“Things Are Getting Wild’ — Dozens Of Crypto ETFs Hit SEC’s Desk As Agency Adopts New Listing Standards

As the stablecoin sector continues to expand rapidly, questions are intensifying about how traditional banking institutions will respond to the rising popularity of crypto-backed digital assets. Industry leaders suggest that unstable deposits and yields on stablecoins are poised to reshape the future financial landscape, prompting discussions over the potential decline of conventional banking models amid [...]

On October 2, the UK Financial Conduct Authority removed its retail investor ban on crypto exchange-traded products. The last time since 2021, UK consumers can access regulated Bitcoin and Ethereum-connected products. But the delays in the regulatory approvals imply that investors will have to wait longer to start trading. On September 25, the day before […]

PANews reported on October 5th that, according to The Block, the Web3 wallet MetaMask tweeted that it will launch an on-chain rewards program "in the coming weeks." The program "will offer referral rewards, $1 million in rewards, exclusive partner rewards, token usage rights, and more," and will distribute "over $30 million in LINEA token rewards" in the first quarter. LINEA is the native token of Linea, an Ethereum Layer 2 network also incubated by ConsenSys. Linea launched in September and conducted an airdrop of 9.4 billion tokens. “Long-term MetaMask users won’t be neglected — they’ll receive special benefits, and MetaMask rewards will be meaningfully tied to future MetaMask tokens,” MetaMask wrote in its announcement. It also stated that the program is “not a mining game” but “a genuine way to give back to the community on a regular basis.”