by Samuel Wan

A strong performance from Shiba Inu this week sees it climb the CoinMarketCap rankings to 14th place, with a market cap of just under $13.3 billion. During the last week of September, Shiba Inu was ranked 47th with a market cap of $2.8 billion.

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More news ⏬

South Korea will not tax NFT gains even as it moves to tax crypto income

It is no longer news that South Korea is looking to start taxing crypto gains from 2022, however, the Asian country’s minister of Economy and Finance Hong Nam-ki has revealed that the proposed crypto tax law will not be applicable to non-fungible tokens (NFTs).

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Data analytics on the Fantom (FTM) blockchain just turned easier

The Fantom Foundation has announced that blockchain data analytics platform Nansen now supports the Fantom mainnet.

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Have investors finally come around to accepting Bitcoin (BTC) as a safe haven?

Bitcoin is up 24% since the start of October, with six daily green closes out of seven.

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FTX charges customer $1 million for transferring to wrong address

A blog post from Rekt has revealed that FTX, a leading centralized exchange, has charged one of its users around $1 million for helping him to retrieve a deposit made into a wrong address.  FTX charged 15% instead of 5% According to the post, the trader made a wrong deposit of $6.3 million into Paxos […]

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Salvadorans are buying more Bitcoin (BTC) than withdrawing from Chivo ATMs

A new tweet from El Salvador’s President, Nayib Bukele has hinted that the mass adoption of the leading digital asset, Bitcoin, in the country is still growing en masse as more money is being used to purchase the coin.

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Moneygram partners with Stellar (XLM) after Ripple snub last year

One of the world’s largest money transfer services, MoneyGram International, recently announced stepping into a partnership with Stellar Development Foundation, a non-profit organization that supports the development of the Stellar (XLM) blockchain.

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Fund managers increase Ethereum (ETH) holdings citing ‘most compelling’ growth outlook

Bitcoin might be the most popular crypto asset in the world but a recent survey by CoinShares has revealed that several fund managers see more potential in the second-largest crypto asset by market cap, Ethereum, than in its more illustrious counterpart.

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Bank of America report says crypto, DeFi are “only in the first inning”

This week, Bank of America (BoA) published a favorable crypto report detailing its analysis of the sector.

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Crypto exchange Binance sets up three Irish entities after global regulatory tussle

With the regulatory clampdown against crypto trading still in full effect in China, Binance, the biggest crypto exchange in the world by trading volume, has moved to cement its operations in another country, Ireland.

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Disclaimer: None of the content in this newsletter is meant to be financial advice. Please do your own due diligence before taking any action related to the content within this article.