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CFTC sues Cash FX, alleges $950M crypto-linked forex scheme
CFTC sues Cash FX, three individuals in crypto-linked case

OG.com seeks CFTC approval for single-stock perpetual futures
OG.com filed with the CFTC to offer single-stock perpetual futures, joining Coinbase, Kalshi and Kraken parent Payward in a growing US push.

Ex-CFTC leader to leave Blockchain Association after CLARITY vote fails
Former Blockchain Association CEO Kristin Smith will return as an interim leader for the cryptocurrency advocacy organization after Summer Mersinger announced her departure.

Former Hack VC partner Hsin-Ju Chuang’s death ruled a suicide
Hsin-Ju Chuang, a former Hack VC partner and founder of Dystopia Labs who previously worked at Stellar and Solana, has died at age 37.

Bitget clarifies $388M in assets affected by security breach
The Bitget security breach, now estimated to have affected about $388 million in crypto, is one of the largest hacks to impact the industry since Bybit in 2025.

Strategy seeks shareholder approval for daily preferred stock dividends
Strategy plans to bring daily payouts to its preferred stock lineup, with STRC expected to adopt the new schedule first in November.

Crypto Biz: Wall Street and crypto fight for the same turf
Binance invests $100 million in Circle as Canadian banks test tokenized deposits and NYSE works with Blockchain.com on tokenized U.S. stocks.

Exchanges reporting crypto gains to IRS becomes tax nightmare
The IRS has implemented new crypto reporting rules for exchanges, but the 1099-DA has quickly become a tax nightmare for some traders.

SlowMist has yet to confirm crypto theft from iPhone Safari attack
SlowMist says the iPhone Safari campaign reuses the DarkSword exploit chain, with its strongest technical evidence covering iOS 18.4 to 18.6.2.

IBIT options price trading more calmly after Bitcoin rebound
Saxo says IBIT options are pricing smaller swings after Bitcoin’s rebound, with implied volatility at 37.4% compared with realized volatility of 45.5%.

Magic Eden scare puts 3,832 NFTs in whitehat protective custody
A whitehat moved 3,832 NFTs from hundreds of wallets amid concerns over a potential Magic Eden vulnerability, with Yuga Labs saying the assets are safe.

KelpDAO sues LayerZero, CEO over $292M rsETH bridge exploit
KelpDAO has sued LayerZero over the $292 million rsETH bridge exploit, alleging security failures contributed to the attack.

Samourai Wallet co-founder faces new transfer after 30-day ordeal
Keonne Rodriguez described a 30-day federal prison transfer and says another move looms after his treatment program was deactivated.

Researchers propose Zcash-style private Bitcoin transfers without a soft fork
Researchers at Alloc Init proposed Shielded Bitcoin, a system for Zcash-style private Bitcoin transfers without requiring a soft fork.

Bitget CEO suspects North Korea behind $352M hack, citing IP clues
Bitget CEO Gracy Chen said North Korean hackers may be behind its $351.6 million breach after investigators linked IP addresses to VPN services used by a DPRK group.

Asia dominates Crypto Adoption Index, Bitget’s $351M hack: Asia Express
Asia-Pacific countries account for nine of the top 20 destinations for crypto adoption, while BitGet suffers a massive $351 million hack. Asia Express.

Fed proposes new capital, redemption rules for stablecoin issuers
The Federal Reserve proposed new capital, redemption and disclosure requirements for stablecoin issuers as it moves to implement the GENIUS Act.

Bitget confirms $352M security breach, suspends withdrawals
Bitget paused withdrawals after detecting unauthorized hot wallet transfers, with CEO Gracy Chen promising a full incident report within 24 hours.

Bitcoin price steadies, ONDO rallies as US Treasury yields hit 2007 highs
Bitcoin trades near $84,000 as the US 10-year Treasury yield hits its highest level since 2007, while Ondo’s ONDO token rallies to reclaim $0.50.

DoubleZero brings dedicated fiber market data to Hyperliquid traders
DoubleZero’s new market data feed gives professional trading firms access to Hyperliquid’s order book over dedicated fiber as onchain trading infrastructure increasingly resembles traditional markets.

Crypto treasury model loses its edge as stock premiums fade: DWF
DWF says the premium that powered the crypto treasury boom has faded as Sequans sells its remaining Bitcoin and exits the strategy.

Sequans exits Bitcoin treasury strategy after selling remaining 314 BTC
France-based semiconductor firm Sequans sold its remaining 314 BTC, completing the unwind of a Bitcoin treasury that once held more than 3,200 BTC.

SoFi tie-up shows stablecoins can provide alternative blockchain settlement rail
SoFi has begun settling Mastercard card transactions using its SoFiUSD stablecoin as it moves a program expected to process more than $25 billion in annualized volume onto blockchain-based settlement.

Solana Foundation hires ex-Binance CMO and payments exec as new partnerships expand
Former Binance CMO Rachel Conlan joins Solana Foundation as strategy chief, while Jamal Raees takes over payments with a focus on stablecoins and tokenized deposits.

