☕️ Here's Your Crypto Rundown from the Last 24 Hours:
🔶 Microsoft: Shareholders to vote on 1% Bitcoin investment proposal in December. Board opposes due to volatility, while NCPPR argues it hedges inflation.
🔶 Tether: CEO dismisses reports of a US investigation, stating there's "no indication" of alleged sanctions or anti-money laundering probes.
🔶 Ripple: Files Form C to challenge the SEC's ruling on XRP institutional sales, disputing the Howey test application.
🔶 Arkham: Now supports Solana, letting users trace fund movements, set alerts, and track top traders.
🔶 Bitfinex Hack: The hacker who drained $20M from a US government wallet linked to the 2016 hack has returned $19.3M within 24 hours.
🔶 Dutch Tax Authority: Seeks public feedback on a bill mandating crypto firms report user transaction data for EU compliance to prevent tax evasion.
🔶 MicroStrategy: Stock hits a 25-year high; analysts say it's "highly unlikely" the firm will sell its Bitcoin despite its debt structure.
🔶 JPMorgan: Analysts suggest tokenized Treasuries may partially replace stablecoins due to yield advantages but face liquidity and regulatory hurdles.
🔶 South Korea: Plans increased oversight on cross-border crypto transactions to counter tax evasion and forex crimes, beginning Q2 2025.
🔶 SEC Hack: Eric Council Jr., accused of hacking the SEC's X account to post a fake Bitcoin ETF approval, has pleaded not guilty.
