Saturday, October 10

Crypto

Crypto-Backed PAC Scales Back Ad Spending in Massachusetts Primary

An affiliate of the political action committee (PAC) Fairshake, which was responsible for pouring more than $130 million in ads and media in the 2024 election cycle, is supporting at least one candidate in Tuesday’s primary in Massachusetts.According to Federal…

SEC Proposes New Standards for US Transfer Agents

The US Securities and Exchange Commission (SEC) has proposed overhauling decades-old rules governing transfer agents as blockchain-based recordkeeping and tokenized securities become more prominent in US markets.The proposal would update requirements covering registration, recordkeeping, safeguarding and securities transfers, while introducing…

21 Financial Giants Form Venture for G7 Stablecoins

A group of 21 major financial institutions plans to establish a new company to develop and issue stablecoins, offering another sign of traditional finance’s push into digital dollars as regulatory frameworks take shape.The consortium, announced Tuesday, includes Bank of America,…

Ethena Expands USDe into Global Payments with New App

Ethena has launched a global money app built around its USDe synthetic dollar, expanding the crypto-native asset into everyday payments, savings and cross-border transfers.According to Tuesday’s announcement, the self-custodial Ethena Pay app allows users to hold USDe through a dollar-denominated…

Fake Claude App Spreads RevStealer Crypto Malware

A fake Claude desktop application is reportedly being used to distribute RevStealer, a Windows malware strain built to steal crypto, password and browser data.According to a Monday report by cybersecurity company Morphisec, RevStealer was previously distributed through GitHub repositories and…

Asia Sees Digital Asset Custody Infrastructure Deals from Ripple, Coincheck

Blockchain enterprise solutions provider Ripple has partnered with digital asset infrastructure company SettleMint to offer financial institutions solutions for custody, issuance and management of tokenized assets across their full lifecycle.The strategic partnership will integrate Ripple’s institutional digital asset custody infrastructure,…

BlackRock Drives 7M Bitcoin ETF Inflow Rebound

US-listed spot Bitcoin exchange-traded funds (ETFs) returned to inflows on Monday, led almost entirely by BlackRock, while Ether, XRP and Solana funds continued attracting capital.SoSoValue data showed that Bitcoin ETFs recorded $216.7 million in net inflows on Monday, reversing the…

Strive Adds 1,800 Bitcoin in 3M BTC Purchase

Strive, a publicly traded asset manager and Bitcoin treasury company, added 1,800 Bitcoin to its holdings last week, accelerating an accumulation strategy that has propelled it into the ranks of the world’s five biggest publicly traded corporate Bitcoin holders.The company…

Webull Expands Crypto Offering as Canada Adoption Grows

Webull, a self-directed brokerage and trading platform, is expanding its Canadian offering to include cryptocurrencies, adding Canada to a crypto footprint that already includes the United States, Australia and Brazil.The company announced Monday that its Canadian crypto offering will run…

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