Category: Breaking

The colossal campaign spending from the cryptocurrency industry is showing up in dominant fashion in Ohio’s U.S. Senate race, where its political action committees have devoted $40 million to support Republican Bernie Moreno’s opposition of Sen. Sherrod Brown (D-Ohio), the crypto-skeptical chairman of the Senate Banking Committee.

Russian nationals Sergey Ivanov and Timur Shakhmametov have been charged for their involvement in operating money laundering services that catered to cybercriminals using cryptocurrencies, U.S. authorities announced on Thursday.

Bitcoin rose by 3%, trading above $65K with U.S. spot bitcoin ETFs seeing one of their largest inflow days at $365 million,

U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler reiterated his stance that bitcoin is “not a security” but doubled down on his stated position that regulatory clarity exists for the crypto space in an interview with CNBC on Thursday.

TIA has outperformed the CoinDesk 20 Index by a wide margin.

Binance founder Changpeng “CZ” Zhao, could be released on Friday, two days ahead of his scheduled release date of September 29th (Sunday), according to an interpretation of the law.

The U.S. crypto market will “bifurcate from the rest of the world” said Stephan Lutz, CEO of crypto exchange BitMex, in an interview with CoinDesk.

The CELO token has rallied nearly 20% in the past 24 hours.

Reserves for UStb will be invested in BUIDL, which in turn holds U.S. dollars, U.S. Treasury bills, and repurchase agreements.

Guggenheim Treasury Services, a subsidiary of financial services giant Guggenheim Partners, has issued $20 million of tokenized commercial paper on the Ethereum blockchain, its partner, blockchain platform Zeconomy, announced Thursday.