Author: Jeremy Ryan

Strategy has restated its objective for STRC to trade between $99 and $100 over time after disclosing $193.1 million in preferred-share repurchases and a $3 billion buyback authorization. Summary Strategy reiterated its $99–$100 STRC target after repurchasing $193.1 million of the preferred shares. The company raised its preferred-security buyback authorization to $3 billion, leaving $1.16 billion available. STRC carries a 12% annualized dividend rate, while current policy bars new issuance below $100. Strategy spent $385.5 million on STRC repurchases over two weeks, versus $43.6 million on Bitcoin. Strategy said in an Oct. 19 post that its “objective is for $STRC…

Figure co-founder Mike Cagney has said 10 companies have opted out of stock tokenization on OKXICE, questioning the proposed venue’s appeal without leverage or stock lending. Summary 10 companies have opted out, according to Cagney, but the examined venue notice identifies nine. SEC rules prohibit qualifying venues from extending credit to participants for tokenized stock purchases. Cagney questioned the product’s appeal while acknowledging a possible advantage through OKX’s distribution. Qualifying stock tokens must preserve shareholder rights, distinguishing them from products offering only price exposure. Mike Cagney, in an Oct. 19 X post supplied for this report, put the tally at…

YGG announced on July 6, 2026 that YGG Play will close permanently by August 1, 2026 35 staff are being laid off; employees receive 8 additional weeks of salary and job placement help LOL Land and Waifu Sweeper will be taken offline; GIGACHADBAT and Ragnarok Breaker transfer to their original developers YGG Play users must redeem all accumulated points by July 31, 2026 or forfeit them The company cites the October 10, 2025 liquidation cascade as the breaking point for player confidence YGG Play reached $9 million in lifetime revenue before closure, with $876K in Q1 2026 alone The company’s…

Two Bitcoin wallets dormant for more than 12 years moved about 417 BTC, worth $33.85 million, according to Lookonchain. The movements brought Bitcoin held in the addresses for over a decade back into circulation between wallets. However, the available records do not say that anyone sold the coins or sent them to an exchange. Two wallets account for the $33.85 million transfer Arkham data show two main outgoing transfers. One address moved 248.854 BTC, valued at about $20.22 million, while the other transferred 167.84 BTC, worth around $13.63 million. Together, those transactions were 416.694 BTC. The data also show earlier…

The XRP cryptocurrency has finally made its official debut on X (formerly Twitter) under the coveted @XRP handle, drawing enthusiastic reactions from Ripple executives and the broader XRP community.The account announced its arrival with a brief message: “hello, world. It’s about time.”The long-awaited debut was quickly acknowledged by Ripple, which has been closely associated with the cryptocurrency since its early days. $2 XRP Back ‘On Menu’ as BlackRock Predicts Wall St. Tokenization: Main Crypto News This Morning Ripple’s David Schwartz Predicts Major DeFi Breakthrough “For over a decade, we’ve built on the XRP Ledger alongside thousands of others,” the blockchain…

In a quiet room, away from the hustle and bustle of industrial innovators at AVEVA World 2025, I sat down with Kim Custeau, the Executive Vice President of Portfolio Management at AVEVA. Eager to begin our conversation, Kim clarified her role at AVEVA. She explained her responsibility to ensure that AVEVA’s offerings align with customer demands in an ever-evolving market by investing in client-focused solutions. “At AVEVA, I’m responsible for portfolio strategy, aligning the business goals with the right products and changes. We focus on protecting and nurturing our existing customer base while also investing in new solutions,” she said.…

Leaders from Backpack, Sunrise, Zelle, Bitwise, Y Combinator, Jupiter and Helius join the lineup at Olympia London, 15-17 November. Breakpoint 2026 comes to Olympia London from 15 to 17 November. Twelve more speakers join the lineup today. They range from founders listing stocks and collectibles on Solana to the bank-owned payment network behind Zelle, plus the investors deciding where capital goes next. Bringing every asset onchain Armani Ferrante, Founder and CEO, Backpack. Armani wrote Anchor, a framework for building Solana programs, and co-created Mad Lads before founding Backpack. Its brokerage now issues tokenized stocks on Solana, each backed one-to-one by…

Financial markets are a sea of green on Monday as upbeat China data and lower oil prices revive investor risk appetite.Starting with bitcoin. The leading cryptocurrency by market value was trading around $83,000 during early European hours, up 1% since midnight UTC and 1.60% over the past 24 hours. Nasdaq futures rose more than 1%, alongside a 1.8% gain in Japan’s Nikkei and a 0.6% advance in South Korea’s Kospi. Those markets took a beating last week, led by losses in AI-related shares.Elsewhere, Chinese stocks were up 0.3%. Gold was largely unchanged near $4,180, while the Dollar Index held near…

WLD remains nearly 96% below its record high, even as World expands its verification technology into Zoom meetings and financial workplaces. World, the iris-scanning identity project co-founded by OpenAI CEO Sam Altman, announced on Sunday a set of World ID tools that let banks and financial firms confirm a real person is on the other end of a call. The rollout targets deepfake fraud and also covers AI agents acting on behalf of verified users. World ID Brings Human Badges to Zoom and Finance Firms In a post on X, World pointed to a 2024 case in which an employee…

Ronin’s Emission Reduction Ronin has announced a drastic reduction in its annual RON emissions, dropping from 45 million to 5 million. This marks the lowest emission rate in the network’s history, with the new figure representing an 89% decrease. The full 5 million RON will be dedicated to rewarding builders using the Proof of Distribution system, which was implemented during its migration to Ethereum. Changes to Rewards and Staking Under the new model, validators and stakers will no longer receive rewards. Instead, builders will receive approximately 416,000 RON each month based on a builder score that assesses various metrics, including…