Industry-leading crypto news, research and data. Get The Daily: https://xitter.cf/t.co/Lx7lIuO9sw | AI news: @TheLatentCo

New York, NY
Joined February 2018
The House passed the Clarity Act over a year ago. The Senate still hasn't acted. What's holding it up, and what happens next? We're taking that question to D.C. on November 19. Don’t miss it 👇 capitolcryptoforum2026.splas…
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THE BLOCK: Crypto. com and OG. com are rolling out regulated crypto perpetuals in the U.S. today with up to 5x leverage. The contracts have no expiration date and let traders bet on crypto prices rising or falling.
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THE BLOCK: Ripple expands BNY partnership to add $XRP and $RLUSD to its institutional custody platform. The companies said they are also exploring tokenized trade finance on the XRP Ledger, including a supply chain finance initiative with C2FO.
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THE BLOCK: Janus Henderson is launching the first licensed tokenized fund tracking the Nasdaq-100 Index, using Centrifuge's technology on the Stellar blockchain. The JQQQ fund will initially be available to eligible non-U.S. professional investors, with a $100,000 minimum investment, according to the WSJ.
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THE BLOCK: Bitcoin mining and AI compute infrastructure company Luxor Technology has raised $16 million in a strategic funding round led by CMT Digital. Canaan, MicroBT, Halo, Steelhead, and undisclosed angel investors also participated. The round included primary and secondary capital. Luxor said it will use the funding for its AI cloud platform, hardware business, and compute derivatives products.
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TODAY ON THE STARTING BLOCK: @Scaramucci joins us for a wide-ranging discussion on US midterms, Clarity Act failure, his current view on major crypto trends and the AI boom. Join us live now on @TheBlockCo 🔽 xitter.cf/TheBlockCo/status/2115…
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THE BLOCK: Galaxy Digital $GLXY reported $323 million in third-quarter net income, reversing an $85 million loss in the previous quarter. Crypto trading volumes rose 12%, its average loan book grew 27% to $1.8 billion, and the company announced a new $200 million share buyback.
THE LATENT: Galaxy Digital's data center business generated $79 million in adjusted gross profit in the third quarter, up 293% from the previous quarter. The company also expanded its data center power pipeline to more than 5.7 GW as demand for AI infrastructure grows.
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THE BLOCK: SoFi reported $161.6 million in gross crypto transaction revenue in the third quarter, up 20% from the previous quarter, following its return to crypto trading in late 2025. However, net crypto transaction revenue totaled just $1.6 million after accounting for associated costs.
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THE BLOCK: Zcash co-founder Sean Bowe proposes ending automatic community grants funding as ZCG assets reach $125 million. His draft redirects the program's remaining 8% block subsidy allocation to the Network Sustainability Mechanism while leaving its existing treasury untouched.
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THE WHITE PAPERS: @MEXC CEO @usithetalk shared his message to those still sitting on the sidelines of crypto: "Everyone will buy bitcoin at the price they deserve." He also points to stablecoins as crypto's most accessible gateway, offering access to US dollars anywhere.
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In this episode of The White Papers, @MEXC CEO @usithetalk and @imyoungsparks discuss: • The rise of AI-powered trading • Crypto's integration with traditional finance • Exchanges evolving into all-in-one financial platforms Recorded at @token2049 in Singapore. ⌛ Timestamps 01:37 - Blockchain’s ‘internet moment’ 03:52 - Usi’s transition from TradFi to crypto 07:39 - Stablecoins, tokenized stocks and Earn 10:00 - Demand for unified, 24/7 trading platforms 14:01 - The convergence of AI and crypto 18:06 - Is the AI market a bubble?
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THE BLOCK: The OCC is encouraging U.S. community banks to consider becoming permitted stablecoin issuers under the GENIUS Act, as the regulator looks to expand their role in digital payments.
🤖 Made with AI
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THE BLOCK: Four new companies — IBM, Oracle, Intel, and IonQ — have objected to OKXICE tokenizing their stocks under the SEC's innovation exemption. The number of opposing issuers has now reached 26. $IBM $INTC $ORCL OKXICE, the joint venture between OKX and NYSE parent Intercontinental Exchange, notified the SEC on Oct. 4 that it intends to offer onchain trading of US tokenized stocks on X Layer, and that issuers had 30 days to opt out.
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THE BLOCK: Spot bitcoin ETFs saw $110.3 million in net inflows on Monday, solely from BlackRock's IBIT. Spot ether ETFs reported $88.6 million in net outflows. bitcoin:native ethereum:native
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THE BLOCK: StoneX has raised its price target for Strive $ASST to $43 from $32 and reiterated its Buy rating on the stock. Strive disclosed Monday that it added 6,182 bitcoin:native between Oct. 17 and Oct. 23, bringing its total holdings to 43,000 BTC.
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