Hackers Steal $129M in Crypto in October
The month of October saw various security incidents in the cryptocurrency world, such as exit scams, flash loan attacks, and exploits, resulting in a total of $129.6 million in losses.
UBS to Roll Out a Tokenized Money Market Fund on Ethereum Network
UBS Asset Management has announced the launch of uMINT, a new investment fund token built on Ethereum distributed ledger technology.
21Shares Intends to Launch an XRP ETF
Cryptocurrency ETF issuer 21Shares has filed an S-1 form with the Securities and Exchange Commission (SEC) in hopes of launching an exchange-traded fund (ETF) that will provide American investors with exposure to XRP.
Immutable Receives Wells Notice from SEC
Immutable, a blockchain gaming platform, has stated that the US Securities and Exchange Commission (SEC) has indicated its intention to take action against the company for possibly violating securities laws.
Tether’s Q3 Net Profit Reaches $2.5B
According to its latest attestation report, Tether reported a $2.5 billion profit in the third quarter, bringing its total profit to $7.7 billion in the first nine months of 2024.
MicroStrategy Plans to Acquire More Bitcoin
MicroStrategy has not made any new purchases of the cryptocurrency since mid-September.
NYSE Arca Wants to List Grayscale’s Crypto ETF
The Security Exchange NYSE Arca has filed a request with the SEC to list a new Grayscale ETF that will focus on a diverse selection of spot cryptocurrencies.
Canary Capital Files Application with SEC to Launch a Solana ETF
On October 30, Canary Capital submitted an application to the US Securities and Exchange Commission (SEC) for a spot Solana ETF (exchange-traded fund).
Consensys Fires 20% of its Workforce
Consensys has announced that it will be reducing its workforce by 20%.
Bitcoin ETFs Receive $870M in Inflows
Listed spot Bitcoin ETFs in the United States yesterday saw an increase of over $870 million in net inflows, making it the third-highest day for inflows since their launch in January.
Singapore’s Regulator Grants Crypto Exchange Gemini a Provisional License
The Monetary Authority of Singapore has granted the exchange In-Principle Approval (IPA) for a Major PaymentMPI) license.
Coinbase Will Sponsor an NBA Team
After the downfall of FTX, Coinbase has stepped in to become one of the first exchanges to venture into sports sponsorships once again.
Weekly Inflows into Crypto Investment Products Hit $901M
During the week ending October 25, there was a significant increase in digital asset inflows, totaling $901 million.
