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Waters characterised the pardon as a “payoff.”President Trump pardoned CZ on Thursday.CZ served four months in prison last year.Representative Maxine Waters, the ranking Democrat on the House Financial Services Committee, blasted US President Donald Trump’s decision to pardon Binance founder Changpeng Zhao.On Thursday, Waters slammed the move, which comes amid the country’s second-longest government shutdown that has left federal workers furloughed.“Trump is doing massive favours for crypto criminals who have helped to line his pockets,” Waters said in her statement.Zhao, who also goes by CZ, served four months in prison in 2024 for failing to prevent criminals and other bad…

Binance Coin BNB$1,118.26 gained 3.3% in the last 24-hour period to trade at $1,126, outpacing broader crypto markets afterU.S. President Donald Trump issued a pardon for Changpeng Zhao, co-founder and former CEO of Binance.Zhao pleaded guilty in November 2023 to violating the Bank Secrecy Act and agreed to step down from the exchange he founded. The attempt to imprison him for three years drew criticism across the crypto industry, and ultimately Zhao served four months.In a statement, White House Press Secretary Karoline Leavitt characterized the prosecution under President Biden as a “war on cryptocurrency.”“We believe CZ’s pardon is more than…

In brief Payments processor Zelle will use stablecoins to expand internationally. Zelle is owned by Bank of America, Capital One, JPMorgan Chase, PNC Bank, Truist, U.S. Bank, and Wells Fargo. The environment for stablecoins has improved following the passage of the U.S. GENIUS Act. Payments processor Zelle’s parent company said Friday that Zelle would start using stablecoins to make international transactions for the firm. Early Warning Services, which manages Zelle, said that using stablecoins would “enable Zelle to deliver faster and more reliable cross-border money movement.””The effort marks an important step in expanding the reach of Zelle globally by leveraging stablecoins,”…

Bolivia’s president-elect, Rodrigo Paz, wants to use blockchain technology to fight corruption and rebuild public trust. After winning the recent run-off election with 54.5% of the vote, Paz said his government will focus on fairness, technology, and accountability.  He takes office on November 8, facing a tough economy marked by fuel shortages and a shortage of U.S. dollars. One of Paz’s key ideas is to apply blockchain and smart contracts to how the government buys goods and services.  His plan aims to reduce corruption in public procurement by using transparent, automatic systems. Rodrigo Paz. Source: AP News In simple terms,…

Changpeng “CZ” Zhao and Peter Schiff are supposedly taking their long-running argument to the stage. The Binance founder has agreed to debate the outspoken economist and gold advocate after Schiff publicly challenged him to a “Bitcoin versus tokenized gold” discussion.  The exchange follows Schiff’s announcement that he’s launching his own blockchain-based gold product — and CZ’s sharp critique that such tokens are “not truly on-chain.” “As much as you voice against Bitcoin, you are always professional and nonpersonal,” CZ told Schiff on X today. “I appreciate that. Can have a debate about it.” Schiff replied later: “Absolutely. Several people have…

The Bank of England is investigating the rise of financiers lending to data centers as a way to speculate on the future of AI, Bloomberg said.The UK’s top bank has already been examining market risks that could arise if AI companies fail to meet lofty valuations, warning that many could come crashing down in a correction reminiscent of the dot-com bubble in the early 2000s.Now, it is exploring the relationship between AI companies and financiers that are looking to place bets in the AI market, Bloomberg reported on Friday.Although lending to data centers is still a niche market, it is…

Bitcoin and Ether rose 1.5% on Thursday as the S&P 500 and Nasdaq approached their all-time highs.Crypto markets rose slightly Thursday morning, with Bitcoin holding around $110,000 and the total market cap at $3.78 trillion, as the 10-year Treasury yield climbed above 3.98%.Bitcoin (BTC) has gained 1.6%, pushing the price to $110,000 and keeping it firmly within the $108,000-$112,000 range.In a commentary for The Defiant, Farzam Ehsani, CEO and co-founder of VALR, suggested that Bitcoin’s path higher “is not guaranteed” as the same macro volatility that triggered gold’s rally due to its general perception as a defensive asset “could cap…

Wall Street bank JPMorgan (JPM) upgraded Coinbase (COIN) to “overweight” from “neutral” and raised its price target to $404, citing new monetization opportunities and reduced risks that make the crypto exchange appear more attractive compared to its peers. The shares were about 4% higher in early trading, around $332.The bank highlighted two key catalysts: a potential Base token and enhanced USDC payouts.JPMorgan analysts said that Coinbase is exploring a token for Base, its Layer 2 blockchain launched in August 2023, which has grown into one of the largest in the ecosystem. A token could allow Coinbase to capture more of…

New York City, NY, Oct. 25, 2025 (GLOBE NEWSWIRE) — IntroductionAs modern households search for smarter and more sustainable heating solutions, Cyber Heater emerges as a next-generation innovation designed to redefine comfort and energy efficiency during winter. Engineered with precision technology, this compact electric device offers rapid warmth within minutes while maintaining safety, affordability, and eco-conscious operation. Unlike bulky central systems, Cyber Heater combines smart heat distribution with space-saving design, providing a convenient way to keep individual rooms perfectly comfortable without excessive energy use.The device represents a technological leap in home heating, using intelligent thermal control to balance power output…

Key takeaways:Ether’s price tests $4,000 as a highly successful trader expects further gains in the ETH price.Traders say ETH is poised for an upside move, citing strong technicals and a declining balance on exchanges.Ether (ETH) held strong in its rebound to $4,000 on Friday as a smart trader increased their ETH upside bet. ETH/USD four-hour chart. Cointelegraph/TradingviewTop trader opens new ETH long positionData from Cointelegraph Markets Pro and TradingView showed the ETH/USD pair trading at $3,940, after hitting an intraday high of $4,025 on Friday.Related: ARK Invest-backed firm becomes largest ETH hoarder outside the USReaching this key level, ETH/USD offered cause…