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Blockchain Addict

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What happened last night? 🌝 🏦 The #Fed kept its rates unchanged, between 3.75% and 4%, by a 10-2 vote. Two officials favored a hike. Fed Chair Kevin Warsh noted inflation remains too high. According to the CME FedWatch, markets estimated a 78% probability of a rate increase in December on Wednesday. 📉 This cautious tone weighed on crypto. #Bitcoin fell back below $80,000 (around $79,800, -1.6% over 24 hours), and #Ethereum declined toward $2,300. 📜 The #DTCC, which holds over $114 trillion in U.S. securities, has launched its tokenization service. Specifically, 34 equities, ETFs, and Treasury securities can now be converted into blockchain-based tokens and transferred 24/7. Twenty institutions have signed on, including J.P. Morgan and Citi. 💵 Moody’s assigned an A2 rating to Ripple’s stablecoin RLUSD—a “investment-grade” rating—indicating the agency views its reserves, primarily composed of Treasury securities and cash equivalents, as strong. 🚨 Singapore Police warned of tampered #Ledger wallets sold in stores, resulting in approximately S$3.5 million in thefts. According to Ledger, its chips and servers were not compromised—the tampering occurred after leaving the factory. Always purchase through official channels. 📅 Today’s key event: U.S. PCE inflation data. Have a great day!

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What happened last night? 🌝 🏦 #Ripple received final approval from the #OCC to establish a national trust bank in the United States. This federally regulated entity will manage reserves for the stablecoin #RLUSD (a dollar-backed crypto) and offer digital asset custody services to large enterprises. The issuance of RLUSD remains under the control of a regulated entity in New York. RLUSD represents approximately $2.5 billion. ⚠️ The DotSwap V1 protocol suffered an attack. Approximately 8.5 BTC (around $685,000) were stolen from liquidity pools via an outdated signature function. Losses affect liquidity providers on this version. 🔐 On Keystone, hackers allegedly stole a key used to verify the authenticity of hardware wallets, as part of the reported data breach. 📅 The #Fed meets Wednesday to decide on interest rates. The market widely expects no change. Have a great morning!

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What happened last night? 🌝 ⚠️ The #Initia network was halted following a security vulnerability. A hacker created counterfeit tokens with a reported value of approximately $7.48 million within seconds. Bridges connecting Initia to other blockchains then transferred about $2.73 million in real assets. The USDC reserve nearly dropped to zero. The network remains offline while damage is assessed. 🔐 Keystone users reported a data leak. The hardware wallet manufacturer had promised to delete certain data, but a breach on its website allegedly exposed it. 🚀 The a16z Crypto fund is rebranding as #a16z Frontier, expanding its scope beyond cryptocurrencies with a $2.2 billion vehicle. 📉 U.S. spot Bitcoin ETFs recorded approximately $636 million in net outflows on Thursday—the largest daily outflow of the month. Ether ETFs also saw outflows. Have a great morning! 🫡

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What happened last night? 🌝 📉 U.S. spot Bitcoin ETFs recorded approximately $636 million in net outflows on Thursday—the largest outflow of the month. BlackRock (IBIT) and Fidelity (FBTC) accounted for the majority of the redemptions. Ether ETFs also saw net outflows of around $111 million. October has turned negative for Bitcoin net flows. ⚠️ The #Initia network was temporarily halted following a security incident. An attacker allegedly minted tokens. Deployments are suspended pending analysis. 📋 #Ripple filed a comment on the SEC’s proposed Regulation Crypto Assets framework. The company supports the proposed framework but requests adjustments regarding the treatment of digital assets and secondary markets. It noted having spent over $150 million in its legal dispute with the regulator. 🔗 The activation of updates to the #XRP Ledger remains delayed until around November 4, following the reset of the countdown timer. Have a great morning, everyone!

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What happened last night? 🌝 🏦 The OCC has published the final rule implementing the GENIUS Act on stablecoins. It establishes reserve, redemption, and capital requirements for issuers under its supervision. The rule softens certain reserve constraints and evaluates third-party reward programs on a case-by-case basis. Effective January 18, 2027. 🚀 SpaceX and Tesla have formed independent committees to explore a potential merger, which would consolidate approximately 30,221 BTC held by both companies. No agreement has been reached. Musk is not involved in the discussions. 🔗 Updates to the #XRP Ledger remain scheduled for activation this Friday. The lending amendments are currently at about 19 votes out of the 29 required. Have a great day! 🙂

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What happened last night? 🌝 🇨🇭 The #FINMA has authorized the first spot Bitcoin ETF open to retail investors in Switzerland. The fund holds Bitcoin directly and benefits from a diversification exemption due to Bitcoin’s history and trading volume. It is classified as an “other fund for alternative investments.” FINMA reminds investors that the risk remains very high. Other applications are currently under review. The BBIT product from BIT Asset Management is expected to list on the SIX Swiss Exchange in November. 📋 The public consultation on the #SEC’s Crypto Assets Regulation closed on October 20. The proposal includes exemptions and a safe harbor for certain tokens. 🔗 Updates to the #XRP Ledger are still scheduled for Friday. The lending amendments are awaiting the remaining votes. Have a great day! 😉

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What happened last night? 🌝 🏦 JPMorgan has deployed its deposit token, #JPM Coin, on the Ethereum mainnet for its institutional clients. It represents U.S. dollar deposits held at the bank and enables 24/7 transfers. The token has been available on Base since November 2025. 🇫🇷 The French National Assembly adopted, in its first reading, an amendment making exchanges of cryptocurrencies for electronic money tokens, as defined by #MiCA, taxable starting January 1, 2027. The vote was decided by a margin of 38 to 37. The text is not yet final. 🔗 Bug fixes for the #XRP Ledger are scheduled to activate this Friday. Lending amendments remain at 19 votes, falling short of the 29 required to trigger the countdown. 📋 The Blockchain Association is requesting clarification from the U.S. Treasury on how DeFi protocols and foreign issuers will be treated under the implementation of the GENIUS Act on stablecoins. 🔗 Evernorth has filed a prospectus for approximately 11.5 million XRPN shares to strengthen its XRP cash reserves. Have a great day! 😉

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What happened last night? 🌝 📊 The U.S. September CPI is being released today at 2:30 PM. The consensus expects headline inflation near 3.7%. A higher figure would increase the likelihood of another rate hike in late October. 🇵🇭 Coins.ph, the Philippines’ largest crypto platform, risks losing its license. The central bank accuses it of ties to offshore gaming operators. It serves over 18 million customers. 🇯🇵 Metaplanet plans to issue ¥52 billion (approximately $329 million) in convertible bonds to refinance bitcoin-backed loans and repurchase its own shares. The stock has fallen nearly 90% from its peak. 🇷🇺 The Russian Central Bank has authorized #Sberbank to offer crypto exchange services—the country’s largest bank. ⚖️ A UK court ruling strengthens the government’s position to retain $5 billion in seized bitcoins. Have a great morning, everyone!

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What happened last night? 🌝 📅 Today marks the first anniversary of the October 10, 2025 crash. On that day, over $19 billion in positions were liquidated within 24 hours. Current leverage remains significantly lower than at that time. 💥 Approximately $1.1 billion in positions were liquidated in 24 hours, with $1.05 billion on longs—the highest total since August. 📤 Short-term holders transferred 55,600 bitcoins to exchanges at a loss on Thursday. While transferring to an exchange doesn’t necessarily mean a sale, the volume exceeds that of June’s pullback. 🏦 Bitcoin spot ETFs recorded another $244 million in outflows on Thursday, following $485 million on Wednesday. October is now firmly in negative territory. 🔗 Anchorage Digital has joined Hashi, Sui’s corporate treasury program. Two pathways will allow businesses to use Bitcoin as collateral starting this month. Have a great morning!

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What happened last night? 🌝 🔐 Vitalik Buterin warns: AI could undermine Euclidean networks, including ML-DSA, within two years. ECDSA may also be compromised sooner than expected. He advises against rushed migrations. 🐧 Abstract, the chain behind Pudgy Penguins, shuts down after two years of losses. 💥 Over $550 million in positions liquidated in 24 hours, nearly all on longs. 🇰🇿 Tether is exploring with Kazakhstan’s central bank a stablecoin pegged to the tenge. 🇹🇷 Yapı Kredi is preparing a regulated crypto trading offering in Turkey, partnering with Integral for pricing and liquidity. Have a great day!