DWF Labs Fires a Partner After Drink-Spiking Allegations
An X account posted that on Oct. 24 a partner at DWF drugged her at a bar — and was caught on camera doing it
Financial
Financial
Coinbase Revenue May be Hurt by Lower Trading Volumes, Regulatory Uncertainty, Analysts Say
The crypto exchange may also see lower staking revenue when it reports its Q3 earnings as ether underperformed in the quarter.
Financial
Crypto Ghosted in U.S. Treasury Department’s New Strategy on Financial Inclusion
The report touts strategies to connect people with financial tools, but the only mention of crypto refers to its risks – a contrast to Kamala Harris’ positive tone on the campaign trail.
Financial
Solana-Based RWA Platform AgriDex Taps Stripe’s Bridge to Lower Cost for Agricultural Trade Settlements
AgriDex is an example of how stablecoins are being increasingly used as a payment vehicle in emerging regions as a cheaper alternative for traditional banking rails.
Financial
Crypto Stocks MicroStrategy, Coinbase and Marathon Post Just Modest Gains as Bitcoin Eyes Record High
A notable outperformer was bitcoin miner Bitfarms, which nominated a new board member amid its proxy battle with Riot Platforms.
Financial
Optimism Foundation Agreed to Give Kraken $42.5M of OP Tokens in Layer-2 Deal
Crypto exchange Kraken announced last week that it will build a layer-2 network atop Optimism’s OP Stack blockchain framework. CoinDesk is first to report that the deal was reached early this year, involving a grant of 25 million OP tokens, at the time worth roughly $100 million.
Financial
Bitcoin Miner HIVE Poised to Double Its Hashrate by Next Year, Cantor Says Initiating Stock at ‘Overweight’
The broker said the miner’s growth isn’t priced-in and initiated coverage of the miner with $9 price target.
Financial
Consensys Cuts 20% Workforce, Blames SEC’s ‘Abuse Of Power’
The main supporter of the Ethereum network has been in an ongoing battle with the Securities and Exchange Commission who most recently alleged the company of operating as an unregistered broker.
Financial
Binance Unveils ‘Binance Wealth’ for Elite Customers
The initial focus will be on Asia and Latin America, Binance said.
Financial
Stacks, Prominent Bitcoin Layer-2 Project, Activates Long-Awaited ‘Nakamoto’ Upgrade
The Stacks project, led by Princeton-educated computer scientist Muneeb Ali, says the upgrade will make transactions faster and “as irreversible as Bitcoin’s.”