Business
The people and companies shaping the crypto industry.
Standard Chartered Will Hold Ripple's Stablecoin in Dubai—And Let Clients Trade With It Without Moving It
Standard Chartered will now hold Ripple’s dollar-pegged stablecoin for institutional clients in Dubai, and it wants to let them trade with those tokens without ever handing them over to an exchange. “Standard Chartered today announced that it now supports institutional custody of Ripple USD (RLUSD) issued on the XRP Ledger (XRPL), giving eligible clients access to the Bank’s digital asset custody infrastructure. The service is available through Standard Chartered Bank’s DIFC Branch, which is reg...
Oct 9, 2026
Business
Blockchain.com Seeks Approval for US Prediction Markets and Crypto Derivatives
Blockchain.com is making a bid to join the U.S. prediction-market boom, telling CNBC it has applied to the Commodity Futures Trading Commission for licenses to offer event contracts and cryptocurrency derivatives to American customers. The crypto platform filed for two designations, the company told CNBC: a designated contract market license, which would let it operate as a futures exchange for event contracts, and a futures commission merchant license, which would allow it to act as a broker fo...
Oct 9, 2026
Business
Ledger Probes Potential Theft of $87M in User Funds Tied to Crypto Wallet Reseller
Ledger is telling some customers to hold off on setting up their hardware wallets. The Paris-based wallet maker said Friday it is investigating reports that users in Southeast Asia who bought devices from a reseller called CryptoBilis have lost funds. Myriad: Where does Ethereum go next? Click to make your prediction. “As a precaution, and pending the results of our investigation, we have asked CryptoBilis to pause all sales and shipments of Ledger devices,” the company’s support account wrote o...
Oct 8, 2026
Business
AI Startup Manus Raises $500 Million After China Nixed Meta’s $2 Billion Acquisition
Manus, the AI agent startup that Meta bought for about $2 billion before China forced Meta to give it back, has raised more than $500 million in fresh funding. Its parent company, Butterfly Effect, confirmed the round in a WeChat post, with Boyu Capital and IDG Capital leading and existing backers Tencent, HSG (the firm formerly known as Sequoia China) and ZhenFund joining. Myriad: Which company will have the best AI model? Click to make your prediction. The company did not say how it will spend...
Oct 8, 2026
Business
Solana DeFi Firms Orca and Loopscale Merge Under New Formation Brand
Solana decentralized exchange Orca and lending protocol Loopscale are merging into a single company called Formation, the two teams announced Wednesday. The new firm is headquartered in New York and led by Loopscale co-founder Luke Truitt as CEO, with fellow co-founder Mary Gooneratne as chief operating officer and Orca's Christopher Montagano as chief strategy and legal officer. Neither announcement discloses financial terms. Myriad: Where does Solana go next? Click to make your prediction. For...
Oct 8, 2026
Business
Securitize Brings Nvidia, Apple and Amazon Onchain With Tokenized Stocks on Solana
Tokenization platform Securitize is bringing a dozen of the biggest U.S. stocks to crypto traders, launching tokenized equities backed one-to-one by real shares, with Solana as the first network. Announced Wednesday, the new Securitize Stocks product opens with security entitlements to 12 widely held names, including Apple, Microsoft, Nvidia, Google, Tesla, Meta, Amazon, Netflix, Circle, Strategy and Palantir. Myriad: How high will Nvidia go? Click to make your prediction. The tokens will initia...