US wins court authority over $1.2B in stolen Binance crypto
The Justice Department says a court has authorized seizure or restraint of $1.2 billion from the Binance hack, part of $2.7 billion frozen as recovery work continues.
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iCrypto: today's crypto news
Deutsche Bank opens crypto custody to institutional clients
Deutsche Bank has opened crypto custody to institutional clients and will explore tokenized funds and stablecoins with Deutsche Asset Management.
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Coinbase’s federal trust charter takes effect, clearing final OCC hurdle
Coinbase's national trust charter took effect Nov. 6, placing institutional crypto custody under a federal framework as it prepares to move client assets over three years.
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PNC opens USDC payments to corporate clients in pilot
PNC will let eligible corporate clients receive USDC on Ethereum in a limited pilot, converting payments 1-to-1 into dollars as the bank tests demand with Coinbase.
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Visa Adds Monad as a Stablecoin Settlement Route
Visa added Monad for institutional stablecoin settlement, giving participating banks another network as Visa's annualized volume reached $25 billion.
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Coinbase’s federal trust charter takes effect
Coinbase's national trust charter took effect Nov. 6, placing its custody business under federal oversight but giving it no license to take deposits or make loans.
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NYSE affiliate selects Avalanche for tokenized stock settlement
NYSE’s planned digital venue will use Avalanche for trade settlement, putting a blockchain behind 24/7 tokenized stocks for subscribers if regulators approve.
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Treasury orders U.S. financial firms to block MEXC transfers
FinCEN’s order would bar U.S. financial firms from processing MEXC transfers after publication, following allegations of $16 billion in illicit flows.
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Aave Labs acquires Avon team to build fixed-rate lending
Aave Labs acquired Avon’s team and lending technology on Nov. 6, adding fixed-rate expertise to Aave as it works to expand its onchain loan options.
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Chainalysis says breach exposed data for all users
Chainalysis says names, usernames, password hashes and live tokens for all users were exposed; several services went offline before staged restoration began.
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FinCEN orders U.S. banks to block MEXC transfers
FinCEN ordered U.S. banks to block transfers involving MEXC, citing at least $16 billion in illicit flows; the order takes effect after Federal Register publication.
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Payward and Clients Buy Undisclosed AAVE Stake
Payward and its clients bought an undisclosed amount of AAVE on secondary markets, adding token exposure as the Kraken parent explores closer work with Aave.
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Schroders puts emerging-markets bond fund on Solana
Schroders put its emerging-markets bond strategy on Solana through Centrifuge, offering tokenized feeder-fund shares and expanding onchain fixed income.
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