Author: Tony Pearce
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.
Robinhood and Revolut Considering Launch of its Own Stablecoin
Reading Time: < 1 minuteFintech giants Robinhood and Revolut are considering launching a stablecoin.
Inflation Data Platform Truflation Suffers Hacker Attack
Reading Time: < 1 minuteA blockchain-based platform for tracking inflation, Truflation, has confirmed that it was targeted by a malware attack which resulted in an estimated loss of $5.2 million.
BlackRock’s Head of Crypto: Bitcoin Is Not a Risk-on Asset
Reading Time: < 1 minuteBlackRock’s head of digital assets, Robbie Mitchnick, believes that Bitcoin has been unfairly categorized as a “risk-on” asset.
Crypto ETFs Receive $321M
Reading Time: < 1 minuteCrypto exchange-traded funds (ETFs) saw an increase in inflows for the second week in a row, with a total of $321 million.
The IMF Issues Framework on CBDCs
Reading Time: < 1 minuteA guide has been released by staff members of the International Monetary Fund (IMF) for policymakers and banking institutions to promote the use of central bank digital currencies (CBDCs) worldwide.
Terraform Labs Receives Approval to Shut Down Operations
Reading Time: < 1 minuteTerraform Labs was granted court approval to dissolve its operations in bankruptcy yesterday.
BingX Loses $43M in Hacker Attack
Reading Time: < 1 minuteBingX, a cryptocurrency exchange based in Singapore, has acknowledged that it experienced a loss of assets after noticing unusual outflows from its hot wallet on Sept. 20.
Solana Unveils its New Smartphone
Reading Time: < 1 minuteSolana has recently unveiled its latest smartphone, the “Seeker,” which will not solely rely on free memecoins.
CleanSpark Purchases 2 Mining Sites in Mississippi
Reading Time: < 1 minuteBitcoin miner CleanSpark has recently acquired two Bitcoin mining sites and accompanying land in Clinton, Mississippi, with a combined purchase price of $5.775 million.
Australia’s Central Bank Starts Wholesale CBDC Program
Reading Time: < 1 minuteThe RBA has announced that it will be focusing on launching a wholesale CBDC rather than pursuing a retail CBDC in the near future.
Trump’s World Liberty Financial to Launch a Token
Reading Time: < 1 minuteThe team members responsible for the World Liberty Financial crypto project, which has been endorsed by former President Donald Trump and his sons, has confirmed their plans to launch a governance token called WLFI.
MicroStrategy Plans to Raise $700M to Buy Additional Bitcoin
Reading Time: < 1 minuteMicroStrategy has recently announced that it will raise $700 million through a new debt offering of convertible senior notes, which are set to mature in 2028.
CFTC: Prediction Markets Are Vulnerable to Manipulation
Reading Time: < 1 minuteThe CFTC is making another attempt to halt Kalshi from offering prediction markets on the upcoming November elections after losing its first case against the company.
eToro Settles Charges with SEC
Reading Time: < 1 minuteeToro yesterday agreed to settle charges from the US Securities and Exchange Commission for operating without proper registration as a broker and clearing agency.
Spot Bitcoin ETFs Take in $39.02M
Reading Time: < 1 minuteAs per data from SoSoValue, the 12 different Bitcoin exchange-traded funds (ETFs) recorded a total of $39.02 million in net inflows, a change from the $43.97 million outflows that were […]
EU: Stablecoin Standards to Become Official This Year
Reading Time: < 1 minuteBy the end of the year, the European Banking Authority (EBA) will officially release standards for stablecoin issuers like Tether and Circle to operate in the European Union.
Crypto Activity This Year Surpasses’ 2021 Record: Report
Reading Time: < 1 minuteCryptocurrency users worldwide have been increasingly active in 2024, leading to a major milestone being surpassed that was first reached during the 2021 market surge.
SEC Receives $7.4 Billion from Fines on Crypto Industry
Reading Time: < 1 minuteA recent study by digital assets analytics firm Social Capital Markets revealed that since 2013, the crypto industry has been fined a total of $7.4 billion.
US Spot Bitcoin ETFs’ Daily Inflows Reach $28.7M
Reading Time: < 1 minuteSince August 27, Bitcoin ETFs have been experiencing losses, but Monday saw the first day of net inflows in September.
FTX Reaches a Settlement with Emergent
Reading Time: < 1 minuteInsolvent cryptocurrency exchange FTX has reached a settlement with Emergent Technologies, founded by Sam Bankman-Fried, over the ownership of more than $600 million worth of Robinhood shares.
Japanese Energy Company TEPCO to Venture into Green Mining
Reading Time: < 1 minuteA subsidiary of TEPCO, a Tokyo-based company, is venturing into Bitcoin mining with the goal of using renewable energy that would otherwise go to waste.
Block’s Market Cap Exceeds Coinbase’s
Reading Time: < 1 minuteBlock, Inc., the parent company of various subsidiaries such as Square, has surpassed Coinbase in market capitalization for the first time since March.
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