Samsung Wallet launches USDC accounts on Solana for US Galaxy users
Samsung Wallet's Stablecoin Account is now live for eligible U.S. Galaxy users, allowing them to use USDC on Solana.
The Block
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Eric Trump’s American Bitcoin swings to $126 million profit in Q3 on digital asset gains
American Bitcoin reported Q3 net income of $126 million, swinging from a $57.2 million net loss in the previous quarter.
Arkansas sues Kalshi, says its alleged illegal gambling operations cause mental harm
The lawsuit adds Arkansas to a growing list of states taking legal action against the prediction market platform.
The Digital Chamber calls Sherrod Brown’s win ‘most consequential unfavorable result’ for crypto
Democrats are set to reorient the crypto policy debate toward stronger consumer protections and regulatory accountability, the group said.
Crédit Mutuel Arkéa confirms cyberattack after ZachXBT flags $133M in suspected losses
Crédit Mutuel Arkéa did not confirm the exact amount of losses but validated the order of magnitude of the $133 million figure.
Democratic sweep of Congress forces crypto industry to rethink Washington strategy
After two years of a pro-crypto, pro-innovation climate in Washington, the digital asset industry faces a sharp political jolt.
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.
French Hill’s race still too close to call as House flips, changing the direction of crypto legislation
As of Wednesday afternoon, House Financial Services Committee Chair French Hill's race for reelection is too close to call.
Coinbase says 99% of customer assets sit in cold storage after Binance’s $6.3 billion breach
Coinbase says 99% of customer assets are in cold storage and it wasn't affected by the $6.3 billion Binance hack.
Schroders launches tokenized emerging markets debt fund on Solana with Centrifuge
The $1 trillion-plus asset manager brings its emerging markets bond strategy to Solana, expanding the range of onchain actively managed funds.
Circle reports $865 million in Q3 revenue and reserve income, discloses 5% workforce reduction
Circle reported $865 million in third-quarter revenue and reserve income and disclosed cuts affecting approximately 5% of its workforce.
BitGo launches institutional trading and financial solutions business led by former NYDIG executive
BitGo has launched Global Markets, an institutional trading and financial solutions business headed by former NYDIG executive Pete Janney.