Summary: Ripple National Trust Bank received final OCC approval, completing its chartering process after conditional approval in December 2025. The bank will manage RLUSD reserves and custody, while issuance remains with NY-regulated Standard Custody & Trust Company.
Summary: Canada's draft stablecoin rules cap redemption fees at 1% and ban holder yield, requiring one-to-one reserves with Canadian custodians. Published Oct 24, the regulations target fall 2027 implementation, with penalties up to C$10 million for serious violations.
Summary: bitcoin++ plans a 13-day Antarctic expedition conference for early 2028, offering 22 spots with fares up to $16,700. The event pairs technical workshops with outdoor activities, requiring separate insurance and allowing bitcoin payments for discounts.
Summary: Unitree Robotics shares jumped nearly two-thirds since mid-October, reaching a $40.8 billion valuation as investors bet on AI-driven physical robotics. JPMorgan upgraded the stock to overweight, citing progress in large model integration despite noted security flaws in the company's humanoid units.
Summary: Injective launched the Super Intelligence Compute Index, a perpetual futures market tracking rental prices for five Nvidia GPUs. The index weights H100 at 40% and B200 at 25%, allowing traders to hedge AI computing costs with up to 10x leverage using USDC.
Summary: The OCC encourages community banks to apply as payment stablecoin issuers under finalized GENIUS Act rules effective January. This push aims to expand the issuer base amid banking group objections and ongoing lawsuits over crypto charter advantages.
Summary: The NBA signed a memorandum of understanding with the CFTC to share information and combat fraud in prediction markets. This follows similar agreements by MLB and NHL, occurring amid a jurisdictional fight where the NFL opposes federal regulation through court battles.
Summary: Canada opens a 60-day consultation on stablecoin rules for non-bank issuers, proposing a yield ban and mandatory Bank of Canada registration. Officials cite alignment with the US GENIUS Act to ease multi-jurisdictional compliance burdens.
Summary: Coinbase Institutional Co-CEO Brett Tejpaul reports seven mega-banks using their infrastructure, citing stablecoin payments as the key driver. He describes a "Kodak moment" for banks while noting Bitcoin's performance remains disappointing to institutions.
Summary: SpaceX secured $40 billion in GPU leases via Apollo, leveraging its investment-grade status and non-AI revenues. Meanwhile, Elon Musk warns that pure-play AI cloud providers face severe consolidation as debt markets shut off funding for companies lacking diversified income sources.
Summary: Polymarket assigned Lula a 20% win probability despite his eventual victory, sparking debate over whether retail traders or Brazil's prediction market ban caused the mispricing. Experts cite low liquidity and lack of local insight as key factors.
Summary: Anthropic filed an S-1 with the SEC for a Nasdaq IPO, targeting a mid-November debut under ticker ANT. Despite reporting $16 billion in H1 2026 revenue, the AI firm disclosed an $80 billion net loss while holding over $112 billion in cash.
Summary: CoinDCX confirmed losing 15.99 million USDT ($16 million) due to a failed sweep of retired wallets, reversing CEO Sumit Gupta’s earlier “false alarm” claim. The incident brings the exchange’s total losses since July 2025 to nearly $60 million.
Summary: South Korean officials are weighing a delay of the country’s 22% crypto income tax from January 2027 to 2029. The move aims to align with the US adoption of the OECD’s Crypto-Asset Reporting Framework, facilitating necessary cross-border tax information sharing.
Summary: Brazil's stocks plunged over $200 billion as Lula defeated Bolsonaro, defying prediction markets that favored the senator. The Ibovespa hit a circuit breaker, while Bolsonaro now seeks to annul the election, adding political risk to the economic fallout.
Summary: Immunefi CEO Mitchell Amador warns of a "vulnerability apocalypse" driven by PHP flaws, noting that patching lags behind AI-assisted discovery. Users should assume sites are compromised for weeks as small websites delay upgrades, risking crypto wallet security.
Summary: S&P Dow Jones Indices partners with Kalshi to settle financial event contracts using official index values. The deal allows Kalshi to become a preferred platform for these contracts, while both firms explore creating new indexes based on prediction market data.
Summary: Strategy halted Bitcoin purchases for the first time since mid-September, spending $204.9 million to buy back STRC preferred stock instead. This action reduced USD Cash to $242.4 million amid looming MSCI index exclusion risks.
Summary: Researcher log4j claims to have reverse engineered a 2025 Samsung TV's firmware, revealing an always-on microphone and extensive user tracking. Experts note these features are often buried in privacy policies, suggesting data collection helps keep TV prices low.
Summary: Bernstein predicts Robinhood's prediction markets will generate $1.7 billion by 2028, exceeding crypto revenues. This segment is expected to comprise 18% of total revenue, driven by growing event contract volumes ahead of the company's Q3 report.