Day: November 3, 2025

TON Strategy Reprimanded By Nasdaq Over Toncoin Deal

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TON Strategy, a publicly traded company that accumulates Telegram-linked Toncoin tokens and previously operated as Verb Technology Company, has been reprimanded by Nasdaq over rule violations related to its Toncoin purchases. Nasdaq has issued TON Strategy a letter of reprimand in connection with its $272.7 million Toncoin purchase and associated private investment in public equity (PIPE) financing. According to Nasdaq, TON Strategy failed to obtain shareholder approval for stock issuance under the PIPE financing to purchase Toncoin (TON), Nasdaq stated in an 8-K filing with the US Securities and Exchange…

Will This Major Ripple Announcement Be a Game Changer for XRP?

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XRP is on the verge of a big move, but in which direction? Months after the initial announcement about the purchase of Hidden Road, the financial technology company behind XRP has reaffirmed its presence in the US with the launch of digital asset spot prime brokerage for the local market. Its statement reveals that US-based institutional clients will now be able to execute OTC spot transactions across dozens of the largest digital assets, including Ripple’s own XRP and the RLUSD stablecoin. “The launch of OTC spot execution capabilities complements…

BlackRock deposits 1,198 Bitcoin and 15,121 Ether into Coinbase

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Key Takeaways BlackRock moved 1,198 Bitcoin and 15,121 Ether to Coinbase today. The transactions were part of BlackRock’s institutional crypto operations, utilizing Coinbase Prime. Share this article BlackRock, the world’s largest asset manager, deposited 1,198 Bitcoin and 15,121 Ether on Coinbase today as part of its ongoing institutional crypto operations. As of October 31, BlackRock’s iShares Bitcoin Trust held over 801,000 Bitcoin, while its iShares Ethereum Trust managed nearly 4 million Ethereum. The transfers highlight BlackRock’s continued use of Coinbase Prime for large-scale digital asset movements. The asset manager has…

Tokenized Treasuries cross $8.6B as banks and exchanges push collateral use

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From yield to collateral: The $8.6 billion turning point Tokenized U.S. Treasuries, the largest class of real-world assets (RWA) after stablecoins, have entered a new phase. Tokenized money-market funds (MMFs), which pool cash into short-term U.S. government securities, are shifting from passive yield to collateral for trading, credit and repo transactions.  As of late October, the total market cap of tokenized Treasuries reached $8.6 billion, up from $7.4 billion in mid-September. The increase was led by BlackRock’s BUIDL, which reached about $2.85 billion, followed by Circle’s USYC at $866 million…

Eightco’s INFINITY authentication pilot integrates Coinbase for secure digital asset workflows

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Key Takeaways Eightco has developed INFINITY, an AI-resistant authentication solution targeting financial services and digital assets. Coinbase has joined Eightco’s INFINITY Authentication Pilot program to enhance secure digital asset workflows. Share this article Eightco, a Nasdaq-listed company developing AI-resistant authentication solutions for financial services and digital assets, today announced that Coinbase has joined its INFINITY Authentication Pilot program for secure digital asset workflows. INFINITY is designed to provide AI-resistant verification, enabling platforms to defend against deepfake risks and synthetic ID fraud in crypto environments. The pilot program focuses on proving…

How the Trump Family Turned Crypto Into an $800M Windfall

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Key takeaways Reuters estimates Trump-linked ventures earned $802 million in crypto in early 2025. Income came from WLFI tokens, the TRUMP coin and USD1 stablecoin yields. Alt5 Sigma’s deal and foreign buyers helped turn token value into cash. As US crypto enforcement eased, experts noted possible conflict concerns. In the first half of 2025, Trump-linked ventures booked roughly $802 million in crypto income, primarily from World Liberty Financial (WLFI) token sales and the Official Trump (TRUMP) memecoin, dwarfing revenue from golf, licensing and real estate. Reuters’ investigation and methodology papers…

Crypto Lobbying Accelerates Amid Rising Political Influence In Washington

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Crypto’s relationship with Washington is rapidly evolving as the industry takes a more assertive role in US politics, signaling a shift from outsider status to growing influence across the federal landscape. This week on Byte-Sized Insight, we examine how lobbying, political spending and access are reshaping crypto’s presence in the Capitol and what that may mean for decentralization, market competition and future policy. Presidential pardons  The recent presidential pardon of Binance co-founder Changpeng Zhao catalyzed the conversation, prompting scrutiny into whether crypto’s expanding political footprint is driving outcomes. While some…

DeFi Needs Higher Certainty, Not Higher Yield

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Opinion by: Robin Nordnes, co-founder and CEO of Raiku Many decentralized finance (DeFi) diehards assume that the future of institutional adoption will be driven by sparkly, sky-high yields. The reality is that the mainstream will be most impressed with consistency and reliability. DeFi opened the door for ordinary people to access financial tools that were previously reserved for institutions. For the first time, anyone could invest their money in open markets from anywhere in the world. That was a massive step forward. The same openness that made this possible came…

Strategy Increases Its Bitcoin (BTC) Holdings

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Despite BTC’s price decline, the company is sitting on a massive profit of more than $20 billion (at least on paper). Strategy – the software company co-founded by Bitcoin proponent Michael Saylor – has established a buy-and-hold BTC course of action over the past several years. It has the tradition to announce new purchases each Monday, which began after the US elections last year, and there was no surprise today. The firm revealed on its official X account that it has bought 397 BTC for approximately $45.6 million at…

BitMine Immersion boosts Ether holdings by 82,353 ETH in a week

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Key Takeaways BitMine Immersion increased its Ethereum holdings by 82,353 ETH in a single week. This acquisition is part of the company’s strategy to become a top corporate holder of Ethereum. Share this article BitMine Immersion, a publicly traded immersion technologies firm chaired by Tom Lee, increased its Ethereum holdings by 82,353 ETH over the past week. The company has been building a massive Ethereum treasury to capture a large share of the cryptocurrency’s supply. The acquisition reflects BitMine Immersion’s strategy to position itself as a leading corporate holder of…