Topic: #latest-news
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Netflix releases trailer for eight-episode FTX series on Bankman-Fried and Ellison
Netflix released a trailer for an eight-episode series about the lead-up to FTX's collapse. It stars Anthony Boyle as Sam Bankman-Fried and Julia Garner as Caroline Ellison, and Netflix said it will be released on Nov. 19.
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IMF warns tokenized markets could amplify risks as equity trading stays thin
The IMF said in a Thursday analysis that tokenized equities were less liquid and about 1.5 times as volatile as traditional stocks, warning that growth could amplify financial risks.
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US government-labeled wallets move 9,261 BTC ($770M) to Coinbase Prime, Galaxy says
Wallets labeled as US government moved 9,261 BTC (~$770M) to Coinbase Prime, according to Galaxy Research as reported by Cointelegraph. Galaxy said 2,456 BTC came from previously unknown holdings that may represent new seizures.
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Samsung Wallet to add USDC transfers for US Galaxy users in late October
Samsung said it will add USDC transfers to Samsung Wallet for eligible US Galaxy users in the last week of October. Users will be able to send to crypto wallets and pay out to bank accounts in more than 60 countries.
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Greece publishes draft bill proposing 10% capital gains tax on crypto
Greece published a draft bill proposing a 10% capital gains tax on cryptocurrencies, with a €500 annual exemption, Cointelegraph reported, as it moves toward its first digital asset taxation framework.
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Cuomo says crypto's Republican spending alienated Democrats needed for CLARITY Act
Former New York Governor Andrew Cuomo said at Token2049 that the crypto industry's heavy backing of Republicans alienated the Democrats whose votes are needed to pass federal crypto legislation like the CLARITY Act.
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Ethereum's Justin Drake urges crypto 'bunker mode' over AI risk to ECDSA
Ethereum researcher Justin Drake said in an X post that AI advances could eventually make it possible to break ECDSA, the algorithm securing crypto wallets, and recommended a gradual move of assets to fresh addresses.
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Tangem launches physical Visa card, says crypto card access lags demand
Swiss wallet provider Tangem announced its first physical Visa card on Wednesday. It told Cointelegraph that where crypto cards are available doesn't match where its payment demand comes from.
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BitMine's Tom Lee sets 5% hard cap on Ether holdings as target nears
BitMine Chairman Tom Lee said at Token2049 in Singapore that the company won't hold more than 5% of Ether's supply, citing roughly 6 million ETH held and about 100,000 ETH left to buy.
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Abstract, the Ethereum layer-2 built by Pudgy Penguins' parent, to shut down
Abstract, the consumer-focused Ethereum layer-2 built by Pudgy Penguins' parent Igloo Inc., said it will shut down this year. Igloo CEO Luca Netz said the company lost tens of millions without finding product-market fit.
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Ethereum's Glamsterdam upgrade goes live on Sepolia testnet ahead of mainnet
Ethereum's Glamsterdam upgrade went live on the Sepolia testnet on Tuesday, one of the final major rehearsals before mainnet. Developers haven't yet set activation dates for the Hoodi testnet or mainnet.
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OKX launches OKX Money stablecoin app with up to 10% APY on USDG balances
OKX has launched OKX Money, a stablecoin savings and payments app, in parts of Latin America, Africa, South Asia and the Middle East. Qualifying users can earn up to 10% APY on eligible USDG balances.
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S&P Global Ratings launches risk framework for crypto lending vaults
S&P Global Ratings has launched a framework that scores digital asset lending vaults across six risk areas. S&P puts sector deposits at about $10 billion, up from $1.5 billion two years earlier.
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Strategy spends $176.3M on STRC buybacks, outpacing its $28.7M Bitcoin buy
Strategy bought 334 BTC for $28.7 million last week, bringing its holdings to 848,000 BTC. Over the same week it spent $176.3 million to buy back about 1.77 million STRC preferred shares, according to an SEC filing.
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Metaplanet unveils net interest income strategy to fund Bitcoin buying
Metaplanet said on Monday it can move 10% to 15% of assets into strategic investments and use the net interest to fund Bitcoin accumulation and dividends, as shareholders press it on governance.
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Ramaswamy's Ohio governor bid sidelines crypto despite $170M Strive stake: report
Vivek Ramaswamy hasn't dropped his pro-Bitcoin positions but isn't putting them up front in his Ohio governor campaign, Cointelegraph reported, even as he keeps a Strive stake worth more than $170 million.
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Kraken parent Payward adds 24/7 dollar settlement with Singapore Gulf Bank
Payward, the parent of Kraken, partnered with Bahrain-regulated Singapore Gulf Bank to offer 24/7 US dollar settlement through SGB Net for select institutional clients in Asia and the Gulf region.
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Safe investor Greenfield Capital asks Swiss watchdog to review foundation board
Greenfield Capital said it filed a supervisory complaint with Switzerland's foundation watchdog, seeking changes to Safe Ecosystem Foundation's board after months of pressing the foundation directly.
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Zcash advocacy group PGPZ registers to lobby Washington on CLARITY Act and crypto tax
Pretty Good Policy for Zcash filed a lobbying registration effective Oct. 1, naming Divij Pandya as sole lobbyist and listing the Digital Asset Market Clarity Act and two tax proposals, Cointelegraph reported.
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Japan adds Russian crypto exchange Garantex to asset-freeze list in Russia sanctions
Japan placed Russian crypto exchange Garantex on its asset-freeze list on Friday as part of expanded Russia sanctions that also cover 33 organizations, nine individuals and 35 shadow-fleet vessels.
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Russia's Finance Ministry pays some staff wages in digital rubles for first time
Russia's Finance Ministry said some employees received wages in the central bank's digital ruble for the first time, a voluntary scheme that began Oct. 1, though it didn't disclose participants or payroll totals.
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AllUnity launches USDAU as EU stablecoin issuers make case for dollar tokens
European stablecoin issuers including AllUnity, Stable Mint and SG-Forge told Cointelegraph that businesses still need regulated dollar tokens, as the EU reviews MiCA and the ECB raises concerns.
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Bitcoin treasury firms may struggle to match Strategy, Saifedean Ammous says
Economist Saifedean Ammous said on Cointelegraph's Proof of Thesis that Bitcoin treasury companies built mainly around buying BTC may struggle to compete with Michael Saylor's Strategy and its $5.02 billion cash reserve.
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Aave founder says v3 unaffected after third-party adapter exploit drains $305K
An attacker drained about $305,000 from two Safe multisig wallets through a third-party adapter built on Aave, according to SlowMist. Aave founder Stani Kulechov said on X that Aave v3 itself was unaffected.