Ledger Launches Self-Custodial Bitcoin Loans via Morpho
Summary: Ledger introduced a self-custodial lending feature allowing users to borrow USDC or USDT against wrapped Bitcoin collateral, powered by Morpho and Yield.xyz.
Crypto
Bitcoin ETFs see $119M inflow as Ether outflows hit six-day streak
Summary: US spot Bitcoin ETFs recorded $119 million in net inflows on Tuesday, reversing prior losses, while Ether ETFs extended their outflow streak to six trading sessions.
Pudgy Penguins-backed Abstract to shut down after tens of millions in losses
Summary: Igloo Inc. CEO Luca Netz confirmed that the consumer-focused Ethereum layer-2 network will cease operations on December 15, 2026.
Google Launches Nano Banana 2.1 With Improved Editing and Lower API Costs
Summary: Google released Nano Banana 2.1 on October 6, offering improved visual design and editing capabilities while cutting developer pricing to approximately half of its predecessor.
Wankum: Bitcoin Strips Real Estate of Monetary Premium
Summary: Leon Wankum argues that Bitcoin is eroding the monetary premium historically embedded in real estate assets since 1971.
St. Cloud Credit Union Custodies Bitcoin on Core Ledger
Summary: St. Cloud Financial Credit Union, founded in 1930, now custodies over 20 BTC using a patent-pending hybrid model.
Crypto Card Payments Hit Record $12.5 Billion as Stablecoin Adoption Surges
Summary: Crypto card payment volume reached a record $12.5 billion, driven by stablecoin adoption and cross-border transaction demand.
Pudgy Penguins' Layer-2 Abstract to Shut Down Dec. 15
Summary: Igloo Inc.'s Ethereum layer-2 network Abstract will cease operations on December 15, citing unsustainable consumer-focused models and thin liquidity.
ECB Board Member Warns of Fragmentation Without Digital Euro
Summary: ECB executive board member Piero Cipollone stated that a pan-European digital payment solution is essential to maintain monetary sovereignty and prevent market fragmentation.
Securitize Shares Rise 8% on LG CNS Partnership Ahead of South Korea Tokenization Rules
Summary: Tokenization platform Securitize saw its shares climb nearly 8% following a memorandum of understanding with LG CNS, positioning the firm for South Korea's upcoming regulatory framework.
Fedimint Achieves Multi-Implementation Custody at Berlin Hackday
Summary: Developers successfully ran a single Fedimint federation across three independent codebases during the Ecash Hackday in Berlin.
Ethereum’s Glamsterdam Upgrade Launches on Sepolia Testnet
Summary: Ethereum’s Glamsterdam upgrade went live on the Sepolia testnet, introducing enshrined proposer-builder separation and block-level access lists to enhance layer-1 scaling.
Paxos USDG Stablecoin Launches on Arbitrum With $3B Circulation
Summary: Paxos issued its Global Dollar stablecoin natively on Arbitrum One, integrating with major DeFi protocols and proposing a 100 million ARB incentive program.
Old Major Market Retains 100% of Bitcoin Payments Across 48 States
Summary: Indianapolis-based Old Major Market now retains all received bitcoin on its balance sheet, shifting from immediate liquidation to long-term holding.
Solana Foundation Launches Open-Source DvP to Cut Settlement Times
Summary: The Solana Foundation released an open-source delivery-versus-payment program designed to reduce securities settlement times from days to seconds.
US Bitcoin ETFs Lose $89.9M as BTC Trades 32% Below ATH
Summary: US spot Bitcoin ETFs recorded $89.9 million in outflows on Monday, reversing prior inflows as the underlying asset traded near $86,000.
EEZ Tests Atomic L1-to-L2 Transaction on Ethereum
Summary: The Ethereum Economic Zone tested an atomic transaction linking mainnet and a layer-2 network, marking a step toward bridge-free interoperability.
Strive Buys $169M in Bitcoin, Largest Purchase Since June
Summary: Strive purchased 2,000 Bitcoin for approximately $169 million between Sept. 28 and Oct. 2, marking its largest acquisition since early June.
DeFi Development Corp Adds $3 Million in Solana as Accumulation Pace Slows
Summary: DeFi Development Corp added 26,203 SOL to its treasury between late September and early October, bringing total holdings to 2,564,212 SOL.
Custodia CEO Long: Tokenized Deposits Could Outpace Stablecoins
Summary: Caitlin Long argues that tokenizing traditional bank deposits, which total $5.7 trillion, may overshadow the $300 billion stablecoin market.