24/7 Blockchain industry dynamics and breaking crypto news
Last week saw an $856 million contraction in stablecoin supply alongside a net reduction in BTC holdings by public companies. Base protocol revenue surged 519% against this backdrop, while institutional and whale buying of BTC/ETH continued, painting a complex market picture.
Read MoreUK maritime authorities reported six separate attacks on commercial vessels near the Strait of Hormuz on October 11, targeting oil tankers and a container ship. The incidents, involving drones and projectiles, highlight escalating tensions in this critical global energy chokepoint, with risks spreading to neighboring waters.
Read MoreThe UK High Court has ruled that Chinese law governs property rights claims over 61,000 Bitcoin seized in a major fraud case. The ruling clarifies the legal framework for cross-border crypto asset recovery, applying the "closest connection" principle to a £4.1 billion case.
Read MoreElon Musk has contributed over $276 million to Republican groups ahead of the midterms, setting a new record for political donations. The funds target Senate races and voter mobilization, highlighting his growing influence on US politics.
Read MoreBlur will sunset its frontend interface on Nov 12, 2026, though its core market protocol remains on-chain. The Blend lending protocol will stop new loan originations. Borrowers must settle loans before the deadline while withdrawals remain supported.
Read MoreThe FASB is proposing a rule change that could allow qualifying stablecoins to be classified as cash equivalents on corporate balance sheets. This move aims to reduce accounting hurdles for businesses using stablecoins, with significant implications for financial reporting and liquidity management.
Read MoreTrump asserted that Russia and Ukraine agreed to a ceasefire solely because he declared it, despite denials from both sides. He urged Zelenskyy and Putin to negotiate directly to end the war, sparking international debate over his controversial remarks.
Read MoreBinance has globally launched its AI-driven personalized trading interface, Binance AI. The free tool uses generative UI to customize market data and portfolio tracking based on user interests and experience. Approximately 150,000 users participated in testing since early September, signaling a shift toward more accessible financial tools for all traders.
Read MoreCleveland Fed President Loretta Mester warns that current policy is not restrictive enough to quickly curb inflation, signaling more tightening is needed. She highlights risks from firms passing on costs and entrenched inflation expectations, favoring "small, frequent" future rate adjustments to guide inflation back to 2%.
Read MoreRussian Deputy Prime Minister Novak reveals that Russian and US companies have begun negotiations on diesel supply. Russia aims to potentially restore monthly global diesel exports to 3.5 million tons to balance the market. Energy exports to Europe reached $21.3 billion in the first nine months of 2026. Novak assures domestic supply will remain unaffected.
Read MoreOn October 13th, the three major US stock indices showed mixed performance. The Dow Jones Industrial Average posted modest gains, while the Nasdaq Composite declined. Sector rotation was evident, with energy, insurance, and consumer staples strengthening, while tech hardware and storage sectors faced pressure.
Read MoreThe US Dollar Index rose 0.37% on October 12, closing at 102.590. This significant gain reflects shifting market expectations around economic data and policy outlook. The movement signals potential changes in short-term capital flows and risk sentiment, with implications for global currency markets.
Read MoreEuropean officials report the U.S. is threatening to cut off a key weapons procurement pipeline for Ukraine to pressure Kyiv into halting deep strikes on Russian energy infrastructure. This potential shift in Western military support strategy could impact the war's trajectory.
Read MoreIMF reports tokenized real-world assets hit $65.1 billion. It warns automated liquidation and instant settlement could amplify financial shocks during stress, highlighting legal clarity and interoperability as key hurdles to market growth.
Read MoreDays before the midterms, groups linked to the Fairshake PAC spent over $2.7 million backing bipartisan House candidates. All recipients previously voted for a key crypto market structure bill, signaling the industry's push to shape future legislation through political spending.
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