“Open Issuance” offers minting, reserves management, and compliance-ready infrastructure Global payments giant Stripe has unveiled a new product, Open Issuance, which allows businesses to create and manage stablecoins “with just a few lines of code.” The launch marks Stripe’s most ambitious move into digital assets, as stablecoins continue to grow into one of the fastest-expanding sectors of the crypto market. With Open Issuance, companies can mint and burn tokens, customize reserves, and decide the ratio between cash and treasuries while choosing preferred custodial partners. Reserves will be managed by BlackRock, Fidelity Investments, and Superstate, ensuring institutional-grade backing for issued stablecoins.…
Author: Blockto Team
No-action letter marks shift in custody rules for digital assets The U.S. Securities and Exchange Commission (SEC) has signaled greater flexibility toward cryptocurrency custody by permitting investment advisers to use state trust companies as custodians. The SEC’s Division of Investment Management issued a no-action letter, confirming it would not recommend enforcement if advisers rely on such entities to safeguard digital assets. Key Interim Step for Crypto Custody The guidance follows a request from law firm Simpson Thacher & Bartlett, which sought assurances for financial institutions, including venture capital firms, that custodying digital assets through state trust companies would not trigger…
Ethereum Rebounds from Key Support and Pushes Higher Ethereum has regained strong upward momentum, breaking above $4,300 after bouncing from a crucial support zone earlier this week. The move marks a 3.9% daily gain, placing ETH firmly back inside its ascending price channel that has guided the trend since April. The chart highlights repeated higher lows forming at key demand areas, reinforcing the bullish structure. Each corrective dip has been met with aggressive buying, particularly at the red horizontal supports, where Ethereum formed rounded bottom patterns before resuming its climb. “Ethereum has shown resilience at every retest of support. The…
Bitcoin Rallies After Rebounding from $110K Support Bitcoin has staged a strong rally, climbing to $11600, after bouncing off the green support zone near $110,000. The latest surge highlights renewed buying pressure, with BTC posting an 8% gain in recent sessions as traders eye higher levels. The chart shows that Bitcoin had been moving inside a descending channel through August and September, repeatedly testing lower levels. However, buyers defended the crucial support range around $109K–$110K, leading to a decisive breakout. “The ability to hold above $110K was a turning point. It reflects strong accumulation at lower ranges,” According to BITX market…
Company revises 2025 outlook with stronger profits, but shares fall 10% Metaplanet (3350) has cemented its position as one of the world’s largest corporate Bitcoin holders after acquiring 5,288 BTC in Q3 2025. The purchase, worth $615.67 million at an average price of $116,870 per BTC, raises the firm’s total holdings to 30,823 BTC, valued at $3.33 billion. CEO Simon Gerovich said the acquisition pushed Metaplanet’s Bitcoin yield for 2025 to 497.1%, highlighting the company’s aggressive treasury allocation strategy. With this move, Metaplanet is now the fourth-largest corporate Bitcoin treasury globally. Strong Revenue and Profit Growth Metaplanet’s Bitcoin Income Generation…
Hack linked to notorious Inferno Drainer group, CZ urges caution The official X account of BNB Chain, which has nearly four million followers, was hacked on Wednesday in a security breach that exposed the community to phishing links targeting cryptocurrency wallets. Phishing Links Shared Through Compromised Account According to Binance founder Changpeng “CZ” Zhao, the attacker used the account to spread links disguised as Wallet Connect prompts. “The hacker posted a bunch of links to phishing websites that ask for Wallet Connect. Do NOT connect your wallet,” Zhao warned. Zhao confirmed that the BNB Chain security team has contacted X…
Blockchain offers the speed and scalability missing in traditional finance Artificial intelligence (AI) agents are increasingly being developed to perform tasks in the financial sector, but experts argue that legacy banking systems are too slow to support them effectively. According to Coinbase’s head of institutional strategy, John D’Agostino, AI agents require blockchain and crypto infrastructure to operate at scale, as traditional rails were never designed for real-time, machine-to-machine transactions. “Artificial intelligence is infinitely scalable intelligence, and if you think of blockchain, which is the underlying technology for crypto, as an infinitely scalable source of truth, then those two things work…
New partnership targets Tron’s dominance in the stablecoin market Layer-1 blockchain Aptos has partnered with the Trump family’s World Liberty Financial (WLFI) to integrate the USD1 stablecoin, a move designed to challenge Tron’s grip on the stablecoin ecosystem. Speaking at TOKEN 2049 in Singapore, Aptos CEO Avery Ching explained that WLFI had been exploring blockchain partners for its upcoming DeFi products. “They view us as some of the best tech partners they could work with,” Ching said, noting that the first step is deploying a stablecoin where the yield goes back to the people. The USD1 stablecoin will launch on…
Early Bitcoin Investment Secured Telegram CEO’s Financial Independence Telegram founder Pavel Durov has revealed that Bitcoin, not Telegram’s revenues, has been the main source of funding for his lifestyle, thanks to an early investment made over a decade ago. In a recent interview, Durov recalled purchasing “a few thousand Bitcoin” in 2013 when the cryptocurrency traded around $700 per coin. He admitted it was at a “local maximum” at the time, but he remained unfazed when the price later fell below $200. “I’m not going to sell it. I believe in this thing. I think this is the way money…
29 crypto firms recognized for adopting framework that protects white hats during live attacks A growing number of crypto firms are backing the Security Alliance’s (SEAL) Safe Harbor framework, a system designed to give ethical hackers legal protection while defending user funds during active exploits. The Safe Harbor initiative was born out of a $190 million bridge hack in 2022, when white hat hackers hesitated to act over fears of legal liability. According to SEAL’s co-leads, Dickson Wu and Robert MacWha, the framework has since provided a path for good-faith hackers to intervene confidently. “Skilled whitehats who could stop the…