Author: James Wilson
The US Office of the Comptroller of the Currency has identified bank policies restricting digital asset businesses in a 47-page review of nine major banks, but has been unable to measure the full extent of debanking. Summary Nine major banks were reviewed, but the OCC could not quantify debanking across the financial system. Digital asset issuers, exchanges and administrators faced restrictions often linked to financial crime concerns. The report provided no specific examples of debanking tied to digital asset activities. The review followed President Donald Trump’s August 2025 executive order against unlawful debanking. The Office of the Comptroller of the…
Brooklyn prosecutors and the FBI have shut down 241 websites and seized 112 servers linked to an alleged Eastern European crypto scam network accused of stealing tens of millions of dollars from Americans. Summary 241 websites and 112 servers were disrupted during an operation carried out last week. Prosecutors said the network targeted Russian-speaking Americans through fake investment offers and recovery promises. About $300,000 in stolen funds has been seized, according to the district attorney’s office. No arrests were made during the operation, which followed a three-year investigation. The Brooklyn District Attorney’s Office announced on Oct. 14 that its Virtual…
Evernorth has selected Ripple, Kraken, Coinbase, and BitGo to support investment strategies using its 473 million XRP treasury, with initial deployment planned for the fourth quarter of 2026. Summary 473 million XRP forms the treasury from which Evernorth plans to deploy investment capital. Four institutional partners will support the company’s XRP accumulation and investment activities. XRP Ledger lending strategies will depend on validator activation and a proven production record. Chief investment officer Hugo Jeandesboz will oversee allocation, liquidity and counterparty relationships. Evernorth announced on Oct. 14 that it plans to generate earnings from its holdings while continuing to accumulate XRP,…
Bitcoin has remained exposed to another inflation-driven selloff, analysts have warned, after an $811 million crypto liquidation wave left market-wide open interest down only about 2% at $140.9 billion in their pre-CPI assessment. Summary $140.9 billion in crypto open interest remained after the selloff, according to Bitget Research’s briefing. Nansen reported $175.7 million in Bitcoin ETF inflows on Oct. 13 after recent withdrawals. Bitget Wallet’s Lacie Zhang warned that sticky core inflation could challenge expectations for Fed policy. Zhang identified $81,000–$82,000 support and a sustained $84,500–$85,000 breakout as levels to watch. Ryan Lee, chief analyst at Bitget Research, warned in…
Aptos price has slipped below $0.80 following its recent rally, with weakening daily momentum and a bearish weekly trend putting the $0.76–$0.78 support area in focus after its investor vesting cycle ended. Summary APT traded near $0.795 on Oct. 14, with its daily candle showing a 4.99% decline. Daily MACD recorded a bearish crossover, while Chaikin Money Flow slipped below zero. Weekly Supertrend remained bearish at $0.9652, above the token’s current trading price. Scheduled monthly releases fell to approximately 4.54 million APT after investor and contributor vesting ended. TradingView’s Binance APT/USDT daily chart showed Aptos trading at $0.7951 on Oct.…
CryptoQuant says several key on-chain and demand indicators have entered bullish territory following Bitcoin’s 24% rally, suggesting that the cryptocurrency may be in the early stages of a new bull market. Summary CryptoQuant’s Bull Score Index climbed from 30 to 80 following Bitcoin’s 24% rally, with eight of its 10 underlying indicators showing bullish signals. Bitcoin cloud mining allows users to access remote computing power without purchasing mining equipment or managing electricity, cooling and maintenance. SHRMiner offers cloud mining contracts lasting between 1 and 50 days, with pricing and estimated daily rewards varying according to the selected plan. New users…
Standard Chartered has begun offering Bitcoin and Ether trading through existing bank accounts to Professional Investor clients in the UAE. Customers do not need a separate wallet, and the bank says it will handle custody and settlement within a closed loop system. The convenience has a defined boundary: the announcement explains how customers can buy and sell inside the bank but does not specify whether they can withdraw coins to a wallet they control. Summary Standard Chartered launched BTC and ETH trading for UAE Professional Investor clients on October 14. Eligible customers buy and sell through existing bank accounts rather…
Cryptocurrency exchange BitMEX has been named in a £20 million lawsuit filed by British software engineer Lewis Barber, who alleges the company offered unauthorized derivatives trading to UK customers between 2018 and 2022. Summary BitMEX faces a £20 million lawsuit from British software engineer Lewis Barber over cryptocurrency trading losses. Barber alleges BitMEX offered regulated derivatives without authorization from Britain’s Financial Conduct Authority during trading activities. The claim seeks Bitcoin lost between 2018 and 2022, relying on UK financial services legislation. BitMEX said the legal claim had not been served on its operating company, HDR Global. U.S. authorities fined BitMEX…
Optimism (OP) has surged 9.17% to $0.1511 over the past 24 hours, extending its weekly gains to 25.47% as Uniswap prepares to move Unichain’s production operations to Optimism through OP Enterprise. Summary Optimism rose 9.17% in 24 hours as Unichain prepared to transfer production operations to Optimism. Uniswap scheduled Unichain’s OP Enterprise testnet migration for October 13 and mainnet migration October 29. OP traded near $0.1511 with $232.25 million in daily volume and 25.47% weekly gains recorded. Unichain will retain existing contracts, balances, chain identification, and Uniswap deployments following the scheduled migration. Technical indicators placed immediate resistance near $0.16, with…
An Ethereum wallet associated with sven.eth has reportedly lost 9.1231 ETH, valued at approximately $22,770, and 1.69271471 TAPEETH tokens after an attacker used a malicious EIP-7702 authorization to gain control of the account. Summary Security firm ExVul reported that an Ethereum wallet lost 9.1231 ETH through malicious account delegation. The reported attack involved 1.69271471 TAPEETH tokens alongside Ethereum valued at approximately $22,770 at detection. A sponsored EIP-7702 transaction reportedly enabled attacker controlled code to execute through the victim’s wallet. ExVul attributed the theft to malicious wallet authorization, not a vulnerability in PodMining or TAPEETH. The security firm warned that the…