Polymarket fires its CMO following an internal investigation into alleged fake trading, Sen. Richard Blumenthal questions payments tied to Tether's U.S. chief Bo Hines, and Ethereum developers delay the Glamsterdam upgrade on a test network over security concerns. @uyendoe has what you need to know.

MARKETS: Robinhood is seeing growing demand for prediction markets tied to bitcoin, gold and oil as traders increasingly move beyond sports prediction markets.

INSIGHT: @JPMorgan says recent SEC and CFTC actions have partially offset the CLARITY Act’s failure, but warns crypto faces a patchwork of regulatory measures that could be reversed in two years if Democrats win the White House.

LATEST: @Phantom rolls out @Kalshi prediction markets to U.S. users, letting them trade event contracts directly in the wallet app funded by Phantom’s $CASH stablecoin.

NEW: China sets a 2030 target for completing a national blockchain network, with its 15th Five-Year Plan calling for blockchain deployment across trade, finance, manufacturing and agriculture, while the country maintains its ban on crypto.

100 days until Hong Kong 🇭🇰 The countdown is on for #ConsensusHK 2027!

UPDATE: @Tether freezes $2.2M in $USDT linked to the $16M @CoinDCX outflow as onchain investigator @ZachXBT disputes the exchange’s account, alleging compromised deposit addresses were still active as recently as May 2026 and urging users to withdraw funds.

INSIGHT: Crypto rebounds after Thursday’s tech selloff with $PEPE leading gains at +14%, memecoins up 2.9% and $BTC holding near $82K as U.S. spot $BTC ETFs shed $635M on Thursday following $1B+ in inflows earlier in the week.

EARNINGS: CME Group, which operates Bitcoin and Ethereum futures markets, reported record third-quarter revenue of $1.74 billion, up 13% year over year. Average daily trading volume across its markets reached a Q3 record of 29.4 million contracts.

MARKETS: $BTC has historically bottomed 13-71 days after U.S. midterm elections, but this cycle’s low came 125 days before the November 3 vote, with $BTC already 40% off its July bottom at $81K suggesting the pattern may not repeat.

JUST IN: Bank Negara Malaysia and the Bank of Thailand join Singapore’s BLOOM initiative, expanding the cross-border digital money framework to three central banks as they develop common standards for acceptance, settlement and interoperability.

NEW: @Chainlink partners with LG CNS, the IT arm of South Korea’s LG Group, to build digital asset infrastructure for Korea’s $68B crypto market, focusing on Korean won stablecoins and tokenized securities.

LATEST: @HSBC launches RedCoin for 3.3 million PayMe users in Hong Kong, a HKD-backed stablecoin for everyday payments, with plans to expand into tokenized money market fund investments and corporate use cases.

NEW: @Polymarket fires CMO Matthew Modabber following an internal probe linked to a reported fake trades scheme that drew a CFTC investigation, per the NY Post.

UPDATE: Ethereum developers postpone the Glamsterdam upgrade on the Hoodi testnet, after security researchers flagged that EIP-8037’s gas accounting changes could permanently alter how existing smart contracts handle failed transactions. No new date has been announced.

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Privacy is essential for banks moving financial operations onchain. But how do institutions protect sensitive data while still giving regulators, auditors and security teams the access they need? @matterlabs co-founder and CEO @gluk64 explains why existing privacy solutions have fallen short and how zero-knowledge proofs could help institutions maintain control over their data without sacrificing oversight. Thank you to @Grayscale for sponsoring the CoinDesk Media Network.

China moves to seize more than 61,800 bitcoin tied to a $5.7 billion fraud case, spot Bitcoin ETFs attract over $1 billion in inflows this week, and President Trump targets overseas crypto scam operations. @jennsanasie has what you need to know.

LATEST: The Blockchain Association urges Congress to overhaul crypto tax rules, calling for stablecoin cash treatment, staking rewards taxed only at sale, de minimis exemptions for small transactions and limits on broker reporting to custodial intermediaries only.