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Reading: UTB Weekly News Roundup (OCT 6th – OCT 10th, 2025)
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Crypto News

UTB Weekly News Roundup (OCT 6th – OCT 10th, 2025)

Last updated: October 10, 2025 10:10 am
Published: 4 months ago
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Stay in the loop with our weekly crypto digest as we get you up to speed on the hottest trends and events in the crypto space.

Here’s what happened in crypto this week:

Samsung has partnered with Coinbase to bring crypto access to 75 million Galaxy device users via Samsung Wallet, enabling seamless purchases in the US and Canada.

This integration enables Galaxy users to purchase Bitcoin and other cryptocurrencies directly through the Coinbase platform using Samsung Pay, streamlining the process and bypassing traditional banking hurdles.

With 75 million users in scope, this move could normalize crypto transactions for a vast audience, building on earlier integrations, such as Samsung Pay support in the Coinbase app, which was introduced in July 2025.

Galaxy Digital has launched the GalaxyOne financial platform for retail investors in the United States. It combines cryptocurrency trading, stock trading, and high-yield fiat deposits.

Accredited clients can earn an 8% APY through Galaxy Premium Yield investment notes. The minimum investment is $25,000, with a maximum of $1 million.

Other users can access a 4% annual return on GalaxyOne Cash deposits. Deposits are insured by the FDIC up to $250,000, with banking services provided by Cross River Bank.

GalaxyOne is built on the Fierce platform, which Galaxy Digital acquired in 2024. The new product is led by Zac Prince, Managing Director of Galaxy and co-founder of Fierce.

Grayscale launches the first spot staking crypto ETPs in the US for Ethereum and Solana. This means investors can now earn staking rewards directly through exchange-traded products, a significant step for mainstream crypto adoption.

By introducing the Grayscale Ethereum Trust ETF (ETHE), Ethereum Mini Trust ETF (ETH), and Solana Trust (GSOL), the firm has created a bridge between traditional finance and blockchain networks, offering investors exposure to Ethereum and Solana while enabling protocol-based staking rewards.

This innovation was made possible by recent SEC guidance, which highlights the maturation of the crypto asset class and its growing institutional appeal.

Grass, a DePIN project focused on decentralized internet data verification, has secured a $10 million bridge round led by Polychain and Tribe Capital, signaling strong investor confidence in its AI and blockchain integration.

This bridge round marks another milestone for Grass under Wynd Network, building on prior seed funding of $3.5 million in 2023 from the same lead investors.

Notably, Grass’s model rewards users for sharing idle internet resources, aligning with the DePIN narrative of decentralizing physical infrastructure and potentially positioning it as a key player in unbiased AI data training.

New York Stock Exchange owner Intercontinental Exchange (ICE) announced that it is investing up to $2 billion in cash in Polymarket, a deal valuing the crypto-based prediction marketplace at approximately $8 billion.

Polymarket CEO Shayne Coplan called the partnership a move that “marks a major step in bringing prediction markets into the financial mainstream.”

ICE said it would also distribute Polymarket’s event-driven data, “providing customers with sentiment indicators on topics of market relevance,” and will partner with the prediction market on tokenization initiatives.

Polymarket contracts aren’t currently available in the US after federal regulators blocked them from taking on US-based traders three years ago. The company, however, is reportedly in the middle of a comeback in the US after the Commodity and Futures Trading Commission and Justice Department ended a probe into it without filing charges.

Gemini has launched an Australian arm, marking a strategic move to tap into the growing cryptocurrency market in the country. This expansion signals their focus on global reach amid evolving regulations.

Gemini’s Australian launch aligns with increasing regional interest in crypto, evidenced by recent Bitcoin ETF launches on Australia’s main stock exchange.

However, Australia’s tightening crypto regulations, including anti-money laundering efforts, pose challenges. Gemini must adapt to local compliance demands while leveraging its global experience to build trust and user adoption in this space.

So that’s it for this week!

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