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2026/10/29

Visa's Annualized Stablecoin Settlement Rate Surpasses $25 Billion

Visa CEO Ryan McInerney told analysts on Tuesday that Visa's annualized stablecoin settlement run rate exceeded $25 billion, approximately ten times the year-earlier level. The run rate extrapolates recent transaction volume over 12 months. The analyst call did not connect that measure to Visa's for

Visa's Stablecoin Settlement Volume Surpasses $25 Billion Annually

Visa CEO Ryan McInerney told analysts on Tuesday that Visa's annualized stablecoin settlement run rate exceeded $25 billion, approximately ten times the year-earlier level. The run rate extrapolates recent transaction volume over 12 months. The analyst call did not connect that measure to Visa's for

Singapore Police Report 3.5 Million SGD Loss from Compromised Ledger Wallets

Singapore police report that tampered Ledger wallets caused losses of approximately S$3.5 million. According to Jinsecai, on October 29, Singapore police issued a statement announcing that since September 10, they had received at least two cases involving tampered Ledger cryptocurrency hardware wall

RLUSD Becomes First Stablecoin to Receive Moody’s Investment-Grade Rating

Ripple's dollar-pegged token earns a milestone credit assessment, prompting fresh questions about XRP's price trajectory.Ripple's stablecoin, RLUSD, has reportedly earned an investment-grade rating from Moody's, making it the first stablecoin to receive such a designation. The news was reported by C

Canadian man sentenced to 25 months for $3.8 million crypto fraud scheme

According to ME News, on October 29 (UTC+8), a U.S. federal judge in Miami sentenced 20-year-old Canadian man Trenton Johnston to 25 months in prison. Johnston had pleaded guilty to participating in a money laundering conspiracy and surrendered approximately $3.8 million in stolen cryptocurrency. In

DTCC Launches Tokenization Service, Not Full U.S. Stock Market On-Chain

TL;DR On October 28, DTC, a subsidiary of DTCC, launched its tokenization service, with 20 participating institutions signing access agreements. On-chain tokens are digital replicas of ownership interests in custodied securities; the security identifiers and rights remain unchanged, and no new secur

KuCoin Migrates SKYAI (SKYAI) from Alpha to Spot Trading on October 29, 2026

Derived from Announcement, KuCoin has announced that SKYAI (SKYAI) will be migrated from KuCoin Alpha to the KuCoin Spot Trading market on October 29, 2026. Trading on Alpha will close at 8:00 UTC, and assets will be automatically transferred to users' trading accounts before 10:00 UTC. SKYAI will t

Utah Files 14 Criminal Charges Against Prediction Market Platform Kalshi and Two Co-Founders

BlockBeats report, on October 29, the state of Utah filed 14 criminal charges against the prediction market platform Kalshi and its two co-founders, Tarek Mansour and Luana Lopes Lara, including one felony charge of engaging in a continuing pattern of illegal activity, twelve charges of promoting on

The Trump administration's equity holdings span more than 40 companies, involving $30 billion.

ChainThink reports, according to The Wall Street Journal, since Trump began his second term, the U.S. government has announced 43 transactions involving stocks or warrants, covering more than 40 companies.According to the Council on Foreign Relations, the related transactions involve approximately $

Utah Files Criminal Charges Against Prediction Market Platform Kalshi and Two Co-Founders

According to CoinDesk, Utah has filed criminal charges against the prediction market platform Kalshi (KalshiEX LLC) and its co-founders, Tarek Mansour and Luana Lopes Lara, alleging they illegally promoted gambling in the state. Prosecutors have brought a total of 14 charges, including one felony co

South Korean AI chip startup FuriosaAI’s valuation surges to $2.9 billion following new funding round

CoinMarketCap reports:IT Home, October 29: According to Bloomberg's report on the 28th, South Korean AI chip startup FuriosaAI has completed a new funding round, raising its valuation to $2.9 billion (IT Home note: approximately RMB 19.374 billion at current exchange rates), nearly quadrupling its p

Gene Munster Warns AI Bots Threaten Amazon and Alphabet

Investor Gene Munster warned on Wednesday that personalized AI bots could weaken Amazon's position in online shopping and Alphabet's position in search. Munster expressed increased concern about both companies. Munster, managing partner at Deepwater Asset Management, said bots will simplify product

Obama Defends Cheesecake Factory Joke Amid Political Backlash

CoinDesk reports:Barack Obama wants to be clear: like many other fathers, he also loves The Cheesecake Factory.On Wednesday, in Atlanta supporting Democratic candidates, the former president defended his “record” regarding the California-based chain restaurant. Last Saturday, Obama said at a campaig

Honeywell Aerospace Shares Drop 2.73% After Hours Despite Q3 Earnings Beat

Honeywell Aerospace shares dropped 2.73% to $172.19 in Wednesday's after-hours trading despite third-quarter earnings exceeding expectations. Benzinga Pro data show that the stock had finished the regular session at $177.03, a gain of 5.44%. Shares of the Arizona-based aerospace and defense company

GMO cyberattack impacts Japanese credit market; bond spread widens 52 bps in five days

According to ME News, on October 29 (UTC+8), risks stemming from a cyberattack on a publicly listed subsidiary of Japan’s GMO Internet Group are spreading to Japan’s credit market. Data shows that the yield spread on GMO Internet Group’s yen bond maturing in June 2031 widened to approximately 174 ba

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