South Korea’s Financial Services Commission plans to investigate Upbit over concerns about its market dominance and its close ties with K Bank. A local media report cited FSC chairman Kim Byoung-hwan, stating that the country’s top financial regulator will thoroughly…
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Spot Bitcoin ETFs log second consecutive day of outflows, led by ARK 21Shares’ ARKB [btcmanager]
U.S. spot Bitcoin exchange-traded funds recorded their second consecutive day of net outflows on Oct. 9, with $30.59 million exiting the funds. According to data from SoSoValue, 12 spot Bitcoin ETFs extended their outflow streak to a second day, with…
Crypto market looks bearish ahead of CPI report, BTC at $60k [btcmanager]
The cryptocurrency market shows signs of an incoming correction hours before the U.S. Consumer Price Index report is released. The global crypto market capitalization declined 3.3% in the past 24 hours, sitting at $2.22 trillion, per data from CoinGecko. The…
Dragonfly-backed Agora to use Wormhole for AUSD cross-chain expansion [btcmanager]
Stablecoin issuer Agora has selected Wormhole as the interoperability hub for its stablecoin AUSD. Crypto startup Agora, which raised millions in funding led by Dragonfly, has picked the cross-chain protocol Wormhole as its core interoperability provider for AUSD to expand…
ZachXBT exposes Murad Mahmudov’s 11 meme coin wallets [btcmanager]
Web3 investigator ZachXBT reveals what he claims to be 11 Ethereum and Solana wallets belonging to Murad Mahmudov, a crypto trader who has been actively promoting memecoins on his socials. On an Oct. 8 X post, crypto sleuth ZachXBT claimed…
Taiwan regulators mull piloting crypto custody services with local banks: report [btcmanager]
Taiwan’s financial watchdog reportedly plans to launch a pilot program for crypto custody services, with three banks already expressing interest. Taiwan‘s Financial Supervisory Commission is set to launch a pilot program for crypto custody services, aiming to stimulate institutional adoption…
Are NFTs making a comeback or just riding the hype? Here’s what the numbers say [btcmanager]
After a dull stretch, NFT sales have taken a turn for the better. What’s behind this momentum, and is it a sign of a lasting revival? NFTs are finally making a comeback Non-fungible tokens are starting to show signs of…
Cardano investors ditch ADA for new coin set for 10x growth by Q1 2025 [btcmanager]
With a bull run ahead, Cardano’s 10x gains by Q1 2025 seem unlikely, but IntelMarkets and Solana are gaining attention. #partnercontent
Forget Bitcoin; investing $300 in these 3 cryptos could secure a $2M portfolio by 2026 [btcmanager]
Learn how three promising cryptocurrencies could transform $300 into $2M by 2026. #partnercontent
US charges 4 companies, 14 individuals with crypto fraud [btcmanager]
Four cryptocurrency companies and 14 individuals have been charged in what U.S. prosecutors describe as the first criminal prosecution targeting market manipulation and sham trading in the crypto industry. The companies involved — Gotbit, ZM Quant, CLS Global, and MyTrade…