SEC Proposes New Crypto Custody Rules to Expand Investor Choice
On October 1, the US Securities and Exchange Commission (SEC) issued a comprehensive regulatory proposal modernizing crypto custody. Its aim is to remove regulatory hurdles while providing transparent and compliant ways for registered investment advisers (RIAs) and regulated funds to provide crypto advisory and custodial services. Details of the SEC proposal on crypto custodianship Notably,…
UK Brings Crypto Under Full FCA Oversight for the First Time
Bitcoin Magazine UK Brings Crypto Under Full FCA Oversight for the First Time The UK’s Financial Conduct Authority has opened applications for crypto firms to become authorized, bringing the sector under full regulation for the first time. In a Wednesday announcement, the watchdog said companies can apply so that the crypto industry has “clarity and…
BTCS Prepares DeFi Business To Provide Liquidity For Tokenized Stocks
TL;DR BTCS says its Imperium DeFi unit has completed preparatory compliance steps for potential use of the SEC’s Covered Firm exemption. The company has submitted the required notice and published relevant disclosures. Imperium has not yet started providing tokenized-equity liquidity because a qualifying Tokenized Securities Venue must first become operational. BTCS is positioning its DeFi…
Near Intents Slams Door on $50M in Bitget Hack Laundering Flows
Key Takeaways Near Intents detected over $50M in laundering attempts tied to Bitget’s Sept. 24 hack. SHIELD froze $503,000 during execution, while just $166,000 passed through Near Intents. Bitget CEO Gracy Chen praised Near Intents for waiving its recovery bounty. Hackers Run Into a $50 Million Roadblock The hackers behind Bitget’s nearly $388 million security…
Australia asks OpenAI, Anthropic chiefs to Senate inquiry on rogue hack: Report
A rogue OpenAI research agent bypassed blocks on the Australian government health-data portal, accessing non-public files in June.
Why Solana Is Targeting $160 According to Multiple Market Signals
At a current price of $121.17, Solana (SOL) is up 3.55% on the day and 26.38% this last month. The rally is the result of persistent institutional endorsement and rising on-chain activity. More importantly, it has been brought on by a market-wide rotation into altcoins, with the Altcoin Season Index steadily climbing over the past…
New York Sues Polymarket, Calling Prediction Market an Illegal Gambling Operation
Bitcoin Magazine New York Sues Polymarket, Calling Prediction Market an Illegal Gambling Operation New York Attorney General Letitia James and Governor Kathy Hochul on Thursday filed a lawsuit against crypto-based prediction market Polymarket, accusing the platform of running an unlicensed gambling operation in the state. An investigation by the Attorney General’s office concluded that these…
Bybit Opens Oura Pre-IPO Perpetual Trading With Up To 25x Leverage
TL;DR Bybit has launched OURAUSDT as a pre-IPO TradFi perpetual contract. Trading began September 22 at 13:30 UTC with leverage of up to 25x. The contract tracks implied pre-IPO valuation; traders do not receive Oura shares or IPO allocations. Oura’s move toward the public markets is now being traded before the stock itself is available….
White Hats Beat Coldcard Attackers, Rescuing Millions of Dollars in Bitcoin – Bitcoin News
Key Takeaways White hats beat Coldcard attackers to 52.37 BTC and moved the funds into a recovery trust. Thorn says 40% of funds from Coldcard’s Wave 2 were swept by white hats protecting victim funds. Crypto Recovery Trust now faces the task of returning 52.37 BTC to rightful owners. The Coldcard exploit looked like a…
Saudi Arabia Withdraws from mBridge CBDC Project
Saudi Arabia has withdrawn from mBridge, a China-backed cross-border digital currency project designed to enable direct transactions between central banks, according to the Financial Times. SAMA, Saudi Arabia’s central bank, joined mBridge as a full participant in June 2024 and ended its participation after completing a proof of concept on May 13, 2025, FT reported,…
