Live Feed

The U.S. Commodity Futures Trading Commission has asked the White House Office of Management and Budget to review two proposed rules on event contracts, according to Crypto Briefing. The proposals would include event contracts in the definition of swaps while separately distinguishing casino-style gambling products. Crypto Briefing said the CFTC argues it has exclusive jurisdiction over event contracts under the Commodity Exchange Act and maintains prediction markets fall under federal, not state, oversight, with the proposed rules set to reinforce that position.

Twenty One Capital (XXI) plans to expand its Bitcoin treasury of more than 43,500 BTC through a Berkshire Hathaway-style M&A strategy, CEO Raphael Zagury said in an interview with CoinDesk. Zagury said the company aims to acquire businesses and hold them over the long term while continuing to accumulate the value they generate in a way that contributes to growing its Bitcoin treasury. Twenty One Capital currently holds about 43,514 BTC, making it the world’s second-largest corporate Bitcoin holder.

The three major U.S. stock indices closed mixed today. - S&P 500: -0.25% - Nasdaq: +0.24% - Dow Jones: -0.86%

U.S. Sen. Steve Daines has formally introduced the Advancing Digital Asset Policy Through Taxation Act, or ADAPT Act, a 56-page bill aimed at clarifying tax standards for digital asset transactions including stablecoin payments, network fees, staking, and lending, The Defiant reported. The bill would also apply existing wash sale and constructive sale rules under the tax code to digital assets. A key provision would generally exclude capital gains and losses from taxation when taxpayers use qualifying U.S. dollar-pegged stablecoins to buy goods and services. It would also exempt qualifying consumer transactions from broker reporting requirements, although the exemption would not apply to professional traders or market makers. Most provisions are set to take effect for tax years beginning after Dec. 31, 2026, or for transactions occurring after that date, according to The Defiant.

CBS News, the news division of U.S. broadcaster CBS, has partnered with Kalshi, which will provide real-time event contract pricing data for the outlet’s 2026 midterm election coverage, according to Crypto Briefing.

Circle has launched a new toolkit on the public blockchain Arc to support stablecoin purchases and lending, according to Crypto Briefing. Developers can add USDC purchases, Morpho-based yield, and Bitcoin-backed lending without building their own smart contracts, Crypto Briefing reported.

Base has carried out the Cobalt upgrade to enhance conditional trading and B20 token standard features, according to Crypto Briefing. The mainnet protocol update includes validity-based transactions executed according to predefined onchain conditions, as well as expanded B20 token functions including fee payments.

Florida Gov. Ron DeSantis said the U.S. must never adopt a central bank digital currency, according to Watcher.Guru.

Bloomberg said it has launched a dashboard on its Terminal offering on-chain data for stablecoins. The data is provided by blockchain data platform Allium, and users can view hourly data on stablecoin supply, issuance and burns, and transfer activity. The dashboard covers stablecoins with circulating supply above $100 million and spans more than 98% of the overall stablecoin market. Users can also compare supply levels and issuance and burn volumes across individual stablecoins.

DogeOS, an application layer for Dogecoin (DOGE), has launched a public testnet and introduced EVM-compatible smart contract functionality to the Dogecoin network, The Block reported. DogeOS is built as a zero-knowledge rollup and uses DOGE as the native token for paying transaction fees.

U.S. Senate Finance Committee Chairman Mike Crapo wants cryptocurrency tax legislation wrapped up by the end of the year, Crypto Briefing reported. Earlier, the House Ways and Means Committee approved the Digital Asset Tax Clarity Act (H.R.10357) in a 38-5 vote and sent it to the full House.

U.S. SEC Chairman Paul Atkins said in an interview with CNBC that the agency is working to provide greater market clarity so innovative technologies can be developed in the United States. Atkins added that this goes beyond a simple regulatory shift and represents a generational opportunity to strengthen U.S. leadership in the digital finance revolution.

Grayscale CEO Peter Mintzberg said on X that the Zcash ETF, ZCSH, has tripled its assets under management since its Aug. 25 launch, local time. Mintzberg said growing investor interest in privacy-focused assets has also expanded demand for ZEC-related investments. According to Mintzberg, ZCSH became the first altcoin exchange-traded product to surpass $1 billion in assets under management within its first month after launch. Grayscale currently holds 550,000 ZEC.

Hyperliquid Labs plans to unstake 3.75 million HYPE worth $329 million and sell the tokens over the counter to a single institutional investor, BeInCrypto reported. Hyperliquid co-founder iliensinc said on Discord the allocation consists of tokens due to the Hyperliquid team in October and that one institutional investor is set to acquire the entire amount. The 3.75 million HYPE represents about 1.5% of the current circulating supply, and unstaking HYPE on Hyperliquid takes seven days.

The crypto industry spent more than $13 million on lobbying in the first half of this year, including $8 million tied to efforts to pass the CLARITY Act, according to CoinDesk. Coinbase spent about $2.2 million and Kraken about $1 million on lobbying related to the bill, while Digital Currency Group, Jump Crypto and Paradigm also contributed funding. Beyond efforts to pass the CLARITY Act, the industry's lobbying spending also went toward tax legislation and issues related to digital asset mining.

Layer-one blockchain Sui said it had blocked and removed 3,023 phishing and impersonation threats targeting its ecosystem in partnership with security firm ChainPatrol. The move is part of Sui’s $10 million ecosystem security expansion initiative. ChainPatrol is detecting impersonation accounts and phishing sites across websites, X, Discord, Telegram, app stores and digital wallets for more than 30 projects being developed on the Sui network.

The U.S. House Oversight Committee has launched a probe into user identity verification procedures and suspicious trading surveillance systems at Crypto.com, Hyperliquid and PredictIt, Bitcoin News reported. House Oversight Committee Chairman James Comer requested related records from the three companies, including details on how they detect trades suspected of using nonpublic information and any such reports submitted to regulators or law enforcement over the past two and a half years.

Open Standard, a stablecoin project backed by Mastercard, Visa and Stripe, has officially launched OUSD and applied a stablecoin economic distribution mechanism to the token, CEO Zach Abrams said, according to CoinDesk. The project plans to distribute most equity over the next four to five years to founding partners and other network partners based on their contributions. Partners that meet minimum participation thresholds will receive equity based on OUSD supply and transaction activity. The criteria were not disclosed. Abrams said founding partners will not receive any special profit-sharing treatment and will instead be subject to the same rules as other partners, with rewards tied to OUSD supply.

Crypto hacks this year reached as many as 277 incidents through the end of September, with total losses estimated at about $1.84 billion, Crypto Briefing reported, citing DefiLlama. On a full-year basis in 2025, about $2.715 billion was lost across 148 incidents. In the third quarter alone, 116 security breaches led to more than $1.25 billion in stolen assets, marking the largest quarterly loss this year. Major cases included a $320 million exploit involving Liquid Network on Sept. 6 and a $387 million hack at Bitget. The Bitget case was the largest single hack of the year.

Stripe has adopted Open USD, or OUSD, as the default stablecoin for corporate stablecoin payments and remittances, Crypto Briefing reported. OUSD is a dollar-pegged stablecoin developed by Open Standard, a consortium with participation from more than 200 companies. Members include Visa, Mastercard, American Express and Coinbase.

Petra Tschudin, a board member at the Swiss National Bank, said stablecoins make it harder for monetary policy to be transmitted across the broader economy. Tschudin said stablecoins are less connected to the existing two-tier financial system, which could weaken the impact of central bank policy on financial markets and the real economy, and stressed digital currency design should not constrain the role and functions of central banks.

A former UK National Crime Agency investigator has been ordered to repay 1.81 million pounds ($2.4 million) after stealing 50 BTC from a seized wallet during a dark web probe, Decrypt reported. According to the UK Crown Prosecution Service, Bristol man Paul Chowles transferred the 50 BTC from a seized wallet to his own address in May 2017 while handling cryptocurrency analysis and extraction work on devices seized by the Silk Road 2.0 investigation team. The BTC was worth about 60,000 pounds ($77,000) at the time. Chowles then split the stolen BTC into smaller amounts, moved it through the mixing service Bitcoin Fog, and cashed out using Cryptopay and Wirex debit cards. The related transactions totaled 279 transfers worth 144,580 pounds. Chowles admitted to theft and to transferring and concealing criminal proceeds, and was sentenced to five years and six months in prison in July 2025.

Ostium, an Arbitrum-based decentralized platform for tokenized asset perpetual futures, has fully compensated losses at 3,321 wallets affected by a July hack and proposed a separate recovery plan to the remaining 345 affected wallets, Crypto Briefing reported. According to the outlet, on July 15 an attacker compromised Ostium’s off-chain infrastructure, rather than its smart contracts, and submitted manipulated BTC-USD price data. A total of 23.75 million USDC was drained through eight abnormal trades. Ostium Labs decided to use its own funds to cover losses suffered by affected liquidity providers. The company has fully repaid the 3,321 wallets with relatively smaller losses and sent a term sheet outlining a recovery plan to the other 345 wallets on Aug. 29.

Chainlink (LINK) has launched Fulcrum, a cross-chain collateral and finance platform connecting banks, asset managers and sovereign wealth funds to on-chain markets, CoinDesk reported. Fulcrum supports 24/7 collateral transfers and collateral mobilization across public and private blockchains, as well as same-day financial transactions.

BlackRock’s crypto holdings rose by about $29.54 billion in the third quarter of this year, according to Finbold, citing Arkham data. Its crypto portfolio increased to about $77.1 billion on Sept. 30 from $47.56 billion on July 1, a gain of about 62.1% over three months, the report said. BlackRock’s spot Bitcoin ETF, iShares Bitcoin Trust (IBIT), held about 738,200 BTC at the start of the third quarter and added 63,070 BTC, bringing total holdings to about 801,270 BTC, according to the report. That marked an increase of about 8.5% by holdings volume. Over the same period, BTC rose more than 42% from about $58,564 to around $84,000, Finbold said.