Author: WebDesk

Join Our Telegram channel to stay up to date on breaking news coverage Coinbase has hit back at Senator Chris Murphy after he accused the crypto exchange of buying Trump’s political favor. Murphy alleged on X that Coinbase pumped $46 million into election efforts to “help Trump allies,” sent Trump “a huge check for his inauguration,” and helped fund the renovation of a White House ballroom, claiming the SEC later dropped its lawsuit against the firm in return. Here’s an example of how Trump’s corruption factory works. 1. Coinbase put $46M into elections to help Trump allies. 2. Sends him…

FTX founder Sam Bankman-Fried has disclosed that the crypto exchange was never insolvent, as it has always had more than enough to repay all former customers.  A report shared by SBF suggests that the company was on the verge of addressing its liquidity issues until external counsel took over.  In a previous news brief, CNF disclosed that the founder of crypto exchange FTX, Sam Bankman-Fried (SBF), has been sentenced to 25 years in prison. According to that report, SBF was found guilty of two counts of wire fraud, two counts of conspiracy to commit wire fraud, one count of conspiracy…

What to Know: Pump.fun and Virtuals Protocol have seen sharp declines, losing nearly 20% and 15%, respectively, in recent sell-off. Despite the dip, charts suggest both tokens are merely consolidating, with long-term bullishness still firmly intact. For investors seeking early opportunities, the best crypto presales like $BEST, $PEPENODE, and $RTX could offer explosive growth. The latest Federal Reserve rate cut triggered a major crypto sell-off. Much of the shift is due to Powell remarking that a December rate cut is far from likely. The downward trend has now well and truly seeped into hype-driven tokens, which are often the biggest…

Join Our Telegram channel to stay up to date on breaking news coverage A document posted on Sam Bankman-Fried’s X account claims the defunct FTX crypto exchange was never insolvent and that its lawyers’ decision to place it into bankruptcy cost investors $66 billion. The document, which says it was written by Bankman-Fried and his team, argues that the exchange faced only a temporary liquidity crunch that was “on track to be resolved by the end of the month” before outside counsel intervened. It accuses Sullivan & Cromwell and former FTX executives of coordinating to seize control of the company. The…

Ripple’s London office expansion marks a pivotal moment for institutional crypto adoption. The blockchain payments company is finalizing plans to lease approximately 90,000 square feet at One Leadenhall, a prestigious skyscraper in London’s financial district. With annual rent exceeding £10 million, this Ripple London office move positions the firm directly beside the Bank of England, signaling serious intentions to capture institutional demand and boost crypto trading volume.Ripple London Office Boosts Institutional Demand And Crypto Trading VolumeRipple XRP coin London – Source: CryptoslateStrategic Location Targets Financial InstitutionsRipple CEO Brad Garlinghouse Source: BloombergThe new Ripple London office occupies the upper floors of…

When looking for a better cryptocurrency exchange and want to compare MEXC vs BingX, your ultimate choice depends on your needs.  For example, you will choose MEXC if you prioritize low trading fees and access to a wide range of crypto assets, including altcoins. On the other hand, if you enjoy copy and social trading, BingX will be your choice. Our guide will delve into the similarities and differences between BingX vs MEXC to help you decide the better exchange.  MEXC vs BingX: Overview ComparisonFeatureMEXCBingXYear Founded and founder2018, Sheen Xin Hu, Aaron Wagener, and Piotr Brzezinski2018, Josh LuHeadquartersSeychellesSingaporeIdeal forAdvanced tradersBeginners and…

Join Our Telegram channel to stay up to date on breaking news coverage Strategy shares soared almost 6% in after-hours trading after the Bitcoin treasury firm’s third-quarter results topped analyst forecasts and Michael Saylor said it’s unlikely to buy smaller rivals. The company reported diluted earnings per share of $8.42 for the three months ended Sept. 30, above Wall Street’s estimate of $8.15. Revenue reached $2.8 billion, rebounding from a $340.2 million loss a year earlier but well below its record $10 billion profit in the previous quarter. Despite the stronger results, Strategy’s stock remains under pressure, down more than…

Conexus, a payment‑processing company, is in the early development stages of a system to integrate stablecoins and bitcoin into Venezuela’s banking network. Rodolfo Gasparri, president of Conexus, said that current stablecoin adoption as a hedge against devaluation is driving the initiative. Venezuelan System to Integrate Bitcoin, Stablecoins Into Banking Network The Facts: A system that […] Credit: Source link

Amazon Games, a renowned game development and publishing studio associated with the global e-commerce and technology company Amazon, in partnership with Yuga Labs, the team behind the ‘Otherside’ metaverse ecosystem, has launched its highly anticipated ‘Boximus’ non-fungible token collection. Unlike the expectations of many NFT traders, the Boximus NFT collection has sold out in under 24 hours. Otherside x Amazon’s Boximus NFT Sold Out In Hours On October 30, Yuga Labs and Amazon launched their highly anticipated Boximus non-fungible token collection. The Boximus NFT collection was launched on ApeChain, a Layer-3 blockchain built on Arbitrum Orbit, which serves as a…

Jessie A Ellis Oct 31, 2025 08:27 The Hong Kong Academy of Finance completed a field trip to Riyadh, Saudi Arabia, to foster financial collaboration and gain insights into Saudi Arabia’s financial ecosystem. The Hong Kong Academy of Finance (AoF) has concluded a successful field trip to Riyadh, Saudi Arabia, as part of its Financial Leaders Programme (FLP). The visit, held from October 20 to 23, 2025, was attended by 35 participants, including members of the 2025 cohort and 12 alumni, according to the Hong Kong Monetary Authority [source]. Objective of the Trip…