• DWF Labs dismisses partner amid allegations - [Zoomer]
• SEC files to convert Grayscale Digital Large Cap Fund LLC into an ETF for NYSE trading, holding Bitcoin (75.46%), Ether (17.90%), Solana (SOL) (4.13%), XRP (1.86%), and Avalanche (AVAX) (0.65%) - [PN]
• Fidelity (FBTC) reports daily Bitcoin flows of +$133.2M - [Tree]
• BlackRock (IBIT) reports daily BTC flows of +$599.8M - [Tree]
• Bitcoin ETFs see $827.0M net inflows, while Ethereum ETFs report $7.6M net inflows on 29 Oct 2024 - [EI]
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• US ADP reports October private employment rose by 233K, exceeding estimates of 115K - [DB]
• US 3Q GDP grew at an annual rate of 2.8%, below the estimated 3.0% - [DB]
• GBP/USD declines 0.6% to 1.2937 following Reeves' budget presentation - [DB]
• Wellington Management, a leading independent asset manager with over $1 trillion in assets, has partnered with Ondo Finance - [NN]
• One-third of Polymarket's presidential market volume reportedly tied to wash trading - [IH]
• Nishad Singh, former FTX executive and key witness in the Bankman-Fried case, to be sentenced today for his role in the $8 billion debacle - [AGGR]
• Reddit sold most of its crypto portfolio, mainly Bitcoin and Ethereum, in Q3 for treasury purposes, stating to the SEC that the gains were "not significant," consistent with its previous IPO filing - [NN]
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• U.S. Treasury releases 17-page report on digital assets and tokenization - [Zoomer]
• Liu Zhou, self-identified "brain" of crypto firm MyTrade, pleads guilty to fraud charges after FBI investigation - [NN]
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• Investigation of Mr. Beast's crypto wallets reveals $23M in profits and connections to questionable activities - [Zoomer]
• Kraken reduces workforce by 15% and appoints Tribe Capital co-founder as new co-CEO - [Zoomer]