Michael Saylor Clarifies Strategy's Plan to Sell Bitcoin for Dividends

KuCoin has introduced KuPool, a new mining pool service supporting assets like Dogecoin, Litecoin, and soon Bitcoin. The service offers a trust-based hash rate mechanism and deep integration with KuCoin and KuMining for the company says is fair reward distribution.

Neobank Revolut has obtained a MiCA license from the Cyprus Securities and Exchange Commission, allowing it to offer crypto services across 30 European countries. Revolut's wealth business, including crypto products, saw a 298% increase in revenue in 2024.

WazirX, India's former top cryptocurrency exchange, is set to resume operations on October 24 after a year of uncertainty due to a major security breach. The restart follows a court-approved restructuring under Zettai Pte. Ltd., the exchange's parent company, with plans for repayments and enhanced security measures in place.

Paxos CEO explained the accidental minting of $300 trillion worth of PayPal's stablecoin as a manual security lapse on Ethereum. The incident, though significant, did not result in any real losses and was quickly contained within the company's internal systems.

Hyperliquid's HYPE token is defying the market trend, with a 7% increase in 24 hours, while BNB Chain's Aster is down 7.6%. A corporate pivot involving Sonnet BioTherapeutics merging with Rorschach I LLC to form Hyperliquid Strategies Inc. will inject significant capital into the ecosystem.

Coinbase has introduced Payments MCP, allowing AI agents to conduct autonomous transactions using a standardized protocol. This system enables machines to create wallets, fund accounts, and make stablecoin payments seamlessly.

Despite the ambitious digital asset reforms by the Albanese government, crypto adoption in Australia has stalled. The fifth annual Australian Crypto Survey revealed that trust in digital assets is declining, with nearly 60% of adults expressing distrust.

A class action lawsuit alleges that Meteora founder Benjamin Chow orchestrated the launch of scam tokens like LIBRA and MELANIA, using public figures' credibility to deceive investors. The complaint points to Chow as the mastermind behind the fraudulent token schemes.

Max Glass, a former executive at RWA Company, filed a lawsuit alleging wrongful termination and coercion to sign away his rights for the company's stablecoin project, M^0. Glass claims fiduciary betrayal by RWA's executives, who diverted efforts from a stablecoin venture developed with CrossLend to create M^0.

Moon Inc. has successfully raised US$8.8 million to launch a Bitcoin prepaid card in Thailand and South Korea, with plans for expansion across Asia. The fundraising was supported by a consortium of Bitcoin miners and investors, marking a critical milestone for the company's growth.