The CoinDesk Market Index fell 11% overall as we saw increased bifurcation between established majors (Bitcoin and Ether) and all other digital asset protocols and projects, writes Todd Groth, head of research at CoinDesk Indices.Source
Crypto traders suffered over $100 million of losses in liquidations on Monday, Coinglass data shows, as the digital asset market rout intensified.Source
The organization will host a multi-signature wallet to collect donations in multiple cryptocurrencies, including bitcoin (BTC) and ether (ETH) as well as the dollar-linked stablecoins USDT and USDC.Source
It’s a distraction for the industry when the focus should be on passing enabling legislation, says Katherine Snow, head of legal at Messari.Source
The longest-running crypto exchange says three European banks are in talks about offering crypto services – a stark contrast to the U.S., where firms are wary amid a regulatory crackdown.Source
Remarks at a parliamentary hearing suggest no digital currency swerve when Fabio Panetta steps down in NovemberSource
Without the U.S. Congress outlining a clear system of rules, the crypto industry fears it’ll be relegated as a volatile financial backwater. But Capitol Hill is beset by drama, including a U.S. House of Representatives that fired its speaker and a budget debate that could derail the federal government.Source
The U.S Department of Justice wants the judge overseeing its case against Sam Bankman-Fried to block the defense team from introducing any evidence that his stake in artificial intelligence company Anthropic will benefit FTX creditors after the company’s recent fundraise.Source
The newest viral application launched nearly a week ago and quickly gained a cult following.Source
The so-called decentralized autonomous organization initially formed to focus on building products, but activist investors who showed up were more interested in the project’s treasury.Source