Pakistan Will Legalize Crypto
The changes proposed by Pakistan’s government would allow the State Bank of Pakistan (SBP) to introduce digital currency and manage the country’s money in both physical and digital forms.
Robinhood, Kraken and Paxos Launch a New Global Dollar Stablecoin
A group of influential figures in the world of cryptocurrency are supporting a new stablecoin, called the Global Dollar (USDG), that focuses on compliance and regulation.
First British Pension Fund Invests in BTC
Cartwright, a specialist in British pensions, is advising institutional investors to invest some of their assets into Bitcoin.
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.
