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Bitcoin

Ledger adds Bitcoin-backed loans through Morpho to its wallet app

Ledger has introduced Bitcoin-backed borrowing through Morpho in its wallet app, allowing eligible users to pledge cbBTC or wBTC for USDC or USDT loans. Ledger, in a press release dated Oct. 7, said Crypto Loan would begin a gradual rollout…

Regulation

US Senate Findings Put GCC Stablecoin Transactions Under Spotlight

The U.S. Senate findings linking stablecoins, particularly tether, to Iran’s shadow banking network could increase compliance pressure on licensed VASPs across the Gulf region. Legal expert Soham Jethani warns that receiving local currency does not shield merchants from sanctions exposure, as liability can arise at multiple points in a transaction. US Senate Inquiry Heightens Sanctions […]

Exchanges

Robinhood adds Bitcoin to balance sheet with $25 million purchase

Robinhood has added $25 million worth of Bitcoin to its balance sheet as the trading platform puts company capital behind a crypto business spanning trading, tokenized stocks, derivatives and blockchain infrastructure. According to Robinhood senior vice president and general manager…

Bitcoin

Ripple Gets a Korean Brokerage Onboard as XRP Beats Bitcoin on Upbit

Ripple’s strategic partnership with Meritz Securities, signed by President Monica Long in Seoul, was announced earlier today. The development landed as XRP overtook bitcoin as the most-traded asset on Upbit. The Signing The agreement was signed at Meritz Securities’ headquarters in Yeouido, Seoul’s financial district, by Meritz Chief Executive Jang Won-jae and Ripple President Monica […]

Exchanges

XRP ETFs Logged 12 Straight Weeks of Inflows Then XRP Hit $1.45

U.S. spot XRP exchange-traded funds added $3.14 million on Oct. 6, led by a $10.55 million day for Bitwise, hours before a flash crash dragged XRP from $1.52 to $1.46. The Day in Three Lines Tuesday’s flows were small in total but uneven underneath, with Sosovalue data recording the following movements: Bitwise XRP ETF: +$10.55 […]

Bitcoin

Bitcoin Price Slips Below $84K as 20-Minute Flush Erases $400M in Longs

Bitcoin dropped about $1,765 in roughly 20 minutes early Wednesday, sliding under $84,000 and taking more than $400 million in leveraged long bets with it, three days before the anniversary of crypto’s worst liquidation day. The 20 Minutes The descent started quietly at 01:45 UTC on Oct. 7, with a fifteen-minute stretch seeing BTC slip […]

Projects

Ripple expands South Korea footprint through Meritz Securities partnership

Meritz Securities has signed a strategic partnership with Ripple to explore bringing institutional digital asset custody and tokenization infrastructure into South Korea’s capital markets. According to Meritz Securities, the agreement will cover a review of Ripple Custody and the company’s…

Macro

Why is crypto market going down today?

Crypto prices fell as oil climbed, Treasury yields and the dollar rose, while more than $400 million in leveraged longs were liquidated.

Exchanges

Why did the US government send $71M in Bitcoin to Coinbase Prime?

US government linked wallets have transferred $103 million in Bitcoin and BNB, sending more than $71 million in BTC to Coinbase Prime as the transaction raises questions over whether the assets could be headed for a sale. According to on…

Macro

IRS lets qualifying crypto trusts stake assets without losing tax status

The U.S. Internal Revenue Service has updated its safe harbor allowing qualifying investment and grantor trusts to stake proof of stake digital assets without jeopardizing their federal income tax classification. According to Revenue Procedure 2026-20, issued on Oct. 6, the…

Projects

Web3 Firms Urged to Treat AI Agents as Workforce Members

A new report advocates treating artificial intelligence agents as members of the workforce, noting that they have evolved from issuing passive threat alerts to carrying out autonomous actions. Liability Remains With Human Managers Agentic artificial intelligence (AI) is fundamentally shifting cybersecurity, anti-money laundering and compliance from supportive toolkits into autonomous operational actors. Moving beyond passive […]

Macro

So-Called Crypto ‘Godfather’ Gets 78 Months as $37M Meta Fraud Unravels

Adam Iza called himself “The Godfather” and used money from a roughly $37 million Meta advertising fraud to hire off-duty Los Angeles County sheriff’s deputies. Five former deputies have since been convicted. On Oct. 5, a federal judge sentenced Iza to 78 months and ordered $23.4 million in restitution. The prison term runs alongside a […]