Crypto News

Polymarket users reported on Discord that the prediction market’s front end may have been compromised, with assets allegedly being withdrawn without permission. The reports have not been independently confirmed in the provided article. Traders should treat the situation as a potential platform security incident and avoid interacting with the Polymarket front end until further information is available. Any confirmed breach or service disruption could affect user confidence and activity on Polymarket.

Polymarket has switched its trading platform to cancel-only mode and suspended its relayer service while it investigates an incident. The announcement did not provide details about the incident or say when normal trading would resume. The restrictions may prevent users from placing or executing new trades, while allowing them to cancel existing orders. Traders should monitor Polymarket’s official updates and consider the platform-specific risks until services are restored.

Crypto trading platform Frontrun.pro has publicly asked to buy the company behind Blast, offering $50,000 to start negotiations. Frontrun says it has a team ready to improve the Layer 2 network and unnamed investors willing to fund it, but only if a sale goes ahead. The proposal does not identify the purchasing legal entity or investors, specify what assets would be acquired, or clarify whether $50,000 is an initial payment or the full offer. Blast has not announced an agreement or acceptance. The approach follows Blast’s wind-down announcement, which cited operating costs exceeding Layer 2 revenue and a lack of a credible path to sustainability. Blast asked users to withdraw assets to Ethereum; its regular withdrawal interface deadline was Oct. 26. Its public status page nevertheless showed key network services operating on Oct. 29. For traders, the Blast sale proposal is unconfirmed and does not establish a change to the network’s shutdown plans or the outlook for the BLAST token.

Curve yields and protocol updates were mixed in Week 44, 2026. Selected pools offered 19.7% APR for sUSG/reUSD and 7.6% for reUSD/sUSDe. Llamalend v2 showed modeled 20x looped APRs of 37.1% for sDOLA and 23.4% for syrupUSDC, but leverage can magnify losses and rates are variable. Curve launched StableSwap on Stellar mainnet in beta, enabling swaps and liquidity provision. The DAO also approved oracle pricing for the YieldBasis crvUSD/WETH pool using Pyth ETH/USD reports, and approved raising the sreUSD market’s crvUSD lending limit from 30 million to 60 million. Key Curve metrics were mixed: crvUSD mint-market debt rose 2.1% to $69.7 million, while Llamalend TVL fell 3.7% to $247 million. The crvUSD oracle price was $0.9994. These Curve yields are selected estimates, not guaranteed returns; liquidity, collateral and smart-contract risks remain relevant to traders.

Thailand’s Supreme Court has ruled that Bitcoin is property protected under the country’s criminal law, while confirming it is not legal tender. The ruling, issued on 28 October 2026, upheld a 10-year prison sentence in a 2022 Koh Samui robbery. A tourist was forced to transfer 2.480801 BTC, then worth about US$50,000, and the court ordered the Bitcoin returned or equivalent cash compensation paid. Rejecting the argument that Bitcoin has no intrinsic value, the court cited its market price, tradability and convertibility into baht, as well as Thailand’s 2018 Digital Asset Business Emergency Decree. The decision gives lower courts a precedent for treating Bitcoin theft as a property crime and may support prosecution and asset recovery. It does not make Bitcoin legal tender or require merchants to accept it. For traders, the ruling is a legal development, with no clear direct effect on Bitcoin prices.

A miner using FutureBit’s Apollo Solo setup found Bitcoin block 973,262, earning the 3.154 BTC block reward plus transaction fees from 2,477 transactions. FutureBit said its Apollo device or Solo Node assembled and submitted the block, but the public record does not identify the specific hardware or hashrate responsible. This is at least the fourth block attributed to FutureBit Apollo Solo. Solo mining remains a long-shot: against a Bitcoin network hashrate of about 1,070–1,087 EH/s, a home setup rated around 10–18 TH/s could face expected waits of centuries. The find highlights the possibility of earning a full block reward independently, but it does not change Bitcoin’s network fundamentals or the dominance of large mining pools.

Galaxy Digital has applied to the US Office of the Comptroller of the Currency (OCC) to establish Galaxy National Bank in New York. If approved, the federally supervised trust bank would provide digital-asset custody, trading, staking and fiduciary investment advice, offering Galaxy Digital a more unified framework to serve institutional clients nationwide. The charter would not automatically grant FDIC deposit insurance or access to Federal Reserve payment systems. The application comes as the Independent Community Bankers of America (ICBA) challenges the OCC’s authority to issue crypto-related trust bank charters. The group sued the regulator on October 2, arguing that its rules let crypto firms operate without meeting conventional bank requirements. The case does not directly target Galaxy Digital or automatically pause its application, but could affect the regulatory basis for crypto trust banks. Galaxy Digital already holds more than 50 licences and recently secured a New York BitLicense and money transmitter licence. Its application highlights growing competition in federally supervised crypto custody and financial services.

Polymarket users have reported unauthorized asset transfers, including one trader who said about $800,000 was taken from their account after all positions were sold. The trader also said a friend lost about $600,000. Other users reported losses of around $200,000 or unexpected withdrawal-signature requests on the website. The reports have raised concerns about a possible attack on Polymarket’s front end, but the platform had not commented at the time of publication. Polymarket suffered a separate front-end phishing attack in June, linked to a compromised third-party supplier, in which about $2.94 million in user assets was reportedly stolen.

Pontoro and regulated digital-asset firm Archax have launched an Automated Liquidity Pool on Stellar, announced during Meridian 2026. The pilot combines liquid money-market assets with private-market fund exposure, using predefined pricing and allocation rules to manage subscriptions and redemptions. Archax handles regulated tokenization and issuance of permissioned interests; Pontoro provides the pool model and operating infrastructure. The Stellar liquidity pool aims to make private-asset exposure easier to distribute and manage, but it does not make illiquid holdings instantly redeemable. Pool liquidity depends on available liquid assets, credible valuations and how the rules perform under stress. Tokens are permissioned and held in identity-verified wallets, while the fund manager retains authority over asset selection, valuation and governance. The Stellar Development Foundation disclosed investments in both companies. The pilot demonstrates a potential framework for tokenized private assets, but sustained investor demand and redemption performance have yet to be established. Traders should watch for reported subscription volumes, redemption outcomes and results during market stress. The announcement does not by itself establish a liquid secondary market or signal a direct price catalyst for Stellar’s token.

The S&P 500’s ten worst-performing stocks of 2025, tracked as the “Thanksgiving Leftovers,” staged a strong rebound before retreating in October 2026. The equally weighted group bottomed in late September at about 15% below its value on 28 November 2025. It recovered to that starting level on 22 October, but then fell to 94.4% of it in less than a week. The market-cap-weighted portfolio followed a similar pattern. It bottomed at 80% of its starting value on 7 October, climbed to 86.5% on 22 October, and then slipped to 84.3%. The figures show a sharp recovery in the S&P 500’s weakest 2025 performers, followed by renewed losses.

The Federal Reserve left interest rates unchanged at its meeting concluding on October 28, as markets had widely expected. But the pause does not necessarily signal a dovish shift: the Fed described the economy as strong, while persistent inflation and elevated Treasury yields continue to weigh on the outlook for equities. The article points to energy prices and robust capital investment as factors keeping inflation sticky, potentially increasing the chance of further rate hikes. High long-term yields also make equity valuations look expensive and can pressure corporate free cash flow. The author argues that these conditions do not support broad equity gains. For traders, the key issue is whether inflation and Treasury yields ease enough to change expectations for the Fed’s future policy; the rate pause alone may not provide a lasting boost to risk assets.

RedStone has received 15.775 million Canton Coin (CC) from the Canton Foundation to develop the Canton Access and Privacy Standard (CAPS), an open-source tool for using shared oracle prices while keeping negotiated settlement terms private, including from data providers. The grant was initially reported at about $1.55 million; the later funding baseline is about $1.83 million. The 12-month project will first support tokenized funds, private-market assets and structured products. Pricing calculations and a licensing module are planned under the Apache 2.0 license. Half of the grant is tied to adoption milestones, including active Zenith price feeds, more than $1 million in liquidity bridged through Memora, and $1 million in monthly trading volume dependent on CAPS. Zenith and Memora are design partners, with integrations still in development. A public draft and reference implementation are available, but CAPS remains a proposal in draft form. RedStone has provided pricing data to Canton since December 2025. Canton says it has more than 600 institutional participants, including Goldman Sachs, DTCC, BNY and Franklin Templeton, and processes about $9 trillion in monthly transaction volume. CAPS could strengthen Canton’s institutional data and tokenized-asset infrastructure, but delivery and adoption are not yet proven. The grant supports the network’s ecosystem; it does not by itself establish new demand for CC.

Celestia Labs has introduced Voyager, a blockchain architecture designed for high-volume payments between AI agents and online services. In a five-hour benchmark, Voyager averaged 21.2 million transactions per second (TPS), peaking at 21.6 million across 100 million accounts. Celestia says Voyager uses Celestia Fibre for data availability and separates transaction processing into parallel tasks to boost throughput. The benchmark was run on a single node and did not include state-root computation, data replication across machines or real-time transaction-status queries at that scale. Voyager is not yet described as production-ready; Celestia says those capabilities are among the next development steps. The project aims to enable micropayments for agent-driven web services, but its claimed capacity has yet to be demonstrated in a live payment environment.

MetaMask 13.54.0 and 13.55.0 deliver a series of wallet, security and trading improvements, with the later release adding fixes for swap quote loading, perpetual futures slippage messages and transaction nonce handling. MetaMask also strengthens warnings for malicious or suspicious tokens opened through deeplinks and other entry points. Earlier updates added dismissible banners and earning prompts for eligible stablecoins, perps outage notices, and deposit flows that prefill half of a selected token balance. Across the releases, MetaMask also improves Money account deposits, Stellar balances and wallet support, network settings, onboarding, and transaction handling on Bitcoin, Tron and Solana. Fixes address fee estimates, hardware-wallet signing, swaps and bridges, Send Max gas calculations, and inaccurate balances or earnings displays. The releases improve usability and transaction feedback for traders, but announce no token launch or market-moving financial data; their direct effect on crypto prices is likely limited.

The crypto industry has spent about $176 million on more than 100 US midterm races this election cycle, but a survey suggests crypto itself is a low priority for voters. Only 13% of Americans say it is very or extremely important for candidates to support technologies such as blockchain, crypto and decentralized finance (DeFi). A broader message about keeping financial technology development in the US resonated more: 35% said it was very important, making it the survey’s top-ranked policy position. Support for that message was higher among Republicans than Democrats, at 45% versus 30%. The survey of 1,545 adults was conducted by Ipsos for the DeFi Education Fund from Sept. 8 to 16, with a margin of error of 2.8 percentage points. Reuters’ review found that crypto groups spent about $176 million across more than 100 races, with Fairshake and its affiliates accounting for about $150.8 million through Oct. 20. The industry’s political push comes after the Clarity Act failed a key Senate vote in September. The survey also found that voters are more focused on financial security and personal investment choice: 63% want the financial system upgraded to address threats such as AI and cybercrime, while 49% oppose the government deciding which products they can invest in.

Ledger has published 23 papers from its 2026 Ledger N3XT research competition, spanning the agentic economy, privacy and open research. Students from seven countries examined digital ownership through experiments, hardware prototypes and security audits, with a recurring focus on how to authorize and hold value-bearing AI agents accountable. The three track winners were Charles Sneed of the University of Oregon, who audited a Solana trading agent and identified a gap between its recorded decisions and signed transactions; Drew Manley, who proposed zero-knowledge medical credentials controlled by patients; and Ivan von Greiff of TUM, who built a fuzzing framework to test zero-knowledge virtual machines for soundness flaws. Their work and other submissions also questioned whether hardware-based custody alone can guarantee privacy or prove user intent. Each winner attended Ledger Op3n in Paris on October 15–16. The research offers no direct market-moving announcement, but highlights growing security and accountability challenges as AI agents interact with crypto wallets and onchain markets.

Bullish CEO Thomas Farley expects tokenized securities to gain mainstream adoption within one to two years, bringing forward his earlier five-year forecast. He said a major IPO or a new financial product could act as the catalyst for tokenized equity adoption. Bullish has tokenized its equity on Solana, and its tokenized BLSH shares began trading on its Gibraltar-regulated exchange in August 2026, with settlement in a US dollar stablecoin. The company is also planning to acquire transfer agent Equiniti for $4.2 billion, a deal expected to close in January 2027. The acquisition could help Bullish provide tokenized securities infrastructure to other issuers. Farley’s forecast comes amid a regulatory shift: the article says the SEC established a five-year innovation exemption framework for tokenized securities venues in September 2026. Together, the infrastructure and regulatory developments could support broader institutional adoption, though a high-profile market launch may be needed to accelerate demand.

Samara Asset Group’s Bitcoin CPI fell 19.30% month over month in September but rose 43.75% year over year. The index re-prices the US Bureau of Labor Statistics’ consumer basket in Bitcoin, showing how many BTC are needed to buy goods and services such as food, housing and transport. A lower reading means the basket costs fewer bitcoins. The Bitcoin CPI is not an official US inflation measure. Its movements largely reflect changes in Bitcoin’s price against a relatively stable basket of consumer goods. Available 2026 readings show monthly declines in April, August and September, while year-over-year readings remained positive: 25.90% in April, 90.00% in August and 43.75% in September. Samara launched the index in 2025 for institutional investors and corporate treasurers tracking Bitcoin’s purchasing power.

The DTCC tokenization service is now live, enabling eligible institutions to create blockchain-based representations of 34 US securities with an estimated value of $30 trillion. The initial selection includes Russell 1000 stocks, ETFs and US Treasuries held in custody by the Depository Trust Company (DTC). The securities remain in DTC custody, while authorized wallets can transfer their tokens around the clock; this does not enable unrestricted 24-hour stock trading. The DTCC tokenization service operates on Canton Network and DTCC’s private Besu network. Twenty financial firms have signed access agreements, and more than 30 organizations participated in production testing. The tokens retain the underlying securities’ ownership rights and investor protections. The launch follows a December 2025 SEC no-action letter covering eligible assets under specified conditions. Stellar is planned for integration in the first half of 2027 but is not part of the live service. The rollout could improve institutional asset mobility and collateral transfers, though adoption and trading volumes remain uncertain.

Canadian AI startup Cohere has completed the first closing of a funding round that could raise up to $5 billion, valuing the company at $20.5 billion—about twice its valuation a year ago. Investors who have committed funding include the Canadian government and Nvidia. A previously announced $600 million investment from Germany’s Schwarz Group is also included. The Canadian government has agreed to invest up to $1.14 billion. Cohere says the first closing covers most of its fundraising target, but has not disclosed the amount secured. The company plans to keep its headquarters in Canada and expects to invest about $1.2 billion in new computing infrastructure there by 2030. If completed, the round would be the largest private financing in Canadian history. The reported valuation excludes the new funding.

A study by quantum computing company Alice & Bob estimates that a fault-tolerant machine with up to 29,588 physical cat qubits could derive a Bitcoin private key from its public key in about 61.8 minutes. The theoretical estimate targets Bitcoin’s secp256k1 signature curve and assumes no bit-flip errors during the computation. That runtime is longer than Bitcoin’s roughly 10-minute block interval, so it does not show that unconfirmed transactions can be attacked in time. However, Bitcoin addresses with exposed public keys could face future risk if the hardware becomes practical. Estimates of potentially exposed holdings vary: an earlier estimate cited about 6.9 million BTC, while Google Quantum AI separately identified more than 1.7 million BTC in early P2PK addresses. Current capabilities remain far below the proposal: Alice & Bob’s largest reported demonstrator used a 12-qubit chip and had not reached the error-correction threshold. The company expects progress to converge in the early 2030s and called for post-quantum cryptography. Bitcoin developers have also proposed BIP-361 to phase out vulnerable legacy addresses. The findings highlight a long-term Bitcoin security issue, not an immediate change to the network’s trading or price outlook.

About $11 billion in Bitcoin options, covering roughly 135,000 BTC, are set to expire on Deribit on Friday. The contracts represent about a third of the exchange’s Bitcoin options open interest. Bitcoin was trading near $81,500 ahead of expiry. Calls outnumber puts by nearly two to one, with a put-to-call ratio of 0.52. However, about 86% of contracts are out of the money at current prices, and the $11 billion figure is notional value—not cash changing hands. Deribit’s max-pain level is $78,000, below the market price, but it is not a reliable price forecast. The expiry could prompt options sellers to adjust their Bitcoin hedges, potentially adding short-term volatility. The Federal Reserve also held rates at 3.75%–4% in a 10–2 vote, with two officials favoring a rate increase. That hawkish split and a 5.05% 10-year Treasury yield remain broader factors for risk-asset sentiment.

Chainlink 24/7 now provides continuous reference prices for tokenized stocks, commodities and other real-world assets, including weekends and traditional market holidays. During off-hours, Chainlink 24/7 uses quotes from multiple perpetual futures venues rather than prices from closed exchanges, and filters stale data and outliers. Aave is the service’s first partner, adopting the feeds on Horizon, its institutional lending platform, initially for tokenized US stocks. More frequent collateral updates could help lenders assess liquidation risk while traditional markets are closed, but perpetual futures quotes may differ from prices in underlying markets, particularly when liquidity is thin. Chainlink says its earlier weekday pricing infrastructure supports more than $1.6 billion in tokenized stocks. The launch builds on wider growth in tokenized-asset lending, including Aave’s previously outlined Avalanche-based RWA hub and Robinhood’s use of Morpho to let eligible Stock Token holders borrow stablecoins against tokenized shares. The CFTC has also planned a roundtable on continuous derivatives trading and market resilience. For traders, Chainlink 24/7 adds infrastructure for around-the-clock onchain markets, but it does not guarantee deeper liquidity; data quality and safeguards during closed-market hours remain important.

OKX-ICE joint venture co-chair Andrew Cuomo said a Wall Street Journal ad warning companies about tokenized stocks signals that competition is shifting from whether tokenization will happen to which platform will lead the market. He pointed to the ad’s QR code linking to Nasdaq’s FAQ and described the dispute as a contest between tokenization platforms. The ad, paid for by the Common Sense Leadership Fund, urged companies to use their SEC opt-out right and warned that their shares could otherwise trade on unregulated venues. Nasdaq said it plans to opt its own shares out of tokenized securities venues, but denied involvement in the ad. Securitize and Jito Labs’ Rebecca Rettig disputed the ad’s warnings, arguing that properly regulated tokenized stocks are different from offshore synthetic products. An Oct. 28 OKX-ICE notice listed 38 companies objecting to tokenization, up from 33 the previous day. Under the SEC innovation exemption, each company has 30 days to object after receiving notice. Cuomo said some firms have also expressed interest in opting in, but gave no names, numbers or launch date. The growing dispute highlights regulatory and competitive uncertainty around tokenized stocks, rather than a confirmed change to crypto-market activity.

Bitcoin recovered above $81,000 on Thursday after briefly falling below $80,000, despite a sharp sell-off in US technology shares. The Nasdaq dropped 1.5% as investors retreated from companies linked to artificial intelligence spending. Alphabet fell 12% after disappointing results, while ServiceNow slid 23% after missing forecasts. Treasury yields also eased: the 10-year yield fell seven basis points to 4.98%, and the two-year yield dropped 7.5 basis points to 4.66%. The implied probability of a December rate hike fell below 80%, after nearing 90% the previous day. Bitcoin’s rebound diverged from the equity downturn, suggesting some investors may have shifted capital towards crypto during market stress. US spot Bitcoin ETFs recorded three straight days of inflows totalling about $424 million; Tuesday’s inflow was $176 million, with BlackRock’s IBIT leading. The move offers a potentially supportive signal for Bitcoin, though the article does not establish a lasting safe-haven trend.

Shiba Inu (SHIB) traded near $0.00000484 on October 29, down 2.6% for the day and 13.4% over the past month. The decline pushed SHIB below the key $0.000005 level and toward its 2026 lows. A technical reading put immediate support near $0.00000480 and resistance around $0.00000503; the relative strength index was about 38, signalling weak momentum but not confirming a market bottom. For a stronger recovery, SHIB would need to reclaim $0.000005 and hold above resistance. Further potential resistance levels are $0.00000519–$0.00000535, followed by around $0.000006. A drop below $0.00000480 could expose support near $0.00000462 and the $0.00000410–$0.00000420 zone. Shibarium’s development and SHIB token burns have not yet offset selling pressure. Shibarium uses BONE for transaction fees, so increased network activity does not necessarily create direct demand for SHIB. Although nearly 298 million SHIB were reportedly burned in one period in early October, that amount is small compared with the roughly 589 trillion tokens in circulation. Price levels are conditional technical scenarios, not guaranteed targets.

Alphabet shares fell about 11% to 12% after third-quarter 2026 results renewed concerns over the cost and returns of its AI expansion. Revenue rose 25% year over year to $127.58 billion, but missed analyst expectations. Google stock also faced pressure as advertising revenue came in below forecasts and Search growth slowed to 12%, from 17% in the previous quarter. Capital expenditure climbed to $51.36 billion, more than twice the year-earlier level and above operating cash flow of $42.29 billion. Free cash flow was negative $9.07 billion for a second consecutive quarter. Alphabet remained profitable: operating income rose 30% to $40.58 billion and net income was $26.2 billion. Google Cloud revenue more than doubled to $30.71 billion, with operating income of $11.12 billion. Diluted earnings per share fell to $2.12 from $2.87, partly because of losses on equity investments. Alphabet reaffirmed its 2026 capital expenditure forecast of $195 billion to $205 billion and said spending could rise significantly in 2027. Growing custom TPU chip inventories and a $5.2 billion European Commission fine payment added to cash-flow pressure; the company also raised about $41.1 billion through debt and share issuance during the quarter. For crypto traders, the results offer a read-through on tech-sector risk appetite and the funding demands of AI infrastructure, but do not directly signal a change in cryptocurrency fundamentals.

Solana (SOL) briefly fell below $100 on October 29, trading near $99.71 and down about 15.4% over the past month. US spot Solana ETFs saw $24.82 million in outflows on October 27 and 28. Including October 26, outflows across three sessions reached about $33.05 million. Despite the withdrawals, cumulative ETF net inflows remained near $1.5 billion, with net assets of about $1.56 billion on October 28. Traders are watching the $96–$100 support zone. A break below $96 could bring $95 and $90 into focus, while a move above $104–$105 may ease near-term selling pressure and open a path toward $108–$112. The seven-day RSI, around 34.8, signals weak momentum. Solana network developments, including the Alpenglow upgrade and growth in addresses holding tokenized equities, have not yet translated into stronger SOL demand. ETF flows and the $96 level may offer clues to whether SOL can stabilize.

PEPE rose more than 11% over 24 hours, reaching a high of 0.00000568 USDT. It was later trading at 0.00000540 USDT, according to OKX market data. The move points to strong short-term momentum in PEPE, though the report gives no specific catalyst.