Stablecoin Plunges 98% in 24 Hours, Sparks Rug Pull Allegations
Early on Oct. 26, the U.S. dollar value of Essence Finance’s decentralized stablecoin, CHI, plunged…
Month: October 2024
Polymarket’s Staggering Growth in October — Will Post-Election Events Keep the Momentum Going?
Based on Dune Analytics’ latest figures, the prediction market Polymarket’s October volume has soared to…
Markets Are Telling Us Something About the US Election
This editorial is from last week’s edition of the newsletter Week in Review. Subscribe to…
8 Chinese Firms Exposed in High-Stakes Crypto Laundering Operation
Indictments reveal how eight Chinese firms used cryptocurrency to obscure profits from illegal chemical sales….
BRICS Isn’t Anti-West but Won’t Tolerate Western Currency Domination, Russian Official Says
BRICS has condemned Western economic dominance and currency control tactics, accusing the West of using…
Feds Target Businessman in Alleged Web of Secret Crypto Deals
The U.S. has accused a businessman of running an unlicensed cryptocurrency operation that allegedly enabled…
BRICS Payment System a SWIFT Substitute? Network to Implement Digital Assets and Financial Messages
The Russian Finance Minister offered insight into the inner workings of the new BRICS payment…
Korea to Regulate Crypto Cross-Border Trade Next Year
On Friday, South Korea’s finance ministry announced plans to regulate cross-border transactions of virtual assets,…
BRICS Backs Russia’s Push for New Global Payment System to Counter Western Control
Russia’s push for a BRICS payment system is gaining traction, with partners endorsing the plan…
Binance Connect Relaunches, Powering Fiat Currencies and 300 Crypto Options
Binance relaunches Binance Connect as a fiat-to-crypto gateway, streamlining Web3 transactions and driving global digital…
Ripple Escalates SEC Battle, Defends XRP’s Non-Security Classification
Ripple has filed a cross-appeal against the SEC, with its legal chief insisting that XRP’s…
Bitcoin Drops Amid Market Chatter—A Familiar Pattern From the Past—Here’s What We Know
Bitcoin’s price danced through a roller-coaster ride on Friday, hitting an intraday high of $68,700…
Spot Crypto ETFs: Big Gains for Some, Losses for Others—Here’s the Full Breakdown
On Thursday, spot bitcoin (BTC) and ether (ETH) exchange-traded funds (ETFs) enjoyed positive inflows during…
Satoshi Nakamoto Statue Revealed at Lugano’s Annual Blockchain Event
At the third annual Plan ₿ Forum in Lugano, Switzerland, a statue dedicated to Bitcoin…
WSJ Report Claims Tether Faces US Federal Inquiry on Alleged AML Charges
According to an exclusive report by the Wall Street Journal, the U.S. federal government is…
