Trump Media is reportedly in advanced talks to acquire cryptocurrency firm Bakkt in an all-stock deal, sending Bakkt's shares soaring by 163%. Despite its high valuation, Trump Media faces financial challenges but aims to expand into the competitive crypto market.
WeatherlyProsecutors seek to seize Tornado Cash co-founder Roman Storm's assets as his trial, delayed to April, looms. Storm is raising funds for his defence, while crypto privacy advocates criticise the case as an attack on privacy technologies.
CatherineGemini has launched in France after securing its VASP registration, allowing users to trade over 70 cryptocurrencies with local payment methods. The move aligns with the growing crypto interest in France, supported by a favourable regulatory environment and the upcoming EU MiCA regulations.
AnaisNepal's cryptocurrency ban has led to an increase in fraud, with criminals using digital assets to launder money and exploit victims through online scams. The government's legal restrictions have made it difficult for victims to report fraud, further complicating efforts to tackle the issue.
WeatherlyThe Trump transition team is considering Teresa Goody Guillén, a BakerHostetler partner and blockchain expert, for SEC chair, following a meeting with Coinbase CEO Brian Armstrong. A decision on Gary Gensler's successor is expected before Thanksgiving.
CatherineOf the five indicted in the FTX case, three are in prison, one received time served, and now focus shifts to co-founder Gary Wang. Set for sentencing on 20 November, will he face a harsh penalty or leniency?
KikyoThe crypto industry is gaining momentum in Washington, with key figures like Donald Trump and Coinbase CEO Brian Armstrong advocating for pro-crypto policies. Trump’s recent moves, including the Bakkt acquisition and potential SEC leadership changes, signal a shift towards greater crypto influence in U.S. politics.
AnaisThe Catholic Church's anime-inspired mascot has sparked the creation of a popular meme coin, Luce. After a significant price surge following its futures listing on Bybit, the token, launched just three weeks ago, has rapidly gained attention among crypto enthusiasts.
CatherineDonald Trump's sentencing in the hush money case has been delayed, potentially for years, due to legal motions and his presidency. His legal team argues for immunity, while the Manhattan DA insists the conviction should stand despite political challenges.
WeatherlyMichael Saylor plans to present a Bitcoin investment strategy to Microsoft’s board ahead of a key vote on 10 December. The proposal, backed by shareholder activism, suggests Microsoft consider Bitcoin as a potential investment, citing MicroStrategy's success with the asset.
Anais