EDX Markets Adds Bitcoin-Backed CBTC Trading for Canton Institutions
TL;DR: EDX Markets says it has partnered with BitSafe to introduce spot trading in CBTC, a Bitcoin-backed asset built for the Canton Network. The November 5 announcement describes the token's first centralized-exchange listing and an institutional marketplace where eligible clients can trade CBTC against US dollars. EDX Markets says it has partnered with BitSafe to…
SEC Charges BG Wealth and DSJ Exchange Over Alleged $130M Crypto Scheme
TL;DR: The SEC alleges BG Wealth and DSJ Exchange raised more than $130 million using false filings and trading claims. The civil complaint is an allegation, not a final judgment. The US Securities and Exchange Commission has brought a civil case against BG Wealth Sharing and DSJ Exchange, alleging that the businesses used official-looking filings…
HTX Ends UK Activity as FCA Secures Court Undertakings on Crypto Promotions
TL;DR: The FCA says HTX is no longer active in the UK following a settlement over financial promotions. The agreement does not constitute an admission of wrongdoing. The Financial Conduct Authority says HTX has ceased UK activity after a settlement in litigation over cryptoasset promotions. The October 29 announcement describes restrictions on attracting new UK…
KuCoin Announces Russia and Belarus Exit With Individual Account Deadlines
TL;DR: KuCoin says it is discontinuing all services for users in Russia and Belarus. Affected accounts will receive their own deadlines for closing positions and withdrawing assets. KuCoin has announced an immediate end to services for users in Russia and Belarus, while saying it will provide an orderly process for affected customers to close positions…
Polymarket Sets $3.9M Refund Plan After Third-Party Script Compromise
TL;DR: Polymarket says its October 29 incident involved a compromised monitoring script. Its October 30 update put total refunds at $3.9 million, including losses linked to the trading pause. Polymarket has published a more detailed account of the third-party compromise that disrupted its international platform on October 29. The update shifts the focus from whether…
Bitcoin Core 32.1 Arrives With Privacy Fixes and New Compatibility Checks
TL;DR: Bitcoin Core 32.1 introduces network, privacy and interface changes, while 31.2 and 30.4 provide maintenance updates. Operators need to check integrations as well as version numbers. Bitcoin Core’s late-October releases give node operators several upgrade paths, but the details deserve more attention than the version labels. The 32.1 release notes explain that 32.0 was…
ECB Picks Digital Euro Network Providers as Pilot Infrastructure Takes Shape
TL;DR: The ECB has selected two provider groups for digital euro connectivity. The contracts support pilot preparation and possible future issuance, without deciding whether the currency will launch. The European Central Bank has selected the network providers that would connect payment firms and central banks to the digital euro service platform. The October 30 decision…
Chainalysis Finds $443B MENA Crypto Economy as UAE Growth Outpaces Region
TL;DR: The United Arab Emirates was reported to have grown 32% to about $104.8 billion, while Türkiye remained larger at around $144.5 billion. The reporting period ends in June 2026, so its totals should not be presented as October market activity. Chainalysis reported roughly $443.3 billion in cryptocurrency value received across the Middle East and…
Bitcoin Slips Below $80,000 After Fed Holds Rates and Tech Shares Weaken
TL;DR: Bitcoin slipped below $80,000 in early October 29 trading as markets digested the Federal Reserve’s decision to leave rates unchanged and the accompanying hawkish dissent. The immediate market risk is a feedback loop between falling prices and leveraged positions being closed. Bitcoin slipped below $80,000 in early October 29 trading as markets digested the…
Bitwise Sees Bitcoin at $1.6 Million by 2036, but the Forecast Has Big Assumptions
TL;DR: Bitwise Asset Management has raised its long-range Bitcoin price projection to $1.6 million by 2036 in its 2027 capital-market assumptions. The headline will attract attention because it implies a dramatic rise from current levels, but the market should distinguish an investment thesis from a catalyst. Bitwise Asset Management has raised its long-range Bitcoin price…