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Morning edition · October 29, 2026

Fed Holds Rates at 3.75%-4%, Singapore Police Flag Tampered Ledgers

The Federal Reserve paused interest rate hikes in a split decision, while Singapore authorities warned of hardware wallet exploits.

  1. 1

    Fed Freezes Rates in 10-2 Vote as Bitcoin Holds Near $81,000

    The Federal Open Market Committee kept the federal funds rate at 3.75% to 4%, with two policymakers dissenting in favor of a hike [4]. CME FedWatch data shows an 82.6% probability for a rate increase at the Dec. 8-9 meeting [4].

  2. 2

    Singapore Police Report $3.5 Million Stolen via Tampered Ledger Wallets

    The Singapore Police Force identified at least two instances where modified Ledger hardware devices captured private keys [2]. The malicious components were found inside wallets purchased at local retail stores [2].

  3. 3

    Moody's Assigns A2 Deposit Rating to Ripple's RLUSD Stablecoin

    Moody's granted an A2 long-term deposit rating to Ripple's RLUSD, citing the stablecoin's 103% reserve backing in cash and short-term Treasuries [6].

  4. 4

    Westpac to Cap Monthly Crypto Exchange Payments at A$10,000

    Starting in December, Westpac will enforce a strict A$10,000 monthly limit on customer payments to digital asset exchanges [1]. The bank will not offer account exemptions, though inward withdrawals remain unaffected [1].

  5. 5

    CoinShares Lists Physically Backed Zcash ETP on Euronext Paris

    CoinShares debuted a $ZEC exchange-traded product on Oct. 28, offering regulated European exposure with a 1.50% annual fee [9]. The ETP trades in euros and is backed entirely by physical assets [9].

  6. 6

    Birch Hill Secures $4 Million Seed Round for Onchain Private Credit

    Multicoin Capital led a $4 million investment into Birch Hill, bringing the firm's total funding to $6.5 million [7]. The company filed a FINRA broker-dealer application to distribute private credit to accredited investors [7].

Numbers

$BTC trades at $80,183, down 1.5%, while total market capitalization sits at $2.64 trillion.

Watch

The Dec. 8-9 FOMC policy decision, where rate hike odds exceed 82%. · Findings from the ongoing Singapore Police Force investigation into tampered Ledger wallets. · The outcome of Birch Hill's pending FINRA broker-dealer membership application.

Full text

The Federal Reserve paused interest rate hikes in a split decision, while Singapore authorities warned of retail hardware wallet exploits.

  1. Fed Freezes Rates in 10-2 Vote as Bitcoin Holds Near $81,000 The Federal Open Market Committee kept the federal funds rate at 3.75% to 4%, with two policymakers dissenting in favor of a hike. CME FedWatch data shows an 82.6% probability for a rate increase at the Dec. 8-9 meeting.

  2. Singapore Police Report $3.5 Million Stolen via Tampered Ledger Wallets The Singapore Police Force identified at least two instances where modified Ledger hardware devices captured private keys. The malicious components were found inside wallets purchased at local retail stores.

  3. Moody's Assigns A2 Deposit Rating to Ripple's RLUSD Stablecoin Moody's granted an A2 long-term deposit rating to Ripple's RLUSD, citing the stablecoin's 103% reserve backing in cash and short-term Treasuries.

  4. Westpac to Cap Monthly Crypto Exchange Payments at A$10,000 Starting in December, Westpac will enforce a strict A$10,000 monthly limit on customer payments to digital asset exchanges. The bank will not offer account exemptions, though inward withdrawals remain unaffected.

  5. CoinShares Lists Physically Backed Zcash ETP on Euronext Paris CoinShares debuted a $ZEC exchange-traded product on Oct. 28, offering regulated European exposure with a 1.50% annual fee. The ETP trades in euros and is backed entirely by physical assets.

  6. Birch Hill Secures $4 Million Seed Round for Onchain Private Credit Multicoin Capital led a $4 million investment into Birch Hill, bringing the firm's total funding to $6.5 million. The company filed a FINRA broker-dealer application to distribute private credit to accredited investors.

Numbers $BTC trades at $80,183, down 1.5%, while total market capitalization sits at $2.64 trillion.

Watch

  • The Dec. 8-9 FOMC policy decision, where rate hike odds exceed 82%.
  • Findings from the ongoing Singapore Police Force investigation into tampered Ledger wallets.
  • The outcome of Birch Hill's pending FINRA broker-dealer membership application.

Basis Desk Newsroom · AI-generated, source-verified. Built only from stories already verified and published on Basis Desk; market figures as of publication. Not financial advice.