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The Silvergate Exchange Network added another exchange member while Riot Blockchain recorded bumper Q3 revenues.

Central bankers hope the CBDC will help restore confidence in Lebanon’s shaky banking sector.

Quick Take

• At the start of election night, prediction markets priced Trump’s odds of winning the election at 35-40%, while FiveThirtyEight’s model was at 11%
• During election night Trump’s odds rose to as high as 80%, until quickly dropping to below 25% when Arizona flipped to the Democrats
• Based on the available data, it looks like prediction markets overreacted to newly reported news. Arguably, this was the case in both directions (for and against Trump)

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The hybrid blockchain maker, Kadena, announced on Tuesday that it has partnered with Terra and will be adding Terra’s stablecoin Luna to its decentralized exchange (DEX) Kadenswap.

Lebanon’s central bank is reportedly moving toward the launch of a digital currency next year, according to a Tuesday report.

Bloomberg, citing Lebanon’s National News Agency, reported that the digital currency is intended to shore up “confidence” in the country’s banking system.

Riad Salameh, the central bank governor in Lebanon, has said as far back as mid-2019 that such a project was in the works. At the time, the goal of the project was to provide the local economy with a purely cashless transaction system — but in those early days, concerns around money laundering and security had yet to be resolved. 

If launched, Lebanon’s central bank would join the growing number of institutions pursuing such projects to fruition. Earlier this year, The Block published a wide-ranging report on the efforts being undertaken by major central banks worldwide to launch central bank digital currencies (CBDC). 

© 2020 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Crypto exchange FTX has listed quarterly futures on tokenized stocks, offering up to 100x leverage.

The new offering comes less than two weeks after FTX ventured into the arena of tokenized stocks trading. FTX said the tokenized stock futures would track FTX spot markets as their index, and they will work the same as futures on other FTX products.

However, there are some conditions attached. First, in the case of an ordinary dividend, the futures will not have any adjustments, said FTX. Second, in case of other corporate actions, such as stock splits and spinoffs, such futures will be adjusted, either by changing denominators or by turning into a future on the whole basket in the case of spinoffs. Finally, FTX said it reserves the final right to determination.

FTX’s tokenized stocks trading is a 24/7 service. It allows traders to buy fractions of shares such as Tesla, Amazon, and Apple.

The service is being offered in partnership with German financial services firm CM-Equity, and Switzerland-based tokenization solutions provider Digital Assets AG.

© 2020 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Texture is the latest tokenization firm to eye the $1.5 trillion private securities market.

As Coinbase nears a possible IPO, the powerhouse exchange faces several big challenges, says Fortune senior writer Jeff Roberts.

Price reaction to vaccine breakthrough renews dialogue over whether bitcoin trades like a risk-on asset, inflation hedge or neither.

The report is granted after an independent third-party audit of a company’s internal systems and controls supporting client financial reporting.