Top Stories

Circle Match Opens Hourly USDC Mint and Redeem Auctions

Blockchain Association Asks Congress for Crypto Tax Overhaul, Names No Bill

Cloudflare CEO Reports Millions of Exploit Attempts on Critical PHP Flaws

Ethereum Developers Cancel Oct. 26 Glamsterdam Fork on Hoodi Testnet

Kraken xStocks Lineup Passes 1,000 Tokenized Instruments

Arbitrum One Daily Active Addresses Hit 571,767, a 408% Weekly Jump

Fireblocks Denies Axios Report of $2.5 Billion Visa Acquisition Talks

Dune Launches Onchain Trading Data Feeds in Real Time for Institutions
Editor's Picks

Arbitrum One Daily Active Addresses Hit 571,767, a 408% Weekly Jump

Fireblocks Denies Axios Report of $2.5 Billion Visa Acquisition Talks

Dune Launches Onchain Trading Data Feeds in Real Time for Institutions
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Markets

Circle Match Opens Hourly USDC Mint and Redeem Auctions
Circle Match, live October 22, 2026, runs hourly batch auctions for eligible Circle Mint customers. Matched minters get a full fee rebate, redeemers pay a uniform clearing fee capped at the Express rate, and prefunding enables atomic settlement.

Cloudflare CEO Reports Millions of Exploit Attempts on Critical PHP Flaws
Cloudflare recorded millions of exploit attempts against two critical PHP vulnerabilities after disclosure, and thousands in the 10 hours before, CEO Matthew Prince said. PHP shipped emergency fixes on Wednesday as the FBI urged organizations to patch or go offline.

Ethereum Developers Cancel Oct. 26 Glamsterdam Fork on Hoodi Testnet
Ethereum developers have cancelled the October 26 Glamsterdam activation on the Hoodi testnet. Node operators are told to avoid fork-enabled builds. The upgrade already ran on Sepolia, but the floated early December mainnet window now looks less certain.

Kraken xStocks Lineup Passes 1,000 Tokenized Instruments
Kraken's xStocks catalog counts more than 1,000 instruments as of October 22, 2026, a more than sevenfold jump from 131 in its September 18 FAQ. Pre-expansion volume topped $40 billion with 300,000+ holders. US, UK and Canada remain excluded.
Regulation

Blumenthal Demands Tether Records on Payments to Bo Hines Firm Nxum
Sen. Richard Blumenthal sent letters to Tether and Nxum Group, the firm co-founded by Bo Hines, seeking payment records, crypto wallet addresses and lobbying communications by Nov. 3 over reported payments made while Hines was a White House crypto adviser.

Blockchain Association Asks Congress for Crypto Tax Overhaul, Names No Bill
The Blockchain Association's letter to Thune, Schumer, Johnson and Jeffries seeks a de minimis exemption, staking taxed at sale and narrower broker reporting. It names no bill, and Congress is in recess until after the November 3 midterms.

Central Bank of Ireland Fines Coinbase Ireland €3.25M Over Safeguarding
The Central Bank of Ireland fined Coinbase Ireland €3.25 million for commingling customer funds and poorly overseen outsourcing to its US parent, leaving safeguarding shortfalls as high as €5.2 million in 2024. The sanction needs High Court confirmation.

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.
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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