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BitMine Will Stop Buying ETH at 5% of Supply, Tom Lee Says
TradFi & Fintech

BitMine Will Stop Buying ETH at 5% of Supply, Tom Lee Says

The company reported 6,016,414 ETH as of Oct. 4, while Lee estimates roughly 100,000 tokens remain before it reaches the ceiling.
Ledger Launches Wrapped-Bitcoin Loans Through Morpho
CeFi

Ledger Launches Wrapped-Bitcoin Loans Through Morpho

The wallet app defaults to 50% loan-to-value and charges a 1% borrowing fee, while pledged collateral remains subject to liquidation.
Moody's Rates Sky B3, Flagging Thin Capital Buffer
DeFi

Moody's Rates Sky B3, Flagging Thin Capital Buffer

The stable-outlook rating puts Sky in Moody's speculative-grade category, with roughly $90 million in equity against $10 billion in managed assets.
Kalshi Launches US 500 Perpetual Future With No Expiration
TradFi & Fintech

Kalshi Launches US 500 Perpetual Future With No Expiration

The stock-index contract uses daily funding payments and futures-account collateral; Kalshi displayed maximum leverage of 15.3 times on launch day.
Conduit Sues Tether Over $2.76 Million in Frozen USDT
Regulation & Politics

Conduit Sues Tether Over $2.76 Million in Frozen USDT

The payments firm seeks a court order restoring access to its treasury wallet, saying the loss of working capital has slowed client settlements.
Winklevoss Files for Zcash ETF With 0.25% Fee
TradFi & Fintech

Winklevoss Files for Zcash ETF With 0.25% Fee

Winklevoss Capital Fund has indicated interest in buying up to $100 million of shares, but the potential purchase is nonbinding.
Anchorage Digital Buys Routable to Add Corporate Payment Rails
TradFi & Fintech

Anchorage Digital Buys Routable to Add Corporate Payment Rails

Routable will operate under a new brand, with integrated stablecoin and tokenized deposit offerings rolling out over the coming quarters.
PLACEHOLDER - reused Firelight thumbnail from the Sept. 1 raise story, replace before publish
DeFi

Firelight Begins Writing DeFi Cover Backed By Staked XRP

The protocol's first cover positions went to two Sentora vaults, with payouts standing behind 50.2 million XRP staked on Flare. Claims are decided by a five-firm consortium on a three-of-five vote, and the coverage contracts' audits are listed as coming soon.
Agora’s OCC Approval Sets Up AUSD Move to a US Trust Bank
TradFi & Fintech

Agora’s OCC Approval Sets Up AUSD Move to a US Trust Bank

The planned bank would take over issuance and reserves from Agora’s Bermuda entity, but must meet capital, liquidity and compliance conditions before opening.
Tokenized Stocks Grew 395% in a Year While DeFi Use Stayed Under 3%
DeFi

Tokenized Stocks Grew 395% in a Year While DeFi Use Stayed Under 3%

RedStone's report puts lending collateral at roughly $81 million against $3.17 billion of supply, with leveraged equity exposure onchain sitting almost entirely in perpetual futures