
SEC Trading and Markets Division Director Jamie Selway spoke at a Baruch College conference in New York about market structure changes including tokenized securities, 24/7 trading, and perpetual futures, noting the SEC is using "superintelligent" tools for research. Four operators have filed notices for tokenized securities trading venues under the SEC's innovation exemption, while Treasury clearing compliance deadlines are set for December 31, 2026 and June 30, 2027.
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Hyperion DeFi reported Q3 2026 net income of $39.6 million, up 28% quarter-over-quarter and its third straight record quarter. The company sold about $13 million in HYPE tokens to pay down legacy debt, cutting its holdings to 1.85 million tokens, but its HYPE treasury still climbed to $167.9 million as the token rose from $65 to $90.80. Adjusted gross profit jumped 143% QoQ to $2.8 million, and core operating income turned positive for the first time at $555,000. The company reaffirmed full-year adjusted gross profit guidance of $7 million to $8 million.
2026-11-12

FinCEN accuses crypto exchange MEXC of processing at least $16 billion in suspected illicit transactions between May 2021 and May 2026, tied to sanctions evasion by Iran, North Korea and Russia as well as cybercrime, and has ordered U.S. financial institutions to block MEXC-related transfers. Meanwhile, OFAC sanctioned eight Canadian money services businesses linked to an Iranian financial network. OKX's CEO warned users against transferring funds directly from MEXC, while MEXC says withdrawals are operating normally and customer assets are safe.
2026-11-08

Iron Fish has announced it is ending all network support after discovering an inflation vulnerability dating back to early 2019. Attackers exploited flaws in the Merkle tree implementation and note nullifier computation to double-spend the same shielded funds and launder them through the ChainPort bridge. The team says the code path had been covered by internal and external audits but went undetected. Patches and a post-mortem have been published, and the codebase has been archived. The announcement did not disclose the total inflated supply, the amount bridged out, or any compensation plan for holders.
2026-10-31

The Recall Foundation is winding down and will burn 358.6 million RECALL tokens—about 35.86% of total supply—including locked treasury and ecosystem reserves. It confirmed there will be no buybacks, redemptions, or pro-rata distributions to holders. Roughly $3.7 million in USDC, USDT, and fiat will go entirely toward debts and wind-down costs, with $3.45 million allocated to creditors and vendors. Staked tokens are excluded from the burn, but holders must initiate withdrawals themselves. The app will become read-only on November 30, and exchanges are expected to delist RECALL.
2026-10-31

After settling with major shareholder Bastion Trading, SkyAI has upsized its cash tender offer to roughly $214.3 million and sold off its entire reserve of about 2 million SOL (at an average net price of $107.20) to fund the deal. Bastion has agreed to tender its common shares and warrants and to accept a three-year shareholder standstill. The revised offer covers cash advance and crypto advance warrants, raises the acceptance threshold from 95% to 100%, and includes attached warrants for the first time. The company says it will not repurchase Solana after the offer closes, ending the Solana treasury strategy that had been a core investment thesis.
2026-10-28

An exclusive interview with Tom Borgers, co-founder and CEO of stablecoin payments company Walapay, which just closed a $4.6M seed round and processes $2.5B in annualized payment volume across 180+ countries. The conversation digs into the real challenge of cross-border stablecoin payments: on-chain transfers are easy—the hard part is the last mile of local bank access, licensing, and clearing. Borgers argues that after Stripe's acquisition of Bridge and Mastercard's acquisition of BVNK, the opportunity for independent players lies in building deep banking networks in emerging markets and layering treasury management, card issuing, and other financial products on top of the payment rails. He also predicts that the center of corporate financial operations may shift from bank accounts to stablecoin wallets.
2026-10-28

Ripple has launched 24/7 Returns and AI automation tools for its Treasury product, letting eligible corporate clients earn yield outside traditional banking hours by holding qualifying digital assets such as RLUSD. The feature integrates with the GSmart orchestration layer to cover cash positioning, forecasting, reconciliation, and payments, and offers manual, semi-automated, and fully automated modes. The announcement cites corporate clients including American Airlines and Subway; XRP appears only in the company overview and is not explicitly tied to the new yield feature.
2026-10-26

Figure co-founder Mike Cagney is calling on the US Treasury to look to Malaysia's 24/7 tokenized bond platform as a model. Bank Negara Malaysia's SSDS+ system separates tokenized bond ownership records from central bank money settlement, enabling round-the-clock settlement. Cagney argues that a similar approach in the US could lower Treasury issuance and registration costs while attracting more buyers, though he offered no cost estimates. Figure itself is pushing native onchain issuance across networks including Provenance, Solana, Stellar, and Base.
2026-10-21

BNB Standard Corporation (Nasdaq: BNC) announced it will ring the Nasdaq opening bell on October 26 to mark its rebranding and the appointment of Alex Odagiu as its new CEO. Formerly CEA Industries, the company officially adopted the BNB Standard name on September 29 following a community advisory vote, while keeping its BNC ticker. Odagiu took over as CEO on October 19 after a board reshuffle resolved a governance dispute with YZi Labs. The company plans to run its own validator node on BNB Chain to grow its treasury holdings and build operations around the network.
2026-10-21