October 2024 - BTC USA

Kraken cryptocurrency exchange headquarters in San Francisco, reflecting recent workforce reductions amidst industry layoffs.

Kraken Joins Crypto Exodus with 15% Workforce Layoffs

October 31, 2024 Dan K

Kraken cuts 15% of its workforce amid industry-wide layoffs, joining Consensys and DYDX. New co-CEO Arjun Sethi aims to refocus the exchange’s strategy.

South Korean cryptocurrency investor base reaches 7.78 million in 2024, driven by Bitcoin surge and supportive policies.

South Korea’s Crypto Investor Base Reaches 7.78 Million, Marking 21% Growth in First Half of 2024

October 31, 2024 Dan K

South Korea’s crypto investor count surged to 7.78M in 2024’s first half, up 21%, spurred by Bitcoin’s rise and pro-crypto U.S. policy shifts.

Mark Uyeda and Hester Peirce discussing SEC crypto regulations in a press conference.

Hong Kong Court Rules in Favor of Investors in JPEX Cryptocurrency Fraud Case

October 30, 2024 Dan K

Hong Kong court sides with investors in the JPEX fraud case, ordering $238,000 in recovery, spotlighting cryptocurrency regulations. #crypto #JPEX

Map of Eastern Europe highlighting crypto adoption in Ukraine and Russia

Ukraine and Russia Lead Global Crypto Adoption Amid Rising Geopolitical Instability

October 30, 2024 Dan K

Eastern Europe’s crypto adoption surges, led by Ukraine and Russia, with robust growth in both institutional and retail sectors, Chainalysis reports.

Jimmy Patronis, Florida CFO, proposing Bitcoin investment for state pension funds

Florida CFO Advocates for Bitcoin in State Pension Fund Investment Strategy

October 30, 2024 Dan K

Florida CFO Jimmy Patronis is pushing for Bitcoin investments in state pensions, aiming to diversify and protect Florida’s retirement funds.

Kalshi betting platform screenshot with USDC deposit options for U.S. election markets

Kalshi Now Accepts USDC Deposits, Enters Election Betting Arena Amid Strong Competition

October 29, 2024 Dan K

Kalshi accepts USDC deposits to attract users in election betting, challenging Polymarket and Robinhood in a competitive crypto-driven prediction market.

Illustration of Nexus Mutual payout aiding Arcadia Finance hack victims on Base blockchain

Truth Terminal Founder’s X Account Hacked to Shill Scam Memecoin, Resulting in $600,000 Theft

October 29, 2024 Dan K

Truth Terminal’s X account hacked to shill scam memecoin, netting hackers $600K. Incident underscores security risks in AI-driven crypto trading.

Chris Larsen speaking on Ripple’s crypto policy stance, with Kamala Harris in background.

Ripple’s Chris Larsen Sees Kamala Harris as Key to Revamping Biden’s Crypto Policy

October 29, 2024 Dan K

Ripple’s Chris Larsen supports Kamala Harris to amend Biden’s crypto policy. His $10M XRP donation reflects a push for pro-innovation regulation.

BIS-Led Project ‘Mandala’ Automates Compliant Cross-Border Transactions

October 28, 2024 Dan K

The BIS-led Mandala project tests automation for cross-border compliance, enabling faster and secure international transactions with digital assets.

KakaoBank app interface displaying real-time Bitcoin and Ethereum prices via Coinone integration

Digital Asset Inflows in 2023 Reach $27 Billion, Nearly Tripling 2021 Record

October 28, 2024 Dan K

Digital asset inflows in 2023 have soared to $27 billion, nearly three times the 2021 record. U.S. leads the charge, with Bitcoin ETFs seeing massive inflows.

Month: October 2024

Kraken Joins Crypto Exodus with 15% Workforce Layoffs

South Korea’s Crypto Investor Base Reaches 7.78 Million, Marking 21% Growth in First Half of 2024

Hong Kong Court Rules in Favor of Investors in JPEX Cryptocurrency Fraud Case

Ukraine and Russia Lead Global Crypto Adoption Amid Rising Geopolitical Instability

Florida CFO Advocates for Bitcoin in State Pension Fund Investment Strategy

Kalshi Now Accepts USDC Deposits, Enters Election Betting Arena Amid Strong Competition

Truth Terminal Founder’s X Account Hacked to Shill Scam Memecoin, Resulting in $600,000 Theft

Ripple’s Chris Larsen Sees Kamala Harris as Key to Revamping Biden’s Crypto Policy

BIS-Led Project ‘Mandala’ Automates Compliant Cross-Border Transactions

Digital Asset Inflows in 2023 Reach $27 Billion, Nearly Tripling 2021 Record

1Money Secures 34 US Money Transmitter Licenses to Expand Stablecoin Payments