Cointelegraph's Clarification on Posting "Unverified" Bitcoin ETF Approval News｜Cryptocurrency Trends

1.Mainstream Exchange Trends:

• From Monday 16 October 2023 at 5:00 PM (UTC+1), Binance will stop accepting new UK users.
• Binance recently announced the completion of its 25th quarterly BNB burn, destroying about US$453 million worth of its native token.
• The Monetary Authority of Singapore (MAS) has granted an in-principle approval (IPA) for a Major Payment Institution (MPI) license to Upbit Singapore.
• Mainstream Exchange Listings (CEX: Token — Time of Listing in UTC+8)

2.Cryptocurrency Trends:

• The price of Bitcoin immediately surged as much as 10% to a high of $30,000, but those gains quickly vanished after a spokesperson for BlackRock told Bloomberg that its spot Bitcoin ETF application was still under review by the SEC.
• The FTX debtors endorsed the settlement agreement regarding the customer asset dispute that would create a special deficiency claim.
• Uniswap will begin charging a 0.15% swap fee on certain tokens in its web application and wallet on October 17, including ETH, USDC, WETH, USDT, DAI, WBTC, and more, to support Uniswap's operations.
• A breach involving a third-party vendor has exposed sensitive client data of TrueUSD. TrueUSD was alerted to the security incident by TrueCoin.
• Meitu's Senior Investor Relations Manager stated that the company is no longer focusing on or purchasing cryptocurrency assets and "may sell them at the appropriate time".

3.Financing Trends:

• Squads Labs, the main developer of Solana-based multisig protocol Squads, has raised US$5.7 million in a strategic funding round led by Placeholder VC.
• Bloomberg: Hong Kong's BC Technology Group (Hong Kong: 0863) is considering a sale of its crypto exchange OSL at a HK$1 billion (approx. US$128 million) valuation.

4.Regulatory Trends:

• U.S. SEC: Beware of information on the Internet; the best source of information about the SEC is its official website.
• Australia expects to release a draft legislation that covers licensing and custody rules for crypto asset providers by 2024.