Regulation
Investments
Lido sunsets Solana staking due to lack of funds; halts deposits effective immediately
The protocol said it would terminate support to its Solana frontend by February 2024.
Stablecoins
Tether freezes $873k in assets linked to financing terrorism
Tether said it has frozen a total of $835 million in crypto assets working with 31 agencies across 19 jurisdictions.
Tokenization
Arkham’s ARKM token rises 3% despite speculations that the firm is dumping via Wintermute
On-chain sleuths reveal that the blockchain analytical firm has dumped a substantial amount of its ARKM tokens this month.
Exchanges
UPbit becomes third major crypto firm to secure licensing in Singapore this October
Singapore's MAS has granted licenses to three major crypto firms, including Upbit Singapore, this month.
Bankruptcy
FTX liquidators stake $150M in Ethereum and Solana tokens during weekend
FTX liquidators staked the assets via Figment, a staking service provider.
ETF
Grayscale is ‘operationally ready’ to convert GBTC into ETF if SEC gives approval
The SEC had failed to contest a court ruling that directed it to review Grayscale's application for a spot Bitcoin ETF.
Exchanges
Paradigm backs Binance in move to dismiss SEC charges
The venture capital firm argued that the SEC lacks jurisdiction over the emerging cryptocurrency industry.
Stablecoins
Paolo Ardoino to take over as Tether CEO in December
Ardoino co-led the strategy that led to USDT's substantial market capitalization growth.
AI
US tightens grip on AI chip export to China amid escalating tech battle
China is targeting increasing its computing power by 50% in 2025.
Analysis
Will SEC file appeal by deadline as Grayscale Bitcoin Trust discount hits yearly low?
Market observers speculate that the U.S. Securities and Exchange Commission (SEC) will not contest the Court's directive.
Hacks
Multimillion FTX hack linked to Russian hackers: Elliptic
The laundering methods employed by the hacker is "disstinct and unsophisticated"
Exchanges
Binance rebrands feed feature as Binance Square, a social platform with monetization tools
Binance CEO Changpeng Zhao said blockchain technology can help to enhance social platforms.
