Author: American Coins & Gold

FTX's Nishad Singh Gets No Prison Time for Role in Crypto Exchange Collapse
Singh is the fourth FTX executive to be sentenced for his role in the fraud.

Michael Saylor's MicroStrategy Plans to Raise B to Buy More Bitcoin Over Next 3 Years

The Protocol: Crypto Fundraising, Job Losses, Juicy Payouts, Grants for Devs
In this week’s issue of The Protocol, our newsletter on blockchain tech, we’re covering the Optimism’s $42.5M token pledge to Kraken, crypto VC funding, grants for Bitcoin open-source developers, and Polymarket’s (negligible) impact on Polygon’s bottom line.

Protocol Village: Termina, SVM-as-a-Service Platform by Nitro Labs, Raises M in Seed Round

Institutional Investors Position for Bitcoin Volatility Into the U.S. Election
Some $350 million notional value of November call options traded on CME with a breakeven bitcoin price of nearly $80,000, anticipating a rally next month, one analyst noted.

Opportunities for Blockchains and Digital Assets to Support and Enhance U.S. National Security
With regulatory certainty, the national security benefits of digital assets and blockchain technology will grow exponentially, say four national security experts.

Degens Are Searching for Further Leverage on MicroStrategy and Winning Massively
The T-REX 2X long MSTR Daily Target ETF (MSTU) has rallied 235% since its introduction six weeks ago, an annualized equivalent return of 57,000%, according to Bloomberg analysis.

Fortune Claims Polymarket Is 'Rife' With Wash Trading
As much as a third of the prediction market’s volume is inflated by traders buying and selling the same shares repeatedly, Fortune reported, citing blockchain researchers. They could be doing it to farm a future airdropped token.

Making Crypto Tokens Useful and Fair
Instead of parsing the Howey test, founders should prioritize making tokens useful and fair, say Jake Chervinsky and Rebecca Rettig.

Venn Network Aims to Solve DeFi's Hacking Problem With More Decentralized Tech
Creator Or Dadosh says Venn creates a “completely new economy” for crypto security.