Crypto news
Digital assets, exchanges, stablecoins, regulation and enforcement — crypto news for the business.
Photo: © CoinDesk
CF Benchmarks launches CFB Oracle to deliver its pricing indices to blockchain applications
CF Benchmarks, owned by Kraken parent Payward, has launched CFB Oracle to supply its benchmark prices to onchain products. The service runs on Ethereum, HyperEVM and Robinhood Chain and competes with Chainlink and Pyth.CryptoCoinDeskPhoto: © CoinDesk
Bitcoin slips below $80,000 as AI fundraising draws capital; Ripple gets final nod for U.S. national trust bank
Bitcoin fell 0.6% to about $79,750 as investors turned toward AI after Meta's $95 billion raise and Anthropic's IPO filing. XRP rose 1% after Ripple won final approval to launch a U.S. national trust bank.CryptoCoinDeskPhoto: © CoinDesk
JPYC yen stablecoin reaches only a quarter of its first-year circulation target
Japan's yen-backed stablecoin JPYC has about 3.2 billion yen in circulation, well below its issuer's goal. CEO Noritaka Okabe blames issuance limits under funds-transfer rules and now targets tens of billions of yen in year two.CryptoCoinDeskPhoto: © CoinDesk
Keystone to destroy 18,835 unsold hardware wallets after website breach exposes customer data and key
Hardware wallet maker Keystone will scrap nearly 19,000 unsold devices and pause shipments after an Oct. 20 breach exposed buyer records and a fixed authentication key. The firm says recovery phrases and private keys were not affected.CryptoCoinDeskPhoto: © CoinDesk
Ethereum merges Glamsterdam fix for bug that could misdirect staking deposits to builders
Ethereum developers merged a change to the Glamsterdam upgrade after a researcher showed that pending validator deposits could be credited to a builder using the same public key. No losses have been reported, and the Hoodi test launch was postponed.CryptoCoinDeskPhoto: © CoinDesk
Zcash co-founder Sean Bowe proposes ending automatic funding for community grants program
Sean Bowe has drafted a Zcash proposal to stop the automatic ZEC allocation to Zcash Community Grants, arguing its treasury of roughly $125 million already covers years of spending. The change would need a network rules update.CryptoCoinDeskPhoto: © CoinDesk
Bitmine resumes share buybacks after 10-week pause while adding 10,452 ETH
Ethereum treasury firm Bitmine bought back 2.04 million of its shares for about $45.9 million last week and added 10,452 ETH, bringing its holdings to 4.95% of total supply, close to its 5% target.CryptoCoinDeskPhoto: © CoinDesk
South Korea considers fourth delay to crypto gains tax, pushing start to 2029
South Korea's presidential office is reportedly leaning toward postponing its crypto gains tax until 2029, citing the lack of U.S. trading data. The tax is still officially due to start on January 1, 2027.CryptoCoinDeskPhoto: © CoinDesk
Canada opens 60-day consultation on draft stablecoin rules, keeps ban on issuer yield
Canada has begun a consultation on draft regulations under its Stablecoin Act. The proposals keep the prohibition on yield, require non-bank issuers to hold reserves at Canadian institutions and cap redemption fees at 1%.CryptoCoinDeskPhoto: © CoinDesk
Derive trader builds $68 million bitcoin call position targeting $90,000 after U.S. midterms
A single wallet bought 800 bitcoin $90,000 calls on decentralized options platform Derive, the largest open BTC position on the venue. Market-implied odds of a $100,000 bitcoin by Christmas also rose.CryptoCoinDeskPhoto: © CoinDesk
Polymarket launches short-duration gold and silver 'Up or Down' markets, its first outside crypto
Polymarket now offers gold and silver price markets on its US and international platforms, with windows as short as 15 minutes. WTI and Brent crude oil markets are planned next.GamblingCryptoCoinDesk