News linked to this event type.
Onchain Lens posted on X questioning CoinDCX's so-called hack incident, stating that CoinDCX may have undisclosed fund anomalies—user deposits had flowed into a wallet that was not included in the relevant fund accounting, after which nearly equivalent funds were transferred out; some funds were also moved through less common cross-chain bridge entry points and services, indicating abnormal pathways.Onchain Lens further pointed out that some funds suspected to be related to CoinDCX hot wallets flowed through over-the-counter (OTC) services and mixing platforms, and questioned that the CoinDCX team still denied the occurrence of a security incident even after multiple researchers and on-chain investigators presented relevant evidence.
The Securities and Exchange Commission (SEC) of Thailand stated that multiple asset management companies have made inquiries about launching spot cryptocurrency ETFs, but no asset management company has yet submitted an approval application to establish a crypto ETF. The SEC did not disclose the names of the companies involved.The SEC noted that it is currently unable to determine whether the first batch of products can be approved before the end of 2026, with the specific timeline depending on the preparedness of applicants, regulatory review, and investor protection requirements. Thailand's new crypto ETF rules took effect on Friday, allowing asset managers to establish locally listed spot Bitcoin and Ethereum ETFs. (Cointelegraph)
BNB Chain has announced that the Jenner hard fork upgrade will go live on the BNB Smart Chain testnet on October 28. This upgrade will introduce the Payment Lane feature, which reserves 5% of block Gas capacity by default for eligible payment transactions; support for millisecond-level block timestamps in smart contracts; and functional support for the new compliant asset standard CAS20, with specific arrangements for the rollout of related features to be announced separately.BNB Chain reminds validators, node operators, block builders, and application developers to prepare for the upgrade in advance. Testnet node operators must switch to a compatible client before the upgrade is activated, while developers should check the impact of these changes on applications and development tools.
Odaily reports: Israeli cybersecurity startup Mave has announced the completion of a $34 million funding round, including $28 million from a Series A led by Red Dot Capital Partners with participation from Lumir Growth Partners, following a previous $6 million seed round. Mave primarily develops AI agents for cybersecurity operations.Mave's AI agents can integrate information from enterprises' existing security systems, investigate alerts, filter out false positives, and execute actions approved by human teams. The company states that its agents record every step across thousands of workflows, providing security personnel with visibility into the agents' reasoning and actions.Mave was co-founded by Raziel Oren and Guy Eshel in 2025 and currently has 30 employees. The company plans to use the new funding to double its team size, with new positions mainly focused on market expansion and AI research. The company charges a fixed fee based on client size and requirements. (Business Insider)
Odaily reports: Blockchain asset management firm CMCC Global has announced the tokenization of its Crest Fund (Crest) and Liberty Bitcoin Accumulation Fund (LBAF), calling them the first tokenized fund-of-funds products issued under El Salvador's digital asset legal framework. The two funds will be issued using Tether's Hadron tokenization platform and will raise capital from qualified investors through the regulated Bitfinex Securities platform, with the subscription period running until October 30, 2026.Both funds are multi-manager quantitative hedge funds investing in digital asset market-neutral strategies, including funding rate arbitrage, cross-exchange and volatility arbitrage, market making, and DeFi strategies. Crest is denominated in USD and targets returns above U.S. Treasury yields; LBAF is denominated in Bitcoin and targets a net annualized return of 8%–12%. BTCS S.A., a digital asset treasury company listed in Poland and Frankfurt, has agreed to serve as cornerstone investor and plans to allocate a three-digit number of Bitcoin to LBAF, with the specific amount not yet disclosed. The token issuance prices are $10 per CREST token and 0.0001 BTC per LBAF token, with a minimum subscription of one token; eligible holders can also conduct round-the-clock secondary market trading through Bitfinex Securities. (PRNewswire)
Odaily reports: X Pay, a payment infrastructure provider for AI agents and APIs, has announced the completion of a $1 million financing round. Investors include DCI, Credit Scend, Skyland Ventures, Zerra Ventures, and 9 institutions in total. The funds from this round will be used to expand supported blockchain networks, conduct independent security audits, launch an API marketplace, and prepare for EU compliance requirements (including MiCA). (financewire)
Odaily reports: Katie Harries, Head of European Policy at Coinbase, wrote that the UK Financial Conduct Authority (FCA)'s proposed crypto asset regulatory rules could require regulated platforms to execute client orders only on FCA-authorized trading venues, thereby restricting users from accessing decentralized finance (DeFi) protocols through compliant platforms. Since decentralized protocols typically have no entity that can apply for regulatory authorization, the proposed rules could prevent regulated platforms from offering DeFi access services, constituting a de facto ban. The relevant crypto regulatory regime is expected to take effect on October 25, 2027.Harries argues that a blanket restriction on DeFi access will not eliminate the activity but may instead push more transactions into channels that regulators cannot effectively monitor. She calls on the FCA to adopt an approach of "regulating the access point, not blocking the technology," allowing compliant platforms to offer DeFi access services provided they clearly disclose risks to users, obtain user consent, and assess protocol operational and governance risks. She also noted that the EU and the US are exploring the integration of traditional finance with DeFi infrastructure, and the UK should also preserve space for such innovation. (Cointelegraph)
According to French media reports, early this morning, three masked intruders broke into the home of a couple in their sixties in Mont-de-Marsan, Landes, France, and threatened them to hand over cryptocurrency. The 63-year-old husband sustained head injuries, and the perpetrators subsequently fled with a laptop and a mobile phone. After freeing themselves, the two victims contacted the police and were taken to the hospital for examination. Initial police investigations suggest the incident may be linked to the couple's son, who works in the cryptocurrency industry. Following the attack, the son has been placed under police protection. The three suspects remain at large, and the case is being investigated by the judicial police in Bayonne.
Odaily reports: Bitcoin's market dominance rose to 60% on Wednesday, reaching its highest level since May of this year and holding near that level, reflecting investors' preference for holding Bitcoin over altcoins. Meanwhile, Bitcoin fell below $82,000 on Thursday, giving back gains from the previous day's brief break above $84,000. Small-cap tokens saw more pronounced declines, with the CoinDesk Memecoin Index dropping over 5%, the Computing Select Index falling 3.5%, and the DeFi Select Index down 2.5%.Joel Kruger, market strategist at LMAX Group, said that the crypto market's prior outperformance relative to other assets has shifted to trading more closely in line with equity markets, with investors awaiting new industry catalysts. Vikram Subburaj, CEO of Indian exchange Giottus, noted that Bitcoin ETF inflows have yet to form a sustained trend, and investors should avoid chasing rallies while monitoring ETF fund flows and Federal Reserve policy signals. (CoinDesk)
Coinbase stated that its Irish entity, Coinbase Ireland, has reached a settlement with the Central Bank of Ireland after being fined €3.25 million (approximately $3.65 million) for violating client money protection and outsourcing management obligations between 2020 and 2025. The Central Bank of Ireland emphasized that payment and electronic money institutions have an obligation to adequately safeguard client funds and stated it maintains a zero-tolerance stance toward deficiencies in such protective mechanisms.
The Cysic Foundation has issued a notice to the parties responsible for the unauthorized issuance of the CYS token, demanding the return of 275.872 ETH within 72 hours, which accounts for approximately 90% of the confirmed related proceeds. As a bounty for asset recovery, the party may retain the remaining approximately 30.652 ETH. The foundation stated that it has reconstructed key stages of the attack and preserved relevant technical and on-chain evidence; if payment is not received within the deadline, it will escalate the matter and cooperate with law enforcement to launch a criminal investigation.
The National Development and Reform Commission has published the new "Measures for the Administration of Overseas Investment," which aims to better safeguard the development and security of overseas investments through institutional arrangements. The Measures consist of 76 articles divided into six chapters: General Provisions, Guidance and Services for Overseas Investment, Supervision and Regulation of Overseas Investment, Protection of Overseas Investment, Legal Liability, and Supplementary Provisions. The Measures shall take effect on December 1, 2026, at which time the 2017 "Measures for the Administration of Overseas Investment by Enterprises" will be simultaneously repealed. The State supports investors in conducting overseas investment activities in accordance with market-oriented principles and actively participating in international cooperation and competition. Investors legally enjoy autonomy over overseas investments, exercising independent decision-making, bearing their own risks, and assuming their own profits and losses.
Odaily reports: The National Development and Reform Commission has issued measures for the administration of outbound investment. Among other provisions, it states that where an investor invests in outbound investment prohibited by the state, the National Development and Reform Commission shall order the cessation of such investment activities, require the disposal of shares and assets within a specified period, and confiscate illegal gains; where the investor refuses to comply, a fine of not less than 5% and not more than 10% of the Chinese investment amount shall be imposed; the directly responsible persons in charge and other directly responsible personnel shall be fined not less than RMB 50,000 and not more than RMB 100,000; where a crime is constituted, criminal liability shall be pursued in accordance with the law.
According to The Block, Lee Eog-weon, Chairman of the South Korean Financial Services Commission (FSC), stated at a National Assembly hearing that government consultations on the Digital Assets Basic Act have entered the final stage, and the government will push for the bill's prompt enactment. The legislation aims to establish a comprehensive regulatory framework for digital assets, covering licensing systems for cryptocurrency exchanges, stablecoin issuance rules, and related legal definitions.
According to reports from The Cambodia-China Times, a Cambodian court has frozen nearly $1 billion in assets related to the Prince Group case, including buildings, casinos, and thousands of real estate properties. Investigations also revealed that the group has 198 affiliated companies, with 98 located in Cambodia and another 100 spread across overseas jurisdictions. In addition, Ing Dara, a prominent member of the Prince Group, was arrested in Cambodia and handed over to the court for legal processing. Two other suspects, Huang Ron and Eang Soklim, have also been taken into custody; Eang Soklim is alleged to serve as the nominal head of the "Plot 8 Telecom Fraud Park" in Preah Sihanouk Province.
CoinDCX stated that recent claims on platform X regarding certain wallet addresses and transactions are misleading. The related transactions involve legacy wallet addresses created in January 2025 and compromised in July of the same year, which the platform ceased using thereafter. It asserted that recent on-chain activity is unrelated to its operations and that user funds remain secure. In response, on-chain investigator ZachXBT countered that CoinDCX's deposit address TQKJQ remained in use by liquidity providers for approximately 10 months following the July 2025 incident. These addresses continued to receive user deposits and gas fees in April and May 2026, subsequently transferring the funds to CoinDCX's currently disclosed hot wallet. He raised questions over how the CoinDCX team failed to account for the whereabouts of approximately $15.8 million in user deposits.
上海金融监管局印发《推动上海银行业保险业数字金融高质量发展的若干措施》的通知。其中指出，赋能先进制造业供应链金融发展。运用大数据、区块链等技术，稳步拓展供应链金融服务，规范发展应收账款融资、供应链票据融资、仓单质押融资、订单融资等供应链金融产品。持续深化对先进制造业的保险服务布局，提升对先进制造业企业及其供应链的综合风险保障能力。
Bloomberg reported that Robinhood Markets Inc. plans to establish Dubai as its new operational base next year to launch its retail investment platform in the Middle East, further expanding its global business footprint. The company has obtained authorization from the Dubai Financial Services Authority (DFSA) to provide trading and custody services to individual investors, covering 10 categories of assets including stocks, cryptocurrencies, exchange-traded funds (ETFs), and investment tokens.
According to Reuters, sources familiar with the matter said Musk revealed progress on evaluating a SpaceX-Tesla merger during an investor call this week and publicly expressed his support. The move has unsettled some negotiation participants, potentially delaying talks by several weeks and triggering more extensive legal scrutiny. During the call, Musk stated that both companies are exploring what could become the largest corporate transaction in history and have established special committees to evaluate the proposals. He also acknowledged a conflict of interest, stating he cannot participate in discussions involving either committee. The deal remains in its early stages. According to three sources familiar with the matter, both sides have engaged advisors, and discussed deal structures include SpaceX acquiring Tesla or combining the two companies through a newly established holding company, with consideration arrangements including an all-stock transaction. Musk owns nearly one-fifth of Tesla and just under half of SpaceX. Those involved in the negotiations worry that his public comments will lead investors to question the independence of the special committees and place greater emphasis on how conflicts of interest are addressed.
According to Yonhap News Agency, the South Korean National Assembly's Committee on Finance and Economic Planning held its comprehensive audit of state affairs for 2026, where the ruling and opposition parties clashed over the virtual asset taxation issue, which has been postponed three times. Originating from the 2020 revision of the Income Tax Act, the policy is scheduled to take effect starting in January 2027 under current regulations. Democratic Party lawmaker Yoon Deok-ho stated that the United States, Japan, Germany, and the United Kingdom have already implemented virtual asset taxes, noting that approximately 48 countries worldwide are currently taxing them. He argued that repeated delays undermine policy consistency, claiming that postponing or repealing enacted laws "shakes the foundations of the nation." Meanwhile, People Power Party lawmaker Lim Yi-ja pointed out that overseas exchanges have no obligation to submit transaction details to South Korea, compromising tax fairness. She also noted that industry players require at least six to nine months to build necessary infrastructure in accordance with National Tax Service announcements, indicating that current preparations remain insufficient.