FTX employees found Alameda’s secret backdoor months before collapse — link | archive

Since January 2023, Foundry and Antpool have collectively controlled north of 50% of Bitcoin’s hashrate, posing ever-greater centralization risk.

Though Foundry’s dominance has softened to 29% from the high of 34% in February, Antpool is inching forward, gaining 5% share over the same period to reach 23% — link

Firms launch El Salvador’s first Bitcoin mining pool tapping geothermal energy — link

Digital asset investment products saw inflows for the second week totalling $78m, while trading volumes for ETPs also rose by 37% to $1.13bn for the week — link

Bitstamp is in talks with several big European banks about offering cryptocurrency services — link

Caroline Ellison says Bankman-Fried directed her to commit crimes — link

Crypto VC activity continued to decline in Q3, with capital invested and deal count now at their lowest points since Q4 2020 — link

Crypto exchange WOO to buy back shares from 3AC to ‘clear uncertainty’ — link

JPMorgan's blockchain-based collateral settlement application goes live: Bloomberg — link

Options volumes as a % of overall derivatives market keeps growing. The 7 day moving average reached 3% of the overall derivatives total market activity, a new all time high — link

Caroline Ellison's to-do list included “getting regulators to crack down on Binance” — link

Bitcoin long-term balances as a percent of total supply reached their highest since 2010 — link

Poor security practices at Alameda Research caused the company to lose hundreds of millions of dollars — link

U.S. CPI in 30 mins

Forecast:

CPI y/y: 3.6%
CPI m/m: 0.3%

Core CPI y/y: 4.1%
Core CPI m/m: 0.3%

Please note: CPI bot is still in the test mode.

CPI y/y: 3.7%
CPI m/m: 0.4%

Core y/y: 4.1%
Core m/m: 0.3%

Transactions on the Lightning Network have increased by more than 1212% in 2 years — link

U.S. FTC says it reached settlement with bankrupt crypto company Voyager, permanently banning it from handling consumers’ assets and filing suit against its former CEO — link | reuters

A complete timeline of FTX: From Alameda's spiraling debt to its dramatic implosion — link

While BTC 60-day correlation with risk assets has been moving upwards, it is way below its 2022 average of over 50%.

In fact, BTC showed remarkable resilience to surging borrowing costs and growing macro uncertainty in September, outperforming the S&P 500 and the Nasdaq 100.

Tether promotes Paolo Ardoino to CEO role — link