China's recent rate cuts are shaking up global markets. By injecting billions into the economy, China has boosted liquidity, and sending ripples through traditional and crypto markets alike. This move particularly benefits AI-focused crypto projects and sets the stage for potential exponential growth.

After teasing the launch of the Magic Eden token ME in August, the Magic Eden Foundation has provided the latest update on when the airdrop will happen.

In a stark contrast to Sam Bankman-Fried‘s assertions last January, recent developments suggest FTX customers face a long wait for potential repayments. What Happened: TV host Ran Neuner has shed light on the protracted timeline for FTX distributions, which are now expected to extend well into 2024 and possibly 2025.

In the ongoing price correction, it appears that a crypto market crash is imminent. On September 30, 2024, a whale wallet address “0xcDe” dumped $59.15 million worth of cryptocurrencies to Binance, the world's biggest cryptocurrency exchange, as reported by the on-chain transaction tracker TheDataNerd.

Taiwan's financial regulator, the Financial Supervisory Commission (FSC), made an official decision on September 30, allowing foreign cryptocurrency exchange-traded funds (ETFs) to be accessed by professional investors.

Robinhood dismissed speculation about launching its own stablecoin, stating it has no immediate plans to enter the market.

Olumide Osunkoy faces prosecution on multiple charges related to the operation of crypto ATMs across the UK. He could spend up to 26 years in jail if convicted of all charges.

The Financial Services Agency (FSA) will conduct a comprehensive review of Japan's crypto laws, seeking to possibly loosen regulations and even lower capital gains taxes. However, unexpected election developments may impact the process.

In a latest development, Niraj Antani, a State Senator in Ohio, has introduced a Bill that, if passed, would legalize crypto payments in the State. With a few months to the Presidential election, it remains unknown how State lawmakers will approach this new Bill and proposal.

Blockchain, web3 and AI took Center Stage in Singapore last week. Defi, Solana, DePin, RWA and more were the hot topics of the day.

Ohio could soon legally accept Bitcoin and other cryptocurrencies for taxes if a new bill by Senator Niraj Antani is enacted into law.

Despite lingering market uncertainty, 2024 has seen a significant uptick in crypto venture capital, with over $2.2 billion raised across 24 funds.

TL;DR Onyx shuts down its Ethereum-based lending market following a hack that resulted in a loss of $3.8 million, exploiting a known security vulnerability. The community approved the relaunch of the Onyx Core financial network through the OIP-46 proposal, which includes shutting down the lending market and providing full reimbursement to lenders.

Crypto adoption as an investment has slowed down, despite the recovery of BTC close to its five-year average maximum. Usage remains globalized, with hotspots of activity for some countries and regions.

Crypto voters are emerging as a potentially decisive bloc in the upcoming 2024 U.S. presidential election. A recent survey conducted by Harris Poll and financed by Grayscale has shed light on the growing influence of digital asset knowledge among U.S. voters.

Bitcoin is skating at $63,000, while SUI is diving faster than a stone.

In a significant move to expand its offerings, Binance, one of the world's leading cryptocurrency exchanges, has announced a series of new listings. This expansion is set to provide traders and investors with a broader range of options and opportunities in the ever-evolving crypto market.

Crypto exchange Bithumb stated in a shareholders' meeting that it plans to expand to US markets. Bithumb has faced several regulatory complications in the past years.

Just three CBDCs have officially launched worldwide, while another 44 are in the pilot stage.

Raoul Pal, the founder of Real Vision and a recognized figure in the crypto community, has issued a stark warning about the rapidly approaching transformations in the global economy, driven by unprecedented technological advancements. In his latest video, Pal, who has long advocated for an understanding of what he calls the “exponential age,” claims that the coming years will bring about the largest changes humanity has ever experienced, due to the rapid development of artificial intelligence (AI) and robotics.

Grayscale Decentralized AI Fund offers accredited investors exposure to AI projects like Near, Filecoin, Render, Livepeer, and Bittensor. The post Grayscale opens decentralized AI fund to accredited investors appeared first on Crypto Briefing.

Crypto sleuth ZachXBT has exposed a British-based scammer responsible for $650,000 worth of crypto theft in the past year. As blockchain and cryptocurrency adoption expands globally, more users have entered the space searching for profits and quick investment returns.

Binance co-founder Changpeng Zhao is a free man.

"The rumors are always interesting, but we haven't really spent time on it." Robinhood Crypto's VP told Decrypt.

NFT transactions took a big hit, dropping by 32%—from 7.3 million in August to just 4.9 million in September.

Over $735 million worth of crypto will be unlocked and released into circulation in the first week of October, according to data from Token Unlocks. The $735 million unlock is part of a larger $3.46 billion expected to be released throughout October.

TL;DR Cryptocurrency investment products have accumulated inflows of $1.2 billion over three consecutive weeks. The approval of investment options in the U.S. improves market sentiment, despite a decline in trading volumes. Ethereum experiences positive inflows after five weeks of losses, while Solana suffered outflows. In the last week, cryptocurrency investment products recorded inflows reaching $1.

Crypto legislation is unlikely to make progress before the end of 2024, though a stablecoin bill would have the best chance, according to TD Cowen.

BNB, the native token of the Binance exchange, is considered one of the most influential coins in the crypto world. Investors are always on the hunt to look for opportunities to invest in Binance Coin. With the rise of AI, a lot of traders are moving to third-party platforms to profit from the rising prices of cryptocurrencies like BNB without needing to do the manual work.

Promise, sworn, spit! FTX creditors recover their funds

As the cryptocurrency market gears up for what many experts predict will be another massive bull run, investors are looking for the next token with the potential to deliver 100x gains.

The crypto market is only a few hours away from entering the fourth quarter of the year. It is now slowly moving towards the Bull Run, which is supposed to hit the market by the beginning to mid of 2025.

Crypto leaders have faced continued legal scrutiny over the past few years, with several high-profile figures receiving lengthy prison sentences. In a recent study into jail sentences in crypto, Social Capital Markets draws parallels to the prosecution of bankers after the 2008 financial crisis.

With the license now secured, ZA Bank is plans to roll out user-friendly crypto investment services before the end of this year.

Olumide Osunkoya became the first person in the UK to be convicted for operating an illegal crypto ATM network.

Bithumb, one of South Korea's largest crypto exchanges is considering a listing on the U.S. Nasdaq, the company told at a temporary shareholders' meeting held on the 30th, according to Korea Economic Daily.

Niraj Antani, a Senator in Ohio, has introduced a Bill that, if passed, would legalize crypto payments in the State. The Bill was introduced on September 30 and comes at a time when conversations around cryptocurrency are optimal.

Bybit hosts a livestream featuring former WSOT champions and giveaways ahead of WSOT 2024.

Roffet.eth found that some coins contained obscure, difficult-to-read code that allowed the developer to transfer user's tokens to themselves.

The Onyx Protocol received the green light to launch Onyx Core after proposal OIP-46: Relaunch Onyx Core passed with a 100% upvote rate. A few days ago Onyx Protocol was hacked and lost $3.8 million.

Crypto thefts are hitting new highs, and the latest incident underscores this alarming trend. Recently, hackers stole a staggering $32.4 million worth of spWETH, a token tied to staked Wrapped Ether.

Olumide Osunkoya, in a landmark case, is the first UK individual to plead guilty to operating crypto ATM against the law. The 45-year-old Londoner pleaded guilty in Westminster Magistrates' Court to running crypto-ATMs when not registered to do so, fabricating a document, and possessing criminal property.

Historically divided into centralized and decentralized spaces, the cryptocurrency market has experienced both areas succeeding in some ways and failing in others. Centralized exchanges (CEXs) offer speed and user-friendly interfaces that are important for retail traders, while decentralized exchanges (DEXs) stand out for their security and transparency.

Brazil's ban on X sparks a battle over free speech between Elon Musk and the legal authorities, leaving Brazilians and the local crypto community caught in the crossfire.

Lux Thiagarajah and Richard Usher will be joining the business on Tuesday October 1st.

The UK Financial Conduct Authority (FCA) confirmed in a press release on Monday that Olumide Osunkoya pleaded guilty to managing a network of unregistered crypto ATMs across the UK, with transactions totaling £2.6 million between 2021 and 2023.

Bithumb, South Korea's second-largest crypto exchange, has announced plans to pursue a potential public listing in the United States at a Sept. 30 shareholders meeting, local media outlet Dnews reported.