The latest Institutions news and analysis from the COINMAG newsroom.
XRP Ledger developers have outlined four amendments aimed at closing loopholes that let unapproved accounts receive restricted tokens, including LP shares and existing balances.
PEPE surged 17% on Oct. 28 after Justin Sun’s $51 million purchase, but a Binance hack that dumped 7 trillion tokens later pressured the meme coin.
Trezor is treating a single report of a cellular‑enabled circuit board inside a Safe 5 sold by former reseller CryptoBilis as credible and urges all customers to transfer assets to a new wallet.
U.S. spot Bitcoin ETFs recorded $423 million of inflows over three sessions, with BlackRock’s iShares Bitcoin Trust accounting for almost all of the latest $137 million addition.
Amazon’s cloud unit reports a $578 billion backlog, growing faster than its 39% revenue increase, raising concerns over capacity constraints and spending plans.
Alice & Bob’s new research suggests a fault‑tolerant quantum computer with about 29,600 physical qubits could solve Bitcoin’s elliptic‑curve signature in roughly 62 minutes, tightening timelines for post‑quantum upgrades.
Flare Networks joins the XRP Ledger Foundation’s recommended validators as Anodos Finance steps down, strengthening Flare’s role in XRPL consensus and DeFi integration.
Circle seeks SEC clarification to count compliant stablecoins as cash for capital and reserve rules, while testing USDC settlement on ACI’s payments platform in Colombia.
Allium has resumed normal data delivery for 18 major chains on Snowflake and Databricks, while backfills and some feature restrictions remain pending.
Robinhood reported a 12% rise in total net revenue for Q3 2026, but cryptocurrency transaction revenue fell 55% year‑over‑year to $120 million as crypto volumes slipped 38%.
Anthropic’s seven co‑founders collectively hold roughly 1.4% of the AI firm, a stake that could be worth more than $200 billion under a $2 trillion IPO valuation.
MicroStrategy posted a historic $20.9 billion operating income for Q3 2026, driven largely by a $68.9 billion valuation of its 848,517 Bitcoin holdings.
On Oct. 29, on‑chain analysis showed more than $5.5 billion moved from Binance‑linked wallets, prompting Tether and Circle to freeze roughly $1.8 billion of stablecoins.
Singapore authorities say malicious hardware in Ledger devices sold locally caused at least S$3.5 million in crypto losses, prompting a broad safety advisory.
Dubai startup Utexo plans a November 28 launch of Tether’s USDT on Bitcoin, using the RGB protocol for privacy and Lightning for fast payments, aiming for up to $10 bn in volume.
DTCC’s Depository Trust Company activated its tokenization platform, allowing 20 major firms to mint and transfer blockchain tokens representing U.S. equities, ETFs and Treasuries.
Ripple announced an almost $900 million annualized product‑revenue run rate and a new RLUSD integration with Coinbase, citing over 1,700 institutional clients and $16 trillion in transaction volume in 2025.
Coinbase reported a $719 million net profit for Q3 2026, largely from crypto investment gains, while subscription services and prediction markets lifted revenue diversification.