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Follow crypto and Web3 coverage across digital assets, networks and the organizations building them. This feed brings publisher excerpts together so you can compare reporting, find the original source and follow developments without relying on a single stream of headlines.

Separate protocol changes and documented announcements from price commentary or promotion. Repeated versions of one announcement are not independent confirmation; follow the evidence back to its source.

CoinDCX’s $16 million loss revives uncomfortable memories of FTX and Celsius

CoinDCX confirmed a loss of roughly $16 million USDT three days after its CEO, Sumit Gupta, disputed reports of a new wallet breach, calling them a false alarm. It had acknowledged unspecified operational losses from a failed sweeping process on the afternoon of Oct. 22, so the reversal came in two steps, and the full… Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox

Read at CryptoSlate

Zcash co-founder calls to stop funding ‘over $125M’ grants program

Sean Bowe says ZCG has enough money to keep funding projects and wants its share of new ZEC redirected to a reserve for the network. Zcash co-founder Sean Bowe proposed ending the automatic funding stream to Zcash Community Grants (ZCG), saying its treasury was large enough to continue funding projects without further automatic payments. “ZCG has over $125M in funding, and will receive millions more before the spigot is turned off,” Bowe said Tuesday on X. “The program was never designed to handle this amount of funding.” Bowe shared a draft GitHub proposal that would redirect ZCG’s 8% share of the Zcash (ZEC) block subsidy to the network’s sustainability reserve, while leaving its existing funds untouched.

Read at Cointelegraph.com

Bloom bot hackers loot $953K faster than you can microwave popcorn

Bloom pledged to reimburse nine traders after $953,000 was drained from 48 wallets, saying no private keys were accessed or compromised. Hackers stole nearly $1 million from wallets linked to Telegram trading bot Bloom in under two minutes, according to blockchain analytics company Bitquery. The attack drained $953,000 in 94 seconds from 48 cryptocurrency wallets belonging to nine traders who had used the bot, Bitquery reported Monday. Bitquery said each drain was a Solana (SOL) transfer signed with the affected wallet’s private key.

Read at Cointelegraph.com

Binance files for Brazil crypto license ahead of Friday deadline

The exchange is delisting 22 crypto assets for Brazilian users and hopes talks with the central bank will allow it to restore some services. Binance has applied for a cryptocurrency service provider license in Brazil, seeking to maintain its operations in one of Latin America’s largest crypto markets ahead of a regulatory deadline on Friday, Oct. 30. The exchange submitted its application to the Central Bank of Brazil on Friday, Oct. 23, through its local entity, BBrasil, according to a statement shared with Cointelegraph. The company said the filing would allow Brazilian users to continue accessing crypto assets, stablecoin trading, payments and investment services.

Read at Cointelegraph.com

Bitcoin ETFs claw back $110M after $774M exit

US spot Bitcoin ETFs remained in the red for October, with about $202 million in net outflows for the month despite Monday’s rebound. US-listed spot Bitcoin exchange-traded funds (ETFs) returned to net inflows on Monday despite weakening market sentiment and continued volatility in BTC price. The funds attracted $110 million in net inflows on Monday, bouncing back from $774 million in withdrawals over the previous two trading sessions, according to SoSoValue. Despite the rebound, October remained negative, with approximately $202 million in net outflows through Monday.

Read at Cointelegraph.com

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