#cryptocurrency

On October 18, Tether Gold (XAUT) and Pax Gold (PAXG), cryptocurrency tokens tied to the price of physical gold, reached historic highs. XAUT hit $2,715.92, according to Coingecko, while Paxos' gold-backed token peaked at $2,723.

In addition to Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and the stablecoin Tether (USDT), MoonPay users can now add XRP to their portfolios. This expansion aligns with the growing demand for this cryptocurrency and broadens the platform’s capabilities.

In November 2022, FTX, once one of the largest cryptocurrency exchanges, filed for bankruptcy. Estimates indicated the company owed approximately $11.2 billion to its creditors.

Coinbase, the world’s second-largest cryptocurrency exchange by trading volume, announced it will delist all stablecoins that do not meet the MiCA regulations set by European authorities. Among those at risk is USDT, the leading stablecoin issued by Tether Holdings Ltd.

The EigenLayer (EIGEN) token was listed on major exchanges as of October 1st. Investors can now access this cryptocurrency, and airdrop recipients are already reaping their rewards.

After a year-long legal battle, 21-year-old Evan Frederick Light has pled guilty to stealing over $37 million in cryptocurrency. The final hearing was held on September 30 in South Dakota, with the official report published by the U.S. government on October 1.

The non-profit Cryptocurrency Open Patent Alliance (COPA), in collaboration with Unified Patents, launched the Blockchain Zone initiative to combat patent trolls — non-practicing entities (NPEs) that acquire patents to profit from legal actions rather than to innovate.

From September 23 to 29, cryptocurrency startups and projects raised $236 million in investments. Which sectors are driving the success of these crypto startups, and where did venture capitalists invest a quarter of a billion dollars?

U.S. presidential candidate Donald Trump aims to make significant changes to the federal regulatory landscape, particularly regarding the cryptocurrency sector.

The VanEck Ventures fund will invest $30 million in cryptocurrency, fintech, and artificial intelligence projects. The focus will be on pre-seed and seed-stage startups, particularly those developing innovative payment systems.

Flare has emerged as a new top gainer in the cryptocurrency market. The native token FLR surged by 16%, nearly tripling the growth of its nearest competitor.

The Australian Federal Police (AFP) "deciphered" the seed phrase of a cryptocurrency account as part of Operation Kraken. Authorities seized approximately $9.3 million from Jay Jay Je Yoon Jung, a suspected developer of the encrypted messaging app Ghost.

Ethereum mastermind Vitalik Buterin is back with a bold vision to keep Ethereum, the world’s second-largest cryptocurrency, united. He’s talking about something he calls “alignment” — a way to make sure everyone involved with Ethereum is on the same page. Why? To avoid chaos, and keep the network decentralized, fair, and, well, uniquely "Ethereum."

Grayscale released a new research paper focusing on various cryptocurrency sectors. The company updated its list of the top 20 cryptocurrencies that Grayscale Research believes have high potential for Q4 2024.