Tether attestation shows cash and cash equivalents of 86% as loans declineTether’s newest reserve attestation shows the highest-ever percentage of cash equivalents, with most reserves consisting of U.S. T-bills and repurchase agreements.Oct 31, 2023Tom Blackstone
SBF criminal trial moves to closing argumentsBankman-Fried pleaded not guilty to all seven counts of fraud charges related to the collapse of crypto exchange FTX.Oct 31, 2023Zhiyuan Sun
October sees a comparative lull in crypto crime with losses of $32.2M: CertiKThere is no clear downward trend in crypto crime, but a quiet month is undoubtedly more than welcome in the Web3 community.Oct 31, 2023Derek Andersen
‘Sodl’ too soon: US gov’t missed Bitcoin gains now total $6BThe second-biggest BTC “investor” in the world after Satoshi Nakamoto is staring down 10-figure losses.Oct 31, 2023William Suberg
SBF says spending FTX customers’ money was part of ‘risk management’: ReportAt the time of bankruptcy, FTX faced a shortfall of $8 billion owed to its customers.Oct 31, 2023Zhiyuan Sun
Ethereum layer 2s will continue to have diverse approaches to scaling — Vitalik ButerinEthereum co-founder Vitalik Buterin pens an analysis of Ethereum’s layer-2 ecosystem, highlighting diverse approaches to scaling the smart contract blockchain.Oct 31, 2023Gareth Jenkinson
Siemens and Microsoft partner to push AI adoption in industrial sectorsMicrosoft and Siemens revealed a new generative AI assistant catering to professionals in the manufacturing, healthcare, transportation and infrastructure industries.Oct 31, 2023Savannah Fortis
Slumdog billionaire: Incredible rags-to-riches tale of Polygon’s Sandeep NailwalSandeep Nailwal’s life story is an incredible rags-to-riches tale that goes one better than Oscar-winning film “Slumdog Millionaire.”Oct 31, 2023Andrew Fenton
From payments to DeFi: A closer look at the evolving stablecoin ecosystemThe stablecoin ecosystem has evolved significantly over the years, with new regulations and models shaping the landscape.Oct 31, 2023Anthony Clarke
Crypto startup Bastion secures money transmitter licenses in USLaunched in September by two former Andreessen Horowitz executives, Bastion has acquired its first two money transmitter licenses in New Hampshire and Arkansas.Oct 31, 2023Helen Partz
Warren Buffett’s ‘crypto stock’ beats Apple and Amazon — but not BitcoinBuffett’s bet on crypto-friendly Nubank has put Berkshire Hathaway $130 million in profit already this year.Oct 31, 2023Yashu Gola
Sam Bankman-Fried lawyers pitch for changes to judge’s jury instructionBankman-Fried’s attorneys have made several requests in the past few months, ranging from early bail to vegan food and prescription drugs.Oct 31, 2023Prashant Jha
Crypto horrors: Tales of lost Bitcoin walletsFrom accidental deletions to enigmatic heists, lost Bitcoin tales emphasize the paramount importance of stringent security measures in the crypto world.Oct 31, 2023Dr. Guneet Kaur
No concerns over Bitcoin halving supply shock, says Bitvavo CEOThe CEO of Dutch cryptocurrency exchange Bitvavo believes market dynamics will cater to the potential skyrocketing demand for Bitcoin in 2024.Oct 31, 2023Gareth Jenkinson
TikTok, Snapchat, OnlyFans and others to combat AI-generated child abuse content Major social platforms, AI companies, governments and NGOs issued a joint statement pledging to combat AI-generated abusive content, such as explicit images of children.Oct 31, 2023Savannah Fortis
Crypto asset manager Valkyrie amends spot Bitcoin ETF filingWith the latest spot BTC ETF amendments by Valkyrie and VanEck joining at least six others to make similar changes, five other spot Bitcoin ETF filings are yet to be amended.Oct 31, 2023Helen Partz
Rising M2 money supply will see crypto become ‘supermassive black hole’ — Raoul PalHistorically, the cryptocurrency market has benefited from the rise in global money supply, as the majority of bull runs in the past coincided with the rise in fiat supply.Oct 31, 2023Prashant Jha
Kenya to introduce digital IDs for citizens by year-endThe Kenyan government plans to roll out its digital identification system in December 2023 after the testing period, which will take a couple of months.Oct 31, 2023David Attlee
There are now nearly 40M Bitcoin addresses in profit — A new record80% of Bitcoin addresses are “in the black” at $34,000, while BTC’s price still trades 50% below its own all-time highs.Oct 31, 2023William Suberg
Web3 gaming investors more ‘choosy’ in crypto winter — Animoca’s Robby YungAnimoca Brands CEO Robby Yung says investors have been more discerning when allocating capital to Web3 gaming projects during crypto winter.Oct 31, 2023Gareth Jenkinson
Spain to implement MiCA six months ahead of July 2026 deadlineThe country said EU crypto rules will come into force in December 2025, ahead of the general deadline for implementing MiCA for all 27 member states of the EU.Oct 31, 2023David Attlee
Unibot contract $560K exploit crashes token price by more than 40%Amid ongoing investigations from Unibot and blockchain investigators, Scopescan advised users to revoke the approvals for the exploited contract and move the funds to a new wallet.Oct 31, 2023Arijit Sarkar
US judge deals blow to artists in copyright suit over AI-generated artA judge mostly sided with Midjourney, DeviantArt and Stability AI’s bid to dismiss the artists’ class-action lawsuit that accused the firms of copyright infringement.Oct 31, 2023Jesse Coghlan
Hong Kong advances CBDC pilot, bringing e-HKD trials to phase 2Phase one was dedicated to full-fledged payments, programmable payments, offline payments, tokenized deposits and the settlement of Web3 transactions and tokenized assets.Oct 31, 2023Arijit Sarkar
Bitcoin white paper turns 15 as Satoshi Nakamoto’s legacy lives on“I’ve been working on a new electronic cash system that’s fully peer-to-peer, with no trusted third party,” Satoshi wrote in an Oct. 31 email in 2008.Oct 31, 2023Brayden Lindrea
Are Bitcoin ETFs headed for one epic Gensler ‘rugpull?’ Analysts weigh inWhile unlikely, Bloomberg’s ETF analysts conceded there’s always a possibility that SEC Chair Gary Gensler could be waiting until the last moment to deny the flurry of pending spot Bitcoin ETF applications.Oct 31, 2023Tom Mitchelhill
Do Kwon and Terraform Labs ask judge to toss SEC’s lawsuitDo Kwon, the co-founder of the now-collapsed Terra ecosystem, maintains he and his firm did not skirt U.S. securities laws.Oct 31, 2023Jesse Coghlan
Twitter is now worth half of the $44B Elon Musk paid for it: ReportAccording to an internal memo reportedly circulating within X, the company is now valued at just $19 billion.Oct 31, 2023Tom Mitchelhill
‘I don’t own Bitcoin, but I should’ — Legendary investor DruckenmillerVeteran investor Stanley Druckenmiller praised Bitcoin for establishing its own “brand” during an interview with hedge fund manager Paul Tudor Jones.Oct 31, 2023Brayden Lindrea
Bitcoin options data highlights traders’ belief in further BTC price upsideOpen interest on Bitcoin options recently hit a year-to-date high, but what is fueling this newfound bullish sentiment?Oct 30, 2023Marcel Pechman