NFTs
Crime
US DOJ charges man for using BTC to launder $5.4M in drug trafficking money
Khuu received Bitcoin as payment from selling counterfeit drugs and controlled substances on the dark web market.
Partnerships
Visa, FTX team up to offer debit cards in 40 countries
The partnership will focus on emerging markets across Latin America, Asia, and Europe.
Bankruptcy
Mt. Gox exchange releases guideline for BTC repayment
Mt. Gox has enabled an online claim function that will allow creditors to register their information and select a repayment method for subsequent disbursement of funds.
Hacks
Binance resumes BSC bridge operation after 2M BNB exploit
The attacker leveraged a message verification vulnerability found in the BSC bridge to transfer 2 million BNB — roughly $590 million — into Venus protocol.
Regulation
South Korean court dismisses arrest warrant for Do Kwon’s aide
After interrogating Do Kwon's aid, Judge Jin-pyo dismissed the arrest warrant saying "it is difficult to see the necessity and significance of the arrest."
Payments
Saylor gives away BTC via lightning network
Saylor sent 3 million sats (0.03 BTC) to winners of his Lightning meme contest.
Trading
Tuttle Capital files Inverse ETFs to trade against Jim Cramer’s recommendations
The Short Inverse Cramer ETF will take the opposite position of any stocks recommended by Jim Cramer publicly on Twitter or on his Mad Money show.
Crypto
CryptoSlate Wrapped Daily: Bitcoin up 22% vs crypto stocks; Russia blocks OKX; US, EU set to discuss crypto regulation
SEC opposes third parties seeking to defend Ripple, Do Kwon describes news of $40M crypto freeze as falsehood, and much more in this edition of CryptoSlate Wrapped Daily.
CBDCs
SWIFT shows CBDCs, tokenized assets can be integrated into global financial system
SWIFT Chief Innovation Officer Tom Zschach said that the innovation could help address CBDC's need for interoperability with the existing financial system.
Legal
SEC opposes third parties seeking to prove utility of Ripple blockchain
The SEC alleged that Ripple may have influenced I-Remit and Tapjets' amicus briefs and therefore should not be involved in the court case.
Hacks
Web3 ecosystem lost over $428M to hacks, scams in Q3 – Immunefi
The Nomad Bridge and Wintermute hacks account for 79.85% — $350 million — of all recorded losses.
Crypto
CryptoSlate Wrapped Daily: Elon Musk seeks to move ahead with $44B Twitter deal; Justin Sun wants to buy Credit Suisse’s assets
Elon Musk offers to buy Twitter at $44 billion, bankrupt Celsius set to auction assets on Oct. 20, and much more in this edition of CryptoSlate Wrapped Daily.