Trump Administration Candidates with Crypto-Friendly Views
Donald Trump is not only considering new candidates for SEC Chair but is also planning to establish a cryptocurrency advisory council.
Are We in a Bull Market? Standard Chartered and Bernstein Reports
The cryptocurrency market is experiencing a strong bullish wave after Donald Trump’s election win, with investors optimistic about upcoming regulatory and economic shifts in the U.S.
Ukrainian Man Robbed of 8M Baht ($222,000) in Thailand
A 23-year-old Ukrainian man was robbed of 8 M baht (about $222,000) in Phuket, Thailand on Friday, Bangkok Post reports.
Alameda Research Sues Blockchain Founder of Waves
Alameda Research, now bankrupt, has filed a legal suit seeking over $90 million from Alexander Ivanov, the founder of the Waves blockchain.
Dune Purchases smlXL, Expands Its Real-Time Data Offering
Crypto data analytics platform Dune announced the acquisition of smlXL, another blockchain data provider.
FTX Files Lawsuit Against Binance and Former CEO Changpeng Zhao
The bankrupt exchange FTX continues its legal pursuit against former partners and clients to recover funds for creditors. The latest targets are Binance and its former CEO Changpeng Zhao, from whom FTX seeks to reclaim $1.8 billion.
OpenSea Wins Battle with Dissatisfied Clients
Two OpenSea users, Anthony Shnayderman and Itai Bronshtein, have withdrawn their lawsuit accusing the company of securities law violations. This decision came after the court permitted OpenSea’s legal team to pursue arbitration.
Bitget Wallet and Foresight Ventures Invest $20 Million in TON
Bitget Wallet, a non-custodial crypto wallet by Bitget, is leading an initiative to advance crypto projects within Telegram. Together with the venture fund Foresight Ventures, Bitget has allocated $20 million to support developers of Mini Apps on Telegram.
Trump’s Victory Boosts Wealth of Leading Crypto Entrepreneurs
The wealth of prominent crypto entrepreneurs saw a sharp increase following Donald Trump’s recent election victory, as shares in cryptocurrency companies rallied in anticipation of the newly elected U.S. President’s promised pro-digital assets policies.
BlackRock’s BTC ETF Gains $1.12 Billion, Surpassing Gold ETF
On November 7, U.S. spot Bitcoin ETFs reached a new milestone with net inflows totaling $1.38 billion in a single trading day, as reported by SoSoValue. This surge was largely driven by BlackRock’s iShares Bitcoin Trust, which alone brought in $1.12 billion.
Chinese Official Becomes a Spy Due to Cryptocurrency Debts
A Chinese government official with significant cryptocurrency investments was recruited by foreign spies and sold state secrets to cover his crypto-related losses. Wang Moumou received over 1 million yuan for his activities but was ultimately sentenced to life imprisonment for espionage.
SEC Chair Candidate Mark Uyeda Says War on Crypto Must End
Mark Uyeda, a Commissioner of the US SEC (Securities and Exchange Commission) and lead chair candidate says the war on crypto will end under Donald Trump’s administration.
Sky Is Here to Stay: MakerDAO Supports Rebranding Efforts
MakerDAO voted to maintain the name “Sky” in connection with the recent rebranding tied to the long-term “Endgame” plan for transforming the protocol. The poll was conducted on November 4, 2024, and about 80% of voters supported the decision to keep the Sky brand.
Monero Usernames Now Available on Unstoppable Domains
Decentralized domain name provider Unstoppable Domains has partnered with Cake Wallet to enable the trading of Monero usernames.
Detroit Embraces Crypto for Tax Payments
Detroit is gearing up to become the largest U.S. city to accept cryptocurrencies for tax and city fee payments.
Powell on the Fed’s Interest Rate Cut: December Predictions
On November 7, the Fed announced a 25 basis point cut in the interest rate, bringing it to a range of 4.5-4.75%, aligning with market expectations. This move marks the second consecutive reduction in 2024 following a period of sustained high rates.
Ethereum Foundation’s $970 Million Treasury Revealed
The Ethereum Foundation has published a financial report detailing its assets, which amount to nearly $970 million. Of this, $788.7 million is held in cryptocurrencies, with ETH constituting 99.45% of the portfolio. Approximately $181.5 million is invested in conventional assets and cash reserves.
Toronto Sees High-Profile Crypto Kidnapping
CBC Toronto reported that Dean Skurka, CEO of WonderFi, a Canadian crypto company, was abducted in downtown Toronto. He was forced into a vehicle and taken to an undisclosed site, where kidnappers demanded CAD 1 million (approximately $720,000), threatening his safety.
Justin Sun Extends a Job Offer to Gary Gensler
Justin Sun, the visionary behind Tron (TRX) and major investor in HTX (Huobi), has proposed a new career path for Gary Gensler, the chair of the U.S. SEC.
Galaxy Pivots BTC Mining Assets Toward AI Computing
Faced with mounting competition in Bitcoin mining, Michael Novogratz’s Galaxy Digital is redirecting its focus. The company is now eyeing alternatives that could promise higher revenue streams.
UBS Introduces UBS Digital Cash for Blockchain-Based Transactions
UBS, the prominent Swiss bank, has revealed a successful pilot project for UBS Digital Cash, a blockchain-powered multicurrency payment solution aimed at improving cross-border transactions.
CZ Weighs Selling His Binance Shares
In a recent interview, Changpeng Zhao (CZ), the ex-CEO of Binance, shed light on his present association with the crypto platform and the potential sale of his controlling shares. Learn why the billionaire entrepreneur is not eager to sell now and his thoughts on the updates to social network X.
Trump’s First 100 Days: A Checklist from Ripple’s CEO
Brad Garlinghouse, the CEO of Ripple, delivered a distinctive congratulatory message to the new president. In addition to his well-wishes, he proposed key reforms aimed at restructuring the SEC in Trump’s early administration.
DeFi Tokens Surge 20% on Trump’s Anticipated Election Win
Several DeFi sector cryptocurrencies posted daily gains exceeding 20% after Donald Trump appeared as the clear winner of the U.S. presidential election on November 6. Investors are optimistic that the new White House administration will foster a more favorable climate between regulators and the crypto industry.
FTX’s Gary Wang Asks the Judge for No Prison Time
Gary Wang, co-founder and former Chief Technological Officer of FTX has appealed for no jail time as a key witness in the case.
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Who Is Crypto Kaleo: A Market Analyst with 700,000 Followers
Crypto Kaleo is a renowned crypto trader and one of the most followed influencers in the industry. Active since 2017, he has built a strong presence on X, TradingView, and other platforms, sharing technical analysis, market predictions, and insightful commentary on the crypto space.
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Zora Network Reviewed: A Testnet Guide
Are sky-high Ethereum fees getting you down? The folks at Zora have come up with an alternative, introducing their Layer 2 solution with lower transaction fees. This article will walk you through how to get involved with the project and earn some rewards.