House Financial Services Committee Chair French Hill has renewed his push for a permanent US crypto law, saying regulatory action falls short of legislation as the Senate faces just 22 session days after November’s elections. Summary Hill said SEC and CFTC crypto measures cannot provide the lasting framework Congress could establish. The Senate blocked CLARITY
Sui has reported peak throughput of 40.6 million transactions per second in a live offchain test involving more than 10,000 tunnels, exceeding its July result of about 6.1 million TPS. Summary 40,614,180 TPS was recorded in offchain tunnels during the live demonstration at Sui Basecamp in Singapore. More than 10,000 tunnels supported payments, games, and
Paxos has added XRP to its Crypto Brokerage platform, enabling partners to offer buying, selling, holding, depositing, and withdrawing for a token the company says is held across more than 8.1 million wallets. Summary Paxos has added XRP support for partner trading, custody, deposits and withdrawals. The XRP Ledger Foundation named PayPal, Venmo and major
Bitcoin has slipped below $84,000 after reaching $87,197 last Friday, while analysts have offered competing views on whether October can deliver a recovery toward $100,000. Summary SideShift founder Andreas Brekken predicts Bitcoin will reach $100,000 within weeks as investor attention turns toward crypto. Bitfinex says holding $84,000 could leave late short sellers exposed if spot
Europol has warned that future quantum computers could threaten cryptocurrency wallets and long-lived encrypted data, urging the crypto industry to begin security preparations before practical attacks become possible. Summary Europol says quantum computers could expose cryptocurrency wallets by deriving private keys from public keys. Europol recommends phased migration to post-quantum cryptography, stronger wallet security, and
Tether has signed an agreement with Kazakhstan’s central bank and Alatau City Authority to explore a tenge-backed stablecoin, asset tokenization and decentralized finance. Summary Tether has signed an MoU with Kazakhstan authorities to study a tenge-pegged stablecoin pilot proposal. Kazakhstan’s National Bank already regulates stablecoins and tokenized real assets under rules effective May 2026. Alatau
Cardano’s new programmable token framework lets an issuer make transfers depend on its own rules, including identity checks, allowlists and, where selected, freezes or forced transfers. The public chain enforces those rules for the particular asset, but the entity that writes, administers and changes them still determines what holders may do. Summary The Cardano Foundation
Evernorth Holdings has delayed its planned Nasdaq trading debut under the XRPN ticker by four days to Oct. 12 after an administrative issue pushed back the closing of its business combination with Armada Acquisition Corp. II. Summary Evernorth expects XRPN to begin trading on Nasdaq on Oct. 12, four days later than the previously planned
Crypto’s 200 largest assets have gained just 5% since October 2021 even as annual new token supply has fallen from 26.5% to 3.3%, leaving the market roughly 35% below its long term trend, according to crypto market analyst Jamie Coutts. Summary Crypto’s Top 200 has gained just 5% since October 2021 and remains roughly 35%
US government linked wallets have transferred $103 million in Bitcoin and BNB, sending more than $71 million in BTC to Coinbase Prime as the transaction raises questions over whether the assets could be headed for a sale. Summary US government linked wallets transferred 833.6 BTC and 40,285 BNB worth a combined $103 million, according to
