EU Regulator Warns of ‘Opaque’ Crypto Firms as It Seeks to Close MiCA Loopholes
The European Securities and Markets Authority doesn’t want foreign companies operating via EU “letterbox” entities.
Financial
SBF Trial: FTX Exec Felt ‘Suicidal’ in Crypto Exchange’s Final Days
“Five years of blood, sweat, and tears turned out to be for something evil,” Nishad Singh told a jury.
Bitcoin Above $28K Buoyed by California ‘BitLicense’ Bill Being Signed
The broader crypto market returned just over 1.24% on average in the past 24 hours, CoinDesk Market Index shows.
Israel Freezes 100 Binance Accounts Over Suspected Hamas Links: FT
Authorities requested information on some 200 other crypto accounts, the FT said, citing people familiar with the matter.
Lido Finance Sunsets Solana Staking Product After DAO Vote
The staking service for SOL tokens will be discontinued over the coming months, developers said.
Bitcoin’s Rising Dominance Rate Challenges Altcoin Boom From 2021
Bitcoin’s dominance rate (index), which measures the top cryptocurrency’s share in the total crypto market, touched a 2.5-year high of 52.45% on Monday.
FTX Plans to Return 90% of Customer Funds, But There’s a Catch
An amended proposal released early Tuesday will be filed by the FTX Debtors by mid-December if approved.
Bitcoin Liquidity on Binance Plummeted During the ETF Rumor-Induced Market Rollercoaster: Kaiko
Several traders experienced ‘slippage’ as liquidity declined across major exchanges.
Market Wrap: Bitcoin Hovers Above $28K After ETF Reports Prove False
Meanwhile, the market continues to trend downwards amid higher-than-expected U.S. PPI, and CPI Veri.
Uniswap Labs to Charge 0.15% Fee on Crypto Swaps Involving ETH, USDC, Other Tokens
The company is levying a fee on some crypto swaps.