Galaxy posted on the X platform that the U.S. Securities and Exchange Commission (SEC) has approved Nasdaq to list and trade spot Bitcoin ETF options, but it still needs to obtain approval from the U.S. CFTC (U.S. Commodity Futures Trading Commission) and OCC (U.S. Office of the Comptroller of the Currency). There is no definite timetable yet, so the exact start date of trading is still pending. It is reported that there are certain restrictions on spot Bitcoin ETF option trading, such as strict monitoring of market manipulation and clear position limits. Nasdaq ISE plans to cooperate with other exchanges to integrate these requirements with existing monitoring systems. Galax added that in the long run, spot Bitcoin ETF options can stabilize Bitcoin's volatility, enhance investor confidence, and deepen market liquidity. Coupled with the digital asset custody service recently launched by Bank of New York Mellon, the institutionalization of Bitcoin is accelerating.
FTX Creditors: FTX Creditors Can Only Recover “10-25% of Cryptocurrency”
According to Cointelegraph, according to the latest revised bankruptcy documents shared by FTX creditor Sunil Kavuri, creditors can only recover 10% to 25% of their cryptocurrency investments, and the compensation is based on the application date price far below the current market, such as Bitcoin was only about $16,000 at the time. Kavuri said that this decision aroused the anger of creditors, and many customers fell into mental distress due to the loss of their life savings, and their property has not been returned to them so far. Other creditors echoed, accusing FTX of being a scam and saying that they were doubly deceived. Kavuri also pointed out that FTX's former CEO SBF misappropriated customer funds to repay outstanding debts, violating the terms of service. Previously, FTX's bankruptcy estate had reached an agreement with Emergent Technologies, founded by SBF, to repay debts with $600 million in Robinhood stocks. In addition, the bankruptcy reorganization plan faces multiple challenges, including questions from the U.S. trustee and the SEC, who believe that the plan provides too much legal protection for managers and may object to the stablecoin compensation plan.
According to Coinpost, Japanese listed company Remixpoint officially disclosed the details of its latest round of crypto asset investment on September 27, spending a total of 750 million yen (about 5.27 million US dollars) to purchase 64.4 BTC (600 million yen), 130.1 ETH (50 million yen), 2,260.5 SOL (50 million yen), and 12,269.9 AVAX (50 million yen). This investment is the first batch of the "total 1.5 billion yen (about 10.55 million US dollars) virtual currency purchase plan" announced by the company on September 26, aiming to reduce the risk of yen depreciation through diversified investment and optimize cash management strategies. At the board meeting held on September 26, Remixpoint's decision-makers unanimously agreed to allocate part of the surplus funds to virtual currencies to diversify the risk of asset portfolios and reduce yen exposure, and at the same time hope to enhance the company's financial resilience through this move. The company clarified the investment and management strategy, that is, of the total amount of 1.5 billion yen, Bitcoin accounts for the majority (1.2 billion yen), while 100 million yen will be invested in Ethereum, Solana and Avalanche respectively. These will be carried out in stages, with the goal of being completed by the end of this year depending on market conditions.
Worldcoin Expands Its Facial Recognition Technology to Guatemala, Poland, and Malaysia
According to Bitcoin.com, the decentralized identity project Worldcoin announced that it has launched Orb verification (i.e. iris scanning) services in Guatemala, Poland and Malaysia, and launched the Face Auth feature. Face Auth is a new feature of its World ID suite, allowing other applications to verify whether the person using the ID is the same person who has been verified through the orb device (iris scanning device) at the Worldcoin center. This process only uses information from the user's mobile phone, protecting user data privacy and preventing possible fraud due to device theft.
Coingecko data shows that the market value of Solana Meme coin MOODENG, inspired by the Thai Internet celebrity hippopotamus "Moo Deng", has fallen back to $285 million after hitting a new high of $320 million last night. MOODENG is currently trading at $0.288, up 7.5% in the past 24 hours.
According to Lookonchain monitoring, a certain address spent 6 SOL (about US$815) to buy 30.1 million MOODENGs on the 17th. It is currently worth US$9.4 million, and the profit of this transaction has reached 11,534 times.
Today, it was revealed that the victim who was phished for 12,000 spWETH sent a message to the phisher on the chain, proposing to solve the problem in a "peaceful way (peaceful resolution)", and was willing to provide a 20% reward if the phisher agreed to return the funds. Earlier news, an address lost 12,083 spWETH after signing the "permit" phishing signature, worth about 32.43 million US dollars. Later, Lookonchain posted on the X platform that the address was suspected to be related to Cobo co-founder and CEO Shenyu (@bitfish1).
According to Jinshi, next week will usher in the US "Non-Farm Week", and a number of key data are expected to be released. The following are macro events worthy of attention: 09:30 on Monday, China's official manufacturing PMI; 01:00 on Tuesday, Federal Reserve Chairman Powell delivered a speech at the National Association for Business Economics; 22:00 on Tuesday, US September ISM Manufacturing PMI; 23:00 on Tuesday, 2024 FOMC voting member, Atlanta Fed President Bostic and Federal Reserve Board member Lisa Cook co-chaired the meeting; 06:15 on Wednesday, 2024 FOMC voting members Bostic, Barkin, and 2025 FOMC voting member Collins participated in a group event; 20:15 on Wednesday, US September ADP employment; 21:00 on Wednesday, 2024 FOMC voting member, Cleveland Fed President Hammack delivered a speech; 22:05 on Wednesday, 2025 FOMC voting member, St. Louis Fed President Musallem delivered an opening speech at an event; At 23:00 on Wednesday, Federal Reserve Board Governor Bowman will deliver a speech; at 20:30 on Thursday, the number of initial jobless claims in the United States for the week ending September 28 will be released; at 22:40 on Thursday, Minneapolis Fed President Kashkari and Atlanta Fed President Bostic will hold a fireside chat on an inclusive economy; at 20:30 on Friday, the U.S. September seasonally adjusted non-farm payrolls (10,000 people); at 21:00 on Friday, FOMC permanent voting member and New York Fed President Williams will deliver an opening speech at a meeting held by the New York Fed; at 20:30 on Friday, the U.S. unemployment rate in September.
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