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| GLOBAL CRYPTO MARKET CAP | | | 24H CRYPTO MARKET VOLUME | | | BITCOIN'S DOMINANCE | | |
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| All data as of: 30 Oct 2023 10 AM UTC |
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| Hello, Spotlight readers! Get hyped because we've got some hot stories today👇 |
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| Young Sam Bankman-Fried had big hopes and dreams of selling his little startup exchange FTX to Binance back in the day. He cited FTX's risk engine and margin trading as its main appeals. But alas, it was not meant to be. Right around FTX's spectacular implosion, Binance did express some interest in acquiring the dumpster fire of an exchange. But that deal clearly never materialized, because SBF's house of cards collapsed faster than a Jenga tower built by a toddler. Read the full story! | |
| Gemini filed suit against Genesis demanding $1.6B worth of GBTC shares to repay its Earn users. Genesis froze withdrawals after going broke in the crypto winter, leaving clients high and dry. As GBTC pumped about 200% this year, Gemini is clearly BIG MAD about its users missing out on those gains. Find more details of the lawsuit! | |
| Monday, 30 Oct on 3PM UTC | | Get ready for a thrilling "Uptober" with BTC's surge and insights into whale activity, ETF anticipation, and SBF's testimony. Also, notable fundraising projects in October. | |
| Kraken has agreed to disclose data on those who made big crypto transactions from 2016-2020 to the IRS. The exchange thinks it partially won this battle by limiting what data gets shared. But critics argue that Know Your Customer rules should prevent this taxman tip-off. What personal data is it going to share? Read more! | |
| A 2022 LastPass breach facilitated a $4.4M theft from users who trusted the app with their keys. In the middle of a lawsuit, many are advising the app's users to move assets from their possibly compromised crypto wallets ASAP! Perhaps a class on " Security 101" is needed. But how many wallets were compromised? Read the full story of this slippery security disaster! | |
| | Learn how to avoid getting bear holed in the (upcoming) bull run. | |
| Thailand's second-largest bank scooped up a majority stake in local exchange Satang Corporation. Someone's got an appetite for crypto! The purchase apparently supports the bank's ambitions in digital assets and blockchain. But will users trust a centralized corporate giant running the show? Or will they ditch Satang? Read the full story! | |
| Tether accounts for 80% of crypto trading volume in Brazil, totaling $55B this year. It overtook Bitcoin by far in adoption as it exploded in popularity in 2021. Brazil is cooking up more crypto regulations too. But is all this dependence on Tether really healthy for the market? Let's see if it maintains this dominant lead or if Brazil diversifies its crypto portfolio. Get the full data here! | |
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