Wednesday, October 30, 2024

Coinbase is ‘prepared to work’ with either Harris or Trump presidency
CEO Brian Armstrong also announced an additional $25 million contribution to the Fairshake PAC for the 2026 midterms “to elect pro-crypto candidates.” ...

Kazakhstan CBDC pilot drastically reduces VAT refund wait
The National Bank's latest project again shows the advantages of programmable central bank digital currency....

Coinbase dips after-hours on ‘softer market’ Q3 earnings miss
COIN shares fell 5.2% in after-hours trading after earnings and revenue for the third quarter both missed analyst expectations....

5% of US voters identify as single-issue crypto voters — Paradigm poll
According to Paradigm, 20% of individuals surveyed indicated that they currently hold or have previously purchased crypto....

Reddit offloads most of its Bitcoin, Ether holdings
The bulk of Reddit’s cryptocurrency sales came from Bitcoin and Ether holdings, with the company reporting that gains from transactions were insignificant. ...

Ex-FTX exec sentenced to time served after guilty plea
Nishad Singh will receive no prison time after pleading guilty to six felony charges in February 2023, cooperating with prosecutors and FTX’s debtors after the exchange’s collapse....

Stablecoins boosting demand for US T-bills: Treasury Dept
The United States Treasury Department is taking an interest in stablecoins and tokenization....

Kraken restructures with new co-CEO, layoffs reported
Kraken hinted that its managerial structure would be reformed, without explaining the details....

Bitcoin traders take a breather as BTC price metrics hint new highs are incoming
Bitcoin fell short of its all-time high, but multiple Bitcoin price metrics show BTC price on target to hit new all-time highs ...

Centralized stablecoins may pose risk to DeFi — Curve Finance founder
As centralized US dollar-pegged stablecoins continue to gain popularity, the potential for regulatory capture has grown....

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Wednesday, October 30, 2024

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