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SAP Pay adds USDC payments, with Circle Mint access required

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SAP Pay adds USDC payments, with Circle Mint access required
Circle has added a USDC payment route to SAP Pay through a partnership with payments provider Tereina, letting eligible businesses use stablecoins inside their existing SAP workflows. Access requires an institutional Circle Mint account and depends on regional availability, according to Circle’s SAP Pay page. The Oct. 7 announcement says Circle’s integration with Tereina, the … Read more

Polygon’s 8 million USDT0 holders face scrutiny as 58% of growth matches scam patterns

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Polygon’s 8 million USDT0 holders face scrutiny as 58% of growth matches scam patterns
Polygon’s surging USDT0 holder count masks shrinking balances and suspected scam activity amid its broader push into stablecoin payments. An Oct. 7 investigation by blockchain analytics firm Bitquery found that addresses matching scam patterns accounted for 58% of the net growth in Polygon’s USDT0 holders since August 2025, raising questions about the quality of adoption … Read more

Coinbase rolls out 10x spot leverage, but blocks US retail from it

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Coinbase rolls out 10x spot leverage, but blocks US retail from it
Coinbase plans to introduce spot borrowing with up to 10x leverage, letting eligible traders borrow against collateral to buy crypto on spot markets, but US customers who do not qualify as Eligible Contract Participants will be excluded. The exchange’s Oct. 7 announcement puts the rollout in the coming weeks. Access will depend on customer eligibility … Read more

Coinbase streams $150,000 Singapore trading cup and crowns its first champion

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Coinbase streams $150,000 Singapore trading cup and crowns its first champion
Coinbase streamed an in-person trading competition from Singapore on Oct. 8, advertising $150,000 for the trader crowned Coinbase Champion and presenting the event as a spectator tournament. The company’s Token 2049 Champions Cup page billed the contest as an esports-style perpetual-futures tournament featuring 10 traders and one winner. Its standings tracked the traders’ profit and … Read more

Locked liquidity did not stop this $14 million crypto pool drain

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Locked liquidity did not stop this $14 million crypto pool drain
The PancakeSwap pool for 79AU, 79thVault’s token, lost $14.35 million in USDT on Oct. 7 through two selling wallets, according to a Bitquery investigation published Oct. 8. Bitquery found that 79% of the pool’s liquidity-provider receipts had been burned. But a permission inside 79AU let tokens leave the pool without payment. Those tokens were then … Read more

EU regulators target non-compliant stablecoins with a 90-day deadline

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EU regulators target non-compliant stablecoins with a 90-day deadline
Crypto firms authorized under the EU’s Markets in Crypto-Assets regulation (MiCA) should resolve EU clients’ remaining exposure to non-compliant stablecoins through their services within three months, according to a new opinion from the bloc’s markets watchdog. The European Securities and Markets Authority (ESMA) published the opinion Oct. 8. Where national regulators find legacy exposures, ESMA … Read more

Why XRP’s 63 billion circulating tokens don’t tell buyers what’s for sale

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Why XRP’s 63 billion circulating tokens don’t tell buyers what’s for sale
For XRP buyers, available supply depends on the price they are willing to pay. The token’s roughly 63.09 billion circulating supply gives the market’s scale; sell orders show the quantities being offered at particular prices. XRP Insights, a ledger-data tracker, counted 21.97 billion XRP in exchange-attributed wallets at 08:00 UTC on Oct. 8, across 699 … Read more

Bitcoin crashes through $81,000 buy wall as $1 billion crypto liquidation bloodbath unfolds

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Bitcoin crashes through $81,000 buy wall as $1 billion crypto liquidation bloodbath unfolds
Bitcoin registered an intraday low near $80,000 as a cryptocurrency selloff triggered over $1 billion in liquidations, overwhelmingly hitting traders betting on higher prices. The largest cryptocurrency traded around $80,744 as of press time, down 3% over 24 hours and roughly 4% over the past week, extending a retreat from its recent attempt to reclaim … Read more