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Latest from Kevin Reynolds
Nigeria to Launch Its ENaira Digital Currency on Monday: Report
The launch was originally set for the start of October.

Largest DeFi Prediction Market Polymarket Said to Be Under Investigation by CFTC: Report
The report of the probe comes as the company is said to be in talks to raise money at a nearly $1 billion valuation.

Grayscale Reiterates Plans to Convert Bitcoin Trust to Spot ETF
Once the application is made, the SEC will have 75 days to review it.

Cardano Announces Partnerships With Dish Network, Chainlink
The tie-up with Chainlink will allow added support for developers working on the Cardano blockchain to develop smart contracts.

Stablecoin Feature in New York Times Signals Regulation Is Coming
Designating them as “systemically risky” and thus eligible for oversight is one option available, the article said.

Degenerate Ape NFT Sells for More Than $1M on Solana
The sale is a record for the layer-1 rival to Ethereum.

DeFi Projects Cover, Ruler Are Shutting Down After Development Team Exits
The price of both protocols’ tokens plunged on the news.

Binance Cuts SGD Trading Pairs Following Warning From Singapore Regulators
Last Thursday, Singapore issued an investor alert. This Friday, Binance will end payment options in the local currency.

As More Consumers Bank With Crypto, Washington Sounds the Alarm: NY Times
The NYT says officials in D.C. are trying to figure out how to curb what they see as crypto’s potential dangers.

Fed's Brainard Says US Can't Not Have a CBDC in a World in Which Others Have Them
Brainard said without a digital dollar the proliferation of stablecoins could fragment the payment system.
