Cryptocurrencies
- MetaMask announced that its users can convert their crypto money into fiat money and withdraw this money to their bank accounts.
- Crypto scammers targeting MetaMask users have allegedly used government website URLs to defraud victims and access cryptocurrencies in crypto wallets.
- Wanting to fill the gap in crypto loan services after BlockFi and Genesis Global, Coinbase decided to provide crypto-based loan services for institutional investors in the USA.
- Crypto gambling site Stake is returning to its normal operation after the hack attack it experienced last night. It is stated that Stake has reactivated its withdrawal and deposit transactions.
- USDC issuer Circle has expanded the availability of the token by launching its stablecoin USDC on Layer 2 networks Base and Op Mainnet.
- Visa, one of the global payment giants, has announced a pilot program in which its commercial customers will use Solana to access USDC payments.
- Coinbase’s Ethereum Layer 2 network Base suffered its first major outage since its launch on August 9; No new block was generated on the main chain for 43 minutes.
- Sina Weibo, one of the most popular social media applications in China with more than 250 million daily users, announced that the accounts of 80 influencers who support cryptocurrencies were closed, citing official legislation.
- Grayscale lawyers pursue SEC on Bitcoin ETF; The lawyers, who sent a letter to the SEC to approve the applications, continue to make statements on social media.
- Genesis Global, a subsidiary of DCG, announced that it is ending its crypto operations, citing business reasons.
- KEB Hana Bank, one of the giant banks of South Korea, announced that it will establish a new partnership with crypto custody company Bitgo on crypto money selling services.
- Electronics giant Casio embarks on an NFT adventure in partnership with Polygon Labs. Casio is preparing to take the G-Shock watch brand into the metaverse by launching Virtual G-Shock, a blockchain-based community program it runs with Polygon Labs.
FED
- Analysts stated that the Fed’s “Beige Book” report, which will be announced at 21:00 today, will be followed, and noted that possible signals regarding future monetary policies are expected to have an impact on asset prices.
Global Markets
- Global markets are negative.
- Stock markets followed a negative course with the pressure of rising treasury bond yields and rising oil prices in the USA.
- Yesterday, the Dow Jones index decreased by 0.56 percent, the S&P 500 index decreased by 0.42 percent and the Nasdaq index decreased by 0.08 percent in the New York stock market. Index futures contracts in the USA also started the new day with a negative trend.
- While a negative course is followed in the European stock markets, the speech of the Bank of England (BoE) Chairman Andrew Bailey in the UK parliament will be followed today.
While the DAX 40 index depreciated by 0.34 percent in Germany, the CAC 40 index by 0.34 percent in France and the FTSE 100 index in the UK by 0.20 percent, the FTSE MIB 30 index in Italy followed a flat course. Index futures contracts in Europe started the new day with a negative trend. - A negative trend was observed in Asian markets, excluding Japan.
- As Saudi Arabia and Russia extended the restrictions on oil supply until the end of the year, a sales-oriented course emerged in the Asian stock markets.
- While the Nikkei 225 index increased by 0.3 percent in Japan near the closing, the Shanghai composite index in China decreased by 0.4 percent, the Hang Seng index in Hong Kong by 0.6 percent and the Kospi index in South Korea by 0.7 percent.
- Brent oil is traded at $89.89 a barrel in international markets.
Technology and Stocks
- An AI summit will be held in the UK on 1-2 November. According to the announcement, “the risks posed by the most powerful artificial intelligence systems” will be discussed first.
