The Office of the Comptroller of the Currency has finalized its regulations implementing the GENIUS Act which is set to come into effect on January 18, 2027. Summary The OCC has finalized federal regulations under the GENIUS Act covering stablecoin issuance, reserve backing, redemptions and supervision. The new rules take effect on January 18, 2027,
Solana has approached its October 21 Alpenglow activation near $106, far below where it began the month, after repeated U.S. fund withdrawals and the sale of a large corporate SOL reserve. The upgrade aims to make transactions final much faster. Whether the network delivers that improvement under live conditions, and whether investors return afterward, will
France has proposed making regulated cryptocurrency platforms responsible for certain losses suffered by customers accessing decentralized finance protocols through their services, as part of proposed changes to the European Union’s Markets in Crypto-Assets Regulation. Summary France has proposed holding regulated crypto platforms liable for certain DeFi security incidents if they fail to assess protocols properly
Zcash developers have agreed on block 3,543,405 as the planned activation point for Network Upgrade 7 (NU7), bringing the privacy-focused blockchain closer to introducing 25-second blocks around November 5. Summary Zcash developers have selected block 3,543,405 for NU7 activation, expected around November 5. The upgrade will reduce target block times from 75 seconds to 25
Binance US and Blockchain.com are the latest contenders looking to enter the U.S. prediction market industry and has reportedly applied for regulatory approval to offer event contracts. Summary Binance US has reportedly applied for regulatory approval to offer prediction markets in the United States. Coinbase, Crypto.com, Gemini and Bullish are among the cryptocurrency companies pursuing
BNB Standard Corporation (Nasdaq: BNC) has announced plans to ring the Nasdaq opening bell on October 26, following its recent corporate rebranding and the appointment of Alex Odagiu as chief executive officer. Summary BNB Standard will ring the Nasdaq opening bell on October 26 to celebrate its new corporate identity and the appointment of Alex
Qubic has restarted its layer-1 blockchain and begun returning funds to verified wallet owners after a seed-generation vulnerability allowed an attacker to drain approximately $1.4 million in QU tokens from 1,404 accounts. Summary Qubic has resumed blockchain operations after a wallet vulnerability led to approximately $1.4 million in stolen QU tokens. The project’s Computor quorum
Memecoin investor Murad has said the crypto bull cycle has yet to begin, with Bitcoin trading near $82,000 after U.S. spot Bitcoin exchange-traded funds recorded $526.7 million in daily inflows. Summary Murad said crypto’s bull cycle has not begun, without giving a timeline or price target. Bitcoin ETFs drew $526.7 million on Oct. 19, reducing
Solana co-founder Anatoly Yakovenko has said Alpenglow could have shipped in half the time through a simpler vote-program change, ahead of the Oct. 21 consensus migration that will remove validator vote transactions from blocks. Summary Yakovenko said a simpler vote-program change could have halved Alpenglow’s development time. Removing validator vote transactions will lower headline TPS
Bitcoin has climbed back above $83,000 during Tuesday’s recovery in U.S. stocks before retreating toward $82,600, as falling oil prices accompanied gains across risk assets. Summary Bitcoin briefly topped $83,000 before pulling back toward $82,600. U.S. stocks rose as oil prices eased, with healthcare shares reaching a record high. Trader Ardi identified $84,200 as the
