OCC finalizes GENIUS Act stablecoin rules ahead of January deadline; Bessent hails framework
The long-awaited federal stablecoin rulebook sets reserve and yield standards that will govern the roughly $300B stablecoin market, and banking groups are alrea
Decrypt
SpaceX and Tesla explore a merger that would hold about 30,000 BTC; Musk calls it a 'good idea'
A combined Musk entity would become one of the largest corporate bitcoin holders, tying the crypto market's mood to Tesla and SpaceX earnings and merger talks.
cointelegraph.com · +14 outlets
Chinese prosecutors seek to confiscate $5.1B in Bitcoin seized by UK in Qian case
The claim over one of the largest bitcoin forfeitures on record sets up a cross-border legal fight over roughly 61,000 BTC tied to a Chinese fraud scheme.
Decrypt · +3 outlets
PHP Foundation admits 'structural failure' delayed critical security fix
Two critical PHP bugs affecting a large share of web servers prompted emergency patching, and the foundation says governance gaps slowed its response. The bug w
cointelegraph.com · +13 outlets
Bitcoin ETFs erase October losses with $1B of inflows in three days
Strong spot ETF inflows have reversed the month's earlier outflows, though DWF Labs argues flows follow price rather than predict it.
Decrypt · +12 outlets
Bitcoin drops 3% as Trump Iran comments and AI jitters weigh on markets
BTC gave back its midweek surge as oil climbed above $111 and AI-linked equities slid, dragging the S&P 500 and DeFi tokens lower.
CoinDesk · +4 outlets
Monero futures leverage heats up again with open interest above $300M, echoing pre-crash setup
XMR has climbed back above $600 on derivatives-driven momentum, and analysts warn the leverage build resembles the positioning seen before January's sharp liqui
Coindesk · +4 outlets
Solana's Alpenglow upgrade goes live in what backers call its most ambitious change since the Merge
The consensus overhaul aims to cut Solana's time to finality, a key metric for latency-sensitive trading and payments use cases.
Decrypt · +2 outlets
a16z drops crypto from its name, widening bets to AI and frontier tech
The rebrand from Andreessen Horowitz's crypto fund signals a reallocation of attention and capital toward AI at a time of softer crypto venture sentiment.
Decrypt · +12 outlets
Standard Chartered signs agreement to acquire Zodia Custody
The bank's move to bring institutional crypto custody fully in-house is a notable consolidation signal for regulated digital asset infrastructure.
The Block · +13 outlets
Banking groups push back on OCC's finalized GENIUS rules on stablecoin yield
Industry lobbying over whether stablecoin holders can earn yield is the main fault line in implementing the GENIUS Act.
Yahoo Finance · +13 outlets
Coinbase fined $3.6M in Ireland over fund safeguarding failures
It is the second Irish penalty for the exchange and adds to a widening pattern of European compliance actions against large crypto firms.
Decrypt · +4 outlets
Ether ETF October outflows approach $1.1B as ETH falls 9.7%
Sustained ETH fund redemptions contrast with the recent rebound in bitcoin ETF flows.
cointelegraph.com
Italy busts mafia 'secret bank' that laundered money through crypto, seizes $24M
The operation is the latest European enforcement action targeting organized crime's use of digital assets for laundering.
Decrypt · +2 outlets
Tesla's profit drops 43% as Musk builds robots and plans driverless cabs
The earnings decline underscores the tension between Musk's heavy spending on AI and robotics bets and near-term automotive margins.
Decrypt · +8 outlets
SoFi launches tokenized deposit earning 4.4% that converts to a stablecoin
The product blurs the line between bank deposits and stablecoins, a structure regulators are actively scrutinizing.
Decrypt · +7 outlets
Ken Griffin says AI is 'almost certainly' in a bubble and compares GPUs to airline seats
The Citadel founder's warning adds to a growing chorus of skepticism about AI infrastructure valuations, sentiment that is also weighing on crypto markets.
Decrypt
Solana bot turns $12K into $1.4B in volume as fake liquidity floods Raydium
The wash-trading pattern illustrates how easily DEX volume and liquidity metrics on Solana can be gamed by automated bots.
CryptoSlate · +1 outlets