24/7 Blockchain industry dynamics and breaking crypto news
HMRC proposes expanding powers to obtain crypto user data directly from service providers. Experts warn the broad definition could include non-custodial wallet software and blockchain explorers, potentially linking on-chain activity to real identities and raising significant privacy and security concerns.
Read MoreFranklin Templeton CEO Jenny Johnson criticized many tokenized funds as mere digital replicas of traditional products at TOKEN2049 Singapore. She highlighted BENJI's use of public blockchain for second-level yield accrual and low-cost transactions, while acknowledging past technical vulnerabilities.
Read MoreCointelegraph has issued a public letter strongly denying a CoinDesk report claiming it is seeking a buyer. The media outlet called the report "based on false information" and demanded a public correction with equal prominence, stating clearly "we are not for sale."
Read MoreCoinbase and Samsung are expanding their partnership, with plans to make USDC the default dollar stablecoin in Samsung Wallet for U.S. users by 2026. The integration, supported by Coinbase Prime, signals a major step in crypto adoption within mainstream consumer electronics.
Read MoreLido contributors are developing a decentralized lending market called Lido Lend, based on a modified fork of Morpho Blue. Designed for security, it features isolated markets, blue-chip assets, and encourages correlated pairs like stETH/ETH. The proposal awaits a Lido DAO governance vote.
Read MoreButterfly Effect announced that its subsidiary Manus has closed a new funding round exceeding $500 million. Led by Boyu Capital and IDG Capital, with participation from Tencent, Sequoia Capital China, and ZhenFund, the investment will fuel Manus' global technology expansion and market development.
Read MoreEthereum's Glamsterdam upgrade on Sepolia testnet triples the block gas limit to nearly 200 million. Initial data shows stable operation with low utilization. The upgrade also revises storage fees, marking a key step towards future mainnet enhancements.
Read MoreYapı Kredi, Turkey's seventh-largest bank, has selected Integral's technology to power the trading infrastructure for its upcoming regulated cryptocurrency services. This move highlights growing institutional adoption of digital assets within a compliant framework.
Read MoreKey midday updates: Ethereum researchers urge 'bunker mode' preparedness; Vitalik warns AI may challenge quantum-resistant crypto within 2 years, advises against hasty moves; Wells Fargo explores crypto trading liquidity; Sui integrates with Samsung Wallet for USDC transfers. U.S. government continues large-scale asset transfers.
Read MoreSolana has partnered with Samsung to embed USDC payments directly into Samsung Wallet. Starting late October, US users can conduct fast, low-cost cross-border transfers via Solana's network on over 80 million Galaxy devices, marking a major integration of blockchain with mainstream consumer tech.
Read MoreEthereum Name Service (ENS) has formally applied to ICANN for the .ens top-level domain. As the sole applicant for .ens in the latest ICANN gTLD round, ENS faces no competitive auction. This move aims to integrate decentralized Web3 identities into the mainstream internet's domain name system.
Read MoreBitwise CIO Matt Hougan highlights NEAR as a rare crypto asset combining ambitious vision with tangible business. Beyond its 'AI blockchain' narrative, NEAR's Intents product is projected to generate ~$45M in annual fees, with buybacks benefiting token holders.
Read MoreEthereum researcher Justin Drake warns that recent AI breakthroughs in mathematics could accelerate the quantum computing threat to elliptic-curve cryptography. He urges the crypto industry to adopt a "bunker mode," advising users, especially large holders, to systematically migrate assets to new addresses to hide public keys and mitigate risk, emphasizing that careful planning is crucial.
Read MoreBinance announced a temporary suspension of US stock trading on October 10 from 18:50 to 21:00 (UTC+8) due to partner broker system upgrades. The maintenance is scheduled outside regular US market hours, with service resuming automatically upon completion. Users are advised to plan trades accordingly.
Read MoreStandard Chartered Singapore is planning to launch digital asset custody services for institutional investors, covering select cryptocurrencies, stablecoins, and tokenized real-world assets (RWA). This expands its global custody footprint, building on existing operations in the UAE, Luxembourg, and Hong Kong.
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