Coinbase, Ether Liquid Staking Tokens Lido, RocketPool Surge on BlackRock ETH ETF News

Asset management giant BlackRock registered a Delaware company for a spot ether trust, fueling speculations about a potential ETF filing.Source

Can Stablecoins Get Past Their Instability?

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Venture Capital Lightspeed Faction Starts $285M Fund for Blockchain Startups

The new fund will focus mainly on early-stage crypto projects, participating in seed-stage and Series A funding rounds.Source

EU Parliament Approves Data Act With Smart-Contract Kill Switch Provision

The final version of the bill’s text, reviewed by CoinDesk in July, revealed that it contained a smart-contract kill switch clause.Source

Blockchain Staking Firms Update Best Practices Amid ‘Increased Scrutiny’

The new “staking principles,” published by the Proof of Stake Alliance, aim to ensure consumer protections and promote innovation. Signers include Lido, Coinbase, Rocketpool, Blockdaemon.Source

First Mover Americas: Bitcoin Tops $37K

The latest price moves in bitcoin [BTC] and crypto markets in context for Nov. 9, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Source

Polygon Labs Commences $85M Grant Program to Draw Builders to Its Ecosystem

Polygon Labs is offering a total of 110 million of its native token, MATIC, to projects in DeFi, gaming and social media, among others.Source

FTX’s FTT Token Jumps 90% on Gensler Comments

FTT, the native token of defunct cryptocurrency exchange FTX, has surged by 90% following comments from SEC chairman Gary Gensler in relation to a potential reboot of the exchange that collapsed one year ago.Source

Solana Tokens Sees Risky Bets Increase After End of Sam Bankman-Fried Trial

Bonk took center stage in the Solana ecosystem in January as sentiment around the blockchain network took a hit in the aftermath of the Sam Bankman-Fried and FTX exchange debacle.Source