Saturday, October 10

Crypto

Philippines Eyes Payment Operator Freeze, Tighter VASP Checks

The Philippines’ central bank has proposed freezing new payment-system operator registrations for 12 months while imposing tighter controls on payment arrangements involving virtual asset service providers (VASPs). Under a draft circular, the Bangko Sentral ng Pilipinas (BSP) said it would suspend…

Harmony Proposes Layer-1 Shutdown, ONE Migration to Ethereum

Ethereum-compatible layer-1 network Harmony proposed sunsetting its blockchain and migrating its native ONE token to Ethereum, seven years after launching its mainnet. On Sunday, Harmony proposed taking a final network snapshot, issuing ERC-20 ONE tokens on Ethereum and migrating exchange listings.…

Liquid Network Pauses After 0M Bitcoin Withdrawal

Bitcoin sidechain Liquid paused operations after actors claiming to be white-hat hackers withdrew about 4,000 Bitcoin worth $320 million from its federation wallet. On Sunday, Liquid said that bridge nodes were disabled, preventing new transactions, while exchanges had halted or were…

600 BTC Mined in 2010 Moves After 16 Years of Dormancy

Bitcoin mined in 2010 moved from long-dormant addresses after more than 16 years, reigniting speculation over a possible link to Satoshi Nakamoto.Twelve addresses holding a combined 600 Bitcoin (BTC), worth about $48 million, moved the coins on Saturday after more…

Tether-Backed Orionx Shuts Down After M Custody Gap

Orionx, a Chilean crypto exchange backed by USDt stablecoin issuer Tether, is shutting down after uncovering a multimillion-dollar issue linked to asset custody.The exchange said it began a permanent closure process after a forensic audit found more than $7 million…

Poland Upholds Crypto Bill Veto as Zondacrypto Probe Widens

Polish lawmakers have again failed to secure the three-fifths majority needed to overturn President Karol Nawrocki’s veto of legislation aimed at strengthening oversight of the country’s crypto market.The Sejm, Poland’s lower house of parliament, on Friday voted 241-198 in favor…

Bitcoin ETF Demand Grows While Ether and XRP Cool

US-listed spot Bitcoin exchange-traded funds (ETFs) have recorded their strongest three-week inflow stretch of 2026 as Bitcoin traded around $80,000.The funds attracted $986.9 million in the week ending Friday, bringing net inflows over the past three weeks to $3.8 billion,…

US Labor Data Beat Sends Bitcoin Lower Amid Fed Rate Uncertainty

Key points:The US economy added 162,000 nonfarm payroll jobs in August, nearly triple economists’ consensus estimate of 56,000.Bitcoin sold off from $81,300 to local lows of $78,600 following the data, before recovering to $79,500.A rival Bitcoin fork using the Blake2b…

Pineapple Financial’s Onchain Mortgage Records Cross B

Pineapple Financial has moved more than $1 billion in residential mortgage records onto Injective, a layer-1 blockchain focused on financial applications, as part of a broader effort to migrate its historical loan portfolio onchain.Pineapple plans to eventually migrate more than…

QuFi Rolls Out Post-Quantum Security Layer with uBTC Bitcoin Test

Post-quantum infrastructure company QuFi Network has launched a verification platform designed to protect digital assets against future quantum computing threats without requiring changes to existing blockchain settlement networks.The platform separates verification from settlement, using a decentralized network of nodes to…

Bitcoin rally revives miners as Strategy, Strive buy more BTC

Crypto’s August rally put corporate conviction to the test. Bitcoin (BTC) miners that spent much of the crypto downturn courting AI investors are once again trading like leveraged bets on BTC, while Strategy and Strive are adding thousands more Bitcoin…

Token Buybacks Are Booming. Are They Good For Crypto Projects?

As the industry matures and borrows more pages out of TradiFi’s playbook, crypto projects are starting to adopt some of the behaviors of public companies.The latest craze rocking cryptoville is token buybacks: using revenue to buy back your own token.So…

Trezor Says Data Breach Affects Another 67k US Customers

The impact of hardware wallet provider Trezor’s data breach was larger than initially estimated, expanding to an additional 67,000 US customers.The breach may endanger more US users who ordered between November 2019 and August 2021, Trezor said in a Friday…

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