Cryptocurrency

3467 items in section

Cardano Breaks Trendline as Futures Interest Surges 25%

Cardano’s ADA is testing the $0.28 resistance zone after a sharp weekly rally, with on-chain data signaling that the recent price momentum is driven by new leveraged positions rather than a short squeeze. The token climbed to $0.279 on October 6, buoyed by a spike in whale activity and renewed interest.

Spiko Raises $90 Million as Tokenized Assets Reach $2.7 Billion

London and Paris-based Spiko has secured $90 million in a Series B funding round led by New Enterprise Associates. The capital infusion follows a period of rapid growth for the fintech, which now manages $2.7 billion in tokenized cash funds across more than 25 global jurisdictions.

Solana Unveils Open-Source Tool for Institutional Asset Settlement

The Solana Foundation has released an open-source delivery-versus-payment program designed to enable financial institutions to exchange tokenized assets and payments in a single atomic transaction. By automating the settlement process, the infrastructure aims to reduce timeframes from several days to mere seconds, potentially streamlining institutional operations on the blockchain.

Ondo Finance launches tokenized exposure to private AI firms

Ondo Finance has introduced Ondo Private Markets, a platform allowing eligible non-U.S. investors to trade tokenized notes linked to the valuation of private companies. The service debuts this week with a focus on an unnamed pre-IPO artificial intelligence firm, enabling 24/7 secondary market trading for token holders.

BitGo Pivots to Prime Brokerage to Drive Institutional Revenue

BitGo CEO Mike Belshe is steering the crypto custodian toward an ambitious future where prime brokerage services account for the company’s entire revenue stream. By bundling trading, lending, and settlement into a single platform, the firm aims to move past the era of charging clients solely for digital asset storage.

Samsung Patents Smart Contract Wallet to Simplify Crypto Transactions

Samsung Electronics has filed for a U.S. patent detailing a digital asset wallet system that offloads transaction authentication to smart contracts. By shifting this process away from individual devices, the proposed architecture allows smartphones, wearables, and home appliances to initiate transfers without directly storing or handling private keys.

Parataxis Ethereum Scraps Korea Merger Over Delisting Risks

Conflict defines the collapse of the proposed merger between Parataxis Ethereum and Parataxis Korea, as boards terminated the deal to escape the fallout of a bitter legal battle with the Korea Exchange. The decision effectively halts a complex consolidation intended to simplify the group’s corporate structure.

Rialo targets South Korean financial firms for onchain expansion

Rialo is moving to integrate blockchain infrastructure into traditional finance, initiating proof of concept discussions with South Korean institutions. The network aims to bridge the gap between legacy systems and decentralized applications by prioritizing native web connectivity and privacy tools over immediate token issuance.

Ethereum Economic Zone Completes First Atomic L1-to-L2 Transaction

The Ethereum Economic Zone (EEZ) framework has successfully executed its first atomic transaction between the mainnet and a layer-2 network. By bundling operations across execution layers, the test demonstrated a potential path toward synchronous composability, allowing actions to either complete or revert collectively rather than remaining fragmented across disparate bridge infrastructures.

Bitget Hack Laundering Generates Over $760,000 in Protocol Fees

The massive $387.5 million theft from Bitget has inadvertently turned into a lucrative revenue stream for decentralized finance protocols. Independent researcher Andrey Sergeenkov found that various services collected $761,725 in transaction fees while processing the movement and exchange of assets stolen during the late September security breach.

Virtuals Protocol tests iOS app for AI-driven automated trading

Virtuals Protocol has launched a closed-beta iOS application that grants personal AI agents direct access to user wallets and market data. By utilizing natural language instructions, testers can now authorize autonomous systems to monitor market conditions and execute trades within predefined financial boundaries.

Polymarket Readies Protocol V2 for November Rollout

Polymarket has launched production testing for its Protocol V2, a significant infrastructure overhaul designed to replace the platform's aging 2019-era Gnosis framework. The transition, which begins with a canary release period, aims to standardize market creation through a unified ERC-1155 position system and modular oracle settlement.

Ethereum tests 200 million gas limit on Sepolia testnet

Ethereum developers are pushing network capacity to its limits, initiating a 200 million gas ceiling on the Sepolia testnet under the Glamsterdam upgrade. This public stress test aims to determine whether validators can maintain stability while processing more than triple the current 60 million gas block capacity.

Binance Refines On-Chain Stock Conversion Features

Binance is re-emphasizing its bStocks feature, allowing eligible users to convert traditional equity positions into tokenized versions at a 1:1 ratio. While the mechanism enables round-the-clock trading and wallet withdrawals, the tokens function as certificates rather than direct company shares, leaving legal ownership rights outside the hands of token holders.

Rain Seeks Federal Trust Charter Amid Looming Banking Lawsuit

Rain has formally applied to the Office of the Comptroller of the Currency to establish a national trust bank, positioning itself to custody digital assets and issue stablecoins. The move lands just days after community bankers launched a federal lawsuit challenging the very regulatory framework supporting such crypto-focused charters.

ZachXBT Infiltrates Laundering Ring Linked to $1.5B Bybit Hack

Blockchain investigator ZachXBT spent $349,700 of his own money to infiltrate a Chinese laundering network, eventually mapping the movement of funds from the 2025 Bybit heist. By posing as a client, the investigator gathered data linking the syndicate to North Korean state-backed hackers and facilitated key asset freezes.

Crypto PAC Fairshake Commits $6 Million to House Incumbents

The crypto-backed political action committee Fairshake is deploying an initial $6 million to bolster six congressional incumbents, marking the start of a broader strategy for the 2026 midterms. Supported by industry giants like Coinbase and Ripple, the organization is prioritizing candidates who backed the Digital Asset Market Clarity Act.

Bitcoin Eyes $93,000 Threshold Amid Shifting Fed Expectations

Bitcoin could climb toward $93,000 if Treasury yields retreat and inflation data confirms a softening labor market, according to Lacie Zhang, research lead at Bitget Wallet. While reduced odds of an October rate hike offer a tailwind, sustained spot buying remains the final hurdle for a breakout.

Aptos Labs Targets Frontrunning with Encrypted Mempool Proposal

Aptos Labs is pushing to neutralize frontrunning and MEV exploitation by introducing a native encrypted mempool. If the governance proposal clears, the layer-1 network would hide trade instructions from validators until the ordering phase concludes, potentially shielding users from predatory trading practices while maintaining on-chain transparency for finalized transactions.

Hedera Tests Critical Support as Traders Weigh October Outlook

Hedera’s HBAR token is hovering near the $0.10 threshold, struggling to regain momentum after a sharp 23% retreat from its late-September peak of $0.131. As the asset navigates a cooling daily chart, market participants are closely watching whether this psychological support level can hold to facilitate a potential rebound.

US Treasury Abandons Proposed Crypto Wallet and Mixer Reporting Rules

The U.S. Treasury has officially withdrawn two contentious regulatory proposals aimed at tightening oversight of self-custody wallets and crypto mixing services. FinCEN filed the withdrawal notices on Oct. 5, effectively ending a years-long effort to force financial institutions to collect and report extensive data on private digital asset transactions.

CFTC Opens Consultation on Federal Crypto Trading Framework

The U.S. Commodity Futures Trading Commission is seeking public feedback on two proposed regulatory frameworks, Regulation CTX and Regulation CAM, designed to oversee retail crypto asset transactions. The move marks a shift toward establishing federal standards for margined and leveraged trading amid ongoing legislative gridlock in Congress.

Bitmine Nears 5% Ethereum Supply Target After $16.4 Billion Accumulation

Bitmine Immersion Technologies has edged closer to its goal of controlling 5% of all Ethereum in circulation, adding 15,112 tokens to its treasury last week. The company now holds 6,016,414 ETH, a position valued at roughly $16.4 billion that solidifies its status as a dominant institutional force in the crypto market.

CertiK: Agentic AI pivots from security assistant to autonomous operator

Autonomous AI agents are shifting from passive monitoring to active intervention in the crypto sector, handling complex tasks like smart contract auditing, fund tracing, and real-time compliance. As these systems gain the authority to execute security measures without human intervention, the industry faces a new landscape of operational liability.

Visa study reveals deep disconnect in Asia Pacific stablecoin adoption

While 46% of Asia Pacific consumers express interest in using stablecoins for transactions within the next five years, actual adoption remains low at 16%. This gap between intent and usage is compounded by a profound misunderstanding of the technology, as only 6% of surveyed individuals correctly identify how stablecoins function.

Polymarket Challenges Dutch Gambling Ban in Court

Polymarket is taking the Dutch Gambling Authority to court to contest a €420,000 penalty, marking a high-stakes escalation in the platform’s battle to reclassify its event contracts. The company argues its prediction markets function as financial derivatives rather than the unlicensed gambling services claimed by regulators.

Plume Brings Actively Managed Fidelity Bond ETF to Blockchain

Plume has launched nBND, a tokenized vault backed by shares of the Fidelity Total Bond ETF (FBND), marking a shift in onchain fixed-income offerings. While the underlying fund manages approximately $28 billion in assets, the integration allows institutional investors to access active management and duration beyond standard short-term Treasury products.

Metaplanet Tightens Bitcoin Treasury Strategy as Holdings Hit 44,000 BTC

With 44,000 BTC now under management, Tokyo-listed Metaplanet is shifting its capital allocation to emphasize permanent equity over debt. The firm’s revised policy mandates that 85% to 90% of assets remain in Bitcoin, while a new income-focused strategy aims to generate recurring cash flow to fund future acquisitions.

Kelsier Ventures crypto holdings shrink from $300M to $2M

Blockchain analytics firm Arkham reports that wallets linked to Hayden Davis and his firm, Kelsier Ventures, have seen their tracked value plummet from nearly $300 million in February 2025 to approximately $2 million, marking a significant shift in the assets associated with the controversial LIBRA token project.

Bitcoin’s 47% Rebound: A Market Mirage or a True Bottom?

Bitcoin has surged nearly 47% from its July low to hover near $86,000, yet fresh data from Binance Research suggests the current cycle bottom remains unconfirmed. Historical patterns indicate that rallies emerging from relatively shallow drawdowns frequently fail, often leading to a breach of previous cycle lows.