Kamala Harris’s Unrealized Capital Gains Tax Would Hurt All Crypto Investors

The proposed 25% levy would hurt early investors in bitcoin and lead to a selloff in the wider market, says Zac Townsend, CEO and co-founder of Meanwhile.Source

Fan Tokens Have Much Larger Market Than NFTs, Says Chiliz CEO as Blockchain Prepares New Memecoin ‘Pepper’

The Chiliz blockchain is aiming to become “the sports blockchain,” its CEO Alexandre Dreyfus told CoinDesk in an interview, while also calling out the disproportionate historical hype around NFTs in comparison to fan tokens.Source

The Protocol: Inside North Korea’s Campaign to Put Crypto Developers on Payroll

In this week’s issue of CoinDesk’s weekly blockchain tech newsletter, we’ve got names, details and anecdotes on crypto companies’ unwitting hires of North Korean developers. PLUS month-end rankings for bitcoin, ether and other digital assets in the CoinDesk 20 index during a strangely bullish September.Source

Indiana Man Pleads Guilty to Stealing $38M in Crypto Via ‘Cyber Intrusion’

An Indiana man has pleaded guilty to taking part in the “cyber intrusion” of a Sioux Falls, South Dakota-based financial services company, during which he and unnamed co-conspirators hacked into the company’s servers, stole customers’ personal information, and then stole nearly $38 million in cryptocurrency from 571 victims.Source

EigenLayer’s Token Launch Draws Scrutiny Over Supply Concerns

In some ways, the release of EigenLayer’s native EIGEN token this week was as expected; price rapidly rose moments after it was listed on exchanges, leading to a period of price discovery that culminated in a 22% slide from it’s momentary record high. But there appears to be a storm brewing behind the scenes, with several investors and community members calling foul on a lack of transparency over the token’s supply.Source

The Rise of Index Investing in Crypto

Despite undeniable growth, crypto remains volatile, posing challenges for even seasoned investors. An increasingly popular solution to navigating these risks is crypto index investing, says Julien Vallet, CEO, Finst.Source

Crypto at a Pivotal Moment

The U.S. election combined with an easier monetary environment could spark the next crypto bull market, says David Lawant.Source

U.S. Election Betting: Kalshi Preps Presidential Prediction Markets After Re-Launching Congressional Contracts

The CFTC “has failed to demonstrate that it or the public will suffer irreparable injury absent a stay pending appeal,” an appeals court said, clearing the prediction market to resume listing the contracts.Source

Bitwise Makes XRP ETF Plans Official With SEC Filing

Bitwise submitted an S-1 form to the U.S. Securities and Exchange Commission, a requirement for companies seeking to issue a new security and be listed on a public stock exchange.Source

Christie’s to Offer Blockchain-Based Ownership Certificates for Photography Collection

Wednesday’s sale of “An Eye Towards the Real: Photographs from the Collection of Ambassador Trevor Traina,” in New York will see digital certificates issued for each of the 130 lots, which will be minted by Kresus on Base.Source