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Crypto Market Highlights October 14, 2022

Crypto Market Highlights News Of The Day

Justin Sun’s Wallet Moved $164M USDC To Circle And Lots Of Transactions In Progress

In the crypto security firm’s latest discovery, Justin Sun’s labeled wallet address is experiencing a series of large transactions. Open where 164 million USDC transaction is transferred to Circle. For more specific information, you can read the article below:

https://news.coincu.com/133569-justin-suns-moved-164m-usdc-to-circle/

Beeple Announced A Physical Studio Space Being Built To Bring NFTs Into The Real World

Beeple is breaking new ground once more, this time in real life. For more specific information, you can read the article below:

https://news.coincu.com/133572-beeple-physical-studio-space/

Tether Announces It Has Eliminated Commercial Paper From Reserves

Tether, the stablecoin issuer, has removed the commercial paper from its reserves and says it has raised its direct exposure to US Treasury bonds by more than $10 billion in the previous quarter. For more specific information, you can read the article below:

https://news.coincu.com/133576-tether-eliminated-commercial-paper/

Binance Launches $500 Million BTC Mining Initiative As Difficulty Metric Rises

Loans totaling $500 million will be provided by Binance Pool to the Bitcoin mining sector. Additionally, it intends to introduce cloud mining products and is seeking cloud mining suppliers. For more specific information, you can read the article below:

https://news.coincu.com/133659-binance-launches-500-million-btc-initiative/

Legal Firm Roche Freedman Removed From Litigation Lawsuit Tether, Bitfinex

Even though controversial founder Kyle Roche filed to withdraw from the case, the law firm Roche Freedman was removed. For more specific information, you can read the article below:

https://news.coincu.com/133682-roche-freedman-against-tether-bitfinex/

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.

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