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Crypto phishing scams drained $46M in September

Over $127 million was stolen in Q3 2024 due to phishing attacks, with September alone seeing losses of $46 million.

Web3 game asset ownership is worthless without interoperability

There’s no point in owning game assets if you can’t use them on other platforms.

Whale sell-offs and token unlocks weigh on Bitcoin — 10x Research

Institutional inflows, while stabilizing, haven’t overcome whale sell-offs and massive token unlocks driving down Bitcoin prices.

Coinbase to delist noncompliant stablecoins under EU MiCA rules

Coinbase will delist noncompliant stablecoins from its European platform by the end of December to comply with the EU’s MiCA regulations.

Vietnam police bust crypto scam ring linked to offshore actors

Vietnamese police arrest five individuals linked to a crypto scam network, unraveling an offshore-led operation targeting unsuspecting victims.

Ethereum inflation rises, threatens ‘ultrasound money’ status: Report

Ethereum’s inflation rate hit a two-year high as layer-2 solutions curb transaction burns, challenging its deflationary promise, according to a new Binance Research report.

XRP’s ETF hopes after SEC appeal depend on US election: Analysts

XRP holders were on a high after the first XRP ETF application was filed, only to see hopes dim after the SEC’s Ripple appeal. The race is on between Solana and XRP to become the first US altcoin ETF.

Brazil tests DeFi elements, compatibility in Drex CBDC pilot

Brazil’s central bank is developing a synthetic central bank digital currency that blends decentralization, privacy and programmability.

Bitcoin analysis sees BTC price gains on Coinbase premium golden cross

Bitcoin demand in the US is "strong," but can the Coinbase premium save BTC price action from further downside?

Man turns $88K into $415M with Tesla, then sues after losing it all

Christopher DeVocht made a large share of his wealth from Tesla options before its share price tanked in 2022, triggering a cascade of problems for the trader.

Crypto startup accuses SEC of ‘massive regulatory land grab’

Lejilex asked a Texas federal court for a preemptive ruling that would clear it from any potential SEC enforcement action before it launches a crypto exchange. 

Buying this Bitcoin dip is a ‘no-brainer’ — Hedge fund manager

Lekker Capital chief investment officer Quinn Thomspon says this week’s Bitcoin dip shows a “clear invalidation” when compared to previous price stumbles. 

US and SEC back crypto sales suit against Nvidia in Supreme Court

The DOJ and the SEC say they have “strong interest" in the case and argue that the class-action suit should proceed.

‘Uptober’ mentions on social media plummet amid crypto rout

“Uptober” fever has been waning on social media as crypto markets have shed $200 billion since the start of October, according to Santiment. 

TeraWulf sells its 25% stake in Nautilus Cryptomine for $92M

TeraWulf said it will use the proceeds to buy cheaper Bitcoin miners and expand its AI and high-performance computing streams.

Hackers have started using AI to churn out malware

Researchers at HP found a malware program written by generative AI “in the wild” while investigating a suspicious email.

Record $56M CryptoPunk more likely a publicity stunt, says observer

Everyone’s talking about a newly sold $56 million CryptoPunk NFT, however, the transaction isn’t what it appears to be. 

Emerging trend could see Solana ‘seriously challenge’ Ethereum: Sygnum

Solana still has serious ground to cover, but if major financial institutions start showing a preference for Solana, things could change.

Suspicious arrest of crypto scam reporter, Japan’s pro-crypto PM: Asia Express

Global outcry as Cambodia arrests crypto scam investigator, Japan’s new Prime Minister supports crypto, and more: Asia Express.

SUI blockchain explained: Is it the future of decentralized networks?

Learn about SUI blockchain’s innovative architecture, scalable solutions, and its potential to reshape the landscape of decentralized networks.

Director who identified QAnon authors says HBO doc will expose Satoshi

Cullen Hoback’s previous work brought the conspiracy theory group to light, but it remains to be seen if he’s truly unmasked the creator of Bitcoin.

Bullish Bitcoin traders switch sides and target new BTC lows under $60K

Traders agree that Bitcoin’s short-term price prospects are strongly angled toward the downside. 

Geopolitical tensions, US elections favor Bitcoin ‘debasement trade’: JPMorgan

If Donald Trump wins the United States presidential elections in November, the trend could accelerate, according to the report.

Zetrix brings digital ID verification to Chinese nationals abroad

The Malaysian blockchain is the international supernode operator of China’s public Xinghuo blockchain.

'Every meme coin is a rug pull in the works' — Mark Cuban

According to CoinGecko, memecoins were the biggest crypto narrative in the second quarter of 2024, with a 14.3% share of all transaction volume.

PayPal, Ernst & Young settle first corporate payment via PYUSD stablecoin

PayPal deepens its push into PYUSD for business transactions, making its first payment using the stablecoin.

Ethereum price falls 12% in 2 days — Are investors running out of reasons to hold ETH? 

Selling from ETH ICO participants and a lack of demand for the spot Ether ETF could be contributing to Ethereum’s price downside.

CFTC reportedly mulling accepting digital assets as trading collateral

The proposal faces multiple steps before approval, but its passage could ultimately be a boon for the digital assets market.

IMF pressures El Salvador to overhaul Bitcoin regulations

According to the International Monetary Fund, El Salvador has an annual GDP growth rate of 3% and roughly $144 million in outstanding loans.

Bitcoin investors in ‘better position’ as onchain metrics signal market shift — Glassnode

Despite this week’s sell-off, onchain and technical data highlight an encouraging shift in the Bitcoin market.

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