The five crypto stories that matter to banks and funds, explained in plain English in three minutes.
The dailycrypto brief
Today's five stories
NYSE picks Avalanche and PNC lets firms get paid in USDC
- NYSE picks a blockchain to settle 24/7 share trades
- PNC tests USDC payments for its business clients
- EU asks firms to help write tokenisation standards
- Binance hackers use homemade coins to hide funds
- Solana plans to scrap a feature used in a $270m hack
- 24/7
NYSE picks Avalanche to settle trades on its 24/7 token platform
Infrastructure
Ava Labs, NYSE - 1:1
PNC lets business clients get paid in USDC through Coinbase
Stablecoins
The Block - 27 Nov
EU gives firms until 27 November to join tokenisation standards group
Regulation
ESMA - $43.7m
Binance hackers use six homemade coins to hide stolen funds
Custody
Elliptic, The Block - May 2027
Solana plans to scrap the feature used in Drift's $270m hack
Custody
Solana Foundation (GitHub), Solana Foundation
Who it's for
Most crypto news is written for traders. This is for the people who have to explain it at work: the compliance lead, the fund allocator, the banker who just got asked about stablecoins.
5
stories a day, picked for people who work with institutions, not for traders.
3 min
to read the lot. Each story opens with why it matters, then the facts.
Drafted with AI from public sources and checked against them before it goes live. See how.