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Rep. French Hill: SEC and CFTC Rules No Substitute for Permanent Law

NFL Backs States at Supreme Court to Block Kalshi Sports Prediction Contracts

Gnosis Bridges Now Confirm Ethereum Deposits in Seconds With New FCR Upgrade

EU Regulator Orders Crypto Platforms to Remove Unauthorized Stablecoins Within 3 Months

U.S. Government Moves $1 Billion in Bitcoin From Bitfinex Hack Wallet

$150M USDT Exits Aave for Spark Savings as Borrowing Costs Hit Double Digits

Astroport Ends Tokenholder Governance on Neutron and Terra After Security Incident

Decrypt Launches Self-Custodial Money Accounts on Solana
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Decrypt Launches Self-Custodial Money Accounts on Solana

Stablecoins Gain Ground as Business Infrastructure, With SaaS and eCommerce Claiming 55% of Volume

Aave Raises Security Bar as Crypto Lending Surges 55%
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Markets

Bitcoin Sees $5B Monthly Inflows, But Existing Holders Drive Rally
Bitcoin monthly inflows reached $5 billion in the 30 days ending October 5, yet Glassnode data reveals the bulk came from existing holders repositioning rather than fresh capital. The divergence raises questions about the rally's durability.

NFL Backs States at Supreme Court to Block Kalshi Sports Prediction Contracts
The NFL filed an amicus brief with the U.S. Supreme Court supporting New Jersey's challenge against Kalshi, arguing that the platform's sports prediction contracts constitute gambling rather than CFTC-regulated commodity swaps.

Gnosis Bridges Now Confirm Ethereum Deposits in Seconds With New FCR Upgrade
Gnosis has deployed Fast Confirmation Rollup (FCR) technology across its bridges for Ethereum deposits, collapsing wait times from 12-15 minutes to seconds. The upgrade requires no changes from users or developers, though it relies on different security guarantees than traditional Ethereum finality.

U.S. Government Moves $1 Billion in Bitcoin From Bitfinex Hack Wallet
The U.S. government moved $1 billion in Bitcoin from a wallet tied to the 2016 Bitfinex hack recovery on October 8, 2026. Blockchain analysts confirm the transfer was custodial in nature with no indication of liquidation.
Regulation

Rep. French Hill: SEC and CFTC Rules No Substitute for Permanent Law
House Financial Services Committee Chairman Rep. French Hill warned that regulatory guidance from the SEC and CFTC cannot replace comprehensive legislation, calling a permanent law change the only reliable path to securing U.S. leadership in digital asset markets.

EU Regulator Orders Crypto Platforms to Remove Unauthorized Stablecoins Within 3 Months
The European Securities and Markets Authority has issued a directive requiring EU crypto platforms to remove unauthorized stablecoins by January 8, 2027. The order targets assets that do not meet MiCA regulatory standards and may reshape global stablecoin compliance trends.

Greece Proposes 10% Crypto Capital Gains Tax With €500 Annual Exemption
Greece has drafted legislation to impose a 10% capital gains tax on cryptocurrency profits, marking the country's first comprehensive digital asset taxation framework. The bill is currently open for public consultation and scheduled to go before parliament in November 2026.

Sberbank Becomes First Russian Bank Approved to Custody Bitcoin
Sberbank, Russia's largest bank, has become the first in the country to receive approval from the Bank of Russia to provide Bitcoin and cryptocurrency custody services. The approval marks a significant shift in Russia's historically cautious regulatory approach to crypto.
DeFi

Astroport Ends Tokenholder Governance on Neutron and Terra After Security Incident
Astroport has ended tokenholder governance on Neutron and Terra, replacing token-weighted voting with contributor-led control through DAO DAO organizations. ASTRO emissions have been cut to zero, removing both governance utility and yield incentives.

Decrypt Launches Self-Custodial Money Accounts on Solana
Decrypt and infrastructure partner Myriad announced the launch of Decrypt Money Accounts, a self-custodial financial platform built on Solana that will power Earn, Swaps, Predictions, and Perpetuals trading. The move raises questions about editorial independence and regulatory oversight.

Solana's Orca Merges With Loopscale to Form Formation, Targeting AI and Defense Financing
Orca, one of Solana's most established decentralized exchanges, has merged with lending protocol Loopscale and rebranded as Formation, pivoting toward institutional financing in AI, robotics, energy, and defense sectors.

Lido Plans Q4 2026 Launch of Lido Lend, a Morpho Blue Fork for Staking Loops
Lido is building Lido Lend, a lending protocol forked from Morpho Blue, targeting Q4 2026 launch. The product will let stETH holders leverage their staking positions through looping strategies, though governance votes and technical disclosures remain pending.
Technology

Nvidia Earnings Beat and $12.9B Hugging Face Deal Push Nasdaq Futures Up 1.1%
Nvidia stock jumped 7% in premarket trading Thursday after posting an earnings beat and announcing a $12.9 billion acquisition of Hugging Face. Nasdaq futures climbed 1.1% on the news, arriving ahead of the Federal Reserve's Jackson Hole Economic Symposium.

Mystery AI Model Ox Alpha Beats Claude Fable on Benchmarks, Creators Unknown
A new AI model called Ox Alpha has surfaced with no identifiable creators, a free price tag, and benchmark scores that outperform Anthropic's Claude Fable. The model ships with a 1 million token context window, accepts video as input, and is available at no cost.

Inception Labs' Mercury 2 Outperforms Google's DiffusionGemma in AI Showdown
Inception Labs released Mercury 2, an AI model that outperforms Google's DiffusionGemma while preserving model intelligence during the shift from sequential to parallel processing. The development marks a significant architectural transition in the post-autoregressive era.

Quantinuum Surges 13% on Nasdaq IPO Debut, Raising $1.68B
Quantinuum's shares opened at $68 on their first day of trading on Nasdaq, a 13% jump from the $60 IPO price, raising $1.68 billion in total proceeds and valuing the quantum computing company at approximately $17.63 billion market capitalization.
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