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Tap "place bet" during a live match, and the slip may come back with new odds, a short countdown or a rejection. Every outcome follows a rule in the sportsbook's terms.
Bet acceptance rules decide when a ticket becomes binding. They cover odds that move during submission, delays on live bets, stakes above limits and bets placed after an event has started.
Bettors who understand how licensed Web3 sportsbooks handle these moments can read a slip's behaviour and avoid disputes later.
What Can Happen After Pressing Place Bet
Several outcomes are possible once a slip leaves the bettor's screen. The table lists the common ones.
Outcome
What it means
Typical cause
Accepted
Bet stands at the shown price
Price and limits unchanged
Price change prompt
New odds offered for approval
Market moved during submission
Live delay
Short countdown before acceptance
In-play protection against late information
Partial acceptance
Only part of the stake taken
Stake above the current limit
Rejection
Bet refused
Market suspended, limit reached or error
Last verified: October 2026
Odds format and margin affect what each price shows. Bitzo's explainer on reading odds at crypto sportsbooks covers the basics.
Price Changes and Odds Settings
Prices move constantly in live markets and before big news. Many books let bettors choose whether to accept any change, only higher odds or strictly the original price.
Settings that accept every change speed up live betting, while stricter settings cause more rejections in quick-moving markets. The choice depends on whether price or speed matters more to the bettor.
Bets Stand at the Accepted Line
Once accepted, a bet usually keeps its price even if odds move later. Terms at licensed books generally confirm that placed bets keep their price after the market moves.
Live Delays Protect the Book
In-play bets often wait a few seconds before acceptance. The delay guards against bettors acting on events that viewers see before the book's data feed updates.
Delays vary by sport and market. Quick sports such as tennis and basketball may have shorter or longer delays depending on the operator's risk settings.
Rejections and Voids
Books reject bets when markets suspend, stakes exceed limits or a technical issue blocks submission. Rejected slips return the stake without a bet.
Voids differ from rejections, since they cancel a bet already accepted. Obvious pricing errors, late bets placed after an event started and technical failures can all lead to voids under the terms.
Interrupted events bring their own rules, as an explainer on rain delays and walkovers shows.
Cash Out Follows Its Own Rules
Cash Out lets bettors settle early, though offers depend on market availability and can disappear without notice. Cash Out requests can face their own delay or rejection too.
Bitzo's guide to Cash Out explains when the feature helps and what it costs.
Dexsport's Acceptance Rules
Dexsport accepts bets against the line shown, and any later move in price, line or limit leaves registered bets as they were. Once a bet reaches its server, the bettor cannot change or cancel it.
Dexsport treats bets placed after an event started, outside live betting, as invalid, with refunds or removal from a combo. Obvious errors, misprinted odds, staff mistakes or technical failures allow it to void bets.
Dexsport may or may not offer Cash Out on a given slip, and using it cancels the Combo+ multiplier. Dexapp LTD operates Dexsport under an Anjouan licence.
Conclusion
Bet acceptance rules decide when a slip becomes binding, covering price change prompts, live delays, partial acceptance and rejections. Accepted bets usually keep their price, while voids can cancel bets later in narrow cases.
Odds change settings let bettors trade speed against price control, and live delays protect books from late information. Cash Out follows separate rules with its own limits.
Dexsport accepts bets against the line shown and voids late bets or obvious errors under its terms. Read the acceptance section before betting live. Rules on sports betting depend on the country, so confirm yours, bet only at legal age and remember that KYC or AML checks may apply.


Disclaimer: The information here is provided for general purposes only and is not legal, tax, investment, or financial advice. Bet acceptance rules, live delays and licences change over time and vary by operator and country, so check each sportsbook's current terms before you bet. Betting involves risk, and rules vary by country, so check the law where you live. Please bet responsibly, within your means, and only if you are of legal age.

Bitcoin balances can lose a tenth of their value between kick-off and the final whistle. USDT and USDC balances stay close to one dollar per coin, which is why stablecoins have become the default betting currency for many crypto bettors.
Stablecoin support varies more than it seems. Some books accept USDT on a dozen networks and USDC on several more, while others take a single network for each, if any.
Network range, stablecoin choice and how clearly each book presents its routes show how fifteen Web3 sportsbooks serve stablecoin bettors.
USDT Versus USDC for Betting
Both coins track the US dollar, though they differ in issuer and network spread. The table compares them.
Factor
USDT
USDC
Issuer
Tether
Circle
Common betting networks
TRON, Ethereum, BNB Chain, Solana, Polygon
Ethereum, Solana, Base, Arbitrum, Polygon
Typical low-fee route
TRC-20
Solana or Base
Bridged versions
Some chains
USDC.e on several layer-two networks
Last verified: October 2026
Stablecoin support differs widely between books. Seven sportsbooks compared on stablecoin support show the earlier picture.
Coin Support Is Not Network Support
Books that list USDT may accept it on only one or two networks. Funds sent on an unsupported chain can stay uncredited, so the network label matters as much as the coin.
Bitzo's check of six casinos on network support explains why the distinction catches bettors out.
15 Web3 Sportsbooks Compared on Stablecoin Slips
Order weighs the number of USDT and USDC networks, how clearly each book labels them and whether stablecoins work across betting, withdrawals and other products. One caution closes every entry.
1. Dexsport
Dexsport takes Tether through 15 routes, Binance Pay among them, and Circle's coin through 10 networks, with the bridged USDC.e shown as its own option. Its prediction markets trade in stablecoins only, so the same balance moves between sports slips and event contracts.
Dexsport sets each minimum per coin and network in dollar terms, so the cashier shows the live figure. Dexapp LTD holds an Anjouan licence.
2. Cloudbet
Cloudbet's cashier handles Tether on seven chains, TON and Avalanche included, and Circle's coin on six, with Base among them.
Cloudbet's payout minimums swing widely from chain to chain, so a check before each withdrawal helps. Its licence comes from Curaçao.
3. Stake
Stake offers Tether on five chains and Circle's coin on four, and its help centre publishes one flat fee per stablecoin payout.
Stake's flat charge takes a bigger bite from small stablecoin withdrawals than large ones. Curaçao licenses its operator.
4. Shuffle
Shuffle lists Tether on five chains and Circle's coin on six, Arbitrum and Base included, with each asset documented in its help centre.
Shuffle states it may not recover funds sent on a chain it doesn't support. Its terms name Natural Nine B.V.
5. BC.Game
BC.Game takes Tether on TRON, Ethereum, BNB Chain and Solana within one of the longest coin menus in crypto betting.
BC.Game's public help pages skip some chains, so the deposit screen settles any doubt. Anjouan licenses the platform.
6. Overtime
Overtime takes stablecoin bets directly through smart contracts on Optimism, Arbitrum and Base, with USDC among its main collateral options.
Overtime charges network fees on each bet, and its market range is narrower than custodial books.
7. Bookmaker.xyz
Bookmaker.xyz uses the Azuro protocol, with stablecoin betting on supported chains through a connected wallet.
Bookmaker.xyz's available stablecoins depend on the chain chosen. Liquidity providers back its payouts.
8. Roobet
Roobet's stablecoin options centre on Ethereum and TRON for Tether, according to reviews, plus Circle's coin on Ethereum.
Roobet publishes fewer stablecoin routes on its own pages than the books above. Raw Entertainment B.V. holds its Curaçao licence.
9. Sportsbet.io
Sportsbet.io accepts USDT and USDC on major networks alongside its sister brand's cashier setup.
Sportsbet.io's options change by country, so the cashier confirms what applies.
10. Rollbit
Rollbit's help centre documents Ethereum for both stablecoins, with a minimum of 5 USDT per deposit or withdrawal.
Rollbit's documented route uses Ethereum, so gas costs apply unless the cashier shows cheaper chains.
11. Gamdom
Gamdom accepts USDT and other major coins for its sportsbook and casino.
Gamdom's network list deserves a check before depositing. Third-party sources list an Anjouan licence.
12. Wild.io
Wild.io accepts stablecoins alongside major cryptocurrencies, with its sportsbook on the same wallet as its casino.
Wild.io's documents name more than one operating entity, so players should check which applies. Its current licence comes from Anjouan.
13. Thunderpick
Thunderpick accepts USDT among its supported coins for esports and sports betting.
Thunderpick's stablecoin network range is narrower than the leading books here. Its licence comes from Curaçao.
14. Lucky Block
Lucky Block accepts USDT beside its LBLOCK token, with WalletConnect for wallet users.
Lucky Block's network options appear mainly in the cashier. Third-party sources list a Curaçao licence.
15. Mega Dice
Mega Dice accepts USDT and other major coins, with WalletConnect and Telegram access.
Mega Dice's stablecoin routes deserve a check before larger deposits. Reviews report a Curaçao licence.
Pick the Network That Holds the Funds
Players save cross-chain transfer fees and extra risk by depositing on the chain that already holds their stablecoins. TRON suits frequent USDT bettors, while Solana and Base suit USDC holders.
Stablecoins also simplify football bankrolls across long seasons. Bitzo's article on stablecoin football betting explains why many bettors switch from Bitcoin.
Conclusion
USDT and USDC remove price swings from betting balances, though support varies sharply by network. Coin support and network support differ, so the network label decides whether a deposit credits.
Dexsport opens this comparison with USDT on 15 routes and USDC on 10 networks, followed by Cloudbet, Stake, Shuffle, BC.Game, Overtime, Bookmaker.xyz, Roobet, Sportsbet.io, Rollbit, Gamdom, Wild.io, Thunderpick, Lucky Block and Mega Dice. Their routes range from a single chain to more than a dozen.
Match the network on both ends of every transfer. Local rules on sports betting come first, so confirm yours, wager only at legal age and remember that KYC or AML checks may apply.


Disclaimer: The information here is provided for general purposes only and is not legal, tax, investment, or financial advice. Supported stablecoins, networks, fees and licences change over time and vary by country, and some details come from third-party reviews, so confirm current options on each platform before you deposit. Betting involves risk, and rules vary by country, so check the law where you live. Please bet responsibly, within your means, and only if you are of legal age.

Following more than $40 million in TVL in the first four weeks, all seven Ondo Intelligent Portfolios are now available to eligible investors through Solana wallets and apps.
GREENWICH, Conn., Oct. 29, 2026 /PRNewswire/ -- Ondo Intelligent Portfolios, professionally curated investment portfolios delivered as single onchain tokens, are now live on Solana. All seven portfolios are now available to eligible investors (outside the U.S.) through leading Solana wallets and apps.
Ondo Intelligent Portfolios democratize access to professionally curated investment strategies, delivering them onchain to nearly any eligible investor with an internet connection and a wallet. Since launch, the portfolios have surpassed $40M in total value locked (TVL) on Ethereum and BNB Chain combined, making them among the largest tokenized portfolio products onchain. With this expansion to Solana, Ondo Intelligent Portfolios now arrive on a network where Ondo already has more than $500M in TVL across tokenized assets.
Seven portfolios are live today, spanning income, growth, and thematic exposure, with more planned:
BLKHIon: Ondo High Income Powered by BlackRock
BLKGRWon: Ondo High Growth Powered by BlackRock
BLKDIGon: Ondo Diversified Growth Powered by BlackRock
MAG7Xon: Ondo Magnificent 7 and Crypto Portfolio
BRAINon: Ondo AI Leaders Portfolio
YLD5on: Ondo 5 Targeted Income TR Portfolio
YLD8on: Ondo 8 Targeted Income TR Portfolio
Three of the seven are based on portfolio strategies developed by BlackRock, the world's largest asset manager, for use by Ondo. The remaining four are Ondo-designed onchain portfolios built around some of the market's most closely watched themes, from big tech and artificial intelligence to targeted income.
Tokenized stocks are taking off on Solana
Solana has become one of the most important venues for tokenized equities, with 1.6M+ addresses holding tokenized stocks. Investors are trading tokenized stocks and ETFs around the clock on Solana, at low cost, and inside the same wallets and apps they already use for the rest of their onchain activity.
Ondo is among the largest issuers of tokenized real-world assets on the network, with more than $500 million in TVL on Solana, and Ondo Stocks already give investors on Solana access to hundreds of tokenized U.S. stocks and ETFs.
How it works: one token, one portfolio
Each Ondo Intelligent Portfolio combines multiple assets into a single onchain token. Every holding is visible, and the portfolio is rebalanced programmatically so investors don't have to manage a basket of underlying positions manually. The result is diversified exposure in one token that investors can hold in their wallets and transfer like any other tokenized asset.
Why it matters: institutional-grade investing, open to more investors
Diversified portfolios built by professional allocators have long been offered mainly to institutions and investors with private wealth managers. Everyone else has had to assemble a portfolio piece by piece across separate accounts and assets.
Ondo Intelligent Portfolios change that. On Solana, any eligible investor with a wallet can now hold the same kind of professionally designed allocation through the apps they already use. They get diversified exposure, full visibility into every holding, and rebalancing they never have to manage.
"Ondo Intelligent Portfolios were built to put professionally curated investment strategies within reach of any eligible investor with a wallet, and seven live portfolios with more than $40 million in TVL in four weeks tell us that's exactly what investors want," said John Hoffman, Managing Director and Head of Portfolios at Ondo Finance. "Expanding to Solana puts that access in front of one of the most active onchain user bases, inside the apps they already trade on every day, and makes every portfolio composable across the Solana ecosystem. This is a foundation we'll keep building on, with more portfolios to come."
"Tokenized assets are one of the fastest-growing categories on Solana, and the demand we're seeing for tokenized stocks shows investors want real-world exposure onchain," said Nick Ducoff, GM, Institutional, Solana Foundation. "With Ondo Intelligent Portfolios, investors can move beyond single assets and hold a complete portfolio in one token. That's the next chapter of tokenization, and it's happening on Solana."
Ondo intends to continue expanding the lineup with additional onchain portfolios over time. To explore the seven live portfolios and learn more, visit app.ondo.finance.
About Ondo Finance
Ondo Finance is a blockchain-based platform focused on tokenizing real-world assets and bringing institutional-quality financial products onchain. By bridging traditional finance and decentralized infrastructure, Ondo aims to make capital markets more accessible, transparent, and efficient.
About Ondo Stocks
Ondo Stocks (previously known as Global Markets) is an issuance and redemption platform for tokenized publicly traded U.S. stocks and ETFs. It enables eligible investors outside the United States to gain economic exposure to these assets by minting, transferring, and redeeming securities-backed tokens. Each token is fully backed by the corresponding stock or ETF (together with cash in transit).
About BlackRock
BlackRock's purpose is to help more people experience financial well-being. As a fiduciary to investors and a leading provider of financial technology, we help millions of people build savings that serve them throughout their lives by making investing easier and more affordable. For additional information on BlackRock, please visit www.blackrock.com/corporate | Twitter: @blackrock | LinkedIn: www.linkedin.com/company/blackrock
Disclaimers
[*] The tokenized assets referenced herein (i.e. (i) the tokenized stocks, tokenized ETFs and tokenized ADRs now known as Ondo Stocks, and formerly known as Ondo tokenized stocks and ETFs, or as Ondo Global Markets tokens, (collectively, the "Ondo Stocks") and (ii) USDY tokens (collectively, the "Tokens") have not been registered under the US Securities Act of 1933, as amended (the "Act") or the securities or financial instrument laws of any other jurisdiction. The Tokens may not be offered or sold in the United States or to US persons unless registered under the Act or an exemption from the registration requirements thereof is available. In certain jurisdictions, including the United Kingdom, Switzerland and Singapore, the Ondo Stocks and USDY tokens are offered and sold only to qualified investors or professional clients, as the case may be (or that jurisdiction's analogue thereof). Other jurisdiction-based prohibitions and restrictions apply. The issuer of the Tokens is not registered as an investment company under the US Investment Company Act of 1940, as amended, or as an Alternative Investment Fund or Undertaking for Collective Investment in Transferable Securities in the EEA, or under the securities or financial instrument laws of any other jurisdiction.
Ondo Stocks provide their holders with economic exposure to the value of their underlying assets, including the value of dividends (less applicable tax withholdings). However, Ondo Stocks are not themselves stocks, ETFs or ADRs and the Ondo Stocks do not provide their holders with rights to hold or receive their respective underlying assets. Similarly, USDY tokens provide their holders with economic exposure to short-term US treasuries, but USDY tokens are not themselves US treasuries and do not provide their holders with rights to hold or receive any US treasuries.
In the EEA/EU, a base prospectus relating to the Tokens has been approved by the Financial Market Authority Liechtenstein (FMA) and notified, at the issuer's request, to certain EEA Member States (the "Relevant EEA States"), making many Ondo Stocks available to both professional and retail investors, though certain Ondo Stocks are only available to professional investors in the EEA/EU. The prospectus is published at app.ondo.finance at each applicable Token's webpage. The approval of the prospectus should not be understood as an endorsement of the Tokens. Investors residing in the EU/EEA should read the prospectus, and the relevant final terms and KID for each applicable Token, before investing in order to fully understand the potential risks and rewards associated with the decision to invest. This notice is a marketing communication and does not constitute a prospectus.
Certain Ondo Stocks (referred to in the UAE as "Digital Securities") have been admitted to trading on Nest Exchange Limited, a Multilateral Trading Facility for Digital Assets operated by Binance in the Abu Dhabi Global Market ("ADGM"), authorised by the Financial Services Regulatory Authority (the "FSRA"). Such Digital Securities are available for trading by those investors eligible for a Binance account. The ADGM FSRA has no responsibility for reviewing or verifying any documents in connection with the admission to trading of such Digital Securities in the ADGM. The FSRA has not approved the documents in connection with the admission to trading nor taken steps to verify the information set out in it and has no responsibility for it. No offer of securities is being made in ADGM. Prospective purchasers of such Digital Securities admitted to trading should conduct their own due diligence on such Digital Securities.
In the United Kingdom, the communications herein may be deemed a financial promotion pursuant to Section 21 of the Financial Services and Markets Act 2000. To the extent that any such finding is made, the communications herein are only intended for, and directed at, investment professionals as defined in article 19 of the Financial Services and Markets Act 2000 (Financial Promotions) Order 2005 (the "FPO") who have experience of interacting with the Ondo Stocks and USDY tokens; high net worth companies as defined in article 49 of the FPO, and/or any other persons to whom lawful communication is permitted. Any person not falling within these categories is not permitted to act upon anything within the communications herein, and shall not be entitled to rely upon their contents. Ondo Global Markets (BVI) Limited will not enter into arrangements with such persons concerning Ondo Stocks and USDY tokens as a result of this or any other communication.
The Tokens are issued by Ondo Global Markets (BVI) Limited, a British Virgin Islands business company. OUSG tokens are issued by Ondo I LP, a Delaware (USA) limited partnership (the "Fund"). Ondo Finance Inc., a Delaware (USA) corporation, provides tokenization services to, and is an equity holder of, Ondo Global Markets (BVI) Limited.
The communications herein are only intended for eligible purchasers of, or for actual or potential business relationships or technical integrations with respect to the Tokens. Nothing herein constitutes any offer to sell, or any solicitation of an offer to buy, any Tokens. Nothing herein constitutes investment, legal, tax or financial advice. Acquiring the Tokens involves risks. A holder of the Tokens may incur losses, including total loss of their purchase price. Past performance is not an indication of future results. Investors are responsible for conducting their own research, investigation, verification, checks or consultation for professional or investment advice.
The communications herein may contain forward-looking statements, including, but not limited to, statements regarding future financial performance, business strategies, or expectations for the growth or development of Ondo Finance, Ondo Global Markets (BVI) Limited, or any of their respective affiliates (each, an "Applicable Entity"). These statements are based on management's current expectations, estimates, projections, and beliefs, and are subject to a number of risks, uncertainties, and assumptions that could cause actual results to differ materially from those anticipated. Forward-looking statements can be identified by the use of terminology such as "may," "will," "should," "expect," "intend," "plan," "anticipate," "believe," "estimate," "predict," "potential," "continue," or the negative of these terms or other similar expressions. Factors that could cause actual results to differ materially from those contemplated by the forward-looking statements include, but are not limited to, the following: economic, competitive, legal, governmental, and technological factors affecting the operations, markets, products, services, or prices of any Applicable Entity. No Applicable Entity undertakes any obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law.
The Token issuers, their affiliates, their respective shareholders and members, and their respective directors, officers, employees, consultants, agents and representatives (the "Ondo Persons") do not endorse, the Ondo Persons do not make any representation or warranty whatsoever (express or implied, including but not limited to any warranty of merchantability, fitness for a particular purpose, or non-infringement) regarding, and THE ONDO PERSONS SHALL NOT HAVE ANY LIABILITY WHATSOEVER WITH RESPECT TO ANYONE'S USE OF, any third-party products, services or technologies referenced herein.
Additional terms and restrictions apply. See docs.ondo.finance/legal/terms-of-service, docs.ondo.finance/ondo-stocks, ondo.finance/stocks, app.ondo.finance and (as applicable) the Token offering documents for details.
BlackRock Fund Advisors ("BlackRock") is not the investment adviser, sub-adviser, portfolio manager, manager, sponsor, promoter, underwriter, marketer or distributor of the Onchain Portfolios or the Tokens, and does not manage, and exercises no discretion over, the Onchain Portfolios. BlackRock's role is limited solely to providing one or more nondiscretionary model portfolio strategies ("Portfolio Strategies") to Ondo Global Markets (BVI) Limited ("Ondo") based on specifications provided by Ondo to BlackRock. BlackRock does not select, endorse, recommend, or make any investment decision with respect to any Onchain Portfolio or any assets held by any Onchain Portfolio, and any Onchain Portfolio may differ from the corresponding Portfolio Strategy for a variety of reasons. BlackRock shall have no obligation to provide updates to each Portfolio Strategy after the initial delivery of the Portfolio Strategy to Ondo except in certain limited circumstances. It is at Ondo's arrangement whether any related Onchain Portfolio is similarly updated. Therefore, the Onchain Portfolios may not incorporate changes in the market or other events nor update in line with the Portfolio Strategies. BlackRock has no investment advisory, investment management, fiduciary, client or other relationship with, and owes no responsibilities or duties to, any investor or prospective investor in the Tokens or the Onchain Portfolios. The Portfolio Strategies are not designed to be suitable for any specific investor and do not take into account the individual needs, objectives or risk tolerance of any investor or prospective investor. BlackRock has not prepared or approved this document or any other offering or marketing material, and is not responsible for the tokenization, issuance, distribution, custody, or operation of the Tokens or the Onchain Portfolios. BlackRock is not making any offer to sell nor soliciting any offer to buy any securities. An investment in the Tokens involves risk, including the possible loss of principal, and past performance is not indicative of future results.
Investors have no right, title, interest, or claim in or to any of the funds or securities underlying any Onchain Portfolio (the "Underlying Funds") or any recourse to any manager of the Underlying Funds, and such Underlying Funds are not being offered, marketed, or distributed to Investors by BlackRock or Ondo, whether directly or indirectly through the Tokens or the Onchain Portfolios. The Tokens constitute separate and distinct securities issued by Ondo and do not represent any interest in the Underlying Funds.
The Portfolio Strategies will include funds sponsored and managed by BlackRock and its affiliates, which will pay fees to BlackRock and its affiliates for providing management, administrative, or other services. Accordingly, BlackRock has a potential conflict of interest in connection with providing the Portfolio Strategies, as an investment in such funds by the Onchain Portfolio will increase compensation to BlackRock and its affiliates. BlackRock has an incentive to provide a Portfolio Strategy that contains funds that would result in increased levels of compensation being paid to BlackRock and its affiliates by such funds.
Additional information about BlackRock, including its Form ADV, is available from the U.S. Securities and Exchange Commission's Investment Adviser Public Disclosure website at https://adviserinfo.sec.gov.
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Bitzo, nor is it intended to be used as legal, tax, investment, or financial advice.

Utah filed 14 criminal charges against KalshiEx LLC and its co-founders, Tarek Mansour and Luana Lopes Lara, on Oct. 29, escalating the state's fight with the prediction-market operator from civil litigation to criminal allegations. The case includes one second-degree felony, 12 third-degree felony counts and one misdemeanor alleging unlawful gambling promotion, according to the Associated Press.
Utah’s 14 charges target Kalshi and both co-founders
The charges name KalshiEx, Mansour and Lopes Lara. Utah’s action marks a sharper legal step against a company whose sports-event contracts have been at the center of a dispute over whether state gambling restrictions can be enforced against federally regulated prediction markets.
Prosecutors allege unlawful gambling promotion. The reported charge breakdown comprises a single second-degree felony, 12 third-degree felonies and one misdemeanor; the supplied reporting does not specify how the counts are allocated among the company and its two founders.
Undercover wagers form the basis of the allegations
The allegations stem from transactions made by an undercover investigator, according to reporting by ABC4 Utah. Prosecutors said the investigator placed 12 wagers on sports events through Kalshi while using Utah residential and IP information.
The charges further allege that Kalshi collected fees from those transactions. Those claimed wagers provide the Utah-specific conduct underpinning the state’s criminal case.
Federal court ruling left Utah free to enforce its gambling laws
The criminal filing follows an Aug. 4 federal court ruling that favored Utah in its earlier dispute with Kalshi. A federal judge ruled that Utah’s anti-gambling laws apply to Kalshi’s sports contracts and that federal commodities law does not preempt the state’s enforcement authority, according to the Utah Attorney General’s Office.
That ruling left the state able to apply its gambling laws to the contracts at issue, setting the legal backdrop for the charges filed this week.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Strive bought 6,182 bitcoin for approximately $511.4 million during the week ended October 23, lifting its corporate treasury to 43,000 BTC, according to an October 26 filing with the U.S. Securities and Exchange Commission. The acquisition was made between October 17 and October 23 at an all-in average cost of about $82,732 per bitcoin, including fees and expenses.
The purchase materially expanded the company’s bitcoin position over a short period: Strive held 36,818 BTC on October 16. Its updated total places the company among the largest publicly traded corporate bitcoin holders, while disclosures made at the same time showed higher cash reserves, a larger effective common-share count and a new preferred-stock issuance program with up to $1 billion of potential sales capacity.
Strive adds 6,182 BTC in one week
Strive’s Form 8-K records the acquisition of 6,182 BTC over seven days, lifting its holdings from 36,818 BTC to 43,000 BTC as of October 23. The filing reported an average purchase cost of approximately $82,732 per bitcoin, or about $511.4 million in aggregate, inclusive of fees and expenses. The 6,182 BTC purchase represented Strive’s reported week-over-week increase in bitcoin holdings.
43,000 BTC puts Strive fourth among public holders
With 43,000 BTC, Strive became the fourth-largest public-company bitcoin holder at the time, according to The Block, which independently confirmed the transaction. Strategy, Metaplanet and Twenty One Capital ranked ahead of Strive in that ordering.
The ranking gives the purchase a clearer corporate-treasury context than the dollar amount alone. Strive’s disclosed balance is a holdings figure as of October 23, and the comparative position reflects the public-company ranking reported at that time rather than a permanent standing.
For Strive, the move from 36,818 BTC to 43,000 BTC put it over a round-number threshold while narrowing its focus to balance-sheet accumulation at a scale usually associated with the largest listed bitcoin treasury companies. The company’s filing establishes the size and cost of the new purchase, while the independent report supplies the relative ranking.
Cash, share count and the new SATS ATM program
Strive also reported $504.4 million in cash and cash equivalents as of October 23, compared with $317.5 million a week earlier. Over the same interval, its effective common shares outstanding increased to 127.3 million from 124.1 million, the company said in the SEC filing.
Taken together, the figures provide a dated view of the company’s liquidity and share count, not an explanation of the bitcoin purchase. The cited information does not allocate either the cash increase or the change in effective common shares to specific transactions.
Separately, Strive established an at-the-market program for its SATS preferred stock that permits up to $1 billion in aggregate sales. In a company announcement republished by StockTitan, Strive said proceeds from the facility may be used for bitcoin purchases, working capital, acquisitions, dividends and share repurchases.
The program therefore creates a stated route for additional financing, though it is a sales authorization rather than a disclosure that the full $1 billion has been raised or committed to bitcoin. Its permitted uses extend beyond the company’s treasury strategy, leaving management discretion over how any proceeds are deployed.
Combined with the higher cash balance and increased share count reported for the October 23 date, the preferred-stock facility shows that Strive’s latest accumulation was accompanied by an expanding set of disclosed funding and capital-management tools.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Aviva Investors and Ripple announced on Oct. 26 the launch of a tokenized share class for Aviva’s Sterling Liquidity Fund on the XRP Ledger. The underlying GBP fund has approximately £22 billion in assets under management, while Aviva Investors has committed £50 million to the new on-chain class.
The commitment brings Aviva Investors’ investment across its two tokenized money-market fund offerings to more than £86 million, according to the firm’s announcement.
Aviva commits £50 million to XRP Ledger share class
The new product is a share class of Aviva’s existing Sterling Liquidity Fund rather than a separate £22 billion fund transferred to a blockchain. Aviva Investors and Ripple described the arrangement as an expansion of Aviva’s tokenized offering, with the XRP Ledger providing the on-chain venue for the share class.
The £50 million initial commitment is a small portion of the conventional fund’s approximately £22 billion asset base. Ripple confirmed the fund size and the XRP Ledger launch in its Oct. 26 release.
Digital twin keeps UCITS fund and assets off-chain
The structure uses what the companies call a “digital twin” model: investor holdings are represented on-chain, while the existing Ireland-domiciled UCITS money-market fund remains off-chain.
According to Ripple, BNY Mellon holds the underlying assets. The tokens therefore represent holdings in the fund’s share class rather than placing the fund portfolio itself directly on the ledger.
Wallet access and fund protections
Eligible investors can access the tokenized share class through digital wallets. Komainu and Licuido provide digital-asset custody and infrastructure support, The Block reported.
The tokenized class is intended to retain the conventional fund’s investment objective, risk profile, liquidity characteristics and regulatory protections. The design therefore pairs wallet-based access and an on-chain record of holdings with an existing regulated fund and off-chain asset custody.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

On-chain tracking on Oct. 27 showed the wallet holding funds taken in the Bloom Trading exploit had begun sending out SOL, while about 9,388 SOL remained after the initial transfers. The movement came a day after Bloom said it would fully reimburse nine affected users, with Solana transaction data showing refund transfers had begun from the platform’s published address.
Blockchain analytics previously identified 9,408 SOL, worth roughly $950,000 at the time, as drained from wallets associated with the nine traders. Bloom has attributed the incident to an exploit involving a third-party module and said private keys were not compromised.
Third-party module exploit hit nine Bloom Trading users
Bloom Trading said in an Oct. 26 statement that nine users were affected by an exploit involving a third-party module. It also said no private keys were compromised and pledged to fully reimburse the users with fresh wallets.
According to Bitquery, the incident drained 48 wallets belonging to the nine traders in approximately 94 seconds.
The drained total was 9,408 SOL, worth about $950,000 at the time of the incident.
On-chain transfers show Bloom began reimbursing affected wallets
Bloom’s reimbursement pledge was followed by transfers from its published address to affected users. A Solscan-recorded transaction confirms one such refund.
Bloom has committed to covering the nine users in full, and the available transaction evidence establishes that reimbursements started. It does not, by itself, demonstrate that every affected user has received a full repayment.
Attacker begins moving SOL after the 94-second drain
The latest development is the movement of SOL from the attacker’s holding wallet. Coindaro reported on Oct. 27 that outbound transfers had begun, leaving approximately 9,388 SOL in the wallet after the first movements.
The movements coincided with the appearance of Bloom’s own refund transactions on Solana. The remaining balance was close to the 9,408 SOL identified as stolen in the initial drain, while the supplied tracking did not specify the destinations or purpose of the outbound transfers.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

The NBA on Oct. 26 designated Kalshi and Polymarket as its Preferred Prediction Market Exchanges, giving both platforms commercial access to league intellectual property, promotional opportunities and official data for authorized NBA markets. The league announced the arrangements alongside an integrity framework developed with the U.S. Commodity Futures Trading Commission.
The designations bring prediction-market operators into formal commercial relationships with the league while placing market surveillance and restrictions at the center of the announcement. The NBA and CFTC said their memorandum of understanding is intended to support information sharing and protect market integrity, including against insider trading and fraud.
Kalshi and Polymarket gain NBA rights
Kalshi and Polymarket's agreements with the NBA cover use of league intellectual property, U.S. marketing and promotional opportunities, and access to official NBA data supplied by Sportradar for authorized markets, according to the league's announcement; the announcement did not specify which individual market categories were authorized.
NBA-CFTC memorandum addresses integrity
The NBA and the CFTC signed a memorandum of understanding to share information concerning prediction markets tied to the league. The agencies said the framework is designed to protect integrity and address risks including insider trading and fraud.
The agreement links the league's commercial partnerships to a federal-market-regulator information-sharing channel. In its Oct. 26 release, the CFTC confirmed the memorandum with the NBA and its stated integrity focus.
Trading restrictions and suspicious-activity reporting
The partnerships include limits on permissible markets and prohibit NBA league and team personnel from trading NBA event contracts, the Associated Press reported. They also require information sharing related to suspicious trading activity.
Those measures establish restrictions for participants closest to nonpublic team and league information while creating reporting obligations around trading that may warrant scrutiny. Together with the NBA-CFTC memorandum, they form the announced framework governing the league's relationship with Kalshi and Polymarket.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Smart contract sportsbooks promise automated betting, with stakes held by code and payouts sent the moment a result comes in. In practice, people make many of the decisions that shape a bet.
Someone chooses which matches to list, sets or approves the odds, picks the result source and decides what happens when organisers abandon a match. Code then executes those choices.
The line between automated and human-run steps shows where a smart contract sportsbook removes trust and where bettors rely on the operator.
Who Does What in a Smart Contract Sportsbook
Betting tasks split between code and people. The table maps the usual division.
Task
Usually handled by
Notes
Stake custody
Smart contract
Funds locked until settlement
Market selection
Operator team
Decides which events appear
Pricing
Trading team, models or pool formulas
Varies by design
Result reports
Oracle or data provider
Feeds outcomes to the contract
Result checks
Team or oracle network
Checks the reported outcome
Voids and disputes
Operator or governance rules
Abandoned matches, errors
Payouts
Smart contract
Automatic once a result is final
Last verified: October 2026
Non-custodial designs change what the operator holds at each stage. Bitzo's look at what non-custodial sportsbooks actually hold sets out the difference.
What Code Does Well
Contracts hold stakes without an operator's database in the middle. Once the contract receives a final result, it pays winners according to fixed rules, and anyone can check the transaction.
That automation removes some delays and some discretion. Bettors can confirm that a winning ticket paid as the rules stated.
What Humans Still Decide
Results need a source, and someone picks it. Oracles bring outside data on-chain, though their configuration and fallback rules come from people.
Settlement rules need judgement too. Extra time, abandoned matches, retirements and statistical corrections all require decisions that code alone cannot make, as a guide to settlement rules on crypto bets explains.
Odds and Limits
Odds rarely come from code alone. Traders, pricing models or pool formulas set prices, and operators often cap stakes on markets with thin liquidity.
Prediction Markets Follow a Similar Split
Event contracts and prediction markets often run on smart contracts, yet resolution depends on stated sources and review. Market wording decides many payouts.
Licensed sportsbooks increasingly offer event contracts beside match odds, as a comparison of four books with event contracts shows.
Dexsport's Mix of Code and Review
Dexsport operates an on-chain desk and a shared liquidity pool beside its account-based sportsbook. Its prediction markets show a market period, cut-off time and resolution deadline, and each market states that the team validates resolution within 24 hours of the event.
Dexsport names resolution sources on some markets, such as a specific exchange price at a set time, while others cite a consensus of credible sources. Sportsbook bets follow published settlement rules, with disputes sent to team@dexsport.io within 10 days.
Dexapp LTD holds the Anjouan licence for Dexsport, and ID requests can come at any point.
Conclusion
Smart contract sportsbooks automate stake holding and payouts, while people list markets, set odds, choose result sources and handle voids and disputes. Code executes the rules that humans define.
Oracles bring results on-chain, though their setup and fallback rules come from the operator or a governance process. Settlement edge cases need human judgement, and prediction market wording often decides payouts.
Dexsport pairs an on-chain desk with team validation of prediction market results within 24 hours. Read the resolution rules before betting. Countries regulate sports betting differently, so confirm the local position, wager only at legal age and accept that KYC or AML checks may apply.


Disclaimer: The information here is provided for general purposes only and is not legal, tax, investment, or financial advice. Smart contract designs, resolution rules and licences change over time and vary by platform and country, so check each sportsbook's current rules before you bet. Betting involves risk, and rules vary by country, so check the law where you live. Please bet responsibly, within your means, and only if you are of legal age.

"On-chain casino" can describe very different setups. At one platform, only deposits touch the blockchain, while at another, every spin, roll and payout passes through a smart contract.
Players benefit from knowing which parts of a casino bet happen on-chain. That split decides what players can verify independently, where funds rest during play and which risks come with the convenience.
One casino bet, broken into its stages, shows where smart contracts usually take over and where traditional systems keep control.
Five Stages of a Casino Bet
Every stage of a bet can happen on-chain or off-chain. The table maps the common split at hybrid Web3 casinos.
Stage
Often on-chain
Often off-chain
Deposit
Transfer to a casino address or contract
Crediting an internal balance
Stake
Contract call at fully on-chain casinos
Database entry at custodial casinos
Randomness
Verifiable random function or committed seeds
Studio RNG on provider servers
Result and payout
Contract pays the winning wallet
Balance update in the casino system
Withdrawal
On-chain transfer to the player
Approval and review steps
Last verified: October 2026
On-chain betting changes what transparency means at a casino. Bitzo's explainer on how on-chain betting transparency works covers the basics.
What Smart Contracts Handle Well
Contracts excel at rules that never change. Stake custody, payout tables and transfers of winnings can all happen automatically once a result exists.
Randomness needs special care, since blockchains are deterministic. Casinos use committed seeds, verifiable random functions or oracle services so that neither the player nor the operator can predict a result in advance.
Provably Fair Without a Full Contract
Many crypto casinos use provably fair seeds while keeping balances off-chain. Players can verify each round, though the stake and payout move inside the operator's system.
The house edge survives verification either way. Bitzo's article on house edge in provably fair games explains why.
What Stays Off-Chain
Studio slots and live tables usually run off-chain. Providers keep their RNGs and game logic on their own servers, and live dealer results come from physical equipment.
Account features also stay off-chain at most platforms. Bonuses, verification, responsible gambling tools and customer support run through conventional systems.
Live tables rely on studio controls instead of cryptography, as a comparison of live dealer and provably fair proof shows.
Risks That Come With On-Chain Bets
Smart contracts can contain bugs, and exploits have drained gambling contracts in the past. Audits reduce that risk, though they cannot remove it.
On-chain bets are also public. Wallet addresses, stakes and results remain visible to anyone who checks the contract, and token approvals stay open until revoked.
Dexsport's Protocol and Pool Model
Dexsport describes itself in its terms as an interface for the Dexsport Protocol, where deposits go into a liquidity pool instead of a personal payment account. Its on-chain desk adds blockchain activity on supported networks, and wallets connect directly from the signup screen.
Dexsport's casino mixes 62 provably fair titles with thousands of studio slots and roughly 870 live tables, so different games follow different verification models. Its terms note that actions from a connected wallet bind the user.
Dexapp LTD operates Dexsport under an Anjouan licence, and identity checks may apply at any stage.
Conclusion
Casino bets break into deposit, stake, randomness, payout and withdrawal stages, and each can run on-chain or off-chain. Fully on-chain casinos route stakes and payouts through smart contracts, while hybrid platforms keep balances in their own systems.
Smart contracts handle fixed rules well, and randomness relies on committed seeds, verifiable random functions or oracles. Studio slots, live tables and account features usually stay off-chain.
Dexsport combines a liquidity pool model and on-chain desk with provably fair, studio and live games. Check which parts of a bet a casino really puts on-chain. Casino rules depend on the country, so look up yours, play only at legal age and remember that KYC or AML checks may apply.


Disclaimer: The information here is provided for general purposes only and is not legal, tax, investment, or financial advice. On-chain features, game counts and licences change over time and vary by platform and country, so check each casino's current documentation before you deposit. Gambling involves risk, and rules vary by country, so check the law where you live. Please play responsibly, within your means, and only if you are of legal age.

Crypto-only casinos design promotions around coins instead of cards. Deposit matches, rakeback, cashback in stablecoins and token draws replace the familiar fiat welcome package.
Headline numbers rarely tell the full story. Wagering multiples, maximum bets during play, free spin caps and expiry windows decide how much of a promotion a player can actually keep.
Four Web3 casinos, compared on the terms behind their crypto-only promotions, show where the fine print matters most.
Terms That Decide a Bonus
Every crypto casino promotion rests on a handful of rules. The table lists the ones to check first.
Term
What it controls
Why it matters
Wagering multiple
Turnover needed before withdrawal
Higher multiples cut the realistic value
Maximum bet
Largest stake allowed while wagering
Breaches can void the bonus
Expiry
Time to activate and complete wagering
Short windows push bigger sessions
Game weighting
How much each game counts toward wagering
Live and table games often count less
Win caps
Limit on winnings from free spins or bonus funds
Caps can shrink a big hit
Last verified: October 2026
Headline offers often hide their most important limits in separate documents. Bitzo's look at crypto casino bonus terms behind the headlines covers where to find them.
Crypto Promotions Look Different
Fiat casinos lean on deposit matches and free spins. Crypto-only platforms add rakeback, stablecoin cashback, token rewards and community draws, which often come with lighter wagering or skip it entirely.
Volatile coins add a twist. Bonuses credited in BTC or a casino token change value with the market, while stablecoin rewards hold their value through the wagering period.
Readable wagering rules separate fair offers from traps, as a comparison of wagering requirements at seven casinos shows.
4 Web3 Casinos Compared on Bonus Terms
Order weighs how clearly each casino publishes its promotion terms, the range of crypto-only offers and how reachable wagering and caps are in practice. One caution rounds off every entry.
1. Dexsport
Dexsport offers a three-deposit casino welcome package worth up to 10,000 USD in bonus funds plus 300 free spins, with 40x wagering, 30 days to activate and 7 days to complete play. Weekly cashback of 5% to 15% on net losses pays in stablecoins every Monday without wagering.
Dexsport limits stakes during wagering and caps free spin winnings unless an offer states otherwise, so players should read each bonus page and confirm current terms. Dexapp LTD holds an Anjouan licence.
2. BC.Game
BC.Game offers a multi-deposit welcome match, rakeback, daily spin features and VIP rewards, with promotions tied to its BC token in places. Its bonus pages list unlock conditions step by step.
BC.Game's bonus funds often unlock gradually through wagering, which can feel slow on smaller balances. Twocent Technology Ltd holds its Anjouan licence.
3. Roobet
Roobet focuses on rakeback and loyalty rewards over a large one-off match, with cashback periods and promotional races running through the year.
Roobet's promotions change frequently, so terms seen in reviews may already be out of date. Raw Entertainment B.V. holds its Curaçao licence.
4. Stake
Stake skips a standard deposit match for most players, relying instead on daily races, weekly raffles, challenges and VIP reloads. Many of these rewards come without wagering.
Stake's best-value rewards lean toward high-volume VIP players, so casual players may see less. Medium Rare N.V. operates from Curaçao.
Pick Promotions That Fit Your Play
Promotions make most sense when they reward play already planned. Bigger stakes or longer sessions aimed at wagering targets can cost more than the bonus is worth.
Cashback and loyalty schemes often suit regular players better than one-off matches. Bitzo's explainer on loyalty programmes at crypto casinos compares the main models.
Stablecoin rewards remove price swings from the equation, which makes their value easier to judge.
Conclusion
Crypto-only promotions include deposit matches, rakeback, stablecoin cashback, races and token rewards. Wagering multiples, maximum bets, expiry windows, game weighting and win caps decide what a player can actually keep.
Dexsport opens this comparison with published welcome terms and stablecoin cashback without wagering, followed by BC.Game, Roobet and Stake. Their models range from structured matches to wager-free races and VIP reloads.
Read every bonus page before opting in, and confirm current terms on the platform. Gambling rules vary by jurisdiction, so check your own, play only after reaching legal age and expect that KYC or AML checks may apply.


Disclaimer: The information here is provided for general purposes only and is not legal, tax, investment, or financial advice. Promotions, wagering rules, caps and licences change often and vary by country, and some details come from third-party reviews, so confirm current terms on each platform before you opt in. Gambling involves risk, and rules vary by country, so check the law where you live. Please play responsibly, within your means, and only if you are of legal age.

Open MetaMask, Trust Wallet or Bitget Wallet on a phone, tap the browser tab and a Web3 casino loads inside the wallet itself. The wallet connects without a hand-off between apps, and transactions sign in the same window.
In-app browsers solve one of mobile Web3's biggest headaches. They also introduce trade-offs, from smaller screens and limited browser features to phishing risks when players type addresses by hand.
Eight Web3 casinos, compared on how well they work inside wallet browsers, show which platforms suit players who game mainly on mobile.
How In-App Play Differs From a Normal Browser
Wallet browsers and standard mobile browsers handle Web3 sites in different ways. The table compares the two.
Factor
Wallet in-app browser
Standard mobile browser
Wallet connection
Built in, no app switch
WalletConnect or deep link to wallet app
Transaction signatures
In the same window
Switch to wallet app and back
Session stability
Usually steady
Can drop during app switching
Browser features
Limited tabs and extensions
Full browser features
Phishing exposure
Higher when users type URLs by hand
Similar, with bookmarks easier to manage
Last verified: October 2026
Wallet support varies between casinos, and some list only a few apps. Bitzo's comparison of casinos that support Trust Wallet and MetaMask shows how wide those lists run.
Permissions Still Need Attention
In-app browsers make signing easy, which can make approvals feel routine. Login signatures come free of charge, while token approvals grant spending rights that persist until revoked.
Bitzo's guide to what a wallet connection permits explains the difference between signing and approving.
8 Web3 Casinos Compared on In-App Play
Order weighs how many wallet apps each casino supports, how smoothly its site loads inside wallet browsers and how clearly it handles signing prompts. One caution closes every entry.
1. Dexsport
Dexsport connects MetaMask, TronLink, Trust Wallet, Bitget Wallet, Halo Wallet and WalletConnect, so players can open it inside several wallet browsers and sign in place. Its site also offers Google, Telegram and email routes for players who switch devices.
Dexsport's wallet icons show labels only on hover, so mobile users should confirm which wallet they tap. Dexapp LTD holds an Anjouan licence.
2. MetaWin
MetaWin built its platform around wallet login, with MetaMask and WalletConnect as core routes and a casino that loads smoothly in wallet browsers. Prize draws appear beside its slots and live games.
MetaWin's wallet-first design depends on the player's wallet security more than most. Third-party sources report a Curaçao licence.
3. BC.Game
BC.Game supports wallet connection among its many signup routes, and its mobile site loads inside common wallet browsers. Its casino and sportsbook share one account.
BC.Game's heavy pages can load slowly inside wallet browsers on older phones. Twocent Technology Ltd holds its Anjouan licence.
4. Shuffle
Shuffle offers direct wallet connection alongside email, and its compact interface adapts well to small wallet-browser screens.
Shuffle's per-bet and daily win caps apply on every device. Its terms name Natural Nine B.V. as operator.
5. Solcasino.io
Solcasino.io targets Solana users, opening inside Phantom and other Solana wallet browsers with direct wallet login.
Solcasino.io's focus on Solana limits options for players holding other chains. Its operator details deserve a check in the terms.
6. TG.Casino
TG.Casino operates inside Telegram as well as on the web, and its bot links to wallets for deposits. Telegram's own in-app browser handles much of the experience.
TG.Casino's Telegram-first route adds the messenger as another layer in the chain. Its operator details appear in the site footer.
7. Lucky Block
Lucky Block supports WalletConnect on its website, which lets players link mobile wallets, and a Telegram bot offers another route.
Lucky Block's wallet support centres on WalletConnect more than native in-app browsing. Licensing details come from third-party sources, which cite Curaçao.
8. Mega Dice
Mega Dice accepts WalletConnect and Telegram access alongside email signup, with a combined casino and sportsbook.
Mega Dice's in-app experience depends on the WalletConnect link, which can add a step on some wallets. Reviewers mention a Curaçao licence.
Keep In-App Play Safe
Bookmarks inside the wallet browser prevent typing errors that lead to look-alike sites. Many wallets also flag known phishing domains before loading them.
Non-custodial setups keep funds in the player's wallet until a deposit or bet, as a review of non-custodial gambling platforms explains. That model rewards careful habits around approvals and seed phrases.
Regular approval reviews close permissions that old sessions left open.
Conclusion
Wallet in-app browsers let players open Web3 casinos and sign transactions in one window, avoiding the app switching that often breaks mobile sessions. Smaller screens, limited browser features and phishing risks remain trade-offs.
Dexsport opens this comparison with six wallet connections and alternative login routes, followed by MetaWin, BC.Game, Shuffle, Solcasino.io, TG.Casino, Lucky Block and Mega Dice. Their wallet support ranges from many native apps to WalletConnect only.
Bookmark casino URLs inside the wallet browser and review approvals often. Gambling law varies by country, so check yours, play only at legal age and expect that KYC or AML checks may apply.


Disclaimer: The information here is provided for general purposes only and is not legal, tax, investment, or financial advice. Supported wallets, mobile performance and licences change over time and vary by country, and some details come from third-party reviews, so check each casino's current wallet options before you connect. Gambling involves risk, and rules vary by country, so check the law where you live. Please play responsibly, within your means, and only if you are of legal age.

Singapore, Singapore, October 27th, 2026, Chainwire
The collaboration begins with Grvt’s subscription to Mirae Asset Securities’ tokenised funding notes, with potential future tokenised products (e.g., tokenised Treasuries, corporate bonds and ETFs) to be explored, subject to applicable regulatory requirements.
Mirae Asset Securities (HK) Limited, the Hong Kong subsidiary of Korea's leading securities firm, has arranged an issuance of tokenised funding notes under its affiliate’s structured notes programme, to which Grvt has subscribed. Grvt intends to use the resulting exposure in connection with Grvt Earn, subject to applicable requirements.
Grvt Earn is offered and operated independently by Grvt and is available only to eligible users in permitted jurisdictions. Grvt has subscribed for the notes. Any use of the resulting exposure in connection with Grvt Earn is independently determined and managed by Grvt.
From Tokenised Funding Notes to Tokenised ETFs
Tokenised funding notes are the starting point. The two firms will next explore additional tokenised products (including Treasuries and ETFs) on a non-committed and exploratory basis, subject to applicable regulatory approvals and product/compliance clearance.
Mirae Asset Financial Group oversees more than US$1 trillion in client assets worldwide as of Sep 2026. The parties intend to explore opportunities involving selected tokenised products, subject to applicable regulatory requirements.
The transaction represents an initial collaboration between the two firms. The parties may explore further opportunities involving tokenised products, subject to applicable legal and regulatory requirements and their respective internal approvals.
Mirae Asset Securities’ Digital Asset Expansion
Mirae Asset Securities has moved quickly to connect traditional finance and digital assets in 2026. In January, it became the first Korean securities firm to issue digital bonds in Hong Kong. In April, Mirae Asset Securities (HK) Limited became the first Korean-owned brokerage to receive the Securities and Futures Commission (“SFC”) approval to offer digital asset trading to retail investors. In July, it launched MAPS in Hong Kong, a single app for traditional and digital assets with products allowed by the SFC.
"When Korea's leading securities firm explores opportunities in tokenised assets, collaboration with market participants plays an important role. Grvt’s subscription to Mirae Asset Securities’ tokenised funding notes marks an initial step in this collaboration. Together, we intend to explore opportunities involving tokenised Treasuries, corporate bonds and, over time, ETFs for eligible investors in permitted jurisdictions, subject to applicable regulatory requirements.” Hong Yea, Co-founder and CEO, Grvt
“We see tokenisation as an important area of development for capital markets. Grvt’s subscription to this tokenised funding note issuance represents an opportunity to explore the use of tokenised securities in new market structures. We look forward to exploring further opportunities."
“This issuance marks a step forward in our digital asset strategy, bringing our structured product capabilities into tokenised markets. We look forward to exploring further opportunities with Grvt, subject to applicable regulatory requirements and internal approvals.” Kelly Sohn, Head of Digital Assets, Mirae Asset Securities (HK) Limited
About Grvt
Grvt is an onchain platform, live since 2024. Users trade, invest, and earn from a single account that only their own key can move. Grvt has served more than 198,000 wallets and reached a peak of US$109 million in total value locked on 22nd March 2026. It is backed by ZKsync, Further Ventures, 500 Global and Hack VC, and works with ecosystem partners including Ondo Finance, Aave, Morpho, Plume and OpenEden. Learn more at grvt.io.
About Mirae Asset Securities (HK) Limited
Mirae Asset Securities (HK) Limited (SFC CE No.: BJB333) is a member of the Mirae Asset Financial Group. Its parent company, Mirae Asset Securities Co., is one of the largest securities firms in South Korea. Established in Hong Kong, Mirae Asset Securities (HK) Limited serves as an important platform for connecting clients to global markets, supported by Mirae Asset’s international network, investment expertise, and long-standing commitment to innovation.
Disclaimer: This announcement is for information only and does not constitute an offer or solicitation to buy or sell any securities, virtual assets or other products. Grvt is not licensed or registered with the Securities and Futures Commission, and Grvt Earn has not been authorised by the SFC and is not offered to the public in Hong Kong. Grvt Earn is independently offered and operated by Grvt; its availability depends on jurisdiction and eligibility, and yields are variable and not guaranteed. Mirae Asset Securities (HK) Limited and its affiliates do not operate, distribute or recommend Grvt Earn and are not responsible for its operation, availability, performance or returns. Information about Grvt and Grvt Earn has been provided by Grvt and has not been independently verified by Mirae Asset Securities (HK) Limited or its affiliates.
ContactLesner ChuaGRVT ASIA PTE. LTDlesner.chua@grvt.io
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Bitzo, nor is it intended to be used as legal, tax, investment, or financial advice.

US stablecoin issuers face a major regulatory deadline on January 18, 2027, when the GENIUS Act and the Office of the Comptroller of the Currency's implementing regulations take effect.
Existing payment stablecoin businesses may be able to continue operating while their federal applications are under review, but that relief is not automatic.
Under OCC guidance issued October 21, an issuer with a substantially complete application pending by January 18 may request a waiver from certain requirements. The agency has not yet opened its application process.
The distinction matters for companies seeking to avoid interruptions to their US stablecoin operations.
What Changes Under the GENIUS Act in January 2027?
The GENIUS Act establishes a federal regulatory framework for payment stablecoin issuance.
Signed into law on July 18, 2025, it introduces requirements covering issuer authorisation, reserve backing, redemptions and supervisory oversight.
The OCC's final implementing rule was issued on October 21, 2026, and published in the Federal Register two days later.
The rules apply to specified entities under OCC jurisdiction, including eligible bank subsidiaries, federally qualified nonbank issuers, certain state-qualified issuers and foreign payment stablecoin issuers.
According to the OCC's final rule, issuing payment stablecoins in the United States generally requires permitted issuer status once the framework takes effect.
Digital asset service providers also face restrictions on offering or selling stablecoins issued by entities that do not meet the applicable requirements.
These restrictions make the January deadline important for both issuers and businesses distributing their tokens.
How Does the OCC Stablecoin Waiver Work?
The OCC has created a transitional route for qualifying issuers whose applications remain under review.
An issuer may request a waiver if it has submitted a substantially complete application to the OCC on or before January 18, 2027.
The waiver mechanism is particularly relevant to existing businesses seeking relief from the requirement to obtain approval before continuing to issue payment stablecoins.
Requirement OCC position GENIUS Act effective date January 18, 2027 Waiver eligibility Substantially complete application pending by the deadline Application status Intake not yet open Reason for delay Pending OMB approval of application information collection Waiver approval Must be requested; not automatic Main purpose Potential continuation of existing operations during application review
The OCC says this mechanism is intended to minimise disruption while existing issuers transition into the new framework.
However, submitting an application does not by itself establish that the issuer has permission to continue operations under every otherwise applicable requirement.
Does a pending application guarantee a waiver?
No.
The OCC's application and waiver bulletin establishes eligibility to request relief, not automatic approval.
The agency must consider the request under the relevant framework.
Issuers should therefore distinguish between having an application pending, being eligible to request a waiver and receiving an approved waiver.
When Will OCC Stablecoin Applications Open?
The OCC has not announced a firm opening date.
Before accepting applications, the agency must receive final approval from the Office of Management and Budget for the information collection associated with its application forms.
The OCC says it will issue a public announcement when it begins accepting applications and waiver requests.
That creates a timing challenge.
The January 18 compliance deadline is fixed, but the date on which businesses can begin submitting applications remains dependent on the separate approval process.
The OCC has also issued guidance on revised reporting forms.
Those forms concern weekly and quarterly reporting by issuers subject to OCC supervision. Their publication for comment should not be confused with the opening of the licensing process.
What Must Stablecoin Issuers Prepare?
The final rule establishes requirements across several operational areas.
Reserve management: Issuers must maintain qualifying assets supporting outstanding payment stablecoins in accordance with the applicable reserve standards.
Redemptions: The framework establishes requirements for redemption arrangements and the issuer's obligations towards eligible holders.
Risk management: Issuers must address operational, financial and custody-related risks.
Reporting and audits: The regulatory framework includes disclosure, reporting, auditing and supervisory obligations.
Capital and operational backstops: Covered issuers must satisfy applicable safeguards designed to support their operations and resilience.
These requirements are relevant to authorisation and ongoing supervision.
The OCC has made clear that applicants must satisfy the regulatory framework rather than simply provide proof that their tokens are backed by reserves.
Are Foreign Stablecoin Issuers Covered?
Yes, where the GENIUS Act and OCC rules apply.
The OCC's final regulations include provisions addressing foreign payment stablecoin issuers and the conditions under which they may access the US market.
The framework also includes supervisory requirements for foreign issuers.
Foreign incorporation does not automatically exempt a stablecoin business from US restrictions.
However, the specific obligations depend on the issuer's activities, regulatory status and the applicable statutory provisions.
This is especially relevant to internationally distributed dollar-backed stablecoins whose users include US residents.
What About Anti-Money-Laundering Rules?
The October OCC final rule does not complete every element of the GENIUS Act's implementation.
The agency specifically excluded regulations addressing the Bank Secrecy Act, anti-money-laundering requirements and Office of Foreign Assets Control sanctions from this rulemaking.
Those matters will be addressed separately in coordination with the US Treasury Department.
This does not mean applicable AML or sanctions obligations are suspended.
Businesses must continue complying with existing requirements while the remaining regulations are developed.
What Happens if an Issuer Misses the Deadline?
The OCC warns that noncompliance with the GENIUS Act after January 18, 2027, can carry criminal penalties.
An issuer that has not obtained the necessary authorisation, or does not qualify for applicable transitional relief, may face restrictions on continuing regulated activities.
The precise consequences depend on the conduct, the applicable provisions and any regulatory relief granted.
Existing issuers therefore have a practical reason to monitor the application's opening date and determine whether they can submit a substantially complete application before January 18.
A last-minute filing should not be assumed to satisfy the OCC's completeness standard.
What the GENIUS Act Deadline Means for Crypto Markets
The January deadline will test how smoothly existing stablecoin businesses can transition into the US federal regulatory framework.
The final rule provides clearer standards for reserves, redemptions, supervision and issuer operations. The waiver process offers a potential bridge for existing issuers awaiting approval.
But a significant procedural step remains unresolved: the OCC must still open its application system.
For stablecoin businesses, the immediate priority is determining the appropriate authorisation route, preparing the required information and understanding whether transitional relief may be available.
For exchanges and other digital asset service providers, the critical question is whether stablecoins offered to US customers meet the issuer eligibility requirements once the law takes effect.
The next important development will be the OCC's announcement that applications and waiver requests are open.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Castries, Saint Lucia, October 27th, 2026, Chainwire
PrimeXBT, a global multi-asset broker and crypto asset service provider, has announced a major expansion of its offering, introducing Tokenised Stocks, a new category of Crypto Futures available on its native PXTrader 2.0 platform. The launch gives crypto traders access to price movements linked to some of the world's most prominent companies, bringing opportunities from traditional equity markets into the crypto trading environment.
The new category includes seven USDT-denominated Crypto Futures linked to SpaceX (SPCX/USDT), NVIDIA (NVDA/USDT), Tesla (TSLA/USDT), Circle (CRCL/USDT), Apple (AAPL/USDT), Alphabet (GOOGL/USDT) and Robinhood (HOOD/USDT). Traders can take long or short positions and respond to market developments around the clock, including outside traditional stock exchange hours. The contracts provide exposure to company-linked price movements without ownership of the underlying shares.
“Big Tech remains at the centre of market attention, with AI investment, corporate earnings and growth expectations driving sentiment across global equities. Earnings season in particular can bring significant price movements, as investors reassess company performance and future prospects,” commented Jonatan Randin, Senior Market Analyst at PrimeXBT. “With tokenised stocks, we're opening up new opportunities to crypto traders, allowing them to participate in major equity market trends through a familiar crypto trading environment.”
Alongside Tokenised Stocks, PrimeXBT has added Lighter (LIT/USDT), Monad (MON/USDT), Venice Token (VVV/USDT), Canton (CC/USDT), Stable (STABLE/USDT), JUST (JST/USDT) and Midnight (NIGHT/USDT) to its PXTrader 2.0 lineup of over 170 Crypto Futures, further strengthening the depth and diversity of its offering across DeFi, AI, Gaming, Payments, Layer 1 and 2 networks, blockchain infrastructure, NFTs, Meme coins and the Metaverse. The broker has also introduced new Crypto CFDs on Monero (XMR/USD), Hyperliquid (HYPE/USD) and Zcash (ZEC/USD) on PXTrader 2.0, with corresponding USDT-quoted instruments available on MetaTrader 5.
PrimeXBT has also expanded its blockchain network support with the addition of Arbitrum, Optimism and Base, joining existing networks including Bitcoin, Ethereum, Tron, BNB Smart Chain and Solana. Additionally, the broker has added Tether Gold (XAUT), a tokenized gold asset, to its internal Exchange, expanding its offering of over 50 cryptocurrencies and digital assets.
The expanded offering is supported by flexible crypto funding and crypto-denominated accounts in USDT, USDC, BTC and ETH, allowing clients to trade without converting their holdings into fiat. PrimeXBT offers competitive Crypto Futures fees of 0.01% for makers and 0.045% for takers, with further discounts through its volume-based VIP program. New clients automatically receive VIP 4 status for their first 14 days, reducing Crypto Futures taker fees by 33%, while high-volume traders can unlock fees as low as 0.015% and Bitcoin CFD spreads from $19 at the highest VIP tier.
The launch reflects the growing convergence of crypto and traditional financial markets, bringing a wider range of global market trends into the crypto trading environment. From artificial intelligence and electric vehicles to space technology and digital finance, PrimeXBT continues to broaden trading opportunities beyond digital assets, reinforcing its position as an innovative multi-asset broker connecting markets through one trading ecosystem.
To learn more about the Crypto Futures offering, users can visit PrimeXBT’s website.
About PrimeXBT
PrimeXBT is a global multi-asset broker and crypto asset service provider trusted by traders in more than 150 countries. The platform bridges traditional and digital markets within one integrated environment, redefining versatility and innovation in online trading. Clients can access Forex, CFDs on indices, commodities, shares, crypto, and Crypto Futures, as well as buy, store and exchange cryptocurrencies. This unified experience extends across both the native PXTrader 2.0 platform and MetaTrader 5, supported by advanced risk-management tools and a wide range of funding options in crypto, fiat and local payment methods. Since 2018, PrimeXBT has focused on empowering traders through broad multi-asset access, fair and transparent conditions, professional-grade technology and dedicated human support. By combining expertise, trust and a client-first approach, PrimeXBT sets a benchmark of excellence in the financial industry and provides traders with the tools they need to trade, grow and succeed with confidence.
Disclaimer: The content provided here is for informational purposes only and is not intended as personal investment advice and does not constitute a solicitation or invitation to engage in any financial transactions, investments, or related activities. Past performance is not a reliable indicator of future results. The financial products offered by the Company are complex and come with a high risk of losing money rapidly due to leverage. These products may not be suitable for all investors. Before engaging, you should consider whether you understand how these leveraged products work and whether you can afford the high risk of losing your money. The Company does not accept clients from the Restricted Jurisdictions as indicated on its website / T&Cs. Some products and services, including MT5, may not be available in your jurisdiction. The applicable legal entity and its respective products and services depend on the client’s country of residence and the entity with which the client has established a contractual relationship during registration.
ContactPrimeXBTpr@primexbt.com
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Bitzo, nor is it intended to be used as legal, tax, investment, or financial advice.

Stablecoin issuers could hold approximately $400 billion in short-term US Treasury securities by 2030 if recent growth trends continue, according to research from the Federal Reserve Bank of San Francisco.
The projection highlights a shift in the US government debt market. Companies issuing dollar-backed cryptocurrencies, particularly Tether and Circle, have become significant buyers of short-term Treasury securities as demand for digital dollars expands.
In its September 28 research report, the San Francisco Fed estimated that the two largest stablecoin issuers increased their Treasury-related holdings by approximately $200 billion over five years.
The trend could strengthen demand for Treasury bills, although economists caution that growth in stablecoin reserves does not necessarily create an equivalent increase in total demand for US government debt.
Why Stablecoins Are Buying US Treasury Bills
Dollar-backed stablecoins are designed to maintain a value close to $1.
To support redemptions, issuers hold reserve assets that can be converted into dollars when customers redeem tokens.
Short-term US Treasury bills are attractive reserve assets because they are highly liquid, carry relatively low credit risk and mature within a limited period.
Tether and Circle also use cash, bank deposits and repurchase agreements as part of their reserve arrangements.
As stablecoin circulation grows, issuers generally need additional reserves.
If those reserves are invested in Treasury bills, new stablecoin issuance can translate into additional demand for US government debt.
The relationship also works in reverse: substantial stablecoin redemptions may require issuers to use cash or liquidate reserve investments.
How Much US Debt Do Stablecoin Issuers Hold?
The San Francisco Fed found that Treasury-related holdings at Tether and Circle had expanded more than tenfold over five years.
Their combined increase of approximately $200 billion represented more than 40% of the decline in China's Treasury holdings during the same period.
However, the comparison requires an important qualification.
China's reductions largely involved longer-term Treasury debt, while stablecoin issuers primarily accumulated short-term instruments.
The two flows therefore affect different parts of the Treasury market.
Indicator Finding Increase in Tether and Circle Treasury-related holdings Approximately $200B over five years Growth in holdings More than tenfold Comparison with China's Treasury holdings decline More than 40% Potential stablecoin Treasury demand by 2030 Approximately $400B Primary maturity preference Short-term Treasury securities
Source: Federal Reserve Bank of San Francisco, September 28, 2026. Its comparison includes Treasury bills and certain repurchase agreements.
The $400 billion figure is a conditional projection, not a guaranteed forecast.
It assumes that the recent expansion of stablecoin reserve holdings continues.
Tether and Circle Are Major Treasury Market Participants
Tether's reserve portfolio illustrates the scale of stablecoin-related demand.
The company's second-quarter 2026 disclosure reported total assets of approximately $187.75 billion and liabilities of $183.64 billion.
Tether also reported a reserve surplus of approximately $4.11 billion.
US government-backed instruments and short-term liquidity arrangements represented a substantial portion of its reserves.
Circle follows a similar broad approach, although its reserve structure and disclosures differ.
According to Circle's transparency dashboard, USDC had approximately $72.0 billion in circulation and $72.2 billion in reserves as of October 22.
Its disclosed reserve categories include bank deposits, short-term Treasury securities and overnight Treasury repurchase agreements.
Circle also publishes reserve information and obtains monthly independent assurance reports.
These figures demonstrate why stablecoin reserve management increasingly matters to conventional financial markets.
Can Stablecoins Lower US Treasury Yields?
Additional demand for Treasury bills can support their prices and, all else being equal, reduce their yields.
However, the impact depends on where stablecoin buyers obtain their dollars.
If an investor sells another Treasury-backed investment to purchase USDC, the stablecoin issuer may simply replace an existing holder of government debt.
In that situation, the net increase in Treasury demand could be limited.
A different outcome is possible when stablecoin purchases are funded by reallocations from assets that do not already hold Treasury securities.
The Federal Reserve Bank of Kansas City has highlighted this distinction.
Stablecoin growth may increase direct demand for government debt while reducing demand for bank deposits or other financial assets.
That could also affect bank funding and the availability of credit.
Consequently, a larger stablecoin market does not automatically mean lower Treasury yields across every maturity.
How the GENIUS Act Changes Stablecoin Reserves
US regulation is becoming an important factor in how stablecoin issuers manage reserves.
The GENIUS Act, enacted in July 2025, establishes a federal framework for payment stablecoins.
On October 21, 2026, the Office of the Comptroller of the Currency issued its final implementing rule, published in the Federal Register on October 23.
The rule takes effect on January 18, 2027.
According to the OCC's official announcement, covered issuers must maintain qualifying reserves backing outstanding payment stablecoins on at least a one-to-one basis.
Eligible reserve assets include specified high-quality liquid instruments such as short-term US Treasury securities.
The framework also addresses liquidity, redemption procedures, reserve management and supervision.
For the Treasury market, the implications are straightforward.
As more stablecoin issuers operate within a framework requiring high-quality reserves, their asset purchases could become a more consistent source of demand for short-term government securities.
However, the size of that demand will still depend on actual stablecoin adoption and issuance.
What Happens if Stablecoin Demand Declines?
Reserve growth can support Treasury demand, but large-scale redemptions introduce a different risk.
When customers redeem stablecoins, issuers must provide the corresponding dollars.
If available cash is insufficient, they may need to liquidate Treasury bills or other eligible reserve assets.
Under ordinary market conditions, short-term government securities are relatively easy to sell.
During periods of financial stress, simultaneous redemptions across multiple issuers could increase pressure on liquidity.
The risk depends on reserve quality, maturity distribution and access to cash.
This is one reason regulatory requirements for liquidity management and timely redemption matter.
A properly structured reserve portfolio must support both routine withdrawals and periods of unusually high demand for redemptions.
Could Stablecoins Become Major Buyers of US Debt?
The San Francisco Fed's $400 billion projection illustrates how much stablecoin issuers could grow as Treasury investors.
Even at that scale, the sector would remain substantially smaller than the US government's overall financing requirements.
The more immediate impact would likely be concentrated in Treasury bills rather than long-term bonds.
For financial markets, three indicators deserve attention: growth in USDT and USDC circulation, changes in reserve composition and the volume of stablecoin redemptions.
Regulation will influence which reserve assets issuers can hold, while investor demand will determine how quickly those portfolios expand.
Stablecoins are becoming a meaningful part of the short-term Treasury market, but their ultimate impact on yields and financial stability depends on where the underlying capital originates and how reserves behave during market stress.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Buying a spot Bitcoin ETF and purchasing Bitcoin directly provide exposure to the same underlying asset, but they involve different costs, ownership rights and custody arrangements.
A spot Bitcoin exchange-traded product allows investors to buy shares through a brokerage account without managing cryptocurrency wallets. Direct BTC ownership allows investors to transfer Bitcoin on the network and, with self-custody, control their own private keys.
The differences have become more significant as competition among US Bitcoin funds has driven annual fees as low as 0.14% in 2026.
Bitcoin ETF vs Bitcoin: Key Differences
Feature Spot Bitcoin ETF/ETP Direct Bitcoin What investors own Shares of a Bitcoin investment trust BTC Custody Fund-appointed custodian Self-custody or exchange custodian Annual fund fee Varies by product No fund management fee Trading hours Exchange trading sessions 24/7 crypto markets Bitcoin transfers Generally unavailable to retail shareholders Supported Main costs Fund fees, brokerage costs, spreads Exchange fees, spreads, network fees Main risks BTC volatility, tracking, custody and fund structure BTC volatility, wallet security and platform risks
The SEC's investor guidance makes an important regulatory distinction: US spot Bitcoin products are generally exchange-traded commodity trusts, not investment companies registered under the Investment Company Act of 1940.
Although commonly called ETFs, they do not receive every protection applicable to traditional registered investment funds.
How Much Do Bitcoin ETFs Charge in 2026?
The annual sponsor fee is one of the clearest differences between owning BTC directly and holding a Bitcoin fund.
A comparison of US spot Bitcoin products, using published fee information current to October 22, 2026, shows substantial variation.
Fund Ticker Annual fee Morgan Stanley Bitcoin Trust MSBT 0.14% Grayscale Bitcoin Mini Trust BTC 0.15% Franklin Bitcoin ETF EZBC 0.19% Bitwise Bitcoin ETF BITB 0.20% ARK 21Shares Bitcoin ETF ARKB 0.21% iShares Bitcoin Trust IBIT 0.25% Fidelity Wise Origin Bitcoin Fund FBTC 0.25% Grayscale Bitcoin Trust GBTC 1.50%
Source: Bitcoin ETF fee comparison, October 22, 2026. Fees may change.
For a hypothetical $10,000 investment, the approximate first-year sponsor fee would be:
MSBT: $14
IBIT: $25
GBTC: $150
These figures assume the investment's value remains unchanged and exclude brokerage commissions and trading spreads.
Fund fees are generally reflected in the product's net asset value rather than charged as separate annual invoices.
Over longer holding periods, a persistent fee difference can affect total returns.
Direct Bitcoin ownership avoids the ETF sponsor fee, but investors may still pay exchange commissions, bid-ask spreads, network transaction fees and hardware-wallet costs.
Do Bitcoin ETF Investors Actually Own Bitcoin?
No. Retail investors purchasing spot Bitcoin ETF shares generally own securities issued by the fund rather than Bitcoin they can withdraw to a personal wallet.
The fund holds the underlying BTC through its custody arrangements.
For example, BlackRock explains that investors in its iShares Bitcoin Trust ETF, IBIT, own shares while the fund's Bitcoin is held by Coinbase Custody.
This structure provides economic exposure to BTC without requiring shareholders to manage private keys.
However, shareholders generally cannot transfer the fund's Bitcoin to an external wallet or spend it on the Bitcoin network.
Direct ownership works differently.
Someone holding BTC in a self-custodied wallet can authorise transactions, transfer funds between addresses and use compatible Bitcoin payment services.
That flexibility comes with responsibility for protecting wallet credentials.
Self-Custody vs ETF Custody: Which Has More Risk?
Neither arrangement eliminates risk. They expose investors to different failure scenarios.
Bitcoin self-custody
With self-custody, investors manage their private keys and recovery information.
The main advantage is independent control over transactions without requiring a trading platform to authorise withdrawals.
The main disadvantage is that losing access to private keys or recovery phrases may result in permanent loss of funds.
The SEC's crypto custody bulletin highlights these responsibilities, including the risks of lost devices, theft and compromised credentials.
Bitcoin ETF custody
An ETF investor does not personally manage the Bitcoin private keys.
Instead, the investment relies on the fund, its custodian and the brokerage and market infrastructure through which the shares are held and traded.
This removes much of the operational burden of self-custody but introduces dependence on intermediaries.
Investors should review the fund's custody arrangements, insurance disclosures, operational risks and prospectus.
Regulatory oversight does not guarantee protection against Bitcoin price declines or every possible custody loss.
Why Bitcoin ETF Returns Can Differ From BTC Prices
Spot Bitcoin products aim to track the underlying cryptocurrency, but their returns need not match Bitcoin's performance exactly.
Differences can arise from:
Annual sponsor fees.
Premiums or discounts between market price and net asset value.
Bid-ask spreads.
Trading hours and market liquidity.
Cash holdings or operational expenses permitted by the fund structure.
The distinction is particularly relevant during weekends.
Bitcoin trades continuously, while shares of US-listed spot Bitcoin products trade during available securities-market sessions.
If BTC moves sharply on Saturday or Sunday, ETF investors generally cannot react through ordinary ETF share trading until their market reopens.
The opening price may then reflect the change that occurred while stock exchanges were closed.
Is a Bitcoin ETF Better for Long-Term Investors?
The answer depends on what the investor needs from Bitcoin.
A spot Bitcoin ETF may be more convenient for investors who already manage securities through brokerage accounts, want familiar portfolio reporting or do not want responsibility for private-key management.
Direct Bitcoin may be more suitable for investors who prioritise self-custody, unrestricted on-chain transfers and ownership outside the conventional brokerage structure.
Fees also matter.
For investors holding BTC over many years, recurring fund costs can accumulate. However, direct custody involves its own security requirements and potential transaction expenses.
Tax treatment depends on jurisdiction, account structure and individual circumstances. ETF shares should not be assumed to receive the same treatment as direct BTC holdings in every country.
Bitcoin ETF or Direct BTC: What Should Investors Compare?
Before choosing between the two structures, investors should consider three practical questions.
What form of ownership is required? ETF shares offer price exposure; self-custodied Bitcoin provides direct control of the underlying asset.
What is the total cost? Compare ongoing fund charges with exchange fees, trading spreads and custody expenses.
Who is responsible for security? Self-custody places key management with the holder, while an ETF relies on professional custody and financial intermediaries.
The most important distinction is that a Bitcoin ETF is not simply Bitcoin stored in a different account.
It is a financial security designed to deliver exposure to Bitcoin's price.
For investors who only need portfolio exposure, that distinction may be acceptable. For those who want to hold, transfer and control BTC directly, it is fundamental.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Electrum released version 4.8.3 on Oct. 24 after disclosing a high-severity flaw that malicious servers were exploiting in the wild to substitute Bitcoin transactions and potentially redirect funds. The wallet said versions before 4.8.3 were affected, and that it had received two user reports, including one case in which a user lost funds after raising the fee on a substituted transaction.
Electrum 4.8.3 patches transaction-history signature validation
Electrum’s version 4.8.3 verifies signatures on unconfirmed transactions spending wallet-controlled coins before adding them to local transaction history, according to the project’s security advisory.
Electrum classified the vulnerability as high severity and said releases earlier than 4.8.3 are affected. The fix is intended to stop a server from introducing an invalid, conflicting transaction into a wallet’s transaction history during a critical stage of the payment flow.
Rogue servers substituted a conflicting payment before the RBF fee bump
The attack relied on a malicious Electrum server during a user’s attempt to increase the fee on a recently broadcast transaction through replace-by-fee, or RBF. Electrum said the server could replace the newly broadcast payment with a conflicting transaction that paid an attacker.
The user could then be prompted to sign an RBF fee increase for that replacement rather than for the original payment. In effect, the fee-bump action became the point at which the attacker-directed transaction could gain the user’s signature.
RBF is commonly used to accelerate an unconfirmed Bitcoin transaction by replacing it with a version that carries a higher fee. The reported vulnerability concerned how affected Electrum versions processed transaction information provided by their servers before the user signed that replacement.
Electrum confirms in-the-wild attacks and a reported loss
Malicious servers were carrying out the attack in the wild, Electrum said on Oct. 24. The project reported two user complaints, including one case in which a user lost funds after increasing the fee on a substituted transaction.
Users of releases before 4.8.3 were identified in Electrum’s advisory. The immediate step described in the reporting was to upgrade from older versions.
CoinDesk’s Oct. 26 report said at least one user had lost bitcoin and urged users to check recipient addresses and payment amounts before signing transactions.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Keystone said on October 26 that an attacker accessed 25,964 buyer records and 12,873 incomplete checkout records in a website breach. The hardware-wallet maker also suspended shipments after the intruder obtained a key used to verify device authenticity, forcing it to destroy affected inventory.
Keystone says 25,964 buyer records and 12,873 checkout records were accessed
The accessed buyer records contained names, contact details, shipping addresses and order information, Keystone said in a company statement. The company separately identified 12,873 incomplete checkout records, without detailing the fields contained in those records.
The disclosure gives a fuller measure of the incident than Keystone's initial notice, which focused on customer shipping information taken from its website.
Stolen authentication key forces shipment suspension and device destruction
Keystone said the attacker exploited a vulnerability in a third-party data-monitoring tool and obtained the device-authentication key used to verify whether a wallet is genuine. It said shipments were suspended as a result.
The company said it would destroy 18,835 inventory devices containing the old key. That action makes the episode an operational security incident as well as a disclosure involving customer and order data.
Keystone says wallet secrets and payment data were unaffected
Recovery phrases, private keys, wallet credentials and payment information were not exposed, according to The Crypto Times' report on Keystone's disclosure.
Keystone advised customers not to move assets solely because of the incident.
At the same time, the company warned that customers who received devices after October 20 may need additional authenticity checks. The cited information did not specify what those checks would involve.
Website intrusion was detected October 20
Keystone initially disclosed the intrusion on October 24. It said it detected unauthorized website access on October 20 and confirmed on October 23, after reviewing Shopify API activity, that customer shipping information had been obtained, according to Unchained.
The October 26 update added the number of affected buyer and checkout records, alongside the compromise of the device-authentication key and the resulting inventory destruction.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Ripple said on October 26 that the Office of the Comptroller of the Currency had granted final approval to charter Ripple National Trust Bank, making it a federally supervised national trust bank. The approval allows the new entity to take on reserve-management, collateral-trust and digital-asset custody functions, while RLUSD issuance remains with Ripple's existing New York-regulated trust company.
Final OCC approval completes Ripple’s national trust-bank charter
Ripple said the OCC had granted final approval for Ripple National Trust Bank’s national trust-bank charter, completing a process that started with the regulator’s preliminary conditional approval on December 12, 2025.
That December 12, 2025 OCC announcement listed Ripple National Trust Bank among conditionally approved national trust-bank applicants.
Ripple National Trust Bank will oversee RLUSD reserves and custody
The approved bank will manage segregated reserves backing Ripple USD, or RLUSD, and serve as collateral trustee for RLUSD holders, according to Ripple. It will also provide fiduciary digital-asset custody services.
That allocation places reserve administration and custody within the federally supervised trust-bank entity. Secondary reporting following the announcement likewise said the approval clears Ripple to manage RLUSD reserves and offer digital-asset custody.
Standard Custody remains RLUSD’s issuer
The charter does not shift the stablecoin’s issuance to Ripple National Trust Bank. RLUSD will continue to be issued by Standard Custody & Trust Company, Ripple’s limited-purpose trust company regulated by the New York Department of Financial Services.
The distinction separates the issuer from the new bank’s stated roles in managing segregated reserves, acting as collateral trustee and offering custody. Ripple’s announcement did not state a separate launch date or operational timetable for those services.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.