinbase said it has committed a further $25 million to Fairshake to boost pro-crypto candidates ahead of the 2026 midterms.

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.

South Korea's crypto market skyrocketed in the first half of 2024, with 7.8 million investors and daily trading volumes rising by 67% to $4.4 billion.

Coinbase, the US's biggest crypto exchange by trading volume, is doubling down on its political clout. It has decided to add $25 million to Fairshake, a crypto-focused PAC already influencing US elections.

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.

South Korea's cryptocurrency investor population has surged to new heights, reaching 7.78 million in the first half of 2024, up 21% from the 6.45 million reported in the latter half of 2023. The post South Korea's Crypto Investor Base Surges to 7.78M in First Half of 2024, Marking a 21% Growth appeared first on Cryptonews.

Robinhood's Q3 2024 earnings report revealed a significant surge in crypto trading volume, reaching $14.4 billion, marking a 114% year-over-year increase from Q3 2023.

The US Treasury Department is exploring the impact of stablecoin growth on the demand for short-term Treasury bills.

Two weeks after Grayscale submitted its application to convert the Grayscale Digital Large Cap Fund (GDLC) into an ETF, the Securities and Exchange Commission (SEC) confirmed the filing.

Coinbase, a16z, Multicoin Capital, and Paradigm have filed an amicus brief supporting Beba LLC and DeFi Education Fund's preemptive lawsuit against the SEC.

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.

Bitcoin mining firm Riot Platforms reported a 65% year-over-year revenue increase in the third quarter of the year. The post Riot Platforms Reports 65% Revenue Growth Despite Mining Expansion Setbacks appeared first on Cryptonews.

The crypto industry has criticized financial regulators in the United Kingdom (UK) for their slow and stringent application approval process, but a blockchain think tank believes good crypto regulations will take time to shape and implement.