Crypto custody is a growing market that could flourish if Trump wins

Hackers and fraudsters are attracted to crypto like flies to honey. This makes crypto custody a high-stakes business, as opposed to custodying traditional assets like stocks and bonds, which is considered to... Read more »

Polymarket fuels crypto industry’s $1.2 billion election involvement, political donations up over 10x

The crypto industry’s monetary involvement in the 2024 US presidential election has exceeded $1.2 billion, with Polymarket accounting for a vast majority of the amount, according to a recent report by Breadcrumbs.... Read more »

Circle CEO claims US is on the path to becoming the “decisive leader” in crypto

The U.S. is at a “turning point” in crypto, and about to become “THE decisive leader” in nurturing the technology, Jeremy Allaire, CEO of stablecoin issuer Circle, wrote in an X post... Read more »

Tether eyes enhanced government relations after UK deems USDT a distinct property

Tether is working to improve its relations with regulators following the recognition of its USDT stablecoin as property in the UK. On Sept. 13, Tether announced that it hired Jesse Spiro to... Read more »

SBF files appeal seeking to reverse conviction over allegations of judicial bias

Sam Bankman-Fried (SBF), co-founder of the collapsed crypto exchange FTX, has filed an appeal challenging his fraud conviction on Sept. 13, arguing that the trial was tainted by judicial bias and procedural... Read more »

OpenAI launches next gen LLM model o1 using reasoning tokens to plan outputs

OpenAI has released a new series of AI models called OpenAI o1, designed to enhance reasoning capabilities for solving complex problems. The o1-preview and o1-mini models aim to spend more time thinking... Read more »

Trump says he is ’embracing’ crypto in launch teaser for World Liberty Financial

Former President Donald Trump announced that World Liberty Financial (WLFI) will officially launch next week on Sept. 16 during a live stream on X (formerly Twitter). Trump shared the news on Sept.... Read more »

Federal agencies team up to fight surge in ‘pig butchering’ crypto scams

The Commodity Futures Trading Commission (CFTC) has joined forces with federal and private organizations to combat the surge in crypto scams known as “pig butchering,” according to a Sept. 11 press release.... Read more »

Lawmakers to probe SEC over suspected political favoritism in staffing

Lawmakers have launched a joint investigation into the Securities and Exchange Commission (SEC), raising concerns that the agency may have engaged in politically motivated hiring practices, according to a Sept. 11 letter... Read more »

Digital Chamber urges lawmakers to classify NFTs as consumer goods amid SEC enforcement concerns

The Digital Chamber (TDC) has called on Congress to pass legislation that would define certain non-fungible tokens (NFTs) as consumer goods and exempt them from federal securities laws. The move follows growing... Read more »
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