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In brief Activision “floated” the idea of stopping the production of physical game discs in 2007 during the development of Call of Duty 4: Modern Warfare, a former Infinity Ward employee said. Robert Bowling, who spent six years working on Call of Duty, said it has only been game publishers pushing to cut discs as they attempt to maximize profits and fight back against resellers like GameStop. He said that the only reason Sony has announced its plan to cease disc production now is that consumer habits have flipped, as more gamers buy digital over physical. Video game publishers have…
In brief HSBC launched RedCoi, a Hong Kong dollar stablecoin licensed by the HKMA, on its PayMe app, with more than 3.3 million users able to activate wallets in the coming days. Users can send RedCoin to friends or pay at more than 100,000 PayMe merchants. HSBC plans to add the token to its HK Mobile Banking app later this year. Banking giant HSBC switched on RedCoin on Friday, a Hong Kong dollar stablecoin that more than 3.3 million PayMe users will be able to activate in the coming days to pay friends or shop at more than 100,000 merchants,…
In brief Interpol said police from 21 countries arrested 1,462 suspects and recovered more than $105 million in one of Africa’s largest cybercrime operations. In Angola, investigators shut two illegal crypto mining centers, seizing more than 2,000 mining devices and six illegal power transformation stations. In Nigeria, authorities traced more than $2.4 million in suspected investment fraud proceeds, much of it laundered through crypto transactions. Law enforcement agencies from 21 countries arrested 1,462 suspects, disrupted 10,909 malicious networks and recovered more than $105 million in an Interpol-coordinated crackdown on cybercrime in Africa, the international police organization said on Thursday.Operation Serengeti…
In brief U.S. spot Bitcoin ETFs shed $635.6 million on Thursday, erasing nearly 60% of a three-day, $1.07 billion inflow streak and flipping October back to a net loss of about $176 million. Ethereum ETFs lost $110.6 million, bringing their October outflows to about $1.18 billion, while Solana ETFs shed $8.9 million. Prices held steady, with Bitcoin near $81,460, as Myriad traders cut the odds of Bitcoin topping $87,500 this month to 17%. Bitcoin ETFs’ October comeback lasted a single session.U.S. spot Bitcoin ETFs shed $635.6 million on Thursday, according to Decrypt’s ETF tracker, wiping out nearly 60% of the…
In brief New York Attorney General Letitia James is seeking about $1.37 billion from NovaTech founders Cynthia and Eddy Petion, who fled the U.S. before an August 2025 default judgment. Four top promoters agreed to pay nearly $6 million to benefit victims and are permanently banned from the securities, commodities and crypto industries. The scheme targeted Haitian communities through prayer groups and WhatsApp, and drew more than 11,000 New York investors. New York Attorney General Letitia James wants the founders of collapsed crypto trading platform NovaTech to pay nearly $1.4 billion. Collecting it may be another matter: The couple has…
In brief Vibe-coding your TV’s interface with an AI assistant is a real, working trend—but LG webOS is a different beast from Android TV, where most of the success stories come from. Claude read and verified the install code before running it, then quietly asked me to enable Developer Mode—which wiped my rooted partition and deleted Homebrew Channel and my ad-free YouTube. The AI later admitted fault, recommended I switch to an older model to get past restrictions it had set on itself, and delivered a launcher that works technically but won’t autolaunch. “I have to be straight about my…
In brief The SEC’s Division of Examinations published its FY2027 priorities, explicitly naming “super intelligence and other advanced technologies” as an area of heightened scrutiny for the first time. Tokenization also made the list under evolving market infrastructure risks, alongside Treasury clearing reforms—a signal that broker-dealers, advisers, and transfer agents should expect examiner attention on tokenized products. The priorities cover the Division’s more than 34,000 registrants. The SEC’s Division of Examinations dropped its FY2027 priorities on Thursday, and buried in the eight-point list it included “super intelligence and other advanced technologies that may affect market operations, compliance, fraud prevention, and…
In brief Netanyahu said on Israeli television that he has asked for a plan to use blockchain to get around possible banking sanctions. He told Israelis U.S. defense aid will end and said Israel must “prepare for a rainy day” beyond Trump; the current $3.8 billion-a-year deal expires in September 2028. Elliptic says Russia’s ruble stablecoin A7A5 moved about $102 billion in its first year before sanctions and other pressure cut its daily volume by 96%. Israeli Prime Minister Benjamin Netanyahu said he has asked for a plan to use cryptocurrency and blockchain networks to help Israel get around possible…
Britain’s financial watchdog warned that crypto trading apps could need regulatory approval if their software decides customer transactions.In draft guidance published Oct. 21, the Financial Conduct Authority (FCA) said applications that select trading venues or transaction routes based on assessments of price, liquidity, costs or execution speed may be arranging crypto deals, an activity requiring authorization under rules taking effect in October 2027.The interpretation could bring decentralized finance (DeFi) aggregators and automated trading interfaces within the UK’s licensing regime, potentially forcing operators to obtain regulatory permission or change how their software handles customer trades.The proposal forms part of the FCA’s…
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