Crypto Markets & On-Chain Ecosystem Developments

Western Union launched today a new stablecoin payout service called Receiver Redirect that enables faster settlement of international transfers. The service uses USDPT stablecoins and aims to reduce settlement time from several days to hours while lowering transaction costs. The solution is

Visa is in acquisition talks with crypto custody infrastructure firm Fireblocks, Axios reported on October 22 citing sources. One source told Axios the negotiations are in their final stages, with Fireblocks being discussed at a valuation of about $2.5 billion. The potential deal would accelerate Vi

Crypto Tax in India imposes a flat 30% tax on Bitcoin gains plus surcharge and cess, with a 1% TDS on trades above yearly thresholds, according to Section 115BBH of the Income Tax Act. The Income Tax Department classifies Bitcoin and other virtual digital assets (VDAs) under a dedicated tax regime t

According to a research report by DWF Labs released on Thursday, U.S. spot Bitcoin ETF daily inflows demonstrate no predictive power for subsequent Bitcoin price movements. The study, covering 694 trading days since the January 2024 launch of U.S. spot Bitcoin ETFs, found that investor behavior is r

Retail traders have exited Bitcoin futures markets, according to crypto commentator Ki Young Ju. This departure marks a stark contrast to previous market peaks when retail participants were heavily involved during bullish phases. The shift suggests cooling sentiment that may affect Bitcoin's

According to ChainCatcher, Zipcoin announced today that it is ceasing operations after its codebase and related private keys were fully breached. The team stated that attackers may now control project wallets and infrastructure. The project disclosed it was affected by the UNCX incident on

According to ChainCatcher, cryptocurrency asset management company Bitmine holds approximately 6.04 million ETH, representing 4.9% of total ETH supply and valued at around $14.5 billion. The company, led by chairman Tom Lee, has nearly reached the 5% supply threshold proposed by Vitalik Buterin,

Solana announced the speaker lineup for its Breakpoint 2026 event, scheduled to take place in 25 days. Confirmed participants include the City of London, the New York Stock Exchange, the National Basketball Association, and the World Series of Poker. The event will focus on discussions surrounding b

According to Solana's official announcement, the blockchain platform confirmed that major institutions including the City of London, NYSE, NBA, and World Series of Poker will participate in its Breakpoint 2026 event, taking place in 25 days on November 16. The high-profile lineup demonstrates

According to Blockaid, the WAX multichain bridge was exploited today (October 22), with attackers siphoning approximately 52,986 USDC, 21,558 USDT, 840 DAI, 2.55 WETH, and 0.11 WBTC across WAX, Solana, and Ethereum networks through five transactions. The attackers bypassed payment requirements

HSBC warned on October 21 that Ripple Prime's expansion into round-the-clock stock and commodity derivatives trading faces liquidity constraints that could prevent large financial institutions from fully adopting the service. The warning follows Ripple's October 15 launch of perpetual swaps linked t

U.S. spot XRP exchange-traded funds hold approximately $1.5 billion in assets, but investors face an estimated $375.5 million in unrealized losses, according to CryptoETF Today's October 20 dataset. The five covered funds have attracted $1.81 billion in cumulative net inflows since November 2025,

According to CoinDesk, on October 21, HSBC warned that thin liquidity could prevent large financial institutions from fully embracing Ripple Prime's new perpetual swaps service for round-the-clock stock and commodity derivatives trading. HSBC's head of digital assets research, Daragh Maher,

According to an official statement reported by BlockBeats on October 22, Gold House, a Web3 payment application, has signed an agreement to acquire THREESTONES VENTURES LTD, a Canadian money services business (MSB) company. The transaction is advancing to subsequent stages of the acquisition

BitGo launched BitGo Labs, a research and innovation unit focused on building applications for digital assets with an initial emphasis on artificial intelligence and crypto. The company's first disclosed consumer project is Gokubu, an AI-powered spending application and card that BitGo says is

Base announced a tokenization initiative recently, as shared by influencer @base on social media. The announcement, posted as tweet ID 2113220396774543559, received 269 likes and 18 retweets. Base operates as a platform focused on digital asset management and tokenization, enabling users to