CoinShares: Net inflows into digital asset investment products last week were US$326 million, a new high since July 2022
According to a report by CoinShares, digital asset investment products saw a net inflow of $326 million last week, marking the largest weekly net inflow of funds since July 2022.
The UK Treasury implements new regulations: requiring cryptocurrency companies to apply for authorization from the FCA
The statement shows that the UK Treasury will continue to implement new regulations requiring cryptocurrency companies to apply for authorization from the UK Financial Conduct Authority (FCA).
Cregis releases open source multi-chain signature construction component Anychain
Cregis participated in the HK Web3 Evolution+NEO Hackathon held at Cyberport, Hong Kong from October 27th to 28th. In addition to showcasing the new version of the Cregis client, Anychain, an open-source multi-chain signature construction component, was also released.
Cregis plans to gradually decentralize WaaS/SaaS services through Anychain+Layer2network+L3module, allowing Web3 users to truly choose the most suitable encrypted asset management solution for themselves.
Crypto Mining Executives Lobby U.S. Lawmakers to Clear Up Environmental ‘Misperceptions’
Executives and lobbyists representing more than 40 mining companies visited dozens of offices in the House of Representatives, with a focus on members of the House Energy and Commerce Committee. Perianne Boring, CEO of the Chamber of Digital Commerce, stated: "The core message we conveyed to Congressional offices today is that Bitcoin mining is helping to achieve and advance America's energy and national security." The industry also supports a bill proposed by Congressman Pete Sessions (Republican from Texas) that would establish the House's recognition of the benefits of proof-of-work Bitcoin mining.
The MOBOX team transferred 6.5 million MBOX from Binance 20 minutes ago
On October 29th, according to on-chain data, MOBOX team transferred 6.5 million MBOX tokens worth $1.87 million from Binance to 0X99AE address 20 minutes ago, completing the buyback.
Total crypto market trading volume exceeded $240 billion in the past 24 hours
According to CoinGecko data, the total trading volume of the entire cryptocurrency market in the past 24 hours reached 242.06 billion US dollars, and the current total market value of cryptocurrencies is 1.3 trillion US dollars. Among them, the market share of BTC is 51.2%, and the market share of ETH is 16.6%.
Zhou Xiaochuan: The versatility of digital currency is crucial
Former governor of the People's Bank of China, Zhou Xiaochuan, stated that the digitalization of payment systems has given rise to digital currencies. Digital currencies cannot be established or exist independently and must rely on payment systems to operate. In the current context of multiple technologies and solutions coexisting, cooperating and competing with each other, the interoperability of various categories is crucial.
Coinbase report: More than one-third of participating recipients own cryptocurrency
Coinbase has released its second "Cryptocurrency Status Report". The survey shows that nearly two-fifths (38%) of respondents believe that cryptocurrencies and blockchain can increase their economic opportunities in ways that traditional finance cannot, with this figure at 26% for older people. Over one-third (31%) of people own cryptocurrencies, with this figure at 12% for older people. Nearly two-fifths (39%) of people believe that politicians and policymakers should support technologies such as cryptocurrencies and blockchain to help future generations, with this figure at 28% for older Americans.
Crypto transaction execution tool Anboto Labs completed US$3 million in financing, with participation from Kronos Ventures and others
On October 26, Anboto Labs, a cryptocurrency trading execution tool, completed a $3 million financing in the third quarter of this year. Kronos Ventures, Cherry Crypto, Mechanism Capital, XBTO, and Matrixport were among the investors in this round of financing.
JP Morgan: JPM Coin handles $1 billion in transactions daily
JPM Coin, the digital token of JPMorgan Chase, is currently processing transactions worth $1 billion per day. Takis Georgakopoulos, JPMorgan's global head of payments, said that the daily transactions of JPM Coin are mainly in US dollars, and the plan is to continue to expand its usage.
