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BitcoinWorldQapture Investments Launches the Qapture Safe Haven Vault (QHVN-USD) — Institutional-Grade Stablecoin Yield, Delivered On-Chain
Digital asset management pioneer launches institutional-grade stablecoin yield strategy designed for risk-conscious investors, delivered on-chain
HAMILTON, Bermuda, Nov. 4, 2026 /PRNewswire/ — Qapture Investments Ltd., a Bermuda-based digital asset management firm led by Frederick Pye, founder of 3iQ Corp., today announced the launch of the Qapture Safe Haven Vault (QHVN-USD), a strategy managed by Qapture Investments (BVI) Ltd. QHVN-USD gives qualified high-net-worth, professional and institutional investors a new way to earn a return on their USD-backed stablecoin holdings, available through Qapture’s vault platform or, for eligible U.S. clients, through an SEC-registered investment adviser.
With over a three-year track record, the QHVN-USD strategy seeks to generate consistent returns by providing liquidity to stablecoin liquidity pools in decentralized finance (DeFi), powering how people swap digital assets in a decentralized way. It is designed to serve as an income strategy for treasuries and risk-conscious investors, investing in liquidity positions in major USD stablecoin pairs on established DeFi protocols, within defined risk limits.
“DeFi needs regulated, professionally managed investment products for greater investor adoption. To address this, we started QHVN-USD to bring the optimal strategy to investors — an attractive risk-conscious yield product built on high-quality USD stablecoins. Now we’re bringing it to investors in the right way: a low-friction, easy-to-access wrapper, simplifying access to institutional-grade DeFi yield,” said Brendan MacNeil, Head of DeFi at Qapture.
Qapture Vaults
QHVN-USD is offered through a new category of investment technology – a vault. The QHVN-USD Vault combines the operational efficiency of DeFi with the governance standards and compliance framework required by regulated investment managers. The first QHVN-USD Vault is offered as a separately managed account (SMA) under an investment management agreement with Qapture Investments (BVI) Ltd., accessed through Qapture’s new vault platform.
A vault is a set of smart contracts through which Qapture manages assets on behalf of investors, according to a defined strategy. Investors can see what the vault holds and how it’s performing at all times, but they don’t manage it themselves; the strategy runs under detailed rules that can’t be changed without investor knowledge. The investor’s holdings are calculated and published daily. Qapture cannot move investor assets on its own or send them outside an approved list of addresses. Investors can request a withdrawal at any time, processed under the redemption terms of their investment management agreement.
QHVN-USD is the first offering on Qapture Vaults, a simple platform where Qapture will bring future strategies to market on-chain. The Qapture Vaults platform runs users through a KYC/KYB onboarding flow, and access to products is only available to verified eligible investors. The platform is where Qapture will deliver institutional-grade strategies on-chain, as it aims to become a global on-chain investment management platform.
“As our first vault offering, QHVN-USD sets our standard for risk-managed on-chain yield,” said Daniel Pye, President of Qapture. “Institutional investors moving on-chain need a flight to quality — a baseline above idle stablecoin holdings. Every strategy we bring to Qapture Vaults from here builds on the same standard of compliance and risk management, giving institutions and qualified investors a professionally managed platform to put on-chain treasuries and capital to work.”
How QHVN-USD Vault is used
QHVN-USD was designed for three types of eligible investors:
Family Offices & High-Net-Worth Investors. For investors new to digital assets, QHVN-USD is designed as a risk-conscious yield source for an income portfolio. For DeFi-native investors, QHVN-USD is a place to park USD-stablecoins between opportunities and earn a competitive return, without managing on-chain positions manually.
Treasuries and Institutional Investors. For treasuries and funds sitting on idle stablecoin reserves, QHVN-USD offers highly liquid institutional-grade DeFi yield for a portion of those reserves or for pod allocations.
Platforms and Earn programs. For regulated fintech and Web3 platforms that want to offer their users a way to earn on their stablecoin holdings, where their own licences or registrations and applicable law permit it, offering DeFi yield as a new income-generating opportunity.
U.S. Access through an SEC-Registered Investment Adviser
QHVN-USD launches in collaboration with Protocol Wealth, which may make the strategy available to its eligible advisory clients in the United States. Protocol Wealth, LLC is a Denver-based SEC-registered Investment Adviser (RIA). Through its advisory platform, Protocol Wealth will evaluate QHVN-USD for clients seeking stablecoin yield exposure, subject to its standard suitability and diligence process, making Protocol Wealth one of the first RIAs to bring an on-chain vault to its clients, offered within the trusted advisory relationship they already have.
“U.S. investors are increasingly seeking access to on-chain strategies, but they need structures that align with institutional standards. Our collaboration with Qapture allows us to evaluate QHVN-USD for eligible clients and, where appropriate, provide access within an SEC-registered advisory relationship,” said Jason Leupold, Chief Investment Officer, Protocol Wealth.
Institutional Infrastructure
QHVN-USD is backed by a multi-layered institutional infrastructure stack:
Vault Technology — Midas & 1Token
Midas (Aegis Labs) provides the white-label vault infrastructure powering QHVN, including token issuance, Oracle-based NAV pricing, and mint/redeem mechanics. Midas’s platform supports over US$1 billion in assets across various institutional vault products and a total of over US$4B in total assets minted.
1Token provides the institutional-grade portfolio reporting and NAV accounting system required to support QHVN’s daily NAV pricing. 1Token supports over $20B in asset monitoring globally.
“Transparency is critical for institutional on-chain vaults, but the data behind a strategy often spans both on-chain and off-chain sources. 1Token helps Qapture bring that data together into a consistent portfolio accounting and NAV framework, supporting reliable daily vault pricing and investor reporting. This gives investors a clearer view of how the strategy is performing and gives managers the infrastructure to operate institutional-grade DeFi products at scale,” said Damon Xu, Co-Founder and CEO of 1Token.
MPC Wallet Infrastructure — Fordefi
The vault is built on Fordefi’s institutional-grade MPC wallet platform, using multi-party computation to protect investor funds and a policy engine that enforces how assets can move within the strategy mandate. Fordefi secures more than $64 billion in monthly transaction volume for over 350 institutions.
“Institutional adoption of on-chain vaults requires more than secure wallet technology. It requires clear transaction intent, enforceable policies, and governance that can scale across organizations. Fordefi’s MPC infrastructure, policy engine, and approval groups allow QHVN-USD to maintain clear custody boundaries while ensuring sensitive actions are reviewed by the appropriate quorum. This combination of self-custody, control, and operational clarity gives institutions the foundation they need to execute on-chain strategies at scale,” said Josh Schwartz, co-founder and CEO at Fordefi.
Disaster Recovery & Key Management — Nemean Services
Nemean Services serves as a Trusted Third Party holding backup key material for the vault’s disaster recovery process, designed to help restore access to investor assets in adverse events.
“Institutional digital asset infrastructure cannot rely on a single organization, system or individual remaining available at all times. True resilience requires an independent recovery layer that sits outside the day-to-day operational environment. Nemean provides that layer for QHVN, securely protecting the recovery capability and ensuring that, should the unexpected happen, there is a robust and independently controlled path to restore access to investor assets. Combining strong primary wallet security with independent disaster recovery creates the multi-party resilience institutions should expect from on-chain financial products,” said Oliver Cummings, COO, Nemean Services.
Real-Time Risk Monitoring — HypernativeHypernative provides real-time monitoring and threat detection across the vault’s on-chain activity and underlying protocols, helping Qapture identify emerging risks and respond rapidly to potential security incidents.
“Institutions evaluating on-chain yield are no longer asking whether DeFi works. They are asking who is watching it. Hypernative provides that layer for QHVN, monitoring vault activity and protocol-level risk continuously so Qapture’s team sees emerging threats early enough to act rather than react,” said Gal Sagie, Co-Founder & CEO at Hypernative.
About Qapture Investments
Qapture Investments Ltd. is the Bermuda-based digital asset management arm of the Pye family office. Founded by Frederick Pye — the Canadian pioneer behind 3iQ Corp, who bridged BTC and ETH into public markets through early exchange-listed products — Qapture Investments Ltd. operates as a proprietary trading firm, and investment management is conducted through Qapture Investments (BVI) Ltd., a BVI company approved by the British Virgin Islands Financial Services Commission as an Approved Investment Manager. Qapture Investments (BVI) Ltd. is the investment manager of Qapture Digital Asset Fund Ltd. (QDAF), a private fund registered with the Bermuda Monetary Authority, and of the QHVN-USD separately managed accounts. For more information, visit www.qapture.io.
IMPORTANT NOTICE / DISCLAIMER
This press release is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy securities or any other financial product. The Qapture Safe Haven Vault (QHVN-USD) is offered as a separately managed account (SMA) managed on a discretionary basis by Qapture Investments (BVI) Ltd. Participation is available only to eligible professional, accredited and institutional investors in accordance with applicable laws and regulations, and QHVN-USD is not available to retail investors. Qapture Investments Ltd. does not provide investment management services to QHVN-USD investors. In the United States, QHVN-USD is available only to eligible advisory clients of Protocol Wealth, LLC, an SEC-registered investment adviser that remains the investment adviser to its own clients and is responsible for their onboarding and suitability. Midas, 1Token, Fordefi, Nemean Services and Hypernative provide technology, reporting, wallet, recovery and monitoring services and do not provide investment management services for QHVN-USD. This press release is not directed at, and QHVN-USD is not offered to, any person in any jurisdiction where such offer or access would be unlawful. Returns are not guaranteed, and withdrawals are subject to the terms of the applicable investment management agreement. Past performance is not indicative of future results. Digital assets and DeFi protocols involve significant risk, including the potential loss of principal. This material is subject to change without notice.
Forward-looking statements. This press release contains forward-looking statements. All statements other than statements of historical fact are forward-looking statements, including statements about the expected returns, liquidity and risk profile of QHVN-USD, the availability of the Qapture vault platform and future strategies, access through Protocol Wealth, and the services of third-party providers. They are often identified by words such as “seeks,” “expects,” “aims,” “intends,” “will,” “may” or similar expressions. These statements involve known and unknown risks and uncertainties that may cause actual results to differ materially, including the performance and security of decentralized finance protocols and smart contracts, the stability of stablecoins and their reserves, market liquidity, the performance of third-party service providers, changes in laws and regulations, and the timing and outcome of any required regulatory approvals. Undue reliance should not be placed on these statements. They speak only as of the date of this press release, and Qapture undertakes no obligation to update them, except as required by law.
SOURCE Qapture Investments
This post Qapture Investments Launches the Qapture Safe Haven Vault (QHVN-USD) — Institutional-Grade Stablecoin Yield, Delivered On-Chain first appeared on BitcoinWorld.

BitcoinWorldMeridiedgeOne: Advantages of the Company’s Service
For participants in modern financial markets, having a platform that blends ease of use with thoughtful functionality is essential. MeridiedgeOne aims to offer an environment where clients feel assured, gain access to diverse opportunities, and can put them to work effectively.
The company focuses on delivering high-quality service, shaping a comfortable and intuitive experience while providing conditions that help make working with financial instruments more organised and productive. In doing so, MeridiedgeOne creates a space where clients can develop and refine their skills and take full advantage of the possibilities available to them.
Ease and Convenience
A key focus for MeridiedgeOne is ensuring a comfortable user experience on the platform. The company offers various account types, each tailored to different strategies and preferences. This approach allows traders to select the operating format that best aligns with their goals and style. Regardless of their intended level of activity, customers can choose the optimal option and use the platform’s features with maximum efficiency.
A wide range of payment methods offers an additional advantage. Clients can choose the option that suits them best and get started quickly. This saves time and makes the work flexible and convenient. The platform’s interface also attracts attention. It is designed so that even a novice user can easily grasp its functionality. A logical structure, clear controls, and well-thought-out navigation allow traders to focus on their work and utilise the platform’s capabilities in full. All of this makes the experience of using MeridiedgeOne pleasant and intuitive.
Tools for Profitable Trades
Success in the financial market requires access to high-quality tools that facilitate timely decision-making. MeridiedgeOne provides its clients with a broad array of capabilities, enabling them to stay informed and use all emerging opportunities.
Analytics is a key component of the service. Customers gain access to detailed materials that help shape strategies, serving as a foundation for decision-making. Furthermore, the MeridiedgeOne platform is equipped with trade management tools. Clients can easily monitor their operations and adjust their strategies in line with current conditions. User-friendly instruments enable confident, focused work, creating an environment conducive to achieving goals. These features help users feel secure and seize market opportunities in a timely manner.
Support’s Assistance
Another key advantage of MeridiedgeOne is the ability to benefit from the team’s recommendations. The company’s specialists possess years of experience and deep knowledge of financial markets, allowing them to offer valuable advice. Their experience spans a range of instruments, from modern digital assets to more traditional currencies, stocks, commodities, etc.
This type of support is particularly valuable for those looking to grow and hone their skills. Team recommendations help clients better understand market dynamics, spot promising opportunities, and formulate well-thought-out strategies. As a result, they gain added confidence and can operate more effectively. The MeridiedgeOne team strives to ensure that every client feels supported and knows that experts are on hand to share their experience and assist in achieving goals. This makes using the platform more comfortable.
In Summary
MeridiedgeOne provides a convenient, high-quality service for its clients. The platform’s ease of use, wide range of account options and payment methods, access to analytics, trade management tools, and support from an experienced team all combine to create a solid foundation for success.
The company is committed to ensuring that every client can effectively utilise the available tools, grow, and achieve their objectives. MeridiedgeOne demonstrates a high standard of service, making the platform experience comfortable, modern, and productive. Through this approach, the broker demonstrates a commitment to growth and to offering solutions that make interacting with the platform as seamless and effective as possible.
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BitcoinWorldEventus International Announces Inaugural iGaming Talent & Career Summit 2027 Amid Industry Layoffs and Workforce Transformation
New Malta summit to bring industry leaders, employers and professionals together as rising costs, regulatory pressures and AI reshape the future of work in iGaming.
Against a backdrop of layoffs, corporate restructuring and growing workforce uncertainty across the iGaming and online betting industry, Eventus International has announced the launch of the inaugural iGaming Talent & Career Summit 2027, taking place on 8 – 9 April 2027 in St. Julian’s, Malta, under the theme “Where Change Creates Opportunity.”
The announcement comes as operators and gaming businesses face increasing pressure from higher taxes, evolving regulatory requirements, industry consolidation and the accelerating adoption of artificial intelligence. As companies reassess their operations and workforce strategies, experienced professionals are confronting an increasingly uncertain employment landscape, raising important questions about job security, future skills and career opportunities.
While these changes present challenges, they are also reshaping how businesses operate, creating demand for new capabilities and opening opportunities for professionals willing to adapt. Yet, despite the industry’s continued focus on technology, regulation and commercial growth, the impact of this transformation on its people has received comparatively little attention at major industry gatherings.
Recognising this gap, Eventus International is introducing a dedicated summit that places talent, leadership and career development at the centre of the conversation. Moving beyond traditional HR and recruitment conferences, the event will bring together CEOs, founders, senior executives, commercial leaders, employers and industry professionals to examine how the sector can navigate workforce disruption while preparing for its next phase of growth.
Commenting on the launch, Yudi Soetjiptadi, Founder & CEO of Eventus International, said:
“We are seeing significant changes across the iGaming industry, with rising taxes, increasing regulatory pressures and the growing use of AI leading many businesses to rethink their operations and reduce their workforce. Behind these decisions are talented people facing uncertainty about their future, and we believe the industry needs to pay more attention to this.
That is why we are launching the iGaming Talent & Career Summit. We want to create a dedicated platform where business leaders, employers and professionals can come together, have meaningful conversations and identify new opportunities.
While the industry is going through a challenging period, we firmly believe its greatest strength remains its people. Our vision is to turn today’s uncertainty into tomorrow’s opportunities, inspiring professionals to move forward with confidence, encouraging businesses to invest in talent and bringing the industry together to build a stronger, more promising future.”
The two-day summit aims to connect businesses navigating change with professionals looking to advance, adapt or reinvent their careers. With an emphasis on meaningful industry engagement and opportunities beyond the conference stage, the event seeks to encourage practical conversations and lasting connections between employers, decision makers and talent across the sector.
Further details of the programme, speakers, strategic partnerships and delegate experiences will be announced in the coming months.
Eventus International welcomes enquiries from industry leaders, employers, recruitment and technology providers, prospective sponsors and professionals interested in contributing to this inaugural initiative.

Event Information
Event: iGaming Talent & Career Summit 2027Theme: Where Change Creates OpportunityDates: 8 and 9 April 2027Location: St. Julian’s, Malta
Organiser: Eventus International

Media and Event Enquiries
Lou-Mari Burnett COO, Eventus International Email: loumari@eventus-international.com Tel: +27 82 907 5850
This post Eventus International Announces Inaugural iGaming Talent & Career Summit 2027 Amid Industry Layoffs and Workforce Transformation first appeared on BitcoinWorld.

BitcoinWorldFinal Week: Asia’s Gaming Industry Prepares to Meet in Cebu for SPiCE International 2026
From the first networking luncheon to the final farewell drinks, SPiCE International 2026, the Strategic Platform for iGaming Conference & Exhibition, is built to put the right people in the same room. Its third edition takes place 12 – 13 November at Shangri-La Mactan, Cebu, the Philippines, for operators, suppliers, investors, technology leaders and regulators.
Asia’s gaming industry continues to evolve, with digital play expanding, a maturing regulatory landscape and operators placing greater emphasis on localisation, compliance and technology.
Across two days, the programme explores what those shifts mean in practice, moving from regulation and AI to procurement, player acquisition, prediction markets and capital, with the emphasis on practical answers and commercial outcomes.
Here is what attendees can expect:
Day One:
Thursday 12 November
Welcoming Networking Luncheon: Attendees will arrive, register and meet over lunch before the conference begins, with a first chance to connect with fellow professionals.
Half-Day Conference and Expo: An afternoon of expert-led sessions, including a keynote on digital product design and physical luxury, the Startup Pitch Competition, the Product Marketplace and the Casino Leaders Panel.
Awards Evening: Networking drinks and the SPiCE International Eventus Awards Ceremony, co-sponsored by Bidroid, will bring the first day to a close.
Day Two:
Friday 13 November
Full-Day Conference and Expo: A complete day of sessions on the creator economy, winning players in regulated markets, AI in iGaming, the CEO Technology Forum and prediction markets, closing with a fireside chat on where capital is flowing.
Farewell Drinks: A final chance to continue the conversations and follow up on the connections made.
Meet the Speakers
Jonas Diego (Senior Gaming Consultant) chairs both days of the conference. The line-up brings together operators, suppliers, consultants, legal experts and technology leaders from across the region:
Crystal Nadal, Head of Business Development, Asia, Tom Horn Gaming
Evan Spytma, CEO, Casino Plus
Joe Pisano, CEO, Jade Group of Companies
Rhaymond Torres, Specialist, Casino Regulatory Compliance, Okada Manila
Spandan Mahanta, Director – Product Design, City of Dreams, Manila
And many more!
Final Call to Register
With the event almost here, now is the time to secure a place. Those looking to meet decision-makers, gain practical insight into what operators are buying and how markets are changing, and turn conversations into partnerships are encouraged to register now.
12 – 13 November 2026 | Shangri-La Mactan, Cebu, the PhilippinesRegister now: https://www.spiceseries.com/si
Sponsorship and Exhibition Enquiries:
Lou-Mari Burnett
Chief Operating Officer
Eventus International
loumari@eventus-international.com
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BitcoinWorldOnly 1 Week Left: Prediction Markets Summit Europe 2026 Meets Gibraltar
With exactly one week remaining, Eventus International is making final preparations for the inaugural Prediction Markets Summit Europe 2026 (PX Markets Summit Europe), taking place from 9 – 10 November 2026 aboard the Sunborn Gibraltar.
As event-based trading rapidly emerges as one of the most transformative developments across global financial markets, digital assets, and data-driven forecasting, the summit gathers global regulators, platform founders, institutional operators, legal advisers, and industry innovators. The two-day gathering will examine how prediction markets will scale sustainably, maintain market integrity, and integrate into mainstream financial and regulatory systems.

Two-Day Event at a Glance
Day 1| Monday, 9 November
Half-Day Conference, Startup Pitch, & Opening Reception
13:00 – Registration & Opening Keynote: Delegate check-in and the Pop-Up Expo open at 13:00, followed by the Opening Keynote Address at 13:30 by the Summit Chairperson.
14:00 – Startup Pitch Competition: Three shortlisted startups pitch their platforms and business models to an expert judging panel, culminating in the winner announcement at 16:30.
17:00 – 20:00 – Welcoming Networking Reception: Day 1 concludes aboard the Sunborn Gibraltar with an exclusive drinks reception, giving speakers, sponsors, and delegates a relaxed environment to connect.

Full-Day Main Conference, Pop-Up Expo, & Farewell Drinks
09:00 – Keynote & Strategic Scene-Setting: Opens with a Ministerial Keynote Address by Minister Nigel Feetham KC MP (Minister for Justice, Trade & Industry, Government of Gibraltar) on regulating event contracts, followed by a strategic presentation that will compare sportsbook risk with prediction market mechanics.
10:00 – European Regulatory Frameworks: An executive panel examines MiCA, European classification divergence, and financial vs. gambling oversight.
11:30 – AI, Technology & Market Integrity: Interactive sessions throughout the day cover automated market makers, continuous liquidity, machine learning forecasting, and transparent event resolution.
14:30 – Commercial Growth & Global Expansion: Afternoon panels explore trillion-dollar market growth projections, media expansion, institutional investment, and international licensing challenges.
17:00 – 19:00 – Farewell Drinks Reception: Concludes with Chairperson closing remarks at 17:00, followed by Farewell Networking Drinks from 17:15 onwards.

Meet the Full Speaker Lineup
The conference features an elite roster of public officials, legal authorities, and platform pioneers, including:
Andrew Lyman, Gambling Commissioner & Executive Director, Gambling Division, Government of Gibraltar
Christina Thakor-Rankin, Principal Consultant, 1710 Gaming Ltd
Gayle Kimberley (Dr.), Partner, GKF Legal
Jon Russell, Founder, Straight Forecast
Judith Glynn (Dr.), Head of the Centre of Excellence in Responsible Gaming (CERG), University of Gibraltar
Targ Patience, Co-Founder, Dolya Consultants
AND MANY MORE!

Last Chance to Register – Secure A Pass Today
With only seven days remaining, delegate passes, VIP upgrades, and exhibition spaces are rapidly filling.
Licensed Operators and Affiliates: Qualified operators and affiliates may apply for complimentary passes, subject to approval and availability.
Delegates and C-Level Executives: Standard and VIP delegate passes grant access to all conference streams, daily networking luncheons, refreshment breaks, and the official Welcoming Evening.
Sponsors and Exhibitors: Custom branding and exhibition packages remain available to position products and services directly before senior decision-makers and regional regulators.

For sponsorship or exhibition enquiries, contact:
Lou-Mari Burnett, Chief Operating Officer, Eventus International
loumari@eventus-international.com
+27 82 907 5850
This post Only 1 Week Left: Prediction Markets Summit Europe 2026 Meets Gibraltar first appeared on BitcoinWorld.

BitcoinWorldRAK Energy Summit returns with expanded programme focused on energy security, competitiveness and sustainability
The third edition will bring together regional and international leaders to address the GCC’s evolving energy challenges and accelerate the energy transition.
Ras Al Khaimah, United Arab Emirates, November 02, 2026:
RAK Energy Summit will take place on November 25–27, 2026 at the RAK Expo Center in Ras Al Khaimah. It will bring together regional decision-makers and experts to illuminate crucial topics for the energy transition and decarbonisation in the GCC.
Held under the patronage of His Highness Sheikh Saud bin Saqr Al Qasimi, UAE Supreme Council Member and Ruler of Ras Al Khaimah, the summit, in its third edition, is themed “Create and Contribute to the Sustainable Energy Goals of the Future.” The event is hosted by Ras Al Khaimah Municipality in partnership with Etihad Water & Electricity (EtihadWE) and it is supported by the UAE Ministry of Climate Change & Environment, the UAE Ministry of Energy and Infrastructure, the UAE Ministry of Industry and Advanced Technology, the Environment Agency Abu Dhabi, the International Renewable Energy Agency (IRENA), Gulf Organisation for Research & Development (GORD) and 19 local government entities in Ras Al Khaimah.
HE Munther Mohammed bin Shekar, Director General of Ras Al Khaimah Municipality, said: “We are honoured to welcome policymakers, industry leaders, innovators and experts from around the world to RAK Energy Summit 2026. At a time when energy is increasingly shaping how economies compete, the Summit provides an important platform to exchange ideas, foster partnerships and accelerate the practical actions needed to build energy systems that are secure, competitive, and sustainable.”
HE Engineer Yousif Ahmed Al Ali, CEO of EtihadWE said: “Reliable and efficient water and electricity infrastructure is essential to economic growth, industrial competitiveness and quality of life. At EtihadWE, we are modernising our networks and adopting smart technologies to strengthen energy and water security, improve resource efficiency and meet the needs of growing communities and businesses across the Northern Emirates.
Our partnership with Ras Al Khaimah Municipality for RAK Energy Summit reflects our commitment to turning sustainability goals into practical outcomes. The Summit provides an opportunity to share our experience and work with partners across government and industry on solutions that support the UAE’s energy transition and long-term development priorities.”
Building on the success of previous editions, the Summit returns with an expanded three-day format featuring keynote presentations, panel discussions, fireside chats and dedicated forums addressing critical energy-sector priorities, including natural hydrogen, sustainable communities, resilient energy-water systems, renewable energy and storage deployment, industrial decarbonisation, sustainable transport, green finance, emissions reporting and sustainable urban development.
The programme will see participation of several leading international organisations, such as the International Energy Agency (IEA), International Renewable Energy Agency (IRENA), the Delegation of the European Union to the UAE, the United Nations Industrial Development Organization (UNIDO), the Urban Planning & Design Institute of Shenzhen (UPDIS), the International Association of Public Transport (UITP), Shenzhen Institute of Building Research, and EDF; leading regional organisations such as the Gulf Organisation for Research & Development (GORD), the Regional Center for Renewable Energy and Energy Efficiency (RCREEE) and the GCC Interconnection Authority (GCCIA); leading companies based in the UAE such as RAK Ceramics, RAKBANK, BEEAH, Rana Group; real estate developers such as Marjan, RAK Properties, Al Hamra Real Estate Development and Aldar; UAE local government entities such as Environment Agency Abu Dhabi, Integrated Transport Centre (Abu Dhabi Mobility), RAKGAS, Ras Al Khaimah Tourism Development Authority (RAKTDA), RAK Transport Authority (RAKTA), Environment Protection & Development Authority (EPDA); and industry stakeholders such as Emirates Nature-WWF, Emirates Environmental Group, Emirates Green Building Council (EGBC), Eurovent Middle East, Dii Desert Energy, and Industrial & Financial Systems (IFS), among others. Together, they will contribute policy, industry and technical perspectives on the priorities defining the energy transition of the region.
To register for the Summit, visit www.rakenergysummit.com.
–END–

About Reem and Ras Al Khaimah Municipality
Reem, the Sustainable Energy Sector of Ras Al Khaimah Municipality, supports the implementation and ongoing development of the Ras Al Khaimah Integrated Sustainability (RIS) Strategy 2050, launched under the patronage of His Highness Sheikh Saud bin Saqr Al Qasimi, UAE Supreme Council Member and Ruler of Ras Al Khaimah. By fostering a local market for energy efficiency and renewable solutions, Reem aims to build a resilient and environmentally conscious community. Ras Al Khaimah Municipality, which was established in 1959 by an Emiri Decree issued by His Highness Sheikh Saqr bin Mohammed Al Qasimi and remains committed to providing a comfortable environment in which people can live and work.
About EtihadWE
Etihad Etihad Water and Electricity (EtihadWE) is a federal utility company fully owned by the Emirates Investment Authority, responsible for providing essential electricity and water services across the Northern Emirates. The company plays a vital role in enabling sustainable economic and community growth through reliable infrastructure, smart technologies, and a strong commitment to environmental stewardship.
EtihadWE serves approximately 2 million people through more than half a million active accounts, operating a power and water network that spans over 23,000 kilometres, and managing a water storage capacity of around 600 million gallons.
About Ras Al Khaimah
Ras Al Khaimah (RAK), the fourth largest Emirate in the UAE, is known for its nature, rich history and progressive vision under HH Sheikh Saud bin Saqr Al Qasimi. Committed to sustainable development, economic prosperity, social development and innovation, RAK is an ideal place to live, work and invest.
Strategically located – with one third of the world’s population within a four-hour flight – RAK is a gateway to the Middle East and beyond. Its economy is diverse, with no sector accounting for more than 27% of GDP. The emirate offers a business-friendly environment with competitive operating costs, 100% foreign ownership, zero income tax and low corporate tax. It is home to 50,000+ companies, with RAKEZ and Innovation City supporting growth across industrial, manufacturing and digital sectors, backed by a future-focused economy validated by ‘A’-range credit ratings.
Its 0.4 million population comprises 150+ nationalities, each appreciating RAK’s high quality of life and accessible luxury living. Its bold hospitality projects involve luxury global brands, such as Wynn, Four Seasons, Nobu, Waldorf Astoria and Ritz-Carlton. RAK Central will redefine the commercial and residential landscape, while the Emirate’s natural beauty (UAE’s highest mountain, beaches and deserts) and rich heritage further enhance its appeal.
With year-round sunshine, simple business set-up, a competitive cost of living and great lifestyle, Ras Al Khaimah offers limitless opportunities.

For further information on RAK Energy Summit, contact:
English Media Liaison:
Priyanka Sachidanandan
Email: priyankas@mecollabevents.com
Phone: +971 58 563 1235
For Arabic Enquiries:
Sana Adam Sy
Project Coordinator
Phone: +971 55 650 0294
Email: sana.sy@mun.rak.ae
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BitcoinWorldBybit’s 41st Proof-of-Reserves Audit Reports $17.3 Billion in Mainstream Assets
DUBAI, UAE, Nov. 3, 2026 /PRNewswire/ — Bybit, the New Financial Platform trusted by more than 80 million users worldwide, has released its 41st Proof-of-Reserves (PoR) report, reflecting asset balances as of October 27, 2026, at 06:00 UTC. Independently verified by HACKEN, the report shows that Bybit’s platform reserves exceeded user liabilities for all 50 in-scope assets, representing $17.3 billion in mainstream asset value.
The October report maintains coverage of 50 assets, including mainstream assets such as USDT, USDC, BTC and ETH, all with reserve ratios above 100%.
Key Metrics (as of October 27, 2026 at 06:00 UTC)
USDT Reserve Ratio: 112% (~3.72 billion USDT in wallet backing ~3.31 billion USDT in user assets)
USDC Reserve Ratio: 405% (~571.8 million USDC in wallet backing ~140.9 million USDC in user assets)
BTC Reserve Ratio: 102% (58,643 BTC in wallet backing 57,373 BTC in user assets)
ETH Reserve Ratio: 101% (566,997 ETH in wallet backing 558,637 ETH in user assets)
As institutional and retail participation in digital assets continues to grow, proof of reserves has become a baseline transparency measure across the industry. Bybit’s 41st Proof-of-Reserves report offers an independently verified view of reserve balances and user liabilities, giving added visibility into the exchange’s custody and solvency position.
Reserve balances and verification records are published on Bybit’s Proof-of-Reserves page and updated on a recurring basis.
#NewFinancialPlatform
About Bybit
Bybit is The New Financial Platform.
We believe every person should have access to every financial opportunity on earth. That’s why we’re building the first intelligent platform that connects anyone, anywhere to the world’s finance.
Trusted by more than 80 million users worldwide, Bybit brings together investing, trading, payments, and wealth-building in a single secure and intelligent ecosystem. Through the combination of AI-powered technology, deep global liquidity, robust security, and transparent operations, Bybit makes global finance more accessible, efficient, and empowering for everyone.
Built for everyone. Powered by intelligence. Open to the world.
Learn more at Bybit.com.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: media@bybit.com
For updates, please follow: Bybit’s Communities and Social Media
Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | YouTube
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SOURCE Bybit
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BitcoinWorldBybit Renews P2P Super Deal with Up to 99% Savings for New Users
DUBAI, UAE, Nov. 3, 2026 /PRNewswire/ — Bybit, the New Financial Platform trusted by more than 80 million users worldwide, has launched the latest round of its Bybit P2P Super Deal, a new-user exclusive promotion offering guaranteed coupons worth up to 99 USDT and savings of up to 99% on eligible P2P orders.
From now to March 30, 2027, P2P Super Deal continues Bybit’s long-running tradition of rewarding newcomers with meaningful incentives as they begin their crypto journey on the platform’s popular peer-to-peer marketplace.
Eligible new users may complete a first-time deposit or trade of just 10 USDT via Bybit P2P to unlock a guaranteed coupon valued between 10 and 99 USDT, which can be applied to the next eligible P2P order for savings of up to 99%.
How It Works
Signing up and verifications: New users must create a Bybit account and complete the necessary identity verification and visit P2P Super Deal to confirm eligibility.
First deposit starting at 10 USDT: Participants can locate the “P2P Super Deal” task on the Bybit P2P Trading page and complete an initial deposit.
Lucky draw chance: Upon completing the deposit task, a spin of the lucky draw wheel offers a chance to win a coupon valued at up to 99 USDT.
Applying the coupon: The coupon can be applied to the next P2P order, reducing the fiat amount paid and delivering savings of up to 99%.
The latest Bybit P2P Super Deal presents a bonus opportunity. For participants who complete an eligible trading or deposit task at 100 USDT or more, an additional spin is available for them to unlock more chances to win higher-value rewards.
Bybit offers year-round benefits for the trading community across its products and services. Bybit P2P combines zero trading fees, support for a wide range of fiat currencies, and an enterprise-grade escrow system, making it an intuitive and powerful platform for both new and experienced traders.
More details on event mechanics, eligibility, and terms and conditions are available at: Learn more about the P2P Super Deal
#Bybit / #NewFinancialPlatform
About Bybit
Bybit is The New Financial Platform.
We believe every person should have access to every financial opportunity on earth. That’s why we’re building the first intelligent platform that connects anyone, anywhere to the world’s finance.
Trusted by more than 80 million users worldwide, Bybit brings together investing, trading, payments, and wealth-building in a single secure and intelligent ecosystem. Through the combination of AI-powered technology, deep global liquidity, robust security, and transparent operations, Bybit makes global finance more accessible, efficient, and empowering for everyone.
Built for everyone. Powered by intelligence. Open to the world.
Learn more at Bybit.com. For more details about Bybit, please visit Bybit Press For media inquiries, please contact: media@bybit.com For updates, please follow: Bybit’s Communities and Social Media
Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | YouTube
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BitcoinWorldTokenInsight Q3 Report: MEXC Ranks No. 2 in Commodity Perpetuals with 17.43% Market Share
MUTSAMUDU, Comoros, Nov. 2, 2026 /PRNewswire/ — MEXC, a pioneer in 0-fee digital asset trading, ranked second in commodity perpetuals trading volume in Q3 2026, capturing a 17.43% market share, according to TokenInsight’s Crypto Exchange Report. TradFi perpetuals accounted for 17.38% of MEXC’s derivatives trading volume, the third-highest proportion among the nine exchanges tracked.
The report examined 20 exchanges, including 11 selected for in-depth analysis based on market share, trading volume, and open interest.
In Q3, MEXC recorded $1.069 trillion in total trading volume, ranking fourth among the exchanges covered in the report. Its market share reached 8.91%, up 0.38 percentage points from the previous quarter, marking the third-largest increase among major exchanges. Derivatives trading volume reached $963 billion, representing a 9.67% market share and ranking fourth among exchanges. Together, MEXC, Binance, OKX, and Bybit accounted for approximately 70% of the derivatives market.
MEXC Ranks No. 2 in Commodity Perpetuals
MEXC recorded $86 billion in commodity perpetuals trading volume in Q3, accounting for 17.43% of the market and ranking second among exchanges. Its trading volume was roughly twice that of the third-ranked exchange, while MEXC and Binance together accounted for approximately three-quarters of the commodity perpetuals market.
Across the commodity perpetuals market, gold (XAU) accounted for 51% of trading volume, while gold, silver (XAG), and WTI crude oil together represented 91%. MEXC ranked second in both gold and silver perpetuals.
Among the eight commodities examined, MEXC placed in the top three in six. It ranked second in gold (XAU), silver (XAG), Brent crude (BZ), copper, and platinum (XPT), and third in palladium (XPD).
TradFi Perpetuals Account for 17.38% of MEXC’s Derivatives Volume
TokenInsight reported that TradFi perpetuals represented 17.38% of MEXC’s derivatives trading volume in Q3, the third-highest proportion among the nine exchanges tracked, behind Binance (26.25%) and Bitget (22.06%). MEXC was one of five exchanges where TradFi perpetuals accounted for more than 10% of derivatives trading volume, alongside Binance, Bitget, OKX (15.76%), and Gate (12.32%).
Across the nine exchanges, TradFi perpetuals reached $2.1 trillion in Q3 trading volume, with equity perpetuals accounting for 77%, or $1.61 trillion. Monthly TradFi perpetuals volume peaked at $793 billion in August, while commodity perpetuals volume increased throughout the quarter, reaching $188 billion in September.
MEXC Holds 7.28% of Equity Perpetuals Market, Ranks No. 2 in NVDA
MEXC recorded $117 billion in equity perpetuals trading volume in Q3, representing a 7.28% market share and ranking fourth among the nine exchanges tracked. Its trading volume was just $5 billion behind the third-ranked exchange.
Equity perpetuals trading was concentrated in the top 20 contracts, which accounted for 88% of total volume, with the top five alone representing 64%. Memory-chip stocks and ETFs were particularly active, accounting for seven of the top 20 contracts. MEXC ranked second in NVDA and SAMSUNG perpetuals, and third in SKHYNIX, SOXL, MU, and TSLA. Overall, MEXC placed among the top three exchanges in six of the 20 equity perpetuals contracts.
Full report: TokenInsight Crypto Exchange Report, Q3 2026
About MEXC
Founded in 2018, MEXC is a leading global multi-asset trading platform built as your 0-fee gateway to infinite opportunities. Serving users across 170+ markets, MEXC provides simple and efficient access to crypto, stocks, tokenized assets, derivatives, and a growing range of TradFi-linked opportunities through one account and one gateway.
With 0 trading fees, deep liquidity, broad asset coverage, and a high-performance trading experience, MEXC is designed for retail users who want to discover earlier, act faster, and trade with fewer barriers. As crypto and traditional finance continue to converge, MEXC is committed to making global opportunities more accessible, helping users trade freely and MEXCmize every opportunity.
MEXC Official Website｜ X ｜ Telegram ｜How to Sign Up on MEXC
Risk Disclaimer:
This content does not constitute investment advice. Given the volatility of financial markets, including digital assets, tokenized assets, and traditional financial products, investors should carefully assess market conditions, underlying asset fundamentals, and potential financial risks before making any investment or trading decisions.
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SOURCE MEXC
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BitcoinWorldFinoLama: Robust platform features
The FinoLama platform is designed for those who strive for efficient trading and wish to utilise modern tools for confident asset management. Combining advanced technology, user-friendliness, and a wide range of features, it serves as a versatile solution for both novice and experienced traders alike.
FinoLama helps clients save time, access important information, and develop their own unique approach to the financial markets. Thanks to its well-thought-out structure and flexible capabilities, the platform creates a comfortable environment where everyone can grow and achieve their goals. It integrates technology, convenience, and a logical layout to provide an optimal experience for customers of all skill levels.
Functionality and interface
One of FinoLama key advantages is its functionality. The platform provides clients with tools to manage trades effectively and plan their actions in advance. These instruments foster a consistent working environment, allowing customers to remain confident and operate at a pace that suits them. The ability to monitor the progress of operations helps traders build strategies in a more structured and productive manner.
The platform’s interface is designed with usability in mind. Its logical structure, intuitive element placement, and clear navigation allow even first-time users to get up to speed quickly. Each section is laid out so that clients can easily locate the functions they need and work with them comfortably. FinoLama is available on all devices, ensuring a flexible and mobile experience. Customers can use the platform at home, in the office, or while travelling, maintaining access to their operations whenever it is convenient.
Personalised approach
FinoLama places great importance on ensuring that every client feels confident from the very first moment of interaction. The system of different account types deserves special attention. It is designed to allow every customer to choose a format that suits their skill level and goals.
Beginners have access to accounts with basic features that help them get settled, acquire initial skills, and build confidence. They allow for a gradual introduction to the process, utilising tools that facilitate the creation of simple, straightforward strategies.
FinoLama advanced account types provide access to expanded functionality, additional tools, and unique features that enable the development of multi-stage strategies and maximise operational efficiency. This approach makes the platform versatile, ensuring every client receives the specific set of features that aligns with their level and objectives.
Analytics and expert support
Access to high-quality analytics and professional support is essential for successful trading. FinoLama offers clients a wide range of data that help them better understand market conditions and make informed decisions. These materials are based on current trends and provide valuable guidance for strategy development.
In addition, FinoLama platform users can depend on expert assistance. Specialists offer recommendations that help clients trade assets with confidence and develop their own approach. This collaborative format fosters a supportive environment where they feel secure and have the opportunity to grow by using professional expertise.
The combination of analytics and expert support makes the trading process on the platform more structured and effective. Clients gain access to information that helps them act consistently, formulate strategies, and achieve their goals.
About FinoLama
The FinoLama platform combines advanced technology, user-friendliness, and a wide range of features, enabling clients to trade assets effectively and develop their skills. Modern features, a well-designed interface, a flexible account system, high-quality analytics, and expert support create a favourable environment for productive work.
All this makes FinoLama a powerful tool that helps clients save time, make informed decisions, and confidently pursue their goals. Thus, the platform offers extensive opportunities for effective trading and serves as a partner for those striving for success.
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BitcoinWorldCoinbase Stock Falls 10.6% Despite $719M Q3 Profit
Coinbase shares fell 10.62% to close at $143.54 on October 30, 2026, the day after the exchange reported $719 million in third-quarter net income — up from $433 million a year earlier, according to Ambcrypto. The stock is down 39.31% year to date, and the gap between the profit headline and the sell-off comes down to where the money actually came from.
Coinbase reported $719 million in Q3 2026 net income, but about $715 million of it came from gains on crypto investments. Revenue fell roughly 34–35% year over year, and the quarter’s filing disclosed executive trading plans covering about 13.6 million COIN shares. Key facts
COIN fell 10.62% on October 30 to $143.54 and is down 39.31% in 2026 so far, per Ambcrypto.
Q3 net income was $719 million versus $433 million a year earlier; adjusted net income was $78 million and adjusted EBITDA $333 million, up 60% quarter over quarter.
Roughly $715 million of the profit came from gains on crypto investment holdings, while transaction revenue slid to $590 million.
The Q3 filing disclosed Rule 10b5-1 plans adopted by CEO Brian Armstrong, co-founder Fred Ehrsam and President Emilie Choi, covering potential sales of about 13.6 million shares worth roughly $2.2 billion at the October 29 close.
Prediction markets passed $200 million in annualized revenue, and crypto trading market share reached 10.7% — a fourth straight quarterly gain, crypto.news reported.
What the earnings headline leaves out
Coinbase’s net income more than doubled year over year, but the underlying operating business moved the other way. Ambcrypto reported net revenue fell 34% to about $1.16 billion, while crypto.news put the decline at 35%, to $1.22 billion, from $1.87 billion a year earlier — the two outlets differ slightly on the revenue figure.
The profit itself leans heavily on one line item: about $715 million in gains on Coinbase’s own crypto holdings. Strip out investment gains and other adjustments and adjusted net income was $78 million. Revenue pressure came from the core business — transaction revenue of $590 million, down 44% year over year according to crypto.news — even as the company logged its 15th consecutive quarter of positive adjusted EBITDA.
Market share is the counterweight to the weak trading numbers. Coinbase’s 10.7% share of global crypto volume rose for a fourth quarter in a row, and average USDC held across its products hit a record $22 billion. crypto.news also reported that subscription and services revenue reached $570 million, up 3% from the prior quarter and about 49% of net revenue.
Three separate disclosures shaped the reaction. The first is the profit mix described above. The second is the executive trading plans in the Q3 filing. The third is a breach at third-party analytics provider Amplitude that exposed contact information for some users; Coinbase said its own systems and customer funds were unaffected. Separately, the exchange’s October 30 deadline to restrict non-compliant stablecoins under the EU’s MiCA rules pushed some European traders toward decentralized exchanges.
Why it matters
For retail and institutional holders, the quarter illustrates how a crypto exchange’s reported profit can be inflated by the assets on its own balance sheet rather than by customer activity. Transaction revenue and subscription revenue are the figures that track demand for the platform itself, and both fell on an annual basis. The executive trading plans add a governance angle that shareholders tend to weigh during periods of falling prices, even though such plans are typically set in advance. Coinbase remains one of the largest venues in the market, so a quarter like this shapes how investors read the health of the broader exchange sector, not just one ticker.
What to watch
The next data point is Coinbase’s fourth-quarter report, where the market will look at whether transaction revenue stabilizes relative to the Q3 dip and whether prediction markets keep compounding from the $200 million annualized level. Any filing amendments or updates on the disclosed 10b5-1 share sales — and any further detail on the Amplitude breach — will also draw attention.
This article is for information only and is not financial advice. Crypto asset prices and related equities are volatile and uncertain, and readers should do their own research before making investment decisions. Reported profit figures for Coinbase include investment gains that may not reflect the core business.
Frequently Asked Questions
How much profit did Coinbase report for Q3 2026?
Net income was $719 million, up from $433 million a year earlier. Adjusted net income was only $78 million, because roughly $715 million of the reported profit came from gains on Coinbase’s crypto investment holdings.
How far did Coinbase stock fall and where did it close?
Shares dropped 10.62% on October 30, 2026, closing at $143.54 according to Ambcrypto. COIN is down 39.31% so far this year, per the same report.
Why did Coinbase executives adopt 10b5-1 trading plans?
Coinbase’s Q3 regulatory filing disclosed that CEO Brian Armstrong, co-founder Fred Ehrsam and President Emilie Choi adopted Rule 10b5-1 plans covering potential sales of about 13.6 million COIN shares, worth roughly $2.2 billion at the prior day’s close. These plans are pre-arranged sale schedules, not necessarily completed trades.
How big is Coinbase’s prediction markets business?
crypto.news reported that the business passed $200 million in annualized revenue during the quarter, with daily traders up more than 60% from the previous quarter. That is an annualized run-rate figure, not revenue already collected over 12 months.
What happened to Coinbase’s trading market share?
Its share of global crypto trading volume reached 10.7%, the fourth consecutive quarter of gains, even as transaction revenue fell sharply.
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BitcoinWorldDigital Assets Week to Launch in Dubai with VARA as Host Partner
Digital Assets Week Dubai will take place on 4 February 2027 at the Dubai Exhibition Centre, bringing together leaders from across institutional finance, digital assets, regulation and market infrastructure.
Dubai, UAE – Digital Assets Week, the institutional conference series focused on the transformation of capital markets through tokenisation, is set to launch in Dubai on 4 February 2027, with the Virtual Assets Regulatory Authority (VARA) confirmed as Host Partner.
Taking place at the Dubai Exhibition Centre, Digital Assets Week Dubai will bring together financial institutions, institutional investors, regulators, exchanges, infrastructure providers and other key market participants to examine the next phase of institutional digital asset adoption.
Following editions in London, New York and Hong Kong, the launch in Dubai reflects the growing role of the region in the development of regulated digital asset markets and institutional tokenisation.
The one day programme will focus on the practical developments shaping the transition towards tokenised capital markets, with discussions spanning regulation, stablecoins, tokenised deposits, custody, market infrastructure, real-world asset tokenisation, DeFi and institutional yield.
Key topics will include:
Regulation as a Competitive Advantage – What Dubai’s Specialist Model Has Delivered
The Dirham Goes On-Chain – Stablecoins, Tokenised Deposits or the Digital Dirham?
24/7 Markets and Atomic Settlement – Does the Gulf Need Them Most?
From Title Deed to Token – What Dubai’s Real Estate Experiment Is Teaching the World
Custody, Banking Rails and Institutional Plumbing
Tokenised Sukuk – Is Islamic Finance Tokenisation’s Natural Home?
Bringing DeFi Into TradFi – What Does Compliant DeFi Look Like?
Where Capital Is Flowing in Tokenisation and Stablecoin Infrastructure
Tokenised Yield for Gulf Capital – Treasuries, Money-Market Funds and Working Collateral
Digital Assets Week is built around a highly curated institutional audience, with the series designed to bring together traditional financial-market participants and the technology, infrastructure and regulatory organisations driving the development of digital assets.
The first speakers and participating organisations will be announced in the coming months.
For further information on attendance, speaking and sponsorship opportunities, visit daweek.org/dubai.
Media Enquiries
Juliet Media / Digital Assets Weekchristina@julietmedia.comwww.daweek.org
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BitcoinWorldSecurity Incident Update #2 (2026-10-30)
Fellow Binancians,
Over the past 24 hours, our teams have been working around the clock to respond to a serious security incident involving unauthorized withdrawals of funds. At around 2026-10-29 20:05 (UTC), our hot wallets were compromised, resulting in a loss of approximately $6.3B USD worth of token assets.
We recognize the seriousness of this incident and the concern it has caused across our community. We are treating this as our highest priority. We have been working non-stop on security investigation, infrastructure system upgrading, fund loss prevention and recovery. In this update, we want to give a clear summary of what has been done in the last 24 hours and what we are working towards.
We want to be clear about our commitment: Binance will absorb the financial impact of these stolen funds, not our users.

Protecting Our Users
Our first priority is to ensure that users are protected. Binance will cover all stolen funds related to this incident through our Secure Asset Fund for Users (SAFU) and our corporate treasury.
We have already set aside more than $6.34B in company funds, with $5B held in the exact impacted token assets that were stolen, such as USDC, USDT, BTC, ETH, BNB, etc. This means that we have already covered approximately 80% of the impacted amount. We are actively buying the remaining relevant token assets through market and OTC channels. We will continue to provide updates on the progress on our official channels.

What We Have Done
Since identifying the incident, we have taken immediate action to contain the threat and strengthen our security posture. We have:
Contained the compromised infrastructure, revoked affected authorizations and implemented additional controls to prevent further unauthorized activity.
Worked with law enforcement, blockchain intelligence firms, asset issuers and industry partners to trace and freeze affected assets. Approximately $3 billion has been frozen on-chain to date. Further recovery efforts to follow.
Strengthened security checks across affected infrastructure.
Temporarily suspended withdrawals while conducting additional security reviews, implementing remediation measures and validating the integrity of affected systems. Deposits and other unaffected platform services remain operational.
Continued working to restore withdrawal services safely.

What We Have Learned So Far
Our tech and security teams are still deep in the investigations of this complex hack.
Our initial investigation suggested that the incident may involve a compromised laptop, however, our subsequent investigation has uncovered additional points of breach.
At this stage, we have found no evidence that wallet private keys were leaked.
The investigation remains ongoing. We are working with internal and external security experts to establish the full attack sequence, identify all contributing factors and determine the appropriate measures to prevent similar incidents.
We expect to share further technical findings within about 48 hours once they have been verified and their disclosure will not compromise ongoing investigative efforts.

What’s Next
We are focused on four immediate priorities over the next few days:
Restoring Withdrawals: The tech team targets to start resuming the withdrawal service within approximately 34 hours, subject to the completion of security checks. This will proceed on a phased approach. We will provide updates as each phase becomes available.
Strengthening Transparency and Verification through the Proof of Reserves: We are buying the remaining 20% of the lost token assets. We plan to run an initial Proof Of Reserves snapshot in 12 hours and have the result ready by Monday 2026-11-02. These reports will provide users with an updated view of platform asset holdings and the corresponding backing of user balances. So you can verify for yourself of the latest account balances on our platform.
Recovering the frozen stolen funds: We are working with law enforcement, blockchain intelligence firms, token issuers and other exchanges to trace and recover stolen funds. We will pursue all available avenues to identify those responsible and hold them accountable.
Publishing an incident post mortem report: We are conducting a full security review and we will provide a detailed technical report outlining what happened, the lessons learned and the additional safeguards being implemented.

Our Commitment
We take full responsibility for addressing this security incident, strengthening our security infrastructure, and ensuring our users are protected.
For verified updates, please follow Binance’s official channels only, or contact us directly through the official Customer Support.
Thank you for your patience and continued trust as we work through this.
Yi and Richard
Co-CEOs of Binance
2026-10-30
Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.
Disclaimer: Digital asset prices are subject to high market risk and price volatility. The value of your investment may go down or up, and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. Past performance is not a reliable predictor of future performance. You should only invest in products you are familiar with and where you understand the risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material should not be construed as financial advice. For more information, see our Terms of Use and Risk Warning.
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BitcoinWorldGoMining Cuts Instant Funds Fees, Making Stablecoin Access Cheaper for Bitcoin Holders and Miners
Bitcoin mining platform GoMining has reduced fees for its Instant Funds service, allowing users to access stablecoin liquidity using Bitcoin or digital miners as collateral without selling their assets.
The updated fee structure lowers the maximum service fee from 2.5% to 2%, while the minimum remains at 1.5%, depending on a user’s VIP status. The new rates take effect immediately for new positions and will also apply to existing positions when they automatically renew.
The move is aimed at making short-term liquidity more affordable for Bitcoin holders and mining participants who want access to funds while maintaining exposure to their underlying assets.
Accessing Stablecoins Without Selling Bitcoin
Instant Funds allows GoMining users to obtain USDT or USDC by pledging Bitcoin or digital miners as collateral. Rather than liquidating their holdings to access cash-equivalent digital assets, users can retain ownership of their collateral while receiving stablecoins for other purposes.
The service operates on 30-day terms with automatic renewal. A one-time service fee applies to each term, with rates determined by the user’s VIP level.
Under the revised pricing, fees range between 1.5% and 2%, compared with the previous range of 1.5% to 2.5%.
Importantly, the reduction is not limited to new customers. Existing Instant Funds users will automatically receive the updated pricing when their current positions renew, without needing to close and reopen them.
The change comes as crypto platforms continue developing ways for digital asset holders to access liquidity without selling their investments.
Mining Hashrate as Collateral
One of Instant Funds’ distinguishing features is its support for Bitcoin mining hashrate as collateral, rather than relying exclusively on conventional cryptocurrencies.
GoMining’s digital miners represent mining power backed by physical Bitcoin mining equipment. These assets generate daily Bitcoin rewards, providing users with ongoing exposure to mining activity without requiring them to operate hardware themselves.
Through Instant Funds, users can pledge their digital miners to access stablecoins while the underlying mining activity continues.
Unlike arrangements that require users to give up an income-generating asset, digital miners used as collateral continue producing Bitcoin rewards, which accrue to their owners throughout the position’s term.
Users who pledge digital miners can access up to 30% of their value, with positions starting at just $5. According to GoMining, stablecoins are typically credited to a user’s account balance in approximately one minute.
This model provides an additional use case for tokenized mining power, allowing users to unlock liquidity from their mining assets while preserving their ongoing Bitcoin rewards.
“Bitcoin hashrate produces value every day, and we believe it should also give its owners flexibility when they need it. With Instant Funds, users can access stablecoins without selling their miners or interrupting their mining. Lowering the fee makes that option more accessible, for new users and for everyone already using the feature,” said Vitalii Dudik, General Manager of Money Services at GoMining.
Expanding Financial Utility for Bitcoin Miners
The fee reduction reflects GoMining’s broader efforts to expand the financial utility of Bitcoin and digital mining assets beyond traditional mining rewards.
By combining Bitcoin-backed liquidity with collateralized mining power, Instant Funds offers users an alternative to selling their holdings when they need short-term access to stablecoins.
The lower fees may be particularly relevant for users who regularly renew their positions, as the reduced pricing applies to each new 30-day term.
However, the service is not without risks. Collateral pledged through Instant Funds may be subject to liquidation, and the applicable conditions differ depending on whether users provide Bitcoin or digital miners as collateral.
Users should review the service’s Terms of Use, including liquidation conditions and renewal fees, before opening a position.
Instant Funds is available through the GoMining app in supported regions, with the revised fee structure now applying to new positions and upcoming renewals.
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BitcoinWorldEventus International Announces Oslo as Host City for 9th Annual Scandinavian & Nordic Gaming Show in October 2027
The conference will make its debut in Norway on 21 and 22 October 2027, marking the next stage in its regional expansion following eight editions hosted in Sweden and Denmark.
Eventus International, an international organiser of C-suite gaming and iGaming industry conferences, has announced that the 9th annual Scandinavian & Nordic Gaming Show (SNGS) will take place in Oslo, Norway, on 21 and 22 October 2027.
The announcement follows the conclusion of the event’s eighth annual edition and marks the first time the conference will be held in Norway. Since its launch in Sweden, SNGS has rotated between Sweden and Denmark, bringing together gaming operators, regulators, technology providers, industry associations, and other stakeholders to examine developments affecting the Nordic gaming sector. The move to Oslo reflects Eventus International’s strategy to broaden the conference’s regional reach while maintaining its focus on regulatory developments, market trends, technological innovation, and commercial opportunities across the Nordic gaming industry.
Norway’s distinct gambling regulatory framework is expected to feature prominently in discussions, alongside developments in Sweden, Denmark and other European markets. The conference will provide a forum for examining the implications of regulatory changes, responsible gambling requirements, emerging technologies, and evolving business models.
“Over the past eight years, the Scandinavian & Nordic Gaming Show has developed into a platform for industry dialogue and business engagement across the Nordic region”, said a spokesperson for Eventus International.
“Bringing the ninth edition to Oslo represents a natural progression for the event. Norway plays an important role in the wider Nordic gaming landscape, and we see an opportunity to bring together regional and international stakeholders to exchange perspectives, address industry challenges and explore future developments.”
The 2027 conference is expected to address key issues including gambling regulation and compliance, responsible gambling, player protection, artificial intelligence, payments technology, digital transformation, and international market developments.
Oslo’s established business infrastructure, international connectivity and conference facilities were among the considerations behind the selection of the Norwegian capital. The city also offers opportunities for networking and business engagement beyond the formal conference programme.
The decision to expand into Norway follows eight editions in Sweden and Denmark, reflecting Eventus International’s intention to strengthen the conference’s Nordic presence and attract participation from a broader international audience.
“Each edition of SNGS has contributed to the development of a network of industry participants across the region”, the spokesperson added. “Our objective for Oslo is to build on that foundation while introducing new perspectives and creating further opportunities for collaboration.”
Carl Fredrik Stenstrøm, Chairman of the Norwegian Online Gaming Association (NBO), shared:
“Bringing the Scandinavian & Nordic Gaming Show to Oslo in 2027 could not have come at a better time. With Finland opening its gambling market, Norway is now the last Nordic country holding on to a gambling monopoly. I strongly believe Norway will be the next to embrace a licensing system, and the momentum for change is growing. The Nordic gaming industry is entering an exciting new chapter, and Oslo is the perfect place to discuss its future. As Chairman of the Norwegian Online Gaming Association (NBO), I look forward to welcoming the industry to Norway – hopefully as we move closer to ending the Norwegian gambling monopoly.”
Commenting on the move to Oslo, Mikkel Taanum (Counsel | Advokat, Two Birds) stated:
“After eight editions alternating between Stockholm and Copenhagen, Oslo is in my opinion the natural next step, bringing a fresh Nordic perspective and new connections to an established event. Hosting the ninth edition in Norway will reinforce the show’s ambition to be a truly – and one of a kind – pan-Nordic meeting place for the gaming industry.”
Offering a broader industry perspective, Margarita Cruz (Director & Founder, Diamond28 Consulting Limited) added:
“Exciting times ahead for the Nordic gaming industry in 2027!
Bringing the 9th edition of the Scandinavian & Nordic Gaming Show (SNGS) to Oslo offers a unique opportunity to examine the region’s evolving gaming landscape from a fresh, balanced and independent perspective.
With Finland’s upcoming regulatory reforms and significant developments across the Nordic markets, Oslo provides an ideal setting to bring industry leaders, regulators and stakeholders together to explore how these changes will reshape regulatory frameworks, market competitiveness, innovation and the wider gaming ecosystem.
The Nordics continue to set important benchmarks for Europe, and 2027 promises to be a defining year for the region’s future!”
Finally, rounding out the feedback, Hayley Joseph (Business Development Manager at Amusnet Gaming) commented:
“The Eventus team brings the brains, the buzz and a whole lot of personality! They bring the right people together, turn conversations into connections and make business feel like the place to be. Serious talent. Seriously good vibes!”
The 9th annual Scandinavian & Nordic Gaming Show will be held in Oslo on 21 and 22 October 2027. Details regarding the venue, conference programme, speakers, sponsorship opportunities and registration will be announced in due course.
END

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BitcoinWorldSecurity Incident Update
Fellow Binancians,
Binance’s initial investigation suggests that the security incident may involve a compromised DevOps engineer’s laptop, which allowed an attacker to gain access to a service container and submit unauthorized withdrawal transactions. We have found no evidence of any wallet private key leak. We will share a detailed technical post-mortem once the investigation is complete and the facts are fully verified.
The estimated total impact sits at around $6.3B. We have worked with blockchain partners to freeze affected assets, with ~$3 billion frozen on-chain so far.
Binance will cover all losses from the SAFU fund and the company’s funds. User funds are safe. We will also publish an updated Proof of Reserves once the remediation is complete.
As an immediate precaution, Binance has:
temporarily suspended deposits and withdrawals while security checks are completed;
revoked the affected address authorisation;
engaged law enforcement and blockchain intelligence partners to trace and recover funds.
Our teams are working around the clock to resolve this issue safely and thoroughly. We are working closely with our law enforcement partners to confirm the identity of these criminals and bring them to justice.
Please rely only on official Binance channels for updates. Please feel free to contact Binance Customer Support if you have any further questions.
Thank you for your support!
Binance Team
2026-10-30
Trade on-the-go with Binance’s crypto trading app (iOS/Android)
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Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.
Disclaimer: Digital asset prices are subject to high market risk and price volatility. The value of your investment may go down or up, and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. Past performance is not a reliable predictor of future performance. You should only invest in products you are familiar with and where you understand the risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material should not be construed as financial advice. For more information, see our Terms of Use and Risk Warning.
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BitcoinWorldCoinbase Says Amplitude Vendor Incident Exposed Customer Contact Data
Coinbase said on Wednesday that a security incident at third-party analytics provider Amplitude exposed contact data belonging to a “small subset” of its customers, according to Cryptopotato. The Nasdaq-listed exchange said it found no evidence of unauthorized access to its own systems and that customer funds were not affected.
Coinbase denied any breach of its own systems after a security incident at analytics vendor Amplitude exposed a “small subset” of customer contact data. Customer funds were not affected, and the exchange is notifying impacted customers and regulators. Key facts
Coinbase said Amplitude, an analytics vendor, experienced a security incident that exposed contact data for a “small subset” of its customers, alongside other Amplitude clients.
The exchange said customer funds were not impacted and that it had no evidence of unauthorized access to Coinbase systems.
Coinbase is notifying affected customers and regulatory agencies in line with its legal obligations, but has not disclosed how many users were affected or which contact details were exposed.
SlowMist chief information security officer “23pds” claimed hackers obtained contact information belonging to more than 70,000 users.
Separately, South Korea’s Bithumb detected abnormal access to its in-house mobile groupware system on October 27, with some customer personal data reportedly leaked the following day.
What Coinbase has and hasn’t said
Coinbase’s support account addressed the incident directly on X, asserting that the exchange itself had not been breached. The company did not say when the Amplitude incident occurred, what kinds of contact data were involved, or which other Amplitude customers were affected.
Amplitude had not issued a public statement on how the breach occurred as of the reports. Cointelegraph said it contacted Coinbase for the number of customers affected and had not received a response by publication.
The gap between the two accounts is notable: Coinbase describes the exposure only in relative terms, while the 70,000-plus figure comes from an outside security researcher, not from the company. Even contact-only data carries risk. Exposed email addresses and phone numbers give attackers material for phishing and social engineering, particularly when messages imitate a brand customers already trust.
This is not Coinbase’s first data incident. In May 2025, the exchange disclosed a breach in which cybercriminals bribed overseas customer support agents to steal personal data, and it refused a $20 million ransom demand in favor of a $20 million bounty for information leading to the attackers’ arrest. A later filing with the Maine attorney general put that count at 69,461 customers, with names, addresses, masked Social Security numbers and government ID images exposed. Coinbase estimated reimbursement and remediation costs at up to $400 million, Decrypt reported.
The wider vendor-risk problem
The Coinbase disclosure landed on the same day as other data-security reports in and around crypto. Bithumb, South Korea’s second-largest crypto exchange, was still working to determine the full scope of an incident on its internal work platform after abnormal access was detected on October 27, per Yonhap News Agency. Brokerage Daishin Securities reported a leak involving 38,490 customers, with names, email addresses and phone numbers among the exposed data, and Mirae Asset Global Investment was also affected.
Third-party providers have become a recurring weak point. Hardware wallet maker Trezor said a breach at shipping provider ShipMonk exposed the names, phone numbers and home addresses of 67,000 U.S. customers, on top of nearly 14,000 disclosed earlier — some records dating to 2019, years after ShipMonk had told Trezor they were deleted. Trezor also warned in September about a phishing email tied to a third-party provider that falsely claimed an STM32 microcontroller flaw could put wallet recovery phrases at risk; the company said it took down the phishing domain.
Why it matters
For individual customers, the practical concern is not the exchange’s balance sheet but the inbox and the phone. A message that names a real exchange and arrives on a real registered address is far harder to dismiss, and stolen contact records stay useful for years because people rarely change numbers or move.
For Coinbase, the episode is a test of how it handles a smaller, more contained event than the 2025 breach, which cost it up to $400 million in estimated remediation. Vendors such as analytics providers often sit outside the perimeter a company monitors most closely, yet they handle exactly the customer identifiers attackers want. How quickly Amplitude explains the incident, and how precisely Coinbase scopes the affected group, will shape whether this reads as a contained vendor issue or a broader lapse.
What to watch
Amplitude has yet to publish a public account of how the breach happened, and Coinbase has not given a customer count. Bithumb is still determining how many customers were affected and which details were exposed, making further disclosures from Seoul the next concrete data point in this cluster of incidents.
Frequently Asked Questions
Did Coinbase itself get hacked?
Coinbase says no. It stated that it found no evidence of unauthorized access to its systems and that customer funds were not affected, attributing the exposure to a security incident at analytics vendor Amplitude.
How many Coinbase customers were affected?
Coinbase has not disclosed a number, describing the group only as a “small subset” of customers. Separately, SlowMist’s chief information security officer, known as “23pds,” claimed hackers obtained contact information of more than 70,000 users.
What kind of data was exposed?
Coinbase said customer contact data was involved but did not specify which details. Exposed email addresses and phone numbers can still be used for phishing and social engineering, so customers should treat unexpected messages with caution.
What happened in Coinbase’s 2025 breach?
In May 2025, Coinbase disclosed a separate breach in which cybercriminals bribed overseas customer support agents to steal personal data. A later filing with the Maine attorney general put the affected customer count at 69,461, and the exchange estimated reimbursement and remediation costs at up to $400 million.
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BitcoinWorldTalos Names Kelly Ye as Head of Research to Expand Institutional Digital Asset Data and Insights
Former Fidelity Digital Asset Management and CoinDesk Indices leader to direct research across market structure, liquidity and onchain finance
NEW YORK, Oct. 28, 2026 /PRNewswire/ — Talos, the premier provider of institutional technology and data for digital asset trading and portfolio management, announced the hiring of Kelly Ye as Head of Research. Based in New York, Ye will lead the firm’s efforts to turn data into insights for institutional clients, connecting market research to the questions clients face on market structure, liquidity, emerging opportunities and developments in onchain finance.
Ye brings nearly two decades of experience across traditional finance and digital assets, including 14 years in traditional finance spanning research, portfolio management and product development. She held investment leadership roles in digital assets at Avenir Group and Decentral Park Capital, and research and product leadership roles at Fidelity Digital Asset Management and CoinDesk Indices. Most recently, she was building Coinbridge, a company focused on bridging the capital gap for tokenized real-world assets. Ye holds a bachelor’s degree in Applied Mathematics from Peking University and a master’s degree in Operations Research from MIT, and is a CFA charterholder.
“Data has been part of our vision for Talos since the beginning, and our acquisition of Coin Metrics made it a central part of the platform,” said Anton Katz, CEO and Co-Founder of Talos. “Kelly has built research and investment products at both traditional and digital asset firms, and she understands how institutions use research to make decisions. She will help our clients interpret markets as more assets move onto digital rails.”
Ye will oversee Talos’s research program, which serves asset managers, hedge funds, banks, brokers and other institutions across the platform and the broader market. Its output includes the weekly State of the Network newsletter on the evolution of onchain finance, the State of the Market dashboard and weekly market commentary, deep-dive special reports, and quarterly and annual market reports.
Talos’s 2025 acquisition of Coin Metrics brought market data, network data, indexes and onchain analytics into Talos’s order and execution management and portfolio management systems. Ye’s appointment deepens that commitment, with a dedicated leader focused on broadening the research and data insights that help inform the decisions institutions make across the investment lifecycle.
“We’re moving beyond digital assets toward digital markets, where traditional and onchain finance are increasingly connected,” said Ye. “Institutions need rigorous research that explains how this shift changes liquidity, market structure and investment opportunities. Talos brings together execution management, portfolio management and institutional data, giving our research a practical grounding in how these markets operate. I look forward to building on the team’s work and making Talos Research a primary reference for the market.”

About Talos
Talos provides institutional-grade technology and data that supports the full digital asset investment lifecycle, including liquidity sourcing, price discovery, trading, settlement and portfolio management. Engineered by a team with unmatched experience building institutional trading, portfolio and data systems, the Talos platform connects institutions to key providers in the digital asset ecosystem – exchanges, OTC desks, prime brokers, lenders, custodians, and more – through a single interface. For additional information, visit www.talos.com.
Disclaimer: Talos offers software-as-a-service products that provide connectivity tools for institutional clients. Talos does not provide clients with any pre-negotiated arrangements with liquidity providers or other parties. Clients are required to independently negotiate arrangements with liquidity providers and other parties bilaterally. Talos is not party to any of these arrangements. Services and venues may not be available in all jurisdictions.

Media contactmedia@talos.com
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BitcoinWorldFaroo Launches stPROS on Pharos, but Adoption and Liquidity Remain Key Tests
Faroo has launched a liquid staking token on the Pharos blockchain, giving PROS holders a way to maintain a transferable representation of their staked assets rather than keeping their capital entirely tied up in conventional staking.
The product, called stPROS, became available on October 28 through integrations with Binance Web3 Wallet and OKX Web3 Wallet, according to Faroo’s announcement. The launch establishes an initial distribution route for the protocol, but the company has not disclosed how much PROS has been staked, how much liquidity is available for trading or how many users have adopted the token.
Those figures will be important in determining whether stPROS becomes a useful financial instrument or remains an early-stage addition to the Pharos ecosystem.
Liquid staking addresses a basic limitation of proof-of-stake blockchains. Users who stake tokens to support network validation can earn rewards, but unstaking may involve a waiting period during which their capital cannot be freely redeployed. Liquid staking protocols issue a separate token representing the staked position, allowing users to retain exposure to staking rewards while potentially using that token in lending markets, decentralized exchanges and other onchain applications.
Faroo’s approach uses an exchange-rate model to account for staking rewards. Rather than increasing the number of tokens in a user’s wallet as rewards accumulate, the protocol keeps the stPROS balance unchanged and increases the amount of PROS redeemable for each token over time.
In principle, this makes the token easier to account for in applications that rely on predictable wallet balances. Its economic value, however, depends on the underlying staking performance and the conditions under which stPROS can be redeemed or traded.
The distinction between accounting value and market value is important. An increase in the amount of PROS represented by each stPROS token does not guarantee that the token can be sold at an equivalent price on a decentralized exchange. If secondary-market liquidity is limited or selling pressure increases, stPROS could trade below the value of its underlying assets.
Faroo also says it has developed a redemption mechanism intended to reduce the waiting time associated with unstaking. According to the company, newly minted shares can be used to fulfill pending redemption requests when new minting activity occurs during the redemption process.
That mechanism could help users access their assets more quickly under the right conditions. However, the announcement does not establish how frequently immediate redemption will be possible, whether sufficient liquidity exists to meet large withdrawals or how the protocol would handle a surge in redemption requests.
The initial wallet integrations may help address another obstacle to adoption: the operational complexity of interacting with a new protocol. Users can access Faroo through the built-in decentralized application interfaces of Binance Web3 Wallet and OKX Web3 Wallet rather than configuring a separate interface manually.
Distribution through established wallets can reduce the number of steps required to access a product, but it does not necessarily generate sustained demand. The more meaningful indicators will be the amount of PROS deposited, the depth of stPROS trading markets and whether users employ the token in applications beyond the initial staking transaction.
Faroo is also planning to expand beyond conventional staking rewards. The company says it intends to introduce tbPROS in late November, combining proof-of-stake rewards with a framework linked to real-world assets. A separate points-based incentive program is planned for the same period.
The proposed RWA component could broaden the types of yield available through the protocol. However, the announcement does not identify the underlying assets, explain the legal structure supporting their cash flows or disclose how returns would be calculated and distributed. Without those details, it is too early to assess the product’s expected yield or risk profile.
Combining staking rewards with returns associated with real-world assets also creates a more complicated risk structure than staking alone. Investors would need to understand the source of each return, the counterparties involved and the conditions under which funds could be withdrawn. The existence of a hybrid-yield framework does not, by itself, establish that returns will be higher or more stable.
Faroo says it was selected as the first project under Pharos’ $10 million ecosystem incubation initiative and received a post-investment valuation of $10 million. It also identifies Bifrost’s SLPx technology as part of the architecture supporting its staking infrastructure. The announcement does not provide an independent security assessment of Faroo’s implementation or disclose the terms of its incubation investment.
For Pharos, the launch adds another component to its developing decentralized finance infrastructure. For Faroo, the immediate challenge is more practical: demonstrating that users have a reason to hold stPROS, that the token can be redeemed reliably and that sufficient liquidity develops to support its use across financial applications.
The planned RWA product could eventually expand the protocol’s reach, but it introduces questions that cannot yet be answered from the available announcement. Until Faroo publishes more information about adoption, liquidity, redemption performance and the structure of tbPROS, the launch is best understood as the beginning of a product rollout rather than evidence of an established yield ecosystem.
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BitcoinWorldThe trends shaping the course of Bitcoin and Blockchain at LABITCONF 2026
Ahead of their participation in LABITCONF 2026, leading figures in Latin America’s crypto ecosystem share the trends they are noticing, and those they expect to gain strength, across Bitcoin and Blockchain.
Buenos Aires, October 27, 2026 – The 14th edition of LABITCONF, the oldest Bitcoin and Blockchain conference in the world and the most prestigious in Latin America, will take place on October 30 and 31 in Buenos Aires, underscoring the steady maturation of the ecosystem.
Backed by major industry players such as Exness and Nexo, among other sponsors, the event will feature several simultaneous talk stages: Orange Pill, Vision, ABC, Workshop, B2B by IKIGII (exclusively for Business and Experience ticket holders), BitcoinAR and La Bitcoineta. Together, they will host more than 200 talks and 150 speakers.
“We are seeing a transformation in how Bitcoin is understood and used: far from remaining a hobbyist topic, it is now used as a store of value by individuals and institutions around the world. It is sparking new debates about the importance of an asset’s scarcity, public traceability, accessibility and self-custody”, said Rodolfo Andragnes, founder and organizer of LABITCONF.
Bitcoin’s birth 17 years ago gave rise to numerous financial alternatives that were previously impossible, along with countless other blockchain-based products. Although thousands of crypto assets now exist, the original remains the leader, with more than 50% of market dominance, followed by Ethereum’s Ether at 10% and stablecoins at another 10%.

Institutionalization in the crypto asset market
“Institutional capital is entering the crypto market through two channels with different balance-sheet logics: the pursuit of returns through exposure to Bitcoin and other cryptocurrencies, and the adoption of stablecoins as a vehicle for diversification and lower transaction costs”, explained Ibrahim Martínez, Client Relationship Manager for LATAM at Exness.
Bitcoin is still in a corrective phase after reaching an all-time high above $126,000 a year ago. According to the Exness executive, whether it recovers to $90,000 during the rest of 2026 depends on oil.
“If crude oil gets more expensive, the derivatives market absorbs liquidity to lock in prices through futures, taking flows away from cryptocurrencies. If the conflict drags on and energy costs raise the price of supply chains, inflation would pick up. That would make bonds more attractive and force the Federal Reserve (Fed) to keep interest rates high. A high-rate environment depresses equities, and under those circumstances Bitcoin would lose institutional appeal and could correct toward $58,000 – $60,000.”
As for altcoins, in past cycles “they were novelty, promising alternative markets (DAOs, NFTs, Play to Earn, dApps)”, said Martínez of Exness. “Today they face a mature ecosystem, which makes both institutional and retail investors far more selective. That is why campaigns such as airdrops no longer have the impact they once did, nor do they make it as easy to run fraudulent schemes (rug pulls)”.
“We observe crypto adoption evolve from a tool for preserving value toward broader integration into financial strategies”, said Andrés Ondarra, General Manager of Nexo Argentina. A recent study by the company in the country clearly reflects this shift: 74.3% of Argentine investors hold cryptocurrencies, a higher share than in the United States and the United Kingdom.
“Inflation and the search for alternatives to cash were fundamental drivers of this trend. This shows that Argentina has significant adoption, but there is still an opportunity to integrate digital assets into long-term wealth strategies. We believe that will be the market’s next stage of growth”, the Nexo manager noted.
According to Ondarra, institutionalization is one of the most important structural changes in the industry. “The addition of Bitcoin to corporate treasuries, the expansion of ETFs, and the growth of stablecoin payments reflect an increasingly closer integration between traditional finances and digital assets”.
This behaviour is not seen across the entire crypto market. “In previous cycles, Bitcoin rallies tended to drive broad movements across altcoins. Now we see greater differentiation between projects, especially those with concrete applications and established ecosystems”, stressed the Nexo spokesperson.

Latin America at the center of crypto adoption
Gabriel Campa, Head de Digital Assets at ikigii at Towerbank International Inc., warns: “Institutionalization is no longer something that only happens on Wall Street. In Latin America we see it in companies of all sizes, and for a very concrete reason: in countries like Venezuela, Bolivia, Colombia or Argentina, getting access to the dollar is increasingly difficult”.
“Stablecoins have become a legitimate bridge: they let businesses move from a local currency, such as the bolívar or the Bolivian peso, into fiat dollars and keep operating normally, paying suppliers and conducting foreign trade. Another trend is algo beginning to emerge: companies that see Bitcoin as a safe-haven asset, like gold, and are starting to accumulate it gradually in their treasuries. The impact for the sector is huge. When companies and banks come in, the market gains trust, compliance standards and products that are useful in everyday life”, Campa added.

Borja Martel Seward, Co-Founder and CEO of Roxom, noted: “Argentina has always been one of the countries with the highest crypto adoption in the world, out of necessity: inflation, currency controls and distrust in the system. What has changed in recent years is the purpose. Before, crypto was a refuge, mostly in the form of digital dollars. Today we see a more sophisticated user, who views Bitcoin as long-term savings and wants to do more with it: invest, borrow or generate yield without selling it”. Looking toward 2027, he sees three trends: the convergence of traditional capital markets and Bitcoin; Bitcoin-collateralized lending, which provides liquidity without having to sell; and the tokenization of real-world assets.
According to Martel Seward, tokenization is advancing the fastest: tokenized stocks, bonds and funds are bringing global instruments within reach of Latin American investors who previously had no access. “DeFi remains a niche in the region because of its complexity and risk. We believe mass adoption will come through regulated platforms that use infrastructure behind the scenes and offer a simple experience”.
“What we are seeing is a phase change: we have moved from a stage of curiosity and speculation to a stage of real use. Bitcoin and cryptocurrencies are no longer a niche topic; they have become part of everyday conversation among companies, banks and regulators”, summed up Eduardo Novillo Astrada, CEO and Co-Founder of JusToken.
In Argentina in particular, the shift has been striking: “We came from a context of very high inflation and currency restrictions that pushed many ordinary people to use stablecoins and crypto as a store of value, long before this became a trend in other countries in the region. That adoption born of necessity created a very sophisticated user base, and today that same base is starting to use these tools not only to save, but to produce, finance, and trade. Companies and producers who five years ago didn’t even know what a token was now fully understand the benefits of tokenizing a real asset,” Novillo Astrada emphasized. “For us, institutionalization is the most important sign of the sector’s maturity.”
Amid the outlooks circulating in Latin America’s crypto sector, LABITCONF 2026 arrives to give them a stage, bringing together beginners in the digital asset ecosystem as well as seasoned enthusiasts, companies and government officials. The event, whose theme this year is HODL, takes place at a special moment for the market.
“Bitcoin ended the bear market it had been in since the end of last year in September, and a bull market is beginning”, said financial specialist Norberto Giudice (known as CriptoNorber). The current correction “seems closely tied to the traditional market” and “has to do with the global geopolitical climate”. “Regardless of that volatility, I believe Bitcoin’s moment, thinking long-term, by 2027-2028, should be a bullish one”, he said, basing his view on its historical behaviour around the halving, which cuts its issuance in half every four years and makes price increases easier when demand holds. The halving is one of the conference’s key topics.
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ABOUT LABITCONF
LABITCONF (Latin American Bitcoin & Blockchain Conference) is the oldest Bitcoin and Blockchain conference in the world and the most prestigious in Latin America. Since 2013, it has brought together global leaders, developers, companies, communities and users each year to discuss the present and future of money and decentralized technologies. More information: LABITCONF.com

PRESS CONTACT
Gina Giraldo +54 9 11 2469 1507 | Bárbara Distéfano +54 9 11 2394 4543 | prensa@labitconf.com
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