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The chief policy officer said that the company was “proud to have supported the building of a new ballroom” in response to allegations of corruption from a US senator. Faryar Shirzad, chief policy officer at US-based cryptocurrency exchange Coinbase, has pushed back against many of the claims made by a US senator regarding ties to the Trump administration. In a Thursday X post, Shirzad responded to criticism from Connecticut Senator Chris Murphy, who claimed on social media that Coinbase was one of the cogs in US President Donald Trump’s “corruption factory” through its contributions to the political action committee (PAC) Fairshake and funding the 2025 inauguration. The senator drew a direct correlation between the funding and the US Securities and Exchange Commission (SEC) dropping an enforcement action against Coinbase, which was filed during the previous administration. Read more
The chief policy officer said that the company was “proud to have supported the building of a new ballroom” in response to allegations of corruption from a US senator. Faryar Shirzad, chief policy officer at US-based cryptocurrency exchange Coinbase, has pushed back against many of the claims made by a US senator regarding ties to the Trump administration. In a Thursday X post, Shirzad responded to criticism from Connecticut Senator Chris Murphy, who claimed on social media that Coinbase was one of the cogs in US President Donald Trump’s “corruption factory” through its contributions to the political action committee (PAC) Fairshake and funding the 2025 inauguration. The senator drew a direct correlation between the funding and the US Securities and Exchange Commission (SEC) dropping an enforcement action against Coinbase, which was filed during the previous administration. Read more
This month saw the first “Uptober” in seven years to finish with Bitcoin in the red. Meanwhile, BNB takes off thanks to memecoins. Bitcoin (BTC) is about to disappoint investors, as it’s on the verge of ending October, a historically good month, in the red. Meanwhile, BNB Chain has seen record activity as token prices jumped at the beginning of October. In the EU, the territory is still shifting as countries decide whether to support the “Chat Control” proposal, with nine opposing it outright. Concern over the lack of support saw lawmakers in Brussels delay their decision on the controversial regulation until December. While the US government shutdown has ground to a halt most federal business, including decisions on crypto exchange-traded projects, crypto bills in four states moved ahead this month. Read more
This month saw the first “Uptober” in seven years to finish with Bitcoin in the red. Meanwhile, BNB takes off thanks to memecoins. Bitcoin (BTC) is about to disappoint investors, as it’s on the verge of ending October, a historically good month, in the red. Meanwhile, BNB Chain has seen record activity as token prices jumped at the beginning of October. In the EU, the territory is still shifting as countries decide whether to support the “Chat Control” proposal, with nine opposing it outright. Concern over the lack of support saw lawmakers in Brussels delay their decision on the controversial regulation until December. While the US government shutdown has ground to a halt most federal business, including decisions on crypto exchange-traded projects, crypto bills in four states moved ahead this month. Read more
Banks may soon take a softer stance on crypto as the Basel Committee prepares to revise its 2022 guidance on banks’ exposure to digital assets, according to Bloomberg. Global banks may soon take a more favorable view of cryptocurrencies as the Basel Committee on Banking Supervision (BCBS) prepares to revise its landmark guidance on crypto exposure, according to a Bloomberg report published Friday. According to Bloomberg, citing sources familiar with the matter, the Basel Committee’s 2022 guidance on banks’ treatment of crypto will be updated next year to be more favorable. This follows the issuance of previous standards in 2022, with most banks interpreting them as a signal to avoid crypto altogether. Bloomberg’s sources said the Basel Committee recently held talks about the appropriateness of the previous rules, which the United States, United Kingdom and the European Union have yet to fully implement. Read more
Banks may soon take a softer stance on crypto as the Basel Committee prepares to revise its 2022 guidance on banks’ exposure to digital assets, according to Bloomberg. Global banks may soon take a more favorable view of cryptocurrencies as the Basel Committee on Banking Supervision (BCBS) prepares to revise its landmark guidance on crypto exposure, according to a Bloomberg report published Friday. According to Bloomberg, citing sources familiar with the matter, the Basel Committee’s 2022 guidance on banks’ treatment of crypto will be updated next year to be more favorable. This follows the issuance of previous standards in 2022, with most banks interpreting them as a signal to avoid crypto altogether. Bloomberg’s sources said the Basel Committee recently held talks about the appropriateness of the previous rules, which the United States, United Kingdom and the European Union have yet to fully implement. Read more
Like early email protocols, DeFi remains complex and isolated. Bridging DeFi and TradFi through hybrid payment solutions could unlock crypto’s mainstream potential. Opinion by: Mark Jones, founder of Hana Wallet It’s often forgotten that the first emails were sent between US college professors looking to share files and work collaboratively in the early 1970s. The sending of emails between two professors initially involved using a closed system between two computers on the ARPANET that would enable messages to be sent over the File Transfer Protocol. The process was slow, complex, time-consuming and consequently didn’t gain any traction beyond Ivy League universities or government research facilities. Read more
Like early email protocols, DeFi remains complex and isolated. Bridging DeFi and TradFi through hybrid payment solutions could unlock crypto’s mainstream potential. Opinion by: Mark Jones, founder of Hana Wallet It’s often forgotten that the first emails were sent between US college professors looking to share files and work collaboratively in the early 1970s. The sending of emails between two professors initially involved using a closed system between two computers on the ARPANET that would enable messages to be sent over the File Transfer Protocol. The process was slow, complex, time-consuming and consequently didn’t gain any traction beyond Ivy League universities or government research facilities. Read more
Anticipation of Ripple’s annual event has failed to lift investor sentiment as XRP price risks dropping to $2 in the coming days or weeks. Key takeaways: XRP price dropped 7.5% this week despite the upcoming Ripple Swell event, which has historically sparked pre-conference rallies. XRP’s rounded top chart pattern projects a drop to $2.09 if support levels fail to hold. Read more
Bitcoin has become a $2 trillion asset in the 17 years since Satoshi Nakamoto published the white paper, but it faces its first red October since 2018. Update Oct. 31, 6:31 p.m. UTC: This article has been updated to include comments from Narek Gevorgyan, the founder and CEO of CoinStats. Bitcoin’s foundational document turned 17, marking the journey of the world’s first decentralized digital currency from a niche financial experiment to a $2 trillion global asset held by governments and institutions. Bitcoin creator Satoshi Nakamoto first shared the Bitcoin white paper 17 years ago today, on Oct. 31, 2008, in response to the global financial crisis. Read more
Canaan will supply 4.5 megawatts of water-cooled Bitcoin mining ASICs to a Japanese engineering firm for real-time grid balancing and energy optimization. Mining hardware producer Canaan won a contract to supply 4.5 megawatts (MW) of Bitcoin mining application-specific integrated circuits (ASICs) for a project designed to help stabilize Japan’s electric grid. According to a Thursday announcement, the company will supply an electrical engineering solutions provider Bitcoin mining ASICs with a capacity of 4.5 MW. The project will deploy Canaan’s new Avalon A1566HA-488T water-cooled mining ASICs for “real-time grid balancing and energy-efficiency optimization,” Canaan said. The mining operation will run continuously and utilize controlled overclocking and underclocking, adjusting power consumption to stabilize the regional grid load. Canaan’s proprietary control systems will dynamically adjust frequency, voltage and hashrate to match power supply and demand. Read more
Zcash defied the crypto market downturn with a 45% rally this week, making it the most valuable privacy-focused cryptocurrency, following Hayes’ call for a $10,000 price target. Some of the leading privacy coins are defying the gravity of the digital asset market, signaling growing investor demand for privacy-focused cryptocurrencies. Zcash (ZEC) surged to an over eight-year high of $388 on Friday after rising 7.6% in the last 24 hours, according to data aggregator CoinMarketCap. With a $6.2 billion market capitalization at the time of writing, ZEC flipped Monero (XMR) to become the most valuable privacy-focused cryptocurrency. ZEC’s 45% weekly rise bucked the broader crypto market downturn, which continued its consolidation after a much-awaited tariff deal between the US and China failed to materialize on Thursday. Read more
Zcash’s rally faces a test as a rising wedge pattern signals a possible 30% pullback toward the $260–$270 support zone in November. Key Takeaways: ZEC’s 500% October rally is fueled by celebrity endorsements and short liquidations. A rising wedge pattern now warns of a potential 30% correction toward the $260–$270 support zone in November. Read more
The Australian Federal Police cracked a coded crypto wallet backup holding $5.9 million after a data scientist deciphered a complex numerical sequence on a phone. Australian police cracked a coded cryptocurrency wallet backup containing 9 million Australian dollars ($5.9 million). Australian Federal Police (AFP) Commissioner Krissy Barrett described the effort as “miraculous work” during a Wednesday speech, crediting a data scientist who has become known within the agency as a “crypto safe cracker.” During an investigation into a purported “well-connected alleged criminal” who stockpiled cryptocurrency by selling “a tech-type product to alleged criminals,” the AFP came across password-protected notes on his mobile phone. Upon further examination, law enforcement also identified an image containing random numbers and words, Barrett said. Read more
“Uptober” has turned into a red month for Bitcoin, with Fed rate cut hopes and easing US-China trade tensions doing little to uphold BTC prices. Key takeaways: Bitcoin is set to end October in the red, breaking a six-year “Uptober” streak. Traders are divided, with some fearing a significant correction ahead, while others still anticipate new highs in Q4. Read more
AllUnity’s euro-pegged MiCA-compliant stablecoin, EURAU, is expanding across major blockchains using Chainlink’s CCIP protocol. AllUnity’s euro-backed stablecoin, EURAU — a joint venture between Deutsche Bank and asset manager DWS — is expanding across multiple blockchains by using Chainlink’s crosschain infrastructure. According to a Thursday announcement shared with Cointelegraph, EURAU will use Chainlink’s Cross-Chain Interoperability Protocol (CCIP) to connect with Ethereum, Arbitrum, Base, Optimism, Polygon and Solana. The company said it also plans to extend the stablecoin to the Canton Network, a blockchain focused on institutional financial applications. AllUnity CEO Alexander Höptner said the CCIP will allow EURAU to “operate seamlessly across multiple blockchains,” improving its reach and usability. Chainlink Labs’ president of banking and capital markets, Fernando Vazquez, added that the integration lays the groundwork for Europe’s next phase of tokenized finance. Read more
EU's ProtectEU mandates on-device scanning before encryption, creating a two-tier security system where states encrypt while citizens are surveilled. Digital feudalism codified. Opinion by: Bill Laboon, vice president of Ecosystem at the Web3 Foundation Sam Altman, CEO of OpenAI, recently showed a moment of humanity in a tech world that often promises too much, too fast. He urged users not to share anything with ChatGPT that they wouldn’t want a human to see. The Department of Homeland Security in the United States has already started to take notice. His caution strikes at a more profound truth that underpins our entire digital world. In a realm where we can no longer be certain whether we’re dealing with a person, it is clear that software is often the agent communicating, not people. This growing uncertainty is more than just a technical challenge. It strikes at the very foundation of trust that holds society together. Read more
Spot Ether ETF inflows have surpassed Bitcoin ETFs during the third quarter of 2025, signaling dormant appetite for regulated altcoin investments. Institutional investors may turn their attention to altcoins as the next wave of cryptocurrency exchange-traded funds (ETFs) arrives in the United States, according to market analysts. The US Securities and Exchange Commission (SEC) received at least five new altcoin ETF filings during the first half of October, despite the ongoing US government shutdown stalling progress. Each approval could “open the door for the next wave of institutional buying,” said Leon Waidmann, head of research at Web3 analytics firm Onchain. Read more
Bitwise’s Matt Hougan said Solana has good odds of winning a larger share of the stablecoin and tokenization market. Bitwise chief investment officer Matt Hougan says his bullish outlook on layer-1 blockchain Solana stems from two main factors that set it apart from competitors like Ethereum. “I love investments that give me two ways to win,” Hougan said in an X post on Thursday, explaining that Solana (SOL) is making a “bet” the stablecoin and tokenization infrastructure market will grow, and that it will “win an increasing share of that market,” which “seem like good bets to me.” “I think people dramatically underestimate how much and how quickly these technologies will remake markets. It’s easy for me to imagine this market growing by 10x or more,” Hougan added. Read more
A trademark filing by Western Union for “WUUSD” suggests the company is looking into building crypto wallet, crypto trading and even crypto lending services. Major financial services company Western Union has filed for a trademark covering multiple crypto services just a day after sharing it would launch a stablecoin system on Solana early next year. Western Union Holdings, Inc. filed with the US Patent and Trademark Office to trademark “WUUSD” on Wednesday, covering a range of crypto services related to stablecoins. The filing notes that the agency has accepted it, but it has yet to be assigned to an examiner. The filing states that the WUUSD trademark could be used for a crypto wallet, crypto trading and stablecoin payment processing, among other things. Read more8850 items