6 News (30 October 2022)

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Cryptos

Coinbase teams up with Brazilian central bank’s Pix to offer expanded services
Brazilians will have more options for trading in crypto and better customer service as the United States-based exchange partners with the popular instant payment app.
Celsius custody account holders can receive 72.5% of their crypto, says bankruptcy judge
Should they opt in to the deal, Celsius customers cannot “pursue any litigation, including seeking relief from the automatic stay, turnover, or other claims or causes of action.”
Web2 giants coming into Web3 could benefit ecosystem — PBW founder
Paris Blockchain Week founder Michael Amar believes large Web2 companies entering the Web3 space bring resources capable of increasing mass adoption.
CCP Games secures $40M funding for upcoming Web3 game
The financing was led by venture capital firm Andreessen Horowitz, with participation from Makers Fund, Bitkraft, Kingsway Capital and Hashed, among others.
Sushi sets up legal defense fund after SEC subpoenas head chef Jared Grey and DAO itself
The DAO said it would not be commenting on “ongoing legal investigations,” but its existing $100,000 defense fund was apparently not enough.
Why is XRP price up today?
XRP price rallied by 20% as investors grew optimistic about Ripple winning its case against the SEC.
Texas lawmaker introduces resolution to protect Bitcoin miners and HODLers
The Lone Star State is already home to many crypto and blockchain firms as well as miners taking advantage of the regulatory-friendly environment.
Bitcoin holds $28K due to spot buying, but institutional investors are still selling
BTC price continues to show bullish momentum, but institutional investors selling and the absence of whale buyers threaten to weaken the current rally.
Bitcoin hits new 9-month highs above $28K as markets flipflop over FOMC
Bitcoin price action targets $28,500 with “all classes” buying BTC, but the odds of the Fed pausing rate hikes are decreasing by the hour.
CryptoUK calls on regulators to address de-banking of digital asset firms
The trade association said many banks in the U.K. had begun imposing blanket bans on dealing with crypto firms “instead of taking a risk-based and case-by-case approach.”

6 News (30 October 2022)

BySIX News Australia

By SIX News Australia

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