Tokenized SanDisk bets saw more liquidations than XRP as Asia’s chip rout wipes out $800 million
About $800 million in leveraged positions were wiped out over 24 hours, 86% of them bullish. Chipstock contracts on crypto exchanges took a chunk of the…
Binance to shut down crypto mining pool services in November
Binance will discontinue its mining pool and related services on Nov. 10, urging miners to move to alternative pools before the shutdown. Source：Cointelegraph
South Korea moves to block 27 crypto websites, including KuCoin, MEXC
Authorities said the restrictions are aimed at unregistered exchanges and have acknowledged that customers could have difficulty withdrawing assets.…
FTX’s crypto mining venture is now used to advance AI
The defunct exchange acquired a 20% stake in Genesis Digital Assets before FTX declared bankruptcy in November 2022. Source：Cointelegraph
Crypto PACs report $2.7M spending blitz on House races as midterms loom
With just 22 days until the US midterm elections, a cryptoaligned committee has announced another major ad expenditure to support “procrypto” candidates in…
Tom Lee sees $2 trillion wealth transfer fueling crypto demand as Bitmine buys more ether
The Bitmine chairman said he expects younger investors to drive demand for digital assets as his ether treasury company inches closer to owning 5% of the total…
Ledger claims CryptoBilis cases are limited as up to $93M is traced, $10M frozen
Ledger said every confirmed case involves devices sold by the Southeast Asian reseller, but critics say the hardwarewallet maker must answer for an authorized…
Australia proposes leverage caps for crypto-settled derivatives
ASIC’s proposal would extend leverage limits and protections against negative balances to certain derivatives settled in digital assets. Source：Cointelegraph
U.S. inflation, Ethereum upgrade talks: Crypto Week Ahead
Your look at what's coming in the week starting Oct. 12. Source：CoinDesk
South Korean bank launches Bitcoin-backed business loans: Report
Jeonbuk Bank reportedly began offering Bitcoinbacked loans to corporate customers, with a thirdparty custodian holding the cryptocurrency used as collateral.…
Ledger says unauthorized implant found in at least one device sold by CryptoBilis
Ledger confirmed an unauthorized hardware implant in a device linked to crypto losses at CryptoBilis, a Southeast Asian reseller. The company says confirmed…
French lawmakers back reporting rule for crypto wallets over $112K
Holders could face fines of up to 10,000 euros for failing to declare qualifying assets. Source：Cointelegraph