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    Blockchain

    GBTC Price as Likelihood of Bitcoin ETF Grows Larger

    The recent federal judge's rulings overturning the SEC's rejection of Grayscale's application to convert its Bitcoin Trust (GBTC) into an ETF have indeed increased the likelihood of a spot Bitcoin ETF approval by the SEC.

    European Commission Initiates €800,000 Study to Address Crypto’s Environmental Impact

    On Tuesday, the European Commission awarded an 800,000 euro ($842,000) contract as part of its efforts to address the environmental impact of cryptocurrencies.

    Ethereum Developers Make Second Attempt to Launch Holesky Testnet After Previous Flop

    Ethereum developers have relaunched the Holesky test network after a previous attempt earlier this month failed.

    Crypto.com, PayPal and Paxos Partner for PayPal USD Integration – Here’s What You Need to Know

    Payments and cryptocurrency exchange Crypto.com is integrating PayPal USD (PYUSD) establishing it as a ‘preferred’ exchange for the stablecoin.

    Curve Founder Michael Egorov Settles $35.3 Million Debt Position on Aave Platform, $CRV Set for Bull Run?

    Michael Egorov, the founder of the decentralized finance (DeFi) protocol Curve, has recently paid off all his debt on the lending protocol Aave. Currently, he has a remaining debt of $42.7 million across four other DeFi protocols.

    Binance Changpeng Zhao Denies Ownership of CommEX Following Sale of Russian Entity

    Binance CEO Changpeng Zhao has distanced himself and the company from the ownership of CommEX, the newly launched digital asset exchange that will take possession of Binance’s Russian entity. 

    Brazil’s Central Bank Tightens Rules as Crypto Adoption Rises

    The central bank of Brazil has vowed to tighten rules and strengthen its oversight of crypto platforms, as crypto adoption in the country surges higher.

    Brazilian Military, Police, Civil Servants Face ‘Crypto Mining Ban’

    The Brazilian state of Santa Catarina has barred public officials, including police and military officers, from mining crypto.

    Police Make 12 Arrests, Seize $1 Million in Cash and $9.8 Million in Assets in JPEX Case

    On Tuesday, Hong Kong police announced the arrest of 12 suspects in connection with the JPEX cryptocurrency exchange platform scandal.

    US House Committee Grills SEC Chair Gary Gensler Over Crypto, Dubbed ‘Tonya Harding of Regulation’

    In a congressional hearing on September 27, the chair of the United States Securities and Exchange Commission (SEC) Gary Gensler, faced a barrage of questions and criticisms regarding the oversight of crypto markets. 

    BIS and Central Banks of France, Singapore and Switzerland Successfully Test Cross-Border CBDC Using DeFi

    The Bank for International Settlements (BIS) and central banks of France, Singapore, and Switzerland have jointly announced a successful test of cross-border trading and settlement for wholesale central bank digital currencies (wCBDCs).

    Do Kwon Fights SEC Extradition Request Over Terra and Luna Stablecoin Collapse

    Do Kwon, founder of Terraform Labs, is fighting a U.S. Securities and Exchange Commission (SEC) request to extradite him for questioning about the collapse of his stablecoins Terra and Luna, according to court documents filed on Wednesday.

    Chainlink’s Cross Chain Protocol Goes Live On Base: Here’s The Latest

    Blockchain oracle network Chainlink has integrated its Cross-Chain Interoperability Protocol (CCIP) on the Coinbase layer 2 network, Base.

    Belgian Market Maker KeyRock Acquires Swiss Anti-Money Laundering Approval

    KeyRock, the Belgian crypto market marker, has successfully gotten clearance from the Swiss Financial Services Standards Association (VQF). 

    Mixin Network Proposes $20 Million Bug Bounty to Hacker in $200 Million Security Breach

    Mixin Network, the Beleaguered cross-chain transactional network for digital assets, which suffered an attack on Sept. 23 wiping $200 million, has offered a bug bounty to the exploiter on Wednesday.

    Fraudster Faces 12-year Jail Sentence for $100M Crypto Ponzi Scheme

    Pablo Renato Rodriguez, co-founder of the major crypto-based pyramid scheme AirBit Club, has been sentenced to 12 years in prison by US District Judge George B. Daniels.