Trading
DeFi
XRP holders can now earn fees from Kraken’s DeFi customers, but there is a catch
Firelight turns a portion of USDC vault yields into income for XRP-linked collateral providers, exposing their holdings to losses from covered exploits.
ETF
XRP’s 13-week ETF inflow streak ends as Bitcoin and Ethereum withdrawals continue
Ethereum accounted for 56% of weekly net withdrawals across the four tracked US ETF categories. XRP funds recorded $1.84 million in net redemptions.
Mining
Cipher’s $850 million AI bet deepens investor scrutiny as Bitcoin miner’s stock plunges 52%
The company issued 40.7 million shares to retire old debt while taking on fresh borrowing, raising the stakes for its expanding data-center business.
Bankruptcy
Mt. Gox creditors face another year of waiting as repayment deadline slips to 2027
The collapsed exchange has extended its repayment deadline for a fourth consecutive year, citing unfinished creditor procedures and payment-processing problems.
Analysis
CryptoQuant CEO sees $30,000 Bitcoin floor even if ETFs and treasury firms exit
CryptoQuant CEO Ki Young Ju argues Bitcoin could find support near $30,000 after a hypothetical institutional exit, countering Mike McGlone's $10,000 forecast.
Stablecoins
USDC processed $36 trillion in H1 transactions, but Circle kept just 7 cents of every revenue dollar
Circle's latest disclosure reveals the enormous cost of distributing and operating its stablecoin as competitors promise partners a bigger share of earnings.
AI
OpenAI’s rogue crypto agent spent funds without permission, exposing risks to autonomous wallets
The model accessed a funded Ethereum testnet wallet and justified spending its assets, raising questions about financial safeguards as AI agents gain control of money.
Digital Asset Treasuries
MSCI’s new rules could squeeze Strategy’s Bitcoin buying machine
The final affected companies will be named on Nov. 11. A smaller MSTR premium could make common-stock funding for Bitcoin purchases less attractive.
Crime
Microsoft exposes how USDT-funded phishing network targeted 75,000 organizations
Criminal suppliers accepted stablecoin payments for compromised cloud accounts and phishing tools, prompting a coordinated infrastructure and financial crackdown.
Wallets
Ledger wants customers to trust its new $849 device as criminals compromise existing wallets
Atom introduces a physical anti-tamper shield, but the launch comes as Ledger restricts reseller sales following the discovery of modified devices.
Macro
Bitcoin’s $100,000 dream slips away as $939 million crypto wipeout pushes traders toward $78,000
Bitcoin briefly crashes below $80,000 as accelerating inflation forces traders to abandon bullish targets, with a $12 billion options expiry adding to market uncertainty.
People
Trump’s crypto bill loses its White House negotiator as Patrick Witt exits
Patrick Witt has confirmed his departure while the CLARITY Act remains stalled. The SEC and CFTC are pursuing crypto rules under their existing powers.
