The latest Bitcoin, Ethereum, altcoin and regulation news from CoinDesk, Cointelegraph, Decrypt, The Block, CryptoSlate, Bitcoin Magazine. Updated every 10 minutes.
Westpac will apply a cumulative monthly limit of A$10,000 to payments sent to identified cryptocurrency exchanges through covered accounts and payment methods starting Dec. 1. The bank will also stop accepting branch payments it identifies as going to crypto exchanges, with no exemptions or higher limits available.
A haul of 18,270 BTC tied to the Binance attack is valued at about $1.4 billion, according to the report. That amount is close to SpaceX’s disclosed Bitcoin holdings and is larger than Tesla’s reported BTC stash and more than twice El Salvador’s reserve.
Aave has started reopening parts of its frozen markets after emergency risk changes, but new borrowing and collateral use remain restricted for several assets. LlamaRisk says the updated caps preserve borrowing room, although access still depends on available liquidity and the market’s collateral settings.
In its Q3 2026 earnings Q&A, Strategy’s Michael Saylor and Phong Le fielded analyst questions on the company’s digital credit approach, STRC’s return to par, and the role of its other preferred shares. The discussion also covered Bitcoin’s financialization and whether MSTR could be tokenized for U.S. investors.
Mike Flaum of Log Scale Investments discussed Strategy, daily dividends, and bitcoin-backed credit structures on Bitcoin Magazine TV. He also compared bitcoin-linked preferreds with Treasuries and said he distinguishes volatility from risk when evaluating these assets.
Binance was reportedly hit by the largest crypto-related hack ever measured by dollar value, with more than $6.3 billion moving on-chain. Roughly $3 billion was frozen by stablecoin operators, while about $3.3 billion has not been recovered.
CoinDesk reports that OpenAI has cut its fundraising and valuation targets amid growing caution around the AI trade. The broader tech backdrop has weakened too, with the Nasdaq 100 down about 10% in three weeks from its Oct. 6 peak.
Maple disclosed about 225 million XRP across its syrupUSDC and syrupUSDT products, with displayed collateral totaling roughly $280.2 million. Three XRP-backed positions carry about $151.8 million in stablecoin principal and mature in December and January, but those dates do not guarantee collateral release.
MetaMask has added Stellar as a default network in Mobile and Extension, creating a Stellar address inside existing multichain accounts. However, receiving assets such as USDC still requires initial XLM funding and manual token activation before bridge or receive flows work properly.
Attackers raced to convert stolen stablecoins into crypto that issuers could not freeze as industry players like Tether and Circle moved to immobilize billions of dollars in assets.
Uniswap says Robinhood uses TJAR for stablecoin fee receipts, while the chosen release price shapes outside traders’ surplus. Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox
Michael Selig said the record $6.4 billion theft shows why offshore exchanges should register with the CFTC and adopt U.S.-grade cybersecurity standards.
Hackers behind Binance's $6.3 billion breach are using previously unseen laundering tactics while rapidly converting stolen assets into other cryptocurrencies. On Oct. 30, blockchain analytics firm Chainalysis said that investigators identified thousands of transactions executed…
Analysts at Cantor Fitzgerald, TD Cowen and Compass Point say the record $6.4 billion theft is a Binance security failure, not a crypto-wide threat, pointing clients toward proxies like Coinbase, Robinhood, and Strategy.
Tether, Circle and others moved within hours to block billions in stolen crypto, but legal experts question whether smaller victims would get the same protection.
Restoration estimates leave the practical test ahead: completed customer transfers and a separate reserve update. Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox
Reddit shares are down 44% this week after CEO Steve Huffman warned that Google's AI-powered search features are cutting referrals, while weaker user growth and disappointing fourth-quarter guidance added to investor concerns.
The stablecoin issuer’s US Treasury holdings are comparable to those of major foreign holders, while its Bitcoin reserves were valued at $8.37 billion at the end of September.
Bitcoin Magazine Coinbase (COIN) Misses Revenue Estimates as Users Fall, Armstrong Sets Up New Share Sales Coinbase had a mixed third quarter. Revenue came in at $1.20 billion, below the $1.233 billion analysts expected, according to company filings. Subscription and services…
Binance lost about $6.4 billion, the largest crypto hack on record, yet Bitcoin fell about 3%, against nearly 11% in 2018 when the exchange was last attacked.
The Q3 gap between stablecoin revenue and disclosed holder-rewards expense fell 16.6%, a calculation that excludes other costs and income. Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox
Raymond and Isiah Garcia held a Minnesota family at gunpoint for more than nine hours, forcing the father to transfer over $8 million in crypto, in one of the clearest “wrench attack” prosecutions yet.
Binance says it has set aside $6.34 billion to cover losses from the breach and the FBI and Secret Service are now working with the exchange as investigators trace the stolen funds.
Appia’s consultation findings expose a trade-off between pooling settlement liquidity and preserving competition among networks, with the architecture still open. Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The…