Bitcoin ETFs Draw $110 Million as Ether Funds Shed $88.6 Million
According to SoSoValue, U.S. spot Bitcoin ETFs recorded $110 million in net inflows on October 26, entirely driven by BlackRock's IBIT, bringing its cumulative net inflows to $66.24 billion. Spot Ethereum ETFs saw $88.58 million in net outflows, although Fidelity's FETH led individual fund inflows with $16.13 million. BlackRock is the world's largest asset manager, while Fidelity is one of the largest U.S. investment firms.
Zcash Co-Founder Proposes Redirecting 8% of Block Subsidies to Network Sustainability Mechanism
Zcash co-founder and protocol developer Sean Bowe has submitted a draft Zcash Improvement Proposal (ZIP) to end the 8% block subsidy allocation to Zcash Community Grants (ZCG) and redirect it to the Network Sustainability Mechanism (NSM), withholding the funds from immediate circulation. The proposal argues that ZCG's existing reserves are sufficient to sustain its grant-making activities. It would leave ZCG's existing treasury, the separate 12% Coinholder-Controlled Fund allocation, miners' subsidy share, and ZEC's maximum supply unchanged.
Grayscale Says Zcash's 20% Developer Funding Has Fueled a Decade of Innovation
Grayscale, a leading digital asset manager, highlighted Zcash's (ZEC) continued innovation ahead of its 10th anniversary on October 28, attributing part of its progress to the allocation of 20% of block rewards to developer funding. The privacy-focused cryptocurrency has evolved through multiple shielded pools, from Sprout and Sapling to Orchard and the 2026 Ironwood upgrade, which introduced quantum-recoverable addresses and formal verification to address security vulnerabilities.
Highlight Clip: Chris Dixon: Why Expand a16z Crypto into a16z Frontier?
Chris Dixon: Why Expand a16z Crypto into a16z Frontier? On October 23, 2026, a16z Managing Partner Chris Dixon said the expansion of a16z Crypto into a16z Frontier reflects the increasingly blurred boundaries between crypto, fintech, Wall Street, and mainstream technology. Stablecoins have become a standard tool for fintech companies, while asset tokenization is growing rapidly. The team will explore frontier areas that remain underserved by existing investment efforts, continuing its approach of identifying investment opportunities in the second-order effects of technological advances.
Sixpence to run points campaign on Robinhood Chain with 10,000 USDG rewards
Sixpence, an onchain money market for tokenized U.S. stocks, will run a points campaign on Robinhood Chain from October 26 at 00:00 to November 23 at 00:00 (UTC), with a total reward pool of 10,000 USDG, split into two periods of 5,000 USDG each. Sixpence allows users to borrow stablecoins against tokenized U.S. stocks such as AAPL, TSLA, and NVDA, or deposit stock tokens into a Vault to earn interest. The project raised $5 million in seed funding from investors including a16z CSX.
Foundation Identifies Over 23,000 Phishing Email Attempts in Passport Wallet Security Incident
Passport hardware wallet maker Foundation said it has identified more than 23,000 phishing email attempts, including 19,057 messages delivered through Mailgun and 1,503 sent via Google Workspace. The number of affected users remains unknown. The investigation found that personal information from historical WooCommerce orders remained in legacy database tables despite appearing redacted in the admin dashboard. Customer data from orders placed through Shopify since May may also have been exposed. Foundation said it has revoked affected email credentials and taken compromised legacy services offline. There is no evidence that Passport devices or their private keys were compromised. The phishing emails attempted to trick users into revealing their wallet recovery phrases.
Hyperliquid: Kraken Parent Payward Plans to Become First CFTC-Regulated HIP-3* Deployer
Hyperliquid announced that Kraken parent Payward plans to become the first CFTC-regulated HIP-3* deployer, using Hyperliquid infrastructure to offer perpetual futures markets to U.S. clients. Subject to regulatory approval, Payward's CFTC-regulated DCM and DCO, Bitnomial, would serve as the deployer, managing the markets and clearing and settling contracts, while its CFTC-registered FCM, NinjaTrader Clearing, would carry client accounts. HIP-3* will introduce optional onchain allowlists for permissioned markets without affecting existing HIP-3 markets. The initial version is available on testnet, with specifications subject to change.
Ethereum Delays Glamsterdam Hoodi Fork Over EIP-8037 and EIP-8038 Risks
Ethereum researcher Toni Wahrstätter said the planned Glamsterdam fork on the Hoodi testnet has been delayed after ChainSecurity identified compatibility risks in EIP-8037 and EIP-8038. The gas changes could break contracts that assume gas usage only decreases or cause failed sub-calls to behave unexpectedly. ChainSecurity has found 13 real-world cases, and developers are reviewing whether the upgrade specification needs changes.
Jack Dorsey's Bitcoin-Enabled Bitchat Tops France's App Store Social Chart
Jack Dorsey's decentralized messaging app Bitchat topped France's App Store Social Networking chart following nationwide protests and an Orange network outage on October 21. The app enables offline messaging via Bluetooth mesh networks, supports Nostr-based communication, and integrates Bitcoin-backed Cashu eCash payments.
CZ Attends Nasdaq Bell-Ringing Ceremony for World's Largest Corporate BNB Treasury Firm
Nasdaq-listed BNB Standard Corporation (NASDAQ: BNC) rang the opening bell at Nasdaq's MarketSite in Times Square, New York, to mark its rebranding and the appointment of Alex Odagiu as CEO. Formerly known as CEA Industries, the company officially changed its name on September 29. Its business includes managing a corporate BNB treasury, and it plans to operate a validator node on BNB Chain. The company claims to hold the world's largest corporate BNB treasury.
Akash Network selects Solana for blockchain migration
Akash Network said it has selected Solana as the destination for its planned blockchain migration. The decentralized GPU and AI compute network currently runs its own Cosmos SDK-based chain, but previously said it intends to move to a shared-security architecture to reduce network maintenance costs and the capital burden associated with AKT staking. Solana and Ethereum had both been under consideration before Akash made its final choice.
Keystone Breach Exposed 25,964 Purchase Records and Compromised Device Verification Key
Keystone said its latest investigation found that attackers obtained a WebAuth device-authentication key through the website breach, potentially allowing counterfeit hardware wallets to pass official authenticity checks. The company will destroy 18,835 unsold devices using the old key, pause unshipped orders and switch new production to a replacement key. The incident also affected 25,964 purchase records and 12,873 incomplete checkout records, while Keystone said seed phrases, private keys and transaction signing were not compromised.
Galaxy: Bitcoin bear market ended in June, accumulation phase underway
Galaxy Research said Bitcoin’s bear market ended in June 2026 and the asset is now in an accumulation phase, with BTC closing above its 50-week moving average for five consecutive weeks. Monthly transfers from coins held for more than five years have fallen to about 34,000 BTC from 67,000 in 2024, suggesting reduced selling pressure from long-term holders. Galaxy said the bullish view would weaken if Bitcoin falls below its roughly $76,540 50-week moving average and fails to reclaim it within a month.
S&P Global acquires OpenZeppelin to boost digital asset risk capabilities
S&P Global has completed its acquisition of blockchain security firm OpenZeppelin for an undisclosed amount. The deal is intended to strengthen S&P Global’s digital asset and smart contract risk capabilities. OpenZeppelin will continue to operate independently under founder Demian Brener, while its open-source smart contract libraries will remain freely available.
Strategy buys no Bitcoin for week, spends $205M on STRC buybacks
Strategy said it made no Bitcoin purchases or sales and conducted no ATM stock sales between October 19 and 25, while spending about $204.9 million to repurchase 2.07 million STRC preferred shares. The company continues to hold 848,517 BTC acquired for about $64.02 billion at an average price of $75,446, alongside a $4.83 billion USD Reserve and roughly $242 million in additional cash.
BitMine acquires 10,452 ETH, total holdings reach 6,051,933 ETH
BitMine said it acquired 10,452 ETH over the past week, bringing total holdings to 6,051,933 ETH, or about 4.95% of Ethereum’s supply. The company also repurchased 2.04 million shares at an average price of $22.48; its 2026 buybacks now total 22.9 million shares, or about $399.6 million. BitMine has 5.23 million ETH staked and reported total crypto, cash, marketable securities and other investments of about $15 billion.
Strive opens $1B ATM program for SATS preferred stock, may fund Bitcoin purchases
According to an SEC filing, Strive entered into an at-the-market sales agreement with Cantor Fitzgerald, Barclays and five other firms to sell up to $1 billion of its Series A perpetual preferred stock, SATS. The shares carry a 15% annual cumulative dividend rate based on a $100 liquidation preference. Strive said net proceeds may be used for general corporate purposes, including Bitcoin purchases, working capital, income-generating investments and repurchases of common or preferred stock.
Singapore Gulf Bank's parent appoints Revolut chairman to advisory board
Asia Gulf Holdings, parent of Bahrain-licensed Singapore Gulf Bank, appointed Revolut Group chairman Martin Gilbert and former Singapore minister Maliki Osman to its Global Advisory Board. Gilbert will advise on investment strategy and asset management across Asia and the Middle East, while Osman will focus on geopolitics and government relations.
MEXC winds down Netherlands, expands restricted-market list
MEXC Lacks MiCA Authorization, Winds Down Netherlands as Restricted-Market List Expands MEXC said it does not hold MiCA authorization in the EU and EEA and is winding down services in the Netherlands, with final offboarding scheduled for November 16. The exchange is also discontinuing services for users in Russia and Belarus. Separately, its User Agreement currently lists 13 prohibited jurisdictions, including the United States, Canada, the United Kingdom, Singapore, Hong Kong, Mainland China, Malaysia and Kazakhstan.
WuBlockchain Weekly Outlook | Microsoft and Google Earnings Follow the Fed as ECB and BOJ Decisio...
Editor | Wu Blockchain Verified as of October 24, 2026 (ET) | Coverage period: October 26–November 1, 2026 (ET) The key events to watch this week: The Fed, ECB and BOJ will announce rate decisions this week, while Microsoft, Alphabet and Amazon report earnings. Investors will focus on whether cloud revenue growth can support AI capital spending, and whether inflation and economic data justify further monetary tightening. Wednesday, October 28, 2:00 p.m. ET | Fed Rate Decision; 2:30 p.m. Press Conference The Fed voted unanimously to raise rates by 25 basis points in September, bringing the target range to 3.75%–4.00%. Markets broadly expect rates to remain unchanged this week. Investors will focus on Chair Kevin Warsh's assessment of energy inflation, employment and consumer spending, and whether he offers any clues about another potential rate hike in December. With no new dot plot or economic projections, the statement and press conference will provide the main policy signals. Wednesday, October 28, 4:30 p.m. and 5:30 p.m. ET | Alphabet Q3 and Microsoft Fiscal Q1 Earnings Calls Microsoft's Azure and other cloud services revenue grew 43% last quarter, while Alphabet's Google Cloud revenue surged 82% to $24.8 billion. After Meta reported $34.91 billion in quarterly CapEx and negative free cash flow of $2.12 billion, attention will turn to cloud revenue, order backlogs, margins and spending guidance. The key question is how much additional infrastructure investment these companies need to sustain AI-driven growth. Thursday, October 29, 8:30 a.m. ET | U.S. Q3 GDP Advance Estimate and September PCE U.S. real GDP grew at an annualized rate of 2.2% in Q2, down from 2.5% in Q1. August headline PCE inflation reached 3.4% year over year, with core PCE at 3.0%. The releases will show whether consumer spending and private investment are sustaining growth, and whether underlying price pressures persist. Arriving after the Fed decision, the data could reshape expectations for December's rate decision. Thursday, October 29, 9:15 a.m. ET | ECB Rate Decision; 9:45 a.m. Press Conference The ECB raised its deposit rate by 25 basis points to 2.50% in September and projected inflation of 2.5% in 2027 and 2.1% in 2028. Markets broadly expect rates to remain unchanged. Investors will focus on how persistent energy costs are affecting inflation and what conditions could justify further tightening. A more hawkish signal could lift European bond yields and support the euro. Thursday, October 29, 5:00 p.m. ET | Amazon and Intel Q3 Earnings Calls Amazon's AWS revenue grew 37% to $42.2 billion last quarter, its fastest growth in 18 quarters, while group operating income rose 43% to $27.5 billion. AWS growth, margins and AI infrastructure spending guidance will be central to the report. Intel's results will provide an update on foundry losses, advanced manufacturing customers and future investment plans, including whether new process technologies are attracting external orders. Thursday, October 29–Friday, October 30 ET | BOJ Rate Decision and Economic Outlook, Release Time TBA; Friday, 2:30 a.m. ET Governor's Press Conference The BOJ raised its policy rate to 1.25% in September and will publish updated growth and inflation projections. Markets widely expect no immediate rate change. The focus will be on whether inflation forecasts are revised higher and how wage growth, yen weakness and imported energy costs affect the case for further hikes. A more hawkish outlook could strengthen the yen, lift Japanese bond yields and pressure global carry trades. Bottom line: Central banks face a difficult trade-off between inflation and growth. With U.S. core PCE inflation at 3.0%, investors will watch for clues on what could justify another Fed rate hike. Microsoft, Alphabet and Amazon will update cloud growth, margins and AI spending plans. Strong cloud revenue growth may support earnings expectations, but rising Treasury yields could still weigh on tech valuations.