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Per CoinTelegraph, Australians are increasingly turning to cryptocurrency to bolster their retirement savings, with allocations from self-managed pension funds surging by 400% in four years, outpacing growth rates in stocks and bonds.
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The bankrupt crypto exchange FTX has received approval to sell approximately $873 million worth of trust assets, aiming to reimburse creditors affected by the exchange's 2022 collapse. 
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In the race for spot Bitcoin exchange-traded funds (ETFs), a fresh contender has emerged. Pando Asset AG enters as the thirteenth applicant, joining as the US Securities & Exchange Commission (SEC) maintains discussions with potential issuers.
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Binance has announced the discontinuation of its support for the BUSD stablecoin effective December 15. 
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Presently, Wyoming's Mummolin, Inc., marks the triumph of a $6.2 million seed funding phase, guided by Jack Dorsey. The initiative involves key investors like Accomplice, Barefoot Bitcoin Fund, MoonKite, NewLayer Capital, and the Bitcoin Opportunity Fund. 
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In his inaugural blog post since succeeding Changpeng Zhao, newly appointed Binance CEO Richard Teng shared his vision, emphasising a strong commitment to regulatory cooperation within the crypto exchange.
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Binance founder Changpeng "CZ" Zhao is mandated to stay in the United States temporarily while a federal judge reviews a U.S. Department of Justice request that would compel his presence in the country until his sentencing in the early part of next year. 
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The ATO has encountered difficulties in explaining ambiguous elements of its recent guidance, implying that capital gains tax (CGT) applies to various routine decentralised finance transactions.
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Bitcoin Ordinals, introduced by Casey Rodarmor, are a novel form of non-fungible tokens (NFTs) embedded directly in the Bitcoin blockchain. Functioning as unique digital assets, ordinals allow users to attach art, text, or video to individual satoshis, the smallest units of Bitcoin, ensuring immutability without third-party verification.
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The United States Department of Justice revealed that Binance's CEO, Changpeng "CZ" Zhao, has agreed to plead guilty to a felony charge as part of a resolution involving both criminal and civil cases related to the exchange.
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