๐๐ CRYPTO MARKET NEWS UPDATE โ OCTOBER 7, 2026
๐ฅ BTC is trading around $85,300 as major developments across blockchain, security, prediction markets and tokenization dominate todayโs crypto headlines.
๐ Top News Today:
โ๏ธ Ethereum L2 Abstract to shut down โ The Pudgy Penguins-backed Layer 2 will wind down after reportedly losing tens of millions of dollars.
โ๏ธ Polymarket launches V2 โ The prediction market platform rolls out a new architecture using a single ERC-1155 positions contract and pUSD collateral.
โ๏ธ Ondo expands onchain private-market access โ Ondo launches exposure to private companies onchain, initially focusing on AI-related firms.
โ๏ธ ZachXBT reveals Lazarus-linked laundering operation โ The blockchain investigator says he spent $349,700 infiltrating an alleged Chinese network tied to laundering funds for North Koreaโs Lazarus Group.
โ๏ธ Solana treasury firm approves CHAD buyback โ DeFi Development authorizes a preferred-stock buyback program as part of its Solana-focused treasury strategy.
๐ Todayโs Focus:
Layer-2 shutdowns, crypto security, prediction markets and tokenized real-world assets are among the key breaking stories today.
๐ฅ BTC is trading around $85,300 as major developments across blockchain, security, prediction markets and tokenization dominate todayโs crypto headlines.
๐ Top News Today:
โ๏ธ Ethereum L2 Abstract to shut down โ The Pudgy Penguins-backed Layer 2 will wind down after reportedly losing tens of millions of dollars.
โ๏ธ Polymarket launches V2 โ The prediction market platform rolls out a new architecture using a single ERC-1155 positions contract and pUSD collateral.
โ๏ธ Ondo expands onchain private-market access โ Ondo launches exposure to private companies onchain, initially focusing on AI-related firms.
โ๏ธ ZachXBT reveals Lazarus-linked laundering operation โ The blockchain investigator says he spent $349,700 infiltrating an alleged Chinese network tied to laundering funds for North Koreaโs Lazarus Group.
โ๏ธ Solana treasury firm approves CHAD buyback โ DeFi Development authorizes a preferred-stock buyback program as part of its Solana-focused treasury strategy.
๐ Todayโs Focus:
Layer-2 shutdowns, crypto security, prediction markets and tokenized real-world assets are among the key breaking stories today.