Senate’s top Democratic investigator looking into Tether payments to Bo Hines’ firm

Spokespeople for Tether didn’t immediately respond to requests for comment. CoinDesk had been first to report earlier that Hines’ company — which had little track record or experience in politics — was making millions of dollars as the main campaign-advertising provider for a political action committee associated with Tether. Hines’ family firm, Nxum, has recently…

Irish cenbank fines Coinbase arm $3.6M for oversight, safeguard failures

According to the Central Bank of Ireland, Coinbase Ireland had agreed with the facts around the enforcement action and will be subject to fines and sanctions upon approval by a high court. Source link

Crypto is making a splash in U.S. elections — but chiefly in jabs about industry influence

Many Democrats, including Warner, are insisting that the crypto industry belongs in the conversation about Trump administration corruption. “We are getting peppered on a weekly basis on the latest way the president is trying to profit off of this,” said Will Ragland, vice president of research in the advocacy department at the Center for American…

Starknet Voters Back Post-Quantum L1 Research

Starknet’s community has voted to support research into becoming an independent, post-quantum layer-1 blockchain. The network’s potential departure from Ethereum gained overwhelming support. The governance vote that ran for seven days closed on Thursday. The poll drew about 3,200 votes, with 93.52% of voting power in favor of the transition. The non-binding poll recorded the…

Opinion꞉ The UK Needs a Workable Route to Regulated DeFi Access

Opinion by Katie Harries, head of policy, Europe, Coinbase The United Kingdom is approaching a choice that could define its financial future: should decentralized finance (DeFi) be allowed to develop through regulated gateways or will it be constrained to a silo? This is not just relevant to crypto enthusiasts; it goes to the future of…

White House Roundtable Focuses on Fighting Cybercrime

US President Donald Trump hosted a roundtable at the White House on cybercrime, even as he and members of his administration face scrutiny from lawmakers and voters over accusations that they used their positions to enrich themselves with digital assets.  Speaking at the roundtable event on Wednesday, Trump said “countless” Americans lost more than $20…

Bitcoin (BTC) ETFs take in $1 billion in 3 days. What next?

The second ran from Aug. 5 to Dec. 17, 2024. Bitcoin gained 96%, from about $54,100 to $106,100. Daily inflows averaged $202 million, with 16 days of $500 million or more and three of $1 billion or more. In the third, from Apr. 6 to Jul. 14, 2025, bitcoin rose 53%, from about $78,400 to…

Zcash Rallies 12% as NU7 Mainnet Upgrade Nears

Zcash (ZEC) surged about 12% over the past 24 hours, as developers agreed on a mainnet activation block for the network’s NU7 upgrade, expected in early November. The token traded around $1,270 at last look on Wednesday, according to CoinGecko. The rally coincided with a Tuesday GitHub proposal by Zcash developer Sean Bowe setting the…

Banking Groups Push Back on OCC’s Finalized GENIUS Rules on Stablecoin Yield

A lobbying group for US banks has weighed in on the Office of the Comptroller of the Currency’s (OCC’s) recently finalized rules on payment stablecoin issuance and custody, arguing that the regulator’s interpretation went against Congress’ intent. In a Wednesday notice, the American Bankers Association (ABA) said that while the OCC’s final rules implementing the…

PancakeSwap TVL Jumps $380M as Fee Overhaul Goes to Vote

Decentralized exchange PancakeSwap’s total value locked (TVL) grew nearly 19% over the past week, adding about $380 million as the protocol moves toward a major overhaul of how it distributes trading fees to liquidity providers.  According to DefiLlama, PancakeSwap’s TVL climbed to $2.4 billion on Wednesday, up from about $2.02 billion on Oct. 14. The…