Cryptocurrency
Bank of Israel Rebuffs Netanyahu’s Crypto Sanctions Hedge
A rare public rift has emerged between the Bank of Israel and Prime Minister Benjamin Netanyahu over the viability of cryptocurrency as a buffer against international financial isolation. While the Prime Minister views blockchain as a necessary contingency plan, the central bank insists digital assets cannot bypass global banking restrictions.
South Korea Considers Pushing Crypto Tax Deadline to 2029
South Korea is signaling a fourth delay for its contentious cryptocurrency gains tax, with the presidential office now leaning toward a 2029 implementation. Originally slated for 2027, the 22% levy faces pushback over administrative gaps, concerns regarding younger investors, and the ongoing difficulty of tracking assets held on foreign exchanges.
Tether Secures 15 Mining Firms for Open-Source Automation Framework
Fifteen major Bitcoin mining companies, including Bitmain, Bitdeer, and Canaan, have committed to adopting Tether’s Mining Development Kit. The initiative aims to unify fragmented hardware management by creating a common software language, allowing operators to monitor equipment and deploy AI agents across diverse industrial setups.
Milei targets journalists following LIBRA case dismissal
After a judge dismissed the criminal investigation into his promotion of the Solana-based LIBRA token, Argentine President Javier Milei launched a public offensive against five journalists. He accused the group of spreading falsehoods and demanded compensation for the damage he claims the coverage inflicted on his reputation.
Bitcoin Whale Accumulation Claims Face Scrutiny Over Data Ambiguity
A surge in Bitcoin transfers from Wintermute-linked wallets has fueled claims of massive institutional accumulation, yet analysts warn that the underlying data—tracking moves of 9,458 BTC—lacks the transaction records necessary to distinguish between actual market purchases, simple custody shifts, or internal rebalancing by market makers.
Bitcoin Surges to Lead NFT Market as $X@AGI Volumes Spike
Bitcoin has seized the top spot in the NFT ecosystem, driving a 66.58% surge in total market sales to $76.56 million for the week ending October 24. This growth was propelled primarily by the BRC-20 collection $X@AGI, which dominated activity with over $25 million in recorded sales.
Tenstorrent and Whop Lead $1.76 Billion Crypto-Linked Funding Surge
Eight companies secured $1.76 billion in venture capital between October 17 and 23, 2026, as AI infrastructure and digital commerce platforms dominated the week. Tenstorrent’s massive $1.5 billion Series E accounted for the vast majority of the total, underscoring the growing overlap between blockchain investors and advanced computing hardware.
Arthur Hayes Liquidates $22M Crypto Portfolio Amid Macro Uncertainty
BitMEX co-founder Arthur Hayes has shuttered Maelstrom’s directional trading book, citing mounting macroeconomic and geopolitical instability. The move marks a sharp reversal from his previous strategy of maximum risk exposure, as blockchain data reveals the offloading of $22.28 million in digital assets across seven major tokens.
Bitget Hacker Shifts $19.5 Million in Fresh Bitcoin Outflows
Blockchain intelligence firm Arkham has tracked $19.48 million in assets migrating from wallets linked to the September Bitget exchange breach. The funds, primarily Bitcoin, were moved across 52 separate transactions between October 21 and October 24, with the final destinations of the capital remaining unidentified by investigators.
Polymarket Faces Backlash Over Fortune Cookie Marketing Campaign
A photograph of a fortune cookie containing a Polymarket advertisement has ignited controversy on X, racking up over 500,000 views. The purple slip, branded with the prediction market’s logo and a QR code, drew immediate hostility from users, highlighting growing scrutiny over the firm’s unconventional and aggressive promotional tactics.
Suspected Crypto Launderer Extradited to US in $37M Fraud Case
A 44-year-old Chinese national, Zheng Zhao, faces federal charges in Los Angeles after his extradition from the Netherlands. Prosecutors allege Zhao played a central role in a sophisticated money-laundering network that funneled over $36.9 million from 174 American victims into accounts linked to illicit scam centers in Cambodia.
Ethereum Whales Offload Holdings Amid Four-Month Exchange Outflow High
Ethereum’s long-term investors are liquidating significant positions, with two separate wallets offloading 4,000 ETH just as data reveals the network’s largest single-day net exchange outflow in over four months. Analysts recorded 169,770 ETH moving off platforms on October 22, suggesting a shift in supply dynamics among veteran market participants.
CFTC Monitors Prediction Markets for Election Manipulation
With $250 million in open interest tied to midterm outcomes, federal regulators are intensifying their oversight of prediction platforms. CFTC Chairman Michael Selig confirmed the agency is actively hunting for signs of market manipulation, signaling a tougher stance on exchanges hosting wagers based on individual conduct and political events.
Argentine Judge Dismisses Criminal Case Against President Javier Milei
An Argentine federal judge has cleared President Javier Milei and 10 others of criminal charges related to the launch and subsequent collapse of the LIBRA token. Judge Marcelo Martínez de Giorgi issued the decision after prosecutors concluded that the project’s market volatility did not meet the legal threshold for fraud.
China Targets 2030 for National Blockchain Infrastructure
Beijing has formalized a roadmap to complete a national blockchain network by 2030, integrating a central backbone with regional hubs to manage digital identity and trade infrastructure. The strategy, detailed in the latest five-year information technology plan, prioritizes state-led applications over public cryptocurrency or tokenized asset trading.
Initia Suspends Blockchain After Reported $2.6 Million Exploit
A security breach on the Initia layer-1 network has forced an immediate halt to all operations and rollups. Security researcher Spreek identified unauthorized token minting during the incident, with early estimates suggesting the attacker successfully cashed out at least $2.6 million in digital assets before the chain was frozen.
JPMorgan’s Ethereum JPM Coin shows zero supply in audit
Days after JPMorgan introduced its JPM Coin to the Ethereum network for institutional payments, a contract review by research firm Sentora has identified no active supply or transfers. The findings indicate that the deposit token, intended to facilitate dollar-denominated settlements, has yet to gain on-chain traction.
Binance Founder Warns AI Shifts Security Risks to Human Error
Changpeng Zhao has signaled a shift in Bitcoin security concerns, moving focus from cryptographic vulnerabilities to AI-driven social engineering. According to recent commentary, criminals are leveraging leaked personal data to orchestrate sophisticated phishing campaigns, bypassing the need to crack the underlying blockchain technology by targeting the human element instead.
Phantom Wallet Integrates Kalshi Prediction Markets
Phantom has expanded its mobile wallet functionality by integrating Kalshi prediction markets, allowing eligible US users to trade event-based contracts directly through the application. The rollout introduces a transparent fee structure of $0.02 per contract, split evenly between the wallet provider and the exchange.
Michael Saylor Fuels Speculation With Closed-Door Bitcoin Tease
Michael Saylor has ignited market curiosity with a cryptic social media post claiming to be resolving Bitcoin matters behind closed doors. This follows a period where Strategy consistently utilized common-share sales to finance its aggressive acquisition of 517 BTC, totaling $43.6 million in expenditures over the last two weeks.
NFT Market Retreat Stirs Community Identity Crisis
As major marketplaces like Nifty Gateway and Binance shutter their NFT services and Magic Eden pivots away from Bitcoin and EVM support, the digital collectibles community is grappling with a wave of doubt. Users are questioning whether the sector has a viable future or if its peak influence has permanently passed.
Nasdaq Prepares 23-Hour Trading as Tokenized Assets Signal Price Trends
As Nasdaq prepares to launch a 23-hour weekday trading session this December, fresh IMF data suggests tokenized equities already serve as reliable price indicators. While crypto exchanges advocate for continuous markets to capture global demand, institutional analysts remain skeptical about whether U.S. investors will migrate from highly liquid conventional exchanges.
Securitize Brings 12 Tokenized U.S. Stocks to Solana
Twelve major U.S. stocks, including Nvidia, Apple, and Tesla, are now available for trade on the Solana blockchain through Securitize. The platform confirms that each token maintains a one-for-one backing with physical shares, which the company states are held in segregated accounts and remain unlent to third parties.
Solana co-founder prioritizes retail-heavy apps over core infrastructure
Anatoly Yakovenko has signaled a shift in Solana’s development focus, naming five major applications as higher priorities for network optimization than validators or core engineers. The co-founder argues that platforms managing significant assets and retail volume should dictate the technical roadmap, rather than protocol-level participants.
Sky Reports $30.8M Revenue as Galaxy Adds $100M in sUSDS Position
Sky recorded $30.8 million in gross revenue for September, marking a 49.7% year-over-year increase while executing its inaugural burn of 2.86 million SKY tokens. The growth coincides with Galaxy’s $100 million allocation to sUSDS, a move that integrates the savings token into institutional lending collateral frameworks.
SEC Targets Tokenization Risks in 2027 Examination Priorities
The U.S. Securities and Exchange Commission has formally integrated tokenization into its fiscal 2027 examination priorities, signaling a heightened regulatory focus on how blockchain-based assets intersect with traditional market infrastructure. This move places digital ledger developments alongside established concerns like private credit, cybersecurity, and systemic market stability for over 34,000 registrants.
Franklin Templeton Advances Plan for Bitcoin Dividend Reinvestment ETFs
Asset manager Franklin Templeton has registered two new Bitcoin-focused ETFs for Nasdaq trading, moving closer to launching funds that automatically convert equity dividends into cryptocurrency exposure. The proposed products, which recently cleared securities registration, seek to blend traditional stock market participation with incremental Bitcoin accumulation.
Lummis Accuses Senate Democrats of Blocking Agreed Crypto Safeguards
Senator Cynthia Lummis is renewing her push against Senate Democrats, accusing them of obstruction for rejecting the CLARITY Act. Despite integrating 126 requested changes into the bill—including tighter enforcement and FTX-style custody rules—the legislation failed a September procedural vote, leaving the future of digital asset oversight in legislative limbo.
South Korea Sets December Deadline for Cross-Border Crypto Reporting
Starting December 3, 2026, South Korea will enforce mandatory registration for companies handling cross-border cryptocurrency transfers. The new regulations, designed to plug gaps in the Foreign Exchange Transactions Act, require firms to report international movements of digital assets directly to the Bank of Korea to curb illegal remittances and capital flight.
New York Seeks $1.3 Billion From NovaTech Founders Over Crypto Scam
New York Attorney General Letitia James is demanding $1.3 billion from NovaTech founders Cynthia and Eddy Petion after securing nearly $6 million in settlements from four key promoters. The legal action follows evidence that the companies operated a massive pyramid scheme, siphoning over $1 billion from immigrant and religious communities.