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KENT CRYPTO

JUST IN: IBX (ARTIC) faces allegations of a rug pull after raising 160K SOL ($24M) in its presale, failing to refund excess funds despite promises, and crashing the token's market cap from $50M to around $6M shortly after launch.

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KENT CRYPTO

OPINION: Max Keiser predicts Bitcoin could soon exceed $220,000, driven by gold's recent all-time high of $2,713.88 per ounce.

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KENT CRYPTO

ANALYSIS: According to Helika's Web3 Gaming Report, NFT activity on Telegram surged by 400% in Q3 2024, with unique wallets transferring NFTs increasing from under 200,000 in July to over one million by September, driven by active engagement from Telegram gamers.

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TODAY: Binance announced new listings for Scroll (SCR) with spot trading starting on October 22 for pairs like SCR/BTC, SCR/USDT, SCR/FDUSD, and SCR/TRY, boosting market sentiment for the zk-rollup project.

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JUST IN: Cube has listed Access Protocol (ACS) on its exchange, highlighting the growth of content tokenization on Solana and a partnership with the Argentine government.

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KENT CRYPTO

JUST IN: The Trump family will receive 75% of World Liberty Financial's net revenue, valued at $337.5 million.

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KENT CRYPTO

RECENTLY: Lookonchain data shows BlackRock purchased over $294 million in Bitcoin on October 15, followed by an additional $390 million the next day.

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KENT CRYPTO

RECENTLY: Solv has launched a Bitcoin staking token on Solana, as competition for BTC liquidity grows within emerging layer-2 and DeFi ecosystems.

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KENT CRYPTO

RECENTLY: The ECB cut key interest rates by 2 basis points, lowering them to 3.65%, 3.25%, and 3.4%, effective Oct. 23, 2024.

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ANALYSIS: Binance remains the leading exchange for XRP whales, with significant deposits since 2021, as Ripple's XRP aims for long-term appreciation despite regulatory challenges and ongoing market volatility, according to CryptoQuant.

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JUST IN: Staked ether (stETH) is emerging as a key benchmark in the crypto economy, offering yields comparable to sovereign bonds, according to a report by ARK Invest, and is increasingly used in DeFi protocols.

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KENT CRYPTO

JUST IN: CySEC froze crypto service applications ahead of the EU's MiCA transition, set for December 30, while existing registrants can operate until July 2026.

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KENT CRYPTO

JUST IN: Turbo has dropped nearly 20% from its all-time high, with Lookonchain raising concerns over the team potentially dumping tokens on centralized exchanges.

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KENT CRYPTO

JUST IN: The FBI arrested Eric Council Jr. for allegedly hacking the SEC's X account to falsely announce Bitcoin ETF approvals.

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KENT CRYPTO

ANALYSIS: North America is the leading crypto market, generating $1.3 trillion in on-chain value, with 70% of transfers driven by large U.S. institutional transactions, according to Chainalysis.

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JUST IN: DBS Bank launches tokenized banking services for institutional clients, offering real-time payment settlement through a permissioned blockchain.

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KENT CRYPTO

RECENTLY: MoonPay now allows U.S. users to buy crypto with Venmo, except in New York and Texas.

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TODAY: EigenLayer’s X account was hacked, sharing a fake airdrop link, warns ZachXBT.

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RECENTLY: Morgan Stanley's Bitcoin ETF holdings have reached $272.1 million, representing 0.02% of its $1.2 trillion in assets, as the firm encourages CIOs to invest in Bitcoin mining stocks amid rising crypto demand.

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JUST IN: RAK DAO will introduce a legal framework for DAOs, with details to be discussed on Oct. 25.

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KENT CRYPTO

ANALYSIS: Tron's SunPump memecoin launchpad drove a 30% quarterly revenue increase to $151.2 million, with over 89,000 tokens launched and decentralized finance transactions surging by 487%, according to Messari.

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KENT CRYPTO

JUST IN: A trader turned a $96 investment into over $3 million by trading TRUMP tokens, according to Lookonchain.

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KENT CRYPTO

RECENTLY: Montenegro's Justice Minister confirmed the decision to extradite Do Kwon will be finalized by the end of this week.

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KENT CRYPTO

RECENTLY: Euroclear made its first Asian investment by backing Singapore’s blockchain firm Marketnode to expand its regional presence.

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KENT CRYPTO

RECENTLY: Billy Markus, co-founder of Dogecoin, is amazed by the project's transformation from a joke to a multibillion-dollar phenomenon.

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KENT CRYPTO

ANALYSIS: Bitcoin ETFs surpassed $20 billion in net inflows within 10 months, with BlackRock’s iShares Bitcoin Trust leading at $22.4 billion.

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KENT CRYPTO

RECENTLY: World rebranded and introduced Orb 2.0 for faster iris-scanning, expanding verification centers and offering app-based orb summoning

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KENT CRYPTO

JUST IN: Kraken announced the launch of kBTC, a Wrapped Bitcoin backed 1:1 by real Bitcoin, on Ethereum and Optimism networks.

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KENT CRYPTO

JUST IN: Orderly Network announced the testnet launch of its omnichain vault on Solana, following its $83 billion trading volume milestone.

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KENT CRYPTO

RECENTLY: Zodia Custody, supported by Standard Chartered, has launched Unified Wallets, a new solution aimed at improving asset management efficiency for institutional clients.

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