The fee structure revision primarily affects institutional investors and high-volume traders. Stablecoin issuer Circle has raised its fees for redeeming its USD Coin (USDC) for the second time in less than a year. According to an Oct. 29 Bloomberg report, since September, the company has been collecting fees on daily redemptions of at least $2...Continue Reading

Lael Brainard credited Vice President Kamala Harris, who is campaigning to be the next US President, with helping expand “access to capital, credit, and economic opportunity.” The United States Department of the Treasury has released its national strategy for financial inclusion, only including cryptocurrencies as a potential risk for consumers. In an Oct. 29 notice,...Continue Reading

Bitcoin price rallies within $200 of a new all-time high as several fundamentals point to the crypto bull marking picking up pace.  Bitcoin (BTC) price sprinted toward its all-time high at $73,800, and this move differs from recent rallies as several fundamentals suggest that the bull market is shifting into a higher gear.  Here are...Continue Reading

A former IRS special agent and Binance’s head of financial crime compliance, Tigran Gambaryan had been in Nigerian custody with reports of deteriorating health since February. United States President Joe Biden spoke to President Bola Tinubu of Nigeria, offering his appreciation that Binance’s head of financial crime compliance had been released on humanitarian grounds. According...Continue Reading

Miners including Cormint and TeraWulf are among the lowest-cost producers of Bitcoin, an important advantage amid tightening margins, CoinShares said. Bitcoin (BTC) miners are cutting costs and embracing artificial intelligence as the industry continues to grapple with the consequences of the network’s April halving, cryptocurrency asset manager CoinShares said in an Oct. 28 report. The...Continue Reading

Solana price hits $180 as Bitcoin storms toward a new all-time high. Data suggests SOL can go higher. Solana (SOL) trades above $180 again after struggling to recapture the level for nearly 3 months. The month-long, 16.3% gain to $183 comes alongside Bitcoin (BTC) rallying within $1,000 of its all-time high, but does Solana-specific data...Continue Reading

Solayer says anyone can mint the yield-bearing sUSD token with at little as $5 in USDC.  Solayer and OpenEden are launching a yield-bearing stablecoin on Solana (SOL) backed by United States Treasury bills, according to an Oct. 28 announcement. Dubbed sUSD, the stablecoin is the first of numerous tokenized real-world assets (RWAs) Solayer plans to...Continue Reading

Brazil continues to see an increase in crypto activity as digital asset imports reach $1.4 billion in September. Brazil’s digital asset imports reached $1.4 billion in September, a 40% leap from about $1 billion recorded in the same month of 2023, according to data released by the Central Bank of Brazil and local media reports...Continue Reading

Having contributed roughly $12 million to PACs supporting Kamala Harris, Chris Larsen said he hoped to see “bipartisan support and weight” for crypto in government starting in 2025. Chris Larsen, one of the co-founders and chair of payments firm Ripple, who has donated millions of dollars to support Kamala Harris for President of the United...Continue Reading

Hitachi is not a leading light in the Japanese blockchain, but it’s catching up with a comprehensive Web3 development package. Hitachi has introduced a Web3 development solution. The Japanese conglomerate’s Hitachi Solutions subsidiary is prepared to help entities with “one-stop support” for everything from staff training to commercializing a Web3 platform. Hitachi Solutions is offering...Continue Reading