The latest in digital assets, markets and regulation.
Turkish authorities detained Hex founder Richard Heart in Istanbul under an Interpol Red Notice issued by Finland for aggravated tax fraud. The arrest follows the dismissal of a separate U.S. SEC lawsuit against Heart, which had alleged over $1 billion in unregistered crypto offerings.
Bitcoin dropped 1.5% to $82,142 after U.S. inflation hit 3.7%, doubling odds of an October Fed rate hike. Rising Treasury yields pressured crypto markets, triggering over $281 million in liquidations.
Ethereum researcher Justin Drake advocates for "bunker mode" to protect assets from potential AI-driven attacks on elliptic curve cryptography. Critics argue that migrating funds offers limited protection if extended public keys are exposed, warning that rushed actions increase scam risks and operational errors.
Bitcoin dropped below $82,000 after September US CPI hit 3.7%, beating expectations due to surging energy costs. Bond yields spiked near 24-year highs, raising odds of a Fed rate hike to 53.7% for October.
Bitcoin treasury firms shift from convertible bonds to perpetual preferred equity to avoid defaults. Mike Treidl of Blue Coin Capital explains how this structure enables deferred payments and creates a second Bitcoin-buying engine if preferreds return to par.
Author Natalie Brunell argues young people misdirect their anger at capitalism, blaming the wrong target. She describes the current financial system as "socialism for the banks" and presents Bitcoin as a necessary equalizer for a generation struggling with housing and wealth accumulation.
North America's $3.02 trillion crypto economy remains dominant, with the U.S. leading agentic commerce and stablecoin exports while Canada grows via peer-to-peer remittances.
Strive Asset Management bought $280M in Bitcoin last week, outpacing Michael Saylor’s Strategy by 13x, while planning a $500M preferred stock raise to fund further accumulation.
Security expert Joe Grand warns that ordinary users cannot detect sophisticated hardware wallet tampering, following Ledger's confirmation of malicious implants in devices sold by an authorized Southeast Asian reseller.
Kraken parent Payward signs deal to buy Lithuanian-licensed Saldo Bank, aiming to expand traditional banking services across four EU markets pending 2027 regulatory approval.
Qivalis secured EMI authorization from the Dutch central bank, enabling it to issue a euro-denominated stablecoin under MiCA rules as it challenges US dollar dominance.
Canadian crypto remittances to India, China, and the Philippines jumped 141% to $2.36 billion, driven by stablecoin usage and high traditional transfer costs.