HKMA partners up with Brazilian central bank to test cross-border tokenization

The Hong Kong Monetary Authority (HKMA) announced a new partnership with Banco Central do Brasil (BCB) to advance cross-border tokenization initiatives, joining their respective digital currency infrastructures to conduct experimental transactions under... Read more »

FTX reaches $228 million settlement with Bybit amid bankruptcy efforts

FTX has reached a $228 million settlement with crypto exchange Bybit and its affiliates, concluding a lawsuit filed in Nov. 2023 that sought to recover approximately $1 billion in assets. The agreement... Read more »

Coinbase developer launches new tool to help users build AI agents in minutes

Coinbase developer Lincoln Murr announced the launch of a new tool called ‘Based Agent’ in an X post on Oct. 26. According to Murr, the tool will allow users to build an... Read more »

UK central bank leader reassures cash’s place with rising Britcoin

Amid growing fears that Britcoin, the UK’s central bank digital currency (CBDC), is going to supplant cash, Bank of England (BOE) governor Andrew Bailey said that the central bank will continue to... Read more »

Vitalik Buterin says The Purge can help reduce Ethereum’s complexity and storage requirements

One of the problems of Ethereum, or any blockchain, is that it grows in size over time. This means an increase in the complexity of its code and its storage requirements. A... Read more »

Solana registers new all-time high in daily transaction-related fees

Transaction-related fees on Solana (SOL) surpassed $11 million on Oct. 24, marking a new all-time high, according to Blockworks Research data. The metric is called “real economic value” (REV), which includes transaction... Read more »

Polymarket CEO says platform is strictly ‘non-partisan’ in response to NYT article

Polymarket CEO Shayne Coplan responded to a recent New York Times article that scrutinized the platform, clarifying key points about its non-partisan stance and transparency. The article described Polymarket as a “crypto... Read more »

Cardano unlocks Bitcoin liquidity with BitcoinOS Grail Bridge integration

Cardano has integrated with the Bitcoin ecosystem through BitcoinOS’s Grail Bridge, unlocking the top digital asset’s substantial liquidity for its DeFi ecosystem. On Oct. 24, BitcoinOS explained that the move would expand... Read more »

US government-linked address likely exploited for over $20 million in crypto

A hacker may have stolen over $20 million worth of crypto, including stablecoins and Ethereum (ETH), from a US government-controlled wallet connected to the infamous 2016 Bitfinex hack. The suspicious transfers occurred... Read more »

El Salvador president Nayib Bukele donates 2 Bitcoin towards building 1,000 schools in Honduras

El Salvador’s President Nayib Bukele has donated two BTC, valued at approximately $133,000, to support the construction of 1,000 schools in Honduras, according to an Oct. 24 X (formerly Twitter) video. In... Read more »