Crypto weekly: US SEC drops claims against two Ripple Labs executives; Tether Freezes 32 Addresses Linked to Terrorism and Warfare in Israel and Ukraine.

Welcome to our cryptocurrency events review. The last few days were full of interesting news from the world of digital assets. Next week also promises to be full of events that may affect the overall market picture.

Review of the past week:

October 16, 2023

Trust Wallet Announces Major Upgrade, Introduces New Brand Identity.
Leading on-chain crypto wallet Trust Wallet entirely rewrites brand identity, official logo and user interface. Read more

October 16, 2023

Tether Freezes 32 Addresses Linked to Terrorism and Warfare in Israel and Ukraine.
The world’s largest cryptocurrency company continues to take swift action against the illegal use of its stablecoin to fund terrorism and crime-related activities. Read more

October 17, 2023

Bitcoin Miner Using Paraguay Itaipu Dam to Power Its New Facility.
Sazmining President Kent Halliburton thinks the surplus of hydroelectic power and low costs could make Paraguary “the new Texas” for Bitcoin miners. Read more

October 19, 2023 US Treasury plans to designate international crypto mixers as money-laundering hubs.
The Treasury Department will designate international mixers as money-laundering hubs, citing Hamas’ use of them. Read more
October 20, 2023

US SEC drops claims against two Ripple Labs executives.
The U.S. Securities and Exchange Commission dropped claims against two Ripple Labs executives in its lawsuit alleging the blockchain company violated U.S. securities law, according to a court filing in New York on Thursday. Read more


What’s coming up for us this week:

October 25, 2023 U.S. Fed Chair Powell Speaks.
Federal Reserve Chair Jerome Powell (Feb. 2018 – Feb. 2026) is to speak on October 25, 2023, at 08:35 P.M. UTC. Read more
October 26, 2023 U.S. Gross Domestic Product (GDP).
Gross Domestic Product (GDP) will be published on October 26, 2023, at 12:30 P.M. UTC. Read more


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Best regards,
FYBIT team