The Robinhood third-quarter results that was published on October 27, showed that crypto revenue was $120 million. This amount made up about …
Draws
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Markets
ESMA Draws a Hard Line Around Non-Compliant Stablecoins in EU Services
by shayaanby shayaanReason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest …
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Analysis
CFTC Draws Sharp Line Excluding Casino Gambling From Swaps While Targeting Event Contracts
by shayaanby shayaanFederal regulators are drawing a sharp line between casino-style gambling and event contracts in derivatives oversight. The Commodity Futures Trading Commission says …
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Scams
CFTC Draws the Line Between Prediction Markets and Gambling in New Rules
by shayaanby shayaanIn brief The CFTC issued two measures Friday: a proposed rule expanding the “swap” definition to include event contracts , and an …
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Markets
OKX draws investment from StanChart, Circle, Ripple as it pushes beyond crypto exchange roots
by shayaanby shayaanThe exchange is increasingly aiming to position itself as a global financial tech platform spanning crypto, payments and tokenized assets, following an …
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Aave’s new lending market on the Arc network has attracted almost $125 million in $USDC. However, borrowers have taken out less than …
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Grayscale Investments, venture capital firm a16z and the Crypto Council for Innovation urged the U.S. Securities and Exchange Commission (SEC) to avoid …
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Finance
Bitwise Draws $1.8 Billion in Inflows Despite Crypto Bear Market, Tom Lee Flags Trend
by shayaanby shayaanFundstrat’s Tom Lee highlighted the asset manager’s inflows as a sign of resilient demand amid falling crypto prices. Bitwise has pulled in …
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Blueprint Finance has completed a strategic funding round led by Polychain Capital to expand Concrete, its on-chain vault infrastructure for institutions, protocols, …
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Markets
Ethereum Institutional launch draws support from across the Ethereum ecosystem
by shayaanby shayaanIts launch comes as Ethereum’s support ecosystem undergoes a broader evolution, following the debut of EthLabs and amid ongoing efforts by the …