Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

New York Attorney General Letitia James is asking a court to impose a $1.37 billion judgment on NovaTech founders Cynthia and Eddy Petion and their companies, including predecessor AWS Mining. The request comprises about $1.13 billion in disgorgement and $232.5 million in prejudgment interest. A court entered a default judgment against the founders in August 2025 after they failed to respond, but it has not yet set the amount. New York says the Petions have not provided investor records or a full financial accounting. The state alleges NovaTech ran a Ponzi scheme, promising weekly returns of 2% to 4% and using money from newer investors to pay earlier ones. Payment processor records cited in the filing show about $1.16 billion flowed into NovaTech from August 2019 to May 2023. Only about $26 million went to a trading platform, where trading activity reportedly lost $18.2 million. The state also says Cynthia Petion approved at least $134.5 million in withdrawals to wallets held by the couple; it separately seeks $4.7 million linked to AWS Mining. NovaTech collapsed in 2023, leaving investors unable to withdraw funds. More than 11,000 New Yorkers invested in NovaTech or AWS Mining. Four promoters have separately agreed to pay a combined $5.98 million for victims and are barred from the securities, commodities and cryptocurrency industries. That recovery is less than 0.5% of the requested judgment, and the state has not outlined how it expects to collect from the Petions. The case highlights crypto investment-fraud and restitution risks, but no specific cryptocurrency token is identified.

OpenAI researchers uncovered a critical Brotli vulnerability, CVE-2026-111497, also known as Node2Shell. The flaw is an out-of-bounds write in the compression library’s decoder that could let an unauthenticated attacker execute code using maliciously crafted compressed data. It has a CVSS score of 9.2 and may affect both client- and server-side applications. The Brotli vulnerability has prompted security updates across Node.js, Bun, Envoy and several Python packages. Node.js users should upgrade to versions 22.23.4, 24.22.1 or 26.12.1; Bun versions before 1.4.4 are affected. Proof-of-concept code has emerged, and Imperva researchers demonstrated reliable exploitation against affected Node.js builds, although there was no public evidence of widespread attacks as of October 23, 2026. Crypto traders are not directly affected by the software flaw, but exchanges, wallet services and other crypto platforms should check for vulnerable Brotli components, especially where they process untrusted compressed data. The incident highlights the cybersecurity risks facing software infrastructure used across the digital asset sector.

The article says Salvatore Ferragamo S.p.A. published a slide deck alongside its nine-month 2026 sales and trading statement call. It contains no sales figures, management commentary or other business details; the text is limited to a description of Seeking Alpha’s transcript team.

MLP SE published a slide deck alongside an event titled “Business Model Highlights and Strategic Growth Drivers.” The provided article contains no details from the presentation, financial figures, or specific growth plans, so their potential business impact cannot be assessed from this content.

CoreWeave (CRWV) has a reported $129.2 billion backlog, but the cloud computing company may struggle to turn those orders into revenue without substantial additional investment in data centres and infrastructure. The analyst argues that funding needs and debt costs are major risks: CoreWeave’s debt is reportedly trading at yields near 15%, while its long-term returns on invested capital remain uncertain. The company could generate positive operating cash flow if it stopped capital spending, but that would also threaten its ability to expand and meet demand. The article assigns CRWV a Hold rating and says a strong strategic partner may be needed to restore confidence among capital-market investors. For traders, the key issue is whether CoreWeave can finance growth and convert its backlog into profitable revenue.

Delphi Digital markets head Jason Pagoulatos said Papertrade was right to worry that freely transferable PAPER tokens could be targeted by price-manipulation attacks. But he called the project’s decision to rule out transfers after users deposited roughly $140 million “a bad look,” saying it changed the terms after users had committed funds. Papertrade, a high-leverage trading venue on Hyperliquid’s HyperEVM, launched on Oct. 10. Its initial plan listed token transfers as a later phase, but the team said on Oct. 19 it had no current plans to allow off-contract transfers. Users earn PAPER when they lose money and can stake the token to receive a share of fees. Pagoulatos said transferable PAPER could make coordinated attacks profitable, and noted that the team had already blocked positions linked to large Hyperliquid orders that moved ether’s price on launch day. He also said limiting leverage or pool size could undermine the platform’s appeal. Papertrade had distributed about $57 million to PAPER stakers through Oct. 21, according to DefiLlama. Pagoulatos said recent activity appeared more organic, but warned that retaining users who had hoped to farm and sell the token would be difficult.

The UK government has pledged £100 million for an AI biosecurity lab in partnership with OpenAI, Anthropic and Google DeepMind. The investment will support the UK AI Security Institute’s work to expand evaluations of frontier AI models and strengthen biosecurity testing, including red-teaming and safety research. The announcement has no direct cryptocurrency-market impact, though it adds to wider debate about AI oversight and technology-sector risk.

Papertrade XYZ says it will offer up to 1,000x leverage with no conventional trading fees. Instead of routing trades to the open market, it matches users against an internal liquidity pool, where losing traders’ funds pay winning traders. This setup may attract users, but it makes the platform a counterparty and raises the risk that payouts could be delayed if the pool lacks funds. Traders are also watching the project’s fully diluted valuation (FDV) after launch. Polymarket odds put the chance of Papertrade XYZ exceeding a $25 million FDV threshold at about 52%. The launch, trading volumes, technical performance, token transferability and liquidity pool health are key factors to monitor. The article does not identify a launch date or a token ticker.

Papertrade is facing criticism for keeping transfer restrictions on its PAPER token, despite attracting about $140 million in deposits. Delphi Digital analyst Jason Pagoulatos said making the token freely tradable could expose it to manipulation, since perpetual markets can be created quickly. He also called the decision to change the restrictions a “bad look.” Prediction-market odds of Papertrade’s fully diluted valuation exceeding $25 million one day after launch fell to about 52% YES, from 95% a week earlier. The debate over PAPER token security, transferability and governance may affect confidence in the project. Traders are watching for changes to restrictions, exchange listings and liquidity developments; the odds reflect market expectations, not a confirmed valuation.

Helus Pharma Inc. published a slide deck covering its clinical pipeline and Phase 3 strategies for novel serotonergic agonists being developed for mental health conditions. The supplied article contains no further details on trial timelines, results, or the company’s development plans. The update is focused on biotech and has no direct connection to cryptocurrency markets.

AddLife AB (publ) published a presentation alongside its 2026 Q3 earnings call. The available article contains no financial results, performance figures or business updates; it only identifies the presentation and notes that it was published in conjunction with the call. The item was provided by Seeking Alpha’s transcripts team. AddLife’s Q3 presentation is therefore the central subject, but the article offers no details that would allow readers to assess the company’s quarterly performance.

Aardvark Therapeutics reviewed efficacy and safety findings for ARD-101 in its Phase III HERO trial and open-label extension for hyperphagia in people with Prader-Willi syndrome. Both studies were stopped before reaching their planned enrollment or duration, so the company said the efficacy results should be considered exploratory. CEO Tien-Li Lee and Chief Medical Officer Manasi Jaiman presented the update, joined by trial investigator Lynne Bird. Aardvark also said it would provide an update on the FDA clinical hold, but the available article excerpt contains no further details. No specific efficacy or safety statistics are included in the excerpt.

Bit2Me Group has launched Bit2Me Bit2Shield, a specialist unit to support police, public bodies and banks with crypto seizures and investigations. Announced on September 8, 2026, the unit will provide on-chain tracing, forensic reports, training and institutional cold custody. Former Guardia Civil investigator Adrián Maroño will lead investigations. Bit2Me says the team handled more than €1.5 million in seized crypto during 2025, in work linked to Interpol, Europol and Spanish police. Bit2Shield plans to secure seized assets in isolated multisignature cold wallets until authorities authorize their disposal. If a court orders conversion to euros, Bit2Me’s MiCA-authorized provider Bitcoinforme will process the liquidation and send the proceeds to public accounts. The launch formalizes crypto seizure, custody and liquidation services for Spanish institutions. It is not a retail trading product, and its market impact is likely limited unless the model expands or affects the handling of major cases.

Glassnode and Fasanara Digital’s Q4 2026 institutional market report describes a changing bitcoin market: while crypto trading activity weakened for much of the past year, demand for stablecoin settlement, tokenized stocks and perpetual contracts tied to traditional assets continued to grow. An August short squeeze lifted bitcoin above three key on-chain cost benchmarks: the average cost basis of all tokens, actively circulating tokens and recent buyers. The report says holding above these levels is a sign of a healthier bull market, though sustained strength depends on keeping them as support. Traditional-asset perpetuals are also gaining ground on crypto platforms. In July 2026, trading across the five largest crypto exchanges totalled $2.28 trillion, around 11% of the $20.5 trillion turnover on US stock exchanges. On Hyperliquid, perpetual contracts for stocks, indices and commodities reached more than four-fifths of bitcoin perpetual trading volume, after first surpassing it in April. The report also examines macroeconomic conditions, on-chain capital flows, liquidity, derivatives, ETF flows and digital-asset treasury holdings. These developments point to expanding market infrastructure, but the report’s indicators—not the trading-volume comparison alone—will be important in assessing whether the bitcoin market recovery can last.

CoinDCX says it has credited users who sent crypto to deposit addresses deprecated after its July 2025 hack, and will absorb the resulting losses. The Indian exchange said its routine sweep of deposits to those addresses failed for a period, but did not disclose the duration, number of affected users or total loss. The update followed an on-chain transfer of about 15.8 million USDT from an address linked to the incident. Blockchain investigator ZachXBT questioned whether user deposits had been accounted for, but CoinDCX has not confirmed that the transfer was part of its losses. The exchange says its current user and central addresses, as well as customer assets held in segregated cold wallets, were not affected. CoinDCX advised customers to use deposit addresses shown in its app or website. It has not said whether it will continue reimbursing deposits sent to deprecated addresses.

Annaly Capital Management (NLY), a mortgage REIT, reported mixed third-quarter results on October 20, 2026. Its net interest spread increased, but book value fell 11% quarter over quarter. The shares trade at about a 3% premium to book value, which may leave limited room for investors seeking a discount. The article maintains a Hold rating, citing uncertainty over interest rates and the risk that sustained rate increases could further pressure book value and net interest income. Persistently high inflation, including rising energy costs, could keep rates elevated. For NLY investors, the balance between a wider spread and declining book value remains central.

WSFS Financial Corporation opened its third-quarter 2026 earnings call on October 23, 2026. CFO David Burg and Chairman, President and CEO Rodger Levenson hosted the call. Burg introduced the company’s forward-looking-statement risks and began discussing quarterly performance, but the provided transcript excerpt ends before any results, figures or outlook are disclosed. WSFS Financial’s key financial takeaways therefore cannot be assessed from this excerpt.

Sika reported 4.8% local-currency sales growth in the first nine months of 2026, accelerating from its midyear pace. Revenue reached CHF 8.7 billion. CEO Thomas Hasler said the company continued to outperform markets that remain muted and challenging amid ongoing uncertainty. CFO Adrian Widmer was expected to provide further details on currency effects and revenue trends during the call. The excerpt does not include additional financial guidance or results.

Moonshot AI has launched Kimi K3.1 Pro, a large language model with a one-million-token context window and expanded coding, 3D development, financial research and AI-agent capabilities. A Highspeed version is designed to run two to three times faster. Kimi K3.1 Pro scored 65.7% on Terminal-Bench 4.0, just below Claude Opus 5.5 at 66.4% and ahead of GPT-6 Astra at 58.2%. It also scored 61.2% on Moonshot’s long-horizon coding benchmark, up from 55.95% for Kimi K3. In a company test, Kimi K3.1 Pro’s hallucination rate per statement fell to 8.3%, from 23.4% for K3. The models are available through Moonshot’s platforms and API, with full model weights planned for release by November 4. The launch adds to competition in AI but has no reported direct impact on cryptocurrency prices or trading.

A ballistic missile launched by Yemen’s Houthi forces reportedly malfunctioned and struck a home in Nihm, east of Sanaa, killing a family and damaging a neighboring house, according to Yemeni military sources. The Houthi missile was reportedly fired from Ayal Sayyad but failed to stay on course. The incident has renewed concerns about missile-launch risks and civilian safety. The article also highlights prediction-market odds of 18.5% for Saudi airspace to be closed by 1 January 2027, and 22.5% for the Houthis to enter Aden by 31 December 2026. These figures reflect market expectations, not confirmed outcomes. Any escalation or response from Saudi authorities could affect regional risk sentiment.

Hyperliquid Strategies (NASDAQ: PURR), a digital-asset treasury company focused on HYPE, raised its share repurchase authorization from $30 million to $100 million. About $72 million remains available, and the board extended the program through October 31, 2027. The company may buy shares through open-market or privately negotiated transactions, but purchases are not guaranteed and may be suspended. The expanded buyback comes after PURR fell about 33% from its October 5 high, trading near $8.80. HYPE, Hyperliquid’s native token, was down more than 18% from its October peak near $95, at around $77. Bitcoin declined about 6% from its monthly high near $87,000. The figures show that both PURR and HYPE have underperformed Bitcoin this month. The buyback may support demand for PURR shares, but it does not directly commit the company to buying HYPE.

Singapore’s BLOOM initiative has expanded, with the central banks of Malaysia and Thailand joining efforts to develop common standards for cross-border stablecoin and tokenized-deposit payments. The Monetary Authority of Singapore says the work will cover acceptance, exchange and settlement, alongside interoperability and programmable safeguards such as identity checks and sanctions screening. BLOOM has also added nine participants, including Mastercard, Visa, Ripple and the World Bank Group, bringing its industry roster to 24. Other participants include Circle, Coinbase, DBS, J.P. Morgan and Standard Chartered. Maybank joined with Malaysia’s central bank, while Thailand’s Kasikornbank was already involved. The expansion gives financial institutions and regulators a broader forum to develop cross-border digital-money arrangements. It does not approve any token for use in Malaysia or Thailand, create a shared licence, or announce a settlement service or launch date. Malaysia is testing ringgit stablecoins and tokenized deposits and plans clearer guidance by the end of 2026; Thailand is consulting on rules for baht-backed stablecoin issuers and wallet providers. For crypto traders, BLOOM is a regulatory and infrastructure development rather than an immediate catalyst for stablecoin prices.

JPMorgan Asset Management has made two tokenized money market funds available to qualified U.S. investors on Solana through its Morgan Money platform: My OnChain Net Yield Fund (MONY) and JPMorgan OnChain Liquidity–Token Money Market Fund (JLTXX). Investors can subscribe and redeem through the platform, with fund interests represented at blockchain addresses. The Solana launch extends access to existing strategies rather than creating new investment products, and adds to competition from tokenized Treasury and money market offerings already on the network. MONY is a private placement with eligibility restrictions. JLTXX is a registered U.S. government money market fund intended for cash management. Both have a $1 million opening minimum, according to their fund materials. Neither is a bank deposit or FDIC-insured, and a stable $1 share value is not guaranteed. Official ownership records remain in the funds’ investor registers, not on-chain token balances; JLTXX also requires approved wallet addresses. JPMorgan has not disclosed assets or detailed operating arrangements for the Solana deployment. Adoption and transaction volumes will show whether tokenized money market funds on Solana gain meaningful institutional use.

Polymarket reportedly fired chief marketing officer Matthew Modabber after an internal review, according to The New York Post, which cited unnamed sources. The company has not confirmed his departure, and a separation agreement is reportedly under discussion. Modabber had held the role since January 2024 and is a close friend of CEO Shayne Coplan. The review reportedly examined a campaign featuring staged testimonials about trading profits and influencer payments that may not have been disclosed as paid promotions. The campaign prompted a Commodity Futures Trading Commission (CFTC) investigation, which remains ongoing; no wrongdoing has been established. Sources said the board believed Modabber was hindering efforts to improve Polymarket’s image as it considers a possible IPO. Coplan initially resisted the move, the report said. The reported leadership change adds reputational and regulatory uncertainty for Polymarket, but the platform has no widely traded token whose price is directly affected.

ORIC Pharmaceuticals said it had released updated data from its ongoing Phase Ib study of enozertinib in first-line non-small cell lung cancer (NSCLC) patients with atypical EGFR mutations. The company discussed the treatment’s clinical data and commercial opportunity during a program update call on October 23, 2026. CEO Jacob Chacko and other company executives took part. The provided transcript excerpt does not include specific efficacy or safety results, so it is not possible to assess the data’s clinical significance from the available information. Enozertinib is an investigational drug, and the study remains ongoing.

An Seeking Alpha analysis maintains a Buy rating on GXO Logistics (GXO), while lowering its price target and removing expected share repurchases from its valuation assumptions to preserve balance-sheet flexibility. Softer third-quarter revenue and earnings expectations reflect cautious sentiment, but consensus still points to mid-single-digit growth and no full-year shortfall. GXO’s guidance range was tightened without an increase to its midpoint. The analyst expects margins and cash conversion to improve as integration benefits emerge, contract quality improves and the company shifts from acquisitions towards operational optimisation. The article estimates 23%–48% potential upside, while noting that macroeconomic risks remain.

AppFolio (APPF) has rallied about 30% since June, recovering earlier losses. The article’s author, Gary Alexander, downgraded the stock to neutral and suggested investors consider trimming positions and taking profits, arguing that expected growth is now reflected in the valuation. AppFolio’s fundamentals remain solid: revenue grew 19%, pro forma margins reached 27%, dilution was minimal, and the company met the Rule of 40 benchmark. However, high interest rates and slower expansion in units managed could limit further growth. The author also says AppFolio now trades at higher valuation multiples than major software-as-a-service peers. The article concerns a US-listed software company and does not report a cryptocurrency or blockchain development.

Rising oil prices and uncertainty over artificial intelligence spending weighed on US stocks, extending the Nasdaq’s decline for a second week. On Friday, the S&P 500 fell 0.52%, the Dow Jones Industrial Average lost 1.23%, and the Nasdaq Composite slipped 0.21%. WTI crude settled at $103.27 a barrel, up 3.8%, as conflict in the Middle East pushed oil prices to their highest level since April. The VIX hovered near 20, signaling continued market unease. Attention now turns to the Federal Reserve’s rate decision and a busy earnings calendar. Markets assign a 90.6% chance that the Fed will hold rates at 3.75%–4.0%, while the probability of a 25-basis-point December hike has eased to 70.7%. About one-third of S&P 500 companies report next week, including Alphabet and Microsoft on Wednesday and Amazon on Thursday. Their results may clarify AI infrastructure spending and productivity. Higher oil prices, interest-rate expectations, and corporate earnings are key factors for traders to watch.

China’s 15th Five-Year Plan for informatization sets 2030 as the target to largely complete a national blockchain network, connecting a central backbone with regional hubs and distributed digital identity services. It outlines blockchain uses in logistics, shipping, trade, finance, manufacturing, agriculture, government services, taxation and carbon reduction, while promoting privacy-preserving computing, data security and blockchain standards. The plan also covers the digital yuan and broader technology priorities, including computing infrastructure, 6G, satellite internet and artificial intelligence. However, it provides no transaction target or timetable for linking the digital yuan to the blockchain network, and announces no budget or annual construction schedule. It does not authorize token trading, specify a native cryptocurrency or explain investor access. The infrastructure push signals government support for blockchain development, but does not indicate a change in restrictions on crypto trading, yuan-pegged stablecoins or real-world asset tokenization.