CriptoBR_

Population of Brazil: 212.6 million inhabitants.

People with internet access: 180 million Brazilians.

Cryptocurrency investors: 10 million Brazilians, representing 5% of the total population.

In other words, there is significant growth potential.

Franklin brings a US$ 200 million fund to the XRP Ledger

📋 Summary
Franklin Templeton added about US$ 150 million in sgBENJI shares to the XRP Ledger, bringing the fund’s position on the network to approximately US$ 200 million. The move reinforces institutional use of the XRPL, but all shares remain concentrated in a single wallet controlled by signatories linked to the issuer.

Franklin Templeton added about US$ 150 million in new shares of its tokenized money market fund to the XRP Ledger (XRPL). Following the issuances, the asset’s balance on the network reached nearly 193 million shares, valued at approximately US$ 200 million based on the price recorded in the transactions.
The move nearly quadrupled sgBENJI’s presence on the XRPL in a short period: the previous balance was about 48 million shares. The expansion shows that one of the world’s largest asset managers is increasing its use of a public blockchain to record regulated financial products, although the structure remains highly centralized.
Two US$ 75 million issuances
According to an analysis published by CoinDesk, two US$ 75 million subscriptions were recorded on the network. The fund then issued two lots of just over 72.18 million shares each, priced at US$ 1,039 apiece.
Public XRP Ledger records identify Franklin Templeton as the institution associated with the operation. They make it possible to verify the issuance data, but do not reveal who provided the funds or whether the receiving wallet represents a single investor, a custodian, or several clients pooled in an omnibus account.
This detail matters because all sgBENJI shares on the XRPL are held in a single wallet. The receiving address uses the same set of eight authorized signatories observed on the issuing account, with two signatures required to validate a transaction. The structure is consistent with institutional controls, but limits the ability to determine the actual number of investors from on-chain data alone.

Futu enables BNB deposits and withdrawals in Hong Kong

Futu Securities has enabled BNB deposits and withdrawals via the BNB Smart Chain for eligible professional investors in Hong Kong. The integration connects self-custody wallets to a regulated brokerage.

Senate presses Tether over payments to former aide’s firm

Senator Richard Blumenthal demanded documents on payments of more than US$$ 6 million attributed to Tether to a consulting firm linked to former White House crypto adviser Bo Hines. The investigation seeks to clarify possible conflicts of interest during the drafting of the GENIUS Act, but has not established any violation of the law so far.

Swell pauses swETH and rswETH withdrawals after pricing error

Swell has suspended deposits and withdrawals of swETH and rswETH while it fixes inflated rates in its contracts. The protocol says funds are safe but has not provided a timeline for reopening.

Malaysia and Thailand join stablecoin project

📋 Summary
The central banks of Malaysia and Thailand have joined BLOOM, an initiative led by Singapore to test international payments using regulated stablecoins and tokenized deposits. The project brings together banks, card networks, blockchain companies, and the World Bank to reduce costs and improve interoperability between networks.

The central banks of Malaysia and Thailand have joined BLOOM, a public-private initiative led by the Monetary Authority of Singapore (MAS) to develop cross-border payments using digital money. The announcement, made on Friday (23), expands regulatory coordination across Asia around regulated stablecoins, tokenized deposits, and settlement between different networks.

The move matters because the project aims to address one of the biggest obstacles to the institutional adoption of digital assets: enabling tokenized currencies and deposits to move between banks, countries, and different infrastructures without requiring separate integration for each counterparty. In practice, BLOOM seeks to create common models for acceptance, foreign exchange, and settlement.

What Malaysia and Thailand will do in BLOOM

According to MAS’s official statement, Bank Negara Malaysia and the Bank of Thailand are joining BLOOM as public policy makers. The three central banks will work with companies in their respective markets to align rules and practices for international digital payments.

The initiative focuses on three areas. The first is the acceptance and settlement of different forms of digital money across jurisdictions. The second is technical and operational interoperability between networks. The third involves programmable controls, such as identity verification, sanctions screening, and transaction limits.

This combination shows that the project is about more than just technology.

SEC puts tokenization under scrutiny in 2027

The SEC included securities tokenization among its examination priorities for 2027, focusing on infrastructure and critical systems.

HSBC launches RedCoin for 3.3 million users

📋 Summary
HSBC has launched RedCoin, a stablecoin pegged to the Hong Kong dollar, for payments on PayMe. The regulated currency could reach 3.3 million users and more than 100,000 merchants, bringing digital assets closer to everyday use.

HSBC launched RedCoin (RCHKD), its first stablecoin, this Friday (23), initially distributing it through the PayMe app in Hong Kong. The digital currency, pegged to the Hong Kong dollar, will be available to a base of more than 3.3 million users, who will be able to activate a wallet in the app in the coming days.

The move puts one of the world’s largest banks directly into the stablecoin payments market. According to HSBC’s official announcement, RedCoin can be used for transfers between people and for payments at more than 100,000 merchants that already accept PayMe.

How RedCoin will work on PayMe

Each RedCoin is designed to be worth one Hong Kong dollar and redeemable on a one-to-one basis. The bank says the asset is fully backed by segregated, liquid, high-quality reserves under license FRS02, granted by the Hong Kong Monetary Authority (HKMA).

In practice, users will be able to convert their balance into RCHKD and send the stablecoin to contacts or pay merchants through the familiar PayMe interface. Custody will be handled by HSBC Digital Assets Custody, while issuance and transfers will use smart contracts on the bank’s proprietary distributed ledger network.

This architecture highlights an important difference from open stablecoins such as USDT and USDC: RedCoin is being launched within a regulated banking environment and, initially, will circulate through HSBC channels. The institution itself emphasizes that the stablecoin wallet is not a bank account and is not covered by Hong Kong’s deposit protection scheme.

Bitcoin ETFs lose US$ 635 million in one day

U.S. spot Bitcoin ETFs recorded outflows of US$ 635.5 million, wiping out October’s recovery and deepening institutional caution.

BNB Chain revenue rises 54%, but active users decline

BNB Chain’s economic revenue increased 54% in the third quarter, to US$ 54.2 million. Growth came despite a 14% drop in daily active addresses.

PancakeSwap plan faces 98% rejection

📋 Summary
PancakeSwap’s “The Flip” proposal had accumulated about 98.2% opposition this Friday (23), one day before voting ends. The plan would increase the share of fees allocated to liquidity providers to 88%, reduce daily CAKE emissions by 69%, and change a major part of the token-burning mechanism.

PancakeSwap’s most ambitious proposal to overhaul its fee economics is heading for a significant defeat. This Friday (23), approximately 1.23 million votes — about 98.2% of the total voting weight — opposed “The Flip,” while just over 22,000 supported the plan. Voting ends on October 24, and the result could still change before the polls close.

The project, introduced by the DEX’s core team, known as The Kitchen, aims to replace some of the incentives paid through CAKE emissions with revenue generated by trading activity itself. In practice, liquidity providers on the v3 and Infinity versions would receive 88% of swap fees, up from the current 66% to 68% in most pools.

What would change for CAKE and liquidity providers

According to PancakeSwap’s official proposal, daily emissions would fall from 22,500 to 7,000 CAKE, a reduction of approximately 69%. That means 15,500 fewer tokens per day, or nearly 5.7 million per year at the final stage.

The cut would be implemented in two stages. First, the change would roll out network by network, bringing emissions down to 11,000 CAKE per day. The second phase would reduce the amount to 7,000 tokens once CAKE reached the 20% supply reduction target set out in Tokenomics 3.0. The remaining 7,000 CAKE would be allocated to the Pantry, a fund focused on ecosystem growth.

At the same time, the protocol’s share of fees on v3 and Infinity would fall to 12%.

Ethereum delays Glamsterdam on Hoodi over contract risks

The Ethereum Foundation has delayed Glamsterdam on Hoodi to investigate risks posed by EIP-8037 in contracts. Mainnet users do not need to take any action.

Starknet approves research into leaving Ethereum and becoming an L1

The Starknet community supported researching an independent, post-quantum blockchain. The vote does not authorize leaving Ethereum.

China seeks to confiscate 61.8K BTC seized in the UK

Chinese prosecutors have sought the confiscation of 61,896 BTC seized by British authorities in the Zhimin Qian case. The dispute, valued at around US$$ 5.1 billion, opens a second legal front and could determine how much the scheme’s victims will be able to recover.

Load a crypto card with Pix without having to buy crypto first: that’s KluubPay’s offering.

The platform brings together Pix, conversion between Brazilian reais and $USDT on the Polygon network, a card with a preloaded balance, and bill payments—all in one account.

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Coinbase fined €3.25 million in Ireland

The Central Bank of Ireland fined Coinbase’s local subsidiary €3.25 million for shortcomings in protecting customer funds and overseeing outsourced services. The company says no customers lost money.

BNB Chain and PancakeSwap deny exposure to PHP2Shell

BNB Chain and PancakeSwap say they do not use PHP following a global alert about two critical vulnerabilities known as PHP2Shell.

Bitcoin falls to US$ 82 thousand after testing US$ 85 thousand

Bitcoin gave back its gains up to the US$ 85 thousand region and retreated to near US$ 82 thousand. Weakness in technology stocks once again pressured risk assets, despite renewed inflows into spot ETFs.

Alpenglow goes live, bringing Solana to 150 ms finality

📋 Summary
Alpenglow went live on Solana’s mainnet, replacing TowerBFT and moving validator votes off the blockchain. The network is targeting finality in about 150 milliseconds, but independent measurements after activation are still needed to confirm real-world performance.

Solana activated Alpenglow on Wednesday (21), its biggest change to the network’s consensus system since launch. The new protocol took over on mainnet at slot 459,653,000, retiring TowerBFT, the voting model validators had used since 2020.

The main promise is to cut the time it takes for a transaction to become irreversible from seconds to approximately 150 milliseconds. In practice, this could bring the experience of on-chain payments, deposits, and trading closer to the speed users perceive in centralized systems. However, the 150 ms figure is still a design target, not an independently verified measurement established on mainnet.

How Alpenglow changes Solana’s consensus

Under TowerBFT, validators recorded their votes as transactions on the blockchain itself. Several rounds of voting had to accumulate before a block reached finality—the point at which it can no longer be reversed.

Alpenglow introduces Votor, a protocol that lets validators exchange votes directly and aggregate them into certificates. According to Solana’s official documentation, a block can be finalized in one or two rounds. Contract execution, the Solana Virtual Machine, fees, and existing programs are unchanged in this first phase.

Activation took place in epoch 1064, following an initial window of 5,000 slots still operating under the previous system. The network had already laid the groundwork by reducing the interval between blocks to 200 milliseconds in October. The new consensus addresses a different metric: how long it takes for a block to be considered final.

Standard Chartered signs deal to acquire Zodia Custody

Standard Chartered has signed a definitive agreement to acquire 100% of Zodia Custody and integrate regulated crypto custody into its global operations.