Robinhood Chain slowdown spreads from fees to trading as transactions fall more than 40%
Daily activity has dropped from 10.8 million transactions to 6.2 million since midSeptember even as Robinhood keeps paying network fees on customer swaps.…
Visa survey says nearly half of APAC consumers open to using stablecoins by 2031
Visa’s survey of 14,250 people found interest in stablecoin payments is growing, though only 6% of respondents correctly understood how they work.…
Trump taps Russia to boost global diesel supplies ahead of midterms. It may be ‘too little, too late,’ says strategist.
The Trump administration has enlisted Russia to help boost U.S. and global diesel supplies in an effort to lower prices for the fuel ahead of the U.S. midterm…
US plans to seize $1B in crypto linked to Iran this week: Scott Bessent
The Treasury Department has announced several digital asset seizures related to sanctions on Iran as part of US sanctions. Source:Cointelegraph
New York permanently bars Celsius founder Mashinsky in $35M fraud settlement
The agreement resolves a 2023 civil fraud lawsuit against the Celsius founder and permanently bars him from the cryptocurrency, securities and commodities…
Here’s how Treasury yields could rise to 6% — even without market upheaval
The bond market will be closed on Monday for Columbus Day, but the stock market will operate normally. Source:MarketWatch
Country music star Zach Bryan buys $18 million, 40-acre Tennessee estate after getting married
Country star Zach Bryan has reportedly forked over $18.25 million for a sprawling estate in Franklin, Tenn.—months after tying the knot with Samantha Leonard.…
THORChain exec accuses Tether of temporarily freezing USDT vaults
Chad Barraford, technical cofounder of the network, said that the funds were frozen and then unfrozen without explanation. Source:Cointelegraph
Robinhood Chain considers technology that gives paying traders priority
Arbitrum recently replaced its Timeboost transactionordering system with a new model called Priority Gas Auctions. Source:CoinDesk
HSBC, Ant Digital test AI-agent payments using tokenized deposits
The technical trial showed how AI agents could discover services and make micropayments using HSBC’s tokenized deposits, with realtime settlement and risk…
Ledger investigates fund losses linked to Southeast Asian reseller, warns users
Hardware wallet maker Ledger probes losses tied to reseller CryptoBilis, as researchers separately estimate more than $72 million to $86 million in suspected…
More evidence that broad-market index funds remain unbeatable, even in the era of AI stock-picking
Even with the rising use of AI, picking marketbeating stocks has not become any easier this year, a new report finds. Source:MarketWatch