Author: James Wilson
Investors in the collapsed Altura stablecoin vault have alleged that approximately $32 million remains unaccounted for four months after the protocol began winding down, with a UK legal dispute raising new questions about the location of customer funds. Summary Altura investors allege approximately $32 million remains unaccounted for four months after the stablecoin vault shutdown. An investor source claims Altura circulated misleading Allica Bank screenshots showing approximately £16.4 million in funds. The source cites UK case BL-2026-001127 and alleges freezing and disclosure proceedings against Altura and Arora. Investors claim funds passed through multiple UK banks, although transaction records have not…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. In 2026, the world of cryptocurrency mining is no longer limited to expensive hardware setups and high electricity bills. Thanks to cloud mining platforms, anyone can now earn digital assets without purchasing or maintaining mining equipment. If you’re interested in Bitcoin or other cryptocurrency mining but don’t have the budget for costly mining rigs, cloud mining offers an affordable and hassle-free alternative. Not sure which cloud mining app to choose or how to get started? This beginner-friendly guide will…
Janus Henderson and Centrifuge have launched a fund tied to the Nasdaq-100 on Stellar, putting a licensed equity benchmark into a blockchain-native investment product. JQQQ is a share of a British Virgin Islands segregated portfolio available only to eligible investors outside the United States. Its owner gets exposure through that fund, not stock in the index’s companies and not an unrestricted claim to trade or redeem at any hour. Summary Janus Henderson and Centrifuge announced JQQQ on October 27 as an issuer-sponsored fund seeking to track the Nasdaq-100 Index. The fund is a segregated portfolio of a British Virgin Islands…
Moody’s has assigned Ripple’s RLUSD stablecoin an A2 long-term and Prime-1 short-term deposit rating, bringing its new credit assessment framework to a dollar-backed token issued on the XRP Ledger and Ethereum. Summary Moody’s assigned RLUSD an A2 long-term rating and its highest short-term grade, P-1. The rating covers RLUSD issued by Standard Custody on XRP Ledger and Ethereum. Reports describe 103% reserve coverage, with BNY serving as the primary reserve custodian. RLUSD’s rating coincides with new banking relationships and approximately $2.5 billion in circulating supply. S&P has assessed USDC and USDT, but its stablecoin scores differ from Moody’s deposit ratings.…
Three Bitcoin whales have transferred a combined 6,168 BTC worth approximately $498.5 million to Coinbase Prime at a time when Bitcoin price continues to struggle. Summary Three Bitcoin whales deposited a combined 6,168 BTC worth approximately $498.5 million into Coinbase Prime overnight, according to blockchain analytics firm Lookonchain. Arkham Intelligence reported that another whale transferred 438.37 BTC worth $35.38 million to Coinbase Prime, 16 months after withdrawing 615.4 BTC at an average price of $105,271. The wallet tracked by Arkham still holds approximately 177 BTC worth $14.31 million, while its original Bitcoin position has lost more than $15 million in…
Core DAO’s early contributors Rich Rines and Brendon Sedo have stepped down from their roles in the DAO as the Bitcoin-focused blockchain transfers more responsibilities to independent validators and community members. Summary Core DAO early contributors Rich Rines and Brendon Sedo have stepped down from their roles. Core DAO said independent validators have already taken over block production, while community operators are expected to assume more responsibility for development and network decisions. The departures follow an earlier validator reward incident that prompted an emergency hard fork after some validators received more CORE tokens than permitted by the protocol. In an…
The Commodity Futures Trading Commission and the U.S. government have sued Utah over its enforcement against prediction markets, bringing the agency’s state jurisdiction challenges to 10. Summary Utah faces a federal lawsuit seeking to block state enforcement against federally regulated event-contract markets. Federal lawyers want protection covering registered exchanges, their affiliates and partners involved in covered transactions. Nine other states appear in the complaint’s list of earlier CFTC preemption actions. Kalshi’s separate appeal remains pending after Utah won an August ruling on gambling-law enforcement. The CFTC’s Oct. 27 announcement said the lawsuit seeks to stop Utah from using state law…
Midnight has passed one million mainnet transactions, with Input Output Group announcing the milestone after Midnight Explorer reported a total of 1,019,963 on Oct. 27. Summary Midnight Explorer reported 1,019,963 cumulative transactions, with Input Output Group amplifying the milestone on Oct. 27. Daily transactions reached 47,714 on Oct. 26, compared with 128 recorded on Sep. 27. Permissionless smart contract deployment went live in September, allowing developers to deploy directly to mainnet. Neither milestone post disclosed active-address counts or a breakdown of the applications behind the transactions. Input Output Group said Midnight mainnet had passed one million transactions in an Oct.…
Polymarket has faced renewed CFTC scrutiny over whether it honored the U.S. access restrictions tied to its $1.4 million settlement in 2022, according to Reuters. Summary Regulators are examining whether Polymarket sufficiently restricted American access to its offshore prediction market. The reported review includes advertising, location controls and safeguards on the separate U.S. platform. Federal authorities closed earlier investigations without charges in 2025, without publicly explaining their decisions. The 2022 order required noncompliant markets to close and customers to receive access to redemptions. Reuters reported on Oct. 27, citing two people familiar with the matter, that the review covers the…
Lynq and ZeroBeta have connected institutional borrowing and trading margin to tokenized U.S. Treasuries on Avalanche, allowing eligible pledged holdings to keep earning interest. Summary Institutions can use eligible Treasury holdings for secured borrowing and digital asset trading margin. BlueShift monitors collateral requirements and instructs Lynq to pledge, top up or release assets. Lynq reports more than $89 million in platform assets and over 40 institutional firms onboarded. The announcement does not identify initial integration users or disclose the value of pledged collateral. Lynq’s announcement, published Oct. 27, describes an integration between its settlement network and ZeroBeta’s BlueShift risk platform,…