Crypto Soars as Dems Sweep Midterms
Bitcoin Tops $80K, CFTC Sued Over Equity Perps and an Onchain Rebound
Synthetix Founder Kain Warwick: Regulation Will Fork DeFi Projects Into Two Camps
Synthetix founder Kain Warwick joins Decrypt's Dan Roberts and Liam Kelly in our Decrypting Mainnet series at Mainnet 2022 to give his views on regulation and the SEC, how DeFi projects will split between compliant and non-compliant and that it's "ideologically confusing" but "not necessarily a bad thing."
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Binance Hack Details, Midterms, US Equity Perps Approved and ETF Exodus.
On today's FOMO Hour, hosts Farokh and TylerD break down the CFTC's approval of US equity perpetual futures, which can go live on registered exchanges as soon as today, and what it could mean for Coinbase, Hyperliquid's HYPE and Lighter.
Binance Hack Aftermath, $3.6B outflows, North Korea links and a Brazilian exchange hit for $40M
On today's FOMO Hour, hosts Farokh and TylerD look at the Binance hack aftermath. Total impact reached about $6.3 billion, Tether and Circle froze roughly $2.3 billion between them, and around $3.64 billion flowed out once withdrawals reopened. The FBI and Secret Service are now involved, with Binance preparing a proof-of-reserves report.