Crypto

Germany is set to thwart the EU’s Chat Control plan to scan encrypted messages before they’re sent. But Cypherpunks warn the fight isn’t over. In an apparent victory for digital privacy, the head of the largest political party in Germany has come out against controversial legislation that would enable mass online state surveillance. German technology news site Heise Online reports that next week’s vote in the EU Council has now been delayed, although this was not confirmed at the time of writing. Under the guise of fighting child sexual abuse material, the “Chat Control regulations would enable the mass surveillance of private messages prior to encryption on platforms such as Telegram and WhatsApp. But cypherpunks know that even if this attempt fails, its only a matter of time before they try again, because this is a battle that has been fought many times. Read more

Germany is set to thwart the EU’s Chat Control plan to scan encrypted messages before they’re sent. But Cypherpunks warn the fight isn’t over. In an apparent victory for digital privacy, the head of the largest political party in Germany has come out against controversial legislation that would enable mass online state surveillance. German technology news site Heise Online reports that next week’s vote in the EU Council has now been delayed, although this was not confirmed at the time of writing. Under the guise of fighting child sexual abuse material, the “Chat Control regulations would enable the mass surveillance of private messages prior to encryption on platforms such as Telegram and WhatsApp. But cypherpunks know that even if this attempt fails, its only a matter of time before they try again, because this is a battle that has been fought many times. Read more

Germany is set to thwart the EU’s Chat Control plan to scan encrypted messages before they’re sent. But Cypherpunks warn the fight isn’t over. In an apparent victory for digital privacy, the head of the largest political party in Germany has come out against controversial legislation that would enable mass online state surveillance. German technology news site Heise Online reports that next week’s vote in the EU Council has now been delayed, although this was not confirmed at the time of writing. Under the guise of fighting child sexual abuse material, the “Chat Control regulations would enable the mass surveillance of private messages prior to encryption on platforms such as Telegram and WhatsApp. But cypherpunks know that even if this attempt fails, its only a matter of time before they try again, because this is a battle that has been fought many times. Read more

Germany is set to thwart the EU’s Chat Control plan to scan encrypted messages before they’re sent. But Cypherpunks warn the fight isn’t over. In an apparent victory for digital privacy, the head of the largest political party in Germany has come out against controversial legislation that would enable mass online state surveillance. German technology news site Heise Online reports that next week’s vote in the EU Council has now been delayed, although this was not confirmed at the time of writing. Under the guise of fighting child sexual abuse material, the “Chat Control regulations would enable the mass surveillance of private messages prior to encryption on platforms such as Telegram and WhatsApp. But cypherpunks know that even if this attempt fails, its only a matter of time before they try again, because this is a battle that has been fought many times. Read more

Germany is set to thwart the EU’s Chat Control plan to scan encrypted messages before they’re sent. But Cypherpunks warn the fight isn’t over. In an apparent victory for digital privacy, the head of the largest political party in Germany has come out against controversial legislation that would enable mass online state surveillance. German technology news site Heise Online reports that next week’s vote in the EU Council has now been delayed, although this was not confirmed at the time of writing. Under the guise of fighting child sexual abuse material, the “Chat Control regulations would enable the mass surveillance of private messages prior to encryption on platforms such as Telegram and WhatsApp. But cypherpunks know that even if this attempt fails, its only a matter of time before they try again, because this is a battle that has been fought many times. Read more

Hackers who breached Discord’s Zendesk support system are reportedly extorting the platform after stealing 2.1 million users’ age-verification photos. Discord is reportedly being extorted by hackers responsible for breaching a database containing the sensitive age verification data of more than 2.1 million users, who are threatening to leak it. In a Wednesday X post, malware repository VX-Underground claimed Discord is being extorted by the individuals responsible for compromising their Zendesk instance, which contains user data. The data includes 2,185,151 photos used for the age verification of 2.1 million users, including pictures of driver’s licenses and passports. “Discord users drivers license and/or passport might be leaked, “ VX-Underground said. Read more

Aave (AAVE) was also a top performer, gaining 1% from Tuesday.

The massive whale previously rotated about $5 billion worth of Bitcoin into Ether after holding the BTC stash for seven years. A Bitcoin whale that held about $11 billion in BTC before rotating more than $5 billion of the stash into Ether two months ago has returned to the cryptocurrency market, with another $360 million Bitcoin transfer. The whale address transferred $360 million worth of Bitcoin (BTC) into decentralized finance (DeFi) protocol Hyperunit’s hot wallet “bc1pd” on Tuesday. This marked their first transfer in two months, according to blockchain data platform Arkham.. The transfer may signal another rotation into Ether (ETH) based on the whale’s transaction patterns.  Read more

Tokenized real-world assets (RWAs) are emerging as a key bridge between TradFi and DeFi.

Bit Digital purchased 31,057 ETH worth $140 million, bringing its total holdings to over 150,000 ETH and making it the sixth-largest Ethereum treasury. Bit Digital expanded its Ether holdings to more than 150,000 ETH after purchasing 31,057 ETH valued at about $140 million using proceeds from a $150 million convertible notes sale. The deal, which included full exercise of underwriters’ options, positions the firm as the sixth-largest Ether (ETH) treasury among public companies, according to data from StrategicETHReserve.xyz. “This purchase demonstrates our commitment to building shareholder value by financing ETH accumulation on terms that are accretive to NAV per share,” said Sam Tabar, CEO of Bit Digital. “We view ETH as foundational to digital financial infrastructure and believe current levels provide a compelling long-term entry point,” Tabar added. Read more

Fireblocks Trust Company has teamed up with Galaxy, Bakkt and other crypto heavyweights to meet increasing institutional demand for secure digital asset custody. Fireblocks Trust Company, a New York State-regulated custodian under the Fireblocks platform, has partnered with Galaxy, Bakkt, FalconX and Castle Island to expand institutional-grade crypto custody. Operating under New York Department of Financial Services (NYDFS) oversight, the company is rolling out a custody framework to meet soaring institutional demand for regulated digital asset infrastructure spanning ETFs, digital asset treasuries (DATs) and token launches, according to a Wednesday announcement. “Regulatory compliance and security are non-negotiable,” said Matt Walsh, founding partner at Castle Island. “Fireblocks Trust Company delivers on both fronts with their qualified custodian status and robust operational controls,” Walsh added. Read more

MetaMask and Infinex have integrated Hyperliquid, the most liquid decentralized derivatives platform, to steal market share from CEXs in the rapidly growing perps market. Decentralized crypto trading platforms MetaMask and Infinex are now offering perpetual futures through integrations with Hyperliquid, competing with their centralized counterparts in the booming crypto perps market. MetaMask’s integration with Hyperliquid went live on Wednesday, allowing users to access Hyperliquid’s decentralized perpetual swaps exchange directly through MetaMask’s wallet. MetaMask stated that the “major milestone” brings it one step closer to becoming an all-in-one, self-custodial trading platform, as it seeks to capture market share from centralized exchanges that have dominated the crypto perpetuals market. Read more

Bitcoin had more potential, as chart technicals hint at a run toward a $300,000 BTC cycle top, backed by multiple tailwinds. Key takeaways: Bitcoin onchain data shows no signs of overheating, despite reaching an all-time high of $126,000. Bitcoin cup-and-handle pattern targets $300,000, backed by multiple factors. Read more

The bigger part of the announcement is the new integration and distribution Polymarket gains via this partnership.

Bitcoin's drop triggered $641 million in liquidations, but analysts see a healthy correction with a path to $135K if ETF inflows resume.

The fund will provide up to $500,000 per team plus access to YZi Labs’ 460 million-user network and mentorship.

Ethereum co-founder Joseph Lubin said ETH-based digital asset treasuries will become a “Berkshire Hathaway-style” vehicle for the decentralized economy. Inspired by Michael Saylor’s Bitcoin playbook, Joseph Lubin says Ethereum treasury companies can provide outsized returns on yield and investment opportunities to their Bitcoin counterparts. Speaking exclusively to Cointelegraph at Token2049 in Singapore, the Ethereum co-founder unpacked his thesis for why Ether (ETH) digital asset treasuries (DATs) present superior opportunities to the Bitcoin (BTC) treasury movement popularized by Saylor’s Strategy Bitcoin play. “I’d much rather have something that potentially has more impact. It certainly is as solid as Bitcoin, and I would argue more solid because of the functionality and the organic demand for it to pay for transactions and storage,” Lubin said. Read more

The pair are accused of planning robberies that targeted holders of “significant amounts of cryptocurrency assets” from jail.

"Demand is extremely down, and the on-chain usage of PI is poor," one popular X user claimed.

AFL-CIO's opposition comes as the Senate rushes toward a year-end vote on legislation that would let banks trade crypto with FDIC backing.