All news
Moody’s assigns investment-grade rating to Ripple’s RLUSD stablecoin
Ripple’s RLUSD has secured an A2 long-term and Prime-1 short-term deposit rating from Moody’s, marking the first time a stablecoin has received an investment-grade assessment under the agency's new framework for fiat-backed digital assets.
BNB Chain Smart Contract Deployments Surge to 12.3 Million in Q3
BNB Chain recorded 12.3 million smart contract deployments in the third quarter of 2026, a near-tripling from the 4.5 million logged in Q2. While the network saw a surge in automated activity and tokenized-equity trading, the massive increase in deployments occurred alongside a 14% decline in daily active addresses.
Circle and ACI Worldwide Test USDC Settlement in Colombia
Colombia will serve as the testing ground for a new proof of concept between Circle and ACI Worldwide, designed to integrate dollar-backed stablecoins into established banking infrastructure. The initiative aims to demonstrate how financial institutions can adopt USDC for treasury and payment operations without abandoning their current legacy systems.
Trust Wallet Issues Alert Over Fraudulent Cryptocurrency Card Scheme
A sophisticated phishing site is aggressively promoting a fake Trust Wallet payment card, dangling unrealistic perks like an 8% cashback rate and $100,000 spending limits. Security researchers and company officials confirmed the platform is a malicious attempt to drain user assets through deceptive wallet connection requests.
Stripe Launches Fee-Free Instant B2B Transfers via Profile Handles
Stripe has debuted a new B2B transfer plug-in that allows businesses to send funds instantly using public profile handles rather than traditional bank details. The service aims to streamline account-to-account payments, bypassing the manual friction typically associated with verifying recipient data and routing information across conventional financial networks.
Bitcoin Whales Shift Half a Billion in Assets to Coinbase Prime
Three Bitcoin whales moved 6,168 BTC, valued at approximately $498.5 million, into Coinbase Prime overnight. The massive transfer arrives as the cryptocurrency struggles to maintain momentum, hovering near $80,800 after a week of downward pressure and inconsistent institutional inflows.
Four Financial Firms Hit by Data Breaches
Coinbase, Bithumb, Mirae Asset, and Daishin Securities have confirmed separate security incidents, exposing varying levels of customer information. While the scope of the leaks ranges from contact details to sensitive credit records, firms are scrambling to contain the fallout and reassure users that core trading infrastructure remains intact.
Vanguard and JOHCM Expand Fixed Income and Emerging Market Offerings
Vanguard is targeting income-seeking investors with the launch of its USD High Yield Corporate Bond Fund, while J O Hambro Capital Management has introduced an Irish-domiciled UCITS fund focused on emerging market equities, marking a strategic expansion for both asset managers in the competitive wealth advisory space.
Argentina Launches Citizenship-by-Investment to Shore Up Public Debt
Argentina has officially entered the global citizenship-by-investment market, offering wealthy foreign nationals a direct path to a passport in exchange for capital. The move aims to stabilize the national treasury as the government faces $25 billion in foreign-currency debt payments due in 2027.
UBS Posts Profit Jump Amid Swiss Regulatory Tensions
Zurich-based UBS reported a 27 per cent surge in third-quarter pre-tax profit to $3.59 billion, comfortably outpacing analyst expectations. While the bank’s global wealth management arm attracted $55.1 billion in new assets, the robust financial performance unfolds against a backdrop of intensifying friction over impending Swiss capital requirements.
Executive Appointments Across European and Middle Eastern Finance
A fresh wave of leadership changes is reshaping wealth management firms across Europe and the Middle East, as Close Brothers, Broadridge Financial Solutions, and Fasanara Capital announce key strategic hires to bolster their agricultural, regulatory, and credit portfolios in an increasingly complex global market.
Lynq and ZeroBeta Integrate Tokenized Treasuries on Avalanche
Financial institutions can now leverage tokenized U.S. Treasuries as collateral for loans and margin trading without sacrificing interest yields. A new partnership between Lynq and ZeroBeta connects institutional settlement infrastructure on Avalanche with the BlueShift risk management platform, enabling assets to remain locked in escrow while actively securing financial positions.
Core DAO Leadership Shifts as Independent Validators Seize Control
Core DAO early contributors Rich Rines and Brendon Sedo have stepped down, marking a pivotal transition as the Bitcoin-focused blockchain pushes to hand operational control to independent validators and community members. The move follows a series of network adjustments aimed at fulfilling the project's foundational commitment to full decentralization.
Spiral warns Bitcoin is losing the race for everyday payments
Despite seven years of infrastructure upgrades, Bitcoin is failing to gain traction as a medium of exchange. Spiral, a Bitcoin-focused development group under Jack Dorsey’s Block, warns that stablecoins have effectively outpaced the network in commerce and AI-driven transactions, leaving the primary cryptocurrency relegated to a store-of-value asset.
Brazilian Firms Pivot to Stablecoins After Lula Election Victory
Corporate accounts accounted for 78% of trading on Mercado Bitcoin during the October 25 presidential runoff, as businesses scrambled to hedge against currency volatility. The move followed Luiz Inácio Lula da Silva’s victory, which triggered a 14% plunge in the Ibovespa index and an 8% surge in the dollar against the real.
Flávio Bolsonaro Flees to US Amid Criminal Probe
Less than 24 hours after promising to face money laundering and corruption allegations in Brazil, Senator Flávio Bolsonaro has left the country for the United States. His departure follows a decisive election loss to President Luiz Inácio Lula da Silva and a direct order from the Supreme Court to surrender his passport.
Brazil Bars Jair Bolsonaro From Public Office for Eight Years
The Superior Electoral Court in Brazil ruled Friday to strip former president Jair Bolsonaro of his eligibility to hold public office until 2030, citing his systematic abuse of power and the dissemination of baseless claims regarding the integrity of the nation’s electronic voting system during his term.
Lula Returns to Power as Brazil Turns the Page on Bolsonaro
Thousands flooded the streets of Brasília on Sunday to mark the return of Luiz Inácio Lula da Silva to the presidency, a jubilant celebration that simultaneously signaled the end of Jair Bolsonaro’s far-right administration, which concluded with the former leader retreating to Florida rather than participating in the transfer of power.
Brazil Court Sentences Former President Bolsonaro to 27 Years
Jair Bolsonaro faces 27 years and three months in prison after Brazil’s Supreme Court convicted him and seven associates of orchestrating a military coup and assassination plots against President Luiz Inácio Lula da Silva. The ruling marks a definitive legal confrontation with the legacy of the country's far-right movement.
New Footage Challenges DHS Account of Minneapolis Shooting
A newly surfaced video of the fatal encounter between federal agents and 37-year-old Alex Jeffrey Pretti in Minneapolis directly contradicts official Department of Homeland Security claims. The footage, captured from a sidewalk vantage point, shows Pretti attempting to assist a bystander before being surrounded and killed by agents.
Parents of Alex Pretti Demand Justice Nine Months After ICE Killing
Nine months after federal agents killed their son in Minneapolis, Michael and Susan Pretti are demanding accountability from the Department of Justice. The intensive care nurse was fatally shot by Border Patrol agent Jesus Ochoa and CBP officer Raymundo Gutierrez during a federal operation, yet his family remains ignored by officials.
Ripple Deepens Robinhood Ties as Swell Conference Kicks Off
As the Ripple Swell conference convenes in Manhattan, the company has unveiled a strategic partnership with Robinhood, centering on its RLUSD stablecoin and institutional treasury services. The announcement accompanies news of final federal approval for Ripple National Trust Bank, marking a significant consolidation of its regulatory and product infrastructure.
House Democrats Challenge Trump Administration on SNAP and Senior Aid Cuts
Eighteen House Democrats are demanding that Agriculture Secretary Brooke Rollins account for the impact of the One Big Beautiful Bill Act on older Americans. The lawmakers argue that the legislation, which slashes food assistance, disproportionately harms low-income seniors while simultaneously shifting federal resources toward the wealthiest households.
California Union Pushes Billionaire Tax to Counter Medicaid Cuts
A coalition of healthcare workers and economists launched a campaign Thursday for a 2026 ballot measure that would impose a one-time 5% wealth tax on California’s richest residents. The move aims to generate $100 billion to offset federal Medicaid cuts enacted by the Trump administration and congressional Republicans.
Bernie Sanders Slams California Billionaires Over $333 Million Anti-Tax War
Senator Bernie Sanders attacked the coalition of tech magnates pouring $333 million into defeating Proposition 40, a California ballot measure proposing a one-time 5% wealth tax. Sanders condemned the spending as an obscene refusal to contribute to public health, arguing that the wealthy donors prioritize their fortunes over essential social services.
Lynq and ZeroBeta link tokenized Treasuries to institutional trading
Institutional investors on the Avalanche network can now deploy tokenized U.S. Treasuries as collateral for loans and trading margins without sacrificing yield. A new integration between Lynq’s settlement infrastructure and ZeroBeta’s BlueShift platform allows these assets to remain in escrow while continuing to accrue interest for their owners.
Arab Voters Face Widespread Intimidation Amid Israeli Election
As polls opened Tuesday, Arab citizens across Israel encountered systematic delays, surveillance, and aggressive provocations at voting stations. Prime Minister Benjamin Netanyahu’s campaign tactics, characterized by opponents as blatant incitement, have fueled a tense atmosphere, with civil rights groups reporting coordinated efforts to suppress minority turnout.
Spark Capital PWM Scales Up Amid India’s Wealth Boom
Spark Capital Private Wealth Management has expanded its reach significantly, adding a team of eight senior bankers to support a client base that has grown nearly 18-fold since April 2023. With assets under advice now hitting $5.9 billion, the firm is capitalizing on the rapid rise of India’s high-net-worth population.
HSBC Shares Slide Despite Profit Jump as Wealth Business Stalls
Investors sent HSBC shares down 6 percent on Tuesday, signaling skepticism despite the bank posting a 38 percent surge in net profit to $7.6 billion. While earnings climbed, the lender missed revenue expectations as growth in its critical wealth management division ground to a halt during the third quarter.
Polymarket faces renewed CFTC scrutiny over 2022 settlement compliance
The Commodity Futures Trading Commission is re-examining whether Polymarket has effectively blocked U.S. users from its offshore platform, casting fresh doubt on the company's adherence to a $1.4 million settlement reached in 2022.