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Opening arguments in the criminal trial for two brothers allegedly responsible for using maximal extractable value (MEV) bots to perpetuate a multimillion-dollar exploit kicked off on Wednesday.Anton and James Peraire-Bueno appeared in a New York courtroom as US attorneys and defense lawyers presented different narratives around the alleged crypto scheme, which resulted in about $25 million being removed. According to reporting from Inner City Press, attorneys for the US government claimed the brothers “tricked their victims” by committing a “high-speed bait and switch.” However, defense attorneys said the “victims here were sandwich bots,” adding that the Peraire-Bueno duo employed a trading…

In brief Coinbase added Binance’s BNB token to its listing roadmap on Wednesday. BNB is the fourth-largest digital asset by market capitalization. Coinbase delisted the Binance-branded BUSD stablecoin amid regulatory scrutiny in 2023. Coinbase added BNB to its listing roadmap on Wednesday, signaling support for the cryptocurrency issued by its biggest competitor, Binance.Offered to the public through an initial coin offering in 2017, the asset—which can be used for transaction fees on Binance’s platform—is currently the fourth-largest digital asset by market capitalization, worth $164 billion, according to crypto data provider CoinGecko.Although the asset will lack any utility within Coinbase’s ecosystem,…

Luisa Crawford Oct 15, 2025 18:55 CMB International collaborates with BNB Chain to tokenize a $3.8 billion money market fund, enhancing blockchain access to regulated real-world assets. CMB International Asset Management Limited (CMBIAM), a subsidiary of China Merchants Bank, has partnered with BNB Chain to bring a significant money market fund on-chain. This collaboration introduces the CMB International USD Money Market Fund, valued at over $3.8 billion, to the blockchain ecosystem via CMBMINT and CMBIMINT tokens, according to BNB Chain. Bringing Institutional Funds On-Chain The initiative marks a pivotal advancement in integrating regulated…

Coinbase surprised crypto markets on Wednesday by unveiling a new issuer-facing listings program and, minutes later, adding BNB to its listing roadmap — an unexpected nod to the flagship token of its biggest rival.At 4:12 p.m. UTC, the Coinbase Markets account on X introduced “The Blue Carpet,” a revamped asset-listing experience aimed at making the process more transparent for onchain builders. According to Coinbase’s blog post, the bundle offers a direct line to the listings team for tailored guidance, the ability to request updates to an asset’s page across Coinbase’s centralized exchange and its retail DEX, referral discounts for services…

Vaduz, Liechtenstein, October 15th, 2025, Chainwire xMoney, the compliant, all-in-one payment ecosystem bridging traditional finance and Web3, has officially launched its native token, $XMN, on Sui, a leading Layer 1, marking a major milestone in its mission to build the future of compliant, global payments. The launch comes as Sui deepens its strategic investment in xMoney after xMoney’s recent expansion, reinforcing their shared vision to connect traditional finance, stablecoins, and digital assets through scalable, compliant infrastructure. “While the market moves in cycles, utility and compliance never go out of style,” said Gregorios Siourounis, CEO of xMoney. “The launch of $XMN…

Strategic PIPE transaction enhances Zeta Network Group’s digital treasury with fully collateralized SolvBTC assets NEW YORK, Oct. 15, 2025 /PRNewswire/ — Zeta Network Group (Nasdaq: ZNB) today announced that it has entered into a securities purchase agreement in a private placement for an aggregate of US$230,837,060.2 of (1) its Class A ordinary shares; (2) warrants entitling the Purchaser to purchase one Class A ordinary share for one warrant, exercisable at a price of $2.55 per Class A ordinary share, at a combined offering price of $1.7 per Class A ordinary share and warrant to purchase one Class A ordinary share. The…

The Immersive Wire – 13 October 2025Executive summary Welcome to your weekly briefing on the metaverse and spatial computing. Here are your snippets to sound smarter in meetings this week: This week’s stories: Metrohive Studio, in collaboration with the Municipality of Mirandola and supported by the Emilia-Romagna Region, has created Quasi 8 Secoli, a Meta Quest 3 VR experience launching in December that virtually reconstructs a historic building lost in the 2012 earthquakes to preserve local cultural heritage (more below) Event: Meet up with other industry professionals on 30 October in London! Come along to socialise and have fun. Morocco…

Stripe surreptitiously revealed that it will allow stablecoin payments for subscriptions and other recurring transactions, not just one-offs. This signals its increasing commitment to crypto.Such a feature could provide a major onramp for crypto functionality, making all of Web3 that much more mainstream.Sponsored SponsoredStripe’s Stablecoin SubscriptionsStripe, a global leader in payments processing, has been incorporating stablecoins for the past few months now. This took place after major acquisitions as part of a broader strategy to re-enter the crypto space. Today, unverified rumors have been circulating that Stripe would begin allowing stablecoins for subscription payments. Although the company hasn’t evidently announced…

In brief Kenyan parliament enacted the Virtual Asset Services Providers Bill, which seeks to establish regulatory bodies and crypto frameworks in the country. The bill identifies Kenya’s Central Bank and the Capital Markets Authority as regulatory bodies that will oversee brokers, investment advisors, and others. Sub-Saharan Africa ranked third in Chainalysis’ geographic crypto adoption report, with Kenya ranked fourth among African nations in total value received. Kenya is one step closer to regulating crypto in the country, as its parliament enacted the Virtual Asset Service Providers Bill 2025 last week, a senior parliament member told Reuters.The bill will now need…

Solana’s price decline from highs near $230 to roughly $195 between October 7 and 14 has dampened confidence among some of its major holders. On-chain data shows that over the past week, SOL has seen a significant drop in the number of perpetual futures positions held by its key investors, raising the risk of further downward pressure on the coin in the near term.Sponsored SponsoredSOL Sentiment Turns Cautious as Large Holders Step BackAccording to Nansen, whales trading Solana perpetual futures have reduced their net positions by 103% over the past week. This signals that some of the market’s largest players are…