☕️ Fed Holds Rates at 3.75%-4%, Singapore Police Flag Tampered Ledgers The Federal Reserve paused interest rate hikes in a split decision, while Singapore authorities warned of hardware wallet exploits.
1. Fed Freezes Rates in 10-2 Vote as Bitcoin Holds Near $81,000 — The Federal Open Market Committee kept the federal funds rate at 3.75% to 4%, with two policymakers dissenting in favor of a hike [4]. CME FedWatch data shows an 82.6% probability for a rate increase at the Dec. 8-9 meeting [4]. 2. Singapore Police Report $3.5 Million Stolen via Tampered Ledger Wallets — The Singapore Police Force identified at least two instances where modified Ledger hardware devices captured private keys [2]. The malicious components were found inside wallets purchased at local retail stores [2]. 3. Moody's Assigns A2 Deposit Rating to Ripple's RLUSD Stablecoin — Moody's granted an A2 long-term deposit rating to Ripple's RLUSD, citing the stablecoin's 103% reserve backing in cash and short-term Treasuries [6]. 4. Westpac to Cap Monthly Crypto Exchange Payments at A$10,000 — Starting in December, Westpac will enforce a strict A$10,000 monthly limit on customer payments to digital asset exchanges [1]. The bank will not offer account exemptions, though inward withdrawals remain unaffected [1]. 5. CoinShares Lists Physically Backed Zcash ETP on Euronext Paris — CoinShares debuted a $ZEC exchange-traded product on Oct. 28, offering regulated European exposure with a 1.50% annual fee [9]. The ETP trades in euros and is backed entirely by physical assets [9]. 6. Birch Hill Secures $4 Million Seed Round for Onchain Private Credit — Multicoin Capital led a $4 million investment into Birch Hill, bringing the firm's total funding to $6.5 million [7]. The company filed a FINRA broker-dealer application to distribute private credit to accredited investors [7].
📊 $BTC trades at $80,183, down 1.5%, while total market capitalization sits at $2.64 trillion.
