🚨US dollar deposits are no longer eligible with Binance’s US platform…amid SEC’s progress in finding market regulation⬇️
https://www.coindesk.com/policy/2023/10/17/binanceus-halts-direct-dollar-withdrawals/
https://www.coindesk.com/policy/2023/10/17/binanceus-halts-direct-dollar-withdrawals/
Coindesk
Binance.US Halts Direct Dollar Withdrawals
U.S. dollar deposits in user wallets are no longer eligible for FDIC insurance protection, according to the updated terms of use.
🚨There’s a new layer 2 mainnet that has launched, SCROLL. Now, competiting for a place at being amongst the most ¨Scalable Solutions¨ for cheaper, faster transactions.
💥A layer 2 on top of the world’s largest smart-contracts blockchain, 𝐄𝐓𝐇𝐄𝐑𝐄𝐔𝐌.
https://www.coindesk.com/tech/2023/10/17/scroll-confirms-mainnet-live-as-co-founder-predicts-speed-gains-over-ethereum/
💥A layer 2 on top of the world’s largest smart-contracts blockchain, 𝐄𝐓𝐇𝐄𝐑𝐄𝐔𝐌.
https://www.coindesk.com/tech/2023/10/17/scroll-confirms-mainnet-live-as-co-founder-predicts-speed-gains-over-ethereum/
Coindesk
Scroll Confirms Mainnet Live, as Co-Founder Predicts Speed Gains Over Ethereum
Blockchain data showed that Scroll’s smart contract was deployed on Oct. 8, but the team held off making its official announcement until this week.
🚨The dark side of cryptocurrency. Fantom Foundation, with cryptocurrency FTM ranked at 63rd on Coinmarketcap’s website, has now been victim to over 500,000$ stolen from their foundation wallet. 🥷
https://www.coindesk.com/business/2023/10/17/fantom-foundation-wallets-drained-657k-stolen/
https://www.coindesk.com/business/2023/10/17/fantom-foundation-wallets-drained-657k-stolen/
Coindesk
Fantom Foundation Wallets Drained; $657K Stolen
The stolen funds have been transferred to a wallet that holds around $7 million worth of ether.
🚨 The #EU has established new crypto tax guidelines. Crypto firms now to report customers’ holdings between tax authorities. 🇪🇺
Read more ⬇️
https://www.coindesk.com/policy/2023/10/17/eu-formally-agrees-on-new-crypto-tax-data-sharing-rules/
Read more ⬇️
https://www.coindesk.com/policy/2023/10/17/eu-formally-agrees-on-new-crypto-tax-data-sharing-rules/
Coindesk
EU Formally Agrees on New Crypto Tax Data Sharing Rules
The rules, set to be published in the EU's official journal, force crypto firms to report on customers' holdings to be shared between tax authorities.
🚨 #EU is cracking down on cryptocurrency. AND privacy advocates are concerned!
Major Centralization of DIGITAL EURO incoming? 👀
What do you think? #DCNARMY
https://www.coindesk.com/policy/2023/10/18/eu-privacy-watchdog-takes-aim-at-excessive-centralization-of-digital-euro/
Major Centralization of DIGITAL EURO incoming? 👀
What do you think? #DCNARMY
https://www.coindesk.com/policy/2023/10/18/eu-privacy-watchdog-takes-aim-at-excessive-centralization-of-digital-euro/
Coindesk
EU Privacy Watchdog Takes Aim at ‘Excessive Centralization’ of Digital Euro
The central bank digital currency has met significant opposition from lawmakers worried over the potential for state snooping
🚨 SOUTH KOREA: SK Telecom partner with CryptoQuant to deliver their very own crypto wallet ⬇️👀
https://www.coindesk.com/business/2023/10/18/korean-giant-sk-telecom-to-release-crypto-wallet-with-cryptoquant-as-partner/
https://www.coindesk.com/business/2023/10/18/korean-giant-sk-telecom-to-release-crypto-wallet-with-cryptoquant-as-partner/
Coindesk
Korean Giant SK Telecom Releases Crypto Wallet With CryptoQuant as Partner
The wallet features on-chain data analysis tools that may inform users' market decisions.
🚨 #Circle, issuer of USDT has added new upgraded wallet features enabling merchants to pay for customer gas fees 👀⬇️
https://www.coindesk.com/tech/2023/10/19/circle-to-let-merchants-pay-for-customers-gas-fees-with-web3-wallet-upgrade/
https://www.coindesk.com/tech/2023/10/19/circle-to-let-merchants-pay-for-customers-gas-fees-with-web3-wallet-upgrade/
Coindesk
Circle to Let Merchants Pay for Customers' Gas Fees With Web3 Wallet Upgrade
Southeast Asian super-app Grab is currently piloting the new product to cover gas fees for its Singaporean users if they use NFT vouchers.
🚨 Exemplary. #PetroChina has completed their first international crude oul trade in #DigitalYuan 🇨🇳⬇️
https://www.coindesk.com/business/2023/10/23/petrochina-completes-first-international-crude-oil-trade-in-digital-yuan-report/
https://www.coindesk.com/business/2023/10/23/petrochina-completes-first-international-crude-oil-trade-in-digital-yuan-report/
Coindesk
PetroChina Completes First International Crude Oil Trade in Digital Yuan: Report
PetroChina bought 1 million barrels of crude oil settled in e-CNY at the Shanghai Petroleum and Natural Gas Exchange
Bright news for ETFs ✅⬇️
https://www.coindesk.com/policy/2023/10/23/grayscale-court-victory-over-sec-in-spot-bitcoin-etf-case-made-final/
https://www.coindesk.com/policy/2023/10/23/grayscale-court-victory-over-sec-in-spot-bitcoin-etf-case-made-final/
Coindesk
Grayscale Court Victory Over SEC in Spot Bitcoin ETF Case Made Final
Grayscale's application to convert its GBTC to a spot ETF will now be re-considered by the SEC.
THAILAND: It’s biggest institutions are actively pursuing exposure to the cryptocurrency asset class. ⬇️
https://www.coindesk.com/business/2023/10/30/thailands-kasikorn-bank-buys-majority-stake-in-satang-crypto-exchange-for-103m/
https://www.coindesk.com/business/2023/10/30/thailands-kasikorn-bank-buys-majority-stake-in-satang-crypto-exchange-for-103m/
Coindesk
Thailand’s Kasikorn Bank Buys Majority Stake in Satang Crypto Exchange for $103M
The move continues a trend of Thailand's major traditional financial institutions moving into crypto.
#Zodia Markets, backed by Standard Chartered has received the VASP(Virtual Asset Service Provider) license in the Republic of Ireland:
https://www.coindesk.com/policy/2023/10/27/standard-chartered-backed-zodia-markets-gains-registration-in-ireland/
https://www.coindesk.com/policy/2023/10/27/standard-chartered-backed-zodia-markets-gains-registration-in-ireland/
Coindesk
Standard Chartered-Backed Zodia Markets Gains Registration in Ireland
Ireland is emerging as an attractive destination for crypto firms; Coinbase designated the country as its EU hub earlier this month.
PayPal’s UK branch has been approved for operating as a Crypto Service Provider 👀⬇️
https://www.coindesk.com/policy/2023/11/01/paypal-approved-for-uks-crypto-register/
https://www.coindesk.com/policy/2023/11/01/paypal-approved-for-uks-crypto-register/
Coindesk
PayPal UK Unit Registers as Crypto Service Provider
The Financial Conduct Authority's approval means the payments firm can offer certain crypto services and advertise to local clients.
🚨 FAKE Ledger Live App was available on the Microsoft App Store and hackers stole #BTC ⬇️
https://www.coindesk.com/business/2023/11/06/microsoft-listing-fake-ledger-app-leads-to-590k-of-bitcoin-stolen-by-hackers/
https://www.coindesk.com/business/2023/11/06/microsoft-listing-fake-ledger-app-leads-to-590k-of-bitcoin-stolen-by-hackers/
Coindesk
Microsoft Listing Fake Ledger App Leads to $590K of Bitcoin Stolen by Hackers
The hacker also stole $180,000 worth of assets on Ethereum and BSC.
🚨 #Binance launches first ever self-custodial wallet for web3 assets. ⬇️💥
https://www.coindesk.com/business/2023/11/08/binance-rolls-out-its-first-ever-self-custody-web3-wallet/
https://www.coindesk.com/business/2023/11/08/binance-rolls-out-its-first-ever-self-custody-web3-wallet/
Coindesk
Binance Rolls Out Its First Ever Self-Custody Web3 Wallet
Users can download and access the wallet through Binance's app.
🚨 another hack in crypto. Not your keys not your coins
https://www.coindesk.com/business/2023/11/10/poloniex-hot-wallets-hacked-65m-seemingly-stolen-on-chain-data/
https://www.coindesk.com/business/2023/11/10/poloniex-hot-wallets-hacked-65m-seemingly-stolen-on-chain-data/
Coindesk
Poloniex Hot Wallets Hacked With $114M Seemingly Stolen: On-Chain Data
Poloniex investor Justin Sun confirmed the exploit, saying the exchange will reimburse affected users and offering a "white hat bounty" to the hacker.