SideSwap reports full L-BTC backing, while customer payouts still depend on its own Bitcoin wallet and manual refills. Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox
The proposed agreement would resolve a federal anti-money-laundering investigation, while lower Cash App trading fees halved Block's quarterly bitcoin gross profit.
Ethereum researcher Justin Drake said it is their “hope” that Ethereum will achieve its post-quantum and post-AI transition by December 2028. Ethereum Foundation researcher Justin Drake is targeting December 2028 to complete Ethereum’s post-quantum and post-AI transition, a year earlier than the foundation’s previously announced quantum-resistance deadline. Speaking at Devcon 8 in Mumbai on Tuesday, Drake outlined the accelerated timeline. “Our hope is that by December 2028 we’ll be able to wrap up the full post-quantum and post-AI transition,” Drake said, adding that developers have 24 months to deliver three additional network upgrades. The Ethereum Foundation’s September roadmap established December 2029 as its deadline for achieving quantum resistance across Ethereum’s execution, conse…
Russia’s main bourse wants back the crypto trading Russians do abroad, and one of the coins it's listing is issued by a company that freezes wallets on the U.S. sanctions list.
The dominance of Republicans in all three government branches has been broken by the midterms, and the industry will feel the result as Congress changes hands.
The shift in Senate control could change the path for the CLARITY Act, reshape committee leadership and bring closer scrutiny of Trump’s crypto businesses. Democrats have won control of the US Senate after flipping Republican-held seats in Texas, Ohio, North Carolina, South Carolina, Kansas and Iowa, according to the Associated Press. The majority was secured after Democrat Senator Josh Turek won the Senate race for Iowa, bringing Democrats and independents who caucus with them to 51 seats. The result reshapes the outlook for the stalled CLARITY Act and determines which lawmakers lead committees overseeing the industry.
The French bank has not confirmed its alleged involvement in the crypto theft, which ZachXBT said could have resulted in losses exceeding $133 million. Onchain investigator ZachXBT has identified French banking group Crédit Mutuel Arkéa as the alleged victim of a crypto theft exceeding $133 million, warning that total losses could be higher. On Wednesday, the pseudonymous crypto sleuth said the institution, which he described as having $235 billion in assets, was allegedly exploited over multiple days. He also suggested that additional losses may have occurred through over-the-counter (OTC) transactions that were not included in earlier estimates. “I suspect the amount stolen is larger when accounting for OTC activity,” ZachXBT said.
Justin Sun accused the President Donald Trump-backed crypto firm World Liberty Financial of concealing UAE citizenship to escape his federal lawsuit. The Tron founder said on Nov. 3 that his lawyers had requested sanctions against World Liberty Financial and its attorneys after the company disclosed foreign ownership connections months into litigation over his $45 million… Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox
Binance said it thwarted 57 suspected North Korea-linked cyber threats in 2026, yet a fake interview compromised one of its engineers. The disclosure, in the exchange's Nov. 3 security report, reveals how attackers used a recruitment scam involving staged interviews, fabricated identities, and malicious software to access systems involved in the $6.34 billion cryptocurrency theft… Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox
Crypto executives expect US regulators to drive crypto policymaking regardless of the midterm election outcome. With voting underway in the US midterm elections and control of Congress at stake, Maylea Ma, deputy general counsel at 1inch, said she expects federal agencies to drive the next phase of crypto regulation. The election could reshape the path forward for the stalled CLARITY Act, but Ma said “real movement” in US digital-asset regulation over the next few years will come from the US Securities and Exchange Commission, Commodity Futures Trading Commission and Treasury, rather than Congress. Ma said those agencies were increasingly engaging with crypto projects. However, agency engagement does not provide the stability the industry had hoped to secure through legislation.
THORChain has restored trading on Bitcoin, Ethereum and several other networks following a refund bug, while three chains remain paused. THORChain’s RUNE token rose about 15% over the past 24 hours as the cross-chain swap protocol restored trading on most networks following a weekend halt triggered by an Ethereum block reorganization. THORChain (RUNE) was trading at around $0.64 on Wednesday, up approximately 15% over the previous day, according to CoinMarketCap. THORChain’s network status page showed trading and transaction signing marked “OK” on 10 of its 13 listed external networks. BNB Smart Chain, Cosmos Hub and Solana continued to show warnings for both functions.
At the November 2 close, an independent comparison narrows XRP’s Coinbase discount from 0.168% to 0.006% after converting USDT into dollars. Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox