Crypto

Bitcoin has surged to an eight-month high as a massive short squeeze accelerates the rally, putting $90,000 firmly in focus.

Rushing early into post-quantum cryptography could create risks, including bugs or scams posing as wallet upgrades.

A lawsuit accuses UK users of running six coordinated accounts to pull at least $278,000 from X's now-defunct Creator Revenue Sharing Program.

A share-triggered controller can leave slowed machines hashing through a finite window with few or no accepted shares. The post How cutting power to Bitcoin miners can actually burn more energy appeared first on CryptoSlate.

Eligible customers can request shares at the offering price, but allocations are not guaranteed.

TD Cowen expects limited demand for tokenized stocks despite new SEC rules opening a path for trading outside traditional markets.

After the latest reshuffle, SHIB is now the 34th-largest cryptocurrency.

The central bank plans to buy euro-denominated public-sector debt and settle the transactions through its new Pontes service.

Fetch.ai says its own contracts were unaffected, while shared bridge routes leave an unresolved NTX supply question. The post One wallet links $1.55 million FetchAI theft to massive 408.5 million NTX mint appeared first on CryptoSlate.

Ondo’s new in-kind conversion system allows approved institutions to mint and redeem tokenized stocks and ETFs using the underlying securities instead of cash. Ondo Finance has introduced a way for eligible institutions to convert stocks and exchange-traded funds directly into their tokenized equivalents, or redeem the tokens for the underlying shares. Under the new system, approved institutions can transfer shares from their Alpaca accounts to Ondo through an internal book transfer, with corresponding Ondo Stocks tokens then issued onchain. The process also works in reverse, allowing institutions to redeem the tokens for the underlying shares. The in-kind option adds to Ondo’s existing cash-funded model. Under that system, an institution that already holds the underlying shares must still provide separate cash to mint the corresponding tokens. Read more

Venice (VVV) has clawed back from under a dollar to a record $34, and the pitch behind it is simple: an AI chatbot that promises to forget you the moment you close the tab.

XRP whale activity surged as Binance inflows rose 663%, but reserve data point to market repositioning rather than confirmed selling. The post XRP News: Exchange Churn Surges, Binance Reserves Barely Move appeared first on Cryptonews.

The digital asset-aligned PAC joined other groups to spend more than a combined $300 million in the 2024 Ohio Senate race, resulting in Sherrod Brown’s loss to Bernie Moreno. Fairshake, the political action committee (PAC) funded largely by cryptocurrency companies Coinbase and Ripple Labs, plans to spend $30 million opposing Democrat Sherrod Brown’s bid to return to the US Senate. In a statement to Cointelegraph, Fairshake spokesperson Geoff Vetter confirmed reporting by the New York Times that the PAC initially planned to spend $30 million opposing Brown’s 2026 election bid to represent Ohio in the Senate. Vetter said that the PAC expected to announce additional expenditures before the midterm elections on Nov. 3. Fairshake spent about $41 million supporting Republican Bernie Moreno and opposing Brown in the Ohio lawmaker’s 2024 reelection bid. Brown, who had been the Senate Banking Committee chair when Democrats were in the majority, lost to Moreno by about four points in 2024 following more than $300 mill...

The HashFly browser experiment uses a digital neural model for Bitcoin hashing and projects greater efficiency from a hypothetical biological version.

After several weeks of rejection and a bear trap, Bitcoin reclaimed MA50 Weekly.

Bitcoin’s rally toward $86,000 has pushed US spot exchange-traded fund (ETF) investors back into profit after months underwater. Data from CryptoSlate showed Bitcoin gained about 6% over the past 24 hours, extending its September rebound and briefly trading near $86,000. Bloomberg Intelligence ETF analyst James Seyffart said the move put the average US Bitcoin ETF […] The post Bitcoin hits $86,000 putting ETF investors back in profit after $86 billion wipeout appeared first on CryptoSlate.

xAI says the new model is a "notable improvement" over Grok 4.6 at the same price. The benchmarks say it's still in second place.

The company is on track to reach its goal of owning 5% of ETH's supply.

Circle is bringing Bitcoin-backed borrowing to institutional clients, allowing them to tap BTC holdings for USDC liquidity without selling their Bitcoin. Stablecoin issuer Circle has launched a Bitcoin-backed borrowing service for institutional clients, allowing eligible Circle Mint customers to use BTC as collateral to borrow USDC through onchain lending markets. The service, called Digital Asset-Backed Borrowing, lets customers deposit Bitcoin, mint Circle’s wrapped Bitcoin token cirBTC and supply it as collateral to supported third-party lending markets on Arc or Ethereum. Morpho is the first lending protocol supported, with Circle planning to add Aave and other protocols. The rollout coincides with cirBTC going live on Arc on Monday. According to Circle, borrowed USDC is deposited directly into the customer’s Circle Mint balance, while borrowing rates, collateral requirements and liquidation thresholds are set by the third-party lending market. The borrowing positions are overcollateralized, with collater...

Crypto advocates argue that NFTs can deliver real digital ownership, but privacy gaps and integration hurdles have held the tech back.