Coinbase Says 99% of Customer Crypto Is Offline and Out of Hackers’ Reach
Coinbase told customers it wasn’t affected by the $6.4 billion Binance hack and detailed its security controls, including offline storage for over 99% of assets, split private keys and kill switches.
Morgan Stanley Tokenizes US Stocks and Treasuries Through DTCC’s New Service
DTCC's new service opened with 34 securities eligible to tokenize. About $30 trillion in assets it says are available to be tokenized.
Nasdaq Approves Listing of Canary’s Staked Injective ETF
The proposed INJC fund would stake at least 90% of its INJ holdings and charge a 1.10% annual sponsor fee.
Democrats eye crypto market structure bill with wider SEC role
TLDR: The crypto market structure bill under discussion could combine Waters’ consumer safeguards with provisions developed during earlier Senate negotiations. Democrats are considering a larger SEC supervisory role and a narrower CFTC remit, but the…
Six Days After Launch, Morgan Stanley Says It Is Using DTCC’s Tokenization Service
The bank's post gives no amounts, tickers or blockchain, and the tokens it describes are DTC-issued mirrors of securities the depository already holds. The post Six Days After Launch, Morgan Stanley Says It Is Using DTCC’s Tokenization Service appeared…
Crypto’s powerhouse super PAC suffers costly setback as Democrats sweep Congress
The industry's primary campaign arm had cultivated a reputation as an unstoppable force, but more than a third of its spending failed to hit the mark, especially in Ohio.
Bitcoin rebounds past $80,000 as markets shrug off midterms and Binance hack
Bitcoin rose 3.5% to $80,500 and ether jumped 6% after Democrats won Congress, while Bitwise says the Binance hack had limited market impact.
Block Books $764 Million for Planned DOJ Deal That Would Defer a Bank Secrecy Act Charge
Final terms and court approval are still pending. Block's bitcoin business, meanwhile, kept about 2.9 cents of gross profit per dollar of revenue in the third quarter, down from 5.1 cents a year earlier. The post Block Books $764 Million for Planned DOJ…
US Bank Regulator Issues First AI Framework as Banks Battle Rogue Agents
The OCC's first examiner guide weighs autonomy and financial harm, and directly addresses outside AI agents—the same risk that recently prompted major banks to restrict customer-account access.
Crypto Super PACs Back the Winning Side in 28 of 30 Called House Races, 1 of 4 Senate Races
An Unchained tally of FEC filings finds $21.9 million of the $89.5 million four crypto PACs spent on projected races since Sept. 1 was on the winning side. The post Crypto Super PACs Back the Winning Side in 28 of 30 Called House Races, 1 of 4 Senate…