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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.
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.
The post Pi Network Testnet Adds Data on IRRA and Slice Test Tokens appeared first on Coinpedia Fintech News Pi Network’s Testnet is currently tracking test tokens including Irrational Test Token (IRRA) and Slice Test T...
The post Stablecoin Market Cap Recovers $4B but Remains Below Previous Levels appeared first on Coinpedia Fintech News The stablecoin market is showing signs of recovery after losing $14 billion in market capitalization...
The IMF approved a $139 million disbursement for El Salvador while urging the country to reduce state involvement in Bitcoin. The fund cited stronger-than-expected economic activity but said Bitcoin accumulation requirements had not been met, granting waivers tied to corrective measures.
Stablecoin issuers have added about $200 billion in US Treasuries and repurchase agreements over five years, replacing more than 40% of China’s reduced holdings. The shift strengthens short-term Treasury demand, while differing maturities mean stablecoins cannot fully replace China as a buyer of longer-term US debt.
Anchorage Digital has reportedly cut 17% of its workforce, or about 68 jobs based on its earlier headcount, despite expanding into institutional crypto services, stablecoin issuance and a partnership backed by Tether.
Evernorth’s XRP treasury merger has won shareholder approval and is expected to close October 7, but only about $88.5 million of disclosed closing-linked cash remains identifiable for potential new purchases before expenses and other uses.
Blast, the Paradigm-backed Ethereum layer-2 that once held more than $2.3 billion, is shutting down because operating costs exceed revenue. Users can withdraw through Oct. 26 before direct interaction with Ethereum bridge contracts becomes necessary.
Nvidia shares reached a record $237.88, lifting the chipmaker’s market value to roughly $5.7 trillion. The advance followed a larger buyback authorization, strong AI-related revenue and weaker U.S. jobs data that reduced expectations for a Federal Reserve rate increase.
Blast is shutting down after its revenue and activity collapsed. Assets on the Ethereum layer-2 network fell from more than $2 billion in June 2024 to $32 million, while users have until Oct. 26 to withdraw through Blast’s interface.
Crypto fundraising is accelerating, but valuations are becoming more selective. Kalshi is reportedly seeking $1 billion at a $40 billion valuation, Blockchain.com is preparing for a lower-valued IPO, and most crypto treasury companies now trade below the value of their holdings.
BNB Chain has become the first blockchain to exceed $1 billion in tokenized stocks and ETFs. Its $1.1 billion share represents roughly 30% of a market that reached $3.7 billion, with Ethereum and Solana ranking behind it.
Bitcoin open interest increased by about $2.3 billion as the cryptocurrency rose above $86,000 ahead of a U.S. jobs report. Higher perpetual funding rates showed stronger demand for bullish positions, while also increasing the cost and risk of leveraged long exposure.
US spot Bitcoin ETFs attracted $102.7 million on October’s first trading day after a $148.7 million outflow a day earlier. Ether funds posted a third straight day of outflows, while Solana products also lost money and XRP ETFs recorded inflows.
Zano says a Gateway Address exploit let an attacker mint 36.9 million unauthorized ZANO and 1.8 quadrillion fUSD. Because the coins looked legitimate, the project rolled the blockchain back roughly a month and is working to restore affected user balances.
NEAR Intents says it has identified the person behind a $3.8 million exploit and has given the suspected attacker 48 hours to return the funds. The protocol paused services, promised full compensation for affected users and said the breach involved its Omni infrastructure and smart contract.
