DoubleZero’s Federa says fast market data should not be private
DoubleZero has added Binance spot and futures data as Edge’s fifth venue in six months, with co-founder Austin Federa arguing that access to the fastest market feeds should be available to anyone willing to subscribe. Summary Binance joins Solana, Kalshi,…
BitMine’s Weekly ETH Buys Shrink to 12,532 as Tom Lee Says Stacking Is Done
BitMine has staked 84% of its Ethereum holdings, projecting up to $400 million in annual staking revenue once the entire treasury is deployed. BitMine said on Monday it bought 12,532 Ethereum in the week to October 11, its third…
CoinShares brings stablecoin yield to Safe wallets
CoinShares has outlined an integration with Safe Labs and Railnet to offer stablecoin yield strategies through Safe’s Earn widget while keeping users’ investment positions in self-custody, according to a press release dated Oct. 14. Summary CoinShares will design the stablecoin…
UK Bitcoin Treasury Firm Smarter Web Closes £10M Share Offering
The first weekly payout on the new MORE shares is £0.2301 each, with an initial 12% annual rate on £100 and unpaid sums carried forward. The Smarter Web Company has raised £10 million ($13.2 million) in the initial public…
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%…
How a Wallet Compromise Killed the Solana DeFi Aggregator
After exploring fundraising and acquisition options, the teams concluded that no sustainable recovery path existed following the breach. Solana-based DeFi aggregator, Step Finance, along with two other affiliate projects, SolanaFloor and Remora Markets, announced plans to shut down all…
DoubleZero’s Federa says fast market data should not be private
DoubleZero has added Binance spot and futures data as Edge’s fifth venue in six months, with co-founder Austin Federa arguing that access to the fastest market feeds should be available to anyone willing to subscribe. Summary Binance joins Solana, Kalshi,…
Evernorth Hits Nasdaq With 473 Million XRP as XRPN Trading Begins
Key Takeaways XRPN reached $17.37, up 2.72% after hours, at 7:30 p.m. EDT. Evernorth entered public markets holding approximately 473 million XRP. Management plans to deploy capital and increase XRP held per share. XRPN Starts Trading as XRP Treasury Reaches…
BitMine’s Weekly ETH Buys Shrink to 12,532 as Tom Lee Says Stacking Is Done
BitMine has staked 84% of its Ethereum holdings, projecting up to $400 million in annual staking revenue once the entire treasury is deployed. BitMine said on Monday it bought 12,532 Ethereum in the week to October 11, its third…
CoinShares brings stablecoin yield to Safe wallets
CoinShares has outlined an integration with Safe Labs and Railnet to offer stablecoin yield strategies through Safe’s Earn widget while keeping users’ investment positions in self-custody, according to a press release dated Oct. 14. Summary CoinShares will design the stablecoin…
South Korea’s Bitcoin Lending Experiment Begins at Jeonbuk Bank
Key Takeaways Edaily and Maeil Business Newspaper detailed that Jeonbuk Bank has executed South Korea’s first reported traditional bank loan secured by bitcoin. New rules effective Oct. 1 let Jeonbuk Bank pursue court-supervised collateral recovery without holding bitcoin. Jeonbuk Bank…
UK Bitcoin Treasury Firm Smarter Web Closes £10M Share Offering
The first weekly payout on the new MORE shares is £0.2301 each, with an initial 12% annual rate on £100 and unpaid sums carried forward. The Smarter Web Company has raised £10 million ($13.2 million) in the initial public…
Sberbank wins Russia’s approval for crypto exchange services
Sberbank has secured the Bank of Russia’s approval to provide cryptocurrency exchange services, joining nine registered operators ahead of its planned Dec. 1 product launch. Summary Nine organizations now appear in Russia’s cryptocurrency exchange register, including Sberbank, VTB and T-Invest…
Who Pays and Who Gains as Ledger Drama Fuels Multisig Adoption
Key Takeaways Multivendor multisig combines hardware from different manufacturers to reduce the risk of a single point of failure. Hardware wallet makers and multisig providers could gain customers as security concerns grow. Greater security comes with added costs and complexity,…
Bitcoin Miner Fees Fall to Just 0.64% of Revenue, Analyst Says
Bitcoin’s recovery from $59,000 to $84,000 has improved mining economics, but older equipment remains under pressure. Transaction fees averaged just 0.64% of Bitcoin miner revenue in the last 30 days, according to analyst Axel Adler Jr. And with BTC…
US CPI to rise to 3.6% in September, Truflation forecasts
Truflation has forecast that September U.S. headline inflation will rise to 3.6% from August’s 3.4%, while annual core inflation will hold at 2.4% as weaker hiring and easing housing costs restrain consumer price pressure. Summary 3.6% annual headline CPI is…