Crypto Currents
Developments shaping the cryptocurrency ecosystem, curated from trusted sources. Each article is summarised by AI into 50 words or fewer for fast context.

Ethereum Plans Significant Increase in Gas Limit Ahead of Glamsterdam Upgrade
Ethereum is set to increase its gas limit by 3.3 times as it prepares for the upcoming Glamsterdam upgrade, aiming to enhance network efficiency and transaction capacity.
BTC, ETH, and XRP Recover After Flash Crash Amidst Expected Volatility
Bitcoin, Ethereum, and XRP have bounced back following a recent flash crash. Analysts anticipate further volatility in the cryptocurrency market as traders prepare for potential fluctuations over the weekend.

Ledger CEO and Mt. Gox Former Head Dispute Over $90 Million Wallet Issue
The CEO of Ledger and the former head of Mt. Gox have engaged in a public dispute regarding a $90 million wallet scandal, highlighting tensions in the cryptocurrency community.

Challenges Faced by Small Crypto Wallets in Generating Revenue
Small crypto wallets encounter difficulties in converting users into revenue due to competition, limited features, and user retention issues.
Cardano Founder Charles Hoskinson Announces New Programming Language Development
Charles Hoskinson, the founder of Cardano, is working on a new programming language aimed at enhancing blockchain development.
Richard Heart Arrested in Istanbul, $7.15 Million Seized by Authorities
Richard Heart has been arrested in Istanbul, with Turkish authorities seizing $7.15 million and six cold wallets linked to him. The arrest raises questions about his financial activities.
Yuga Labs introduces Mudwater trading cards for BAYC and MAYC holders
Yuga Labs has launched Mudwater trading cards on the Solana blockchain, exclusively for holders of Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC) NFTs.
EU Signs Warsaw Protocol on Crypto Crime with Eight Nations
The European Union has joined eight countries in signing the Warsaw Protocol, aimed at enhancing cooperation in combating cryptocurrency-related crime.
JustLend DAO Executes Fifth JST Buyback and Burn Worth $23.5 Million
JustLend DAO has completed its fifth buyback and burn of JST tokens, amounting to $23.5 million. This initiative aims to enhance the value of the token and reduce its circulating supply.
Pump.fun Introduces Hyperliquid Perpetuals to Its Meme Coin Platform
Pump.fun has launched Hyperliquid Perpetuals, expanding its offerings in the meme coin sector. This new feature aims to enhance trading options for users within the platform.
Ledger Under Investigation Following Early Warning About Hardware Wallet Issues
Ledger is facing renewed scrutiny after a researcher revealed that warnings regarding its hardware wallet were issued months earlier than previously acknowledged.
Lagarde Links Digital Euro Pilot to Year-End Legislation for 2027
European Central Bank President Christine Lagarde has stated that a pilot for the digital euro is contingent on legislation being passed by the end of the year.
HEX Founder Richard Heart Detained in Istanbul Amid Finnish Tax Investigation
Richard Heart, the founder of HEX, has been detained in Istanbul as part of an ongoing tax investigation by Finnish authorities.
Michael Saylor Advocates for Bitcoin as Digital Capital at Investor Event
Michael Saylor presented his views on Bitcoin as a form of digital capital during the ParaFi Investor Day, highlighting its potential benefits for investors.
Shiba Inu Approaches Significant Support Level with 86 Trillion SHIB
Shiba Inu is nearing a crucial support threshold as it holds nearly 86 trillion SHIB tokens. Market analysts are monitoring this level for potential implications on future price movements.
Solana's RWA Market Grows 600% While Ethereum Faces Challenges
Solana's real-world asset market has surged by 600% over the past year, contrasting with Ethereum's struggles to maintain its position in the market.
Frgmnt CEO Discusses Stablecoins and Traditional Banking Risks
The CEO of Frgmnt highlights the inherent risks stablecoins face from traditional banking systems, suggesting they may never fully escape these challenges.
TRON Transfers $2.2 Trillion in Stablecoins Amidst TRX Supply Growth
TRON has moved $2.2 trillion in stablecoins, while the supply of TRX has increased for 108 consecutive days, indicating significant activity within the network.
Taiwan Blocks Coinbase and Kalshi Websites Over Election Betting Issues
Taiwan has blocked access to the websites of Coinbase and Kalshi due to concerns regarding election betting activities. The government aims to prevent potential manipulation of the electoral process.
Circle Discloses $819 Million USDC Payouts Amid Stablecoin Economic Concerns
Circle has announced $819 million in USDC payouts, raising questions about the economic stability of stablecoins. The revelation comes as scrutiny of stablecoin practices intensifies within the financial sector.
HEX Founder Richard Heart Arrested in Türkiye with $7.15M in Assets Seized
Richard Heart, founder of HEX, has been arrested in Türkiye. Authorities seized $7.15 million in cash, firearms, cold wallets, and luxury items during the operation.
Charles Schwab Introduces Bitcoin and Ethereum Transfers for Clients
Charles Schwab has begun offering Bitcoin and Ethereum transfers to its clients as part of an expanded cryptocurrency rollout.
Investigation into Crypto Wallet Handling Before User Access
A report examines the processes and individuals involved in handling cryptocurrency wallets prior to their delivery to users, raising questions about security and privacy.
Pirate Chain Suffers Major Security Breach with 39.8 Million Tokens Created
A significant security exploit in Pirate Chain has resulted in the creation of 39.8 million unauthorised tokens, raising concerns about the platform's security measures.
CIA Deputy Director Claims Bitcoin Can Aid Intelligence Collection
The CIA's deputy director stated that Bitcoin may serve as a valuable tool for intelligence gathering, highlighting its potential use in monitoring financial transactions.
Binance.US aims for $100 million funding round at $1 billion valuation
Binance.US is seeking to raise $100 million in a funding round, aiming for a valuation of $1 billion. This move comes as the company navigates regulatory challenges and seeks to strengthen its market position.
Ethereum schedules 200 million gas test for Hoodi on October 26
Ethereum has announced a scaling test for Hoodi, set to take place on October 26, which will involve a 200 million gas limit.
Tether's $6.3 Million Deal Sparks Controversy Over Ex-Trump Crypto Adviser
Tether's recent $6.3 million agreement has raised concerns regarding its ties to a former adviser to Donald Trump in the cryptocurrency sector.
Bitwise Asset Management Holds Over $500 Million in XRP
Bitwise Asset Management has reported holding more than half a billion XRP, reflecting its significant investment in the cryptocurrency market.
Vitalik Buterin Claims zkEVM Speed Race Is Over, Focus Shifts to Prover Security
Vitalik Buterin has stated that the race for zkEVM speed has concluded, emphasising that the next challenge lies in proving the security of the prover.
Nine cryptocurrency firms establish Quantum Alliance for standards development
Nine cryptocurrency companies have formed the Quantum Alliance to develop standards for post-quantum cryptography, aiming to enhance security in the digital asset space.

Solana Ad in China Pulled After 10 Minutes, Critics Point to CZ
A Solana advertisement was removed in China just ten minutes after its launch, with critics attributing the decision to CZ's influence.
Binance Launches $800,000 XRP Giveaway for RLUSD Users
Binance has announced an $800,000 XRP giveaway aimed at users of its RLUSD stablecoin. The initiative is part of the exchange's efforts to promote the use of RLUSD among its customer base.
Solana Mobile Partners with Ledger for New Cryptocurrency Device
Solana Mobile has announced a partnership with Ledger to develop a new cryptocurrency device, enhancing security and user experience in the crypto space.
Brooklyn Prosecutor Alona Katz Targets $11 Billion Crypto Scam Networks
Alona Katz, a Brooklyn prosecutor, is leading efforts to combat crypto scam networks responsible for $11 billion in losses. Her focus is on holding perpetrators accountable and protecting investors from fraudulent schemes.
Deutsche Bank Set to Launch Bitcoin Custody Services Amid Crypto Expansion
Deutsche Bank is approaching the launch of its Bitcoin custody services as it expands its cryptocurrency offerings beyond Europe.
Circle Reports $1.4 Billion Revenue for First Half of 2026
Circle has disclosed a revenue of $1.4 billion for the first half of 2026, with 59% allocated to USDC partners.
152 Million SHIB Tokens Transferred to Dead Wallets from Coinbase
A significant transfer of 152 million SHIB tokens has been identified, sent to dead wallets from Coinbase. This movement raises questions about the implications for the cryptocurrency market.
Bitget to terminate services for specific users in one-time action
Bitget has announced it will cease services for a select group of users as part of a one-off decision. The company has not specified the reasons behind this move.
Postbank to Introduce Crypto and Stock Investments in App by Early 2027
Postbank, a major Bulgarian bank, plans to integrate cryptocurrency and stock investment options into its mobile application by early 2027.
Binance Pool to Close on November 10, Miners Given Deadline to Withdraw
Binance Pool will cease operations on November 10, with access for miners ending two weeks later. Users are advised to move their assets before the closure.
Fidelity report highlights Solana's resilience and concentration risks
A Fidelity report indicates that while Solana demonstrates resilience, it also faces risks related to concentration in staking, hosting, and client distribution.
Crypto Scammer Loses $4.8 Million In Stolen Bitcoin To Other Thieves
A crypto scammer has lost $4.8 million in stolen Bitcoin to another group of thieves, highlighting the ongoing issues of theft and fraud in the cryptocurrency space.
BIS paper suggests banks may hinder stablecoin growth by increasing rates
A report from the Bank for International Settlements indicates that banks could impede the growth of stablecoins by raising interest rates, potentially affecting their adoption and usage.
Ripple CTO Emeritus Warns of Wallet Scam Involving Recovery Phrases
Ripple's CTO Emeritus has revealed a suspected scam that targets users' recovery phrases for cryptocurrency wallets, raising concerns about security and fraud in the digital currency space.
Eclair addresses browser vulnerability affecting Bitcoin Lightning nodes
Eclair has implemented patches to mitigate a browser attack that could allow webpages to send commands to Bitcoin Lightning nodes, enhancing security for users.
BIS paper suggests banks may hinder stablecoin growth by raising saver interest rates
A report from the Bank for International Settlements indicates that banks could slow the growth of stablecoins by offering higher interest rates to savers, potentially making traditional savings accounts more attractive.
Solana Cancels Major Event in Shanghai Due to Attendance Surge Issues
Solana has cancelled its significant event in Shanghai following an unexpected surge in attendance, which created logistical challenges.
Schwab and Deutsche Bank Expand Their Services into Digital Assets
Charles Schwab and Deutsche Bank are making significant advancements in the cryptocurrency sector by expanding their offerings to include digital assets.
Judge Upholds Gemini's $5 Million Settlement with CFTC
A judge has declined to vacate the $5 million settlement between Gemini and the Commodity Futures Trading Commission (CFTC), maintaining the terms of the agreement.
Circle Expands USDC Initiative to 40 New Markets Beyond Crypto Trading
Circle aims to introduce its USDC stablecoin to 40 new markets, expanding its use beyond cryptocurrency trading.
Strive's 16.7% Bitcoin Income Offer Explored
The article investigates the underlying trade mechanisms that enable Strive to offer a 16.7% income on Bitcoin investments, highlighting potential risks and market implications.
Coinbase Issues Warning on Bitcoin's Vulnerability to Quantum Computing
Coinbase has cautioned that Bitcoin needs to address potential threats posed by quantum computing to ensure its security and integrity.
Cardano's Development Declared Complete by Hoskinson, One Task Remains
Charles Hoskinson has stated that Cardano's development is complete, although he noted there is one remaining task to address.
Bloomberg Predicts Bitcoin Price Drop to $10K, Cryptoquant CEO Disagrees
Bloomberg's Mike McGlone forecasts Bitcoin could fall to $10,000, while Cryptoquant's CEO Ki Young Ju disagrees with this prediction, suggesting a different outlook for the cryptocurrency market.
Analyst Predicts Bitcoin May Drop to $68K Before Reaching $125K
A financial analyst suggests that Bitcoin's trajectory towards $125,000 could involve a significant decline to $68,000 before recovery.
Cobo to Close Retail Wallet App in December, Imposing 2% Fee on Funds
Cobo has announced the shutdown of its retail wallet app in December, introducing a 2% monthly charge on any remaining funds in users' accounts.
Binance Offers 7.77% APR in XRP for RLUSD Amid Declining Base Rate
Binance has introduced an offer of 7.77% APR in XRP for users depositing RLUSD, although the base rate continues to decrease.
Altcoins Decline as Bitcoin Remains Below $82,000
Several altcoins experience significant losses as Bitcoin stabilises under the $82,000 mark during the weekend.
Charles Schwab Expands Bitcoin and Ether Trading to All Eligible Clients
Charles Schwab has announced that it will allow all eligible clients to trade Bitcoin and Ether, expanding its cryptocurrency offerings. This move aims to enhance access to digital assets for a broader range of investors.
Bitcoin Faces Pressure Amid Reports of Potential US Strike on Iran
Bitcoin's value is under pressure as reports suggest former President Trump may prepare a military strike on Iran within 24 hours. Market reactions are influenced by geopolitical tensions.
Bitget to Cease Services for Certain Users with Specific Deadlines
Bitget has announced it will terminate services for some users, implementing account-specific deadlines for the changes. Affected users will receive notifications regarding their accounts.
Cardano transfers $26 million to USDCx amid bridge payout freeze
Cardano has moved $26 million to USDCx following a freeze on payouts by bridge controls. This decision comes as the platform navigates challenges related to liquidity and asset management.
XRP Price Fluctuations Near $1.33 Indicate Potential Market Movement
XRP is experiencing significant price volatility around the $1.33 mark, suggesting the possibility of a larger market shift. Analysts are observing these developments closely for potential implications on future trading trends.
Aptos burns 174,000 APT in 30 days, total burn reaches 1.9 million
Aptos has burned 174,000 APT tokens over the past 30 days, bringing the total tokens burned to 1.9 million. This ongoing burn process is part of Aptos's strategy to manage its token supply.
81 Billion Shiba Inu (SHIB) Tokens Traded in 24 Hours
In a recent trading session, 81 billion Shiba Inu tokens were exchanged, indicating significant market activity and potential investor interest.
Google's Willow breakthrough raises quantum threat to Satoshi-era Bitcoin
Google's recent advancements in quantum computing with its Willow project could pose significant risks to Bitcoin's security, particularly for older Satoshi-era coins.
Visa and Mastercard implement USDC payouts in 200 countries
Visa and Mastercard have announced the adoption of USDC cryptocurrency payouts, expanding their services to 200 countries.
Solana Applications Generate $193 Million in Revenue in 30 Days
Solana applications have generated $193 million in revenue over the past 30 days, driven by a surge in real-world assets. This growth highlights the increasing adoption and utilisation of Solana's blockchain technology.

Former Ripple Adviser Highlights Challenges Ahead for XRP
A former adviser to Ripple has cautioned that XRP faces significant challenges in achieving widespread adoption of its technology.
Cross River Bank integrates $2.4 billion RLUSD with core banking system
Cross River Bank has successfully linked its $2.4 billion RLUSD stablecoin to its core banking system, enhancing its digital asset capabilities.
Solana Postpones Shanghai Event Due to Surge in Registrations
Solana has announced the postponement of its upcoming event in Shanghai after registrations increased fourfold, indicating a significant level of interest.

Scammer Loses $5 Million in Bitcoin to Ledger Thieves
A scammer who defrauded victims of $5 million in Bitcoin fell victim to thieves targeting Ledger wallets, losing the stolen funds.
Taiwan Bans Coinbase and Kalshi Ahead of Local Elections
Taiwan has prohibited Coinbase and Kalshi from operating in the region just weeks before local elections, according to reports. This decision impacts the availability of cryptocurrency trading platforms during a critical political period.

Raoul Pal Discusses Bitcoin, Solana, Ethereum, and Undervalued Asset
Raoul Pal shares his views on Bitcoin, Solana, and Ethereum, highlighting one asset he considers to be significantly undervalued.

Top Platforms for USDC to XMR Swaps on Solana
A list of the best platforms for swapping USDC to XMR on the Solana blockchain.
Solana to Improve Transaction Speed with Alpenglow Upgrade
Solana plans to implement the Alpenglow upgrade to enhance its transaction speed, aiming to improve overall network performance.
Binance Founder CZ Supports XRP, ZEC, and SOL During China Crypto Issues
Binance founder Changpeng Zhao has expressed his support for cryptocurrencies XRP, ZEC, and SOL amid ongoing controversies surrounding the crypto market in China.
USDC processed $36 trillion in transactions in H1, Circle retained 7% revenue
In the first half of the year, USDC transactions totalled $36 trillion, yet Circle only retained 7 cents for every dollar of revenue generated.

BFFS26 Denver: Insights on Bitcoin Custody and Banking Lessons
Joseph Kelly discusses Bitcoin custody and credit, while Alan Lane shares lessons from banking at the BFFS26 event in Denver.
Pump.fun introduces 0% Solana trades with 0.45% app fee for giveaways
Pump.fun has launched a trading platform offering 0% fees on Solana transactions, with a 0.45% app fee intended for giveaways. The initiative aims to attract users to its service.

Sazmining Begins Selling Jack Dorsey’s Proto Immersion Hashboards
Sazmining has announced the sale of Proto Immersion Hashboards, designed by Jack Dorsey. These products aim to enhance Bitcoin mining efficiency and are now available for purchase.
CZ denies influence over removal of Solana's Shanghai advertisement
CZ has refuted claims that his social media post led to the removal of Solana's advertisement for the Shanghai event.
Circle Expands Into 40 Emerging Markets as Stablecoins Gain Popularity
Circle plans to enter 40 emerging markets to capitalise on the growing mainstream adoption of stablecoins, according to the CEO.
Google's Quantum Breakthrough Raises New Concerns for Cryptocurrency Security
Google's recent advancements in quantum computing have prompted renewed fears regarding the security of cryptocurrency systems, as quantum technology could potentially undermine current encryption methods.
Taiwan Prohibits Coinbase and Kalshi from Offering Election Bets
Taiwan has blocked Coinbase and Kalshi from facilitating bets on its upcoming elections, citing concerns over the legality and implications of such activities.
Karpelès Reports Ledger Implants in Devices from Two More Resellers
Karpelès has identified security issues involving Ledger devices sold by two additional resellers, raising concerns about potential implants. The findings highlight ongoing vulnerabilities in the supply chain for cryptocurrency hardware.
Bitcoin Price Stays Around $81K as Analysts Identify Possible Market Bottom
Bitcoin's price remains close to $81,000, with analysts suggesting it may be nearing a market bottom.
Bitcoin Giant Strategy to Launch Daily Dividends for STRC in November
Bitcoin Giant Strategy has announced plans to begin daily dividends for its STRC token starting in November.
Charles Schwab highlights Bitcoin's strong fundamentals for future growth
Charles Schwab has stated that Bitcoin continues to possess strong fundamentals, suggesting a positive outlook for its future in the financial landscape.

Deutsche Bank to Launch Bitcoin Custody Services Soon
Deutsche Bank is set to introduce its Bitcoin custody services within weeks, according to reports. This move marks a significant step for the bank in the cryptocurrency sector.

MSCI Proposes Changes That May Exclude Certain Strategies From Index
MSCI is advancing a proposal that could lead to the exclusion of specific strategies from its index, impacting investment approaches.
Deutsche Bank Set to Launch Institutional Custody for Bitcoin and Ether
Deutsche Bank is preparing to introduce a custody service for institutional clients, focusing on Bitcoin and Ether. This move aims to enhance the bank's offerings in the growing cryptocurrency market.
Unique Wealth reports $10.4 million Bitcoin exposure in 13F-HR filing
Unique Wealth has disclosed a Bitcoin exposure of $10.4 million in its latest 13F-HR filing, highlighting its investment strategy in cryptocurrency.
Pump.fun Launches Perpetual Futures with Hyperliquid Technology
Pump.fun has introduced perpetual futures trading, utilising Hyperliquid's technology to enhance its platform. This move aims to provide users with advanced trading options in the cryptocurrency market.
Ledger Thieves Face New Challenge in Targeting Criminals
Criminals using Ledger devices may present new difficulties for thieves, as these users implement advanced security measures to protect their assets.
Three Reservists Charged in Kidnapping of Crypto Exchange Owner in Toronto
Toronto police have charged three Canadian Armed Forces reservists in connection with the kidnapping of a cryptocurrency exchange owner. The incident has raised concerns about the involvement of military personnel in criminal activities.
Strive Prices $630 Million Bitcoin Preferred Stock Amid High Demand
Strive has successfully priced $630 million in Bitcoin preferred stock, with demand exceeding initial expectations. The offering reflects growing interest in cryptocurrency investments.

