Dormant Whale Transfers 3,000 ETH to a CEX After 9.5 Years, Marking 128-Fold Appreciation
A wallet that withdrew 3,000 ETH from a centralized exchange (CEX) in 2017 transferred the funds to another CEX after remaining dormant for about 9.5 years. According to BlockBeats On-chain Detection, the transfer was observed about 10 minutes before the report on October 22. The ETH had appreciated approximately 128-fold since the withdrawal.
Claude AI Cracks Satoshi’s 17-Year Bitcoin Mystery
Developer T4T5 used Anthropic’s Claude Opus 5.5 to recreate Satoshi Nakamoto’s Bitcoin Windows executable, matching the preserved file’s SHA-256 hash and every byte. The file, commonly called Bitcoin 0.1.0, was actually version 0.1.1, compiled on January 10, 2009, at 23:16 UTC using Windows XP and MinGW GCC 3.4.5, according to BeInCrypto. No verified copy of the January 8 launch-day executable is known to survive; the reconstruction provides a reproducible record of how the early software was built.
US MARKET CLOSE | Nasdaq Plunges 2.6% as AI Capex Concerns Trigger Tech Selloff; Oil Surges on Iran Tensions
US stocks closed mixed on Thursday, with the Nasdaq falling 2.6% for its largest single-day decline since June 23, while the S&P 500 dropped 1.2%, its biggest drop since July 29. The Dow Jones Industrial Average edged up about 10 points. Renewed concerns over massive capital spending and financing risks at artificial intelligence companies drove a broad tech selloff, according to Sina Finance. Meta shares tumbled 8% despite the company third-quarter revenue exceeding market expectations and issuing optimistic guidance, as its hefty AI capital spending alarmed investors. AMD fell more than 8%, Micron Technology dropped 6%, and Nvidia declined 4%. Cloud computing provider CoreWeave plunged over 10% after its bond yields and credit default swap prices remained elevated, reflecting market concerns about its debt risks. Nvidia CEO Jensen Huang said Thursday that demand for new cloud computing providers was "incredibly hot" but a shortage of capital was constraining industry growth. Wells Fargo traders noted in a report that Huang remarks on capital shortages unsettled the market, reigniting investor concerns about the credit market risk appetite. Meanwhile, Meta indicated that its AI business still requires substantial capital investment, putting pressure on its shares and dragging the broader market. JPMorgan traders said Wednesday market optimism reversed in overnight trading, driven by Meta pre-market weakness and growing discussion about a potential renewed military strike against Iran after the US midterm elections. The firm also noted that investor confidence in AI financing prospects remains fragile following the recent tech correction. Separately, Middle East geopolitical risks escalated further. Sources said the US and Israel plan to launch another military strike against Iran after the US midterm elections next month. US President Trump told reporters Wednesday evening that Washington is not currently negotiating with Tehran, adding "something will happen soon." Oil prices surged on the news. Brent crude futures rose 4% to close at $113.17 per barrel, while US WTI futures gained 2.39% to close at $99.47 per barrel. Safe-haven sentiment lifted US Treasury prices and pushed yields lower. The 10-year Treasury yield fell more than 18 basis points to 4.965%, its lowest in nearly a month, while the 2-year yield dropped over 17 basis points to 4.65%.
Interpol's Africa Operation Arrests 1,462, Recovers More Than $105 Million
Interpol’s Operation Serengeti III, coordinated across 21 countries from June 29 to August 31, 2026, arrested 1,462 suspects, dismantled 10,909 malicious networks and recovered more than $105 million in illicit funds. According to ChainCatcher, investigators identified 65,929 victims and linked financial investigations to losses exceeding $385 million. In Angola, authorities dismantled two illegal cryptocurrency mining centers and arrested nine suspects, seizing more than 2,000 mining devices and six illegal power substations. The seized power infrastructure alone was valued at more than $1 million. In Nigeria, authorities arrested a suspect linked to large-scale phishing and business email compromise schemes that collected about 2.1 million email addresses and software credentials. A separate investigation uncovered an international investment scam promoted through messaging apps that moved more than $2.4 million in suspected criminal proceeds, most of which was laundered through cryptocurrency transactions. Interpol cybercrime director Neal Jetton said criminal networks exploit technology to target victims across borders and at unprecedented scale. He said the operation demonstrated that international cooperation remains an effective tool for dismantling criminal networks, recovering illicit assets and protecting communities.
Swedish Central Bank Urges E-Krona Review Amid Stablecoin and Digital Euro Concerns
Sweden’s central bank is urging lawmakers to reassess whether to issue an e-krona, citing the potential for foreign-currency stablecoins and a digital euro to put long-term pressure on the krona’s role in payments. According to ChainCatcher, Deputy Governor Per Jansson said that if cash becomes more digital while the krona lacks a convenient digital form, it could struggle to compete with digital payment tools usable across borders. The bank has not decided whether to formally issue an e-krona, but wants legislative preparations to begin early because the necessary institutional and technical work is expected to take at least five years.
Gold Falls Below $4,000 for the First Time Since July: What’s Next?
Gold fell below $4,000 an ounce on Friday for the first time since July, reaching $3,986.85. The breach challenged Morgan Stanley analyst Amy Gower’s earlier call that $4,000 was a floor, according to BeInCrypto; Global X ETFs’ Justin Lin sees $3,900 as the next test, while Bank of America has flagged a possible $3,750 low. Gold traded at $4,002 at press time, down 7.4% from its January 1 level. Lin described the selloff as liquidity-driven and said lower-rate expectations could support a rebound. The Fed meets October 27 and 28.
Ethereum(ETH) Surpasses 2,400 USDT with a Narrowed 0.21% Decrease in 24 Hours
On Oct 23, 2026, 09:53 AM(UTC). According to Binance Market Data, Ethereum has crossed the 2,400 USDT benchmark and is now trading at 2,400.100098 USDT, with a narrowed narrowed 0.21% decrease in 24 hours.
Cardano Holders Asked to Bet $5 Million on Copper Hitting a New Record
Cardano holders are being asked to approve Toto Finance’s request for 22 million ADA, or about $5 million, to buy and tokenize copper in a bet that the metal will reach a new record. Voting closes Nov. 15, according to CoinDesk. If the full budget is spent and ADA’s dollar price remains unchanged, copper would need to rise about 49.4%—from an assumed $6.73 to roughly $10.06 per pound—for the treasury to break even. The plan would use just over half of Cardano’s remaining withdrawal allowance; Toto could receive up to 3.36 million ADA and retain commercial rights to its separately funded CuTT business.
Bitcoin Hashrate Reaches Seven-Month High as AI Shift Fails to Ease Mining Competition
Bitcoin’s network hashrate has climbed to a seven-month high, even as major publicly traded miners redirect computing capacity toward artificial intelligence, indicating that other operators may be replacing the lost power and keeping competition intense. According to Cointelegraph, BlocksBridge Consulting’s latest Miner Weekly newsletter said the seven-day average hashrate had recovered above 1 zettahash per second, or 1,000 exahashes per second, its highest level since March 3. Hashrate measures the computing power used to secure the Bitcoin network. The recovery suggests miners still operating on the network have gained little relief from competition amid the industry’s transition to AI workloads. Bitcoin mining difficulty rose 5.92% on Oct. 16, and BlocksBridge projected a further 5.16% increase at the next adjustment. If that estimate holds, difficulty will have risen roughly 11.4% over two consecutive adjustments. The consultancy said the AI migration has not provided the breathing room remaining Bitcoin miners might have expected. BlocksBridge previously reported that publicly traded miners’ realized hashrate declined 23%, while their reported revenue from AI and high-performance computing rose 52% quarter over quarter. It estimated the displaced mining capacity represented roughly $1.5 billion in hardware. Some of that capacity may be returning to the Bitcoin network as smaller and mid-sized miners buy equipment from larger operators. BlocksBridge cited Sazmining, which advertises secondhand Antminer S21 XP machines that buyers can deploy through hosting facilities in Paraguay and Texas. For miners with access to cheaper electricity, used machines may be more economical than new equipment, allowing hardware displaced by AI conversions to continue mining Bitcoin elsewhere. However, it remains unclear how much of the equipment for sale came from publicly traded miners or how much has returned to the network. The hashrate recovery also comes as some industry observers describe rising computing power as an indirect bullish signal, reflecting continued institutional investment in publicly traded mining companies. CryptoQuant founder and CEO Ki Young Ju recently made that case on X, saying higher hashrate means stronger security and better fundamentals for Bitcoin as a store of value.
Dogecoin Labs Seeks to Build Economy Behind DOGE's $1 Goal
Dogecoin Labs launched on October 21 in partnership with the Dogecoin Foundation, bringing the MyDoge wallet, DogeOS app layer and Such App payments tool under CEO Jordan Jefferson. The company aims to build the economy needed to support the community’s long-running DOGE-to-$1 goal, according to BeInCrypto. The Foundation will retain its open-source development, advocacy and community work, while Nasdaq-listed House of Doge will move some product, engineering and commercial operations to Labs in exchange for an undisclosed equity stake.
Malaysia and Thailand Join Singapore’s Cross-Border Stablecoin Initiative
Bank Negara Malaysia and the Bank of Thailand have joined Singapore’s BLOOM initiative as policymaker members, expanding regional participation in efforts to support cross-border stablecoin use. According to Cointelegraph, BLOOM stands for Borderless, Liquid, Open, Online, Multi-currency and is a public-private initiative designed to help financial institutions use stablecoins and tokenized deposits for cross-border payments. The Monetary Authority of Singapore (MAS) says the initiative aims to reduce costs and help institutions bring services to market faster by limiting the need to establish arrangements with each counterparty or market. MAS launched BLOOM in October 2025, building on Project Orchid, which began in 2021 to explore potential uses for a digital Singapore dollar. BLOOM’s work also includes corporate cash management, trade finance and payments made by AI agents within predefined limits. Its participants include Airwallex, Mastercard, Ripple, Visa and the World Bank Group. Separately, Bank Negara Malaysia announced in February that three initiatives would test ringgit stablecoins and tokenized deposits for domestic and cross-border wholesale payments in 2026.
Tom Lee Says Market Is in Sell-Off; Analyst Sees Tech Stocks at Support
BitMine Chairman Tom Lee said in an Oct. 23 CNBC interview that markets are in a sell-off, with technology and semiconductor stocks under heavy pressure while defensive sectors gained. According to ChainCatcher, Lee said sentiment is overly pessimistic, while his technical analyst Mark Newton believes technology stocks have largely reached support.
DFINITY Founder Dominic Williams Accuses NEAR Intents of Using Proprietary Cryptography
DFINITY founder Dominic Williams has accused NEAR Intents of using DFINITY’s proprietary cryptographic technology. According to Foresight News, Williams said his investigation found that a key component of NEAR Intents uses ECDSA additive key derivation and presigning algorithms described in a DFINITY paper published in 2022. Williams said the algorithms were developed by DFINITY for integrating the Internet Computer with Ethereum. They allow multiple computers to generate a public key and sign transactions without any single node holding the full private key, he said. Williams also alleged that NEAR hired a person dismissed by DFINITY in the summer of 2021 to lead related work and deployed the algorithms across about eight servers. Williams said NEAR’s Chain Abstraction and Intents features rely on the technology for cross-chain asset custody and swaps. He alleged that the system is not truly decentralized and carries a backdoor risk. He also said NEAR recently attempted on GitHub to downgrade the algorithm to a slower version. Williams said Confidential Key Derivation, released in 2025, has principles similar to DFINITY’s vetKeys technology from 2023. He said DFINITY’s work is licensed only for use with the Internet Computer, arguing that NEAR’s use raises legal issues, and added that the technology could have been shared through fair cooperation if the parties had negotiated in advance.
a16z Crypto General Partner Ali Yahya to Leave and Start a Company
a16z Crypto general partner Ali Yahya said on Oct. 23 that he will leave the firm and start a company. According to PANews, Yahya said the venture is at an early stage and that his current focus is building infrastructure for an “open software ecosystem.” a16z Crypto was previously renamed a16z Frontier, with its investment scope expanded to include frontier startups.
Bitcoin(BTC) Surpasses 82,000 USDT with a Narrowed 1.01% Decrease in 24 Hours
On Oct 23, 2026, 03:53 AM(UTC). According to Binance Market Data, Bitcoin has crossed the 82,000 USDT benchmark and is now trading at 82,018.007813 USDT, with a narrowed narrowed 1.01% decrease in 24 hours.
Chainlink Reserve Adds 88,400 LINK on October 22, Holdings Valued at $76.14 Million
Chainlink Reserve bought and received 88,400 LINK on October 22, valued at $1.06 million. According to Odaily, citing Onchain Lens, the reserve added 422,900 LINK over the past 30 days, bringing its total receipts to 6.38 million LINK, valued at $71.83 million; it currently holds 6.38 million LINK worth $76.14 million.
Starknet Community Backs Study of Independent Quantum-Resistant L1 Path With 93.52% Support
The Starknet Foundation said a nonbinding Snapshot vote on whether to study an independent quantum-resistant L1 path has concluded, with 93.52% of participating voting power in favor. According to Foresight News, StarkWare and the Starknet Foundation will form a joint working group and begin the research immediately, assessing technical requirements, trade-offs, and potential effects on users, developers, and the ecosystem. The group will publish its findings on the governance forum over time. The Foundation said the vote does not approve a transition of Starknet to an L1. If the research supports moving forward, a detailed proposal will be submitted for another community vote.
Bank of Korea to Require Monthly Reporting of Cross-Border Crypto Holdings From December 2
Starting December 2, the Bank of Korea will require virtual asset transfer service providers to submit monthly reports on the month-end holdings of users who have transferred crypto assets across borders since July 19, 2024, including transfers to overseas exchanges and personal wallets. According to ChainCatcher, providers must report these holdings even if users made no cross-border transfers during the month. Reports must include the amount of crypto held, its balance converted into Korean won, and the total value of cross-border inflows and outflows during the month. Dormant accounts, delisted assets, and staked assets are also covered, and reports are due by 5:30 PM on the 10th of the following month. It has not yet been determined whether providers must submit records of cross-border transfers made before the system takes effect.
Bitcoin Core Revises Security Policy as AI Makes Vulnerabilities Easier to Find
Bitcoin Core is changing its vulnerability disclosure policy, citing how large language models (LLMs) have made some software flaws easier to discover. According to Cointelegraph, developer Antoine Poinsot outlined the change in an email to the Bitcoin Development Mailing List on Thursday. Previously, vulnerabilities were generally kept under lengthy disclosure embargoes to give users time to upgrade before technical details became public. Poinsot said that maintaining secrecy often meant fixes could not be backported to older software versions, leaving users to wait for the next major release. With some flaws now easy to rediscover using AI, he said, delaying fixes provides little protection while holding back corrected software. “The embargo period achieves little but it delays the availability of a fixed release,” Poinsot said, adding that Bitcoin Core was updating its disclosure policy accordingly. Under the revised approach, vulnerabilities considered “easily discoverable” will be fixed as soon as possible across all maintained major versions, with security advisories published alongside the updates. The category includes flaws that can be found with minimal effort, such as through a simple LLM prompt. Other vulnerabilities will continue to follow disclosure timelines based on severity, from critical flaws that threaten Bitcoin’s fundamental security to lower-risk issues with limited effects on individual nodes. Bitcoin Core said low-severity vulnerabilities will be disclosed two weeks after a major version containing a fix is released. Medium- and high-severity vulnerabilities will be disclosed two weeks after the last affected release reaches its “End of Life,” typically a year after the fix is released in the new major version. Critical bugs are excluded from the standard policy because they would most likely require an ad hoc process. Luke de Wolf, host of the Bitcoin Infinity Show and author of “Defending Bitcoin,” said he had disagreed with Poinsot’s security approach in the past but considered the update a good one. The policy change comes amid increased AI-assisted security research across Bitcoin software. In August, the volunteer Bitcoin Red Team reported nearly 5,000 potential issues across 390 projects, though only around a fifth had been reproduced at that point. That month, Core Lightning developers urged operators to upgrade or take their nodes offline after receiving multiple AI-generated vulnerability reports, while withholding technical details for two weeks.
Arbitrum Foundation and Robinhood Chain Open Applications for Second Mentorship Program With $100,000 in Prizes
The Arbitrum Foundation and Robinhood Chain have opened applications for the second edition of their mentorship program, which offers a total of $100,000 in prizes. According to Foresight News, the program is for early-stage teams already building or committed to building products on Arbitrum One or Robinhood Chain, and applications close on December 6, 2026. The 12-week program is scheduled to begin on January 5, 2027, and will offer support with fundraising, product strategy, user growth, and marketing. A Demo Day is planned for March 25, 2027, with more than 50 investors expected to attend; the date may change.
40 Newly Created Addresses Withdraw 9,458 BTC From Wintermute This Month
As of October 23, 40 newly created wallets had withdrawn a total of 9,458 BTC from Wintermute since October 1. According to BlockBeats On-chain Detection, Lookonchain monitored the withdrawals.
Binance to Offer Up to $60,000 in Rewards in bStocks Trading Carnival
According to the announcement from Binance, a bStocks trading promotion featuring AAPLB and NVDAB will run from 2026-10-22 12:00 (UTC) to 2026-11-15 23:59 (UTC). Eligible new users must register during the promotion and complete identity verification. In Promotion A, eligible users who deposit at least $20 equivalent through fiat, card deposit or P2P can receive an AAPLB token voucher worth $1 to $5. The offer is limited to the first 5,000 qualifying users, with rewards distributed on a first-come, first-served basis. Users who register through affiliate or referral links or channels are excluded. Promotion B offers a prize pool of up to $50,000 worth of NVDAB to eligible new users who trade at least $50 equivalent across any bStocks pairs during the promotion. The unlocked pool depends on the number of qualifying participants, ranging from $2,000 for fewer than 2,500 participants to $50,000 for more than 30,000. Rewards will be allocated according to cumulative trading-volume rankings: the top three places receive 15%, 10% and 5% of the pool, respectively. Further shares are allocated to ranks 4–20, ranks 21–200 and remaining eligible participants. Token vouchers are scheduled for distribution to eligible users’ Rewards Hub by 2026-12-04.
Crypto Address Closes $1.1 Million SP500 Long and Opens $10.81 Million Short After $30.41 Million in Gains
A contract account linked to address 0xfc667adba8d4837586078f4fdcdc29804337ca06 has recorded approximately $30.41 million in cumulative profit. According to Odaily, the account closed a roughly $1.1 million long position in SP500 and opened a short position valued at about $10.8 million; the short position is currently worth approximately $10.81 million.
Polymarket Fires Chief Marketing Officer Matthew Modabber
Polymarket has fired Chief Marketing Officer Matthew Modabber, who had held the position since January 2024. According to ChainCatcher, citing people familiar with the matter as reported by the New York Post, the dismissal followed an internal investigation into several incidents that drew public scrutiny and investor concern. One issue involved allegations that Modabber's team created fake webpages to promote staged videos showing users making profits from fictitious trades. The Wall Street Journal reported on the matter in June, prompting an investigation by the U.S. Commodity Futures Trading Commission. The investigation is ongoing, and no violations have been established. People familiar with the matter described Modabber as a close associate of 28-year-old CEO Shayne Coplan and said his impulsive decisions as an executive contributed to public relations crises. Polymarket is finalizing Modabber's departure agreement, with both sides maintaining mutual respect during the process.
THORChain Expects V3.21.1 Next Week, XMR to Launch After Node Rotation Resumes
THORChain developer Chad Barraford said version 3.21 is nearing completion, with V3.21.1 expected next week after two additional code merge requests are merged. According to Foresight News, node rotation is paused because of issues addressed in V3.21; Monero (XMR) is expected to go live after V3.21 and V3.21.1 are adopted and rotation resumes. Substrate-based chains, Bittensor (TAO), and Dash are next on the planned integration list. THORChain also experienced an attack this week targeting a vulnerability in its IBC implementation. The attacker caused the network to register ATOM that it had not actually received. A solvency checker automatically paused operations about 20 to 30 seconds after the shortfall exceeded $500. The attack lasted around seven or eight minutes and caused about $800 in losses, which are expected to be covered by the reserve in the next version.
HSBC Begins Phased Rollout of Hong Kong Dollar Stablecoin RedCoin
Foresight News posted on X (formerly Twitter), citing the South China Morning Post, that HSBC will begin a phased rollout of its Hong Kong dollar stablecoin, HSBC RedCoin, on October 23. The stablecoin is initially available through PayMe and HSBC’s Hong Kong mobile banking app. The first phase supports peer-to-peer transfers and merchant payments. Users can activate a wallet without maintaining a minimum balance or opening an additional account. HSBC expects the service to reach all PayMe users before the weekend. HSBC plans to fully integrate RedCoin into its mobile banking app by the end of the year, allowing users to subscribe to tokenized asset products instantly. The minimum investment is HK$100.
Marinade Q3 Report: SOL Staking Rises 21.2% to 7.94 Million, Revenue Nears $1 Million
Marinade released its 2026 third-quarter report. According to Foresight News, the Solana staking protocol had 7.94 million SOL staked as of September 30, up 21.2% from the previous quarter, with growth mainly from its Native non-custodial staking product and institutional service Select. Native staking rose 47.3% to about 3.77 million SOL, Select increased 38.7% to about 1.68 million SOL, and mSOL fell 6.8% to about 2.27 million SOL. Revenue was about $1 million, up 25.9% quarter over quarter, primarily due to a 38.1% rise in settlement revenue from validator bonds. Marinade’s staking auction market (SAM) delivered yields above the Solana Staking Index (SSI) in 48 of 51 epochs during the quarter. Its average yield before Marinade fees was 5.93%, compared with 5.67% for the index. Under MIP-22, which took effect in July, Marinade allocated 10% of auction fees to buy back MNDE on the open market. It repurchased 4.2 million MNDE for 906.6 SOL during the quarter, and the first distribution opened on October 1. The report also said an attacker submitted two malicious proposals on September 25 by exploiting a vulnerability in the DAO voting process. One proposal sought to transfer DAO treasury assets. The council rejected both proposals within about six hours, and the vulnerability was fixed that evening; no funds were transferred.
Optimism Plans Native Interoperability Between Unichain and OP Mainnet, Starting With ETH Transfers
The Optimism Foundation and Unichain Foundation plan to introduce OP Stack native interoperability on mainnet, with Unichain and OP Mainnet forming the initial group of connected chains. According to Foresight News, the feature will validate cross-chain messages at the protocol level without relying on a separate third-party bridge validator set, and will initially support native ETH transfers between the two chains. Token support, application integrations, and additional chains may be added later. The plan requires technical preparations and governance approval. Upgrades 20 and 21 will establish infrastructure for interoperability but will not activate cross-chain functionality; activation details will be submitted through a separate governance proposal. The initial release will not include general ERC-20 transfers, unified balances or liquidity pools across the chains, or atomic execution of arbitrary cross-chain application flows.
Grayscale Ranks HYPE First in Tokenholder Yield and CAKE First in Adjusted Earnings Yield
Grayscale published a crypto asset valuation analysis ranking HYPE first in tokenholder yield and CAKE first in adjusted earnings yield. According to Foresight News, the tokenholder-yield top 10 are HYPE, LIT, CAKE, AERO, UNI, RAY, PENDLE, AAVE, JUP and CRV; the adjusted-earnings-yield top 10 are CAKE, LIT, HYPE, RAY, AAVE, JUP, SKY, UNI, AERO and PENDLE. Grayscale said many crypto assets can be valued based on cash flows. Tokenholder yield measures staking rewards and buybacks, minus the value of new issuance, as a share of circulating market capitalization. Adjusted earnings yield measures protocol earnings relative to circulating market capitalization, minus the circulating supply inflation rate, to account for token dilution.
UK FCA Issues First DeFi Guidance on AML and Smart Contract Compliance
The UK Financial Conduct Authority has issued its first DeFi regulatory guidance, clarifying how existing rules on anti-money laundering and smart contract use apply to regulated firms. According to ChainCatcher, decentralized exchanges accounted for 14% to 19% of global crypto spot trading volume from January through August 2026, according to figures cited in the FCA document. The FCA says regulated firms are not exempt from existing licensing requirements when they use DeFi protocols or smart contracts to provide financial services. The consultation draft does not introduce new obligations; it explains how current rules apply to on-chain activity. The guidance highlights risks involving smart contracts, cross-chain bridges and oracles, including code audits, defenses against price-feed manipulation and operational resilience if external nodes fail. It also calls for anti-money laundering controls suited to decentralized environments, customer due diligence and real-time monitoring of on-chain transactions to detect funds linked to mixers and malicious hackers. The consultation period closes on November 18, and the FCA plans to issue final guidance in the first quarter of 2027. The proposal comes as the European Union’s MiCA regulation is being implemented.
Judge Orders Trump to Sit for Deposition by Dec. 11 in BBC Defamation Lawsuit
According to CNBC, a federal judge in Miami ordered President Donald Trump to sit for a deposition by Dec. 11 in his $10 billion defamation lawsuit against the BBC. U.S. Magistrate Judge Enjoliqué Lett warned Trump's attorneys that the complaint could be dismissed if he does not comply with court orders to provide the BBC's lawyers with records relevant to the case, Politico reported. Trump's lawyers had requested a deposition between Jan. 11 and Jan. 22.
South Korean Government and Central Bank Push to Regulate Stablecoins Through Foreign Exchange Law Revision
South Korea’s government and central bank are pushing to revise the Foreign Exchange Transactions Act to bring stablecoins used as payment tools under regulatory oversight. According to Odaily, the country is also drafting a Digital Asset Basic Act that would establish a licensing system for cryptocurrency exchanges and set rules for stablecoin issuance.
dYdX Treasury SubDAO Delegates Buyback DYDX, Raising Total to About 101 Million
The dYdX Treasury SubDAO will delegate about 10.72 million DYDX acquired through buybacks, bringing its total delegated amount from about 90.04 million to approximately 101 million DYDX. According to Foresight News, the SubDAO disclosed the plan in its seventh periodic review of the staking program. The review follows Proposal 396, which reduced the number of active dYdX validators from 31 to 21 on September 17. About 8.34 million DYDX from the Treasury SubDAO remained with validators that left the active set and could not earn rewards. The review reallocates about 15.15 million DYDX in existing delegations and adds new delegations, adjusting about 25.87 million DYDX in total. Validators with a lower share of their delegation coming from the Treasury SubDAO will receive more of the new allocation. Allocations will be reduced for validators that recently abstained from or did not vote on governance proposals. The delegations to Interstellar, Luganodes, Silk Nodes, Citadel.one, and DELIGHT will be fully withdrawn.
Paranoid Developer Proposes Heterogeneous Recursion and Authenticated Libraries for EIP-8288
Paranoid developer Ignotus Nemo proposed a recursive aggregation approach for EIP-8288 on the Ethereum Research forum. According to Foresight News, the proposal recommends supporting multiple approved proof sizes so smaller aggregations can use smaller proofs. Ignotus Nemo has implemented heterogeneous recursion in the Paranoid system, which runs both large and small state transition proofs on the public mainnet. The approach uses a finite library of authenticated verifier classes, with a separate accumulator channel for each class to handle cross-class deferred verification and ensure matrix claims remain valid during recursive steps. The proposal also examines how to merge subclasses and manage dependencies when applying the mechanism to EIP-8288, as well as semantic compatibility between program identities and verifier classes. Vitalik Buterin and Thomas Coratger proposed EIP-8288 in June 2026. The proposal addresses the large size of post-quantum signatures and STARK proofs, along with the high cost of verifying them onchain.
Winklevoss Brothers' and Barry Silbert-Backed Miners Each Account for About 20% of Zcash Hash Rate
Mining firms backed by the Winklevoss brothers and Digital Currency Group (DCG) founder Barry Silbert each account for about 20% of Zcash’s network hash rate, according to Bloomberg. According to Foresight News, Cypherpunk Technologies currently represents about 20% of the network’s hash rate, while Fortitude Mining says it expects to reach that share after its latest deployment. The firms are among the largest ZEC miners and plan to spend tens of millions of dollars to expand their computing capacity. Grayscale, a DCG affiliate, launched the first Zcash ETF in the United States in August, while the Winklevoss brothers filed an application for a Zcash ETF this month. The involvement of both groups has drawn attention to the concentration of Zcash mining hash rate and token holdings.
U.S. Spot SOL ETFs Record $585,300 in Net Inflows on October 21, 2026
U.S. spot SOL ETFs recorded total net inflows of $585,300 on October 21, 2026 (U.S. Eastern Time). According to ChainCatcher, Rootdata data showed that Morgan Stanley's MSOL was the only ETF with net flows that day, taking in $585,300. By the end of the trading day, MSOL's cumulative net inflows had reached $43.1 million, while cumulative net inflows for all U.S. spot SOL ETFs totaled $1.55 billion.
STOCKS | SK Hynix and Samsung Electronics Fall Before Open, Putting Asian Shares to the Test Friday
SK Hynix and Samsung Electronics fell in premarket trading in South Korea, signaling a tough test for Asian shares on Friday. According to Sina Finance, this added to expectations of further declines in Asian stocks, particularly if SK Hynix fails to benefit from canceling its subsidiary’s planned IPO, which had appeared to deter investors. The Philadelphia Semiconductor Index (SOX) fell more than 6% overnight, while Meta’s credit risk deteriorated, pointing to a sharp reversal in investor sentiment and an end to the blind optimism earlier this year that AI would continue to drive spending and profits.
Exchanges Press CFTC to Reject Kalshi’s Perpetual Oil Futures Proposal
Commodity exchanges are urging US regulators to withhold approval of Kalshi Inc.’s proposed perpetual oil futures contract and close a loophole that gives retail traders access to offshore platforms, according to Bloomberg.
Dragonfly Capital Transfers 30,000 HYPE to FalconX, Potentially for Sale
Dragonfly Capital transferred 30,000 HYPE to FalconX this morning, potentially for an over-the-counter sale. According to BlockBeats On-chain Detection, TradingBeats monitored the transfer on October 23. A month earlier, the same address transferred 41,400 HYPE to FalconX. It currently holds 296,100 HYPE.
Aave V4 Launches First External Curated Markets for Stablecoin Borrowing
Aave has launched its first externally curated markets for Aave V4, with strategies developed by SentoraHQ. According to Odaily, users can borrow RLUSD, PYUSD, and OUSD stablecoins against yield-bearing and blue-chip assets across three new markets on Ethereum.