Tether treasury receives two $50M USDT lump sums from Bitfinex
Two transactions showed lump sums of $50 million in USDT transferred from Bitfinex to the Tether treasury only a few minutes apart. Go to Source
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Coinbase crypto exchange obtains payment license in Singapore
The new MPI license comes one year after Coinbase’s initial in-principle approval in Singapore, enabling it to expand digital payment token services. Go to Source
FTX hacker’s wallet stirs as Ethereum ETFs prepare for U.S. debut
The data reveals two separate transactions in which the exploiter moved 2,500 ETH, each valued at $4 million. Go to Source
Bitwise announces Ethereum ETF’s launch on October 2
Bitwise stated that this move will enable investors to access CME Ether futures within the widely embraced and regulated ETF framework. Go to Source
Paradigm accuses SEC of bypassing rules in Binance lawsuit
Paradigm claimed the SEC is attempting to use the allegations in its complaint to alter the law without adhering to the established rulemaking process. Go to Source
Crypto Biz: Kraken offers stock trading as exchanges adapt to changing regulations
This week’s Crypto Biz explores Kraken’s securities arm, Gemini’s expansion in India, Binance’s return to Belgium, and an oil company in Argentina investing in crypto mining. Go to Source
FTX’s $3.4B crypto liquidation: What it means for crypto markets
Bankrupt crypto exchange FTX has been approved to liquidate nearly $3.4 billion worth of crypto assets, creating a sense of panic among crypto investors, but experts say the phased liquidation schedule will ensure market stability. Go to Source
Exchanges federation touts crypto trading regulation, integration with TradFi
The World Federation of Exchanges, whose members handled $140 trillion in trades in 2022, has some concerns as its members adopt DLT. Go to Source
Crypto exchange Kraken plans move into US stock trading: Report
The firm reportedly acquired a broker-dealer license from the U.S. Financial Industry Regulatory Authority as part of the expansion plan. Go to Source
Hong Kong police recover $11M worth of assets in JPEX case: Report
The JPEX scandal has grown to become one of the largest fraud cases in the country, with over 2,300 victims and losses estimated at over $175 million. Go to Source
