The top 4 miners by market cap all beat their monthly production numbers Source
Bitcoin Miners at a Crossroads: Gain Market Share or Go All-In on AI?
Category: ICO
UN Agency Recommends Criminalization of Unlicensed VASPs in Southeast Asia to Counter Cyber Fraud
Some service providers are facilitating transactions for fraud outfits and high-risk gambling sites, the report said. Source
Who is Bitcoin’s Satoshi Nakamoto? Polymarket Bettors Aren’t Sure Anymore as Len Sassaman Odds Fall
The odds of the late Len Sassaman being revealed as the elusive pseudonymous founder of Bitcoin, Satoshi Nakamoto, in an HBO documentary slumped to 14% after his wife, Meredith L. Patterson, said he was not and that the company had not approached her when making the documentary. Source
Bullish BTC Hopes Dented as China Eases Stimulus Plans
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Hong Kong Gearing up to Approve More Cryptocurrency Exchange Licenses by Year End: SFC
In August, a report suggested the regulator had found “unsatisfactory practices” at some exchanges. In particular, it stated that “some of the crypto firms are overly reliant on a handful of executives to oversee the custody of client assets, while others aren’t properly guarding against cybercrime risks.” Source
Delaware Judge Approves FTX Estate’s Bankruptcy Plan
A U.S. court approved FTX’s bankruptcy plan on Monday, which will see the majority of the crypto exchange’s customers get the equivalent of their 2022 losses, and then some. Source
My Friend, Satoshi?
A forthcoming HBO documentary has reopened speculation that Len Sassaman was the creator of Bitcoin. I knew Len. The theory is plausible. Source
Ethereum Proposal Could Increase Throughput by 50%
The upgrade, officially designated EIP-7781, would also ramp up the blockchain’s capacity to handle blobs, which are dedicated data-storage chambers used by affiliated layer-2 networks to stash transaction records. The change would effectively increase the number of blobs per block to nine from six, providing more space for layer-2 chains like Arbitrum and Optimism to post data to Ethereum. Source
Crypto Custody Firm Copper’s CEO Dmitry Tokarev Plans to Step Down
There have been other executive departures of late. Last month, founding partner and chief commercial officer Boris Bohrer-Bilowitzki left to take on the role of CEO at blockchain firm Concordium. Mike Milner, the global head of revenue who had been with the company for five years, also left to join Concordium. Source
Bitget Token (BGB) Tumbles 52% on ‘Market Sluggishness,’ Crypto Exchange Says, While Promising Compensation
Flash crashes aren’t unusual in cryptocurrencies, although it is often difficult to explain why many holders of an asset suddenly decide they want to sell. In BGB’s case, the catalyst was likely “overall market sluggishness” stemming from holidays and Golden Week in Asia, among other factors, said Ryan Lee, chief analyst at Bitget Research, in an email. Source