Crypto Industry News & Market Trends

Ripple News: RLUSD Growth and Unclear XRP Link

In today‘s Ripple news, the company’s stablecoin keeps pulling away from its best-known token. Ripple USD (RLUSD) has reached a market cap of about $2.52 billion, after growing more than 85% in 2026. XRP, meanwhile, trades near $1.51, up 2.1% over 24 hours, but still about 59% below its all-time high of $3.65 set on July 17, 2025.　　This is more than a story of one Ripple asset outperforming another. The real question is where RLUSDs supply actually sits. A dollar of stablecoin on Ethereum does not create the same XRP-linked activity as a dollar on the XRP Ledger (XRPL).　　Ripple USD (RLUSD) DefilLama　　Market Intelligence: Crypto Analyst Reveals Upcoming Coinbase Listings　　Where Does RLUSDs $2.5 Billion Supply Actually Sit？　　DefiLlama data shows about $1.40 billion of RLUSD on Ethereum and $1.12 billion on XRPL. That means roughly 55% of supply lives outside the XRP ecosystem.　　Growth is coming from both sides. Over the past month, RLUSD supply on XRPL rose 7.76%, slightly faster than Ethereums 6.61%. Over seven days, though, Ethereum led with 3.89% growth against 1.88% on XRPL.　　Within XRPL, RLUSD holds a dominant position, accounting for roughly $1.2 billion, about 92%, of the ledgers stablecoin market.　　That split is not fixed. RLUSD‘s chain mix has

Yesterday 17:07Industry

KB Kookmin Bank taps BNY for digital wallet payments

KB Kookmin Bank has signed a strategic agreement with BNY covering cross-border digital asset payments and remittances as the South Korean lender expands its international payment services.　　SummaryKB Kookmin Bank has signed a BNY agreement covering cross-border digital payments and remittance services globally.BNY named Kookmin Bank among initial users of its newly launched Pay-to-Wallet cross-border payment capability.Pay-to-Wallet uses existing SWIFT messages and correspondent banking infrastructure to reach participating retail digital wallets directly.BNY combines its U.S. dollar clearing network with round-the-clock processing for approved payment markets and corridors.KB previously launched blockchain-based corporate cross-border payments through J.P. Morgans Kinexys network across ten countries successfully.　　BNY confirmed on Sept. 28 that Kookmin Bank is among the initial Asia-Pacific users of its new Pay-to-Wallet capability, which lets banks send cross-border payments from customer bank accounts directly to participating retail digital wallets using existing SWIFT messages and correspondent banking infrastructure.　　The memorandum of understanding was signed during Sibos 2026 at the Miami Beach Convention Center in Florida. KB Kookmin Bank said the agreement covers cooperation in digital payments, digital assets and cross-border remittance services, with BNYs global payment network forming part of the planned infrastructure.　　Source: X　　For Kookmin Bank customers, the first stated use case centers on overseas remittances,

Yesterday 17:05Industry

Quant Price Hit $373 This Week Then a 2019 Whale Cashed out $2 Million

AQuant (QNT) holder who pulled coins off exchanges in 2019 sent 9,000 QNT worth roughly $2 million to Coinbase and Kraken earlier today, booking an 884% gain on a $22.57 cost basis.　　Key TakeawaysA 2019-era Quant wallet sent 9,000 QNT to Coinbase and Kraken on Sept. 29 at about $222 per token.QNT ran from about $61 on Sept. 16 to $373 on Sept. 27 after The Clearing House picked Quant.Four linked wallets still hold 25,200 QNT, worth near $6.2 million, after the Sept. 28 split.　　The Alert That Lit up QNT Twitter　　Onchain trackers flagged the deposits early Tuesday, calling the wallet a seven-year position and pegging the average entry at $22.57. The tracker said the entity had withdrawn 53,632.95 QNT, then worth about $1.21 million, from major exchanges between May 2019 and November 2022.　　The latest batch landed at a deposit price of $222.09, per the post, which works out to the 884% return that got screenshotted everywhere. The Arkham address page shows how the coins were split:Two Coinbase deposits of 4,000 and 3,000 QNTOne 2,000 QNT deposit to Kraken.　　How Did the Coins Get There？　　While the alert makes it sound like one wallet did everything, that wasnt the case. A quick look at

Yesterday 17:01Industry

Apple Patches Critical iPhone Flaw Linked to Crypto Attacks

Apple has patched a serious iPhone vulnerability that may have already been exploited in highly sophisticated attacks, with blockchain security firm SlowMist warning that the flaw is particularly relevant to cryptocurrency users.　　The vulnerability, tracked as CVE-2026-86950, affects Apples CoreGraphics framework and could allow attackers to execute arbitrary code after a device processes a maliciously crafted file.　　Apple addressed the issue with the release of iOS 26.7.1 and iPadOS 26.7.1 on Sept. 28. The company said it was aware of a report indicating that the vulnerability “may have been exploited in an extremely sophisticated attack against specific targeted individuals” running versions of iOS released before iOS 27.　　Apple described CVE-2026-86950 as an out-of-bounds write vulnerability, meaning malicious data could cause software to write information outside the memory area allocated to it. Such memory-corruption bugs can potentially be leveraged to make a device execute attacker-controlled code.　　The vulnerability was reported by Meta Product Security, according to Apple. The company fixed it by introducing improved bounds checking.　　Why crypto users could be at risk　　Blockchain security firm SlowMist has drawn attention to the update because of recent iOS exploitation activity involving cryptocurrency users.　　“Apple has released an important security update for iOS/iPadOS 26.7.1, addressing CVE-2026-86950, an out-of-bounds write vulnerability

Yesterday 16:07Industry

Bitcoin Price Dips Below $83K as 129,197 Traders Get Wiped out

Roughly $500 million in leveraged crypto bets were liquidated in a single day as the bitcoin price slipped under $83,000, and the push came from outside crypto, namely oil, bonds and a rare gold rout.　　Key TakeawaysAbout $500M in positions and 129,197 traders were liquidated in 24 hours as BTC broke below $83,000.Gold fell 3.4% on Sept. 28, a 2.9-sigma move The Kobeissi Letter ranks among the rarest since 2006.CME Fedwatch puts October hike odds at 70.3%, leaving $82,000 and $79,500 as the levels traders watch.　　It Started With Oil　　The chain reaction began on Monday, Sept. 28, when President Donald Trump rejected Irans latest proposal to reopen the Strait of Hormuz. As a result, Brent crude climbed back above $100 a barrel, up 3.2% on the day.　　Higher oil means stickier inflation, and markets moved fast to price that in, with the CME Fedwatch tool showing traders assigning a 70.3% probability to an October Federal Reserve rate hike, up from 64.2% a day earlier, per a USAGOLD market report. The 10-year Treasury yield climbed back above 5.2%, while the 30-year topped 5.3%.　　Lastly, Bitcoin.com News recently asked whether oil really moves bitcoins price, and the answer was a “no and yes.” This week landed

Yesterday 15:30Industry

Peter Brandt Names Stellar (XLM) as Long-Shot Crypto Pick

Veteran commodity trader Peter Brandt has singled out Stellar (XLM) as a cryptocurrency worth watching over the next several years.　　“If you want to bet on a long shot (next few years), $XLM is a good pick,” Brandt wrote in a recent social media post.　　The trader accompanied his comment with a long-term monthly chart of XLM.　　XLM price spikes nearly 7%　　Brandts post comes as Stellar is enjoying some notable upward momentum.　　XLM is currently trading at roughly $0.2233, up 6.9% over the past 24 hours. The token traded between $0.2071 and $0.2343 during the same period, meaning it briefly climbed more than 13% from the session low to the intraday high.　　The rally has been boosted by some developments surrounding the Stellar ecosystem. On Sept. 22, stablecoin infrastructure provider BVNK announced that it had integrated Stellar into its payments platform. As reported by U.Today, Stellar has also recently added the USDT0 stablecoin.　　Brandts massive XLM chart　　The monthly XLM/USDT chart stretches all the way back to the 2017-2018 cryptocurrency boom. It shows a huge descending trendline connecting the major historical peaks and extending through the 2021 and subsequent market cycles.　　At the same time, Brandt draws an upward-sloping support line underneath XLMs long-term price action. Together, the

Yesterday 14:16Industry

Coinbase powers Citi’s new stablecoin rails, and corporate banking faces a major shift

Citi institutional clients can now accept stablecoin payments through Spring by Citi using Coinbases payments infrastructure, Coinbase said on Sept. 28.　　Related Company Coinbase A leading digital currency company　　The exchange also said its Virtual Accounts can automatically convert incoming fiat into stablecoins using Citis Virtual Account Wallet. The announcement gives the companies earlier digital asset payments partnership two defined uses, one for receiving stablecoins and the other for moving money received in a conventional currency into them.　　For Citis institutional clients, the relevant service is Spring by Citi, as Coinbase supplies the infrastructure that enables stablecoin acceptance through it. A business using that route would begin with a stablecoin payment.　　Coinbase describes the capability as available now, but its announcement does not identify a client that has processed a payment through Spring or disclose how much has been transacted.　　Coinbase Virtual Accounts address the other side of the exchange between traditional money and stablecoins. Citis Virtual Account Wallet powers the accounts, which Coinbase says give customers fiat wallets that automatically convert incoming fiat.　　The described flow starts with a traditional currency payment and ends with stablecoins in the customers account. The company has not specified the eligible currencies or stablecoins in the public summary, so

Yesterday 14:00Industry

Nvidia's CEO draws Pope Leos criticism as AI safety concerns surge 50%

Pope Leo XIV has condemned US President Donald Trump and Nvidias CEO, Jensen Huang, for downplaying the threat posed by AI technology. The Pope said that ignoring the threats posed by technology endangers our common future, and that the world should take human safety more seriously.　　Earlier this month, Huang rejected the idea of new rules to protect people from potential risks posed by artificial intelligence, contrary to some other executives‘ views. He noted, “We don’t need new laws — we dont need new regulations.”　　He further asserted that developers should not have to choose between moving fast and staying safe, insisting that rapid technological progress and robust security can absolutely go hand in hand.　　More recently, the firm just launched new AI safety tools, including its watchdog system Sentry. Pope Leo told reporters he saw the firm‘s safety-related rollout, but he questioned how dedicated Huang really is to safety, given his opposition to federal oversight. “He’s the same one, however, that says there should be no limits placed and no government regulation,” he said.　　Discover more　　Bitcoin price tracker　　Coinbase trading platform　　FINANCE　　Pope Leo asks leaders to cooperate in addressing AI safety concerns　　In the first days of taking office, Pope Leo XIV had designated AI as

Yesterday 12:36Industry

Who Is John Waldron？ Goldman's Likely Next CEO and His 2021 Bitcoin Remarks

John Waldron, long seen as Goldman Sachs next CEO, said in 2021 that client demand for Bitcoin (BTC) was rising. That remark offers a view into how he approaches crypto.　　The Wall Street Journal reported that Goldmans board discussed a handover from David Solomon. Waldron could take over around the end of 2027 or in 2028, though the bank says no definitive timeline exists.　　Sponsored　　Sponsored　　Who Is John Waldron, Goldmans Likely Next CEO？　　Waldron, 57, joined Goldman in 2000. He became co-head of investment banking in 2014. Since October 2018, he has been president and chief operating officer (COO), the same month Solomon was named CEO.　　In 2025, the board added him as a director and gave him a retention bonus. Wells Fargo analyst Mike Mayo has linked his expected rise to that award.　　It was reported that Waldron is unlikely to change the strategy Solomon devised.　　“They have been driving Goldmans priorities together.”　　Mayo said of Waldron and Solomon.　　Sponsored　　Sponsored　　Meanwhile, Waldron has led one major initiative. The banks proxy statement credits him with developing OneGS 3.0, an AI-driven efficiency plan. A staff memo in October 2025 capped headcount growth through year-end and flagged limited role cuts.　　What Did Waldron Say About Bitcoin in 2021？　　In March 2021, Waldron said more

Yesterday 12:34Industry

Bitcoin holds $83,000 as ZEC drops 12% and oil climbs again

“Bitcoin has pulled back to $83K, testing the lower boundary of last weeks consolidation range,” Alex Kuptsikevich, chief market analyst at FxPro, said in an email to CoinDesk. As with the market as a whole, a retest of the $82K region, where peaks were formed in May and early September, is entirely to be expected under current conditions.　　“Looking ahead, a sustained return to prices below $80K would be an important signal that the market is not ready to move higher for some time yet. If, however, this consolidation is soon followed by a new bullish momentum, it could send the leading cryptocurrency well above $90K,” he added.　　The pressure is coming from bonds and oil.　　Treasuries steadied in Asia after tumbling during U.S. trading, with the 10-year yield up one basis point to 5.25% after reaching its highest level since 2007 on Monday. A higher guaranteed return on government debt raises the bar for holding assets that pay no income, bitcoin among them.　　Brent rose more than 1% to nearly $107 a barrel, its second straight gain, as hopes for an imminent diplomatic breakthrough with Iran faded.　　Pricier oil feeds into inflation, and traders have been adding to bets that the Fed will raise

Yesterday 12:17Industry

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