Regulation
Legal
US SEC moves for summary judgment in case against Terraform Labs and Do Kwon
The regulator alleges that Terraform and Kwon orchestrated a fraudulent scheme that led to the loss of $45 billion.
Crypto
‘Billions in user funds were lost’ – crypto community reacts to SBF guilty verdict
Several members of the community agreed that the guilty verdict was the right outcome for the case.
Mining
Marathon Digital to power Bitcoin mining operations with methane gas from landfills
Bitcoin miners are increasingly turning to sustainable energy sources to power their operations.
Stablecoins
Stablecoin activity exceeds that of DeFi in Q3, with more than 400,000 active addresses
Many expect this dominance to continue as major payment companies, like Visa and PayPal, embrace stablecoins as web3 onramps.
Wallets
CoinStats introduces Chain Activity for comprehensive wallet insights for airdrop farmers
The new feature will allow airdrop farmers to monitor activity, transaction count, trading volume, fees, and more.
Crime
UK National Crime Agency forms specialized cryptocurrency team with new hires
Crypto community members says the salary will not attract the best for the role.
Stablecoins
USDC’s circulating supply falls below 25 billion after Circle curbs minting services for retail customers
Tether's USDT appears to benefit from the decline with it its supply approaching 85 billion.
Tokenization
Solana SOL token value grows by more than 330% YTD to 14-month high
Solana's SOL is the best-peforming top 20 asset in the last 24 hours.
Regulation
PayPal registered to offer crypto services in the UK, with restrictions
PayPal is restricted from offering certain crypto products despite its registration with the UK authorities,
DeFi
deBridge launches IaaS solution for cross-chain communication between Ethereum and Solana
IaaS will solve the major inherent issues affecting interoperability between the Ethereum and Solana ecosystems.
Exchanges
Coinbase to offer regulated crypto futures to US customers amid ongoing regulatory battle
Coinbase is continuing business unabated despite the SEC's ongoing case against it.
Regulation
BitGo secures cryptocurrency custody license in Germany
The company CEO had previously emphasized why being "licensed and regulated" was important for the crypto industry.
