Crypto news
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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.
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Kraken Parent Payward Agrees to Buy Lithuania’s Saldo Bank
Saldo reported €196.9 million in assets at the end of June. The acquisition is expected to close in 2027, subject to regulatory approval.... Read the full story at The Defiant
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AI Agents Made 138 Million Crypto Payments in a Year. Most Were Tiny
A new Chainalysis report found payments through Coinbase’s x402 protocol surged from about 1,500 in mid-2025 to more than 138 million by Q3 2026, with U.S. wallets dominating spending on AI models.
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XLM Drops 4%, Lagging Bitcoin and Ether
Stellar announced native Chainlink data services for DeFi applications, while XLM’s seven-day loss reached 7.85%.... Read the full story at The Defiant
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GTA 6 leaker threatens dead man’s switch for endgame spoilers
Pseudonymous GTA 6 leaker “Cyberleek” has threatened to reveal the long-awaited game’s ending if they're caught, but won’t be leaking content regularly anymore because of their poorly performing crypto token. Last week, Protos reported that Cyberleek had ended their hiatus to drop more GTA 6 leaks...
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Russia's Biggest Bank Sberbank Wins Approval to Trade Bitcoin
Sberbank now holds both custody and exchange status under Russia's new crypto law, and plans to bring Bitcoin, Ethereum and USDT to apps used by 110 million retail clients.
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Solana Sets a Date for Its Next Major Upgrade
Solana's Alpenglow upgrade replaces the TowerBFT voting system on October 21, cutting finality from 12.8 seconds to a target of 150ms and pulling vote transactions out of blocks entirely.
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Specter Links ProveX’s January ETH Inflows to Earlier Heart-Linked Funds
The receiving address was published by Heart for a campaign that warned participants their coins could be sold and they would receive no benefit.... Read the full story at The Defiant
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Strategy’s USD Cash down 60% in seven weeks
USD Cash at Michael Saylor’s BTC treasury company Strategy has fallen 60% from $1.61 billion on August 30 to $640.5 million on October 11, according to its latest disclosure this week. The firm has spent the majority of its USD Cash on STRC buybacks, Strategy’s ultra-high yield dividend stock that...
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EU authority classifies Circle’s USDC as ‘significant’ under MiCA
The second-largest stablecoin by market cap will be overseen by French and EU authorities under its classification as a “significant e-money token.“
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Major shareholder presses SkyAI on Solana sales after treasury shrinks 70% in a month
SkyAI's SOL treasury fell 70% in under a month, with 400,000 SOL unexplained. Bastion Trading won't tender at $3 a share and wants $3.50.
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Bank of America hit with $1.2B fine after missing ‘Chinese money laundering’
Bank of America has been fined a total of $1.2 billion dollars by the Office of the Comptroller of the Currency (OCC) and the Financial Crimes Enforcement Network (FinCEN) after admitting failures of its Bank Secrecy Act (BSA) and anti-money laundering (AML) compliance program resulting in over $5...
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US authorities dismantle crypto scam network that stole tens of millions
Brooklyn prosecutors and the FBI seized 112 servers and shut down 241 websites linked to investment scams that targeted Russian-speaking Americans.
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‘You’re committing crime in broad daylight’: Kalshi CEO defends prediction markets amid insider trading concerns
As insider trading concerns are accumulating, one of the biggest platforms said its markets make it easier to suss out bad actors.
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Standard Chartered Opens Bitcoin and Ethereum Trading to Wealthy UAE Clients
The British bank won Dubai regulatory approval to let affluent clients buy BTC and ETH straight from their bank accounts, with custody and settlement kept in-house.
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Rocket Pool Voters Back rETH Withdrawals, Keep 4 ETH Bonds
Voters chose random megapool exits and deferred an onchain governance expansion. The full Saturn 2 upgrade package still needs ratification.... Read the full story at The Defiant
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OpenAI eyes security firm purchase amid office bugging scandal
OpenAI is in talks to acquire Trail of Bits (ToB), a cybersecurity firm which counts top crypto projects among its clients, according to a Tuesday report by The Information . The news comes in the wake of a major security incident at the AI giant’s offices, in which it discovered a “sophisticated...
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Bubblemaps Alleges Anglio-Linked Wallets Traded Ahead of Pump.fun Calls
The analytics firm estimates $50,000 in trading profits and $80,000 in callout rewards, as Pump.fun shifts payouts toward followers’ returns.... Read the full story at The Defiant
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OCC report finds debanking efforts tied to crypto activities
The report from the US banking regulator did not include specific examples of debanking related to crypto, but mentioned it alongside ties to oil, gas and firearms.
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Bitcoin falls below $82,000 as hotter core CPI revives Fed hike concerns
Bitcoin dropped below $82,000 after September's core CPI beat forecasts as analysts weigh price targets and an October hike.
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Kalshi CEO says state-led oversight of U.S. prediction markets would push them out
CEO Tarek Mansour said he feels "pretty good" about the pending outcome of the current legal fight over who has the right to regulate prediction markets.
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UNCX Vesting Pool Exploited for About $86,000, Blockaid Says
The identified transaction took five different tokens, while the affected Ethereum contract still held about $3.25 million in assets.... Read the full story at The Defiant
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Uniswap Launches ETH/USDC Pool With Separate Buy and Sell Fees
The VolatilePair Hook adds temporary charges on trades reversing large price moves, aiming to retain more arbitrage value for liquidity providers.... Read the full story at The Defiant
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Kraken Parent Company Payward to Buy Saldo Bank in European Banking Push
Bitcoin Magazine Kraken Parent Company Payward to Buy Saldo Bank in European Banking Push Payward, the parent company of crypto exchange Kraken, has signed a definitive agreement to acquire Saldo Bank, gaining an EU banking license and a footprint across five European markets. Payward is buying...
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Standard Chartered pushes $2T stablecoin forecast to 2030 as transaction volumes grow
The bank identified four distinct stablecoin markets, with USDC leading payments and AI transactions as competition intensifies over reserve yields.
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Standard Chartered Debuts Bitcoin Trading For Wealthy UAE Clients
Bitcoin Magazine Standard Chartered Debuts Bitcoin Trading For Wealthy UAE Clients British multinational Standard Chartered on Wednesday announced a bitcoin trading service for affluent clients in the United Arab Emirates. The service is the first such service offered by an international bank in...
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'It Can Take Years': Coinbase Presses for Bitcoin Quantum Migration to Start Now
In a detailed technical post, the exchange argued Bitcoin’s multi-year migration to quantum-resistant cryptography must begin before any “Q-Day,” laying out requirements spanning block space, custody and dormant coins.
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The Undercurrent: Three European Artists on Making Money Visible
Bitcoin Magazine The Undercurrent: Three European Artists on Making Money Visible Amsterdam helped lay the foundations of modern finance, but its artists were among its earliest critics. When speculative bubbles burst across Europe in 1720, Amsterdam printers and satirists responded with The Great...
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Hex and PulseChain founder Richard Heart detained in Istanbul: reports
Turkish reports say $4 million and 64 watches were seized. Police have yet to confirm Heart’s detention.