SEC proposes crypto custody rule letting investment advisers and funds self-custody
The proposal marks outgoing Commissioner Hester Peirce's swan song as the Crypto Task Force chief and would let state trust companies act as custodians.
Theblock · +13 outlets
Blast, once a $2 billion Ethereum layer-2, is shutting down after assets plunge 98%
Users have until Oct. 26 to withdraw via the app as costs outpace revenue and larger platforms build rival networks.
Coindesk · +13 outlets
Community bankers sue OCC over crypto trust charters
The Independent Community Bankers of America accuses the OCC of overstepping its legal authority in granting trust charters to crypto firms.
Coindesk · +14 outlets
NEAR Intents hit by $3.8 million exploit, halts services on 11 networks
The cross-chain trading system patched the contract flaw and said the exploiter returned all stolen assets a day later.
Theblock · +14 outlets
Ethereum Foundation launches zkAPI for private AI payments without revealing identity
Users deposit funds into an Ethereum vault and authorize spending with zero-knowledge proofs, so API providers cannot link requests to a payer.
Theblock · +14 outlets
Evernorth shareholders approve $1 billion XRP treasury deal, clearing path to Nasdaq debut
The Armada Acquisition Corp. II merger approval sets up an expected Nasdaq listing on Oct. 8 with roughly 473 million XRP held.
Theblock · +13 outlets
BNY in talks with Kraken parent Payward over digital asset infrastructure partnership
The potential agreement could span custody, trading, payments and other financial-market infrastructure.
Coindesk · +13 outlets
Bitcoin nears highest level since January as $85,000 sell wall clears
Bitcoin climbed toward $87,000 as soft September jobs data (29,000 added, unemployment 4.2%) drove rate expectations and open interest jumped $2.3 billion.
Theblock · +13 outlets
Spot bitcoin ETFs log $2.65 billion in September inflows, second-largest since October 2025
Institutional demand held through September, though the 9-day, $3 billion inflow streak ended Thursday with $149 million in outflows.
Theblock · +14 outlets
Drift opens exploit recovery claims with initial payouts of just over 1% of user losses
DFX holders can cash out now or wait for more funding, with no firm timeline for full repayment.
Theblock · +6 outlets
BitGo CEO warns Clarity Act failure left capital markets exposed to risk potentially worse than Lehman
Mike Belshe said systemic risk arises from one firm holding exchange, brokerage and custody functions.
Theblock · +6 outlets
ECB outlines three models for putting central bank money onchain
The models come as financial institutions explore settlement infrastructure for tokenized markets.
Theblock · +8 outlets
Robinhood crypto chief says SEC innovation exemption constrains stock tokens in the US
Johann Kerbrat said Robinhood is still working through the exemption, while its Wallet added Arcus RFQ routing for more than 190 stock tokens.
Theblock · +12 outlets
Tether-backed USDT returns to Bitcoin after more than a decade
Utexo plans private USDT transfers, direct BTC to USDT swaps and BTC-backed loans while keeping most transaction data off Bitcoin's public ledger.
Coindesk · +14 outlets
Lloyds and Visa complete live stablecoin settlement pilot
The UK's largest retail bank and Visa tested onchain settlement rails, marking a mainstream banking step for stablecoins.
Crypto Briefing · +14 outlets
Cboe eyes VIX perpetual futures, taking a crypto-style product mainstream
The exchange's plan would turn Wall Street's fear gauge into a continuously traded instrument modeled on crypto perpetuals.
Coindesk · +8 outlets
Fhenix to launch mainnet with confidential token support on October 21
The fully homomorphic encryption network is moving to production with privacy-preserving tokens.
Incrypted
Hyperliquid and Circle press EU regulators in MiCA review
Hyperliquid's policy group wants perpetuals under MiFID II, while Circle targets MiCA's bank deposit floor.
Theblock