Scheduled to be sentenced on the afternoon of Oct. 30, former FTX engineering director Nishad Singh has submitted an 11th-hour letter from the company’s current CEO, who said he would provide “further assistance and cooperation” in the firm’s bankruptcy case.

Cointelegraph

FTX CEO hints Nishad Singh should remain free to assist bankruptcy case

Potentially facing years in prison, former FTX engineering director Nishad Singh submitted a final letter to the court from John Ray before his sen...

With United States Election Day less than a week away and many voters already going to the polls, social media is rife with misinformation about candidates’ policies. MicroStrategy executive chair Michael Saylor seems to have fallen for a social media post containing misinformation about Donald Trump’s position on taxing crypto.

Cointelegraph

Michael Saylor posts fake quote from Trump on crypto to 3.6M followers

The executive chair of MicroStrategy seemed to fall for misinformation about how the Republican presidential candidate would handle taxing cryptocu...

Cryptocurrency exchange Kraken has declared “a new day,” with the appointment of new co-CEO Arjun Sethi and a managerial shakeup. There is also an unconfirmed report that 15% of the staff has been laid off.

Cointelegraph

Kraken restructures with new co-CEO, layoffs reported

Kraken announces Arjun Sethi as new co-CEO alongside David Ripley, with a reported 15% staff layoff and major restructuring to streamline operations.

Stablecoins seem to be increasing demand for short-term United States government bonds known as Treasury bills, according to US Department of the Treasury meeting minutes published Oct. 30.

Cointelegraph

Stablecoins boosting demand for US T-bills: Treasury Dept

The United States Treasury Department is taking an interest in tokenization and stablecoins, which the agency says may be increasing demand for US ...

Despite crypto prediction markets platform Polymarket being on the “center stage” as the United States presidential election approaches, its founder claims that it has no intention of being recognized as a political website.

ECB paper claims older Bitcoin holders are exploiting new holders

Trump says he would veto a federal abortion ban if elected again

Bitcoin tanks, gold rebounds as Israel vows Iran 'will pay' for attack

let's spread the gospel of Bitcoin 😉🔥 — This is a comment on: https://yakihonne.com/flash-news/

Bitcoin network hashrate reaches new all-time high The Bitcoin network hashrate—the sum total computing power securing the Bitcoin network—reached a new all-time high on Sept. 1, 2024, clocking in at over 742 exahashes per second (EH/s).

SEC charges fund adviser Galois Capital for FTX crypto custody According to a Sept. 3 announcement, the United States Securities and Exchange Commission (SEC) has charged fund adviser Galois Capital Management with failing to properly custody client assets, including holding investor funds with the now-defunct cryptocurrency exchange FTX.

FBI warns of North Korean ’social engineering’ schemes to steal crypto The United States Federal Bureau of Investigation (FBI) has issued a warning to employees at digital asset firms regarding the latest attempt by North Korea to steal crypto.

Coinbase CLO says he’s ‘encouraged’ by Harris campaign reaching out Paul Grewal, chief legal officer at cryptocurrency exchange Coinbase, said that despite the different approaches that major party candidates are taking in the United States 2024 presidential election, he was encouraged by the Democratic ticket.

Penpie protocol exploited, suffers $27M loss The Penpie protocol—an independent decentralized finance protocol built atop Pendle—suffered an exploit on Sept. 3, 2024, and was drained of $27 million in client funds at the time of this writing.

Bitcoin demand sharply declining since April — CryptoQuant Demand for Bitcoin has been in a downtrend since April, approaching negative levels over the past few weeks.

Harris campaign’s crypto ‘reset’ questioned amid Fed crackdown The enforcement action taken by the United States Federal Reserve against the crypto-friendly Customers Bank has sparked speculation that Vice President Kamala Harris’ presidential campaign may not be genuine in its efforts to mend relations with the cryptocurrency industry.

Clintons privately urge donors to keep giving to Biden as long as he remains presumptive nominee: Former President Bill Clinton and former Secretary of State Hillary Clinton have been privately encouraging donors in recent weeks to continue financially supporting President Joe Biden’s campaign, according to two sources familiar, in the aftermath of Biden’s disastrous debate performance that has sent the Democratic Party spiraling into chaos.

Donald Trump vows to end Joe Biden’s ‘war on crypto’ Former United States President Donald Trump has promised to end President Joe Biden’s “war on crypto” if elected. “I will end Joe Biden’s war on crypto, and we will ensure that the future of crypto and the future of Bitcoin will be made in America; we’re going to keep it right here, and a lot of it is going to be done right here in Florida,” Trump said during a special address in West Palm Beach, Florida. The event was held on June 14, the day he turned 78 years old.

New law grants US president power to block digital asset access: A new U.S. law grants the president unprecedented authority to block access to digital assets, sparking significant concerns about its broad implications and potential impact on users.