Author: Cointelegraph by Vince Quill

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Stablecoins can benefit financial system, Fed governor says

The United States national debt has crossed $35 trillion, with $500 billion added to the government debt in the last two weeks alone. Source link

Forcount ‘Ponzi scheme’ promoter sentenced to 20 years in prison

According to US prosecutors, Juan Tacuri, and his co-conspirators, defrauded investors of $8.4 million in an apparent Ponzi Scheme. Source link

Chevron overturn unlikely to impact SEC's conduct — Ripple CLO

In 2023 alone, the Securities and Exchange Commission filed over 20 lawsuits against firms and individuals in the crypto industry. Source link

'Bitcoin' search volume drops to a yearly low, while 'memecoin' surges

Memecoins experienced double-digit gains during September 2024, primarily driven by new token creation on the Solana and Tron networks. Source link

Former President Trump leads Harris by 10 points — Polymarket

According to Polymarket users, Vice President Kamala Harris is currently favored to win the popular vote by a staggering 72% margin. Source link

Convicted FTX executive Ryan Salame is officially in prison custody

During a recent appearance on Tucker Carlson’s podcast, Salame claimed federal prosecutors unfairly targeted him for political reasons.  Source link

Ripple co-founder donates $1 million in XRP to Harris campaign

According to the latest Polymarket election odds, Kamala Harris has a 45.9% chance of securing the Oval Office in the Nov. 5 presidential election. Source link

Bipartisan support for crypto is ‘fragile’ — Congressman John Curtis

71 Democrats joined their Republican colleagues in a rare bipartisan effort to repeal the SEC’s SAB-121 guidelines earlier this year. Source link

Over 63,000 BTC were sent to exchanges in last 72 hours — CryptoQuant

The recent 50 basis-point interest rate cut by the US Federal Reserve has had a mixed impact on crypto markets. Source link

It’s good that Bitcoin doesn’t have an eccentric founder — Adam Back

The Blockstream founder was favored as the most likely figure to be revealed as Satoshi Nakamoto in the HBO documentary by Polymarket users. Source link