Crypto Live News
Abstract to Shut Down Layer-2 Network as Users Face Dec. 15 Deadline
Abstract will shut down its layer-2 network on Dec. 15, 2026, ending a project that struggled to maintain growth as competition increased. In a post on X, Abstract said users...
Aptos Tests MonoMove Upgrade With Smart Contract Execution Up to 55x Faster
Aptos Labs has introduced MonoMove, a proposed execution engine designed to significantly improve smart contract performance across the Aptos blockchain. Internal testing showed major speed improvements across several workloads, although...
Solana CEO Says China Crypto Reopening Could Spark Next Supercycle
China could help drive the next major crypto rally if its government eases concerns over financial risks and capital controls, according to Joseph Chee, CEO of a Solana-focused company. Chee...
Conduit Sues Tether Over $2.76M USDT Frozen for More Than a Year
Conduit Technology sued Tether in a New York federal court over $2.76 million in frozen USDT. The company filed its complaint on October 5, seeking access to the funds and...
Securitize, LG CNS Partner to Expand Tokenized Finance in South Korea
Securitize and LG CNS have entered into a strategic partnership to promote the expansion of tokenized assets and digital financial infrastructure in South Korea. The two companies entered into an...
DeFi Development Authorizes CHAD Buyback as Solana Treasury Expands
DeFi Development Corp. has authorized a broad repurchase program covering its CHAD preferred stock as the company expands its Solana strategy. According to the press release, the Nasdaq-listed firm can...
Winklevoss Twins File for Spot Zcash ETF as WINK Eyes Nasdaq Listing
Tyler and Cameron Winklevoss are seeking SEC approval for a spot Zcash ETF, adding another contender to the growing market. Their firm, Winklevoss Asset Services, filed the registration statement on...
CFTC Clears Path for US Exchanges to Launch Perpetual Futures
The CFTC has granted conditional no-action relief allowing eligible U.S. exchanges to offer certain futures contracts without expiration dates. The agency issued the relief on Oct. 3 and announced it...
Fairshake Pours Millions Into 32 House Incumbents Ahead of Midterms
Fairshake is putting millions behind 32 U.S. House incumbents as the November midterm elections approach. The crypto-focused super PAC backs 19 Republicans and 13 Democrats, with six candidates set to...
ZachXBT Spent $350K to Infiltrate North Korean Crypto Launderers
Crypto investigator ZachXBT says he spent $349,700 posing as a client of a crypto laundering group linked to North Korea. He said the operation helped trace wallets handling funds stolen...
Bitmine Adds 15K ETH, Takes Treasury Past 6M Near 5% Supply Goal
Bitmine Immersion Technologies bought 15,112 ETH, pushing its Ethereum holdings above 6 million tokens. The purchase brings the company closer to its goal of holding 5% of Ethereum’s supply. Its...
FinCEN Withdraws Crypto Mixing and Self-Hosted Wallet Rules
The U.S. Treasury Department has abandoned two proposed crypto surveillance rules after years of industry opposition. FinCEN withdrew its 2023 crypto mixing proposal and a separate 2020 rule covering self-hosted...
Umia Raises $6.1 Million in Token Auction at $18 Million Valuation
Umia has raised $6.11 million through a seven-day token auction, giving the crypto launch platform an $18 million valuation. Out of the total of 49.7 million UMIA, 17.3 million were...
CFTC Proposes Federal Framework for Leveraged Retail Crypto Trading
The CFTC has opened a rulemaking process aimed at creating federal oversight for leveraged and margined retail cryptocurrency trading. The proposal could give crypto exchanges another regulatory route while strengthening...
Strive Adds 2,000 BTC in Biggest Bitcoin Buy Since June, Closing the Gap With MARA
Strive added more to its Bitcoin treasury than it had ever before, bolstering its standing with big corporate holders. The company acquired 2,000 BTC for about $169 million between September...
MALT Loses $72K After Flawed Swap Lets Attacker Tap Treasury DAI
A DeFi attacker drained about $72,000 from MALT after exploiting a flaw in the protocol’s swap function, security firm SlowMist reported. The attacker used a small amount of input to...
Lummis Says $150M FinCEN Request Entered CLARITY Act Talks Before Vote
Sen. Cynthia Lummis said Democrats’ $150 million request for FinCEN funding was included in the CLARITY Act before the Senate rejected a motion to advance the bill. In an October...
Flare, Doppler Expand XRP Access to FXRP Vaults With New Integration
Flare and Doppler are expanding XRP holders’ access to FXRP vaults through Doppler’s platform, according to posts on X on October 3. The partnership connects XRP users with Flare-based yield...
Velocity Opens DFX Claims After $295M Drift Hack, Sets 1% Recovery Rate
Velocity, formerly known as Drift, has opened claims for users affected by the $295.4 million theft from its Solana-based exchange in April. Users can claim one DFX token for each...
Anchorage Digital Cuts 17% of Staff Despite $4.2B Valuation and Tether Backing
Anchorage Digital is cutting about 17% of its workforce as weaker crypto market conditions put pressure on the company’s operations, according to reports. CEO Nathan McCauley told employees about the...
Trump’s Expected AI Czar Pick Jay Clayton Revives SEC Crypto Record
President Donald Trump is expected to name Director of National Intelligence Jay Clayton as his artificial intelligence czar, adding another role to his government portfolio. Clayton is expected to retain...
Chainalysis Links $387M Bitget Hack to DPRK-Linked Actors After 23 Transfers
Chainalysis has linked the $387 million Bitget hack to DPRK-linked actors after attackers moved funds across four blockchains. The firm said transfers began after the exploit and involved 23 transactions...
TRUMP Coin Club Sets November Gala With Holder-Based VIP Rewards
Fight Fight Fight LLC, the company behind the TRUMP Coin Club, has announced another gala for top token holders. The event will take place at Trump National in Washington, D.C.,...
Ethereum Developers Pull EIP-8363 From Hegota Upgrade
Ethereum developers have removed EIP-8363 from the upcoming Hegota upgrade after industry feedback raised broader questions. The proposal would gradually burn more validator rewards as Ethereum’s staking participation increases. Jérôme...
Evernorth Clears Key Hurdle for Nasdaq Debut With $1 Billion XRP Treasury Deal
Evernorth has cleared a major hurdle toward its Nasdaq debut after Armada Acquisition Corp. II shareholders approved their business combination. The transaction will create a publicly traded company focused on...
