Crypto Investment Products See Major Inflows Ahead of US Election

**Coinbase has received official approval from the U.S. Office of the Comptroller of the Currency (OCC) to operate as a national trust bank.** This regulatory milestone represents a significant step in bridging cryptocurrency services with traditional banking infrastructure. **Key implications:** - Joins Ripple and Fidelity as crypto firms with federal banking charters - Could strengthen institutional confidence in cryptocurrency platforms - May accelerate mainstream adoption by traditional financial institutions The trust bank designation allows Coinbase to offer custody and fiduciary services under federal banking regulations, positioning the exchange at the intersection of crypto and conventional finance.

**Solana-based perpetuals DEX Drift Protocol has been exploited**, resulting in losses exceeding $200 million. The security breach represents a significant incident in the DeFi space, affecting a substantial amount of user funds on the platform. **Key Details:** - Platform affected: Drift Protocol (Solana-based perpetuals exchange) - Estimated losses: More than $200 million - Type of incident: Security exploit The situation is still developing as the protocol and community assess the full impact of the breach.

**United Stables ($U)** is now available through Bridgers, offering a new approach to stablecoin liquidity. **What is $U?** - A USD-pegged stablecoin that consolidates fragmented liquidity from USDT, USDC, and other stablecoins - Functions as a unified liquidity layer instead of isolated pools - Designed to reduce slippage and improve capital efficiency across chains **Integration Details** - $U on BSC can now be routed through Bridgers' platform - Users need only a single authorization for cross-chain transfers - Execution is non-custodial, powered by smart contracts The integration aims to streamline cross-chain stablecoin movement by aggregating reserves into one system. [Try it now](http://dapp.bridgers.xyz)

Bridgers has expanded its cross-chain routing capacity, now supporting transactions of nearly 2 BTC per swap. **Key Features:** - Non-custodial execution with smart contract-powered routing - Aggregated liquidity across multiple blockchain ecosystems - Support for over 400 cryptocurrencies including BTC, XMR, and various tokens - Users maintain control by authorizing transactions from their own wallets The platform continues to add new token support, recently integrating BPRM (BASE), XMR, and various chain-specific assets. Bridgers focuses on optimizing execution paths by aggregating liquidity across different ecosystems. Access the platform at [dapp.bridgers.xyz](http://dapp.bridgers.xyz)

**Bridgers now supports BTC cross-chain transfers**, allowing users to move Bitcoin between different blockchain networks. **How it works:** - Connect your wallet to [Bridgers dApp](http://dapp.bridgers.xyz) - Select your transfer route - Set the amount - Authorize the transaction The platform operates in the background to facilitate Bitcoin transfers across chains. Bridgers aggregates liquidity across multiple ecosystems to calculate optimal execution paths for cross-chain transactions, eliminating the need for multiple protocols.