Category: crypto

Kadan Stadelmann, CTO of Komodo Blockchain, discusses Trump’s rising odds of winning the US presidency over Kamala Harris. Despite Harris incorporating crypto into her campaign, Trump could court votes from the Bitcoin community by revealing plans to acquire Bitcoin to pay off national debt. Trump should introduce a clear Bitcoin policy.

The Department of Justice has indicted Aleksei Andriunin, founder of Gotbit, on wire fraud and market manipulation charges. Gotbit allegedly used wash trading to artificially inflate crypto trading volumes, targeting memecoin investors through pump and dump schemes. Andriunin faces up to 20 years in prison if convicted.

Researchers from Exponential Science and University College London warn that Bitcoin mining bans could unintentionally increase carbon emissions by up to 2.5 million tonnes annually. Bans in countries with renewable energy sources could lead to higher emissions, while bans in countries with carbon-intensive energy sources could reduce emissions. The researchers advocate for a more nuanced…

The Bank for International Settlements (BIS) has withdrawn from Project mBridge, a central bank digital currency initiative aimed at simplifying cross-border payments. Concerns over potential misuse by certain nations to evade sanctions have led to the BIS’s departure. The organization continues to pursue broader digital finance initiatives, including its vision for a “Finternet” and Project…

VanEck’s Matthew Sigel criticized the US Treasury Department’s anti-stablecoin stance, based on outdated academic views. He argued that historical analysis promoting private money instability is misleading, citing successful examples from other countries. Sigel called for a broader, global perspective on stablecoins and urged US regulators to consider international experiences.

Vice President Kamala Harris has overtaken former President Donald Trump’s odds of winning in Michigan and Wisconsin on prediction market Polymarket. If Harris wins these swing states, Pennsylvania will be the deciding factor in the US presidential election. Despite Harris’ odds improving, Trump still leads overall. Polymarket is breaking records amid the heated election.

Strive Enterprises, founded by Vivek Ramaswamy, launched a new wealth management division incorporating Bitcoin into client portfolios to hedge against economic risks. The firm relocated its headquarters to Texas with backing from a $30 million financing round. Ramaswamy supports Bitcoin as a tool for financial resilience and advocates for pro-capitalism investing.

21Shares has applied for a spot XRP exchange-traded fund (ETF) with the SEC, following the success of its Bitcoin and Ethereum ETFs. The Core XRP Trust aims to track the price of XRP without using leverage or derivatives. Despite legal hurdles, other asset managers are also pursuing spot XRP ETF approvals.

Craig Wright, not Satoshi, faced a contempt application from COPA in court. The judge set the hearing for Dec. 18, discussing Wright’s appearance and potential cross-examination. Wright objected to a stay in the claim against Square Up but eventually agreed. He cited his autism spectrum disorder for wanting to participate remotely from Singapore during the…

UBS Asset Management has launched its first tokenized fund on the Ethereum blockchain called “uMINT” to provide clients with an innovative investment solution. This initiative aligns with the growing investor interest in tokenized assets. UBS’s broader “UBS Tokenize” initiative aims to expand offerings like fund issuance and distribution using blockchain technology.