Coinbase powers Citi’s new stablecoin rails, and corporate banking faces a major shift
Coinbase Virtual Accounts also gain automatic fiat conversion through Citi infrastructure, while customer usage remains undisclosed.
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US bank group taps Quant for tokenized deposits, but QNT’s role is left in doubt
The planned bank network has a software supplier and a 2027 target, but no disclosed formula for QNT purchases.
Compound DAO used protocol reserves to buy $52 million worth of COMP, and delegates call it a mandate breach
Bitquery says 344,780 COMP pushed supporters above half of delegated voting power; the Foundation says the move fit its DAO mandate.
Robinhood Chain’s $1.5 billion boom is attracting memecoin rug factories
A second suspected memecoin rug factory has surfaced on Robinhood Chain as the fast-growing network attracts increasingly coordinated scam activity. On Sept. 28, blockchain security firm GoPlus said it identified a high-risk operation behind hundreds of memecoins that routed more…
Nearly 5,000 BTC leaves Bitget as hackers begin laundering $387 million haul
Nearly 5,000 Bitcoin has left Bitget’s tracked reserves after the crypto exchange reopened withdrawals following its $387.5 million hack. On Sept. 28, Bitget Chief Executive Officer Gracy Chen said the exchange had processed 9,585 withdrawal orders totaling 4,098.036 BTC as…
Strategy makes first back-to-back Bitcoin buys since June as accumulation picks up
Michael Saylor-led Strategy (formerly MicroStrategy) has made back-to-back weekly Bitcoin purchases for the first time since June, rebuilding its holdings after selling some of the cryptocurrency earlier this quarter. On Sept. 28, the company said it acquired 1,665 Bitcoin for $142.7 million…
Lido’s 1,500 ETH reserve target could slow stETH withdrawals in a crunch
The setting remains at 1,500 ETH, but the committee’s unexecuted plan would shift deposit priority as a new staking module approaches.
Bitget says Bitcoin withdrawals are open after $387M hack, but ETH and USDT must wait
Sept. 28 public fills show BTC and ETH futures activity before the scheduled 08:00 UTC Bitcoin withdrawal restart.
Brazil’s $252 billion crypto market gets $10,000 self-custody reporting rule
Central bank-authorized institutions must notify Coaf when transfers to or from user-controlled wallets meet the threshold.
USDT grew on Ethereum through 2024, but smart contract holdings stalled, BIS data show
Ethereum's historical contract-held share fell as issuance expanded, while Tron's hovered near 1% in the study.
Russia lets crypto exchanges apply October 5 – but even Bitcoin lacks final retail clearance
Applications can begin under the new rules, while firms still need Bank of Russia decisions and retail asset eligibility remains separate.
OKX US to sell USD trading bot positions if users miss Sept 30 deadline
Grid and Smart Portfolio holdings face automatic sales if affected bots remain on old USD pairs.