The latest in digital assets, markets and regulation.
The CoinMarketCap Altcoin Season Index rose to 64, driven by gains in DeFi and AI tokens, while traders show selective participation favoring utility over speculation.
Strategy acquired 1,665 BTC for $142.7 million, raising its total holdings to a record 847,666 BTC while repurchasing preferred stock.
Michael Saylor’s Strategy purchased 1,665 Bitcoin for $142.7 million last week, raising its total holdings to 847,666 BTC while funding the acquisition through common share sales.
The SEC’s Division of Corporation Finance updated its crypto FAQs to state that announcing token buybacks for functional networks does not constitute a promise of essential managerial efforts.
Bitget resumed Bitcoin withdrawals Monday after a security breach compromised $387.5 million in assets, while the attacker continues moving stolen funds via THORChain.
Governor Gavin Newsom signed Assembly Bill 2409, prohibiting California public officials from issuing meme coins and restricting digital asset platforms from listing tokens tied to government figures.
The Securities and Futures Commission and Accounting and Financial Reporting Council signed a memorandum of understanding extending regulatory cooperation to licensed virtual asset service providers.
South Korea’s Financial Services Commission is reviewing a market-making system for digital assets following a stablecoin price surge on Upbit.
The recent US-China summit resulted in a two-month trade truce extension and limited agreements on AI dialogue and tariff reductions, with analysts noting the absence of a joint statement.
Governor Gavin Newsom signed Assembly Bill 2409, prohibiting state and local officials from issuing memecoins and restricting digital asset providers from offering such tokens to California residents.
Zano restarted its blockchain at block 3,833,000 to remove unauthorized tokens created by a Gateway Address vulnerability, invalidating one month of transaction history.
Bitget attributed a $387.5 million hack to North Korean actors, prompting CEO Gracy Chen to demand THORChain blacklist stolen funds, while SEC Commissioner Hester Peirce resigned effective October 2.