Latest from Sam Reynolds
Huobi Hong Kong Withdraws License Application for the Second Time
HBGL Hong Kong Limited, the entity behind Huobi Hong Kong, first withdrew and then re-submitted its application for a Hong Kong VATP license in February.

Degen Chain Back Online After Two-Day Hiatus
The layer-3 blockchain for meme coins was offline for over 50 hours.

Former FTX Exec Ryan Salame Asks for Lenient 18 Months in Prison
Salame's attorneys highlight that he wasn't involved in the core fraud perpetuated by Sam Bankman-Fried, and he has had nearly his entire net worth destroyed by the implosion of FTX.

Coinbase Resumes Operations After 3-Hour Outage
Some users may still be experiencing a "degraded" service, the exchange said.

Trump and Biden Tied on Polymarket, Diverging From Polls
Other election contracts show a 35% chance of a Republican sweep of the presidency and both houses of Congress and a 27% chance Democrats control the Senate after the election.

No, Hong Kong's Crypto ETFs Aren't Available in Mainland China
The Stock Exchange of Hong Kong (HKEX) confirmed they aren't available. Chinese authorities are wary that ETFs offer a way to bypass strict international capital controls.

VanEck's MarketVector Starts Index to Track the Largest Meme Coins
The index contains a variety of dog-themed coins and other popular meme tokens.

QCP Receives In-Principal Approval From Abu Dhabi Regulator
The digital assets trading firm said in April it was setting up shop in Abu Dhabi in collaboration with Further Ventures.

Elon Musk Will Likely Remain Tesla CEO, and Tweet Non-Stop: Prediction Markets
Also: Trump faces likely conviction, per Polymarket punters; CFTC hearing to discuss political betting ban.

Hong Kong Bitcoin and Ether ETFs Have Soft Debut
The volume of crypto exchange-traded funds came in at just over $11 million.

