What crypto users should know
Four financial and cryptocurrency companies have reported data security incidents involving customer contact details and internal business information, with Coinbase, Bithumb, Mirae Asset Global Investments and Daishin Securities disclosing separate breaches. Summary Coinbase confirmed that a small amount of customer…
XRP Whales Now Control 68.5% of Supply, Highest Level Since 2022
XRP remains under pressure near $1.3, but whales are not backing away yet. XRP whales have held the largest share of the token’s supply since November 2022. Wallets holding at least 10 million XRP now control 46.87 billion tokens,…
Brazil stablecoin trading soars as firms hedge Lula election shock
Brazilian companies have turned heavily to dollar-backed stablecoins following the October 25 presidential runoff, with corporate accounts generating 78% of Mercado Bitcoin’s Sunday trading as Luiz Inácio Lula da Silva defeated Flávio Bolsonaro. Summary Corporate accounts generated 78% of Mercado…
XRP Ledger Gets a New Use Case as Ripple Teams Up With C2FO
Ripple is expanding XRP Ledger adoption through two deals, bringing faster supplier payments with C2FO and institutional custody services with BNY. Ripple is teaming up with C2FO to bring faster business payments to the XRP Ledger. On October 27,…
Solana’s RWA Market Explodes 600% in a Year as Ethereum Struggles to Keep Up
Solana is rapidly closing the RWA gap with Ethereum as its tokenised market share grows from 4.5% to 26% in one year. Solana’s on-chain economy is growing beyond meme coins. In fact, a new report suggests that real-world assets…
Crypto Funds See 4th Week of Outflows, but XRP and SOL Shine: CoinShares Report
Four consecutive weeks of crypto fund outflows hit $3.74 billion, but altcoins outperform as US investors retreat from the market. Investment products linked to digital assets experienced their fourth consecutive week of outflows, recording $173 million and pushing cumulative…
Hayden Davis Resurfaces After LIBRA Crash, But His Latest Trades Are Deep in the Red
Bubblemaps found that Hayden Davis, who was involved with LIBRA and YZY tokens, has resumed on-chain trading, but recent Solana meme coin bets resulted in nearly $3 million losses. A year after Bubblemaps first detailed the on-chain mechanics behind…
Solana Growth Signals Hope Despite Woes
Data from Santiment shows new wallet creation rising even as prices slump, hinting network curiosity hasn’t faded with sentiment yet. The price of Solana’s native SOL token is near $84, after a steep, multi-month slide that erased nearly 67%…
What crypto users should know
Four financial and cryptocurrency companies have reported data security incidents involving customer contact details and internal business information, with Coinbase, Bithumb, Mirae Asset Global Investments and Daishin Securities disclosing separate breaches. Summary Coinbase confirmed that a small amount of customer…
Bitget to Acquire Licensed Thai Digital Asset Exchange GMO-Z.com Cryptonomics
Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. Cryptocurrency exchange Bitget announced an agreement on Oct. 20 to acquire GMO-Z.com Cryptonomics (Thailand) Co. Ltd., securing a regulated footprint…
XRP Whales Now Control 68.5% of Supply, Highest Level Since 2022
XRP remains under pressure near $1.3, but whales are not backing away yet. XRP whales have held the largest share of the token’s supply since November 2022. Wallets holding at least 10 million XRP now control 46.87 billion tokens,…
Bo Hines, USAT, and Tether’s US Strategy
The opinion editorial Part 2 of “Stablecoins After the GENIUS Act: A Practical Legal Guide for Businesses” written below was written by Michael Handelsman for Kelman.Law. Tether’s launch of USA₮—often written as USAT—offers an early case study in how a…
Brazil stablecoin trading soars as firms hedge Lula election shock
Brazilian companies have turned heavily to dollar-backed stablecoins following the October 25 presidential runoff, with corporate accounts generating 78% of Mercado Bitcoin’s Sunday trading as Luiz Inácio Lula da Silva defeated Flávio Bolsonaro. Summary Corporate accounts generated 78% of Mercado…
Token2049: Over 40% of Binance’s US Stock Trading Happens While Wall Street Is Asleep
Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. Check out the BitPinas Token 2049 Coverage Here More than 40% of tokenized U.S. equity trades on Binance take place…
XRP Ledger Gets a New Use Case as Ripple Teams Up With C2FO
Ripple is expanding XRP Ledger adoption through two deals, bringing faster supplier payments with C2FO and institutional custody services with BNY. Ripple is teaming up with C2FO to bring faster business payments to the XRP Ledger. On October 27,…
Crypto Leaders Blast Misleading WSJ Ad on Tokenization Risks
Key Takeaways A WSJ ad warned CEOs against stock tokenization, citing risks like market manipulation and hidden ownership. Industry leaders called the ad misleading, arguing that regulated U.S. tokenization mitigates these dangers. Fearing instability, major firms like Microsoft and Goldman…
Polymarket faces renewed CFTC scrutiny over 2022 settlement
Polymarket has faced renewed CFTC scrutiny over whether it honored the U.S. access restrictions tied to its $1.4 million settlement in 2022, according to Reuters. Summary Regulators are examining whether Polymarket sufficiently restricted American access to its offshore prediction market….
OCC Urges U.S. Community Banks to Enter the Stablecoin Market
The U.S. Office of the Comptroller of the Currency (OCC) is encouraging community banks to enter the stablecoin market, inviting smaller lenders to apply for permission to issue their own dollar-pegged tokens ahead of the implementation of new federal regulations…