Cynthia Lummis, a crypto proponent representing Wyoming in the United States Senate, has called on the U.S. Justice Department to consider charges against crypto exchange Binance following the terrorist group Hamas’ attack on Israel. In an Oct. 26 letter to U.S. Attorney General Merrick Garland, Lummis and Arkansas Representative French Hill urged Justice Department officials to “reach a charging decision […]

Chinese blockchain personality Justin Sun, who also serves as the de facto owner of crypto exchange HTX (formerly Huobi Global), claims that the firm posted a profit of $98 million in Q3 2023. According to the October 26 thread, Sun says that HTX generated a total of $202 million in revenues during the quarter, which was offset by $104 million […]

Blockchain forensic firm Elliptic says there’s “no evidence” that Hamas is receiving a significant volume of cryptocurrency donations to fund its attacks against Israel. “There is no evidence to support the assertion that Hamas has received significant volumes of crypto donations,” Elliptic said in an Oct. 25 statement. The amounts raised “remain tiny,” the firm added. Elliptic’s statement was framed […]

​​Welcome to the latest edition of Cointelegraph’s Nifty Newsletter. Keep reading to stay up-to-date with the latest stories on nonfungible tokens. Every Wednesday, the Nifty Newsletter informs and inspires you to dig deeper into the latest NFT trends and insights. In this week’s newsletter, read about how a nonfungible token (NFT) became a focus point in a Singapore court battle, […]

FTX is carefully considering its future after going through bankruptcy proceedings.  According to a Bloomberg report, during a court hearing in Wilmington, Delaware, Kevin Cofsky, the company’s investment banker from Perella Weinberg Partners, revealed that a decision regarding the company’s direction would be made by mid-December. Additionally, active negotiations are underway with various investors regarding potentially binding offers. Several possibilities […]

The United States Securities and Exchange Commission has fined investment adviser BlackRock Advisors $2.5 million, accusing it of failing to accurately describe investments in the entertainment industry that comprised a significant portion of a publicly traded fund it managed. According to the SEC’s filing, between 2015 and 2019, BlackRock Multi-Sector Income Trust (BIT) made sizeable investments in a print and advertising business […]

In a recent interview, Ron Hammond from the Blockchain Association shed light on the busy crypto-related activities in Washington, D.C. Hammond pointed out two important hearings this week: one involving the Securities and Exchange Commission (SEC) and the other addressing digital assets in general. Speaking to Thinking Crypto, he said that the one central issue concerning several members of Congress […]

Cryptocurrency exchange FTX is actively engaged in discussions with several potential bidders as it aims for a resurgence before the conclusion of 2023, according to a recent report from Bloomberg. This development comes as the former CEO of FTX, Sam Bankman-Fried, faces ongoing legal trials, raising the stakes for the exchange’s future. Before Judgement, FTX’s Revival Plans Sounds Fishy?  FTX […]

Representative Tom Emmer, a staunch advocate for cryptocurrency and digital asset innovation, has thrown his hat into the ring to become the next speaker of the United States House of Representatives.  This move, announced on October 20, has garnered support from various lawmakers, potentially signalling a new era of crypto-friendliness in the highest echelons of American legislative power. The ongoing […]