Crypto News

The Reserve Bank of New Zealand (RBNZ) surprised markets by holding its policy rate at 2.75% in a split 4-3 vote. The New Zealand dollar fell about 1.4% after the decision, while markets had priced in roughly 23 basis points of tightening. Although a rate hike in December remains possible, the RBNZ’s signal was seen as dovish, putting market expectations for further tightening at risk. The news may add pressure to the NZD against commodity-linked currencies, though the undervalued NZD/USD could see some near-term relief.

Pimco reduced its exposure to debt tied to Meta and Oracle data centre projects as the AI bond market cooled, while still making a profit on some holdings. The asset manager sold about $3 billion of Meta-related bonds six to eight months after buying them, at prices above face value. Filings show its positions in both the Meta and Oracle financing deals are now about 50% smaller than before. Oracle-linked bonds fell from 98.7 cents at issuance to around 88 cents. Pimco has also passed on several large AI-related debt deals, including transactions involving Broadcom and Anthropic, SoftBank’s roughly $11 billion junk-bond issue, and some Oracle data-centre loans. It nevertheless invested about $4 billion in a SpaceX financing to support the company’s AI expansion. Pimco’s moves point to more selective lending as AI infrastructure borrowing grows and the AI debt market faces a pullback.

Avail has launched ShieldTX, a privacy tool for Hyperliquid traders. ShieldTX creates a separate wallet for each perpetual-futures position, making it harder for on-chain copy-trading bots to link trades and replicate strategies. The tool aims to reduce the execution costs that can arise when traders are copied. Research shared by ShieldTX with The Block analyzed 332,317 Hyperliquid wallets and examined seven top-100 traders alongside suspected copycat wallets. It estimated that copied traders faced a median additional cost of 63 basis points per trade due to execution-price effects. About 29% of Hyperliquid’s top 150 accounts use subaccounts, but those wallets may still be linked on-chain. ShieldTX adds another privacy option for Hyperliquid traders, though the reported figures are estimates from a limited sample.

Solflare has suspended staking rewards after a security incident involving keys held by its third-party staking provider disrupted its Solana validator. About 1.56 million SOL is delegated to the validator, which was marked delinquent and recorded no vote credits in epoch 1070. Solflare says users’ funds remain safe: delegated SOL stays in users’ accounts and is controlled by their keys, with no reported losses or unauthorised transfers. The company plans to move staking to a replacement validator and provide an in-app migration guide. Rewards will resume only after delegations become active on the new validator. Solflare is developing compensation for users who migrate, but has not announced terms or a migration date. The incident affects SOL staking yields, not reported ownership or custody of the tokens.

CoinDCX confirmed a $15.99 million loss, reportedly in USDT, after an automated transfer process failed and deposits continued accumulating at deprecated wallet addresses. The exchange said users kept sending funds to old addresses after they were retired following a July 2025 security breach that caused about $44 million in losses. On-chain investigator ZachXBT highlighted activity at a disputed address, including deposits reportedly made as recently as April and May 2026, after CEO Sumit Gupta initially suggested reports of suspicious outflows could be a false alarm. CoinDCX says it will absorb the loss and that customer balances, active wallets and trading systems were unaffected. The exchange has not identified who moved the funds or disclosed all technical details, but acknowledged it could have communicated more proactively. The incident underscores legacy-wallet, deposit-monitoring and operational risks at crypto exchanges; CoinDCX says customer funds remain accounted for.

Hyperliquid has unstaked 180,000 HYPE to fund monthly token unlocks for team members. The report did not identify the buyer involved in an earlier over-the-counter transaction. The HYPE unstaking and team unlocks add a potential source of token supply, but the article does not say whether the unlocked tokens will be sold.

Hong Kong-regulated gold token XAUa launched on Sui on October 28, 2026, expanding beyond its earlier issuance on Ethereum. Each XAUa represents one gram of 99.99% pure, LBMA-certified gold held by Brinks in Hong Kong. AlphaToken issues the token, while TBook manages on-chain distribution to eligible buyers. Sui’s Permissioned Asset Standard (PAS) checks transfers against compliance rules and rejects transactions that fail validation. TBook has also rebuilt and migrated its vault issuance platform to PAS, allowing other real-world asset (RWA) issuers to create compliant vaults on Sui. The launch adds a gold-backed RWA use case to Sui, but restricted access may limit liquidity and reach. It is a development in tokenization rather than a clear near-term price catalyst for SUI.

Bank of America clients withdrew $3.5 billion from US stocks last week, marking a second consecutive week of net outflows, after selling $15 billion the week before. Bank of America analysts Jill Carey Hall and Trey Brown said retail investors were the main drivers of the selling. The communication services sector—which includes telecom companies and media and technology firms such as Meta—saw its largest weekly outflow since records began in 2018. Industrials had the second-largest outflow and recorded net withdrawals for a 13th straight week. The figures point to continued pressure on US stocks, particularly in communication services and industrials. US stock outflows may also influence crypto trading if investors broadly reduce exposure to risk assets, though the report provides no direct data on cryptocurrency flows.

Ripio filed for a Brazil crypto broker license with the central bank on October 27, three days before the October 30 deadline for existing operators. The Argentine firm is seeking approval for crypto intermediation and custody, as well as authorization to operate in the foreign exchange market. CEO Sebastian Serrano said Ripio would make the changes needed to comply with the rules; the company has served Brazilian customers since 2015. Ripio has begun converting customer balances in Brazilian reais into its wBRL stablecoin and plans to discontinue some services, including Pix deposits, by October 29. At least 14 to 16 firms have publicly applied under Brazil’s new virtual asset service provider framework. Applicants face minimum capital requirements of R$10.8 million to R$37.2 million, depending on their activities, and filing does not guarantee approval.

An Avalanche Tranche Vault exploit drained about $1.01 million in USDC on Oct. 27, according to security firm Blockaid. The attacker reportedly used a flash loan to mint inflated tranche shares, then redeemed them for the USDC held by the vault. Blockaid estimated the loss occurred across roughly two transactions and said the attack was ongoing. The vault was linked to Valinor Digital and Fence Finance, but its operator was not identified; neither company had commented publicly at the time of reporting. It remained unclear whether the vault had been paused, whether funds could be recovered or how many depositors were affected. The Avalanche vault exploit highlights ongoing DeFi security risks on the network, although its direct effect on AVAX may be limited unless the incident signals broader vulnerabilities. Traders may watch for updates from the firms and any signs of spillover into other Avalanche protocols. The incident follows the 2023 flash-loan attack on Platypus, which resulted in losses of about $8.5 million.

Bitcoin mining is getting tougher as network hashrate nears 1,100 EH/s and difficulty sits at about 140.6 trillion. The next adjustment, expected on October 29, could raise difficulty by 6.3% to nearly 150 trillion. With mining costs again exceeding Bitcoin’s price, operators are exploring new revenue streams and ways to use mining’s excess heat. Tether has introduced its open-source Mining Development Kit (MDK), designed to connect mining and AI hardware, pools and other systems through a shared framework. Fifteen firms, including Bitdeer, Bitmain, Canaan, MicroBT and several mining pools, have pledged to explore integrations. The commitments are non-binding, and a stable 1.0 release is expected by year-end, so broad adoption remains uncertain. Separately, Heatbit is taking preorders for Bitwater, a 600-watt water-heater element that combines Bitcoin mining hardware rated at 34 TH/s with water heating. It costs $899 for preorder, with shipping expected in Q1 2027. The launch highlights attempts to improve mining economics, but returns will depend on electricity costs, usage and mining conditions.

Google Cloud is testing a preview-stage multi-party computation (MPC) custody service for institutions, adding a new option for securing Bitcoin and other digital assets. MPC distributes transaction-signing authority across separate environments, so no single participant holds the complete private key. Institutions can also set transaction limits, restrict destinations and require multiple approvals. Google says it is already using the technology to secure unspecified assets on Ethereum and Solana, while its latest documentation highlights Bitcoin support and rules for checking transaction amounts, destination address types and change outputs. The service is provided as is, with potentially limited support; Google has not confirmed a full launch date or pricing. Earlier plans targeted commercial availability in early 2027, but the preview documentation does not establish whether that timeline has changed. Google has not named its financial-institution testers. The update came ahead of its 28 October 2026 MPC Symposium in New York, where speakers are expected from Morgan Stanley, Citi, Wells Fargo and OKX. The service would place Google Cloud in competition with institutional custody providers such as Fireblocks, Fordefi and BitGo. MPC can reduce reliance on a single private key, but it does not eliminate risks from compromised key shares, administrator access or recovery procedures. For Bitcoin traders, the development may support confidence in institutional custody over the longer term, but the preview-stage rollout and lack of confirmed adoption make any near-term price effect uncertain.

US natural gas production is forecast to reach a record 112.2 billion cubic feet per day (Bcf/d) in 2026, up from 107.6 Bcf/d in 2025, according to the US Energy Information Administration. Output is projected to rise further to 116.1 Bcf/d in 2027, while expanding production in the Permian Basin and Haynesville shale supports growth. US LNG exports are expected to average 17.6 Bcf/d in 2026, about 17% higher than in 2025, and increase to 18.6 Bcf/d in 2027. The rise comes as European gas prices approach €100 per megawatt-hour. EU storage was about 74.9% full on October 26, below 82.9% a year earlier and the five-year average of roughly 89.6%. Germany’s reserves stood at around 61.6%. Disrupted Middle Eastern LNG shipments have added pressure to supply. Despite record US natural gas production, exports cannot immediately eliminate Europe’s shortfall: liquefaction, transport and regasification costs, as well as limited export capacity, separate US and European prices. Higher European energy costs could also renew inflation concerns, while growing electricity demand from AI data centres may support US gas demand.

US stocks opened mixed on Wednesday, with the Nasdaq up 0.24% and the S&P 500 up 0.17%, while the Dow fell 0.08%. A strong earnings report from South Korea’s SK Hynix—operating profit rose 632% year over year—lifted semiconductor shares. Micron gained about 4% in premarket trading, while Nvidia, AMD and Marvell also advanced. The Nasdaq’s rally reflects renewed interest in AI chipmakers, though concerns remain about the cost of AI infrastructure. Investors are also watching Microsoft and Alphabet earnings, due after the close, for signs that cloud and AI growth can justify heavy investment. Major technology companies could spend nearly $600 billion on AI infrastructure in 2026. The Federal Reserve is expected to hold interest rates at 3.75%–4.00%; its decision and guidance could sway stocks and broader risk appetite. The Nasdaq’s gains may therefore prove sensitive to signals on borrowing costs and AI spending returns.

Aave has completed an adjustment to the floating borrowing rate curve for USDT in its Ethereum market. When pool liquidity tightens, borrowing costs will now rise earlier than before. Aave says interest already accrued on existing debt will not change; the updated curve affects only how outstanding balances grow from now on. The change may make borrowing more expensive as USDT liquidity falls, but the report provides no details on the size of the adjustment.

Markets expect the Federal Reserve to keep its benchmark interest rate at 3.75% to 4.00% on Wednesday, despite September US consumer and producer price inflation exceeding forecasts. Energy prices remain high, and there are few signs that investment in AI infrastructure is slowing. Recent comments from senior Fed officials have also suggested there is no urgency to raise rates this month. Oxford Economics said the officials made their remarks before the stronger inflation data emerged, and argued that their comments should not be seen as an indirect signal from Fed Chair nominee Kevin Warsh. If the Fed holds rates steady, Cleveland Fed President Beth Hammack and Dallas Fed President Lorie Logan could dissent; both have said policy may need to tighten further. The expected Fed rate decision keeps inflation and interest-rate policy in focus for traders. A hold may limit immediate market disruption, but persistent price pressures and the possibility of dissent could keep expectations for future rate increases elevated.

Confusion over Iowa voting rights for people with past felony convictions could affect participation in the 2026 governor race. Governor Kim Reynolds’s 2020 executive order sought to restore voting rights to eligible people, but reports point to inconsistent implementation and uncertainty among local election officials. The issue may influence turnout among affected voters as Democratic nominee Rob Sand challenges Republican nominee Zach Lahn. The article says prediction-market pricing appears unfavorable to Democratic prospects, but provides no details connecting the reported voting-rights problems to specific market movements. Officials’ responses and voter-registration activity are key developments to watch. Iowa voting rights remain a state-election issue, with no direct cryptocurrency market catalyst identified.

Morpho has added oracle details to its app for supported lending markets, showing feed types, reported prices and data providers. The update gives users a clearer view of how collateral and loan assets are priced without requiring them to inspect smart contracts. Morpho is oracle-agnostic, so market curators choose from providers such as Chainlink, Pyth, Redstone, API3 and Chronicle. The app’s added visibility complements Morpho’s Oracle Portal, which helps decode configurations, compare prices with reference sources and identify potential issues. Morpho says market curators—not its core team—select and deploy market oracles. Incorrect prices can cause missed liquidations and bad debt, or trigger unnecessary liquidations. The new information does not eliminate oracle risk, but helps lenders assess it before depositing. Morpho’s app now makes oracle configurations more visible, while its existing tools continue to support oracle checks and risk monitoring.

Crypto analyst Ali Martinez highlighted key trading levels for XRP, Hyperliquid (HYPE) and Ethena (ENA) ahead of the US Federal Reserve’s FOMC meeting. The three tokens have rebounded, but their charts point to different tests for traders. XRP needs to hold $1.25. If it does, it could test $1.55 and potentially break toward $2.10; a drop below support could expose $0.98. XRP was trading near $1.33. Large wallets holding at least 10 million XRP reportedly control more than 68% of supply, a level that may support the recovery case. HYPE has bounced near $74, a trendline that previously preceded rallies. If support holds, Martinez sees a possible move above its all-time high of nearly $98 toward $110. A breakdown could bring $67 into view, with $60 also possible. HYPE was near $82. ENA must break resistance: a four-hour close above $0.22 could open a move toward $0.24–$0.27. Rejection may send it back to $0.18. ENA was trading just above $0.20. These are analyst scenarios, not guarantees, and the Fed meeting could add volatility to crypto markets.

Bitcoin’s Hash Ribbon recovered on August 26 and has remained positive for 61 days, while the 30-day average hash rate climbed 13% from July to about 1.1 zettahashes per second. The indicators suggest that miner stress may be easing, but do not confirm that Bitcoin has reached a market bottom. Historically, Bitcoin was higher a year after six of seven counted Hash Ribbon recoveries. The article cites an estimated 72% directional edge, while noting past failures: 15 of 231 signals reportedly did not succeed, including an April 2021 signal followed by a 17% decline. A January signal is still about 12% underwater. The current cycle may differ because some miners reportedly shifted capacity to AI, amid contracts worth about $100 billion. That raises uncertainty over whether the recovery reflects an end to miner capitulation or voluntary exits from Bitcoin mining. The discussion also points to Bitcoin trading above its 50-week average and MVRV above its average as supportive, but backward-looking, indicators.

Bitcoin is holding near $80,000 after pulling back from about $86,000, while market excitement and conviction appear muted. In an interview with Bitcoin Magazine, software engineer and Bitcoin Sentiment Weekly author Michael Sullivan says language-based sentiment measures resemble levels seen in 2015 and argues that subdued sentiment may be consistent with an early “disbelief rally.” He discusses investor psychology, short-term holders’ frustration, and possible narratives involving Bitcoin, traditional finance and AI-driven deflation. These are the guest’s interpretations, not confirmed market signals or investment advice. For traders, the contrast between a firm Bitcoin price and weak enthusiasm may be worth monitoring, but sentiment alone does not establish that a bull market has begun.

Anthropic’s IPO filing warns that its public advocacy for AI safety and related policy positions could expose the company to government scrutiny or retaliation. The warning follows disputes with the Trump administration, including a Pentagon supply-chain risk designation after Anthropic refused to loosen safeguards on autonomous weapons and mass surveillance, and export restrictions that temporarily disrupted access to some models. Anthropic says similar measures could return, disrupting model launches, customer and partner relationships, and commercial operations. While government contracts account for less than 1% of annual revenue, political pressure could still prompt wider regulatory scrutiny and affect business ties. The company also warns that future export controls or AI-related cybersecurity and biological safety incidents could hinder deployment, international expansion and growth. Regulations it supports may raise compliance costs and slow product development. Anthropic says it will continue its policy advocacy while improving communication with officials. For investors assessing the Anthropic IPO, these political and regulatory risks could weigh on growth expectations; the filing has no direct connection to cryptocurrency prices.

Coinbase says a security incident at analytics provider Amplitude exposed some customers’ contact information, but it found no evidence that its own systems were accessed without authorization or that customer funds were affected. Claims that more than 70,000 users were impacted, cited by DelCrxpto and SlowMist CISO 23pds, have not been independently confirmed. Amplitude had not publicly commented by 28 October. The Coinbase data exposure is distinct from the company’s earlier customer-support data breach, reported to have affected about 69,461 users in 2025, and a 2021 account-security incident involving at least 6,000 accounts. The reported exposure raises the risk of phishing, SIM-swapping and social-engineering attacks, though there is no indication that private keys or crypto assets were compromised. Binance founder Changpeng Zhao also flagged four reported data incidents that day, including cases involving South Korea’s Bithumb and financial firms. He recommended unique email addresses and strong passwords, passkeys or hardware security keys, authenticator apps instead of SMS verification, and withdrawal address allowlists and anti-phishing codes. For traders, the Coinbase data exposure signals heightened scam risks and broader third-party security concerns, not a confirmed disruption to Coinbase trading or customer funds.

Utah’s SEDI digital identity framework requires open standards, but standards alone may not guarantee wallet choice or interoperability. The article argues that credentials could still be difficult to move between wallets, and verifiers could face vendor-specific integrations, even when systems use published standards. SEDI’s implementation rules have not yet resolved key questions, including which credential formats and presentation protocols will be supported, how conformance testing will work, and who will govern the trust registry. Key custody and credential re-issuance also affect whether holders can switch wallets without losing access or repeating identity checks. The article says SEDI needs precise technical profiles, transparent and independent certification, portable credentials, state-governed trust infrastructure and verifier onboarding that does not depend on bilateral vendor deals. These choices will determine whether SEDI’s legal protections for wallet choice and selective disclosure work in practice. The article is an analysis of digital identity policy, not a report of a cryptocurrency market development.

Coinbase has set October 30, 2026, as the deadline for EEA retail customers to withdraw stablecoins affected by its MiCA-related restrictions. The policy applies to customers of Coinbase Luxembourg S.A. and follows the end of the EU stablecoin issuer transition period on July 1, 2026. Coinbase previously restricted six stablecoins in 2024; its current affected list has expanded to 14. Trading and conversions for the affected stablecoins are restricted on Coinbase, but supported withdrawals remain available before the deadline. Named assets include USDT, PYUSD, USD1, USDS, DAI, PAX and GUSD. After October 30, Coinbase says it will convert remaining balances at prevailing market rates into USDC where suitable, or another supported crypto asset or currency. Proceeds may differ from the tokens’ face value. Deposits made after the deadline may not be credited or recoverable. The restrictions apply to EEA retail accounts, not all Coinbase users worldwide, and do not change the tokens’ underlying contracts. Traders should check Coinbase’s official notice and consider withdrawal, conversion and liquidity risks. The Coinbase MiCA policy could affect access to the named stablecoins on the exchange, but the announcement alone does not establish a wider market or price impact.

Delaware’s proposed AI company plan is facing scrutiny from US House Oversight Committee Chairman James Comer, who warned it could shield owners and investors from liability for harm caused by AI-run businesses. Comer asked Governor Matt Meyer to provide documents, including internal AI chat logs and safety records, by November 9. The proposed Delaware AI company framework would allow AI agents to manage business operations. State officials say a supervised, 30-month regulatory sandbox and mandatory transaction logging would make agent activity traceable. The entities could own property and be sued, while members would generally remain protected from company debts. An earlier account said draft legislation was expected in 2027; a later report says lawmakers may consider it in January, without specifying the year. The congressional inquiry could also inform federal efforts to limit state-level AI regulation. The Delaware AI company plan concerns corporate governance and AI regulation, not cryptocurrency. It has no direct implications for crypto prices or market fundamentals.

A surge in cyberattacks and AI-discovered software vulnerabilities has made October a difficult month for cybersecurity, with potential risks for crypto users. The PHP Foundation disclosed critical flaws in PHP, which is used by around 70% of websites. Cloudflare reported millions of attempts to exploit them, and US officials urged organizations to patch affected systems or take them offline. Other incidents included compromised credentials at cloud provider Railway, a patient-data breach at Quest Diagnostics, weak digital certificate keys at eMudhra and a major GitHub service disruption. Security experts warn that AI is making it faster and easier to find vulnerabilities, while organizations may lack the capacity to fix and deploy patches just as quickly. For individuals, recommendations include enabling multifactor authentication, using unique passwords, updating devices and browsers, and removing unused apps and account permissions. Crypto holders are advised to keep spending funds in a hot wallet and longer-term assets in a hardware wallet, and to check transaction details before signing. Bitcoin advocate Jameson Lopp argues that self-custody keeps control of private keys with users, while CertiK analyst Jonathan Riss says personal precautions can limit exposure but cannot prevent wider infrastructure failures.

Anthropic reported $16.29 billion in revenue in the first half of 2026, up from about $1.2 billion a year earlier. But the company’s rapid growth depends heavily on cloud marketplaces operated by Amazon, Google and Microsoft. These channels accounted for 48% of Anthropic revenue in the first half of 2026, rising from 11% in 2023 and 47% in 2025. In 2025, about $2.16 billion in sales went through Amazon and Google marketplaces. Anthropic paid an estimated $351 million in distribution fees, while its computing and infrastructure costs reached about $7.3 billion against $4.6 billion in revenue. The cloud companies are also investors, infrastructure providers and AI competitors, creating potential risks around pricing, capacity and customer access. Anthropic’s IPO filing also showed that cloud marketplaces represented 58% of its net accounts receivable as of June 30, 2026. The figures highlight the trade-off behind Anthropic revenue growth: cloud platforms provide reach and enterprise customers, but also create significant distribution and concentration risks.

Nvidia (NVDA) may have more room to grow as supply constraints ease, according to investor Rick Orford, who maintains a Strong Buy view on the stock. The article says demand for AI infrastructure from major customers, including SpaceX, Alphabet and Meta, could exceed Nvidia’s roughly 70% growth outlook. Nvidia is reportedly expanding supply commitments and plans to double chip-testing capacity by 2027. Higher output could support continued sales growth and strengthen its pricing power. However, the company faces risks, including $108.5 billion in customer guarantees. The article says strong free cash flow and disciplined share buybacks help support its valuation. Any potential increase to Nvidia’s growth guidance remains an expectation, not a confirmed forecast.