News archive — Page 13

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Macro

So-Called Crypto ‘Godfather’ Gets 78 Months as $37M Meta Fraud Unravels

Adam Iza called himself “The Godfather” and used money from a roughly $37 million Meta advertising fraud to hire off-duty Los Angeles County sheriff’s deputies. Five former deputies have since been convicted. On Oct. 5, a federal judge sentenced Iza to 78 months and ordered $23.4 million in restitution. The prison term runs alongside a […]

Projects

XRP Could Skip Final Rally and Fall Toward $1.27 Support

XRP’s tightening range is nearing a decision point below $1.65, with one analyst saying the crypto token does not need another high before a larger pullback begins. The setup still leaves room for a stronger breakout if buyers reclaim nearby resistance. XRP Could Skip Its Final Rally and Head Toward $1.27 XRP remains below resistance […]

Projects

Startale Bond Puts a Yen Stablecoin to Work in Corporate Finance

Startale Japan has launched a digital corporate bond that will pay both interest and principal in JPYSC, a yen-denominated stablecoin issued by SBI Shinsei Trust Bank. The company describes it as the first digital corporate bond in Japan to use a yen-denominated trust-type stablecoin for both types of payments, based on the firm’s research as […]

Macro

Evernorth Sets New XRP Treasury Timeline After Administrative Delay

Stock market access to Evernorth’s XRP treasury is expected later than previously planned after an administrative delay. The company has revised its merger and Nasdaq trading timetable while maintaining that the setback should not affect completion. Administrative Delay Moves Evernorth’s Nasdaq Target Investors awaiting Evernorth’s planned public debut face a revised schedule, Evernorth shared in […]

Bitcoin

US Government Moves $71M Bitcoin Stash After 6-Week Silence

On Tuesday, the U.S. government moved bitcoin for the first time since Aug. 26, with government-linked wallets shifting 833.6 BTC valued at just over $71 million. The coins trace back to two separate cases involving the Potapenko-Turogin fraud case and the 2016 Bitfinex hack. Government Wallets Stir With Bitcoin, BNB Transfers Roughly around 11 a.m. […]

Ethereum

Ethereum Economic Zone Runs Atomic L1-L2 Transfer on Mainnet

This week, the Ethereum Economic Zone (EEZ) initiative’s core contributor, Eduardo Antuña Díez, revealed a technological advancement by showcasing an atomic Layer 1 (L1) to Layer 2 (L2) transaction on Ethereum’s mainnet. The developer further noted that atomic synchronous composability was “no longer a promise.” EEZ Showcases an Atomic L1-to-L2 Transfer on Ethereum Mainnet On […]

Regulation

Kalshi Ends Federal Court Losing Streak With Partial Win Over Illinois

A federal judge in Chicago blocked Illinois from enforcing its sports wagering license rules and a related criminal provision against Kalshi and Coinbase, but held off on the state’s new prediction market fees. It’s Kalshi’s first win in federal court since July. Judge Says a Swap Is a Swap Kalshi has won a partial preliminary […]

Projects

Conduit Sues Tether Over a $2.76M USDT Wallet Frozen for a Year

Conduit Technology has sued Tether after the stablecoin issuer froze $2.76 million in the company’s USDT and allegedly kept it locked for more than a year. The stranger part is why. Conduit says Brazilian police never asked Tether to freeze its treasury wallet and that Tether’s own financial crime unit selected the address using criteria […]

Regulation

Winklevoss Twins File for Zcash ETF With $100M Launch Interest

Winklevoss Asset Services submitted a registration statement to the SEC for a spot zcash ETF under the ticker WINK on Nasdaq. The ETF offers direct price exposure to zcash (ZEC) rather than derivatives, using a cash-creation model for share creation and redemption. Taking on Grayscale Winklevoss Asset Services, led by CEO Cameron Winklevoss, submitted […]

Bitcoin

Linked Hyperliquid Giants Take Aim at Bitcoin, Ether With $1.58B in Crypto Shorts

While bitcoin and ether prices have been consolidating, two massive Hyperliquid wallets carry a combined net short exposure of roughly $1.58 billion against an array of top assets—with BTC and ETH topping the list. Positions of this magnitude naturally leave market watchers wondering whether the entities behind these trades know something the typical trader does […]

Regulation

Tether Hit With Lawsuit Over $2.76 Million Stablecoin Freeze

The payments firm alleges Tether froze its treasury wallet on its own initiative over a Brazilian investigation it has no connection to—and has profited from the reserves while refusing to release the funds for more than a year.

Projects

Securitize, LG CNS partner on tokenized assets in South Korea

Securitize and LG CNS have signed a memorandum of understanding covering three areas of digital asset development for South Korean institutions, including tokenized securities and stablecoin infrastructure. Securitize announced on Oct. 6 that the companies will explore institutional products and…

Bitcoin

Excluding Bitcoin’s 15 Best Days Turns 225% 3-Year Gain Into Loss: Grayscale

Bitcoin’s three-year return turns negative when its 15 strongest trading days are excluded, according to Grayscale. The analysis highlights how brief rallies can dominate long-term results, exposing the potential cost of waiting outside the market. Just 15 Days Separate Bitcoin’s Gain From a Loss Missing bitcoin’s strongest rallies could substantially alter long-term investment results, […]

Regulation

Bitcoin Price Holds October Gains After Two Surges Above $86K

Bitcoin twice rose above $86,000 on Tuesday, supported by momentum from the CFTC’s proposed cryptocurrency regulations and a recent SEC proposal on crypto custody. After an earlier sell-off, bitcoin rallied to a high near $86,450 before pulling back, with its market capitalization reaching about $1.72 trillion. Regulatory Momentum Drives Bitcoin Back Above $86,000 Bitcoin’s price […]

Exchanges

ZRO price up over 100% in a month: Can it top $3 in October?

LayerZero’s ZRO price has climbed more than 100% from its early-September levels to around $2.23 as traders assess its rising price channel, planned ATLAS buybacks, and an Oct. 20 token unlock. TradingView’s Binance ZRO/USDT charts show LayerZero trading around $2.23…

Projects

Crypto is expanding the boundaries of what can be priced

The future of crypto may therefore depend less on creating the next novel asset and more on building the infrastructure required to price a growing universe of existing ones, argues Altius co-founder and CEO Annabelle Huang.

Bitcoin

Best crypto to buy in October 2026: Five coins to look at

October’s strongest established crypto candidates have liquid markets, active developer communities and events that can be checked against public records. Bitcoin, Ethereum, Solana, BNB and XRP each meet the longevity test, but their October cases depend on different things. A…

Projects

Solana price prediction: Can SOL hit $150 in October?

Solana price has held near $121 after its September recovery, with positive daily money flow supporting a renewed test of $125 resistance as traders watch whether October can bring a move toward $150. Solana daily chart showed its price at…