Interactive Brokers, which reports more than $903 billion in client assets, has launched Ethereum staking through Zerohash, adding rewards on crypto holdings to a platform that supports trading in 20 digital assets. Summary Ethereum staking is available to eligible Interactive Brokers LLC clients through the broker’s Client Portal. Zerohash provides staking services, with earned rewards
Wells Fargo has outlined plans to issue stablecoins with 20 other financial institutions in the first half of 2027, while CEO Charlie Scharf has said their use cases in the United States remain unclear. Summary 21 financial institutions are establishing a stablecoin company, with a dollar token planned first. Scharf said Wells Fargo launched tokenized
Ripple has partnered with Stripe-owned Privy to bring XRP and RLUSD wallet tools into apps on the XRP Ledger, where Ripple says AI agents have already made 13 million payments. Summary Privy will let developers create XRPL wallets, manage them through software, and sign transactions. Embedded wallets will support stablecoin payments without requiring consumers to
The U.S. Department of Justice has announced the arrests of two Americans accused of helping North Korean IT workers obtain jobs at more than 70 U.S. companies in a scheme that generated approximately $3 million. Summary Two Americans face fraud, money laundering, and identity theft conspiracy charges under an Ohio indictment. More than 70 U.S.
Coinbase has joined a four-day operation with U.S. and UK law enforcement to disrupt West African scam networks by tracing illicit funds, supporting asset freezes and sharing intelligence. Summary The Oct. 6–9 London operation targeted West African scam networks and the services supporting them. Coinbase’s investigators traced financial activity and shared intelligence with law enforcement
Federated Hermes, which manages $911.6 billion in assets, has partnered with Prometheum to develop tokenized funds for U.S. brokerage distribution, with the first product expected in Q1 2027. Summary Q1 2027 is the expected launch window for the partnership’s first tokenized fund product. ProFinancial will support distribution, while Prometheum Capital will provide custody, clearing and
HYPE price has fallen nearly 5% to around $81.20 over the past 24 hours despite Hyperliquid’s Assistance Fund having spent $1.36 billion buying more than 48 million tokens. Summary Hyperliquid’s Assistance Fund has purchased more than 48 million HYPE through its ongoing buyback program. HYPE traded near $81.20, while 24-hour trading volume increased more than
Bitcoin price has rebounded toward $84,000 on October 13 despite a steep selloff in South Korean equities, but weak ETF demand and heavy selling orders near resistance have prevented buyers from pushing higher. Summary Bitcoin recovered toward $84,000 despite heavy losses in South Korean technology stocks, with the KOSPI falling approximately 7.4% over the past
A dollar stablecoin can change hands across borders and blockchains at any hour. Its issuer may hold reserve assets in one jurisdiction while users trade the token in several others. An October 12 Financial Stability Board note says the resulting obligations and flows are difficult for any single authority to observe. The missing information becomes
Autheo’s THEO token has plunged more than 90% following a suspected cross-chain bridge exploit that reportedly allowed an attacker to mint millions of unauthorized tokens on Base. Summary Autheo has launched an investigation into a suspected THEO exploit after the token lost more than 90% of its value. PeckShield reported that an attacker minted 19
