Crypto events turn to regulation and politics as US election looms
Some executives at crypto and blockchain firms have suggested prioritizing US congressional races over the presidential election.
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Data shows Bitcoin price drops days after BTC futures open interest hits $1B
There was a time when BitMEX derivatives exchange reigned sovereign over other exchanges, and the company effectively held a 50% market share until July 2019. For this reason, traders kept a close eye on every indicator connected to BitMEX, including its funding rate, open interest, and basis.Open interest measures the total number of contracts held…

Huobi and Gate.io under fire for allegedly sharing snapshots using loaned funds
A wallet address linked to the Huobi exchange was found transferring 10,000 ETH to Binance and OKX deposit wallets soon after releasing its asset snapshot. To counter the rising mistrust among crypto investors following the FTX collapse, crypto exchanges unanimously decided to share proof of reserve with the public as a way to showcase legitimacy.…

Time Magazine Includes Blockchain Startup in Its 50 ‘Genius Companies 2018’ List
American journal Time Magazine has included a blockchain startup in its recent top 50 “Genius Companies 2018" list, published Thursday, October 4.In putting together the list, the magazine asked their editors and correspondents to name "businesses that are inventing the future." Influence and success were among the criteria for the choice. Bitland, a blockchain startup…

FTX hacker moves $120M amid Sam Bankman-Fried trial: Report
Blockchain analytics firm Elliptic didn’t rule out the possibility of the $477 million hack being an FTX inside job. 76 Total views 1 Total shares Anonymous hackers of the now-defunct exchange FTX have been moving large amounts of assets stolen from the platform, with new transactions occurring just as the ongoing trial of FTX founder

Blender and Sinbad operators face US money laundering charges
Two Russian nationals face charges of conspiracy to commit money laundering and operating an unlicensed money-transmitting business, while one remains at large.

Apple rushes out patch fixing zero-day attacks on macOS systems
The vulnerabilities caught the attention of the former CEO of Binance, Changpeng “CZ” Zhao who advised users to update their operating system immediately.

SEC approves Grayscale, Proshares spot Ethereum ETFs for trading on NYSE Arca
The issuers must still await final regulatory signoff on S-1 filings before listing the funds.

Crypto Biz: Step aside, Warren Buffett; stablecoin issuers hold more US debt than Berkshire Hathaway
Warren Buffett raised eyebrows this week when his firm, Berkshire Hathaway, upped its exposure to United States Treasury bills. If you’re one of the few remaining bulls out there, Buffett’s flight to safety is concerning because it signals that the Oracle of Omaha would rather get a 3% yield instead of playing the stock market.…