RegulationCrypto industry spent $176M on US midterms, a priority for only 13% of voters
Fairshake and the industry spent $176M on US midterms while crypto matters to only 13% of voters. Survey numbers, Coinbase staking and the Senate.
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Regulation
MarketsWall Street says buy crypto stocks after the Binance hack
Cantor, TD Cowen and Compass Point call the post-hack selloff a buying chance. Coinbase lost 13% in a day, Bitcoin only about 4%.
MarketsBitcoin Heads for Its Worst October Since 2014
Bitcoin lost 7.7% in October, its worst result since 2014. We break down how Nasdaq, gold and the Binance hack weighed on the price.
MarketsCoinbase posts $719 million profit, almost all from crypto revaluation
Coinbase Q3 net income hit $719 million, but $715 million came from crypto gains. Prediction markets crossed $200 million in annualized revenue.
SecurityTexas brothers get 15 years for $8 million crypto home invasion
A Minnesota federal court sentenced two Texas brothers for holding a family at gunpoint and forcing a transfer of more than $8 million in crypto.
StablecoinsTether Earns $1.5B in Q3
BDO attestation: Tether's Q3 operating profit hit $1.5B, excess reserves rose to $7.95B, with $132.4B in US Treasury bills.
MarketsICE to bring Hyperliquid futures to the US, HYPE up to 20%
ICE and Trade[XYZ] plan regulated Hyperliquid perpetuals for US retail traders. HYPE rose 13-20% in a day.
SecurityBinance loses $6.3 billion in record hack
Binance was hacked for $6.3 billion. Bitcoin lost about 3%, crypto stocks fell harder, and regulators are talking about oversight.
InstitutionalStrategy and Bitmine Choose Share Buybacks Over Crypto Purchases
Strategy skipped a week of bitcoin buying and spent $204.9M on STRC buybacks. Bitmine added ETH but sent more cash back to its own shareholders.