Balaji’s ‘Singapore of social media’ begins with a wave of bans
Network School founder Balaji Srinivasan wants to turn Farcaster into a haven for well-mannered techno-optimists. He had to do a bit of housekeeping first.
MSCI adopts index exclusion rules that could oust Strategy
Strategy, Metaplanet and Upexi were previously identified for deletion under the methodology, with MSCI set to announce its final list on Nov. 11.
Australia releases draft bill to adopt OECD crypto tax reporting framework
Australia is among 77 jurisdictions committed to adopting CARF, with its first international exchanges of crypto tax data expected in 2028.
Scammer loses $4.8M stored on tampered Ledgers: Asia Express
A scammer reportedly lost $4.8M of stolen money after storing the funds on tampered Ledgers. Bitcoin and Ether ETFs launch trading in Thailand and South Korea blocks 27 exchanges.
Binance.US seeks $1B valuation in potential $100M funding round: Report
The crypto exchange was reportedly looking to use the additional funding to regain market share following Binance’s 2023 settlement with US authorities.
Ex-Trump crypto adviser profited after helping pass stablecoin bill: WSJ
The Wall Street Journal reported that a company co-founded by Bo Hines benefited from the passage of the GENIUS stablecoin bill.
Sweden revisits digital krona as ECB advances digital euro plans
Sweden’s Riksbank has recommended that lawmakers prepare for a possible digital krona, citing concerns over foreign-currency stablecoins and the future of domestic payments.
Bitcoin slips under $80K after US PPI gains most in four years
BTC buyers attempted to defend $80,000 support after September US producer inflation overshot expectations by 100 basis points for the largest monthly gain since March 2022
Mastercard brings stablecoin balances into traditional banking and card payments
The launch of Global Money Platform marks Mastercard’s first major integration with BVNK since its August acquisition, with Nuvei and Marqeta among the first companies to adopt the platform.
Nasdaq-listed Tron sets up $200M ATM share offering to fuel TRX acquisitions
The Nasdaq-listed treasury company holds about $237 million in TRX tokens and plans to raise additional capital to fund its purchases, alongside its daily accumulation.