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The Latest Breaking News from Crypto

‘Pattern matching’ is venture capitalists’ favorite tool—and their biggest blindspot

How an alleged crypto charlatan called Diamondhands took in the likes of a16z and Sequoia.

Fortune

Will Tether Finally Meet Its Rival? Robinhood Reportedly Explores Stablecoin Offering

Robinhood, a fintech giant that has a crypto arm, is reportedly looking at possibly issuing its own stablecoin. If true, Tether may find itself in an arms race toward dominance against a fintech titan that's established itself in the financial realm for over a decade.

International Business Times

$KAMA, $TRUMP Lead PolitiFi Tokens Surge Amid Tight Polymarket Race

Many politics-themed memecoins have been surging overnight as the race between VP Kamala Harris and ex-President Donald Trump heat up on Polymarket, where crypto users gather to bet on who they think will be the 47th president of the United States.

International Business Times

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Bitcoin Hits $65K – Why Is $BTC Up Today?

Bitcoin has had a rough few weeks following two market bloodbaths last month, but this week has been good for the digital currency, allowing the crypto coin to pass the $65,000-mark late on Thursday.

International Business Times

Bull Run Next? Crypto Community Prepares To Welcome Binance's CZ From Prison

The crypto community is preparing to receive Binance co-founder Changpeng Zhao back to the digital assets space as he is set to be released from prison on Sunday.

International Business Times

Evolving Position Or Damage Control? Gary Gensler Affirms Bitcoin Is Not A Security

The cryptocurrency industry has long been under scrutiny by Gary Gensler, but on Thursday, he affirmed that Bitcoin is a commodity – is he "warming up" to the digital currency?

International Business Times

US To Charge Russian Men In Billion-Dollar Money-Laundering Scheme

US prosecutors target Russian cybercriminals for money laundering and illicit crypto activities, coinciding with Ukraine seeking US support against Russian...

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Coinbase CEO and others blast Bill Maher for ‘grossly wrong’ take on crypto’s environmental impact

A community note on X called his claims “factually incorrect."

Fortune

Crypto Advocate Mark Cuban Eyes Replacing Gary Gensler As SEC Chair

Billionaire and Shark Tank investor Mark Cuban has seen his fair share of huge roles in the corporate world – now he wants a top position at what could be the most contentious agency for the crypto industry.

International Business Times

'Bitcoin Is Speech' – Paper Presents 'Powerful' Arguments On $BTC's Protection Under First Amendment

Bitcoin has been called many things – the future of money, the King of the crypto market, and revolutionary money – but this time, it's been called "speech," and the arguments are quite strong.

International Business Times

PayPal Business Accounts Can Now Use Crypto, Expanding Utility For Millions Of Merchants

PayPal has announced that merchant accounts will also now be able to buy, hold, and sell cryptocurrencies as the digital payments platform has seen increased interest among business owners to utilize crypto.

International Business Times

The Evolution of Lending: How Crypto Loans Are Changing the Game

Explore how crypto loans are transforming lending by leveraging Bitcoin and Ethereum assets. Discover the benefits, including accessibility and competitive rates, and understand the challenges in this evolving financial landscape.

inkl

'A New Way Forward': Harris-Walz Economic Plan Includes Digital Assets

Democratic frontrunners Kamala Harris and Tim Walz have unveiled their economic playbook, and it mentions digital assets as among the innovative technologies that a Harris-Walz government wants to support, but many crypto users remain doubtful.

International Business Times

Crypto Pokies: The Future of Online Gambling in Australia

Australia has a long-standing love affair with pokies, with these slot machines taking pride of place in pubs, clubs, and casinos across the country. However, the gambling landscape is changing fast, and digital innovation is at the forefront of this transformation.

inkl

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International Business Times

How To Buy Bitcoin Using Exodus: Simplified Steps For First-Time Crypto Buyers

How to buy Bitcoin and other cryptocurrencies with Exodus Wallet is a smooth and straightforward process, whether using the mobile app, desktop, or browser extension wallet.

Fortune

How Princeton rower 'Diamondhands' conned Silicon Valley's most famous firm—twice

Andreessen Horowitz is now witness for the prosecution as the Justice Department accuses Bitclout founder Nader Al-Naji of conning venture capital firms.

Top News

Former FTX Executives Sentenced In Cryptocurrency Fraud Case

Former FTX executive sentenced to prison for fraud, aiding in conviction of founder. Case highlights cryptocurrency industry complexities and commitment to...

International Business Times

Key Takeaways From House Grilling Of 'Destructive, Lawless' Gary Gensler

Members of the U.S. House Financial Services Committee on Tuesday criticized SEC Chair Gary Gensler for his leadership that initiated an ongoing three-year crackdown on digital assets.

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news in one place.

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International Business Times

Polymarket Bets On Likely Presidential Winner Pass $1B – $300M Collectively On Trump, Harris

Less than two months into the November elections, Polymarket bets on who will win the presidential race have passed $1 billion, and the numbers keep climbing.

Fortune

Kamala Harris says she will support crypto: Here are 3 steps that would show she's serious

A law professor and digital money expert explains what it will take to persuade a skeptical crypto community that she offers a new path.

International Business Times

Ancient Bitcoin Whale Reactivates, Moves Bitcoin Mined A Month After $BTC Launch

An "OG" Bitcoin whale wallet reawakened and, in recent days, moved its $BTC stash to Kraken. The Bitcoins were mined back in 2009, about a month after the world's largest cryptocurrency by market cap was officially launched.

International Business Times

Stand With Crypto: Where Do Trump, Harris, Other Top Candidates Stand?

The race toward the November elections is drawing near, and as the crypto industry watches the words and actions of candidates in the next critical weeks, some politicians may be a step ahead of the others, at least based on their Stand With Crypto ratings.

International Business Times

2024 Election Trump Vs Harris: Who Will Be Better For Crypto?

Who better to lead the Orange Party after the 2024 election than Donald Trump? I saw Donald live in Nashville for the Bitcoin Conference 2024

International Business Times

Crypto Taxation And Accounting In The USA: Insights From Experity CPA

The IRS treats cryptocurrency as property, not currency, under Notice 2014-21. This classification is pivotal because it means every transaction involving cryptocurrency—whether selling, exchanging, or even making purchases—triggers a taxable event.

Salon

Crypto industry spends big to boost GOP

Moreno is challenging Democratic incumbent Sen. Sherrod Brown in what's considered a must-win race for both parties

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