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In brief Anchorage Digital expanded a custody-and-listing arrangement with Bitso covering both sides of the US-Mexico corridor. The deal targets the US-Mexico remittance corridor, one of the world’s largest, which moves tens of billions yearly. It extends a Latin America stablecoin race, including Circle’s recent Colombia settlement pilot. Anchorage Digital is planting itself at the center of one of the world’s largest money-transfer routes, expanding a custody-and-listing arrangement with Latin American crypto platform Bitso to hold the stablecoins moving between the United States and Mexico.Announced Tuesday, the deal puts Anchorage Digital Bank’s custody beneath both sides of the corridor. MXNB,…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Zcash co-founder Sean Bowe has proposed halting the automatic 8% ZEC allocation to Zcash Community Grants, citing a treasury of about $125 million. TLDR Zcash co-founder Sean Bowe has proposed ending the automatic 8% share of newly created ZEC that goes to Zcash Community Grants (ZCG). Bowe estimates the program holds about $125 million after existing commitments, using an illustrative ZEC price of $1,300. The redirected funds would go to a reserve for future mining rewards, while ZCG would keep what it already has. The proposal comes…
In brief Ripple’s RLUSD stablecoin went live Tuesday on Robinhood Chain and Bitstamp, and is expected to reach the main Robinhood app later this year. Robinhood will adopt Ripple Treasury to run its global cash operations and will use RLUSD on the XRP Ledger for institutional settlement at Bitstamp. Ripple Prime already provides Bitstamp with lending across roughly 20 digital assets and is set to add perpetual futures trading there later this year. Robinhood, the trading app with 28.6 million funded customers, is adding a digital dollar built by Ripple, the company whose founders created the XRP cryptocurrency. Ripple’s RLUSD…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The OCC is encouraging community banks to apply as permitted stablecoin issuers under the GENIUS Act as federal licensing requirements take effect on Jan. 18, 2027. TLDR The Office of the Comptroller of the Currency (OCC) is urging community banks to apply as permitted stablecoin issuers under the GENIUS Act. Issuers must comply with the OCC’s finalized rules starting Jan. 18, 2027, though existing issuers with substantially complete applications can seek temporary waivers. The OCC has not yet started accepting applications and says the process will open…
OpenAI says its AI system has refuted the Exponential Time Hypothesis, a longstanding assumption about how difficult certain logic problems are to solve. The Oct. 26 announcement has researchers organizing an independent examination. The disclosed result does not establish a practical attack on Bitcoin.ETH here means Exponential Time Hypothesis, rather than Ether. The subject is 3-SAT, a puzzle in which a computer must find true-or-false settings that satisfy a collection of logical rules. The hypothesis says solving these problems requires exponential time in the number of variables in the worst case.OpenAI says the result was verified in Lean, a proof…
In brief Robinhood reported record third-quarter revenue of $1.42 billion, slightly below the roughly $1.43 billion expected, and earnings of $0.51 per share versus $0.55 expected. Event contracts revenue rose to $173 million from $156 million in the second quarter, and crypto revenue rose to $120 million from $100 million but fell 55% from a year earlier. Robinhood trimmed the top of its 2026 cost guidance to a range of $2.675 billion to $2.75 billion, and shares slipped in after-hours trading. Robinhood, the trading app where more than 28 million people keep money to buy stocks and crypto and now…
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