The latest in digital assets, markets and regulation.
France proposes revising MiCA to hold crypto platforms liable for DeFi incidents if they fail to vet protocols. Authorities seek to extend safeguards to intermediaries connecting users with decentralized services, alongside plans to transfer supervision of significant providers to ESMA.
US spot Ether ETFs saw $1.08 billion in net outflows in October, erasing September's gains and leaving YTD inflows at $485 million. This contrasts with Bitcoin ETFs, which had smaller net outflows despite similar price declines.
Bank Negara Malaysia launched SSDS+, a DLT platform for tokenized bonds and sukuk, integrated with the RENTAS+ payment system. Designed for wholesale use but ready for retail, it follows a 2025 roadmap without disclosing current transaction volumes.
ECB Chief Economist Philip R. Lane outlined how enhanced international liquidity lines, including the expanded EUREP facility and targeted swap lines, protect monetary policy transmission. These measures aim to stabilize euro funding markets abroad and strengthen the euro's global role by facilitating smoother cross-border financial flows.
Qubic restarted its network after a $1.4M hack caused by predictable wallet seeds on Apple devices. Validators approved a recovery plan, launching a claims platform for affected users until May 2027. The team urges all pre-update wallet holders to migrate funds immediately.
J.P. Morgan projects a 10% annual Bitcoin return, surpassing stocks and gold, but excludes it from main portfolio models due to 55% volatility. The firm dismisses currency debasement narratives while expanding its own blockchain initiatives.
OpenAI acquired Orchestra Bio to integrate AI-driven drug development management into its Rosalind suite. The deal follows Anthropic's purchase of Coefficient Bio, intensifying competition among AI labs to streamline pharmaceutical workflows and reduce the costly, decade-long journey from discovery to approval.
Liquid Network enters final recovery stages after hackers stole 4,000 BTC via an inflation bug. Most funds returned, but attackers kept 600 BTC. Swaps are live again as Blockstream restores 1:1 backing.
Seven more major firms, including Microsoft and Goldman Sachs, joined 16 total issuers objecting to share trading on OKXICE TSV. The updated notice permits issuer-led tokenization, shifting from a strictly third-party model for the SEC-exempted venue.
Bitwise and Hyperliquid urged the SEC to clarify token classification and airdrop rules under proposed Regulation Crypto Assets. Meanwhile, former officials and scholars called for withdrawing the plan, citing overreach. The comment period ends Tuesday.
Strive debuted its SATS preferred stock on Nasdaq, raising $630 million through an upsized IPO priced at $90 per share. The security offers a 15% daily dividend to fund further Bitcoin purchases, positioning the company as the fourth-largest corporate holder with 36,818 BTC.
Swiss regulator FINMA approved the nation's first retail Bitcoin ETF, citing growing crypto interest. While exempting Bitcoin from diversification rules due to its liquidity, FINMA stressed high risks. This follows U.S. ETF successes, opening regulated access previously limited to institutions.