Crypto exchange volumes reflect Bitcoin traders’ ‘reduced trading appetite’ — Glassnode
Glassnode data highlights a “notable decline in trade activity over the last quarter,” but traders are hopeful that Q4 will bring a sharp trend reversal.
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Powers On… Broker disintermediation and unregulated crypto exchanges cause major concerns
Powers On... is a monthly opinion column from Marc Powers, who spent much of his 40-year legal career working with complex securities-related cases in the United States after a stint with the SEC. He is now an adjunct professor at Florida International University College of Law, where he teaches the course “Blockchain, Crypto and Regulatory Considerations.”More…

Attackers loot $5M from Osmosis in LP exploit, $2M returned soon after
Attackers have exploited a bug in the Osmosis exchange to the tune of $5M as FireStake validators admit to their role in racking up roughly $2M before stepping forward. 365 Total views 23 Total shares Osmosis, a decentralized exchange (DEX) built on the Cosmos network, was halted just before 3:00 am EST on Wednesday after…

Multichain under fire from users as hacking losses grow to $3M
Multichain users have lost over $3 million due to an unsolved security vulnerability that appeared in six supported tokens on Jan. 17. 866 Total views 8 Total shares Hackers have continued to exploit a critical vulnerability in the cross-chain router protocol (CRP) Multichain that first appeared on Jan 17.Earlier this week, Multichain urged users to…

‘Bitcoin… is cooked’ — ETH researcher sparks debate over which is ‘sound money’
Ethereum researcher Justin Drake says ETH issuance will decrease while the Bitcoin network will eventually be hampered by its supply cap, leading to debate on X.

The 18 Millionth Bitcoin to Be Mined This Friday, Only 3 Million Left
The 18 millionth Bitcoin (BTC) is expected to be mined this Friday, American investor and co-founder of investment firm Morgan Creek Digital Assets Anthony Pompliano tweeted on Oct. 15.Only three million BTC leftPompliano also noted that, at this point, there are only three million BTC left to be mined. The tweet asked to raise awareness…

ING Bank Launches Open Source Privacy Improvement Add-On for Blockchains
Dutch multinational banking and financial services corporation ING confirmed the release of its open source blockchain tool Zero-Knowledge Set Membership (ZKSM) in a press release Monday, Oct. 21.ZKSM, which functions as a privacy “improvement” to distributed ledger technology (DLT), such as blockchain, aims to provide validation of certain alphanumeric data without compromising that data’s overall…

US must win CBDC race to maintain dollar’s global reserve currency status: Federal Reserve Governor
The Federal Reserve Governor has urged the United States to be at the forefront of developing CBDC to maintain the U.S. dollar’s role as a global reserve currency. 19798 Total views 2 Total shares The Fed’s governor has argued that The United States must be at the forefront of developing a central bank-issued digital currency,…

Why Cathie Wood is bullish on Coinbase stock and believes Bitcoin will reach $1 million
In an interview with Bloomberg, ARK Invest CEO and CIO Cathie Wood recently discussed why her flagship fund, Ark Innovation (ARKK), is adding to its position in shares of Coinbase (COIN) after the SEC sued Binance, one of Coinbase’s biggest competitors. ARKK purchased nearly 330,00 shares of COIN on June 6, 2023, worth about $17…