The CNBC Crypto World program offers up-to-date news and daily trading updates from the digital currency markets. It also includes high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. In the latest episode, Steven Lubka, head of private clients at Swan Bitcoin, shares his insights on how the U.S presidential election could impact crypto prices.

The cryptocurrency exchange Mudrex has obtained a court order requiring the Indian Ministry of Communications to shut down up to 38 websites using the company's name for fraud. The Delhi High Court made the ruling within a day of the petition being submitted on August 23, giving the ministry a week to comply. Mudrex filed a lawsuit with the court after about 15 people contacted customer support or visited the Bangalore office to report being scammed. Mudrex CEO and co-founder Edul Patel said in an interview, "We estimate that the actual number of retail investors who have been scammed may be around 1,000 people, with estimated losses of over $50,000."

Nigeria has temporarily approved the operation of two cryptocurrency exchanges.

Trader T monitored that the net inflow of the US spot Bitcoin ETF was $190.68 million yesterday.

Decentralized physical infrastructure network io.net has announced a partnership with FLock.io to launch Proof of Artificial Intelligence (PoAI), which is a consensus mechanism aimed at ensuring the integrity and scalability of decentralized artificial intelligence networks.

Russia has warned France not to take political action in the Telegram CEO case, and that charging Telegram CEO Pavel Durov with criminal charges may be viewed as "political persecution". Durov is a French citizen born in Russia and was detained in Paris for allegedly failing to control illegal content on the platform. He was released on bail but must remain in France and regularly report to the police. Kremlin spokesman Dmitry Peskov emphasized that Russian officials support Durov, who has Russian citizenship and is willing to provide assistance.

On October 29th, according to The Block, a cryptocurrency lobbying group based in Washington submitted a "friend of the court" brief to support Beba's lawsuit against the U.S. Securities and Exchange Commission (SEC) in March of this year, with the aim of seeking a clearer interpretation of the legal status of token airdrops. Beba and DeFi Education Fund sued the SEC in March of this year, arguing that token airdrops do not violate the Howey Test, and shortly after the lawsuit was filed, the SEC filed a motion to dismiss the lawsuit. The Blockchain Association and the Cryptocurrency Committee requested that the court reject the motion and support the plaintiff's relief request.

According to Spot On Chain, a whale has withdrawn 3,933 BTC, worth about $234 million at an average price of $59,591, from Binance since August 29. The most recent withdrawal was only 4 hours ago. It is reported that the same whale sold 7,790 BTC, worth about $467 million at an average price of $59,953, on Binance between June 27 and July 8.

Paris prosecutors have announced that after four days of questioning by French police, Pavel Durov, CEO of the social media platform "Telegram," has been formally placed under investigation. Durov was released under judicial supervision with the condition of paying a bail of 5 million euros and being prohibited from leaving France.

According to Lookonchain monitoring, a insider trader sold 5 billion SAR (50% of the total supply) at a price of 19,620 SOL (3.38 million US dollars), causing SAR prices to plummet by 96%! The insider trader used 5710 SOL (948,000 US dollars) in 16 wallets to buy 6.656 billion SHAR (66.56% of the total supply), and distributed it to over 100 wallets. Four hours ago, he collected 5 billion SHAR from 104 wallets and sold them all at once, earning 13,910 SOL (2.4 million US dollars).

Layer-1 blockchain network Aptos announced that it is integrating Nillion to support the development of privacy protection applications. Aptos will be able to support various privacy protection applications, including confidential decentralized finance (DeFi), private AI assistants, secure social media, privacy games, and collectibles. DeFi users can benefit from private transaction execution or hidden liquidation insurance pools, while supply chains can increase transparency without revealing sensitive data.

Trump released a video related to the DeFi project World Liberty on X. In the video, Trump said, "Today, I have formulated a plan to make America the crypto capital of the planet. Those who want to strangle you and make you bankrupt, we will never let this happen."

According to data monitored by Arkham about eight hours ago, 3435 BTC flowed out of the ARK Invest Bitcoin Exchange Traded Fund ARKB 21Shares Bitcoin ETF, with a value of 226.17 million US dollars.

ChainwireReformDAO has listed its $RFRM token on Gate.io, Mexc.com, and Bitget.com after the successful launch of its market-making platform. The token provides governance capabilities and allows holders to participate in the DAO's decision-making process. The platform's multi-layered treasury system ensures efficient liquidity management and equitable profit distribution, while transparency is demonstrated through its live trading dashboard. ReformDAO plans to expand by onboarding more projects and enhancing its algorithmic trading capabilities, as well as exploring partnerships with other blockchain networks. Visit the official website or join the community on Discord and Twitter for more information.

The decentralized liquidity platform Orderly Network disclosed that its Discord was hacked on X platform. Please do not click on any links and pay attention to fund security.