Crypto news. Royal judgement.
Solana, Avalanche and Chainlink reach Schwab Crypto. PNC tests USDC receipts, Raycash puts payment privacy into beta, prosecutors pursue seized scam proceeds, and Strategy's latest filing shows where the money went.
Read the access conditions, follow the money, and leave enough room in the briefcase for the facts.
Charles Schwab enabled trading in SOL, AVAX and LINK on 9 November, expanding Schwab Crypto from two assets to five. Eligible US customers can trade them alongside Bitcoin and Ethereum; each trade costs 0.75% of its dollar value.
PNC announced a limited pilot on 9 November allowing eligible corporate and institutional clients to receive USDC on Ethereum. Coinbase supplies the stablecoin infrastructure; receipts convert automatically, one-for-one, into dollars in a designated PNC deposit account.
Raycash, a Zama spin-off, launched an Ethereum mainnet private beta on 9 November. It says users can make USDC payments while encrypting balances and transfer amounts, with access opening in stages.
Massachusetts federal prosecutors announced a civil forfeiture action on 9 November over 456,602 USDT allegedly traced to romance fraud. Authorities have seized the funds; the filing does not mean victims have already been repaid.
Strategy's 9 November filing reports buying 1,036 BTC for $81.9 million during 2–8 November, taking holdings to 850,364 BTC. It spent $188.3 million buying back STRC preferred shares, more than twice the amount allocated to Bitcoin.
An independent Aave forum proposal posted on 9 November seeks discussion of a feasibility study into controls on new borrowing during external security incidents. It is a conceptual draft, with no approved protocol change or deployed shield.
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