Crypto News Today: Strategy Dividends, Coinbase Incident, Tokenization
Strategy shareholders approved daily dividend payments for four preferred securities with 99.3% of votes in favor. The change applies to STRF, STRC, STRK and STRD, replacing semimonthly or quarterly schedules with business-day payments. Dividends will accrue during weekends and holidays, while annual rates remain between 8% and 12%. STRC is expected to begin daily distributions on Nov. 2, followed by the other securities on Jan. 4, 2027.
Coinbase disclosed that contact information belonging to a small subset of customers was exposed through third-party analytics provider Amplitude. The exchange said its own systems were not breached and that customer funds were unaffected. The incident came as South Korea’s Bithumb investigated a possible breach of an internal work platform and Daishin Securities reported a leak affecting 38,490 customers.
Robinhood CEO Vlad Tenev warned that regulatory uncertainty in the United States could discourage companies and investors from moving substantial assets into tokenized markets. His comments highlighted the gap between growing institutional interest in blockchain-based assets and the evolving regulatory framework governing their use.
Strategy’s move follows Strive, which introduced daily dividends for its SATA preferred stock in June and raised $630 million through a 15% annual-dividend SATS offering. Strategy remains the largest corporate Bitcoin holder at 848,517 BTC, compared with Strive’s 43,000 BTC. The accompanying market snapshot listed Bitcoin at $81,331.12, up 0.55%, while SOL traded at $102.41 and BNB at $759.65.
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