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BlackRock’s Entry Into Crypto Matters More Than U.S. Election, QCP Capital’s Darius Sit Says
BlackRock CEO Larry Fink appearing on CNBC means more to QCP’s founder and chief investment officer rather than presidential candidates promoting crypto
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Coinbase Pours $25M More Into Fairshake as CEO Armstrong Says ‘We’re Not Slowing Down’
“The crypto voter is already a force to be reckoned with, but it will continue to grow,” CEO Brian Armstrong said.
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MyTrade Head First to Plead Guilty Among Group of Firms Accused of Gaming Markets
MyTrade was among more than a dozen targets of U.S. authorities in cases earlier this month focusing on crypto market manipulation, including alleged wash trading.
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U.S. Treasury Advisory Panel Says Tokenization Could Be Big, But May Need Central Control
The outside group of Wall Street leaders that guides the Treasury’s debt management, the Treasury Borrowing Advisory Committee, shared views on tokenized debt and warned about Tether.
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FTX’s Nishad Singh Gets No Prison Time for Role in Crypto Exchange Collapse
Singh, who was sentenced to time served, is the fourth FTX executive to be sentenced for his role in the fraud.
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Coinbase Shares Slump After Big Q3 Earnings Miss on ‘Softer’ Market Condition
The exchange said it seen some growth across staking, on-platform USDC, and custody business, despite weaker market.
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Michael Saylor’s MicroStrategy Plans to Raise $42B to Buy More Bitcoin Over Next 3 Years
The company reported its third quarter earnings results after the close of trading on Wednesday afternoon.
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The Protocol: Crypto Fundraising, Job Losses, Juicy Payouts, Grants for Devs
In this week’s issue of The Protocol, our newsletter on blockchain tech, we’re covering the Optimism’s $42.5M token pledge to Kraken, crypto VC funding, grants for Bitcoin open-source developers, and Polymarket’s (negligible) impact on Polygon’s bottom line.
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Protocol Village: Termina, SVM-as-a-Service Platform by Nitro Labs, Raises $4M in Seed Round
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Oct. 31-Nov. 6.
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Institutional Investors Position for Bitcoin Volatility Into the U.S. Election
Some $350 million notional value of November call options traded on CME with a breakeven bitcoin price of nearly $80,000, anticipating a rally next month, one analyst noted.