Huawei is incorporating China's digital yuan, a central bank digital currency (CBDC), into its HarmonyOS NEXT operating system. The post Huawei Integrates Digital Yuan in HarmonyOS NEXT, Reaching Up to 1 Billion Users appeared first on Cryptonews.

This week, crypto exchange Kraken stole the show with its $42.5 million grant raise from Optimism. Kraken has disclosed its latest decision to launch Ink, a layer-2 on the Optimism (OP) blockchain.

Muhammad Omar is an advisor and manager who's quietly transforming boxing's landscape. Known for his success in the Web3 arena.

Web3 gaming firm Immutable on Friday announced it had received a Wells notice from the US Securities and Exchange Commission, indicating that the regulator may soon pursue an enforcement action against the company.

The Blockchain Association, an advocate for cryptocurrency and blockchain technology, has revealed that the SEC has imposed a staggering $426 million in litigation costs on digital asset firms since Gary Gensler took over as chair.

The teenager allegedly styled himself a crypto expert to draw the terror group's attention, helping it raise $1,300 in the process.

The U.S. Department of Justice (DOJ) is charging the founder and CEO of crypto firm Gotbit with wire fraud and conspiracy to commit market manipulation and wire fraud. In a new press release, the U.S.

Coinbase has uncovered more than 20 instances in which the United States Federal Deposit Insurance Corporation (FDIC) advised banks to avoid offering crypto-related services.

The cryptocurrency market is notorious for its volatility, and some traders have mastered the art of leveraging such conditions. A recent success story that caught the attention of crypto investors is that of GCR, a trader who turned an investment of $1000 into $1,000,000,000.

Trump is making bold promises to capture the attention of the digital asset industry and investors.

Animoca Brands is set to launch its first consumer Web3 event, GEN3 Playground, at Hong Kong's K11 Musea on November 2, 2024, offering immersive digital experiences.

As the U.S. presidential election nears, BitMEX founder Arthur Hayes has spotlighted Solana (SOL) as his top pick for trading, predicting that it will outperform other major crypto assets.

Jimmy Donaldson, widely known as MrBeast, is facing a new controversy over alleged cryptocurrency dealings.

In election week, the market may deal with unexpected events often referred to as “black swan” occurrences. In a recent Telegram post, a crypto analyst known as CryptoCapo TG highlighted the risk of a black swan event potentially occurring before the US election, which could lead to an average price drop of 35% for altcoins.

SEC's lack of consistency in digital asset and Bitcoin classification has spurred Brian Armstrong to demand accountability from future leadership.

A cryptocurrency exchange called Paribu recently conducted a survey highlighting a notable trend in Turkey: an increasing preference for crypto over traditional investment options such as stocks and real estate. The “2024 Cryptocurrency Awareness and Perception Survey” survey involved interviews with 2,002 individuals familiar with crypto and 541 interviews with those actively trading in the digital asset market.

New partnerships between central banks target digital currency integration to streamline tokenized cross-border transactions and modernize the global financial infrastructure.

VC funds in blockchain are still alive and kicking, but now they're helping create a more sustainable and responsible landscape.

Crypto entities and institutions have lost over $88.4 million in defi hacks in October 2024. Per PeckShieldAlert report, Radiant Capital lost the most from October hacker's heists.

October saw continued challenges in the cryptocurrency sector, with hacker attacks and phishing scams resulting in $181 million in losses, according to a recent report by blockchain analytics firm PeckShield. Although a drop from the $120 million seen in September, these incidents underscore ongoing security issues in digital assets.

Sheetz expands its partnership with Flexa to accept BTC, ETH and stablecoin payments at over 750 locations in the US.

This week in LATAM's cryptocurrency landscape, Brazil continues to see an increase in cryptocurrency activity, with imports of digital assets reaching USD 1.4 billion in September, as Argentina moves forward on plans to regulate tokens.

Decentralized finance (DeFi) is gaining momentum in Eastern Europe, signaling a growing embrace of cryptocurrency in the region, as highlighted by a recent report from Chainalysis.

Caroline Ellison and Nishad Singh, two former top executives wrapped up in the FTX and Alameda Research fraud saga, found themselves on different sides of the sentencing spectrum. Caroline, once CEO of Alameda Research, landed two years in prison, while Nishad, another high-ranking figure, walked away with supervised release.

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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The FTX case has taken a new twist as the U.S. government seeks to recover $13.25 million in political donations made under the names of former FTX executives Sam Bankman-Fried and Nishad Singh.

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.

Zhu Su wife sells Singapore mansion for $38.5 million amid heightened financial scrutiny on Three Arrows Capital.

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.