CEO of Canadian Crypto Holding Returns Safely After Paying $720K Ransom: Report

WonderFi CEO was forced into a vehicle but released after a ransom was paid.
D.O.G.E Memecoin Rockets 100% as Traders Savor Elon Musk’s Strong Ties to President-Elect Trump

The proposed department, abbreviated as D.O.G.E, will seek to make government spending of taxpayer money more efficient while streamlining departments that handle spending.
Cardano Pumps 16%, Bitcoin Could Pop to $100K After Fed Rate Cut

Majors cryptocurrencies are surging as a bullish backdrop gives traders reason to set a $100,000 price target for BTC in the near term.
First Mover Americas: BTC in Price Discovery Mode Following Record High

The latest price moves in bitcoin (BTC) and crypto markets in context for Nov. 8, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
CoinDesk 20 Performance Update: ADA Gains 9.9%, Leading Index Higher from Thursday

Polygon joined Cardano as a top performer, gaining 7.9%.
Chinese Nationals Gain Access to Stablecoins in Hong Kong Via New Trial

The trials will allow for anonymous registration on a regulated stablecoin app and the purchase of tokenized financial products for mainland Chinese in Hong Kong.
Ethereum Foundation’s Treasury Shrunk 39% Over 2 1/2 Years to $970M

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Stablecoin Giant Tether Enters Oil Trade by Financing $45M Middle Eastern Crude Deal

The USDT issuer is expanding in trade finance, seeking to carve out a niche in the $10 trillion ecosystem.
Trump’s Triumph Is Also Crypto’s: Gensler, Regulatory Clouds Likely to Vanish

Buoyed by donations and votes from a digital asset industry he aggressively courted, Trump won a second term to the White House in his third bid for the U.S.’s highest office.
Bitcoin, Solana Hit New Cycle Highs Against Ether as Trump Edges Closer to U.S. Presidency

Bitcoin dominance approached 61% with Solana dominance also primed to touch record high.
