South Korea plans cybersecurity overhaul after attacks hit banks, crypto firms
South Korea is proposing tougher cybersecurity assessments after a review identified security deficiencies at 130 financial firms.
Crypto
Australia seeks feedback on crypto platform rules ahead of 2027 rollout
The consultation follows Parliament’s passage of digital asset legislation in April, with Australia’s securities regulator now proposing capital, custody and trading standards for crypto platforms.
Nearly $1 billion in crypto bets liquidated as bitcoin, ether and XRP slide
Ether accounted for nearly 60% of the forced closures across the two largest cryptocurrencies, falling roughly twice as much as bitcoin.
Bitcoin mining pool once handling 2.3% of network shuts after hashrate falls 65%
Computing power directed at Binance Pool has fallen from 26 EH/s in December to about 9 EH/s. Its remaining miners must choose another provider before a Nov. 10 cutoff.
Bitcoin wilts as Fed rate uncertainty weighs. Kospi plunges 8%
Bets on an October Fed rate hike briefly spiked to nearly 50% after Wednesday’s inflation report, but have since cooled.
Bitcoin miners plunge up to 13% in Wall Street’s worst selloff since July
TeraWulf, Core Scientific, Cipher Mining and IREN each lost more than 12% as hotter inflation hit AI infrastructure companies.
VanEck seeks to withdraw application for Lido staked Ether ETF
VanEck initially filed an S-1 registration statement for the exchange-traded fund in October last year.
Polygon gains US payments licenses after closing Coinme deal
The deal gives Polygon access to 37 money transmitter licenses and 11 state exemptions.
Godfather of AI and 400 Scientists Want AI Models Cut Off From the Internet
After a summer of AI models escaping test environments and hacking real companies, hundreds of researchers say the internet itself should be treated as a security boundary.
Developer Who Cloned Photoshop With AI Just Did the Same to Microsoft Office
Developer Brandon Thomas used Anthropic’s Claude to build free, open-source replicas of Word, Excel and PowerPoint. They’re rough, but they show how cheap cloning software has become.
Organizations join forces to fight Illinois crypto tax, after 6-month pause
Illinois officials already agreed to delay implementation of a 0.2% tax on crypto assets, but industry-aligned organizations are pushing for summary judgment on the merits.
AI Agents Made 138 Million Crypto Payments in a Year. Most Were Tiny
A new Chainalysis report found payments through Coinbase’s x402 protocol surged from about 1,500 in mid-2025 to more than 138 million by Q3 2026, with U.S. wallets dominating spending on AI models.
Russia’s Biggest Bank Sberbank Wins Approval to Trade Bitcoin
Sberbank now holds both custody and exchange status under Russia’s new crypto law, and plans to bring Bitcoin, Ethereum and USDT to apps used by 110 million retail clients.
Solana Sets a Date for Its Next Major Upgrade
Solana’s Alpenglow upgrade replaces the TowerBFT voting system on October 21, cutting finality from 12.8 seconds to a target of 150ms and pulling vote transactions out of blocks entirely.
EU authority classifies Circle’s USDC as ‘significant’ under MiCA
The second-largest stablecoin by market cap will be overseen by French and EU authorities under its classification as a “significant e-money token.“
US authorities dismantle crypto scam network that stole tens of millions
Brooklyn prosecutors and the FBI seized 112 servers and shut down 241 websites linked to investment scams that targeted Russian-speaking Americans.
Standard Chartered Opens Bitcoin and Ethereum Trading to Wealthy UAE Clients
The British bank won Dubai regulatory approval to let affluent clients buy BTC and ETH straight from their bank accounts, with custody and settlement kept in-house.
OCC report finds debanking efforts tied to crypto activities
The report from the US banking regulator did not include specific examples of debanking related to crypto, but mentioned it alongside ties to oil, gas and firearms.
Kalshi CEO says state-led oversight of U.S. prediction markets would push them out
CEO Tarek Mansour said he feels “pretty good” about the pending outcome of the current legal fight over who has the right to regulate prediction markets.
Standard Chartered pushes $2T stablecoin forecast to 2030 as transaction volumes grow
The bank identified four distinct stablecoin markets, with USDC leading payments and AI transactions as competition intensifies over reserve yields.
‘It Can Take Years’: Coinbase Presses for Bitcoin Quantum Migration to Start Now
In a detailed technical post, the exchange argued Bitcoin’s multi-year migration to quantum-resistant cryptography must begin before any “Q-Day,” laying out requirements spanning block space, custody and dormant coins.
AI agents make 138 million crypto payments as U.S. dominates spending on AI models
U.S.-linked wallets account for just over 88% of tracked AI model payments, dwarfing China’s 0.1% share, according to new Chainalysis research.
Bitcoin Falls as Hot Inflation Puts a Fed Hike Back on the Table
September CPI hit 3.7%, above forecasts, sending Treasury yields higher and dragging crypto down with stocks.
EasyA hits $1.1 billion valuation, targets 2027 public listing and tokenized shares
The blockchain and AI developer platform has completed two years of audits and wants its shares available onchain from the first day of trading.
BlackRock’s crypto ETF assets surge 63% but remain far below 2025 peak
The asset manager’s crypto assets surged 63% to $79.6 billion as investors returned, but holdings remain 23% below year-ago levels.
Bitcoin price dips below $82K as high oil prices spike US CPI inflation
Bitcoin fell below $82,000 while bond yields targeted new 24-year highs on the back of hot US CPI inflation.
Former FTX Europe chief targets U.S. tokenized stock trading with new SEC exemption
Nasdaq-listed Perpetuals.com is the second company to pursue a U.S. tokenized stock marketplace under the SEC’s new framework, following a joint venture between OKX and NYSE parent ICE.
Hex Founder Richard Heart Detained in Istanbul on Interpol Red Notice: Report
Turkish police and intelligence officers reportedly seized cash, phones, jewelry and firearms at the crypto founder’s address in Beşiktaş.
America’s growing digital economy requires power grid updates. Who will foot the bill?
Congress must decide how the U.S. can build the infrastructure its booming digital economy requires while protecting the communities that host it.