Wed, November 13

Coinbase Files FOIA Requests on U.S. Crypto Regulations

Coinbase has intensified its push for regulatory transparency, filing two Freedom of Information Act (FOIA) requests against U.S. agencies. The exchange aims to shed light on the growing restrictions faced by banks dealing with crypto deposits. It particularly targets the Federal Deposit Insurance Corporation (FDIC) and other regulators involved in

October 22, 2024 2 mins read

Is Crypto Playing the Role of Cornerstone in the 2024 US Elections?

Since its origin, cryptocurrency has been closely intertwined with politics. The nature of the sector, with its open threat to centralized finance, has rendered politics to be its constant watchdog. Moreover, the need for regulations within digital assets, though contrary to crypto’s goals, still requires the involvement of political and

October 21, 2024 8 mins read

US Government Commends Bitfinex Hacker for Five Years Imprisonment

 In an interesting turn of events, the hackers behind Bitfinex 2016 major hack penalties were discussed by the US government. The 2016 hack was an enormous security breach that caught market attention and has still been discussed. Several other security concerns have also risen in the past few months.  Notably,

October 16, 2024 2 mins read

Trump’s DeFi Project Sees Huge Interests Amid Token Launch Week

The cryptocurrency market has livened up this past week with bullish price actions and other new announcements. Notably, several leading digital assets including Bitcoin and Ethereum have retraced their steps to previous trading levels. Meanwhile, the crypto-political landscape has also made some new announcements.  Notably, Republican candidate Donald Trump’s World

October 15, 2024 2 mins read

Kamala Harris Briefly Mentions Crypto in Her Opportunities Agenda

As the US Elections draw closer, the crypto community is waiting with bated breath to witness the regulatory reforms. However, they have also been observing the candidates’ approach to digital assets to reaffirm their political stance. While the Republicans have taken the lead in this regard, the Democrats continue to

October 15, 2024 2 mins read

FTX Token Drops 10% as Former Executive Begins Prison Term

Satoshi Nakamoto’s identity and the HBO documentary are the day’s talks for the crypto community. The HBO documentary has attempted to uncover the true identity of the creator of Bitcoin. Meanwhile, Ryan Salame, the former FTX executive’s 7-and-a-half-year prison sentence began in the past day.  In reflection, the FTX token

October 9, 2024 2 mins read

FTX Reorganization Plan Receives Approval from US Bankruptcy Judge

The Web3 community after a recent slump has begun to stir up its activity. Meanwhile, the looming US elections and FED reports have influenced the sector’s different aspects. While prices have shown mixed signals, the industry itself has become vibrant. A recent report stated that almost 7.51% of the global

October 8, 2024 2 mins read

Global Crypto Investment Products Experience $147M Outflow

Global investment products focused on crypto, managed by firms such as BlackRock, Bitwise, Fidelity, Grayscale, ProShares, and 21Shares, have witnessed a significant reversal after a remarkable three-week net inflow period, with $147 million exiting these funds last week. This development marks a sharp decline from nearly $2 billion in inflows

October 7, 2024 1 min read

Could Trump Lead in the Election Polls Signal a Shift for Crypto?

Donald Trump has taken a slight 3% lead in the U.S. presidential polls ahead of the November 2024 election, with his pro-crypto stance drawing significant attention from both traditional and digital markets. His recent endorsement of Bitcoin, alongside calls for a strategic U.S. Bitcoin reserve, has positioned him as a

October 7, 2024 2 mins read

Chainalysis CEO Michael Gronager Resigns After Decade-Long Service

It’s another week’s end and thus the folks at the crypto community are hoping for another bull run. However, this time they hope it will stay. Meanwhile, apart from price actions, web3 firms have shown activity in terms of partnerships and advancements or new announcements.  Notably, crypto-based firm Chainalysis’s co-founder

October 4, 2024 2 mins read