Cantor Fitzgerald CEO Is a Bitcoin Maxi and Tether Fan

Cantor Fitzgerald is one of the custodians for Tether’s $90 billion worth of treasuries.Source

SEC Hasn’t Met Legal Requirements to Sue, Binance Says in Latest Bid to Dismiss Lawsuit

Binance, Binance.US and Changpeng Zhao argued that the U.S. Securities and Exchange Commission did not meet the requirements of the “Howey Test” in its suit against the two companies and their founder in a new filing Tuesday.Source

Bitcoin Halts at $41K as Traders Eye Fed Rate Decision; AVAX Flips Dogecoin as Altcoins Jump

Bitcoin remained steady around $41,000 after Monday’s dramatic flush.Source

Warren’s Crypto Bill Is Likely Unconstitutional. It’s Also Unlikely to Pass

Democratic lawmakers signed on to sponsor the Digital Asset Anti-Money Laundering Act. The bill is bad for crypto in the U.S., even if it never gets through Congress.Source

DeFi Platform Conic Finance’s CNC Token Surges 50% as the Protocol Plots Comeback After Hack

Conic Finance was hacked in July draining roughly $3.6 million worth of ether from the protocol.Source

U.S. Presidential Candidates Chat About Crypto, Target Federal Regulators

The three aspiring presidents touched on many of the same pro-crypto points at a Coinbase-linked crypto advocacy event.Source

Cathie Wood’s ARK Invest Offloads Nearly $13M Worth of Grayscale Bitcoin Trust Shares

Digital asset manager Grayscale’s bitcoin investment vehicle’s shares fell 8.6% Monday, reflecting the day’s 5.8% drop in bitcoin.Source

China to Verify Citizens’ Identities With New Blockchain-Based Platform

The announcement follows a government rule change to require social media influencers to display their real names.Source

World’s First Bitcoin Bonds Receive Regulatory Approval in El Salvador

The bonds are expected to launch in Q1 of 2024, several posts amplified on social platform X by President Nayib Bukele suggest.Source