Shareholder losses at publicly listed crypto treasury companies have reached approximately $50 billion as their shares continue to decline. Investors are also increasing scrutiny of compensation, equity incentives and related-party transactions.

Stablecoin payments between Korean and overseas companies reached approximately $620 million from January 2021 through September this year. Their use is expanding beyond investment into trade payments and intercompany settlement.

SEC Chair Paul Atkins said tokenization could support 24-hour trading in U.S. equities and enable real-time inventory management that may help reduce naked short selling and settlement failures.

Sui has been adopted as the settlement infrastructure for African cross-border payments platform Daya. Daya users can transfer supported stablecoins without separate gas fees and reallocate funds for cross-border payments in real time.

State-linked hackers, including operators linked to North Korea and Iran, increased their use of public blockchains to store malware commands and infrastructure information by 420% over the past 12 months, according to Chainalysis.

An estimated 290 people worldwide held more than $100 million in cryptocurrency assets as of August 31, according to Henley & Partners. Singapore ranked first in the Henley Crypto Adoption Index for the fourth consecutive year.

BitMEX co-founder Arthur Hayes expects financial asset prices to continue rising despite Fed rate hikes, arguing that money supply is still increasing in the financial system.

The U.S. House Financial Services Committee passed the United States Reserve Modernization Act by a 28-21 vote. The bill would establish a Strategic Bitcoin Reserve under the Treasury and require quarterly reserve disclosures and third-party audits.

Morgan Creek Capital Management CEO Mark Yusko said Bitcoin’s fair value is approximately $105,000 based on Metcalfe’s law, describing its price of about $75,000 at the time as discounted.