Technology
Europe’s largest asset manager Amundi tokenizes equity index fund on Ethereum
The new share class offers blockchain-based exposure to an index tracking 600 companies across European markets.
CryptoClub.cc
Market
Bitcoin Erases Election Rally as AI Stocks Plunge, $428 Million in Crypto Longs Get Wiped Out
Bitcoin plunged nearly 5% as AI stocks sank, Democratic midterm wins raised fresh policy questions, and forced liquidations erased a Wednesday rally that had been fueled partly by short covering.
Regulation
Hong Kong passes law requiring crypto exchanges to report customer transactions to tax authorities
Hong Kong has passed legislation requiring cryptocurrency exchanges operating within its jurisdiction to report customer transaction data directly to tax authorities. The law marks a significant regulatory step for the city, mandating that licensed virtual asset trading platforms disclose user activity to the Inland Revenue Department as part of broader
Regulation
Canton Coin Gets SEC Nod as Wall Street Tokenization Heats Up
SEC staff said they view Canton Coin as a digital commodity and won’t recommend enforcement over how it’s minted, a week after DTCC launched a tokenization service that runs partly on the Canton Network.
Technology
Wall Street’s Plumbing Goes Onchain as Morgan Stanley Tokenizes Securities
Morgan Stanley says it has converted U.S. equities and Treasuries into tokenized form through the newly launched DTCC Tokenization Service, which 20 Wall Street firms have signed up to use.
Technology
Schroders launches tokenized emerging markets debt fund on Solana with Centrifuge
The $1 trillion-plus asset manager brings its emerging markets bond strategy to Solana, expanding the range of onchain actively managed funds.
Regulation
Jack Dorsey's Block faces $764 million DOJ settlement as bitcoin profit plunges 50%
Jack Dorsey's fintech company Block is facing a $764 million settlement with the U.S. Department of Justice, coinciding with a reported 50% plunge in the company's bitcoin-related profits. The dual development marks a significant setback for the payments firm, which has positioned itself as one
Security
French bank Crédit Mutuel Arkéa exploited for over $133 million, ZachXBT says
ZachXBT said he has a 'high degree of confidence' that the attacker is not associated with North Korea's Lazarus Group.
Regulation
Democrats surge toward Senate, House majorities, with crypto braced for new direction
Democrats appear poised to reclaim majorities in both the Senate and the House of Representatives following strong midterm election results, according to reporting from CoinDesk. Early returns and projections suggest a significant swing toward Democratic candidates across key battleground states, potentially reshaping the legislative landscape heading into the final stretch
Security
Tether Says It Froze More Than $1.5B Linked to the Binance Theft
Tether said on November 2 that it froze more than $1.5 billion in USDT linked to the late-October Binance attack, working with investigators and…
Security
Binance traces $6.3B hack to fake job interviews, compromised AI tool
Hackers exploited compromised employee computers and stolen credentials to breach Binance’s wallet infrastructure, according to the exchange’s investigation.
Regulation
CFTC clears perpetual futures on stocks, bringing crypto trading model to Wall Street
The Commodity Futures Trading Commission has approved perpetual futures contracts on individual stocks, marking a significant regulatory shift that imports one of cryptocurrency trading's most distinctive instruments into traditional equity markets. The clearance opens the door for U.S. exchanges and brokerages to offer the products to market