Crypto & Web3

Stack and Story dominated coverage of crypto markets this week, tracking Bitcoin ETF flows in granular detail. The newsletter reported ETF outflows near $1B as the BTC rally faded, noted Bitcoin ETFs erasing October gains in a single day, and described a third week of ETFs hiding a thin gain alongside a $134M 'Uptober' open characterized as thin. Stack and Story also covered Thailand capping crypto ETFs at BTC and ETH, Tether freezing $2.76M while keeping the yield, and Binance outflows hitting a 3-year high.

Bankless focused on Ethereum and broader onchain infrastructure topics. It covered Derive V3 going live and moving onchain options custody to Ethereum, bigger blocks coming to Ethereum, and Starknet weighing a shift to becoming an L1 to chase quantum resistance. Bankless also addressed quantum-related security questions through Quantus taking aim at Bitcoin's quantum problem, reported on Vitalik flagging AI risk to crypto and warning against rushed wallet moves, and covered Bitwise pitching NEAR to Wall Street as an AI bet.

Other newsletters touched on stablecoins, exchange valuations, and industry infrastructure. Connecting the Dots in FinTech covered Samsung putting stablecoins inside 82M Galaxy devices, while Banking Dive Newsletter covered why Fiserv pivoted on FIUSD. Payments Wrap Up reported OKX locking in a $25bn valuation with fresh investments from Circle, QRT, Ripple, and Standard Chartered. American Banker Fintech covered the path from retail payments to blockchain, and Fintech Radar's issue #178 touched on Stripe doubling down on SMB credit, Visa and Mastercard backing a stablecoin, and Robinhood letting agents trade.

Fintech Business Weekly covered security implications tied to crypto, specifically how Revolut's data breach puts crypto whales' lives in danger. Across the newsletters, coverage spanned market performance, infrastructure upgrades, regulatory caps, security risks, and corporate investment in crypto and stablecoin products.