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The Latest Breaking News from Crypto

France Arrests Telegram CEO Pavel Durov – Is This Why Satoshi Nakamoto Retained Anonymity?

Pavel Durov was arrested at a French airport Saturday on allegations related to his alleged failure to prevent criminal activity on Telegram. Now, the crypto community is rallying behind the TON co-founder, and a DeFi lawyer said his case could be a watershed moment in tech platform regulation.

International Business Times

New campaign finance violation case illustrates that the FTX criminal saga may be far from over after DOJ charges crypto lobbyist

The Department of Justice charged crypto lobbyist Michelle Bond with illegally financing her congressional campaign with FTX funds.

Fortune

Kamala Harris Supports Biden's Unrealized Gains Tax, According to Insiders

As the Democratic National Convention approaches day three, Kamala Harris's economic blueprint has leaked a surprise tax on unrealized gains.

International Business Times

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Crypto Corporations Have Spent $119 Million On 2024 Elections, Report Says

Coinbase and Ripple are the biggest donors according to Public Citizen

International Business Times

MAGA Token Tops 55% Rally in Trump Meme Market as Election Odds Favor Republican Presidency

Donald Trump-themed memecoins like MAGA crypto are making a splash after a mid-Kamala Harris speech at the Democratic National Convention.

International Business Times

Unsealed Court Filing Unmasks Crypto Giants That Backed Elon Musk's Twitter Takeover

A journalist, with help from a press nonprofit's lawyers, forced Elon Musk to reveal a list of the people who financially supported the tech magnate's bid to take over Twitter in 2022 – it turns out some of X's shareholders are figures in the crypto space.

International Business Times

Donald Trump Promotes Sons' 'DeFiant Ones' Crypto Project – Biz Family Entering 'Dangerous Territory'?

At a time when crypto is being heard in political circles, the Trumps are moving in with much gusto, announcing a new crypto venture that, while still in the works, some think may be "dangerous territory" for the business veteran family.

International Business Times

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When it comes to crime, crypto is a powerful tool for law enforcement

Coinbase’s chief security officer makes a case for why law enforcement should prefer crypto to cash.

Fortune

Former FTX Exec's Partner Michelle Bond Charged For Campaign Finance Violations

Michelle Bond, largely known for her congressional bid in 2022, has been indicted over charges related to illegal financing of her campaign – she received $400,000 from defunct crypto exchange FTX.

International Business Times

From CEO To Inmate: How A $47M Crypto Scam Brought Down A Kansas Bank And Its Leader

Former Kansas bank CEO Shan Hanes was sentenced to over 24 years for embezzling $47 million, which led to the bank's collapse.

International Business Times UK

Latest MtGox Transfers Mark The Beginning Of The End Of Bitcoin's Darkest Days

MtGox is nearing the end of its creditor repayments more than a decade after it collapsed, and some industry experts believe that Bitcoin may already have started recovering after it weathered various storms for several months.

International Business Times

PayPal partners with crypto platform Anchorage Digital to offer stablecoin rewards—despite murky legal rules

As the crypto industry fights for clarity on stablecoin oversight, Anchorage insists that its novel program operates outside the jurisdiction of the SEC.

Fortune

Arch wants to rebuild trust in crypto lending with $5 million in funding and a $70 million debt facility backed by Galaxy

After the collapse of crypto lending firms like BlockFi and Genesis, Arch is trying to revive the sector.

Fortune

EXCLUSIVE: Towards $1B Through AI – The Future Of Crypto Compliance With AMLBot Co-Founder

Crypto compliance remains a major topic in the industry as threat actors evolve along with security measures – will the rise of AI and AML tools finally be the answer to strengthening crypto's backbone in preventing illicit activities?

International Business Times

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International Business Times

Harris To Support Crypto Growth Policies: Top Aide's Statement Divides Community Anew

A top Harris campaign aide said the vice president will support policies for crypto growth, and his statement is at center of discussions in the community, with some believing the Democratic presidential candidate is ready for change, while others believe she has to directly speak about her views to be…

International Business Times

McDonald's Instagram Hack: Exploiters Stole $700K After Shilling Fake Grimace Token

McDonald's Instagram account was targeted by hackers who promoted a fake Grimace-themed token – the exploiters also changed the account's bio to claim that investors were "rug pulled."

International Business Times

BlackRock's Crypto Domination Road – Ethereum ETF $ETHA Hits $1B In Cumulative Net Inflows

BlackRock has solidified its position as the king of crypto ETFs after its Ethereum ETF became the first among U.S. $ETH ETFs to reach $1 billion in cumulative net inflows since launching in July.

The Times of India

Binance hiring 1,000 as compliance spending tops $200 million

Binance Holdings Ltd is hiring 1,000 people this year with many earmarked for compliance roles as the crypto exchange’s annual spending to meet regulatory requirements, including US oversight under a plea deal, tops $200 million.

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International Business Times

3 Trump-Themed Memecoins Defy Gravity Amid Wider PolitiFi Token Slump

Despite the broad decline in PolitiFi memecoins in the past week, three Trump-themed tokens have escaped the beating, with one memecoin seeing a four-digit increase.

International Business Times

Trump Reclaims Polymarket Lead – Will RFK Jr. Join Hands With Ex-President?

Trump is back on top of Polymarket's event contract predicting which presidential candidate will win in November as Harris continues to retain silence over her views on digital assets.

Fortune

A Goldman Sachs and BlackRock vet is now CEO of crypto giant Grayscale. Is he up to the job?

After winning a legal battle against the SEC for Bitcoin ETFs, the asset manager Grayscale is facing an exodus of investor capital.

International Business Times

Ripple Holders: Is XRP Heading for A New All-Time High This Week?

Speculation is rife about an imminent and massive breakout for XRP price, as Ripple crypto stays the 7th largest crypto asset by market cap.

International Business Times

Aave is On Verge of Titanic Breakout As Volumes Surge into Altcoins

Aave (AAVE) is lighting up the crypto radar, skyrocketing 7.74% in just 24 hours to hit $119.51. This isn't a one-off—it's been on a week-long bender...

AVNetwork

The Home of the Los Angeles Lakers, Kings, and Sparks Gets New Scoreboard

Crypto.com Arena brings big center-hung scoreboard upgrade to games, concerts and other special events.

International Business Times

Gary Gensler As Treasury Secretary? Crypto Community United In Pushback Against Idea

The crypto community has been divided by Polymarket results, and crypto users have been divided by digital coin rivalries, but this time, they are united against the idea of SEC Chair Gary Gensler taking the reins of the Treasury Department should VP Kamala Harris win in November.

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