Trump Appoints Pam Bondi as U.S. Attorney General Following Gaetz’s Withdrawal
On Thursday, President-elect Donald Trump made a quick decision to nominate Pam Bondi, the former Florida Attorney General, to the position of U.S. Attorney General. This move came after Matt…
Coinbase Announces Plans to Suspend Trading of Wrapped Bitcoin
Coinbase has declared its intention to suspend trading of Wrapped Bitcoin (WBTC) come December, highlighting undisclosed issues that failed to meet the exchange’s rigorous token listing standards. The cryptocurrency exchange…
Indicators Suggesting a Potential Peak in Bitcoin Prices
CryptoQuant, an onchain data service, has identified several key metrics that can indicate when Bitcoin may be nearing a price peak. According to a recent update posted on November 19,…
Paxos Expands into the EU with Membrane Finance Acquisition for Stablecoin Growth
Paxos, a leading blockchain infrastructure platform, has strategically positioned itself for an expansion into the European market by acquiring Membrane Finance, a Finnish Electronic Money Institution. This acquisition is set…
PayPal Enhances Cross-Border Payments with Xoom Using PYUSD Stablecoin
PayPal has announced a significant step in its global payments strategy by tapping Xoom to facilitate cross-border payments using its stablecoin, PayPal USD (PYUSD), as of November 19. This initiative…
Hong Kong Cyberport’s Web3 Ecosystem Expands to 270 Blockchain Companies
Hong Kong‘s Cyberport, a state-supported business hub, has rapidly expanded its roster of blockchain-related enterprises to over 270, following the addition of more than 120 firms in just 16 months.…
Stalemate in House Ethics Committee Over Release of Matt Gaetz Report
On Wednesday, the House Ethics Committee convened in a closed session without reaching a consensus on whether to publicly disclose a detailed report of their extensive investigation into former Rep.…
Launch of DeFi Vaults for BlackRock’s BUIDL by Securitize and Elixir
On November 19, Securitize and Elixir introduced a significant innovation in the realm of tokenized securities with the launch of a liquid staking token (LST) for BlackRock’s onchain money fund,…
Collaboration Among Chainlink, Microsoft, and Banco Inter in Brazilian CBDC Pilot
The Banco Central do Brasil (BCB), the central bank of Brazil, has initiated the second phase of its Drex central bank digital currency (CBDC) pilot, aimed at enhancing cross-border transactions…
California Court Holds DAO Participants Accountable Under Partnership Laws
On November 18, a landmark decision by Judge Vince Chhabria of the U.S. District Court for the Northern District of California set a significant legal precedent affecting members of decentralized…
Shaquille O’Neal Agrees to $11 Million Settlement in Astrals NFT Class Action
Former NBA superstar Shaquille O’Neal recently finalized an $11 million settlement in a class action lawsuit concerning his promotion of the Astrals non-fungible token (NFT) collection. This legal resolution also…
Biden Maintains Discretion on Trump During International Summits
President Joe Biden, in the aftermath of back-to-back international summits, finds himself navigating a precarious transition period with the looming presidency of Donald Trump. Throughout the Asia Pacific Economic Cooperation…
Trump Appoints Brendan Carr as FCC Chairman
President-elect Donald Trump has appointed Brendan Carr as the new chairman of the Federal Communications Commission (FCC), as reported by The New York Times. Carr, who has been a member…
The Significance of the US Launch of Spot Bitcoin Options
The forthcoming introduction of spot Bitcoin exchange-traded fund (ETF) options in the United States marks a significant milestone in the evolution of financial markets, with potential profound impacts on liquidity…
Coinbase CEO to Meet with Trump to Discuss Personnel Appointments
Brian Armstrong, CEO of the U.S.-based cryptocurrency exchange Coinbase, is slated to meet with President-elect Donald Trump. This meeting, reported by the Wall Street Journal on November 18, is part…
‘Razzlekhan’ Receives 18-Month Prison Sentence for Role in Bitfinex Crypto Theft
In a notable legal development, one of the individuals linked to the laundering of stolen Bitcoin from the 2016 Bitfinex hack has been sentenced to 18 months in prison. Washington,…
Trump Administration Aims to Simplify Deployment of Self-Driving Vehicles
President-elect Donald Trump’s transition team is actively working to establish a robust federal framework to facilitate the integration of self-driving cars onto U.S. roads. According to a report by Bloomberg,…
Goldman Sachs to Spin Out Crypto Platform
Goldman Sachs is setting the stage to spin out its cryptocurrency platform into a separate entity dedicated to creating and trading financial instruments on blockchain networks, as reported by Bloomberg…
Nepal to Fight Crypto Fraud with Public Awareness, Transaction Monitoring
Nepal’s Financial Intelligence Unit (FIU) has raised significant concerns about the increasing use of cryptocurrencies in cyber-related frauds, despite the country’s official ban on trading digital assets. The FIU, a…
Texas Proposal Would Give Schools the Option to Use Bible Teachings in Lessons
A new proposal in Texas could allow public schools to include teachings from the Bible in lessons for students from kindergarten through fifth grade. This plan, which was presented to…