With a Saturn Cloud Stack, every new customer's inference service is a single deployment, running in an isolated tenant cluster on the operator's own GPUs.
, /PRNewswire/ -- Saturn Cloud, the AI token factory platform, and vCluster Labs, the platform operators use to build and run their own AI cloud like a hyperscaler, today announced a partnership to help AI clouds sell managed, per-token inference on their own GPUs.
As a first step, Saturn Cloud is coming to vCluster Stack, a single, reusable, pre-validated deployment template that installs the Saturn Cloud platform inside an isolated tenant cluster. The partnership gives AI cloud providers a repeatable way to launch a managed inference service, where each customer gets their own isolated environment and per-token endpoints on the operator's GPUs. This follows Saturn Cloud's integrations with NVIDIA DSX OS and NVIDIA Run:ai, which give operators on NVIDIA infrastructure the same managed platform without building it themselves.
"The neoclouds we talk to want to sell inference without reinventing how they isolate each customer," said Sebastian Metti, founder and CEO of Saturn Cloud. "With Saturn Cloud as a vCluster Stack, our token factory, fine-tuning, and per-token billing deploy straight into a tenant the operator already trusts. One deployment instead of a custom integration for every customer."
Saturn Cloud Sells the Tokens, vCluster Isolates Each Customer, Stacks Repeats at Scale
Saturn Cloud turns GPUs into per-token inference customers can call. Operators get per-token endpoints, fine-tuning, and usage billing in a self-service portal under their own brand. Inference is the first Stack, and the same platform also runs dedicated GPU capacity, managed fine-tuning, and distributed training on the same fleet.
vCluster gives every customer an isolated cluster of its own. Each customer gets its own tenant cluster with a virtualized control plane. With Private Nodes, each tenant also runs on dedicated nodes, with network, storage, and compute isolated per tenant.
Stacks packages the whole environment so it deploys the same way every time. The Saturn Cloud Stack describes what to install, in what order, and what must be healthy before the next step. Each deployment becomes its own managed environment, with its own health status, logs, and clean removal.
One Deployment for Launching Managed Inference
Consider an AI cloud that wants to offer enterprise customers private inference. With vCluster and Saturn Cloud, the workflow is straightforward. The operator creates the customer's tenant cluster on Private Nodes, running on GPU servers they already own. They deploy the Saturn Cloud stack into it, and the customer can start calling per-token endpoints. Onboarding the next customer follows the same automated process, consistent every time.
A Faster Route to Revenue on GPUs AI Clouds Already Own
AI cloud providers can now define the environment once, then deploy per customer so inference sells alongside GPU capacity and Kubernetes, Slurm, and Ray clusters on the same fleet. Customers get a private inference service with endpoints ready to call.
"AI clouds are moving from renting GPUs to selling services, because the margins are in the services, not the servers," said Lukas Gentele, co-founder and CEO of vCluster Labs. "The providers that win will launch a new service for every customer without a new build. vCluster Stacks and Saturn Cloud make per-token inference one of those services: packaged once and sold to every customer, each in an isolated tenant cluster of its own."
The First Saturn Cloud Stack Is Available Now
The first version of the Saturn Cloud Stack, built by vCluster engineers from Saturn Cloud's Kubernetes installation, is available today. Operators can adapt it to their own environments.
Learn more about Stacks in vCluster Platform 4.12, or contact Saturn Cloud or vCluster Labs to plan a managed inference offering.
About Saturn Cloud
Saturn Cloud is the AI token factory platform for neoclouds, AI Factory operators, and enterprises. It turns GPU infrastructure into managed services for fine-tuning, model serving, and per-token billing, with standard inference endpoints, distributed training, and managed environments. Enterprise security and governance are built in, across public, private, and on-premises environments. Learn more at saturncloud.io.
About vCluster Labs
vCluster Labs is the platform operators use to build and run their own AI cloud, like a hyperscaler. vCluster turns raw GPUs into cluster products they can sell, from bare metal provisioning through managed Kubernetes, Slurm, and inference clusters, with tenant isolation at the infrastructure layer. The result is more margin per GPU, less dependence on a few big customers, and new managed services live in days instead of months. Trusted by fast-growing AI cloud providers including Nebius, Groq, Firmus, and Corvex, and by enterprises including Adobe, Samsung, and Deloitte, across 100K+ GPUs. Learn more at vcluster.com.
Red Robin's lineup includes a new limited-time burger, returning fan-favorite burgers to value menu, bottomless refresher beverages and more starting Oct. 19
KEY POINTS:
Starting Oct. 19, Red Robin's new Prime Rib Stack Burger will be available for a limited time at participating locations nationwide. The Red Robin Prime Rib Stack Burger features a juicy beef burger patty, sliced prime rib, Monterey Jack cheese, caramelized onions and garlic aioli on a black-and-white sesame seed brioche bun, served with a bottomless side.
Red Robin is bringing back two fan-favorite burgers, the Bleu Ribbon Burger and Burnin' Love® Burger, that will both be available on the Big YUMMM Deals menu on Oct. 19. Starting at $9.99*, guests can enjoy an entrée, bottomless side and beverage, offering even more delicious options at a great value.
Red Robin launches new line of bottomless Refreshers with five different options. Guests can energize any Refresher flavor with Red Bull®.
, /PRNewswire/ -- Red Robin Gourmet Burgers, Inc. (NASDAQ: RRGB) is introducing the new, limited-time Prime Rib Stack Burger, a meat-on-meat masterpiece for guests looking for a premium burger experience. That's not all, Red Robin is bringing back two fan-favorite burgers to the Big YUMMM Deals menu, delivering even more YUMMM and value. The new menu and returning items will be available at participating Red Robin locations nationwide starting Oct. 19.
Starting Oct. 19, Red Robin’s new Prime Rib Stack Burger will be available for a limited time at participating locations nationwide. The Red Robin Prime Rib Stack Burger features a juicy beef burger patty, sliced prime rib, Monterey Jack cheese, caramelized onions and garlic aioli on a black-and-white sesame seed brioche bun, served with a bottomless side.
Red Robin’s lineup includes a new limited-time burger, returning fan-favorite burgers to value menu, bottomless refresher beverages and more starting Oct. 19. For more information on the new menu offerings or to find a location, visit RedRobin.com/new-menu-items.
The Red Robin Prime Rib Stack Burger delivers an over-the-top burger experience made for the meat lovers seeking bold, indulgent flavors. The limited-time burger features a hand-pressed beef patty, tender sliced prime rib, Monterey Jack cheese, caramelized onion and garlic aioli on a black-and-white sesame seed brioche bun, served with a bottomless side.
The burger goodness doesn't stop there. Red Robin is also bringing back two fan-favorite burgers, the Bleu Ribbon Burger and Burnin' Love Burger®, to its Big YUMMM Deals menu, giving burger lovers even more craveable choices at a great value. The Bleu Ribbon Burger features HEINZ 57® Sauce, bleu cheese crumbles, crispy onion straws, lettuce, tomato and green chili aioli on a brioche bun, while the Burnin' Love Burger returns with fried jalapeño coins, salsa, pepper jack cheese, lettuce, tomato and green chili aioli on a brioche bun, both served with a bottomless side and bottomless beverage.
"Burgers are in our DNA, and we wanted to create a burger that brings a little extra indulgence to the table. The Prime Rib Stack Burger is piled high with all the good stuff – a juicy beef patty, tender sliced prime rib, melty cheese and plenty of flavor in every bite," said Brian Sullivan, executive chef and vice president of Culinary & Beverage Innovation at Red Robin. "We're carrying that same spirit into our beverages, with our new bottomless Refreshers, which tap into some of the most fun and current beverage trends our guests crave. From an over-the-top burger to bold, playful drinks, we can't wait for guests to dig in and try all the delicious new items coming to Red Robin."
Red Robin isn't done rolling out new flavors just yet! From appetizers to desserts, even more satisfying menu items are joining the lineup, including:
Spinach Artichoke Dip: Cheesy spinach artichoke dip topped with grated Parmesan and served with warm tortilla chips.
New Chicken Wing Flavors: Available in Lemon Pepper, which combines classic lemon pepper seasoning with a savory citrusy punch, and Lemon Pepper Buzz, which adds a spark with Red Robin's signature Buffalo-style sauce for a tangy, spicy finish.
Signature Grilled Chicken & Broccoli: Tender grilled chicken breast finished your way with a choice of ancho marinade, Whiskey River® BBQ sauce, teriyaki or blackened.
Cookie Dough Milkshake: Vanilla soft serve blended with cookie dough, topped with whipped cream, chocolate syrup and cookie dough. Also available in chocolate soft serve.
Salted Caramel Brownie Milkshake: Vanilla soft serve blended with chocolate chip brownies, salted caramel and chocolate, topped with whipped cream and caramel sauce.
To wash down all those mouthwatering flavors, Red Robin is launching a new line of Bottomless Refreshers. Guests can energize any Refresher flavor with Red Bull®, giving them a colorful, refreshing option to sip alongside their favorite meal. The new beverage will be available in a variety of flavors including Tropical Dragon Fruit, Mango Passion Lemonade, Sunset Lemonade, Poppin' Purple Lemonade and Raspberry Limeade.
For more information on the new menu offerings or to find a location, visit RedRobin.com/new-menu-items.
*Not valid with other offers or rewards. The Big YUMMM Deals meal options are available for dine-in at participating locations for a limited time. Offer valid for to-go and delivery orders placed at RedRobin.com or on the Red Robin app at participating locations for a limited time. Offer not valid for third-party delivery orders. Availability, pricing and menu items may vary by location. Bottomless sides and beverages are not available for to-go or delivery orders. Hot tea or coffee beverage choices are not available for to-go or delivery orders. No substitutions permitted. Additional fees apply to upgrades and add-ons. Offer subject to change without notice. Full terms & conditions at RedRobin.com/the-big-yummm.
About Red Robin Gourmet Burgers, Inc. (NASDAQ: RRGB)
Red Robin Gourmet Burgers, Inc. (www.redrobin.com), is a casual dining restaurant chain founded in 1969 that operates through its wholly owned subsidiary, Red Robin International, Inc., and under the trade name, Red Robin Gourmet Burgers and Brews. We believe nothing brings people together like burgers and fun around our table, and no one makes moments of connection over craveable food more memorable than Red Robin. We serve a variety of burgers and mainstream favorites to Guests of all ages in a casual, playful atmosphere. In addition to our many burger offerings, Red Robin serves a wide array of salads, appetizers, entrees, desserts, signature beverages and Donatos® Pizza at select locations. It's easy to enjoy Red Robin anywhere with online ordering available for to-go, delivery and catering. Sign up for the royal treatment by joining Red Robin Royalty® today and enjoy Bottomless perks and delicious rewards across nearly 500 Red Robin locations in the United States and Canada, including those operating under franchise agreements. Red Robin… YUMMM®!
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
According to multiple Turkish media reports, early local time today, Turkey’s National Intelligence Organization (MİT) and Istanbul police launched a joint operation in Istanbul’s Beşiktaş district, arresting Richard Heart (real name Richard James Schueler), founder of HEX, PulseChain and PulseX, and his wife. The arrest was executed under an Interpol Red Notice issued by Finland at the end of 2024, on charges including aggravated tax fraud. During the operation, a large quantity of cash, dozens of luxury watches, firearms and ammunition, and electronic devices were seized; specific amounts have not been disclosed. Richard Heart is a controversial figure in the cryptocurrency space. In 2023, the U.S. Securities and Exchange Commission (SEC) sued him and his associated entities for conducting unregistered securities offerings, claiming over $1 billion in fundraising, though the case was later dismissed due to jurisdictional issues.
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Ledger: German retail and distribution inventory devices show no signs of tampering, and no financial loss reports have been received across Europe.
Hardware wallet provider Ledger’s security team Donjon has updated on a German-related report, stating that after receiving a report from a German user, it inspected inventory devices at retail outlets and distributors in the country, including products at the named stores, and found no signs of tampering. Ledger also noted that there have been no reports of financial losses linked to hardware implants across Europe. Separately, regarding the suspected abnormal devices circulating online, the security team has not obtained physical units for testing. It has now invited holders of such devices to send them to Ledger’s security team for further analysis, with investigation results to be made public.
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Hyperliquid HIP-3 Cumulative Revenue Reaches $75 Million
Hyperliquid’s HIP-3 has generated a total of $75 million in cumulative revenue, with $37.5 million going to deployers and the remaining $37.5 million allocated for repurchasing and burning Hyperliquid’s native token. HIP-3, the Builder-deployed perpetual contract mechanism, allows eligible deployers to launch their own perpetual markets on Hyperliquid: they can define oracles, contract specifications, and manage operations, while leveraging the protocol’s core infrastructure such as order books and liquidation systems. Fees from these markets are typically split 50/50 between deployers and the protocol, with the protocol’s revenue share used for token repurchases and burns.
Beating AI Express News: xAI has launched its speech-to-speech model Grok Voice 3.0, claiming it ranks first on the Speech-to-Speech Index in an independent test by Artificial Analysis, scoring 86.9 points—higher than Grok Voice 2.0 (81.3), GPT-Live-1 (83.2), and Gemini 3.8 Live (82.6). The model also features end-to-end latency of under 1 second. It is now available via the Voice Agent API, priced at $0.08 per minute, matching the previous generation; agents using the "grok-voice-latest" tag will automatically switch to the new model. According to xAI, Grok Voice handles millions of daily conversations for Tesla and SpaceX: Starlink’s customer service center receives around 20,000 calls daily, with roughly 70% resolved without human intervention, and about a quarter of sales calls resulting in a purchase before the call ends. On benchmarks, Grok Voice scores 74% accuracy on ServiceNow EVA-Bench and 71.6% on τ-Voice, which the company says is comparable to GPT-Live-1 but with roughly 40% lower latency.
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White House Crypto Committee 'effectively defunct' as Executive Director Patrick Witt’s secondment is set to expire.
Crypto journalist Eleanor Terrett said she emailed the White House three times over the past week to inquire whether Patrick Witt still serves as executive director of the White House Crypto Council, and received no reply. Witt himself declined to comment.
Sources familiar with the matter disclosed that Witt, a U.S. Department of Defense employee temporarily seconded to the White House Crypto Council, has reached or is nearing the end of his secondment, with his reappointment status unclear. Earlier this year, he delayed his service in the Georgia National Guard, and is expected to resume his military service soon.
Terrett added that Harry Jung, deputy director of the White House Crypto Council, left his post at the end of July, and after David Sacks’ tenure as Crypto and AI “tsar” concluded, Witt is now the only remaining staff member of the council.
The crypto policy community is now debating: after the CLARITY Act (officially the Crypto Market Structure Act) failed to advance in the Senate, whether the White House still prioritizes the crypto industry.
The relevant personnel changes have not yet been officially confirmed by the White House.
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US stocks slump, with the optical communication sector leading the decline; semiconductor, storage, and crypto-related stocks all fall across the board, and Strategy drops 5.8%.
According to market data from BIT (bit.com), during U.S. stock trading hours, the S&P 500 index’s decline widened to 1.1%, the Nasdaq fell 1.64%, and the Dow Jones Industrial Average dropped 0.3%. Semiconductor, storage, optical communication, and crypto-related stocks all fell across the board, with the optical communication sector leading losses, as most major individual stocks in the sector declined by over 7%. In the semiconductor and storage sectors: Seagate Technology (STX) fell 2.8%; Western Digital (WDC) dropped 3.2%; SanDisk (SNDK) declined 4.7%; Micron Technology (MU) fell 3.3%; NVIDIA (NVDA) dropped 2.9%; Intel (INTC) fell 4.2%; Advanced Micro Devices (AMD) declined 5.3%. Among crypto-related stocks: Strategy (MSTR) fell 5.8%; Coinbase (COIN) dropped 4.6%; Circle (CRCL) declined 6.4%; BitMine Immersion (BMNR) fell 5.3%; SharpLink Gaming (SBET) dropped 7.4%. In the optical communication sector: Pure Photonics ETF (FOTO) fell 6.2%; Marvell Technology (MRVL) dropped 5.8%; AAOI (Applied Optoelectronics) declined 9.8%; LITE (Lumentum Holdings) fell 7.2%; COHR (Coherent Corp.) dropped 7.8%; CIEN (Ciena Corporation) declined 7.8%.
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USDC designated as EU's first 'systemically important e-money token'
The European Banking Authority (EBA) announced that it has classified USDC, issued by Circle Internet Financial Europe SAS, as an Important Electronic Money Token (EMT) under the EU’s Markets in Crypto-Assets (MiCA) regulation. To date, 45 EMTs in the EU have completed notification under MiCA, with USDC being the first to be designated as an Important EMT. Starting November 12, 2026, USDC will be subject to dual supervision for Important EMTs under MiCA: direct regulatory responsibilities for own funds, asset reserves, liquidity requirements, and recovery and redemption plans will be transferred from the French Prudential Supervision and Resolution Authority (ACPR) to the EBA; ACPR will retain oversight of governance, qualifying holdings, suitability assessments, outsourcing, and conflicts of interest. USDC is issued by Circle Internet Financial Europe SAS in the EU and Circle Internet Financial, LLC in the U.S. The EBA has signed a memorandum of understanding (MoU) with the New York State Department of Financial Services to facilitate cooperation and information exchange on cross-border stablecoin activities.
Turkish intelligence officers and police detained HEX founder Richard Heart in Istanbul on Wednesday, local media reported. He has been wanted under an Interpol Red Notice, a global request to arrest someone pending extradition, since December 2024.
Neither Turkish nor Finnish authorities have publicly confirmed the arrest. Reports also disagree on what officers found inside his home.
What Did Police Reportedly Find in Richard Heart’s Home?Heart, whose legal name is Richard James Schueler, created HEX and PulseChain, crypto tokens he promoted heavily online.
Turkey’s National Intelligence Organization (MIT) and Istanbul police tracked him to a home in the Beşiktaş district, Daily Sabah reported. His wife was also taken into custody.
Citing Ihlas News Agency, the outlet listed phones, laptops, graphics cards, rifles, pistols, two drones, gold bracelets, and cash in several currencies among the seized items.
TURKISH INTERPOL ARRESTS RICHARD HEART, FOUNDER OF HEX AND PULSECHAIN: SÖZCÜ
— Aggr News (@AggrNews) October 14, 2026 The amounts vary sharply by outlet. Sabah reported 53 Rolex and 11 Patek Philippe watches, plus about $4 million in vacuum-sealed cash.
In contrast, Euronews Türkçe counted 24 watches, $600,000, €2,600, 50,000 Turkish lira, and 1,360 rounds of ammunition.
Why Does Finland Want Him Back?Finnish police suspect Heart of evading several hundred million euros in taxes between June 2020 and April 2024, broadcaster Yle reported. He was remanded in absentia in September 2024.
Europe’s most-wanted list also accuses him of punching a 16-year-old in the face and head. Both remain allegations, and he has not been convicted.
In 2023, the SEC separately accused him of raising over $1 billion through unregistered token sales.
However, a US judge threw out that case in 2025, ruling his marketing did not specifically target Americans. It was an SEC lawsuit win for Heart.
The Finnish probe is criminal, not civil. Interpol flagged Heart as wanted at Finland’s request.
Meanwhile, PulseChain (PLS) fell 44% over the past 24 hours, while HEX (HEX) rose 3.9%, BeInCrypto data shows.
PulseChain (PLS) Price Performance. Source: CoingeckoWhether Heart faces those Finnish allegations in person now depends on extradition. Sabah reported a transfer is under consideration, though no formal request has been made public.
Richard Heart, the cryptocurrency entrepreneur behind HEX, PulseChain and PulseX, was reportedly detained in Istanbul Wednesday under an Interpol Red Notice.
What Turkish Authorities Say HappenedDaily Sabah reported Wednesday that Turkish intelligence and police teams detained Heart, also known as Richard James Schueler, along with his wife at an address in Istanbul’s Beşiktaş district.
Authorities seized a large amount of cash in different currencies, jewelry, firearms, drones and digital devices during the operation, according to the report.
Interpol issued the Red Notice in 2024 at Finland’s request over allegations of high-value cryptocurrency fraud.
Turkish police had monitored Heart’s address through technical and physical surveillance before making the arrest.
The detention comes roughly 18 months after a federal judge threw out the SEC’s $1 billion fraud case against Heart.
How This Differs From the SEC’s Original CaseThe SEC first sued Heart in July 2023, alleging he raised more than $1 billion through unregistered crypto offerings tied to HEX, PulseChain and PulseX.
The agency also accused him of misusing at least $12 million in investor funds on luxury purchases, including sports cars, Rolex watches and a 555-carat black diamond called “The Enigma.”
That case ended in Heart’s favor:
February 2025: US District Judge Carol Bagley Amon dismissed the SEC’s lawsuit. Why it was dismissed: the agency failed to show sufficient ties between Heart’s conduct and the United States. The judge’s reasoning: Heart’s online statements targeted a global audience rather than U.S. investors specifically, and the alleged misappropriation occurred entirely through digital wallets and platforms with no U.S. connection. A spokesperson for Heart said at the time that the ruling brought “welcome relief and opportunity to all cryptocurrencies.”
Why This Arrest Is a Separate MatterWednesday’s detention stems from Finland’s Interpol request over alleged crypto fraud, not the dismissed SEC case.
The two matters involve different jurisdictions and different legal theories, though both center on allegations tied to Heart’s crypto ventures.
Photo via Shutterstock
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HEX founder Richard Heart was detained in Istanbul on a Finnish Interpol notice tied to alleged tax fraud.
Turkish police and intelligence officers detained HEX and PulseChain founder Richard Heart in Istanbul on Wednesday, Turkish media reported. The arrest stems from Finland’s long-running tax case against him, not the SEC fight he won last year.
What’s the Scoop? The raid: Officers watched Heart’s residence in the Beşiktaş district before detaining him and his wife. Local outlets report that cash, dozens of luxury watches, and firearms were seized, though the tallies differ between reports.
Finland’s case: Interpol issued a Red Notice for Heart at Finland’s request in December 2024. The notice concerns alleged aggravated tax fraud worth hundreds of millions of euros. Heart hasn’t been convicted, and no extradition request has been confirmed yet.
The SEC saga: In 2023, the SEC sued Heart, alleging more than $1B in unregistered offerings. The suit was tossed in 2025 for lack of jurisdiction, with a court ruling that Washington couldn’t reach him. Finland’s tax authorities don’t have that problem.
William M. Peaster 1070 posts
William M. Peaster, Senior Writer, has been with Bankless since January 2021. Immersed in Ethereum since 2017, he covers the onchain frontier with a particular interest in art, games, and other culture apps. He has a background in creative writing and writes fiction in his free time.
Richard Heart, the founder of HEX and PulseChain, has reportedly been detained in Istanbul following an operation involving Turkish police and the country’s intelligence agency.
Authorities have not confirmed whether he is still in custody or being extradited.
Turkish media report Istanbul detention
Heart was arrested in Istanbul’s Beşiktaş district on October 14, Ihlas News Agency reported, cited by Turkish Daily Sabah.
Heart’s full name, legally, is Richard James Schueler, and the operation has been tied to an Interpol Red Notice coming from Finland.
Heart and his legal team were also silent, not yet releasing a statement that confirms this. The Turkish prosecutors, Finland’s police, and Interpol also had no statements out at the time of this writing verifying these claims.
The reports of the items seized in the raid varied wildly – some claiming authorities had found $600,000 and others up to $4 million. The number of watches recovered also changed.
As there is no official inventory, these figures cannot be substantiated independently.
Why Finland was looking for Heart
The Finnish case dates back to 2024 and concerns suspected aggravated tax fraud and assault.
Finnish broadcaster Yle reported that a court remanded Heart in custody in his absence in September 2024. Police suspected that his tax filings did not match the income assessed by Finland’s Tax Administration.
Heart allegedly committed this tax conduct from June 2020 at the earliest to April 2024 at the latest. Police told Yle that there was a lot of money involved and the tax issue appeared to have continued over several years. Heart was not convicted of these allegations.
This Finnish investigation is also a completely separate one from the US Securities and Exchange Commission’s case connected to HEX, PulseChain, and PulseX.
A US judge dismissed that lawsuit in February 2005. They found that the SEC had not established enough links between the alleged conduct of the officials and the United States, and the ruling had been on jurisdiction, not the Finnish allegations.
Final Summary
It has not been confirmed whether Heart is still imprisoned or whether he has been extradited yet either.
No Official Inventory of the property, money, watches, and other seized property.
An OIDC identity-provider update that leaves the client secret as the masked sentinel while the token URL changes re-binds the real stored credential to the new endpoint. Fixed in Keycloak 26.8.1: configuration changes now force the secret to be re-submitted instead of reused.
A flaw in Keycloak’s IdentityProviderResource component allows for the inadvertent reuse of masked client secrets during OIDC configuration updates, creating a path for credential interception. Disclosed on October 13, 2026, CVE-2026-15943 represents a failure in the secret-masking boundary within the Keycloak IdentityProviderResource. The vulnerability centers on how the system handles masked sentinel values-typically represented as a string of asterisks-when an administrator modifies an existing OpenID Connect (OIDC) Identity Provider (IdP) configuration. Under normal operation, the masking mechanism is intended to prevent the exposure of sensitive credentials in the UI. However, the logic fails to invalidate or re-verify the underlying secret when the associated token endpoint is altered.
The technical mechanism of the failure is straightforward: when an administrator updates an OIDC IdP configuration, the system checks the provided secret field. If the field contains the masked sentinel value, the application logic assumes the existing, stored secret remains valid and persists it. The vulnerability triggers when an attacker with ‘manage-identity-providers’ permissions modifies the tokenUrl field while leaving the secret field populated with the masked sentinel. Because the system does not perform a re-validation of the secret against the new endpoint, it binds the existing, valid client secret to the attacker-controlled token endpoint. This effectively bypasses the intended security boundary between the configuration state and the credential store.
The impact of this flaw on IdP federation trust is significant. By redirecting token requests to an endpoint under their control, an attacker can capture the real client secret during the subsequent exchange. Once the secret is intercepted, the attacker can impersonate the Keycloak instance to the external IdP. This allows for the potential manipulation of authentication flows or the unauthorized acquisition of tokens, undermining the integrity of the federated identity relationship. The risk is confined to environments where delegated administrators possess sufficient permissions to modify IdP configurations.
Red Hat has assessed the severity of this vulnerability as Moderate. The affected product suite includes the Red Hat Build of Keycloak, Red Hat SSO 7, Red Hat Data Grid 8, and the JBoss EAP Expansion Pack. To remediate this issue, operators must upgrade to Keycloak 26.8.1. This version introduces the necessary logic to ensure that changes to critical configuration parameters, such as the tokenUrl, trigger a mandatory re-submission or validation of the client secret, thereby breaking the cycle of automatic reuse.
Connections, not re-covers: this is the week’s identity failures landing at the maintenance and configuration plane rather than the login screen. Microsoft is hardening AD FS token-signing keys behind an opt-out its own documentation says leaves the container vulnerable (Post 131823), and the Golden SAML explainer walks what a stolen signing key buys (Post 131832). BotSharp’s starter template ships a hard-coded signing key every agent built on it inherits (Post 131847). IBM Verify Access deserializes untrusted data at its management interface (Post 131927). The self-hosted IdP side of the same week is in the ZITADEL authentication-bypass cluster (Post 131285) and the four-provider, fifteen-CVE identity-stack window (Post 131292). None of these is authentication missing. Each is a system trusting its own configuration or processing state without re-validating it-here, the masked sentinel standing in for the secret while the endpoint beneath it moves.
Mitigation requires strict adherence to the principle of least privilege regarding administrative roles. Organizations should audit their current ‘manage-identity-providers’ assignments to ensure that only trusted personnel can modify IdP configurations. Beyond the immediate patch, this incident highlights the maintenance surface risk inherent in complex identity management systems. The reliance on masked sentinel values for UI convenience creates a persistent state where the boundary between ‘no change’ and ‘re-use’ can become blurred. Operators should prioritize regular updates to the Keycloak, Red Hat Build of Keycloak, and Red Hat SSO ecosystems to minimize exposure to similar configuration-logic flaws.
Ethoswarm Heath Callahan works for Forkast.
Minds can also work for you.
Minds are persistent AI beings with instincts, identity, and a job.
Awaken one on Ethoswarm.
Osmosis official announcement: Its community forum has launched a proposal discussion titled "Terminate OSMO Inflation Issuance". The mint module will no longer issue new OSMO tokens daily, with all staking rewards sourced solely from protocol revenue. At the current burn rate, roughly 2% of the token supply is burned annually, with no new issuance to offset this. The target on-chain date for the proposal is October 20. The forum proposal also states that daily developer vesting releases will be suspended, leaving around 51.9 million OSMO tokens in the vesting module account; any future releases will require separate governance approval.
Ethereum is seeing renewed optimism among crypto traders and investors, with multiple on-chain and sentiment metrics aligning to suggest the potential for a significant price move. While ETH experienced a weekly decline, institutional activity and growing social interest are contributing to a shift in market expectations.
ETH sentiment diverges from BTC and XRPSantiment, a cryptocurrency market intelligence firm, has identified a substantial difference in sentiment across leading tokens on social media platforms including X, Reddit, and Telegram. The data indicates a strong tilt toward bullishness for Ethereum. For every bearish comment about ETH, there are 2.05 bullish ones, marking the coin’s entry into what is known as FOMO, or Fear of Missing Out, territory.
Social volume on major channels currently shows Ethereum recording more than double the number of optimistic mentions compared to pessimistic ones, according to Santiment’s analysis.
Santiment attributed this optimistic stance to ETH’s recent rebound off key support levels, increasing staking demand, and growing anticipation surrounding upcoming network upgrades. In contrast, traders in Bitcoin and XRP have adopted a more cautious outlook.
Bitcoin, the largest cryptocurrency, has seen its bullish-to-bearish comment ratio drop to 0.82. Recent rejections near the $87,000 mark, a pullback toward $81,000, and broader macroeconomic factors have triggered a series of long position liquidations.
Meanwhile, XRP, the native token of the Ripple payment network, recorded a bullish comment ratio of 0.92 after declining over 9% for the week and failing to retake the $1.40 level.
CryptocurrencyBullish RatioWeekly PerformanceKey Support/ResistanceEthereum (ETH)2.05-4.1%Rebounds above supportBitcoin (BTC)0.82Decline toward $81,000Repeated rejection near $87,000XRP0.92-9%Failed to reclaim $1.40Whale accumulation and ETF inflowsWhile retail participants react to short-term price changes, larger players appear to be accumulating ETH. The latest market data puts Ethereum at roughly $2,520, down 0.9% over the past 24 hours and 4.1% for the week. However, on-chain analytics from Lookonchain reveal notable whale activity, with one major address rotating capital from Bitcoin into Ethereum in recent days.
Over a three-day period, this address reportedly sold 1,074.36 BTC valued at about $89.5 million and converted the proceeds into approximately 36,159 ETH, worth around $90.6 million.
Mini dictionary: Lookonchain, a blockchain analytics platform that specializes in real-time tracking of whale movements, trading activities, and wallet addresses across major blockchains.
In addition, recent data from SoSoValue show a reversal in spot Ethereum ETF flows. On October 13, US Spot Ethereum ETFs broke a 10-day streak of net outflows, registering $24.84 million in net inflows. This was the first positive inflow since September 28, signaling renewed institutional confidence.
Analysts eye all-time high retest for ETHMarket participants have responded to these developments with increased optimism. Ted Pillows, a crypto investor and analyst, stated on X that he expects ETH to approach its previous all-time high before the end of the year, citing coordinated signs from social sentiment, ETF activity, and whale accumulation.
Ted Pillows believes Ethereum is positioned for a strong recovery, with large investors, ETF momentum, and community mood all aligning for a possible return to peak levels.
The contrasting behavior between Ethereum and its major peers reflects a broader realignment of trader attention, as participants monitor the evolving landscape across the cryptocurrency market.
Amp(opens in a new window) is building a frontier AI agent that helps developers turn ambitious ideas into working software. For Quinn Slack, Amp’s CEO, each improvement in the models is an opportunity to expand what the agent can do, from helping developers decide what to build to writing code and designing pages.
Amp chooses and recommends models based on what works best for its users, and OpenAI models account for the majority of tokens used in Amp. Quinn shares, “OpenAI is very transparent, and when there are safeguards applied, users know and they understand. That makes it really easy to use OpenAI models. You can do all of your work in Amp with OpenAI models and be really happy.”
“Our users really appreciate the consistency with which OpenAI models have been getting better and better.”—Quinn Slack, CEO and member of technical staff, Amp
Lowering the cost of building with Sign in with ChatGPT
As builders give agents more work, token costs can become a constraint. Quinn describes some Amp users consuming 10 billion tokens a week. He believes that if people watch every increment of usage, it might hold them back from finding out what an agent is capable of.
To help alleviate that, Amp launched its Sign in with ChatGPT integration. Quinn says it gives Amp users access to more tokens and OpenAI models, including GPT‑6 Astra, which changes how willing they are to let an agent take on a larger task.
“Sign in with ChatGPT means that people can have that feeling where they’re not counting every single token,” he says. “And once you actually let the agent go and have a longer leash, then you realize just how much it can do.” Quinn says he sees people using the agent to plan, decide what to build, and continue working after they ship.
Writing, designing, and creating with GPT‑6 Astra
Amp wants agents to help with all the work that goes into building and growing a product. Its own 20-person team uses them that way, including in marketing. “We don’t have someone devoted to it, but we have an agent devoted to it,” Quinn says. The team relies on the agent to improve the experience for new users and help more people discover Amp through search and other channels.
For that work, having high-quality writing and design is critical. GPT‑6 Astra helps the team produce documentation and design pages that meet Amp’s exacting standards.
“We have a very unique design style and writing style. We’re very picky about this, but we’ve been really happy with how GPT-6 Astra does.”—Quinn Slack, CEO and member of technical staff, Amp
Quinn’s experiments with GPT‑6 Astra continue at home. He gave it the plans for his house and used it to create a 3D model in Blender. He and his children then turn that model into games: adding a lazy river through the house or chasing garlic around it, inspired by their grandmother’s dislike of garlic. “And that was not possible just a couple months ago,” he says.
Talking to your agent through GPT‑Live‑1
Amp recently announced Puck, a conversational AI assistant built into Amp that helps users launch and manage other agents. Users can ask Puck to start an agent to investigate a bug, coordinate several agents, or find a previous conversation about a technical problem.
With Calling Puck, powered by GPT‑Live‑1, users can talk to Puck in real time, including from a watch. Quinn imagines people using it to keep their agents working while they’re away from their computers, even while out for a run.
Accelerating agent workflows with Ultrafast
Amp has been testing Ultrafast mode with GPT‑6 Astra, and Quinn says the greater speed changes how people use agents. Today, people often switch between several agent tasks while waiting for each to finish. Faster responses could let people juggle fewer agents, or give agents more time to check their own work before returning a result.
“People have not seen a model that’s this good, that’s this fast.”—Quinn Slack, CEO and member of technical staff, Amp
For Amp, the next step is to bring more of the work before and after coding into the agent, so builders can carry an idea further without handling every step themselves. “There’s this unknown of what humans will create, and that’s what we all get to see. It’s cool to be playing a part in that,” Quinn says.
Santiment ranks top crypto projects by 30-day development activity
Oct. 14, 2026
Santiment ranks top crypto projects by 30-day development activity
High development activity in crypto projects may signal future growth potential, guiding investors and builders in strategic decision-making.
By ESTEFANO GOMEZ
Bitwise’s NEAR ETF holds 15.7 million NEAR two weeks after launch
Oct. 14, 2026
Bitwise’s NEAR ETF holds 15.7 million NEAR two weeks after launch
The launch of Bitwise's NEAR ETF signifies growing investor interest in diversified crypto assets, potentially boosting NEAR's market stability.
By VIVIAN NGUYEN
Injective sees nearly half of its markets tied to tokenized assets
Oct. 14, 2026
Injective sees nearly half of its markets tied to tokenized assets
Injective's integration of tokenized assets could revolutionize financial markets by enhancing accessibility and regulatory compliance on-chain.
By VIVIAN NGUYEN
DTCC’s Nadine Chakar and Sergey Nazarov map out tokenization’s next phase at Sibos 2026
Oct. 14, 2026
DTCC’s Nadine Chakar and Sergey Nazarov map out tokenization’s next phase at Sibos 2026
The integration of tokenization in financial markets could revolutionize asset management, enhancing efficiency and compliance across sectors.
By VIVIAN NGUYEN
Rocket Pool voters back rETH withdrawals, keep 4 ETH bonds
Oct. 14, 2026
Rocket Pool voters back rETH withdrawals, keep 4 ETH bonds
Rocket Pool's decisions enhance rETH liquidity and stability, ensuring reliable exits for holders while maintaining operator capital requirements.
By ESTEFANO GOMEZ
Ethereum leads tokenized ETF market with $303M market cap
Oct. 14, 2026
Ethereum leads tokenized ETF market with $303M market cap
Ethereum's lead in tokenized ETFs highlights the need for strategic adaptation to maintain dominance amid rapid market growth and rising competition.
By VIVIAN NGUYEN
Coinbase joins law enforcement to combat West African scam networks
Oct. 14, 2026
Coinbase joins law enforcement to combat West African scam networks
Public-private collaboration in combating scams highlights the need for global cooperation to address evolving cybercrime and human trafficking threats.
By JOHN CHEN
SEC approves Cboe options tied to company performance metrics
Oct. 14, 2026
SEC approves Cboe options tied to company performance metrics
Cboe's new options could reshape trading by focusing on company KPIs, potentially increasing market efficiency and altering investment strategies.
By ESTEFANO GOMEZ
Uniswap launches ETH/USDC pool with separate buy and sell fees
Oct. 14, 2026
Uniswap launches ETH/USDC pool with separate buy and sell fees
Uniswap's dynamic fee model could reshape trading strategies, impacting liquidity provider profits and market efficiency in volatile conditions.
By ESTEFANO GOMEZ
Strategy’s Michael Saylor shrugs off potential MSCI index removal
Oct. 14, 2026
Strategy’s Michael Saylor shrugs off potential MSCI index removal
MSCI's decision could set a precedent affecting index eligibility for crypto firms, influencing broader market dynamics and investment flows.
Nearly half of all markets on Injective now offer exposure to tokenized assets. That includes 135 real-world asset (RWA) markets spread across several asset classes.
What’s actually trading on Injective
Injective is a Layer-1 blockchain built specifically for financial applications. As of mid-October 2026, it hosts 135 active RWA perpetual markets.
A perpetual is a futures-style contract with no expiration date. It lets traders bet on an asset’s price without ever owning the asset itself.
Equities make up the bulk of the lineup, with more than 111 stock markets. The rest covers foreign exchange, commodities and indices.
Then there’s the eyebrow-raiser: pre-IPO assets. Injective lists markets tied to private companies like SpaceX and OpenAI. Neither trades on a public exchange.
The volume picture
Cumulative trading volume across Injective’s RWA perpetual markets has passed $5.3 billion since early 2025.
Monthly activity hit roughly $210 million in August 2026.
The regulatory move that changes the conversation
On October 12, 2026, Injective became the first Layer-1 blockchain registered as an SEC transfer agent.
A transfer agent keeps the official record of who owns a security. With that registration, Injective can keep securities ownership records on-chain in a compliant way.
The distinction matters. A perpetual tracks a price. A tokenized security registered through a transfer agent is meant to represent legal ownership.
The registration followed a new whitepaper published on October 7, 2026. That document laid out three main features: native RWA issuance, role-based permissions, and iAssets, a set of derivatives products.
Role-based permissions let issuers control who can hold or move certain assets — a capability regulated securities generally require.
Beyond derivatives: mortgages on-chain
More than $1 billion worth of mortgage records have been tokenized on-chain. Pineapple Financial is aiming for more than $10 billion in total tokenization.
What this means
For traders, the appeal is access. Equities, FX, commodities and pre-IPO names all sit in one on-chain venue.
Pre-IPO perpetuals track companies with no public price discovery, which can make valuations hard to anchor. Thinly traded markets can also see sharp swings and wide spreads.
A few things are worth tracking from here. First, whether monthly RWA volume climbs meaningfully above the roughly $210 million recorded in August. Second, whether the transfer agent status leads to native securities issuance on the chain. Third, whether Pineapple Financial moves closer to its $10 billion tokenization goal.
Disclosure: This article was edited by Vivian Nguyen. For more information on how we create and review content, see our Editorial Policy.
Rocket Pool’s community has voted to give rETH holders a protocol-level path to withdraw their ETH. It also voted to leave one of the protocol’s most debated settings exactly where it is.
Through Snapshot votes held in late September and early October 2026, voters backed RPIP-71, a proposal that adds new withdrawal liquidity mechanics for rETH. They also kept the 4 ETH bond requirement for megapool validators, rejecting options to cut it to 1.5 ETH or raise it to 6 ETH.
None of this is live yet. The full Saturn 2 upgrade package still needs final ratification before it ships.
What voters actually approved
RPIP-71 aims to make redeeming rETH smoother. When withdrawal requests come in, the protocol can trigger random exits from megapools to free up ETH for redemptions. The random selection matters because it means no single operator is singled out to fund every exit.
Those exits still respect Ethereum’s exit queue. Validators can’t leave the network all at once, so redemptions will move at the pace Ethereum allows, not instantly.
The bond stays at 4 ETH
The bond is the ETH a node operator puts up themselves before running a validator that also uses pooled ETH from rETH holders. Voters had two alternatives on the table. One would have lowered the bond to 1.5 ETH, and the other would have raised it to 6 ETH. Both lost. The 4 ETH requirement, which arrived with the Saturn 1 upgrade in February 2026, survives intact.
What else is in Saturn 2
RPIP-73 adds protections against validator underperformance. Forced exit mechanisms, covered under RPIP-44 and RPIP-80, are also part of the bundle, giving the protocol tools to push validators out when needed rather than waiting for operators to leave voluntarily.
RPIP-85, which proposed expanded onchain signal voting, was deferred. Snapshot remains the main venue for community signaling.
The timeline from devnet to mainnet
Development work on Saturn 2 is already underway. An initial devnet is expected to launch in late October 2026. Mainnet deployment has been discussed for 2027, pending final ratification.
Saturn 1 introduced significant changes in February 2026, including the 4 ETH bond and new liquidity initiatives. Saturn 2 builds on that foundation with a focus on rETH holder experience and peg stability.
Where the protocol stands now
As of October 12, 2026, rETH supply sat at approximately 315,605. The network counted around 18,000 validators and 1,414 node operators.
What this means for rETH holders and operators
For rETH holders, a protocol-level redemption route reduces dependence on secondary market liquidity when someone wants to exit. Redemptions tied to Ethereum’s validator exits inherit Ethereum’s pacing, so holders get a reliable door, not a revolving one.
For node operators, keeping the bond at 4 ETH removes uncertainty over capital requirements. Random megapool exits mean any operator’s validator could be selected to fund redemptions. The underperformance protections in RPIP-73 and the forced exit tools in RPIP-44 and RPIP-80 give the protocol tighter control over its validator set.
Deferring RPIP-85 means Rocket Pool keeps its current governance setup, with Snapshot remaining the main venue for community signaling.
Disclosure: This article was edited by Estefano Gomez. For more information on how we create and review content, see our Editorial Policy.
Alchemix has put its paperwork on the table. The DeFi protocol known for self-repaying loans filed a B2 Token Transparency Filing with Blockworks, laying out how it is governed, how its token works, and how the business is performing.
The filing landed on October 8, 2026, and completion was announced on October 14. It spans the protocol’s operating framework, governance setup, tokenomics and financial results.
Alchemix offers loans that pay themselves off using the yield generated by the borrower’s collateral. Borrowers face no interest and no liquidations.
Version 3 folds saving and borrowing into vaults powered by Mix-Yield Tokens, or MYT. Users can borrow up to 90% of their collateral’s value. Their deposits keep earning yield the whole time. V3 also brings diversified yield strategies and a fixed-duration redemption feature called the Transmuter. The migration wrapped up in April 2026 across three chains.
Governance without a foundation
The protocol has no foundation and no traditional corporate entity running the show. The Alchemix DAO operates through a multisig, a wallet that requires several signers to approve actions rather than one person with a password.
The DAO issued the ALCX token and governs the project, which is released under a Business Source License.
There is one legal entity in the picture. The Alchemix Association is a Swiss Verein, a type of nonprofit association, set up under governance proposal AIP-113. It has no power to execute transactions or upgrade the protocol.
Token supply and emissions
ALCX launched in March 2021 with a pre-mine of 478,612 tokens. That initial batch included allocations for the DAO treasury and bug bounties.
Since March 2024, the protocol has followed a long-tail emission schedule of 2,200 ALCX per week.
The first v3 quarter
The Q2 2026 financial report is the first since v3 went live. Alchemix generated approximately $329,000 in revenue during the quarter, a 34% increase over the previous quarter. Mainnet stablecoin deposits rose 73% to $7.41 million over the same period.
What this means
The filing reduces the guesswork on who controls upgrades, how many tokens enter circulation, and what the protocol earns. Alchemix’s disclosure draws a clear line between the DAO, the multisig and the Swiss Association.
At 2,200 ALCX per week, new supply keeps arriving whether or not revenue keeps climbing. If protocol earnings grow faster than token issuance, that pressure becomes easier to absorb.
Things to monitor from here: the Q3 2026 financial report, any governance proposals that touch the multisig or the Association’s mandate, and how deposits behave across the three chains now running v3.
Disclosure: This article was edited by Estefano Gomez. For more information on how we create and review content, see our Editorial Policy.
A shared token vesting pool run by UNCX Network was exploited on Ethereum, with roughly $86,000 in tokens pulled out in a single transaction, according to security firm Blockaid.
The more uncomfortable number is the one left behind. The affected contract still held approximately $3.25 million in assets after the drain, and Blockaid flagged the attack as ongoing when it was detected.
How the vesting pool exploit worked
Blockaid reported the incident on October 14, 2026. The firm said one identified transaction took five different tokens out of the pool.
The method relied on bending the contract’s own vesting logic. Per Blockaid, the attacker opened fresh vesting positions, released and donated tokens in a deliberate sequence, then canceled those positions. That cancellation step is where other people’s money walked out the door. The process let the attacker withdraw assets that other users had locked in the same pool.
Blockaid made the exploiter addresses and a sample transaction public. That gives other security teams and onchain sleuths something concrete to trace, though publishing them does not, by itself, recover anything.
UNCX’s track record and what was hit
UNCX Network has operated since 2020 as a multi-chain platform for liquidity locking and token vesting. The protocol has reported over $164 million in total value locked since 2020 and more than 74,000 locks created.
The exploit targeted a shared vesting pool, not the individual locks or the core liquidity features UNCX is best known for. That distinction matters for users trying to work out whether they are exposed.
There was no immediate public response from the UNCX team at the time of Blockaid’s report.
What this means for token teams and DeFi users
The immediate concern is the approximately $3.25 million still sitting in the affected contract. If the attack path remained open, as Blockaid indicated it was at detection, the $86,000 drained so far may describe the opening act rather than the full bill.
Projects that use UNCX for vesting should check which contract their tokens sit in. Individual locks and liquidity locks were not the reported target, but teams will want confirmation rather than assumptions.
Five tokens were taken in the identified transaction. For smaller projects with thin liquidity, even a modest unscheduled release can weigh on price, though the effect would depend on each token’s market depth.
The broader lesson is structural. Shared contracts trade isolation for convenience, and this incident shows the cost of that trade when the internal bookkeeping can be gamed. Create, release, donate, cancel: none of those actions sounds hostile on its own, which is exactly what made the sequence dangerous.
The role of real-time monitoring also stands out. Blockaid caught the activity while it was still unfolding and published addresses and a transaction sample.
What to watch next: whether UNCX issues a statement explaining the flaw, whether the remaining balance in the contract is secured or migrated, and whether affected projects receive any form of reimbursement.
Disclosure: This article was edited by Estefano Gomez. For more information on how we create and review content, see our Editorial Policy.
A hacker drained about $86,000 from UNCX Network’s shared token vesting pool on Ethereum on Wednesday, taking tokens other projects had locked away. Security firm Blockaid said the attack was still running.
UNCX, formerly UniCrypt, sells crypto projects a way to lock up their own tokens so insiders cannot sell early. Its contracts hold about $179.7 million across blockchains, with $111.4 million on Ethereum.
How Did the Attacker Withdraw Tokens Belonging to Others?Blockaid said the loss came through a single draining transaction. Many projects’ locked tokens sit together in the same pool.
The attacker first opened several vesting positions there. A vesting position is a slot that holds tokens and releases them on a set schedule.
Next, the attacker released one large position and sent extra tokens into the pool. They then cancelled a position that had been topped up.
That move left behind a tiny leftover position. According to Blockaid, that small slot could then withdraw tokens owned by other users.
UNCX’s own guide describes vested tokens as time-locked in an audited contract.
“cannot be sent, sold, added to liquidity or staked,” an excerpt in the guide reads.
Blockaid named two exploiter wallets. Etherscan showed one of them holding about $5,874 across eight transactions.
🚨 Blockaid detected an ongoing exploit on @UNCX_token on ethereum.
~$86k drained from the shared vesting pool so far across 1 drain tx. Attack still ongoing. 🧵
— Blockaid (@blockaid_) October 14, 2026 Why an $86,000 Loss Still Matters for Small ProjectsUNCX had not posted a public statement on the UNCX exploit by publication time.
The platform’s own token barely reacted. UNCX Network (UNCX) traded at $24.80, up 0.16% in 24 hours, according to BeInCrypto data. Its total market value stands near $905,000.
UNCX Network (UNCX) Price Performance. Source: BeInCryptoSmall losses can still sink a project. Decentralized exchange Full Sail wound down after a hack that cost roughly $91,000 in August.
Older contract code has also been hit. Notional Finance lost $1.73 million through an integer overflow bug in legacy contracts in September.
Token lockers exist so buyers can check that insiders cannot dump supply. The open questions are which projects lost tokens and whether UNCX can halt the pool before further withdrawals.
Aptos price has slipped below $0.80 following its recent rally, with weakening daily momentum and a bearish weekly trend putting the $0.76–$0.78 support area in focus after its investor vesting cycle ended.
Summary
APT traded near $0.795 on Oct. 14, with its daily candle showing a 4.99% decline. Daily MACD recorded a bearish crossover, while Chaikin Money Flow slipped below zero. Weekly Supertrend remained bearish at $0.9652, above the token’s current trading price. Scheduled monthly releases fell to approximately 4.54 million APT after investor and contributor vesting ended. TradingView’s Binance APT/USDT daily chart showed Aptos trading at $0.7951 on Oct. 14, down from a daily opening price of $0.8368. The token reached an intraday high of $0.8496 before falling to $0.7867.
The weekly chart also showed a retreat, with APT down 11.77% from its weekly opening price of $0.9012. Its weekly range extended from $0.7613 to $0.9155, placing the token closer to the lower end of that range.
The daily chart showed APT recovering from the roughly $0.50–$0.60 region during September before moving above $0.80. October’s pullback has taken the token back below that level, while recent highs remain around $0.90–$0.92.
Aptos unlock reduction leaves continuing monthly releases Aptos Foundation’s February tokenomics update said the four-year unlock cycle for initial investors and core contributors would conclude in October 2026, reducing annualized scheduled unlocks by approximately 60%.
Staking provider Everstake’s schedule review placed the final release for those two groups on Sept. 12, with the vesting period formally ending on Oct. 12. Their combined monthly allocation previously accounted for about 6.77 million APT.
With those allocations completed, scheduled monthly releases decline from approximately 11.31 million to 4.54 million APT. The remaining releases come from the community and Foundation pools.
The reduction concerns the release of previously allocated tokens. Staking rewards remain a separate source of new APT, while tokens already unlocked remain available to their holders.
APT’s price retreat coincided with the formal end of the vesting period, but neither the unlock schedule nor the price charts establish that recipients sold tokens during the decline.
Daily MACD turns bearish as money flow weakens TradingView’s daily chart showed the moving average convergence divergence line at 0.0303, below its signal line at 0.0369. The resulting histogram reading was negative at −0.0066.
Aptos price daily chart — Oct. 14 | Source: TradingView Both lines remained above zero, preserving part of the momentum built during the September recovery. However, the MACD line’s move below the signal line formed a bearish crossover, while recent histogram bars turned red.
The daily Chaikin Money Flow reading also fell to −0.03. The volume-weighted indicator moved below its zero line after spending much of the recent recovery in positive territory.
Together, the two indicators showed weaker momentum and money flow as APT lost $0.80. The daily chart still placed the token above its August and early-September lows, but below October’s recent peaks.
On the price chart, the $0.84–$0.85 region contains the latest daily high and several recent trading swings. Above that area, October’s highs around $0.90–$0.92 form the next visible resistance zone.
Below the current price, the daily low near $0.787 and weekly low near $0.761 define the closest observed support references. Earlier trading activity sits farther down around $0.70 and $0.60.
Weekly Supertrend remains above Aptos price TradingView’s weekly Supertrend stood at $0.9652 and remained red, leaving APT below the indicator’s trend boundary despite its rebound from September’s lows.
Aptos price weekly chart — Oct. 14 | Source: TradingView The weekly chart showed a broader sequence of falling highs extending through 2025 and 2026. The recent recovery remained near the bottom of that longer price history, well below previous trading ranges above $1.
The weekly average directional index measured 26.10 and was declining from earlier readings above 40. ADX measures trend strength rather than direction; the falling reading showed that the established trend had weakened, while Supertrend continued to display a bearish signal.
A recovery toward $0.90 would therefore leave APT below the weekly Supertrend. The indicator’s $0.9652 reading sits close to the $1 level discussed in bullish market commentary.
An analyst publishing as Phoenix described an upward structure from August’s lows in an Oct. 14 post and projected consolidation above the 200-period moving average. The analyst also claimed large holders were accumulating and identified $1 as an upside objective.
That outlook contrasts with the latest daily price decline and negative money-flow reading. Phoenix’s accumulation claim remains the analyst’s interpretation, rather than a holder-flow figure shown by the daily or weekly charts.
Liquidation clusters build above the current price CoinGlass’s three-day liquidation heatmap showed APT falling from above $0.92 toward $0.79 between late Oct. 11 and Oct. 14, interrupted by rebounds around $0.86 and $0.85.
Aptos liquidation heatmap | Source: CoinGlass At the right edge of the heatmap, nearby estimated liquidation bands appeared around $0.80–$0.81. Larger overhead concentrations were visible near $0.86–$0.89, followed by brighter bands around $0.91–$0.94.
Below the price, estimated liquidation concentrations appeared near $0.785, with additional bands around $0.77–$0.78. Those levels overlap the lower portion of the token’s weekly trading range.
Alongside the supply change, Aptos announced an optional transaction-encryption feature on mainnet on Oct. 12. The Foundation said Petra supports the feature and Decibel plans to use it to protect pending orders.
The network’s broader institutional connection includes U.S. asset managers BlackRock, Franklin Templeton and Apollo, which Aptos identified in its ecosystem update. Its May announcement also outlined more than $50 million in commitments across products, research, infrastructure, trading and AI partners.
For the immediate price setup, TradingView’s charts place APT between support near $0.76–$0.78 and resistance around $0.84–$0.85, with the weekly Supertrend farther overhead at $0.9652.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
Arbitrum has a new USDG/USDC pool live on Uniswap, using the StablePair hook's dynamic fees to keep Global Dollar (USDG) trading close to parity.
Arbitrum (@arbitrum) has added another trading venue for USDG, with a new USDG/USDC pool now live on Uniswap (@Uniswap). The pool uses Uniswap's StablePair hook, which applies dynamic fees to stablecoin pairs to keep spreads tight and prices close to parity.
USDG's market cap topped $31 million within five days of launch on Arbitrum, according to figures shared by Arbitrum.
How the StablePair hook worksStablePair is a Uniswap v4 hook built for stablecoin pairs. Uniswap Labs introduced it on September 10, initially with USDC/USDG and USDC/USDT pools on Ethereum mainnet, according to Blockchain Reporter. It replaces a static liquidity provider fee with a dynamic one.
The logic is straightforward. According to reporting on the launch, the system measures how far a pool's price has moved from its 1:1 reference rate and whether a proposed trade pushes the price closer to or farther from it. Fees are then set for each swap on that basis. Uniswap Labs has argued that static fees hand most of the value from correcting a price drift to arbitrage bots, while a dynamic fee returns more of it to liquidity providers.
The Arbitrum deployment is tracked in Uniswap's public hook registry, which lists a StablePairHook contract as the hook for the USDG/USDC v4 pool on Arbitrum.
USDG's expansion on ArbitrumThe new pool follows USDG's launch on the network earlier this month. CoinDesk reported that Arbitrum joined the Paxos-led Global Dollar Network, with integrations spanning Fluid, Morpho, GMX, Maple, Li.Fi, LayerZero and Kraken, and Uniswap set to follow. USDG is issued by Paxos and backed one-for-one by dollar reserves.
The network's model shares reserve-generated rewards with partners that help drive adoption. CoinDesk noted that the Global Dollar Network has more than 150 partners, including Robinhood, Kraken, Mastercard and OKX, and that Arbitrum holds about $3.8 billion in stablecoins, roughly 60% of it in Circle's USDC, citing DefiLlama data.
Cointelegraph reported that a proposal submitted to ArbitrumDAO would add 100 million ARB to an incentive program to support USDG adoption and liquidity. That proposal is not yet confirmed as approved.
For traders, the Uniswap pool adds another route to swap between USDG and USDC on Arbitrum, and a venue for liquidity providers to earn fees.
Sources:
CoinDesk: Arbitrum joins Paxos-led Global Dollar Network as USDG lands on Ethereum L2Cointelegraph: Paxos Expands USDG Stablecoin to ArbitrumBlockchain Reporter: Uniswap Launches StablePair Hook For Stable Pairs
Payment firm Lydian has announced that its merchant checkout application Lydian Pay is now available on Apple App Store and Google Play. Merchants can download the free app on their existing smartphones or tablets, complete verification, and start accepting payments—no card readers, contracts, or additional hardware required. Customers pay via digital asset wallets, while merchants settle funds to their existing bank accounts in local fiat currency. Lydian does not hold custody of merchants’ funds, and payment records can be reconciled through the Lydian Merchant Portal. The app supports merchants to select their accepted wallets, assets, and networks; it currently covers assets including USDT, USDC, BTC, ETH, TRX, and networks such as Ethereum, Tron, Polygon, Solana, Arbitrum, Base, and Bitcoin.
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Ledger: German retail and distribution inventory devices show no signs of tampering, and no financial loss reports have been received across Europe.
Hardware wallet provider Ledger’s security team Donjon has updated on a German-related report, stating that after receiving a report from a German user, it inspected inventory devices at retail outlets and distributors in the country, including products at the named stores, and found no signs of tampering. Ledger also noted that there have been no reports of financial losses linked to hardware implants across Europe. Separately, regarding the suspected abnormal devices circulating online, the security team has not obtained physical units for testing. It has now invited holders of such devices to send them to Ledger’s security team for further analysis, with investigation results to be made public.
41 minutes ago
Hyperliquid HIP-3 Cumulative Revenue Reaches $75 Million
Hyperliquid’s HIP-3 has generated a total of $75 million in cumulative revenue, with $37.5 million going to deployers and the remaining $37.5 million allocated for repurchasing and burning Hyperliquid’s native token. HIP-3, the Builder-deployed perpetual contract mechanism, allows eligible deployers to launch their own perpetual markets on Hyperliquid: they can define oracles, contract specifications, and manage operations, while leveraging the protocol’s core infrastructure such as order books and liquidation systems. Fees from these markets are typically split 50/50 between deployers and the protocol, with the protocol’s revenue share used for token repurchases and burns.
Beating AI Express News: xAI has launched its speech-to-speech model Grok Voice 3.0, claiming it ranks first on the Speech-to-Speech Index in an independent test by Artificial Analysis, scoring 86.9 points—higher than Grok Voice 2.0 (81.3), GPT-Live-1 (83.2), and Gemini 3.8 Live (82.6). The model also features end-to-end latency of under 1 second. It is now available via the Voice Agent API, priced at $0.08 per minute, matching the previous generation; agents using the "grok-voice-latest" tag will automatically switch to the new model. According to xAI, Grok Voice handles millions of daily conversations for Tesla and SpaceX: Starlink’s customer service center receives around 20,000 calls daily, with roughly 70% resolved without human intervention, and about a quarter of sales calls resulting in a purchase before the call ends. On benchmarks, Grok Voice scores 74% accuracy on ServiceNow EVA-Bench and 71.6% on τ-Voice, which the company says is comparable to GPT-Live-1 but with roughly 40% lower latency.
41 minutes ago
White House Crypto Committee 'effectively defunct' as Executive Director Patrick Witt’s secondment is set to expire.
Crypto journalist Eleanor Terrett said she emailed the White House three times over the past week to inquire whether Patrick Witt still serves as executive director of the White House Crypto Council, and received no reply. Witt himself declined to comment. Sources familiar with the matter disclosed that Witt, a U.S. Department of Defense employee temporarily seconded to the White House Crypto Council, has reached or is nearing the end of his secondment, with his reappointment status unclear. Earlier this year, he delayed his service in the Georgia National Guard, and is expected to resume his military service soon. Terrett added that Harry Jung, deputy director of the White House Crypto Council, left his post at the end of July, and after David Sacks’ tenure as Crypto and AI “tsar” concluded, Witt is now the only remaining staff member of the council. The crypto policy community is now debating: after the CLARITY Act (officially the Crypto Market Structure Act) failed to advance in the Senate, whether the White House still prioritizes the crypto industry. The relevant personnel changes have not yet been officially confirmed by the White House.
41 minutes ago
US stocks slump, with the optical communication sector leading the decline; semiconductor, storage, and crypto-related stocks all fall across the board, and Strategy drops 5.8%.
According to market data from BIT (bit.com), during U.S. stock trading hours, the S&P 500 index’s decline widened to 1.1%, the Nasdaq fell 1.64%, and the Dow Jones Industrial Average dropped 0.3%. Semiconductor, storage, optical communication, and crypto-related stocks all fell across the board, with the optical communication sector leading losses, as most major individual stocks in the sector declined by over 7%. In the semiconductor and storage sectors: Seagate Technology (STX) fell 2.8%; Western Digital (WDC) dropped 3.2%; SanDisk (SNDK) declined 4.7%; Micron Technology (MU) fell 3.3%; NVIDIA (NVDA) dropped 2.9%; Intel (INTC) fell 4.2%; Advanced Micro Devices (AMD) declined 5.3%. Among crypto-related stocks: Strategy (MSTR) fell 5.8%; Coinbase (COIN) dropped 4.6%; Circle (CRCL) declined 6.4%; BitMine Immersion (BMNR) fell 5.3%; SharpLink Gaming (SBET) dropped 7.4%. In the optical communication sector: Pure Photonics ETF (FOTO) fell 6.2%; Marvell Technology (MRVL) dropped 5.8%; AAOI (Applied Optoelectronics) declined 9.8%; LITE (Lumentum Holdings) fell 7.2%; COHR (Coherent Corp.) dropped 7.8%; CIEN (Ciena Corporation) declined 7.8%.
41 minutes ago
USDC designated as EU's first 'systemically important e-money token'
The European Banking Authority (EBA) announced that it has classified USDC, issued by Circle Internet Financial Europe SAS, as an Important Electronic Money Token (EMT) under the EU’s Markets in Crypto-Assets (MiCA) regulation. To date, 45 EMTs in the EU have completed notification under MiCA, with USDC being the first to be designated as an Important EMT. Starting November 12, 2026, USDC will be subject to dual supervision for Important EMTs under MiCA: direct regulatory responsibilities for own funds, asset reserves, liquidity requirements, and recovery and redemption plans will be transferred from the French Prudential Supervision and Resolution Authority (ACPR) to the EBA; ACPR will retain oversight of governance, qualifying holdings, suitability assessments, outsourcing, and conflicts of interest. USDC is issued by Circle Internet Financial Europe SAS in the EU and Circle Internet Financial, LLC in the U.S. The EBA has signed a memorandum of understanding (MoU) with the New York State Department of Financial Services to facilitate cooperation and information exchange on cross-border stablecoin activities.
PANews, October 14 – According to official sources, Gate founder and CEO Dr. Han recently sat down for an exclusive interview with Fortune, sharing Gate's strategic thinking on evolving from a crypto asset trading platform into an integrated financial services application. During TOKEN2049 Singapore, Gate officially launched Gate Money, built around the core concept of "One Gate, Everything Money," bringing fiat currency, digital assets, stocks, ETFs, gold, bank accounts and payments together on a single platform. Users in eligible regions can open a global bank account in their own name online, with support for receiving more than 60 local currencies to be added in the future. Gate Card bridges assets and spending scenarios, allowing multiple asset types – including fiat currency, digital assets, tokenized gold and stocks – to be used more flexibly for everyday payments. Gate Money also supports QR code payments via local payment codes in certain countries and regions.
Dr. Han said that, building on Gate's long-accumulated capabilities in trading, liquidity and asset services, Gate Money expands fund management and real-world payment scenarios. In his vision: "In users' perception, assets are inherently a whole; even if they exist in five different forms, they should be managed in a unified way within a single app." Therefore, Gate Money aims to let users complete holding, trading, exchanging, yield management and spending within the same account, while offering more options for the flow between different asset forms – rather than making judgments on users' behalf.
At present, Gate has served more than 61 million users worldwide, covering over 130 countries and regions. Looking ahead to the next five years, Dr. Han expects the tokenization of traditional assets to continue advancing, and AI Agents to further change how users manage and use their funds. From serving traders to connecting broader capital needs, Gate is extending its digital asset capabilities into more complete financial life scenarios.
Sui entered October after a sharp token rally. Then its Basecamp conference delivered three announcements that could determine whether investors have something lasting to buy into: Samsung Wallet integration, a Google Cloud project, and a speed record.
At the Singapore event, Sui laid out plans for a future where AI software moves money on people’s behalf.
1. Samsung Could Put Sui in Millions of PhonesSamsung Wallet is integrating USDC transfers over Sui on 82 million US Galaxy devices. Users will be able to send digital dollars without network fees or buying SUI first.
Mysten Labs co-founder Adeniyi Abiodun said: “Our goal has long been to make money movement free and as easy as sending an email.”
The deal could bring new payment activity in the network.
Samsung Wallet is integrating Sui!$USDC on Sui support, built into Samsung Wallet on 82 million U.S. Galaxy devices.
With gasless transfers, $USDC on Sui moves with zero network fees.
Learn more:https://t.co/oi8h9oBAyK
— Sui (@SuiNetwork) October 8, 2026 2. Google Cloud Tackles AI’s Trust ProblemMysten Labs and Google Cloud are developing Verifiable Agent Arbiter, designed to prove whether AI agents followed instructions.
Activity records stay private, with cryptographic proofs written to Walrus and Sui.
Mysten Labs CEO Evan Cheng said: “AI agents are starting to make decisions with financial and legal consequences, and we need systems to ensure they cannot exceed their authority. This requires evidence any counterparty can verify.”
Walrus Foundation’s Kimberly Logan added: “Verifiable Agent Arbiter enables companies and individuals to prove their agents acted within the bounds of their authority, and they can prove it anywhere to anyone in a fully trustless way. This is going to support agentic workflows across trust boundaries and industries, unlocking the types of experiences that we previously could only talk about in the abstract. And this is one of the biggest companies in the world acknowledging that a credibly neutral layer is the only place where this can happen.”
3. Sui Demonstrates 40 Million Transactions Per SecondSui reported 40.6 million transactions per second in a live stress test, using programmable offchain tunnels that ultimately settle to its blockchain.
This could make machine payments cheaper. Crucially, the figure measures activity inside those tunnels, rather than 40 million transactions directly executed on mainnet.
SUI BASECAMP 2026:
HERE’S EVERYTHING ANNOUNCED, FROM SAMSUNG WALLET TO A 40.6M TPS DEMO
Sui wrapped up its two-day Basecamp event in Singapore with major announcements across payments, AI, Bitcoin finance and blockchain infrastructure.
Samsung Wallet is integrating USDC on…
— Wall St Engine (@wallstengine) October 8, 2026 What Does This Mean for SUI’s Market Performance?SUI rallied nearly 50% in September. The announcements strengthen Sui’s adoption prospects, but their effect on SUI demand remains uncertain.
These developments could broaden Sui’s appeal beyond crypto traders, opening the network to several new markets.
Samsung Wallet offers the clearest path to mainstream adoption. It could bring everyday consumers and payment providers onto Sui, particularly those using stablecoins for international transfers.
However, more USDC transactions do not automatically mean greater demand for SUI.
Meanwhile, Google Cloud’s collaboration targets institutional adoption.
Banks and other enterprises developing AI agents could use Sui and Walrus to verify automated financial decisions and meet compliance requirements. Actual enterprise deployments will determine its impact.
Sui Monthly Price Chart. Source: BeInCryptoFor SUI investors, these announcements strengthen the network’s long-term growth prospects. Yet partnerships alone cannot sustain a price rally.
The real test heading into 2027 will be whether Sui converts these opportunities into measurable network usage and stronger demand for its native token.
Arbitrum (ARB) logged 18,033 developer commits in the past 30 days, ahead of Ethereum, Cardano, Sui and Avalanche, according to Chainspect data.
Arbitrum has recorded 18,033 developer commits over the past 30 days, according to data from @chainspect_app. That puts @arbitrum ahead of every other chain tracked, including @Ethereum, @Cardano, @SuiNetwork and @Avax, as activity around the $ARB ecosystem builds into the fourth quarter of 2026.
What the commit data showsDeveloper commits are a widely used proxy for how actively a network's core code is being built and maintained. They do not measure code quality or user adoption, and a high count can reflect many small updates rather than major releases. Even so, sustained volume is often read as a sign of ongoing investment in a protocol.
The latest figure is higher than a reading reported earlier this autumn. CoinMarketCap, citing Chainspect, noted that Arbitrum logged 14,036 commits to its protocol repositories in the previous month, well ahead of Cardano at 4,023 and Sui at 2,746. It linked part of that activity to the development of Robinhood Chain, which is built on Arbitrum technology.
On a cumulative basis, Chainspect's chain page lists more than 214,000 commits and about 2,468 developers for Arbitrum since launch. Chainspect's comparison pages also show Arbitrum with roughly 2.5 times the all-time commits of Avalanche.
Ecosystem context for ARBArbitrum is an Ethereum layer 2 network that launched in 2021. The Arbitrum Foundation's H1 2026 progress report said its Builder's Block developer newsletter published 12 editions in the first half of the year and passed 10,000 subscribers. The report also said the Foundation's 250M ARB Strategic Partnerships Budget, approved by the ArbitrumDAO in October 2024, supports milestone-based partnerships across RWAs, fintech, Arbitrum chains and DeFi.
The same report noted that 92.3% of ARB supply was already unlocked as of August 17, 2026, with the schedule due to finish in March 2027. Developer activity does not by itself determine token performance, and supply dynamics remain a separate factor for $ARB holders to weigh.
Commit counts can also vary depending on which repositories a data provider tracks and how it filters bot or automated activity, so rankings may differ across platforms. Chainspect's methodology is the basis for the figures cited here.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Tether AI Research has released an open-source multilingual automatic speech recognition (ASR) model named QVAC TranscribePsy, which has around 254 million parameters and can run fully on-device—no audio upload to the cloud required. The company noted the model can process audio from smart glasses connected via Bluetooth or Wi-Fi in near real time, and also operate on onboard processors of humanoid robots. On the Core ML version for iPhone 17 Pro Max, transcribing 10 minutes of audio takes roughly 1.65 seconds. According to its published benchmark data, TranscribePsy achieves a word error rate (WER) of 8.02% on the Open ASR Leaderboard, 6.58% on Multilingual LibriSpeech, and 21.56% on Common Voice. Among six tested smartphones, it is the fastest in speed, approximately 2.6 times faster than the second-fastest model. The model supports 25 European languages for laptops and 8 European languages for mobile phones, with model weights and builds in formats including GGUF and Core ML released under the Apache 2.0 license. Tether CEO Paolo Ardoino stated that he hopes advanced speech AI can run locally on users’ own devices, ensuring data does not leave the device.
Relevant content
Ledger: German retail and distribution inventory devices show no signs of tampering, and no financial loss reports have been received across Europe.
Hardware wallet provider Ledger’s security team Donjon has updated on a German-related report, stating that after receiving a report from a German user, it inspected inventory devices at retail outlets and distributors in the country, including products at the named stores, and found no signs of tampering. Ledger also noted that there have been no reports of financial losses linked to hardware implants across Europe. Separately, regarding the suspected abnormal devices circulating online, the security team has not obtained physical units for testing. It has now invited holders of such devices to send them to Ledger’s security team for further analysis, with investigation results to be made public.
16 minutes ago
Hyperliquid HIP-3 Cumulative Revenue Reaches $75 Million
Hyperliquid’s HIP-3 has generated a total of $75 million in cumulative revenue, with $37.5 million going to deployers and the remaining $37.5 million allocated for repurchasing and burning Hyperliquid’s native token. HIP-3, the Builder-deployed perpetual contract mechanism, allows eligible deployers to launch their own perpetual markets on Hyperliquid: they can define oracles, contract specifications, and manage operations, while leveraging the protocol’s core infrastructure such as order books and liquidation systems. Fees from these markets are typically split 50/50 between deployers and the protocol, with the protocol’s revenue share used for token repurchases and burns.
Beating AI Express News: xAI has launched its speech-to-speech model Grok Voice 3.0, claiming it ranks first on the Speech-to-Speech Index in an independent test by Artificial Analysis, scoring 86.9 points—higher than Grok Voice 2.0 (81.3), GPT-Live-1 (83.2), and Gemini 3.8 Live (82.6). The model also features end-to-end latency of under 1 second. It is now available via the Voice Agent API, priced at $0.08 per minute, matching the previous generation; agents using the "grok-voice-latest" tag will automatically switch to the new model. According to xAI, Grok Voice handles millions of daily conversations for Tesla and SpaceX: Starlink’s customer service center receives around 20,000 calls daily, with roughly 70% resolved without human intervention, and about a quarter of sales calls resulting in a purchase before the call ends. On benchmarks, Grok Voice scores 74% accuracy on ServiceNow EVA-Bench and 71.6% on τ-Voice, which the company says is comparable to GPT-Live-1 but with roughly 40% lower latency.
16 minutes ago
White House Crypto Committee 'effectively defunct' as Executive Director Patrick Witt’s secondment is set to expire.
Crypto journalist Eleanor Terrett said she emailed the White House three times over the past week to inquire whether Patrick Witt still serves as executive director of the White House Crypto Council, and received no reply. Witt himself declined to comment. Sources familiar with the matter disclosed that Witt, a U.S. Department of Defense employee temporarily seconded to the White House Crypto Council, has reached or is nearing the end of his secondment, with his reappointment status unclear. Earlier this year, he delayed his service in the Georgia National Guard, and is expected to resume his military service soon. Terrett added that Harry Jung, deputy director of the White House Crypto Council, left his post at the end of July, and after David Sacks’ tenure as Crypto and AI “tsar” concluded, Witt is now the only remaining staff member of the council. The crypto policy community is now debating: after the CLARITY Act (officially the Crypto Market Structure Act) failed to advance in the Senate, whether the White House still prioritizes the crypto industry. The relevant personnel changes have not yet been officially confirmed by the White House.
16 minutes ago
US stocks slump, with the optical communication sector leading the decline; semiconductor, storage, and crypto-related stocks all fall across the board, and Strategy drops 5.8%.
According to market data from BIT (bit.com), during U.S. stock trading hours, the S&P 500 index’s decline widened to 1.1%, the Nasdaq fell 1.64%, and the Dow Jones Industrial Average dropped 0.3%. Semiconductor, storage, optical communication, and crypto-related stocks all fell across the board, with the optical communication sector leading losses, as most major individual stocks in the sector declined by over 7%. In the semiconductor and storage sectors: Seagate Technology (STX) fell 2.8%; Western Digital (WDC) dropped 3.2%; SanDisk (SNDK) declined 4.7%; Micron Technology (MU) fell 3.3%; NVIDIA (NVDA) dropped 2.9%; Intel (INTC) fell 4.2%; Advanced Micro Devices (AMD) declined 5.3%. Among crypto-related stocks: Strategy (MSTR) fell 5.8%; Coinbase (COIN) dropped 4.6%; Circle (CRCL) declined 6.4%; BitMine Immersion (BMNR) fell 5.3%; SharpLink Gaming (SBET) dropped 7.4%. In the optical communication sector: Pure Photonics ETF (FOTO) fell 6.2%; Marvell Technology (MRVL) dropped 5.8%; AAOI (Applied Optoelectronics) declined 9.8%; LITE (Lumentum Holdings) fell 7.2%; COHR (Coherent Corp.) dropped 7.8%; CIEN (Ciena Corporation) declined 7.8%.
16 minutes ago
USDC designated as EU's first 'systemically important e-money token'
The European Banking Authority (EBA) announced that it has classified USDC, issued by Circle Internet Financial Europe SAS, as an Important Electronic Money Token (EMT) under the EU’s Markets in Crypto-Assets (MiCA) regulation. To date, 45 EMTs in the EU have completed notification under MiCA, with USDC being the first to be designated as an Important EMT. Starting November 12, 2026, USDC will be subject to dual supervision for Important EMTs under MiCA: direct regulatory responsibilities for own funds, asset reserves, liquidity requirements, and recovery and redemption plans will be transferred from the French Prudential Supervision and Resolution Authority (ACPR) to the EBA; ACPR will retain oversight of governance, qualifying holdings, suitability assessments, outsourcing, and conflicts of interest. USDC is issued by Circle Internet Financial Europe SAS in the EU and Circle Internet Financial, LLC in the U.S. The EBA has signed a memorandum of understanding (MoU) with the New York State Department of Financial Services to facilitate cooperation and information exchange on cross-border stablecoin activities.
US inflation accelerated to 3.7% in September, coming in above expectations. The result adds another macro risk for Bitcoin just as is close to a key daily support area.
Key Takeaways
Headline CPI rose 0.6% in September and 3.7% year over year.
Core inflation held at 0.3% for the month but reached 2.6% annually.
Gasoline rose 9.1%, while shelter also accelerated during the month.
A daily Bitcoin close above $80,500 remains an immediate chart checkpoint.
PPI, retail sales and a Fed speech could shape the next macro response.
The September report was broader than one jump in gasoline
The Bureau of Labor Statistics said the Consumer Price Index rose 0.6% on a seasonally adjusted basis in September, following a 0.4% increase in August. The annual rate moved to 3.7% from 3.4% in the previous report.
Energy drove much of the monthly increase. Gasoline rose 9.1% and accounted for more than half of the all-items gain, while the wider energy index climbed 5.2%. Over the past year, energy prices were up 20.4%, with gasoline up 34.2%.
However, the report did not point only to fuel costs. Core CPI, which excludes food and energy, rose 0.3% for a second month and accelerated to 2.6% year over year from 2.4%. Shelter increased 0.4% after a 0.3% gain in August, while used cars, airline fares, recreation, education and apparel also rose during the month.
That mix gives markets a more complicated reading than an energy-led spike alone. Higher oil prices can reverse quickly; a firmer core measure and higher shelter costs may be harder for policymakers to dismiss.
Bitcoin’s first move may not settle the inflation question
Stronger-than-expected inflation can push traders to reconsider the timing and scale of future interest-rate cuts. Bond yields and the dollar often react first, and Bitcoin can move alongside broader changes in risk appetite.
Yet the first response to CPI often proves incomplete. Traders initially focus on the headline, then reassess the report’s composition, the response in traditional markets and the next set of economic data. A sharp move immediately after the release can therefore reverse before the daily candle closes.
The daily close leaves $80,500 in focus
Bitcoin’s recent defence of the $81,000 area established the nearby support range now under scrutiny. A daily close above $80,500 could indicate that the market has absorbed the first inflation reaction without losing that structure.
The chart checkpoint
$80,500 is the immediate daily-close level. Intraday volatility may reflect the first response to the CPI data; the close could offer a clearer view of whether buyers are still defending the broader support area.
The $80,000 zone sits just below that checkpoint. A sustained move beneath it could bring $70,500 into focus, where options-market positioning may become less supportive and a decline could become more volatile.
On the upside, $90,000 remains relevant because option sellers may need to adjust their hedges if Bitcoin moves above that area. That process can add momentum when it coincides with stronger spot demand, though it does not guarantee a continued advance.
Thursday’s releases may either reinforce or soften the CPI message
Producer-price data and retail-sales figures are due on Thursday at 12:30 UTC. PPI may offer a further reading on cost pressure earlier in the supply chain, while retail sales could show whether consumer demand remains resilient despite higher prices.
On Friday at 03:30 UTC, Federal Reserve official Kevin Warsh is scheduled to speak. Markets may look for clues about how policymakers are weighing renewed inflation pressure against growth and financial conditions.
Inflation has raised the bar for a sustained recovery
The CPI release delivered a faster headline increase, but it also showed that price pressure extended beyond energy. That leaves Bitcoin facing both an immediate technical test and a macro question that may take several sessions of trading to resolve.
For now, the market can watch whether Bitcoin holds above $80,500 at the daily close, then assess whether Thursday’s data and Friday’s Fed commentary strengthen or weaken the case for tighter financial conditions.
This article is provided for informational purposes only and does not constitute financial or investment advice. Economic data and technical levels can influence markets without determining future price movements.
Author
Kosta has reported on cryptocurrency markets and blockchain infrastructure since 2020, bringing over six years of hands-on experience in the crypto industry built through daily tracking of markets, trends, and emerging blockchain developments. Specializing in Bitcoin on-chain analysis, institutional ETF flows, and digital asset price action, his work at Coindoo has been cited by other news agencies and consistently covers market developments with a focus on data-driven reporting across Bitcoin, Ethereum, Solana, and XRP.
Over the years, Kosta has contributed to multiple crypto media outlets in different regions, authoring over 6,000 articles across the sector. His reporting spans cryptocurrency markets and the broader fintech industry, tracking not only price action but also the technological and regulatory forces shaping the ecosystem.
To support his analysis, Kosta actively leverages on-chain data and metrics from leading platforms such as Santiment, Glassnode, and CryptoQuant, enabling deeper, evidence-based market insights. He believes in the power of transparency and the data that underpins the blockchain ecosystem.
His academic background in Marketing Management from Denmark further complements his analytical approach, adding a strong understanding of communication strategy and content positioning to his work.
Bitcoin falls below 83,000 dollars this Wednesday, October 14, following a higher-than-expected U.S. inflation release. The CPI reaches 3.7% year-on-year in September, versus 3.6% expected. Core inflation also rises to 2.6%. Investors now fear further interest rate hikes by the U.S. Federal Reserve, while the crypto market is already struggling to regain momentum.
In brief
Bitcoin falls below 83,000 dollars after the U.S. CPI release.
Inflation reaches 3.7%, while Core CPI exceeds expectations at 2.6%.
Markets reassess risks of further Fed rate hikes.
Bitcoin plunges below $83,000 after the CPI surprise
The market awaited U.S. inflation figures. They have just been released, and bitcoin reacts immediately. BTC falls below 83,000 dollars after the Bureau of Labor Statistics release. A few hours earlier, it was still trading around 83,500 dollars. Selling pressure resumes as investors were already anticipating a difficult release.
The figures exceed forecasts on two key indicators. Overall inflation reaches 3.7% in September, up from 3.4% in August. Economists had expected 3.6%. Month-on-month, prices rose 0.6%, in line with expectations.
The Core CPI, which excludes food and energy, stands at 2.6% year-on-year. The consensus was 2.5%, after 2.4% in August. Its monthly increase reaches 0.3%, versus 0.2% expected. The surprise is therefore not huge in absolute value. However, it comes at a bad time for bitcoin. The market emerges from several difficult sessions. On October 7, BTC had already fallen below 84,000 dollars with 547 million dollars of crypto liquidations.
The latest inflation data now add macroeconomic pressure to this fragility. U.S. stock futures also fall after the release. Notably, the Nasdaq 100 loses nearly 0.5% in initial reactions.
The Fed could raise its rates longer than expected
The problem for bitcoin mainly comes from U.S. monetary policy. Higher-than-expected inflation reduces the Fed’s room for maneuver. To curb price increases, the central bank may keep rates high or decide on new hikes.
It actually raised its key rate by 25 basis points in September, bringing its range to 3.75-4%. Before the CPI, investors were mainly betting on a pause at the October 28 meeting. The release changes their expectations. According to market data reported by the Financial Times, the estimated probability of a rate hike in October rose from about 22% to 45% after the inflation figures.
Traders also factor in a scenario of three additional 25 basis point hikes over the coming quarters. This schedule remains a market anticipation, not a central bank commitment.
U.S. bonds are already reacting. The two-year Treasury yield reaches about 4.86%, driven by new monetary expectations. For bitcoin, higher bond yields present additional competition. Investors can obtain attractive yields on assets considered less risky.
Funding conditions also remain less favorable for speculative positions. The Fed has not yet made a new decision. It has several other economic statistics to review before its late-October meeting.
Bitcoin risks retesting $80,000
The return below 83,000 dollars puts several price levels back at the center of trading. Bitcoin had already tested the 81,000 dollar zone during previous corrections. The psychological threshold of 80,000 dollars then constitutes another milestone monitored by traders. On the upside, 84,000 and 85,000 dollars remain zones to reclaim to regain some stability.
The market, however, has little room after its recent turbulence. On October 12, Bitcoin’s drop below 82,000 dollars was accompanied by more than 406 million dollars in long position liquidations. These liquidations affected the entire crypto market, not only BTC.
U.S. Bitcoin ETFs also experienced a tough period. Between October 5 and 9, they recorded nearly 679 million dollars in net outflows. Pressure on investors therefore does not come solely from the CPI. The upcoming U.S. producer price release, scheduled for October 15, will provide a new element on inflation’s trend.
Bitcoin will also have to contend with rate expectations until the Fed’s decision on October 28. For now, the dip below 83,000 dollars illustrates BTC’s sensitivity to U.S. economic surprises. Stabilization of monetary expectations could calm sales. A new deterioration would make 80,000 dollars more exposed.
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Evans S.
Fascinated by Bitcoin since 2017, Evariste has continuously researched the subject. While his initial interest was in trading, he now actively seeks to understand all advances centered on cryptocurrencies. As an editor, he strives to consistently deliver high-quality work that reflects the state of the sector as a whole.
DISCLAIMER
The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.
Nick Timiraos, a Wall Street Journal reporter widely known as the "Fed’s mouthpiece," said September’s underlying inflation came in above expectations for the second consecutive month, further bolstering the case for the Federal Reserve to raise interest rates again this year. Last month, Fed officials unanimously voted to hike rates, with nearly all policymakers projecting at the time another increase would come before the end of the year. September’s core CPI, which excludes food and energy prices, rose 0.33% month-over-month, beating nearly all Wall Street economists’ forecasts. Core CPI had climbed 0.29% month-over-month in August. This report raises two key questions for Fed officials. The more urgent one: after policymakers recently signaled they do not plan to adjust rates at their meeting in two weeks, can they still hold off on another hike until December? Some analysts argue that if officials ultimately intend to raise rates, there is little reason to delay, though Fed policymakers have not yet shown signs of reconsidering policy solely based on this single report. The more critical question is how high interest rates will ultimately need to climb. That depends on whether pressures from surging energy prices and the AI investment boom will spread to the broader economy.
Polymarket’s October rate hike odds rose about 25 percentage points to 43%, while unchanged rates held 57%. U.S. CPI inflation climbed to 3.7% in September, exceeding the 3.6% forecast and August’s 3.4% reading. Core CPI gained 0.3% monthly and 2.6% annually, both exceeding forecasts of 0.2% and 2.5%, respectively. September PPI arrives October 15; the October 27–28 Fed decision comes before September PCE on October 29. An inflation miss of just 0.1 percentage point triggered a much larger market repricing on October 14, lifting October rate-hike odds to 43%. September’s consumer price report delivered the catalyst, with annual U.S. CPI inflation reaching 3.7% against a 3.6% forecast. That comparison became a focal point for markets assessing whether inflation progress had stalled before the interest rate decision.
On Polymarket, the probability of a 25-basis-point increase climbed approximately 25 percentage points during Wednesday’s trading. However, unchanged rates retained a 57% probability ahead of the October 27–28 policy meeting. The figures captured a rapid shift in expectations without making another increase the favored outcome.
BREAKING: Market expectations for an October rate hike surge to 43% after US CPI inflation hits its third highest level since September 2023.
October rate hike expectations are up +25 percentage points today.
Another highly uncertain Fed decision is ahead. https://t.co/iyXcr6tbAu pic.twitter.com/NJi0k1ICiK
— The Kobeissi Letter (@KobeissiLetter) October 14, 2026
The report also showed core inflation running above forecasts, placing attention on price pressures beyond gasoline. The difference matters as energy-driven increases and broader inflation carry distinct implications for the central bank’s 2% inflation objective.
September CPI Hits 3.7% as Core Inflation Exceeds Forecasts Headline prices increased 0.6% in September, accelerating from August’s 0.4% monthly gain. Similarly, gasoline costs jumped 9.1% and accounted for more than half the increase. Meanwhile, the broader energy index climbed 5.2%, explaining much of the immediate pressure on household budgets. That left other categories contributing to a report dominated, but not defined, by energy.
Yet the increase extended into other spending categories. Shelter prices rose 0.4%, alongside higher prices for used vehicles, airline fares, medical care, and apparel. Those movements showed that inflation was not confined to fuel. These increases showed price pressure outside energy, an important distinction when interpreting the core inflation figures.
Core consumer prices, excluding food and energy, advanced 0.3% monthly, above the expected 0.2%. Annual core inflation reached 2.6%, compared with forecasts of 2.5% and August’s 2.4%. Both annual inflation readings remained above the central bank’s target.
CME Hike Odds Reach 43.7% Ahead of PPI and October Meeting The Fed had already increased its benchmark rate by 25 basis points to 3.75%–4.00% on September 16. Meeting minutes showed most policymakers considered another increase appropriate before year-end, while keeping decisions dependent on incoming economic data.
The shift was visible beyond Polymarket. CME FedWatch put the likelihood of an October increase at 43.7%, up from 22.1% before the inflation release. That represented a 21.6-percentage-point increase in expectations. Two-year Treasury yields climbed, the dollar strengthened, and U.S. equities declined as financial markets reacted.
Higher borrowing costs also affect liquidity conditions surrounding Bitcoin and Ethereum, although the inflation report provided no cryptocurrency price figures. Attention now turns to September’s Producer Price Index on October 15. September Personal Consumption Expenditures data are also scheduled for October 29, one day after the policy meeting concludes. For now, unchanged rates remain the leading October outcome.
Cardano founder Charles Hoskinson has praised the integration of RealFi yield into Strike Finance, a decentralized finance (DeFi) platform on Cardano.
In a post on X, Hoskinson said RealFi was now available through Strike, calling it one of the best decentralized applications (DApps) on Cardano.
Specifically, the integration allows users to earn returns from RealFi’s yield-generating assets alongside the returns from Strike Finance’s liquidity vaults.
RealFi also welcomed the partnership, saying it was great to see builders supporting each other.
Strike Adds RealFi Yield to Its Liquidity Vaults Strike Finance has integrated RealFi yield into its liquidity vaults, allowing users to earn returns from RealFi alongside Strike’s existing vault earnings. The platform says users can borrow USD at 0% interest against eligible collateral and deposit the borrowed funds into Strike Liquidity Provider (SLP) vaults.
Strike advertised annual percentage rates (APR) of up to 50% on USD. Its interface also showed rates of 49.27% for sUSDrf positions, 37.03% for ADA-backed positions, and 41.29% for a Sundae USDCx/USDM liquidity pool.
Meanwhile, these rates can change depending on market conditions and vault performance, so returns are not guaranteed. Users can access the feature through Strike Finance’s Borrow & Earn platform.
How RealFi Works With Strike RealFi is a Cardano-based protocol that generates yield from real-world financial assets, including U.S. Treasuries, money market funds, and investment-grade credit. By adding RealFi yield to its vaults, Strike aims to combine earnings from these assets with its existing returns.
Users can lock eligible collateral, borrow USD under the advertised 0% interest terms, and invest the borrowed funds in supported SLP vaults.
However, users should remember that returns can fluctuate. Borrowing against collateral also carries liquidation risks if the collateral’s value falls or the position no longer meets the platform’s requirements.
Cardano DeFi Partnership Expands Ultimately, Hoskinson’s support highlights how Cardano-based projects are working together to expand the network’s DeFi ecosystem.
Alright Cardano, RealFi is open for business through Strike. One of the best DApps on Cardano https://t.co/8Zd51NziPM
— Charles Hoskinson (@IOHK_Charles) October 14, 2026
The partnership combines RealFi’s yield from real-world assets with Strike Finance’s platform, which allows users to borrow funds and invest them in liquidity vaults.
However, returns may change depending on market conditions, vault performance, and the risks associated with the assets and collateral.
Coinbase took part in a four-day operation in London from Oct. 6 to 9 targeting West African scam networks.
The UK’s National Crime Agency hosted the event with the U.S. Department of Justice’s Scam Center Strike Force.
Coinbase traced illicit funds, supported asset freezes and shared intelligence with police in real time.
Targeted schemes included fake crypto investments, police impersonation and fake video-call arrests.
The DOJ said U.S. losses from online investment fraud reached $8.65 billion in 2025.
Coinbase has taken part in a joint operation with U.S. and UK law enforcement aimed at scam networks in West Africa. The exchange shared details of its role in a post on Oct. 13.
The four-day operation, called Joint Disruption Week, took place in London from Oct. 6 to 9. The UK’s National Crime Agency hosted it in partnership with the U.S. Department of Justice’s Scam Center Strike Force.
Other participants included the Tech Against Scams coalition and international law enforcement partners. Coinbase said African law enforcement partners also took part.
How Coinbase Traced Scam Funds
Coinbase said its Global Intelligence team followed illicit financial activity during the week. The team also supported efforts to freeze assets tied to scam networks and passed information to police in real time.
The company said it linked blockchain transfers with evidence from fake profiles, messaging accounts and websites. Combining these records helped teams find connections between activities that might look unrelated.
The schemes targeted included fake cryptocurrency investments and criminals posing as police officers. Some scammers also staged fake arrests over video calls to pressure victims into sending money.
According to Coinbase, scammers use social media to find victims and messaging apps to build trust. They then use financial services to move stolen funds.
Coinbase Vice President Leah Bressack said earlier work in Southeast Asia showed that “coordinated action across industry and law enforcement works.” She described the London effort as “sustained pressure.”
Coinbase said criminal networks were moving into West Africa as authorities pursued their operations in Southeast Asia.
Earlier Actions Against Scam Networks
The London event followed a Sep. 3 DOJ announcement of an agreement between U.S. and UK authorities. The deal covers joint investigations into crypto investment fraud and other online scams.
Under the agreement, investigators will share information, pursue common targets and decide which country should prosecute overlapping cases. The DOJ said reported U.S. losses from online investment fraud reached $8.65 billion in 2025, up 89% from $4.57 billion in 2023.
In June, Coinbase said it had frozen over $3 million in crypto linked to Southeast Asian scam networks. In that effort, Meta disabled more than 1.4 million accounts, pages and groups, while Microsoft suspended about 20,000 fraudulent accounts.
On Sep. 9, the DOJ said an operation against Xinbi Guarantee and its vendors had restrained over $52 million in crypto. Prosecutors said the vendors advertised money laundering and fake investment websites for scam compounds.
The Treasury’s Financial Crimes Enforcement Network also flagged $12.7 billion in suspicious activity linked to digital asset investment scams. The agency said scam proceeds were usually converted into stablecoins, almost always USDT.
FinCEN noted that these totals do not directly measure victim losses. Some filings include attempted transfers or transactions reported by more than one institution.
Coinbase said investigative work from the London operation is still ongoing. The company said it will keep working with Tech Against Scams and law enforcement partners to target these networks wherever they operate next.
In brief
UK software engineer Lewis Barber is suing the operator of BitMEX, the crypto derivatives exchange that shut down in September, in London's Commercial Court.
Barber wants 324.8 BTC returned, alleging BitMEX traded with him without authorization from the Financial Conduct Authority, the UK's financial regulator.
His lawyers say other UK traders may have similar claims, which could run to hundreds of millions of pounds in total.
A British software engineer is suing the operator of crypto derivatives exchange BitMEX for the return of 324.8 BTC, alleging it traded with him in the UK without regulatory approval, according to The Guardian and particulars of claim reviewed by Decrypt.
The Bitcoin was worth £20.4 million on October 1, the claim says, or about $27.2 million by Decrypt's calculation using the claim's exchange rates.
Lewis Barber, who brought the claim against BitMEX operator HDR Global Trading, entered into around 2,294 trades on the exchange between 2018 and 2022 from five accounts, the claim says. It challenges the 1,053 that lost him money.
All of them were perpetual swaps, a derivative similar to a futures contract but with no expiry date. Each trade was a regulated activity that BitMEX was not authorized to carry out in the UK, the claim argues, so none can be enforced against Barber under the Financial Services and Markets Act 2000.
Myriad: When will Bitcoin hit a new all-time high? Click to make your prediction.The claim says BitMEX did not restrict access from the UK, let new users select it as their country of residence, and ran promotional campaigns worldwide, including an advertisement in The Times in January 2019. It also cites a March 2020 warning from the FCA that BitMEX may have been trading regulated investments in the UK without authorization.
Barber also claims damages for deceit, alleging BitMEX knew it was not authorized when it implicitly represented that it could lawfully trade with him. His solicitors wrote to BitMEX rescinding the trades in December 2025, the claim says.
The claim has been filed but not yet formally served on BitMEX, the Guardian reported. "No such claim has been served on HDR Global Trading Limited," a BitMEX spokesperson told the newspaper.
BitMEX also faces a proposed class action in New York alleging theft of Bitcoin and insider trading, which names co-founders Ben Delo, Arthur Hayes and Samuel Reed.
The three co-founders pleaded guilty in 2022 to violating the Bank Secrecy Act through anti-money laundering failures at the exchange, and were pardoned by President Donald Trump in March 2025. BitMEX itself pleaded guilty to Bank Secrecy Act violations in 2024 and was ordered to pay $100 million in January 2025.
BitMEX in the UKBitMEX shut down on September 23, having announced in July that it would close.
Delo gave Reform UK £36 million in September, the largest single donation in British political history, Decrypt reported.
Many other investors are likely to be in a similar position to Barber, his law firm Seladore Legal said in a statement shared with Decrypt, putting the potential total at hundreds of millions of pounds.
"Other UK-based persons may have entered into similar contracts with BitMEX, although whether any individual has a claim will depend on the particular facts and trading history," said Gareth Keillor, a partner at the firm.
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In brief UK software engineer Lewis Barber is suing the operator of BitMEX, the crypto derivatives exchange that shut down in September, in London's Commercial Court. Barber wants 324.8 BTC returned, alleging BitMEX traded with him without authorization from the Financial Conduct Authority, the UK's financial regulator. His lawyers say other UK traders may have similar claims, which could run to hundreds of millions of pounds in total. A British software engineer is suing the operator of crypto derivatives exchange BitMEX for the return of 324.8 BTC, alleging it traded with him in the UK without regulatory approval, according to The Guardian and particulars of claim reviewed by Decrypt.
The Bitcoin was worth £20.4 million on October 1, the claim says, or about $27.2 million by Decrypt's calculation using the claim's exchange rates.
Lewis Barber, who brought the claim against BitMEX operator HDR Global Trading, entered into around 2,294 trades on the exchange between 2018 and 2022 from five accounts, the claim says. It challenges the 1,053 that lost him money.
All of them were perpetual swaps, a derivative similar to a futures contract but with no expiry date. Each trade was a regulated activity that BitMEX was not authorized to carry out in the UK, the claim argues, so none can be enforced against Barber under the Financial Services and Markets Act 2000.
Myriad: When will Bitcoin hit a new all-time high? Click to make your prediction.The claim says BitMEX did not restrict access from the UK, let new users select it as their country of residence, and ran promotional campaigns worldwide, including an advertisement in The Times in January 2019. It also cites a March 2020 warning from the FCA that BitMEX may have been trading regulated investments in the UK without authorization.
Barber also claims damages for deceit, alleging BitMEX knew it was not authorized when it implicitly represented that it could lawfully trade with him. His solicitors wrote to BitMEX rescinding the trades in December 2025, the claim says.
The claim has been filed but not yet formally served on BitMEX, the Guardian reported. "No such claim has been served on HDR Global Trading Limited," a BitMEX spokesperson told the newspaper.
BitMEX also faces a proposed class action in New York alleging theft of Bitcoin and insider trading, which names co-founders Ben Delo, Arthur Hayes and Samuel Reed.
The three co-founders pleaded guilty in 2022 to violating the Bank Secrecy Act through anti-money laundering failures at the exchange, and were pardoned by President Donald Trump in March 2025. BitMEX itself pleaded guilty to Bank Secrecy Act violations in 2024 and was ordered to pay $100 million in January 2025.
BitMEX in the UKBitMEX shut down on September 23, having announced in July that it would close.
Delo gave Reform UK £36 million in September, the largest single donation in British political history, Decrypt reported.
Many other investors are likely to be in a similar position to Barber, his law firm Seladore Legal said in a statement shared with Decrypt, putting the potential total at hundreds of millions of pounds.
"Other UK-based persons may have entered into similar contracts with BitMEX, although whether any individual has a claim will depend on the particular facts and trading history," said Gareth Keillor, a partner at the firm.
Daily Debrief NewsletterStart every day with the top news stories right now, plus original features, a podcast, videos and more.
A UK software engineer has filed a claim in London’s High Court against HDR Global Trading Limited, the company that operated BitMEX. He wants back roughly £20 million worth of Bitcoin, a sum pegged at about $27 million.
His argument is not that he traded badly. It is that he should never have been allowed to trade at all, and that the law therefore entitles him to his losses back.
The claim, in detail The claimant is Lewis Barber. His case targets 1,053 perpetual swap trades that lost money, all placed on BitMEX between 2018 and 2022.
The core of Barber’s case rests on the Financial Services and Markets Act 2000. He alleges that BitMEX carried out regulated investment activity in the UK without authorization from the Financial Conduct Authority.
If that is true, his lawyers argue, the contracts are void. A void contract is treated as though it never legally existed, which would entitle Barber to restitution for what he lost.
The claim also frames the trades as mis-sold. It goes further still, accusing the exchange of deceit.
Why the timing is awkward for BitMEX The filing lands shortly after BitMEX stopped trading. The exchange ceased operations on September 23, 2026, following a strategic review by its board.
Barber’s case is one of several legal challenges now aimed at the firm, including claims tied to allegedly improper liquidations.
The case remains at an early stage. BitMEX has yet to receive formal notice of the claim, so no response from the company has entered the record.
Barber’s legal team is not framing this as a one-off dispute. They say a win could open the door to similar claims from other UK users.
By their estimate, that could expose BitMEX to liabilities running into the hundreds of millions of pounds. That figure is the claimant side’s projection, not a finding by any court.
The regulatory backstory BitMEX and UK regulators are not strangers. The exchange received a warning notice from the FCA back in March 2020, an episode that forms part of the backdrop to Barber’s case.
One name conspicuously absent from the defendant list is Ben Delo. The BitMEX co-founder, who is a notable donor to the political party Reform UK, is not named in the claim.
The suit is aimed squarely at the corporate operator, HDR Global Trading Limited.
Disclosure: This article was edited by John Chen. For more information on how we create and review content, see our Editorial Policy.
Pi Network Price trades near $0.079 on Wednesday, with Bitcoin around $82,300, according to CoinGecko.
Ethereum price stands near $2,440, while XRP trades around $1.35 as hotter inflation weighs on cryptocurrencies. Pi’s upcoming Protocol 28 upgrade offers a potential catalyst for recovery toward $0.10 this week.
The dollar index reached an 18-month high after U.S. CPI inflation exceeded expectations. Markets now anticipate a more hawkish Federal Reserve, potentially restricting demand for speculative assets.
Protocol 28 Upgrade Could Support Pi Network Recovery Pi Network has scheduled its Protocol 28 mainnet upgrade for October 16, according to the project’s official announcement. Node operators were instructed to update their software by October 13 before the network transition. The deadline has passed, placing attention on Friday’s planned activation and whether implementation proceeds smoothly.
BREAKING: 🇺🇸 The dollar index just hit a new 17-month high as US CPI inflation came in higher than expected.
The market is now expecting the Fed to be more hawkish. https://t.co/6P3FuCzubO
— Bull Theory (@BullTheoryio) October 14, 2026
The team says Protocol 28 improves how the network manages delays in transaction data. It also allows developers to update multiple smart contracts together and modify stored information more safely. These changes may improve the technical base for applications, but it remains to be seen how widely these features will be adopted by developers.
If the token successfully activates, it will undoubtedly make its ecosystem more prominent, particularly following its period of weakness. Over time, more applications would be encouraged, and more would participate, due to the extra tools provided to developers. That result might help to build confidence, and any short-term price gain might rely on new market demand.
Pi Coin Price Prediction: Can PI Recover to $0.10 Before the Upgrade? The PI coin traded at $0.07857 on October 14. The last candle was down 1.06% and the price of the token is near the $0.077 support. However, Pi Network price stayed under the $0.09 resistance level, and the bearish momentum made it easier to see the charts heading back towards the $0.10 recovery.
The RSI was weak at 37.10, which is below the neutral point of 50. The MACD line measured approximately -0.00078, below the signal line near -0.00071.
The Pi Network price places immediate support at $0.077, roughly 2% below the displayed price.
Source: TradingView The positive side is that the $0.08 zone might be an early indicator that buyers are coming back. The next levels of resistance are at $0.09, and this would imply a possible profit of some 14% from $0.07857.
Breaking that threshold would put the chart’s $0.10 price goal within reach, which is approximately 27% above the current price.
The gain is what’s different, as the future Pi Network price outlook reveals a 25% increase over approximately $0.08005. If PI Network price can maintain support, break the $0.09 resistance level and develop more upward momentum, then it can rise to $0.10.
The SpaceX stock price has continued to stay in the red, despite a flurry of bullish outlooks for the SPCX stock. Notably, it appears that today’s decline was mostly due to a selloff recorded in the broader financial markets, after the US CPI inflation data exceeded Wall Street forecasts.
Despite that, the market pundits have remained bullish on the SpaceX stock price. Recently, Morgan Stanley has reiterated its $300 price target for SPCX stock and cited key reasons that may help drive the price higher in the near future.
Morgan Stanley Remains Bullish on SpaceX Stock Price, Here’s Why The SpaceX stock price fell around 1.5% at the time of writing to $154.16, while losing more than 8% over the past five trading sessions. However, the dip today in SPCX stock price came amid a selloff recorded in the broader financial sector, especially after the hotter-than-expected US CPI data weighed on market sentiment.
Source: Yahoo Finance Despite that, Morgan Stanley has remained bullish on Elon Musk’s space technology firm, while reiterating its $300 price target for the asset. According to a recent X post from Walter Bloomberg, Morgan Stanley believes investors may be underestimating SpaceX’s ambitions beyond rockets and satellite communications.
Analyst Adam Jonas has reiterated an Overweight rating for the company. His outlook highlights the potential of distributed AI computing as a major growth catalyst. Jonas sees a Distributed Inference Cloud as a potentially overlooked part of SpaceX’s business.
The proposed concept would connect computing resources across networks of AI agents and intelligent robots. Such infrastructure could help machines share computing capabilities and coordinate tasks more efficiently.
Meanwhile, Jonas views SpaceX as a vertically integrated infrastructure company rather than simply a space exploration business. Its operations span rocket launches, launch facilities, ground stations, satellites, solar technology, and data centers. The company is also pursuing telecommunications opportunities and developing AI capabilities.
This broad strategy could give SpaceX several interconnected revenue streams. Its infrastructure could support growing demand for connectivity, computing power, and autonomous technologies. Jonas expects distributed AI and robotic networks to attract greater investor attention over the coming year.
Ron Baron Predicts SPCX to Reach $50 Tln Valuation Amid the bullish outlook from Morgan Stanley, Baron Funds founder Ron Baron has further fueled optimism with his latest comments. Baron believes the company could achieve a valuation between $20 trillion and $50 trillion within a decade. He has also indicated that Elon Musk considers his projections conservative.
Baron identifies Starlink as a major contributor to this potential expansion. He estimates the satellite internet business alone could eventually be worth approximately $14 trillion to $15 trillion.
He also sees significant potential in space-based data centers. These facilities could become another major business if technological and economic challenges prove manageable.
It’s worth noting that a flurry of other market experts have also remained bullish on SpaceX stock price. For context, Pivotal Research has recently raised its target for SPCX stock from $220 to $230, citing its long-term confidence in the asset.
Starknet’s Shadow Accounts allow users to obscure connections between their main wallets and DeFi activity, though transactions remain visible onchain.
Ethereum layer-2 network Starknet has launched a wallet privacy feature that lets users interact with decentralized finance (DeFi) apps without publicly linking activities to their main wallets.
StarkWare, the team behind Starknet, said that its new Shadow Accounts feature creates separate, persistent addresses for individual applications. Users can fund the accounts using shielded balances held in the network’s STRK20 privacy pool. This allows them to maintain lending, trading or other DeFi positions under different onchain identities.
The new privacy feature obscures the connection between the shadow account and the wallet funding it. However, balances, transactions and positions of these shadow accounts remain publicly visible onchain, according to Starknet.
Once integrated into a DeFi application, the feature allows users to connect their wallets, switch from public to private mode and deposit assets into a vault. Their Shadow Accounts then maintain their positions until they withdraw funds back into a shielded balance.
StarkWare said the functionality could eventually extend beyond vaults to liquidity provision, lending, borrowing, staking, derivatives trading, prediction markets and NFT marketplaces.
The launch follows StarkWare’s broader blockchain privacy push. In June, the company introduced its STRK20 privacy framework, which allows private transfers and shielded token balances on Starknet.
Later that month, StarkWare demonstrated a Private Know Your Customer system that enabled users to verify personal information without revealing their full identity documents.
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Starknet launched Shadow Accounts, a feature that separates users’ main wallets from their DeFi activity.
The accounts are separate, persistent addresses for individual apps, funded from the STRK20 privacy pool.
Balances, transactions and positions in Shadow Accounts remain publicly visible onchain.
StarkWare said the feature could later expand to lending, staking, derivatives, prediction markets and NFT marketplaces.
The launch follows StarkWare’s STRK20 privacy framework and Private KYC system, both introduced in June.
Starknet, a layer-2 network built on Ethereum, has launched a new wallet privacy feature for decentralized finance users. The tool is called Shadow Accounts.
The feature lets users interact with DeFi apps without publicly linking that activity to their main wallets. StarkWare, the company behind Starknet, announced the launch on X.
1/ Every app should have a private mode. So we shipped it 🥷
Introducing Shadow Accounts, now live on Starknet.
A new STRK20 privacy primitive that lets apps offer a Public → Private switch, without publicly linking users' activity to their main wallets 🧵 pic.twitter.com/YjKbHX1i0d
— StarkWare (@StarkWareLtd) October 13, 2026
Shadow Accounts create separate addresses for individual applications. These addresses are persistent, meaning they stay in place over time.
How Shadow Accounts Work
Users fund their Shadow Accounts with shielded balances. These balances are held in the network’s STRK20 privacy pool.
This setup allows users to keep lending, trading or other DeFi positions under different onchain identities. Each app can have its own account tied to the same user.
The feature hides the connection between a Shadow Account and the wallet that funds it. This makes it harder to trace the account back to its owner’s main wallet.
The privacy has limits. According to Starknet, the balances, transactions and positions of Shadow Accounts remain publicly visible onchain.
In other words, people can still see what a Shadow Account holds and does. What is hidden is which main wallet sits behind it.
Once a DeFi app integrates the feature, users can connect their wallets and switch from public mode to private mode. They can then deposit assets into a vault.
The Shadow Account holds the user’s positions until they withdraw. At that point, the funds move back into a shielded balance.
Plans to Expand the Feature
For now, the feature centers on vaults. StarkWare said it could eventually extend to other parts of DeFi.
Those areas include liquidity provision, lending, borrowing and staking. The company also listed derivatives trading, prediction markets and NFT marketplaces.
The launch is part of a wider privacy effort by StarkWare this year. The company has released several privacy tools in recent months.
In June, StarkWare introduced its STRK20 privacy framework. The framework allows private transfers and shielded token balances on Starknet.
The STRK20 privacy pool that funds Shadow Accounts is part of this framework. It serves as the base for the new feature.
Later in June, StarkWare demonstrated a Private Know Your Customer system. The system lets users verify personal information without revealing their full identity documents.
Shadow Accounts are now the newest tool in that lineup. Users can access the feature through DeFi apps that choose to integrate it.
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