The Block
Patrick Witt exits White House crypto role as Clarity Act stalls
Leadership at the White House is shifting once again, as Patrick Witt’s tenure as the administration’s top crypto adviser comes to an end.
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The Block
Major shareholder presses SkyAI on Solana sales after treasury shrinks 70% in a month
SkyAI's SOL treasury fell 70% in under a month, with 400,000 SOL unexplained. Bastion Trading won't tender at $3 a share and wants $3.50.
SOLSKYAI
The Block
‘You’re committing crime in broad daylight’: Kalshi CEO defends prediction markets amid insider trading concerns
As insider trading concerns are accumulating, one of the biggest platforms said its markets make it easier to suss out bad actors.
The Block
Bitcoin falls below $82,000 as hotter core CPI revives Fed hike concerns
Bitcoin dropped below $82,000 after September's core CPI beat forecasts as analysts weigh price targets and an October hike.
BTCCORE
The Block
Hex and PulseChain founder Richard Heart detained in Istanbul: reports
Turkish reports say $4 million and 64 watches were seized. Police have yet to confirm Heart’s detention.
The Block
Standard Chartered pushes $2 trillion stablecoin market forecast to 2030 as supply growth stalls
Standard Chartered Bank has pushed its $2 trillion stablecoin market forecast to 2030 from 2028 because supply growth has stalled this year.
The Block
StarkWare launches OffMarket to let Polymarket users trade more privately
StarkWare has opened OffMarket to the public, allowing Polymarket users to trade without publicly linking positions to their accounts.
The Block
Strive buys $235 million in bitcoin as warrant exercises yield $369 million
Strive acquired 2,822 bitcoin for $235 million following $369.2 million in gross proceeds from traditional warrant exercises.
The Block
BNY, Citadel Securities complete Treasury repo in first use of tokenized assets on major triparty platform
BNY and Citadel Securities completed the first tokenized U.S. Treasury repo workflow on a major triparty platform.
The Block
Strategy’s preferred stock financing may cost it bitcoin, K33 argues
K33 argues Strategy could accumulate more bitcoin over time by relying on common stock issuance rather than preferred shares.
The Block
DriveWealth to use Ripple’s RLUSD for stablecoin settlement, cross-border payments
DriveWealth will use Ripple's RLUSD on the XRP Ledger for stablecoin settlement, collateral funding and custody, starting in Europe.
The Block
Polygon Labs completes Coinme acquisition, bringing regulated payments coverage across 48 US states
Polygon Labs completed its Coinme acquisition, bringing 37 state money transmitter licenses into its stablecoin payments infrastructure.
MATICPOL
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