The YouTube star has lost money on the NFT but not as much as some observers were saying. Valuations remain subjective even as the market has plummeted. Author: James Rubin, Sam Reynolds
First Mover Asia: Influencer Logan Paul’s ‘Bumblebee’ NFT Is Worth More Than $10; Bitcoin Dips Late but Remains Over $19K
EU Commission Launches Proposal for Study of Automated DeFi Supervision
The study is the latest in a series of moves in a regulatory push across the bloc. Author: Elizabeth Napolitano
Paul Tudor Jones Tamps Down Bitcoin Bullishness
Author: Omkar Godbole
Stablecoins’ Role in Cutting International Payment Costs Probed by Payments Watchdog
The Committee on Payments and Market Infrastructures wants to know if stablecoins can fulfil their promise of cheaper, quicker transactions, according to a new Financial Stability Board report. Author: Jack Schickler
First Mover Asia: Tough Week for Layer 1 as Solana, BNB Chain Suffer Outages; Bitcoin Trades Flat as October Doldrums Continue
The problems that both protocols suffered are reminders that neither is really decentralized, and that they are not yet true challengers to Ethereum; ether and other altcoins trade sideways. Author: James Rubin
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