Will Bitcoin break above six figures before Christmas? PlanB’s Stock-to-Flow model suggests $100,000 BTC could be imminent.
Crypto markets tag $3T combined market cap for first time
Cryptocurrency’s combined market cap has tagged $3 trillion for the first time as top altcoins push into all-time highs.
Investors rug-pulled after pouring $57M into dog-themed OlympusDAO fork
Hong Kong police have reportedly been notified of the incident, with the primary suspect having filed a police report and handed a computer over to authorities.
SHIB plummets 20% as Elon Musk reveals he owns none
SHIB quickly crashed 20% as Tesla CEO and dog-token proselytizer Elon Musk announced he owns none of the canine-themed coins.
CFTC reportedly investigating decentralized prediction platform Polymarket
Polymarket is believed to have hired CTFC enforcement head James McDonald to handle the probe.
Top engineers working on Facebook’s wallet jump ship to A16z’s crypto fund
The engineers will provide technical advice to Andreessen Horowitz’s portfolio companies.
El Salvador to build $4M veterinary hospital using profits from Bitcoin trust
Salvadoran president Nayib Bukele said no Bitcoin will be sold to fund the investment, with the state instead drawing USD from its Bitcoin trust.
Globetrotting Binance looks to Ireland for ‘centralized’ headquarters
Binance established three subsidiaries in Ireland during September and the globe trotting exchange may be settling down.
Rocket Pool delays launch after vulnerability discovered by rival
Staking provider Lido was also found to be vulnerable to the bug that has delayed the launch of the Eth2 staking service Rocket Pool.
Senator pressures OCC nominee over missing Marxism thesis from Moscow Uni
“I don’t think I’ve ever seen a more radical choice for any regulatory spot in our federal government,” said Senator Pat Toomey.
MakerDAO founder’s plans to address climate change and pivot back to ETH
Rune Christensen believes MakerDAO’s collateral should be mobilized to capital into sustainable investments.
Riot Blockchain tripled production this year and is hoarding $194M in Bitcoin
Public mining firm Riot Blockchain has more than tripled its year-to-date Bitcoin production.
Laos partners with Soramitsu on CBDC research as regulated crypto mining begins
Soramitsu, the firm that helped build Cambodia’s Bakong digital payments system, will work with the Laos government to research what a Laotian CBDC might look like.
Gensler confirms SEC won’t ban crypto … but Congress could
Representative Tom McHenry believes Gary Gensler’s SEC has disregarded standard practice when going after crypto.
Sentenced ‘Bitcoin czar’ named among Pandora Papers
The ICIJ’s report suggests the “Bitcoin czar” may have been a member of the Carbanak hacking group.
El Salvador introduces fuel subsidy of $0.20 per gallon to locals who pay in BTC
El Salvador is looking to bolster adoption of its government-issued Chivo Bitcoin wallet by offering discounts on petrol purchases of $0.20 per gallon to consumers who pay using BTC.
Compounding problems: $65m more COMP at risk as devs wait for time-locked bug fix
While Compound’s developers submitted a fix for the protocol’s bug on Sept. 30, the update won’t take effect until a seven-day time-lock on code updates has passed.
US House of Reps to deliver verdict on infrastructure bill this week
While Speaker Nancy Pelosi expects the infrastructure bill to pass, the Democrats are divided on whether to pass the legislation before the terms of a follow-up $3.5 trillion package is finalized.
Acting OCC head warns that ‘fools gold’ in DeFi reminds him of lead-up to GFC
While crypto has been mostly weathered past hacks, scams, and crashes, acting OCC head Michael Hsu warns the risks may be multiplying as the technology goes mainstream.
SushiSwap denies reports of billion dollar bug
Claims by a self professed white-hat hacker about a major security risk to SushiSwap liquidity providers have been rejected by one of the exchange’s devs.