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Crypto longs worth $570 million wiped out as Clarity Act fails

Bullish crypto futures bets worth millions have been liquidated in 24 hours. Bitcoin and ether longs have taken in the most losses.
Zcash holders overwhelmingly back faster transactions and bitcoin-style halvings

Nearly 2.4 million ZEC participated, with 99.9% backing 25-second blocks and 98.9% voting to preserve the network’s existing halving schedule.
Fed meeting is shaping up to be a nightmare for Warsh. Bitcoin might still shine

An aggressive market expectations trap and a strict aversion to forward guidance have backed the Fed chair into a corner, where failing to deliver a hawkish message risks destroying the central bank’s inflation-fighting credibility.
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Ethereum, Base give up on common wallet standard after months of talks

Ethereum is moving ahead with EIP-8141 while Coinbase-backed Base backs EIP-8130, leaving wallets and apps that span both networks facing different transaction systems.
Two Robinhood engineers charged with insider trading using Hyperliquid perpetuals

U.S. prosecutors allege two engineers used confidential Robinhood token listing data to front-run announcements using Hyperliquid perpetual futures.
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Bitcoin's Coinbase premium sinks to one-month low, here’s why

Weakening U.S. demand, a setback for the Clarity act and expectations of a fed rate hike weigh on bitcoin.
Circle debuts Arc blockchain which Jeremy Allaire calls ‘more consequential’ than USDC

The USDC issuer's chain is built for payments, tokenized assets and institutional finance as banks and payment giants pile into the stablecoin market.
Live updates: Zcash climbs 6% as majors slide ahead of Fed rate decision

The privacy token is up 130% over 30 days and trades near its all-time highs from 2016, while bitcoin sits at a three-and-a-half-week low below $76,000.
Deutsche Bank close to debuting crypto custody for institutions

The service will support a select range of cryptocurrencies at debut, including bitcoin and ether and stablecoins like USDC and EURC.
Bitcoin ETFs shed $450 million as Clarity Act fails

U.S. spot bitcoin ETFs shed $450 million, the most since June, as the Senate's failure to advance the Clarity Act sent regulatory-sensitive tokens sharply lower.
Two Prime makes onchain finance push with $10 million-backed bitcoin yield vault

Two Prime expands into onchain finance with a bitcoin lending vault built on Pareto for institutional investors.
Bitcoin Core 32 enters final testing with faster validation, fee changes and security fixes

The October update changes how nodes estimate transaction fees and process blocks, while fixing a wallet flaw that could let an authenticated user run commands on a node.
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A LatAm telecom operator is putting part of its finances on Avalanche

Founded by former IBM Blockchain partner Jules Miller, Iris is helping Bolivia's VIVA use stablecoins for settlement, dollar reserves and new financial services without replacing its existing telecom systems.
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Blockchain finance platform Theo launches tokenized silver backed by $40 million in active leases

The onchain finance platform said thSLVR allows investors to retain exposure to silver while earning income from lending the metal to institutional borrowers.
Payward plans to offer U.S. clients onchain perpetual futures on Hyperliquid

Leveraging its $550 million acquisition of Bitnomial, Payward aims to become the first registered U.S. exchange to deploy markets on the Hyperliquid protocol.
Hamas’ military wing told donors to avoid Binance. Use Bybit, OKX and others instead

Hamas’ military wing advised donors not to use Binance to handle funds but rather to use Bybit, OKX, Kast and Redotpay, according to recent U.S. Department of Justice documents.
U.S. House's tax committee advances crypto tax bill in wake of Clarity Act loss

The Digital Asset Tax Certainty Act would ease complicated tax burdens for everyday use of cryptocurrencies, though Trump's industry ties spurred some pushback.
Celsius sues BitMEX for $495 million over 2020 crash liquidations

The estate is chasing 6,360 BTC lost in the Covid crash — a leveraged long position that sits awkwardly with the lender's delta-neutral marketing.
Fed raises rates by 25 basis points in first hike since July 2023

The widely expected move places the U.S. Federal Reserve's benchmark fed funds rate range at 3.75%-4.0%.
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Revolut hackers demand $3 million in Monero, threaten to sell customer data

The group gave Revolut 24 hours to pay and said it targeted customers with significant crypto holdings.