Crypto news
-
French Hill’s race still too close to call as House flips, changing the direction of crypto legislation
As of Wednesday afternoon, House Financial Services Committee Chair French Hill's race for reelection is too close to call.
-
Riot shares surge on $28B AI lease as Hut 8 sinks on revenue miss
Bitcoin miner Riot sold BTC to finance its AI expansion, while Hut 8 reported falling revenue and rising costs before its major data center leases generate income.
-
Lightning Labs Releases LND Mitigation for Critical Linux Flaw
LND v0.20.7-beta and v0.21.6-beta disable Multipath TCP by default, but operators still need a patched kernel to fix the underlying vulnerability.... Read the full story at The Defiant
-
US Voters Back AI Data Center Restrictions in At Least 29 Communities
Voters across the United States backed measures to curb data centers, raising new obstacles for the infrastructure powering AI as electricity bills, water supplies, and public oversight dominate the debate.
-
Matt Corallo Flags Critical Linux Kernel Flaw; Lightning Labs Ships LND Mitigation
Bitcoin Magazine Matt Corallo Flags Critical Linux Kernel Flaw; Lightning Labs Ships LND Mitigation Bitcoin Core and Lightning developer Matt Corallo highlighted a severe Linux kernel vulnerability on October 30, criticizing Ubuntu’s delayed response to what he called “the most critical Linux vuln...
-
Strategy’s STRC Hits $100 Par for First Time Since May After Over $2 Billion in Buybacks
Bitcoin Magazine Strategy's STRC Hits $100 Par for First Time Since May After Over $2 Billion in Buybacks Strategy's Stretch preferred stock touched $100 today for the first time since May, returning to the par value the company has spent over $2 billion in buybacks and five months of rate...
-
Canton Coin Gets SEC Nod as Wall Street Tokenization Heats Up
SEC staff said they view Canton Coin as a digital commodity and won’t recommend enforcement over how it’s minted, a week after DTCC launched a tokenization service that runs partly on the Canton Network.
-
What Are Privacy Coins? Bitcoin, Monero and Zcash Compared
Monero requires privacy mechanisms for ordinary transfers, while Zcash supports transparent and shielded modes. Neither erases an exchange’s identity records.... Read the full story at The Defiant
-
Jack Dorsey’s Block (XYZ) Sets Aside $764 Million for DOJ Settlement as Bitcoin Profit Halves
Bitcoin Magazine Jack Dorsey's Block (XYZ) Sets Aside $764 Million for DOJ Settlement as Bitcoin Profit Halves Block has agreed in principle to pay $764 million to resolve a Justice Department investigation into its anti-money-laundering controls, a sum larger than the $566 million profit the...
-
Circle’s ARC token sale lifts earnings as lower yields weigh on USDC income
Circle is looking to payments fees and future staking rewards to diversify revenue as its core stablecoin business faces pressure from lower yields and growing competition.
-
Librería de Satoshi Rebrands to ISMOS, Launches Global Platform to Train One Million Bitcoin Developers
Bitcoin Magazine Librería de Satoshi Rebrands to ISMOS, Launches Global Platform to Train One Million Bitcoin Developers Librería de Satoshi, the technical education organization, recently announced the launch of its global platform as they rebrand to ISMOS and shows off a new website. The...
-
What Is x402? How AI Agents Pay With Crypto
Coinbase's x402 protocol puts the web's long-unused 402 code to work so AI agents and apps can pay for APIs and data in stablecoins like USDC.
-
Democrats to Target Trump’s Crypto Ventures After Taking Congress
Bitcoin Magazine Democrats to Target Trump’s Crypto Ventures After Taking Congress House Democrats plan to open investigations into President Donald Trump's family crypto businesses once they take control in January, with World Liberty Financial, its Emirati investor and the pardon of Binance...
-
Strategy’s STRC Hits $100 for First Time Since May
The recovery follows roughly $2.25 billion of buybacks and brings the preferred stock back to Strategy’s stated minimum price for new issuance.... Read the full story at The Defiant
-
Stripe Lets US Businesses Send Stablecoins to Wallets in 160-Plus Markets
The public preview supports USDC and Open USD, funded from a Treasury balance. Businesses in New York are excluded.... Read the full story at The Defiant
-
Polygon Proposal Seeks Hard Fork to Recover 70.49 Million POL
Funds tied to the Polymarket and Binance incidents would go to recovery wallets, without changing POL’s total supply.... Read the full story at The Defiant
-
Osmosis Burns 55.5 Million OSMO From Community Pool
The community pool retains about 63.78 million OSMO, but new token issuance no longer replenishes its reserves.... Read the full story at The Defiant
-
Tech, AI Stocks Split After Democratic Sweep: Microsoft Jumps, Tesla and Nvidia Tank
Microsoft and Alphabet surged while Nvidia and Tesla fell, highlighting a divided market as investors reassess Washington's approach to AI and Big Tech.
-
Zcash Climbs 9.5% Ahead of NU7 Network Upgrade
The upgrade is expected around Nov. 5 and will shorten target block times without materially increasing scheduled daily issuance. Node operators face a software-upgrade deadline.... Read the full story at The Defiant
-
Coinbase says 99% of customer assets sit in cold storage after Binance’s $6.3 billion breach
Coinbase says 99% of customer assets are in cold storage and it wasn't affected by the $6.3 billion Binance hack.
-
Bitcoin Rebounds After Democratic Midterm Sweep, But Crypto Faces Tougher Fight in Washington
Bitcoin bounced back after Democrats won control of Congress, but a stalled market structure bill and heavy industry campaign spending reveal crypto’s exposure to shifting US political power.
-
ApeChain Plans Switch From LayerZero to Chainlink CCIP
The plan includes upgrading APE and USDC to Chainlink Cross-Chain Tokens, but the announcements do not specify holder migration steps or a legacy-bridge shutdown date.... Read the full story at The Defiant
-
Privacy Cash Pauses Deposits After Binance Hack
Elliptic traced about $1.2 million in theft-linked ETH and SOL into its pools; the team says withdrawals remain open.... Read the full story at The Defiant
-
Wall Street’s Plumbing Goes Onchain as Morgan Stanley Tokenizes Securities
Morgan Stanley says it has converted U.S. equities and Treasuries into tokenized form through the newly launched DTCC Tokenization Service, which 20 Wall Street firms have signed up to use.
-
Schroders launches tokenized emerging markets debt fund on Solana with Centrifuge
The $1 trillion-plus asset manager brings its emerging markets bond strategy to Solana, expanding the range of onchain actively managed funds.
-
Coinbase Brings Deribit Options and Perpetuals to US Prime Clients
Institutions can access global derivatives through Coinbase Financial Markets, but shared liquidity does not mean a single margin pool.... Read the full story at The Defiant
-
U.S. Democratic sweep could be the final nail in the ‘Clarity Act’s coffin’
-
Wall Street cuts Bitcoin miner price targets as newly blue Texas threatens data center boom
Wall Street is cutting bitcoin miner price targets after Democrats' Texas win raised fears of delays to AI data center projects.
-
Election night was bad for Trump cryptocurrencies
Last night, the Democratic Party outperformed expectations in the midterm elections, securing control of both the House of Representatives and the Senate in the next Congress. This turned out to be bad news for Trump family cryptocurrencies. The Democrats' performance, which some have dubbed a...
-
TD Cowen: Democratic Sweep Makes a Crypto-Backed CLARITY Act ‘Impossible’
Bitcoin Magazine TD Cowen: Democratic Sweep Makes a Crypto-Backed CLARITY Act ‘Impossible' The Democratic sweep of Congress closes the door on crypto market structure legislation like the Clarity Act for the next two years and may rule out any version the industry would support, TD Cowen told...