Wednesday, October 4 - Top Crypto News

What this episode covers

Distributed Technologies Research (DTR) unveiled DRAM, a stablecoin pegged to the UAE dirham, aiming to assist countries experiencing high inflation rates. Meanwhile, Binance announced the cessation of its lending services for the Binance USD stablecoin by late October, following Paxos's dissociation from the crypto giant over regulatory concerns. Simultaneously, controversy arose on the social platform X, with the crypto community urging the platform's owner, Elon Musk, to remove a deceptive profile impersonating Bitcoin's elusive creator, Satoshi Nakamoto. In Thailand, Binance played a crucial role in aiding the Royal Thai Police to apprehend crypto scammers, resulting in the recovery of $277 million. Finally, as the crypto market continues its bearish trend, blockchain analytics firm Chainalysis has laid off a significant portion of its workforce for the second time this year.

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Frequently Asked Questions

How long is this episode of Good Morning Crypto?

This episode is 3 minutes long.

When was this Good Morning Crypto episode published?

This episode was published on October 4, 2023.

What is this episode about?

Distributed Technologies Research (DTR) unveiled DRAM, a stablecoin pegged to the UAE dirham, aiming to assist countries experiencing high inflation rates. Meanwhile, Binance announced the cessation of its lending services for the Binance USD...

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