For institutional traders, Binance now accepts BlackRock's BUIDL as collateral
BUIDL, BlackRock's 2024 tokenized Treasuries fund, was integrated as real-world asset tokenization accelerates.
As funds, Treasuries, commodities, and private credit come onchain, investors seek possibilities that combine onchain and traditional product features.
Support for BUIDL as institutional off-exchange collateral boosts this growing tendency. Qualified traders can unleash capital efficiency while taking advantage of asset tokenization.
Besides trading collateral, BUIDL is deploying on BNB Chain, Binance's public blockchain network.
BNB Chain now offers the tokenized fund as a share class, expanding access from Ethereum, Solana, Arbitrum, Aptos, and Avalanche.
BUIDL offers qualifying investors daily U.S. dollar dividends and is worth over $2.5 billion.
Death cross for XRP—how low can it go?
Crypto.news reported that XRP fell 7% in 24 hours to $2.27 before recovering to $2.32 at press time. Altocin is 36% below its mid-July peak of $3.65.
After Bitcoin fell below $97,000, a level it hadn't touched since May, XRP fell as part of a broader crypto market decline. After the government concluded one of the longest shutdowns in history, U.S. Treasury yields rose, lowering investor interest for XRP.
Investors shift funds from riskier assets like cryptocurrencies like Ripple's XRP to government bonds when yields climb.
XRP's losses today may have been caused by derivative traders. CoinGlass data indicates futures market open interest at $3.63 billion, down from $8.36 billion on Oct. 10.
Open interest declines typically indicate traders are closing positions and leaving the market, which can indicate a weakening trend.
Additionally, the long/short ratio below 1 at 0.88 shows that more traders expect the coin to fall further. Such a pessimistic slant may have influenced spot market sentiment.
China claims the U.S. seized LuBian's 127,000 Bitcoin, but who owns it?
CVERC accused the U.S. government of stealing approximately 127,000 bitcoins from the LuBian mining pool in 2020, as reported by Global Times and PANews.
Bitcoins cost roughly $13.1 billion at current prices, dwarfing the March 2025 Bybit $1.5 billion robbery. In December 2020, the stolen BTC cost approximately $3.5 billion, more than in a record Bybit breach.
The cash were held on attacker addresses for four years before being transferred to U.S. addresses in June 2024. PANews says it's typical of state-backed heists. Chinese media Global Times said CVERC dubbed the case a typical thief dispute. The U.S. allegedly stole the funds in 2020.
Arkham Intelligence identified the intrusion in August 2025. Additionally, the “stolen” assets were found in U.S. government-controlled BTC wallets. CVERC was the first to declare that LuBian properly mined these bitcoins and U.S.-backed hackers took them.
