XRP is becoming collateral for real loans and the first market is already dominated by whales
Morpho's October 1 snapshot shows live FXRP collateral use, but concentrated debt leaves the broader XRP demand signal unresolved.
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SEC proposes new crypto custody rules for investment advisers and funds
The regulator issued a proposed rule for custody, marking a swan song for its inaugural Crypto Task Force chief, Commissioner Hester Peirce, who exits this week.
Jack Dorsey’s Block Launches Campaign To Get People Spending Bitcoin
Bitcoin Magazine Jack Dorsey’s Block Launches Campaign To Get People Spending Bitcoin Block has launched a campaign to get people on a Bitcoin standard. This post Jack Dorsey’s Block Launches Campaign To Get People Spending Bitcoin first appeared on Bitcoin…
Elon Musk is Back In Washington Despite How DOGE Ended
Elon Musk returns to Washington as co-director of Project Meridian, a Pentagon study, after DOGE ended with no final report.
Republican Senator Steve Daines Releases Text of Proposed Crypto Tax Plan
Bitcoin Magazine Republican Senator Steve Daines Releases Text of Proposed Crypto Tax Plan The senator says the proposed bill would create clearer rules for assets like stablecoins. This post Republican Senator Steve Daines Releases Text of Proposed Crypto Tax Plan…
Circle urges MiCA changes as only 3 of top 30 stablecoins comply
Circle has urged EU policymakers to revise MiCA’s stablecoin issuance and reserve rules after its EU policy director said only three of the world’s 30 largest stablecoins comply with the framework. Circle, in its Oct. 1 policy submission, called for…
OpenAI Says People Linked to China's Moonshot Tried to Copy Its AI's Hidden Reasoning
OpenAI says it disrupted a campaign involving 15,000+ users and ties a core cluster to people associated with Moonshot, the startup behind Kimi.
Drift opens DFX recovery claims with initial payouts near 1% of losses
The Drift Foundation has opened DFX recovery claims and redemptions for victims of its April 1 exploit, with roughly 3.11 million USDT available and initial payouts near 1% of verified losses. The Drift Foundation announced on Oct. 1 that affected…
Meta Pushes Back on Claim That Muse AI Read a User's Messages Without Consent
Communications chief Andy Stone said reading Messages requires two permissions the user controls, disputing a journalist who reported Muse synced his texts despite his settings.
Hyperliquid Policy Center, Circle press EU on perps and stablecoin reserves in MiCA review
Hyperliquid's policy group wants perps under MiFID II, while Circle targets MiCA's bank deposit floor in filings to the European Commission's MiCA review.
Crypto May Be Better Off Without CLARITY Act, Says Bitwise CIO: ‘Too Big to Crush’
Bitcoin, Ethereum, and several altcoins surged after CLARITY's Senate failure.
Bitcoin ETFs are $5 billion away from a new flow record after a brutal 11-month reset
September 30’s concentrated withdrawal leaves subsequent fund flows and spot prices to test whether redemptions persist.