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In FocusPrediction Markets3 flashes · 1 story
Robinhood said Oct. 27 that third-quarter revenue rose 12% from a year earlier to a record $1.42 billion. Event contracts brought in $173 million, more than six times last year's level, while crypto revenue dropped 55% to $120 million. Customers traded a record 16.4 billion event contracts in the period. Source: Stock Titan
Treasury Secretary Scott Bessent told Ripple's Swell conference in New York on Oct. 27 that Congress's failure to pass the CLARITY Act was a disappointment, but that Treasury can push crypto oversight forward with the SEC and CFTC through agency action. He grouped digital assets with AI and chips in the technology race with China and noted that more than 90% of stablecoins are tied to the dollar and often backed by Treasuries. Rules made by agencies would not carry the durability of a statute. Source: CoinDesk
Belgian hardware wallet maker NGRAVE said it is facing a high-level cyber threat and told users to watch for phishing by text, email, fake websites and bogus support staff, adding it never asks for recovery phrases. The warning follows an Oct. 17 incident in which attackers hijacked a third-party push service for its LIQUID app and drained at least $2.56 million from about 70 wallets. Source: ChainCatcher