According to Cointelegraph, speculation is mounting over whether Paul Atkins, a former member of the United States Securities and Exchange Commission (SEC) during President George W. Bush's tenure, could be selected by Donald Trump to lead the regulatory body starting in 2025. Reports from various news outlets have presented differing views on Atkins' potential nomination. Prediction platform Kalshi initially reported on December 3 that Atkins' odds of being nominated by Trump had surged to 93%, indicating a strong likelihood of his selection following Trump's scheduled inauguration in January. Although these odds later decreased to below 90%, Kalshi still ranked Atkins significantly higher than other potential candidates, such as former acting comptroller of the currency Brian Brooks and former SEC attorney Teresa Goody Guillen. Politico reported on November 27 that Trump's team had invited Atkins for an interview with the president-elect. Following this meeting, some news outlets, citing unnamed sources, suggested that Trump had either chosen Atkins as his SEC chair pick or that Atkins was hesitant to accept the position. As of the time of publication, Trump had not officially announced any SEC chair nomination on Truth Social, his preferred platform for such announcements. If selected, Atkins would require formal nomination in January and subsequent confirmation by the US Senate, where Republicans are expected to hold a slim majority. Despite Kalshi's favorable odds for Atkins, there remains a possibility that Trump could choose a different candidate, such as Brooks or Guillen, or even someone not currently on the shortlist. This uncertainty is underscored by Trump's previous decision to bypass his shortlist for the US Attorney General position, opting instead for Matt Gaetz, who later withdrew from consideration. Replacing current SEC Chair Gary Gensler with a new appointee was one of Trump's campaign promises to the crypto industry. Gensler announced his intention to step down on January 20, coinciding with Trump's planned inauguration. The SEC chair holds considerable influence over policies impacting digital assets, including the decision to pursue enforcement actions against firms accused of offering unregistered securities. The crypto industry has been vocal in its calls for the SEC to establish clear regulatory guidelines, warning that inconsistent approaches could drive companies out of the United States.

According to Cointelegraph, former Celsius CEO Alex Mashinsky has entered a plea agreement with United States prosecutors following an unsuccessful attempt by his legal team to dismiss charges in his criminal indictment. During a conference held on December 3 in the United States District Court for the Southern District of New York, Mashinsky announced his intention to plead guilty to charges of commodities fraud and a fraudulent scheme aimed at manipulating the price of the CEL token. He confessed to making misleading statements regarding the platform’s Earn Program, which had encouraged investors to sell their Bitcoin (BTC). The plea agreement permits Mashinsky to plead guilty to two charges out of the original seven that were filed by prosecutors in July 2023. Judge John Koeltl indicated that Mashinsky could face a maximum sentence of up to 30 years if the sentences for both charges are served consecutively. Initially, Mashinsky had pleaded not guilty to all charges and was released on a $40-million bond, albeit with certain travel restrictions. His trial was initially set to commence in January 2025. This case remains under development, and additional details will be provided as they become available.

According to Decrypt, the cryptocurrency market has experienced a significant resurgence following Donald Trump's re-election, which has sparked optimism for more favorable crypto regulations. Bitcoin (BTC) has been at the forefront of this rally, reaching new heights last month. Although it faced resistance just below the $100,000 mark, various altcoins have since gained traction, attracting renewed investor interest. Dogecoin (DOGE) has seen a notable increase, driven by its association with Elon Musk and his plans to co-lead a Department of Government Efficiency. The meme coin surged to a three-year high in late November and remains close to that level, influencing other meme coins to follow suit. Solana (SOL) also reached a new all-time high of $263 in November, though it has since adjusted to $235, according to CoinGecko data. Ethereum (ETH), which had lagged behind Bitcoin's gains earlier this year, recently climbed to an eight-month high above $3,730. Among the most surprising gainers are tokens that had not seen significant growth in years. XRP, used in Ripple's payments ecosystem, has skyrocketed by over 400% in the past 30 days. This surge is attributed to increased optimism about regulatory clarity and the potential introduction of spot exchange-traded funds and other financial products. The announcement of Securities and Exchange Commission Chair Gary Gensler's departure in January, following his leadership in the agency's case against Ripple Labs, has further fueled enthusiasm. XRP reached a seven-year high above $2.82 on Monday. Tron (TRX) has also made unexpected gains, reaching a new all-time high on Tuesday and surpassing a seven-year-old record from January 2018. It is now up 69% on the day, priced at nearly $0.37. Other long-standing cryptocurrencies, such as Hedera (HBAR), have seen significant increases, with HBAR rising 137% in seven days. IOTA and Algorand (ALGO) have also experienced substantial growth, with spikes of 130% and 84%, respectively, during the same period. Additional major gainers this week include Litecoin, Tezos, Chainlink, and EOS, while Cardano has surged by 200% over the past month. Even metaverse gaming tokens like The Sandbox (SAND) and Decentraland (MANA) are experiencing rapid growth, reminiscent of previous market booms. Bitcoin remains close to the $100,000 milestone, having peaked at $99,645 on November 22, and is currently trading around $96,000.

According to PANews, Arbitrum One has achieved a significant milestone by becoming the first Layer 2 (L2) network to surpass a total value locked (TVL) of $20 billion. Data from L2beat indicates that Arbitrum One's TVL increased by 15.6% over the past 24 hours, maintaining its position as the leading L2 network. In addition to Arbitrum One's impressive growth, other L2 networks have also experienced notable increases in their TVL. Base, OP Mainnet, Blast, ZKSync Era, and Starknet have all seen significant growth in their respective TVLs. Base has reached a TVL of $12.4 billion, OP Mainnet stands at $8.66 billion, Blast has achieved $1.57 billion, ZKSync Era has reached $1.3 billion, and Starknet has a TVL of $1.13 billion. These developments highlight the growing adoption and expansion of L2 networks, which are designed to enhance scalability and reduce transaction costs on blockchain platforms. The increasing TVL across these networks reflects a broader trend of users and developers seeking more efficient and cost-effective solutions for blockchain transactions.

Market data shows that BNB briefly touched 793.86 USDT and is currently trading at 781.6 USDT, with a 24-hour increase of 19.64%.

TL;DR What do a memecoin, a metaverse token, and a DeFi solution have in common? Kishu Inu, RACA, and Amp exemplify the diversity and versatility of the blockchain ecosystem by addressing unique use cases. Kishu Inu: A memecoin that fosters community participation and philanthropy, showing how cryptocurrencies can have a social impact. Radio Caca and ... source: https://crypto-economy.com/innovation-in-cryptocurrency-use-3-tokens-that-take-crypto-use-cases-to-the-next-level/

According to the official announcement, Bybit Launchpool will officially launch XION spot trading on December 4, and staking will be open from tomorrow. During the event, staking XION, MNT or USDT on Bybit will have the opportunity to share 1,000,000 XION. Event schedule: XION recharge starts: December 4, 2024 10:00 UTC XION online trading: December 5, 2024 10:00 UTC XION withdrawal starts: December 6, 2024 10:00 UTC Recharge and withdrawal will be achieved through the XION network. It is reported that the XION project creates the first L1 blockchain ecosystem without a wallet, focusing on the concept of chain abstraction, aiming to achieve a better and smoother user experience and attract more users and developers to participate.

رغم الصراع مع أسرائيل تم الاعلان اليوم عن أرتفاع قراءة مؤشر مديري المشتريات بلوم لبنان إلى 48.1 خلال نوفمبر 2024، الاعلى للمؤشر من أدنى مستوى له في 44 شهرًا في أكتوبر عندما سجل قراءة 45، وبنتيجة اليوم يصل إلى أعلى مستوى خلال 4 شهور. وحسب المعلن أيضا فقد أستمر النشاط التجاري اللبنانى في التراجع، وذلك … The post لبنان: قطاع الصناعة فى البلاد عند أعلى مستوى خلال 4 أشهر appeared first on... source: https://www.tradersup.com/%d8%a3%d8%ae%d8%a8%d8%a7%d8%b1-%d8%a5%d9%82%d8%aa%d8%b5%d8%a7%d8%af%d9%8a%d8%a9/%d9%84%d8%a8%d9%86%d8%a7%d9%86-%d9%82%d8%b7%d8%a7%d8%b9-%d8%a7%d9%84%d8%b5%d9%86%d8%a7%d8%b9%d8%a9-%d9%81%d9%89-%d8%a7%d9%84%d8%a8%d9%84%d8%a7%d8%af-%d8%b9%d9%86%d8%af-%d8%a3%d8%b9%d9%84%d9%89-%d9%85/139012

フォックス・ビジネス（Fox Business）の報道によると、暗号資産（仮想通貨）に理解のある2人の女性がアメリカ商品先物取引委員会（CFTC）のトップに就任 ... The post トランプ政権のCFTC委員長は、暗号資産支持派の2人の女性が候補に first appeared on CoinDesk JAPAN（コインデスク・ジャパン）. source: https://www.coindeskjapan.com/265193/

South Korea's political crisis, sparked by President Yoon Suk Yeol's martial law declaration and impeachment calls, is disrupting key tech initiatives, including the AI Basic Act and national AI strategy. This uncertainty threatens the country’s ability to lead in AI, attract global investment, and advance crucial technological reforms.

Alex Mashinsky, the co-founder of Celsius Network, has admitted to charges of fraud related to his role in the company's downfall. The post Former Celsius CEO Pleads Guilty to Fraud in Token Manipulation Scheme appeared first on Cryptodnes. source: https://cryptodnes.bg/en/former-celsius-ceo-pleads-guilty-to-fraud-in-token-manipulation-scheme/

CZ’s recent Toy Story meme has sparked speculation about Binance’s future, with many linking it to potential BNB institutional adoption or a BNB-based ETF. Meanwhile, BNB’s price surged to a new all-time high of $776.80, reflecting its growing market influence as altcoins, including BNB, gain momentum.

On the evening of December 3, the Korean crypto market completed a one-month bull market in 15 minutes. Did you buy the bottom?

DeFi, Liquidity, The way out of DeFi’s internal conflict: liquidity sharing Golden Finance, What will happen to the DeFi world when there is no liquidity war?

This article will analyze the potential and current limitations of the combination of Web3 and AI from multiple perspectives, including productivity development, coordination of production relations, model training costs, incentive mechanisms, and explore how AI Agents can move towards a broader AI economy.

Stanislav Moiseev, founder of the Hydra darknet market, and 15 accomplices have been sentenced to prison for operating the illicit platform and crypto mixer. Hydra facilitated over $5 billion in cryptocurrency transactions before its closure.

Google has launched Veo, a model for generating realistic videos from text or image prompts, now available on Vertex AI for developers. Alongside, Imagen 3 offers advanced text-to-image features, enabling businesses to create custom assets and visuals for marketing and creative projects.

The Solana ecosystem is driving the deep integration of AI and crypto technologies, especially in areas such as AI agents, Solana developer tools, and decentralized AI technology stacks, demonstrating huge potential for innovation.

Crypto prices plummeted briefly after President Yoon Suk-yeol’s martial law declaration, but has been quickly overturned by unanimous legislative opposition. Could this mark the downfall of his leadership?

The Ordinals protocol has triggered a wave of BTC on-chain asset issuance, BTC layer2 network expansion, and other extensions and developments around the BTC ecosystem, all of which have confirmed that the choice made by Stacks that year was extremely strategic.