Meet Midas: A New Yield-Bearing Stablecoin Investing in U.S. Treasuries

The proposed stablecoin, which tokenizes ownership of Treasuries, mentions BlackRock, Circle, Fireblocks and Coinfirm as “institutional partners.”Source

Crypto Lender Hodlnaut to Be Liquidated, Court Filing Shows

Defunct cryptocurrency exchange Hodlnaut will be wound up, according to a note from the company’s former interim judicial managers, Aaron Lee and Angela Ee.Source

International Deal to Combat Crypto Tax Evasion to Start 2027 as 48 Countries Sign Up

Several countries with a sizeable interest in crypto, such as Turkey, India, China, Russia and all African nations, are not signatories to the statement.Source

First Mover Americas: Ether Surges on BlackRock’s ETF Plans

The latest price moves in bitcoin [BTC] and crypto markets in context for Nov. 10, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Source

Celsius Bankruptcy Reorganization Plan Approved by Court; Implementation by Early 2024

Crypto lender Celsius secured approval for its reorganization plan from a bankruptcy court on Thursday, marking an end to an ordeal that began when it filed for bankruptcy in July last year.Source

Poloniex Hot Wallets Hacked With $114M Seemingly Stolen: On-Chain Data

Cryptocurrency exchange Poloniex has had its hot wallets drained by hackers with an estimated loss of around $60 million.Source

JPMorgan Adds Programmable Payments to JPM Coin

Previously clients would need to set standing orders for payments to take place at a particular time; now they can program them to kick in when the relevant criteria are met.Source

Bitcoin Could Hit $69K by Mid-2024 as It Enters Acceleration Phase, Analyst Says

BTC prices have doubled this year amid a spot ETF push by prominent traditional finance firms.Source

Michael Saylor’s Massive Bitcoin Bet Crosses $1B in Unrealized Profit

Saylor’s business software company, MicroStrategy, held more than 158,000 bitcoins as of Friday.Source