Daily Brief · October 5, 2026
Smart account protocol Safe reports $10 million in annualized revenue as institutional adoption expands, while S&P Global Ratings debuts a risk assessment framework for the $10 billion onchain…
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Safe Reports $10 Million Annualized Revenue, Eyes 2026 Breakeven
Smart account protocol Safe posted over $10 million in annualized revenue, up from $2 million in late 2024, without relying on token subsidies.
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S&P Global Ratings Launches Vault Risk Assessments for Onchain Lending
S&P Global Ratings introduced its Vault Risk Assessment model to evaluate onchain lending vehicles across six risk categories.
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Plume Debuts nBND Vault Backed by Fidelity's Total Bond ETF
Plume launched the nBND vault to offer onchain exposure to Fidelity's actively managed FBND fund. The vehicle extends tokenized fixed income beyond short-term Treasuries, following a surge in the tokenized U.S.
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Payward Integrates Singapore Gulf Bank for 24/7 Settlement
Kraken's parent company, Payward, integrated SGB Net to provide continuous, real-time US dollar settlement for institutional accounts.
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Russian Finance Ministry Pays Staff Salaries in Digital Rubles
Several Russian Ministry of Finance employees received their salaries in digital rubles on Oct. 1, 2026. The move marks an expansion of the central bank digital currency into the state budget process following a broad…
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Federal Register Lists Proposal to Ban A7 Network Sub-Agent Transmittals
The Federal Register listed a proposal of a special measure regarding the A7 network's sub-agents. The measure proposes prohibiting the transmittal of funds for transactions involving those designated intermediaries.
The numbers
Bitcoin trades at $86,110, up 1.0% over the last 24 hours, while Ether is up 0.5% at $2,717, and the total crypto market capitalization stands at $2.90 trillion.
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