Tuesday, October 3 - Top Crypto News

UBS is piloting a tokenized money market fund on Ethereum as part of Singapore's Project Guardian. Meanwhile, Grayscale is making strides towards regulatory acceptance, applying to convert its Ethereum Trust into a spot Ethereum ETF with the US SEC....

Episode 173 of the Good Morning Crypto podcast, hosted by ARCARO, titled "Tuesday, October 3 - Top Crypto News" was published on October 3, 2023 and runs 3 minutes.

October 3, 2023 ·3m · Good Morning Crypto

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Summary

UBS is piloting a tokenized money market fund on Ethereum as part of Singapore's Project Guardian. Meanwhile, Grayscale is making strides towards regulatory acceptance, applying to convert its Ethereum Trust into a spot Ethereum ETF with the US SEC. Michael Lewis's new book reveals that Sam Bankman-Fried, FTX's former CEO, considered a $5 billion offer to Donald Trump to deter his presidential run. Additionally, the crypto community is keenly observing the implications of Bitfinex transferring $100 million in USDT to the Tether treasury amid regulatory discussions and the Federal Reserve's concerns over stablecoins. On the mining front, Bitfarms has increased its Bitcoin production, focusing on leveraging the upcoming Bitcoin halving in 2024.

Episode Description

UBS is piloting a tokenized money market fund on Ethereum as part of Singapore's Project Guardian. Meanwhile, Grayscale is making strides towards regulatory acceptance, applying to convert its Ethereum Trust into a spot Ethereum ETF with the US SEC. Michael Lewis's new book reveals that Sam Bankman-Fried, FTX's former CEO, considered a $5 billion offer to Donald Trump to deter his presidential run. Additionally, the crypto community is keenly observing the implications of Bitfinex transferring $100 million in USDT to the Tether treasury amid regulatory discussions and the Federal Reserve's concerns over stablecoins. On the mining front, Bitfarms has increased its Bitcoin production, focusing on leveraging the upcoming Bitcoin halving in 2024.

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