Brett Harrison, who was president of FTX's U.S. division <a href="https://www.linkedin.com/in/brettaharrison/" target="_blank">until September</a>, is attempting to raise capital to fund a new cryptocurrency startup, <a href="https://www.theinformation.com/articles/former-ftx-executive-brett-harrison-in-talks-with-investors-for-new-crypto-startup" target="_blank">The Information reported</a>.

The New York State Department of Financial Services (DFS) has presented a proposal to amend state legislation and charge licensed cryptocurrency companies for regulating them. Although it may seem strange, the DFS frequently charges its regulated non-crypto financial organizations for the costs and expenses of keeping watch over them under the Financial Services Law (FSL).

Ethereum price is showing more strength as it sets the stage for a bullish momentum in the upcoming days. Despite Federal Reserve Chair <a href="https://coingape.com/powell-speech-at-brookings-economic-outlook-inflation-crypto/" target="_blank">Jerome Powell pointing to slower rate hikes</a> starting from December, <a href="https://coingape.com/over-10k-bitcoin-btc-moved-to-crypto-exchange-are-miners-selling/" target="_blank">Bitcoin price remains under pressure</a> as compared to Ethereum due to miners capitulation. Several factors now indicate that Ethereum (ETH) price could rally to $1,350 and possibly to $1,550.

The customizable widget is designed to allow customers to instantly purchase cryptocurrencies in Web3 apps.

Brazilian investors are showing a strong preference for cryptocurrency products even as the global market undergoes a phase of high turbulence.

Optimism crypto has increased by over 10% in price in the last 24 hours and has pumped the price back over $1.00.

<a href="https://decrypt.co/resources/dogecoin-crypto-cryptocurrency-guide-how-to-buy-doge" target="_blank">Dogecoin</a> is up more than 24% in the past week amid speculation that it could play a part in Musk’s Twitter plans.

Furio devs decided it would be great to lower the price to “save” the project. Potentially having the opposite effect, as investors saw the price drop and panic sold their bags.

Cryptocurrency exchange Kraken <a href="https://blog.kraken.com/post/16442/business-update/" target="_blank">announced</a> on Nov 30, that it has made “one of the hardest decisions” to cut down its global workforce by approximately 1,100 people, making up approximately 30% of its total workforce, amid current market conditions.

As the cryptocurrency industry expands, it attracts an increasing number of players who expect to gain quick profits from the budding asset class even if it means breaking some rules, the phenomenon which did not miss the watchful gaze of the United Kingdom’s primary financial regulatory agency.