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The travel platform’s AVA plan gives two buyers different destinations for their purchases. We checked the reserve’s transfers; holding tokens and burning them have different implications for supply.
Gold ended the latest trading week under pressure from interest rates and the dollar. Wednesday’s US inflation release and Friday’s jobs report will provide fresh evidence for assessing the prospect of another Fed rate increase.
Backpack CEO Armani Ferrante wants to expand tokenized equities to 10,000 symbols. The plan connects brokerage accounts with DeFi in both directions, while its EWY product offers a concrete example of the model already in use.
The CFTC has sued Cash FX over an alleged scheme that raised more than $950 million while promising weekly returns of up to 15%. Its complaint details Bitcoin payments, fabricated account statements and at least $406 million in participant losses.
JPYC’s jump above four times its reference price on Upbit has sharpened calls for liquidity safeguards in South Korea’s won stablecoin framework. Industry voices say reserve backing alone cannot keep exchange prices in line.
Ethereum researcher Toni Wahrstätter says Glamsterdam is approaching its final stretch. Client teams have a September 29 release target ahead of the Sepolia fork, while a firm mainnet date remains unannounced.
India’s total forex reserves fell to $765.9 billion in the week ended September 18. Foreign currency assets accounted for almost all of the decline, while gold holdings edged higher in dollar terms. Reserves remain above their end-March level.
India is bringing physical bullion held for gold and silver ETFs into a common vaulting framework. Changes approved by SEBI raise vault managers’ minimum net worth by 50% and strengthen the separation of bullion held for different products and entities.
A flaw in a legacy Limit Break payment contract has put old NFT approvals back in focus. The rescue team says it secured 23,155 NFTs, while Magic Eden is urging former EVM users to revoke affected permissions.
21Shares has brought Zcash exposure to two European exchanges through an investment account. Listed on September 22, ZCASH is physically backed by ZEC and carries a 2.5% annual fee.
California has seized Nano Banc after it failed to meet capital requirements. Sunwest is taking over substantially all deposits, while the FDIC puts the initial cost to its Deposit Insurance Fund at $114 million.
River Financial’s lawsuit against a Canadian mining business has brought the Blockstream name back into focus. Blockstream Corp says it has had no shared ownership or management with the defendant since mid-2024.
The Eurosystem launched Pontes on September 21 to settle tokenised asset transactions in central bank money. Deutsche Bank and Santander are among the initial participants, while the ECB is preparing investments from its own funds.
Riot Platforms repaid principal and accrued interest under its Coinbase Credit agreement, releasing liens over pledged assets. Its SEC filing dates the repayment to September 21 and does not disclose a Bitcoin sale.
California has enacted AB 2409 to bar public officials from issuing meme coins. A separate platform restriction targets certain tokens issued from 2027 and services provided to California residents.
The Federal Reserve has opened reserve and capital proposals for stablecoin issuers it supervises. Governor Michael Barr wants the final framework to make access to redemption clear, including when markets are under stress.
The next deadline in CoinEx’s wind-down changes who controls the disposal of remaining crypto balances. Assets with external liquidity will be sold, while wallet support will end for those without it.
A flaw that allowed unauthorized ZANO and fUSD issuance has pushed the network back to before Hard Fork 6. Legitimate transactions from the affected period are also excluded, while assets transferred on other networks remain beyond the rollback’s reach.
ARK Venture Fund (ARKVX), whose portfolio includes OpenAI and Anthropic, now has a tokenized version through Securitize. Blockchain ownership keeps the fund’s investor eligibility and exit restrictions in place.
AlphaFi is winding down on Sui after an oracle configuration issue. New deposits and borrowing have stopped, while existing users can still withdraw their assets.
