Ex-FTX exec ‘not worried’ about reporting to prison on Oct. 11
Ryan Salame pleaded guilty to conspiracy to make unlawful political contributions and defraud the Federal Election Commission after FTX’s collapse.
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Australian regulator trials auto take-down of crypto scam sites
The ACCC is using a countermeasures service from the U.K.-based Netcraft, which has been providing a similar service to the U.K.’s National Cyber Security Centre. 213 Total views 5 Total shares Cybersecurity specialists have welcomed a new trial by the Australian Competition and Consumer Commission (ACCC) to automatically take down scam websites. The trial saw dozens…

Crypto rug pulls: What is a rug pull in crypto and 6 ways to spot it
A rug pull is a type of crypto scam that occurs when a team pumps their project’s token before disappearing with the funds, leaving their investors with a valueless asset. Rug pulls happen when fraudulent developers create a new crypto token, pump up the price and then pull as much value out of them as…

BlackRock Bitcoin ETF posts September's biggest daily inflow of over $180M
BlackRock's Bitcoin ETF saw the highest daily inflow of any fund this month on Sept. 25, amid a wider five-day inflow streak across all spot Bitcoin ETFs in the United States.

First Digital redeems $26M after FDUSD depeg, dismisses Sun insolvency claims
First Digital has redeemed almost $26 million in stablecoin withdrawals after its FDUSD token briefly lost its US dollar peg following allegations of insolvency by Tron founder Justin Sun. First Digital USD (FDUSD) depegged on April 2, briefly falling as low as $0.87 after Sun claimed that First Digital was insolvent. On April 4, Sun

UK publishes plans for stablecoins regulation
Non-fiat-backed stablecoins will not be allowed into regulated payment chains. 348 Total views 2 Total shares The United Kingdom government has published an update to its plans to regulate fiat-backed stablecoins. The document, published on Oct. 30, aims to facilitate and regulate the use of fiat-backed stablecoins in U.K. payment chains.According to the document, His

Bitcoin forecast to hit $200K by end of 2025: Bernstein
Bernstein’s report is the latest in a series of bullish forecasts from institutional market researchers ahead of the November US presential election.

China state media signals tighter crypto regulations in Terra aftermath
China has used its Economic Daily media outlet to signal that further regulatory action may be taken toward stablecoins in the wake of the collapse of Terra’s algorithmic stablecoin. 270 Total views 12 Total shares The China state-owned media outlet the Economic Daily has signaled that the Chinese government may introduce even tighter regulations on…

Bitcoin short-term holders ‘over-reaction’ a factor in BTC’s drop below $50K — Glassnode
Glassnode says short-term holders have “carried the brunt” of losses from Bitcoin’s recent drop below $50,000.