Ethereum devs have introduced Kohaku to enhance wallet privacy and security with modular tools, zero-knowledge recovery options and decentralized transaction handling. Ethereum developers unveiled Kohaku, a roadmap that aims to improve wallet privacy and security through a modular framework designed for developers and advanced users. The project, announced in a Thursday blog post by Ethereum Foundation coordinator Nicolas Consigny, outlines plans to build a set of privacy and security primitives for the Ethereum ecosystem. At its core, Kohaku aims to create a software development kit (SDK) for building secure wallet functions, and a reference wallet that demonstrates how these tools work in practice. The first version will come as a browser extension based on the Ambire wallet, designed for advanced users who want more control and privacy. Read more
XRP price held above $2.80 on Thursday, increasing the altcoin’s chances of rallying toward the cup-and-handle pattern’s target above $6. Key takeaways: XRP traded at $2.82 on Thursday, with a potential cup-and-handle breakout projecting a 120% rally to $6.20. The XRP/USD pair needs to flip $3-$3.10 into support, as $2.80 remains a key level of interest for traders. Read more
The Bank of France’s governor called for crypto oversight to be given to the European Securities and Markets Authority, and for tightening MiCA’s rules on stablecoin issuance. The Bank of France called on the EU to give its markets regulator direct supervision over major crypto firms, warning that fragmented oversight could threaten the bloc’s financial sovereignty. Speaking at the ACPR-AMF Fintech Forum in Paris on Thursday, Bank of France Governor François Villeroy de Galhau said the European Securities and Markets Authority (ESMA) should be given the mandate to directly oversee crypto-asset issuers under the EU's Markets in Crypto-Assets (MiCA) framework. “I also advocate, along with the president of the AMF, for European supervision of crypto-asset issuers, carried out by ESMA,” he said, adding that it may guarantee the consistent application of rules and reduce risks. Read more
Takaichi’s election may have a “material impact” on the governance and regulatory perception of crypto assets in Japan, experts told Cointelegraph. Japan’s newly elected prime minister, Sanae Takaichi, may open the door for more “refined” regulations to boost the country’s cryptocurrency economy, which could be set to emerge as the next global hub for crypto companies. Takaichi was elected leader of the Liberal Democratic Party (LDP) on Saturday and is set to become Japan’s first female prime minister when she takes office on Oct. 15. Experts say her leadership may introduce a more open stance toward technological experimentation, including blockchain innovation, while maintaining Japan’s rigorous regulatory standards. Read more
DeFi TVL reached a record $237 billion in the third quarter of 2025, but DApp wallet activity fell 22% as SocialFi and AI DApps lost momentum. The decentralized application (DApp) industry ended the third quarter of 2025 with mixed results, as decentralized finance (DeFi) liquidity surged to a record high while user activity fell sharply, according to new data from DappRadar. In a report sent to Cointelegraph, DappRadar said that daily unique active wallets averaged 18.7 million in Q3, down 22.4% compared to the second quarter. Meanwhile, DeFi protocols collectively locked in $237 billion, the highest total value locked (TVL) ever recorded in the space. The report highlights an ongoing divergence between institutional capital flowing into blockchain-based financial platforms and the engagement of retail users with DApps. While DeFi TVL reached record levels of liquidity, overall activity lagged, suggesting weaker retail participation. Read more
Amina Bank has become the first regulated financial institution to offer staking for Polygon’s POL token, allowing institutional clients to earn up to 15% rewards. Update (Oct. 9, 12:30 pm UTC): This article has been updated to include additional commentary from Maria Adamjee. Swiss crypto bank Amina Bank has become the first financial institution to offer staking services for POL, the native token securing the Polygon network. The Zug-based bank, licensed by the Swiss Financial Market Supervisory Authority (FINMA), said on Thursday that it will provide institutional clients with up to 15% in staking rewards through a new partnership with the Polygon Foundation. Read more