White House Crypto Adviser’s Company Financially Benefitted from GENIUS Act: WSJ
Bo Hines, previously a crypto adviser to US President Donald Trump who later joined stablecoin issuer Tether, reportedly kept a stake in a company that profited from the passage of a stablecoin bill when he was still at the White…
Qubic Halts Blockchain After $1.4M Wallet Theft
Layer-1 blockchain network Qubic halted operations Sunday after an attacker reportedly exploited weakly generated wallet seeds to drain approximately $1.4 million from more than 1,400 accounts, according to the project. In a statement on X,…
Justin Sun Reveals Why He Sold 90% of His ETH Near $4,000 and Pivoted to Nvidia
TLDR:
Justin Sun sold 80%–90% of his Ethereum near $3,600–$4,000 after identifying a fragile double-top pattern.
He has not repurchased the Ethereum sold, although he retained a smaller core position and kept Bitcoin.…
Solana Abruptly Postpones Shanghai Event as Registrations Quadruple
Key TakeawaysSolana’s Accelerate event in Shanghai was abruptly postponed after venue capacity was overwhelmed.Police reportedly blocked access, raising concerns that China is enforcing its strict anti-crypto laws.Publicity and high turnout…
Australia Draft Bill to Adopt OECD Crypto Tax Reporting Framework
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Canton Enters South Korea as Meritz Eyes Tokenized Finance Deals
Key TakeawaysCanton Foundation and Meritz Securities signed an MoU on Oct. 15 to explore tokenization in Korea.Meritz Securities will examine tokenized debt, institutional collateral and cross-border liquidity.Canton Network’s ecosystem…
OpenAI Model Spent Testnet ETH Without Authorization
An internal research model at OpenAI accessed a funded crypto wallet without authorization, using testnet Ether to deploy smart contracts on the Sepolia network and later omitting the spending from its final task summary. OpenAI said the…
Solana Apps Generate $193M in 30 Days Amid Real-World Assets Surge
Key TakeawaysSolana apps generated $193.1M in 30 days, nearly 2x Hyperliquid’s $86.5M.RWAs grew 600% from $700M to $4.37B in the last year, showing growth beyond meme coins.The next phase depends on whether RWA and lending growth can make…
Jupiter tests $0.29 demand zone as Solana DEX token mirrors Bitcoin’s pullback
Jupiter’s new trading product, YOLO, recorded over $1 billion in volume after its 15h October beta launch. Jupiter’s trading product on Solana offers 1,000x leverage on SOL, BTC, and ETH, and allows trading with as little as $10 to…
Crypto-Aligned PACs Pour $52M into Opposing Sherrod Brown in Ohio
Affiliates of the Fairshake political action committee (PAC), largely funded by Coinbase and Ripple Labs, have increased their initially announced expenditures by more than 50% in what could be a key race for control of Congress in…