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Latest from Nick Baker
S&P Faults Biggest Stablecoin, Tether's USDT, as It Debuts New Industry Ranking
USDT was assigned a low score of four, meaning the largest stablecoin is constrained in its ability to maintain its peg to fiat, the rating agency says.

Argentina's Milei, So Far Shunning Bitcoin, Devalues Peso by More Than 50%
The government's official rate is now 800 pesos to the dollar versus roughly 400 previously.

Donald Trump Unveils New 'Mugshot' NFTs, Stirring Up Prices for His Previous NFTs
Buy enough of them and you can get a piece of the suit the former U.S. president wore when he arrested in August.

BlackRock's Bitcoin ETF Now Invites Participation From Wall Street Banks
A change to the structure of proposed spot bitcoin ETFs would enable authorized participants (APs) to create new shares in the fund with cash, rather than only with cryptocurrency, essentially opening the door to banks who cannot hold crypto directly.

Crypto Provisions Dropped From 2023 U.S. Defense Bill
The military-linked bill is viewed as must-pass legislation, so lawmakers sometimes try to tack on other things to get them passed, too.

Jito's Token Launch Pushed Competitor Marinade's MNDE to All-Time Highs
Marinade's market cap is dwarfed by Jito, though, despite being a bigger crypto ecosystem.

Bitcoin Halving Is Poised to Unleash Darwinism on Miners
Strong miners might be about to eat the weak ones as the reward for mining BTC gets cut in half, experts say.

Solana Protocol Kamino Eyes Airdrop Following Jito Token Launch
Solana's SOL token has more than tripled since mid-October as DeFi traders return to the ecosystem's on-chain trading, borrowing, lending and yield-generating projects, most notably Kamino.

Do Kwon Faces Extradition to U.S. for Charges Tied to the TerraUSD and Luna Collapse: WSJ
The blowups of his UST and LUNA tokens fueled a crisis that gripped the whole crypto industry in 2022, causing losses that reverberated far and wide.

Robinhood Broadens Crypto Service to Europe, Notes Region's Digital Asset Regulation
The company said it chose Europe to anchor its crypto expansion outside the U.S. because of the region's comprehensive rules.
