Cryptocurrency Prices And News: October Already Sets Record For Crypto Hacks

Cryptocurrency News: Cryptocurrency prices are falling again following Thursday’s CPI report. While the markets glow bright red, here are the top crypto headlines for the day.

October already set a record for crypto hacking activity in a single month, according to blockchain analytics firm Chainalysis. So far, 11 different hacks have stolen $718 million from DeFi protocols.

Portugal announced it will tax short-term crypto gains on assets held less than a year at a 28% rate, Bloomberg reported.

Grayscale Investments filed a lawsuit against the Securities and Exchange Commission for denying the conversion of its Grayscale Bitcoin Trust (GBTC) to a spot Bitcoin ETF. Grayscale says the decision was arbitrary, capricious and discriminatory.

DeSo, a blockchain that raised $200 million from Coinbase (COIN), Sequoia and Andreessen Horowitz, launched a cross-blockchain fundraising platform. The DAODAO platform will allow entrepreneurs to raise capital from fiat and cryptocurrencies.


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