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.

Supported by $12 million in funding from investors, including Sam Altman, co-founder of OpenAI, Arkham Intelligence's venture into the perpetuals exchange space could shake up the market and give traders a new, transparent option.

Trump-themed memecoins, including MAGA (TRUMP) and MAGA Hat, saw initial post-election spikes, only to suffer steep declines within a day dropping 50% each.

Leading blockchain analytics firm Arkham Intelligence announced that it is launching its derivatives exchange.

Binance announced it would integrate Cetus, a trading protocol built on the Sui blockchain, sending its token value up more than 58% in the past 24-hour period.

The decentralized finance (DeFi) sector has witnessed a strong resurgence in the wake of Donald Trump's presidential victory as investors speculate.

Mercari's cryptocurrency exchange division, Melcoin, reportedly marked an astonishing ninefold increase in trading revenues that reached 271 million yen ($1.8 million).

Donald Trump won the US presidential election on Tuesday, but Bitwise chief investment officer Matt Hougan thinks crypto was already on a long-term path to adoption regardless of who took the White House. Hougan noted in a recent analysis prior to the election that a Trump victory would help reduce regulatory risk for altcoins.

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.

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.

As the U.S. election unfolds, discussions around the potential future of SEC Chair Gary Gensler have emerged, particularly regarding the possibility of his removal under a new administration.

The Polish Financial Supervision Authority has added four new entities to the public warning list, including operator of Crypto.com. Crypto.

Cryptos inspired by Donald Trump suffered a spectacular rout following his victory in the American presidential election, even as Bitcoin set a new historical record.

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.

Binance alone currently accounts for approximately 35% of all global futures positions.

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.

Riccardo Sibani, Chief Product Officer (CPO) at the Web3 gaming platform My Neighbor Alice, believes the hype surrounding Web3 gaming has cooled due to unfulfilled promises and unrealistic expectations.

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.

Galaxy Digital CEO Mike Novogratz named Hester Peirce and Dan Gallagher as potential SEC Chair candidates after Trump's return to office. The post Mike Novogratz Points to ‘Crypto Mom' Hester Pierce, Robinhood CLO as Potential SEC Chair Contenders appeared first on Cryptonews.

Bitfinex analysts predict renewed optimism and increased capital for the crypto market following Donald Trump's election victory.

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.

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.

Kraken's attorney, Michael O'Connor, criticized the SEC's move on Wednesday, calling it an ‘Election Day gambit.'

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.

Gary Wang, one of Sam Bankman-Fried's longtime friends and a key witness at his trial, is set to be sentenced on Nov. 20.

DeFi firms have feared implementing “value accrual mechanisms” for their tokens under the SEC's oversight — but that could change with president-elect Donald Trump.

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.

The win of pro-crypto Bernie Moreno in Ohio state over crypto-critic Sherrod Brown was a key factor for Trump's victory in this election. The post Coinbase CEO Calls 2024 Elections a ‘Huge Win for Crypto' and Path Toward Economic Freedom appeared first on Cryptonews.

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.

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.

Galaxy CEO Mike Novogratz thinks she would be a great pick to lead the US SEC. For her outspoken support of cryptocurrency, she is known as “Crypto Mom”.

Binance is shifting its focus to increase cryptocurrency adoption in Thailand which could transform the future of digital assets in the Asian region.

Pro-crypto candidates make significant gains in the 2024 U.S. elections, opening up the way for crypto-friendly regulations.

FTX co-founder Gary Wang requested a non-custodial sentence due to his limited role in the FTX crisis.

Pro-crypto candidates emerged as key victors in the 2024 US elections, winning significant seats in Congress. The shift in Congressional makeup signals potential momentum for favorable blockchain legislation.

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.

A closely followed crypto analyst believes three groups of digital assets will have explosive rallies this cycle. In a new video update, the host of InvestAnswers tells his 530,000 YouTube subscribers that Bitcoin (BTC) and two other types of crypto assets are set up for massive rallies.

Central banks all over the world are exploring the potential benefits of CBDCs. IMF's recent analyses shows the potential benefits and risks that central banks face.

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.

The Japanese e-commerce titan Mercari has seen a ninefold rise in its crypto exchange trading revenues over the past year. The post Japanese E-commerce Giant Mercari's Crypto Exchange Revenues ‘Up x9' on 2023 appeared first on Cryptonews.

FTX co-founder Gary Wang has requested a federal judge not to send him to prison. He noted that he is testifying against the former business partner, Sam Bankman-Fried, someone he has known for a long time in a fraud case.

DeFi tokens rallied in the aftermath of the US election. Trump's victory set expectations of a more lenient regulatory regime in the USA.

FTX co-founder Gary Wang should not receive prison time, his lawyer argued in a sentencing memorandum filed on Wednesday.

He added that the crypto-friendly super PAC Fairshake amassed $78 million thus far in the 2026 U.S. midterms.

The chief executive of crypto asset management firm Galaxy Digital says that big changes are coming to the digital assets industry following yesterday's US presidential election.

The rise of memecoins is an important milestone of the crypto community and Binance research credits increased the money supply for it. As investors have more appetite for high-risk assets, memecoins have tripled in value.

As far as winners go, Trump wasn't the only one emerging victorious on Election Day, with predictions markets seemingly vindicated.