Crypto News

The Bank of England (BoE) has opened a consultation on draft guidance for central counterparties (CCPs) accepting tokenized collateral. The guidance clarifies how CCPs should show that digital versions of eligible assets meet existing clearing standards; it does not create new regulatory obligations or approve new collateral. The BoE says tokenized collateral must remain valued, transferable and liquidatable, including under stressed market conditions. Faster cross-border transfers could help firms meet margin calls. The consultation closes on 12 February 2027. For crypto traders, the proposal signals continued regulatory consideration of tokenized assets in financial-market infrastructure, but is not an immediate market catalyst.

The US Treasury has sanctioned 10 individuals and one entity accused of helping North Korea launder income from fraudulent IT workers and fund weapons programmes. It says some workers also accessed company networks to deploy malware or steal data. Two Russian nationals allegedly converted millions of dollars in cryptocurrency for North Korean-linked groups. Ilya Boykov reportedly handled about $3.5 million since 2024, while Vitold Obertas converted nearly $2 million since January 2025. Treasury also targeted a North Korean-controlled center in Vladivostok, saying six workers generated more than $750,000 for it since 2025. The sanctions notice identifies associated Ethereum and Tron wallet addresses, including an Ethereum address linked to both men. The measures block property under US jurisdiction and generally prohibit transactions with those designated, raising compliance risks for crypto exchanges and other businesses. They follow a separate March action against a network Treasury said laundered about $800 million in crypto. The latest North Korea crypto sanctions are unlikely to directly move broad market prices, but traders and firms should watch for enforcement-related restrictions or heightened screening of flagged wallets.

Bitcoin rose from 81,004.9 USDT, up 0.05% over 24 hours in the earlier update, to 81,013.8 USDT, with its 24-hour gain increasing to 0.63% in the latest OKX data. The move marks a modest rise in the BTC price, but neither update cites a catalyst or broader market context. Traders may view the move as a short-term price update rather than a clear signal of a sustained trend.

Canton Strategic Holdings (Nasdaq: CNTN) plans to start trading tokenized shares on Nov. 2, 2026, through TSV LLC’s permissioned venue on Canton Network. The agreement was announced on Oct. 29; trading has not yet begun, and the date remains a target. Under the issuer-led model, SEC-registered transfer agent Fairmint will issue the tokens and maintain on-chain ownership records. The tokens are intended to carry the same rights as CNTN’s Nasdaq-listed shares, with trades settling atomically through Canton Network’s Tradecraft protocol. TSV says issuer-led issuance may avoid the 30-day objection period that can apply to third-party tokenization. If the launch proceeds, it could become an early U.S. tokenized-stock offering under the SEC’s Innovation Exemption framework, potentially ahead of plans from OKX and ICE. The move follows DTCC’s October launch of a tokenization service and adds to the growth of tokenized securities. Access will be restricted, and investor demand and trading volumes remain uncertain.

Aave V4 has launched its first externally curated lending markets on Ethereum, with DeFi risk manager Sentora overseeing three markets for RLUSD, PYUSD and OUSD. Users can borrow these stablecoins against selected collateral, including USDe, PRIME, mWIN, PST and kBTC. Aave V4 uses a Hub-and-Spoke design: markets share Hub liquidity but retain separate collateral rules and risk settings. Sentora can manage collateral selection, interest-rate curves, liquidation parameters and oracles within Aave DAO-approved limits. The DAO retains control of core contracts and can revoke the curator’s permissions; risk-increasing changes face a 48-hour timelock. Supply and borrowing caps can also constrain activity, so liquidity elsewhere in Aave does not guarantee capacity in a particular market. The launch expands Aave V4’s lending options, including newer stablecoins and a Bitcoin-backed collateral market. Sentora’s Risk Radar will track Hubs, Spokes, asset usage, caps and governance changes. For traders and liquidity providers, the rollout is an early test of shared liquidity with externally managed risk: monitor each market’s capacity and collateral quality. Its broader significance will depend on liquidity, demand and risk performance.

Ripple expects to reach a $900 million annualized product revenue run rate by the end of 2026, driven by growing institutional adoption of its payments, custody, stablecoin and treasury services. This is a projected revenue pace, not revenue already earned; Ripple has not disclosed product-level revenue or profitability figures. Ripple says customers and partners using multiple products have tripled this year, and its services now reach more than 1,700 institutions and businesses. Its products facilitated over $16 trillion in transactions in 2025, while Ripple Payments is nearing $150 billion in cumulative processed volume. These transaction figures are not company revenue. RLUSD’s market capitalization has grown from about $2.5 billion to roughly $2.6 billion, with reported growth of more than 88% in 2026. Ripple has also received final US approval to establish a national trust bank, and says its treasury platform serves more than 1,000 customers across 160 countries. The expansion strengthens Ripple’s institutional growth strategy, but does not establish a direct near-term benefit for XRP. A prediction market cited in the earlier report assigned just 0.1% odds to XRP reaching $4 in October.

Bitcoin has risen after each of the three US midterm elections with reliable post-launch data: about 25% in 2014, 45% in 2018 and 92% in 2022. The average gain was 53.7%, but the median was about 45%—below the 67.5% median for non-midterm years. The S&P 500 has also historically performed better in the year after midterms, though these patterns do not show that elections cause market gains. DWF Labs says Bitcoin’s four-year cycle and position relative to its halving may matter more than which party controls Congress. The 2026 setup differs from previous midterm years: Bitcoin is about 36% below its peak, versus historical declines of roughly 67%–73%. DWF identifies the June low near $58,524 as a key level. A break below it could resemble the deeper 2014 and 2018 downturns, while holding it would be more consistent with 2022. A scaled comparison of historical price paths—not a forecast—places Bitcoin at roughly $92,000–$150,000 12 months after the 2026 election; two scenarios remain below $80,000 for much of the first six months. Political uncertainty, including federal debt, defence spending and crypto legislation, could also affect sentiment, alongside liquidity and broader risk-asset conditions. For traders, past post-election gains are context rather than a dependable signal: the sample is small, and Bitcoin’s cycle and market conditions remain central.

HYPE rose more than 8% in one hour to about $86, according to an earlier OKX update. It later climbed above 90 USDT, reaching 90.108 USDT and gaining 11.84% in 24 hours. The rally followed news that Intercontinental Exchange (ICE), parent company of the New York Stock Exchange, plans to work with Trade.xyz to bring perpetual futures products to the US regulated market. The proposed market could increase institutional interest in Hyperliquid and its HYPE token, but the reports do not establish that the partnership directly caused the price gains.

Phase has launched its EVM-compatible Layer 1 blockchain and Phase Proxy, a service that routes AI agents’ web requests through internet connections shared by smartphone users. Unlimit founder Kirill Eves has committed $45 million to fund the project’s first two years; Phase says the commitment is expected to provide four years of runway and that it has no outside investors. The funding is a commitment, not a completed venture-capital round. Users can earn PHASE tokens by validating blocks without staking or specialized hardware, and may receive extra rewards for routing proxy traffic. Participation can adjust to a phone’s battery and connectivity. Phase plans to launch AI computing and model-routing services in November, with revenue expected to fund open-market PHASE purchases for node operators. The launch adds an AI and decentralized-infrastructure use case, but the summaries provide no token price, exchange-listing or adoption data. Demand for PHASE will depend on actual network use and participation.

An OKX survey of 1,932 adults who had previously invested in crypto found that European respondents were more likely to see cryptocurrency as a tool for long-term wealth building than traditional retirement accounts: 19% chose crypto, compared with 8% who chose retirement plans. In the US, retirement accounts led crypto, 21% to 12%. Real estate was the top choice across the five surveyed countries, selected by 34% of respondents. Plans to increase crypto holdings were also common: 47% of European respondents said they expected to raise their allocation over the next five years. The newer survey summary reports a 55% figure for US respondents, while the earlier account specifies that 55% applied when boomers were excluded. Younger investors were more inclined to increase holdings, while 55% of boomers said crypto was not important to generational wealth. A separate US study found that 77% of adults considered crypto investments in workplace retirement plans risky. The findings reflect views among existing crypto investors, not the wider population, and do not show that investors are replacing pension savings. US policy proposals have sought to expand access to alternative assets, including digital assets, in 401(k) plans. Overall, the survey points to interest in crypto as a long-term wealth asset, particularly among younger investors, but signals no immediate buying activity and highlights continuing concerns about volatility and retirement risk.

Travala is developing AVA+ Partners, a programme that could allow approved crypto projects to accept their tokens as payment on its travel-booking platform. To participate, projects must buy AVA and a Travel Tiger NFT, activate a Smart Diamond membership and lock AVA in a dedicated smart contract for as long as their token is accepted on Travala. Partners may leave at any time, but early exits will send part of their locked AVA to the AVA Strategic Reserve. Travala says it will not sell or transfer those tokens. Withdrawal fees and other terms will be set out in individual agreements, and participation is subject to approval. Travala says AVA+ Partners will support its goal of locking 30% of AVA’s circulating supply, alongside the AVA Smart Program and AVA+ Rewards. The programme remains in development, and no partners or participation numbers have been confirmed. If projects join, the required AVA lockups could create additional demand for AVA, though the scale of any market effect is uncertain.

Binance will list Predict (PREDICT) for spot trading on 30 October 2026 at 18:00 Beijing time, with PREDICT/USDT, PREDICT/USDC and PREDICT/TRY trading pairs. Deposits and withdrawals are scheduled to open at the same time. Binance will apply its Seed Tag, which flags newer tokens that may carry higher volatility and risk. Users trading Seed Tag assets on Binance Spot or Margin must pass a quiz and accept the terms every 90 days. The listing expands PREDICT’s access to exchange trading, but does not guarantee lasting demand or price gains.

Solana led public blockchains in on-chain trading activity and application revenue, according to a Y Strategy report using data through 24 October 2026. In the preceding 30 days, Solana apps generated about $158 million in revenue, while users paid roughly $14.4 million in fees. The network processed about 145 million non-vote transactions on 24 October, and decentralised exchanges averaged around $2.2 billion in daily trading volume. Trading remains the main driver, but Solana’s use is broadening beyond meme coins. Its stablecoin supply peaked at $17.4 billion in late September, while real-world asset (RWA) value reached a record $4.6 billion. Tokenised-stock holders climbed to 1.57 million, up 56.5% in a month. Tokenised-asset trading volume reached $8.1 billion in the third quarter. SOL–stablecoin pairs and meme coins accounted for about 40% and 30% of DEX volume, respectively. Pump was the highest-earning app, generating about $62 million over 30 days. Phantom, Jupiter and Raydium also form key parts of Solana’s trading ecosystem, from wallets and order routing to liquidity. Institutional activity is growing through tokenised funds, stablecoin payments and US spot SOL exchange-traded products. Solana also processed 76% of x402 transactions over a four-week period ending in late September, as it competes to support AI-agent payments. Network upgrades, including 200-millisecond block times and the Alpenglow consensus upgrade, are intended to improve speed; the report puts Alpenglow’s target finality at about 150 milliseconds. For SOL traders, the figures point to expanding application demand and a wider range of on-chain assets. However, activity and revenue remain closely tied to speculative trading, and stronger adoption does not guarantee sustained SOL price gains.

Indonesia’s largest crypto exchange, Indodax, suspended rupiah and cryptocurrency deposits and withdrawals on October 29, 2026, after detecting increased cyberattack attempts. CEO William Sutanto said the pause is a precaution while the exchange investigates and strengthens platform security. Some spot trading remained available, and users could still view account balances. Indodax reported no unauthorised withdrawals or data breach and said customer assets were safe, but it gave no timeline for restoring transfers. The suspension follows a 2024 hot-wallet breach that caused about $22 million in losses. For traders, the freeze limits access to funds and may affect liquidity on Indodax; broader market effects are likely to remain limited unless losses are confirmed or the suspension continues.

Strategy CEO Phong Le says the company aims to become the world’s largest company and continue expanding its Bitcoin holdings. By late October 2026, Strategy held more than 840,000 BTC, making it the largest corporate Bitcoin holder. It bought about 175,000 BTC and sold roughly 7,000 this year, for net purchases of around 168,000 BTC. Le said the sales reflected the company’s cost of capital, not a bearish view of Bitcoin, and indicated that accumulation could resume. Strategy also aims to build a digital credit ecosystem valued at about $15 billion and provide markets and liquidity for the digital asset economy. Le said daily dividends could help strengthen its digital credit, STRC preferred stock and MSTR equity, supporting further Bitcoin purchases and growth in Bitcoin per share. The company plans to combine its software business with Bitcoin-related capital markets activities, an ambition Le has likened to becoming the “JPMorgan of Bitcoin.” The latest details add evidence of substantial 2026 net buying, but no new purchase, specific target or timeline was announced.

The Federal Reserve held its benchmark rate at 3.75%–4.00% after a 10–2 vote. Governors Lisa Cook and Beth Hammack dissented, favouring an immediate 25-basis-point increase. The Fed said inflation remains elevated and it will assess incoming data before deciding its next move. Energy costs and investment in AI infrastructure are among the inflation risks officials are monitoring, leaving a further hike in December possible. Markets were pricing in about an 87.5% chance of a December rate hike. After the decision, US stocks rose modestly and the dollar weakened, although those moves can reflect factors beyond Fed policy, including growth expectations, earnings and positioning. The next key releases are the US third-quarter GDP estimate and September PCE inflation report. Strong growth and persistent inflation could strengthen the case for higher rates for longer; weaker growth or easing inflation could lead traders to reassess. For crypto traders, the Fed rate decision matters because interest-rate expectations can influence liquidity, bond yields and appetite for risk. The hawkish dissent and prospect of another hike may weigh on crypto prices if they prompt tighter financial conditions, while softer economic data could ease that pressure. The Fed rate decision and upcoming data therefore remain important signals for crypto-market positioning.

Hyperliquid’s non-crypto trading has grown rapidly, from zero in September 2025 to a peak of 51% of platform volume in July 2026. It represented about 30% of October volume and 40% of the $7.2 billion traded on 27 October, with single stocks the largest non-crypto category.

OpenTrade, a London-based stablecoin yield platform, has appointed former Swift CEO Lazaro Campos as chairman. The company says its total value locked (TVL) has climbed to $300 million from more than $200 million in May. It also reports over $1 billion in transactions in the past year, up from more than $600 million in cumulative volume reported earlier. Founded in 2023, OpenTrade helps businesses offer dollar- and euro-denominated stablecoin yields backed by real-world assets (RWAs). The company has raised $32 million, including a $17 million funding round announced nearly six months before the appointment. Campos brings traditional payments experience as OpenTrade seeks to build credibility with financial institutions. The growth points to continued interest in stablecoin yield products and tokenised RWAs, but the announcement names no related tradable token. Demand, yield performance and regulation remain key factors for the business.

LITE climbed 15.5% over 24 hours and gained 11.3% in one hour, reaching 993.75 USDT in an earlier MSX.COM snapshot cited by Odaily. A later update put LITE up 10.6% at 971.53 USDT, indicating it had eased from that earlier level but remained sharply higher over 24 hours. Neither report identified a catalyst or provided trading-volume data. The move points to short-term buying momentum, but traders may watch volume and whether LITE can hold its gains before concluding the rally is sustainable.

Blockchain.com has added TRX options to its Trading Account, expanding a lineup that also includes BTC, ETH, SOL, HYPE, AVAX and XRP. The cash-settled, European-style contracts are offered directly by the company rather than on an exchange, initially expire within one week and must be funded upfront with USDC. The minimum premium is $5, with fees charged separately. Buyers cannot close positions early, and their losses are limited to the premium and applicable fees. Access is restricted in the US, UK, Canada and other excluded markets, subject to local rules. The options are available through Blockchain.com’s consumer app to eligible users in supported jurisdictions. TRON founder Justin Sun said the product offers another way to gain exposure to the ecosystem, while Blockchain.com executive Taro Ugen pointed to the network’s scale. TRON reports more than 411 million user accounts, 15 billion transactions and over $94 billion in circulating USDT. The launch comes amid other developments in institutional access to TRON, including a US staked-TRX ETF, Anchorage Digital custody and staking support, and a tokenized credit fund issued on the network. The TRX options launch adds a trading tool but does not, by itself, signal a change in TRON’s fundamentals or price direction.

Bitcoin briefly fell below $80,000 after the Federal Reserve held its benchmark rate at 3.75%–4.00%. The 10–2 vote included Lisa Cook and Beth Hammack dissenting in favour of a 0.25 percentage-point rate increase, keeping borrowing-cost concerns in focus. Bitcoin touched $79,607 before recovering to around $80,137, then was reported at about $79,811, down 1.5%. Weakness in technology stocks, including a sharp fall in Samsung shares, added to risk-off sentiment. The price decline came despite US spot Bitcoin ETFs attracting about $423.6 million in net inflows over three sessions from October 26 to 28, led by BlackRock’s IBIT. The inflows partly reversed earlier withdrawals but have not yet produced sustained price strength. Derivatives pressure remained significant: crypto futures liquidations reached about $367 million over 24 hours, including roughly $211 million in liquidated longs, while more than $69 million in Bitcoin positions were liquidated, mostly longs. Traders are watching support around $79,600–$80,000. A break below could put $78,000 and then $75,000–$76,000 in focus; reclaiming $82,000 may improve short-term momentum, with resistance around $84,000–$85,000. The US Personal Consumption Expenditures inflation report and further Fed comments may shape rate expectations. On-chain activity also offered little support: Santiment said weekday average transactions and active addresses from October 14 to 27 were below their July–September averages. The combination of hawkish Fed signals, subdued network activity and liquidations tempers the positive signal from Bitcoin ETF inflows.

Three wallets suspected of belonging to one whale initially deposited 494,300 HYPE, worth about $37.83 million, to Coinbase within 24 hours, according to Lookonchain. A later update from on-chain analyst Ember put the total at 694,300 HYPE, worth about $53.26 million, transferred over four days. The larger HYPE exchange inflow may signal an intention to sell and could add near-term supply pressure, but deposits alone do not confirm that the tokens have been sold. Traders may watch HYPE’s price, trading volume and further Coinbase inflows for confirmation.

BNB Chain has activated the Jenner hard fork on the BNB Smart Chain testnet. Its Payment Lane feature reserves 5% of each block’s gas limit for eligible payment transactions during congestion, with governance able to raise the share to 10% and approve payment contracts. The reserved capacity is unavailable to general transactions, even when idle. Eligible payments are not guaranteed inclusion and still pay fees. The Jenner hard fork also adds millisecond-level timestamps for smart contracts and functionality for the CAS20 asset standard. Mainnet deployment was previously targeted for late November. For BNB traders, this remains a testnet infrastructure upgrade; the market impact will depend on mainnet rollout and real-world use.

Russia is preparing a common crypto investor testing standard for regulated platforms, with brokers potentially starting client assessments by late November. NAUFOR says the standards have been finalised, while the draft was submitted to a Bank of Russia committee for review. Test results are expected to be recognised across licensed platforms using consistent procedures. Earlier draft proposals outlined separate rules for qualified and nonqualified investors. Retail investors would take a basic test and face a proposed annual purchase limit of 300,000 rubles per intermediary for approved, highly liquid crypto assets. Qualified investors would have broader access without an equivalent cap, but would still need to demonstrate knowledge of the risks. Bitcoin, Ether and USDT were among the assets proposed for regulated trading. The latest announcement does not confirm test content or how testing will affect access to crypto assets. NAUFOR is also developing a separate test for digital financial assets; the existing 600,000-ruble annual limit for certain nonqualified investors remains unchanged.

Marvell is reportedly in advanced talks to acquire optical-components maker Lumentum, potentially in a deal worth $90 billion to $100 billion. An agreement could be announced as soon as early November, but talks remain unconfirmed and may still be delayed or fall through. Marvell’s potential Lumentum deal would combine Lumentum’s lasers and indium phosphide manufacturing capacity with Marvell’s optical DSP and custom-chip businesses, positioning the companies to meet rising AI data-centre demand for high-speed optical connections as copper links approach practical limits. Lumentum has said some capacity is booked through early 2029 and demand for key products may outstrip supply. Shares initially moved sharply after reports emerged; later trading saw Marvell fall more than 8% and Lumentum rise about 9%, while Coherent also gained. Investors are weighing the strategic benefits against the likely high price, potential dilution and debt, and pressure on Marvell’s margins. Some customers could shift orders to Coherent to preserve supplier choice. The news concerns semiconductor and AI infrastructure rather than cryptocurrency directly, so any crypto-market effect is likely to be indirect and limited.

Meme coins saw extreme volatility across Solana, BNB Chain, Robinhood Chain and Base between 26 and 29 October 2026, with sharp price swings and rapidly changing trading leaders. The later 24-hour roundup reported Solana top-10 volume of $44.5 million, down from $57.6 million on 26 October. STONK led both periods, with volume easing from $15.4 million to $14.7 million. HOUSECOIN and Grokbot posted striking gains in the later report, while LAUNCH had surged 36,508.5% in the earlier roundup; BTC fell 32.2% initially and 30.0% in the later report. BNB Chain top-10 volume declined from $36.7 million to $33.7 million. The leader changed from IRYS, at $17.5 million, to BNCB, at $20.9 million. Earlier standout gainers included 4AGENT, while JAGENT surged in the later report and GANG fell 36.6%. Robinhood Chain volume rose from $22.5 million to $44.4 million, with PONS leading both reports; NMS and PIZZA recorded large gains in their respective roundups. Base volume climbed from $26.7 million to $90.4 million, but remained heavily concentrated in AXIS. Its reported volume increased from $25.7 million to $89.1 million, while its price fell 35.5% in the later roundup; most leading Base tokens also declined. Overall, the meme coin data show concentrated turnover and fast-changing momentum, not a clear market-wide trend. Traders should verify token data and liquidity and account for the risk of sharp reversals.

Sony has launched a global Soneium incubation program to help creators and startups turn blockchain entertainment ideas into commercial products. Selected teams will receive technical infrastructure, business development, marketing, community support and opportunities to work with Sony Group companies and meet potential investors. The program targets services for digital content, fan communities and creator revenue. Applications are open from October to December 2026, with selections expected to continue through March 2027; Sony has not said how many teams will be chosen or guaranteed direct funding. The initiative follows two earlier rounds that supported 43 projects since 2024. It comes as Soneium explores tokenized entertainment across music, anime and gaming, alongside a proposed native token and creator-funding tools. No token has launched, and supply and distribution details remain undisclosed. Soneium, an Ethereum layer 2 network developed by Sony and Startale Group, launched its mainnet in January 2025. The program may attract more developers and users to Soneium, but its impact on network activity and the proposed token remains uncertain.

Former FTX chief operating officer Constance Wang has criticised Netflix’s upcoming drama, “The Altruists,” for portraying the FTX collapse as a “toxic love story” between Sam Bankman-Fried and Caroline Ellison. The series is scheduled to premiere on 19 November 2026. Wang says most employees did not know about their relationship until after bankruptcy, describes a core team of fewer than 200 working 16- to 18-hour days, and disputes depictions of a party culture. She also says the show portrayed her without consulting her. Wang’s criticism follows her account of FTX’s November 2022 collapse: staff were told withdrawals were safe as customers sought to withdraw about $6 billion in 72 hours, before Bankman-Fried disclosed an estimated $8 billion shortfall. FTX had misused customer funds to support Alameda Research, contributing to bankruptcy and Bankman-Fried’s 25-year prison sentence for fraud and money laundering. The collapse affected an estimated nine million customers and investors; FTX’s bankruptcy team has recovered about $16.5 billion for repayments based on November 2022 account values. Wang was investigated but not charged and says she lost most of her FTX-related wealth. She later co-founded trading platform Pacifica, which reported $10 billion in trading volume in October 2026.

Alipay says it does not authorize third-party platforms to use its payment services for cryptocurrency trading, rejecting the impression that Peer’s USDC peer-to-peer service is supported by the payment provider. Alipay warned that unauthorized services could put users’ funds and accounts at risk, and said it has monitored and restricted crypto-related activity for years in line with China’s rules. Peer announced the beta service on October 27. It said that since August 21, the platform had recorded 107 transactions involving 45 buyers, worth about $7,094. Peer’s figures were not independently confirmed by Alipay. The company said yuan payments pass between users while USDC is transferred through onchain escrow, and clarified that it has no formal partnership or integration with Alipay. China prohibits virtual-currency trading and related fiat-to-crypto services. The Alipay warning highlights compliance risks for traders using domestic payment channels, but the reported volume is small and is unlikely to materially affect USDC’s price or the wider crypto market.