Crypto.com has received conditional approval from the U.S. Office of the Comptroller of the Currency (OCC) to charter Foris Dax National Trust Bank, taking a significant step toward becoming a federally regulated qualified custodian.

The acquisition closed on Friday and should enable Kraken to work closely with token teams early in development.

The shares dropped after the company reported large losses and announced leadership changes.

Contagion fears rise as the Susquehanna-backed lender and trading provider cites liquidity issues.

Eligible clients can now use tokenized money market funds as off-exchange trading collateral.

The Korean crypto exchange intended to send 2,000 WON to some users but accidentally sent 2,000 BTC instead.

The feature allows CEX users to copy top traders on the largest perp DEX.

CoinRabbit stands out for instant liquidity, Crypto.com caters to CRO holders, Compound offers algorithmic DeFi lending, Unchained specializes in Bitcoin-backed loans, and Binance provides seamless integration within its ecosystem.

The Oct. 10–11 crash exposed weaknesses in exchange risk systems.

Brian Armstrong responds to community feedback about the Base App, which now blends finance and social features.