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Solana CEO hoses down claims network outages caused by on-chain voting

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Solana Labs founder and CEO Anatoly Yakovenko said claims that Solana’s network outages were caused by on-chain voting were born out of “pure ignorance.”

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Metaplanet swings to $170M loss as Bitcoin sale hits earnings

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Bitcoin sales, valuation losses and rising borrowing costs weighed on the Japanese company’s earnings despite higher revenue and operating profit.

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Coin Market

Bitcoin holds below $70K as stocks slip despite a cooler US PPI print

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Bitcoin was down about 4% on the day amid a tepid market reaction to October’s US PPI reading, which came in below expected levels.

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Nakamoto shares fall 6% premarket after Q3 revenue turns negative

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A $5.8 million loss on Bitcoin options pushed operating revenue below zero, and higher Bitcoin prices lifted net income to $85.5 million.

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