FTT up 65% after SEC’s Gensler hints FTX restart
FTT rose over 65% despite FTX founder Sam Bankman-Fried’s guilty verdict last week.
SEC in talks with Grayscale for Bitcoin ETF: CoinDesk
The SEC has reportedly been in contact with Grayscale since its court victory in August.
Taiwan identifies new suspects in alleged JPEX fraud case: report
Prosecutors have reportedly identified new suspects after searching nine locations related to JPEX.
Can spot Bitcoin ETFs push Hong Kong to the crypto throne?
Top blockchain and crypto news: Hong Kong mulls Bitcoin ETFs, Ordinals flip Ethereum NFTs, IPO comes full circle.
Grassroots crypto adoption to follow real-world use cases, says Chainalysis APAC policy lead
Blockchain-based gaming and remittances among top drivers toward adoption in central and South Asia.
Standard Chartered’s SC Ventures, SBI Holdings launch crypto investment firm in UAE
The move is part of SC Ventures’ expansion into the United Arab Emirates.
Bitcoin breaks US$36,000 as SEC enters potential ETF approval period
Bitcoin is up over 32% in the past month.
EBA proposes new liquidity guidelines for stablecoin issuers
The proposed guidelines will work as a liquidity stress test for stablecoin issuers, according to the EBA.
HSBC plans tokenized securities custody service with Ripple’s Metaco
HSBC’s new service is expected to launch in 2024.
Binance introduces self-custody Web3 wallet
Binance said it aims to onboard the next billion Web3 users with its new wallet.
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.
Mitsubishi UFJ launches joint stablecoin study with Ginco, Progmat
The joint study aims to create the infrastructure for issuing regulatory-compliant stablecoins for improved cross-border settlement.
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.
Dubai’s ascent to fintech, Web3 and AI dominance
While Hong Kong and Singapore compete for the top spot, Dubai is already shaping the future of fintech and Web3, writes Mohammad Alblooshi, chief executive officer of the DIFC Innovation Hub.
Moody’s unveils AI that predicts stablecoin depegging
The artificial intelligence service is designed to predict the depegging of stablecoins in 24-hours.
Proof Group among three top bidders for FTX relaunch: report
Proof Group is also part of the group that won the bid for bankrupt crypto lender Celsius.
Bank of England, FCA to regulate sterling-denominated stablecoins
The central bank expects to release the final set of regulations by 2025.
Yuga Labs, Magic Eden to launch Ethereum NFT marketplace with enforced royalties
Magic Eden Ethereum will be the first major marketplace to contractually obligate creator royalties.
SBF conviction closes “dark chapter” in crypto: Yat Siu
Siu said this marks the crypto industry’s evolution from the FTX collapse and the Terra-Luna meltdown.
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.
Okto pledges US$5 mln to support Vauld users
The US$5 million fund aims to help Vauld users who can’t withdraw their assets from the platform.
SOL up over 21% in a year since Alameda’s balance sheet hole came to light
SOL rose over 319% in 2023 so far, despite concerns around FTX’s lawsuit.
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.
PayPal subpoenaed by SEC over PYUSD Stablecoin
PayPal said that it is collaborating with the SEC’s request.
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
SBF trial enters final stage; Bankman-Fried lied about spending customer funds, prosecutors say in closing arguments
Bankman-Fried trial nears end: defense claims good faith as prosecution alleges misuse of funds.
Nomura-backed Komainu partners Crypto Garage for institutional crypto services
The collaboration aims to build institutional crypto services in Japan.
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?
Mad Lads creator Backpack to launch licensed crypto exchange in Dubai
Backpack said it also secured operational licenses in other jurisdictions.
Sam Bankman-Fried’s credibility questioned by prosecutors during cross-examination
Prosecutors pointed out inconsistencies in Bankman-Fried’s public statements before FTX collapsed in a four-hour grilling.
Singapore, Japan, Switzerland and U.K. to collaborate on digital assets pilots
The MAS said that its previous tokenization pilots demonstrated great potential benefits of the technology.
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
Standard Chartered’s Zodia Custody to launch in Hong Kong
The move is part of an Asia Pacific expansion effort by the cryptocurrency custodian.
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.
Neo sets sights on DeFi, unveils EVM-compatible sidechain
Neo’s new sidechain hopes to counter MEV attacks to mitigate exploits and manipulations.
Taiwan introduces crypto regulation proposal
Taiwan’s new bill mandates crypto platform permits, addressing self-regulation gaps.
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.
Mastercard explores partnerships with crypto wallets MetaMask, Ledger: CoinDesk
Mastercard’s potential tie up with custody service providers may turbocharge crypto wallets’ growth with its global payments prowess.
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?
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.
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.
Philippines’ Coins.ph may have lost US$6 million worth of XRP in hack: The Block
Coins.ph, a cryptocurrency exchange based in the Philippines with millions of users, appeared to have lost 12.2 million XRP tokens, The Block reported on Friday.
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.
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.
SEC drops all charges against Ripple’s CEO Garlinghouse and co-founder Larsen
The XRP token rose over 6% on the day after the SEC dismissed the charges against Ripple’s top executives.
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.
Lightning Labs to enable stablecoins on Bitcoin ecosystem with Taproot Assets
Taproot Assets will “accelerate the process of bringing Bitcoin to those billions of people,” according to Lightning Labs.
ECB to kick off digital euro preparation phase on Nov. 1
The central bank said that the preparation phase is not a decision on the issuance of a digital euro.
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.
Over 40% of Hong Kong investors shun digital assets post-JPEX Scandal, survey reveals
The survey aimed to measure the public attitude towards virtual asset investments, following the JPEX incident.
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.
SUI Foundations denies supply manipulation allegations
SUI fell to a new all-time low on Wednesday following supply manipulation allegations, which the Sui Foundation denies.