Polish authorities have arrested the former executive at the request of the US Polish authorities have detained Dmitry V., the former leader of Russia-based cryptocurrency exchange WEX, in Warsaw following a US extradition request. Dmitry V., whose full identity remains undisclosed due to local laws, is accused of involvement in fraud and money laundering linked
POTUS continues to add crypto-friendly advisers and leaders to his ranks President-elect Donald Trump has tapped David Sacks, a former PayPal executive and venture capitalist, as his lead policy adviser for artificial intelligence and cryptocurrency. Announced via Truth Social today, Sacks will take on the role of “White House A.I. & Crypto Czar,” with responsibilities
Paul Atkins could replace Gary Gensler as chairman of the Securities and Exchange Commission President-elect Donald Trump has nominated Paul Atkins, a known advocate for cryptocurrency, to replace Gary Gensler as the next chair of the US Securities and Exchange Commission (SEC). This is one of the first major moves Trump has made regarding crypto
The company claims to be the first cruise line to accept crypto for its operations Virgin Voyages has unveiled its latest innovation in the cruise industry: an Annual Pass program launching in 2025, which will allow customers to pay using cryptocurrency. This makes Virgin Voyages the first cruise line to integrate Bitcoin payments into its
The move will make it even easier for crypto fans to use their funds Coinbase has announced the integration of Apple Pay into its Onramp app services, marking a significant step in simplifying cryptocurrency transactions for users. Starting yesterday, apps utilizing Coinbase’s Onramp services will allow users to log in and make payments directly via
The New York financial regulator is rumored to be accepting of the RLUSD stablecoin The New York Department of Financial Services (NYDFS) is reportedly set to approve Ripple Labs’ RLUSD stablecoin, an overcollateralized dollar-pegged digital currency. Sources suggest the green light from the regulator could come in the first days of December, potentially paving the
The tech giant teamed up with Atom Computing to create the next level of computing Microsoft and Atom Computing have announced a breakthrough in quantum computing that could reshape blockchain mining, particularly in proof-of-work systems. The collaboration has resulted in the development of a quantum computing system with 24 entangled logical qubits, achieved using just
The hack forced the exchange to halt withdrawals as it investigates the situation Cryptocurrency exchange XT.com has halted all withdrawals following a suspected hack that resulted in the theft of $1.7 million in digital assets. The platform, which reports daily trading volumes of approximately $3.4 billion, initially cited “wallet upgrade and maintenance” as the reason
The move would give the SEC less power to manipulate cryptocurrency initiatives President-elect Donald Trump’s administration is reportedly considering shifting the oversight of cryptocurrency exchanges and spot markets for digital assets classified as commodities to the Commodity Futures Trading Commission (CFTC). This potential regulatory change could mark a significant departure from the current approach led
The initiative marks another milestone for Ripple as a financial solution Ripple has introduced a groundbreaking development in the blockchain and financial sectors by launching the first tokenized money market fund on the XRP Ledger. This initiative features asset manager Abrdn’s $4.77 billion US Dollar Liquidity Fund, marking a significant step in bringing real-world assets
NFTs produced $158 million in sales for the third week of November The NFT market continues to show resilience despite slight dips in weekly sales, highlighting sustained interest in digital collectibles. Recent data from CryptoSlam revealed that NFTs generated $158 million in sales during the week ending November 24. While this figure represents a 12.7%
The company has filed for a patent covering several cryptocurrency products President-elect Donald Trump’s media company, Trump Media and Technology Group (TMTG), may be venturing into the cryptocurrency space. A recent trademark application filed on November 18 hints at plans for a digital wallet, cryptocurrency payment processing, and a digital asset trading platform under the
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