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TL;DR Polymath and Chicago-based CineCity Studios are exploring a platform for financing independent film through regulated digital securities. Polymath would provide issuance, investor onboarding, compliance and lifecycle infrastructure, while CineCity contributes production-industry access. The platform is being explored; it is not yet a launched investment marketplace. Real-world asset tokenization is moving into a category that rarely appears beside Treasury bills and private credit: film production. Polymath and CineCity Studios announced on October 1 that they will explore a tokenized film-investment platform designed to connect independent productions with investors through regulated digital securities. The idea attacks a genuine financing problem. Independent…
A month out from the election, and polling (and recent headlines) suggest that Democrats are currently on the upswing. A consensus poll on the site 270towin suggests that Democrats will flip the House of Representatives, but that it’s hard to tell where the Senate may land.For what it’s worth, as of 5:00 p.m. ET on Friday, bettors on prediction market provider Kalshi suggest Democrats will flip the House and the Senate. Ditto on Polymarket.Just to briefly lay out the stakes of the election: The makeup of the next Congress will shape how regulators are overseen, whether we get any further…
Galaxy studied 2.9 million human-paced Polymarket accounts and found that losses dominated. Interestingly, sports specialists performed worst among major categories. Most retail traders on Polymarket lose money. A Galaxy Research study of 2.9 million human-paced accounts found that more than 69% finished below break-even. The group recorded aggregate losses of $338.9 million. The research used Polymarket’s full on-chain history, covering positions, entry prices, holding periods, as well as payouts. Galaxy excluded 125,429 accounts that averaged more than 50 orders per active trading day, treating them as likely automated. These accounts made up just 4.1% of wallets but accounted for 80.8%…
A lot of people know little about Bitcoin and how it works. But despite knowledge being shallow, for those holding the leading cryptocurrency, it appears to be solving a problem: getting around failing banking rails or inflation. That’s according to new findings from the U.S. Ivy League research university Cornell, which spoke to nearly 26,000 around the globe about Bitcoin. In its new Bitcoin Adoption Index report, the top college found that El Salvador, Venezuela and Nigeria were the countries that had the highest number of people who had ever owned bitcoin. “Ranked by the share of all respondents who…
The International Monetary Fund has praised El Salvador for improving its economy — but scolded it at the same time for its ongoing Bitcoin experiment. In a statement Friday, the IMF said that it had approved a $139 million disbursement to the Central American nation while also trying to “reduce the state’s involvement in Bitcoin-related activities.” El Salvador in 2021 made Bitcoin legal tender, much to the ire of the IMF and other major institutions. The Latin American country was at the time negotiating a development loan with the agency. The IMF in September said that El Salvador wasn’t buying…
CryptoDirectories Press introduces a free AI-powered tool that helps businesses, startups, marketers, and crypto projects create professional press releases from their announcement details NEW YORK, NY, UNITED STATES – October 4, 2026 – CryptoDirectories Press announced today the availability of its free AI press release generator, giving businesses and organizations a simple way to create professional press releases without starting from a blank document or paying a writer for every announcement. The new tool is designed for businesses that need to turn company news into a structured crypto press release that can be reviewed, edited, approved, and prepared for publication.…
XRP is beginning to support live dollar borrowing on Ethereum, though the market remains heavily concentrated among a handful of borrowers.A Morpho market backed by FXRP, a tokenized representation of XRP, had about 7.18 million RLUSD in outstanding loans against 10.76 million FXRP as of Oct. 1. The three largest addresses accounted for almost all of that debt, limiting how far the activity can be read as broad adoption.The market, launched in August through Flare, lets XRP holders mint FXRP, move it to Ethereum, and borrow Ripple’s RLUSD stablecoin without immediately selling their XRP exposure.That adds a new credit use…
According to the 760-page proposal, the SEC will allow for self-custody by advisers seeking to hold their clients’ funds. The agency is using the term “self-custody” as an asset management firm practice, not how crypto companies typically use the term. It would first require that an adviser can’t find a qualified custodian ready to take the assets, which would likely be an unusual circumstance after the rule is implemented, and it also requires certain expertise for the investment firm to hold crypto assets. Additionally, that ability to hold their own clients assets would have to be reviewed every quarter to…
Bitcoin miners already have the power, the land, and the substations that AI needs. Frank Holmes, executive chairman of HIVE Digital Technologies, explains why he calls Bitcoin mining a “tier one” data center, how GPUs that once mined Ethereum led HIVE into AI, and why he thinks the next wave of AI factories will be built on mining infrastructure from Paraguay to Canada. Chapters:0:00 Frank Holmes on HIVE: From Gold Investor to Bitcoin Miner to AI Compute2:12 How ETFs Changed Bitcoin: From the Fear Trade to the Love Trade4:20 The Binance $19 Billion Liquidation and the $350 Trillion Money Supply5:45…
Evernorth is set to become a publicly traded XRP treasury company after shareholders of blank-check firm Armada Acquisition Corp. II approved their proposed business combination.The deal is expected to close on Oct. 7, with shares of the combined company set to begin trading on Nasdaq under the ticker XRPN the following day, subject to remaining closing conditions.The vote clears a key hurdle after Evernorth filed its Form S-4 registration statement with the US Securities and Exchange Commission in March. The registration statement was declared effective in August, leaving shareholder approval as one of the remaining steps before the Nasdaq listing.At…