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⛔ Compound Finance Website Appears Hijacked, ZachXBT Warns
The Compound Finance website has apparently fallen victim to a hijacking incident, according to crypto investigator ZachXBT.
💸 Terraform Labs to Sell 4 Businesses Amid Bankruptcy Proceedings
Bankrupt crypto firm Terraform Labs has announced plans to sell four of its businesses as part of a $4.5 billion deal with the SEC.
Crypto Exchange BitMEX Pleads Guilty to AML Breaches Under Bank Secrecy Act
Crypto exchange BitMEX pled guilty to violating the Bank Secrecy Act for not establishing an effective anti-money laundering program.
🏦 Goldman Sachs to Introduce Three Tokenization Initiatives in 2024
Goldman Sachs is set to launch three tokenization projects by the end of 2024, targeting money market funds and real estate on public or private blockchains.
⛏️Core Scientific New Mining Chips from Block to Boost Hashrate by Nearly 15 EH/s
The Block’s 3-nanometer ASICs are expected to substantially boost Core Scientific’s mining capacity, which currently stands at 24.6 EH/s, by nearly 15 EH/s.
SKALE Labs Launches Pacifica to Speed up Block Mining
Ethereum scaling project SKALE Labs has launched the Pacifica V3 upgrade which will speed up block mining and transactions.
🐋🪙Whale Moves 16,447 ETH Ahead of Ethereum Spot ETF Launch
Excitement around the Ethereum spot ETF launch is building, and a recent whale transaction has intensified speculation. A transfer of $50.3 million worth of ETH from a Binance wallet to a new address has sparked debate about its potential impact on the market.
📊 Bitcoin Volatility, Returns, and Drawdowns ‘Compress’ as the Asset Matures – Glassnode & CME Report
While following a similar post-halving trajectory, the 2024 BTC market saw smaller downturns compared to its predecessors, with analysts expecting drops in volatility and returns in the future as well, according to the ‘Digital Assets: Insights and Market Trends’ report, a joint publication of major derivatives marketplace CME Group and market intelligence provider Glassnode.
European Investors Get More Crypto Options as 21Shares Launches New ETPs
Crypto asset manager 21Shares has launched three crypto ETPs on Euronext Paris and Amsterdam, looking to grow its offerings.
Tether, VBA Partner to Foster Blockchain Education in Vietnam
The partners aim to conduct series of blockchain educational workshops and conferences, “fostering knowledge-sharing and capacity-building.”
Coinbase to Launch Gateway for Everything Onchain at EthCC 7
Coinbase has launched a new web wallet application which will give users a hub for all onchain activities.
📈 Bitcoin Spot ETFs Record Strong Net Inflow of $216M as Investors Buy the Dip
Spot Bitcoin ETFs saw a combined net inflow of $216.33 million on Tuesday, marking the third consecutive day of positive flows.
Senator Marsha Blackburn Latest to Accept Crypto Donations for Re-election Campaign
🇺🇸 US Republican Senator Marsha Blackburn said that her re-election campaign accepts donations in Bitcoin, Ethereum, Dogecoin, Litecoin, among others.
🏦 Zodia Markets Plans Acquisition of Elwood Capital’s OTC Unit
Standard Chartered’s crypto subsidiary Zodia Markets is reportedly in talks to acquire the OTC business of Alan Howard-backed Elwood Capital.
📰 UK’s Potential New City Minister Tulip Siddiq Could Back Tokenization
Labour's Tulip Siddiq, reportedly set to become the UK’s City Minister, is expected to support tokenization and digital asset initiatives to boost the country's status as a global crypto hub.
⛏️ Texas Jury Acquits Crypto Miner Marathon of Noise Violations Following Local Residents' Complaints
A Texas jury has acquitted Marathon Digital's site manager of 12 noise violations linked to the company's mining operations near Granbury.
Jack Dorsey's Block Strikes Deal to Supply Bitcoin Mining Chips to Core Scientific
Jack Dorsey's financial services company Block has sold its first Bitcoin mining chips to Core Scientific.
Crypto Industry Leaders Confront White House on Regulatory Challenges
Top crypto industry leaders reportedly met with a senior White House official in Washington on Wednesday, discussing regulatory concerns.
👮Cyprus Issues Alert to Accounting Professionals to Combat Crypto Terror Financing
Cyprus issued a critical alert urging accounting professionals to bolster their monitoring to combat the use of crypto in terrorist financing.
📰 Tech Coalition Encourages Joe Biden to Support Crypto Regulation
The Chamber of Progress tech coalition has urged President Joe Biden to advocate for crypto regulation before the November U.S. election.
📰 Illinois Court Says Bitcoin And Ethereum Are Digital Commodities: CFTC Chair
CFTC Chairman Rostin Behnam says an Illinois court has confirmed that Bitcoin and Ethereum are digital commodities instead of securities.
⌛ Ethereum ETFs Near 'Finish Line’ as SEC Discusses Other ETFs
Ethereum ETFs might be coming soon. Bitwise CCO Katherine Dowling says "fewer and fewer" issues are popping up in S-1 filings, signaling a potential green light from the SEC.
👨💻 Scam Operators Flourish on Huione Guarantee, Elliptic Research Reveals
Huione Guarantee, an online marketplace operated by Huione Group, has been involved in facilitating online scams in Southeast Asia.
⛏️ Bernstein: Bitcoin Miners Offer Strategic Advantage in AI Data Center Projects
Bitcoin miners are emerging as attractive partners for the construction of AI data centers, benefiting from their available power supplies.
👨⚖️ Nigerian Finance Minister Urges SEC Board to Tackle Crypto Regulation Challenges
Nigeria's Minister of Finance has called upon the newly inaugurated board of the SEC to address the complexities of regulating crypto.
📜 Italy's Central Bank to Release Guidelines on Implementing EU Crypto Regulations
Italy's central bank, led by Governor Fabio Panetta, has announced plans to publish guidelines on how to apply the upcoming EU crypto rules.
Bitcoin Rises to $59K After $1 Billion Blow to New Whales
Bitcoin rebounded after a week of declines to trade over $59,000 on Tuesday, but remains 5% lower than last week.
Bitcoin Miner TeraWulf Clears Debt, Plans Operational Upsurge
Bitcoin miner TeraWulf said it no longer has any outstanding debt and is looking to expand its business.
📰 Former FTX Executives Nishad Singh and Gary Wang Await Sentence this Fall
Former FTX executives Nishad Singh and Gary Wang will learn the fates of their court sentences on October 30 and November 20, respectively.
🚨Breaking: Bitwise Faces Multi-Million Dollar Lawsuit Alleging Fraud, Negligence, and 'Pump and Dump' Scheme
Bitwise Asset Management is facing a substantial lawsuit in the New York Supreme Court from Mukamal family alleging that the company's top executives engaged in a "pump and dump" scheme and misled investors,