FTX claimant data compromised in Kroll ‘cybersecurity incident’ — link
The Block
FTX, BlockFi claimant data compromised in Kroll ‘cybersecurity incident’
FTX said its bankruptcy claim agent is informing affected individuals about measures to protect themselves from potential scam emails.
HashKey to start crypto retail trading service in Hong Kong next Monday — link
The Block
HashKey to start crypto retail trading service in Hong Kong next Monday
HashKey COO Livio Weng told The Block that the exchange will only offer bitcoin and ether trading for retail customers at first.
U.S. crypto tax proposal lets miners off the hook, snares ‘some’ decentralized exchanges — link
CoinDesk
U.S. Crypto Tax Proposal Lets Miners Off the Hook, Snares ‘Some’ Decentralized Exchanges
The U.S. Treasury Department has finally unveiled its definition of a "broker" for the crypto industry, defining how crypto companies and investors will need to meet tax reporting obligations and answering a years-old question over whether decentralized finance…
Binance's BTC and ETH futures market share has continued to fall while OKX's has grown from 18% to 26% this year — link
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US-based cryptocurrency exchanges, such as Coinbase Global Inc., would have to disclose detailed information on their clients’ transactions to the IRS starting in 2026 under a new Treasury proposal — link | pdf
Bloomberglaw
Treasury Aims to Snag Tax Cheats With Crypto Broker Proposal (1)
US-based cryptocurrency exchanges, such as Coinbase Global Inc. and Kraken, would have to disclose detailed information on their clients’ transactions to the IRS starting in 2026 under a new Treasury proposal.
SEC charges company for offering NFTs as securities, decides they can be securities — link
DCG reaches crucial in principle deal with Genesis creditors, recoveries could be upto 90% — link
CoinDesk
DCG Reaches Crucial In-Principle Deal With Genesis Creditors, Recoveries Could Be Up to 90%
Digital Currency Group (DCG) and Genesis creditors have reached a deal in principle to resolve the claims in the Genesis Capital Chapter 11 cases, according to a court filing on Tuesday.
Digital asset investment products saw outflows totalling $168m, the largest outflow since the US regulatory crackdown of exchanges in March 2023.
Bitcoin was the primary focus, seeing outflows last week totalling US$149m — link
Bitcoin was the primary focus, seeing outflows last week totalling US$149m — link
Binance launched "Send Cash" to transfer crypto from Binance Pay in nine Latin American countries — link
The Block
Binance launches Send Cash in Latin America
Binance launched a new platform to transfer crypto from Binance Pay called Send Cash in nine Latin American countries.
Crypto bank SEBA obtains approval-in-principle in Hong Kong for crypto-related services — link
The Block
Crypto bank SEBA obtains approval-in-principle in Hong Kong for crypto-related services
The Switzerland-headquartered crypto bank is expected to be licensed in Hong Kong to deal in securities, including crypto-related products, the company said today.
Binance Japan plans to triple number of listed tokens to 100 — link
The Block
Binance Japan plans to triple number of listed tokens to 100: Bloomberg
Binance Japan added that it plans to work with other local crypto exchanges to ensure better liquidity, local media reported.
USDC's supply dominance on Ethereum has slid from 45% earlier in 2023 to <33% now. Its supply has slipped from over 41 billion before the depeg to just 24 billion this month as burns continue to outpace mints — link
$BITO traded over $800m worth of shares yesterday, most since its famous Day One billion dollars — link
Middle of October are the next major days to watch (namely October 7th and 16th) regarding spot Bitcoin ETF filings — link