Solv Raises $11M to Grow the $1.3B Bitcoin Staking Protocol
Solv Protocol’s SolvBTC product has more than 20,000 BTC staked ($1.24 billion) deployed across 10 major blockchain networks.Source
Crypto Custodian Copper Appoints Former SEC Advisor Amar Kuchinad as New Global CEO
Former CEO Dmitry Tokarev will continue as the board’s founder director.Source
Bitcoin Mining Profitability Fell in September, Jefferies Says
October could be a harder month for the miners with the network hashrate currently 11% higher while the bitcoin price is up only about 5%, the report said.Source
Bitcoin Takes Another Shot at $63.5K as China’s Vague Fiscal Stimulus Deters Capital Shift
China’s highly-anticipated fiscal stimulus announcement fell short of expectations, reducing the likelihood of capital flows into Chinese equities.Source
Trump-Supported World Liberty Financial Will Start Public Token Sale Next Week
The WLFI token sale will be open for everyone who has been qualified through the project’s whitelist.Source
Arkham’s Token Soars 16% on Report Sam Altman-Backed Crypto Firm Plans Derivatives Exchange
The company also relocated to the Dominican Republic, Arkham CEO Miguel Morel confirmed to CoinDesk.Source
Scroll Airdrop Allocation Met With Dismay From Farmers
Airdrop farmers are up in arms over the release of layer-2 network Scroll’s airdrop allocation this week, with 7% being set aside for early adopters whilst centralized exchange Binance will receive 5.5% for its Launchpool users.Source
Mt. Gox Postpones Repayment Deadline to 2025, Allaying Concerns of Bitcoin Selling Pressure
Mt. Gox-linked crypto wallets still hold $2.7 billion of bitcoin after having distributed nearly $6 billion worth of assets to creditors earlier this year, Arkham data shows.Source