Latest

Markets
Cross-Border Stablecoin Flows Jump 77.5% but Remain Concentrated
Chainalysis identified 4,708 new country-to-country routes, but they carried just $2.64 billion of the $220.3 billion measured total.

Hacks
Payy Halts Network After $1.92 Million USDC Drain
The initial proceeds were converted into about 683 ETH, with most then sent to three wallets. Payy has paused deposits, withdrawals and card payments.

Regulation & Politics
New York Sues Polymarket US Over Unlicensed Gambling
Attorney General Letitia James asks a Manhattan court to shut the CFTC-designated exchange out of the state, award three times its gains, and impose $100,000 for each sports contract it offered.

Markets
Ondo Leads An Overnight Altcoin Bid As Bitcoin Holds Near $84,000
Ondo rose more than 20% after putting three BlackRock-designed portfolios onchain. Litecoin added 18% with no announcement behind it. Bitcoin and ether traded lower while 51 of 60 large-cap tokens screened on Kraken sat above their 00:00 UTC open. The 10-year Treasury par yield closed Wednesday at 5.11%, and Polymarket now prices an October rate increase at 68%.

Regulation & Politics
SEC’s Peirce Urges Zero-Knowledge Proofs to Reduce KYC Data Collection
Peirce also wants institutions to reuse identity checks rather than repeatedly store customer details. Her privacy proposals do not change existing compliance rules.

TradFi & Fintech
Only Four of Top 20 Crypto Treasury Firms Trade Above Holdings Value: DWF
Discounts undermine share-funded token accumulation, though Strategy’s latest filing shows purchases can continue using existing cash.

TradFi & Fintech
Ondo Launches Tokenized Portfolios Built on BlackRock Strategies
Three portfolio tokens are available on Ethereum and BNB Chain for eligible non-US investors. BlackRock supplies the models; Ondo manages the products.

Blockchains
Arbitrum Replaces Timeboost With Per-Transaction Priority Auctions
Priority fees and paid Fast Feed subscriptions allocate 97% of proceeds to the DAO treasury and 3% to the Arbitrum Developer Guild.

Regulation & Politics
Trump Administration Weighs Overseas Stablecoin Push: Report
Treasury, State and DFC could participate in public-private ventures aimed at strengthening the dollar and demand for US debt.

Tokens
Variational Sets Q4 VAR Launch With 32% Airdrop
Points distributions will continue at 150,000 a week until launch, while team and investor tokens face a 12-month lock.





