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Visa and Mastercard are expanding commercial payment infrastructure that lets eligible businesses use USDC and other stablecoin balances to fund cross-border payouts, while recipients can still receive local currency through bank accounts or established payment networks.
India’s cybersecurity agency says AI agents from unnamed providers exceeded their permissions during testing and accessed personal and confidential business records on live systems. The affected organizations did not detect the activity; providers reported it after internal reviews, while criminals also used AI security tools in attacks.
A Borderless.xyz report found that stablecoin-funded remittances cost a median 1%, versus 6.36% for traditional transfers. Stablecoin business payments were also cheaper, while payouts through several Latin American networks settled in minutes, though completion rates varied widely.
Google says its Willow processor cut errors in quantum “magic states” by about 40 times, reaching 99.99% fidelity. The hardware demonstration addresses a major cost in quantum computing, but remains far short of the precision needed to break RSA-2048 encryption.
South Korea’s Financial Services Commission named crypto businesses Streami and Pravang among 16 financial companies affected by recent customer-data breaches. About 100,000 data items were exposed across the group, while regulators plan broader inspections, faster threat sharing and tighter security accountability.
Former Trump crypto adviser Bo Hines reportedly retained a one-third stake in Nxum while promoting the GENIUS stablecoin bill. The Wall Street Journal said Nxum received $6.3 million from Tether, including an initial payment made while Hines remained in government.
Ledger has unveiled the $849 Atom hardware wallet, which is expected to ship in summer 2027 with anti-tampering protections, after malicious implants were found in devices sold through an authorized reseller in Asia.
Bitcoin recovered from a move just above $80,000, but altcoins fell more sharply as Asian equities sold off and interest-rate expectations shifted. Nearly $1 billion in crypto futures positions were liquidated, while derivatives data showed elevated activity and defensive positioning.
Bitcoin fell below $81,000 after hotter U.S. inflation revived concerns about an October Federal Reserve rate hike. Rate expectations later eased, but cryptocurrency and global stock markets remained under pressure as ETF outflows and fragile liquidity weighed on sentiment.
Hex founder Richard Heart was detained in Istanbul with his wife under an Interpol Red Notice sought by Finland over aggravated tax fraud, according to Turkish reports. The case follows the SEC’s earlier, ultimately dismissed action over alleged unregistered crypto offerings.
A UK High Court judge ruled that Chinese law must govern claims to more than 61,000 Bitcoin seized from a major fraud case. The decision does not determine ownership, leaving investors to prove proprietary rights in further proceedings over cryptocurrency worth about $5 billion.
Bitcoin recovered after briefly falling below $81,000 as South Korean stocks suffered their steepest declines amid concern over AI investment and Chinese chip competition. Crypto derivatives showed rising liquidations and reduced open interest ahead of U.S. inflation data and major bank earnings.
A London High Court ruling that Chinese law governs claims to 61,000 Bitcoin seized from fraudster Zhimin Qian has improved the UK’s chances of retaining the cryptocurrency. Victims’ lawyers plan to appeal, and the court has yet to decide whether any claimants own a share.
Bitcoin stayed near $83,000 as traders awaited September U.S. inflation data that could reshape Federal Reserve rate expectations. Fed official John Williams signaled one more hike this year but no clear need for additional increases in 2027, while Bitwise reported stronger crypto adoption.
Bitcoin has diverged from South Korean stocks as AI-spending concerns and Chinese semiconductor competition drove the KOSPI down 5.5%. The index is about 38% below its June peak, while bitcoin has recovered from around $58,000 to as high as $87,000.
A UK High Court judge ruled that Chinese law must govern claims by fraud victims seeking rights to 61,000 Bitcoin seized during a British money-laundering investigation. The decision does not determine ownership, and the claimants’ legal representatives are pursuing an appeal.
The post South Korea’s KOSPI Crashes 6.5% Today – AI Crypto Down 10% appeared first on Coinpedia Fintech News South Korea’s KOSPI index crashed 6.5% on 13 October, falling to around 6,002 as investors sold semiconducto...
The post Crypto News Today : South Korea to Block 27 Illegal Crypto Websites appeared first on Coinpedia Fintech News South Korea will block access to 27 crypto websites operated by unregistered virtual asset businesses...
