Author: Jeremy Ryan

tl;dr: Meet Platåberget: Glamsterdam’s (Gloas + Amsterdam) early testing ground open to public participation. This upgrade comes with breaking changes for application developers. Notably, any tool that relies on a hardcapped maximum gas limit (think wallets, indexers and gas estimators) will break and needs to be updated. Please use this early opportunity to test! Platåberget is a short-term testnet aimed for testing changes by the community. Unlike the short-lived devnets before it, Platåberget is intended to run for a few months, giving the community a stable place to experiment with post-Glamsterdam Ethereum, and an opportunity to test and break things…

Tether reported $1.5 billion in third-quarter operating profit as its excess reserves nearly doubled to $7.95 billion, according to figures released alongside its latest attestation prepared by independent accounting firm BDO.The company held $191.5 billion in assets against $183.5 billion in liabilities at the end of September, leaving a reserve surplus of $7.95 billion, nearly double the $4.1 billion reported in June. Its assets included $132.4 billion in direct and indirect US Treasury bill holdings.That exposure is comparable to South Korea’s $134.2 billion in US government debt and exceeds the United Arab Emirates’ $116.1 billion, according to August data from…

In brief Wallets tied to the suspected Binance hack received tens of thousands of ETH from Uniswap contracts and borrowed 19,762 ETH on Aave against about $60 million in USDT, with no sign of a flaw in either app. About 253,000 ETH, roughly $570 million, sat in two wallets with no outgoing transfers as of 22:07 UTC, and ETH has no issuer that can freeze it. Ripple has frozen about $200 million in RLUSD, per Binance co-CEO Yi He, on top of the more than $2 billion in USDT and USDC. The attacker behind the wallets draining Binance is using…

Payments could give crypto apps the frequent use that token swaps alone often lack, speakers argued during four panels hosted by ChangeNOW at TOKEN2049 Singapore. The discussions brought together representatives from MetaMask, Trezor, WalletConnect, and other firms to examine how crypto products could reach a wider audience. In the super app discussion, Rubic co-founder Aleksandra Korneva noted that many swap users have no reason to transact every day. Pulsar Money CEO Alex Radu identified payments and trading as two possible foundations for apps combining several financial services. “They just want to transact in a safe and secure and cheap way,”…

ACI Worldwide and USDC issuer Circle announced a stablecoin settlement collaboration on Oct. 27, 2026. The payments software provider and Circle describe a pilot pairing ACI’s Connetic platform with Circle’s USDC infrastructure. Implementation will initially focus on Colombia. There, institutions would evaluate USDC settlement alongside the systems they already use.USDC settlement within existing operationsTheir announcement describes Connetic as a cloud-native platform combining traditional payment types, digital assets and card payments. The companies will use it to demonstrate stablecoin settlement alongside traditional payment rails.The platform and the settlement instrument have different roles in the companies’ proposal. Connetic provides the orchestration environment;…

The Committee on Payments and Market Infrastructures (CPMI), hosted by the Bank for International Settlements, published an analysis on Oct. 29 setting out four central bank roles in increasingly diverse payments: issuer, operator, overseer and catalyst. It considers stablecoins, tokenized deposits and programmable platforms alongside other payment innovations.In its official announcement and online publication summary, CPMI describes central bank money as the foundation for trusted settlement, alongside private payment services that support innovation, competition and user choice. The publication connects digital money to practical decisions over account access, infrastructure, oversight and coordination.The publication summary says central bank money provides the…

Web3 gaming raised $60 million in July 2026, a 94% jump from the prior month Three consecutive months of funding decline reversed as investors refocused on fun-first titles Reaper Actual, an open-world MMOFPS by Distinct Possibility Studios, captured $30.5 million in a single raise The round was led by Bitkraft Ventures and Brevan Howard Digital Blockchain gaming reached 4.9 million daily unique active wallets in July, up 2% from June Gaming was the only segment in the decentralized app ecosystem to post month-over-month growth Animoca’s TOWER token rose 214% over 30 days, driven by a Wreck League reboot and CEO-announced…

Bitcoin [BTC] has been in a downtrend since its attempted upside move collapsed at $84.9k ten days ago. In fact, since then, Bitcoin has fluctuated between $79k and $81k. At press time, Bitcoin was trading around $80,046, down 3% on weekly charts. As BTC struggles to regain the uptrend, some ETFs are taking the market slowdown as an opportunity to buy more. BlackRock adds $276 million in Bitcoin BlackRock’s IBIT has been actively buying BTC over the past three sessions, defying the overall dull market. According to Onchain Lens, BlackRock’s IBIT Bitcoin ETF wallets accumulated 3,441.176 BTC worth $276.7 million…

Mutsamudu, Comoros, October 29, 2026 – MEXC, a pioneer in 0-fee digital asset trading, has released its September TradFi trading data. Tokenized U.S. stock spot trading volume rose 81% month over month, while trading volume for AI-related assets grew 88%. Semiconductor- and memory-related assets accounted for 77% of trading volume among the top 10 Stock and Index Futures, while Pre-IPO Futures trading volume increased 60%. AI Trading Expands Beyond Chips Into Optical Communications and Power, With Four Sectors Each Growing Over 90%   In September, trading volume for AI-related assets within MEXC’s tokenized U.S. stocks and ETFs rose 88% month…

U.S. spot Bitcoin ETFs have recorded $254.7 million in net outflows over the 30 calendar days through Oct. 26, even as BlackRock’s IBIT has attracted nearly $962 million during the same period. Summary Bitcoin ETFs lost $254.7 million over the 30 calendar days through Oct. 26, calculated from Farside’s daily totals. BlackRock’s IBIT gained $961.9 million during that period, while Fidelity’s FBTC lost $725 million. Three subsequent positive sessions brought $423.6 million into the funds through Oct. 28. Glassnode placed the estimated cost basis of ETF Bitcoin holdings near $81,500 in its Oct. 28 report. Farside Investors’ historical data put…