Digital assets, cryptocurrencies, blockchain, and currency news.
Key Highlights: Large-scale investors accumulated 16.46 million XRP tokens over five days ahead of November 8, even as prices dipped beneath $1.30. Crypto exchange Binance recorded its largest single-day whale inflows since 2024, absorbing 691 million XRP valued at roughly $900 million. Technical support collapsed as XRP failed to defend key thresholds at $1.25 and ...
Key Highlights: The Internal Revenue Service (IRS) is ramping up the distribution of Letter 6174 notices to cryptocurrency holders across the United States. Tax expert Donnelly warns taxpayers against panicking or rushing to amend prior filings, noting that the notices do not automatically signify wrongdoing or trigger immediate penalties. Prominent industry figures, including Ripple CTO ...
Key Highlights: European trading venue 21X and LayerZero reported that a private, permissioned deployment of Zero processed 10,000 order matches per second during a month-long technical pilot. The trial tested a fully onchain central limit order book focusing on US equity tokens, achieving a reported 45-fold performance improvement over an EVM layer-two baseline. While the ...
Key Highlights Chainalysis identified an on-path attack that intercepted customer credentials and confirmed it is directly notifying affected Know Your Transaction (KYT) users. Core tools including Reactor, KYT, and Address Screening returned to operational status on November 7 under gated, phased security protocols requiring credential and IP updates. The disruption comes amid rising stakes in ...
Key Highlights: Asset management giant Schroders is partnering with Centrifuge to tokenize its Schroder International Selection Fund Emerging Market Bond strategy on the Solana blockchain. Marking Schroders’ debut on Solana, the initiative brings an actively managed traditional fixed-income strategy onchain rather than a crypto-native asset basket. While Solana provides high throughput and low fees, tokenization ...
Key Highlights: Ava Labs has been selected to provide the core ledger technology for the clearing firm powering an upcoming digital trading platform developed by an affiliate of the New York Stock Exchange (NYSE). The architecture adopts a multi-chain issuance framework where equities can originate across various blockchains while using a dedicated Avalanche ledger for ...
Key Highlights: Canada proposes legislative amendments preventing federally regulated financial institutions from directly issuing stablecoins, steering issuance to dedicated non-financial subsidiaries. The Bank of Canada will oversee the regime by registering issuers, enforcing compliance, and monitoring issuance and redemption risks. Full implementation of the broader regulatory framework is targeted for fall 2027 following Royal Assent ...
Key Highlights: Former Ethereum Foundation staff member Fulton has filed an 11-claim lawsuit alleging wrongful termination, disability discrimination, and retaliation under federal and Colorado law. The dispute originated around the organization’s controversial “Mandate” document, which featured a disputed “Source Seppuku License” that prompted staff pushback and an internal protest petition. Fulton asserts she was dismissed ...
Key Highlights: Ondo Finance reported that its tokenized real-world-asset (RWA) products have surpassed $4 billion in aggregate value, encompassing 484 distinct assets and over 565,000 onchain holders. According to a corrected November 5 announcement citing RWA.xyz data, Ondo ranks first among 203 tracked platforms by market capitalization of tokenized products, representing about one-tenth of non-stablecoin ...
Key Highlights Sharplink expanded its Ethereum treasury to approximately 892,708 ETH (valued at $2.1 billion) as of September 30, later climbing to roughly 895,117 ETH by November 2. The firm deployed yield-generating strategies, including a $200 million staking allocation via Lido into wstETH and a joint $125 million fund with Galaxy Digital. Selling, general, and ...
Key Highlights: Securitize has reached an agreement to acquire River Credit Labs (River One) to enter and expand within asset-backed lending. River One provides software that connects institutional stablecoin liquidity to traditional credit mechanisms, including warehouse financing facilities. The deal was revealed alongside Securitize’s third-quarter earnings on November 9, with a scheduled closing timeline set ...
Key Highlights: Major cryptocurrency firms, including Coinbase, Ripple, and Circle Internet Group, are integrating into federal banking oversight through Office of the Comptroller of the Currency (OCC) national trust bank charters. A series of preliminary and final clearances under President Donald Trump’s administration and the GENIUS Act have extended federal trust status across stablecoin management, ...