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CoinMarketCap Announcements

SEC and Crypto Startup in Legal Battle Over Crypto's Classification
https://coinmarketcap.com/academy/article/sec-and-crypto-startup-in-legal-battle-over-cryptos-classification

MediaLejilex, a Texas-based crypto startup, has initiated a legal battle against the U.S. Securities and Exchange Commission (SEC).

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CoinMarketCap Announcements

Hyperliquid Surpasses Competitors in Daily Trading Volume for Decentralized Perpetual Swaps
https://coinmarketcap.com/academy/article/hyperliquid-surpasses-competitors-in-daily-trading-volume-for-decentralized-perpetual-swaps

MediaHyperliquid currently has the highest trade volume among decentralized perpetual swap platforms, recording $1.39 billion in trading volume yesterday.

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CoinMarketCap Announcements

HBO Documentary Promises New Insights into Identity of Bitcoin Creator Satoshi Nakamoto
https://coinmarketcap.com/academy/article/hbo-documentary-promises-new-insights-into-identity-of-bitcoin-creator-satoshi-nakamoto

Documentary filmmaker Cullen Hoback’s latest documentary, slated to drop on October 8 on HBO, promises to take viewers through a "rollercoaster" to unmask the mysterious creator of Bitcoin.

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Ripple Partners With Mercado Bitcoin to Expand Cross-Border Payments in Brazil
https://coinmarketcap.com/academy/article/ripple-partners-with-mercado-bitcoin-to-expand-cross-border-payments-in-brazil

Ripple has announced the opening of its high-speed payment solution, Ripple Payments, in Brazil.

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North Carolina Bitcoin Community Launches Hurricane Relief Operation
https://coinmarketcap.com/academy/article/north-carolina-bitcoin-community-launches-hurricane-relief-operation

MediaThe Bitcoin community in North Carolina has stepped up to provide assistance to the state's mountain region following the devastating impact of Hurricane Helene.

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CoinMarketCap Announcements

Metaplanet Expands Bitcoin Holdings with $1.4 Million by Selling Put Options
https://coinmarketcap.com/academy/article/metaplanet-expands-bitcoin-holdings-with-dollar14-million-by-selling-put-options

MediaTokyo-listed investment firm Metaplanet Inc. has increased its Bitcoin holdings to 530.717 BTC, valued at approximately $32.4 million.

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CoinMarketCap Announcements

Lamborghini Races into Web3 Gaming with Animoca Brands
https://coinmarketcap.com/academy/article/lamborghini-races-into-web3-gaming-with-animoca-brands

Luxury car manufacturer Lamborghini gears up for the fast lane in the digital world as it unveiled "Fast ForWorld."

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CoinMarketCap Announcements

SEC Appeals Ripple Ruling as XRP ETF Filing Emerges
https://coinmarketcap.com/academy/article/sec-appeals-ripple-ruling-as-xrp-etf-filing-emerges

The U.S. Securities and Exchange Commission (SEC) filed a notice of appeal against the historic ruling by Judge Analisa Torres in the Ripple case.

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Bitcoin Eyes $100,000 Target for Q4, But Demand Must Grow, Analysts Say
https://coinmarketcap.com/academy/article/bitcoin-eyes-dollar100000-target-for-q4-but-demand-must-grow-analysts-say

As Bitcoin (BTC) heads into its typically bullish fourth quarter, analysts at CryptoQuant say that while positive seasonality.

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Australian Federal Police Seizes $6.4 Million in Cryptocurrency in Operation Kraken
https://coinmarketcap.com/academy/article/australian-federal-police-seizes-dollar64-million-in-cryptocurrency-in-operation-kraken

MediaThe Australian Federal Police (AFP) announced the seizure of $6.4 million in cryptocurrency linked to an alleged mastermind behind encrypted messaging platform Ghost.

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CoinMarketCap Announcements

Stablecoins: Powering Africa's Economic Surge? 🌍 💹

Learn how stablecoins could reshape Africa's financial future, offering stability in volatile markets and boosting financial inclusion. Dive into our analysis on Africa's economic potential!

#CMCLABS

Explore More: https://coinmarketcap.com/academy/article/the-role-of-stablecoins-in-africa

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CoinMarketCap Announcements

Failed 3AC Hedge Fund Founders Issue Controversial Memecoin Amidst Legal Trouble
https://coinmarketcap.com/academy/article/failed-3ac-hedge-fund-founders-issue-controversial-memecoin-amidst-legal-trouble

Three Arrows Capital co-founders Su Zhu and Kyle Davies have unveiled a new project in the memecoin space, Three Arrowz Capitel (3AC).

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Asset Manager Bitwise Advances Plans for XRP ETF
https://coinmarketcap.com/academy/article/asset-manager-bitwise-advances-plans-for-xrp-etf

Bitwise has confirmed plans to launch an XRP exchange-traded fund (ETF), confirming the authenticity of an application with the state of Delaware.

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Ripple Secures In-Principle License from Dubai Financial Services Authority
https://coinmarketcap.com/academy/article/ripple-secures-in-principle-license-from-dubai-financial-services-authority

MediaRipple has received in-principle financial services license approval from the Dubai Financial Services Authority (DFSA).

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CoinMarketCap Announcements

Indonesia's Postal Service Innovates with First-Ever NFT Stamp Release
https://coinmarketcap.com/academy/article/indonesias-postal-service-innovates-with-first-ever-nft-stamp-release

MediaIndonesia's state-owned postal service, Pos Indonesia, has announced the release of its first-ever postage stamp that features a non-fungible token (NFT) counterpart.

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CoinMarketCap Announcements

Bitcoin Miner TeraWulf Sells Stake in Nuclear-Powered Facility, Shifts Focus to AI Data Centers
https://coinmarketcap.com/academy/article/bitcoin-miner-terawulf-sells-stake-in-nuclear-powered-facility-shifts-focus-to-ai-data-centers

MediaTeraWulf has completed the sale of a 25% stake in its Nautilus Cryptomine joint venture for approximately $92 million.

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CoinMarketCap Announcements

Grayscale Expands Crypto Offering With Launch of New AAVE Trust
https://coinmarketcap.com/academy/article/grayscale-expands-crypto-offering-with-launch-of-new-aave-trust

MediaDigital asset manager Grayscale continues to expand its crypto offerings with the launch of a new investment vehicle focused on Aave (AAVE).

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CoinMarketCap Announcements

PayPal Makes First Corporate Payment to Ernst & Young Using PYUSD Stablecoin
https://coinmarketcap.com/academy/article/paypal-makes-first-corporate-payment-to-ernst-and-young-using-pyusd-stablecoin

PayPal has successfully completed its first business-to-business transaction using its proprietary stablecoin, PayPal USD (PYUSD).

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Mark Cuban Reveals Tense Exchange with SEC Chair Gary Gensler
https://coinmarketcap.com/academy/article/mark-cuban-reveals-tense-exchange-with-sec-chair-gary-gensler

Billionaire entrepreneur Mark Cuban discussed his recent face-to-face meeting with the head of the SEC, Gary Gensler.

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Taiwan Implements New Anti-Money Laundering Rules for Crypto Firms
https://coinmarketcap.com/academy/article/taiwan-implements-new-anti-money-laundering-rules-for-crypto-firms

MediaTaiwan’s Financial Supervisory Commission (FSC) has announced new anti-money laundering (AML) regulations targeting virtual asset service providers (VASPs).

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CoinMarketCap Announcements

📊 CMC Q3 Crypto Wrap-Up: Hold onto your wallets, folks!

BTC's flexing with 56.8% market dominance (2-year high!), while stablecoins hit a whopping $160B ATH. 💪

Q3 Winners: TRON, AI & meme coins 🚀
Q3 Losers: DeFi & infrastructure 📉

Layer-2s are stealing Ethereum's thunder in daily transactions, and guess what? India's now the 2nd largest crypto country! 🇮🇳

NFTs showing signs of life, and GameFi's still got game (looking at you, Pixels with 5M+ users! 👀).

Q3 was a rollercoaster, but Q4's historically been crypto's time to shine. ✨ Massive sideline liquidity in stablecoins = potential fireworks ahead!

Check out the full CMC Q3 Report: https://coinmarketcap.com/academy/article/according-to-cmc-2024-q3

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CoinMarketCap Announcements

SEC Enforcement Chief To Step Down Amid Political Pressure and Industry Pushback
https://coinmarketcap.com/academy/article/sec-enforcement-chief-to-step-down-amid-political-pressure-and-industry-pushback

The U.S. Securities and Exchange Commission (SEC) announced on October 2 that its chief enforcer, Gurbir Grewal, will leave his post on October 11.

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Wall Street Titan Franklin Templeton Adds Aptos to Digital Fund Network
https://coinmarketcap.com/academy/article/wall-street-titan-franklin-templeton-adds-aptos-to-digital-fund-network

Wall Street heavyweight Franklin Templeton has announced on Wednesday that its Nasdaq-listed On-Chain U.S. Government Money Fund, FOBXX, is now live on the Aptos (APT) blockchain.

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Proton Management Seeks Dismissal of Swan Bitcoin Lawsuit, Calls it ‘fatally flawed'
https://coinmarketcap.com/academy/article/proton-management-seeks-dismissal-of-swan-bitcoin-lawsuit-calls-it-fatally-flawed

MediaProton Management has filed a motion to dismiss a lawsuit brought against it by Swan Bitcoin, arguing that the claims are fundamentally flawed.

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CoinMarketCap Announcements

Crypto Market Grapples with 'Hangover' from Venture Capital Boom, Multicoin's Jain Reveals
https://coinmarketcap.com/academy/article/crypto-market-grapples-with-hangover-from-venture-capital-boom-multicoins-jain-reveals

MediaAt Messari’s recent Mainnet conference, Tushar Jain, managing partner at Multicoin Capital, addressed the ongoing struggles within the crypto venture capital sector.

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CoinMarketCap Announcements

Telegram Gaming Tokens HMSTR and CATI Plummet Over 50% Following Hyped Launches
https://coinmarketcap.com/academy/article/telegram-gaming-tokens-hmstr-and-cati-plummet-over-50percent-following-hyped-launches

Hamster Kombat (HMSTR) and Catizen (CATI), two of the largest crypto games on Telegram by number of players, have seen their respective tokens plunge by more than 50% in price.

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CertiK: Crypto Losses Surge 9.5% With $753M Lost in Q3 2024 Despite Fewer Attacks
https://coinmarketcap.com/academy/article/certik-crypto-losses-surge-95percent-with-dollar753m-lost-in-q3-2024-despite-fewer-attacks

Even though there was a decline in the overall number of cryptocurrency security incidents, hackers stole a record $753 million in digital assets during the third quarter of 2024.

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Bitcoin Plummets to $60K Amidst Geopolitical Tensions in the Middle East
https://coinmarketcap.com/academy/article/bitcoin-plummets-to-dollar60k-amidst-geopolitical-tensions-in-the-middle-east

MediaThe cryptocurrency market faced a sudden downturn Tuesday morning, with Bitcoin (BTC) dropping to as low as $60,371.

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CoinMarketCap Announcements

Bitcoin Price Forecast: Potential Cycle Top of $275K by November 2025
https://coinmarketcap.com/academy/article/bitcoin-price-forecast-potential-cycle-top-of-dollar275k-by-november-2025

MediaBitcoin researcher Smithson With has presented a new approach to predicting the crypto's cycle top price using a quantile regression model.

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EigenLayer’s EIGEN Token Set to Unlock for Trading on October 1
https://coinmarketcap.com/academy/article/eigenlayers-eigen-token-set-to-unlock-for-trading-on-october-1

The crypto community is anticipating the unlocking of the native token EIGEN, by EigenLayer.

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