Bitcoin Miner Marathon Digital Beats Q3 Earnings Estimates, but Misses on Revenue

The miner sees yearly mining power guidance exceeding/TKTK 23 EH/s this year.Source

Investment Advisor Two Prime Sees $2B in Demand for Bitcoin-Backed Loans

“We have seen about $2 billion in demand for bitcoin-secured loans since we started offering them in September, ” Two Prime’s Alexander Blume said.Source

Trust Wallet’s TWT Falls as Parent Company Binance Releases Web3 Wallet

Trust Wallet’s native token [TWT] has plunged over the past few hours after Binance, the exchange that acquired TrustWallet in 2018, releases its own competing web3 wallet.Source

Grayscale Chainlink Trust Zooms to 200% Premium, Indicating Institutional Demand for LINK

The trust is one of the only ways for institutional investors to gain exposure to LINK tokens through a regulated product.Source

Binance Rolls Out Its First Ever Self-Custody Web3 Wallet

Cryptocurrency exchange Binance has released its web3 wallet that can be used to interact with the decentralized finance (DeFi) ecosystem.Source

OpenSea Investor Coatue Cuts NFT Marketplace’s Valuation by 90%: Report

Coatue also marked down its stake in MoonPay by 90%Source

Ripple Broadens Remittances Between Africa, Gulf States, UK and Australia

Ripple also announced product enhancements and license updates, including a focus on payments between enterprises and smaller businesses.Source

Crypto’s Bromance With U.S. CFTC May Be One-Sided

Half of the 2023 sanctions from the U.S. Commodity Futures Trading Commission (CFTC) targeted digital assets companies and individuals, according to the agency’s annual enforcement snapshot released on Tuesday.Source

Robinhood to Expand Crypto Trading Into EU, Plans to Start UK Brokerage

The crypto trading platform for EU will start in “coming weeks.”Source

U.S. Consumer Finance Watchdog Wants to Oversee Major Tech, Some Crypto Payments

A proposed rule would let the CFPB supervise nonbank payment providers and transactions between people, including some crypto transactions.Source