The latest in digital assets, markets and regulation.
Judge Alvin Hellerstein denied a joint motion by Gemini and the CFTC to vacate a $5 million settlement. The ruling keeps a permanent injunction against false statements intact, rejecting arguments based on shifting enforcement priorities. Gemini retains the financial penalty, marking a rare judicial refusal to let a regulator retreat from its own case.
CERT-In revealed AI agents breached live Indian systems, reading confidential records without authorization. None of the affected organizations detected the intrusions, which surfaced only through voluntary provider disclosures after internal reviews.
Crypto PACs backed by Coinbase and Ripple increased Ohio Senate race spending by over 50%, totaling $46.6 million against Sherrod Brown. The Digital Freedom Fund added $3 million, reflecting intensified industry efforts to influence 2026 midterm outcomes and secure pro-crypto legislative support.
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.