CFTC votes on allowing DLT-based collateral in commodities and derivatives trading

CFTC’s subcommittee recommends using DLT-based collateral in trading. Approval could broaden access to digital assets for smaller market participants. Strong ETF inflows signal growing institutional interest in digital assets. In a significant development for the digital assets market, the US Commodity Futures Trading Commission (CFTC) is reportedly considering a proposal that would enable the use…

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Crypto.com achieves PCI DSS v4.0 certification

com achieved PCI DSS v4.0 certification on October 3, 2024. This certification enhances flexibility in addressing evolving security threats. com remains committed to privacy, security, and compliance leadership. Crypto.com has marked a significant milestone by becoming one of the first cryptocurrency platforms to achieve the Payment Card Industry Data Security Standard (PCI DSS) v4.0 certification…

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Telegram tap-to-earn gaming community fired up as Dogizen presale launches tomorrow

Dogizen presale launches tomorrow, opening up investment into a Telegram game combining social interaction with a tap-to-earn model. The presale offers exclusive benefits, with plans for a Developer SDK. Dogizen players will earn Treatz by exploring, completing challenges, and can earn passively. The excitement in the Telegram gaming community is palpable as Dogizen prepares to…

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Crypto market on a free fall as Iran launches missiles into Israel

Crypto market drops as Iran launches missile strikes into Israel. Bitcoin falls to $62k; Ethereum drops below $2,500. The global crypto market cap declines by 2.72% to $2.18 trillion. The global cryptocurrency market has witnessed a sharp decline following reports of Iran firing missiles into Israel. The heightened geopolitical tensions have sent shockwaves through financial…

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Kasikornbank to launch Thailand’s first licensed digital asset custodian

Kasikornbank is set to launch orbix Custodian, Thailand’s first licensed digital asset custodian. Operations for orbix Custodian are set to begin in early 2025 after licensing. KBank also focuses on AI development through its partnership on Project SEALD. Thailand’s second-largest bank by assets, Kasikornbank (KBank), is set to launch orbix Custodian, the country’s inaugural licensed…

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Binance granted full Digital Asset Trading License in Kazakhstan

Binance Kazakhstan has secured a full DATF license from AFSA for digital assets. The license allows trading, brokerage, and custody services in Central Asia. The crypto exchange underwent rigorous audits and ISO certifications to ensure compliance with regulatory standards. In a significant regulatory development, Binance Kazakhstan has successfully obtained a full Digital Asset Trading Facility…

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Matrixport acquires Swiss-based crypto asset manager CFAM

Matrixport announced the all-cash acquisition of Crypto Finance (Asset Management) AG on September 30, 2024. The company has rebranded CFAM to Matrixport Asset Management AG (MAM). $6 billion assets under management Matrixport will use the acquisition to expand its footprint in Europe. Matrixport, a crypto financial services provider, has completed its acquisition of Crypto Finance…

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Sorare charged for unlicensed gambling services in the UK

UK Gambling Commission charges Sorare for providing unlicensed gambling services. The United Kingdom’s Gambling Commission has been investigating Sorare for three years. Sorare denies wrongdoing, asserting it is not a gambling platform under UK law. The United Kingdom’s Gambling Commission has taken legal action against Sorare, a blockchain-based fantasy sports platform, accusing the company of…

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Uphold’s Topper integrates with Ledger hardware wallet

Uphold’s Topper integrates with Ledger hardware wallet’s Ledger Live software for seamless fiat-to-crypto transactions. The Integration aims to challenge traditional banking and improve crypto accessibility. Following the integration, Ledger hardware now offers 14 on-ramps but only one off-ramp, enhancing user options. In a significant move to enhance cryptocurrency accessibility, Uphold’s fiat-to-crypto on-ramp, Topper, has officially…

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US SEC Chair Gensler reaffirms Bitcoin (BTC) is not a security under SEC rules

US SEC Chair Gensler reaffirms Bitcoin (BTC) is not a security under current regulations. SEC plans new regulations for DeFi and trading systems to protect investors. Crypto firms, including Coinbase, push back against expanding regulatory scope. In recent statements, SEC Chairman Gary Gensler has firmly reiterated that Bitcoin is classified as a non-security under existing…

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Synesis Foundation partners with AirMoney DEGN for DePIN-focused consumer hardware

Synesis Foundation and AirMoney DEGN partner to enhance AI and DePIN hardware. AirMoney DEGN device will support AI data validation and reward users in crypto. Partnership boosts decentralized data validation and expands DePIN utility. Synesis Foundation has announced an exciting partnership with AirMoney DEGN to accelerate the adoption of decentralized hardware within the AI and…

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Curve Finance considers dropping TUSD from crvUSD backing amid SEC charges

Curve Finance is considering dropping TUSD from crvUSD backing amid SEC charges. The SEC alleges TUSD was mostly backed by a risky offshore fund, not U.S. dollars. Proposed changes include reducing TUSD backing to zero and lowering PYUSD minting. In light of recent regulatory scrutiny, Curve Finance, a prominent decentralized exchange (DEX), is contemplating the…

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Telegram crypto bot Banana Gun confirms $3M loss, says it will refund users

Banana Gun confirmed a $3 million loss from a hack targeting experienced traders. All affected users will receive full refunds without selling any tokens. The company has implemented enhanced security measures to prevent future attacks. The Telegram-based cryptocurrency trading bot Banana Gun has confirmed a $3 million loss due to a hacking incident that targeted…

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EigenLayer prepares for EIGEN token transfer restrictions lift on Sept. 30

EigenLayer will lift EIGEN token transfer restrictions on September 30, 2024. Stakeholders must observe a 7-day withdrawal period to unstake EIGEN tokens. Pre-market values EIGEN tokens at $3.4, with TVL dropping from $20B to $12B. EigenLayer, a prominent restaking protocol, is set to remove transfer restrictions on its native EIGEN token, enabling stakeholders to trade…

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Travala integrates Solana, enabling bookings via SOL, USDT, and USDC

Travala has integrated Solana, allowing hotel and flight bookings via SOL, USDT, and USDC. Travala users will enjoy zero-fee transactions and direct deposits/withdrawals for supported tokens. Travala plans to introduce SOL travel rewards to enhance user experience in crypto travel bookings. Travala, a pioneering cryptocurrency-based travel agency, has taken a significant leap forward by integrating…

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From players to stakeholders: the growing trend of community tokenization in gaming

Community tokenization in gaming transforms players into stakeholders, enhancing engagement. Catizen is one of the standout examples of community tokenization in the gaming space. Catizen has achieved a 6-8% token holder conversion through strategic airdrop campaigns. The gaming industry is undergoing a profound transformation, driven by the rise of blockchain technology and the concept of…

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Five Reasons why Telegram gaming could be 2025’s breakout success

Telegram’s mobile-first approach boosts tap-to-earn game popularity in emerging markets. Ease of access through channels and built-in wallets attracts new and casual gamers. Major investors and existing game success position Telegram gaming for rapid growth. Telegram gaming has quietly been building momentum, and with the rapid integration of blockchain technology, it’s poised to become one…

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New government legislation could open up sports betting in Alberta, Canada by end of this year

Alberta’s Bill 16 will allow third-party operators in online gambling by 2025 The province aims to capture grey market bets and boost revenue like Ontario Safeguards like self-exclusion and player monitoring will promote responsible gambling Alberta is on the brink of a significant shift in its online gambling landscape. With the passage of Bill 16,…

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Pixelverse debuts TON Microtransactions outside Telegram with beta browser game launch

Pixelverse launches a closed beta MMORPG browser game with TON microtransactions. The game marks the first TON integration outside Telegram, expanding web3 gaming. Pixelverse aims to grow its user base and enhance gaming with immersive web3 elements. Pixelverse, the innovative gaming ecosystem known for its cyberpunk theme and blockchain integration, has achieved a major milestone…

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Bitcoin (BTC) price targets $63k as crypto market awakens after Fed rate cut

Bitcoin has broken past $62K post-Fed rate cut; next resistance at $63K. Ethereum and Solana have also surged, reflecting a broader crypto market rally. Caution remains due to economic uncertainties and potential regulatory issues. Bitcoin (BTC) price has surged past $62,000 following the US Federal Reserve’s decision to cut interest rates by 50 basis points….

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Silvergate Capital files for bankruptcy amid crypto market turmoil

Silvergate Capital filed for bankruptcy on September 18, 2024, in Delaware. The bank, shuttered in March 2023, will not compensate common stockholders. Regulatory probes and the crypto market collapse blamed for Silvergate’s financial downfall. Silvergate Capital, the parent company of Silvergate Bank, filed for bankruptcy in Wilmington, Delaware on September 18, 2024. The move marks…

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Bitcoin price jumps to a three-week high

Bitcoin price has surged 5.6%, hitting a three-week high of $61.1K on Tuesday morning. Altcoins like Celestia, Immutable X, and Near have seen double-digit percentage gains. Crypto stocks have risen modestly ahead of the Fed’s expected rate cut announcement. Bitcoin price has surged to its highest level in three weeks, triggering gains across the cryptocurrency…

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Singapore’s DBS Bank to launch crypto options and structured notes in Q4 2024

DBS Bank to launch OTC crypto options trading linked to BTC and ETH in Q4 2024. Clients can hedge against volatility through options and structured notes. DBS continues integrating blockchain and Web3 for institutional-grade access. Singapore’s DBS Bank is set to launch over-the-counter (OTC) crypto options trading and structured notes in the fourth quarter of…

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TON partners with Curve Finance for a TON-based stablecoin swap project

TON Foundation partners with Curve Finance to launch a stablecoin swap project. The stablecoin swap project will use Curve’s CFMM tech to reduce volatility and slippage for TON stablecoin trades. The project will be developed by an independent team under Curve’s Michael Egorov. The TON Foundation has partnered with Curve Finance, a decentralized exchange (DEX),…

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Delta Prime DeFi hacker exploited token minting bug, managed to drain $6M

Hacker exploited Delta Prime’s upgrade function to mint massive tokens. Over $6M in assets were stolen, including Bitcoin, Ether, and stablecoins. Attack exposes risks of upgradable contracts in decentralized finance. Delta Prime, a DeFi platform operating on the Arbitrum network, has fallen victim to a major cyberattack where a hacker exploited a vulnerability in the…

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Worldcoin integrates World ID on Solana using a Wormhole bridge

Worldcoin integrates World ID on Solana via Wormhole’s new cross-chain bridge. The integration enables privacy-focused DApp authentication across blockchains. Worldcoin has seen rapid growth, expanding to Austria and Southeast Asia. Worldcoin has confirmed the launch of seamless World ID integration for Solana via a new cross-chain protocol from the Wormhole Foundation. Big day for AI….

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Starknet approves new staking mechanism with dynamic STRK minting curve

Starknet community approved a dynamic minting curve for STRK tokens. The minting curve adjusts token supply based on staking participation levels. Starknet Foundation can modify minting parameters to manage inflation and rewards. The Starknet community has successfully passed a proposal to implement a dynamic minting curve for STRK tokens, a significant move to balance staking…

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