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U.S. spot Bitcoin ETFs drew $526.7 million in net inflows on Oct. 19, led by BlackRock’s IBIT. Outflows from Fidelity’s FBTC and Grayscale’s GBTC trimmed the gain, while October’s flows remained negative overall.
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Strive lists SATA preferred stock at a cumulative, variable 13% annualized dividend rate—not 15%. Its SEC filing permits bitcoin purchases but does not verify a $630 million raise or define claims that Strive is the “No. 2” bitcoin holder.
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Strive’s reported $630 million SATS offering implies a 16.67% yield at the stated price—but the deal, dividend terms and reserve remain unverified. Here’s what the available disclosures confirm, and what investors still need to check.
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Tether’s CEO says the company froze Iran-linked USDT wallets before official designations, but Senate Democratic staff cite 34 wallets left unfrozen until March 2024 as more than $34.6 million flowed out. Key details behind Tether’s timing claims remain undisclosed.
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A pre-activation check found 151 Solana validators representing 20.3% of stake had yet to meet Alpenglow’s reported requirements. That’s a readiness snapshot—not proof the stake would go offline—as operators were urged to update software, configure keys and fund vote accounts.
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USDC is reportedly set to become the EU’s first “significant” e-money token, bringing tougher EBA scrutiny of reserves and redemptions. Circle is pushing back on MiCA’s reserve rules as it seeks to expand across global payment markets.
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Blockchain trackers report that wallets linked to Drift Protocol’s $285 million exploit sent 13,400 to 25,700 ETH—worth roughly $32 million to $61.6 million—to Tornado Cash. The estimates differ, and the transfers don’t prove the funds were cashed out. Meanwhile, Drift’s DFX recovery tokens don’t guarantee full repayment.
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A UK advocacy group reports more than 10,000 complaints about bank limits and blocks on crypto transfers. The figures highlight customer frustration—but gaps in the data, unclear causes and unanswered questions about the banks’ policies make them hard to interpret.
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Bitget’s proposed acquisition of a licensed Thai exchange remains subject to regulatory approval, with the target reporting three years of operating losses. The deal follows a cyberattack in which Bitget says about $387.5 million in assets were transferred; the final recovery amount remains undisclosed.
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SkyAI says it held no SOL as of October 16 and is offering up to $201.3 million to buy back shares and warrants. The offer faces shareholder pushback over its price, while questions remain about the company’s SOL disposals and planned business.
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