Crypto Soars as Dems Sweep Midterms
Bitcoin Tops $80K, CFTC Sued Over Equity Perps and an Onchain Rebound
Explosive Growth Ahead for Enterprise Blockchain
Paul Brody drives Ernst & Young (EY) initiatives and investments in blockchain technology across consulting, audit, and tax business lines. He says enterprise blockchain adoption is nearing an inflection point. Brody believes blockchains will one day handle 40 billion transactions daily across industries like automotive and pharma. Stacy Elliott interviewed him at Messari Mainnet 2023.
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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.