Get your every day, bite-sized digest of cryptoasset and blockchain-related information – investigating the tales flying below the radar of at the moment’s crypto information.
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Adoption information

• Main American theater chain AMC Theaters now accepts cryptocurrency funds, particularly bitcoin (BTC), ethereum (ETH), litecoin (LTC), and bitcoin money (BCH), according to an announcement from their CEO, Adam Aron. The following cryptocurrency to be accepted will probably be dogecoin (DOGE), he added.
• Public sale home Sotheby’s will sell a pair of Banksy items subsequent week and take bids in ETH. The public sale home will put up “Love is within the Air” and “Trolley Hunters” at a reside public sale on November 18 in New York.

Regulation information

• The Indian authorities will maintain its first official assembly with the highest stakeholders within the nation subsequent week, according to an inventory by the decrease home of parliament, Lok Sabha. The assembly, known as “Listening to of the views of associations, trade consultants with regards to ‘CryptoFinance’: Alternatives and challenges,” will probably be hosted by the Parliamentary Standing Committee on Finance on November 15.
• Vyacheslav Volodin, the chairman of the Russian State Duma, has directed his deputy, Aleksei Gordeyev, to create an inter-committee working group on cryptocurrency. The group will probably be headed by Andrey Lugavoy, who’s a number one determine on the Committee on Safety and Corruption Management and has proposed the legalization of crypto mining in Russia.
• The US Congress Joint Financial Committee will hold a listening to, titled “Demystifying Crypto: Digital Property and the Position of Authorities” on November seventeenth, targeted on clarifying the position of presidency within the context of digital belongings. The listening to may also be a webcast reside.

Mining information

• Bitcoin mining difficultly, or the measure of how arduous it’s to compete for mining rewards, is predicted to extend round 3% this weekend, per BTC.com. This can take it to the 22.38 T stage, up from 21.66 T. That is nearer, however nonetheless comparatively removed from the all-time excessive of 25.05 T, seen in mid-Could. That mentioned, this would be the issue’s 9^th rise in a row – a collection not seen since mid-2018.
• Bitcoin self-mining firm Bitfarms has announced it has acquired a 24 Megawatt (MW) hydropower farm in Washington state, USA. To this point, 4,000 Bitmain S19j Professional miners, able to 400 petahash/second (PH/s), have already been put in, whereas the corporate plans to accommodate roughly 6,200 Bitmain S19j Professional miners, able to 620 PH/s, within the facility.
• Crypto mining firm 8 Hut announced it has hit USD 50.3m in income for Q3 2021, mining BTC 905 throughout this era. The corporate has additionally raised USD 173m from a  public providing of frequent shares in September 2021.

Investments information

• Crypto asset administration firm Grayscale Investments has crossed USD 60bn in its belongings below administration (AUM). Main the best way is their Grayscale Bitcoin Belief with a USD 43.5bn AUM.
• One River Digital Asset Administration announced they’ve launched an institutional-grade Ethereum staking technique inside their present commingled institutional Ethereum Fund. This enables institutional buyers entry to the yield, paid in ether, out there when committing ether to the community and contributing to community operation and safety.
• US-based digital asset platform Bakkt announced its monetary outcomes for the third quarter of this 12 months, saying that internet income elevated 38% to USD 9.1m, in comparison with USD 6.6m in Q3 2020, whereas internet loss was USD 28.8m, in comparison with a internet lack of USD 18m in Q3 2020. Working expense was USD 39m, a rise of 60% in comparison with Q3 2020, whereas adjusted earnings earlier than curiosity, taxes, depreciation and amortization (EBITDA) was a lack of USD 24.1m in comparison with a lack of USD 12.3m within the comparable year-ago interval.

Exchanges information

• Coinbase and Binance are among the many 70 remaining candidates for a license to supply cryptocurrency providers from the Financial Authority of Singapore (MAS), Bloomberg reported. The variety of companies working with an exemption whereas their utility is processed dropped to 70 from the 170 that utilized for a allow final 12 months.
• Binance has temporarily disabled DOGE withdrawals resulting from a “minor concern” that was uncovered after the model replace from November 10, 2021. There’s at present no indication when the difficulty will probably be mounted, however the workforce added that they’re “actively working with the DOGE venture workforce to resolve the difficulty.”
• Binance-owned Indian crypto trade WazirX mentioned that it facilitated buying and selling quantity price over USD 38bn up to now 12 months, with a month-on-month development price of 44%. The platform additionally noticed its consumer base develop ten-fold in 2021 to 10m, the Enterprise Normal reported.
• The South Korean crypto trade Coinone has develop into the third buying and selling platform within the nation to acquire an working allow from the regulatory Monetary Intelligence Unit (FIU), Newsis reported – becoming a member of rivals Upbit and Korbit, who had been granted permits a number of weeks in the past. Beneath not too long ago promulgated South Korean regulation, solely allow holders are allowed to supply coin gross sales within the nation, and to be able to supply fiat on/off ramps, exchanges should additionally agree on actual name-authenticated banking partnerships with home banks. The FIU’s resolution to agree on the allow signifies that solely one of many “massive 4” platforms” – Bithumb – remains to be ready to obtain a license.

Stablecoins information

• Decentralized platform ShapeShift confirmed they’re launching the platform’s token-backed stablecoin known as oneFOX. The brand new coin will probably be powered by their native token FOX and USD Coin (USDC).

Crime information

• Spanish police are investigating the theft of a bitcoin ATM in a raid on a department of the GBTC crypto trade in a rich Barcelona neighborhood, Reuters reported citing native media. Catalonia’s police power mentioned an ATM had been stolen at round 3 AM native time and declined to supply any extra info to keep away from hindering the investigation.