US factory costs spike, threatening Bitcoin’s rally above $85,000
US manufacturers reported more widespread input-price increases in September, raising a potential financing risk for Bitcoin if investors respond by expecting higher interest rates ahead of Friday’s jobs report. The Institute for Supply Management’s Oct.…
Wall Street arrived in NEAR just as a $4 billion-a-month app got hacked
NEAR’s new US ETF is facing its first stress test days after launch as a $3.8 million ecosystem exploit hit the token. NEAR fell about 10% to $4.86 after NEAR Intents disclosed a security incident involving its Omni deposit-and-withdrawal infrastructure.…
XRP is becoming collateral for real loans and the first market is already dominated by whales
XRP is beginning to support live dollar borrowing on Ethereum, though the market remains heavily concentrated among a handful of borrowers. A Morpho market backed by FXRP, a tokenized representation of XRP, had about 7.18 million RLUSD in outstanding…
New Bitcoin upgrade catches hidden key leaks hiding the exact fix
Bitcoin improvement proposal BIP461 could make a hidden route for leaking wallet secrets easier to detect. The draft defines a common signing procedure for ECDSA, an existing Bitcoin signature scheme. Independent compliant signers should produce…
Brazil’s largest energy giant tests Cardano to fix carbon double-counting
Petrobras, Brazil’s state-controlled energy company, is testing Cardano to track sustainable aviation fuel benefits and prevent double-counting. The Cardano Foundation said on Sept. 30 that an ongoing research and development collaboration had…
Standard Chartered says Ethena’s ENA could crush Bitcoin and Ethereum returns by 2028
Standard Chartered expects Ethena’s ENA token to rise about sevenfold by 2028, provided the protocol can rebuild its shrinking synthetic-dollar business. The bank initiated coverage of ENA with a $2 year-end 2028 target, up from about $0.28 currently. It…
Bitget’s hackers turn to Zcash after $50 million laundering route gets blocked
Hackers behind Bitget’s $387.5 million breach are turning to Zcash’s privacy features to hide the stolen funds as crypto firms increasingly block other escape routes. About 2,746 ZEC worth roughly $3.9 million was transferred Wednesday into Zcash’s…
Kalshi’s $40 billion growth story hits tough questions about its trading volume
Kalshi is ending a trader-volume incentive program nearly a year early as scrutiny of activity in its crypto markets intensifies. The prediction-market operator told the Commodity Futures Trading Commission (CFTC) that its Volume Incentive Program will…
Sentora split 50% Aave revenue, but suppliers absorb all losses
Aave DAO would own the contracts for a proposed Ethereum lending market, but Sentora would make the day-to-day decisions that shape its credit risk. In a governance proposal posted Sept. 28, the DeFi risk manager asks to operate an isolated Aave V4 Hub…
Hut 8 locks in $1B credit line, but faces 40% liquidity rules
Bitcoin miner Hut 8 announced on Sept. 28 that it had closed a four-year, $1 billion senior secured credit line. The facility gives the parent company room to borrow during site development and to back construction obligations with letters of credit. Its…