Monday, October 12

Business

ETH Outperforms BTC As Investors Turn Attention Toward TradFi Adoption

Key takeaways:BitMine’s aggressive ETH accumulation has reinforced the $1,500 support despite $8B unrealized losses.Glamsterdam upgrade and Robinhood Chain launch signal stronger TradFi focus for Ethereum’s base layer.Ether (ETH) price rallied 15% in five days, distancing itself from the $1,500 low…

Kraken Seeks Delaware Judgment After M Arbitration Win

Payward, the parent company of crypto exchange Kraken, has won a $22 million arbitration award against former auditor Mazars USA and asked the Delaware Court of Chancery to enter judgment on the award, according to a letter published Tuesday by…

USDT Leads Payments, USDC Dominates DeFi

The world’s biggest stablecoins are increasingly becoming chain-specific financial products, with Tether’s USDt (USDT) and Circle’s USDC (USDC) serving distinct roles across the crypto ecosystem rather than competing head-on.Dune’s Digital Asset Brief found that USDT overwhelmingly dominates onchain payments. During…

Tether Invests in Mercado Bitcoin to Grow Tokenized Finance

Tether has invested $20 million in Brazilian crypto platform Mercado Bitcoin to support the company’s expansion into tokenized assets, stablecoin payments, lending and other blockchain-based financial services across Latin America.Since its 2013 launch, Mercado Bitcoin has expanded beyond crypto trading…

What Most RWA Investors Are Missing

After the 2008 Great Financial Crisis, regulations forced European banks to hold more capital against riskier loans. As a result, SME loans became less attractive because they carried similar underwriting and monitoring costs as larger loans but generated lower absolute…

Coinbase Gets UK License for Multi-Asset Trading Push

Coinbase announced it secured a United Kingdom investment services license, allowing the platform to expand its local offering beyond spot trading and into products like equities and derivatives. On Tuesday, Coinbase said the authorization would enable UK users to trade financial…

Ctrl Wallet Announces Shutdown Weeks after Security Exploit

Non-custodial multichain cryptocurrency wallet Ctrl Wallet will shut down its services, weeks after a security exploit, and told users on Tuesday to withdraw their assets within the next month.Ctrl Wallet reported a security issue on June 23 effecting some Cardano…

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