Monday, October 12

Crypto

AAA Launches Legal Layer for AI Agent Transactions

The American Arbitration Association and a broad coalition of tech, crypto, and enterprise companies have launched the Legal Context Protocol, an open standard designed to add a legal layer to agentic AI transactions.The not-for-profit American Arbitration Association (AAA) announced LCP with…

House Democrats Probe SEC On AI Agent Advisors

A group of Democratic US House lawmakers is questioning the US securities regulator over how it is overseeing investment advice and trading powered by artificial intelligence.In a letter to SEC Chair Paul Atkins dated Tuesday, the lawmakers said that platforms…

SecondFi Traces Cardano Wallet Exploit to Address-Level Issue

A vulnerability in Cardano-based wallet SecondFi allowed attackers to drain user funds, resulting in major losses.SecondFi on Wednesday confirmed it had identified the root cause of the exploit and is now engaging with Cardano ecosystem platforms and blockchain investigators to…

Emergency Action as Magic Internet Money (MIM) Depegs 50%

Decentralized finance platform Abracadabra said Wednesday that it launched emergency measures after its crypto-collateralized stablecoin, Magic Internet Money (MIM), fell 50% below its $1 peg. “We’re acutely aware of the MIM depeg and are taking emergency actions to remedy the situation,”…

Kalshi Seeks Funding at B Valuation

US-based prediction market platform Kalshi is reportedly in talks to raise funds at a $40 billion valuation, nearly doubling its $22 billion valuation in May.The company could close the new funding round as soon as the third quarter of this…

How memecoin hype turned people into living ads

When virality moved off-screenMemecoins have never pretended to be serious. Other blockchain projects often present themselves through promises of faster payments, scalable infrastructure or decentralized applications (DApps). Memecoins, however, draw their appeal from humor, absurdity and internet culture.A photo of…

Trump Cancels Signing of Housing Bill with CBDC Ban

US President Donald Trump cancelled the signing ceremony for a housing bill containing a ban on a central bank digital currency (CBDC) as he looked for Republicans in Congress to prioritize a controversial voting bill.In a Wednesday morning Truth Social…

Can Traders Retain the Rally?

Hyperliquid’s HYPE token is down 22% from its $75 all-time high, bringing its 2026 uptrend to a key test of support. Market participation has cooled across the derivatives markets, while the spot flows show early signs of stabilization after strong…

BTC Falls Under ,000 As Traders Predict A Relief Bounce

Bitcoin (BTC) hit new two-week lows at Wednesday’s Wall Street open as traders predicted a rally to a “poor” lower high.Key points:Bitcoin price action edges closer to range lows, which traders still see holding.A relief bounce should enter soon, they…

Crypto-Backed Candidates Notch Wins in Three US State Primaries

Several Democrats and one Republican who were supported by more than $8 million worth of ads funded by cryptocurrency-aligned political action committees (PACs) won their respective US primaries on Tuesday, setting up their candidacies for the November election.Party primaries for…

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