Author: Jeremy Ryan

Ambitious Goals for Genesis Cambria’s founder, Ben.zzz, has set out to create Genesis as the first MMORPG economy on a national scale. During a recent AMA, he emphasized that the game will feature a persistent world where the economy is projected to be worth millions. He cited a successful prize pool of approximately $1.8 million raised within just 10 days during the last season as evidence of player interest. Transitioning to a Persistent World Genesis will replace Cambria’s previous seasonal model with a steady, non-resetting environment. This shift aims to enhance player engagement, allowing for persistent assets, guild treasuries, and…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure TL;DR Fiserv’s digital-asset platform is live, with Bank of North Dakota’s Roughrider Coin as its first production use case. Roughrider Coin transactions are processed on Solana, while VersaBank serves as issuer and Fireblocks supplies tokenization and security infrastructure. The deployment gives Solana a live role inside a regulated interbank payment product rather than another retail crypto application. Solana has picked up a very different kind of workload: moving a bank-backed stablecoin inside a US financial institution network. Fiserv said on October 1 that its digital-asset platform is…

Major currencies typically move less sharply than stocks or cryptocurrencies, but shifts in monetary policy and investor confidence can trigger explosive moves. The U.S. Dollar Index (DXY), which measures the dollar against a basket of six major currencies, reached roughly 102.5 on Monday, its highest level in nearly 18 months. Having climbed from around 99 in early September, it is now comfortably above its 200-day moving average, also near 99, a signal of strengthening bullish momentum.A stronger dollar typically creates headwinds for risk assets by increasing the cost of servicing dollar-denominated debt outside the U.S. and reducing overseas investors’ purchasing…

Bitcoin treasury firm Metaplanet (3350) added a net 1,000 bitcoin in the third quarter, bringing its holdings to 44,000 BTC ($3.8 billion) as of Sept. 30, following a sale and repurchase designed to demonstrate liquidity and strengthen its credit profile.The Japanese company sold 10,000 BTC for approximately $789.2 million, averaging $78,925 per coin, before purchasing 11,000 BTC for $948.7 million at an average of $86,246. Metaplanet temporarily held the proceeds in cash to demonstrate that it could cover outstanding interest-bearing debt, although those obligations were not repaid. It subsequently repurchased bitcoin at higher prices. Its total holdings have a cost…

Bitcoin treasury company Strive disclosed an optional program to repurchase up to $500 million of its variable-rate perpetual preferred stock, traded as SATA, on Oct. 5.The program exceeds its reported $284.7 million cash balance and lets management weigh further Bitcoin purchases against retiring dividend-paying preferred shares.The SEC filing gives management discretion to repurchase shares from time to time. The ceiling is $215.3 million above reported Oct. 2 cash, so immediate full use would require resources beyond that dated balance.The optional cap creates no obligation to spend the maximum and does not establish a liquidity shortfall. The filing discloses no completed…

The U.S. Treasury Department sanctioned several parties in relation to the raising of over $2 million for Islamist militant group Hamas.The Treasury designated a Hamas military-wing member, two France-based individuals and two charities it says helped move more than $2 million to Hamas through a sophisticated six-year fundraising operation that used cryptocurrency and purported humanitarian donations.The department alleged that Faouzi Barika and Amel Oualid raised funds in France for humanitarian causes, then transferred it to Hamas, the group designated as a terrorist organization in numerous jurisdictions and which has governed the Gaza Strip since 2007.The network collected more than $2…

These funds must rebalance every day to keep leverage pinned at 3x. That forces them to buy more futures after gains and sell more after losses—mechanical flows that usually hit near the close and can amplify intraday moves. The bigger the fund grows, the bigger the impact. The same daily reset also means multi-day returns can drift far from 3x, sometimes in the opposite direction.Blockstream CEO Adam Back put it more bluntly: “Auto re-leveraging strategies bleed capital in a sideways chop, especially with a high volatility underlying… like bitcoin,” he said.That bleed is known as volatility decay. Say bitcoin rises…

Enjoyed this article? Share it with your friends! The new report maps the illicit and legitimate uses of crypto privacy tools, drawing on data from TRM Labs, Chainalysis, the RAND Corporation, the United Nations Office on Drugs and Crime (UNODC), Statista, and U.S. Treasury Department disclosures. It argues that the current regulatory focus is aimed at the wrong layer of the transaction stack. KINGSTOWN, St. Vincent and the Grenadines — Today, ChangeNOW, a cryptocurrency super app, and CoinRabbit, a crypto asset management platform, announced the joint release of “Financial Privacy in the Digital Age,” a research report that looks at…

NEW YORK – October 6 — Solana Foundation, a non-profit dedicated to the decentralization, growth, and security of Solana, today announced Solana DvP, an open-source escrow program that offers financial institutions an open-sourced API for for delivery-versus-payment settlement on Solana. Released under the MIT license, it aims to bring the settlement certainty that banks and other financial institutions require to public blockchain infrastructure for the first time as a reusable standard that is atomically settled, provides isolated escrow, and enforces deadlines. J.P. Morgan provided Solana Foundation with valuable input on institutional settlement practices and requirements. The result combines J.P. Morgan’s…

Key TakeawaysSEC relief already covers qualifying tokenized stock trading venues.CFTC plans contemplate reserve verification and customer fund safeguards.Separate SEC custody changes would permit self-custody in certain cases. Two Federal Paths Target Trading and Crypto Custody Retail crypto traders could gain tailored protections under a federal initiative launched Oct. 5. The U.S. Commodity Futures Trading Commission (CFTC), the regulator of financial contracts tied to underlying assets, opened consultation on a national framework for retail crypto commodity transactions. The effort runs alongside U.S. Securities and Exchange Commission (SEC) measures addressing asset safekeeping and blockchain-based stock trading. CFTC Chairman Michael S. Selig linked…