πΈπ¬πΉ MAS (Monetary Authority of Singapore) will review crypto investment products in a new consultation document in Q1 2024.
π The number of addresses containing >$1000 worth of #BTC has increased to a record high of 8 million.
π€ CryptoAttack π¬π§
πββοΈ #ARB Arbitrum DAO is in the process of voting on a proposal that, if approved, will allow ARB holders to stake their tokens for 12 months. The decision, now subject to an ongoing community vote, is due on November 6th. More
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π #ARB Arbitrum DAO approved the ARB staking proposal. The income will be financed by the treasury and distributed over 12 months through a smart contract.
π΅οΈββοΈ It looks like DWFLabs withdrew 200,001 #LQTY ($328k) from Binance 15 minutes ago.
βοΈ In October, Hut 8 mined 112 #BTC, the total balance at the end of October was 9,113 BTC.
π€ CryptoAttack π¬π§
π Musk: xAI's Grok system will be available to X Premium users after early testing is completed twitter.com
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π Over the weekend, anonymous developers released about four hundred different GROK tokens, similar in name to Elon Muskβs AI model βGrokβ, and their total market value is tens of millions of dollars.
coindesk.com
coindesk.com
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π CoinShares report on financial flows in crypto for the last week: - Net inflow of investment products into digital assets last week amounted to $326 million, which is new high since July last year; - #BTC received 90% of inflows in the amount of $296 million;β¦
π CoinShares Report on financial flows in crypto over the last week:
Inflows into digital assets totaled $261 million, representing the sixth consecutive week of inflows that now total $767 million, surpassing the total inflows of $736 million seen in 2022.
#BTC accounted for the lion's share of inflows at $229 million, bringing year-to-date inflows to $842 million, likely fueled by the growing likelihood of spot ETFs emerging in the US.
#ETH saw its largest inflow since August 2022, totaling $17.5 million
Inflows into digital assets totaled $261 million, representing the sixth consecutive week of inflows that now total $767 million, surpassing the total inflows of $736 million seen in 2022.
#BTC accounted for the lion's share of inflows at $229 million, bringing year-to-date inflows to $842 million, likely fueled by the growing likelihood of spot ETFs emerging in the US.
#ETH saw its largest inflow since August 2022, totaling $17.5 million
π€ CryptoAttack π¬π§
π Total value locked in DeFi protocols rose from $35.8 billion to $42 billion in two weeks: - Solana lending protocol, Marinade #MNDE, experienced a 120% jump in TVL this month after release own betting product; - Marinade's competitor protocol, Jito, grewβ¦
π Overview of the DeFi Landscape
π #BETA Beta Finance will launch main network on Ethereum November 21