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Bitcoin Holds Above $83,000 as ETF Outflows and Rising Yields Weigh on Market
Bitcoin traded above $83,000 as investors assessed elevated Treasury yields, rising oil prices, and mixed institutional demand. While Strategy added 250 BTC and Bitmine purchased 12,532 ETH, recent Bitcoin ETF outflows and weakness across major altcoins reflected continued caution. Traders are watching US inflation data due on October 14 for signal...
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Kraken Parent Payward Gets Full Dubai Licence to Expand in UAE
Payward, the parent company of Kraken, has received Full Market Approval from Dubai’s Virtual Assets Regulatory Authority to provide regulated cryptocurrency services to retail, professional, and institutional clients in the UAE. Planned offerings include spot and margin trading in UAE dirhams, institutional over-the-counter services, and access ...
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Sui Commits $30 Million as DATA Network Winds Down Blockchain
Sui Foundation has committed $30 million to DATA Network as part of a partnership to bring its AI training data infrastructure to Sui. The transition will integrate DATA’s Trace registry into Sui, with Walrus becoming the default storage system for applications operated by DATA Foundation. The project’s standalone blockchain will shut down afte...
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Ledger Addresses Hidden Chip Concerns as Users Claim $92 Million in Crypto Theft
Ledger has confirmed finding an unauthorised hardware component inside a customer’s cryptocurrency wallet amid an ongoing investigation into suspected thefts linked to CryptoBilis, a Southeast Asian reseller. Blockchain analytics firm Bitquery estimated that $92.9 million was taken from 311 wallets, although Ledger has not validated the reported ...
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Bitcoin Rebounds Above $84,000 as Whale Buying Counters ETF Outflows
Bitcoin has recovered to $84,000 as large-holder accumulation and corporate buying provide support despite institutional outflows. More than $2.4 billion (roughly Rs. 22,992 crore) in crypto positions were liquidated, while US spot Bitcoin ETFs ended a three-week run of inflows. Traders are now watching the $85,000 resistance level and the upcoming...
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Gold Teeth, Luxury Flat, Dubai Trips: How UK Man Spent Money From Rs 2.56 Crore Crypto Theft
He used the funds to pay for luxury holidays in Dubai, a high-end apartment in Canary Wharf, London, and gold-plated teeth grills.
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France Backs Stablecoin Tax Plan and 10-Year Window for Crypto Loss Relief
France’s National Assembly Finance Committee has approved two amendments to the proposed 2027 budget that would change how cryptocurrency transactions are taxed. One proposal would make conversions into qualifying stablecoins taxable from January 1, 2027, while another would let eligible crypto losses be carried forward for 10 years. Both measure...
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Trump Announces $215 Million Quantum Computing Push as Crypto Security Concerns Rise
The Trump administration has announced more than $6 billion in science programmes, including a $215 million competition to advance fault-tolerant quantum computing. The US Department of Energy has outlined eight research areas and a staged funding structure, with awards tied to technical milestones and future congressional appropriations. The initi...
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Bitcoin and Ethereum ETFs to Become Available in Thailand From October 16
Thailand’s Securities and Exchange Commission has introduced 11 regulations for cryptocurrency exchange-traded funds, effective October 16. The initial framework permits funds tracking Bitcoin and Ether, with listings restricted to the Stock Exchange of Thailand. Fund managers must meet investment, custody, and investor protection requirements, w...
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Bitcoin Recovers From September Low as Trump’s Iran Remarks Ease Market Fears
Bitcoin recovered after touching its weakest level since September 21, following US President Donald Trump’s statement ruling out strikes on Iran before the midterm elections. However, institutional outflows, leveraged liquidations, and elevated Treasury yields continue to weigh on the market. Traders are watching key support levels and geopoliti...
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ESMA Orders Crypto Firms to Exit Non-Compliant Stablecoins Within Three Months
The European Securities and Markets Authority has told MiCA-authorised crypto-asset service providers to stop offering services related to stablecoins that do not meet MiCA requirements. National regulators have up to three months to address remaining exposures, while allowing limited services for existing customers to exit their positions. New pur...
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Ethereum Researcher Cautions AI Could Threaten Crypto Wallet Security
Ethereum Foundation researcher Justin Drake has warned crypto holders about a worst-case scenario in which AI-assisted advances could threaten ECDSA security within months. He proposed “bunker mode”, involving gradual transfers to fresh addresses. Vitalik Buterin advised against rushing to move funds, while warning that AI-assisted mathematical...
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Bitcoin Slips Below $83,000 as Treasury Yields Hit 2002 High
Bitcoin has slipped below $83,000 as rising Treasury yields, a stronger US dollar, and higher oil prices weigh on the cryptocurrency market. Long liquidations and ETF outflows have added near-term pressure, though buyers continue to accumulate at lower levels. Traders are now watching key support levels for signs of a potential recovery.
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Tether Faces Lawsuit From Conduit Over $2.76 Million in Frozen USDT
Cross-border payments firm Conduit Technology has sued Tether over $2.76 million (roughly Rs. 267 crore) in USDT frozen since September 2025. Conduit claims the wallet held its working capital and was not linked to the Brazilian investigation that prompted Tether’s action. The company is seeking access to the funds and at least $2.76 million in d...
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BaFin Rejects Bitcoin Group SE’s MiCA Application for Futurum Bank After 15-Month Review
Bitcoin Group’s Futurum Bank is exploring partnerships with licensed German firms after BaFin rejected its MiCA licence application. The bank had planned to operate Bitcoin.de’s revamped crypto exchange itself, but will now consider using external firms for trading and custody. Bitcoin Group can object to the decision within one month of receiv...
-
Bitcoin Holds Above $83,000 as ETF Outflows and Rising Yields Weigh on Market
Bitcoin traded above $83,000 as investors assessed elevated Treasury yields, rising oil prices, and mixed institutional demand. While Strategy added 250 BTC and Bitmine purchased 12,532 ETH, recent Bitcoin ETF outflows and weakness across major altcoins reflected continued caution. Traders are watching US inflation data due on October 14 for signal...
-
Kraken Parent Payward Gets Full Dubai Licence to Expand in UAE
Payward, the parent company of Kraken, has received Full Market Approval from Dubai’s Virtual Assets Regulatory Authority to provide regulated cryptocurrency services to retail, professional, and institutional clients in the UAE. Planned offerings include spot and margin trading in UAE dirhams, institutional over-the-counter services, and access ...
-
Sui Commits $30 Million as DATA Network Winds Down Blockchain
Sui Foundation has committed $30 million to DATA Network as part of a partnership to bring its AI training data infrastructure to Sui. The transition will integrate DATA’s Trace registry into Sui, with Walrus becoming the default storage system for applications operated by DATA Foundation. The project’s standalone blockchain will shut down afte...
-
Ledger Addresses Hidden Chip Concerns as Users Claim $92 Million in Crypto Theft
Ledger has confirmed finding an unauthorised hardware component inside a customer’s cryptocurrency wallet amid an ongoing investigation into suspected thefts linked to CryptoBilis, a Southeast Asian reseller. Blockchain analytics firm Bitquery estimated that $92.9 million was taken from 311 wallets, although Ledger has not validated the reported ...
-
Bitcoin Rebounds Above $84,000 as Whale Buying Counters ETF Outflows
Bitcoin has recovered to $84,000 as large-holder accumulation and corporate buying provide support despite institutional outflows. More than $2.4 billion (roughly Rs. 22,992 crore) in crypto positions were liquidated, while US spot Bitcoin ETFs ended a three-week run of inflows. Traders are now watching the $85,000 resistance level and the upcoming...
-
Gold Teeth, Luxury Flat, Dubai Trips: How UK Man Spent Money From Rs 2.56 Crore Crypto Theft
He used the funds to pay for luxury holidays in Dubai, a high-end apartment in Canary Wharf, London, and gold-plated teeth grills.
-
France Backs Stablecoin Tax Plan and 10-Year Window for Crypto Loss Relief
France’s National Assembly Finance Committee has approved two amendments to the proposed 2027 budget that would change how cryptocurrency transactions are taxed. One proposal would make conversions into qualifying stablecoins taxable from January 1, 2027, while another would let eligible crypto losses be carried forward for 10 years. Both measure...
-
Trump Announces $215 Million Quantum Computing Push as Crypto Security Concerns Rise
The Trump administration has announced more than $6 billion in science programmes, including a $215 million competition to advance fault-tolerant quantum computing. The US Department of Energy has outlined eight research areas and a staged funding structure, with awards tied to technical milestones and future congressional appropriations. The initi...
-
Bitcoin and Ethereum ETFs to Become Available in Thailand From October 16
Thailand’s Securities and Exchange Commission has introduced 11 regulations for cryptocurrency exchange-traded funds, effective October 16. The initial framework permits funds tracking Bitcoin and Ether, with listings restricted to the Stock Exchange of Thailand. Fund managers must meet investment, custody, and investor protection requirements, w...
-
Bitcoin Recovers From September Low as Trump’s Iran Remarks Ease Market Fears
Bitcoin recovered after touching its weakest level since September 21, following US President Donald Trump’s statement ruling out strikes on Iran before the midterm elections. However, institutional outflows, leveraged liquidations, and elevated Treasury yields continue to weigh on the market. Traders are watching key support levels and geopoliti...
-
ESMA Orders Crypto Firms to Exit Non-Compliant Stablecoins Within Three Months
The European Securities and Markets Authority has told MiCA-authorised crypto-asset service providers to stop offering services related to stablecoins that do not meet MiCA requirements. National regulators have up to three months to address remaining exposures, while allowing limited services for existing customers to exit their positions. New pur...
-
Ethereum Researcher Cautions AI Could Threaten Crypto Wallet Security
Ethereum Foundation researcher Justin Drake has warned crypto holders about a worst-case scenario in which AI-assisted advances could threaten ECDSA security within months. He proposed “bunker mode”, involving gradual transfers to fresh addresses. Vitalik Buterin advised against rushing to move funds, while warning that AI-assisted mathematical...
-
Bitcoin Slips Below $83,000 as Treasury Yields Hit 2002 High
Bitcoin has slipped below $83,000 as rising Treasury yields, a stronger US dollar, and higher oil prices weigh on the cryptocurrency market. Long liquidations and ETF outflows have added near-term pressure, though buyers continue to accumulate at lower levels. Traders are now watching key support levels for signs of a potential recovery.
-
Tether Faces Lawsuit From Conduit Over $2.76 Million in Frozen USDT
Cross-border payments firm Conduit Technology has sued Tether over $2.76 million (roughly Rs. 267 crore) in USDT frozen since September 2025. Conduit claims the wallet held its working capital and was not linked to the Brazilian investigation that prompted Tether’s action. The company is seeking access to the funds and at least $2.76 million in d...
-
BaFin Rejects Bitcoin Group SE’s MiCA Application for Futurum Bank After 15-Month Review
Bitcoin Group’s Futurum Bank is exploring partnerships with licensed German firms after BaFin rejected its MiCA licence application. The bank had planned to operate Bitcoin.de’s revamped crypto exchange itself, but will now consider using external firms for trading and custody. Bitcoin Group can object to the decision within one month of receiv...
