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In today's fast-paced world of cryptocurrency, headlines often scream about massive liquidations, while terms like ‘spot' and ‘futures' leave many scratching their heads. Let's break down these complex concepts and their importance in the world of digital assets, all in a language that everyone can understand.

https://thecurrencyanalytics.com/events/demystifying-crypto-trading-spot-and-futures-explained-for-beginners-73215.php

Former FTX Co-Founder Sam Bankman-Fried is charged with seven counts of fraud and money laundering, a case that has been going on for nearly a year. Bloomberg TV's Kailey Leinz breaks down the series of unfolding events.

https://www.youtube.com/watch?v=4vApJ-9qxMI

ImmuneFi research shows crypto hacking incidents jumped 153 percent in Q3 versus 2021, with losses topping $685 million.

https://cryptobriefing.com/crypto-attacks-surge-150-as-losses-hit-685-million-in-q3/

Coinbase TVL slumps despite Friend.tech's resurgence.

https://dailycoin.com/coinbases-base-tvl-slumps-despite-friend-tech-strides/

Speaking at the Futures Industry Association Expo 2023 on Oct. 2, U.S. Commodity Futures Trading Commission (CFTC) Chair Rostin Behnam reiterated his stance on the urgency of implementing a substantial regulatory framework in the burgeoning cryptocurrency market.

https://cryptoslate.com/cftc-chair-rostin-behnam-disagrees-with-gary-gensler-on-the-state-of-crypto-regulation/

A California resident is suing Binance and its CEO for tweets last November that, according to allegations, led to the collapse of the rival exchange.

https://cointelegraph.com/news/class-action-suit-filed-against-binance-alleged-harm-ftx-collapse

Former Galaxy Digital executive Tim Grant launched a cryptocurrency-focused investment company called Deus X Capital with an initial $1 billion in investment assets and capital. He will join the company in the role of CEO while Stuart Connolly, formerly from Red Acre Ventures, will serve as chief investment officer.

https://www.benzinga.com/markets/cryptocurrency/23/10/35038187/deus-x-capital-launches-with-crypto-focus-ex-galaxy-digital-ceo-to-lead?utm_source=snapi

In a significant move towards global expansion, Coinbase, a prominent player in the world of cryptocurrencies, announced on October 1 that it has successfully secured a Major Payment Institution (MPI) license in Singapore. This strategic license positions Coinbase to broaden its digital asset payment services to both retail and institutional customers in the vibrant Singaporean market.

https://thecurrencyanalytics.com/altcoins/coinbase-expands-reach-in-singapore-with-new-license-for-digital-asset-payments-73223.php

The International Monetary Fund (IMF) has underscored the imperative of understanding and effectively managing the systemic risks associated with crypto assets. Titled "Assessing Macrofinancial Risks from Crypto Assets," the report introduces a meticulous framework that delves deep into the intricacies of crypto's relationship with traditional financial avenues.

https://www.benzinga.com/markets/cryptocurrency/23/10/35037001/imf-report-highlights-interconnectedness-of-crypto-traditional-financial-systems?utm_source=snapi

A recent investigation by the Federal Reserve Board of Governors found that Silvergate Bank collapsed because of its overreliance on crypto clients and nepotism, amongst bank leadership and risky deposits.

https://blockworks.co/news/federal-reserve-board-report-silvergate-collapse

FTX's founder, Sam Bankman-Fried, secured strategic partnerships with sports icon Tom Brady and supermodel Gisele Bündchen. This influential figure has been ushered in as an ambassador for the cryptocurrency exchange FTX, engaging in active endorsement across diverse platforms and events.

https://coingape.com/?p=160593

Important regulatory news for crypto exchange Coinbase, which recently received a full licence in Singapore, opening up new opportunities for the expansion of its digital payment token services in the region.

https://en.cryptonomist.ch/2023/10/02/regulation-crypto-exchange-coinbase-arrives-singapore/

Coinbase has obtained Monetary Authority of Singapore (MAS) license to provide regulated digital payment token products and services.

https://cryptopotato.com/coinbase-granted-license-for-crypto-payment-services-in-singapore/

Before it even hits the shelves Tuesday, Michael Lewis's new book about Sam Bankman-Fried and FTX, Going Infinite: The Rise and Fall of a New Tycoon, has spurred vigorous discussion over what could have driven Bankman-Fried to act as he did.

https://beincrypto.com/michael-lewis-sam-bankman-fried-ftx/

Gary Gensler, SEC Chair, is under intense scrutiny following his recent appearance before the U.S. House of Financial Services Committee. The public and several industry experts have expressed their dissatisfaction, citing Gensler's evasion of pivotal questions.

https://www.cryptopolitan.com/john-deaton-calls-for-sec-chair-resignation/