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Daily #Web3 Market

Writer's picture: AbiAbi

23 Oct 2024



Saylor’s disparaging remarks about self-custody provoke Bitcoin community’s ire

MicroStrategy CEO Michael Saylor has dismissed the idea of a government seizure of Bitcoin as a “trope” while advocating for custodianship through large financial institutions over self-custody. In a recent appearance on the “Markets with Madison” podcast, Saylor addressed concerns from what he called “paranoid crypto-anarchists” who fear such seizures. Read more


Aurum Launches $1B Tokenized Fund for Data Center Investments on XRP Ledger With Zoniqx

The vehicle will focus on data center investments across the U.S, United Arab Emirates, Saudi Arabia, India, and Europe, claiming to be the "world’s first combined equity and debt tokenized fund." Read more


Bitcoin Exchange River Financial Allowing Users to Earn BTC Interest on Cash Deposits

Not a bank itself, River has teamed up with Lead Bank, a member of the FDIC, meaning users' deposits are protected up to the value of $250,000. Read more


Metaplanet Raises $66M Through Stocks Acquisition Rights Program

MetaPlanet completes its 11th series of stock acquisition rights, with Evo Fund securing a 14.9% ownership stake after exercising its stock acquisition rights. Read more


Scroll's SCR Token Debuts at $212M Market Cap in Volatile Trading Session

Layer-2 network Scroll released its long-awaited native governance token on Tuesday. Traders have priced SCR at around $1.10, or a $212 million market cap, based on the circulating supply figure of 190 million. Read more


Solana's Crypto-Governance Hub Realms Is Under New Management

The project is spinning out of Solana Labs and its new leaders want to turn a profit. Read more


Buenos Aires Adds ZK Proofs to City App in Bid to Boost Residents' Privacy

The crypto-adjacent tech is meant to give the Argentine capital's 3.6 million residents greater control over their personal data. Read more


ANZ to Kickstart Chainlink Private Transactions Protocol in RWA Boost

The private transactions allow institutional users to define privacy conditions in a way that keeps onchain data private from all third parties and adversaries. Read more


Bitcoin’s $4.2B October Options Expiry May Increase Short-Term Volatility

Approximately 16% ($682 million) of the notional value in bitcoin that is set to expire is currently “in the money.” Read more


Japan slow to approve crypto ETFs, maintains strict taxes, regulations

While global markets embrace crypto ETFs, Japan’s strict tax policies and regulatory caution impede further adoption. Read more


Bitcoin ETF $79M outflow ends 2-week bull run amid 'sideways' BTC price

Bitcoin institutional investors are pausing while the BTC price struggles to overcome resistance. Read more


Aurum Equity Partners launches tokenized fund worth $1B

The tokenized fund will invest in data centers in the United States, the United Arab Emirates, Saudi Arabia, India and Europe. Read more


International agencies report on tokenization to G20 officials

The Bank for International Settlements and the Financial Stability Board have similar views on tokenization — it could provide new benefits and familiar challenges. Read more


Anthropic beta lets Claude AI operate users' computer mouse, keyboard

The company says the feature is “still experimental—at times cumbersome and error-prone” but hopes developer feedback will accelerate its development. Read more


Minneapolis Fed President Criticized for Remarks on Illegal Crypto Usage

Hailey Lennon and Nic Carter refuted Kashkari's claims, citing data that only 0.34% of crypto transactions were linked to illegal activity. Read more

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