Your Favorite Crypto Digest From TradeCrypto.com #149

The statistics:

The market today is green. BTC is now trading above $19,500, ETH is trading around $1,300.

💪 Bitcoin dominance: 41.78%

📉 Total Cryptocurrency Market Cap: $ 0.897 tr

😲 Fear and greed index: 22 (Extreme Fear)

🚀 Gainers (Top-100)

• Ankr (ANKR)+24.87%

• Huobi Token (HT)+14.02%

• Curve DAO Token (CRV)+9.08%

😭 Losers (Top-100)

• Casper (CSPR)-5.97%

• Quant (QNT)-4.90%

• Ethereum Name Service (ENS)-3.17%

Move over, Elon. Ye is getting his own social media platform. Kanye West, the controversial entertainer and supporter of former U.S. President Donald Trump, has agreed 🤝 in principle to purchase the right-leaning social media platform Parler, according to Parler.

Will it be as loud as the last one? The Ethereum Foundation announced 📢 the launch of a pre-Shanghai testnet it's calling “Shandong.” Shandong will serve as a testing ground for numerous Ethereum Improvement Proposals (EIPs), which Ethereum’s core developers will build, tweak, and ultimately, whittle down to the select number of updates that will be included in Shanghai when it eventually goes live. Which proposals will be included in Shanghai also remains an unresolved question.

Oops, unexpected twist. Cryptocurrency exchange 💱 FTX, its FTX US division, and founder and CEO Sam Bankman-Fried are being investigated by Texas regulators over potential securities violations, according to a state filing.

Regulators are probing whether yield-bearing accounts offered by FTX US should be considered unregistered securities, as described in a filing related to the bankruptcy proceedings of Voyager Digital. "The Enforcement Division is now investigating FTX Trading, FTX US, and their principals, including Sam Bankman-Fried," 📲 wrote Joseph Jason Rotunda, director of enforcement for the Texas State Securities Board.

Another CEO who left. Billionaire Gemini co-founder Cameron Winklevoss is no longer a director at Gemini Europe, according to a Companies House filing made on October 12. Gemini Europe is a wholly-owned subsidiary of the New York-based Gemini cryptocurrency exchange, who currently provides 🌍 services in 29 European countries. Cameron Winklevoss co-founded Gemini in 2014, alongside his twin brother Tyler, which has since grown to become the 10th-largest crypto exchange in the world according to CoinGecko.

Visa seems to be behind. Mastercard plans to announce a program called Crypto Source that will make it easier for banks and other financial institutions to offer 💱 cryptocurrency trading. The program will act as a “bridge” between crypto trading platform Paxos and banks, the company said.

According to records held by the French financial regulator l'Autorité des Marchés Financiers (AMF), the bank’s crypto subsidiary SG Forge was registered 📃 at the end of September for three activities related to trading cryptocurrencies. SG Forge’s registration covers the custody, purchase, sale, and exchange of digital assets. It has yet to register for operating a trading platform. France is picking up speed.

Japan’s national police have pinned North Korean hacking group, Lazarus, as the organization behind several years of crypto-related cyber attacks. In the public advisory statement, Japan’s National Police Agency (NPA) and Financial Services Agency (FSA) sent a warning 🔈 to the country’s crypto-asset businesses, asking them to stay vigilant of “phishing” attacks by the hacking group aimed at stealing crypto assets.

“This cyber attack group sends phishing emails to employees impersonating executives of the target 🔍 company through social networking sites with false accounts, pretending to conduct business transactions. The cyber-attack group [then] uses the malware as a foothold to gain access to the victim’s network.” Will it be a hunt?

Conclusion: It looks like Kanye West has come into Ilon Musk's field. But also has a stronger resolve. Perhaps he will soon become more involved in web3. There are only a few left who do not yet believe in a new future. That's what we will fix :)

What is Crypto Ping Pong digest?

TC lads here are working quite hard and from time to time we gotta chill. Recently, we got ourselves a ping pong table to complete our lazy-bag-stuffed chill zone. As you all know our main hobby is Crypto, so even while we play we don’t really shut up about it. Ever.

So memes, leaks, gossips naturally come about – we collect them and share them with you in this interstellar space on our site we like to call Crypto Ping Pong digest.