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Bankers sue to overturn OCC trust-bank rule used by crypto firms

The Independent Community Bankers of America sued the OCC in federal court in Washington on Oct. 2, two weeks after the agency approved Agora National Trust Bank, Catena Trust Bank and Bastion Platforms. American Banker reported that the complaint asked the court to vacate the OCC's national trust bank rule and Interpretive Letter 1176. It […] The post Bankers sue to overturn OCC trust-bank rule used by crypto firms appeared first on CryptoSlate.

2 hours ago · CryptoSlate

Hedge funds built a $1.2 trillion Treasury trade on money they have to keep borrowing

Companies can own a mountain of US government debt without betting that bond prices will rise. Hedge funds buy Treasury securities and sell futures against them to collect a small pricing gap, borrowing most of the purchase money to make the return worthwhile. The government gets another buyer, whose interest lasts as long as the […] The post Hedge funds built a $1.2 trillion Treasury trade on money they have to keep borrowing appeared first on CryptoSlate.

3 hours ago · CryptoSlate

Chainalysis Used AI to Trace the $387M Bitget Hack Back to North Korea

The firm says the Sept. 24 breach pushed North Korea's 2026 crypto haul past $1 billion, and detailed how it used in-house AI to trace the stolen funds across four blockchains in a race against the attackers.

5 hours ago · Decrypt

OpenAI Banned PewDiePie Twice While He Built Ajax, an Uncensored AI That Will Run on Your PC

The YouTuber says OpenAI suspended his account twice while he trained a small, uncensored model built to run on your own computer.

6 hours ago · Decrypt

ESMA proposes ending EU custody and transfer services for non-compliant stablecoins

Non-compliant tokens could lose licensed custody and transfer access if the proposal becomes law, with exit rules still unresolved. The post ESMA proposes ending EU custody and transfer services for non-compliant stablecoins appeared first on CryptoSlate.

6 hours ago · CryptoSlate

Payments firm OpenPayd targets year-end Nasdaq listing to fund U.S. expansion and acquisitions

CEO Iana Dimitrova said OpenPayd aims to launch in the U.S. by April 2027 and is eyeing deals to add licenses and technology.

6 hours ago · CoinDesk

Crypto job postings triple to over 1,200 in September, but applications fall

Finance, engineering and trading led hiring demand, while Bitcoin, Ethereum and Solana were the most frequently requested blockchain skills.

6 hours ago · CoinDesk

Trump Is Hosting Yet Another Meme Coin Dinner: Here Are the Details

The TRUMP meme coin project is inviting its top 185 holders to a Nov. 22 gala dinner with President Trump two weeks after ethics disputes over his crypto interests helped stall the Clarity Act in the Senate.

7 hours ago · Decrypt

Cathie Wood says smart investors need to start watching where AI agents spend money

As AI agents evolve from answering questions to spending real money, investors and tech giants are scrambling to control the financial networks powering machine-driven commerce.

7 hours ago · CoinDesk

Six US banks have failed in 2026 but the numbers look nothing like 2023

Six US banks have failed in 2026 so far, which is one more than in 2023 and enough to make another banking-crisis headline practically write itself. But before we start reliving Silicon Valley Bank, it's worth looking at what those six banks actually held: about $1.43 billion in combined assets, compared with roughly $552.54 billion […] The post Six US banks have failed in 2026 but the numbers look nothing like 2023 appeared first on CryptoSlate.

9 hours ago · CryptoSlate

The Pope Has Thoughts on AI Art—And They're Not Flattering

The pontiff says algorithms "lack the spark of humanity," and the Vatican wants to renew an alliance with artists and cultural institutions to protect it.

9 hours ago · Decrypt

Crypto's Sisyphean struggle

Progress will effectively reset when the new Congress is sworn in, because key senators who quarterbacked the bill will not be on the ballot again, writes the Cato Institute's Ryan Chan-Wei.

9 hours ago · CoinDesk