US authorities interview Winklevoss over claims against DCG and its CEO — link
Reuters
US authorities interview Winklevoss over claims against DCG and its CEO, source says
U.S. authorities are probing claims of fraud that Cameron Winklevoss, the co-founder of crypto firm Gemini Trust Co, has made against the Digital Currency Group (DCG) and its founder Barry Silbert, according to a source familiar with the inquiry.
The 90-day supply of aggregate stablecoins has dropped more than 20% from $162 billion in March 2022 to $120 billion today, pointing to a decline in on-chain liquidity — link
CFTC Goes After Opyn, Other DeFi Operations in Enforcement Sweep — link
PayPal rolls out crypto-for-USD conversion service — link
The Block
PayPal rolls out crypto-for-USD conversion service
PayPal's new crypto service is available to wallets, dApps and NFT marketplaces, and it's also live on MetaMask.
Standard Chartered-owned crypto firm Zodia launches in Singapore — link
CNBC
Standard Chartered-owned crypto firm Zodia launches in Singapore
Zodia Custody, a subsidiary of Standard Chartered, has expanded its presence in Singapore for the first time, the company told CNBC exclusively.
Aggregate average daily spot and futures volumes for BTC and ETH declined by 30% in the last two months, compared to a daily average in 2Q23 of $54.6B — link
Franklin Templeton files with SEC To offer spot Bitcoin ETF — link
X (formerly Twitter)
Eric Balchunas (@EricBalchunas) on X
JUST IN: Franklin has filed for a spot bitcoin ETF h/t @NateGeraci
Banking powerhouse HSBC working with crypto custody firm Fireblocks: sources — link
CoinDesk
Banking Powerhouse HSBC Working With Crypto Custody Firm Fireblocks: Sources
Fireblocks, which specializes in cryptocurrency safekeeping technologies such as multi-party computation (MPC), already works with BNY Mellon and BNP Paribas.
Hashdex files for Ethereum Spot ETF — link
FixTweet
James Seyffart (@JSeyff)
UPDATE: @hashdex has filed for a Spot #Ethereum ETF. Joining @ARKInvest /@21Shares and @vaneck_us.
↘️ Quoting James Seyffart (@JSeyff)
Update: Another filing from @hashdex this morning. But it looks identical to the one from Friday(Quoted). My guess is…
↘️ Quoting James Seyffart (@JSeyff)
Update: Another filing from @hashdex this morning. But it looks identical to the one from Friday(Quoted). My guess is…
CoinEx hot wallets appear to be drained of nearly $28 million in crypto — link
The Block
CoinEx hot wallets appear to be drained of nearly $28 million in crypto
Hot wallets associated with the crypto exchange CoinEx appeared to have been drained of cryptocurrency on Tuesday.
The value of real-world assets (RWAs) on-chain reached a new all-time high of $3.1 billion as of September 1.
The value is comprised of 37.3% gold and precious metals; 1.63% equities; 0.41% carbon offsets; 22.98% money markets; 20.04% treasuries; 4.38% real estate; and 13.27% private credit. As it currently stands, inherently yield-bearing RWAs capture 61% of the cumulative RWA market cap — link
The value is comprised of 37.3% gold and precious metals; 1.63% equities; 0.41% carbon offsets; 22.98% money markets; 20.04% treasuries; 4.38% real estate; and 13.27% private credit. As it currently stands, inherently yield-bearing RWAs capture 61% of the cumulative RWA market cap — link
Judge denies Bankman-Fried's request for pretrial jail release — link
Reuters
Sam Bankman-Fried loses bid for pretrial jail release
Sam Bankman-Fried on Tuesday lost a bid to be released from jail so he can better prepare for his Oct. 3 trial on fraud charges stemming from the collapse of his FTX cryptocurrency exchange, a court filing showed.
FTX tweaks crypto sale proposal to placate U.S. government — link
CoinDesk
FTX Tweaks Crypto Sale Proposal to Placate U.S. Government
The bankrupt crypto exchange wants to sell off its billions of dollars in crypto before returning funds to creditors – but doesn’t want markets forewarned
Crypto exchange Huobi rebrands to HTX for tenth anniversary — link
The Block
Crypto exchange Huobi rebrands to HTX for tenth anniversary
Crypto exchange Huobi has changed its name to HTX for its tenth anniversary, rebranding to a name similar to failed firm FTX.
U.S. CPI in 30 mins
Forecast:
CPI y/y: 3.6%
CPI m/m: 0.6%
Core CPI y/y: 4.3%
Core CPI m/m: 0.2%
Please note: CPI bot is still in the test mode.
Forecast:
CPI y/y: 3.6%
CPI m/m: 0.6%
Core CPI y/y: 4.3%
Core CPI m/m: 0.2%
Please note: CPI bot is still in the test mode.
New DCG plan could see Gemini Earn users get back all their crypto — link
The Block
New DCG plan could see Gemini Earn users get back all their crypto
DCG has proposed a new creditor agreement for Genesis's bankruptcy, offering unsecured creditors a 70-90% recovery.