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South Korean officials are set to consult major crypto exchanges as lawmakers and industry representatives seek another delay to the country’s planned cryptocurrency tax. A new bill could push implementation from 2027 to 2029 by linking it to international crypto-asset reporting.
An XRP Ledger bug-fix package has reached the 29-validator threshold and is expected to activate on Oct. 23, but Ripple’s proposed lending system remains offline. Its lending and vault amendments have only 19 and 21 votes, respectively, leaving approval at least weeks away.
Bitcoin, Nasdaq futures and Asian stocks rose after China reported faster third-quarter growth and stronger retail sales. Falling oil prices added to the improved mood, while later Moneyiar data showed bitcoin at $81,990.46, up 0.57% over 24 hours but down 0.68% over seven days.
Deutsche Bank plans to expand its crypto custody service into Asia in 2027 after a German launch expected within weeks, subject to approval. The offering will initially cover bitcoin, ether and three stablecoins, alongside planned tokenized-deposit and digital-bond services.
Qubic has paused its blockchain after weak wallet seeds enabled an attacker to drain about $1.4 million from more than 1,400 accounts. Most funds remain frozen onchain, while validators prepare to vote on recovery options.
Broadcom, Verizon and UnitedHealth are among nine companies objecting to OKXICE’s planned tokenized-stock venue. The proposed platform would offer around-the-clock blockchain-based trading under a temporary SEC exemption, but issuer concerns could limit participation and institutional support.
Richard Heart was detained in Istanbul as HEX lost $246 million in market value. Starknet’s token also plunged nearly 50% while its community considered a post-quantum transition, amid fresh wallet-security, stablecoin and crypto-market developments.
Patrick Witt, the White House executive director for the President’s Council of Advisors for Digital Assets, is leaving for the private sector without a publicly named successor. The administration says crypto policy remains a focus as agencies continue rulemaking and future legislation takes shape.
MapQuest has introduced a Surveillance Layer showing known license plate readers and other outdoor cameras, including Flock Safety devices. The feature arrives as lawmakers and officials challenge the technology over privacy, data-sharing and AI-assisted tracking of drivers.
Latvia is preparing to let residents pay personal taxes with cryptocurrency as early as 2027, while new legislation shifts crypto taxation toward withdrawals exceeding deposits and creates a one-time declaration route for earlier holdings.
U.S. spot Bitcoin ETFs lost $228.6 million last week after a $681.1 million withdrawal the previous week. The nearly $910 million two-week outflow came as hotter inflation data revived rate concerns and Bitcoin slipped below $80,000.
Stablecoin payments climbed 45% to $482 billion through September 2026, despite almost flat supply. Mastercard, Stripe and Visa are integrating stablecoins into accounts, cards and cross-border payment services, while Allium says usage remains a small share of traditional payments.
A Reuters/Ipsos survey found most Democrats and Republicans oppose using prediction markets to bet on US elections. The findings arrive as Polymarket, Kalshi and regulators contest federal and state authority over the growing industry in court.
A BIS working paper using U.S. data from 2019 to 2025 found that stablecoin growth slowed when banks raised deposit rates. The effect was stronger for USDC than USDT, adding to an ongoing debate over stablecoin yield and regulation.
Hackers stole $1.18 billion from crypto projects in the third quarter, up 55% from the previous quarter, as Hacken warned that security audits often exclude suppliers, wallets, signing systems and other infrastructure attackers target.
Analysts are split over whether bitcoin can reclaim $100,000 by the end of 2026. Bitwise cites institutional demand and hard-asset appeal, while LO:TECH expects an $85,000–$95,000 range as inflation and interest-rate uncertainty continue to weigh on the market.
Authorities in Ghana and Nigeria arrested 28 people in a West African crackdown on cryptocurrency investment scams. The operation flagged more than $11 million for possible freezing, while Binance, Coinbase, blockchain firms and Meta helped trace funds, identify victims and disrupt suspected scam centers.
Cysic suspended its cross-chain bridge after an attacker minted 10 million CYS on BNB Smart Chain. The foundation said the incident was limited to bridge processing, while investigations continue into token transfers, possible losses and unauthorized database access.
