Top Stories

Keystone Wallet Website Breach Exposes Customer Addresses and Orders

Arthur Hayes Sells $22.28M of ETH, ENA and UNI, Moves to Sidelines

Chainlink and LG CNS Announce Partnership on Korean Won Stablecoins

Bank of Korea to Amend Forex Law to Regulate Stablecoins as Payments

JPMorgan Brings MONY and JLTXX Tokenized Money Funds to Solana

Argentine Court Dismisses Libra Case Against Milei and 10 Others

Colombia Arrests Eight Over Crypto Laundering of Drug Money for US Cases

Circle Shareholder Sues Trump and World Liberty Over Deals Tied to UAE
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Circle Shareholder Sues Trump and World Liberty Over Deals Tied to UAE

Initia Halts Layer-1 and Rollups After Exploit Drains About $2.7M

Netanyahu Asks for a Blockchain Plan to Counter Possible Sanctions
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Markets

Dogecoin Contributor Mishaboar Urges Businesses to Fund Core Code Review
Dogecoin contributor Mishaboar is asking businesses building on DOGE to support Dogecoin Core and rigorous code review, calling review 'truly crucial, now more than ever.' The appeal came two days after Dogecoin Labs formed with the Dogecoin Foundation.

Keystone Wallet Website Breach Exposes Customer Addresses and Orders
Keystone Hardware Wallet says unauthorized access to its website on October 20 exposed customer names, contact details, shipping addresses and order details. The company says keys, recovery phrases and payment data are safe, and warns of impersonation scams offering refunds or replacement devices.

Arthur Hayes Sells $22.28M of ETH, ENA and UNI, Moves to Sidelines
Arthur Hayes says he dumped Maelstrom's entire directional book, about $22.28M led by 6,400 ETH, citing macro and geopolitical risk. Scammers fired 26 address poisoning transfers at his wallet as the sales went out.

Chainlink and LG CNS Announce Partnership on Korean Won Stablecoins
Chainlink and LG CNS announced a strategic partnership on Oct. 22 to expand Korean won stablecoins, integrate Chainlink tools into LG CNS's institutional platform and develop technical standards, building on an Oct. 6 memorandum. No financial terms or launch date were disclosed.
Regulation

Bank of Korea to Amend Forex Law to Regulate Stablecoins as Payments
South Korea's government and the Bank of Korea plan a forex law revision this year that would regulate stablecoins as payment instruments, alongside a central bank monitoring framework for virtual assets, while the broader Digital Asset Basic Act remains pending.

Argentine Court Dismisses Libra Case Against Milei and 10 Others
Argentina's Federal Court No. 8 dismissed criminal charges against President Javier Milei, his sister Karina and nine others over the Libra meme coin, ruling that losses of nearly $110 million for 40,000 investors did not by themselves prove fraud.

Colombia Arrests Eight Over Crypto Laundering of Drug Money for US Cases
Colombia's Attorney General says eight people were captured for extradition to the US in two actions targeting alleged crypto laundering of drug cartel money, including a group charged in Puerto Rico and a suspect indicted in New York over $42 million in transactions.

Circle Shareholder Sues Trump and World Liberty Over Deals Tied to UAE
Former Circle engineer J. Benjamin Greenberg filed a derivative suit against Trump, World Liberty Financial and Steve Witkoff, alleging UAE-linked deals violated the Foreign Emoluments Clause and steered stablecoin business from USDC to USD1. Circle says it did not authorize the filing.
DeFi

Dolomite Adds $100 Million in Concrete BTCcx Bitcoin Collateral
Dolomite has added $100 million in Concrete's BTCcx, a custody-native Bitcoin token backed 1:1 at BitGo, as lending collateral. Only Concrete can borrow against it, and liquidations run through offchain custody settlement.

Researchers Flag Inflated swETH and rswETH Rates After Swell Key Compromise
Security researcher Spreek reports an unidentified actor took control of Swell DAO hot keys, raising swETH and rswETH rates 1% per hour with no new ETH. Four malicious upgrades could reach about 2,513 ETH, though Swell says no ETH has moved.

France Proposes Liability for Crypto Platforms That Offer DeFi Access
France's Treasury, AMF, central bank and ACPR propose that crypto platforms vet DeFi protocols and face liability for certain client incidents, as part of a wider set of suggested MiCA changes covering supervision and stablecoins.

Dogecoin Labs Launches to Unite MyDoge, DogeOS and Such App
Dogecoin Labs, a joint effort between the Dogecoin Foundation and House of Doge led by CEO Jordan Jefferson, unites the MyDoge wallet, the DogeOS rollup and Such App. DogeOS is on testnet with no mainnet timeline yet.
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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