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Arkansas sues Kalshi, says its alleged illegal gambling operations cause mental harm

The lawsuit adds Arkansas to a growing list of states taking legal action against the prediction market platform.

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The Digital Chamber calls Sherrod Brown’s win ‘most consequential unfavorable result’ for crypto

Democrats are set to reorient the crypto policy debate toward stronger consumer protections and regulatory accountability, the group said.

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Crédit Mutuel Arkéa confirms cyberattack after ZachXBT flags $133M in suspected losses

Crédit Mutuel Arkéa did not confirm the exact amount of losses but validated the order of magnitude of the $133 million figure.

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Democratic sweep of Congress forces crypto industry to rethink Washington strategy

After two years of a pro-crypto, pro-innovation climate in Washington, the digital asset industry faces a sharp political jolt.

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Bitcoin rebounds past $80,000 as markets shrug off midterms and Binance hack

Bitcoin rose 3.5% to $80,500 and ether jumped 6% after Democrats won Congress, while Bitwise says the Binance hack had limited market impact.

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French Hill’s race still too close to call as House flips, changing the direction of crypto legislation

As of Wednesday afternoon, House Financial Services Committee Chair French Hill's race for reelection is too close to call.

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Coinbase says 99% of customer assets sit in cold storage after Binance’s $6.3 billion breach

Coinbase says 99% of customer assets are in cold storage and it wasn't affected by the $6.3 billion Binance hack.

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Schroders launches tokenized emerging markets debt fund on Solana with Centrifuge

The $1 trillion-plus asset manager brings its emerging markets bond strategy to Solana, expanding the range of onchain actively managed funds.

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Circle reports $865 million in Q3 revenue and reserve income, discloses 5% workforce reduction

Circle reported $865 million in third-quarter revenue and reserve income and disclosed cuts affecting approximately 5% of its workforce.

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BitGo launches institutional trading and financial solutions business led by former NYDIG executive

BitGo has launched Global Markets, an institutional trading and financial solutions business headed by former NYDIG executive Pete Janney.

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DeFi Explained

DeFi 201 explains decentralized finance as a connected protocol system. It follows how DEXs and AMMs, liquidity pools, lending markets, yield aggregators, oracles, derivatives and DAO governance fit together, and where composability creates systemic risk.

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Morgan Stanley among first banks to tokenize US equities, Treasurys through DTCC’s service

Morgan Stanley said it converted US equities and Treasurys into tokenized form through DTCC's new tokenization service.