DeepNewz

TradFi & Fintech
Canary Capital Launches First-Ever HBAR Trust in U.S., Offering $HBAR Access
Canary Capital has launched the first-ever HBAR Trust in the United States, providing institutional investors with secure access to Hedera's native cryptocurrency, $HBAR

Regulation & Politics
UK Regulators Launch $14 Trillion Digital Securities Project on October 1
UK regulators have launched a project to unlock a $14 trillion opportunity through the tokenisation of financial assets

People
Edward Snowden Criticizes Solana for Centralization, Stake Concentration
Edward Snowden has criticized Solana, claiming it is centralized and primarily used for memecoins and scams

Security
CoinDesk Finds Over Dozen Crypto Firms Hired North Korean IT Workers Amid 50% Infiltration Rate
A CoinDesk investigation has revealed that more than a dozen cryptocurrency firms inadvertently hired IT workers from North Korea, exposing potential security and legal risks within the industry

DeFi
Franklin Templeton Expands $FOBXX OnChain Money Fund to Aptos with $20M+ Subscriptions
Franklin Templeton, a global asset management firm, has expanded its OnChain U.S. Government Money Fund ($FOBXX) to the Aptos blockchain.

TradFi & Fintech
CME Group's Bitcoin Friday Futures Launch with Record 31,498 Contracts Traded
CME Group has launched its Bitcoin Friday Futures (BFF), a new cryptocurrency product that has quickly become the most successful in the company's history

Markets
BlackRock's Bitcoin ETF Hits $1 Billion in Trading Volume; $IBIT Reaches $1 Billion at 1:00pm
Bitcoin ETFs in the U.S. have seen a surge in trading volume

DeFi
Record $169 Billion Stablecoin Growth Propels Bitcoin Price Amid Rising Volatility
CryptoQuant reports that the recent growth in the stablecoin market cap, which has reached a record $169 billion, is providing essential liquidity for Bitcoin

Blockchains
Bitcoin Mining Profitability Hits 2024 Record Low in September, Down 6%
Bitcoin mining revenue and gross profit fell for the third consecutive month in September 2024, according to JPMorgan

Regulation & Politics
Judge Denies Motion to Dismiss in Tornado Cash Developer Roman Storm's Case, Trial Set for December
A federal judge has denied a motion to dismiss the criminal case against Tornado Cash developer Roman Storm.





