Crypto News Roundup for Nov. 4, 2021
Markets Daily Crypto Roundup
With altcoins stabilizing near recent all-time-highs and a look at what went wrong with Sam Altman’s Worldcoin, CoinDesk’s Markets Daily is back with the latest news roundup.
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Bitcoin Slumbers as ETF Hopes Simmer; PEPE Leads Altcoin Gains
Bitcoin (BTC) and ether (ETH) traded flat on Monday after a relatively uneventful weekend for crypto majors in the absence of a strong catalyst that could help add buying pressure to a dim market.Bitcoin traded just over $29,300 while ether flirted around the $1,850 mark. Both assets have returned slightly over 1% for investors in…

Indian Crypto Exchange CoinDCX’s DeFi Arm Okto to Launch Blockchain and OKTO Token
CoinDCX has expanded the Okto wallet into an Okto ecosystem to give users a single-click mobile experience in Web3.A points program has been launched and a blockchain and the $OKTO token to power that chain will come later this year.Indian crypto exchange CoinDCX has expanded what started as the Okto wallet into an Okto ecosystem

The Man Who Tokenized Himself Gives Holders Power Over His Life
Jun 30, 2020 at 21:21 UTCFrenchman Alex Masmej, 23 years old, recently raised $20,000 on Ethereum by tokenizing himself. Now he wants his investors to vote on his life choices. His “control my life” experiment challenges token holders to tell him whether to take a run or eat only veggies. That may sound a little…

Crypto Stocks Advance Pre-Market as Bitcoin Tops $51K, Market Cap Hits 26-Month High
U.S.-listed crypto companies rose Wednesday as bitcoin {{BTC}} climbed past $51,000 for the first time since December 2021, taking its market cap to $1 trillion.Bitcoin, the largest cryptocurrency by market value, added about 2.9% in the last 24 hours, while the CoinDesk 20 Index, a measure of the largest digital assets, rose around 2.1%. Ether

Hut 8’s Alberta Bitcoin Mine Running at 15% Installed Hashrate Due to Electrical Issues
Eliza Gkritsi is CoinDesk's crypto mining reporter based in Asia.Hut 8 Mining's (HUT) site in Drumheller, Alberta is currently running at 15% of its installed hashrate due to electrical issues, with a restoration expected in 10-12 weeks, the firm said on Tuesday.The miner, which is undergoing one of the most significant mergers in the industry…

Binance to Airdrop $3M in BNB to Users Affected by Morocco Earthquake
Cryptocurrency exchange Binance said it will give a total of $3 million worth of BNB tokens to users living in areas affected by the Sept. 8 earthquake in Morocco.Users who had verified their address details before Sept. 9 to show they live in Marrakesh-Safi province will each receive $100 worth of the token. Users who

New York’s Financial Watchdog Is Hiring Another Crypto Superintendent
news New York state is looking beef up its cryptocurrency-focused regulatory staff, according to a job advert posted online on Thursday. As outlined in the ad, the new Deputy Superintendent for Virtual Currency will be tasked with creating and maintaining compliance measures for virtual currencies including markets, involved businesses and other regulatory bodies for the…

Blockchain Security Firm Quantstamp Hopes to Battle Flash Loan Attacks With New Service
Blockchain security platform Quantstamp is hoping to quell the increasing threats of flash loan attacks with a new service that claims to catch exploits before they go off, the company told CoinDesk.The Economic Exploit Analysis service detects common attack pathways used by exploiters through automated tooling before protocols get hacked. The service has been released…