Eric Adams, the former mayor of New York, has announced the launch of the #NYC token, aiming to combat anti-Semitism and anti-American sentiments. The token's market capitalization initially rose to nearly $600 million before declining more than 80%. Researchers have indicated significant liquidity drainage and described the project as highly centralized.

U.S. Senators introduce bill to exempt blockchain developers and service providers not handling user funds from remittance regulations. cointelegraph #regulation

SEC Chairman Paul Atkins stated, "This week is significant for cryptocurrencies," emphasizing that clarifying the regulatory status of cryptocurrency markets remains the top priority. He also noted that it is "still uncertain" whether the United States will seize Bitcoin from Venezuela. Source

SEC Chairman Paul Atkins stated that "this week is significant for cryptocurrencies," highlighting the importance of clarifying the regulatory framework for digital asset markets. He also noted that it remains uncertain whether the United States will seize Bitcoin holdings from Venezuela. Source

Senator Elizabeth Warren has sent a letter to the SEC, expressing concern that including cryptocurrencies in 401(k) retirement plans could result in substantial financial losses for investors.

The Commodity Futures Trading Commission (CFTC) has established an innovation committee to develop regulatory frameworks for cryptocurrencies and artificial intelligence. cointelegraph

The U.S. Senate has introduced legislation to establish a regulatory framework for the cryptocurrency industry.

The U.S. Senate has introduced legislation outlining a new framework for the cryptocurrency industry.

Meta to Cut 10% of Metaverse Team Amid Shift Toward AI Development

Yesterday, spot Bitcoin ETFs saw net inflows of approximately $116.7 million, while spot Ether ETFs recorded inflows of around $5.1 million.

Yesterday, the total net inflow for spot Bitcoin ETFs was approximately $116.7 million. Total net inflows for spot Ethereum ETFs reached around $5.1 million.

Monero (XMR) has increased by 44% over the past eight days, reaching a record high of $608, according to Santiment. Investors are advised to consider waiting for market enthusiasm and FOMO to diminish before making further moves.

Monero (XMR) has surged 44% over the past eight days, reaching a new all-time high of $608, according to Santiment. Investors are advised to exercise caution, as market emotions such as FOMO and investor excitement remain elevated.

KRAK Acquisition Corp, a newly formed special purpose acquisition company backed by a subsidiary of Kraken, is planning to raise $250 million through an initial public offering on the Nasdaq.

Bitmine has staked an additional 154,208 ETH, valued at approximately $478.77 million, bringing its total ETH stake to 1,344,224 ETH, or roughly $4.17 billion. Over the past 10 hours, PumpFun generated $148.48 million in stablecoins on Kraken. Since October 15, PumpFun has accumulated $844.8 million in stablecoins on the platform. During the same period, $1.35 billion in USDC was transferred from Kraken to Circle via the wallet DTQK7G.

The ORCA Board of Governors has announced an increase in the programmatic redemption of ORCA rewards, which will now be credited to the xORCA smart contract for liquid staking. The redemption rate has been raised from 20% to 40% of the protocol fee revenue generated by the autonomous Orca smart contract.

Fitch Ratings has classified Bitcoin-backed securities as having a "high market capitalization risk."

Fitch Ratings has classified Bitcoin-backed securities as having a "high market capitalization risk." cointelegraph

A court has issued a temporary injunction preventing the state of Tennessee from taking any measures against Kalshi. cointelegraph

Performance analysis of the latest Binance Seed Tag projects.

The newly proposed Senate CLARITY Act would permit stablecoin rewards based on activity. cointelegraph

Earlier: Coinbase is open to re-evaluating its support for the CLARITY Act if it restricts stablecoin issuers from providing rewards.