Daily Digest – October 25th

• Cryptocurrencies trade flat, while stocks hold onto gain amid China volatility

• MakerDAO approves proposal to place $1.6 million USDC in Coinbase’s custody

• Reddit NFT trading volume hits new all-time high, wallets surpass OpenSea

• United Kingdom’s new prime minister, Rishi Sunak, launches CBDC support

• Apple refuses to grant NFTs an exemption from the App Store’s 30% fee

Polygon’s QuickSwap Suspends Lending Protocol After $220,000 Flash Loan Attack

QuickSwap, a Polygon-based decentralized finance platform, suspended its lending services on Monday, October 25th, after...

U.S. Official Allegedly Bribed with Bitcoin by Chinese Intelligence

Two Chinese intelligence officers have been accused of bribing a U.S. government official with $61,000 Bitcoin in an attempt to obtain Huawei...

Sam Bankman-Fried Provides Update for Cardano (ADA) Listing on FTX

Crypto billionaire and Founder of FTX, Sam Bankman-Fried has hinted that Cardano (ADA) could finally be getting...

MakerDAO (MKR) to Move $1.6B to Coinbase Custody Program

Crypto exchange Coinbase announced on Monday that MakerDAO, the governing body behind the decentralized finance platform Maker, approved the...

Shiba Inu (SHIB) Unveils Concept for Next SHIB Hub: The Metaverse

The Shiba Inu (SHIB) development team presented the Growth Dunes, which is set to become the next hub for...

CFTC Boss Rostin Behnam Reaffirms Ethereum’s (ETH) Classification as a Commodity

Addressing the ongoing debate on token classification, Commodity Futures Trading Commission Chairperson Rostin Behnam has reiterated...

That's you all up to date. But if you're hungry for more crypto news and insights, there's always more on our website.And feel free to reach out to us at [email protected] with any questions or comments.Until next time,DailyCoin Team