The cryptocurrency market has seen $118 million in liquidations in the last day, primarily aimed at bearish traders. Bitcoin and Ethereum were at the forefront, with Bitcoin alone seeing over $68 million in liquidations, according to the provided liquidation heatmap.

Vice President Kamala Harris has unveiled plans to establish a regulatory framework for cryptocurrency and digital assets, aiming to protect Black men who invest in these markets. This initiative is part of her broader Opportunity Agenda, which seeks to provide tools for wealth creation and economic advancement within the Black male community.

This move, announced on October 11th, has sparked a heated debate in the crypto community. People are questioning whether Scroll is sticking to its decentralization values or leaning too much toward centralization.

As the digital assets space continues to evolve, many have noted the gap between investment in crypto and the widespread adoption of consumer-facing applications. Anthony Moro, CEO of Provenance Blockchain Labs, provided his perspective on these challenges ahead of his appearance at the Benzinga Future of Digital Assets Conference.

Today, enjoy the Empire newsletter on Blockworks.co. Tomorrow, get the news delivered directly to your inbox.

The Paxos tokenized gold (PAXG) market on DeFi protocol Morpho Protocol suffered an exploit today, leading to a $230,000 loss. According to Chaos Labs founder Omer Goldberg, the incident was caused by a mistake during the setup of the Oracle pricing for $2.6 trillion.

Last week, digital asset investment products globally saw a significant turnaround, recording $407 million in net inflows, according to CoinShares.

Meme coins continue to be one of the best-performing narratives in 2024. The market capitalization has now exceeded $58 billion, prompting mixed opinions from experienced investors.

When evaluating crypto projects, VCs rely on a distinct set of criteria that reflect their investment philosophy and the project's potential. These criteria can be segmented into three primary areas: business and strategy, product and technology, and marketing and community.

Arkham Intelligence Inc., a blockchain data firm, is set to launch a crypto derivatives exchange in November. As Bloomberg reported, the firm is charting its course from America to the shores of Punta Cana in the Dominican Republic.

According to CoinShares, last week's increase in crypto investment products was influenced by the upcoming US elections rather than monetary policy outlooks.

Global crypto funds record outflows totaling $407 million as investors shift focus from monetary policy outlooks to U.S. elections.

Talos Trading is gearing up for major expansion in the Asia-Pacific region, doubling its workforce as it capitalizes on the region's massive crypto adoption.

Deutsche will provide Keyrock with multi-currency accounts and foreign exchange services to improve its market-making and OTC operations.

A commissioner from the U.S. Securities and Exchange Commission (SEC) has raised concerns about the agency's current approach to regulating cryptocurrency.

Executives in charge of $40 trillion have descended on the City of London from across the world for the International Investment Summit, Labour's big bang attempt at shouting that Britain is ready to grow.

The liquidity management app's team had previously stated that some strategies would be “delisted,” but the new deposit block affects all strategies.

Former CEO Dmitry Tokarev will continue as the board's founder director.

Stocks associated with the cryptocurrency sector rose in pre-market trading, with MicroStrategy leading the early-day gains.

Crypto software provider Talos Trading is reportedly set to double its workforce in the Asia-Pacific region, capitalizing on the area's regulatory landscape.

India has the potential to facilitate efficient cross-border payments using Central Bank Digital Currency according to the Reserve Bank of India governor Shaktikanta Das.

As the U.S. presidential election nears, analysts like Michaël van de Poppe are gearing up for an altcoin season, predicting a potential breakout within the next 15 days.

The era of secure cryptography may well be living its last days. Chinese researchers, using the capabilities of a quantum computer produced by D-Wave Systems, have recently reached a milestone: for the first time, a quantum computer has concretely threatened current encryption systems.

Digital asset investment products experienced a significant surge in inflows, reaching $407 million, largely driven by investor sentiment surrounding the upcoming U.S. elections.

The Central Bank of the United Arab Emirates (CBUAE) has recently approved the issuance of a stablecoin pegged to the dirham (AED).

As AI and web3 technologies become more widespread, creators who adopt them will be ahead of the curve, gaining more independence.

The altcoin market is experiencing volatility as over $500 million worth of tokens are set to be unlocked this week, including $80 million in Worldcoin (WLD).

With Tether waiting in the wings, AED Stablecoin becomes the front-runner to launch the United Arab Emirates' first regulated dirham-pegged token.

India's central bank governor said that the country's ongoing work with CBDCs could be the key to making cross-border remittances more affordable and efficient.

"Off The Grid," a blockchain-integrated battle royale game, has topped the Epic Games store's free-to-play chart, potentially signaling growing mainstream interest in blockchain gaming.

Boerse Stuttgart Digital has partnered with Amazon Web Services to enhance its crypto infrastructure, enabling European financial institutions to scale their offerings.

The US presidential election is entering its final stretch, with just over 20 days left until the vote. The outcome will have a significant and long-lasting impact on the crypto industry.

The Central Bank of Brazil is receiving proposal applications from companies that wish to participate in the nation's central bank digital currency pilot, Drex from Oct. 14 until Nov. 29.

On October 11th, 2024, he turned himself in at FCI Cumberland, according to the Bureau of Prisons. Salame was sentenced to 90 months in prison for his role in the collapse of the FTX cryptocurrency exchange in 2022.

Global crypto investment products recorded $407 million in inflows, largely influenced by the upcoming U.S. elections rather than monetary policy, analysts at CoinShares say.

Vitalik Buterin, the co-founder of Ethereum, has sold approximately $1.6 million worth of meme coins to convert into Ether for charity donation.

X Empire to end Chill Phase in four days, announces OKX listing with key dates for deposits, trading, and airdrop.

Recent investor decisions have likely been more influenced by the upcoming U.S. elections than monetary policy outlooks, CoinShares noted.

A new report from crypto data aggregator CoinGecko reveals that US regulators have so far secured more than $19 billion in settlements from the digital asset industry in 2024.

Blockchain investigator ZachXBT has reported a disturbing rise in cases of physical cryptocurrency theft.

Crypto accelerator X-Founders has just concluded its second season, offering a unique blend of traditional startup mentorship and a reality show format.

Crypto accelerator XFounders has just concluded its second season, offering a unique blend of traditional startup mentorship and a reality show format.

The filing was dismissed because a U.S. judge who called the application a "bad faith" tactic.

A new cryptocurrency phishing attack has resulted in the theft of approximately $1.28 million worth of crypto. According to blockchain security firm PeckShieldAlert, the incident appears to be connected to a larger scam that occurred just two weeks ago.

Using the NexFundAI token, the FBI has exposed hidden price manipulation schemes within the cryptocurrency market.

An individual has won the crypto trading lottery, making $6.8 Million within two months. It happened after the crypto trader invested in the newly rising crypto token SPX6900, whose recent exponential gains made millions of dollars for its holders.

Staking has become the new normal in the crypto space. You can earn rewards while supporting the security and maintenance of blockchain networks.

India is working to revolutionize its cross border payment system. The aim is to make the payments faster and cheaper to help the growing economy. Along with this, the role of Central Bank Digital Currencies (CBDCs) and the concerns around AI is also in focus. These are reshaping the future of the financial sector.