Trading
Mining
Marathon Digital invested over $30 million in bankrupt Compute North
Marathon holds 10,670 BTC, which is valued at roughly $207.3 million.
Regulation
EU narrows Russia’s options further with crypto sanctions
The EU says its sanctions will potentially weaken Russia's industrial capacity to continue its war in Ukraine.
Regulation
SEC staff reportedly unhappy with Gensler over Kim Kardashian ‘publicity stunt’
The SEC's enforcement staff reportedly believes that Chairman Gary Gensler violated protocol by using media attention to prop his reputation for the Treasury Secretary position.
Legal
Ripple ‘slams’ SEC for opposing amicus briefs, XRP up 3.6%
Ripple's XRP is up 3.6% over the last 24 hours, continuing its impressive run over the last 30 days, according to CryptoSlate data.
Price Watch
Bitcoin briefly trades above $20k as traders ape into futures
Macroeconomic concerns like Credit Suisse's possible insolvency and the further escalation of the crisis in Ukraine also appear not to be affecting Bitcoin's performance presently.
People
Do Kwon deems news of $40M crypto freeze a ‘falsehood’
The Terra community is working on several ideas that could lead to the re-peg of USTC and boost the value of LUNC.
DEX
GMX DEX spikes 35% as Binance, FTX announce listing
GMX token gained wide popularity in early September when its value rose above the $50 mark during a period when the broader market was trading flat.
Bankruptcy
Over 300 3AC-linked NFTs moved to new wallet address
Some of popular NFTs moved to the new address include Pepe the Frog NFT Genesis, Fidenza #718, DANKRUPT, DECAY etc.
DEX
Over $4B laundered through DEXs, coin swaps and cross-chain bridges, Elliptic reports
Elliptic stated that over $3 billion was laundered through decentralized exchanges.
Scams
Crypto giants criticize Twitter on scam, bot accounts impersonating them
Vitalik Buterin has described the bot menace as a "complete failure of blue checkmarks in their current form."
Analysis
Cardano founder Charles Hoskinson calls for an end to Bitcoin mining
Hoskinson predicted that more wrapped Bitcoin would be on other blockchain networks in the next five years.
Bankruptcy
Bankrupt crypto lender Celsius to auction assets on Oct. 20
Celsius investors have expressed reservations about selling the firm's assets to an external investor.
