BlackRock's Bitcoin Fund Takes in $665 MILLION, While Some of Their Rivals Struggle...
Bitcoin funds just had a strong day, but almost all the good news came through one door. Data reported on October 20 shows BlackRock's IBIT attracted $665.2 million on Monday, October 19. Across U.S. spot bitcoin ETFs, the combined net inflow was a smaller $526.7 million, according to Farside Investors. Fidelity's FBTC lost $83.6 million and Grayscale's GBTC lost $54.9 million. The other products in Farside's table recorded zero net flows. That makes this a story about concentrated demand, rathe
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Stablecoin Rules Could Reach Beyond Issuers - Industry Asks Treasury to Draw Clearer Lines
The next fight over U.S. stablecoin rules is about who gets pulled into them. The Blockchain Association filed a comment letter on October 19 asking Treasury to draw clearer boundaries around its proposed GENIUS Act regulations. The submission, reported on October 20, concerns rules implementing Section 3, which addresses payment stablecoin issuance, offers and sales. The industry group supports the broad objective of regulated issuers and adequate reserves. Its objections focus on how the propo
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Mastercard Launches a New Route From Stablecoins to Bank Accounts for 'Everyday Spending'...
Mastercard wants the stablecoins sitting in a wallet to become money people can actually use without a complicated detour. On October 15, the payments company and BVNK launched Global Money Platform, a set of tools linking digital currencies with conventional accounts and payments. Mastercard says it is available now through BVNK. Banks and fintechs can build the capabilities into services carrying their own brands. For customers, the potential benefit is a shorter route from a stablecoin balanc
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Solana Targets Oct 21 for Upgrade - FASTER 150ms Transactions May Be Here Soon!
Solana's next speed upgrade could make its transaction charts look worse, even when nothing is wrong. Alpenglow is scheduled for October 21, according to the Solana Foundation's updated rollout guide. It targets roughly 150-millisecond finality, the point when a transaction becomes irreversible. The mainnet switch is still ahead, rather than an improvement traders can already measure in production. One less obvious change deserves attention before the countdown ends: validator votes will disappe
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Kraken's Parent Agrees to Buy a European Bank, With Closing Expected in 2027
Kraken's parent wants a place in your everyday banking, and it has agreed to buy a European lender to get there. Payward announced on October 14 that it had signed an agreement to acquire Saldo Finance Oy, the Finnish holding company behind Lithuania's Saldo Bank. Its announcement puts the expected closing in 2027. Regulatory approvals and other closing conditions still stand between the agreement and completion. For European crypto customers, the interesting part is what Payward hopes to build
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XRP Update Lets Others Access Wallet, With Permission, But Without Sharing Keys...
The XRP Ledger has activated a feature that lets businesses hand out specific account permissions without handing over the keys with full control. PermissionDelegationV1_1 went live on October 8, giving stablecoin issuers and other operators a way to separate routine work from the authority that controls their main account. That sounds like an administrative change. For a business approving customers or signing transactions throughout the day, it addresses a real security problem: an online oper
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Crypto’s $1.19 Billion Leverage Flush Hits Ether Harder Than Bitcoin...
Crypto’s late-Thursday selloff delivered a familiar lesson with an expensive invoice: leverage can turn a modest price move into a very large cleanup. About $1.19 billion in derivatives positions were liquidated over 24 hours, and Ether absorbed more damage than Bitcoin despite having a much smaller market value. The snapshot, reported early Friday, October 9, showed roughly $356 million in ETH liquidations against $298 million for BTC. More than $1 billion of the market-wide total came from lon
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Citi Doubles Its Bitcoin Target to $113k as Warnings of an Altcoin Bloodbath Get Louder...
Citigroup raised its 12-month Bitcoin price target from $82,000 to $113,000 and its Ethereum target from $2,240 to $3,028, citing stronger crypto market activity, a supportive macro backdrop, and the return of ETF inflows. The note, dated September 30 and reported by Reuters on October 1, reverses two cuts Citi made earlier in 2026. Meanwhile, Gareth Soloway, chief market strategist at VerifiedInvesting.com, is warning that altcoins could lose 30% to 50% of their value if Bitcoin dominance keeps
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MetaMask Yanks 17,000 Ethereum Validators Offline After a "Pocket Change" Sized Theft...
An attacker walked off with roughly 0.36 ETH - worth less than a thousand dollars - from MetaMask's Ethereum staking operation. The response? MetaMask yanked roughly 17,000 validators holding about 523,000 ETH, worth around $1.4 billion at current prices, off the network. The ratio of damage done to damage prevented is, to put it mildly, not 1:1. The incident started on September 30, 2026, when MetaMask disclosed what it called "an ongoing security incident affecting part of our infrastructure."
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Bitwise Launches NEAR ETF, With 33% of Staking Rewards Going to Fees...
Bitwise's new NEAR fund brings staking to brokerage accounts, but a third of the rewards is earmarked for fees. The Bitwise NEAR ETF launched on NYSE Arca on September 29, 2026, under the ticker NRR. Bitwise describes it as the first spot NEAR exchange-traded product in the United States. Its launch announcement highlights network staking rewards of roughly 5%. Investors comparing that figure with the fund's 0.75% annual management fee need to account for a separate charge on the staking rewards
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Your Next Bitcoin Payment Could Come From an AI Agent - Block Adds Lightning to x402
Block wants Bitcoin to handle the tiny payments AI agents make while getting things done online. The company announced on September 24 that it had joined the x402 Foundation and contributed Lightning payments to the protocol. Its announcement puts Bitcoin into an open standard for software that can request and pay for services. Block sees fast, inexpensive transactions as essential to that market. The development gives Bitcoin holders a practical adoption story to follow beyond the next price ta
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Bitget Raises Hack Estimate to $387.5 Million, Withdraws Still Suspended for All Users...
Bitget's hack just got more expensive, and customers are still waiting for a withdrawal update. The exchange raised its estimate to $387.5 million in a September 25 update, replacing the earlier $351.6 million figure. It attributed the difference to previously uncounted Zcash and TRON transfers. Bitget said the revision reflects better accounting of the original incident, not another attack. That distinction matters when an already substantial loss grows overnight. The original alarm came at 18:
