The US Securities and Exchange Commission (SEC) is facing challenges in hiring crypto experts due to their unwillingness to divest their crypto assets. This is according to a report from the agency's inspector general, which cited a small candidate pool, competition from the private sector, and conflicts with rules prohibiting the holding of cryptocurrencies. In other news, the Binance Smart Chain (BSC) ranked fourth in Q3 fiat losses, with a decrease of 37% compared to the previous quarter. Security threats on the BSC mainly involved rugpulls, price manipulation, lack of validation, and compromised private keys. Additionally, Digital Asset Management Limited (DAMEX) implemented FM Liquidity Match for trading digital assets using fiat or stablecoins. Binance remains the top centralized exchange but has experienced a decline in trading volume. OKX has been steadily growing as the second-largest exchange, followed by Bybit, Bitget, and MEXC. OKX Ventures also announced an investment in 0xScope. Bitget released its Protection Fund Valuation Report, showing consistent high value due to the volatility of bitcoin prices.
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