💱 Iran Approves Major Currency Redenomination: Four Zeros to Be Removed From the Rial

Iran’s parliament has officially approved a long-anticipated plan to redenominate the national currency by removing four zeros from the rial. Under the new system, 10,000 current rials will become 1 new rial, marking one of the country’s most significant currency adjustments in decades. The announcement was made between October 5–6, 2025.

💰 A New Currency Structure and a Multi-Year Transition

The plan also introduces a new fractional subunit — commonly referred to as the qiran (or qeran). To ease the transition, Iran will allow both the old and new banknotes to circulate for up to three years.

The Central Bank has been authorized to handle all logistical preparations, including the printing and distribution of the new currency, according to an official timeline. However,

*This is not any financial advice

💰 Bitcoin and Ether ETFs Extend Inflow Streak as Institutional Demand Strengthens

Bitcoin and Ether exchange-traded funds (ETFs) are riding a powerful wave of institutional momentum, logging their eighth straight day of inflows. With mid-October shaping up as a strong period for digital assets, the steady stream of capital reflects growing confidence among professional investors.

📈 Bitcoin ETFs Add Another $441 Million — Zero Outflows Reported

Bitcoin ETFs attracted $440.73 million in fresh capital, continuing their strong upward trend. The inflow breakdown shows clear dominance from major issuers:

BlackRock’s IBIT: $426.20 million
Bitwise’s BITB: $13.43 million
Grayscale’s Bitcoin Mini Trust: $1.09 million

For the eighth consecutive day, no Bitcoin ETF recorded outflows, underscoring persistent institutional appetite.

Trading activity for the day hit $5.15 billion, pushing total Bitcoin ETF net assets to $168 billion.

*This is not any financial advice

🌍 Europe’s Emergence as a Global Digital Asset Leader

Europe is rapidly positioning itself at the forefront of the digital asset industry, powered by clear regulations and growing collaboration between traditional financial institutions and blockchain innovators. On October 10, Cassie Craddock, Ripple’s Managing Director for the U.K. and Europe, highlighted this momentum in a social media post, crediting the Markets in Crypto-Assets Regulation (MiCA) for giving institutions the confidence to fully engage with blockchain technology.

Craddock explained:

“MiCA gave European banks and financial institutions the confidence to lean into the industry.”

She noted that major banks such as Société Générale and BBVA are already building out digital asset custody and tokenization services, working closely with crypto-native firms like Ripple to advance their offerings.

🔗 Progress Continues, but Challenges Remain


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🪙 U.S. Authorities Move to Seize 127,000 BTC Tied to Alleged Lubian Hacker

U.S. officials are seeking to take control of more than 127,000 bitcoins after identifying wallets that Arkham Intelligence links to the so-called “Lubian Hacker.” This individual or group was previously connected to the Milky Sad weak-key vulnerability.

🔍 According to Arkham’s public entity page, around 127,426 BTC trace back to an exploit involving Lubian— a China-associated mining pool— with suspicious transactions reaching as far back as late 2020. Arkham’s August report revealed that the theft quietly persisted for years and has now ballooned into tens of billions of dollars based on today’s Bitcoin prices.

⚠️ The discovery is especially important in light of the Milky Sad disclosure in 2023. Investigators found that Libbitcoin Explorer (bx) relied on the Mersenne Twister pseudo-random number generator.

*This is not any financial advice

🌐 Dubai Pilots Digital Asset Payments, Moving Closer to a Cashless Future

Dubai is taking another major step toward a fully digital economy. The Dubai Department of Finance (DoF) has successfully completed a pilot that enables government service payments to be settled in UAE dirhams using digital assets. The test was carried out in collaboration with the Dubai Land Department (DLD) and powered by the Dubai Pay platform, all under the oversight of the Digital Dubai Authority.

💳 The trial transaction involved issuing a property map and was executed by Dax Middle East, a licensed virtual asset service provider (VASP). Officials explained that the pilot was conducted in a secure testing environment as Dubai prepares for broader adoption of this payment method.

“We see this as a proactive step toward the future of digital transactions,”

said Abdulrahman Al Saleh, director general of Dubai’s DoF. He added that the initiative supports .

*This is not any financial advice

🏒 NHL Teams Up with Polymarket and Kalshi, Ushering In a New Era for Prediction Markets

The National Hockey League (NHL) has entered into landmark multiyear agreements with Polymarket and Kalshi, officially designating both as league partners. This marks a major step in blending professional sports with the fast-growing world of event-based prediction trading. Through the deal, both platforms gain access to the NHL’s proprietary data, as well as licensing rights to use league logos and official branding.

📺 As part of the partnership, Polymarket and Kalshi will integrate NHL branding directly into their prediction products. They’ll also receive prominent visibility through Digitally Enhanced Dasherboards (DED) and virtual signage during national game broadcasts.

“As prediction markets rapidly evolve, partnering with industry leaders like Kalshi and Polymarket creates an incredible opportunity to drive deeper fan engagement throughout the NHL season,”

*This is not any financial advice

🪙 Evolving Trends in Bitcoin Mining: Volatility, Weather Impacts & Growing Consolidation

The Bitcoin mining landscape has gone through some notable shifts lately, marked by sharp swings in hashprice, weather-driven disruptions, and an increasing concentration of hashrate among major mining firms. A recent analysis from Theminermag, a publication focused on the crypto-mining industry, breaks down these developments.

📈 Hashprice Volatility Remains a Defining Theme

Bitcoin miners have faced considerable hashprice turbulence. During a recent market rally, hashprice surged to a one-year peak of $64/PH/s, only to decline shortly after due to an 8% rise in mining difficulty. This rapid reversal underscores how sensitive mining profitability is to both Bitcoin’s price action and network difficulty adjustments.

🌡 Extreme Weather Triggers Large-Scale Curtailments

The report also highlights how environmental conditions have increasingly affected mining operations. U.S.

*This is not any financial advice

🗣 Peter Schiff Tells Followers to Dump Ether and Move Into Bitcoin

Peter Schiff — famous for his pro-gold stance and long-running criticism of Bitcoin — surprised many this week with a bold recommendation to his 1.1 million followers on X: sell ether (ETH) and use the funds to buy bitcoin (BTC). Despite spending years dismissing Bitcoin’s value, Schiff acknowledged the asset’s outperformance in a rare moment of praise.

Schiff wrote that ether is once again trading near the top of its range, calling it an ideal moment for holders to exit their positions. He added, “As much as it pains me to say, selling ether and buying bitcoin with the proceeds is a better trade than holding ether.”

This statement is particularly striking considering Schiff’s track record. He has frequently mocked Bitcoin, even comparing it to the 17th-century Dutch tulip mania. Back in 2013, he told CNBC, “I don’t see bitcoins.

*This is not any financial advice

Cardone Capital, a well-known real estate investment firm, announced today that it has added 185 Bitcoin to its holdings in a $15.3 million purchase. The move signals the company’s ongoing push into digital assets as part of its broader treasury and investment strategy.

The firm has been steadily increasing its Bitcoin exposure to fuel hybrid initiatives that combine real estate with blockchain-based value. Traditionally focused on multifamily housing, Cardone Capital began integrating Bitcoin into its portfolio to diversify beyond conventional property investments.

This latest buy comes during a sharp pullback in the crypto market, where Bitcoin briefly plunged to $80,000 earlier today before recovering to around $84,000 at the time of writing.

*This is not any financial advice

Rumble, the video-streaming platform, has begun limited testing of a new non-custodial wallet that lets viewers send Bitcoin and stablecoin tips directly through livestream chats and video-on-demand content.

The pilot rollout is currently available to Android users and supports tipping in Bitcoin, Tether’s USDT, and tokenized gold. With this integration, creators can now receive crypto-based contributions across both live broadcasts and uploaded videos.

The system is powered through a partnership with Tether, the issuer behind several major stablecoins and tokenized assets. This collaboration allows Rumble to facilitate on-chain transactions for a variety of digital assets, not just Bitcoin.

By introducing this wallet feature, Rumble is expanding its creator monetization tools, giving content creators a new crypto-powered alternative to traditional payment methods.

*This is not any financial advice