China’s P2P Stablecoin Wallets Surge 43x, Korea’s $450B Crypto Economy: Asia Express
China P2P stablecoin wallets grew 43x despite crypto restrictions: Chainalysis The number of unique wallets sending peer-to-peer (P2P) stablecoin transactions in China grew 43-fold between the first quarter of 2024 and the second quarter of 2026, according to Chainalysis. The blockchain analytics company recorded $104.1 billion across 18.1 million transfers involving China’s self-custodied stablecoin holdings…
Bitcoin Price Faces $75K Risk as Trader Cost Basis Sets Key Test
The Bitcoin price is sitting at a decision point, with one analyst warning that a liquidity sweep around $87,000 could precede a deeper move toward $75,000. The proposed path is blunt, $85K, then $75K, $70K, and eventually a confirmation toward $100K. That’s a forecast by the analyst, which is not a guarantee. The more useful…
Coinbase’s Ryan VanGrack: CFTC Approval “Opens Many Doors” for Bitcoin
Bitcoin Magazine Coinbase’s Ryan VanGrack: CFTC Approval “Opens Many Doors” for Bitcoin The SEC’s proposed custody rules could make it easier for investment advisors to help clients own Bitcoin directly. Coinbase’s Ryan VanGrack explains why institutional capital tends to flow where there are clearer rules, and why he sees direct ownership and ETFs as “both…
Polymath And CineCity Explore Regulated Tokenized Film Investment Platform
TL;DR Polymath and Chicago-based CineCity Studios are exploring a platform for financing independent film through regulated digital securities. Polymath would provide issuance, investor onboarding, compliance and lifecycle infrastructure, while CineCity contributes production-industry access. The platform is being explored; it is not yet a launched investment marketplace. Real-world asset tokenization is moving into a category that…
NEAR Intents recovers entire stolen $3.8M after ultimatum to exploiter
The exploiter returned the entire sum to NEAR Intents after being identified and given 48 hours to respond.
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.