Crypto news
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Brooklyn Prosecutors Take Down 112 Servers Behind Crypto Scam Targeting Russian Speakers
The scammers also ran a fake recovery service, contacting victims weeks later with promises to get their stolen crypto back.
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Hyperliquid founder wants U.S. oversight of trading platforms, not his blockchain
Jeff Yan told Bloomberg that U.S. regulatory oversight should apply to the firms using the blockchain, not to the underlying network itself.
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Bitget, Liquid exploits push Q3 crypto hacks toward $1.2B
Compromised suppliers, developer tools and infrastructure components outside security audits drove about 77% of the quarter’s total losses, according to Hacken.
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Australia’s financial watchdog seeks stiffer rules for crypto exchanges ahead of licensing deadline
The country’s regulator, ASIC, has proposed tougher rules to protect users’ digital assets, crypto trading and to safeguard the country’s financial stability.
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Bitcoin dips to $80.1K as KOSPI closes at its lowest since April
Bitcoin price action continued to see contagion from a Korean tech sell-off after the KOSPI Index fell 7.5% on Thursday.
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Thailand crypto ETFs may see slow start despite new rules: CoinShares
Thailand’s new Bitcoin and Ether ETF rules take effect Friday, but CoinShares expects modest initial inflows as existing investment options compete for demand.
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Hex founder Richard Heart arrested in Istanbul, Turkish media report
Police reportedly seized $4 million in cash and 64 luxury watches during a raid on the crypto founder's Istanbul residence.
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Babylon advances native Bitcoin lending proposal on Aave V4
Babylon’s proposal to bring native Bitcoin collateral to Aave V4 has entered a new governance stage, but further votes and security reviews remain before launch.
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Bitcoin ETFs shed $261M as XRP funds buck weekly outflow trend
Bitcoin ETFs have recorded $151 million in net outflows since Monday, after investors withdrew $681 million the previous week.
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Ethereum HEX Sinks 31% After Reports of Richard Heart's Detention
A Uniswap pool handling about $703,000 in daily HEX trading held just $354,000 in liquidity, adding execution risk for sellers.... Read the full story at The Defiant
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BlackRock's Fink names a U.S. recession trigger, sounds alarm over $40 trillion national debt
BlackRock's CEO says "a moratorium of some sort" on data center buildouts would put the U.S. in a recession.
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South Korea plans cybersecurity overhaul after attacks hit banks, crypto firms
South Korea is proposing tougher cybersecurity assessments after a review identified security deficiencies at 130 financial firms.
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Australia seeks feedback on crypto platform rules ahead of 2027 rollout
The consultation follows Parliament’s passage of digital asset legislation in April, with Australia’s securities regulator now proposing capital, custody and trading standards for crypto platforms.
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Bitcoin drops below $81,000 as risk-off sentiment weighs on Asian equities
Asian equities tumbled on Thursday, with South Korea's Kospi losing 8% and Japan's Nikkei 225 declining 5% during morning trading.
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Nearly $1 billion in crypto bets liquidated as bitcoin, ether and XRP slide
Ether accounted for nearly 60% of the forced closures across the two largest cryptocurrencies, falling roughly twice as much as bitcoin.
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Bitcoin mining pool once handling 2.3% of network shuts after hashrate falls 65%
Computing power directed at Binance Pool has fallen from 26 EH/s in December to about 9 EH/s. Its remaining miners must choose another provider before a Nov. 10 cutoff.
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Bitcoin is back below $81,000 as Fed rate uncertainty weighs. Kospi plunges 8%
Bets on an October Fed rate hike briefly spiked to nearly 50% after Wednesday’s inflation report, but have since cooled.
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Bitcoin miners plunge up to 13% in Wall Street’s worst selloff since July
TeraWulf, Core Scientific, Cipher Mining and IREN each lost more than 12% as hotter inflation hit AI infrastructure companies.
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Ledger Wallet Tampering: What Is Confirmed and What Owners Should Know
Ledger tells CryptoBilis buyers to leave unused wallets uninitialized and move assets from already-set-up devices to a new device with a new recovery phrase.... Read the full story at The Defiant
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US Event-Contract Rules: What the CFTC Has Changed and What Remains Unresolved
A guide to the proposed swap definition, the adopted casino-wager exclusion and the court split over state gambling laws—and why each has a different legal effect.... Read the full story at The Defiant
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VanEck seeks to withdraw application for Lido staked Ether ETF
VanEck initially filed an S-1 registration statement for the exchange-traded fund in October last year.
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Polygon gains US payments licenses after closing Coinme deal
The deal gives Polygon access to 37 money transmitter licenses and 11 state exemptions.
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Godfather of AI and 400 Scientists Want AI Models Cut Off From the Internet
After a summer of AI models escaping test environments and hacking real companies, hundreds of researchers say the internet itself should be treated as a security boundary.
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VanEck Seeks to Withdraw Lido Staked Ethereum ETF Filing
The proposed fund would have held stETH directly and offered brokerage-account exposure to Lido’s liquid-staking token. Its registration never became effective.... Read the full story at The Defiant
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Russia’s Central Bank Authorizes Sberbank to Exchange Cryptocurrencies
Bitcoin Magazine Russia’s Central Bank Authorizes Sberbank to Exchange Cryptocurrencies Russia’s central bank has added Sberbank to its register of organizations authorized to exchange digital currencies, according to reports. Sberbank was added to the list of digital depositories, which will keep...
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Tempo Takes Zones Privacy System Into Production With Deel
Contractor balances and payout history stay out of public view, while Deel retains records for reconciliation and audit.... Read the full story at The Defiant
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Algorand Marketing Chief Resigns After CEO and CTO Departures
Marc Vanlerberghe’s exit comes as new CEO William Herkelrath reviews initiatives and partnerships with the aim of making Algorand self-sustaining.... Read the full story at The Defiant
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Developer Who Cloned Photoshop With AI Just Did the Same to Microsoft Office
Developer Brandon Thomas used Anthropic's Claude to build free, open-source replicas of Word, Excel and PowerPoint. They're rough, but they show how cheap cloning software has become.
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Organizations join forces to fight Illinois crypto tax, after 6-month pause
Illinois officials already agreed to delay implementation of a 0.2% tax on crypto assets, but industry-aligned organizations are pushing for summary judgment on the merits.
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Patrick Witt exits White House crypto role as Clarity Act stalls
Leadership at the White House is shifting once again, as Patrick Witt’s tenure as the administration’s top crypto adviser comes to an end.