Ripple CEO endorses crypto lawyer in race against Sen. Warren
Brad Garlinghouse and other crypto executives have directly contributed to John Deaton’s Senate run, and Ripple has funded one of the PACs supporting him.
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Bitcoin ETF flows will send BTC price into ' parabolic run,' traders say
BTC price remains steady above $69,000; analysts say increased spot Bitcoin inflows could take the price higher.

Five Russian banks express interest in piloting digital ruble
The first pilots of Russia’s digital currency are expected to launch in H1 2021. A number of financial institutions in Russia have expressed interest in testing the country’s central bank digital currency, or CBDC.According to an Oct. 16 report by local news agency Izvestia, at least five Russian banks are interested in taking part in…

Russian star transfers song rights on blockchain as major labels watch
Russian musician Oleg Kenzov transferred the digital rights to one of his songs through a government-backed blockchain platform. Russian pop singer Oleg Kenzov has completed the first digital rights transfer of a song he wrote using a blockchain platform backed by the government.According to VC.ru, the studio Soyuz reached a licensing agreement deal with music…

UK government targets crypto in latest legislative agenda
The Queen’s Speech for the State Opening of Parliament included bills supporting “the safe adoption of cryptocurrencies" as well as the authority to "seize and recover crypto assets.” 1063 Total views 6 Total shares The United Kingdom has introduced two bills, both concerning the seizure of and support for cryptocurrencies as part of Prince Charles'…

Coinbase stock looks to find its footing at $350 following explosive open
COIN stock has surged after debuting on the Nasdaq exchange Wednesday. 5539 Total views 16 Total shares Shares of digital currency exchange Coinbase (COIN) opened at $381 Wednesday — significantly higher than its pre-listing reference price of $250 — underscoring heightened institutional demand for the crypto-focused stock. The $381 value put Coinbase’s market capitalization at $99.6 billion on…

US FinCEN Awards Secret Service For Seizing $22 M in Crypto
An investigation that involved several U.S. federal agencies led to the bust of the darknet operators and seizure of $22 M in cryptocurrency. 874 Total views 44 Total shares May 19, the Financial Crimes Enforcement Network (FinCEN) awarded several federal agencies in the United States, whose joint probe led to the seizure of $22 million…

Texas investigates FTX for securities violations after objecting to Voyager auction
The Texas State Securities Board enforcement director downloaded an FTX Trading app – not an FTX US app – in Texas using his own information and was able to earn interest on it. 249 Total views 3 Total shares The Texas State Securities Board (SSB) and the Texas Department of Banking (DOB) filed a supplemental…

Waves community back DeFi revival plan for Vires.Finance
A Waves proposal that aims to solve the liquidity problem of Vires.Finance has passed after gaining the support of its community. 115 Total views 7 Total shares The Waves (WAVES) community has supported a governance proposal to revive the decentralized finance (DeFi) lending protocol Vires.Finance after its liquidity crisis. The vote aims to stabilize the…