Native Bitcoin collateral on Aave triggers WBTC pool deficit

Native Bitcoin collateral on Aave triggers WBTC pool deficit
Hub suppliers would finance fast exits before permissioned buyers acquire the vaults, with escrow shortfalls reported as deficits. Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox

Kraken moves to acquire $181 million European bank in major push beyond crypto trading

Kraken moves to acquire $181 million European bank in major push beyond crypto trading
Kraken's parent company, Payward, has agreed to acquire a European bank as it expands beyond cryptocurrency trading into traditional financial services. On Oct. 14, the company announced a definitive agreement to purchase Saldo Finance Oy, a Finnish holding company that owns Lithuania-based Saldo Bank. The acquisition would give Payward control of a licensed European banking… … Read more

More than half of Ethena’s USDe backing is allocated to lending

More than half of Ethena’s USDe backing is allocated to lending
LlamaRisk’s October 12 snapshot makes available pool assets, institutional recall terms and conditional redemption access central to holders’ exits. Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox

Trump’s crypto bill loses its White House negotiator as Patrick Witt exits

Trump’s crypto bill loses its White House negotiator as Patrick Witt exits
President Donald Trump's crypto agenda has lost a White House negotiator as Patrick Witt confirms his departure and the administration's flagship digital-asset legislation remains stalled in Congress. On Oct. 15, Patrick Witt, executive director of the White House Crypto Council, confirmed his departure after nearly two years in the administration, leaving the government for an… … Read more

USDC splits global reserves as EBA enforces Nov 12 handover

USDC splits global reserves as EBA enforces Nov 12 handover
The EBA's designation brings dual supervision of Circle's EU issuer, while its Oct. 1 response seeks more flexible reserve requirements. Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox