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The Federal Reserve Board will host a conference on payments innovation on October 21, focusing on emerging technologies in U.S. payment systems. Governor Waller emphasized the importance of improving safety and efficiency in payments through innovation and collaboration with industry experts.
Bitcoin's hash rate hit a new high of 1.279 zettahash per second, surpassing 1 ZH/s for seven days. Miners face challenges with energy costs and reduced rewards post-halving, prompting some to explore high-powered computing.
Portage Biotech, now AlphaTON Capital Corp., is transitioning to a digital asset treasury focused on TON. The firm raised $100 million for this purpose, with plans to actively participate in the TON ecosystem.
Compass Point analysts initiated coverage of Bullish with a neutral rating and a $45 price target, expressing concerns about its ability to enter the U.S. market due to regulatory uncertainties and New York's BitLicense restrictions. Despite Bullish's high valuation, analysts see potential if it secures a U.S. license.
Collector Crypt's CARDS token on Solana saw a market cap increase to $85 million from $23 million in a day. The project offers NFT packs redeemable for physical Pokémon trading cards and operates a marketplace for trading rights to the cards.
Treasury, a euro-denominated Bitcoin treasury company, secured €126 million in funding from Winklevoss Capital and Nakamoto. It aims to list on Euronext Amsterdam and accumulate Bitcoin as its primary reserve asset.
The team behind Solana meme coin TROLL has secured a six-figure deal with Trollface creator Carlos Ramirez for exclusive rights to use the iconic meme in their project. Ramirez will also earn an 11% royalty fee on future TROLL merchandise net revenue.
Ondo Finance has introduced tokenized versions of over 100 U.S.-listed stocks and ETFs on Ethereum, exclusively for non-U.S. investors. The tokens are backed by real assets held at U.S.-registered broker-dealers, aiming to make assets tradeable globally.
The Ethereum validator entry queue reached its highest level in two years, with 860,000 ETH worth $3.7 billion waiting in line. Processing the queues may take up to 14 days due to daily entry and exit limits set by the network.
U.S. Bank has resumed its crypto custody services, offering Bitcoin custody and support for ETFs to institutional investment managers. The bank paused the service in 2022 due to regulatory issues but restarted after the SEC rescinded a bill in January.