Author: James Wilson

Coinbase has built partnerships with PNC, JPMorgan Chase, and Citi covering Bitcoin trading, account funding, and stablecoin payments, with PNC’s service allowing eligible private banking clients to buy, sell, and hold BTC inside its digital banking platform. Summary PNC’s eligible private banking clients can buy, sell, and hold Bitcoin through its digital platform. Chase’s Coinbase agreement covers credit card funding, rewards redemption, and direct bank account connections. Citi’s collaboration supports virtual accounts and merchant stablecoin payments, with settlement in traditional currency. Stablecore’s technology reaches over 3,000 institutions, though that figure does not represent signed Coinbase partners. PNC announced the Bitcoin…

The NBA has named Kalshi and Polymarket its two preferred prediction-market exchanges, giving both platforms access to official league data and U.S. marketing rights as Kalshi faces a Utah lawsuit seeking up to $61.2 million in allegedly unlawful fees. Summary Kalshi and Polymarket have both become the NBA’s preferred prediction-market exchanges. Both platforms will receive official Sportradar data and rights to promote their NBA partnerships. The agreements prohibit NBA personnel from trading league contracts and require suspicious-trading information sharing. The NBA has signed a separate CFTC cooperation agreement and expanded its DraftKings partnership. The NBA announced the agreements on Oct.…

Vangrid has opened a USDC-funded market for smartphone footage of real places, with a public post citing more than $675,000 in settlements for captures turned into 3D models. Summary Vangrid lets buyers commission smartphone captures of real locations and receive reconstructed 3D models. Accepted bounties settle in USDC on Base or Arc, with funds held in escrow. Vangrid’s $50 bounty example pays contributors $40 after platform fees and reconstruction costs. AI agents can post capture requests through x402, with default bounties ranging from 50–5,000 USDC. Vangrid described the service in an Oct. 20 X post, saying a requester can commission…

Chainlink has introduced CustodySync with Anchorage Digital Bank as its launch partner, giving institutions a way to borrow from decentralized lending markets against assets held in qualified custody. Summary Chainlink has introduced CustodySync to connect institutional assets held in qualified custody with DeFi lending markets. Anchorage Digital Bank is the launch partner, using Atlas to manage collateral and loan operations. Transfer-restricted receipt tokens represent custodied collateral onchain, while Chainlink supplies matching prices to both systems. Appointed collateral agents handle liquidations, with CustodySync recording committed sale proceeds onchain before final settlement. Chainlink said in its Oct. 26 announcement that CustodySync connects…

Injective has launched a perpetual futures market tracking rental prices for five Nvidia GPUs, offering up to 10x leverage against its new Super Intelligence Compute Index. Summary Injective’s SICI perpetual market offers up to 10x leverage, with USDC used as margin. H100 rentals carry a 40% weighting in the index’s basket of five Nvidia GPUs. LO:TECH calculates the benchmark hourly using a seven-day average of weighted rental-price data. Index methodology changes will create separate versions without replacing the existing live series. Injective said in its Oct. 26 announcement that the SICI market is live on mainnet, uses USDC as margin,…

Hyperliquid has outlined Payward’s plan to become its first CFTC-regulated HIP-3* market deployer, with Kraken’s parent seeking to offer onchain perpetual futures to US clients through Bitnomial, subject to regulatory approval. Summary Payward plans regulated US perpetual futures on Hyperliquid through Bitnomial, subject to regulatory approval. NinjaTrader Clearing would carry client accounts, with trading restricted to customers on both entities’ allowlists. HIP-3* permissioning remains optional, leaving existing markets unchanged while preliminary specifications undergo testnet review. Bitnomial would create and administer the proposed markets, taking responsibility for contract clearing and settlement. Hyperliquid said in an Oct. 26 X post that Bitnomial…

Canada has opened a 60-day consultation on proposed stablecoin regulations that retain its ban on issuer-paid yield and require reserves to be held with qualified Canadian financial institutions. Summary Canada’s stablecoin consultation runs until Dec. 23, covering reserve custody, redemption rights and issuer obligations. Issuers cannot pay yield on holdings, but transaction-based rewards remain permitted under the draft. Redemption fees would be capped at 1%, with fiat transfers initiated within three business days. Foreign non-financial issuers serving Canadians fall within the framework, regardless of their stablecoin’s reference currency. The Department of Finance published the draft in the Canada Gazette on…

The U.S. Commodity Futures Trading Commission has advanced a voluntary federal registration pathway for crypto exchanges, Chairman Mike Selig has said, as Congress has yet to enact a crypto market-structure law. Summary Federal registration would offer a pathway for exchanges providing leveraged, margined, or financed retail crypto trading. Financing offers could bring some fully paid transactions into the contemplated federal framework. Exchange safeguards would address token listings, customer funds, conflicts, and proof of reserves. Dec. 14 is the comment deadline stated in the published Federal Register notice. In an Oct. 26 X post, Mike Selig said that the agency is…

Bitmine Immersion Technologies has purchased another 10,452 Ethereum over the past week, bringing its total holdings to 6.05 million ETH. Summary Bitmine purchased another 10,452 ETH over the past week, bringing its total Ethereum holdings to 6.05 million tokens worth approximately $14.26 billion. The company now controls 4.95% of Ethereum’s total supply and is approaching its long standing target of owning 5% of all ETH. Bitmine repurchased 2.04 million shares over the past week, taking its total buybacks in 2026 to 22.9 million shares worth $399.6 million. More than 5.22 million ETH are currently staked, with Bitmine estimating annualized staking…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. XRP lost momentum after a brief rebound to $1.40, subsequently falling below $1.29. XRP was not alone, as the cryptocurrency market once again came under selling pressure.  Reports indicated that more than $220 million in cryptocurrency long positions were liquidated within 12 hours as Bitcoin and Ethereum fell to around $81,000 and $2,300, respectively. Meanwhile, large XRP holders have been transferring their XRP to exchanges. According to crypto analyst Darkfost, they transferred $112.4 million worth of XRP to Binance,…