Blast to wind down Ethereum L2 after costs outpace revenue
Once among Ethereum’s largest layer2 networks by total value locked, Blast is urging users to move their assets to mainnet ahead of the shutdown.…
Furious debate about THORChain vs NEAR shows idealism has limits
The furious debate over Bitget’s $387.7M of hacked funds comes down to whether ideals around “permissionless and decentralized” tech means never intervening —…
Bitcoin ETFs kick off ‘Uptober’ with $103M inflow
Bitcoin ETFs returned to inflows with $103 million, while Ether funds recorded a third straight day of net outflows. Source:Cointelegraph
Ethereum’s zkAPI brings privacy-preserving API payments to mainnet
Ethereum’s zkAPI is now live on mainnet, turning an earlier zeroknowledge API payment proposal into a working implementation for private, prepaid access.…
50,000 Europeans call on EU to ease stablecoin rewards restrictions in MiCA review
A 50,000letter campaign is pressing Brussels to rethink stablecoin rewards as EU central banks seek broader changes to MiCA’s stablecoin rules.…
Stablecoins can drain from banks and nations at lightning speed
Highly liquid and settling 24/7, stablecoins can leave banks and countries at lightning speed. But whether stablecoins are a risk — or an opportunity — depends…
Bitcoin trapped below $86K as PCE changes cloud inflation reading
Bitcoin erased its postPCE gains as analysts cautioned that methodology changes complicated the lowerthanexpected inflation reading. Source:Cointelegraph
Citigroup raises 12-month bitcoin target to $113,000 as ETF inflows resume
Citi also raised its 12month target for ether from from $2,240 to $3,028. Source:CoinDesk
Bitcoin ETFs draw $6.3B in Q3 as BTC price rises nearly 43%
Bitcoin gained 42.71% in Q3, its best thirdquarter performance since 2017, as US spot ETFs attracted $6.34 billion in net inflows. Source:Cointelegraph
CFTC seeks to define event contracts as swaps amid prediction market fight
The classification could assist the CFTC’s claim that it has exclusive federal jurisdiction over event contracts offered on regulated prediction markets.…
MetaMask exits Ethereum validators as it investigates security incident
MetaMask said it is investigating the threat internally and said it has found no immediate threat to its wallets. Source:Cointelegraph
Open USD takes on Tether, Circle with a different stablecoin model that's 'building money'
The “overwhelming majority” of Open Standard’s equity will be distributed over time to partners based on how much they help grow the stablecoin, CEO Zach…