Wall Street’s biggest balance sheets are quietly rebuilding the crypto stack under the banner of tokenization and custody.
What began as a defensive stance toward digital assets is turning into an infrastructure shift: bringing fund administration, cash management, and settlement onto blockchain rails that look more like BNY Mellon’s LiquidityDirect platform than a typical crypto exchange.
Since...
Moon Inc. (HKEX: 1723), formerly HK Asia Holdings Limited, has raised about US$8.8 million through new shares and convertible notes and will roll out a Bitcoin prepaid card across Asia, positioning a Hong Kong–listed issuer on retail cash rails.
The company secured roughly HK$65.5 million via a private placement, combining the allotment of new shares with convertible notes that expand balance...
Geneva, Switzerland – October 22, 2025 – Leading blockchain firms Messari, Presto Research, and RWA.io have released comprehensive research reports highlighting TRON’s sustained network growth and its expanding influence across global markets. Collectively, the reports underscore TRON’s dominance in stablecoin infrastructure, its strengthening role as a global settlement layer for digital...
When Kadena Organization, the company behind the Kadena blockchain, announced it was shutting down operations on Oct. 21, the message was formal, quiet, and devastatingly simple.
The company thanked its community, cited “market conditions,” and confirmed that it would cease all business activity and maintenance of the blockchain immediately.
In a final note on X, the team reminded users that the...
An Amazon Web Services disruption on Oct. 20 knocked out MetaMask and other ETH wallets displays and slowed Base network operations, exposing how cloud infrastructure dependencies ripple through decentralized systems when a single provider fails.
AWS reported a fault in its US-EAST-1 region starting at 03:11 ET, with DNS and EC2 load-balancer health monitoring failures cascading into DynamoDB and...
Randomness powers everything from loot drops to respawns to bonus triggers, but players only trust it when they can see how it affects the game. If random events appear out of nowhere, people are more likely to assume manipulation is occurring somehow. If, on the other hand, the interface clearly shows what happened, why it happened, and what comes next, players accept randomness as part of the...
After years of venture-funded dominance, Coinbase is reviving the idea that crypto projects can raise money directly from their users.
The US-based exchange announced on Oct. 21 that it acquired Echo, a community-fundraising platform founded by veteran investor Jordan “Cobie” Fish, in a $375 million deal to rebuild fairer, on-chain capital markets.
According to the exchange:
“Echo believes in...
Bitcoin and gold have told two different stories so far in October, and neither matched what traders expected.
For most of October, Bitcoin and gold looked like they were living in different markets. Gold climbed steadily, adding about 10% over the last month, while Bitcoin slipped roughly 6%.
That divergence is interesting on its own, but the timing matters even more, because the story people...
Bitcoin (BTC) forced the closure of $740 million in leveraged positions on Oct. 21 as the price swung from $110,552 to $114,019 before retreating toward $108,000, executing a classic short-squeeze followed by long liquidations that cleared excessive derivatives exposure.
Data from Coinglass shows $435.63 million in long positions and $304.64 million in shorts eliminated during the 24 hours.
When...
After four straight sessions of redemptions that pulled over $1.2 billion from spot Bitcoin ETFs, US issuers saw a sharp reversal on Oct. 21, bringing in $477.2 million in new inflows. It was the first positive print since Oct. 14 and the largest single-day net gain in two weeks.
BlackRock’s IBIT led the recovery with +$210.9 million, followed by ARK Invest’s ARKB (+$162.9 million) and Fidelity’s...