Former FTX Executive Caroline Ellison Set To Begin Two-Year Prison Sentence for Role in FTX Fiasco
Former FTX executive Caroline Ellison is set to start her two-year prison term in Connecticut. According to a new report...
Year: 2024
Paxos Launches USDG Stablecoin; Robinhood, Gemini, Kraken Join Network
Stablecoin firm Paxos has issued a new dollar-pegged token with support from several popular crypto firms. Paxos announced the launch...
Detroit becomes first city to fully adopt crypto payments for taxes, fees
Detroit is setting a national precedent by becoming the largest US city to accept crypto for taxes and city fees....
Galaxy Digital explores AI potential in response to Bitcoin mining slowdown
Galaxy Digital is the latest Bitcoin mining firm exploring a shift to AI, driven by increasing competition and rising mining...
DEGEN L3 migration hindered by Conduit standoff and financial losses
In a post shared with its community, DEGEN revealed mounting challenges in its ongoing effort to migrate DEGEN L3 to...
Crypto market remains bullish following Fed rate cut
Following a meeting on Nov. 7, the Fed’s Federal Open Market Committee (FOMC) cut the US interest rate by another...
BlackRock’s spot Bitcoin ETF records 20% growth in net assets during Q3
The iShares Bitcoin Trust ETF (IBIT) surpassed $23.3 billion in net asset value (NAV) in the third quarter, registering a...
France considering Polymarket ban after local trader makes $80 million on Trump win
France’s gambling regulator, the National Gaming Authority (ANJ), is expected to block access to Polymarket, a major cryptocurrency-based prediction platform,...
Anti-Crypto Senator Ousted: Ohio Rejects ‘Crypto Public Enemy’ for New Era
Ohio’s Senate race delivered a major win for the crypto industry, as Bernie Moreno unseated crypto critic Sherrod Brown, signaling...
Mastercard’s Pay Local Launches, Connecting 2 Billion Users to 35 Million Merchants
Mastercard’s Pay Local is set to transform digital payments globally, connecting 2 billion users with 35 million merchants. Mastercard Pay...
Republican Senator Lummis Pushes for BTC Reserve as Trump Returns to the White House
After Donald Trump secured his victory in the 2024 U.S. presidential race, Cynthia Lummis, the Republican senator from Wyoming, jumped...
Trader’s Successful Donald Trump Bets Prompts French Regulator to Go After Polymarket
The French gambling regulator is considering banning access to the predictions market Polymarket despite the platform not specifically targeting French...
JPMorgan Set to Launch Instant Settlement for Euro-Dollar Conversions
The bank’s token, JPM Coin, which already processes $2 billion in transactions every day, will be used for the settlement...
Unanimous Fed Decision: Quarter-Point Cut Signals Major Shift
The U.S. Federal Reserve gathered on Thu. for its Federal Open Market Committee (FOMC) session, where officials opted to trim...
Defi Nears $100 Billion Milestone as Crypto Market Heats Up
According to the latest data, the crypto economy’s 2.45% climb over the last day is pushing the total value locked...
