Crypto Markets & On-Chain Ecosystem Developments

BNY expanded its partnership with Ripple on October 27 to add institutional custody support for XRP and the dollar-backed RLUSD stablecoin on its Digital Asset Custody platform. The expanded collaboration builds on BNY's existing role as primary reserve custodian for RLUSD. According to the

According to ChainCatcher, prediction market platform Myriad announced that its admin wallet was compromised, resulting in the invalidation of 10 prediction markets. Affected users will receive automatic refunds calculated at prices before the attack, with already-claimed rewards deducted from the r

According to Bloomberg, Millennium Management, which oversees approximately $97 billion in assets, is developing tools on October 28 to use prediction market data as trading signals for its portfolio managers. The hedge fund is exploring data from Polymarket and Kalshi, with some managers

Yuliya Barabash, Founder and Managing Partner at SBSB Fintech Lawyers, stated that the Senate's failure to advance the CLARITY Act earlier in October 2026 should not halt crypto companies' U.S. expansion plans. The Senate did not reject the bill but failed to move it forward, leaving federal crypto

According to GMX, staking migration for GMX on Arbitrum and Avalanche will move to new contracts on October 28. Unstaking requires submission of an application with a minimum 80% staking weight threshold; tokens can be withdrawn after 180 days. Already-staked GMX and esGMX will remain unchanged and

According to GMX, the account transfer feature will be halted on October 28. The platform reminded holders that they do not need to migrate themselves and cautioned that any migration-related links encountered are

Ethereum developers resolved a vulnerability in the upcoming Glamsterdam upgrade that could have allowed block builders to withdraw ETH intended for staking validators. The fix was merged on October 26 following additional developer review and testing, after an initial proposal was rejected on Octob

Bitcoin analyst Willy Woo shared simulation results on October 27 showing Bitcoin could reach as high as $413,000 by 2028, according to Cointelegraph. The model estimated a potential 2028 peak ranging from $241,000 to $413,000. Woo stressed that the figures were the outcome of a simulation, not

According to Bitcoinist, Ethereum developers fixed a critical Glamsterdam upgrade vulnerability on October 26 that could have redirected validator staking deposits to builder-controlled accounts. Researcher Avsetsin identified a flaw in the proposed enshrined proposer-builder separation (ePBS)

According to Decrypt, NEXTPredict held a two-day summit in New York on October 22-23, bringing together over 2,000 prediction market professionals, 180 speakers and participants from 47 countries. The event took place less than two weeks before the U.S. midterms, with elections dominating

BlackRock signed a memorandum of understanding with Japanese financial giant SBI Holdings and blockchain developer Startale Group on October 27 to explore connecting tokenized money market funds with JPYSC, a regulated yen-denominated stablecoin. The agreement aims to examine technological

BlackRock, SBI Holdings, and Startale Group announced a memorandum of understanding on October 27 to explore connecting tokenized money market funds with JPYSC, a regulated yen-denominated stablecoin. The partners will examine technological infrastructure, business opportunities, and regulatory

According to Bitcoin Magazine, Bitcoin traded near $80,000 on Monday (October 26) as traders awaited the Federal Reserve's interest-rate decision ending October 28. The cryptocurrency has dipped below $80,000 multiple times in recent days but recovered each time. Spot Bitcoin ETFs recorded

According to crypto trader Ansem on October 26, Bitcoin and Ethereum could experience accelerated selling pressure, with $82,000 for Bitcoin and $2,400 for Ethereum identified as critical technical levels. Ansem highlighted weakening momentum and broken medium-term trends for both assets, with

Galaxy Digital reported $323 million in net income for the three months ended September 30, 2026, returning to profitability as gains on its investment portfolio and rising contributions from AI data centers offset continued pressure in its digital-assets operating business. The Mike Novogratz-led f

Ripple received final approval from the Office of the Comptroller of the Currency (OCC) on October 26, 2026, to establish a national trust bank. The institution will manage reserves backing Ripple USD (RLUSD) and provide digital asset custody services. XRP traded around $1.30 to $1.31 on October 27

According to Ripple's official announcement and U.Today reporting, the Office of the Comptroller of the Currency (OCC) granted final approval on October 26, 2026, for Ripple to establish a federally supervised national trust bank. The approved institution will manage segregated reserves backing Ripp