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๐Ÿšจ
Lloyds Sends Visa $750K in USDC While Banks Are Closed

Lloyds Banking Group used USDC to settle $750,000 in live payment obligations with Visa during a seven-day trial, with funds reaching Visa in under an hour, even over the weekend. The test was the first stablecoin settlement trial between Visa and a major U.K. banking group and crossed both private and public blockchain environments.

๐Ÿ“ฐ Bitcoin.com

#Stablecoin #DeFi #CryptoNews
๐Ÿ“ข @Coindce
๐Ÿ‹ Large BTC Transfer Detected

โ‚ฟ Amount: 2,582 BTC (~$217M)
๐Ÿ”— View on Explorer

Large whale movements can precede significant price action

#WhaleAlert #Bitcoin #BTC
๐Ÿ“ข @Coindce
๐Ÿ“ก
Illinois Delays Controversial Crypto Tax Amid Industry Lawsuit

In brief
- Illinois agreed to push its 0.2% crypto transaction tax back six months, to July 1, 2027, in a joint motion filed in Sangamon County Circuit Court. - The delay stems from a lawsuit by The Digital Chamber and the Illinois Blockchain Association, which are still challenging the tax's constitutionality. - The court must still approve the motion.

๐Ÿ“ฐ Decrypt

#CryptoRegulation #SEC #CryptoNews
๐Ÿ“ข @Coindce
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Zano Says Over $200M in Illicit Tokens Led to 30-Day Blockchain Rewind

Zano has disclosed the bug that forced its extraordinary 30-day blockchain rewind in a recent postmortem. An attacker exploited a missing verification in Gateway Addresses to mint roughly 18.4 million ZANO in a single transaction, then repeated the trick and did the same with fUSD. The first exploit sat unnoticed for nearly a month, while Zanoโ€™s own privacy machinery made the bogus coins increasingly difficult to distinguish from legitimate ones.

๐Ÿ“ฐ Bitcoin.com

#NFT #Web3 #CryptoNews
๐Ÿ“ข @Coindce
๐Ÿ”ด
Near Intents Hacked for $3.8M Days After Denying North Korea-Linked Bitget Hacker

In brief
- Near Intents paused service Thursday after a bug in its Omni deposit and withdrawal layer let an attacker take about $3.8 million. - On-chain sleuth ZachXBT says the funds went to KuCoin and were bridged to bitcoin; Near Intents promises full compensation and has contacted law enforcement. - The NEAR token fell 6.7% to $4.96 following the exploit, two days after Near Intents denied service to a North Korea-linked hacker.

๐Ÿ“ฐ Decrypt

#Chainlink #LINK #CryptoSecurity #CryptoNews
๐Ÿ“ข @Coindce
๐Ÿšจ
21bitcoin Now Pays Interest on Idle Euros, Payable in BTC

Austrian Bitcoin platform 21bitcoin will start paying 1.21% annual interest on customersโ€™ uninvested euro balances from today โ€” and letting them collect it in BTC, with no conversion fee. The company says itโ€™s the first provider in Europe to pay savings interest directly in Bitcoin. The interest covers every euro in the account, including cash waiting for the next savings-plan purchase or reserved for an open limit order, the company said.

๐Ÿ“ฐ Bitcoin Magazine

#Bitcoin #BTC #CryptoNews
๐Ÿ“ข @Coindce
๐Ÿšจ
Peter Todd Joins MARA to Lead Private Mempool Slipstream

Peter Todd has joined the MARA Foundation as lead maintainer of Slipstream, the minerโ€™s private Bitcoin mempool service.  Announced by the foundation on Thursday, the new role will see Todd responsible for developing and running the service. Slipstream lets users send bitcoin transactions straight to MARA Pool, the companyโ€™s mining pool, without going …
This post Peter Todd Joins MARA to Lead Private Mempool Slipstream first appeared on Bitcoin Magazine and is written by Mathew Di Salvo .

๐Ÿ“ฐ Bitcoin Magazine

#CryptoNews
๐Ÿ“ข @Coindce
๐Ÿšจ
Illinois will postpone implementation of crypto tax following lawsuit

Under the legislation, crypto brokers would have been required to impose a 0.2% tax or face potential prison time and fines starting on Jan. Related: Illinois draft crypto tax rules detail DeFi, stablecoin treatment
Digital Chamber CEO Cody Carbone called the delay a โ€œmajor winโ€ for the crypto industry but said that the organization would continue to attempt to overturn the tax in court. โ€œA delay is not a repeal,โ€ said Carbone.

๐Ÿ“ฐ CoinTelegraph

#CryptoRegulation #SEC #CryptoNews
๐Ÿ“ข @Coindce
๐Ÿ‹ Large BTC Transfer Detected

โ‚ฟ Amount: 328 BTC (~$21M)
๐Ÿ”— View on Explorer

Large whale movements can precede significant price action

#WhaleAlert #Bitcoin #BTC
๐Ÿ“ข @Coindce
โšก
OpenAI Fires Three Safety Researchers Over Alleged Leak to Outside Group

In brief
- OpenAI confirmed it parted ways with three people for violating policies on handling sensitive information, which they allegedly shared with an outside AI safety organization. - OpenAI has not identified the three people or the receiving group, and names circulating on X are unconfirmed rumors. - The case follows months of OpenAI agent incidentsโ€”at Hugging Face, U.S.

๐Ÿ“ฐ Decrypt

#AI #CryptoAI #CryptoNews
๐Ÿ“ข @Coindce
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Alabamaโ€™s New Crypto ATM Scam Refund Requirements Take Effect

Crypto ATM scam victims in Alabama gained new refund protections on Oct. 1 as operators became responsible for reimbursing qualifying losses. Operators also face transaction limits and disclosure requirements intended to interrupt fraudulent payments.

๐Ÿ“ฐ Bitcoin.com

#CryptoETF #Institutional #CryptoNews
๐Ÿ“ข @Coindce
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50,000 Europeans call on EU to ease stablecoin rewards restrictions in MiCA review

Stand With Crypto EU campaign vehicle outside the European Parliament in Brussels, Belgium. Stand With Crypto said the campaign generated more than six times the 8,221 responses submitted to the European Central Bankโ€™s (ECB) digital euro consultation and far exceeded the 198 responses received during the Commissionโ€™s 2020 consultation on crypto rules. โ€œWe are calling on the Commission to use the MiCA review to allow regulated stablecoins to offer rewards to holders,โ€ Stand With Crypto EU general manager Harry Pearce Gould told Cointelegraph.

๐Ÿ“ฐ CoinTelegraph

#Stablecoin #DeFi #CryptoNews
๐Ÿ“ข @Coindce
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Hyperliquid Policy Center, Circle press EU on perps and stablecoin reserves in MiCA review

Hyperliquid's policy group wants perps under MiFID II, while Circle targets MiCA's bank deposit floor in filings to the European Commission's MiCA review.

๐Ÿ“ฐ The Block

#Stablecoin #DeFi #CryptoNews
๐Ÿ“ข @Coindce
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Crypto May Be Better Off Without CLARITY Act, Says Bitwise CIO: โ€˜Too Big to Crushโ€™

Bitcoin, Ethereum, and several altcoins surged after CLARITY's Senate failure.

๐Ÿ“ฐ CryptoPotato

#CryptoNews
๐Ÿ“ข @Coindce
๐Ÿ’ฐ Market Update
Oct 01 ยท 23:05 UTC

โ‚ฟ BTC $84,715 ๐ŸŸข+1.1% โ–„โ–ˆโ–…โ–…โ–ƒโ–„โ–โ–ƒ
ฮž ETH $2,696 ๐ŸŸข+0.8% โ–‚โ–‡โ–‡โ–ˆโ–ƒโ–‡โ–ƒโ–
๐Ÿ”ถ BNB $769.14 ๐ŸŸข+0.3% โ–ˆโ–‡โ–„โ–ƒโ–‚โ–ƒโ–โ–
๐Ÿ’ง XRP $1.50 ๐ŸŸข+0.2% โ–„โ–„โ–„โ–„โ–„โ–„โ–„โ–„
๐ŸŒž SOL $117.81 ๐Ÿ”ด-0.1% โ–…โ–ˆโ–‡โ–†โ–…โ–†โ–„โ–
๐Ÿ’ซ ADA $0.2472 ๐ŸŸข+1.6% โ–‡โ–ˆโ–†โ–…โ–ƒโ–„โ–โ–
โ„๏ธ AVAX $10.98 ๐ŸŸข+0.4% โ–โ–‚โ–ƒโ–ƒโ–ƒโ–ˆโ–…โ–„
๐Ÿ”— DOT $1.18 ๐Ÿ”ด-4.3% โ–„โ–„โ–„โ–„โ–„โ–„โ–„โ–„
โ›“๏ธ LINK $14.38 ๐ŸŸข+0.6% โ–โ–‚โ–ƒโ–„โ–‚โ–ˆโ–†โ–„
๐ŸŽฎ IMX $0.1717 ๐ŸŸข+3.8% โ–โ–โ–โ–‚โ–‡โ–ˆโ–‡โ–„
โญ XLM $0.2193 ๐Ÿ”ด-3.4% โ–‡โ–ˆโ–…โ–‡โ–‚โ–‡โ–ƒโ–
๐ŸŒ ICP $3.25 ๐Ÿ”ด-4.2% โ–…โ–…โ–ˆโ–ƒโ–ƒโ–โ–โ–
๐Ÿ”บ TRX $0.3361 ๐Ÿ”ด-0.5% โ–‚โ–โ–ƒโ–ƒโ–†โ–‡โ–†โ–ˆ

๐Ÿ“ข @Coindce
๐Ÿ“ก
Republican Senator Steve Daines Releases Text of Proposed Crypto Tax Plan

Republican senator Steve Daines has released a new proposal to update the tax code with regards to digital assets. The senator for Montana released the Aligning Digital Assets with Principles of Taxation Act โ€” or ADAPT Act โ€” sponsored by Sen. Lummis, Moreno, and Tim Scott on Wednesday, aiming to draft rules for assets like stablecoins.

๐Ÿ“ฐ Bitcoin Magazine

#AI #CryptoAI #CryptoNews
๐Ÿ“ข @Coindce
๐Ÿ“ก
Jack Dorseyโ€™s Block Launches Campaign To Get People Spending Bitcoin

Jack Dorseyโ€™s Block continues the push to make bitcoin โ€œeveryday money.โ€
The NYSE-listed company announced Thursday it had debuted an advertising campaign to make the push for people to use the leading cryptocurrency as a medium of exchange. is in the midst of an affordability crisis, with high prices a hot topic โ€” perhaps the most pressing โ€” amongst voters ahead of the midterm elections. Dorsey and Block have constantly pushed for bitcoin to be used to pay for goods.

๐Ÿ“ฐ Bitcoin Magazine

#Bitcoin #BTC #AI #CryptoAI #CryptoNews
๐Ÿ“ข @Coindce
๐Ÿ‹ Large BTC Transfer Detected

โ‚ฟ Amount: 82 BTC (~$5M)
๐Ÿ”— View on Explorer

Large whale movements can precede significant price action

#WhaleAlert #Bitcoin #BTC
๐Ÿ“ข @Coindce
โšก
SEC Proposes Rules to Clear Up How Advisers and Funds Can Hold Crypto

In brief
- The SEC proposed a tailored framework for how registered investment advisers and regulated funds can custody crypto, seeking to clarify which arrangements satisfy the "qualified custodian" standard that has long kept firms hesitant to offer digital-asset strategies. - The plan would permit self-custody under certain conditions, allow state trust companies to serve as custodians, and update audit and broker-dealer custodial rules. - It's the latest in the SEC's post-Clarity Act build-out, alongside the innovation exemption and Regulation Crypto Assets.

๐Ÿ“ฐ Decrypt

#CryptoRegulation #SEC #CryptoNews
๐Ÿ“ข @Coindce
โšก
SEC Proposes New Rules On Crypto Custody

Securities and Exchange Commission has proposed new rules to update how investment advisers and regulated funds hold assets, with a big focus on crypto. In a statement Thursday, the Wall Street watchdog said it would allow advisers and funds acting through their advisers, to hold client crypto themselves, but only if no permitted …
This post SEC Proposes New Rules On Crypto Custody first appeared on Bitcoin Magazine and is written by Mathew Di Salvo .

๐Ÿ“ฐ Bitcoin Magazine

#CryptoRegulation #SEC #CryptoNews
๐Ÿ“ข @Coindce
โšก
Nico Lechuga: Bitcoin Will Revolutionize the $4T Private Equity Industry

Traditional private equity is always on a clock, says Nico Lechuga. Funds run seven to ten years, so businesses get flipped in three to five. Lechuga, a founding partner at Ego Death Capital and co-founder of ORANGE JUICE, explains how permanent capital and a Bitcoin treasury could give owner-operators another option.

๐Ÿ“ฐ Bitcoin Magazine

#Bitcoin #BTC #CryptoNews
๐Ÿ“ข @Coindce