Hyperliquid has received its first 14.58 million USDC reserve-yield payment, marking the activation of a new revenue stream intended to finance HYPE token buybacks independently of the decentralized exchange’s trading volumes.Onchain data showed 14,580,777.21 USDC arriving at Hyperliquid’s system interest address on October 3. The payment represents the first distribution under the network’s AQAv2 framework,
Binance will introduce new controls on cross-border cryptocurrency transfers involving Brazilian users from November 1, requiring customers to disclose who is sending or receiving the assets and why the transaction is being made.The change does not amount to a blanket prohibition on moving cryptocurrency between Brazil and other countries. Instead, Binance is implementing requirements under Central
U.S. crypto ETF flows diverged sharply on Friday, October 2, with Bitcoin funds extending their rebound, Ether products remaining under redemption pressure and Solana ETFs returning to marginal inflows.Farside Investors currently reports $31.7 million of Bitcoin inflows, but that figure excludes BlackRock’s IBIT because its October 2 entry remains blank. An independent ETF dataset reports
OKX and New York Stock Exchange parent Intercontinental Exchange (ICE) are moving to launch a regulated tokenized-stock trading platform in the United States, filing with the Securities and Exchange Commission as Wall Street accelerates its shift toward blockchain-based securities.Their joint venture, OKXICE LLC, notified the SEC on October 4 that it intends to operate a
Blockworks is bringing its Digital Asset Summit to Singapore for the first time, placing a one-day institutional programme alongside TOKEN2049 at Marina Bay Sands. The speaker list includes executives from Hyperliquid, Coinbase Institutional, BitGo, Kraken, Binance, Fidelity Investments, BlackRock and Robinhood, with sessions focused on stablecoins, tokenised markets, decentralised finance, regulation and asset allocation.The move
BNB has climbed back above $800, extending its latest recovery as buying returned to large-cap cryptocurrencies and traders reassessed the outlook for the BNB Chain ecosystem.The token crossed the $800 threshold during October 5 trading after building momentum alongside a broader recovery in digital assets. Bitcoin was simultaneously attempting to break through the $87,000 region,
Bity is ending its crypto services in Brazil, but its two customer groups have different destinations and deadlines. Bitybank users can opt to move to Mercado Bitcoin, while BityPreço users are being offered an integrated migration to Bipa.Bity reports about 850,000 users across its business and more than R$1 billion under custody. The figure should not be
W Group expands hashbank as a bridge between traditional banking and Web3, connecting regulated fiat services with external blockchain wallets.W Group has announced the next stage in the development of hashbank’s digital banking model, connecting regulated fiat banking services with external blockchain wallets and crypto platforms. The fully licensed bank enables customers to receive digital
Congress is considering legislation that would broaden and clarify the ability of U.S. banks and credit unions to hold digital assets, issue stablecoins and use blockchain technology, potentially bringing crypto infrastructure more directly inside the regulated banking system.The proposals would establish clearer statutory treatment for activities that have previously depended heavily on guidance from individual
The U.S. Securities and Exchange Commission has proposed a new framework that would allow investment advisers and regulated funds to hold crypto assets through expanded custody options, including certain forms of adviser self-custody and state trust companies acting as custodians.The proposal seeks to update federal custody rules that were largely developed before digital assets existed,