Crypto market

BTC – $34242 -3.35%.

Increase in price - TWT, WEMIX, CRO.

Decrease in price - SOL, CFX, RNDR.

BTC dominance - 53.61%.

Altseason index 16.

Investor Greed 65

 

LastPass hack victims lost $4.4 million in one day.

In one day, at least 25 people lost $4.4 million worth of cryptocurrencies from 80 wallets. The incident was the result of a data leak from the LastPass password manager in December 2022.

LastPass previously confirmed that attackers managed to gain access to encrypted password storage data. The developers assured that the information remains confidential thanks to the zero-knowledge architecture.

In September, cybersecurity journalist Brian Krebs wrote that experts had discovered the theft of more than $35 million worth of cryptocurrencies from approximately 150 confirmed victims. All of them were LastPass users.

According to researchers, as a result of the LastPass data leak, an employee of the famous analytical company Chainalysis lost “several millions” in digital assets. The company confirmed the incident but declined to comment on it.

 

Financial company Cantor Fitzgerald is confident that a Bitcoin ETF will be approved soon.

Analysts at a major brokerage, investment, and financial services company believe that a spot Bitcoin exchange-traded fund (ETF) may soon appear.

Until now, the US Securities and Exchange Commission (SEC) has been slow to approve a Bitcoin ETF due to concerns about possible manipulation on offshore spot platforms. However, the applicants have provided a plan for market oversight of digital currency funds that could ultimately lead to ETF approval.

 

Animoca Brands announced the acquisition of Azarus.

Hong Kong-based blockchain gaming operator Animoca Brands has announced the acquisition of Web3 streaming platform Azarus. VentureBeat reports.

Financial terms of the deal and other details were not disclosed.

Animoca Brands co-founder Yat Siu said the decision shows "belief in the transformative power of Web3 technology."

The deal will integrate Azarus solutions into the Animoca Brands portfolio. The latter will be able to use Web3 technologies to create a gaming economy in which creators, gamers, and streamers can control their digital property rights.

 

The US Federal Reserve left the key rate unchanged.

The US Federal Reserve System (FRS) decided to keep the key rate unchanged at 5.25-5.5%.

Reuters writes about this.

At the same time, the Fed "left the door open" for further increases in borrowing costs.

Also in its statement, the regulator acknowledged the unexpected strength of the American economy, but also drew attention to the tighter financial conditions facing businesses and households.

 

Wells Fargo: Fed to launch digital dollar within 3-5 years.

Over the next five years, the United States should have a national digital currency (CBDC). Wells Fargo Advisors strategists recently made this forecast.

According to the company, American authorities are already considering options for creating a token and are working on a mechanism for its integration into the state’s payment infrastructure.

The Federal Reserve has accelerated its CBDC project after US President Joe Biden signed an executive order authorising it to conduct research into blockchain technology.

 

Starknet Foundation will distribute 50 million STRK to early participants in the ecosystem.

The Starknet Foundation, the organization behind the development of the StarkNet L2 project, will distribute 50 million STRK among early community members.

In this first phase of distribution, the program will cover the following categories:

 -  active commentators in discussions regarding the technical aspects of the project;

 - individual participants in key ecosystem projects;

 - organizers of thematic events (meetings, conferences, seminars);

  - individuals who regularly publish content.

Applications are open until November 23, 2023. Final decisions will be made on December 29.
 

MetaMask developers have added security notifications to the wallet extension.

The MetaMask team, in partnership with Blockaid, has implemented security notifications in the Web3 wallet browser extension.

The function is designed to proactively prevent malicious transactions, protecting users from scams, phishing, and hacker attacks.

Company representatives expect that security notifications will help protect users' crypto assets from theft.

In the desktop version of the application, you can already activate the solution through “experimental settings,” but the official launch of the new function is scheduled for November.

 

PayPal UK has been granted a limited license to operate in the UK.

Payment service provider PayPal UK has received a license to conduct transactions with crypto assets in the UK. The information was published on the official website of the Financial Conduct Authority (FCA).

The license was issued after His Majesty's Treasury published final recommendations on the implementation of rules for working with the crypto segment.

The work permit came into force on October 31. However, the FCA has introduced a number of restrictions on the company's activities. In particular, PayPal UK was deprived of the right to register new clients.