🗞 CryptoNews of the Day 🗞
Gemini Expands in India With $24M Investment in Gurgaon Development Centre: Cryptocurrency exchange Gemini has allocated 2 billion rupees (around $24 million) to expand its operations in India.
👉Details: https://coinmarketcap.com/academy/article/gemini-expands-in-india-with-dollar24m-investment-in-gurgaon-development-centre
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Texas Emerges as Top Bitcoin Mining State in the United States: Texas is now the number one state for Bitcoin (BTC) mining in the United States, according to data from one of the world's largest mining pools.
👉Details: https://coinmarketcap.com/academy/article/texas-emerges-as-top-bitcoin-mining-state-in-the-united-states
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NASA Will Use Blockchain Technology To Prove Next Moon Landing: NASA, in collaboration with computing startup Lonestar and the Isle of Man, plans to send a payload to the Moon in February 2024 containing "data cubes"
👉Details: https://coinmarketcap.com/academy/article/nasa-will-use-blockchain-technology-to-prove-next-moon-landing
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Mixin Network Hit By $200M Exploit on “Cloud Service Provider”: Mixin Network, a platform for cross-chain asset transfers and decentralized exchanges, experienced a hack on September 23, which resulted in a potential loss of up to $200 million.
👉Details: https://coinmarketcap.com/academy/article/mixin-network-hit-by-dollar200m-exploit-on-cloud-service-provider
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HTX, Previously Huobi, Lost $7.9M to Hack, Offers Hacker Bounty and a Job: HTX, a Seychelles-based cryptocurrency exchange, was hacked, resulting in a loss of 5,000 ETH (worth $7.9 million).
👉Details: https://coinmarketcap.com/academy/article/htx-previously-huobi-lost-dollar79m-to-hack-offers-hacker-bounty-and-a-job
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Hong Kong Police Seeks Interpol’s Help To Arrest JPEX Leaders: The leaders behind the alleged scandal involving crypto exchange JPEX have managed to evade authorities so far.
👉Details: https://coinmarketcap.com/academy/article/hong-kong-police-seeks-interpols-help-to-arrest-jpex-leaders
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Derivatives Brokerage Firm Founded by Ex-FTX US President Gets NFA Approval: Architect Financial Technologies, the startup founded by former FTX US president Brett Harrison, has received approval from the National Futures Association (NFA) for its subsidiary.
👉Details: https://coinmarketcap.com/academy/article/derivatives-brokerage-firm-founded-by-ex-ftx-us-president-gets-nfa-approval
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Korea's Blockchain Developments Set To Impact Institutional Finance: South Korea's Busan City to establish the country's first city-backed digital asset exchange.
👉Details: https://coinmarketcap.com/academy/article/koreas-blockchain-developments-set-to-impact-institutional-finance
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Ben Armstrong, Formally Bitboy, Asks Fans for Donations To Fight Ongoing Lawsuit: Ben Armstrong, formally known as Bitboy, has asked his followers for donations to raise funds for his legal defense.
👉Details: https://coinmarketcap.com/academy/article/ben-armstrong-formally-bitboy-asks-fans-for-donations-to-fight-ongoing-lawsuit
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Venmo Users Can Now Use Paypal’s PYUSD: PayPal has taken steps to increase availability of its US dollar-pegged stablecoin PYUSD with a new integration on Venmo.
👉Details: https://coinmarketcap.com/academy/article/venmo-users-can-now-use-paypals-pyusd
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Toncoin Enters Top 10 Cryptocurrencies Following Telegram Crypto Wallet Launch: Toncoin (TON), the native cryptocurrency of The Open Network, has become the 10th largest cryptocurrency by market capitalization, surpassing Justin Sun’s Tron (TRX).
👉Details: https://coinmarketcap.com/academy/article/toncoin-enters-top-10-cryptocurrencies-following-telegram-crypto-wallet-launch
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Philippines SEC Joins Forces With US Counterpart and ADB To Fight Crypto-Related Crimes: Philippines SEC strengthens enforcement capacity with US and ADB collaboration.
👉Details: https://coinmarketcap.com/academy/article/philippines-sec-joins-forces-with-us-counterpart-and-adb-to-fight-crypto-related-crimes
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Japan’s Largest Investment Bank Nomura Launches Bitcoin Adoption Fund: Laser Digital Asset Management, a subsidiary of the largest Japanese investment bank Nomura, has launched the Bitcoin Adoption Fund.
👉Details: https://coinmarketcap.com/academy/article/japans-largest-investment-bank-nomura-launches-bitcoin-adoption-fund
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FTX Sues Sam-Bankman Fried’s Parents for Stealing Millions From the Failed Exchange: Debtors of the defunct cryptocurrency exchange FTX have filed a lawsuit against FTX founder Sam Bankman-Fried's (SBF) parents.
👉Details: https://coinmarketcap.com/academy/article/ftx-sues-sam-bankman-frieds-parents-for-stealing-millions-from-the-failed-exchange
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UK’s Bill To Freeze Illicit Crypto Assets Reaches Final Stage: The UK House of Lords has pushed the Economic Crime and Corporate Transparency Bill to the final stages for approval.
👉Details: https://coinmarketcap.com/academy/article/uks-bill-to-freeze-illicit-crypto-assets-reaches-final-stage
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New Proposal “Runes” by Bitcoin Ordinals Creator Aims To Improve Popular BRC-20 Standard: The inventor of the Ordinals protocol, Casey Rodarmor, has proposed an alternative to the popular BRC-20 token standard launched earlier this year.
👉Details: https://coinmarketcap.com/academy/article/new-proposal-runes-by-bitcoin-ordinals-creator-aims-to-improve-popular-brc-20-standard
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SEC Delays ARK Invest Spot Bitcoin Decision Ahead of November 11 Deadline: The US Securities and Exchange Commission (SEC) has pushed back its decision on several Bitcoin spot ETF applications.
👉Details: https://coinmarketcap.com/academy/article/sec-delays-ark-invest-spot-bitcoin-decision-ahead-of-november-11-deadline
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Arbitrum Foundation Sends $56M of Unclaimed ARB to the DAO Treasury as Airdrop Ends: Arbitrum, a leading layer-2 scaling solution for Ethereum, has transferred unclaimed tokens from its airdrop to its treasury.
👉Details: https://coinmarketcap.com/academy/article/arbitrum-foundation-sends-dollar56m-of-unclaimed-arb-to-the-dao-treasury-as-airdrop-ends
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Michael Saylor’s Microstrategy Buys Another $147M of Bitcoin: MicroStrategy, the largest corporate holder of Bitcoin (BTC), has announced its latest purchase of approximately 5,445 BTC for $147.3 million in cash.
👉Details: https://coinmarketcap.com/academy/article/michael-saylors-microstrategy-buys-another-dollar147m-of-bitcoin
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Arkham: Coinbase’s Bitcoin Holdings Comparable to Bitcoin Owned by Founder Satoshi Nakamoto: Coinbase, the largest cryptocurrency exchange in the United States, is said to have about $25 billion in Bitcoin reserves.
👉Details: https://coinmarketcap.com/academy/article/arkham-coinbases-bitcoin-holdings-comparable-to-bitcoin-owned-by-founder-satoshi-nakamoto
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OpenSea Warns API Users of Third Party Security Breach: The prominent NFT marketplace OpenSea has issued a warning to some customers about a recent security compromise that may have exposed their API keys.
👉Details: https://coinmarketcap.com/academy/article/opensea-warns-api-users-of-third-party-security-breach
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Ethereum’s Dencun Upgrade Could Be Delayed to Early 2024: The deployment of Ethereum's Deneb-Cancun (Dencun) upgrade, aimed at addressing scalability issues, may face a potential delay until early next year.
👉Details: https://coinmarketcap.com/academy/article/ethereums-dencun-upgrade-could-be-delayed-to-early-2024
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Mt Gox Trustee Extends Repayment Deadline For Creditors by One Year, Estate Holds $3.8B in Bitcoin: The deadline to repay creditors has been pushed out from October 31, 2023 to October 31, 2024 with approval from the Tokyo District Court.
👉Details: https://coinmarketcap.com/academy/article/mt-gox-trustee-extends-repayment-deadline-for-creditors-by-one-year
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Australian Securities and Investments Commission Charges Kraken Over Margin Trading Product: The Australian Securities and Investments Commission (ASIC) has commenced legal action against cryptocurrency exchange Kraken's Australian provider Bit Trade.
👉Details: https://coinmarketcap.com/academy/article/australian-securities-and-investments-commission-charges-kraken-over-margin-trading-product
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Tether Buys $420M Worth of Nvidia GPUs To Capitalize on AI Boom: Tether Group, the company behind the stablecoin Tether (USDT), has purchased 10,000 Nvidia H100 graphics processing units (GPUs).
👉Details: https://coinmarketcap.com/academy/article/tether-buys-dollar420m-worth-of-nvidia-gpus-to-capitalize-on-ai-boom
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Eclipse Launches Ethereum Layer-2 Running on the Solana Virtual Machine: Eclipse has announced the mainnet launch of its new general-purpose layer 2 scaling solution powered by the Solana Virtual Machine (SVM).
👉Details: https://coinmarketcap.com/academy/article/eclipse-launches-ethereum-layer-2-running-on-the-solana-virtual-machine
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Chainalysis: India Ranks Second Globally in Crypto Transaction Volume: India has emerged as the world's second-largest crypto market in terms of raw transaction volume, surpassing the UK, Turkey, and Russia According to a recent Chainalysis report.
👉Details: https://coinmarketcap.com/academy/article/chainalysis-india-ranks-second-globally-in-crypto-transaction-volume
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Standard Chartered’s Zodia Custody Launches Staking Service: Zodia Custody, Standard Chartered's crypto subsidiary, is teaming up with OpenEden to create the "Zodia Custody Yield" service.
👉Details: https://coinmarketcap.com/academy/article/standard-chartereds-zodia-custody-launches-staking-service
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DeFi Protocol Balancer Frontend “Under Attack,” $238K Stolen: Balancer, an Ethereum-based decentralized finance (DeFi) automated market maker (AMM) protocol, has warned users to avoid its website following an attack on its frontend.
👉Details: https://coinmarketcap.com/academy/article/defi-protocol-balancer-frontend-under-an-attack-dollar238k-stolen
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Thailand's New Tax Policy Targets Crypto Traders: Crypto traders in Thailand to face stricter tax regulations on overseas income.
👉Details: https://coinmarketcap.com/academy/article/thailands-new-tax-policy-targets-crypto-traders
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