Global banks commit $270M to stablecoin venture targeting 2027 launch
Project Faro, backed by Goldman Sachs, Citigroup and BBVA, has secured $270 million in funding to launch a US dollar stablecoin in the first half of 2027.…
Can crypto trust firms compete with banks in US derivatives settlements?
Crypto custodians are moving into a market handling billions in daily settlements, but regulatory relief and a shift in congressional control leave questions…
Across Protocol warns users to avoid app amid reports of drained wallets
The protocol is investigating a potential security incident affecting its domain, while several users have reported losing funds after interacting with the…
Ava Labs exec says NYSE deal marks end of blockchain’s ‘general purpose era’
Ava Labs’ John Nahas said the collaboration with the NYSE shows institutions moving past pilots toward purposebuilt onchain market infrastructure.…
Kimber Digital Securities gains broker-dealer status for tokenized assets
The Plume affiliate plans to offer tokenized US stocks, ETFs and bonds through selfcustodial wallets, with traditional shareholder rights preserved.…
Mercado Bitcoin to resume cash withdrawals after $49M hack
Starting next week, customers can deposit and withdraw money through Brazil’s instant payment system. Crypto transfers remain suspended. Source：Cointelegraph
Hot US inflation raises odds of half-point Fed hike in December
US inflation came in above forecasts in October, increasing expectations of a bigger rate hike in December and raising concerns for crypto investors.…
Polymarket US trading volume jumps 266% despite regulatory battles
Trading volume on Polymarket’s US exchange surged from June to October, fueled by sports betting, even as the platform faces mounting regulatory scrutiny.…
Bitcoin nears 11-week low after ‘discouraging’ US CPI inflation beat
Bitcoin and US stocks initially fall after October inflation tops forecasts, with traders expecting a quarterpoint Fed rate hike in December.…
Poland’s lower house backs sanctions bill covering crypto freezes
The bill is now before the Senate and would broaden the grounds for adding people and companies to Poland’s national sanctions list. Source：Cointelegraph
Bitcoin’s ‘best buying opportunity ever’ has arrived: Mark Moss
Bitcoin Opportunity Fund cofounder Mark Moss says that with banks and ETFs widening access to Bitcoin he expects a new record high in 2027. Source：Cointelegraph
Bitcoin may benefit as global tightening slows, Binance Research says
Binance Research says Bitcoin could find support as global monetary tightening slows, even as markets price in a December Fed rate hike. Source：Cointelegraph