🪙 BlackRock and Ondo wrap investment portfolios into single blockchain tokens
BlackRock and Ondo Finance have partnered to tokenize entire investment strategies — stocks, bond funds, ETFs — into single blockchain tokens that investors can hold directly in a crypto wallet, marking a new step in the tokenization of traditional finance.
The initiative targets a $9.8 trillion addressable market. Rather than purchasing individual assets, investors would hold a token representing a full portfolio strategy, removing several layers of traditional intermediaries from the process.
The move builds on growing institutional momentum around real-world asset (RWA) tokenization, where on-chain representations of traditional financial instruments are increasingly seen as a core infrastructure layer for the next phase of DeFi and institutional adoption.
Bitcoin held on exchanges has dropped to its lowest level since 2023, according to on-chain data, as traders continue withdrawing the asset from trading platforms.
Declining exchange reserves typically indicate that holders are moving Bitcoin into self-custody rather than leaving it available for immediate sale, reducing the liquid supply on the market.
The trend reflects sustained demand-side pressure, with fewer coins sitting on exchanges available for active trading.
Andrew Tate has deposited 20,950 HYPE tokens — worth approximately $1.87 million — into Binance, according to on-chain data.
The move comes roughly two years after his original purchase of the token, which cost him around $550,000. That position has since gained approximately 1,317%, based on figures cited in the source.
Bitcoin climbed to $86,000 to open October, with cooler inflation data and dovish commentary from two Federal Reserve speakers shifting market expectations toward a rate hold.
The macro backdrop has turned supportive for risk assets: Fed officials signaled caution on further tightening, while traders now await the next payrolls report and the October 14 CPI print for further direction on monetary policy.
🔐 Spanish Police Arrest Teen Accused of Leading KillSec Ransomware Group
Spanish authorities have arrested a 16-year-old suspected of running KillSec, a ransomware operation that extorted victims and demanded payments in cryptocurrency.
A second suspect faces extradition to Puerto Rico. Investigators are actively tracing the crypto proceeds from ransoms the group collected, making the case a cross-border law enforcement effort targeting both the operators and their financial trail.
💵 50,000 Europeans Push Back Against Central Bank Stablecoin Bans
Crypto advocacy group Stand With Crypto EU says more than 50,000 people emailed the European Commission urging it to allow stablecoin features that European central banks last week requested remain prohibited.
The emails were sent during the European Commission's active review period. Stand With Crypto EU is positioning the campaign as a direct counter to central bank pressure on the EC's stablecoin policy stance.
The clash highlights growing tension between retail crypto users and European monetary authorities over the future of stablecoin regulation under the EU's MiCA framework.