Here’s what happened in crypto today
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, Web3 and crypto regulation.
Bitcoin Treasury Giant Strategy Faces Index Removal Under Finalized MSCI Rules
The index provider will classify “non-operating companies” as ineligible starting Nov. 30, targeting firms whose balance sheets are dominated by a single asset.
MSCI adopts index exclusion rules that could oust Strategy
Strategy, Metaplanet and Upexi were previously identified for deletion under the methodology, with MSCI set to announce its final list on Nov. 11.
MSCI finalizes index rules that put Strategy, crypto treasury firms at risk of exclusion
MSCI's new non-operating company rules could exclude Strategy, Metaplanet and SharpLink. The final list of affected firms is due Nov. 11.
DeFi Development boosts CHAD dividend to 14% amid push to grow Solana holdings
DeFi Development is raising the dividend rate on its CHAD preferred stock to 14% from 13% as it taps CHAD sales to grow its Solana treasury.
Bitcoin dips to $80.1K as KOSPI closes at its lowest since April
Bitcoin price action continued to see contagion from a Korean tech sell-off after the KOSPI Index fell 7.5% on Thursday.
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Babylon advances native Bitcoin lending proposal on Aave V4
Babylon’s proposal to bring native Bitcoin collateral to Aave V4 has entered a new governance stage, but further votes and security reviews remain before launch.
South Korea plans cybersecurity overhaul after attacks hit banks, crypto firms
South Korea is proposing tougher cybersecurity assessments after a review identified security deficiencies at 130 financial firms.