Decrypt headlines
-
Morning Minute: Bitcoin Gets Spooked as ‘Uptober’ Lets Down
Crypto majors are red, alts are down bad and onchain is facing capitulation. This was not the ‘Uptober’ that was promised…
-
UK Moves Closer to Keeping $5B Bitcoin Haul After High Court Ruling
A judge ruled that Chinese law should govern fraud victims' claims to the 61,000 BTC seized from Zhimin Qian, in a blow to the claimants.
-
‘Leave’: Crypto Backlash Over French Proposal to Report Wallets Over $112K
The proposal would require crypto owners to report holdings over €100,000, sparking concerns following a wave of "wrench attacks" in France.
-
NFT Marketplace Blur to Shut Down Website, Stop New Blend Loans Next Month
The shutdown comes as NFT trading volumes have collapsed from their 2021-2022 peak, with market revenue projected at $318 million this year.
-
AI Will Hit 40% of Jobs, IMF Warns. Young People Are First in Line
IMF chief Kristalina Georgieva says AI investment is holding global growth near 3%, with Asian chipmakers winning big, while warning of a 'slow-moving tsunami' for young workers.
-
Standard Chartered Will Hold Ripple's Stablecoin in Dubai—And Let Clients Trade With It Without Moving It
The bank's Dubai branch now offers custody for Ripple's RLUSD stablecoin and plans a link with LMAX that lets institutions post it as trading collateral while the coins stay put.
-
Meta's New Muse Wonder Finally Puts Zuckerberg in the Frontier AI Race
Meta's new flagship beats GPT-6 Astra and Claude on memory, legal and marathon coding tests, but independent rankings still put Anthropic's Opus 5.5 on top.
-
From GTA V on iPhone to Free Photoshop: This AI Tool Is Upending Software
REA, a free toolkit that hands AI agents the keys to reverse engineering, crossed 100,000 GitHub stars in a week as AI-decompiled game mods, console ports, and Adobe clones flood the internet.
-
Solana Treasury Firm DeFi Development Keeps Buying SOL as CHAD Preferred Stock Hits Record
The Nasdaq-listed company now holds about 2.59 million SOL, but its weekly purchases keep shrinking.
-
Ripple-Backed Evernorth Hits Nasdaq Holding 473 Million XRP Worth Far Less Than It Paid
Evernorth's XRPN shares began trading Monday after its SPAC merger closed, but 80% of SPAC investors cashed out first and its XRP stash is worth roughly 40% less than at signing.
-
Bitcoin Spooked? Crypto Fear and Greed Index Drops to Pre-Rally August Lows
The Crypto Fear and Greed Index has dropped to 56 from an August peak of 82, as oil, bond yields, and ETF outflows hit Bitcoin in October.
-
Ledger Says All Confirmed Cases in Suspected $87M Drain Tied to Reseller CryptoBilis
The wallet manufacturer said its own systems and direct sales are unaffected, and that the reseller has stopped selling hardware wallets.
-
NEXTPredict Paid $12,000 to Hedge Its Conference on a Prediction Market
Where event insurance deals with scrapped shows and what happens inside the venue, NEXTPredict is focusing on flight cancellations.
-
XRP Ledger’s Payment Engine Had a Counterfeiting Bug Hiding Since 2015
An integer overflow in the payment engine, dormant since 2015, could have let an attacker mint spendable XRP beyond the token’s total supply.
-
Bitmine Adds $32M in Ethereum as Tom Lee Says Firm Is Nearly 'Done Stacking'
The Ethereum treasury firm now holds 6.03 million ETH, 4.9% of supply, as Lee predicts the biggest crypto bull market yet.
-
Strategy Scoops Up $21.5M in Bitcoin, Buys Back $192M in STRC
The purchase lifts Strategy's holdings to 848,250 BTC and follows a $176 million repurchase of STRC preferred stock the week before.
-
Bitcoin Ranges Near $83K as Traders Look to US Inflation Data
October rate-hike odds have slumped, but analysts say Treasury yields at two-decade highs are still keeping a lid on risk appetite.
-
UK Freezes $12M London Penthouse of Alleged Prince Group Finance Chief
Thet Li is accused of running the finances of a scam empire tied to $14 billion in Bitcoin the U.S. has moved to seize.
-
Tokenized Stocks Show Real Demand But Remain Volatile and Illiquid, IMF Finds
An IMF analysis found that more than half of tokenized stock trading happens outside U.S. market hours, though the roughly $2.3 billion market remains more volatile and less liquid than traditional equities.
-
Bitcoin, Ethereum and Solana ETFs All in the Red for October
Bitcoin ETFs have seen $386.3 million in net outflows through the first seven trading days of October, while Ethereum funds have now posted nine straight days of losses.
-
How Zcash Plans to Hide Your Keys From AI and Quantum Attacks
Zakura, a Zcash full node developer, says it expects hash-based signatures to land in Zcash in January, and is rolling out a privacy tool for rotating transparent addresses this week.
-
CFTC Draws the Line Between Prediction Markets and Gambling in New Rules
A proposed rule would expressly fold event contracts tied to sports, politics, culture and weather into the “swap” definition, while an interim rule excludes casino-style gambling—sharpening the agency’s claim to exclusive jurisdiction.
-
This Sam Altman-Backed Life Insurer Runs Entirely on Bitcoin, and Just Raised $37.5 Million
The Bermuda-based insurer, which runs entirely on Bitcoin, drew the funding from existing backers led by Bain Capital Crypto after a record year driven by demand from wealthy families in Asia, Europe and the Middle East.
-
Here’s a Way to Predict When AI Chatbots Will Turn Bad
Physicists at George Washington University say a formula can estimate when an AI chatbot will flip from good answers to bad ones, and early tests on small models back it up.
-
French Committee Backs Stablecoin Swap Tax and Crypto Exit Tax, Then Rejects the Budget
A National Assembly committee adopted amendments taxing stablecoin swaps and crypto exits by wealthy holders, then rejected the 2027 budget's revenue section.
-
OpenAI and Anthropic Are Quietly Rehearsing for the Day After an AI Catastrophe
Executives are war-gaming the political fallout of a major AI-driven cyberattack and preparing to brief Congress fast if and when necessary.
-
Senate Democrat Presses Cantor Fitzgerald on Tether Ties and Lutnick Family Profits
Sen. Richard Blumenthal wants Cantor Fitzgerald to open its records on Tether and on how much Commerce Secretary Howard Lutnick's family has earned from its business deal.
-
Blockchain.com Seeks Approval for US Prediction Markets and Crypto Derivatives
The crypto platform filed for designated contract market and futures commission merchant licenses, which would let it run its own regulated event-contract venue instead of relying on overseas partners.
-
Bitcoin Rebounds After Rough Week, But Traders Are Pricing In More Downside
Bitcoin bounced after dipping to around $80,000. Traders are placing increasingly high odds BTC slips further before October is over.
-
Ethereum L2 Starknet Jumps 20% After Saying It Wants to Become an L1
Starknet is "actively considering" becoming its own blockchain, a move it says would make it the first fully quantum-resistant network by 2027.