Metaverse Struggles Amid Crypto Market Rebound
Blockchain 
Crypto Metaverse struggles as the crypto market recovers, with NFT prices declining and companies reevaluating strategies amid challenges.
Crypto
Ethereum ETFs See Mixed Trends Amid Significant ETH Movements
Large Ethereum holders move $2B, impacting ETH price. ETFs register mixed trends, with BlackRock’s fund leading inflows.
Japan’s Financial Regulator Cautiously Considers Crypto ETFs Amidst Global Trend
Hideki Ito, Japan’s Financial Services Agency commissioner, emphasizes careful consideration in approving crypto ETFs, citing investor safety concerns.
Transak Enables U.S. Crypto Purchases Through Bank Wire Transfers
Transak now offers U.S. users the option to buy cryptocurrency using wire transfers, enhancing security and convenience for crypto transactions.
Binance Surges with $1.2B Net Inflow Amid Turbulent Market
Binance has received a net inflow of $1.2 billion in 24 hours which is one of the highest single-day inflows for 2024, indicating strong investor confidence.
SEC Opposes Coinbase’s 3 Million Document Discovery Request
The SEC seeks to block Coinbase's request for internal communications, calling it irrelevant and excessive in the ongoing legal battle
Swan Bitcoin Cancels Pacific Bitcoin Festival Amid Staff Cuts, Focus Shift
Swan Bitcoin cancels its October conference in California following staff cuts and a mining shutdown. Focus shifts to core business operations.
Crypto Investment Products Face $528 Million Outflow
Crypto investment products experienced $528 million in outflows, driven by recession fears and market volatility, marking the first outflows
Tron’s Justin Sun Denies Liquidation Rumors
Justin Sun launches a $1 billion fund to combat fear in the crypto space, denying rumors of his positions being liquidated.
Bitcoin Crashes After Japanese Rate Hike
Following Japan’s decision to raise its interest rates from zero percent(0%)to five percent(0.25%), Bitcoin plunged.
Australian police uncover major crypto scam:2,000 Wallets Hacked
Operation Spincaster reveals over 2,000 Australian crypto wallets were hacked by fraudsters, highlighting the need for enhanced security measures.
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