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The House Oversight Committee has dropped its subpoena for former FBI Director James Comey, after he said he had no knowledge relevant to the panel’s investigation into Jeffrey Epstein, The Hill reported, citing a letter Comey sent to the committee.

In the Oct. 1 letter sent to Committee Chair James Comer, R-Ky, Comey said he had no ‘knowledge’ or ‘information relevant to the Committee’s investigation’ into the late pedophile.

Comey was slated to sit for a deposition on Tuesday before the committee that is examining Epstein’s contacts and potential government ties dating back to the 1990s. 

‘I offer this letter in lieu of a deposition that would unproductively consume the Committee’s scarce time and resources,’ Comey wrote.

Comey served as deputy attorney general from 2003 to 2005 and later as FBI director from 2013 to 2017 — two periods now under scrutiny by House Republicans seeking answers about Epstein’s federal connections.

‘At no time during my service at the Department of Justice or the FBI do I recall any information or conversations that related to Jeffrey Epstein or Ghislaine Maxwell,’ Comey wrote.

Because the letter was submitted under penalty of law — making any false statements a potential federal crime — Comer accepted Comey’s response and withdrew the subpoena.

Fox News Digital has reached out to the Oversight Committee for a copy of Comey’s letter and confirmation of the subpoena’s withdrawal.

The late pedophile Epstein committed suicide in 2019 while awaiting prosecution on federal sex trafficking charges, though questions continue to swirl about the circumstances surrounding his death.

Comer issued a wave of subpoenas in August tied to the Jeffrey Epstein investigation — including to Comey and former President Bill Clinton and former Secretary of State Hillary Clinton.

Comer also subpoenaed the Justice Department for records related to Epstein’s case.

Others ordered to appear include former FBI Director Robert Mueller and former Attorneys General Loretta Lynch, Eric Holder, William Barr, Jeff Sessions and Alberto Gonzales.

Holder and Attorney General Merrick Garland sent letters similar to Comey’s, denying any knowledge of Epstein and prompting Comer to withdraw those subpoenas as well, per The Hill.

It’s unclear if sessions for the Clintons will proceed.

The committee’s work comes amid growing partisan tension over how to handle the Epstein investigation, and the GOP base has fractured over the current administration’s handling of the case.

Top Republicans, including President Donald Trump and Speaker Mike Johnson, R-La., support continuing the Oversight inquiry as the fastest route to uncover new information. Comer has already released thousands of pages of subpoenaed documents from the Justice Department and Epstein’s estate.

Critics, however, accuse the GOP of shielding certain figures by selectively releasing records. Several lawmakers are instead pushing legislation to declassify all government files related to Epstein and Maxwell — a move endorsed by multiple Epstein victims.

Fox News’ Elizabeth Elkind contributed to this report.  

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The Senate remains deadlocked on a path to end the shutdown as it nears its second week, and Republicans’ meager support across the aisle to reopen the government may be crumbling.

Senate Majority Leader John Thune, R-S.D., needs at least eight Senate Democratic caucus members to join Republicans to reopen the government, given that Sen. Rand Paul, R-Ky., has consistently voted against the GOP’s bill.

So far, a trio of Democratic caucus members, Sens. John Fetterman, D-Pa., Catherine Cortez Masto, D-Nev., and Angus King, I-Maine, have crossed the aisle to reopen the government.

That group has joined Republicans in nearly all five attempts to reopen the government.

But, as time drags on and a deal remains out of reach, at least one is considering changing his vote.

King said ahead of the fifth vote to reopen the government on Monday that he was considering flipping his support of the GOP’s bill, and he argued that he needed ‘more specificity about addressing the problem’ of the expiring Obamacare tax credits.

‘I think this problem is urgent, and just saying, as the leader did on Friday, ‘well, we’ll have conversations about it,’ is not adequate,’ he said.

King’s possible defection comes as Republicans and Democrats engage in low-level conversations on a path out of the shutdown. Those impromptu dialogues have so far not morphed into real negotiations, however.

And the stalemate in the upper chamber has only further solidified both sides’ positions.

Senate Democrats, led by Senate Minority Leader Chuck Schumer, D-N.Y., want a firm deal in place to extend expiring Obamacare subsidies. Senate Republicans have said that they will negotiate a deal only after the government is reopened and want reforms to the program that they charge has been inflationary and further increased the cost of healthcare for Americans.

Sen. Susan Collins, R-Maine, has circulated an early plan that includes a discussion of the Affordable Care Act (ACA) subsidies that could be a way out of the shutdown, but so far, it’s in its preliminary stages.

‘It suggests that there be a conversation on the ACA extension for the premium tax credits after we reopen the government,’ she said. ‘But there will be a commitment to having that discussion.’

President Donald Trump signaled on Monday that he would be open to a deal on the subsidies, and he said that negotiations with Democrats were ongoing.

However, Schumer pushed back and called Trump’s assertion ‘not true.’ The top Senate Democrat has also shifted the onus of the shutdown, and lack of negotiations, directly onto House Speaker Mike Johnson, R-La.

‘Clearly, at this point, he is the main obstacle,’ Schumer said on the Senate floor. ‘So ending this shutdown will require Donald Trump to step in and push Speaker Johnson to negotiate.’

Meanwhile, the White House is exerting more pressure on Senate Democrats to cave and reopen the government. A new memo reported by Axios suggested that furloughed federal employees may not have to receive back pay, running counter to a law that Trump signed in 2019 that guaranteed furloughed workers would receive back pay in future shutdowns.

That comes on the heels of a memo from the Office of Management and Budget last month that signaled mass firings beyond the typical furloughs of nonessential federal workers, and it follows the withholding of nearly $30 billion in federal funds for blue cities and states.

Thune argued that ‘if you’re the executive branch of the government, you’ve got to manage a shutdown.’

‘At some point, you’re going to have to make some decisions about who gets paid, who doesn’t get paid, which agencies and departments get priorities and prioritized and which ones don’t,’ Thune said. ‘I mean, I think that’s a fairly standard practice in the event of a government shutdown. Now, hopefully that doesn’t affect back pay … but again, it’s just that simple: open up the government.’

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President Donald Trump met with Edan Alexander, who was freed in May from captivity with Hamas, on Tuesday — exactly two years after Hamas attacked Israel. 

This marks the second time Alexander, a 21-year-old American–Israeli who spent nearly 600 days as a hostage after Hamas abducted him after its initial attack on Israel, will visit the White House since his release from captivity. Alexander previously visited the White House in July. 

Alexander was raised in Tenafly, New Jersey, and headed to Israel when he was 18-years-old to volunteer for the Israel Defense Forces. He lived with his grandparents in Tel Aviv before he was taken hostage by Hamas. 

Alexander’s appearance at the White House also comes as the Trump administration has put forth a 20-point plan to end the conflict and return the 48 hostages still in captivity. The plan would require all hostages, both dead and alive, to be returned within 72 hours of Hamas signing off on the deal. It also calls for Israeli forces to withdraw its troops and for a complete disarmament of Hamas. 

Trump’s Justice Department has cracked down on Palestinian militant group Hamas, and established a new task force in March aimed at providing justice to the victims of Hamas’ Oct. 7 attack. 

Attorney General Pam Bondi said the group, known as Joint Task Force October 7, would focus on identifying, charging and prosecuting those who conducted the 2023 attacks, which took the lives of roughly 1,200 people — including 47 U.S. citizens. Hamas also took more than 250 people hostage that day, including eight U.S. citizens.

The IDF is the national military for Israel. Hamas has served as the governing body of Gaza.

Meanwhile, lawmakers on Capitol Hill have warned that antisemitic attacks are becoming more common in the U.S., in the aftermath of the ongoing conflict. Antisemitic violence reached a new high in 2024, according to the Anti-Defamation League, which recorded 9,354 antisemitic instances of harassment, assault and vandalism in the U.S. in 2024. That is a 5% increase from the 8,873 incidents recorded in 2023 and a 344% increase in the past five years.

‘The October 7 Hamas-led terrorist attack was not only a horrific assault on innocent civilians in Israel, including numerous American citizens, but it was also a wake-up call to the threats we face here at home,’ Rep. Andrew Garbarino, R-N.Y., chair of the House Homeland Security Committee, said in a Tuesday statement to Fox News Digital.

‘In the two years following this tragedy, acts of terrorism and targeted antisemitic violence are increasingly common on U.S. soil, as both foreign and domestic terrorists work to inspire lone-wolf actors,’ Garbarino said. ‘Jewish Americans continue to face intimidation and attacks simply because of their faith. This is unacceptable, and anyone who defends these calls for violence is complicit.’ 

Trump also met with Canadian Prime Minister Mark Carney Tuesday amid ongoing trade negotiations between the two countries.

Fox News’ Caitlin McFall contributed to this report. 

This post appeared first on FOX NEWS

Senate Republicans confirmed a staggering tranche of President Donald Trump’s nominees on Tuesday as the government shutdown continues.

Lawmakers voted along party lines to confirm the batch of 107 of Trump’s nominees, a move that whittled down the remaining pending nominees on the Senate’s calendar to double digits. It also came as the upper chamber was deadlocked in the midst of a government shutdown, during which floor votes have largely been dedicated to trying to reopen the government.

The slate of confirmed nominees included many of Trump’s top allies and former candidates that he hand-picked to run in previous elections.

Some of the most recognizable on the list were former Republican Senate candidate and ex-NFL star Herschel Walker, who was tapped as the U.S. Ambassador to the Bahamas, and Sergio Gor, a top advisor to Trump who he picked to be his U.S. Ambassador to India.

Other posts confirmed included a wave of senior administration officials, several prosecutors and the reappointment of Securities and Exchange Commission Chair Paul Atkins to a seat on the commission until 2031.

The vote also marked the second time that Senate Republicans have deployed the new rule change surrounding confirmations since going ‘nuclear’ on Senate rules last month.

Republicans opted to change confirmation rules to allow a simple majority of votes to advance large swathes of nominees in response to Senate Minority Leader Chuck Schumer, D-N.Y., and his caucus’ blockade of Trump’s picks that lasted nearly nine months into his presidency.

Typically, subcabinet-level nominees, particularly those with bipartisan support out of committee, are sped through the Senate either by unanimous consent or through a voice vote, two fast-track procedural moves in the upper chamber. But Senate Democrats refused to relent, and Republicans argued they forced their hand on a rules change that they believed would benefit both parties in the future.

The rule change allows for an unlimited number of nominees to be confirmed in a single batch, but includes several procedural hoops to jump through before a final confirmation vote.

Senate Republicans previously confirmed 48 of Trump’s picks last month. Among that batch were Kimberly Guilfoyle, who Trump tapped to be the U.S. ambassador to Greece, and Callista Gingrich, who was picked to be the U.S. ambassador to Switzerland.

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An expected sixth vote to reopen the government didn’t come to fruition on Tuesday, but lawmakers face a new wrinkle: the possibility that furloughed employees won’t be paid. 

The government shutdown marched into its seventh day with both Senate Republicans and Democrats still at odds on a path forward, and no real clear end in sight. The Senate was expected to vote on the GOP’s plan again, but no agreement could be reached to bring the bill, along with the Democrats’ counter-proposal, to the floor. 

Both sides are still entrenched in their positions, too. Senate Democrats want a firm deal on the extension of expiring ObamaCare tax credits to earn their votes to reopen the government, while Senate Republicans have promised that negotiations on the credits can happen once the government is open again.

Lawmakers failed to hold a sixth vote to reopen the government Tuesday as a new White House memo warned that furloughed workers may not get paid.

Senate Minority Leader Chuck Schumer, D-N.Y., has continued to ramp up his messaging that Americans broadly support their push, and blamed House Speaker Mike Johnson, R-La., and House Republicans for not being in session as a major roadblock to progress. 

‘Hundreds of thousands of federal workers are furloughed and thousands more are working without pay. And meanwhile, House Republicans are getting paid and not working,’ Schumer said. ‘So federal workers working and not getting paid. House Republicans paid and not working. Very bad. Very bad thing for them. Very bad picture for them.’

While lawmakers traded barbs and discussed an off-ramp on Capitol Hill, the latest memo from the White House, first reported by Axios, signaled that up to 750,000 nonessential furloughed federal workers may not be paid.

The memo adds fresh uncertainty for hundreds of thousands of federal employees caught in the political crossfire.

When asked if it was the White House’s position whether federal workers should be paid back pay, President Donald Trump said, ‘I would say it depends on who we’re talking about.’

‘I can tell you this,’ Trump said. ‘The Democrats have put a lot of people in great risk and jeopardy, but it really depends on who you’re talking about. But for the most part, we’re going to take care of our people. There are some people that really don’t deserve to be taken care of, and we’ll take care of them in a different way.’

Many lawmakers had just learned about the memo as of Tuesday afternoon. It suggested that a 2019 law signed by Trump that guaranteed back pay for furloughed workers in future shutdowns may not have to be followed.

‘I just heard that,’ Sen. Shelley Moore Capito, R-W.V., said. ‘My phones are lighting up.’

When asked if the memo hurt or helped talks, she said, ‘It could get more urgent, it also could tick a lot of people off.’

Sen. Thom Tillis, R-N.C., said that the memo was ‘probably not a good message to send right now to people who are not being paid.’

‘I’m not an attorney, but I think it’s bad strategy to even say that sort of stuff,’ Tillis said. ‘We got a lot of hard-working people there on the sidelines now because the Democrats have put them there.’

Sen. Susan Collins, R-Maine, said that she believed that issue had been settled with the 2019 law, but as a ‘back up,’ Congress could pass a bill that any ‘obligations that were incurred during the shutdown are authorized to be paid.’

And Sen. Brian Schatz, D-Hawaii, argued that regardless of the memo, the law said ‘shall.’

‘I left my law degree in the car, but ‘shall’ is relatively straightforward,’ he said. ‘I think it doesn’t matter at all, because we’re fighting for healthcare.’

The latest pressure tactic on Senate Democrats comes after the Office of Management and Budget (OMB) directed in a previous memo that mass firings could be on the horizon beyond the typical furloughs during a shutdown.

It also comes after OMB Director Russ Vought announced nearly $30 billion in federal funding was set to be withheld from blue cities and states. 

Both Johnson and Senate Majority Leader John Thune, R-S.D., wanted to see federal workers get paid, but contended that the issue would go away if Schumer and Senate Democrats reopened the government.

‘My assumption is that furloughed workers will get back pay,’ Thune said. ‘But that being said, this is very simple. Open up the government and this is a non-issue. We don’t have to have this conversation. Everybody gets paid when the government is open.’

Meanwhile, the previous tactics did little to nudge Democrats from their position, and so far, have not killed talks between either side.

But Sen. Jean Shaheen, D-N.H., who has been a key communicator for Senate Democrats in bipartisan talks, said that Vought’s actions weren’t helping matters.

‘It would be a lot easier to resolve the situation if Russ Vought would stop talking,’ Shaheen said. 

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Blue Jay Gold is an emerging Canadian explorer leveraging the brownfield advantage of proven mineralization and established infrastructure, while applying modern exploration techniques to drive growth and enhance shareholder value.

Blue Jay’s mantra is simple: “Be where the gold is.” By focusing on brownfield projects with historic production, existing infrastructure, and proven mineralization, the company reduces risk and cost while increasing discovery potential. With year-round exploration—Yukon in summer and Ontario in winter—Blue Jay delivers continuous news flow and diversified value creation.

Blue Jay’s flagship Skukum Gold Project, 55 km south of Whitehorse, Yukon, spans 170 km² and hosts an extensive network of gold- and silver-rich vein systems across four main zones: Skukum Creek, Goddell, Mt. Skukum, and Charleston. A 2022 NI 43-101 resource estimate outlined 1.59 Mt grading 8.16 g/t AuEq for 0.42 Moz indicated, and 3.02 Mt grading 5.33 g/t AuEq for 0.52 Moz inferred. Skukum Creek accounts for the majority, with 0.26 Moz AuEq indicated at 7.8 g/t and 0.31 Moz inferred at 5.7 g/t, underscoring both scale and high-grade potential.

Company Highlights

  • High-grade Resource Base: Skukum gold project in the Yukon hosts 0.42 Moz indicated at 8.2 g/t AuEq and 0.52 Moz inferred at 5.3 g/t AuEq, anchored by multiple high-grade gold and silver structurally controlled mineralized systems.
  • Brownfield Advantage: Historic production (~80,000 oz gold at 12 g/t from Mt. Skukum, 1986–1988) with a 50-person camp, road access and ~6 km drive development already in place.
  • District-scale Potential: 170 sq km land package traversed by more than 50 km of mineralized structures, including three primary corridors (Skukum Creek, Charleston, Goddell) and several secondary zones.
  • Ontario Growth Pipeline: The Pichette project in the Beardmore-Geraldton Greenstone Belt provides winter drilling opportunities adjacent to Equinox’s Greenstone Mine.
  • Strategic Growth Plan: Aim to test the immediate extensions to known mineralization and drill-test new target zones over the 18-24 months.
  • Experienced Leadership: Management team and board combine diverse experience in global exploration and asset maturation, and capital markets expertise, with proven track records in discovery and financing.

This Blue Jay Gold profile is part of a paid investor education campaign.*

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The third quarter of the year was pivotal for the cryptocurrency market, which saw notable price movements, regulatory progress and growing institutional adoption.

Bitcoin started the period near US$100,000 and periodically rose above US$120,000; it pulled back below US$110,000 in late September before staging a comeback to finish the month at around US$114,000.

Ether, the second largest cryptocurrency by market cap, delivered an impressive gain in Q3, climbing from about US$3,500 to over US$4,200, supported by robust on-chain activity and substantial treasury filings.

Regulatory clarity and technological advances played crucial roles in boosting market confidence and adoption.

Crypto exchange-traded funds (ETFs) gained significant traction in the third quarter after the US Securities and Exchange Commission (SEC) approved new generic listing standards for commodity-based trust shares, streamlining approvals and reducing the typical review timeline to 75 days. This move has led to the launch and pending approval of numerous crypto ETFs covering Bitcoin and Ether, as well as prominent altcoins such as Solana and XRP.

Existing Bitcoin ETFs saw US$55 billion in inflows year-to-date through Q3.

Collaborations bridging traditional and decentralized finance (DeFi), such as Chainlink’s partnership with Intercontinental Exchange (NYSE:ICE) to enhance oracle infrastructure, and PayPal Holdings’ (NASDAQ:PYPL) backing of Hyperliquid’s USDH stablecoin on PayPal and Venmo, further bolstered institutional momentum.

On a macro scale, crypto’s total market capitalization experienced periodic pullbacks in Q3, although it surpassed US$4 trillion in July. Volatility reflected conditions in both the macroeconomic and geopolitical spheres, including signals of potential US interest rate cuts amidst a softening labor market, tariff effect uncertainty and a government shutdown.

Ether outperforms Bitcoin in Q3

Early in Q3, Bitcoin showed a resurgence of bullish sentiment, driven by anticipated macroeconomic easing and institutional accumulation. Nevertheless, the quarter was marked by persistent volatility. The token underperformed relative to Ether, which surged 70.7 percent for the quarter, compared to Bitcoin’s 6.39 percent increase.

A rotation of capital out of Bitcoin led to a September altcoin season, with gains concentrated among smart contract platforms and financial sector tokens like Avalanche, Binance Coin, Chainlink and Solana.

DeFi growth continued robustly, with total value locked exceeding US$164 billion at quarter’s end, driven by Ethereum Layer 2 scaling solutions and real-world asset lending on platforms like Aave.

Institutional adoption grows, regulatory activity picks up

Critical regulatory milestones brought a further sense of clarity to the crypto industry, most notably the passing of the GENIUS Act in the US, which provided the first comprehensive federal framework for stablecoins.

Additionally, the SEC advanced its Project Crypto blueprint, proposing clear token classifications, and the Commodity Futures Trading Commission (CFTC) actively engaged in discussions on spot crypto trading rules. Ongoing dialogues and regulatory guidance around crypto trading rules remain in focus, but there is clearly more to be done.

“The biggest question is, can we have a global standard of regulation for trading on decentralized exchanges and for trading tokenized products, so that an institutional investor in Europe can trade with an institutional investor in the US and in Japan, and not worry about each other’s regulations getting in the way?”

Internationally, regulatory frameworks for stablecoins have progressed, with legislative advances in South Korea, the EU, Japan, the United Arab Emirates, Hong Kong and Singapore.

Stablecoin market competition

The stablecoin sector saw net inflows exceeding US$46 billion in Q3.

The market recorded a transfer volume of US$15.6 trillion, the most active period since 2021, although 71 percent of these transfers were driven by high-frequency trading bots.

Inflows were led by Tether’s USDT and Circle Internet Group’s (NYSE:CRCL) USDC, but revenue-sharing incentives among exchanges exemplified the rising competition in crypto markets to attract and retain liquidity.

Hyperliquid’s debut of its native stablecoin, USDH, symbolizes this trend. USDH is designed to capture value in the Hyperliquid ecosystem, reducing reliance on external stablecoins.

The market also saw Avalanche gain momentum as a broader DeFi ecosystem, providing strong infrastructure and liquidity for multiple decentralized applications and stablecoin projects.

Stablecoins’ increasing role as a yield-bearing asset, as well as a transactional tool, has prompted a nuanced regulatory discussions. Reflecting on the banking sector’s response, Gokhman stressed that stablecoins offering yield like traditional savings accounts should be regulated, but should not be prevented simply because they compete with banks.

Blockchain infrastructure and AI integration advances

Blockchain infrastructure also advanced in the third quarter, supporting more effective multi-chain portfolio diversification and improving institutional capital flows in decentralized finance.

Cross-chain liquidity aggregation protocols have emerged to enable seamless token swaps and liquidity sharing across more than 30 Layer 1 and Layer 2 blockchains.

Unlike isolated liquidity pools, these protocols simplify asset transfers and enhance market efficiency.

Building on an evolving infrastructure landscape, Franklin Templeton is developing its own multi-chain venture platform.

“We want to be out there early, testing which L1 chains make the most sense,” said Gokhman. “We’re also building infrastructure that is robust and institutional grade, the kind of quality clients expect. At that point, it becomes a question of who wants to jump into the pool with us first, but we’re already there. We can tell you the water is fine.”

Much like in traditional markets, where commodities futures trade on the CME and equities trade on the NASDAQ, in the tokenized world, Grokhman expects trading to be more granular. As ways to move assets between chains develop, it will be easier to pick venues based on where the asset has the best liquidity and execution fees.

Elsewhere, blockchain technology and artificial intelligence (AI) are becoming more tightly integrated.

A landmark collaboration between Google (NASDAQ:GOOGL) and Coinbase Global (NASDAQ:COIN) demonstrates a practical integration of AI with digital money at scale. The companies’ open-source Agent Payments Protocol, which allows AI applications to communicate, send and receive payments using stablecoins, has gained broad industry commitment, evidenced by support from over 60 tech and financial partners, including the Ethereum Foundation, American Express (NYSE:AXP) and Salesforce (NYSE:CRM).

Crypto market forecast for Q4

Looking ahead to the fourth quarter, critical catalysts for the cryptocurrency sector include expected SEC and CFTC finalizations on token classifications and spot trading rules. New crypto ETFs and Cboe Global Markets’ forthcoming long-dated Bitcoin and Ether futures will broaden market access and further improve liquidity.

Macroeconomic factors such as potential interest rate cuts from the US Federal Reserve could boost risk appetite and capital inflows; however, ongoing geopolitical and macro uncertainty call for careful risk management. The US government shutdown adds another layer of uncertainty, although markets have largely shrugged it off so far.

Technological highlights include Ethereum’s Fusaka hard fork in December, which promises better scalability and efficiency, alongside growth in L2 solutions and real-world asset lending in DeFi.

As Gokhman noted, tokenization of previously inaccessible assets will deepen diversification opportunities for large investors, with early adopters paving the way for broader institutional entries.

“I think that’s going to be something we see in the next several quarters. We’re going to see some of those larger players dip their toe in, and then all the others will be more comfortable jumping into the water as well.”

Securities Disclosure: I, Meagen Seatter, hold no direct investment interest in any company mentioned in this article.

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In a major step toward mainstream blockchain adoption, XION, a consumer-centric Layer-1 blockchain, has announced a strategic integration with Fireblocks, a digital asset infrastructure provider trusted by over 2,000 institutions, including BNY Mellon (NYSE:BK), Galaxy Digital (NASDAQ:GLXY) and Revolut.

While blockchain technology is designed to be transparent in terms of transaction records, the underlying technology and processes can seem obscure, complicated and hidden behind technical jargon.

XION is a Layer-1 blockchain built to eliminate these barriers. Unlike many blockchains that require users to manage complicated wallets, XION offers familiar structures like social logins and credit card payments instead of cryptic blockchain jargon, making it easier for people and companies to adopt the technology naturally.

For its part, Fireblocks provides secure custody and settlement infrastructure used by thousands of institutions worldwide. Its platform helps businesses meet compliance and security standards.

To Anzalone, this integration represents a practical step toward making blockchain more mainstream.

“For the past four years, I’ve been trying to say, let’s make crypto usable,” he explained, adding that XION found that most Web2 companies don’t expose users to traditional blockchain elements.

The Fireblocks collaboration creates an app-like onboarding experience by integrating Fireblocks’ custody platform with XION’s walletless, gasless blockchain. This eliminates complex setups, seed phrases and volatile fees, enabling companies to scale blockchain programs without being bogged down in technical complexity or regulatory risks.

“You shouldn’t have to know what a wallet is … For us, we’re trying to meet the mainstream people where they are, not confuse them with jargon, and not make them learn new words that they don’t need to (learn),’ Anzalone said.

He also emphasized the implications for the blockchain industry beyond the focus on decentralized finance, noting that XION and Fireblocks are targeting everyday consumers and enterprise uses such as payments, loyalty programs, gaming and tokenization. This integration positions both companies uniquely in the competitive landscape, offering a compliant solution that merges traditional financial security with next-generation blockchain capabilities.

Looking ahead, Anzalone expressed optimism about the future of blockchain adoption, pointing to innovations like walletless blockchains and zero-knowledge proof technologies as key accelerators.

“I think that speed is everything. People don’t want to wait even three seconds for anything to come online. And we’re trying to make that as fast as possible and trying to verify information as quickly as possible,” he said.

For Anzalone, achieving this level of performance is only the first step; the ultimate challenge moving forward lies in translating that technical efficiency into genuine, widespread utility.

“I think that actually providing use cases to crypto is going to be that thing that scales it. I think that the real, actual use case of crypto is yet to be found. And I think that catalyst of growth really comes from developing something different, but you need to abstract all crypto complexities away in order to actually find that,’ he said.

Securities Disclosure: I, Meagen Seatter, hold no direct investment interest in any company mentioned in this article.

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Providence Gold Mines (TSXV:PHD,OTC:PRRVF) gives investors a unique chance to participate in a fully permitted California gold project with near-term exploration upside and a clear path to production. Backed by a strong geological setting, lean capital structure, and experienced leadership, Providence is well positioned to create shareholder value in a rising gold market.

The company is advancing its flagship La Dama de Oro project, a fully permitted, turnkey gold property with the rare combination of near-term production potential and significant exploration upside.

Providence has entered into an option agreement to acquire 100 percent of the La Dama de Oro gold property, a historic mine located in California’s Silver Mountain Mining District. The project sits within the Eastern California La Dama de Oro Shear Zone, a highly prospective setting for structurally controlled, low-sulfidation epithermal gold-silver vein systems. Hosting a 6,000-foot strike vein system, open along strike and at depth, La Dama de Oro offers significant exploration upside through modern techniques. Channel sampling, soil geochemistry, and geophysics are set to commence, with an NI 43-101 technical report recently completed.

Project Highlights

  • Geology: Multi-phase quartz veining and hydrothermal alteration along the La Dama de Oro Fault, with veins up to 4.5 feet wide, open along strike.
  • Exploration stage: Early-stage exploration supported by an NI 43-101 technical report confirming strong potential, though no current resource estimate is defined.
  • Fully permitted: Turnkey project with EPA, water, and mill site permits secured, plus an approved exploration program—including bulk sampling—positioning it for rapid advancement toward production.
  • Option agreement: Providence can earn 100 percent ownership over four years by issuing 4.5 million shares and committing $770,000 in exploration expenditures.

Company Highlights

  • Fully permitted, turnkey project: La Dama de Oro gold property in California has secured EPA, water and mill site permits, enabling rapid execution toward potential production.
  • Near-term cash flow focus: Strategy to move into production rather than remain solely an explorer.
  • Scale Potential: Modern exploration potential; never been systematically drilled or scientifically evaluated.
  • Low-sulfide, simple processing: Crushing, grinding, gravity separation process; avoids more complex/expensive methods.
  • Exploration plan: Underground channel samples, soil geochemistry and geophysics to fast-track targeting.
  • Compelling geology and location: Within the Eastern California Shear Zone/San Andreas structural corridor; historical production area.
  • Tight capital structure: 63 million shares outstanding (as of October 2025) and limited debt, minimizing dilution risk for investors

This Providence Gold Mines profile is part of a paid investor education campaign.*

Click here to connect with Providence Gold Mines (TSXV:PHD) to receive an Investor Presentation

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