Crypto trading giant GSR's new vault business is a $100M bet on onchain credit
The firm is putting its own capital into stablecoin and tokenized gold vaults as institutional finance moves further onchain. Source：CoinDesk
Crypto card access doesn’t match global demand, Tangem says
Crypto card demand can be stronger where access is harder, Tangem says, as the company expands its selfcustodial payment offering through Visa.…
Live updates: Cryptos tumble, with ETH down 5% as Tom Lee confirms buying limit
Traders betting on higher prices took the brunt of forced selling as interest rates spiked upwards on Wednesday. Source：CoinDesk
Liquidations jump to $547 million as oil rally hits crypto market
Bitcoin fell below $84,000 as oil climbed on Iranian tanker attacks, while smaller tokens fell harder and liquidations rose to $547 million. Source：CoinDesk
‘Old money’ has stronger Bitcoin ‘diamond hands,’ says BingX exec
BingX strategy chief Kevin Lee says wealthy investors are taking a longerterm approach to Bitcoin, though familyoffice crypto exposure remains limited.…
Crypto liquidations hit $550M as Bitcoin price dips below $84K
Bitcoin fell 2.3% in two hours amid suspicion over the appearance of leveraged BTC short positions on Hyperliquid. Source：Cointelegraph
Rain is seeking a national trust bank charter to bypass third-party banks
The stablecoin payments company’s proposed New York trust bank would custody digital assets and dollars, manage stablecoin reserves and issue and redeem…
Robinhood adds bitcoin worth $25 million to its balance sheet
Robinhood has added bitcoin worth $25 million to its balance sheet, senior vice president and general manager of crypto and international, told the Starting…
Russia clears first crypto exchanges, custodians under new law
Russia registered its first crypto exchanges and custodians, including its largest bank, Sberbank, which plans to launch crypto products on Dec. 1.…
U.S. government moves over $100 million in BTC and BNB. A sale hasn't been confirmed
Wallets linked to the U.S. government moved millions in crypto on Tuesday, according to data tracked by Arkham. Source：CoinDesk
Pudgy Penguins-backed Abstract to shut down after ‘tens of millions’ in losses
Igloo CEO Luca Netz said the company funded Abstract for 18 months but still failed to find productmarket fit despite attracting major brands and a community…
Affluent investors seen boosting crypto exposure: Survey
Most affluent investors across seven countries own and are increasing their crypto holdings despite financial advisers who remain overly cautious about digital…