Finance

Stablecoin payments infrastructure provider Rain has filed an application to establish a national trust bank headquartered in New York, adding to a wave of crypto companies seeking bank charters over the last year.  Rain said Monday it filed the application with the Office of the Comptroller of the Currency (OCC) to establish Rain National Trust … Read more

A Chinese organized crime syndicate laundered more than $1 billion stolen in multiple crypto exploits for North Korea’s Lazarus Group, according to blockchain investigator ZachXBT.  In an Oct. 5 thread on X, pseudonymous blockchain investigator ZachXBT said he posed as a paying client to infiltrate the money laundering network in February 2025, just days after … Read more

Fairshake, the political action committee (PAC) backed by contributions from Coinbase, Ripple Labs and Andreessen Horowitz, announced that it would initially spend a combined $6 million on six House of Representatives candidates out of 32 people the group planned to back ahead of the 2026 US midterm elections. On Monday, Fairshake said that it would … Read more

The Crypto Council for Innovation (CCI) has backed the Office of the Comptroller of the Currency’s (OCC’s) move to approve several charters for crypto companies, saying a lawsuit filed by the Independent Community Bankers of America (ICBA) was an attempt to stifle innovation.  On Monday, CCI CEO Ji Hun Kim said that the ICBA lawsuit … Read more

Bitcoin (BTC) is coming off its best third quarter since 2017, but extending the rally may prove more difficult as Treasury yields above 5% offer investors an increasingly attractive alternative to risk assets, according to Delphi Digital.  In its latest weekly newsletter, Delphi highlighted Bitcoin’s 43% gain in the third quarter, followed by a third … Read more

Japanese investment and Bitcoin treasury company Metaplanet introduced a net interest income strategy on Monday, seeking to invest capital in income-generating assets and use the net interest to fuel its Bitcoin accumulation and dividend payments. The move is part of the company’s revised capital allocation policy under which 10% to 15% of assets can move … Read more

Two years ago, then-presidential candidate Vivek Ramaswamy couldn’t stop praising the virtues of cryptocurrency. Running to be the 2024 Republican nominee in the race for the White House, Ramaswamy sprinkled his stump speeches with praise for Bitcoin (BTC) and token mining operations while strongly standing against central bank digital currencies. Now, presidential candidate Ramaswamy is … Read more

Greenfield Capital, an investor in Safe, says it has filed a supervisory complaint with Switzerland’s foundation watchdog, seeking changes to Safe Ecosystem Foundation’s board after months of engagement failed to resolve its governance concerns. In an open letter to the Safe community on Sunday, Greenfield founding partner Jascha Samadi said the complaint to Switzerland’s Federal … Read more