Chris Larsen, one of the co-founders and the chair of payments firm Ripple, who has donated millions of dollars to support Kamala Harris for president of the United States, explained that his endorsement for the Democratic candidate came down to crypto policy. In an Oct. 28 interview with CNBC, Larsen said he believed that regardless of whether […]
Security News
US Treasury strategy for financial inclusion mentions digital assets
The United States Department of the Treasury has released its national strategy for financial inclusion, only including cryptocurrencies as a potential risk for consumers. In an Oct. 29 notice, the US Treasury said its National Strategy for Financial Inclusion in the United States report resulted from a request from Congress and included recommendations to “advance consumer access to safe […]
President Biden thanks Nigerian President for Binance exec’s release
United States President Joe Biden spoke to President Bola Tinubu of Nigeria, offering his appreciation that Binance’s head of financial crime compliance had been released on humanitarian grounds. According to an Oct. 29 notice from the White House, President Biden had a call with President Tinubu in which he thanked the Nigerian leader for helping […]
Bitcoin mining stocks rocket 24% on macro climate, AI play: Analyst
Share prices of Bitcoin miners soared as high as 24.4% on Oct. 28 as Bitcoin rallied over $70,000 — with an analyst pointing to an increasingly favorable macroeconomic climate and miners’ continued diversification into AI. “Deficit spending and lower interest rates are driving global liquidity higher [while] investors are fearful of high inflation over the […]
Election betting market Kalshi to take USDC deposits
Kalshi will start taking deposits in USD Coin USDC$1.00, a popular stablecoin, as the prediction marketplace vies for users ahead of the United States’ November elections, the platform confirmed on Oct. 28. Cryptocurrency deposits will be live imminently, with offramping managed by ZeroHash, a crypto payments platform, according to a report by Fortune magazine. Competition is […]
Ripple files Form C, appeals SEC ruling on XRP institutional sales
Ripple Labs has filed a Form C in the United States Court of Appeals for the Second Circuit, challenging a recent ruling from the US Securities and Exchange Commission, the company said. Ripple’s chief legal officer, Stuart Alderoty, confirmed the filing in an X post on Oct. 25, adding that “the SEC can’t submit new […]
Vitalik Buterin in ‘wartime mode’ tops KOL mindshare as he slams ETH critics
Ethereum co-founder Vitalik Buterin has held the top spot in “KOL mindshare” for the last week on Crypto X amid a recent flood of criticism toward the blockchain and the Ethereum Foundation. According to Andy, host of the crypto show The Rollup, who cited data from Kaito AI, “wartime mode” Buterin had the highest relative KOL mindshare […]
Blockchain can help fight AI fakes in crypto airdrops and elections
The internet is awash with deepfakes, bots and artificial intelligence pretending to be humans — and a host of different projects are racing to come up with an effective solution. Multiple studies estimate that between 5% and 15% of accounts on X are bots, and Facebook bans hundreds of millions of fake users every quarter. Online games […]
Decentralized future: TON Society co-founder on crypto mass adoption
Jack Booth, co-founder of TON Society, believes that achieving mass adoption of cryptocurrency hinges on advancing decentralization within The Open Network (TON). In an exclusive interview with Booth, whose organization is focused on decentralizing finance and data on TON, told Cointelegraph that the TON community “is building a decentralized ecosystem” to make decentralized finance (DeFi), […]
Former President Trump floats idea of eliminating federal income tax
During a recent episode of the Joe Rogan Experience, former President Trump said he was serious about eliminating the federal income tax in the United States and replacing the revenue stream with tariffs on imports. The 2024 Presidential candidate cited the tariff policies of former US President William McKinley during the 1890s as incredibly prosperous […]