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Circle reportedly considering 2024 IPO: Bloomberg

Circle has previously tried to go public through a blank-check deal back in 2022.

Ripple partners with Onafriq for African cross-border payment channels

The partnership aims to reduce the high costs and lengthy transfer times associated with traditional remittance payments.

SEBA crypto bank receives license in Hong Kong

Hong Kong’s legal system provides a solid foundation for crypto-related services, said SEBA Group CEO Franz Bergmueller.

NFTs are mainstream again?

The Simpsons dedicates its annual Halloween special to NFTs, as data signals continued uptrend in the NFT market.

What we can learn from the sunsetting of Reddit’s crypto rewards program

Reddit’s shortsightedness and fixation on profits ultimately led it to pull the plug on Community Points. But here’s why Reddit should still be commended.

Dubai calls on crypto firms to finalize applications by Nov. 17

Over 1,000 crypto firms will have to complete their applications by Nov. 17 to avoid regulatory consequences.

Bitcoin transaction fees reach 5-month high, Ordinals surpass 38 mln inscriptions

The last time Bitcoin transaction fees were this high was on June 6.

Is Hong Kong really in the forefront of the global digital money race?

Hong Kong is charging ahead in its digital currency initiatives, but more must be done to address the e-HKD’s environmental impact and security concerns.

Bitcoin up 0.25% as U.S. jobs creation slows

Bitcoin was trading above US$34,000, as the decreasing job creation in the U.S. fueled hopes of another interest rate pause.

XRP approved by Dubai’s Financial Services Authority

The XRP token now stands to benefit from legal and regulatory clarity in the DIFC, according to the announcement.

Sam Bankman-Fried found guilty on all charges

Bankman-Fried’s sentencing hearing is scheduled for March 28, 2024.

ProShares launches short Ether ETF

The new ETF will offer investors short exposure to Ether.

PayPal registers crypto service with UK FCA

The registration enables PayPal to advertise its crypto services to U.K. customers.

Tether offers US$610 mln debt financing facility to German Bitcoin miner Northern Data

Tether extends US$610 million loan to boost Northern Data’s AI and Bitcoin mining operations.

SBF trial drama fails to dampen Bitcoin’s meteoric October

Top blockchain and crypto news: Bankman-Fried’s memory lapses, betting on the return of NFTs, ETF dreams and Bitcoin’s Uptober

Circle to cease USDC minting for retail customers

Circle said the account closures do not apply to businesses or institutional Circle Mint accounts.

SBF examined over “cozy relationship” with Bahamian government in fraud trail

This marked Bankman-Fried’s fourth and final day of testimony before Wednesday’s closing arguments.

How blockchain can fortify children’s online safety

Colossal failures in online age verification have opened the floodgates for kids to access harmful content and become ‘friends’ with adult strangers. Can encrypted decentralized IDs put a stop to all that?

NFT’s October treat

October sees NFT resurgence with US$300 million in sales despite negative trade profits; SoFi platforms face challenges amid financial scrutiny.

Mad Lads creator Backpack to launch licensed crypto exchange in Dubai

Backpack said it also secured operational licenses in other jurisdictions.

‘Uptober’ narrative saved by spot Bitcoin ETF bounce

Often dismissed as coincidence, October has once again produced an upswing in the crypto market, with excitement around a potential U.S. spot Bitcoin ETF to thank for this year’s ‘Uptober.’

UK plans to introduce fiat-backed stablecoin rules in early 2024

The U.K. intends to introduce rules on fiat-backed stablecoins in early 2024, according to the government’s latest cryptocurrency policy update published on Monday.  See related article: Singapore, Thailand clarify crypto rules; NFTs become new cultural frontier Fast Facts See related article: Blockchain tech in Thailand gets boost from new pro-crypto lead

Thailand’s Kasikorn Bank buys majority stake in Satang crypto exchange

The lender, known as K-bank, said it will also open three additional crypto subsidiaries.

Take two: Sam Bankman-Fried testifies, for real this time

FTX founder Sam Bankman-Fried denied defrauding anyone as he took to the stand in his criminal trial.

Bitcoin ETF fever sends crypto prices up, SBF trial testimony, Nepal’s blockchain future

Bitcoin soars to its highest price in a year and a half as Grayscale’s legal victory against the U.S. SEC gets finalized.

Taiwan introduces crypto regulation proposal

Taiwan’s new bill mandates crypto platform permits, addressing self-regulation gaps.

Sam Bankman-Fried’s testimony gets a test run as the defense presents its case

In a rare move, Judge Lewis Kaplan sent the jury home early so he can decide what is and isn’t admissible in FTX founder Sam Bankman-Fried’s testimony.

Bitcoin soars amid buzz of potential ETF approval: Is a crypto renaissance on the horizon?

Top blockchain and crypto news: Bitcoin ETF potential pumps life in markets. Ethereum NFTs back on rise. Major industry layoffs continue.

NFTs dressing up as a bull?

Amid Bitcoin’s ‘Uptober’ surge and Friend.tech’s security concerns, traders pivot back to NFTs, spurred by Blur’s rewards end date and potential Bitcoin ETF approvals.

US spot Bitcoin ETFs — crypto’s silver bullet?

Amid news, fake or otherwise, of an imminent approval for at least one spot Bitcoin ETF, Bitcoin’s price has skyrocketed. Could a year of pain in the crypto industry be over?

Parity Technologies, Polkadot blockchain developer, lays off 30% of staff

Parity CEO Björn Wagner said that despite the need for layoffs, the company’s financial health “remains robust.”

Binance challenges CFTC’s global reach in legal clash

Binance hits back at CFTC, stating U.S. laws can’t police global crypto operations; claims Binance.US operates separately.

Bitcoin ETF fever sends BTC to heights not seen since May 2022

As Bitcoin breaks past $35,000, optimism brews in the crypto market. Is this the end of the prolonged ‘crypto winter’ investors have dreaded?

North America retains crypto crown even as US regulatory clouds loom: Chainalysis

The United States is the region’s top driver of crypto activity.

China’s central bank to ‘resolutely curb’ crypto speculation; Hong Kong updates regulations

PBOC to crack down on crypto speculation, as Hong Kong restricts access to certain “complex” virtual asset products.

Is TradFi’s entry into DeFi a turning point or a sign of greater battles ahead?

The pillars of Wall Street are muscling their way into crypto and decentralized finance. Who stands to benefit the most?

Bitcoin briefly rallies above US$30,000 following Grayscale’s new ETF application

Bitcoin gained over 10% this past week, boosted by Grayscale’s renewed spot Bitcoin ETF application.

Dubai’s crypto boom, Australia’s rules & Binance’s battles

Web3 leaders gather in the Future Blockchain Summit in Dubai and we take a deep dive on the woes of crypto’s largest exchange, Binance.

Binance says it signed agreements with new euro banking partners 

Binance announced it has secured new fiat partners for euro services after its former partner cut ties with the exchange last month.

LBRY shuts down operations

LBRY issued a final goodbye to the crypto community before winding down operations.

Grayscale files for new spot Bitcoin ETF on NYSE Arca

Grayscale said that its fund is ready to operate as an ETF upon regulatory approval.

Gemini, Genesis, DCG sued by New York Attorney General

The lawsuit alleges that the companies defrauded over 230,000 investors.

Wallet Wars’ raW Pass NFTs sells out in 5 minutes

Wallet Wars, a Space Invaders-inspired game with a Web3 twist: upgradeable NFT spaceships.”

Coinbase taps Ireland as European hub ahead of MiCA regime

Coinbase said that the regulatory clarity MiCA provides to the industry is “hugely welcome.”

Binance’s rollercoaster week: expansion, setbacks, and the ghost of FTX’s collapse

Top blockchain and crypto news: Is Japan a new frontier for Binance? AI art sweeps NFT sales. ETF buzz electrifies Bitcoin.

OFAC sanctions Gaza-based crypto exchange allegedly linked to Hamas

The U.S. takes action against 10 Hamas-linked entities, including Gaza-based money transfer business and crypto exchange Buy Cash.

UK emerges as world’s third-largest economy in terms of crypto transaction volume: Chainalysis

The U.K. is also listed as the 14th economy on Chainalysis’ Global Crypto Adoption Index.

Trust Wallet’s TWT up 7%, leads top 100 cryptos in gains

TWT price rose over 15% during the past week, after Trust Wallet announced a major rebranding upgrade.

EU adopts new crypto tax rules, mandate data sharing from crypto firms

The new data sharing rules will go into effect 20 days after their publication in the Official Journal.

Rampant scams highlight critical need for greater crypto literacy

The plight of the Philippines — which has a high rate of crypto adoption but is also plagued by fraud — offers a window into why the industry’s ‘do your own research’ mantra isn’t enough.

FTX top lieutenant Nishad Singh bought US$3.7 million house after learning about the exchange’s misuse of customer funds

Nishad Singh testified he bought a house a month before FTX’s collapse despite learning of the exchange’s misuse of customer funds weeks prior.

Binance.US suspends USD withdrawals

Users can still withdraw cryptocurrencies, according to the exchange’s updated terms of use.

Binance Japan — death knell or savior for the nation’s smaller crypto exchanges?

Few tokens and too many exchanges are a bad recipe for Japan’s smaller crypto trading houses. The experts say there’s room for up to five only. So what happens to the little guy now that the world’s largest exchange Binance has rolled back into town?

OSL exchange’s HK$1 billion sale is “factually inaccurate,” says BC Technology

OSL’s parent firm said investors should exercise caution due to the “unusual movement” in the company’s stock price.

Binance halts new user registration in the U.K.

The exchange added that it will also stop releasing new products and services in the country.

Fake BlackRock ETF news prompts US$57 mln in Bitcoin long liquidations

Bitcoin briefly spiked to US$29,388 after the fake post, before tracing back the gains.

FTX exec Nishad Singh testifies on Bankman-Fried’s ‘excessive’ and ‘flashy’ spending

FTX co-founder Nishad Singh testified on Bankman-Fried’s “excessive” spending including political donations coordinated in a group chat titled “Donations Processing.”

Binance: One year on from FTX’s downfall

Inside the world’s largest crypto exchange’s annus horribilis.

A Bitcoin ETF is coming to the US. Here’s what to expect when that happens

A spot Bitcoin ETF will allow BTC be easily tradeable without the headaches and pitfalls of self-custody. Its arrival — likely just around the corner — will mark the moment crypto goes mainstream.

Upbit Singapore receives in-principal license from MAS

Singapore’s major payment institution license will enable Upbit to continue offering regulated digital asset services while awaiting its full license.

Digital frontiers: Alex Tapscott on Web3, AI, and banking’s new dance

From tech monopolies to the synergy of AI and blockchain, Alex Tapscott, author of “Web3: Charting the Internet’s Next Economic and Cultural Frontier,” dissects the trajectories of the digital landscape.

Mastercard’s Ciphetrace VP discusses decade-long maturation of cryptocurrency

Crypto is “part of the future,” said Melissa Wisner, vice president of crypto risk at Ciphertrace, during her panel discussion at D3 Bahamas.

Weekly Market Wrap: Bitcoin falls below US$27,000 following CPI and Israeli conflict

Bitcoin was subdued by the mounting geopolitical concerns around Israel’s war with Hamas and the ongoing FTX lawsuit.

Caroline Ellison told Alameda Research about FTX user deposits last November: Cointelegraph

Alameda Research reportedly did not know about the misuse of FTX user deposits until last November.

Coinbase Q3 trading volume drops 52% from last year

The current crypto bear market caused Coinbase’s trading volume to drop to levels not seen since 2020.

Digital assets are here to stay, Bahamas prime minister says

Bahamian Prime Minister Philip Davis said the island nation will continue to be a pioneer in the digital asset space.

Sam Bankman-Fried planned to raise money from Saudi crown prince, Ellison testifies

Caroline Ellison details how Sam Bankman-Fried planned to raise capital from Saudi Crown Prince Mohammed Bin Salman as FTX struggled to repay lenders.

ESMA says DeFi can bring greater financial inclusion, but warns of volatility risks

The regulator said that DeFi doesn’t pose a risk to financial stability, due to its small size, but said it needs to be monitored in the future.

Ethereum NFT production falls to all-time low in September

NFT production on Ethereum fell to an all-time low in September, as the floor prices of blue-chip NFT collections continued their decline.

Malaysia grants Hata in-principle approval to operate digital asset exchange

The Malaysian Securities Commission has given crypto firm, Hata, a conditional approval to operate a “digital asset exchange” with a “digital broker” license.

Brazilian congressional committee calls for Binance CEO Zhao’s indictment 

The congressional committee accused Changpeng Zhao and three other executives, along with 45 individuals, of running a financial pyramid scheme in the country.

Pudgy Penguins were bred for the NFT Winter

As ‘Floptober’ rattles the NFT world, Pudgy Penguins emerge as unlikely victors, spotlighting the potential of IP-focused tactics.