Newsletter Oct 19, 2023
Tesla's BTC Stash Reveals EV Maker's Diamond Hands On Crypto Holdings Despite Bear Market

Contrary to the rumors that were circulating online a few months ago, Tesla suggested that it did not buy or sell any of its crypto assets over the three-month period ending in September. However, it did not explicitly state its actual Bitcoin holdings.


Kiyosaki On Bitcoin In Inflation: Enriching The Wealthy, Squeezing The Middle-Class And Poor

For the investor and financial education advocate, inflation erodes the purchasing power of the dollar savings of the poor and the middle class who depend solely on it.


Coinbase's Chief Legal Officer Warns Crypto Tax Could Set A 'Dangerous Precedent For Surveillance'

Paul Grewal also expressed his concern that establishing crypto tax reporting rules could put digital assets at a disadvantage, especially since the industry is just getting started.

Cathie Wood Sees SEC's Shift In Attitude; Spot Bitcoin ETF By ARK Invest Makes Headway

Despite speculations, Wood noted a shift in the SEC's stance on spot Bitcoin ETF applications.

Fantom Foundation Loses Over Half-A-Million Due To Hack Caused By Google Chrome Flaw

Initial reports claimed Fantom lost $7 million in crypto due to the hack, but the team clarified that some of the wallets labeled Fantom Foundation wallet were mislabeled by blockchain explorers and that not all stolen funds were from the platform.

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