The US is hoarding Bitcoin (BTC), turning net importer in 2026 for the first time since 2022, while the rest of the world buys dollar stablecoins, Chainalysis data shows.
The 2026 Geography of Crypto report covers the 12 months to July 1. Chainalysis ties the split to need, since Americans already hold dollars and users elsewhere want them without a US bank account.
Why Is the US Hoarding Bitcoin While Everyone Else Wants Dollars?Chainalysis pooled on-chain service inflows, order book volume, and cross-border position into one Bitcoin index. The US scored 0.96 in 2026 against 0.52 elsewhere, a lead of 0.44 that stood at 0.09 in 2024.
The stablecoin index runs the other way. The rest of the world scored 1.00 and the US 0.56, a deficit that was 0.05 in 2024.
US hoarding Bitcoin while rest of world adopts stablecoins, Chainalysis index finds: Source: ChainanlysisAmericans, meanwhile, treat Bitcoin as a scarce store of value. Will Su, Managing Director and Head of Digital Assets Research at BlackRock, described that demand to Chainalysis.
“Investor interest in bitcoin as a monetary alternative remains strong, particularly as government debt and spending reach new highs globally.”
Will Su, BlackRock, via Chainalysis
Flow data fits the pattern. Transfers below $10,000 left the US on net each period, yet those above $10 million alone brought in 53,200 BTC. Chainalysis describes retail sending Bitcoin out and institutions bringing it in.
Which Trade Lasts Longer?Chainalysis says Bitcoin accumulation depends on institutions’ allocation decisions, which shift with market sentiment. Users who adopt digital dollars, it argues, are unlikely to turn back.
Dollar-pegged tokens account for 99.1% of stablecoin volume on exchange order books. Euro-backed tokens hold 0.45%, despite the European Union’s Markets in Crypto-Assets (MiCA) rules for stablecoin issuers.
The crypto economy of the US and Canada has almost doubled in the past 2 years. Source: ChainanalysisStablecoin reserves sit largely in short-dated US government debt, so overseas demand for digital dollars becomes demand for Treasuries. The pattern repeats in tokenized Treasury demand, where Italy, Portugal, and Singapore each hold more value than US holders.
Singapore and Hong Kong have introduced stablecoin licensing frameworks, yet Chainalysis says rules have moved faster than users.
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 a disclosure from the Osmosis Community Hall, the liquid staking token bOSMO issued by Backbone Labs has a redemption contract vulnerability. Since April 2026, the contract has been double-counting OSMO staked by Backbone’s own validators during each redemption, leaving users receiving roughly 50% more OSMO than they are entitled to, with the excess costs covered by other bOSMO holders. To avoid further harm to other holders during community fund pool redemptions, relevant parties redeemed around 776,000 bOSMO in a single transaction on October 10, extracting approximately 1.2997 million OSMO. The OSMO involved in this redemption is expected to complete unbonding on October 24. Osmosis announced it will compensate 1,037 accounts holding bOSMO at the snapshot, totaling about 40,508 OSMO, calculated at a pre-redemption rate of 1.1174 OSMO per bOSMO. The compensation will be automatically distributed after unbonding finishes on October 24, with no action needed from users. However, bOSMO’s asset backing has dropped sharply post-redemption: currently, redeeming 1 bOSMO via Backbone only yields around 0.06 OSMO. As the vulnerability remains unpatched, new bOSMO can still be minted at a cost of roughly 0.039 OSMO, which may cause some liquidity pools to have prices significantly deviating from actual redemption value. Osmosis therefore advises users not to purchase bOSMO or provide liquidity to related pools, and urges existing liquidity providers to withdraw their funds.
Elon Musk paired the words Tesla x SpaceX with the Roadster livestream link, reviving Tesla SpaceX merger speculation. Polymarket bettors, meanwhile, give the car a 60% chance of a Roadster flying for one second or more.
Neither Tesla (TSLA) nor SpaceX (SPCX) has confirmed merger talks, but the post lands as analysts openly debate a deal. The demo of Tesla’s Roadster sports car, unveiled in 2017, reportedly leans on SpaceX thrusters, putting both brands on stage.
Why Does Tesla SpaceX Merger Talk Keep Returning?SpaceX’s push toward a Nasdaq listing brought the merger question back in May.
SpaceX then went public on June 12 at $135 a share, a $1.77 trillion valuation. It was the largest initial public offering (IPO) on record.
SpaceX closed October 14 at a $2.07 trillion market value, while Tesla shares are down about 18% this year.
SpaceX stock peaked at $225.64 within days of the debut, then slid.
SpaceX also absorbed Musk’s AI company xAI in February.
Barclays thinks the likelier route is SpaceX buying Tesla with stock. That would leave Musk with roughly 37% of the equity and 56% of the votes.
The bank sees the gains in integration, not financial engineering. It points to Tesla’s robotaxis and Optimus humanoid robots joining SpaceX’s AI work.
Wedbush analyst Dan Ives made a Tesla-SpaceX merger forecast of better than 80% odds by 2027.
Musk, however, said on Tesla’s July earnings call that any combination would need a proper process.
Will a Flying Roadster Steal the Merger Spotlight?Polymarket posted a photo of a backward-curving ramp at the venue, flagging speculation about a high-speed stunt.
JUST IN: Tesla has erected a towering, backward-curving ramp at tonight's Roadster event, raising speculation about a possible high-speed stunt. pic.twitter.com/qz9eVc1VwE
— Polymarket (@Polymarket) October 15, 2026 Reports say a remotely operated Roadster will hover on SpaceX thrusters that fire compressed gas.
Historically, Wall Street has punished Tesla’s past reveals. Shares fell after the Cybertruck, the 2024 Cybercab robotaxi and a September Cybercab event.
Barclays says a deal could surface before Tesla’s annual shareholder meeting, which must be held by December 6, Bloomberg reported.
A flight would settle the Polymarket market, but only a filing would settle the merger. Either way, markets must price a founder who leads two trillion-dollar public companies.
Fluxers! AI agents can now deploy apps to Flux Cloud entirely on their own. Our friends at Elisym Labs have launched the Flux Gateway agent on the Elisym network: an agent finds the service, gets a quote, pays, and comes back with a live app on the decentralized cloud — no human in the loop.
Try the Flux Gateway agent on Elisym Read the launch announcement What the Flux Gateway does The Flux Gateway is an agent that other agents hire. It offers three things:
A free quote. Describe the app and get its price before committing to anything. Deploy, paid in USDC. Send the deployment and pay in USDC on Solana; the gateway deploys the app on Flux Cloud. A verified public URL, and status. The agent gets back a working public address for its app, and can check on the app’s status whenever it likes. That is the whole loop an autonomous agent needs: discover a service, agree a price, pay, ship, and verify the result.
What Elisym is Elisym is open infrastructure for AI agents to discover and pay each other, with no platform and no middleman. Agents publish what they can do as capability cards on Nostr relays, customers find providers by capability, jobs and results travel over the same relays, and payments settle on chain. Agents built with Claude, Cursor, Windsurf and other MCP clients can join through Elisym’s MCP server, CLI, SDK or agent skills.
In other words, Elisym is an open marketplace where the buyers and sellers are agents. The Flux Gateway puts the decentralized cloud on its shelves.
Decentralized, end to end This is a match that makes sense. Elisym removes the platform between agents; Flux removes the single company between an app and the machines that run it. An agent that discovers the Flux Gateway over open relays and pays on chain now lands its app on thousands of independent nodes across more than 50 countries, with no account, no sign-up form and no gatekeeper anywhere in the path.
Paying in FLUX? Go direct with our MCP server The Flux Gateway is the fastest route for agents already working in USDC on Solana. Agents that hold FLUX can also talk to Flux Cloud directly through our official Flux Cloud MCP server: quote an app in US dollars, deploy it, pay in FLUX, watch it come up, read its logs, update it and cancel it. It is documented in Deploy with AI Agents (MCP), and we explained how we built it in Inside the Flux Cloud MCP Server.
Two open doors into the same decentralized cloud: one for agents paying in USDC through Elisym, one for agents paying in FLUX directly.
More to come This is the start of our work with Elisym. Next up is a joint demo of an agent deploying through the gateway, shared from both teams. Thank you to Elisym Labs for building it — and to every builder out there: point your agent at the Flux Gateway and let it ship.
Tesla’s pre-market shares in the U.S. rose more than 4.5%, while SpaceX gained roughly 2.5%.
According to market data from BIT (bit.com), Tesla’s US pre-market shares rose over 4.5% to $378.3, while SpaceX gained around 2.5% to $152.3. On the news front, Tesla demonstrated the short takeoff and mid-air roll capabilities of its flying car at today’s Roadster launch event, which is equipped with a cold gas thruster developed in collaboration with SpaceX. Additionally, Elon Musk stated that production of the Roadster sports car will commence in 2028.
1 seconds ago
South Korea's Finance Minister and Bank of Korea Governor held a joint meeting with officials from the U.S. Federal Reserve and the U.S. Treasury.
According to Yonhap News Agency, South Korea’s Minister of Economy and Finance and Bank of Korea Governor held a joint meeting with officials from the U.S. Federal Reserve and the U.S. Department of the Treasury. Attendees discussed recent economic conditions as well as economic and financial cooperation between the two countries.
1 seconds ago
Binance Wallet launches DeFi API, covering 10 EVM chains and protocols including Aave, Morpho, Uniswap, etc.
Binance Wallet has announced the launch of its DeFi API, built on its Web3 API infrastructure, allowing developers to integrate DeFi capabilities without needing to connect to each protocol individually. The initial rollout supports 10 EVM chains including BSC, Ethereum, Base, and Robinhood Chain, as well as protocols such as Aave, Morpho, and Uniswap. The API also enables the construction of transactions to add liquidity to supported bStocks liquidity pools. It supports DeFi product discovery, position tracking, protocol insights, and transaction building, with Solana support coming soon.
1 seconds ago
Vercel: Open-source models account for 71.5% of total tokens consumed, with Chinese models driving significant business for US-based inference service providers.
Beating AI Insight News Flash: Vercel releases its latest AI Gateway usage report. In September, open-source models processed 71.5% of the platform’s tokens, but their estimated call fees (based on public pricing) accounted for only 23%. A month earlier, open-source models’ token share stood at just ~56%. DeepSeek led in volume: its models took 58% of tokens but only 6.6% of estimated fees. DeepSeek-V4.1-Flash alone handled nearly half the tokens, contributing just 2.6% of costs. Conversely, MoonShot AI’s Kimi made up 3.6% of tokens but 13.2% of fees. Low-cost models handle most requests, while higher-unit-price models like Kimi K3 drive more spending. A notable trend: Chinese models are generating huge business for U.S. inference service providers. In September, nearly 70% of estimated call fees for Chinese models went to U.S. providers, up from less than 10% in December 2025. DeepSeek itself processed over 80% of its model’s tokens, but U.S. providers charged higher average rates—~40% of fees went to U.S. firms. These providers don’t need to develop their own models; they simply deploy DeepSeek’s open weights, offer compute power and API services, and charge customers. Meanwhile, total AI call fees on Vercel in September were ~13 times higher than in December 2025, while average per-token prices fell 47%. Among active high-volume paying teams, nearly a third switched their most-used model vendor. Enterprises can call different models via a unified API, eliminating the need to integrate with each vendor separately. Even for the same model, users can choose different inference providers. Model developers no longer monopolize call revenue: inference service providers and platforms like Vercel (which control developer access) are also competing for this business.
1 seconds ago
Binance Alpha Launches New Token NeoSoul (DNA)
Binance Alpha has listed the new token NeoSoul (DNA), with a current market capitalization of $115 million and a token price of $0.12.
1 seconds ago
INJ hits a new year-to-date high, with a certain whale realizing a 102% profit.
According to TradingBeats' monitoring, INJ hit an intraday high of $9.37 on Hyperliquid, a new year-to-date peak. The token has risen roughly 30% over the past 24 hours, while open interest for INJ contracts on the platform reached about $12.65 million, up $4.19 million in 24 hours for a 49.5% increase. Whale address 0x8be0…2326c currently holds around 246,900 INJ long positions, with a position value of approximately $2.28 million, an average entry price of $7.68, and uses 5x full leverage. Its unrealized profit stands at roughly $386,000, with a position return of around 102%. The address has been adding to its INJ holdings since October 11; following today's price rally, it trimmed its position slightly but still retains the vast majority of its long positions.
South Korea's Finance Minister and Bank of Korea Governor held a joint meeting with officials from the U.S. Federal Reserve and the U.S. Treasury.
According to Yonhap News Agency, South Korea’s Minister of Economy and Finance and Bank of Korea Governor held a joint meeting with officials from the U.S. Federal Reserve and the U.S. Department of the Treasury. Attendees discussed recent economic conditions as well as economic and financial cooperation between the two countries.
1 seconds ago
Binance Wallet launches DeFi API, covering 10 EVM chains and protocols including Aave, Morpho, Uniswap, etc.
Binance Wallet has announced the launch of its DeFi API, built on its Web3 API infrastructure, allowing developers to integrate DeFi capabilities without needing to connect to each protocol individually. The initial rollout supports 10 EVM chains including BSC, Ethereum, Base, and Robinhood Chain, as well as protocols such as Aave, Morpho, and Uniswap. The API also enables the construction of transactions to add liquidity to supported bStocks liquidity pools. It supports DeFi product discovery, position tracking, protocol insights, and transaction building, with Solana support coming soon.
1 seconds ago
Vercel: Open-source models account for 71.5% of total tokens consumed, with Chinese models driving significant business for US-based inference service providers.
Beating AI Insight News Flash: Vercel releases its latest AI Gateway usage report. In September, open-source models processed 71.5% of the platform’s tokens, but their estimated call fees (based on public pricing) accounted for only 23%. A month earlier, open-source models’ token share stood at just ~56%.
DeepSeek led in volume: its models took 58% of tokens but only 6.6% of estimated fees. DeepSeek-V4.1-Flash alone handled nearly half the tokens, contributing just 2.6% of costs. Conversely, MoonShot AI’s Kimi made up 3.6% of tokens but 13.2% of fees. Low-cost models handle most requests, while higher-unit-price models like Kimi K3 drive more spending.
A notable trend: Chinese models are generating huge business for U.S. inference service providers. In September, nearly 70% of estimated call fees for Chinese models went to U.S. providers, up from less than 10% in December 2025. DeepSeek itself processed over 80% of its model’s tokens, but U.S. providers charged higher average rates—~40% of fees went to U.S. firms. These providers don’t need to develop their own models; they simply deploy DeepSeek’s open weights, offer compute power and API services, and charge customers.
Meanwhile, total AI call fees on Vercel in September were ~13 times higher than in December 2025, while average per-token prices fell 47%. Among active high-volume paying teams, nearly a third switched their most-used model vendor. Enterprises can call different models via a unified API, eliminating the need to integrate with each vendor separately. Even for the same model, users can choose different inference providers. Model developers no longer monopolize call revenue: inference service providers and platforms like Vercel (which control developer access) are also competing for this business.
1 seconds ago
Binance Alpha Launches New Token NeoSoul (DNA)
Binance Alpha has listed the new token NeoSoul (DNA), with a current market capitalization of $115 million and a token price of $0.12.
1 seconds ago
INJ hits a new year-to-date high, with a certain whale realizing a 102% profit.
According to TradingBeats' monitoring, INJ hit an intraday high of $9.37 on Hyperliquid, a new year-to-date peak. The token has risen roughly 30% over the past 24 hours, while open interest for INJ contracts on the platform reached about $12.65 million, up $4.19 million in 24 hours for a 49.5% increase. Whale address 0x8be0…2326c currently holds around 246,900 INJ long positions, with a position value of approximately $2.28 million, an average entry price of $7.68, and uses 5x full leverage. Its unrealized profit stands at roughly $386,000, with a position return of around 102%. The address has been adding to its INJ holdings since October 11; following today's price rally, it trimmed its position slightly but still retains the vast majority of its long positions.
South Korea's Finance Minister and Bank of Korea Governor held a joint meeting with officials from the U.S. Federal Reserve and the U.S. Treasury.
According to Yonhap News Agency, South Korea’s Minister of Economy and Finance and Bank of Korea Governor held a joint meeting with officials from the U.S. Federal Reserve and the U.S. Department of the Treasury. Attendees discussed recent economic conditions as well as economic and financial cooperation between the two countries.
1 seconds ago
Binance Wallet launches DeFi API, covering 10 EVM chains and protocols including Aave, Morpho, Uniswap, etc.
Binance Wallet has announced the launch of its DeFi API, built on its Web3 API infrastructure, allowing developers to integrate DeFi capabilities without needing to connect to each protocol individually. The initial rollout supports 10 EVM chains including BSC, Ethereum, Base, and Robinhood Chain, as well as protocols such as Aave, Morpho, and Uniswap. The API also enables the construction of transactions to add liquidity to supported bStocks liquidity pools. It supports DeFi product discovery, position tracking, protocol insights, and transaction building, with Solana support coming soon.
1 seconds ago
Vercel: Open-source models account for 71.5% of total tokens consumed, with Chinese models driving significant business for US-based inference service providers.
Beating AI Insight News Flash: Vercel releases its latest AI Gateway usage report. In September, open-source models processed 71.5% of the platform’s tokens, but their estimated call fees (based on public pricing) accounted for only 23%. A month earlier, open-source models’ token share stood at just ~56%.
DeepSeek led in volume: its models took 58% of tokens but only 6.6% of estimated fees. DeepSeek-V4.1-Flash alone handled nearly half the tokens, contributing just 2.6% of costs. Conversely, MoonShot AI’s Kimi made up 3.6% of tokens but 13.2% of fees. Low-cost models handle most requests, while higher-unit-price models like Kimi K3 drive more spending.
A notable trend: Chinese models are generating huge business for U.S. inference service providers. In September, nearly 70% of estimated call fees for Chinese models went to U.S. providers, up from less than 10% in December 2025. DeepSeek itself processed over 80% of its model’s tokens, but U.S. providers charged higher average rates—~40% of fees went to U.S. firms. These providers don’t need to develop their own models; they simply deploy DeepSeek’s open weights, offer compute power and API services, and charge customers.
Meanwhile, total AI call fees on Vercel in September were ~13 times higher than in December 2025, while average per-token prices fell 47%. Among active high-volume paying teams, nearly a third switched their most-used model vendor. Enterprises can call different models via a unified API, eliminating the need to integrate with each vendor separately. Even for the same model, users can choose different inference providers. Model developers no longer monopolize call revenue: inference service providers and platforms like Vercel (which control developer access) are also competing for this business.
1 seconds ago
Binance Alpha Launches New Token NeoSoul (DNA)
Binance Alpha has listed the new token NeoSoul (DNA), with a current market capitalization of $115 million and a token price of $0.12.
1 seconds ago
INJ hits a new year-to-date high, with a certain whale realizing a 102% profit.
According to TradingBeats' monitoring, INJ hit an intraday high of $9.37 on Hyperliquid, a new year-to-date peak. The token has risen roughly 30% over the past 24 hours, while open interest for INJ contracts on the platform reached about $12.65 million, up $4.19 million in 24 hours for a 49.5% increase. Whale address 0x8be0…2326c currently holds around 246,900 INJ long positions, with a position value of approximately $2.28 million, an average entry price of $7.68, and uses 5x full leverage. Its unrealized profit stands at roughly $386,000, with a position return of around 102%. The address has been adding to its INJ holdings since October 11; following today's price rally, it trimmed its position slightly but still retains the vast majority of its long positions.
South Korea's Finance Minister and Bank of Korea Governor held a joint meeting with officials from the U.S. Federal Reserve and the U.S. Treasury.
According to Yonhap News Agency, South Korea’s Minister of Economy and Finance and Bank of Korea Governor held a joint meeting with officials from the U.S. Federal Reserve and the U.S. Department of the Treasury. Attendees discussed recent economic conditions as well as economic and financial cooperation between the two countries.
1 seconds ago
Binance Wallet launches DeFi API, covering 10 EVM chains and protocols including Aave, Morpho, Uniswap, etc.
Binance Wallet has announced the launch of its DeFi API, built on its Web3 API infrastructure, allowing developers to integrate DeFi capabilities without needing to connect to each protocol individually. The initial rollout supports 10 EVM chains including BSC, Ethereum, Base, and Robinhood Chain, as well as protocols such as Aave, Morpho, and Uniswap. The API also enables the construction of transactions to add liquidity to supported bStocks liquidity pools. It supports DeFi product discovery, position tracking, protocol insights, and transaction building, with Solana support coming soon.
1 seconds ago
Vercel: Open-source models account for 71.5% of total tokens consumed, with Chinese models driving significant business for US-based inference service providers.
Beating AI Insight News Flash: Vercel releases its latest AI Gateway usage report. In September, open-source models processed 71.5% of the platform’s tokens, but their estimated call fees (based on public pricing) accounted for only 23%. A month earlier, open-source models’ token share stood at just ~56%.
DeepSeek led in volume: its models took 58% of tokens but only 6.6% of estimated fees. DeepSeek-V4.1-Flash alone handled nearly half the tokens, contributing just 2.6% of costs. Conversely, MoonShot AI’s Kimi made up 3.6% of tokens but 13.2% of fees. Low-cost models handle most requests, while higher-unit-price models like Kimi K3 drive more spending.
A notable trend: Chinese models are generating huge business for U.S. inference service providers. In September, nearly 70% of estimated call fees for Chinese models went to U.S. providers, up from less than 10% in December 2025. DeepSeek itself processed over 80% of its model’s tokens, but U.S. providers charged higher average rates—~40% of fees went to U.S. firms. These providers don’t need to develop their own models; they simply deploy DeepSeek’s open weights, offer compute power and API services, and charge customers.
Meanwhile, total AI call fees on Vercel in September were ~13 times higher than in December 2025, while average per-token prices fell 47%. Among active high-volume paying teams, nearly a third switched their most-used model vendor. Enterprises can call different models via a unified API, eliminating the need to integrate with each vendor separately. Even for the same model, users can choose different inference providers. Model developers no longer monopolize call revenue: inference service providers and platforms like Vercel (which control developer access) are also competing for this business.
1 seconds ago
Binance Alpha Launches New Token NeoSoul (DNA)
Binance Alpha has listed the new token NeoSoul (DNA), with a current market capitalization of $115 million and a token price of $0.12.
1 seconds ago
INJ hits a new year-to-date high, with a certain whale realizing a 102% profit.
According to TradingBeats' monitoring, INJ hit an intraday high of $9.37 on Hyperliquid, a new year-to-date peak. The token has risen roughly 30% over the past 24 hours, while open interest for INJ contracts on the platform reached about $12.65 million, up $4.19 million in 24 hours for a 49.5% increase. Whale address 0x8be0…2326c currently holds around 246,900 INJ long positions, with a position value of approximately $2.28 million, an average entry price of $7.68, and uses 5x full leverage. Its unrealized profit stands at roughly $386,000, with a position return of around 102%. The address has been adding to its INJ holdings since October 11; following today's price rally, it trimmed its position slightly but still retains the vast majority of its long positions.
Pirate Chain, a privacy coin that shields every transaction by design, has a counterfeiting problem. A flaw in its source code allowed someone to mint around 39.8 million ARRR without authorization, roughly 20% of the token’s total supply at the time.
The network is still running. Users, however, have been told to keep their hands off their wallets while developers work out how to undo the damage.
What went wrong
The vulnerability surfaced on October 14, 2026. It traced back to two separate validation failures connected to Ironwood, a network upgrade that Pirate Chain activated on October 3.
The freshly minted tokens did not sit still. They were moved quickly into the Sapling shielded pool, the part of the network where balances and transfers are hidden by cryptography.
Pirate Chain’s development team acknowledged that the shielded nature of these transactions could make it harder to trace where the illicit coins went next.
One exchange moved fast. NonKYC flagged deposits tied to the exploit, restricted them, and blocked withdrawals to limit further risk.
The response: freeze, pause, rewind
Pirate Chain’s instructions were blunt. Users were asked not to move funds, and exchanges and mining pools were advised to voluntarily pause operations.
The proposed fix is more dramatic: a blockchain rollback. The team wants to revert the network to its state as of 20:00 UTC on October 14, with the goal of discarding every block produced after the exploit window.
There was one piece of reassuring news. The team said there was no indication that Pirate Chain’s notary keys or its zk-SNARKs cryptography had been compromised.
Why the numbers sting
Pirate Chain targets a maximum supply of 200 million ARRR. Around 39.8 million unauthorized tokens is a meaningful slice of that ceiling, not a rounding error.
The project also stands out because 100% of its transactions use zk-SNARKs. Unlike chains where privacy is optional, Pirate Chain makes shielding mandatory for everyone.
What this means
The rollback itself is a test. It requires coordination among exchanges, miners, and node operators, which is why the voluntary pause matters. If major participants keep processing blocks on the old chain, the recovery gets messier.
NonKYC’s quick decision to restrict deposits and freeze withdrawals likely kept some counterfeit coins from being converted into other assets.
The Ironwood upgrade had been live for only 11 days when the flaw was found. Privacy-focused coins face a particular version of this risk: when supply sits inside a shielded pool, outside observers have fewer tools to spot unusual activity, so the burden falls heavily on the validation rules being correct the first time.
What to watch next: whether the rollback to 20:00 UTC on October 14 is executed cleanly, when exchanges and mining pools resume normal operations, and whether the team publishes a full breakdown of the two validation failures behind Ironwood.
Disclosure: This article was edited by Estefano Gomez. For more information on how we create and review content, see our Editorial Policy.
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.
INJ hits a new year-to-date high, with a certain whale realizing a 102% profit.
According to TradingBeats' monitoring, INJ hit an intraday high of $9.37 on Hyperliquid, a new year-to-date peak. The token has risen roughly 30% over the past 24 hours, while open interest for INJ contracts on the platform reached about $12.65 million, up $4.19 million in 24 hours for a 49.5% increase. Whale address 0x8be0…2326c currently holds around 246,900 INJ long positions, with a position value of approximately $2.28 million, an average entry price of $7.68, and uses 5x full leverage. Its unrealized profit stands at roughly $386,000, with a position return of around 102%. The address has been adding to its INJ holdings since October 11; following today's price rally, it trimmed its position slightly but still retains the vast majority of its long positions.
1 minutes ago
OpenCode has been offering free access to domestic Chinese AI models for two consecutive days: yesterday it was DeepSeek, and today it’s GLM 5.3 Flash.
Beating AI News Flash: OpenCode announced limited-time free access to Zhipu GLM 5.3 Flash, adding a dedicated entry for the standalone "GLM-5.3-Flash Free" model with no fees for input or output tokens. Just yesterday, OpenCode had already made DeepSeek V4.1 Flash available for free. Over two consecutive days, models from two Chinese AI companies have successively joined the free offerings.
1 minutes ago
Harvard’s endowment fund holds roughly $2.2 billion in SpaceX shares, bringing its total size to nearly $68 billion.
Harvard University’s annual financial report shows its endowment fund rose 27.1% in fiscal 2026, marking the strongest investment performance in five years. The fund’s total value now stands at nearly $68 billion. Harvard holds approximately $2.2 billion in SpaceX shares, a stake whose market value exceeds the total of all other disclosed public holdings. Harvard Management Company attributed the fiscal 2026 returns primarily to venture capital, public equities and hedge funds. Private equity currently makes up around 46% of the portfolio, with the share of venture capital and growth-stage venture capital climbing from 24% to 31%.
1 minutes ago
ZIL plunges over 22% in short-term trading, Upbit announces its delisting.
According to HTX market data, Zilliqa (ZIL) plunged over 22% in the short term, falling to $0.0027. Upbit will delist Zilliqa (ZIL) on November 16.
1 minutes ago
Upbit to Extend MANTRA Trading Warning Period
Upbit Extends MANTRA Trading Warning Period. Upbit has decided to extend MANTRA’s trading warning period, stating that after the token was designated as a trading warning asset, the exchange deems it necessary to further review the current handling progress.
UNCX Network’s Vesting V2 contracts were exploited for roughly $1.49 million across four blockchains, blockchain security firm Blockaid reported on October 15, 2026, after an initial $86,000 drain on Ethereum grew more than 17-fold as copycat wallets and trading bots joined the attack. The vesting platform, formerly known as Unicrypt, disclosed the incident in an official statement and said it is coordinating with law enforcement and SEAL 911 toward a recovery plan.
UNCX lets crypto projects lock liquidity and schedule token vesting so team and investor allocations cannot be sold at once. Blockaid attributed the drain to an accounting flaw in the VestingManager contract, the shared pool that governs those schedules.
How the Accounting Flaw Was Exploited The flaw involved how the contract tracked released and canceled vesting shares. Security researchers at ExVul, who examined the first Ethereum transaction, said the release() function reduced the global share total without removing released shares from a position’s recorded deposit, so a later cancellation deducted the same shares a second time.
By creating vesting positions, releasing a large one, donating tokens back, and then canceling a topped-up position, the attacker produced a tiny leftover position that could withdraw tokens backing other users’ deposits. No private keys were compromised; the contract’s own bookkeeping enabled the drain.
Scope and Containment Across Four Chains Blockaid put losses at roughly $969,000 on BNB Smart Chain, $242,000 on Ethereum, $169,000 on Robinhood Chain, and $114,000 on Base, across 11 drain transactions that included copycats and MEV bots. UNCX said the incident involves 10 tokens: pepecoin, EDGEN, ZC, X, LO0P, and PAAL on Ethereum; IMO on Base; BTCLE on BNB Chain; and CASHCAT and RKST on Robinhood Chain.
UNCX said its liquidity lockers and legacy vesting contracts remain unaffected. To contain the exploit it raised flat fees above 1,000 ETH per new lock, removed paths that bypassed fees, and lifted token fees to the 5% contract maximum. About $3.25 million was still in the affected Ethereum contract when Blockaid identified the attack.
What Happens Next No funds have been returned by the original attacker or copycats on any chain, UNCX said, and it advised against trading in affected pools until the respective token teams issue guidance. A comprehensive incident report covering technical findings, financials, and a proposed recovery plan is expected this week.
The incident is the latest reminder that shared smart contracts, including token vesting infrastructure, can be drained without a wallet being breached, a risk examined in wider blockchain security coverage.
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Beating AI News Flash: Over a year after acquiring Bee, Amazon has launched two portable AI devices. The Bee Frontier, priced at $74.99, can be worn on the wrist or clipped to clothing, features dual microphones, offers up to 7 days of battery life, and is now available for purchase. The Bee Eclipse, priced at $99.99, is credit-card-sized, can be magnetically attached to the back of a phone, records audio from both sides of calls, boasts over 21 days of battery life, and is not yet on sale. Both devices, once activated, can continuously listen to daily conversations, summarize meeting content, scheduled times and to-do items, and integrate with apps like Gmail and calendars to draft follow-up emails and schedule meetings. Notably, Amazon has also integrated Bee with Alexa+ and its own e-commerce platform. For example, if a user mentions running out of dish soap during a conversation, after connecting to Amazon.com, they may see relevant recommendations on the shopping homepage. Last month, Amazon blocked Meta Muse’s automated shopping on its marketplace citing unauthorized access, and now it is integrating its own AI into shopping recommendations, moving to capture users at an earlier stage of their shopping needs. The free version only retains 14 days of memory; to access features like third-party app integration, Alexa+ and shopping recommendations, users need to subscribe to Bee Pro for $11.99 per month.
TLDR: Cross River Bank is integrating Ripple’s RLUSD stablecoin into its proprietary Core Operating System. RLUSD transactions on the XRP Ledger settle in 3-5 seconds at a fraction of a cent, around the clock. Fintechs can move between dollars and RLUSD and access ACH, wires, and real-time payments via one API. RLUSD market capitalization has passed $2.5 billion, with more than $1 billion issued on the XRP Ledger. Cross River Bank has partnered with Ripple to integrate RLUSD, Ripple’s U.S. dollar-backed stablecoin, into its Core Operating System.
The integration supports transactions on the XRP Ledger, a public blockchain. The move brings traditional banking and blockchain-based payments closer within the regulated U.S. financial system.
Issuers and acquirers gain a new option to settle intraday and reduce settlement latency. Fintechs can reach RLUSD payments through a single API connection for real-time settlement.
Cross River Bank described its platform as an integration layer between regulated financial services and blockchain-based payment networks.
RLUSD will sit inside the bank’s proprietary technology. As a result, customers can access the stablecoin without deploying their own blockchain infrastructure.
Cross River Bank shared the news in a post on X. The post said the partnership expands its stablecoin optionality. It also said the bank is proud to give partners “ The bank described the effort as a unified payments experience.
🪙 We’re excited to announce that we’re partnering with @Ripple to expand our stablecoin optionality and integrate RLUSD into our banking core infrastructure, with support for transactions on the XRP Ledger.
Together, we’re combining traditional payment technology with RLUSD on… pic.twitter.com/VnWjrexqWT
— Cross River Bank (@crossriverbank) October 15, 2026
Adam Goller, Head of Fintech Banking at Cross River, commented on the partnership. He said,
Goller added that the integration builds on existing stablecoin infrastructure and expands
Fintechs can move between U.S. dollars and RLUSD on the platform. They can also settle cross-border payments and treasury movement 24/7.
Customers will access ACH, wires, and real-time payments through the same platform. Cross River will add RLUSD as an additional payment rail.
RLUSD and the XRP Ledger Support Faster Settlement RLUSD is purpose-built for institutional use and issued on the XRP Ledger, a public blockchain. Transactions on the network settle in three to five seconds at a fraction of a cent. Payments can also move 24/7. The XRP Ledger has settled more than $1.3 trillion in value to date.
Markus Infanger, SVP of RippleX at Ripple, also commented on the integration. He said, he added.
Infanger said Cross River is He said the combination
Transfers can also occur across borders and around the clock. Together, the companies are building tools so RLUSD can move alongside traditional dollars under the same standards. The expanded partnership brings Ripple deeper into Cross River’s ecosystem.
RLUSD has grown to more than $2.5 billion in market capitalization. More than $1 billion is issued on the XRP Ledger.
Demand continues to rise for regulated stablecoins across payments, trading, and institutional use cases. Services from Cross River Bank are currently available only in limited states.
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.
CRCL's largest long position holder takes profit, with a prior position valued at $22.4 million.
According to TradingBeats' monitoring, address 0x7265…11a5, which once ranked first in Hyperliquid's CRCL long positions, closed all its CRCL long positions early this morning. The address generated approximately $22.44 million in trading volume from this long liquidation, realizing a profit of around $752,000. As of press time, Hyperliquid's CRCL contract is trading at $85.42, with a 24-hour trading volume of roughly $115 million.
9 minutes ago
Analyst: As interest rate hike expectations rise, short positions in the Bitcoin derivatives market have regained dominance.
Crypto analyst Darkfost noted in a post that the BTC funding rate on Binance has turned negative, currently standing at -0.0073%. A negative funding rate typically signals strong market short demand, with the overall derivatives market sentiment clearly leaning bearish. The last time this occurred was in June this year, when BTC traded around $62,000. It is important to note that Binance’s funding rate formula uses a 0.01% interest rate parameter, so the neutral funding rate is not 0% but 0.01%. The current rate falling below zero means short positions have clearly gained the upper hand. This signal warrants attention, especially against the backdrop of this week’s underperforming macroeconomic data: both U.S. CPI and PPI came in higher than expected, further stoking market expectations of future interest rate hikes by the Federal Reserve. Meanwhile, BTC has seen a notable correction since breaking above $87,000 a few days ago. Historically, when the market forms a highly consistent bearish outlook, prices sometimes move in the opposite direction, which may indicate a trend reversal, though the duration of such reversals varies widely. While this signal has reference value, traders still need to carefully develop entry strategies in combination with key technical levels. Two key price levels to monitor currently are $80,000 and $74,000.
9 minutes ago
The first meeting of Trump's AI Task Force focuses on cybersecurity and biosecurity, and plans to establish an early warning mechanism for AI model safety risks.
The AI task force established by US President Donald Trump held its inaugural meeting on Thursday, agreeing to address risks related to cybersecurity, biosecurity, and "model control and accountability". Amid growing external concerns over the potential dangers of artificial intelligence, the US government is ramping up focus on such risks. According to meeting minutes released by the White House, the body dubbed the "SuperIntelligenceForce" (Superintelligence Task Force) will task the President’s Council of Advisors on Science and Technology with drafting a report evaluating the aforementioned risks and other potential issues. "Superintelligence" is an AI-related term favored by Trump. The White House added that the task force will also "develop relevant protocols and mechanisms to allow AI labs to provide early warnings and systematic notifications to the government on security vulnerabilities, cyberattacks, model jailbreaking, and other matters".
9 minutes ago
Robinhood ecosystem token HOOKR surges past $31 million in market cap, hitting an all-time high.
According to GMGN data, HOOKR, the token of Robinhood ecosystem token issuance platform Hookr.fun, rose more than 42% today, with its market capitalization exceeding $31 million and hitting $31.14 million, marking a new all-time high. BlockBeats reminds users that most meme coins lack practical use cases, are highly volatile, and investors should exercise caution.
9 minutes ago
Tesla’s official China website has opened pre-orders for its new Roadster, with a pre-order deposit of 332,000 yuan.
Tesla’s U.S. official website has opened reservations for the Roadster. The reservation deposit for the Performance version is $50,000: a first payment of $5,000 is required, with the remaining $45,000 due within 10 days. For the Thrust version, the deposit stands at $250,000, with the same $5,000 initial payment and $245,000 balance due within 10 days. The Rocket version is currently only available for invitation-based reservations. Meanwhile, Tesla’s official Chinese website has also opened Roadster reservations, though unlike the U.S. site, it only offers bookings for the Performance version, with a deposit of 332,000 RMB.
9 minutes ago
Tencent's WorkBuddy Accused of Plagiarizing Claude Code: 224 Identical Text Segments, Even Internal Code Names Identified
Dongcha’s Beating AI News Brief: A technical comparison report alleges that Tencent’s WorkBuddy AI International Edition reused internal content from Claude Code. The report’s authors unpacked the WorkBuddy desktop client, comparing its built-in CodeBuddy CLI with the leaked Claude Code source code, and claimed to have found 224 identical text segments, with the longest reaching 494 characters. Notably, in Claude Code’s memory management file `memoryTypes.ts` alone, 46 out of 69 candidate text segments appeared in WorkBuddy. The overlapping content includes internal prompts that instruct the AI when to retain user corrections and approvals, not just generic tool names. The report also noted that WorkBuddy retains five internal event names prefixed with `tengu_` (such as `tengu_goal_set`) and paths like `/tmp/claude` and `.claude/debug`. `tengu` is Claude Code’s internal code name. However, Tencent’s CodeBuddy natively supports Claude Code’s plugin specifications, so some identical paths may be for compatibility. Claude Code, a closed-source commercial product, accidentally leaked around 510,000 lines of source code on March 31 this year.
Bitcoin, Ethereum, XRP Gain, but Dogecoin Slips Amid Spike in Rate Hike Odds: Analyst Says Everything Is ‘Fine’ for BTC if It Trades Above This Key Level
CNBC host Jim Cramer backed Reddit (RDDT) and Rocket Lab (RKLB) but passed on SiTime (SITM) on Thursday’s “Mad Money,” favoring stocks that have fallen over those priced for growth while interest rates climb.
The picks span social media, rockets, refiners and chips, yet one thread links them. The Federal Reserve (Fed) raised rates in September, and Cramer leaned toward stocks that had already sold off.
Does a Sell-Off Make Reddit and Rocket Lab Worth Owning?Cramer said he wants to buy Reddit after its slide this year. In contrast, one caller said investors punished lost, unprofitable Google traffic and ignored Reddit’s earnings from direct users.
Reddit is down over 12% in the last 3 months. Image: Trading ViewHowever, CEO Steve Huffman called Google search referrals choppy in July, even as revenue grew 61%.
On Rocket Lab, Cramer said the failure to launch hurt the stock less than he expected. On Wednesday, Rocket Lab delayed the debut of Neutron, its medium-lift rocket, to 2027, Bloomberg reported.
Meanwhile, Rocket Lab reported a record $2.36 billion backlog in the second quarter, up 137% year over year. However, it has yet to turn a profit, and Neutron anchors that plan.
Where Does Oil Risk Sit in Cramer’s Energy Calls?Cramer prefers Chevron to Exxon, unless taxes complicate a swap. He told a caller Enterprise Products Partners earns from natural gas liquids, such as ethane and propane, not oil.
Cramer called Valero (VLO) a binary bet on the crack spread, the gap between crude costs and refined fuel prices. He tied the spread to the Iran war.
On SiTime, which makes silicon timing chips, he drew the clearest line.
“It’s expensive, and I’m not recommending expensive stocks in tech or out of tech.”
Jim Cramer, host of CNBC’s “Mad Money,” CNBC
If the Fed keeps hiking, the same valuation test could reach crypto. Grayscale’s rate hike outlook argues that higher rates hit assets unevenly.
The Fed meets Oct. 27-28, and futures price about a 27% chance of another hike.
Starknet price rebounded nearly 25% toward $0.096 on Oct. 15 as voting opened on research into an independent blockchain, although STRK remained about 22% lower for the week.
Summary
Starknet price recovered from a daily low of $0.0718 but remained below the $0.10 threshold. Starknet opened a seven-day, nonbinding poll on researching an independent, quantum-resistant layer-1 network. The daily chart placed nearby resistance at $0.0977, followed by the $0.1221 range boundary. CoinGlass showed concentrated liquidation levels below price around $0.065–$0.070, alongside overhead bands near $0.10. TradingView’s Binance STRK/USDT daily chart showed the token trading at $0.09607, up 24.78% from the session’s opening price of $0.077. The rebound followed a drop to $0.0718, while the day’s high reached $0.09874.
The recovery brought STRK back toward $0.10 after several days of losses. TradingView’s weekly chart still showed a decline of approximately 22.4%, with the token trading below its weekly opening level of $0.12311.
Starknet’s rebound meets resistance below $0.10 TradingView’s daily Murrey Math indicator placed STRK just below a support-and-resistance pivot at $0.09766. The session’s high briefly exceeded that level, but the price had returned below it at the chart’s timestamp.
Starknet price daily chart — Oct. 15 | Source: TradingView A sustained move above $0.09766 would put the nearby $0.10 threshold back in focus. Beyond that, the indicator’s next marked boundary stood at $0.12207, close to the area where the recent rally reversed.
From approximately $0.096, reaching $0.12207 would require another gain of about 27%. That upper boundary also sits near the weekly high of $0.12494, leaving a clear gap between the current rebound and a full recovery of the week’s losses.
On the downside, the daily indicator marked the bottom of its trading range at $0.07324. STRK briefly traded below that boundary when it reached $0.0718, before recovering above it.
Those two levels form the nearest lower reference zone on the daily chart. Beneath them, the next Murrey Math pivot stood at $0.04883, substantially below the current trading price.
The daily Aroon indicator showed its upward reading at 71.43% and its downward reading at 7.14%. The upward reading remained dominant despite the pullback from the recent peak, although it had retreated from its maximum level.
The governance vote concerns research into an independent network Starknet’s governance forum said the seven-day poll would gauge holders’ interest in exploring an independent, post-quantum layer-1 blockchain.
According to the proposal, approval would begin a research effort leading to more detailed proposals and polls. A rejection would leave the network pursuing its post-quantum work as an Ethereum layer-2.
The forum identified Ethereum-dependent components, including Starknet’s bridge and data availability, as the reason for considering independence. Its proposal said those components remain tied to Ethereum’s security timeline.
The proposal also stated that STRK would remain the network’s token and that Ethereum bridges would stay open under either path. It gave no timeline for an independent network.
Market commentator Route 2 FI linked STRK’s initial rise to news of the vote in an Oct. 15 post. The commentator reported approximately 99.8% support at that point, while stressing that a favorable result would support research rather than approve a transition.
$STRK was up 20% on the news about the governance vote on whether they should become an independent post-quantum L1.
The vote ends in 7 days, but's it's already a 99,8% on "Yes, this should be researched".
A “Yes” vote indicates support for further research. It does not… pic.twitter.com/J11C1pXjI0
— Route 2 FI (@Route2FI) October 15, 2026 That distinction separates the confirmed governance development from claims that Starknet has already decided to leave Ethereum.
Weekly momentum remains positive despite the price retreat TradingView’s weekly MACD showed the MACD line at approximately 0.00689, above its signal line at minus 0.00362. The histogram remained positive at about 0.01052.
Starknet price weekly chart — Oct. 15 | Source: TradingView Those readings contrasted with the weekly price decline: STRK had surrendered part of its recent advance while the MACD retained its bullish crossover.
The weekly Stochastic RSI presented a more stretched picture. Its two readings stood near 90.25 and 92.37, both above the indicator’s conventional 80 threshold.
The faster line was slightly below the slower line, leaving a mixed weekly setup alongside the positive MACD. Price had rebounded sharply from the weekly low, but remained well below the opening level and recent high.
The longer weekly chart also showed STRK trading below earlier peaks near $0.20 and above. Even after its October advance, the token had recovered only part of the decline visible across the broader chart.
Liquidation bands and token releases frame the next test CoinGlass’s one-month liquidation heatmap showed several overhead bands between approximately $0.094 and $0.10, followed by additional bands around $0.107–$0.11.
Starknet liquidation heatmap | Source: CoinGlass Below price, brighter concentrations appeared around $0.065–$0.070. Additional bands sat near $0.075–$0.08, placing leveraged positions on both sides of the rebound.
Meanwhile, Starknet’s documentation states that up to 127 million tokens allocated to investors and early contributors unlock on the 15th of each month through March 2027.
At approximately $0.096 per token, that scheduled tranche represents roughly $12.2 million. The documentation also identifies STRK’s uses as transaction fees, staking, and governance.
For U.S. holders following the governance debate, the official documentation specifies that STRK does not represent equity in StarkWare or the Starknet Foundation.
On the price chart, $0.09766 and $0.10 remain the immediate recovery tests. A move above both would bring $0.12207 into view, while a reversal would return attention to $0.07324 and the $0.0718 weekly low.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
Binance U.S., the U.S. arm of the top crypto exchange, is reportedly seeking to raise $100 million at a valuation of about $1 billion. Trump-backed World Liberty Financial, which has ties to the exchange, opted not to invest. Meanwhile, the U.S. arm is also considering expanding into areas such as prediction markets.
Binance U.S. Aims to Raise Fresh Capital at Nearly $1 Billion Valuation
According to a Bloomberg report, the U.S. arm of the top crypto exchange is looking to raise up to $100 million at a valuation of about $1 billion. The firm plans to use the capital to expand its crypto business in the country amid increased competition from other exchanges such as Coinbase, Kraken, Robinhood, and Gemini.
Trump-backed World Liberty Financial reportedly won’t participate in the private funding round despite being aware of it. This comes despite the company’s relationship with the top crypto exchange.
Binance holds a large share of World Liberty Financial’s USD1 stablecoin supply, and the exchange has run promotions involving the stablecoin. Furthermore, Abu Dhabi state-backed investment firm MGX invested $2 billion in the crypto exchange’s global arm last year using the USD1 stablecoin.
The U.S. arm previously raised $200 million four years ago at a pre-money valuation of $4.5 billion. However, its valuation dropped after the exchange settled with the Department of Justice (DOJ) over anti-money laundering charges.
As part of its expansion plans, Binance U.S. is reportedly looking to offer prediction markets and restore certain state money transmitter licenses. It is also considering tapping external liquidity, including from its global arm.
The planned fundraise also comes as the DOJ probes the exchange’s compliance with the 2023 settlement deal. As part of the deal, the Justice Department required the exchange to tighten its anti-money laundering rules and appoint external compliance monitors.
For more on crypto exchanges, check out Best Regulated Crypto Exchanges in the USA
Stripe co-founder Patrick Collison wrote that since Privy joined Stripe over a year ago, its wallet assets have grown roughly 25 times, monthly active developers have tripled, revenue has increased ninefold, and it now facilitates nearly $25 billion in transactions monthly. Companies including Ramp, Deel, Klarna, and Hyperliquid are building embedded banking features on Privy. Stripe is deeply integrating Privy into its Treasury, Link, and Connect products to accelerate global expansion and feature development, and plans to launch a Link balance feature. Privy’s wallet infrastructure now supports AI agents for transactions and revenue generation, with use cases including Merit Systems and Nevermined. Collison forecasts that the agent economy will continue its rapid growth. The two sides are building a unified API that supports holding stablecoin balances and earning yields, fiat on- and off-ramps, and card-based spending. Collison also noted that significant integration work remains between Privy, Bridge, and Stripe’s other business units.
Relevant content
Google lowers the Pro subscription price for Gemini 4 Argon by $20.
Beating AI News Flash: Google has begun rolling out Gemini 4 Argon to paid Google AI Pro subscribers. Previously, while Argon was already available in the Gemini app, it was restricted to the pricier Ultra subscription tier within the AI coding tool Antigravity. Now, Pro users can also access this flagship model via Antigravity’s desktop app and CLI to handle complex programming, debugging, and multi-step development tasks. Google has also set a separate weekly usage cap for Argon for Pro users, which does not take up their existing Gemini 3.8 Flash quota, allowing the two models to be used independently. That said, Argon still does not support Antigravity’s built-in IDE, and can only be accessed via the desktop app, CLI, or third-party IDE extensions. Additionally, this rollout is limited to full paid Pro subscriptions; trial subscriptions are not eligible.
6 minutes ago
Coinbase to Suspend NEON and SYND Trading on November 17
Coinbase Assets announced it will suspend trading of Neon EVM (NEON) and Syndicate (SYND) on Coinbase.com, Coinbase Exchange, and Coinbase Prime at approximately 03:00 Beijing Time on November 17. The NEON order book has entered limit-only mode, with users still able to submit, cancel, and match limit orders. NEON and SYND assets remain accessible and withdrawable.
6 minutes ago
Meta and Apple Forge Rare Collaboration: 816 Billion-parameter Muse Spark Open-sourced, Can Run Locally on Just Two Mac Studio Devices
Beating AI Express: Meta has open-sourced the weights of the Muse Spark Open model and partnered with Apple to enable this 816-billion-parameter large model to run natively on Mac Studio. The model activates only 42 billion parameters per inference, supports a 1-million-token context window, and is primarily targeted at programming and complex agent tasks. The weights were made available on Hugging Face on October 15; developers can apply for access after logging in and agreeing to the access terms. Meta and Apple have clashed multiple times in the past over privacy policies, but Meta CEO Mark Zuckerberg has now publicly thanked Apple executive John Ternus, who responded personally. The two companies leveraged Apple’s MLX framework to distribute the model across multiple Mac Studio units for execution. Even when compressed to 4-bit precision, the model requires around 493GB of memory; combined with inference overhead, a single Mac Studio cannot accommodate it. For practical deployment, at least two Mac Studio units equipped with M5 Ultra chips and 512GB of unified memory each are needed, with hardware costs exceeding $40,000. Apple’s tests show that four M5 Ultra Mac Studio units working together can generate roughly 37 tokens per second with an 8192-token context window. Meta has adopted a custom Muse Model License that allows developers to modify, commercialize, and distribute the model, but requires attribution of Muse Spark Open in products or related documentation. For enterprises and their affiliates with total annual revenue exceeding $20 million over 12 consecutive months, a separate agreement with Meta is required if they intend to offer the model as an API service.
6 minutes ago
Preview: Leading central bank officials around the world will deliver remarks in succession this morning, with Waller speaking at 11:30.
Multiple economic events are being held in Bangkok, Thailand, with senior officials from major global central banks set to deliver speeches one after another this morning (Beijing time, 16th). Specifically: At 10:00 Beijing time, Bank of England Governor Bailey will participate in the annual member meeting of the Institute of International Finance (IIF) and hold a fireside chat. At 11:30 Beijing time, Federal Reserve Chair Walsh will attend the IMF Annual Meeting and hold a fireside chat with IMF Managing Director Georgieva. At 12:15 Beijing time, Bank of Canada Governor Macklem will attend the IMF Annual Meeting and take part in a panel discussion. Should these central bank officials’ latest comments on inflation trends, interest rate paths and global economic outlook signal policy moves exceeding market expectations, it may trigger volatility in assets including the U.S. dollar, European and U.S. Treasury yields, and gold. Investors are advised to stay alert.
6 minutes ago
Pirate Chain has confirmed it was recently attacked, with its token supply inflated by approximately 20%.
Pirate Chain releases an update on its exploit incident investigation. On October 14, a transaction validation vulnerability was discovered in Pirate Chain’s source code, which led to the unauthorized creation of approximately 39.8 million ARRR tokens, increasing the total token supply by around 20%. The newly generated tokens were immediately transferred to the Sapling privacy pool. The NonKYC platform subsequently detected the suspicious deposits, restricted relevant accounts, and blocked withdrawals. The exploit leveraged failures in two validation processes: one bypassed the minting check, while the other involved an error in parsing the output script. As a voluntary preventive measure, dPoW (Delayed Proof of Work) operators have reached a consensus to temporarily suspend notarization services; the team has also requested exchanges and mining pools to voluntarily pause related operations during the development of a recovery plan. The Pirate Chain network remains operational at present. The Pirate Chain team is investigating the incident and collaborating with the broader community to develop solutions.
6 minutes ago
Bitcoin rebounds from its recent low, while previously strong cryptocurrencies have rallied rapidly, with NEAR surging nearly 10%.
After Bitcoin bottomed at $80,000 and rebounded, previously strong altcoins have posted notable gains overnight into this morning. According to HTX market data: NEAR is trading at $5.3281, up 9.9% over 24 hours; ZEC is at $1234.78, up 8.53% over 24 hours; PYTH is at $0.09335, up 10.5% over 24 hours, hitting a new high since last November; INJ is at $8.563, up 11.98% over 24 hours, also hitting a new high since last November.
The reported rollout builds on Ripple Prime’s existing Hyperliquid access, which lets institutions combine onchain derivatives with other exposures in one margin framework.
The reported rollout builds on Ripple Prime’s existing Hyperliquid access, which lets institutions combine onchain derivatives with other exposures in one margin framework.
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Hyperliquid [HYPE] faced strong downward pressure as the broader market weakened following lower-than-expected Consumer Price Index (CPI) data.
HYPE breached $80 support and fell to $78 before bouncing back. At press time, Hyperliquid traded around $79, down 1.7% over the past day.
Yet one whale chose to stake over $100 million in HYPE, taking a longer view as derivatives selling persisted.
Why did a Hyperliquid whale stake $100M?
With Hyperliquid below the $98 recorded three weeks earlier, some investors turned to staking for yield.
According to Onchain Lens, three new wallets linked to one whale staked 1.255 million HYPE, worth $100.43 million.
Source: Hypurrscan
The move suggested a willingness to keep those tokens committed to staking rather than immediately available for sale.
And the whale had company. Hyperscreener data showed over 439.9 million HYPE staked, worth $35.2 billion and representing roughly 44% of supply.
Source: Hyperscreener
Reported average Daily Staking stood at roughly 120,000 HYPE. Staking can limit immediately available supply, although it does not guarantee stronger prices.
Spot Exchange Netflows offered another sign of tokens moving away from trading venues..
Source: CoinGlass
At press time, Spot Netflow stood around -$2.4 million, compared with -$11 million the previous day. Outflows continued, but their net value narrowed considerably. These withdrawals coincided with staking activity, although the figures did not establish a direct connection.
Derivatives Remain a Thorn
Although staking continues to reduce the supply available for immediate sale, derivatives markets have turned stubbornly bearish.
Over the past day, for example, Hyperliquid saw $673.4 million in Futures Outflows and $592 million in inflows. Over this period, Netflow fell to- $80 million, suggesting that more capital flowed out of the futures market than entered it.
Source: Coinglass
For perpetuals, especially on Binance, sell volume rose to 2.02 million, with Net Buying at -3.5 million. High sell volume suggested that more sell orders were executed on Binance.
Source: Coinalyze
These two metrics suggest that the derivatives market is currently contributing to the selling pressure.
What’s Next for HYPE?
Although whales are turning to staking, it remains insufficient to absorb the pressure from derivatives.
For that reason, the market still leans bearish. A look at the Relative Strength Index (RSI) confirms this observation.
Source: Tradingview
The RSI fell deeper into the bearish zone, reaching 39 and reflecting increased bearish pressure. When this indicator sits at such low levels, it signals that weakness may persist.
If selling pressure continues, Hyperliquid is likely to extend its decline and fall to $75 in the short term. However, if staking manages to absorb the selling pressure, HYPE could defend $80 and target a move to reclaim $88 in the short term.
Final Summary
Hyperliquid whale staked 1.255 million HYPE, worth $100.43 million.
Hyperliquid [HYPE] breached the $80 support and fell to a low of $78 before slightly rising to $79.
President Trump stated in August that the Commodity Futures Trading Commission (CFTC) is working to integrate the crypto platform Hyperliquid into the U.S. market in a compliant manner. Hyperliquid, known for its Layer-1 blockchain and decentralized platform, runs on-chain order books supporting both spot and perpetual-futures markets. Despite its current exclusion of U.S. persons, the CFTC’s involvement suggests efforts to channel Hyperliquid’s activities through regulated U.S. intermediaries. This development could indicate a significant step towards broader regulatory acceptance of novel crypto platforms in the U.S.
Key Takeaways
President Trump’s statement suggests the CFTC is facilitating Hyperliquid’s integration into the U.S. market within regulatory frameworks.
Pricing indicates potential increased confidence in Hyperliquid, with implications for its native asset, HYPE.
The initiative may reflect a broader regulatory trend towards accommodating innovative blockchain platforms under U.S. law.
What to Watch
Observers should monitor the CFTC’s actions regarding Hyperliquid’s integration, as regulatory approvals or delays could impact market perceptions. Developments in U.S. regulatory policy towards blockchain platforms could influence future market scenarios, especially if Hyperliquid gains significant approval or faces setbacks. Market reactions to any formal announcements from the CFTC or Hyperliquid itself will be crucial in assessing the long-term implications for the crypto market.
Hyperliquid wants into the US market. It just doesn’t want to be the one holding the license.
In an October 15, 2026 appearance on Bloomberg’s Odd Lots podcast, Hyperliquid Labs CEO and co-founder Jeff Yan sketched a regulatory model in which US oversight targets the financial firms that run markets on Hyperliquid’s Layer-1 blockchain. Under his proposal, the blockchain itself would sit outside exchange-level rules.
The internet analogy, applied to derivatives
Yan’s core argument leaned on a comparison to the internet. Nobody asks the protocols that move web traffic to register as a bank. The bank running a website on top of those protocols handles the compliance.
Hyperliquid, in Yan’s framing, is the plumbing. The licensed market operators building on it would be the ones answering to regulators.
Yan also pitched Hyperliquid as a partner to traditional finance rather than a rival. He described the goal as supplying core infrastructure that established firms can build on.
Washington is already paying attention
On August 19, 2026, President Trump said CFTC Chair Michael Selig was actively working to bring Hyperliquid into US markets in a fully legal way.
Hyperliquid had been preparing for this conversation well before Trump weighed in. In February 2026, the Hyperliquid Policy Center was funded with 1 million HYPE to engage with regulators including the CFTC and the SEC.
How HIP-3 makes the operator model work
Yan’s proposal isn’t purely theoretical. Hyperliquid already has a mechanism that separates the chain from the people running markets on it.
Under the HIP-3 framework, anyone who wants to deploy a market on Hyperliquid must stake 500,000 HYPE tokens for at least 183 days. The HIP-3 setup lets third parties stand up their own markets while the main Hyperliquid platform stays closed to US traders.
Kraken’s parent is already testing the idea
In September 2026, Payward, the parent company of Kraken, announced a partnership with Bitnomial and NinjaTrader Clearing to offer permissioned perpetual futures tied to Hyperliquid markets. Those products are aimed at eligible US clients, with users not getting direct access to the main Hyperliquid platform.
Payward’s structure is a working version of Yan’s pitch. Regulated US firms handle client onboarding, clearing, and permissions. Hyperliquid’s markets provide the underlying activity. The chain stays in the background.
What this means for Hyperliquid, regulators, and Wall Street
For regulators, Yan’s proposal offers a familiar shape. The CFTC already knows how to supervise clearing firms, futures commission merchants, and exchanges. Asking it to supervise the companies plugging into Hyperliquid, rather than a decentralized blockchain, keeps the agency inside its comfort zone.
HYPE holders have a specific reason to watch. Every HIP-3 deployer has to lock up 500,000 HYPE for at least 183 days, so a wave of new market operators would mean more tokens committed to staking.
Yan’s framework is a proposal, not policy. The CFTC has not formally adopted it, and the SEC’s view on where Hyperliquid fits remains a separate variable.
What to watch next: any formal guidance from Selig’s CFTC on how it will treat platforms like Hyperliquid, whether additional US brokers or clearing firms copy the Payward model, and how the Hyperliquid Policy Center uses its 1 million HYPE war chest in conversations with the CFTC and SEC.
Disclosure: This article was edited by John Chen. For more information on how we create and review content, see our Editorial Policy.
Decentralized trading platform Hyperliquid is set to deepen its presence in traditional asset markets after EQX Labs announced plans to introduce a suite of tokenized US stocks and exchange-traded funds.
The offering, scheduled to go live soon on Hyperliquid’s HyperCore infrastructure, will enable continuous, round-the-clock trading of these instruments as native HIP-1 tokens against the USDC stablecoin on the venue’s public order book.
EQX Labs detailed its initial lineup of eleven markets, covering major individual names such as Apple, Nvidia, Microsoft, Amazon, Alphabet, Meta Platforms, Tesla, Micron Technology, and SpaceX, along with products tracking the S&P 500 and Nasdaq 100 via the SPDR S&P 500 ETF and Invesco QQQ Trust.
These will trade under dedicated tickers including EQSPY, EQQQQ, EQNVDA, and EQSPCX.
Eligible participants can place orders directly on the order book without intermediary brokerage layers, with on-chain settlement completing in less than one second.
The design centers on a one-to-one backing structure.
Each token corresponds to shares of the referenced company or fund held in custody accounts in the name of the issuer at Depository Trust Company-connected firms, specifically Alpaca Securities, StoneX Financial, and Clear Street.
Daily reconciliations are planned so that market participants can verify the underlying holdings.
Shares in the process of settlement from authorized participants are tracked separately and expected to clear by the following US business day.
https://t.co/CMSApltjRC
— EQX Labs (@eqxlabs) October 14, 2026
The tokens themselves are structured as share-backed, limited-recourse notes issued by EQX SPC Ltd., a British Virgin Islands segregated portfolio company.
The EQX STAR Trust owns the issuer, a Cayman Islands purpose trust with independent governance, while EQX Labs provides technology services under a contract rather than serving as the issuer.
Economic features include automatic reinvestment of dividends into additional shares of the same security after applicable withholding taxes, with stock splits reflected in the backing.
Holders may also submit voting instructions through wallet signatures. Importantly, the issuer adds no fees for creation, redemption, or holding of the tokens and takes no portion of dividend proceeds.
Revenue for the project instead derives from a share of Hyperliquid’s standard spot trading fees.
Creation and redemption are restricted to authorized participants and occur in kind at zero issuer cost, supporting tighter arbitrage between the tokens and the underlying shares during US market hours.
The structure deliberately prioritizes transparency and cost efficiency relative to many prior tokenized equity products, aiming to position Hyperliquid as a competitive venue for price discovery in US equities over time.
Tokens can also serve broader purposes within the ecosystem, such as collateral for lending or vault strategies.
However, important distinctions remain: holders receive economic exposure through a debt instrument rather than direct equity ownership or shareholder rights against the underlying companies, and redemption in kind is available only to eligible institutional participants.
Access is restricted; the products are not offered to US persons, individuals located in the United States, residents of the British Virgin Islands, or sanctioned persons.
Trading has not yet commenced, and no precise launch date has been provided.
The initiative joins existing tokenized equity activity on Hyperliquid from other issuers, further extending the platform beyond crypto-native assets while leveraging its high-throughput order book and integration with both spot and perpetual markets.
02 · The pet reads it back When you buy something online, you rarely think about Stripe. The shop shows you what you want, you tap pay, and Stripe handles everything in between: it checks the card, moves the money and keeps a record of the payment. Most people never see it. They only notice that paying works.
Your data should work the same way. Today we are releasing the new Vana App, built on that idea. It sits behind the apps you use. When one of them asks for some of your data, the Vana App shows you exactly what it is asking for and lets you decide. If you say yes, your data moves to that app with your permission, and the move is recorded.
The quickest way to see it is OpenPet, an app built by a team in the Vana Builder League. It takes about a minute, and it shows the whole flow from start to finish.
Data is more useful when it can move Your data sits in the services where you created it. Your sleep is in your ring's app. Your listening history is in your music app. Your spending is with your bank. Locked in those places, it does very little for you. The app that could do the most with it is usually a different app, built by someone else, with no way to reach it.
That is the problem Vana was built for. A person's data should be able to move to the app they choose, under their permission, with a record of what they agreed to. Vana is the open network it moves on, and it is already in use.
100+
1.5M
20M+
The new Vana App is how that works in your hands. Its job is to carry your data to the apps you choose, ask you first every time, and keep the record. The apps get to spend their time on what they are good at.
Why the app sits behind other apps Stripe became part of the internet's plumbing because every shop needed a checkout and almost none wanted to build one. A shop that uses Stripe gets to spend its time on what it sells.
Apps that want to use personal data face a harder version of the same problem. They have to connect to the services where the data lives, ask the person for permission, store the data safely, and let the person take it back. When every app builds that alone, every app does it slightly differently, and the person ends up with a different set of settings everywhere they go.
With Vana, a builder asks for the data and the Vana App handles the rest. The person sees the same permission screen wherever they go and has one place to see what they have shared and take it back. The builder gets data they could never collect on their own, with a record of what the person agreed to.
What happens when an app asks for your data Here is the flow as it runs in OpenPet.
You tap Connect in the app.
The Vana App opens and asks you to approve the request. It names the app asking (OpenPet), the source (your Oura Ring) and exactly what it wants (sleep, readiness and activity). Nothing moves until you approve.
You approve.
Your data is saved to your own Personal Server and passed to OpenPet with your permission. The permission is recorded.
You can take it back at any time.
That is recorded too.
That is the whole thing: one request, one decision, one record.
See it work in OpenPet OpenPet was built by a team in the Vana Builder League. Connect your sleep, readiness and activity data from an Oura Ring, and OpenPet turns it into a pet that reads your data back to you: your latest sleep score, your longest run of good sleep, the night your readiness dipped.
Your Oura Ring data is downloaded and saved to your own Personal Server before it reaches OpenPet.
The pet reads it back: “Your longest run of good sleep was 15 nights, ending 26 July.” It is a playful app on purpose. It shows that the data you already create can come back to you as something you enjoy, on your terms. The same flow works for any app built on Vana.
Your XP carries on The Vana community programme now lives at community.vana.org. Log in to see your XP and earn more. Your XP comes with you, and unclaimed XP does not expire.
This week, trying OpenPet earns 50 XP, and posting about OpenPet on X earns another 50 XP.
What this means Stripe earns a small fee each time a payment goes through. Since the Vega upgrade, the Vana network works the same way: it earns every time one person's data moves. Someone moves their data to an app. The app reads it. The network earns.
For you, it means the data you create can finally do something for you, and you stay in charge of where it goes. For builders, it means you can build on real data from real people without building permission, storage and records yourself.
Vana brings your data home. This week you can watch it happen.
Michael Saylor, executive chairman of Strategy and a strong advocate of Bitcoin, has responded to the latest study on the preferred types of money for artificial intelligence models. The crypto leader has strengthened his belief that Bitcoin (BTC) is the ideal savings tool.
"Smart money saves in Bitcoin," Saylor said on X after the latest quarterly update on the research project "Money for AI".
According to reports, the Q3 update to the research extends the initial project by adding 13 more AI models. In this new research, the 13 new AI models are tested in four financial activities: saving for the future, paying, pricing/account keeping, and transaction settlement.
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The study aims to find out what monetary tools the AI models would prefer if they acted as autonomous economic agents instead of being controlled by human beings.
Bitcoin's advantage in savings for AI modelsThe initial study from the Bitcoin Policy Institute in March covered 36 AI models and 9,072 scenarios with money.
The results showed a notable preference for Bitcoin in retaining wealth in the long term.
In particular, the choice of Bitcoin as the best option for preserving wealth shows a significant result of 79.1% compared to stablecoins, fiat money, and other cryptocurrencies.
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Bitcoin showed the most preferred monetary tool across four financial activities at 48.3% of responses.
On the other hand, stablecoins are the most preferred payment tool with 53.2% of responses compared to 36% for Bitcoin.
A follow-up study with nine new models showed a similar pattern of results. Bitcoin holds 75.8% for the savings option, while stablecoins remain strong for payments.
The results show that the AI models can differentiate between value-preserving assets and transactional assets.
Public companies now hold approximately 1.29 million BTC across nearly 200 corporate balance sheets as of October 2026. For much of the past two years, the prevailing treasury strategy focused on accumulating Bitcoin and maintaining holdings in custody. That model is beginning to evolve. New Bitcoin collateral infrastructure, including Sui’s Hashi network, is preparing to launch this month, offering institutional access to Bitcoin collateral markets with more than $500 million in announced capital commitments. Meanwhile, Nasdaq listed Zhibao Technology announced a strategic collaboration with Bedrock on October 12 to explore deploying part of its 2,380 BTC treasury into onchain infrastructure, with institutional custody and compliance considerations forming part of the proposed framework.
Each of these structures has to answer the question a treasury manager will be asked by their board: who controls the Bitcoin once it leaves custody to work onchain. Deploying into DeFi has usually meant transferring it to an intermediary that holds it on the institution's behalf, and that transfer is where most of the counterparty risk in the trade sits.
In short: Institutions can deploy Bitcoin into DeFi without a centralized custodian by separating the Bitcoin from the instrument that moves onchain. The Bitcoin stays reserved in its own UTXO under threshold cryptography, while a 1:1 claim such as tBTC is deployed in its place. Redemption rights stay with an account the institution already controls, and anyone running a Bitcoin node can verify the reserve.Onchain Bitcoin Is Mostly Being Borrowed AgainstA snapshot of the tBTC contract on Ethereum at block 26,141,569 counts 4,152.96 tBTC on the network. Roughly 48% of it sits in Bitcoin-backed lending markets, which makes credit the largest single use of the asset.
Across the network, the supply splits into four uses:
Lending markets, about 48%. Aave alone holds 41.5% of all tBTC on Ethereum, roughly 1,725 tBTC, and three smaller lending markets add a further 6.1%.Outside the listed protocols, 32.7%. This is tBTC the snapshot does not attribute to any of the integrated venues it tracks.Ethereum layer 2 networks, 10.5%. tBTC bridged onward to networks built on Ethereum.DEX liquidity, 8.1%. tBTC supplied to trading pools.Holders are mostly posting Bitcoin as collateral and borrowing against it. Deploying Bitcoin into DeFi is in practice a financing decision, so the party a treasury has to evaluate is the market it borrows from.In a Lending Market, the Counterparty Is a RulebookA centralized lending desk sets its terms by contract and decides how it treats collateral on its own. When several such desks failed in 2022, one large lender's terms had treated deposited assets as loans to the platform, and its bankruptcy filing showed roughly $4.7 billion owed to users.
An onchain lending market publishes its terms as code instead. The two models differ on the points a risk committee checks first:
Centralized Desk vs Onchain Market | Threshold NetworkThe onchain model takes the discretionary custodian out of the financing trade, though venue risk stays. That risk attaches to whatever asset is posted as collateral, so the structure of the collateral decides how far it travels:
Bitcoin posted directly. Every venue event, from a liquidation to a contract failure, reaches the treasury's reserve.A 1:1 claim posted against reserved Bitcoin. Liquidations and venue failures affecting the claim do not reach the reserved coins.Depth Is the Constraint Institutions Will Hit FirstThe same snapshot shows how concentrated onchain Bitcoin credit is. One market holds about 87% of the tBTC sitting in listed lending venues, so a treasury deploying today would in practice be taking that market's code and governance as its main venue exposure.
Size raises a second question. Public companies hold about 1.29 million BTC, and 1% of that, roughly 12,850 BTC, is more than three times the 4,153 tBTC currently on Ethereum. A treasury deploying a quarter of a 2,380 BTC reserve would add about 595 BTC, around 14% of today's Ethereum tBTC supply.
Those numbers set the diligence questions a treasury manager should ask before choosing a venue:
Capacity. Can the target market's supply caps absorb the position?Share. What portion of the market would the position represent once it is in place?Exit. How long would the position take to unwind through that market's liquidity under stress?Governance. Who can change the market's parameters while the position is open, and with how much notice?Keeping the Reserve Out of the VenueVerifiable Bitcoin Accounts are Threshold's structure for separating the reserve from the venue. The Bitcoin stays in the institution's existing custody arrangement in its own reserved output, and only tBTC minted against it goes to a lending market; the mechanics are set out in the launch post and mapped against a full custody review in Who Controls the Bitcoin?
For the financing decision, the useful property is that venue selection and custody stop being the same choice. A treasury can size its tBTC position to what a market can absorb while the reserve behind it stays where its auditors already expect to find it. That matches how institutions say they want to operate, with 53% of respondents in the 2026 EY-Parthenon and Coinbase survey preferring a traditional finance platform with crypto capabilities that keeps digital assets inside existing portfolio and risk processes.
Where This StandsStatus: pre-deployment. Verifiable Bitcoin Accounts are not live yet, and the first live position depends on steps governed by the protocol. Treasury teams evaluating the model now can review the architecture and legal structure ahead of launch through the diligence pack, which is led by a custody-and-control brief that cites the code behind each claim and is available to qualified institutional participants on request. Request the Diligence Pack
Frequently Asked QuestionsCan an institution use Bitcoin in DeFi while keeping its existing custodian?
Yes. A Verifiable Bitcoin Account is funded with one Bitcoin transaction and operated from an Ethereum account within the institution's current custody stack, so the existing custodian relationship stays in place.
How is tBTC different from custodial wrapped Bitcoin?
Custodial wrapped Bitcoin relies on a single issuer holding a pooled reserve. tBTC is minted against Bitcoin secured by a 51-of-100 threshold signer set. With Verifiable Bitcoin Accounts. the coin sits in segregated accounts within the BTC network.
Is the reserved Bitcoin ever lent or rehypothecated?
With Verifiable Bitcoin Account, the reserved Bitcoin is excluded from lending and pledging by design. The protocol and its signers reject any attempt to combine a position's UTXO with any other funds.
How does a treasury or audit team verify a position?
Each position can be located directly from its Bitcoin outpoint. Every movement is a single-input, single-output transaction, so any Bitcoin node can reconstruct the full lineage back to the original deposit.Are Verifiable Bitcoin Accounts live?
They are pre-deployment, and the first live position depends on protocol governance steps. Qualified institutions can request the diligence pack ahead of launch.Check other Bitcoin Markets available onchain
Bitcoin production has fallen to 529 BTC at CleanSpark and 167 BTC at BitFuFu in September, while Canaan has maintained output at 44 BTC, according to the companies’ operational updates.
Summary
CleanSpark’s production fell nearly 11%, while its Bitcoin holdings dropped to 13,530 BTC. BitFuFu reported lower cloud mining output despite an increase in its self-mining production. CleanSpark will replace monthly mining updates with quarterly reporting as its data center business expands. Canaan maintained production at 44 BTC and brought its Nordic heating project fully online. CleanSpark, BitFuFu and Canaan reported different treasury movements alongside their September production figures: CleanSpark’s holdings declined, while the other two companies added Bitcoin to their balances.
According to their updates, CleanSpark held 13,530 BTC at month-end, compared with 13,703 BTC in August. BitFuFu’s balance rose to 1,388 BTC from 1,373 BTC, while Canaan’s holdings increased to 1,875 BTC from 1,868 BTC.
CleanSpark’s Bitcoin sales exceed September production In its September operational update, CleanSpark reported production of 529 BTC, down from 593 BTC in August, reversing the previous month’s modest increase.
The company disclosed sales of 2 BTC on spot markets and deliveries of another 700 BTC through call option exercises. CleanSpark reported an average sale price of $72,928 per Bitcoin for the transactions.
With 702 BTC sold or delivered against 529 BTC mined, the company’s disclosed transactions exceeded production by 173 BTC. Its month-end treasury declined by the same amount, according to the operational figures.
Alongside the production report, CleanSpark said it would discontinue monthly mining updates and publish the figures quarterly instead. The reporting change accompanies its expansion into data centers, including the Sandersville campus in Georgia.
For investors following the company through its Nasdaq-listed CLSK shares, the announcement changes how frequently CleanSpark will publish its mining performance and Bitcoin treasury figures.
In the Thursday trading snapshot cited by The Block, CLSK traded at $8.76, leaving the shares down more than 24% since the start of the year.
CleanSpark finances its Georgia data center expansion For its Sandersville construction, CleanSpark announced last week that it had closed a $2.276 billion senior secured notes offering, according to the financing report cited in the original coverage.
Earlier, crypto.news reported that the company had proposed secured notes worth $2.227 billion on Sep. 17. Under that proposal, subsidiary CSDC Finance I LLC would issue the debt, with the notes due in 2031.
The September announcement said proceeds would fund construction, reimburse certain earlier equity investments and establish debt-service reserves. CleanSpark also said the proposed notes would carry a first-priority lien over most assets belonging to the issuer and the Sandersville property company.
Under the proposed terms, the notes carried no right to convert into CleanSpark common shares.
The underlying customer agreement predates the financing. In coverage published on Aug. 7, the company’s Georgia data center lease covered 175 megawatts over 20 years, with an undisclosed investment-grade technology company as the customer.
CleanSpark estimated $6.6 billion in contracted revenue over the initial lease term. In the same earnings release, it reported a $239 million quarterly net loss and revenue of $138 million, down 30.5% from a year earlier.
BitFuFu’s cloud mining decline offsets self-mining gains According to BitFuFu’s Oct. 13 update, September production fell 4% to 167 BTC from 174 BTC, although average daily output remained unchanged at 5.6 BTC.
Within that total, self-mining generated 98 BTC, up more than 11% from August’s 88 BTC. Cloud mining production fell to 69 BTC from 86 BTC, a decline of nearly 20%.
The company also disclosed uncertainty over its proposed purchase of a majority stake in an Ethiopian business operating an 80 MW mining facility.
Under the agreement, BitFuFu had paid sellers $4.1 million and deployed about 13,700 Bitmain Antminer S19-series machines. The company said the acquisition had not closed because required conditions remained unsatisfied.
According to its disclosure, the target company’s electricity supplier issued a notice on Sep. 28 threatening to take possession of collateralized equipment and assets unless it received a disputed payment within 10 days.
BitFuFu said it was assessing termination, arbitration, recovery of payments and the return of its machines. The company identified a material risk that the acquisition might not close.
Separately, Sep. 16 coverage documented Ethiopia’s cuts to mining power. Ethiopian Electric Power CEO Ashebir Balcha said electricity deliveries to miners had fallen to 23% of contracted amounts after earlier reductions.
The Block’s Thursday snapshot put FUFU shares at $1.27, down more than 54% year to date.
Canaan maintains output and brings heating project online In its Oct. 15 release, Canaan reported 44 BTC mined in September, matching August and ending three consecutive monthly declines.
For its energy projects, chairman and CEO Nangeng Zhang said:
“Our 8 MW Nordic district heating project is now fully operational, delivering recovered computing heat to approximately 2,800 homes.”
In Canada, Zhang said a greenhouse heat-recovery project was approaching planned deployment, subject to site inspections.
The company’s release also disclosed a direct use of its digital assets for shareholders in its U.S.-listed securities. By Oct. 15, Canaan said it had converted 3,952 ETH and 54.5 BTC into approximately $13.9 million in cash under a treasury-funded repurchase initiative.
According to the update, Canaan spent $5.4 million buying back 13.6 million American depositary shares in late August, bringing year-to-date repurchases to approximately 16.4 million ADSs.
The Bank of Russia announced that peer-to-peer cryptocurrency trading between individuals will remain legal until July 1, 2027, after which such transactions will be prohibited under a newly enacted law. This development was confirmed in an official FAQ published on October 12 as the regulator clarified updated rules for digital currency operations in the country.
Law restricts direct crypto tradesThe framework is outlined in Federal Law No. 282-FZ, “On Digital Currencies and Digital Rights,” which President Vladimir Putin signed on August 4. The law took effect in September, and Article 30 specifies the types of crypto transactions permitted without a licensed intermediary. Beginning July 2027, direct trades between private individuals will no longer be allowed.
Instead, crypto trading must take place through or directly with companies authorized to “organize the circulation” of digital currencies. These organizations include brokers licensed by the Bank of Russia and crypto exchanges registered in the central bank’s official registry.
The Bank of Russia also confirmed that individuals are not permitted to transfer crypto from digital accounts to their own non-custodial wallets or send assets to another person through addresses maintained by digital depositories. These companies are licensed to record ownership of coins, but using their infrastructure for person-to-person trades or transfers remains off-limits.
Stablecoin access and peer-to-peer model targetedThe regulations target the standard peer-to-peer model that has become popular since Binance exited the Russian market in 2023 by selling its operations to CommEX. Many residents have used this approach to obtain stablecoins such as USDT, transferring rubles to sellers’ bank accounts in exchange for digital tokens. This method will be expressly prohibited from July 2027.
Crypto exchange organizations must be Russian companies with at least 15 million rubles in equity and must appear in the central bank’s registry. However, these businesses can continue operating without registration until July 1, 2027.
Lending crypto is also tightly regulated; only licensed brokers, trustees, exchange operators, and clearing houses are authorized to issue crypto loans. Ordinary users will not be able to lend or borrow crypto directly between each other.
Limits on investor activity and foreign platform fundingThe Bank of Russia’s guidelines also introduce strict limits on non-qualified investors. These individuals must pass a test and can purchase up to 300,000 rubles (about $3,600) of digital assets annually. Qualified investors are not subject to these restrictions. For non-qualified investors, only Bitcoin, Ethereum, and USDT are authorized for purchase.
Starting in July 2027, Russian banks will also be required to block clients from funding crypto wallets on foreign platforms and refuse to process ruble withdrawals from those services. Legal experts note that these requirements will make accessing international exchanges significantly more difficult for ordinary users.
Russian banks enter crypto exchange marketOn October 12, Sberbank, Russia’s largest lender, joined the registry of approved crypto exchange organizations and plans to introduce its first crypto products by December 1. VTB and T-Invest Lab are also registered to provide authorized crypto services in accordance with the new regulations.
The law maintains a domestic ban on spending crypto for goods and services but allows digital currencies to be used for foreign trade settlements. Kaplan Panesh, deputy chair of the Duma’s budget committee, openly characterized this as a mechanism to bypass international sanctions when the bill went through parliamentary review earlier this year.
From July 1, 2027, peer-to-peer deals—where two people swap rubles for coins without a regulated middleman—will no longer be legal, the Bank of Russia confirmed this week.
With shifting regulations and narrowing pathways for direct trading, investors are increasingly looking for tools to optimize their crypto activities. In a market where a single Fed decision or an unexpected altcoin listing can trigger sharp movements within seconds, continuously switching between different applications for charts, news, and portfolio management can lead to missed opportunities. Many traders now use privacy-focused solutions such as CryptoAppsy, which provide real-time charts, instant price alerts, coin-specific news, and key macroeconomic data in a single interface—without the need to sign up for an account.
Crypto News: Pepeto Announced Its Raise Right as the Bitcoin Price Prediction Hit $175,000. Bitcoin trades at $80,850 per CryptoTimes, holding $80,000 through a hot inflation print after a 40% climb off its $58,000 summer low. That strength resets what analysts dare to say, and the newest Bitcoin price prediction landed on October 15: Brian Vieten of...
DUBAI, United Arab Emirates, Oct. 16, 2026 (GLOBE NEWSWIRE) -- Pepeto has announced that its raise passed $11.231 million, the loudest number yet from the viral new crypto, and the live stage is close to running out. Presale watchers see Pepeto across every crypto news feed, buyers keep arriving daily, and a figure this size tells its own story: the money inside this project believes it found the next Shiba Inu, and wallets this smart rarely crowd one door without reason. Every stage before this one sold out ahead of schedule, and this one is tracking the same way, right as the market hunts its best crypto to buy now and the newest Bitcoin price prediction lands on a giant target, two facts that explain each other.
Crypto News: Pepeto Announced Its Raise Right as the Bitcoin Price Prediction Hit $175,000
Pepeto announced its raise the same week the Bitcoin price proved its floor. Bitcoin trades at $80,850 per CryptoTimes, holding $80,000 through a hot inflation print after a 40% climb off its $58,000 summer low. That strength resets what analysts dare to say, and the newest Bitcoin price prediction landed on October 15: Brian Vieten of Nasdaq-listed Siebert Financial maps $175,000, a 117% move, laid out on Coinpaper.
Can the Bitcoin price really get there? We ran the target through three checks. Ownership changed: banks now take Bitcoin ETF shares as collateral, so holders borrow instead of selling, which pulls supply away. The floor changed: rebounding 40% then holding $80,000 on bad inflation news is base-building, not topping. And the fuel grows: money supply and wallet adoption are the inputs Vieten's model runs on. All three agree: bull cycle in motion.
Still, the honest math stays honest: even this Bitcoin price prediction is barely a 2x on an asset worth $1.6 trillion, a solid year for million-dollar wallets, while $5,000 becomes roughly $10,800 at best. When the largest coin can only double, the life-changing wins start smaller, and every cycle names the same place, early presales free of giant market caps, the road back to the raise above.
Pepeto's $11.231M Raise Rests on a Working AI DeFi Exchange While the Bitcoin Price Holds
Pepeto has announced $11.231 million raised, the figure behind its rank as 2026's top early entry. Rewind one cycle: everyone knows somebody who slid a little into Shiba Inu and banked returns no large cap could print, then remembers waiting. That moment is repeating, still early. Across X, Telegram, Reddit, and the crypto news feeds, Pepeto talk multiplies with zero paid promotion, whales spotted the pattern first, and $11.231 million already sits inside.
What that money bought is bigger than the meme: underneath runs a full trading platform, zero-fee swaps, an AI layer checking every contract, reach spanning Ethereum, BNB Chain, and Solana, launch usage rewarding the earliest wallets, all SolidProof-signed before a single token moved. A former Binance executive plants the hype on solid ground.
One comparison closes the case: Shiba Inu built fortunes while shipping zero products, and Pepeto carries equal viral heat with a live exchange underneath, so the real question is not whether it matches SHIB, but why it would do less.
Conclusion
Pepeto has announced the largest figure in its history while daily crypto news backs the bull cycle, and even a $175,000 Bitcoin price prediction draws the ceiling: Bitcoin made its millionaires when a coin cost a few hundred dollars, and at $80,850 on a $1.6 trillion valuation that story has no room to repeat, so the next millionaires get made somewhere smaller and earlier.
Every data point above reads this new crypto as solid, the virality as real, whale capital keeps arriving, the kind that never moves without double-checking.
A few hours of hesitation locked thousands out of Shiba Inu: the moment the Binance headline dropped, that price stopped existing, and whoever moved banked returns the market still retells. That same setup sits open today at presale pricing, before listing. So on any best crypto to buy now list, large caps like Bitcoin earn a spot for a strong year, but the life-changing slot belongs to a project like Pepeto.
PEPETO is sold only via the Official Pepeto Website.
FAQs
How big is the newest Bitcoin price prediction for 2026?
The newest Bitcoin price prediction comes from Siebert Financial's Brian Vieten, who on October 15, 2026 mapped Bitcoin above $175,000, a 117% gain, per Coinpaper. The Bitcoin price sits near $80,850 after holding the $80,000 floor through hot inflation data, per CryptoTimes.
Why is Pepeto named the best crypto to buy now in crypto news?
Pepeto tops best crypto to buy now lists because this new crypto passed $11.231 million with its stage nearing sellout, with a SolidProof audit and a zero-fee exchange built. Shiba Inu paid those who entered ahead of its Binance headline, and that pre-listing door is where Pepeto stands today.
Disclaimer: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. Investing involves risk, including the potential loss of capital. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release.
A hacker operating a widespread “task scam” scheme has lost approximately 60 Bitcoins, valued at around $4.8 million, as a result of the recent Ledger hardware wallet hack. The stolen amount highlights both the scale and reach of the security breach affecting the crypto hardware wallet sector.
Scammer among major victims in hardware wallet exploitChainalysis, a blockchain analytics company, reported that the scam operator initially transferred illicitly acquired Bitcoin into three separate Ledger wallets on September 22. On October 9, these funds were consolidated and sent to a wallet previously linked to stolen assets.
Despite the significant loss to the scammer, there is currently no indication that the original victims of his scheme have recovered their funds.
Task scams often involve building trust with small payouts before pressuring individuals to deposit additional money under false pretenses such as a “negative balance.”
How task scams target individualsThe accused operator organized fake jobs and paid participants to carry out fabricated sales and reviews. After a period of building trust, victims were informed of an alleged negative balance and were persuaded to deposit their own money to receive promised payouts.
In 2024, the US Federal Trade Commission (FTC) described similar fraudulent schemes where small online tasks create the illusion of legitimate employment. The FTC estimated that about 20,000 reports concerning task scams had been filed in the first half of 2024, with overall job scam losses surpassing $220 million.
Tampered Ledger devices and method of attackAccording to a statement from Ledger, the perpetrators purchased genuine hardware wallet devices, implanted malicious components within them, and then reintroduced the tampered products into Southeast Asian distributor channels. These modifications enabled the collection of 24-word recovery phrases during device setup, giving attackers remote access to affected wallets.
Ledger maintains that its systems remain secure and has instructed authorized sellers to cease displaying devices openly, supplying them only at the time of purchase.
Mini dictionary: Ledger is a French company specializing in cryptocurrency hardware wallets, widely used for the self-custody of digital assets.
Damage assessment and expanding industry responseWhile Ledger has not provided an official loss total, Bitquery, a blockchain analytics firm, estimated that around $102 million was stolen from 324 wallets spread across six blockchains: TRON, Bitcoin, Ethereum, Solana, BNB Chain, and Polygon. This figure increased from a prior estimate of $86 million.
Bitquery identified CryptoBilis, a hardware wallet reseller operating in Indonesia, Malaysia, and the Philippines, as an origin point for the affected devices. Stolen funds showed coordinated movement, including $10 million in USDT that Tether subsequently froze. Further portions of the assets were traced through protocols such as Tornado Cash and THORChain.
BlockchainEstimated Stolen FundsNotable ActionsBitcoin~$60 millionLinked to task scammer lossEthereumn/aFunds moved via mixersTRONn/aIncluded in total loss countSolanan/aPart of affected walletsBNB Chainn/aPart of affected walletsPolygonn/aPart of affected walletsMini dictionary: Tornado Cash and THORChain are decentralized protocols that enable the mixing or swapping of cryptocurrencies, often used to obfuscate the origin and movement of digital assets.
Growing industry concerns and countermeasuresThe Ledger incident has intensified concerns regarding cryptocurrency security and the vulnerability of hardware wallet supply chains. TRM Labs reported 207 crypto attacks during the first half of 2026, with $972 million in losses. Notably, while infrastructure and operational breaches made up 15% of attacks, they accounted for 76% of overall losses.
Although the recent Ledger theft has captured industry attention, researchers have not identified a significant impact on overall cryptocurrency market prices.
Chainalysis observed that despite several high-profile thefts, on-chain economic activity decreased only 1.6% during a period when the broader crypto market capitalization dropped by about half, though these statistics predate the Ledger hack.
In response to ongoing threats, hardware wallet manufacturers and resellers are adjusting their security policies. Trezor, a leading hardware wallet provider, announced the termination of some reseller authorizations effective January 1, 2027. OneKey, another wallet producer, ended its relationship with CryptoBilis. Industry sources indicate that these measures aim to address supply chain weaknesses but restoring full trust in self-custody solutions remains a challenge.
Major irony alert as scammer falls victim to Ledger supply chain attackLedger was forced to suspend its reseller network across South East Asia this week, after thieves stole more than $103.4 million from 530 addresses via tampered Ledgers inserted into the supply chain. But in a small measure of poetic justice, one of the “victims” was a scammer themselves according to Chainalysis.
The blockchain monitoring firm reports that the scammer lost 60 Bitcoin, worth about $4.8 million, from three newly purchased Ledgers containing spyware that records seed phrases. The Ledger thieves drained all three of their funds into the same wallet.
In a further irony, the scammer had operated a “task scam” where people were paid to fake sales and reviews of real items. So depending on how much they knew, their victims in turn may not have been entirely honest either. “Then a ‘negative balance’ appeared, and they were told to add their own money in order to get paid,” Chainalysis reports. So it’s possible that a scammer of scammers has just got scammed. In crypto it’s sometimes turtles all the way down.
Despite reports of tampered Ledgers showing up in Europe forcing electronics retailer MediaMarkt to suspend sales, Ledger insists that all of the confirmed thefts to date are from Asia. It has asked resellers in Indonesia, Singapore, Thailand, the Philippines, Vietnam, Malaysia and Hong Kong to remove Ledgers from sale. Trezor too, has decided to shutter some of the more far flung resellers in its network from Jan.1, as it can’t guarantee it can perform the same level of vigilance as it performs on resellers closer to home. There are no reports of tampered Trezors however.
In the midst of the worst hardware wallet scandal since the Coldcard seed phrase debacle at the end of July, Ledger decided it was the ideal moment to launch its latest device. Called Atom, the $849 device combines a crypto wallet with Android apps, which are kept separated from sensitive wallet operations. The device includes protections Ledger says would block the implants used in the Asian thefts and claims it can detect tampering even when switched off.
A first look at Ledger Atom. Source: Ledger
SOUTH KOREA
South Korea moves to block 27 overseas crypto exchangesSouth Korean authorities have approved measures to block domestic access to 27 websites operated by unregistered crypto exchanges and other virtual asset service providers, including KuCoin, MEXC, Phemex and Bitrue.
The Financial Intelligence Unit (FIU) said in a statement: “With this decision, blocking measures against illegal virtual asset operators will also apply to internet websites, following apps such as those on Apple and Google,” the FIU said, according to a translation.
The list also includes CoinW, BTCC, BitMart, BingX, DigiFinex and others.
South Korea plans cybersecurity overhaul after attacks hit banks, crypto firmsSouth Korea will tighten cybersecurity requirements for financial institutions after an investigation into earlier security incidents involving 16 companies including crypto exchanges found some big holes.
The Financial Services Commission said it would pursue improved threat monitoring, more frequent security assessments and stronger accountability for executives after an industry-wide review found cybersecurity deficiencies at 130 of 555 financial companies.
South Korean bank launches Bitcoin-backed business loans: ReportJeonbuk Bank reportedly began offering Bitcoin-backed loans to corporate customers, with a third-party custodian holding the cryptocurrency used as collateral.
THAILAND
Thailand’s Bitcoin, Ether ETFs launch tradingThailand’s Securities and Exchange Commission has finalized rules that go into effect Friday allowing crypto exchange-traded funds (ETFs) to list on Thailand’s main stock exchange.
Kicking off with Bitcoin and Ether ETFs, the products must list exclusively on the Stock Exchange of Thailand. Products linked to foreign crypto ETFs will not be permitted initially, and Thai brokers are barred from facilitating investments in overseas crypto ETFs for anyone except institutions and ultra-high-net-worth individuals.
However, James Butterfill, head of research at digital asset investment firm CoinShares, told Cointelegraph not to get too excited.
“I would expect modest inflows initially, with tens of millions of US dollars across the first products a more realistic starting expectation than billions,” he said.
AUSTRALIA
Australia seeks feedback on crypto platform rules ahead of 2027 rolloutAustralia’s securities regulator opened consultation Thursday on proposed capital, custody and trading requirements for crypto platforms, as it prepares to implement legislation passed in April that expands oversight of the industry.
The proposals include three alternative capital models, restrictions on platforms trading for their own account and quarterly reporting of wallets holding customer assets. ASIC also proposes allowing offshore custody while seeking feedback on safeguards if an overseas parent or related company fails.
The Australian Securities and Investments Commission (ASIC) also proposed expanding the rules for contracts for difference (CFDs) to crypto. CFDs let traders bet on price movements without owning the underlying asset.
CHINA
Chinese fraud victims lose key court battle over 61,000 BitcoinChinese fraud victims seeking to recover 61,000 Bitcoin seized by the British government have lost a key legal battle after London’s High Court ruled that Chinese law, rather than English law, should govern claims to the assets.
“The relevant damage occurred in China. The Applicants parted with their money in China,” Justice Mark Turner wrote. “The contractual relationships thereby induced were entered into in China.”
The dispute stems from an investment fraud scheme orchestrated by Zhimin Qian between 2014 and 2017, with British authorities seizing the assets during a money-laundering investigation. The claimants will appeal the ruling in British courts.
THE PHILIPPINES
Coins.ph says it still has a Philippine central bank license intact despite reportsCoins.ph said it is still licensed by the country’s central bank despite reports that it could face license revocation over alleged transactions involving restricted offshore gambling operators.
Coins.ph is one of the largest crypto exchanges in the Philippines, and the reported license risk follows restrictions imposed by the central bank on some incoming transfers involving DCPay Philippines which operates Coins.ph’s peso e-wallet services.
“Coins.ph firmly denies any claim that it knowingly serves offshore gaming or gambling operators,” the company said. “Our users’ funds are safe; we continue to operate as a BSP-licensed institution,” it added.
HONG KONG
Binance may add Asian stocks to the platformBinance co-CEO Richard Teng said during Token2049 the exchange may add Hong Kong, Korean, Taiwanese and Brazilian equities to its platform.
Second Solana ETF lists in Hong KongPando Finance’s Solana ETF has launched in Hong Kong’s HKEX under the ticker 2831.hk. It’s the second such fund and has a 0.6% fee, undercutting the first fund from ChinaAMC which charges 0.99% annually.
SINGAPORE
Singapore crypto scam losses fall by 43%A crackdown by Singapore Police in partnership with local crypto exchanges helped contribute to a 43% fall in reported losses from crypto scams year over year.
Revolut to open new Singapore officeRevolut has announced it will open a new Singapore office, invest S$350 million (US$273M) over the next five years, and expand its local workforce from 170 to 300
Cointelegraph publishes long-form journalism, analysis and narrative reporting produced by Cointelegraph’s in-house editorial team with subject-matter expertise. All articles are edited and reviewed by Cointelegraph editors in line with our editorial standards. Some articles contain affiliate links, from which Cointelegraph may earn a commission. These relationships do not influence which products we review or our editorial conclusions. Content published in here does not constitute financial, legal or investment advice. Readers should conduct their own research and consult qualified professionals where appropriate. Cointelegraph maintains full editorial independence.
Bitcoin’s one-year volatility has fallen to 43%, a level that now sits within the range of S&P 500 stocks, according to a new Grayscale report.
The comparison could help ease concerns among traditional investors, as inflation data keeps markets on edge.
What Volatility Means for BitcoinVolatility measures how much an asset’s price moves over time. Realized volatility, the measure Grayscale uses, tracks actual price swings over the past year.
Grayscale’s analysis puts Bitcoin’s current level in context. Its one-year realized volatility stood at 43%, down from 81% five years ago and below the 64% ten-year average.
Bitcoin’s $BTC volatility has declined over the past decade as the asset has matured, with deeper liquidity, institutional participation, and regulation.
Over the past year, Bitcoin’s realized volatility fell to 43%, down from 81% five years ago, placing it within the range of… pic.twitter.com/DYT6eNsTZa
— Grayscale (@Grayscale) October 15, 2026 The report also places that figure alongside stocks. Bitcoin’s volatility over the past year fell within the range of S&P 500 components. It was lower than the volatility of 19% of the index’s stocks. Even so, it remains above most individual names, and Grayscale says it no longer sits in a separate risk category.
The firm links the decline to market maturation. Deeper liquidity, institutional participation, and regulated access through spot ETFs have smoothed out extreme swings.
Perception is the report’s central message: Bitcoin’s reputation for high volatility may deter traditional investors.
Can Bitcoin Be Managed Like a Large-Cap Stock Today?Grayscale says the comparison matters for investors who already handle volatile positions. Position sizing, a standard tool in equity portfolios, can apply to Bitcoin too.
The latest price action shows why the debate matters. Bitcoin briefly fell near $80,000 after September CPI came in at 3.7% year over year, above the 3.6% expected.
Traders feared the Federal Reserve could keep rates high or raise them further. Still, BeInCrypto data shows Bitcoin recovering to about $82,285, up 0.81% over 24 hours and 1% over the week.
Bitcoin (BTC) Price Performance. Source: BeInCryptoGrayscale adds a caution, however. One year of data cannot reveal how Bitcoin behaves across full market cycles, so the report invites a measured view.
For investors used to volatile large-cap stocks, Bitcoin’s swings may look less intimidating than history suggests.
The Brooklyn District Attorney’s office has dismantled the online backbone of a multinational cryptocurrency scam that drained tens of millions of dollars from Russian-speaking victims across the U.S.
Working with the FBI, investigators executed search warrants across three time zones in a matter of hours and seized or disrupted 241 scam domains and more than 100 cloud servers hosted by Eastern European and American companies. The servers held the scammers’ victim data, site content and operating software, according to a Wednesday statement.
“Our groundbreaking Virtual Currency Unit identified the fraud, tracked the stolen cryptocurrency, broke new ground by uncovering the infrastructure behind the operation, and worked with the FBI to dismantle it,” Brooklyn District Attorney Eric Gonzalez said.
“By disrupting more than 100 servers and hundreds of fraudulent websites, we have struck at the heart of this criminal enterprise and made it far harder for these scammers to victimize others. I commend our investigators and thank the FBI for their partnership in this extraordinary operation.”
The scam worked by luring victims via Russian-language investment ads on Facebook. A Russian-speaking “advisor” then called and walked them through opening an account on a fake crypto platform and buying digital assets.
Weeks or months later, when victims tried to withdraw, they were locked out or hit with bogus “fees” and “taxes.”
Some lost their life savings. Then the scammers came back for more: Posing as recovery services, they contacted victims weeks later and promised to retrieve the stolen money.
The unit had already taken down 400 scam domains, but new ones kept appearing. Hitting the servers behind them cuts off the scammers’ ability to launch new sites quickly or reach past victims.
The three-year investigation has recovered about $300,000 so far, and prosecutors say they are working to claw back more.
Mathew Di Salvo
Mathew is a reporter who's covered the space since 2019, reporting on everything from Salvadoran president Nayib Bukele's Bitcoin bet to crypto exchange FTX's bankruptcy.
Bitcoin treasury firms Strategy and Metaplanet face potential removal from the MSCI’s Global Investable Market Indexes. This follows the index provider’s adoption of a new methodology which would make non-operating companies eligible for inclusion in its global index.
MSCI Could Soon Axe Strategy, Metaplanet Over New Rules
In an announcement, the firm said that it will adopt the proposal to exclude non-operating companies from its global index, potentially putting Strategy and Metaplanet at risk of removal. This follows a consultation period in which it sought to expand the definition of non-operating companies.
As CoinGape earlier reported, the MSCI launched the consultation in August, classifying corporate issuers that have similar characteristics to various investment funds and Business
Development Companies (BDCs) as non-operating companies. It sought to determine, through two screens, which corporate issuers would fall under this lens.
The initial screen was to determine whether the corporate issuer is a company with substantial operating costs. Issuers that fail this screen then undergo the exclusion screen based on five non-industry-specific financial ratios. These ratios are operating asset intensity, expense intensity, cash flow screen, fair value intensity, and capital dependence. Getting flagged on at least four out of five of these ratios leads to exclusion.
Final Decision To Come On November 11
MSCI also said it will release the final list of companies facing exclusion on November 11. The index provider said that it will remove constituents that fail the ineligibility screen in te two of their most recent annual filings.
The firm also pointed to a list of companies that could be impacted by this methodology, with Strategy and Metaplanet facing removal in this simulation. Meanwhile, crypto treasury firms such as Bitmine, Upexi, Cypherpunk Technologies, and DeFi Development are on the watchlist.
Following the November 2026 Index Review announcement, MSCI noted that the new methodology will replace the interim measures it had put in place for digital asset treasury companies. The Strategy stock is down over 1% in overnight trading, trading at $149, according to TradingView data.
Source: TradingView
To trade the stock, check out Best Platforms to Trade Tokenized Stocks
Bitcoin rebounds from its recent low, while previously strong cryptocurrencies have rallied rapidly, with NEAR surging nearly 10%.
After Bitcoin bottomed at $80,000 and rebounded, previously strong altcoins have posted notable gains overnight into this morning. According to HTX market data: NEAR is trading at $5.3281, up 9.9% over 24 hours; ZEC is at $1234.78, up 8.53% over 24 hours; PYTH is at $0.09335, up 10.5% over 24 hours, hitting a new high since last November; INJ is at $8.563, up 11.98% over 24 hours, also hitting a new high since last November.
8 minutes ago
Whale Hamr4x Dumps 145,010 $SOL ($15.25M) After 2 Months
After 2 months, whale Hamr4x dumped another 145,010 $SOL ($15.25M).
8 minutes ago
Google lowers Gemini 4 Argon's Pro subscription price to $20.
Beating AI News Flash: Google has started rolling out Gemini 4 Argon to paid Google AI Pro users. Previously, while Argon had been integrated into the Gemini app, it was only accessible to higher-tier Ultra subscribers within the AI programming tool Antigravity. Now, Pro users can access this flagship model via the Antigravity desktop app and CLI to handle complex programming, debugging, and multi-step development tasks. Google has also set a separate weekly usage quota for Argon for Pro users, which does not take up the existing Gemini 3.8 Flash quota; the two models can be used independently. However, Argon still does not support Antigravity’s built-in IDE, and can only be accessed through the desktop app, CLI, or third-party IDE extensions. Additionally, this access is limited to formal paid Pro subscriptions, with trial subscriptions excluded.
8 minutes ago
AMC CEO issues fresh warning: Opposes Robinhood’s launch of AMC stock tokens in the US, saying it could impact the company’s capital structure.
AMC CEO Adam Aron once again voiced opposition on X to Robinhood’s plan to issue stock tokens, stating AMC does not consent to Robinhood launching tokens replicating AMC’s shares in the U.S. Aron labeled these tokens “fake synthetic stocks,” warning they could impact AMC’s capital structure. He added that the U.S. Securities and Exchange Commission (SEC) requires Robinhood to secure AMC’s approval or at minimum confirm AMC has no objections, stressing AMC should control its own financial destiny rather than letting Robinhood call the shots.
8 minutes ago
A whale opened max leveraged long positions on Bitcoin and Ethereum 4 hours ago, with positions worth $187 million.
According to Yu Jing Monitoring, a whale address (0x30afce2f6842bf183c7e3fe7162e279ff0b6393e) opened a maximum-leverage long position worth $187 million four hours ago. The position includes 1,822 BTC (valued at $150 million) with an entry price of $82,409 and a liquidation price of $80,634, plus 15,270 ETH (valued at $37.33 million) with an entry price of $2,455 and a liquidation price of $2,406. The whale’s most profitable previous trade netted $14.8 million: it opened a long position in NEAR at $2.14 in late August and took profits at $4.88 in late September.
Whale Hamr4x Dumps 145,010 $SOL ($15.25M) After 2 Months
After 2 months, whale Hamr4x dumped another 145,010 $SOL ($15.25M).
20 minutes ago
Google lowers Gemini 4 Argon's Pro subscription price to $20.
Beating AI News Flash: Google has started rolling out Gemini 4 Argon to paid Google AI Pro users. Previously, while Argon had been integrated into the Gemini app, it was only accessible to higher-tier Ultra subscribers within the AI programming tool Antigravity. Now, Pro users can access this flagship model via the Antigravity desktop app and CLI to handle complex programming, debugging, and multi-step development tasks. Google has also set a separate weekly usage quota for Argon for Pro users, which does not take up the existing Gemini 3.8 Flash quota; the two models can be used independently. However, Argon still does not support Antigravity’s built-in IDE, and can only be accessed through the desktop app, CLI, or third-party IDE extensions. Additionally, this access is limited to formal paid Pro subscriptions, with trial subscriptions excluded.
20 minutes ago
AMC CEO issues fresh warning: Opposes Robinhood’s launch of AMC stock tokens in the US, saying it could impact the company’s capital structure.
AMC CEO Adam Aron once again voiced opposition on X to Robinhood’s plan to issue stock tokens, stating AMC does not consent to Robinhood launching tokens replicating AMC’s shares in the U.S. Aron labeled these tokens “fake synthetic stocks,” warning they could impact AMC’s capital structure. He added that the U.S. Securities and Exchange Commission (SEC) requires Robinhood to secure AMC’s approval or at minimum confirm AMC has no objections, stressing AMC should control its own financial destiny rather than letting Robinhood call the shots.
20 minutes ago
A whale opened max leveraged long positions on Bitcoin and Ethereum 4 hours ago, with positions worth $187 million.
According to Yu Jing Monitoring, a whale address (0x30afce2f6842bf183c7e3fe7162e279ff0b6393e) opened a maximum-leverage long position worth $187 million four hours ago. The position includes 1,822 BTC (valued at $150 million) with an entry price of $82,409 and a liquidation price of $80,634, plus 15,270 ETH (valued at $37.33 million) with an entry price of $2,455 and a liquidation price of $2,406. The whale’s most profitable previous trade netted $14.8 million: it opened a long position in NEAR at $2.14 in late August and took profits at $4.88 in late September.
20 minutes ago
Despite elevated inflation and mounting interest rate hike expectations, U.S. stocks and cryptocurrencies rebound; Jensen Huang steps in to stem losses, while the chip index notches its seventh consecutive decline.
Overnight, U.S. September Producer Price Index (PPI) rose 6.3% year-on-year, marking its highest level in over four years. The data has once again reinforced interest rate hike expectations, triggering temporary declines in U.S. stocks and crypto assets. However, markets quickly digested the negative news, with risk assets bouncing back sharply after the sell-off. In the end, the three major U.S. stock indexes closed higher across the board: the Dow Jones Industrial Average rose 1.08%, the Nasdaq gained 0.08%, and the S&P 500 added 0.33%. The Philadelphia Semiconductor Index fell 0.88%, with its decline narrowing significantly from the opening, marking its seventh consecutive trading day of losses.
In terms of individual stocks, according to market data from BIT (bit.com), CoreWeave—heavily impacted by default rumors—reversed an intraday drop of over 8% to close up 5.94%. On the news front, NVIDIA CEO Jensen Huang stated that CoreWeave’s strength is improving daily, its financing costs are actually declining, and he does not believe the data center operator needs NVIDIA’s rescue. NVIDIA fell 1.84%, while Intel dropped 2.80%. Storage stocks also saw their declines narrow but failed to turn positive, with SNDK closing down 0.61%. Separately, per HTX market data, Bitcoin briefly dipped below the $80,000 threshold overnight before bouncing back quickly, and is currently trading at $82,285.10.
20 minutes ago
Trump: Will Not Use Nuclear Bombs to Strike Iran
Trump stated that he will not use nuclear weapons to strike Iran, nor does he plan to deploy ground troops to Iran.
A routine government financial report has sparked conversation among XRP supporters after White House Press Secretary Katie Zacharia referred to $58.9 billion in recovered funds during a briefing. The number, though cited in a broader financial context, quickly became a focal point among those who follow Ripple’s XRP token.
White House briefing highlights recovery effortsDuring an official briefing, Press Secretary Zacharia said the Trump administration recovered $58.9 billion through indictments, legal settlements, and civil monetary penalties. She detailed efforts that included uncovering fraud exceeding $260 billion and preventing an estimated $72 billion in fraud annually through administrative actions.
The statement did not reference cryptocurrencies or digital assets. However, the $58.9 billion figure attracted immediate attention from the online XRP community due to the presence of the digits “589,” a number long associated with the XRP price target.
The significance of 589 for XRP holdersWithin the XRP community, the number 589 holds particular meaning. Many XRP holders see $589 as a symbolic price target, linked to earlier predictions that anticipate substantial gains if XRP were to claim a large share of the global payment infrastructure. The figure has become an unofficial rallying symbol for XRP enthusiasts and is referenced in community discussions as a sign of long-term belief in the asset’s potential.
When “589” appears in prominent or unexpected sources, such as a White House briefing, it tends to reignite optimism and discussion within the group.
Community reaction and search for meaningNoted crypto commentator Pumpius posted the clip on social media, remarking on the occurrence of the number 589 in the briefing. The post quickly drew engagement from XRP supporters. Some community members voiced excitement, while others maintained a cautious perspective, focusing on nearer-term price targets for XRP such as $5.89 before considering the $589 milestone.
Others in the discussion pointed out that the appearance of 589 in government statements is likely a coincidence, but acknowledged its ongoing presence as a shared motif among XRP holders.
Several XRP supporters note that the repeated emergence of 589 in the public sphere continues to strengthen conviction around the asset’s long-term potential, even if the context is unrelated to cryptocurrency.
Some community members expressed confusion over the connection between the government’s figures and the digital asset, but many understood the popularity of the number 589 as a community inside reference.
Symbolism and past appearancesOver the years, the number 589 has surfaced in various forms within the XRP community. For example, Ripple CEO Brad Garlinghouse follows exactly 589 accounts on X, the social media platform formerly known as Twitter. These instances contribute to the narrative and symbolism attached to the figure, reinforcing the culture of speculation and anticipation within the group.
The repeated sighting of 589 in multiple, unrelated contexts adds to its mythos in community discussions, even though no direct link exists between the White House statements and XRP itself.
Mini dictionary: Katie Zacharia, White House Press Secretary—serves as the official spokesperson for the President and the administration’s policies, handling media communications and public briefings.
While the numeric coincidence may not influence XRP’s immediate market direction, it continues to act as a psychological anchor for the community, sustaining long-term optimism about XRP’s potential trajectory.
Cross River Bank has signed an agreement with Ripple to connect its stablecoin, RLUSD, to its banking services on the XRP Ledger. The collaboration will enable fintech companies to use blockchain payments, cross-border transfers, and settlement services via a single banking platform.
Cross River Bank Adopts Ripple’s RLUSD for Banking Infrastructure. According to Cross River, Ripple’s RLUSD will be integrated into its proprietary Core Operating System (COS), which will allow traditional banking services and blockchain payments to be linked. The integration will enable companies to transfer money between USD and RLUSD without keeping multiple blockchain systems.
ACH transfers, wire payments, and real-time settlement will all be supported on the platform via a single API connection. International payments will also be available for businesses to process, and treasury transfers can be made outside banking hours.
Adam Goller, Cross River’s Head of Fintech Banking, explained that the partnership would reduce the need for multiple payment providers.
“Businesses shouldn’t have to rely on several different providers to move money across the globe,” Goller said.
By joining the Cross River, Ripple also broadens its institutional payment network as financial institutions embrace digital asset services. The firm has been doing the same with Ripple’s collaboration with Privy, which has enabled the access to XRP Ledger payments via XRP and RLUSD wallets in the applications.
XRP Ledger to Support Faster RLUSD Settlement The XRP Ledger will provide the blockchain infrastructure supporting RLUSD transactions within Cross River’s payment system. According to the companies, XRPL transactions typically settle within three to five seconds and cost fractions of a cent.
The network is active around the clock and enables companies to initiate transfers when the traditional banking systems are down. Such features will help Cross River reach its goals of intraday settlement and minimizing delays in cross-border transactions.
RippleX Senior Vice President Markus Infanger explained the significance of bridging stablecoins to the existing banking system.
“Stablecoins are not going to change payments using parallel financial systems, this is going to happen by being part of the banking infrastructure that businesses are using,” he said.
Beyond payments, Ripple has expanded institutional access to RLUSD through Standard Chartered’s launch of custody services for the stablecoin. The service will enable qualified institutional buyers to acquire RLUSD via the bank’s digital asset custody platform.
Cross River Bank has partnered with Ripple to integrate its RLUSD stablecoin into its core banking infrastructure through the XRP Ledger. The partnership will allow fintech companies to access blockchain payments, cross-border transfers, and settlement services through one banking platform.
Ripple’s RLUSD Adoption Expands Across Financial Institutions Meanwhile, Ripple has reported that RLUSD has surpassed $2.5 billion in market capitalization, including more than $1 billion issued on XRPL. The company also stated that the XRP Ledger has processed more than $1.3 trillion in settlement value.
The stablecoin’s growing circulation has accompanied increased activity across Ripple’s institutional services. Recent RLUSD minting and burning transactions on Ethereum and XRP Ledger further reflect treasury operations across the two networks.
Cross River already operates stablecoin payment infrastructure that connects blockchain networks with regulated banking services. Adding RLUSD gives its business customers another settlement option while retaining access to conventional payment systems.
However, Cross River Bank has confirmed that the services are currently available only in limited U.S. states.
Ripple Labs, a blockchain payments company recognized for its fast, low-cost cross-border payment solutions, has seen its native token, XRP, attract significant institutional interest on Wall Street. Over the past thirteen weeks, XRP-powered exchange-traded funds (ETFs) accumulated a cumulative net inflow of $1.8 billion, according to data from analytics firm SoSoValue.
Institutional ETF demand led by Bitwise, Franklin Templeton, and CanaryETF trading data reflected a steady, sustained appetite for XRP among institutional investors. The three leading funds—Bitwise, Franklin Templeton, and Canary Capital—have driven this positive momentum during a 13-week streak of net inflows.
Bitwise’s XRP-linked ETF remains the market leader, having attracted $688.48 million in inflows to date. Franklin Templeton’s XRPZ fund follows, racking up $396.59 million, while Canary Capital’s XRPC product has drawn $325.47 million. All three ETFs maintain competitive fee ranges between 0.16% and 0.29%.
ETF ProviderCumulative InflowFee RangeBitwise$688.48 million0.16% – 0.29%Franklin Templeton$396.59 million0.16% – 0.29%Canary Capital$325.47 million0.16% – 0.29%A single-day inflow of $740,410 into XRP-linked ETFs was recorded yesterday, even as the overall crypto market faced downward pressure. This ended a three-day stretch without new investments during regular business days.
ETF momentum fails to boost XRP priceDespite persistent institutional interest, XRP’s price performance has not mirrored the ETF inflows. At the time of writing, XRP has fallen 4.5% in the last 24 hours and trades within a tight range of $1.30 to $1.35, according to CoinGecko.
This week, Evernorth debuted a $476 million fund on NASDAQ that incorporates XRP exposure. Market analysts have cited this new fund as a potential catalyst for improved sentiment if it delivers strong returns, potentially influencing the broader perception of XRP in traditional markets.
However, large holders—often referred to as crypto whales—remain cautious. Data suggest these influential market participants have recently reduced their XRP holdings, signaling skepticism about an imminent rally. The Chaikin Money Flow (CMF), a technical indicator that assesses buying and selling pressure, showed negative readings between -0.07 and -0.21 on various timeframes, indicating selling sentiment persists.
Mini dictionary: Chaikin Money Flow (CMF) is a technical analysis indicator that measures the volume-weighted accumulation and distribution of a security over a specific period, providing signals on buying or selling pressure in the market.
XRP ETFs continue to attract hundreds of millions of dollars from institutional investors, yet this robust demand has yet to trigger a sustained price increase for the underlying token on the spot market.
Market observers are watching to see if changing macroeconomic or geopolitical factors may eventually translate investor enthusiasm for XRP ETFs into upward price movement on crypto exchanges.
Ripple Prime, Ripple’s institutional brokerage unit, has launched perpetual swap trading for real-world assets ranging from stocks to metals. The products, announced today, reference perpetual futures contracts listed on Hyperliquid by Trade.xyz.
The new service covers more than 100 reference markets, including stocks, indices, ETFs, metals, energy, and forex. Ripple stated that transactions and exchanges can be conducted 24/7, including weekends.
According to the company’s statement, market maker Virtu is among the institutional clients that have begun using the products. In transactions, the counterparty to the contract is Ripple Prime, and the value of the swaps is tied to the relevant contracts in Hyperliquid.
Clients can use Ripple’s dollar stablecoin RLUSD as collateral, depending on eligibility requirements in their jurisdiction. Collateral needs for positions in different asset classes can also be evaluated within the same portfolio.
The products provide access to price movements through derivative contracts, rather than directly purchasing the underlying stock or commodity. Ripple announced that it initially offered the service under a CIV BVI license and plans to expand to more regions, but did not give a specific date for the new regions.
*This is not investment advice.
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