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DeFi is paying big to accumulate USDC

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The GENIUS Act forbids any interest payments by Circle to USDC holders, causing them to venture elsewhere for APRs of 59% or beyond. Source...

Is the Tesla Diner rigging reviews?

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A day after opening, 23 Tesla Diner reviews had disappeared from Yelp, leaving it with just 14 write-ups, and only a single one-star...

Could a Tether collapse destabilize the US Treasury market?

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Bank of International Settlements researchers have quantified a few basis points of measurable impact from stablecoins on US Treasuries. Source link

UK gov’t committee calls for halt to crypto donations amid foreign interference fears

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The committee called for a ban on political crypto donations linked to crypto mixers, and for funds to be converted to fiat within...

US senators call Binance ‘repeat offender’ over $2B Iran transfers

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The inquiry questions Binance’s commitment to a 2023 plea agreement and is demanding details related to Iranian sanctions. Source link

Largest BNB treasury crashes 95%, blames CZ family office

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Shares of CEA Industries had already lost 98% of their 2018 peak by the time it pivoted into a BNB treasury stock. Then...

Hyperliquid claimed 100% uptime during 37-minute outage

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During the outage yesterday, Hyperliquid traders had no access to place trades or manage their highly leveraged positions. Source link

Exclusive: Burwick Law chief reveals vision for New York

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Max Burwick announced his first mayoral policy and attacked leading rival candidate Zohran Mamdani’s stance on antisemitism. Source link

Samourai devs plead guilty, agree to November 6 sentencing

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Keonne Rodriguez and William Lonergan Hill, the developers behind Samourai Wallet, have pleaded guilty to unlicensed money transmission. Source link

Does Kraken’s fundraise value Binance above $100B?

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Kraken is seeking to raise at a $15 billion valuation, which probably places comp valuation metrics for Binance at more than $100 billion. Source...
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