Crypto

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today in crypto, European Central Bank head touts CBDC as symbol of ‘trust,’ Spot Solana ETFs continue to attract investor interest amid “capital rotation” from Bitcoin and Ether funds, Meanwhile, Bitcoin ended October at a 3.69% monthly decline, the first time in seven years. European Central Bank (ECB) president Christine Lagarde said on Friday that the digital euro, a central bank digital currency (CBDC), is a “symbol of trust,” and that the ECB is aiming to launch it “as early as possible.” Lagarde said that traditional “banknotes” would continue to circulate and that the digital euro CBDC would function like cash but for online payments. She continued: Read more

Tokenized bank deposits lack the flexibility and technical features of stablecoins, making them an inferior product, according to Omid Malekan. Banks and financial institutions have started experimenting with tokenized bank deposits, bank balances recorded on a blockchain, but the technology is doomed to lose out to stablecoins, according to Omid Malekan, an adjunct professor at Columbia Business School. Overcollateralized stablecoin issuers, who must maintain 1:1 cash or short-term cash equivalent reserves to back their tokens, are safer from a liability perspective than the fractional reserve banks that would issue tokenized bank deposits, Malekan said.  Stablecoins are also composable, meaning they can be transferred across the crypto ecosystem and used in various applications, unlike tokenized deposits, which are permissioned, have Know Your Customer (KYC) controls, and have restricted functionality. Read more

Tokenized bank deposits lack the flexibility and technical features of stablecoins, making them an inferior product, according to Omid Malekan. Banks and financial institutions have started experimenting with tokenized bank deposits, bank balances recorded on a blockchain, but the technology is doomed to lose out to stablecoins, according to Omid Malekan, an adjunct professor at Columbia Business School. Overcollateralized stablecoin issuers, who must maintain 1:1 cash or short-term cash equivalent reserves to back their tokens, are safer from a liability perspective than the fractional reserve banks that would issue tokenized bank deposits, Malekan said.  Stablecoins are also composable, meaning they can be transferred across the crypto ecosystem and used in various applications, unlike tokenized deposits, which are permissioned, have know-your-customer (KYC) controls, and have restricted functionality. Read more

Lark Davis called November bitcoin’s strongest month with a 42.5% average gain; the median is far lower and a single outlier year does much of the lifting.

EU law enforcement has pledged deeper cooperation and investment as criminals refine blockchain abuse tactics.

The comments from European Central Bank head Christine Lagarde drew overwhelming backlash from the crypto community and political influencers. European Central Bank (ECB) president Christine Lagarde released a statement on Friday touting the digital euro, a central bank digital currency (CBDC), as a unifying force in the European Union (EU) and said the ECB is aiming to launch it “as early as possible.” “As much as banknotes will continue to circulate, we want cash to be in the form of a digital euro as well,” Lagarde said, adding that the central bank digital currency could be used for online payments in the EU. She continued: The ECB governing council announced on Thursday that it will move ahead with building the technical infrastructure to test and deploy a retail CBDC, slated to begin rolling out in 2029, if EU lawmakers pass legislation allowing the ECB to issue it. Read more

The comments from European Central Bank head Christine Lagarde drew overwhelming backlash from the crypto community and political influencers. European Central Bank (ECB) president Christine Lagarde released a statement on Friday touting the digital euro, a central bank digital currency (CBDC), as a unifying force in the European Union (EU) and said the ECB is aiming to launch it “as early as possible.” “As much as banknotes will continue to circulate, we want cash to be in the form of a digital euro as well,” Lagarde said, adding that the central bank digital currency could be used for online payments in the EU. She continued: The ECB governing council announced on Thursday that it will move ahead with building the technical infrastructure to test and deploy a retail CBDC, slated to begin rolling out in 2029, if EU lawmakers pass legislation allowing the ECB to issue it. Read more

The Securities and Exchange Commission (SEC) issued an exemptive order on Oct. 31 that has nothing to do with Bitcoin or Ethereum but everything to do with how crypto exchanges will argue their cases over the next two years. The order delays compliance deadlines for Regulation NMS, the rulebook governing US equity trading, until February […] The post SEC just gave crypto lawyers a new way to win in court appeared first on CryptoSlate.

XRP Ledger saw higher user activity in Q3 as it added 447,200 new addresses and reached nearly 6.9 million total.

Coinbase soars past Q3 targets while Bitcoin ETFs face turbulence—plus a new fund betting on crypto stock volatility for income.

In a recent CNBC interview, Jeremy Allaire outlined dollar-priced fees, fast finality, and privacy for Arc, while pointing to rising USDC use in emerging markets.

The Romanian National Office for Gambling said that it would "not allow the transformation of blockchain into a screen for illegal betting."

Seventeen years after Satoshi Nakamoto introduced Bitcoin to the world, it has grown from a cryptographic experiment into a global movement, argues Tony Yazbeck, co-founder of The Bitcoin Way.

Broadcasting transactions before they are executed imposes a “hidden tax” on retail crypto users while alienating financial institutions. Maximal extractable value (MEV), the process of miners or validators reordering transactions in a block to extract profits, is preventing financial institutions from adopting decentralized finance (DeFi), which hurts retail users, according to Aditya Palepu, CEO of DEX Labs, the lead contributor to decentralized crypto derivatives exchange DerivaDEX. All electronically-traded markets suffer from maximal extractable value or similar issues inherent in the information asymmetry in ordering trading transaction data, Palepu told Cointelegraph.  The solution is to prevent order flow data from being visible before execution through processing transactions in trusted execution environments, which handle transactions privately through a funded vault or some other mechanism, Palepu said. He added: Read more

Broadcasting transactions before they are executed imposes a "hidden tax" on retail crypto users while alienating financial institutions. Maximal extractable value (MEV), the process of miners or validators reordering transactions in a block to extract profits, is preventing financial institutions from adopting decentralized finance (DeFi), which hurts retail users, according to Aditya Palepu, CEO of DEX Labs, the lead contributor to decentralized crypto derivatives exchange DerivaDEX. All electronically-traded markets suffer from maximal extractable value or similar issues inherent in the information asymmetry in ordering trading transaction data, Palepu told Cointelegraph.  The solution is to prevent order flow data from being visible before execution through processing transactions in trusted execution environments, which handle transactions privately through a funded vault or some other mechanism, Palepu said. He added: Read more

Strategy posted $2.8 billion Q3 net income and $8.42 EPS, fueled by massive gains in its Bitcoin holdings.

The former FTX US exec is launching a perpetual futures exchange for traditional assets, and wants to avoid the risks present in crypto.

For the first time, a sitting U.S. Treasury Secretary has described Bitcoin as more than just a speculative frenzy. Scott Bessent’s post didn’t just set Crypto Twitter on fire; it marked a monumental shift in how policymakers view the number-one crypto. It’s a far cry from the days when Bitcoin lurked in the margins, constantly […] The post Washington does a 180 as Treasury Secretary Scott Bessent dubs Bitcoin ‘more resilient than ever’ appeared first on CryptoSlate.

A mid-October sell-off knocked majors off early highs and left bitcoin down for the month while BNB and a few altcoins finished higher.

The launch follows Ripio's previous release of a tokenized sovereign bond and is part of a broader push to bring real-world assets onto blockchain rails.