As the 2024 U.S. presidential election draws near, the crypto market is on edge, with Bitcoin and other major coins experiencing volatility.

The Union Bank of Switzerland (UBS) has introduced a new digital finance advancement by releasing the “UBS USD Money Market Investment Fund Token” (uMINT), a money market fund developed on the Ethereum blockchain. According to a Nov. 1 statement, the UBS tokenized investment fund showcases its dedication to meeting the increasing need for tokenized financial

In a recent video analysis, Real Vision founder Raoul Pal discusses the looming “Exponential Age,” an era he believes will be defined by quick innovation in technology that may disrupt traditional industries and societal norms. Pal identifies artificial intelligence (AI), robotics, blockchain, renewable energy, and biotechnology as key drivers of this transformative period.

The U.S. Treasury Department has finalized a rule to tighten scrutiny on foreign property near military installations, which affects crypto mining. This comes after the United States president weighed in to stop a China-tied crypto operation near a nuclear missile base.

The U.S. Justice Department is actively seeking the return of up to $13.25 million in political contributions linked to former FTX executives, as revealed in a recent federal court filing. The post US Justice Department Pursues Return of $13M in Political Contributions Linked to FTX appeared first on Cryptonews.

A new report from Electric Capital highlights a notable decline in the share of crypto developers based in the United States over the last decade.

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An analyst warns that “volatility” could emerge if the US election results are close, but traders will be relieved once it's over, giving the market “firmer ground.”

Anyone who invested $1,000 in Bitcoin on US election day in 2016 saw a phenomenal return to over $10,000 the following year. This heavily suggests how connected the crypto world can sometimes be with elections and gives an inkling into what may lie ahead in this election cycle.

Bitfarms has partnered with Stronghold Digital Mining Hosting to deploy 10,000 miners at its Pennsylvania site, aiming to improve efficiency and expand its U.S. operations. Improved Efficiency Canada-based bitcoin miner Bitfarms has entered into a second miner hosting agreement with Stronghold Digital Mining Hosting. Bitfarms will deploy 10,000 miners at Stronghold's Scrubgrass site.

An American cryptocurrency exchange announced that it will streamline its operations and make changes in its organizational structure as it aims to become the world's largest crypto platform. As part of the changes, the Kraken crypto exchange will downsize its workforce by at least 15%.

MrBeast, famous YouTuber with 320 million subscribers, has been accused of insider trading by some crypto experts.

Coinbase's Chief Legal Officer (CLO), Paul Grewal, has called out the Federal Deposit Insurance Corporation (FDIC) for continuing an anti-crypto agenda.

Coinbase's chief legal officer declares that the “contents are a shameful example of a government agency trying to cut off financial access to law-abiding American companies.”

The FBI's fake cryptocurrency token unraveled a landmark market manipulation case, leading a founder to plead guilty to running automated wash trades across exchanges. In FBI-Created Token's Trap, Crypto Mogul's Empire Collapses The U.S.

MrBeast, a prominent crypto influencer with 31.2 million followers, has found himself in a weird dispute after allegedly discovered to have made millions through the so-called crypto pump-and-dump scheme.

Convenience store chain Sheetz now accepts crypto payments at all its locations — over 750 stores across multiple U.S. states — allowing customers to pay with cryptocurrencies and earn rewards.

For over 10 years, the mystery of Satoshi Nakamoto has captured the attention and fascination of crypto users and the general public around the world. Satoshi Nakamoto's white paper on a peer-to-peer electronic cash system became the basis of Bitcoin and has spawned similar projects and developments.

9,500 kiosks now offer cash-to-crypto access as Coinstar expands with a new digital wallet, driving affordable remittances and financial inclusion nationwide.

Craig Wright, the Australian computer scientist who claims to be Satoshi Nakamoto, the anonymous founder of Bitcoin, is in fresh legal trouble. He now faces contempt of court charges in the UK.

Crypto rewards received before an account freeze are taxable in the year they're received, even if holders can't access their funds later, the IRS says.

Introduction We live in a world of information, where data is the new oil. Hence, with data, everything and anything is possible. This data-driven reality brings significant responsibilities, especially in ensuring that private and sensitive information remains protected. Blockchain technology is a powerful tool that prioritizes transparency over privacy.

Blockchain Association, a crypto-focused lobby group, announced that crypto companies have spent around $426 million fighting lawsuits filed by the US Securities and Exchange Commission (SEC) under its chief, Gary Gensler.

The Department of Justice has indicted Aleksei Andriunin, founder and CEO of crypto financial services firm Gotbit, on charges of wire fraud and conspiracy to commit market manipulation. Andriunin, a Russian national residing in Portugal, allegedly orchestrated a scheme to artificially inflate trading volumes for client crypto companies, including several based in the US.

The CEO of Paxos has issued an urgent letter to both Trump and Harris, urging them to pursue immediate crypto reforms to preserve U.S. financial leadership.

A U.S. federal judge has granted the government additional time to negotiate the return of up to $13.25 million in political donations made by former FTX executives Sam Bankman-Fried and Nishad Singh. Judge Lewis Kaplan, presiding over the case, approved the government's request to extend negotiations with various political action committees (PACs) until January 15,

Charles Hoskinson, the founder of Cardano, delivered a scathing critique of meme coins in a live stream broadcasted on Halloween, October 31, 2024. Speaking from Colorado, Hoskinson addressed the current state of the crypto market, focusing particularly on the proliferation and perceived inherent flaws of meme-based cryptocurrencies.

BitGo has appointed Ben Reynolds, former president of Silvergate Bank, as managing director to lead the development and global expansion of its USD Standard stablecoin, aiming to enhance its presence in the digital asset market. The post BitGo Hires Former Silvergate President to Head Stablecoin Business appeared first on Cryptonews.

Key incidents included a $53 million loss at Radiant Capital and a $20 million breach of a U.S. government-controlled wallet.

Coinbase reveals over 20 FDIC letters advising banks against crypto services, with CLO Paul Grewal advocating for transparency in FOIA filings. The post Coinbase finds FDIC discouraging banks from offering crypto banking services in over 20 instances appeared first on Crypto Briefing.

The U.S. government has requested more time to negotiate for the return of up to $13.25 million in donations to liberal political organizations.

Ethereum infra developer Consensys filed its response to the U.S. SEC's claims of federal securities law violations, piling on its lawsuits against the agency.

The 2024 United States elections will be held on Nov. 5, as digital asset policy becomes a growing concern among pro-crypto voters.

This week's Crypto Biz explores Coinbase's earnings, Reddit's sale of crypto holdings and Circle's new fee structure for institutional investors and high-volume traders.

Australian computer scientist and self-described Bitcoin founder Craig Wright has taken to the courts once again, this time filing a $1.18 billion lawsuit against Block, a payment company owned by Jack Dorsey. Wright – who spuriously claims to be Satoshi Nakamoto – is accused of contempt of court by the Crypto Open Patent Alliance –

No need to download or pull up an app to pay with the Chinese CBDC on Huawei phones now.

As US elections approach, crypto advocates warn that opposing blockchain could be as shortsighted as resisting the internet in the 90s, potentially costing politicians key support.

Paul Grewal, Coinbase Chief Legal Officer (CLO), noted that the situation is gradually becoming clearer as the company has begun to receive information from the FDIC related to its FOIA request concerning pause letters sent to financial institutions under Operation Chokepoint 2.0. He characterized the contents of these letters as a troubling indication of a

Earlier in the week, DFW Labs did not identify the individual but removed Eugene Ng from its team page amid allegations of spiking a drink.

Foreign real estate deals near sensitive U.S. military bases will get more government scrutiny under a new rule from the U.S. Department of the Treasury that has emerged after President Joe Biden ordered a China-tied crypto mining operation beside a Wyoming nuclear missile base shut down earlier this year.

The government of Florida already owns $800 million worth of crypto-related investments and could soon hold more, according to Jimmy Patronis, the state's chief financial officer (CFO).

BitMEX founder Arthur Hayes is naming an altcoin he thinks will outperform the rest ahead of the upcoming US presidential election.

UAE-based crypto exchange M2 crypto exchange recently encountered a cybersecurity breach, resulting in the loss of $13.7 million in digital assets. The incident occurred on October 31, at around 3:16 AM local time, as the exchange reported a targeted attack on its hot wallets across multiple blockchain networks, including Bitcoin, Ethereum, and Solana.

The historic trend of BTC rising in October ended up occurring again despite a rocky first half of the month and a rough final day. All said and done, the asset's price rose nearly 11% during the month.

Blockchain infrastructure service provider ConsenSys has filed another response over the claims from the US Securities and Exchange Commission (SEC) that MetaMask is violating Federal laws over its product offerings. The Joe Lubin-led firm revealed that the claims are not what demands advocacy as a general matter.

River, an on-chain encrypted messaging protocol, has acquired Llama, a Founders Fund-backed smart contracts platform for decentralized governance.

Orthodox venture capital will never provide the resources for decentralized AI to take on Microsoft, Alphabet, Apple, et al. The only way is to supplant equity financing with user-owned, token-based systems, says Michael J.