SEC Chair Gensler says rebooted FTX run by ex-NYSE chief is possible if done 'within the law' — link
CNBC
SEC Chair Gensler says rebooted FTX run by ex-NYSE chief is possible if done 'within the law'
After FTX founder Sam Bankman-Fried was found guilty of fraud charges last week, SEC chair Gary Gensler said the crypto exchange could be revived.
Spot trading volume increases after multiple months of decline — link
Standard Chartered unit, SBI Holdings team up to invest $100 million in crypto startups — link
The Block
Standard Chartered unit, SBI Holdings team up to invest $100 million in crypto startups
Standard Chartered's SC Ventures and SBI Holdings have partnered to set up a $100 million crypto vehicle in the UAE.
CME Futures Open Interest surpassed 100,000 BTC for the first time ever — link
Lightspeed Faction launches $285M early-stage crypto fund — link
TechCrunch
Faction launches $285M early-stage crypto fund
As the crypto market continues to slog through a fundraising winter, Faction Ventures, a blockchain-focused venture capital firm, is betting big on the Lightspeed Faction launches $285M early-stage crypto fund
EU Parliament approves Data Act with smart-contract kill switch provision — link
CoinDesk
EU Parliament Approves Data Act With Smart-Contract Kill Switch Provision
The final version of the bill's text, reviewed by CoinDesk in July, revealed that it contained a smart-contract kill switch clause.
OneCoin legal chief pleads guilty to money laundering and wire fraud: DOJ — link
The Block
OneCoin legal chief pleads guilty to money laundering and wire fraud: DOJ
OneCoin's head of legal pleaded guilty to charges after prosecutors said she participated in a scheme that caused investors to lose billions.
Failed crypto lender Celsius Network cleared to exit bankruptcy
Celsius has said it could start repaying customers in January — link | archive
Celsius has said it could start repaying customers in January — link | archive
Bloomberg.com
Failed Crypto Lender Celsius Network Cleared to Exit Bankruptcy
Failed crypto lender Celsius Network LLC won bankruptcy court approval of its plan to transform into a creditor-owned Bitcoin mining firm as part of a broader proposal to repay customers whose accounts have been frozen for more than a year.
CME just flipped Binance for the largest share of Bitcoin futures open interest — link
UBS allows wealthy clients to trade crypto ETFs in Hong Kong — link
Bloomberg.com
UBS Allows Wealthy Clients to Trade Crypto ETFs in Hong Kong
UBS Group AG joined rivals such as HSBC Holdings Plc in allowing clients in Hong Kong to trade some crypto-linked exchange-traded funds amid a push by the city to foster a digital-asset hub.
Poloniex wallet seemingly drained of $18.5 million in cryptocurrency — link
Digital Assets, as of yesterday, just surpassed US$1bn of inflows this year so far, as sentiment continues to improve — link
Crypto lender Hodlnaut to be liquidated, court filing shows — link
CoinDesk
Crypto Lender Hodlnaut to Be Liquidated, Court Filing Shows
Defunct cryptocurrency exchange Hodlnaut will be wound up, according to a note from the company’s former interim judicial managers, Aaron Lee and Angela Ee.
Singapore startup dtcpay launches retail crypto payments system with Chinese partners — link
Cointelegraph
Singapore startup dtcpay launches retail crypto payments system with Chinese partners
Singapore-based dtcpay has partnered with the PlatOn blockchain and Allinpay fintech to launch a new cryptocurrency-friendly payment system.
Genesis, Three Arrows Capital reach agreement on $1B of claims with a payment of $33 million — link
Coindesk
Genesis, Three Arrows Capital Reach Agreement on $1B of Claims
The bankrupt crypto lender is seeking court approval to settle the claims with a $33 million payment to the defunct hedge fund, 3AC.
Digital asset investment products saw inflows totalling $293m last week, bringing this 7-week run of inflows past the $1bn mark, leaving year to date inflows at $1.14bn, making it the third highest yearly inflows on record — link