DeFi News page 3

Three stories went from a single outlet's report to independent corroboration within roughly thirteen to seventeen hours, and the order in which they crossed says more than the stories themselves. Three stories went from a single outlet's report to independent corroboration within roughly thirteen to seventeen hours, and the order in which they crossed says…

The city is extending digital asset settlement to round-the-clock operation while preparing pilot tests involving stablecoins and tokenized government bonds. Hong Kong is pushing its digital asset infrastructure toward continuous operation. Reports indicate the city plans to make tokenized settlement available around the clock, rather than limiting it to conventional market hours.

The British banking giant's new stablecoin project has drawn rapid early adoption since launch. HSBC's RedCoin stablecoin has reached 50,000 users in just over a week, according to reports from CryptoBriefing and crypto.news. The pace of adoption positions RedCoin among the faster-growing bank-issued digital asset products to date.

Bitcoin and broader digital asset markets face a packed calendar as political uncertainty builds ahead of the vote. Crypto markets are entering a week shaped by political and macroeconomic crosscurrents. Attention is turning to the lead-up to the U.S.

Russia's largest bourse plans to open regulated crypto trading as Western sanctions reshape its business. Moscow Exchange, Russia's principal securities and derivatives venue, has set a December 1 target date to launch trading in Bitcoin, Ethereum and USDT. Reports describe the plan as the exchange's most substantial crypto initiative to date.

A strict compliance window has sharply thinned the ranks of digital asset companies operating in Latin America's largest market. Brazil's licensing deadline for cryptocurrency companies has come and gone, and only 40 firms are reported to have cleared the bar.

The central bank is examining how a sharp crypto market downturn could ripple through the banking and financial system. The Bank of Korea has opened an inquiry into how domestic financial institutions would weather a severe cryptocurrency market downturn.

The decentralized options protocol confirmed a security breach as blockchain investigators traced the stolen funds across multiple chains. Premia Labs has confirmed a security incident that resulted in the loss of approximately $464,000. The exploit targeted the protocol's deployment on Arbitrum, a layer-2 network built on Ethereum.

A wallet linked to a past Binance exploit lost nearly all value attempting to cash out a large PROM holding. A wallet associated with a known Binance exploit attempted to liquidate a substantial holding of PROM tokens this week.

The DeFi protocol known for stablecoin trading expands beyond Ethereum-compatible networks for the first time Curve Finance has brought its core StableSwap trading mechanism to Stellar, according to reports from NewsBTC and The Cryptonomist. The deployment marks the protocol's first native expansion onto a non-EVM blockchain since its founding.

Solana-based stablecoin businesses can now tap Polygon's infrastructure to settle payments through US banking rails. Polygon Labs has opened its stablecoin payment infrastructure to Solana-based businesses, according to reporting from Cryptopolitan, NewsBTC and CoinTurk News. The expansion lets companies building stablecoin products on Solana route payouts through US banking rails using Polygon's existing framework.

The oracle provider is inviting security researchers to probe its smart contracts for vulnerabilities in exchange for sizable payouts. RedStone, a provider of blockchain oracle infrastructure, has launched a bug bounty program that offers payouts of up to $250,000 for disclosed vulnerabilities.

An ETF outflow total and a stablecoin issuer's profit figure are each reported two incompatible ways, and neither conflict has a primary document to settle it. An ETF outflow total and a stablecoin issuer's profit figure are each reported two incompatible ways, and neither conflict has a primary document to settle it.

The DeFi lending protocol restored normal market activity while blocking new borrowing against a set of flagged assets. Aave, one of the largest decentralized lending protocols in crypto, has reopened markets that had previously been frozen. The move restores standard functionality, including deposits, withdrawals and loan repayments, across the affected pools.

The bank's bullish long-term forecast for the decentralized exchange token has not stopped near-term selling pressure. Standard Chartered, one of the largest banks to issue formal crypto price targets, has set a bullish forecast of $100 for Uniswap's native token, UNI. Despite that call, UNI's price has fallen rather than rallied, according to crypto.news.

The exchange's push into event-based trading is starting to show up in its bottom line. Coinbase's third-quarter net income climbed 66% year over year, the company disclosed in its latest earnings report. The jump signals that the exchange's diversification strategy beyond core trading fees is starting to pay off.

The move marks the start of a wind-down of Circle's original Cross-Chain Transfer Protocol ahead of a December 1 bridge pause Circle has begun lowering transfer limits within its legacy USDC application, starting October 31. The adjustment is the first visible step in a planned retirement of older infrastructure used to move USDC across blockchains.

The companies are testing stablecoin settlement alongside Colombia's existing payment rails as part of a broader Latin American push. Circle, the issuer of the USDC stablecoin, has partnered with ACI Worldwide to introduce stablecoin settlement into Latin American payment operations.