Kemi Badenoch Is New Leader of U.K. Conservative Party

The leadership election was set-off by former Prime Minister Rishi Sunak’s decision to resign as party leader.
Ethereum Researchers Relinquish EigenLayer Roles Over Conflict of Interest Concerns

Researchers Justin Drake and Drankrad Feist set off a controversy in May when they revealed that they’d accepted big token payouts from EigenLayer, raising conflict of interest concerns.
Opportunities for Blockchains and Digital Assets to Support and Enhance U.S. National Security

With regulatory certainty, the national security benefits of digital assets and blockchain technology will grow exponentially, say four national security experts.
Degens Are Searching for Further Leverage on MicroStrategy and Winning Massively

The T-REX 2X long MSTR Daily Target ETF (MSTU) has rallied 235% since its introduction six weeks ago, an annualized equivalent return of 57,000%, according to Bloomberg analysis.
Protocol Village: River, Protocol for Securing Communications, Acquires Llama, Protocol for Decentralized Governance
Institutional Investors Position for Bitcoin Volatility Into the U.S. Election

Some $350 million notional value of November call options traded on CME with a breakeven bitcoin price of nearly $80,000, anticipating a rally next month, one analyst noted.
The Protocol: Crypto Fundraising, Job Losses, Juicy Payouts, Grants for Devs

In this week’s issue of The Protocol, our newsletter on blockchain tech, we’re covering the Optimism’s $42.5M token pledge to Kraken, crypto VC funding, grants for Bitcoin open-source developers, and Polymarket’s (negligible) impact on Polygon’s bottom line.
Michael Saylor’s MicroStrategy Plans to Raise $42B to Buy More Bitcoin Over Next 3 Years
Coinbase Shares Slump After Big Q3 Earnings Miss on ‘Softer’ Market Condition
FTX’s Nishad Singh Gets No Prison Time for Role in Crypto Exchange Collapse

Singh is the fourth FTX executive to be sentenced for his role in the fraud.
