Trading
Exchanges
Binance misallocates $20M Helium’s HNT tokens in mistake
Binance has been able to patch the bug and is currently looking into the situation causing the loss of $20M $HNT
Banking
Reuters reports major US banks pausing crypto lending plans amid challenging SEC guidelines
The SEC did not consult banking regulators before issuing guidance on crypto banking services, according to Reuters.
Regulation
White House releases inaugural framework for crypto regulation
Government officials said the guidelines will make the U.S. a global leader in regulating digital assets.
Regulation
Debate rages over whether Ethereum can be considered a security post-Merge
Some crypto community members have argued that Ethereum's transition to PoS could trigger regulatory interest in the token.
Merge
Santiment data shows 2 addresses controlling over 45% of Ethereum transactions post-merge
The market intelligence platform said the dominance of the addresses is something to watch.
NFTs
First post-Merge Ethereum NFT minted for $60K
The NFT is part of a panda face collection commemorating Ethereum's transition to PoS.
Merge
Ethereum switches to PoS after successfully completing the Merge
Ethereum cofounder Vitalik Buterin tweeted that the merge was a "big moment for the Ethereum ecosystem," and praised everyone who helped make it happen.
Regulation
SEC Chair Gensler reiterates that ‘most crypto are securities’ before US banking committee
Gensler said crypto intermediaries, like centralized exchanges and DeFi, facilitating these securities transactions would have to register with the SEC.
NFTs
New York museum plans to buy NFTs from art auction proceeds
Some of the art pieces likely to be sold include Pablo Picasso's "Guitar on a Table" and Francis Bacon's "Three Studies for a Portrait of Henrietta Moraes."
People
LUNA sinks 20% after South Korea issues arrest warrant for Do Kwon
Kwon’s arrest warrant is valid for one year and prosecutors are willing to try different tactics to bring to book.
Mining
Bitcoin mining difficulty expected to reach new all time high
Bitcoin’s price crashed by over 6% within the last 24 hours to around $20,800.
Payments
Russia PM sets December deadline for international crypto payments rule
Prime minister Mikhail Mishustin noted that the country's financial system would have to adjust because of the economic sanctions imposed by western authorities.
