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Trump presses Senate to scrap filibuster as shutdown hits 36 days at a White House breakfast on Wednesday, Nov. 5, 2025.
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Crypto-friendly Rep. Patrick T. McHenry (R-N.C.) has assumed the role of Speaker of the House pro tempore following the ouster of Rep. Kevin McCarthy (R-Calif.). The House voted to remove McCarthy amid a power struggle with far-right lawmakers. McHenry, who is also the chair of the House Financial Services Committee, has been active in advancing crypto regulation bills. 
Ukrainians Embrace Crypto Literacy with Diia and WhiteBIT
It's been almost a year since the launch of the “Crypto Literacy and Blockchain” educational courses in Ukraine. This initiative was spearheaded by the state-backed platform Diia.Education and Europe's leading crypto exchange, WhiteBIT. Now, it's time to reflect on the initial outcomes. 
The crypto company LayerZero has forged a partnership with Conflux to roll out a blockchain-based SIM card (BSIM), co-developed by China Telecom. This partnership aims to simplify cross-chain fund transfers, leveraging LayerZero's innovative exchange mechanisms. While it's uncertain whether they can attract China Telecom's 390 million users, the LayerZero CEO remains optimistic. 
The blockchain platform, founded by Bram Cohen, the creator of BitTorrent, has downsized its workforce, reducing it by 26 out of 70 employees. This development follows Chia’s 5 months filing with the SEC for its public listing, which faced setbacks due to the collapse of its banking partner, Credit Suisse. The company is also considering its first-ever token sale. 
A recent investigation into ThorSwap, a platform enabling asset transfers across blockchains, raises concerns about its misuse by hackers from North Korea and russia. In the last four months, more than 50% of ETH converted to BTC through ThorSwap has been linked to either previous thefts via exploits or money laundering activities. The study's author highlights that criminal entities often exploit decentralized technologies. However, many developers seem to overlook this issue. 
A federal judge denied the U.S. Securities and Exchange Commission's (SEC) request for an appeal against Ripple, asserting that the regulator did not demonstrate significant reasons to justify disagreements in opinions. However, he has set a court hearing date for April 2024 to address certain issues in the case. 
Ukraine's Crypto Future: Expert Predictions and Analysis
On September 29, GNcrypto journalists participated in an online panel discussion titled “European Regulation of the Cryptocurrency Market: Implementation in Ukraine”. Let’s explore the prospects of implementing the European set of cryptocurrency regulation rules, MiCA, in Ukraine. 
According to the Federal Reserve's investigation, Silvergate Bank faced significant challenges due to its exposure to high-risk cryptocurrency deposits and ineffective upper-level management. A significant portion of the bank's deposits were sourced from crypto companies, which lacked traditional insurance and failed to generate substantial interest income. 
With $549 billion, September recorded the lowest trading volume of the year for Bitcoin futures. The list of leaders comprises:
Binance with $247 billion in trades
OKX with $95 billion
ByBit accounting for $75 billion
Bitget recording $68 billion
On another note, DEX platforms also set an annual low with a trading volume of $32 billion.With $549 billion, September recorded the lowest trading volume of the year for Bitcoin futures.The list of leaders comprises:
Binance with $247 billion in trades
OKX with $95 billion
ByBit accounting for $75 billion
Bitget recording $68 billion
On another note, DEX platforms also set an annual low with a trading volume of $32 billion. An Interview with Illia Polosukhin of Near Protocol
Illia Polosukhin is the driving force behind Near Protocol, a project within the top 40 on CoinMarketCap. In this conversation, the Co-founder, CTO, and ideologist of Near unveils the internal processes of the company, shares his vision, and provides insights into blockchain, cryptocurrency, Ukraine, and much more. Crypto Market Analysis: BTC, ETH, and PAXG on October 2, 2023
The crypto market experienced a serene weekend with no significant volatility, but by Monday morning, BTC surged by 4%! Here’s an analysis of the market situation for Bitcoin (BTC), Ethereum (ETH), and gold (PAXG) as of Monday, October 2. 
Never miss any of the latest cryptocurrency news, in-depth crypto market analysis, and breaking updates on blockchain technology. From Bitcoin price trends to emerging NFT projects and DeFi developments, GNcrypto has everything to keep you informed and ahead. Stay informed and ready to seize the next big opportunity in the crypto world!