Donald Trump said nothing about changing tax laws for Americans using Bitcoin to buy coffee but has suggested eliminating federal income tax. With United States Election Day less than a week away and many voters already going to the polls, social media is rife with misinformation about candidates’ policies. MicroStrategy executive chair Michael Saylor seems...Continue Reading

Flow Traders will buy a stake in Wormhole and facilitate cross-chain crypto swaps.  Institutional market maker Flow Traders has partnered with Wormhole, an interoperability protocol, to improve cross-chain liquidity and performance, according to an Oct. 30 announcement. Flow Traders will buy a stake in Wormhole Foundation and commit to facilitating multichain swaps as part of...Continue Reading

Bitcoin’s shallow pullback shows buyers are not rushing to the exit and increases the likelihood of a rebound to new all-time highs. Will altcoins follow? Bitcoin (BTC) bulls failed to push the price to a new all-time high on Oct. 29, but a positive sign is that they have not ceded much ground to the...Continue Reading

Lazarus Group used a fake playable NFT game to steal wallet credentials through a vulnerability on Google Chrome.  In this week’s newsletter, read about how the Financial Industry Regulatory Authority (FINRA) urged its members to be mindful of their regulatory obligations as they explore metaverse technologies, find out how North Korean hackers used a non-fungible...Continue Reading

This was the first case against JPEX, which operated in Hong Kong without a license. A court in Hong Kong has ruled in favor of two investors who filed a civil suit against the defunct JPEX cryptocurrency exchange and an associated Hong Kong business. This was the first suit in what has been called Hong...Continue Reading

The proposed ETF holds a diverse basket of crypto assets, include altcoins. It may face competition. NYSE Arca, a securities exchange, asked United States regulators for permission to list a Grayscale exchange-traded fund (ETF) holding a diverse basket of spot cryptocurrencies, according to an Oct. 29 filing. The Grayscale Digital Large Cap Fund, which was...Continue Reading

A historically accurate Bitcoin price indicator suggests that BTC’s price will reach the $174,000–$462,000 range within 24 months. Bitcoin (BTC) registered its highest-ever three-day candle close at $72,724 on Oct. 29 after the crypto asset rallied 8.75% in 24 hours. With BTC moving above its overhead resistance at $71,500, based on this key indicator, investors...Continue Reading

BTC price gains are seen continuing after a brief support retest, but it is the lack of interest or market overheating causing the real stir. Bitcoin (BTC) coiled below all-time highs on Oct. 30 as commentators struggled to believe the calm market reaction. BTC/USD 1-hour chart. Source: TradingView Data from Cointelegraph Markets Pro and TradingView...Continue Reading

Frustrated users claim Off The Grid is becoming “unplayable” due to cheating, with some warning it “will die” if the problem isn’t fixed. The hottest Web3 game of the moment, Off The Grid, has been called unplayable by some gamers frustrated with all the cheaters. In response, Gunzilla Games has upgraded its anti-cheating detection systems...Continue Reading

John Ray, who took over as FTX CEO in November 2022, suggested Nishad Singh’s cooperation in the firm’s bankruptcy would be “important to maximize recovery” for creditors. Scheduled to be sentenced on the afternoon of Oct. 30, former FTX engineering director Nishad Singh has submitted an eleventh-hour letter from the company’s current CEO, who said...Continue Reading