The Fed's rate cut may signal a shift towards more politically influenced monetary policy, impacting market dynamics and economic growth strategies.
The post Fed cuts rates by 25 basis points, pushing Bitcoin to a new all-time high of $76.7K appeared first on Crypto Briefing.
Caroline Ellison has been free on bail since her guilty plea in 2022, testifying at Sam Bankman-Fried’s criminal trial and subject to intense scrutiny by the media.
Former Alameda Research CEO Caroline Ellison is expected to report to prison on Nov. 7 to serve her two-year sentence for her role in crimes at cryptocurrency exchange FTX.
At the time of publication, the Federal Bureau of Prisons (BOP) website stated Ellison was not in custody but provided an inmate number and her age, race and sex. On Sept. 24, Judge Lewis Kaplan of the United States District Court for the Southern District of New York sentenced Ellison to two years in prison, where she is expected to surrender no earlier than Nov. 7.
Source: Federal Bureau of Prisons
Wang's collaboration with the government could enhance regulatory oversight and deter future crypto exchange fraud, impacting the industry's trust.
The post FTX CTO helps US government build crypto exchange fraud detection tools in bid to avoid prison appeared first on Crypto Briefing.
Caroline Ellison starts her 2-year prison sentence related to FTX fraud, following her cooperation leading to Sam Bankman-Fried's conviction.
The post FTX fraudster Caroline Ellison starts her 2-year prison term in Connecticut appeared first on Crypto Briefing.
A potential leadership change at the SEC could significantly alter the regulatory landscape for cryptocurrencies, impacting industry compliance.
The post Commissioner Mark Uyeda favored as next SEC chair appeared first on Crypto Briefing.
Changpeng Zhao moves on from Binance leadership, sharing insights on his passive role, company transitions, and new investment pursuits.
The post CZ says he’s fully detached from Binance operations: ‘I’m just a regular shareholder now’ appeared first on Crypto Briefing.
A ban on Polymarket in France could set a precedent for stricter global regulations on crypto-based prediction markets, impacting their growth.
The post Polymarket faces potential ban in France amid gambling concerns appeared first on Crypto Briefing.
Polymarket predicts a 99% likelihood of Republican control in the House, with the GOP securing a US Senate majority.
The post Polymarket predicts a 99% chance of Republican control of the House appeared first on Crypto Briefing.
Though Republicans won the US Presidency and a majority in the Senate, it’s still unclear if Democrats will win enough seats to flip the House of Representatives.
Republicans could notch a trifecta in the 2024 United States elections after Donald Trump won enough Electoral College votes to secure the presidency, and the party flipped three seats to gain a majority in the Senate, but control of the House of Representatives was still up for grabs.
As of Nov. 6, the Associated Press had called 181 seats for Democrats and 199 for Republicans in the House, with the results of 55 races yet to be announced. Whichever party controls the House of Representatives will significantly impact the chamber’s legislative agenda for oversight and passing bills.
Under a Republican majority, the House passed the Financial Innovation and Technology for the 21st Century Act (FIT21), the CBDC Anti-Surveillance State Act and the Financial Technology Protection Act. The bills could move to the Democratic-controlled Senate before a new Congress is sworn in on Jan. 3 or the new Republican-controlled chamber in 2025.
Ripple CEO's call for Gensler's removal highlights ongoing tensions in crypto regulation, potentially impacting future policy and market dynamics.
The post Ripple CEO urges Trump to fire Gary Gensler on day one of presidency appeared first on Crypto Briefing.
