India’s forex reserves fall $8.58 billion in a week
India’s reserves fell to $726.027 billion, according to data released by the Reserve Bank of India on October 16. The weekly declines reported in its last two releases total $21.53 billion.
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Coinbase and Marqeta plan cards funded by stablecoin balances
The companies are extending their existing card partnership to Marqeta’s enterprise customers. Cardholders will be able to spend stablecoin balances at merchants that accept cards.
Crypto funds shed $434 million so far this week
CoinShares assessed withdrawals from global digital asset investment products alongside US inflation and spending figures. The total covers the week up to the report’s publication.
Cobo Wallet to close, with a $100 minimum monthly fee
Cobo Wallet users are being asked to move their assets and replace receiving addresses saved on exchanges or mining pools. The closure does not cover the company’s institutional wallet services.
Judge rejects Gemini and CFTC bid to undo settlement
The CFTC backed Gemini after concluding it would not bring the case under its current standards. Judge Hellerstein found that a change in the agency’s policies did not justify reopening the judgment.
Ethereum ETFs shed $189.7 million over two days
Money has left Ethereum funds again after a brief return to inflows on October 13. Fidelity’s FETH attracted fresh capital in the latest session, but not enough to offset withdrawals from ETHA and ETHE.
GIGACHADBAT opens claims for 50 million CHAD rewards
GIGACHADBAT players can claim their second-season allocations through Delabs Play. The team says the game will continue after its final season on Abstract.
Schwab begins phased rollout of crypto transfers
Charles Schwab is introducing transfers that let customers move existing crypto holdings onto its platform. Account approval and geographic restrictions within the United States still apply.
Binance sets timetable for VELODROME’s conversion to AERO
Binance will handle token conversions for its users as Velodrome and Aerodrome merge. Existing AERO will also be replaced one for one, while its current spot and perpetual futures markets remain available.
Australia opens consultation on crypto tax reporting draft
Treasury is proposing rules for both international crypto tax information sharing and reports on Australian users’ transactions. The domestic regime would cover custody and transfer services as well as exchanges.
Starknet opens vote on independent L1 research
The Starknet community is considering a structure that could reduce its reliance on Ethereum for security upgrades. The seven-day poll asks whether research should continue.
USDC to come under dual supervision in the EU
The EBA will oversee reserves, capital and redemption plans for Circle’s European USDC issuance. France’s ACPR will retain responsibilities including corporate governance and outsourcing.
Brooklyn crypto scam takedown targets 241 domains
A three-year investigation led authorities to the servers behind fraudulent investment sites. Prosecutors say the same organization later approached victims again, promising to recover their stolen money.
VanEck abandons plan to launch Lido stETH ETF
The proposed fund would have held stETH, the token representing Ether staked through Lido. Nearly a year after its initial filing, VanEck says it will not proceed with the share offering.
BitMEX faces UK claim for return of 324.8 Bitcoin
Lewis Barber has sued BitMEX operator HDR Global Trading over trades made between 2018 and 2022. He alleges the exchange offered regulated derivatives in the UK without the required authorization.
Splinterlands Hallow’s Fall skins reach reward chests on October 15
The Halloween collection is already on sale in the shops. Chests and Frontier rewards have 900 copies allocated, while the 13 skins sold for Glint have no fixed supply cap during the sale.
DIFC Courts starts verifying court documents on Avalanche
A bank or institution abroad can check that a document came from DIFC Courts and has not been altered. The contents of the case file are kept off the public network.
Bitcoin falls below $82,000 after U.S. inflation release
Gasoline accounted for more than half of the monthly rise in U.S. consumer prices. Bitcoin’s initial decline after the release extended below $82,000 later in the session.
Cipher Digital prices $850 million in zero-coupon notes
The data center developer also plans to exchange some of its older debt for shares. The new offering is scheduled to close on October 16, subject to closing conditions.
Binance to delist EPIC and QUICK on October 28
All spot pairs for the two tokens will be removed and open orders canceled. Futures, copy trading and Earn products have separate deadlines ahead of the spot closure.