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Uncle Sam Has a Fat Stack of Bitcoin, Unlikely to Sell All at Once
The United States government has seized around 200,000 BTC from cybercriminals and holds one of the world’s largest Bitcoin stashes. However, Uncle Sam appears to be in no rush to liquidate its fat stack and has assumed the…
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Binance halts onboarding of new UK users
Crypto exchange Binance will stop accepting users in the United Kingdom as of 5 p.m. local time on Oct. 16.According to Binance's announcement, the move came after the country's Financial Conduct Authority (FCA) imposed legally binding…
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NFT market slump shows it’s maturing toward ‘genuine utility,’ execs argue
A steep collapse in the price of nonfungible tokens (NFTs) shouldn’t be seen as a sign of distress but rather a signal the technology is maturing, according to Web3 executives.“I wouldn’t say the NFT market has regressed,“ Decentraland…
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Tether freezes 32 addresses linked to terrorism in Israel and Ukraine
Key takeaways
Stablecoin issuer Tether has frozen over 30 crypto addresses linked to terrorism and warfare in Ukraine…
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GBTC Discount Continues to Shrink as Bitcoin ETFs Move Closer to Reality
Grayscale Bitcoin Trust (GBTC) – the world’s largest Bitcoin fund – reached its lowest point in 22 months last Friday. The decline in the discount has sparked optimism as spot Bitcoin exchange-traded funds (ETFs) in the…
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FTX estate stakes 5.5M Solana coins
The FTX estate seems bullish on Solana (SOL), as it staked over 5.5 million SOL on Oct. 13. According to on-chain data, an FTX-identified wallet sent the coins to Figment, a staking validator firm for institutional investors. The…
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THORswap back online 6 days after halt over detecting FTX funds
Decentralized exchange (DEX) THORSwap has resumed operations after briefly going into maintenance mode due to detecting illicit funds on its platform.THORSwap took to X (formerly Twitter) on Oct. 12 to announce that the platform is back…
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KYC hook for Uniswap v4 stirs community controversy
A new hook available on an open-source directory for Uniswap V4 hooks is sparking controversy within the crypto community. The hook enables users to be checked for Know Your Customer (KYC) before they can trade on a pool.Criticizing the…
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Bitcoin traders eye weekly close volatility with $27K BTC price on radar
Bitcoin (BTC) cruised into a new weekly close on Oct. 15 as “ultra boring” trading conditions still offered hope of a $27,000 breakthrough.BTC/USD 1-hour chart. Source: TradingView"Ultra boring" BTC price may yet surprise at weekly…
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European regulators assess DeFi risks, Uniswap launches Android wallet: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.In this week’s newsletter, European securities…
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