US spot Bitcoin ETFs drew $1.08 billion over three trading sessions to push October flows back above water. US spot Bitcoin exchange-traded funds (ETFs) attracted $528 million in net inflows on Wednesday as Bitcoin briefly surged above $84,700 before retreating. The funds extended their inflow streak to three sessions, adding $23 million on Tuesday and …
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The British Virgin Islands, Road Town, October 2026 — Probly, an on-chain prediction market for sports, politics, crypto, finance, and global events, has concluded its participation as a Gold Sponsor of TOKEN2049 Singapore and co-host of the WHALE3RA Afterparty alongside BloFin, TxFlow, and other ecosystem partners. Across TOKEN2049 week, Probly connected with traders, builders, …
Banking advocacy organizations are pushing back against the OCC’s finalized rules on a stablecoin law, arguing against changes to provisions on yield. A lobbying group for US banks has weighed in on the Office of the Comptroller of the Currency’s (OCC’s) recently finalized rules on payment stablecoin issuance and custody, arguing that the regulator’s interpretation …
Continue reading “American Bankers Association: OCC’s GENIUS rules ‘undermine’ US Congress”
Government websites and online services were disrupted after concerns about a PHP bug that could allow attackers to take control of vulnerable servers. The PHP Foundation has acknowledged that indecision and a shortage of resources delayed a fix for a critical security flaw first identified in 2024, calling the stalled response a “structural failure.” Government …
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The investment will support Peso’s expansion across four Latin American markets, where it connects stablecoin payments to merchant services and local banking networks. Tether has led a pre-seed funding round in Bolivian fintech Peso, which offers USDT payments through food delivery apps and local banking networks, to support the company’s expansion across Latin America. In …
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The US President detailed many schemes defrauding Americans, but referred only to “cybercurrency“ related to scams. US President Donald Trump hosted a roundtable at the White House on cybercrime, even as he and members of his administration face scrutiny from lawmakers and voters over accusations that they used their positions to enrich themselves with digital …
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A federal court has given final approval to a $210 million settlement resolving investor claims that Estée Lauder (EL) overstated its growth prospects amid a Chinese crackdown on a key resale market. The deal settles securities fraud claims against the beauty giant, former CEO Fabrizio Freda and former CFO Tracey Travis over forecasts issued as …
A lottery scam that pulled $3.4 million from 28 victims across the U.S. has landed a Jamaican man in federal prison for six years. Sefton Olivair Stewart, 41, of Montego Bay, Jamaica, was sentenced on October 16th in federal court in Michigan and will be removed from the country after serving his time, says the …
A house cleaner has admitted to siphoning nearly $1.9 million from a couple’s bank account by forging hundreds of their checks. Emily Roberts, 55, of Monessen forged 636 checks drawn on the couple’s PNC Bank joint account between January 2014 and March of this year, reports MoneyWise. Roberts took blank checks from the shared checkbook …
The UK Financial Conduct Authority consultations came just weeks after the agency opened applications for companies under its new crypto regulatory regime. The UK’s Financial Conduct Authority (FCA) announced two consultation periods for how companies using decentralized finance can comply with its guidance, and exclusions for certain crypto assets following “recent legislative changes.” In a …
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The foundation called for regulation based on financial risks rather than technology, warning that overlapping rules could create uncertainty for crypto businesses across the EU. The Cardano Foundation has urged the European Union not to introduce new, standalone regulations for decentralized finance and staking, arguing that existing financial laws should govern such activities based on …
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Six major blockchain organizations urged the SEC to formally recognize digital commodities as non-securities in its proposed regulatory framework. Six major blockchain organizations, including Chainlink Labs and the Cardano Foundation, have urged the US Securities and Exchange Commission (SEC) to formally classify digital commodities as non-securities, as the agency’s public consultation on proposed crypto regulations …
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The OCC has finalized rules for stablecoin reserves and redemptions, with Bessent calling the GENIUS Act a “watershed moment for American finance.” US Treasury Secretary Scott Bessent has compared the Trump administration’s landmark stablecoin legislation to banking reforms enacted under President Abraham Lincoln, drawing parallels between two efforts to establish a national framework for American …
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Federal prosecutors have charged an Illinois laboratory owner with running a large-scale scheme to submit claims for COVID-19 tests that were never performed. Rajesh “Raj” Patel, 52, of Schaumburg, faces five counts of wire fraud after the laboratory allegedly billed the U.S. Health Resources and Services Administration (HRSA) Uninsured Program for at least 380,000 nonexistent …
A major Wall Street firm is including Bitcoin (BTC) in its annual long-term capital market assumptions report for the first time. JPMorgan Asset Management says it expects BTC to grow 10% per year over the next 10 years, with an arithmetic return of 20.9% and annualized volatility of 55%. Meanwhile, the firm expects US large …
