Initia paused its blockchain after a security breach that allowed an attacker to mint tokens and move $2.7 million in ETH, prompting an investigation into the incident’s scope.
Recent Coverage
The SEC’s FY 2027 examination priorities target heightened risks across advisers, broker‑dealers, private funds, cybersecurity, emerging tech, and market infrastructure to bolster investor protection and market integrity.
Netanyahu proposes a blockchain‑based financial system to safeguard Israel’s economy against potential sanctions on its banking sector.
Sen. Blumenthal is pressing Tether for details about multi‑million‑dollar payments to a firm founded by a former White House crypto adviser, raising questions about transparency and compliance in the stablecoin space.
October’s $1.2 billion outflow from ether spot ETFs and Bitmine’s imminent 5% cap leave a supply gap that will test who can absorb the network’s weekly issuance through year‑end.
Twenty‑two issuers, including Wells Fargo, Arm and Intuit, have formally objected to having tokenized versions of their shares listed on the OKX‑ICE platform, keeping those tokens off the venue under SEC rules.
The October 16 2026 Solana Changelog highlights the Web3.js v3.1 release, key client and protocol upgrades, and a wave of ecosystem tooling improvements.
Phantom has launched Kalshi prediction markets for U.S. users, using cash‑stablecoins for funding while navigating state‑level legal challenges.
Bitcoin Core has overhauled its security policy to fast‑track fixes for vulnerabilities that AI can uncover with a single prompt, abandoning long embargoes for such bugs.
New York’s attorney general is seeking $1.37 billion from NovaTech’s founders for a crypto fraud that exploited Haitian prayer groups, while four promoters have settled for nearly $6 million and face industry bans.
Robinhood’s prediction markets are rapidly expanding beyond sports, with Bitcoin, gold and oil contracts becoming its fastest‑growing products and driving cross‑selling to its broader brokerage services.
U.S. spot Bitcoin ETFs saw a $636 million outflow on Oct 23, turning the month’s net flow negative despite stable prices.
JPMorgan acknowledges recent U.S. regulatory steps have mitigated some fallout from the stalled Clarity Act, but stresses that durable, clear crypto rules remain essential.
The Blockchain Association is urging Congress to enact clear crypto tax rules as broader legislative efforts stall.
Bitcoin ETFs saw a $528 million inflow, driven by BlackRock and Fidelity, while ether funds ended a five‑day outflow streak.
Senate Democrat Richard Blumenthal is probing Tether’s payments to Bo Hines’s consulting firm Nxum amid concerns over potential conflicts of interest.
a16z rebrands its crypto fund as a16z Frontier, expanding its focus to AI, autonomous machines, and biology while still backing crypto projects.
Fireblocks denies rumors that Visa is close to a $2.5 billion acquisition, calling the report untrue.
Fireblocks refutes reports that Visa is negotiating a $2.5 billion acquisition.
SoFi’s new SOFIE tokenized deposit offers crypto users a 4.4% APY, FDIC insurance, and a seamless bridge to its stablecoin, SoFiUSD.
Kalshi Prime will let select clients borrow cash for perpetual futures margin using Bitcoin, Ether and GENIUS‑Act stablecoins held in BitGo custody.
Dune now offers real‑time on‑chain trading data feeds covering over 200 venues across 12 blockchains, supporting the growth of tokenized markets.
The Central Bank of Ireland fined Coinbase Ireland €3.25 million for inadequate safeguarding and outsourcing controls, highlighting ongoing regulatory pressure on crypto exchanges.
Ethereum developers cancelled the Hoodi testnet activation for the Glamsterdam upgrade after ChainSecurity flagged gas accounting vulnerabilities, delaying the hard fork’s timeline.
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