Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Exchange news
- BitMEX presented its first Initial Exchange Offering (IEO) today, launching its BMEX token, which kicks off a new era in BitMEX where it will refocus on crypto derivatives products, said a press release. The BMEX Token is available for trading starting November 11.
- The Federal Financial Supervisory Authority (BaFin) ordered crypto exchange Coinbase‘s German unit to address a number of issues, such as risk management, staffing, and IT systems. The regulator said the exchange must ensure it has effective risk management and internal controls in place after uncovering “organizational deficiencies” during an audit of the company’s financial statements.
- OKX today launched the OKX Football Festival in anticipation of national football teams meeting this month in Qatar. The festival consists of the NFT Football Cup, the 2022 OKX Football Cup Trading Competition, and the Earn Super Hatrick fan token staking series. This event offers users the chance to win $3 million in prizes, and includes an effectively free-to-play non-fungible token (NFT) minting event, said a press release.
Career news
- Venture capital firm Paradigm has launched a Crypto Policy Council that includes former US Speaker of the House of Representatives Paul Ryan and former US Congressman Steve Israel. Other members include Marta Belcher, Deb Callahan, Makan Delrahim, Nicole Elam, and Parker Poling. “This team will advise Paradigm’s leadership team and help us tell the story of Web3 in Washington and around the world,” said the announcement. Ryan is listed as a senior advisor along with Chris Brummer, Director of Georgetown University’s Institute of International Economic Law.
- Payments platform Wirex in partnership with The…
