Bitcoin is down .5% at $20,938
Ethereum is down 1% at $1090
and Binance Coin is down 1% at $217

Elon Musk named in class action lawsuit over Dogecoin

Babel Finance suspends client withdrawals

3AC has been liquidated by FTX, Deribit and BitMEX according to the Block

Bitso passes $1B in crypto remittances

Circle announces euro-backed stablecoin

Bitcoin is down 1% at $21,094
Ethereum is down 1.5% at $1113
and Binance Coin is down 1% at $216

BitMEX co-founder Ben Delo faces 30 months probation

Inverse Finance exploited for $1.2M

MetaMask & Phantom vulnerability patched

Manhattan Landlord to re-list building NFT after ETH price sags.

Links:

• Halborn MetaMask “Demonic” Vulnerability Discovery

Bitcoin is up slightly at $29,287
Ethereum is up slightly at $1970
and Binance Coin is up slightly at $307

Wormhole pays a $10M bug bounty to a white hat.

Swiss luxury watch maker TAG Heuer will now accept cryptocurrency through BitPay

Explosion at Blockfusion facility disables some miners.

Former BitMEX CEO Arthur Hayes avoids hard jail time — will do 2 yrs probation.

Links:

• Former BitMEX CEO Arthur Hayes Sentenced to 2 Years Probation
• Bit Digital, Inc. Announces Interruptions To Certain Hosting Partners’ Operations - Bit Digital
• Wormhole Uninitialized Proxy Bugfix Review | by Immunefi | Immunefi | May, 2022 | Medium

Bitcoin is up .5% at $36,020
Ethereum is up .5% at $2,702
and Binance Coin is up slightly at $377

OpenSea’s Discord was apparently hacked to promote a scam NFT pass

Block reports $1.73B in bitcoin sales via cash app

Copy-paste error sees $3M of Juno tokens sent to inaccessible address.

US Court orders BitMex founders to pay $30M.

Links:

• US Court Orders BitMEX Founders to Pay $30M for Illegal Trading
• PeckShieldAlert on Twitter: "#PeckShieldAlert #phishing @opensea discord is exploited, youtubenft[.]art is the phishing site. Do NOT fall prey to it! https://t.co/rjqMpTnpjW" / Twitter
• Block reports $1.73 billion in bitcoin sales via Cash App during Q1 2022

Bitcoin is up slightly at $46,166
Ethereum is up .5% at $3,479
and Binance Coin is up .5% at $446

Coinbase is looking to hire 1,000 people in India.

Oklahoma considering legislation to incentivize bitcoin miners

Officials in Turkey seek 40,000-year sentence for former CEO of Thodex.

BitMEX is laying off 75 employees after bank acquisitions fall through.

Links:

• Turkey Seeks 40,000 Years of Jail Time for Missing Crypto CEO - Bloomberg
• OK SB590 | 2022 | Regular Session | LegiScan
• Lighting Up The Map: How Coinbase Plans To Scale Globally | by Coinbase | Feb, 2022 | The Coinbase Blog
• BitMEX lays off 75 employees after bank acquisition collapses

Bitcoin is up .5% at $39,674
Ethereum is down slightly at $2,809
and Binance Coin is up slightly at $378

EU commits to cutting Russian banks off from SWIFT due to Ukraine Invasion

Ukraine is apparently forming a task force to surveil Russian politicians crypto wallets

Co-founders of crypto derivatives exchange BitMEX plead guilty to violating the US Bank Secrecy Act

Coinbase Ventures lead Katherine Wu departs for VC firm Archetype.

Goldman Sachs veteran Roger Bartlett leaves Wall Street for Coinbase

Bitcoin is up slightly at $37,038
Ethereum is up .5% at $2,542
and Binance Coin is up .5% at $372

ApeDAO voting to dissolve, sell NFTs.

BitMEX has airdropped 1.5M BMEX tokens to users

Wall Street banks increasing crypto analysts

Visa sees upswing in crypto-linked cards.

Trezor adopts Swiss travel rule for AML.

Links:

• Visa says crypto-linked card usage hit $2.5 billion in its first quarter
• ApeDAO's members are voting to sell 81 Bored Ape NFTs and many more
• BITMEX on Twitter re: BMEX
• Wall Street banks are expanding crypto sell-side research
• Trezor hardware wallet to integrate the Swiss travel rule protocol | Invezz

Bitcoin is down .5% at $41,544
Ethereum is down .5% at $3,135
and Binance Coin down slightly at $462

Propy, up 34%

crypto.com apparently exploited for 5k ETH / $15M.

UK government cracking down on crypto advertising in the UK.

A bug on the cross-chain protocol Multichain has been exploited for 1.34M

BitMEX group is set to acquire the 268-year-old German bank Bankhaus von der Heydt.

Links:

• PeckShield Inc. on Twitter: "The @cryptocom loss is about $15M with at least 4.6K ETHs and half of them are currently being washed via @TornadoCash https://t.co/PUl6IrB3cp https://t.co/XN9nmT857j" / Twitter
• BXM Operations Intends to Purchase German Bank Bankhaus von der Heydt in Order to Create Regulated Crypto Products Powerhouse | BitMEX Blog
• Cross-chain protocol Multichain bug gets exploited for $1.34 million
• Government to strengthen rules on misleading cryptocurrency adverts - GOV.UK

Bitcoin is up slightly at $47,896
Ethereum is up 1% at $3,620
and Cardano is up slightly at $2.47

Sushi Swap up 22%
Avalanche up 18%
Thorchain up 16%

China increases hunt for illicit miners.

Nate Chastain accused of insider trading at OpenSea.

BitMEX’s first employee has agreed to be extradited to the US to face money laundering charges.

Ethereum Founder Vitalik Buterin made Time’s ‘most influential’ list.

Links:

• China Said to Intensify Hunt for Cryptocurrency Miners in Hiding
• CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
• Cryptocurrency executive agrees to extradition to face US banking law charges - The Royal Gazette | Bermuda News, Business, Sports, Events, & Community |
• Vitalik Buterin Is on the 2021 TIME100 List | TIME

Bitcoin is down 2.5% at $30,900
Ethereum is down 2.5% at $1,743
and Binance Coin is down 2.5% at $270

Celo up 42%

Jay Z is set to auction an NFT based on his album Reasonable Doubt.

Gemini pledges to offset 350k tons of bitcoin-related carbon emissions

Authorities in Iran have seized 7000 crypto miners.

Visa is set to acquire the Swedish open banking firm Tink

Links:

• JAY-Z Auctioning Reasonable Doubt NFT at Sotheby’s | Pitchfork
• Iran seizes 7,000 cryptocurrency computer miners, largest haul to date | Reuters
• Gemini Offsets Bitcoin Carbon Emissions, Launches Gemini Green
• Visa To Acquire European Open Banking Platform Tink | Business Wire

Bitcoin is down slightly at $12,961
Ethereum is down 1% at $407
and XRP is down 1% at 25 cents

Top gainers in the last 24 hours:
Filecoin up 29%
Quant Network up 18%

Kyber Announces KyberPRO

CME group passed BitMEX this week to become the second largest bitcoin futures exchange.

Chinese authorities backed by the PBoC have conducted mass arrests and gambling shutdowns related to Tether.

The FED updated rules for bank transfers, lowering thresholds and including crypto.

Ken Kurson arrested on cyberstalking charges.

BitMEX Hires Malcolm Wright

Yamamoto Says Japan Must Change Laws for Digital Yen

Links:

• BitMEX operator hires chief compliance officer amid US criminal charges
• Japan must amend central bank laws to issue digital yen, says official

Ripple Co-Founder Chris Larsen Rips US Regulators

Brian Brooks Says Market Will Decide Regulations

Bitrcoin Unique Addresses Spike

Links:

• US is losing 'tech cold war with China' says Ripple co-founder
• Markets will decide on regulations, not the government: Currency Comptroller
• Analysts Can't Agree What Prompted Big Spike in New Bitcoin Addresses - CoinDesk

Bitcoin is down 4% at $10,449
Ethereum is down 8% at $337
and XRP is down 5% at 23 cents

Top gainers in the last 24 hours:
UTRUST up 22%

October Surprise: Covid-19

Bitcoin fell yesterday ahead of the october surprise news on the CFTC and Department of Justice charges levied against BitMEX.

The European Central Bank published a 50-page report on the digital euro.

Coinlist president Andy Bromberg is leaving to lead ECO. Will act as special advisor to Coinlist.

Episode brought to you by ungrocery.com

Links:

• Founders And Executives Of Off-Shore Cryptocurrency Derivatives Exchange Charged With Violation Of The Bank Secrecy Act | USAO-SDNY | Department of Justice
• CoinList president has joined a crypto project backed by Uber co-founder - The Block
• Bitcoin, Stocks Fall as Trump Tests Positive for COVID-19 - CoinDesk
• European Central Bank publishes report on digital euro, says 'we need to be ready' to issue it - The Block

Bitcoin is up slightly at $9,662
Ethereum is down slightly at $242
and XRP is down .05% at 20 cents

Top gainers in the last 24 hours:
Wax up 71%
Swissborg up 17%

Wasabi Wallet is drawing Europol’s attention for facilitating dark web transactions.

The OCC seeks feedback from the public on digital activities of national banks and federal savings associations

Bitcoin Core researcher Gleb Naumenko gets 100k grant from Bitmex's parent company.

3 of Japan’s biggest banks are joining a study group that’s investigating a digital payment system

Links:

• Bitcoin mixer Wasabi Wallet under Europol's lens for facilitating dark web transactions - The Block
• Japan to look at building a common infrastructure for digital payments - Reuters
• BitMEX parent offers $100K grant to Bitcoin Core researcher Gleb Naumenko - The Block
• U.S. regulator seeks public input as it reviews crypto, DLT activities in the banking sector - The Block

Fifty Crypto Jobs in Ireland

BitMex Donates

Take the Dollars and Crypto

Links:

• Facebook’s Calibra Has 50 New Jobs in the Pipeline for Its Dublin-Based Team
• BitMEX Joins COVID-19 Relief Efforts with Dedicated $2.5M Fund
• Some U.S. Citizens Look to Be Splashing Their Stimulus Cash on Cryptocurrency - CoinDesk

Bitcoin is up 8% at 6,665
Ethereum is up 5% at $137
and XRP is up 3% at 17 cents

Top gainers in the last 24 hours:
Tomochain up 18%
Block stack up 17%
Icon up 15%

Todays headlines:

Bitcoin core maintainer Michal Ford has received a $100k grant from BitMEX.

Binance is set to open a new crypto-to-crypto exchange today in South Korea.

France’s central bank set to test the integration of digital Euro in settlement procedures.

Links:

• France's central bank begins experimenting with digital euro - The Block
• BitMEX parent awards $100k grant to Bitcoin Core maintainer Michael Ford - The Block
• Binance is launching a new exchange in South Korea next week - The Block

Baidu and Google Searches for Bitcoin Info Rise

BitMex Takes Flack, Responds in Blog Post

Blockchain Managers On Critical List

Links:

• Baidu and Google Trends See Increased Interest in Purchasing Bitcoin
• BitMEX Defends Insurance Fund Being ‘Barely Used’ in BTC Price Crash
• DHS Names Blockchain Managers Among Critical Infrastructure Workers

Japan's FSA Cuts Risk

BitMex: Lightening Less

Block.One Releases EOS.io 2.0

Links:

• Japan's Financial Watchdog to Set Low Leverage Cap for Crypto Margin Traders: Report - CoinDesk
• Privacy and Scalability of Lightning Network Lower Than Expected: Report
• Block.One Released Major EOS.io Blockchain Software Update EOS.io 2.0

SEBA Banks Crypto in Nine New Countries

Consensys Closes India, Philippines

BITMEX Sued for 300 Million Dollars

Links:

• Regulated Swiss Crypto Bank SEBA Expands Services to 9 New Countries
• Bitcoin Exchange BitMEX Faces $300M Investor Lawsuit Over Lost Equity
• ConsenSys Is Shutting Down Offices in India and the Philippines

Bitcoin is up 1% at $9,270
XRP is up 1% at 29 cents
and Ethereum is up 1% at $183

Top gainers in the last 24 hours:
Ignis up 25%
Metal up 18%
Bytom up 16%
and Dentacoin, up 15%

BitMEX has unintentionally revealed the email addresses of an unspecified amount of users.

Data analytics firm Splunk raised $40,000 for charity from 10,000 attendees of their annual conference in Las Vegas.

Telegram has released an early version of its desktop wallet for the in-progress GRAM token.

Binance US is adding support for debit cards.

Links:

• BitMEX Exchange Exposes User Base in Email Mishap - CoinDesk
• Telegram Releases Test Crypto Wallet Despite SEC Lawsuit - CoinDesk
• Binance.US supports debit card on-ramp as volumes top $15 million - The Block
• Crypto Burner Wallets Helped an IT Conference Give $40,000 to Charity - CoinDesk