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USDC Takes 56% of Euro Stablecoin Trading, Overtaking USDT, Kaiko Says
USDC's share of stablecoin trading against the euro has climbed to 56% from 10% in January 2024, Kaiko says, with order books roughly 40% deeper than USDT's as MiCA reshapes European exchange listings. Kaiko expects a similar dynamic in the US under the GENIUS Act.
MarketsHadi Ghadban
Ripple and BNY Expand Partnership to XRP, RLUSD Custody and Trade Finance
BNY, with $63.4 trillion under custody and/or administration, now lets eligible institutions hold and transfer XRP and RLUSD. The bank also plans direct RLUSD minting and redemption and is exploring tokenized trade finance with Ripple and C2FO on the XRP Ledger.
MarketsIbrahim Rajab
Bitget Wallet Launches USD and EUR Virtual Accounts via Noah
Bitget Wallet's new Virtual Account gives users personal USD and EUR account numbers from Noah. ACH, Fedwire, SEPA and SWIFT deposits convert to USDT or USDC on arrival, but money only flows in for now: outbound transfers are planned for the coming months.
MarketsJulie "Mooncat" Wolf
JPYC Reaches Only a Quarter of Its Circulation Target in First Year
JPYC marked its first anniversary with roughly 3.2 billion yen in circulation, about a quarter of target. CEO Noritaka Okabe says the token is not growing and points to a 1 million yen per-transaction cap for Type II funds transfer providers.
MarketsHadi Ghadban
Bloom Telegram bot users lose $953K in Solana wallet drain
Bitquery says hackers drained about $953,000 in 94 seconds from 48 wallets tied to nine users of Telegram trading bot Bloom. Bloom blames a remote code execution flaw in a third-party module, says no private keys were compromised and pledges 100% reimbursement.
MarketsBlockchain Academics Newsroom
BlackRock, SBI and Startale Eye Tokenized MMF Link to Yen Stablecoin
BlackRock, SBI Holdings and Startale will explore linking tokenized money market funds with JPYSC, Japan's first trust-type yen stablecoin. The MOU covers tech, distribution and regulation, but no integration has been confirmed.
MarketsJulie "Mooncat" Wolf
Akash Opens Vote to Move AKT From Cosmos to Solana
Akash Network's Proposal #346 asks AKT holders to approve a one-way move from its sovereign Cosmos chain to Solana, converting AKT 1:1 to an SPL token. Early tallies show about 98% support; voting closes November 2, and the marketplace move needs a separate vote.
MarketsHadi Ghadban
Ripple National Trust Bank Wins Final OCC Approval for RLUSD Reserves
The OCC has granted final approval to Ripple National Trust Bank, completing a process that began with a conditional approval in December 2025. The New York-based trust bank will manage RLUSD reserves and offer enterprise custody, but will not take deposits or make loans.
MarketsHadi Ghadban
Mochatrade Raises $5.56M to Offer US Stock Perpetuals to Indian Traders
CoinFund led a seed round in Mochatrade, bringing total funding to $5.56 million. The Y Combinator startup lets Indian traders fund in rupees via UPI and trade leveraged perpetual futures on US stocks such as Nvidia, Tesla and Apple.
MarketsBlockchain Academics Newsroom
Keystone to Scrap 18,835 Wallets After Attacker Steals Device Key
Keystone will destroy 18,835 inventory wallets after the attacker behind its website breach stole the WebAuth key used to verify devices. Old-key units received after Oct. 20 need extra checks, even if they pass online verification.
MarketsHadi Ghadban
NBA Signs CFTC Prediction Market MOU, Names Kalshi and Polymarket
The NBA signed an information-sharing MOU with the CFTC to guard against insider trading in prediction markets and named Kalshi and Polymarket its preferred exchanges, joining the NHL and MLB while the NFL backs state oversight at the Supreme Court.
MarketsHadi Ghadban
Bitmine Buys Back $45.9M of Shares While Adding 10,452 ETH
Tom Lee's Bitmine spent about $45.9 million buying back 2.04 million shares last week, nearly double its $24 million ETH add, as holdings hit 6,051,933 ETH and the firm closes in on its 5% supply goal.
MarketsJulie "Mooncat" Wolf
Strategy Skips Bitcoin Buy, Spends $205M on STRC Buybacks
Strategy paused Bitcoin buying for the first time since mid-September, spending $204.9M on STRC buybacks instead. Holdings hold at 848,517 BTC, USD Cash fell 46% to $242.4M, and an MSCI index decision looms November 11.
MarketsJulie "Mooncat" Wolf
Galaxy Research Says Bitcoin Bear Market Ended in June, Urges Buy and Hold
Galaxy Research head Alex Thorn says Bitcoin bottomed in June and is in accumulation, pointing to a reclaimed 50-week average, fading old-coin selling and ETF buying. The call is invalidated by a weekly close below $76,540 not regained within a month.
MarketsJulie "Mooncat" Wolf
Aviva Investors Tokenizes £22B Sterling Liquidity Fund Share Class on XRPL
Aviva Investors launched a tokenized share class of its £22 billion Sterling Liquidity Fund on the XRP Ledger with Ripple. Aviva put £50 million into the class, and its two tokenized money market share classes now hold more than £86 million.
MarketsJulie "Mooncat" Wolf
US Spot Bitcoin ETFs End Losing Streak of Two Weeks With $301M Inflow
US spot Bitcoin ETFs broke a two-week outflow streak with $301.2M in net inflows, but Thursday's $635.6M exit, IBIT's outsized share and a still-negative October make the recovery look thin as BTC holds near $80,490.
MarketsJulie "Mooncat" Wolf
Dogecoin Contributor Mishaboar Urges Businesses to Fund Core Code Review
Dogecoin contributor Mishaboar is asking businesses building on DOGE to support Dogecoin Core and rigorous code review, calling review 'truly crucial, now more than ever.' The appeal came two days after Dogecoin Labs formed with the Dogecoin Foundation.
MarketsAlejandro Silva Ramírez
Keystone Wallet Website Breach Exposes Customer Addresses and Orders
Keystone Hardware Wallet says unauthorized access to its website on October 20 exposed customer names, contact details, shipping addresses and order details. The company says keys, recovery phrases and payment data are safe, and warns of impersonation scams offering refunds or replacement devices.
MarketsIbrahim Rajab
Arthur Hayes Sells $22.28M of ETH, ENA and UNI, Moves to Sidelines
Arthur Hayes says he dumped Maelstrom's entire directional book, about $22.28M led by 6,400 ETH, citing macro and geopolitical risk. Scammers fired 26 address poisoning transfers at his wallet as the sales went out.
MarketsJulie "Mooncat" WolfChainlink and LG CNS Announce Partnership on Korean Won Stablecoins
Chainlink and LG CNS announced a strategic partnership on Oct. 22 to expand Korean won stablecoins, integrate Chainlink tools into LG CNS's institutional platform and develop technical standards, building on an Oct. 6 memorandum. No financial terms or launch date were disclosed.
MarketsBlockchain Academics Newsroom
JPMorgan Brings MONY and JLTXX Tokenized Money Funds to Solana
J.P. Morgan Asset Management has made its MONY and JLTXX tokenized money market funds available on Solana through Morgan Money. Both were already on Ethereum. The real test: sustained balances and holder growth, not launch headlines.
MarketsJulie "Mooncat" Wolf
Initia Halts Layer-1 and Rollups After Exploit Drains About $2.7M
An attacker minted 2 million unbacked AUSD on Initia and bridged about $2.7M to Ethereum before the team halted its layer-1 and rollups. Co-founder Zon points to a Day 0 bug in the MoveVM implementation that does not affect native INIT.
MarketsAlejandro Silva RamírezNetanyahu Asks for a Blockchain Plan to Counter Possible Sanctions
Israeli Prime Minister Benjamin Netanyahu said blockchain is one way to prepare for possible banking sanctions and that he has already asked for a plan. He offered no details on who would build it, which chain it would use, or when.
MarketsAlejandro Silva Ramírez
Wells Fargo, Arm and Intuit Object to Tokenized Shares on OKXICE
Wells Fargo, Arm Holdings and Intuit are among six more companies objecting to tokenization of their shares on OKXICE, the OKX and ICE venue, bringing objectors to 22 as the platform seeks to launch under the SEC's innovation exemption.
MarketsHadi Ghadban