| | |  Rebecca |  | | |
Market Watch Bitcoin has risen in price during Tuesday trading; however, it remains in the $9,000-$9,500 range and has, over recent weeks, demonstrated its lack of volatility. | Bitcoin | $9,303 | +1.53% | | Ethereum | $241 | +1.52% | | Tether | $1.00 | +0.17% | | XRP | $0.198 | +0.29% | | Top 100 Winner: Waves | $1.67 | +14.58% | | Top 100 Loser: Ampleforth | $2.37 | -17.04% | Prices are as of 2:00 p.m. ET.
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 The U.K. government wants to regulate Bitcoin ads to remove promotions that are "misleading." Under the proposal, the U.K.'s financial regulator, the Financial Conduct Authority (FCA), will oversee the promotion of crypto assets for the first time. The proposal is open to public consultation until October 26. Stani Kulechov, CEO and founder of Aave, a London-based crypto loans company, said this was "the right way to go" to getting rid of scammers. However, Konstantin Anissimov, executive director of crypto exchange CEX.IO, said that it was "devastating," because it would undermine efforts to promote cryptocurrencies. DECRYPT 
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Crypto payments platform Wirex has teamed up with Mastercard, securing a principal membership with the company. The partnership will allow Wirex to offer customers the chance to buy, hold, exchange, and spend several fiat currencies and crypto assets using a single platform. Prior to this, Wirex was already offering a Visa-based card that allows its customers to convert crypto into fiat to purchase products in millions of merchants within 130 countries. More: WIREX
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Our Crypto Masterclass features a well-known thought leader or expert in the crypto space. Today, I focus on Paolo Ardoino, CTO of Bitfinex and Tether, who said that central bank digital currencies (CBDCs) won't affect Tether. To get more of Ardoino's views and receive our Masterclass every day, sign up for Inside Crypto Premium. GET YOUR 14-DAY FREE TRIAL  | | | |
Decentralized finance (DeFi) project Orion Protocol has raised $3.45m in a "dynamic coin offering" (DYCO). This fundraising method enables investors to claim a refund if a project fails to meet or deliver milestones. The Orion Protocol guarantees up to 80% refunds to customers who hold its native ORN token. The refund process begins in month nine and will continue through to month 16; however, if investors believe that the project has performed well in the first nine months they won't claim a refund, said Hassan Sheikh, CMO and COO at DAO Maker, the blockchain consulting agency who conducted the DYCO. THE BLOCK
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The Philippines is using a blockchain-enabled mobile app to sell government bonds to retail investors. The the Bonds.PH app has been developed by the Philippine Bureau of the Treasury, UnionBank, and the Philippine Digital Asset Exchange. According to National Treasurer Rosalia V. De Leon, the app delivers easy options for investors who want to buy government bonds, in particular to those who don't have a bank account. INQUIRER
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Quick Hits - Early Bitcoin adopter Adam Back has denied meeting Satoshi Nakamoto, the pseudonymous person or persons behind the creation of Bitcoin, in London over a beer.
- Danny Ryan, an Ethereum core developer, is offering $5,000 to white hat hackers who can break two Eth2.0 testnets.
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 |  | This newsletter was written and curated by Rebecca Campbell. She has been writing and reporting on various industries for the past 10 years, more specifically tech in the last three. | | | | Editor | Edited by Eduardo Garcia in New York. Eduardo is a graduate of the Columbia Journalism School M.A. Science program and writes regularly for the New York Times Climate Fwd: newsletter. In one of his previous lives, Eduardo worked as a Reuters correspondent in Latin America for nearly a decade. | |
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