Circle admitted by judge as amicus curiae in SEC vs Binance lawsuit: Report
The orders to pass the pending motion come just a day before the key hearing between Binance and SEC on Oct. 12.
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Crypto lending invalidated by Chinese court in second landmark ruling
The plaintiff, Mr. Ming, will have no judicial relief to recoup his 80,000 Tether loan after its borrower defaulted.
Court approves Genesis settlement of $175M to FTX, expunges billions in claims
Genesis reportedly said the $175 million settlement was “fair and equitable,” while FTX creditors wanted to contest it.
Platypus DeFi loses $2.2M in another flash loan exploit
The attack marks the third time Platypus has been exploited in 2023, with one incident taking $8.5 million in February and another taking $157,000 in July.
Caroline Ellison testimony: SBF bribed Chinese officials for $150M to unfreeze funds
Caroline Ellison, the star witness in the Sam Bankman-Fried criminal trial, testified that SBF tried to use identities linked to Thai sex workers to unfreeze funds before bribing Chinese officials for millions.
Japanese yen-backed digital currency, DCJPY, to go live in July 2024
Digital currency and electronic payments business DeCurret Holdings intends to launch the coin in July 2024.
Coinbase spot trading volume falls by 52% compared to 2022: Report
Coinbase recorded around $76 billion in spot trading volume, sharply declining compared to the same quarter in 2022.
BarnBridge DAO votes to comply with SEC order
The voting ended with an unanimous decision to comply with the SEC’s potential demands and pay fines if necessary.
Trezor releases new hardware wallet and metal private key backup
Trezor is celebrating its 10th anniversary by releasing three new self-custody products, with a focus on providing entry-level devices.
BlackRock seeks court crackdown on 44 copycat sites, some crypto adjacent
The world’s largest asset manager wants to take control of a raft of domain names that have been registered to imitate it.
ARK’s amended spot Bitcoin ETF filing is a ‘good sign’ of future approval
ARK Invest and 21Shares amended spot Bitcoin ETF filing seemingly addresses earlier concerns highlighted by the SEC, which is a good sign of progress, according to Bloomberg’s ETF analysts.
Alameda Research lost $190M to scams and ‘questionable’ blockchains: Whistleblower
Former Alameda Research engineer Aditya Baradwaj says one trader lost more than $100 million after clicking on a fake link.
Decentralized finance yet to pose ‘meaningful risk’ to stability — EU regulator
The European Securities and Markets Authority argued that DeFi was still too small to pose any sizeable risks to overall financial stability, but should be monitored.
WOO Network to sever ties with Three Arrows Capital after share buyback
WOO Network said it had agreed to repurchase all the tokens and equity previously held by collapsed hedge fund Three Arrows Capital.
Stars Arena recovers 90% of stolen funds after offering $257K bounty
The exploiter of the Web3 social media platform agreed to keep a 10% bounty in exchange for returning the remainder of the stolen funds.
Lido Finance discloses 20 slashing events due to validator config issues
The initial impact amounted to 20 Ether, worth $31,000, while the validator involved has now been taken offline.
Binance, Snapchat and capital among things SBF was 'freaking out about'
Former FTX CEO Sam Bankman-Fried was once “freaking out about” getting regulators to crack down on Binance and raising capital from a Saudi Crown Prince, according to Alameda former CEO Caroline Ellison.
USDR stablecoin depegs to $0.53, but team vows to provide solutions
Real-estate-backed stablecoin USDR fell to $0.53 per coin on Oct. 11, but the team said it was merely a liquidity issue and that real estate holdings and digital assets will be used to support redemptions.
US stocks rise as traders wait for inflation data
All US stock indices rose on October 11, as traders awaited consumer price index data to be released on the 12th.
US lawmakers urge IRS to implement crypto tax reporting requirements before 2026
The crypto tax reporting requirements proposed by the IRS in August are currently scheduled to go into effect in 2026 — according to 7 senators, that isn't soon enough.
First Abu Dhabi Bank completes cross-border payments testing on JPMorgan Onyx
The FAB pilot follows Bank ABC’s in Bahrain. JPMorgan also just launched its Tokenization Collateral Network on Onyx.
Inflation and war impact markets, but Paul Tudor Jones says, ‘I love Bitcoin and gold’
Billionaire investor Paul Tudor Jones says he is bearish on U.S. stocks, and bullish on Bitcoin and gold.
Hata receives in-principle approval to be fifth Malaysian digital exchange
The new exchange was founded by an executive from Malaysian market leader Luno. It will target investors, businesses, and high-net-worth individuals.
Was Chainlink’s (LINK) 35% rally just a buy rumor, sell the news event?
LINK outperformed most cryptocurrencies in September, but the recent correction raises questions on the sustainability of the bullish momentum.
Nothing to see here: OpenSea denies exec involved in $60M rug pull: Nifty Newsletter
Both NFT Ethics and blockchain analytics account Lookonchain allege that the OpenSea exec played a key role in hyping the AnubisDAO project to investors.
Price analysis 10/11: BTC, ETH, BNB, XRP, SOL, ADA, DOGE, TON, DOT, MATIC
Bitcoin and select major altcoins are under pressure as the September Producer Price Index report shows wholesale inflation surged to 0.5%, exceeding the markets' expectation.
CoinMarketCap launches ChatGPT plugin
The plugin is free to use and features up-to-date crypto data sourced from CoinMarketCap.
Sam Bankman-Fried considered selling FTX equity to Saudi crown prince, says Caroline Ellison
Testimony from the former Alameda Research CEO continued on the sixth day of Sam Bankman-Fried’s criminal trial, delving into potential investments prior to FTX’s bankruptcy.
Less than 50% of Hong Kong retail crypto investors aware of relevant regulations: Survey
Hong Kong has allowed retail crypto trading since June.
Bitcoin hits 2-week low on US inflation data — When will BTC price bounce?
BTC price downside follows renewed inflation fears amid a prediction that Bitcoin might only reverse upward in December.