🦑 Leviathan News Daily Digest - November 02, 2025

1. Circle CEO Jeremy Allaire calls Arc “an economic OS for the internet,” highlighting its dollar-based fees, sub-second finality, and enterprise privacy features as USDC adoption surges across emerging markets ahead of Arc’s 2026 mainnet launch.

Source: Coindesk

2. According to coinglass analysis; a total of 90,190 traders worldwide have experienced margin calls, with a total liquidation amount of $152 million in the past 24 hours.

Source: Coinglass

Different shades of red.
@Danicjade

3. Former FTX US president Brett Harrison criticized crypto exchanges offering up to 1,000x leverage, calling it “irresponsible” and harmful to traders. His new platform, Architect, limits leverage to 25x on traditional assets.

Source: decrypt.co

I agree with him tho
@Petcel

4. Tether, TRON, and TRM Labs’ T3 Financial Crime Unit has frozen over $300 million in illicit crypto across 23 jurisdictions, aiding global law enforcement in major fraud and money laundering cases.

Source: crypto.news

Interesting
@Petcel

5. Romania’s gambling regulator has blacklisted Polymarket, calling it unlicensed “counterparty betting” rather than event trading. The move follows massive betting volumes on Romanian elections surpassing $16 million.

Source: decrypt.co

Well, obviously, polymarket is gambling and I can see the govt try to regulate this as they've always tried to regulate everything
@Hades