Plus, pro-crypto spending largely failed to produce results as the Democrats swept the Senate and House in Midterms.
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Experts say the Democratic sweep was largely priced in, but it makes the road ahead harder for crypto policy.
The USDC issuer disclosed the cuts in its earnings release, booking $9.1 million in restructuring costs as reserve income fell 8%.
SEC staff’s no-action letter covers CC earned by running infrastructure and applications, but is not a binding ruling on its legal status.
A Polymarket trader topped the prediction market’s leaderboard after Democrats swept the US midterms, but Alaska could still flip it.
The onchain investigator says the theft is being "covered up," and that a lack of disclosure let more than $30 million be laundered.
