Flare Network Will Burn 2.1B FLR to Support Ecosystem Health
Some 198 million FLR will be burned immediately with a further 66 million set to be burned monthly until January 2026.
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Will
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USDR Issuer to Salvage Failed Property-Backed Stablecoin’s Assets, ‘Make Users Whole’
A high-profile failure in crypto’s burgeoning “real-world assets” niche may be about to offer some relief to investors.
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Crypto Needs Congress, But U.S. Lawmakers Have Opted for Pandemonium
While Congress stares down the barrel of a Nov. 17 government shutdown, the rudderless House remains the focus of the crypto industry’s hopes for regulatory progress.
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Bitcoin Enters ‘Quiet Bull Market’ as Safe Haven from Bond Market Turmoil, Analyst Says
Investment research firm ByteTree upgraded bitcoin’s price outlook to “bull” from “neutral” as the crypto benefits as a “safe haven” amid an equity and bond sell-off.
Financial
No Jury Yet, but We’re Getting There
No death penalty either, the judge had to reassure a prospective juror.
Financial
Why Some Crypto Firms Are Suspending Services in the U.K.
Luno, Bybit and PayPal have recently withdrawn certain services from the U.K. – just ahead of tough new promotions rules for crypto firms coming into effect.
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UK Regulator Saw ‘Poor’ Engagement From Some Overseas Crypto Firms on Upcoming Ad Rules
With the rules set to take effect Oct. 8, officials at the Financial Conduct Authority have a plan to tackle non-compliant firms, CoinDesk was told.
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EnSam, Jury Questions and Another Denial for Bankman-Fried
Sam Bankman-Fried drafted a set of tweets discussing his use of an antidepressant.
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Crypto for Advisors: AI – Friend or Foe to the Advisor?
Jordi Visser from Weiss Multi-Strategy Advisers discusses the impact AI could have on investing and what to watch out for.
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Crypto Observers Warn of Risk Aversion as Oil Prices Top $93
WTI crude oil has surged 30% higher this quarter, a rally that could feed into inflation, forcing central banks to keep rates elevated for longer than expected.