#cryptocurrency

In an interview with DLNews, Arthur Hayes, co-founder of BitMEX, stated that both Trump and Harris' administrations will continue to print money. Hayes believes this will drive cryptocurrency prices up, although the journey might be volatile.

U.S. Democratic presidential candidate Kamala Harris hired two new advisors linked to the cryptocurrency industry: David Plouffe and Brian Nelson. However, their approaches and views on digital assets, as well as their previous work experiences, differ significantly.

A U.S. court has convicted Chinese businessman Miles Guo (real name Guo Wengui) of racketeering conspiracy and a $1 billion fraud. Simultaneously, the U.S. Securities and Exchange Commission (SEC) has also charged him with cryptocurrency fraud linked to his H-Coin project, which raised about $500 million.

Since early July, the German government has liquidated half of its Bitcoin holdings, amounting to about $1.5 billion. This massive sell-off introduced significant downward pressure on the cryptocurrency market.

Security company SlowMist has analyzed reports of stolen cryptocurrency assets for the second quarter of 2024, which were collected through the MistTrack platform. This analysis only considered hack reports submitted via the official form, identifying three primary attack methods: theft of private keys, the use of fake crypto wallets, and phishing.

Fred Ehrsam, a co-founder of the cryptocurrency exchange Coinbase, teamed up with Quintin Frerichs to establish a new company called Nudge. This venture is set to develop an ultrasonic headset aimed at enhancing people’s daily lives. It will enable users to boost focus or go to sleep with just the press of a button.

Federal Judge Katherine Polk Failla has advised the cryptocurrency exchange Coinbase not to seek access to the personal correspondence of SEC Chairman Gary Gensler, particularly those messages sent before his appointment. She characterized the request as inappropriate but allowed formal proceedings to begin.

Polychain Capital has accused its former general partner, Niraj Pant, of secretly arranging a deal with cryptocurrency project Eclipse Labs, where he received tokens without informing the company. According to internal documents from Eclipse, Pant was allocated 5% of the tokens shortly after he recommended that Polychain invest in the project.