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UK watchdog asks firms to share current and future crypto exposures

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The Bank of England’s regulatory arm requests the crypto info from UK firms in order to assess stability and set policy. Source link

Texas investor sentenced to two years after hiding BTC gains from taxman

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According to the DoJ, Frank Richard Ahlgren III “falsely underreported capital gains” earned from BTC worth $3.7M between 2017 and 2019. Source link

‘Someone is trying to ruin my Friday’ says Gate.io CEO after hack rumors

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News that the Gate.io crypto exchange was hacked spread online this morning after a source that did “zero checking” shared the news. Source link...

Tether-linked Cantor Fitzgerald pays $6.75 million SEC penalty

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Tether-linked Cantor Fitzgerald was charged with misleading investors of two SPACs in the run-up to $750 million initial public offerings. Source link

What is the next MicroStrategy catalyst after NASDAQ 100?

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On January 1 next year, the FASB will change an accounting rule regarding the treatment of bitcoin that will benefit MicroStrategy. Source link

Coinbase sued over WBTC delisting by Justin Sun-affiliated BiT Global

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Justin Sun-affiliated BiT Global sued Coinbase over its decision to delist WBTC and favor its own competitor, cbBTC. Source link

Founder of ‘AI-slop’ game Catly has NFT history

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Catly founder Kevin Yeung previously planned to launch two blockchain games and sunk $2.5M into a cat-themed project called Alien Meow. Source link

Aave could leave Polygon over plan to use bridge funds for yield farming

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Aave is the largest protocol on Polygon, accounting for over a third of the chain’s total value locked (TVL) at $467 million. Source link...

You’re not gonna make $50K in PENGU by buying and returning Pudgy toys

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It’s been claimed that bulk-buying $20,000 of Pudgy merch could net a $50,000 profit for anybody willing to put in a bit of...

Retardio memecoin ‘not authorised’ by UK FCA

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The United Kingdom’s Financial Conduct Authority has issued a warning that Retardio “is not authorised” by the regulator. Source link
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