News without the noise
Crypto news: Bitcoin, markets, regulation, exchanges and the projects behind them.
363 articles · page 1 of 8
Singapore police say at least two cases involving tampered Ledger hardware wallets have been reported since September 10, with combined losses of about 3.5 million Singapore dollars ($2.7 million), placing the first local report almost a month before the wider incident became public.
Prediction market platform Polymarket temporarily suspended trading on Thursday after hackers compromised a third-party service to distribute cryptocurrency-draining JavaScript, with approximately $2.5 million in assets traced to a suspected attacker wallet. The company said it had fixed the issue and referred the breach to law enforcement, promising to make affected users whole.
Binance said investigators have found additional breach points in the security incident that saw about $6.3 billion in digital assets stolen, with roughly $3 billion of the funds frozen on-chain so far. The world’s largest cryptocurrency exchange, which initially suspected a compromised DevOps engineer’s laptop, said withdrawals would remain suspended for up to 48 hours while a security revamp is completed.
Stanley Druckenmiller, the billionaire hedge fund manager, posted his first message on X to announce he is investing in TradeXYZ, the developer behind Hyperliquid's perpetual futures market, as the platform partners with Intercontinental Exchange (ICE) to seek regulatory approval to bring the products onshore to the United States.
Hyperliquid’s HYPE token surged about 13% on Thursday to roughly $91 after Intercontinental Exchange (ICE), the owner of the New York Stock Exchange, signed a definitive agreement to bring Hyperliquid-based perpetual futures to the United States through Trade[XYZ], a company that runs markets for real-world assets on Hyperliquid. The deal still requires regulatory approvals and has no launch date.
The French Senate has adopted a bill authorising the automatic exchange of crypto-asset tax information between international tax authorities, sending it to the National Assembly for further legislative consideration.
Canton Strategic Holdings, a Nasdaq-listed company formerly known as Tharimmune, has announced plans to tokenize its common shares on the Canton Network, with trading expected to begin as soon as Nov. 2, following a partnership with trading venue TSV LLC and SEC-registered transfer agent Fairmint.
Phase, a blockchain that lets smartphone users earn tokens by contributing to AI services, has launched its mainnet with a $45 million funding commitment from Unlimit founder Kirill Eves.
The United States has sanctioned a cryptocurrency cash-out network accused of turning the earnings of undercover North Korean IT workers into funding for weapons programs, naming 10 individuals and one entity in a Treasury action announced on 28 October.
Crypto wallet provider Phantom has launched prediction markets for eligible US users through an integration with Kalshi, allowing them to trade on crypto prices, sports and other real-world events directly within its app. The move follows no-action relief from the Commodity Futures Trading Commission and lands as the agency battles a US state over the legality of such contracts.
Kraken has announced plans to replace 176 cryptocurrency trading pairs with synthetic markets, eliminating maker-fee eligibility and forcing the cancellation of all outstanding orders. The exchange said the changes will begin on November 6, with replacement markets expected by November 9.
Itaú Unibanco, Brazil’s largest private bank, has become the country’s first bank to formalize its cryptocurrency trading and custody operations under new digital-asset rules, submitting a notification to the central bank on Tuesday ahead of an Oct. 30 compliance deadline.
South Korean financial regulators began on-site inspections and held an emergency meeting on Wednesday after Bithumb reported signs of abnormal external access to its internal employee mobile system that exposed personal information, the Financial Services Commission said.
Shares of Datavault AI fell nearly 50 percent on Tuesday after the company disclosed in a regulatory filing that it had been unable to withdraw bitcoin from the Biconomy exchange since June and would have to restate its financial results. The stock closed at $0.067 with roughly 244 million shares traded.
Coinbase has denied reports that it was hacked after a security incident at third-party analytics vendor Amplitude exposed contact information belonging to a small subset of its customers, the exchange said Wednesday. Coinbase stressed that it found no evidence of unauthorized access to its own systems and that customer funds were not impacted.
Attackers exploited governance vulnerabilities in two DeFi projects, X100 and Arkadiko, between October 22 and 24, draining approximately $6 million in combined losses through flash loans and manipulated voting mechanisms, blockchain security analysts report.
U.S. Treasury Secretary Scott Bessent said Tuesday that digital assets could help reinforce the U.S. dollar's global dominance, framing cryptocurrency regulation as part of a broader technological competition with China.
Intel, Oracle, IBM and IonQ have objected to plans by crypto exchange OKX and NYSE parent Intercontinental Exchange (ICE) to offer blockchain-based trading of their shares, bringing the total number of issuer objections to 26, according to an updated public notice from the joint venture OKXICE.
Brazilian companies rushed into stablecoins on election day to protect their treasuries from the fallout of an election that saw incumbent President Luiz Inácio Lula da Silva unexpectedly defeat challenger Flávio Bolsonaro. Corporate accounts generated 78% of trading on crypto exchange Mercado Bitcoin, with USDT volume jumping nearly 800% and bitcoin volume surging 865% from the previous Sunday, the exchange said.
Janus Henderson, the London-based asset manager overseeing roughly $500 billion, has teamed up with tokenisation platform Centrifuge to launch JQQQ, an issuer-sponsored fund on the Stellar blockchain that tracks the Nasdaq-100 Index, the companies said Tuesday. The fund marks the expansion of Wall Street's tokenisation push into stock-market products and brings Janus Henderson's onchain investment platform to more than $1 billion in assets across Treasuries, structured credit and equities.
CF Benchmarks, the pricing index provider whose data underpins BlackRock's bitcoin ETF and CME Group's crypto futures, has launched a service that makes its benchmarks available on blockchain networks, opening the door for developers to build traditional investment products in decentralized finance.
Ripple and Robinhood have expanded their partnership, with Ripple's RLUSD stablecoin expected to reach Robinhood's main app later this year and gain access to the brokerage's roughly 28.6 million funded customers. The agreement, announced Oct. 27 at Ripple's Swell 2026 conference in New York, also covers institutional settlement, treasury management and trading financing.
Ethereum developers have patched a vulnerability in the upcoming Glamsterdam upgrade that could have allowed an operator to withdraw ETH intended for new validators. The fix, which changed how validator deposits are handled, was merged Monday after being initially turned down. No losses have been reported.
The Office of the Comptroller of the Currency has granted Ripple final approval to operate Ripple National Trust Bank, a federally supervised trust bank that will manage the reserves behind its RLUSD stablecoin and provide digital asset custody. Ripple CEO Brad Garlinghouse announced the approval on X late Monday, completing a process that began with an application in July 2025 and conditional approval last December.
The U.S. Office of the Comptroller of the Currency (OCC) on Monday urged community banks to enter the stablecoin market, including by applying to issue their own dollar-pegged tokens under the GENIUS Act.
South Korean officials are leaning toward postponing the country's planned tax on cryptocurrency gains for a fourth time, pushing the start date to 2027 to 2029, according to local media reports. The delay is driven by concerns that the tax burden would fall disproportionately on users of domestic exchanges because the United States will not begin sharing crypto trading data until 2029 under the OECD's Crypto-Asset Reporting Framework.
The Canadian government has launched a 60-day public consultation on draft stablecoin regulations that would prohibit issuers from paying interest on the tokens while allowing transaction-based rewards, and require non-bank issuers to back their stablecoins 1:1 with reserves held at qualified Canadian institutions.
Ripple has expanded into round-the-clock corporate cash management with a product called 24/7 Returns, unveiled at its Swell 2026 conference, while UK asset manager Aviva Investors added a tokenized share class of its £22 billion Sterling Liquidity Fund to the XRP Ledger.
CoinDCX, India's largest crypto exchange by trading volume, has confirmed it lost $15.99 million after an internal process failed to move customer deposits out of a wallet it retired following a 2025 security breach, reversing its CEO's earlier dismissal of breach reports as a 'false alarm.'
The Initia blockchain was hacked on October 23 via a MoveVM script-caching bug, allowing an attacker to create unauthorised token balances and drain the USDC bridge reserve from about $1 million to as low as $63 before the network halted, according to a report from CryptoSlate citing Bitquery's investigation. Withdrawal attempts failed as the reserve was depleted.
More than 10,000 complaints about bank restrictions on cryptocurrency transactions were submitted across the UK over a 90-day period, according to advocacy group Stand With Crypto. Lloyds Banking Group received the most complaints, followed by Barclays and NatWest, though the voluntary data was not adjusted for each bank's market share and does not represent all customers.
Bitcoin fell below $80,000 on Saturday as the United States began a broad evacuation of personnel from embassies and military bases across the Middle East, citing intelligence that Iran has reached an advanced stage in plotting attacks against Americans. President Donald Trump, speaking at a rally in Florida, hinted at a renewed military campaign against Iran, saying the US 'may do another little "Epic Fury."'
The Office of the Comptroller of the Currency has issued a final rule under the GENIUS Act establishing a maximum two-business-day timeframe for stablecoin redemptions while dropping a proposed automatic seven-day extension for high-demand periods. The rule, effective January 18, 2027, applies to issuers within the OCC framework and defines redemption completion as the point when payment initiation is fully processed.
The US Internal Revenue Service (IRS) is planning to overhaul its voluntary disclosure program, reducing penalties and accelerating the resolution of tax violations, including those involving cryptocurrencies, according to a Friday report by Forbes. The revised program, expected before December, targets a 120-day resolution timeline and may introduce installment payment options.
Initia has halted its layer-1 blockchain and rollups after security researchers reported an exploit that allowed an attacker to mint tokens without authorization and drain more than $2.6 million in crypto assets. The network was stopped at 3:41 p.m. UTC on Friday following the security incident, the project said on X.
The ranking Democrat on the Senate Permanent Subcommittee on Investigations has demanded records from Tether CEO Paolo Ardoino after a report that the stablecoin issuer paid $6.3 million to a marketing company co-founded by former White House crypto adviser Bo Hines.
A blockchain analytics investigation by Bitquery has found that Binance-linked wallets transferred $23.1 billion in USDT to Tether during the first ten months of 2026 while receiving $15.6 billion, creating a $7.5 billion net imbalance toward the issuer, a sharp reversal from a $6.4 billion net inflow in the same direction during all of 2025. The shift coincides with a decline in Binance's tracked Ethereum stablecoin holdings, which fell from $43.9 billion in April to $38.8 billion on Oct. 22, raising questions about available buying power on the exchange as Bitcoin struggles to regain momentum around $80,000. However, the data does not independently indicate how much USDT was redeemed for dollars versus moved between blockchain networks.
Uniswap Labs launched aggregator hooks on Ethereum, Base and Robinhood Chain on Oct. 22, allowing its web app and API to route swaps through seven external liquidity venues including Curve, Fluid and PancakeSwap. The expansion comes as trading aggregator 0x continues to warn that malicious Uniswap v4 hooks can quote one price and settle at another, with one reported case of trades delivering 50% less than quoted.
New York Attorney General Letitia James has asked a state court to order the founders of collapsed crypto platform NovaTech, Cynthia and Eddy Petion, to pay about $1.37 billion in damages and interest. The Petions have fled the United States, according to the attorney general's office, which obtained a default liability ruling against them in August 2025. Separately, four top promoters have agreed to pay nearly $6 million to benefit victims.
HSBC has begun rolling out RedCoin (RCHKD), its Hong Kong dollar stablecoin, to users of its PayMe mobile payments app. More than 3.3 million users and over 100,000 merchants will be able to use the stablecoin for transfers and payments, with wallet activation rolling out over the coming days.
India's largest crypto exchange, CoinDCX, has denied that its active wallets were compromised after blockchain analysts flagged about $16 million in suspicious outflows from wallets linked to the exchange, with the two sides disputing whether the addresses involved had been abandoned after a previous hack.
Ethereum developers have called off the scheduled Oct. 26 activation of the Glamsterdam upgrade on the Hoodi test network after a security review found vulnerabilities affecting existing smart contracts, casting doubt on the upgrade's end-of-2026 mainnet target.
Senator Richard Blumenthal, the top Democrat on the Senate's investigations subcommittee, has demanded answers from Tether and Nxum Group, the consulting firm owned by former White House crypto adviser Bo Hines, over payments it received while Hines helped shape U.S. stablecoin policy. Hines now leads Tether's U.S. arm.
Blockchain analytics firm Dune has launched real-time market data feeds covering more than 200 onchain trading venues, aiming to bring decentralized market activity into the trading systems used by traditional financial institutions. The service provides standardized trade data from 12 blockchains within about one second of execution, covering spot trading on decentralized exchanges and perpetual futures on platforms such as Hyperliquid and Lighter.
US spot Bitcoin exchange-traded funds recorded $635 million in net outflows on Thursday, the largest single-day withdrawal since June, according to SoSoValue data. The selling ended a three-day inflow streak and flipped October's net flows to negative, with month-to-date outflows of $175 million.
Ethereum researchers have proposed a change that could cut the time it takes for transactions to become final from about 16 minutes to roughly four, a shift that would reduce costs for cross-chain transfer services by freeing up idle funds more quickly. The draft, filed Wednesday by researcher Ben Edgington and colleagues, is still incomplete and has no activation date.
The US Office of the Comptroller of the Currency (OCC) has released its final stablecoin rule, cutting the minimum immediately available liquidity from 10% to 5% of reserves and dropping a proposed insured-deposit requirement, drawing praise from Treasury Secretary Scott Bessent and criticism from the American Bankers Association (ABA), which warned the rule could weaken bank lending.
Bitcoin surged to nearly $85,000 late Wednesday, squeezing short sellers, only to reverse sharply and wipe out bullish bets, falling back to about $81,800. The $3,000 round trip in under a day left bitcoin down 2% over 24 hours and triggered more than $431 million in liquidations across the crypto market, according to CoinGlass data.