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Crypto Market Highlights October 4, 2022

Crypto Market Highlights October 4, 2022 2

Crypto Market Highlights News Of The Day

Binance Completed First LUNC Burn, 5.6 Billion LUNC Destroyed

Binance has announced the first phase (September 21 to October 1) of LUNC demolition content. A total of about 5.6 billion LUNCs were destroyed, worth about 1.86 million US dollars. This figure represents only 0.08% of the total LUNC supply which seems to disappoint investors. For more specific information, you can read the article below:

https://news.coincu.com/130316-binance-lunc-burn-5-6b-lunc-destroyed/

Binance Opens New Offices In Brazil

Binance has officially launched two offices in Brazil, aiming to expand its presence in the South American country, where a slew of enterprises has recently introduced digital asset trading services. For more specific information, you can read the article below:

https://news.coincu.com/130302-binance-opens-new-offices-in-brazil/

U.S. Regulators Want More Direct Oversight Of Crypto Exchanges And Regulation Of Stablecoins

According to its most recent report on digital assets, a group of top U.S. regulators wants Congress to approve legislation to allow for more direct monitoring of crypto exchanges and complete regulation of stablecoins. For more specific information, you can read the article below:

https://news.coincu.com/130306-us-regulators-direct-oversight-crypto/

Ex-CEO Celsius Alex Mashinsky Keeps Moving 20,000 CEL

Alex Mashinsky after allegedly withdrawing $10 million just weeks before freezing all customer accounts continues to have movements towards 20,000 CEL in his wallet. For more specific information, you can read the article below:

https://news.coincu.com/130409-alex-mashinsky-keeps-moving-20000-cel/

Mastercard Plans To Launch Anti-Crypto Fraud Tool

Mastercard intends to launch a new software solution to aid banks and card issuers in combatting crypto-related fraud. For more specific information, you can read the article below:

https://news.coincu.com/130412-mastercard-launch-anti-crypto-fraud-tool/

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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Harold

CoinCu News

Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.