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Solana Basis Launches Atomic DvP Settlement Device With JPMorgan Enter

Solana Basis Launches Atomic DvP Settlement Device With JPMorgan Enter

TL;DR The Solana Foundation has launched Solana DvP, an open-source delivery-versus-payment settlement program for financial institutions. The MIT-licensed tool is designed to settle the asset and cash legs of a transaction atomically through isolated escrow. JPMorgan provided input on institutional settlement practices, but the program is a Solana Foundation release rather than a JPMorgan product.…
Bringin Opens Euro Enterprise Accounts Constructed Round Self-Custody Bitcoin

Bringin Opens Euro Enterprise Accounts Constructed Round Self-Custody Bitcoin

TL;DR Bringin has opened an invite-only beta of euro business accounts for companies using Bitcoin and stablecoins. Businesses get a named euro vIBAN and SEPA access while retaining control of their Bitcoin through self-custody infrastructure. The beta is already being used by 15 businesses and is available to companies across 30 European countries. European businesses…
Genius Group Restarts Bitcoin Shopping for With 10 BTC Buy

Genius Group Restarts Bitcoin Shopping for With 10 BTC Buy

TL;DR Genius Group has restarted Bitcoin purchases, buying 10 BTC for approximately $854,000. The company paid an average of $85,364 per Bitcoin across purchases made between October 2 and October 5. The renewed buying follows the removal of a court injunction that had previously restricted the company’s ability to raise funds and purchase Bitcoin. Genius…
Hyperscale Information Says Bitcoin And Money Reserves Attain $56.4M

Hyperscale Information Says Bitcoin And Money Reserves Attain $56.4M

TL;DR Hyperscale Data says it held about $56.4 million in Bitcoin, cash and restricted cash as of October 4. That total included 219.9586 BTC valued at roughly $19 million and approximately $37.4 million of cash and restricted cash. The $56.4 million figure is not the value of the company’s Bitcoin alone. Hyperscale Data has given…
Fairshake Backs 32 Home Candidates As Crypto Election Spending Ramps Up

Fairshake Backs 32 Home Candidates As Crypto Election Spending Ramps Up

TL;DR Fairshake has named 32 U.S. House candidates it plans to support ahead of the November midterms. Six races are receiving $1 million in outside spending each, for an initial disclosed commitment of $6 million. The slate is bipartisan, with 19 Republicans and 13 Democrats, and the money is spent independently rather than handed directly…