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The automaker ends a program it once described as a long-term commitment to blockchain-based community building.
Porsche has ended PIONΞERS CIRCLE, a Web3 project the automaker launched to engage digital-asset communities. The program closed after nearly four years in operation, according to reports from Cointelegraph and crypto.news.
Porsche had previously described the initiative as a long-term commitment, signaling intent to build lasting ties between the brand and blockchain-based audiences. The project's closure less than four years after launch contrasts with that original framing.
Details on the specific reasons behind the shutdown were not fully disclosed in available reporting. Corporate Web3 projects of this kind typically combine token-gated access, digital collectibles, and community engagement tools meant to deepen customer loyalty outside traditional marketing channels.
Porsche's move follows a broader pattern among legacy brands experimenting with blockchain technology over the past several years. Many automakers, luxury goods companies, and consumer brands launched NFT or token-based community programs during the 2021 and 2022 crypto boom. Several of these initiatives have since been scaled back or discontinued as market enthusiasm cooled and user engagement with blockchain-based loyalty tools failed to match early projections.
The timing of PIONΞERS CIRCLE's shutdown is notable given the project's original positioning as a durable, multi-year commitment rather than a short-term marketing push. Brands that enter Web3 often cite long-term vision to differentiate their efforts from speculative token launches. When such projects close early, it can raise questions about the actual return on investment these initiatives delivered for the sponsoring company.
For Porsche specifically, this is not the brand's first encounter with blockchain-related controversy. The company has previously drawn attention for other crypto-adjacent ventures, and its broader approach to digital assets has evolved amid shifting market conditions. The closure of PIONΞERS CIRCLE represents another data point in that evolving relationship.
The broader Web3 loyalty and community space has faced persistent challenges in proving sustained user retention. Token-gated communities often see high initial interest followed by declining engagement once initial incentives or novelty factors fade. Corporate sponsors have had to weigh the costs of maintaining blockchain infrastructure, community management, and token economics against measurable business outcomes.
This pattern has led several major brands to quietly wind down similar initiatives without extensive public explanation. Porsche's decision to end PIONΞERS CIRCLE fits within that pattern. It also highlights ongoing uncertainty about which corporate blockchain strategies can achieve lasting relevance beyond initial hype cycles.
As of this report, Porsche has not detailed what, if anything, will replace PIONΞERS CIRCLE in its digital engagement strategy.
Market Impact
The shutdown is unlikely to have a direct effect on broader crypto markets, given the project's niche focus on brand community engagement rather than financial infrastructure. However, it may influence how other automotive and luxury brands evaluate the long-term viability of similar Web3 initiatives.
Corporate blockchain projects tied to community or loyalty programs often serve as experimental signals for industry sentiment. A high-profile closure like this could make other brands more cautious about launching multi-year Web3 commitments without clearer engagement metrics or exit strategies built in from the start.
Porsche's decision to end PIONΞERS CIRCLE underscores the difficulty corporate brands face in sustaining long-term blockchain initiatives. It adds to a broader industry trend of scaled-back Web3 experimentation following the sector's earlier hype cycles.
Frequently Asked Questions
What was PIONΞERS CIRCLE?
It was a Web3 project launched by Porsche to engage crypto and blockchain-focused communities around the brand.
How long did the project run before shutting down?
The project operated for nearly four years before Porsche discontinued it, according to reporting from Cointelegraph and crypto.news.
Why did Porsche end the initiative?
Specific reasons were not fully detailed in available reports, though the closure follows a broader trend of brands scaling back Web3 community programs.
Does this shutdown affect the broader crypto market?
The project's closure is unlikely to have a direct market-wide impact, as it was focused on brand engagement rather than financial infrastructure.
Originally reported by AltcoinGordon, written by Daniel Foster. Republished with permission.
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Stablecoin issuer Tether plans a relaunch of USDT on Bitcoin, more than a decade after the token's original debut there.
Tether is preparing to bring USDT back to the Bitcoin network this month. CoinDesk and The Cryptonomist both reported the move, describing it as a homecoming for the world's largest stablecoin. USDT's history with Bitcoin stretches back more than ten years.
Tether originally issued USDT on Bitcoin's Omni Layer protocol in 2014. Omni Layer allowed tokens to be built directly on top of Bitcoin's blockchain. At the time, it was one of the few practical ways to issue a stablecoin on-chain. The approach was slow and limited compared to what came later.
As other blockchains matured, Tether shifted its issuance elsewhere. Ethereum, Tron, and several other networks became the dominant homes for USDT. These chains offered faster transaction speeds and lower fees than Bitcoin's base layer could provide at the time. USDT's circulation on Bitcoin's original Omni Layer eventually became a small fraction of its total supply.
The planned relaunch comes as Bitcoin's technical ecosystem has evolved. Newer layers and protocols built on top of Bitcoin now support more complex token activity than was possible in 2014. Stablecoin issuers and other projects have shown renewed interest in using Bitcoin as a settlement and issuance layer. Tether's decision to bring USDT back fits into that broader trend.
Neither CoinDesk nor The Cryptonomist detailed the exact technical mechanism Tether will use for the relaunch. Both outlets framed the event as a return to Bitcoin rather than a brand-new product. The timing, described as happening this month, suggests an imminent rollout rather than a long-term roadmap item.
Tether has grown into the largest stablecoin issuer by market capitalization since its 2014 debut. Its token is now used across dozens of blockchains for trading, payments, and as a dollar proxy in regions with limited banking access. A return to Bitcoin would add another distribution channel for USDT, alongside its established presence on Ethereum, Tron, and other networks.
The move also carries symbolic weight for the stablecoin sector. Bitcoin remains the most widely recognized and, by some measures, the most secure blockchain network. Issuing USDT there again could be read as a statement about Bitcoin's renewed relevance for asset issuance, beyond its traditional role as a store of value.
Market Impact
A relaunch of USDT on Bitcoin could expand the stablecoin's reach into a network historically associated with holding and settlement rather than active token issuance. It may also encourage further development of infrastructure built to support stablecoins and other assets on top of Bitcoin.
For traders and institutions, having USDT natively available on Bitcoin could simplify certain settlement flows that currently route through other chains. The scale of any shift will depend on technical details and adoption that have not yet been fully reported.
Tether's planned return of USDT to the Bitcoin network closes a decade-long gap since the stablecoin's original debut there. The full scope and mechanics of the relaunch are expected to become clearer as the month progresses.
Frequently Asked Questions
When did USDT first launch on Bitcoin?
USDT was first issued on Bitcoin's Omni Layer protocol in 2014, according to reports covering the stablecoin's history.
Why did USDT move away from Bitcoin originally?
Other blockchains offered faster transactions and lower fees, leading Tether to shift most issuance to networks like Ethereum and Tron over time.
What exactly is changing this month?
CoinDesk and The Cryptonomist report that Tether plans to relaunch USDT on the Bitcoin network this month, though full technical details have not been disclosed.
Will USDT stop being issued on other blockchains?
Nothing reported suggests Tether plans to discontinue USDT on Ethereum, Tron, or other existing networks. The Bitcoin relaunch appears to be an addition rather than a replacement.
Update 02 Oct 2026, 10:07 UTC · added by CryptoBriefing
Crypto Briefing reports that Tether’s relaunch will run through the Utexo platform and the RGB protocol, enabling private transfers of USDT on Bitcoin alongside direct BTC-USDT swaps and Bitcoin-backed loans.
Originally reported by AltcoinGordon, written by Olivia Hayes. Republished with permission.
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A grassroots push for stablecoin rewards is reportedly running into resistance from Europe's monetary authorities.
A reported 50,000 Europeans have voiced opposition to how the European Union's central banks are handling stablecoin policy. According to multiple reports, the group wants regulators to loosen restrictions under the Markets in Crypto-Assets framework, known as MiCA.
At the center of the dispute is the question of stablecoin rewards. Many stablecoin issuers and platforms offer yield-like payouts to holders, similar to interest. Reports indicate the 50,000 individuals want this practice preserved or expanded under EU rules, rather than restricted.
Central banks in the region are reportedly resistant to that push. MiCA, which came into force to bring crypto-asset markets under a unified EU regulatory regime, already places constraints on how stablecoins can be issued, backed, and marketed. Central banks have generally favored tighter oversight of instruments that resemble bank deposits without carrying the same protections.
The friction reflects a broader tension in European monetary policy. Officials at the European Central Bank and national central banks have repeatedly expressed concern that privately issued stablecoins could undermine monetary sovereignty. They have also warned about risks to financial stability if large sums move out of regulated banking channels into crypto-based instruments offering returns.
Stablecoin rewards sit in a gray area for regulators. Interest-bearing products are typically regulated as securities or banking products, with disclosure and consumer protection rules attached. If stablecoin issuers offer similar payouts without equivalent oversight, regulators argue that could create an uneven playing field and expose retail users to risks that are less visible than in traditional finance.
The reported scale of the pushback, 50,000 individuals, suggests the issue has moved beyond a narrow community of crypto enthusiasts. It points to a wider constituency of retail users who have grown accustomed to earning returns on digital dollar-pegged or euro-pegged tokens. Whether this translates into a formal petition, a lobbying campaign, or sustained public pressure on EU institutions remains to be seen based on current reporting.
MiCA was designed to give the EU a comprehensive rulebook for crypto-assets, covering issuance, custody, and market conduct. Its stablecoin provisions, often referred to as the e-money token and asset-referenced token rules, impose reserve and redemption requirements on issuers. Those requirements were intended to prevent the kind of instability seen in some algorithmic stablecoin failures in past years. Loosening them, as the reported group is asking, would mark a significant shift in the EU's cautious approach to the sector.
Market Impact
If EU regulators were to soften restrictions on stablecoin rewards, it could make euro- and dollar-pegged tokens more attractive to retail holders across the bloc. That could increase demand for compliant stablecoins issued under MiCA and strengthen the position of licensed issuers operating in Europe.
Conversely, continued resistance from central banks would likely preserve the current separation between stablecoin products and interest-bearing, deposit-like offerings. That outcome would maintain a cautious regulatory environment that has already shaped how issuers market their products within the EU, and could keep yield-bearing features limited to platforms operating outside the region's direct oversight.
The standoff highlights an unresolved question at the heart of Europe's crypto framework: how far regulators are willing to let stablecoins resemble traditional financial products. The outcome could influence how issuers design products for EU users going forward.
Frequently Asked Questions
What are the 50,000 Europeans reportedly asking for?
Reports indicate they want the EU to loosen MiCA rules so they can continue earning rewards on stablecoin holdings.
Why are EU central banks resistant to stablecoin rewards?
Central banks have expressed concern that reward-bearing stablecoins resemble bank deposits without equivalent protections, and could affect monetary stability.
What is MiCA?
MiCA, the Markets in Crypto-Assets regulation, is the EU's framework governing the issuance, custody, and marketing of crypto-assets, including stablecoins.
Could MiCA rules actually change because of this pushback?
Current reporting does not confirm any regulatory change. It describes public pressure on the issue, not a decision by EU authorities.
Originally reported by AltcoinGordon, written by Liam Carter. Republished with permission.
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Crypto News Australia dan AMBCrypto sama-sama membahas Gala Dinner 22 November mendatang milik Trump, tetapi memberikan perkiraan waktu yang bertentangan untuk acara memecoin TRUMP 'kedua' sebelumnya.
Crypto News Australia dan AMBCrypto sama-sama membahas Gala Dinner 22 November mendatang milik Trump, tetapi memberikan perkiraan waktu yang bertentangan untuk acara memecoin TRUMP 'kedua' sebelumnya.
Apa yang disepakati semua sumber
Acara berikutnya, Gala Dinner, akan diadakan pada 22 November di Trump National Golf Club di Washington.
Ini akan menjadi makan malam kripto ketiga seperti itu.
185 pemegang TRUMP teratas diberi akses.

Pemungutan suara pemegang saham telah membuka jalan bagi Evernorth untuk melanjutkan rencana menuju treasury perusahaan yang dibangun di sekitar XRP, dengan penutupan diperkirakan pada Oktober.
Evernorth telah membersihkan pemungutan suara pemegang saham yang terkait dengan rencananya untuk membentuk treasury perusahaan yang berpusat pada XRP, menurut laporan yang diterbitkan pada 2 Oktober. Coinspeaker dan Cryptonews.com sama-sama menggambarkan pemungutan suara tersebut sebagai langkah signifikan menuju penyelesaian pengaturan, dengan transaksi yang diperkirakan akan ditutup pada akhir Oktober.
Persetujuan pemegang saham biasanya diperlukan sebelum perusahaan dapat merestrukturisasi neraca atau mengalokasikan modal besar untuk strategi aset baru. Keputusan untuk menyetujui pemungutan suara ini menghilangkan salah satu hambatan utama yang berdiri di antara Evernorth dan peluncuran resmi rencana treasurynya. Laporan tersebut menunjukkan bahwa perusahaan kini berada pada tahap akhir sebelum penutupan.

Fraudsters reportedly used AI-generated voice impersonation to trigger transfers, with €36 million routed into crypto
Fideuram, a major Italian private banking institution, has reportedly suffered losses of approximately €95 million tied to a scam that used artificial intelligence voice cloning technology. Reports indicate the fraud scheme relied on synthetic audio to impersonate trusted individuals, convincing bank staff or clients to authorize large transfers.
Of the total amount reportedly lost, around €36 million was subsequently moved into cryptocurrency. This detail has drawn particular attention from analysts who track how stolen funds move through digital asset markets after a breach or fraud event.
The case fits a broader pattern that has worried financial security experts for several years. AI-driven voice cloning tools have become cheap and widely accessible, lowering the barrier for criminals seeking to impersonate executives, relatives, or bank officials. Traditional verification methods built around recognizing a familiar voice are increasingly unreliable against this technology.
Banks have historically treated voice authentication as a secondary or supplementary security layer rather than a sole gatekeeper. Incidents like the one reported at Fideuram suggest that even layered defenses can be circumvented when synthetic audio is convincing enough and paired with social engineering tactics.
The movement of a significant portion of the stolen funds into cryptocurrency also highlights a recurring theme in large-scale financial fraud. Digital assets offer speed and, in some cases, reduced friction compared to traditional banking rails, making them attractive to criminals looking to move money quickly across borders. Once funds enter crypto markets, tracing and recovering them becomes more complex, though blockchain analysis firms and exchanges have improved their ability to flag suspicious flows in recent years.
Italian authorities and the bank itself have not yet detailed the full scope of their response, according to the available reporting. It remains unclear how much of the diverted €36 million, if any, has been frozen, recovered, or traced to specific wallets or exchanges. The broader €95 million figure also has not been fully broken down in terms of how it was distributed across different accounts, destinations, or time frames.
This incident arrives at a moment when regulators across Europe are scrutinizing both AI-enabled fraud and the use of crypto rails in money laundering. The European Union's evolving crypto asset regulatory framework, alongside anti-money laundering directives, has placed growing pressure on exchanges to implement stronger know-your-customer and transaction monitoring controls.
Financial institutions globally have been investing in deepfake detection tools and multi-factor verification systems to counter this threat. However, the scale of the reported Fideuram loss suggests that implementation gaps remain even at well-resourced banks with established compliance programs.
Market Impact
The reported diversion of €36 million into cryptocurrency is likely to intensify scrutiny of how exchanges handle large, rapid inflows tied to suspected fraud. Regulators and compliance teams may point to this case as evidence that stronger transaction monitoring is needed at the point where fiat-to-crypto conversions occur.
For the broader banking sector, the incident underscores the urgency of upgrading voice and identity verification systems to account for AI-generated impersonation. It may also accelerate adoption of stricter dual-authorization protocols for high-value transfers, particularly within private banking divisions that handle large client accounts.
The reported losses at Fideuram illustrate how AI voice technology and cryptocurrency can intersect to complicate both fraud execution and recovery efforts. As details continue to emerge, the case is likely to inform how banks and regulators approach synthetic media threats going forward.
Frequently Asked Questions
What happened at Fideuram bank?
Reports indicate Fideuram lost approximately €95 million in a scam that used AI-generated voice cloning to authorize fraudulent transfers.
How much of the stolen money went into cryptocurrency?
According to reporting, around €36 million of the total funds were subsequently moved into cryptocurrency.
How does AI voice cloning enable this type of fraud?
AI tools can synthesize a person's voice from limited audio samples, allowing scammers to impersonate executives, relatives, or officials convincingly enough to bypass voice-based verification.
Can funds moved into crypto be recovered?
Recovery depends on tracing transactions on the blockchain and cooperation from exchanges, which can be complex once funds are converted or moved across multiple wallets.
Is this type of fraud common in banking?
AI-enabled impersonation scams have been rising in frequency, prompting banks and regulators to reassess voice authentication and transfer authorization protocols.
Originally reported by AltcoinGordon, written by Benjamin Clarke. Republished with permission.
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Trading volume in tokenized equities is approaching limits set by the exemption, the company says.
Robinhood's crypto chief has flagged a regulatory hurdle standing between the company and a full U.S. rollout of tokenized stocks. The executive said an innovation exemption offered by the Securities and Exchange Commission carries volume limits that constrain how the product can scale domestically.
Tokenized stocks allow investors to trade digital representations of equity shares on blockchain rails. Robinhood has already introduced similar products outside the United States, particularly in European markets, where securities rules differ from those governing American exchanges.
According to the reports, trading volume tied to Robinhood's stock token offerings is nearing the caps set under the SEC exemption framework. That suggests demand already exists for blockchain-based equity products, even as regulatory ceilings limit how much further that demand can be met.
The SEC's innovation exemption is widely viewed as part of a broader effort to let companies experiment with blockchain-based securities products under controlled conditions. Exemptions of this kind typically allow limited-scale testing without requiring full registration under traditional securities law. They are often paired with caps on volume, user counts, or other metrics meant to contain risk while regulators evaluate the technology.
For a company the size of Robinhood, those caps can become a practical ceiling rather than a theoretical one. If trading activity approaches the limits built into the exemption, the firm faces a choice. It can seek expanded relief from regulators, pursue a different regulatory pathway, or hold back growth in the product until rules change.
The comments from Robinhood's crypto chief arrive amid wider industry debate over how tokenized securities should be regulated in the United States. Market structure legislation and ongoing SEC rulemaking have both touched on how digital representations of stocks, bonds, and other assets should be treated. Companies building tokenization products have generally pushed for clearer, more permanent rules rather than temporary exemptions bound by volume ceilings.
Robinhood is not alone in pursuing tokenized equity products. Several exchanges and fintech firms have explored similar offerings, often launching first in jurisdictions with more settled rules for digital securities. The company's experience with the SEC's current framework may inform how other firms approach the U.S. market, or whether they prioritize international launches instead.
Market Impact
If accurate, the volume constraints described by Robinhood's crypto chief suggest tokenized stock products are generating real trading interest rather than remaining a niche experiment. That could strengthen arguments from industry participants that the SEC should expand or replace capped exemptions with more permanent rules.
At the same time, the constraint may slow the pace at which tokenized equities reach mainstream U.S. retail investors. Firms weighing similar products could look more closely at overseas launches first, while waiting for American regulators to clarify long-term treatment of blockchain-based securities.
The disclosure highlights a recurring tension in U.S. crypto policy: regulators offering limited room for experimentation while demand for new products grows faster than the rules meant to contain them.
Frequently Asked Questions
What is a stock token?
A stock token is a blockchain-based digital asset meant to represent ownership or exposure to a traditional equity share.
What is the SEC's innovation exemption?
It is a regulatory allowance that lets companies test blockchain-based securities products under limited conditions, often with caps on trading volume or scale.
Why does this matter for Robinhood's U.S. plans?
Robinhood's crypto chief said volume on its stock token products is nearing the exemption's limits, which could restrict further growth of the offering within the United States.
Has Robinhood launched tokenized stocks elsewhere?
Robinhood has introduced tokenized stock products in markets outside the United States, including in Europe, where securities regulations differ from U.S. rules.
Originally reported by AltcoinGordon, written by Amelia Brooks. Republished with permission.
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A7 Network denies any connection to Iran after being added to the US sanctions list.
The U.S. Treasury Department has formally sanctioned A7 Network, a Russian payments platform, according to reporting from crypto.news. The action cites transfers totaling approximately $17 billion processed through the network. The sanctions place A7 on a list of entities barred from accessing U.S. financial infrastructure.
A7 Network has responded publicly to the designation. According to CryptoBriefing, the company has denied any links to Iran, rejecting one of the central allegations that reportedly factored into the Treasury's decision. The denial suggests A7 intends to contest the characterization of its activities, even as it faces the practical consequences of the sanctions listing.
Russian payment networks have come under increasing scrutiny from Western regulators since the onset of broad financial sanctions against Moscow. Entities operating in gray areas between traditional banking and crypto-adjacent settlement systems have become frequent targets. A7's size, reflected in the $17 billion transfer figure cited by Treasury, places it among the larger networks to face this kind of action.
Sanctions of this scale typically aim to cut off access to U.S. dollar clearing systems and correspondent banking relationships. For a payments network like A7, that can mean a significant disruption to its ability to settle cross-border transactions. Counterparties that continue to do business with a sanctioned entity risk secondary exposure, a factor that often prompts foreign banks and exchanges to sever ties quickly once a designation is announced.
The Iran allegation adds a geopolitical dimension to the case. U.S. sanctions regimes targeting Iran are separate from, but often intersect with, those targeting Russia, particularly where intermediaries are suspected of helping move funds around restrictions on either country. A7's denial indicates the company views the Iran connection as a distinct and disputed claim, separate from the broader transfer volume figures that Treasury cited.
Neither the crypto.news report nor the CryptoBriefing report detailed the specific mechanism by which A7 allegedly facilitated the transfers in question, whether through crypto rails, traditional banking channels, or a combination of both. That ambiguity is common in early sanctions reporting, where Treasury designations are often followed by more detailed enforcement filings in subsequent weeks.
Market participants watching Russia-linked payment infrastructure will likely look for further detail from Treasury on how the $17 billion figure was calculated and over what time period. Clarifying the role of digital assets, if any, in the alleged transfers will also shape how the crypto industry interprets the case.
Market Impact
Sanctions against a payments network of this scale can ripple through intermediaries that touch its transaction flow, including exchanges and banks with indirect exposure. Firms operating in jurisdictions with looser sanctions enforcement may face pressure to confirm they have no ongoing relationship with A7.
For the broader crypto market, the case underscores continued regulatory focus on how digital assets and payment networks intersect with sanctions evasion. Exchanges and custodians may tighten compliance screening in response, particularly for counterparties linked to Russian or Iranian financial activity.
The dispute between A7 Network and U.S. authorities over the Iran allegation remains unresolved. Further Treasury disclosures may clarify the scope of the $17 billion figure and the mechanisms behind the alleged transfers.
Frequently Asked Questions
What is A7 Network?
A7 Network is described in reporting as a Russian payments platform that has now been sanctioned by the U.S. Treasury Department.
Why did the U.S. sanction A7 Network?
Treasury cited approximately $17 billion in transfers tied to the network, according to crypto.news, though full details of the underlying investigation were not disclosed.
Does A7 Network have ties to Iran?
A7 has denied any links to Iran, according to CryptoBriefing, pushing back against one of the allegations connected to the sanctions action.
What happens to entities sanctioned by the U.S. Treasury?
Sanctioned entities are typically barred from accessing U.S. financial infrastructure, and counterparties risk secondary exposure if they continue transacting with them.
Originally reported by AltcoinGordon, written by Amelia Brooks. Republished with permission.
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Eksekutif bursa mengatakan kepada CNBC bahwa sebagian besar dana yang dicuri mungkin tidak akan pernah bisa diambil kembali, sementara laporan menimbulkan pertanyaan tentang kemungkinan adanya pelanggaran pada Coinbase juga
Bitget telah mengonfirmasi bahwa peretas telah menguras sekitar $388 juta dari bursa, dalam insiden yang dikaitkan dengan pelaku yang terhubung dengan Republik Rakyat Demokratik Korea Utara, yang biasa disebut DPRK. Angka tersebut juga disebut sebagai kira-kira $387 juta dalam beberapa pemberitaan, yang mencerminkan upaya berkelanjutan untuk memastikan cakupan kerugian yang sebenarnya.
CEO Bitget membahas pelanggaran tersebut secara langsung dalam komentar kepada CNBC, memberi tahu jaringan bahwa bursa tidak mengharapkan untuk memulihkan porsi besar dari aset yang dicuri. Pengakuan itu menegaskan tantangan yang terus berlanjut dalam keamanan kripto: setelah dana berpindah melalui mixer, jembatan lintas rantai (cross-chain bridges), atau bursa yang tidak teregulasi, melacaknya dan menariknya kembali menjadi sangat, sangat sulit.

Kenaikan harga yang tiba-tiba memaksa para penjual short berleveraj keluar dari posisi mereka dalam penghapusan cepat yang terkonsentrasi.
Para penjual short kripto kehilangan sekitar $110 juta dalam lonjakan likuidasi yang hanya berlangsung selama sepuluh menit, menurut laporan dari CryptoBriefing dan NewsBTC. Peristiwa ini dipicu oleh reli mendadak yang menggerakkan harga tajam melawan trader yang telah memasang taruhan pada penurunan lebih lanjut.
Likuidasi terjadi ketika posisi berleveraj tidak lagi dapat memenuhi persyaratan margin saat harga bergerak melawan mereka. Bursa kemudian secara otomatis menutup posisi-posisi tersebut, sering kali dengan harga yang kurang menguntungkan bagi trader. Ketika banyak posisi short dilikuidasi sekaligus, tekanan beli yang dihasilkan dari penutupan paksa dapat mempercepat reli yang justru menyebabkan squeeze.

Raksasa pembayaran itu mengatakan transaksi bisnis kini menyumbang 17% dari volume kartu stablecoin, menandakan adopsi komersial yang lebih luas.
Visa melaporkan bahwa pembayaran kartu yang terkait stablecoin meningkat hampir 200% dari tahun ke tahun, menurut data yang diungkapkan perusahaan. Tingkat pertumbuhan itu menegaskan seberapa cepat stablecoin bergerak dari alat perdagangan yang khusus menjadi infrastruktur pembayaran sehari-hari.
Seiring dengan angka pertumbuhan tersebut, Visa menyatakan bahwa pembayaran bisnis kini mewakili 17% dari total volume kartu terkait stablecoin. Porsi itu menunjukkan bahwa perusahaan—bukan hanya konsumen individual—semakin banyak menyelesaikan transaksi melalui infrastruktur stablecoin yang terhubung ke jaringan kartu Visa.

Court also rejects claims brought against Solana platform Meteora and its co-founder Chow in the same case.
A federal judge in the United States has dismissed a class action lawsuit connected to the LIBRA cryptocurrency, according to reporting from Bitcoin.com News and crypto.news. The suit had named Kelsier as a defendant, along with Solana-based platform Meteora and its co-founder, identified as Chow.
The LIBRA token became the subject of widespread scrutiny after its value collapsed, wiping out paper gains for many retail buyers. The episode drew attention partly because of its political ties, after reports linked the token's promotion to figures associated with Argentina's government earlier in the year. That controversy fueled investor lawsuits across multiple jurisdictions, with plaintiffs arguing that promoters and platforms bore responsibility for losses.
Kelsier, Meteora, and Chow were named as defendants in the dismissed case. Court filings and prior reporting have described Kelsier as a party connected to the token's launch or promotion, while Meteora operates as liquidity infrastructure on the Solana blockchain. The exact legal theory plaintiffs pursued against each defendant was not detailed in available reporting, but the dismissal applied broadly to claims against all three.
Class action suits in crypto markets often hinge on whether token issuers, promoters, or associated platforms can be classified as sellers of unregistered securities, or whether they owed a duty of care to retail buyers. Judges frequently dismiss such suits at early stages if plaintiffs fail to establish sufficient legal standing or a direct causal link between a defendant's conduct and investor losses. Reporting on this case did not specify the judge's reasoning in detail, leaving open questions about whether the dismissal was based on jurisdictional grounds, pleading deficiencies, or the merits of the underlying claims.
The LIBRA token saga has become a reference point for regulators and litigators examining how memecoins and politically adjacent tokens are marketed to retail investors. Lawsuits following sharp token collapses have grown more common as crypto markets have matured, with plaintiffs' attorneys testing various legal theories against issuers, exchanges, and liquidity providers alike.
This dismissal does not necessarily end legal exposure for Kelsier, Meteora, or Chow. Plaintiffs in dismissed class actions often have the option to refile amended complaints, particularly if a judge's order leaves room to cure procedural defects. Neither source indicated whether the plaintiffs intend to appeal or refile, nor whether the dismissal was issued with or without prejudice.
Market Impact
The dismissal removes near-term legal pressure on Kelsier and Meteora, two names that had been drawn into the broader fallout from the LIBRA token collapse. For Meteora specifically, a Solana-based liquidity platform, the ruling may ease concerns among users and partners about litigation risk tied to tokens launched or traded through its infrastructure.
More broadly, the outcome adds to a growing body of case law testing how far legal liability extends to platforms and promoters when a token's value collapses. Investors and legal observers will likely watch whether plaintiffs attempt to refile claims, and whether other jurisdictions pursuing similar LIBRA-related litigation reach different conclusions.
The dismissal offers a measure of legal relief for Kelsier, Meteora, and Chow, though it may not be the final word on claims tied to the LIBRA token's collapse. Further developments will depend on whether affected investors pursue amended filings or appeals.
Frequently Asked Questions
What was the lawsuit against Kelsier about?
The class action alleged harm connected to the LIBRA cryptocurrency, naming Kelsier, Meteora, and co-founder Chow as defendants, though the specific legal claims were not detailed in available reporting.
Who else was named in the dismissed case besides Kelsier?
The lawsuit also targeted Meteora, a Solana-based liquidity platform, and its co-founder, identified in reporting as Chow.
Does the dismissal mean the case is permanently closed?
Not necessarily. Dismissed class actions can sometimes be refiled or appealed, and neither source confirmed whether the ruling was issued with or without that option.
Why did the LIBRA token attract legal scrutiny in the first place?
The token's value collapsed after a period of heavy promotion, including reported ties to political figures in Argentina, prompting investors to seek legal recourse for their losses.
Originally reported by AltcoinGordon, written by AltcoinGordon Editorial. Republished with permission.
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Panduan baru manajer aset tersebut muncul ketika Bitcoin diperdagangkan di atas $80.000
Fidelity secara terbuka menyebut Bitcoin sebagai diversifier utama untuk portofolio investasi, menempatkannya sebagai alternatif bagi model alokasi saham-dan-obligasi tradisional. Pernyataan perusahaan itu dilaporkan oleh U.Today pada 2 Oktober 2026, dan dikonfirmasi oleh The Cryptonomist dalam laporan terpisah pada hari yang sama.
Fidelity adalah salah satu manajer aset terbesar di dunia, mengawasi triliunan dolar di berbagai rekening pensiun, reksa dana, dan mandat institusional. Sikap publiknya terhadap setiap kelas aset memiliki bobot di mata penasihat keuangan dan investor ritel. Menamai Bitcoin sebagai diversifier di luar aset konvensional menandai langkah penting dalam pesan keuangan arus utama seputar aset digital.

Data Santiment menunjukkan pembacaan terlemah untuk sentimen XRP sejak 17 Agustus, menurut dua media berita kripto.
Rasio sentimen XRP dari bullish ke bearish telah turun menjadi 0,67, menurut data dari perusahaan analitik on-chain dan sosial Santiment. Bitcoin.com News dan CoinGape sama-sama melaporkan pembacaan tersebut pada 2 Oktober, menggambarkannya sebagai yang terlemah sejak 17 Agustus.
Rasio ini melacak keseimbangan antara bahasa bullish dan bearish yang digunakan di berbagai platform media sosial dan forum yang berfokus pada kripto. Pembacaan di bawah 1,0 menunjukkan komentar bearish lebih banyak daripada komentar bullish. Pada angka 0,67, postingan bearish tentang XRP saat ini mengungguli postingan bullish dengan selisih yang cukup signifikan.

A sharp drop in trading activity has sliced deep into exchange operating income nationwide.
South Korea's crypto exchange industry recorded a steep drop in profitability during the first half of 2026. Reporting from Cointelegraph and BitKE put the decline in operating profits at roughly 78% to 80% compared with the prior period. Both outlets tied the slump directly to falling trading volumes across the sector.
Crypto exchanges generate most of their income from transaction fees. When trading activity slows, that revenue stream contracts quickly, since exchanges carry relatively fixed costs for compliance, custody, and technology regardless of volume. A near 80% drop in profit suggests trading volumes fell substantially during the first half of the year.
South Korea has long been one of the most active retail crypto markets in the world. Its exchanges have historically processed outsized trading volumes relative to the country's population, driven by strong retail participation. A sustained pullback in that activity therefore carries weight beyond the country's borders, given how closely global analysts watch Korean trading patterns as a gauge of retail sentiment.
The reported profit decline comes against a backdrop of broader uncertainty in crypto markets through 2026. Retail trading interest in major markets has cooled at various points this year, and South Korea appears to be no exception based on the figures described. Lower volumes typically follow periods of price stagnation or reduced volatility, since traders have less incentive to move in and out of positions.
Regulatory conditions in South Korea have also evolved over recent years, with authorities tightening oversight of exchange operations, know-your-customer requirements, and listing standards. While neither Cointelegraph nor BitKE attributed the profit drop specifically to regulatory changes, tighter compliance costs can compound the effect of lower trading revenue on exchange bottom lines.
The scale of the decline, described as roughly 78% by Cointelegraph and closer to 80% by BitKE, points to a difficult operating environment for exchanges that rely heavily on fee income. Smaller or mid-sized platforms may feel the pressure more acutely than larger incumbents with diversified revenue streams, such as staking services or institutional custody offerings, though neither report specified how individual exchanges fared relative to one another.
The figures add to a growing body of data suggesting that trading-fee-dependent business models face structural pressure when retail enthusiasm wanes. Exchanges in other jurisdictions have faced similar dynamics during quieter trading periods, often responding with cost-cutting measures or expansion into adjacent services like lending, derivatives, or tokenized asset custody.
Market Impact
A near-80% drop in operating profit signals real strain for exchanges whose business models depend on trading fees. If the slowdown persists, some platforms may need to cut costs, consolidate, or diversify into services less tied to transaction volume, such as custody or staking. Investors and partners watching South Korea's crypto sector may view this as a signal of cooling retail engagement, which could also affect sentiment in other Asian markets closely linked to Korean trading behavior.
The development may also sharpen scrutiny of exchange valuations and listing plans in South Korea, where several platforms have discussed public listings or expanded financial services in recent years. Weaker profitability could complicate those efforts, at least in the near term, depending on whether trading activity recovers later in the year.
The reported profit decline underscores how closely exchange revenue tracks trading activity, leaving South Korean platforms exposed to swings in retail sentiment for the remainder of 2026.
Frequently Asked Questions
What caused the drop in South Korean crypto exchange profits?
Cointelegraph and BitKE both attributed the decline to a slowdown in trading activity, which reduced the fee income exchanges rely on for revenue.
How large was the profit decline exactly?
Cointelegraph reported a roughly 78% fall in operating profits, while BitKE described the drop as close to 80%, both covering the first half of 2026.
Does this affect all South Korean exchanges equally?
Neither report broke the decline down by individual exchange, so it is unclear whether larger or smaller platforms were affected differently.
Is this decline linked to new regulations in South Korea?
The reporting did not directly link the profit drop to regulatory changes, instead pointing to lower trading volumes as the primary driver.
Originally reported by AltcoinGordon, written by Liam Carter. Republished with permission.
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Developers urge operators to update immediately as attackers probe older versions of the Lightning Network implementation
Core Lightning developers have issued an urgent warning to node operators running older, unpatched versions of the software. According to the alert, attackers are actively probing and targeting these nodes, prompting calls for immediate updates.
Core Lightning is one of several widely used implementations of the Lightning Network, the layer-two payment protocol built on top of Bitcoin. It allows users to send and receive bitcoin quickly and with lower fees by routing transactions through off-chain payment channels rather than settling every transfer directly on the base blockchain.
Because Lightning nodes often hold channel balances and manage live payment routes, security flaws in the underlying software can carry direct financial risk. An attacker who successfully exploits a vulnerable node could potentially disrupt channel operations or attempt to access funds tied to that node, depending on the nature of the flaw involved.
The warning specifically singles out nodes that have not been updated to the latest Core Lightning release. This suggests the issue stems from a known weakness that has already been addressed in newer versions, making the update itself the primary recommended defense. Node operators who have delayed upgrades are described as the most exposed group.
The alert was first reported by Cointelegraph, with CoinTurk News and crypto.news separately confirming that attackers are targeting older Core Lightning deployments. All three outlets describe the situation as an active security concern rather than a theoretical risk, with the development team pushing operators toward prompt remediation.
Lightning Network security incidents tend to draw close attention from the broader Bitcoin community because the network underpins a growing share of everyday bitcoin payments. Exchanges, wallet providers, and payment processors that rely on Lightning infrastructure are typically advised to treat such warnings as operational priorities rather than routine maintenance notices.
The specifics of the underlying vulnerability, including its technical cause and the scope of affected versions, have not been detailed in the available reporting. Node operators are nonetheless being encouraged to check their software version and apply the latest patch as a precaution.
Market Impact
Security warnings tied to Bitcoin's Lightning Network rarely move prices directly, since the issue concerns infrastructure rather than the asset itself. However, repeated incidents involving node software can affect confidence in Lightning-based payment rails, particularly among businesses and custodians that route transactions through the network.
For exchanges, wallets, and payment processors running Core Lightning, the immediate impact is operational. Teams managing affected nodes are likely to prioritize patching and review their exposure, which can mean temporary caution around channel management or liquidity routing while updates are applied.
The warning underscores a recurring theme in Bitcoin's layer-two ecosystem: as Lightning adoption grows, so does the importance of timely software maintenance. Node operators running Core Lightning are advised to confirm they are on the latest version as a precaution against active targeting.
Frequently Asked Questions
What is Core Lightning?
Core Lightning is one of the major software implementations used to run nodes on Bitcoin's Lightning Network, a layer-two protocol for fast, low-fee payments.
What exactly is being targeted?
According to the reports, attackers are targeting Core Lightning nodes that have not been updated to the latest software version.
What should node operators do?
Operators are being urged to update their Core Lightning software to the current release as soon as possible to reduce their exposure to the reported attacks.
Does this affect Bitcoin's main blockchain?
The reported issue concerns Lightning Network node software, a layer-two system built on top of Bitcoin, rather than the base Bitcoin blockchain itself.
Originally reported by AltcoinGordon, written by Grace Mitchell. Republished with permission.
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Dana tersebut menemukan bahwa El Salvador melanggar ketentuan program pinjamannya dengan memperluas eksposur terhadap Bitcoin, tetapi tetap menyetujui pembayaran tersebut
Dana Moneter Internasional (IMF) telah menyetujui kebijakan pengecualian untuk El Salvador setelah menentukan bahwa negara tersebut melanggar ketentuan yang terkait dengan kebijakan Bitcoin-nya dalam perjanjian pinjaman sebelumnya. Kebijakan pengecualian ini membuka jalan bagi penyaluran dana yang dilaporkan sebesar $138 juta oleh satu media dan $139 juta oleh media lain. Kedua angka tersebut mengarah pada tranches yang sama yang terkait dengan pengaturan pembiayaan El Salvador yang lebih luas dengan dana tersebut.

Pemungutan suara ini mengesahkan kesepakatan yang akan menjadikan Evernorth salah satu pemegang korporat terbesar dari XRP, menjelang rencana pencatatan di Nasdaq.
Para pemegang saham telah memberikan suara untuk menyetujui sebuah merger yang melibatkan Evernorth, sehingga membuka hambatan penting menuju pencatatan Nasdaq yang direncanakan perusahaan. Kesepakatan yang disetujui menempatkan sekitar 473 juta XRP di bawah kendali Evernorth, menurut laporan mengenai hasil pemungutan suara.
Persetujuan pemegang saham merupakan langkah prosedural namun krusial dalam merger korporat jenis ini. Biasanya, hal tersebut menandakan bahwa pihak-pihak yang terlibat dapat melanjutkan menuju penutupan transaksi dan mengejar proses pencatatan. Pencatatan di Nasdaq mengharuskan perusahaan memenuhi standar tata kelola, pengungkapan, dan keuangan tertentu, dan persetujuan merger sering kali menjadi salah satu dari beberapa langkah yang tersisa sebelum perdagangan dapat dimulai.

Regulator telah menyetujui kerangka yang mencakup sekuritas tokenisasi untuk saham, obligasi, dan dana, saat negara tersebut menargetkan peluncuran pada 2027.
Regulator Korea Selatan telah mengambil langkah maju dalam aturan yang mengatur sekuritas tokenisasi, menurut laporan yang diterbitkan oleh Cointelegraph dan crypto.news. Kerangka yang dilaporkan tersebut membahas bagaimana saham, obligasi, dan dana dapat diwakili serta diperdagangkan dalam bentuk token. Pejabat dilaporkan sedang mengupayakan timeline peluncuran menuju tahun 2027.
Sekuritas tokenisasi menerapkan pencatatan berbasis blockchain pada instrumen keuangan tradisional. Alih-alih hanya dicatat semata pada kustodian terpusat yang ada, catatan kepemilikan dan transfer dicatat pada distributed ledger. Para pendukung berpendapat ini dapat meningkatkan kecepatan penyelesaian, mengurangi biaya rekonsiliasi, serta memperluas akses ke pasar yang selama ini terbatas oleh geografi atau ukuran investasi minimum.

Protokol menghentikan operasional setelah serangan yang menguras hampir $4 juta, menambah catatan peretasan kripto yang sedang berjalan tahun ini.
NEAR Intents telah menghentikan layanan lintas rantainya setelah terjadi eksploit yang mengakibatkan kerugian sekitar $3,8 juta. Tim tersebut menghentikan operasional tak lama setelah serangan terdeteksi, menurut laporan dari BlockchainReporter, BitKE, dan Crypto News Australia.
Layanan lintas rantai seperti NEAR Intents dirancang untuk memungkinkan pengguna memindahkan aset dan mengeksekusi transaksi di berbagai jaringan blockchain tanpa harus menjembatani (bridge) setiap aset secara manual. Sistem seperti ini sering kali mengandalkan kontrak perantara, solver, atau relayer yang menahan atau merutekan dana sementara. Arsitektur tersebut dapat menciptakan permukaan serangan (attack surface) yang tidak dihadapi oleh aplikasi tradisional yang berjalan pada satu rantai saja.