First Mover Americas: JPMorgan Goes Live With First Blockchain-Based Collateral Settlement
The latest price moves in crypto markets in context for Oct. 11, 2023.
Financial
U.S. State Regulators Intervene in Coinbase’s Unregistered Securities Case
Amicus briefs filed to support the SEC argue crypto is insignificant, only used for speculation, and captured by existing investor-protection rules.
Bitcoin Is Fundamentally Different From Other Cryptocurrencies: Fidelity Digital Assets
The crypto’s first technological breakthrough was not as a superior payment method but as a superior form of money, the report said.
Ellison Was CEO But SBF Was Still Boss at Alameda, Her Testimony Suggests
Unforgettable moments from Caroline Ellison’s first day testifying.
HODLers Stash BTC Worth $1.35B Each Month, Onchain Data Show
The continued accumulation shows tightening supply and a widespread reluctance to transact, according to Glassnode.
JPMorgan Debuts Tokenized BlackRock Shares as Collateral with Barclays
BlackRock said tokenization of money market fund shares as collateral in clearing and margining transactions would dramatically reduce the operational friction in meeting margin calls.
Bitcoin Slips to $27K as Escalating Hamas-Israel Conflict Dampens Investor Confidence
Traders expect risk assets to fall further should geopolitical tensions continue to rise.
WOO Network Buys Back Shares and Tokens From Bankrupt Three Arrows Capital
The 20 million WOO tokens repurchased from 3AC have been sent to a burn address.
Sam Bankman-Fried Wanted to Close Alameda in 2022, Unpublished Posts Show
He had hoped to continue Alameda Research as an investment firm and infrastructure developer, but claimed in the posts that Alameda wouldn’t actively trade.
Bitcoin Cash Sees Biggest Liquidity Jump in Q3 Despite 23% Price Slide: Kaiko
Liquidity refers to market’s ability to absorb large orders at stable prices.