Author: Tony Pearce
Tesla Did Not Get Rid of its Bitcoins
Reading Time: < 1 minuteAccording to blockchain analytics firm Arkham Intelligence, Tesla currently still holds its entire Bitcoin stash, valued at $780 million, despite recently transferring the funds to unidentified wallets on Oct. 15.
Weekly Inflows into Crypto Products Reach $2.2B
Reading Time: < 1 minuteAsset management firms such as BlackRock, Bitwise, Grayscale, ProShares, and 21Shares experienced significant net inflows of $2.2 billion last week, the highest since July.
SEC Approves NYSE and Cboe Spot Bitcoin ETFs Listing
Reading Time: < 1 minuteThe Securities and Exchange Commission (SEC) has approved NYSE American LLC and Cboe Exchange, Inc. to list and trade options on various Bitcoin exchange-traded funds.
Worldcoin Rebrands to World
Reading Time: < 1 minuteWorldcoin is undergoing a rebranding process and will now be known as World Network, or simply World.
Stripe Plans to Purchase Stablecoin Platform Bridge
Reading Time: < 1 minuteStripe, a prominent payment processor, is reportedly in advanced negotiations to acquire the stablecoin money transfer company Bridge, backed by Sequoia.
Italy Plans to Raise Capital Gain Tax on Bitcoin
Reading Time: < 1 minuteItaly is set to significantly increase the capital gains tax on Bitcoin, jumping from 26% to 42%.
Thailand Bank Launches a Stablecoin Service for International Payments
Reading Time: < 1 minuteThe Siam Commercial Bank (SCB), a leading Thai financial institution, has introduced stablecoin-based cross-border payment services for its clients.
Canary Capital Plans to Launch a Litecoin ETF
Reading Time: < 1 minuteCanary Capital has announced its intention to launch a product focused on Litecoin, just a week after filing for an ETF that would directly hold Ripple’s XRP token.
DefiEdge Stops Retail Deposits
Reading Time: < 1 minuteDefiEdge, a liquidity management protocol, yesterday announced that it has temporarily blocked all deposits to its strategy contracts made through its user interface.
Deutsche Bank Will Offer Foreign Exchange Services to a Crypto Market Maker
Reading Time: < 1 minuteDeutsche Bank and Keyrock, a market maker specializing in cryptocurrencies, have joined forces to offer multi-currency accounts and foreign exchange services.
Arkham Intelligence to Launch a Crypto Derivatives Exchange
Reading Time: < 1 minuteArkham Intelligence, the company responsible for the popular multi-blockchain exploration and parsing tool Arkham Intel, is planning to launch a crypto derivatives exchange in November.
OKX Obtains a Derivatives VASP License in UAE
Reading Time: < 1 minuteOKX has successfully obtained its full Virtual Asset Service Provider (VASP) license from Dubai’s Virtual Assets Regulatory Authority (VARA).
VanEck Rolls Out New Fund to Invest in Crypto
Reading Time: < 1 minuteIssuer of spot Bitcoin exchange-traded funds (ETF) in the United States, VanEck, has introduced a new program aimed at supporting emerging cryptocurrency and artificial intelligence projects.
US Prosecutors Charge 4 Crypto Companies
Reading Time: < 1 minuteAuthorities have charged four cryptocurrency companies and 15 individuals with participating in fraudulent activities and market manipulation.
HBO Documentary: Peter Todd is Satoshi Nakamoto
Reading Time: < 1 minuteThe new HBO documentary “Money Electric: The Bitcoin Mystery” suggests that Peter Todd, an early Bitcoin developer, is the true identity behind Satoshi Nakamoto, the pseudonymous creator of Bitcoin.
21Shares Asks EU for Unified Crypto ETP Legislation
Reading Time: < 1 minuteThe current regulations regarding crypto inclusion in these types of funds across EU countries are fragmented and inconsistent, causing confusion for investors.
Coinbase Asks Court to Reconsider Appeal
Reading Time: < 1 minuteThe appeal was prompted by the Securities and Exchange Commission’s (SEC) recent notice of appeal in the ongoing Ripple lawsuit.
PayPal Completes First Business Transaction with its Stablecoin
Reading Time: < 1 minutePayPal recently completed its first commercial transaction using its US dollar-pegged stablecoin as a demonstration of its ease of use for business payments.
MoonPay Adds Support for PayPal’s Stablecoin
Reading Time: < 1 minuteMoonPay has recently added support for PayPal USD (PYUSD), a dollar-denominated stablecoin issued by Paxos Trust Company, to its list of supported cryptocurrencies.
SEC Appeals Judge Ruling in Ripple Case
Reading Time: < 1 minuteThe SEC has filed an appeal against the United States Court of Appeals for the Second Circuit’s ruling in the case of web3 payments company Ripple.
Kraken Plans to Drop Monero Support in European Economic Area
Reading Time: < 1 minuteCrypto exchange Kraken has announced that it will no longer support privacy token Monero in the European Economic Area (EEA).
Hashdex Files Amended Application for its Crypto Index ETF
Reading Time: < 1 minuteAn asset manager Hashdex has filed an updated S-1 with the Securities & Exchange Commission (SEC) for its proposed crypto index exchange-traded funds (ETF) on Tuesday, as requested by the regulator.
Taiwan Regulator Allows Foreign Crypto ETFs
Reading Time: < 1 minuteThe FSC in Taiwan has recently implemented new regulations governing the participation of professional investors in foreign crypto ETFs and other virtual assets.
Hackers Steal $32M from a Crypto Whale
Reading Time: < 1 minuteA blockchain security service called ScamSniffer has reported that a cryptocurrency whale lost approximately $32 million worth of tokens after engaging in a malicious transaction.
Hacker Steals $2M from Crypto Project Bedrock
Reading Time: < 1 minuteBedrock, a multi-asset liquid staking protocol, has confirmed that it has been a victim of a “security exploit” involving uniBTC, resulting in hackers stealing about $2 million in funds.