News linked to both this project and an event.
According to Cryptopolitan, Euronext halted trading of CoinShares' newly launched Zcash ETP (code ZCSH) on the Paris market on October 28, just hours after its listing. An Euronext spokesperson stated that the suspension was due to the central securities depository (CSD) temporarily being unable to support standard settlement operations, rather than any regulatory issue, and the product will resume once settlement conditions are met.
According to Cryptopolitan, Canada published a draft stablecoin regulation in the Canada Gazette on October 24, prohibiting issuers from paying direct or indirect returns to holders, including platform activity rewards permitted by some U.S. platforms. The draft requires non-financial institution issuers to register with the Bank of Canada, maintain reserves of high-quality liquid assets in the denomination currency at a 1:1 ratio, be redeemable at par value, and hold reserve assets in banks. Banks, trust companies, and other prudentially regulated institutions are exempt from this issuer framework, and tokenized deposits at these institutions may continue to pay interest and remain eligible for deposit insurance. The draft opens a 60-day consultation period, and the Department of Finance Canada expects the rules to take effect in 2027. The Canadian Banking Association has expressed support for the return ban, while Stablecorp CEO Kesem Frank advocates following the U.S. approach to allow certain rewards.
As reported by Cryptopolitan, Token Terminal data shows that the deposit volume of tokenized stocks in DeFi protocols has exceeded $300 million, up from $262 million last month and reflecting a 2,451.5% increase from approximately $11.8 million a year ago. The deposits are distributed across 20 issuers and 10 blockchains. The data indicates that the growth was primarily concentrated in the third quarter: starting at $80.1 million at the beginning of the quarter, it rose to $265 million on September 30, marking a quarterly increase of approximately 230%. This timeline aligns with Binance launching bStocks in June and Robinhood Chain going live in July. In terms of on-chain distribution, Solana leads with $102.6 million, accounting for a 34.2% share, with Robinhood Chain and Ethereum ranking second and third respectively. BNB Chain holds $42.8 million, Base holds $24.3 million, and the top five chains combined account for approximately 96%. Regarding issuers, xStocks accounts for over 39%, Robinhood holds $70.8 million, Binance bStocks holds $38.4 million, and Ondo Finance holds $3.4 million.
According to Cryptopolitan, the on-chain market size of tokenized real-world assets (RWA) has surpassed $38.6 billion, with over 4.24 million holding addresses. Among these, US Treasuries account for the largest share at over $15.9 billion; commodities $4.9 billion, active strategies $3.6 billion, asset-backed credit $2.56 billion, and tokenized stocks $2.52 billion. In terms of on-chain distribution, Ethereum leads with $17.3 billion, followed by BNB Chain at $5.6 billion, while Solana ranks third with $4.3 billion.
According to Cryptopolitan, data from the on-chain data platform DefiLlama shows that as of August 18, the active deposit size of Real World Assets (RWA) in DeFi protocols has reached $3.98 billion, representing an approximately 6-fold increase compared to $651 million a year ago; three years ago, this figure was only $12 million. The current total issuance of tokenized RWA is $34.55 billion, but the actual on-chain utilization rate is only about 11.5%. Of this, private credit accounts for over half of the active total with $2.13 billion, bonds contribute $799 million, and reinsurance contributes $406 million. In contrast, the utilization rate of tokenized treasury bonds is extremely low—BlackRock BUIDL issuance reaches $2.74 billion, but on-chain deployment is only $18 million, with a utilization rate of only 0.66%; Franklin Templeton BENJI utilization rate is zero. Analysis points out that such products are designed specifically for institutional cash management, where holders pursue treasury yields rather than lending capabilities; tokenization only improves settlement efficiency and does not convert them into collateral.
According to Cryptopolitan, DeFi lending protocol Compound approved a record $52 million two-year development budget via DAO voting and completed leadership restructuring, announcing a full pivot to the institutional market. The COMP token subsequently rose over 10% within 24 hours, currently trading at around $18. Regarding the budget, $14 million has been authorized for immediate use, with the remaining funds unlocked in batches based on milestones. In terms of fund allocation, approximately $28 million is designated for operations and R&D for the new version Compound V4, and $24 million for growth, of which $8 million to $10 million is specifically allocated for institutional partnerships. The V4 core adopts a "hub-and-spoke" architecture, centralizing fund scheduling through a central hub to meet higher institutional requirements for risk control. Currently, over 10 partners have confirmed joining, with another 20+ currently in negotiations.
According to Cryptopolitan, former Bitcoin mining company IREN announced the completion of the first milestone of its $9.7 billion, five-year contract with Microsoft — the official delivery of the Horizon 1 facility located in Childress, Texas. The facility is 50 megawatts in scale, equipped with Nvidia GB300 systems and direct chip-level liquid cooling technology, and has received the Exemplar Cloud certification awarded by Nvidia. Under the contract terms, Microsoft will complete GPU acceptance verification within five days; upon approval, IREN can commence monthly billing, with expected annualized revenue of approximately $1.94 billion after all four Horizon facilities go online. IREN plans to complete the deployment of all four phases totaling 200 megawatts by 2026, expand AI cloud computing power to 1.2 gigawatts by 2027, simultaneously exit the Bitcoin mining business, and target a full-year AI cloud revenue run rate exceeding $4 billion.
According to Cryptopolitan, South Korea's Financial Supervisory Service (FSS) has launched a three-month fraud refund system reconstruction project with a budget of approximately 119 million Korean won. This upgrade aims to align with the revised "Telecommunications Fraud Damage Compensation Act" amended on March 31 this year—the bill will officially take effect on October 1, formally incorporating virtual assets into the scope of "damaged property" and "refundable property." The new system will support calculating compensation amounts based on token type and quantity, using the Korean won value at the time funds were frozen as a reference benchmark, while also possessing the ability to disentangle mixed fraud funds across multiple accounts. Major exchanges such as Upbit, Bithumb, Coinone, Korbit, and GOPAX will be required to assume anti-fraud and victim relief obligations equivalent to those of banks at that time, including verifying transaction purposes, monitoring suspicious funds, and freezing suspected accounts.
According to Cryptopolitan, Bitcoin mining company Keel Infrastructure (formerly Bitfarms) released its Q2 2026 financial report this Monday, disclosing that the company has completed the shutdown of all its US Bitcoin mining farms, and sold 1,085 BTC between April 1 and August 7, cashing out approximately $75 million, and currently still holds 1,861 BTC on its balance sheet, valued at approximately $121 million. Financially, Keel's Q2 revenue was $30 million, down 50% year-over-year, mainly dragged down by weak Bitcoin prices and the shutdown of the Moses Lake mining farm; operating loss reached $141 million (including $84 million in non-cash depreciation), net loss from continuing operations was $64 million, and adjusted EBITDA was negative $24 million. Following the announcement, KEEL stock price fell more than 11% in a single day. In terms of strategic transformation, Keel is converting its core sites in Pennsylvania, Washington State, and Quebec into high-performance computing data centers; currently, permitting approvals for the three priority sites are nearly complete, and negotiations with potential tenants are underway. The company's current liquidity is approximately $819 million, including $698 million in unrestricted cash and $121 million in Bitcoin, and during the quarter, it also raised $458 million through convertible notes.
According to Cryptopolitan, the Central Bank of Russia (CBR) has released a draft of supporting regulatory rules for the cryptocurrency market, covering registration and operational requirements for crypto exchanges, digital depository institutions, and token issuers. The draft stipulates that the minimum net assets of digital depository institutions must range between 50 million and 250 million rubles (approximately $600,000 to $3 million), depending on the nature of the business. These rules will supplement the "Law on Digital Currency and Digital Rights" passed by the Russian State Duma earlier this month, which is expected to officially take effect on September 1, 2026. Under the new framework, non-qualified investors are limited to purchasing mainstream assets such as BTC, ETH, and USDT annually, with a cap of $4,000; industry participants will have a transition period until March 1, 2027, to complete compliance and approval procedures.
According to Cryptopolitan, the North Korea–linked hacker group Lazarus Group has been found deploying the fileless remote access Trojan RemotePE, primarily targeting banks, cryptocurrency exchanges, and fintech companies. This malware runs entirely in memory and employs process hollowing, anti-analysis detection techniques, and encrypted C2 communications—making it difficult for traditional antivirus and forensic tools to detect. The report states that attacks typically begin with Telegram-based social engineering: attackers impersonate employees of trading firms and lure victims into installing malicious software using forged Calendly and Picktime links, ultimately executing the payload without touching the file system.