Ripple Celebrates As SEC Finally Surrenders...

In a historic victory for Ripple, the SEC has officially withdrawn its allegations against the top two executives of the company.

Tom Emmer Emerges As Unexpected Candidate For Speaker Of House Of Representatives...

Bitcoin recently experienced a 1.2% decline, reaching slightly above $27,000. Investor confidence in riskier assets waned due to escalating tensions in the Hamas-Israel conflict.

AXO Finally Makes Public Debut...

After a two-year wait, AXO, the latest decentralized exchange (DEX) provided by the Cardano Foundation, has officially made its debut on the public testnet. This allows users to test its innovative trading features, gain hands-on experience, and provide valuable feedback before the platform goes live.

Here Is How Banks Are Utilizing Generative AI...

Real USD (USDR), a stablecoin backed by tokenized real estate, experienced a significant loss of its value, dropping to nearly $0.5 on Wednesday, breaking its peg to the United States Dollar (USD).

Over $60 Million Lost Due To Massive Cointelegraph Blunder...

Cointelegraph, a popular crypto-oriented news media outlet, recently shared a message on X without obtaining prior editorial approval, falsely claiming that the United States Securities and Exchange Commission (SEC) had granted approval for a Bitcoin ETF (Exchange Traded Fund) to BlackRock. The fake news announcement has since resulted in over $60 million in losses for traders around the globe.

Crypto Fundraising October 10 - 16...

On behalf of the Web3 community, we would like to extend our warmest congratulations to the companies that announced their success in fundraising between 10th October and 16th October 2023. We are thrilled to see such tremendous support from all involved. Well done!

INDUSTRY EVENTS

CONTENT OF THE WEEK

100% Guaranteed! Bitcoin ETF in 2023 - Mike Novogratz & BlackRock's Larry Fink

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We at CryptoWeekly are not Financial Advisors. None of the content or opinions expressed in this newsletter should be considered financial advice. We highly recommend that you do your own research before investing in any project within or outside the cryptocurrency space.