Crypto news
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Reddit Is Killing RSS Feeds and Public API Access to Fight AI Scrapers
Reddit RSS dies November 13 and outside apps lose their data pipeline by March 2027. Reddit blames scraping bots, though it licenses its own content to AI companies.
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U.S. SEC maps out crypto custody in new proposal that furthers its digital assets agenda
The regulator issued a proposed rule for custody, marking a swan song for its inaugural Crypto Task Force chief, Commissioner Hester Peirce, who exits this week.
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SEC Proposes Crypto Self-Custody Route for Investment Advisers
The proposal also sets conditions for state trust company custody, with public comments due 60 days after Federal Register publication.... Read the full story at The Defiant
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Jack Dorsey’s Block Launches Campaign To Get People Spending Bitcoin
Bitcoin Magazine Jack Dorsey’s Block Launches Campaign To Get People Spending Bitcoin Jack Dorsey’s Block continues the push to make bitcoin “everyday money.” The NYSE-listed company announced Thursday it had debuted an advertising campaign to make the push for people to use the leading...
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Republican Senator Steve Daines Releases Text of Proposed Crypto Tax Plan
Bitcoin Magazine Republican Senator Steve Daines Releases Text of Proposed Crypto Tax Plan Republican senator Steve Daines has released a new proposal to update the tax code with regards to digital assets. The senator for Montana released the Aligning Digital Assets with Principles of Taxation Act...
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OpenAI Says People Linked to China's Moonshot Tried to Copy Its AI's Hidden Reasoning
OpenAI says it disrupted a campaign involving 15,000+ users and ties a core cluster to people associated with Moonshot, the startup behind Kimi.
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Meta Pushes Back on Claim That Muse AI Read a User's Messages Without Consent
Communications chief Andy Stone said reading Messages requires two permissions the user controls, disputing a journalist who reported Muse synced his texts despite his settings.
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Hyperliquid Policy Center, Circle press EU on perps and stablecoin reserves in MiCA review
Hyperliquid's policy group wants perps under MiFID II, while Circle targets MiCA's bank deposit floor in filings to the European Commission's MiCA review.
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The 'Largest Pure-Play' XRP Treasury Is About to Go Public
Shareholders approved Evernorth's merger with Armada Acquisition Corp. II, clearing the way for the Ripple-backed firm to begin trading Oct. 8 with a stash of roughly 473 million XRP.
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Another Trump memecoin dinner advertised for token's top investors
The company managing the memecoin calls the November event the "most exclusive dinner in the world."
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50,000 Europeans call on EU to ease stablecoin rewards restrictions in MiCA review
A 50,000-letter campaign is pressing Brussels to rethink stablecoin rewards as EU central banks seek broader changes to MiCA’s stablecoin rules.
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NEAR Intents hacked days after freezing stolen Bitget funds
Multichain transaction protocol NEAR Intents halted its services today after it was hacked for $3.8 million via an exploit of its Omni deposit and withdrawal infrastructure. It revealed the security incident today at 2pm GMT+1 and claimed that its services would resume within the hour after it was...
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OpenAI Fires Three Safety Researchers Over Alleged Leak to Outside Group
OpenAI says the three broke its rules on handling sensitive information. The exits land after months of rogue-agent incidents, a trail of safety-team departures, and a new lawsuit.
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US Sanctions A7 Network, Proposes Ban on Sub-Agent Payments
The U.S. Treasury sanctioned the Russia-linked A7 Network as a significant transnational criminal organization on Oct. 1, saying it helped Iran evade sanctions. Alongside the designation, its Financial Crimes Enforcement Network (FinCEN) proposed barring U.S. financial institutions from handling......
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Illinois will postpone implementation of crypto tax following lawsuit
State officials agreed to delay the 0.2% crypto tax for six months after lawsuits and industry pushback claimed the bill was rushed through the legislature.
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Peter Todd Joins MARA to Lead Private Mempool Slipstream
Bitcoin Magazine Peter Todd Joins MARA to Lead Private Mempool Slipstream Bitcoin O.G. Peter Todd has joined the MARA Foundation as lead maintainer of Slipstream, the miner’s private Bitcoin mempool service. Announced by the foundation on Thursday, the new role will see Todd responsible for...
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Strategy has burned through 64% of its STRC rescue fund
Strategy, Michael Saylor’s BTC treasury company, has expended 64% of its once-$2 billion fund to repurchase STRC. After 10 weeks of trying to force its price higher, the company has already spent $1.28 billion and, as of Monday’s filing, had less than $724 million left. STRC was supposed to sustain...
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Stablecoin Treasury Growth Partly Offsets China’s Retreat, SF Fed Study Finds
Read the full story at The Defiant
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OpenZeppelin and T-REX Network Introduce new Framework for Regulated Token Eligibility and Recovery
Read the full story at The Defiant
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Onchain Perps Close Execution Gap With CEXs, Castle Labs Says
Read the full story at The Defiant
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It's the Start of Uptober. Will Bitcoin Live Up to It?
Bitcoin enters its historically strongest month after a record-pace September, but a Fed hike and 5.3% Treasury yields are testing the bulls.
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Burwick Law loses LIBRA lawsuit against Hayden Davis
Burwick Law’s lawsuit against Hayden Davis over the launch of LIBRA and M3M3 has been dismissed by a US judge with prejudice. Judge Jennifer Rochon’s findings were filed on Tuesday. She denied plaintiffs Omar Hurlock and Anuj Mehta leave to file a second amended complaint she called “futile.”...
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21bitcoin Now Pays Interest on Idle Euros, Payable in BTC
Bitcoin Magazine 21bitcoin Now Pays Interest on Idle Euros, Payable in BTC Austrian Bitcoin platform 21bitcoin will start paying 1.21% annual interest on customers’ uninvested euro balances from today — and letting them collect it in BTC, with no conversion fee. The company says it’s the first...
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Ethereum staking reward burn proposal EIP-8363 pulled from Hegota upgrade
Co-author Jérôme de Tychey said industry participants and core contributors convinced him a scoping process was the wrong venue for an issuance change.
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Illinois Delays Controversial Crypto Tax Amid Industry Lawsuit
Illinois officials and crypto groups jointly asked a state court to delay the 0.2% Digital Asset Tax from Jan. 1 to July 1, 2027, while a legal challenge continues.
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Drift Opens DFX Claims With Recovery Pool Covering About 1% of Losses
Read the full story at The Defiant
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New York, Wyoming regulators sign pact to coordinate crypto oversight
The agreement will allow the two state regulators to share supervisory information, streamline licensing reviews and coordinate examinations and enforcement actions involving digital asset firms.
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Bitcoin fights for local uptrend as US bond yields drop from new 24-year highs
US bond yields fell sharply around Thursday’s Wall Street open as Bitcoin price action sought to preserve a local trend of higher lows.
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NEAR Intents suffers $3.8M exploit after assistance with Bitget breach
The platform said it will compensate users affected by the hack, which stemmed from a bug that affected deposits and withdrawals.
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Near Intents Hacked for $3.8M Days After Denying North Korea-Linked Bitget Hacker
Near Intents froze its cross-chain swaps after a bug let an attacker drain about $3.8 million. The company promised to repay every user.