What Democrats’ US midterm sweep means for the CLARITY Act
The CLARITY Act faces a new test as Democrats control Congress, raising questions over consumer protections, ethics and what the crypto industry may have to concede.
Ueno Digital Bank Crisis Leaves 3 Million Customers Locked Out
Paraguay has been thrown into political and financial turmoil after President Santiago Peña announced his resignation following the collapse of Ueno Digital Bank, a major digital lender that left nearly three million customers unable to access their…
$3.1B in Stolen Binance Crypto Has Yet to Be Laundered: Elliptic
The attackers have used more than 20,000 wallets on 16 blockchains so far, but the bulk of the stolen ETH and Bitcoin hasn't moved.
Nigeria sets new crypto licensing rules, bans algorithmic stablecoins
Nigeria has banned algorithmic stablecoins and introduced reserve requirements for issuers as it expands central bank oversight of crypto payment services.
Ethereum Could Play a Bigger Role in Global Finance by 2029
Ethereum could become an increasingly important part of global finance over the next three years. With major investment firms already using the network for tokenized assets and developers preparing significant upgrades, Ethereum’s role could extend far…
Tesla to Wind Down Cybertruck Production as Elon Musk Pivots to Robotaxis and AI
The Tesla CEO said the Texas plant will make room for the Cybercab, as sales of the stainless-steel pickup run far below capacity.
Bitcoin Holds Critical $76K Level as AI Sell-Off Triggers Market-Wide Panic
Bitcoin holds critical level as it showed early signs of stabilization on Friday after a sharp market-wide sell-off pushed the cryptocurrency toward $75,000. However, the recovery remains fragile, with investors still cautious following heavy losses…
Bitcoin Price Goes Wild Again as US Jobs Report Smashes Expectations
Expectations prior to the release claimed that the monthly growth would be around 59,000 jobs.
US October Nonfarm Payrolls Rise by 165K, Beating 65K Forecast
U.S. nonfarm payrolls rose by 165,000 in October, beating expectations of 65,000, according to the B...
U.S. added 165,000 jobs in October, blowing past 65,000 estimate
The unemployment rate unexpectedly fell to 4.1%. The strong showing surely puts a December rate hike in play, but next week's inflation numbers and the fate of the stock market could prove more important.