Market
Crypto
Ethereum proposes 33% transaction increase with EIP 7781 to boost network efficiency
The new proposal has seen significant early support from members of the crypto community.
Crypto
Metaplanet buys average of 34 BTC per day in October Bitcoin buying spree
Metaplanet aims for Bitcoin crown in Asia with additional ¥7.5 billion investment before the end of 2024.
Crypto
Bitwise shifts Bitcoin, Ethereum futures ETFs to dynamic crypto and treasuries strategy
Bitwise explained that the new funds are designed to take advantage of market momentum while offering protection during bearish conditions
Exchanges
HKVAX becomes third crypto exchange licensed in Hong Kong
Hong Kong's strict regulatory regime had deterred several global exchanges, including Binance, from the region.
Stablecoins
Coinbase’s MiCA alignment in Europe to cause controversial delisting of major stablecoins like Tether’s USDT
Coinbase said it would urge its users to conver to compliant stablecoins like Circle's USDC.
Hacks
Phishing scams plague crypto with $46M loss in September, $126M in Q3
Crypto users suffered a staggering $87 million loss from two major phishing incidents in the third quarter.
Adoption
El Salvador doubles down on Bitcoin, defies IMF concerns
Crypto community members have advised the Central American country's to reject the IMF recommendations.
Legal
US government backs lawsuit claiming Nvidia misled investors on crypto mining revenue
The SEC and DOJ argued that crypto mining demand played a much bigger role in Nvidia's success than suggested.
Technology
Ripple partners with Mercado Bitcoin to boost cross-border payments in Brazil
Ripple Payments reaches over 80 payout markets and covering more than 90% of daily FX markets.
Stablecoins
OKX lists PayPal’s PYUSD stablecoin for trading amid supply fluctuations
PYUSD's supply on Solana has dropped by around 50% in the past month.
Technology
Visa to launch live platform to help banks issue digital tokens in 2025
BBVA plans to issue its own tokens on the Ethereum blockchain by 2025 by leveraging VTAP.
DeFi
Grayscale launches Aave Trust to leverage DeFi lending boom
Aave's native token value spiked by 3% in the past hour to $143 following the news.
