CoinDesk

California’s pension fund shifts toward private equity as investors question tech valuations and the payoff from soaring AI spending.

Your look at what’s coming in the week starting Oct. 26.

The large number of coins held in unidentified wallets shows that retail investors have been in this market for years, observers said. But this interpretation comes with a caveat.

The Mumbai-based exchange initially dismissed reports of suspicious outflows as a false alarm. It now says it lost $16 million and will absorb the loss.

Attackers replaced legitimate transactions with fake ones, then waited for users to approve higher fees. At least one person lost bitcoin before developers patched the flaw.

Ether and XRP led losses among the majors as the AI trade took another hit in Asia, where Goldman Sachs cut its Kospi target by 25%.

SpaceX has raised $40 billion in debt to buy GPUs, while Musk predicts a major shakeout among smaller AI cloud providers.

Economics Minister Viktors Valainis says rules could arrive in the first half of next year, but an overdue assessment remains unfinished and no sovereign-bond issuance was identified.

The U.K. claims to aspire to become a global cryptocurrency hub, an ambition that would appear to be at odds with the attitude to crypto purchases of its major banks.

The securities have financed purchases of nearly 136,000 bitcoin, opening a funding channel that analysts expect to complement the larger ETF market.

Reactions split between amazement at how human it sounds and fears it could fuel scams and deception, with CZ eyeing uses in children’s education.

Some of the world’s biggest companies objected to being listed on the first tokenized securities trading venue under the SEC’s innovation exemption. But the early pushback may say more about issuer caution than about rejection of tokenization itself.

The judge found that Milei’s promotion of LIBRA did not constitute fraud, despite the attention his support drew to the token.

Six more companies have objected to listing tokenized versions of their stock on the venue, Reuters reported, bringing the total to 22.

Apex Group CEO Peter Hughes warned that the failure of the U.S. Clarity Act will drive digital asset businesses toward faster-moving jurisdictions in Asia and the Middle East.

Two subscriptions on Thursday nearly quadrupled the fund’s tokens on the network. The receiving wallet shares its authorized signers with the issuer.

The company’s head of futures and prediction markets said bitcoin, gold and oil contracts are among its fastest-growing prediction markets.

Developers merged a policy change that ends the months-long embargo for flaws a chatbot could rediscover, after a summer in which AI found hundreds of bitcoin bugs before the humans did.

Your day-ahead look for Oct. 23, 2026

Bitcoin went quiet after a week of big swings, with tech futures steadying and Brent hitting its highest level since early May. The Fed meets next week.

Bitcoin rose 0.5% to around $81,700 since midnight UTC while the CoinDesk 80 gained 1.4% and memecoins climbed 2.9%.

Previous bitcoin bear-market lows followed U.S. midterms, but this year’s recovery raises the possibility that the bottom arrived months earlier.

HSBC and Standard Chartered-led Anchorpoint received Hong Kong’s first stablecoin issuer licenses in April. Anchorpoint began rolling out HKDAP in August.

The Riksbank sees an e-krona as critical to securing national payments and monetary control.

CoinDCX denies its active wallets were hacked after sleuths flagged $16 million in outflows from addresses linked to the India-based exchange.

Matthew Modabber was reportedly ousted after an internal probe of several instances of misconduct, according to the New York Post.

Developers canceled Monday’s Hoodi activation after researchers showed how new gas rules could let smart contracts permanently record failed operations.