Goldman Sachs-backed Crypto Company Circle Launches Dollar Backed Stable Coin USDC
Goldman Sachs-backed crypto company Circle has launched their US dollar backed stable coin USDC.
Coinbase Plans to List Many More Crypto Assets
Coinbase has announced it has expanded its listing process and will be listing many more crypto assets. Thus, one can expect many additional altcoins to be listed at some point in the future.
ANON Wallet is Live
The BTC/ZCL fork ANON is live and the wallet is too. To claim your ANON if you had your BTC and/or ZCL private keys, you need an ANON wallet. Here is the link to the official ANON wallet on GitHub.
Google Ends Crypto Ad Ban Starting October
Google is following FaceBook in ending its ban on crypto ads. Moving forward advertisers from around the world will be able to run certain types of crypto ads in the US and Japan.
Coinbase Bundle Let’s You Buy All Coinbase Cryptos at Once
Coinbase rolled out new product in Coinbase, Coinbase Bundle lets you buy all coinbase cryptos at once. The bundle is weighted by the total market value of each asset.
Congressman Tom Emmer Proposes Crypto Tax Legislation to Make Crypto Taxes Clearer
Co-Chair of the Congressional Blockchain Caucus, Congressman Tom Emmer (R-MN), is putting forth much needed legislation to provide clarity to tax payers regarding crypto.
HitBTC Didn’t Pause Trading After CMCT Hack While Other Exchanges Did
It is worth noting that HitBTC didn’t pause trading on Crowd Machine (CMCT) after a CMCT hack while other exchanges did.
Crowd Machine ($CMCT) Flash Crashed after Potential Hack; Most Exchanges Shut Down CMCT Trading
Crowd Machine ($CMCT) flash crashed on Sept. 22nd after a what appears to be a hack of CMCT reserves. This resulted a large amount of CMCT being dumped on the open market. Most exchanges stopped CMCT trading in the subsequent hours, but some have not.
There Was a Major Bug in Bitcoin’s Code, but Developers Fixed it
There was a vulnerability in Bitcoin’s code. Meanwhile, since Litecoin and Bitcoin Cash and some others are based on Bitcoin, they also had the bug. Luckily, the Bitcoin Cash developer who caught the code shared it, and Bitcoin, Litecoin, Bitcoin Cash, and more have all fixed the issue. Other crypto teams who based their code on Bitcoin, like Doge and Verge, have come out to assure people that they never had the vulnerability.
Van Eck SolidX ETF Postponed
The SEC’s decision on the Bitcoin ETF from Van Eck Securities Corp. and SolidX Management is postponed while the SEC requests another round of comments from the public. The exact decision date isn’t clear, but essentially it is 21 days for comments from Sept 20th (when the order was published in the Federal Register), 35 days for rebuttals from that date, and then with that information another decision has to be made.