The latest in digital assets, markets and regulation.
Deutsche Bank is set to launch its crypto custody service for European institutional clients within weeks, following regulatory approvals. The German lender plans to expand the platform to Asia next year, joining other major banks in offering digital asset custody and stablecoin-related services.
Bitcoin rebounds to $82,295 after dipping below $80,000, triggering $948 million in liquidations. Altcoins like Zcash surge 10.29%, but technical indicators show neutral momentum and mixed trader sentiment regarding future price direction.
Strategy conditionally declared daily dividends for its STRC preferred stock in November, aiming to stabilize trading near the $100 par value. The move coincides with significant STRC buybacks, exceeding Bitcoin purchases by more than six times during early October.
Bitcoin held near $82,000 as Fed Chair Warsh avoided signaling rate hikes, dropping October hike odds to 15%. Markets stabilized alongside a partial rebound in South Korean stocks, though US bond yields rose to 5.07% amid mixed equity performance.
Over 70% of tokenized stock trading on BNB Chain occurs outside US market hours, signaling a shift toward around-the-clock liquidity. Total onchain equity value rose 15% to $3.3 billion, though US regulators still limit domestic access to major platforms.
The Federal Reserve terminated three enforcement actions against Gardner Bancshares and Small Business Bank on October 13, 2026. These included two cease-and-desist orders from 2023 and 2024, plus a prompt corrective action directive issued in June 2026.
Deutsche Bank plans to launch crypto custody services in Germany, expanding to Asia in 2027. Co-head Gerald Podobnik cites stablecoin growth as a driver, aiming for 8% corporate banking CAGR by 2028.
Former Mt. Gox CEO Mark Karpelès claims Ledger ignored early reports of malicious hardware implants dating back to December 2025. Security researcher Joe Grand also warned the company in March 2026, criticizing the lack of public alerts before the October crisis involving tampered devices sold via authorized resellers.
Math professor Micah Warren argues Bitcoin's security relies on miner incentives, making double-spends unlikely. He warns that pivoting mining resources to AI could impact security budgets, though miner collusion remains the primary threat to network integrity.
Google Quantum AI reduced key quantum errors by 40-fold on its Willow chip, achieving 99.99% fidelity. While this doesn't yet threaten Bitcoin's encryption, falling qubit estimates for cracking keys prompt major crypto firms to accelerate post-quantum preparations.
Chainalysis revealed a scammer lost over 60 BTC ($4.8M) to tampered Ledger wallets. Funds moved to three addresses on Sept 22 were drained Oct 9. Ledger links losses to implants in devices sold by reseller CryptoBilis, though purchase location remains unconfirmed.
Solana Foundation President Lily Liu postponed the Shanghai Accelerate event after registrations quadrupled, exceeding local authority caps. Organizers cited compliance needs, while social media reports noted law enforcement presence at the venue.