Monday, October 12

Business

Scattered Spider Suspect Handed to US Over Crypto Ransom

A teenager suspected of involvement with the “Scattered Spider” hacking group has been extradited to the US over his alleged role in an $8 million crypto ransom.The US Justice Department said on Wednesday that Peter Stokes, a 19-year-old dual US-Estonian…

Securitize Debuts on NYSE, Issues Tokenized Stocks

Tokenization platform Securitize rallied on its New York Stock Exchange debut on Thursday, as it brought tokenized versions of its shares to two blockchains.The company, which is backed by BlackRock and Morgan Stanley, began trading on the NYSE under the…

US Wallets Top Polymarket Political Bets Despite Geoblock: Report

US-based users are the biggest political bettors on Polymarket, despite the crypto-based prediction market’s efforts to restrict US citizens from using the decentralized platform, according to new research. Blockchain research firm Allium estimated in a report published on Thursday that US-based…

Bitwise Says Strategy Now Less Important Figure in Bitcoin

Strategy’s era as the dominant Bitcoin buyer may have come to an end following last week’s STRC turmoil, which cast doubt on the company’s Bitcoin-buying strategy and sent the cryptocurrency to a nearly two-year low, according to Bitwise chief investment…

Yield-Bearing Stablecoins Lose .5B in Q2

Yield-bearing stablecoin supply fell by more than $3.5 billion in the second quarter of 2026, reversing nearly three years of quarterly growth as crypto-native products contracted and Treasury-backed tokens expanded. Crypto exchange CEX.IO reported Thursday that the category declined by 15%…

Bitcoin Holds Weekly Gains After US Jobs Data, AI Sector Weakness

Key takeaways:Soft US jobs market data triggered a rotation of capital from overheated AI stocks into Bitcoin and gold.Bitcoin onchain indicators hint at seller exhaustion while the decline in oil prices opens room for monetary expansion.Bitcoin reclaimed the $61,000 mark…

Is Bitcoin Heading for K? Sharplink Buys M ETH. Market Moves.

Bitcoin rises amid Fed inflation talks: Bull trap or $65K next?Bitcoin (BTC) reacted positively to US Federal Reserve Chair Kevin Warsh’s remarks on stubborn inflation. Despite the gains on Wednesday, traders fear that incentives for fixed-income investments and strong earnings…

Ondo Adds Shareholder Voting to Tokenized Stocks Through Broadridge

Ondo Finance is adding shareholder voting rights to its tokenized stocks and exchange-traded funds (ETFs) through a partnership with financial infrastructure provider Broadridge, addressing one of the key limitations of blockchain-based securities.The companies announced Thursday that holders of more than…

IMF Says Tokenization Could Reshape Global Finance, Warns of New Risks

The International Monetary Fund (IMF) says tokenization could fundamentally reshape how financial markets operate, marking one of the strongest acknowledgments yet from a global policymaker that blockchain-based infrastructure is moving into the financial mainstream.In a blog published Thursday, Tobias Adrian,…

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