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Drift Protocol began DFX claims and redemptions on October 1 for users affected by its April exploit. The initial payout was about 0.0104 USDT per token, or roughly 1.04% of verified losses, while future recovery depends on new pool deposits.
President Donald Trump has created a federal “Super Intelligence Force” to coordinate AI policy, placing former SEC Chair Jay Clayton among its leaders. Clayton is widely reported as the administration’s AI czar after overseeing a major crypto enforcement campaign and the Ripple lawsuit.
The Independent Community Bankers of America has sued the OCC over national trust bank charters for crypto firms, arguing the regulator is allowing companies to gain bank credibility without equivalent insurance, capital, supervision and consumer-protection obligations.
U.S. spot Bitcoin ETFs attracted $134.4 million in net inflows during October’s first two trading days, reversing a late-September outflow as softer U.S. jobs data reduced expectations of an October Federal Reserve rate hike.
Crypto firms are shifting from building blockchain products to proving people and institutions will use them repeatedly. Coinbase is emphasizing practical financial needs, WisdomTree is expanding tokenized-fund distribution, and blockchain networks face demands for real adoption beyond testing.
President Donald Trump has appointed US intelligence chief Jay Clayton to lead the new Super Intelligence Force, which will coordinate federal efforts to maintain America’s lead in advanced artificial intelligence. Three other senior officials will join the initiative, while Clayton is expected to retain his current intelligence role.
Near Intents recovered the full roughly $3.8 million stolen in a Thursday exploit after its general manager publicly warned the attacker that the team had identified them and gave them 48 hours to return the funds.
Crypto dealmaking remains active after the U.S. Senate blocked a procedural vote on the Clarity Act. Record first-half transaction value suggests buyers still want strategic assets, though regulatory uncertainty is creating a sharper divide between clearer business models and token-focused companies.
Japan has added Russian cryptocurrency exchange Garantex to its sanctions list, restricting payments and capital transactions involving designated parties. The package also targets 35 vessels linked to Russia’s shadow fleet as authorities seek to limit Moscow’s oil revenues and sanctions evasion.
The IMF approved an immediate $138 million disbursement to El Salvador under its $1.4 billion financing program, granting waivers for missed targets linked partly to Bitcoin. The lender cited corrective measures and renewed commitments to reduce state involvement in crypto activities.
Russia’s Finance Ministry says some employees received wages in digital rubles for the first time after the voluntary payment option opened on Oct. 1. The move builds on 2025 budget-payment trials and forms part of a joint Bank of Russia and Finance Ministry rollout.
Chainalysis attributed the $387 million Bitget hack to North Korea-linked actors, saying the theft pushed Pyongyang-linked crypto losses in 2026 above $1 billion. The funds moved across four blockchains within three hours, while AI tools accelerated the tracing investigation.
PewDiePie says OpenAI banned his account twice while he developed Ajax, a nine-billion-parameter AI model intended to run locally. He says Ajax uses Qwen 3.5, training data from GPT-5.6 Sol and Heretic to remove built-in refusals.
Crypto job postings rose to 1,241 in September from 382 in July, according to CryptoJobsList data reported by CoinDesk. Applications fell to fewer than 20,000, however, as finance, engineering and trading remained the leading areas of hiring demand.
OpenPayd is targeting a year-end Nasdaq listing through its merger with Titan Acquisition Corp., subject to regulatory and shareholder approvals. The payments infrastructure company plans to launch in the U.S. by April 2027 and is considering acquisitions of licenses and technology.
President Donald Trump will host the top 185 registered TRUMP meme coin holders at a Nov. 22 gala dinner in Virginia. The event follows a failed Senate crypto bill vote and renewed scrutiny of Trump’s income from the token.
Cathie Wood says investors may need to “follow the agents” as AI software begins taking actions and spending money. Stablecoins and blockchains could support machine-to-machine payments, but banks, card networks and technology platforms are also competing to control this emerging financial infrastructure.
Pope Leo XIV said human art and AI-generated images differ fundamentally, not merely in quality. His remarks follow Vatican initiatives on artificial intelligence and arrive as copyright, authorship and the value of human creativity remain contested.
