Samsung Wallet Will Add Solana USDC Payments for 82 Million US Galaxy Phones
Plus: US Government Wallets Move Bitcoin, Vitalik Buterin Urges Calm on Signatures
Good Morning Lions,
Samsung is putting stablecoin payments inside a wallet normies already carry in their pocket, and I think that does more for real adoption than any ETF flow this week. Distribution wins. BUT, the Ethereum funds are still leaking and Uncle Sam just shipped bitcoin to Coinbase Prime, so the near-term risk on price leans lower for now.
Samsung Wallet Adds Solana USDC Payments
TL;DR: Samsung Wallet will add USDC cross-border payments running on Solana for 82 million U.S. Galaxy devices, according to a Solana Foundation announcement reported by U.Today. The rollout is scheduled for the last week of October 2026.
US Government Wallets Move Bitcoin
TL;DR: Wallets labeled as belonging to the US government moved 9,261 BTC, worth about $770 million, to Coinbase Prime, according to Galaxy Research as reported by Cointelegraph. Galaxy said 2,456 BTC of that amount came from previously unknown holdings that may represent new seizures.
Vitalik Buterin Urges Calm on Signatures
TL;DR: Ethereum co-founder Vitalik Buterin said on Oct. 7 that AI-accelerated math could weaken crypto signatures and some post-quantum schemes. He warned holders against rushing their funds into new wallets in response to the concern.
BlackRock ETHA Leads Ethereum ETF Outflows
TL;DR: Investors pulled $116.05 million from BlackRock's iShares Ethereum Trust on October 7, Crypto Briefing reported. ETHA led $160.9 million in total outflows from US spot Ethereum ETFs, marking a second straight day of withdrawals.
Spot XRP ETF Inflows Slow
TL;DR: Five US spot XRP ETFs held an estimated $1.7 billion at the Oct. 6 close, according to Maketo data. Weekly net inflows came to only about $3.9 million as the Franklin and Canary funds recorded outflows.
IMF Measures Tokenized Repo Volume
TL;DR: The IMF's Global Financial Stability Report puts tokenized repo volume at $300 billion to $350 billion a day, as reported by Crypto Briefing. The fund warns the market is still small and fragmented and needs clearer laws.
Rein Security Raises Series A Round
TL;DR: Rein Security, a cybersecurity startup based in New York and Tel Aviv, raised a $25 million Series A co-led by Glilot Capital and Sienna Venture Capital. Its platform monitors AI agents at runtime, watching them as they execute.
Galaxy still hasn't pinned down where those 2,456 BTC of unknown holdings came from. If they turn out to be new seizures, the US government holds more bitcoin than anyone was counting. 🦁 — Khal
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More crypto news, daily, at news.leodex.io. The Daily LEO · Written by the LEO Team, Edited by Khal.