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In brief OFAC sanctioned 10 individuals and one entity over North Korean IT worker schemes that defraud U.S. businesses and fund the country’s weapons programs. Treasury says Russian nationals Ilya Boykov and Vitold Obertas converted millions of dollars in crypto for North Korean networks since 2024. The sanctions listings include Ethereum and Tron addresses, one of which is linked to both Russian men. The U.S. Treasury Department has sanctioned 10 individuals and one entity for their roles in North Korean IT worker schemes that defraud U.S. businesses and generate revenue for the country’s weapons programs, the department said on Wednesday.North…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin’s recent struggles have sparked another heated argument between investors, and this time, there’s a potential $1 million wager involved. Real estate investor Grant Cardone has challenged venture capitalist Jason Calacanis to bet on whether Bitcoin can return to its previous all-time high within two years. The disagreement follows Calacanis’ prediction that Bitcoin will never reach another record and could fall toward $57,000 over the next 12 months. Cardone sees a different future. He believes Bitcoin can recover, and he’s willing to put a substantial amount of…

In brief Strategy shareholders approved an amendment letting its four preferred stocks accrue dividends every calendar day, with 99.3% of votes cast in favor, according to preliminary results. STRC’s first daily record date will be November 1, with payment on November 2, while STRF, STRK and STRD will switch over on January 1. Dividends with record dates that fall on weekends or holidays will be bundled together and paid on the next business day, according to an SEC filing. Strategy shareholders have approved a plan to let the company’s four preferred stocks accrue dividends every calendar day, including weekends and…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure TLDR Euronext suspended the CoinShares Zcash ETP (ZCSH) on Euronext Paris on the day it was meant to start trading. The exchange operator cited operational settlement requirements. The suspension stays in place until the Central Securities Depository (CSD) can fully support standard settlement operations. CoinShares would have been the fourth issuer to list a Zcash ETP in Europe. Euronext Pulls the Plug on ZCSH Euronext suspended CoinShares’ Zcash exchange-traded product on Wednesday, the very day it was scheduled to debut on Euronext Paris. In its official notice,…

In brief Anthropic’s Alignment team found that 50 professional analysts matched their AI agent’s secretly assigned, coin-flip-chosen preference on 86% of four analytical decisions, against 50% expected by chance. In a post-task survey of 48 analysts, 77% repeated the agent’s arguments, sometimes word for word, while only 15% credited the agent, and none suspected its preferences had been manipulated. Anthropic cautions that the lean was deliberately amplified and tested on one task, field, and model, and suggests agents that argue the best case for each option or ask the expert’s view first. Professional analysts adopted their AI agent’s hidden, randomly…

In brief The Fed held its target range at 3.75%-4.00% in a 10-2 vote, with Governor Lisa Cook and Cleveland Fed President Beth Hammack dissenting in favor of a quarter-point hike. The statement now calls economic activity “strong,” up from “solid” in September, and says more information will determine the policy stance. Bitcoin edged up about 0.2% to roughly $80,950 after the announcement, and the Fed’s next meeting, Dec. 8-9, comes with new economic projections. The Federal Reserve left interest rates unchanged at 3.75% to 4.00% on Wednesday in a 10-2 vote, with two officials dissenting in favor of another…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure TLDR US spot Bitcoin ETFs recorded about $176 million in net inflows on Tuesday, their second straight day of gains. The two-day total reached $286 million, following $110 million on Monday. October’s net outflows have narrowed to roughly $26 million, while year-to-date inflows sit near $850 million. Ether ETFs are moving the other way, with October outflows hitting $1.32 billion. Bitcoin ETFs Extend Their Recovery There’s a clear shift in momentum for US-listed spot Bitcoin ETFs. They attracted about $176 million in net inflows on Tuesday, stretching their…

In brief Some 22% of U.S. adults have ever owned or used crypto, up from 18% in 2025, but past-year use held at 13%, and the growth came mostly from lapsed users. Only 19% say the financial system is secure, and 63% say it needs an upgrade to combat threats like AI and cybercrime. Yet just 4% trust crypto exchanges. Only 2% are very familiar with DeFi, though 40% say they’d be at least somewhat likely to try it. More Americans have tried crypto than a year ago. Far fewer are still using it.Some 22% of U.S. adults say they…

In brief Upwind Security raised a $400 million Series C led by Bessemer Venture Partners at a $3.8 billion valuation, up from $1.5 billion in January. The company says revenue quadrupled in 2026 but has not disclosed dollar figures. The money will fund AI sensors for endpoints, scanners for AI agents and their skills, and expansion into identity, data and AI security. Upwind Security raised $400 million in a Series C round at a $3.8 billion valuation, the cloud and AI security company announced Wednesday. Bessemer Venture Partners led the round, less than nine months after it also led Upwind’s…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure TLDR Coinbase says an incident at analytics vendor Amplitude exposed contact information for a small subset of its customers. The exchange says it found no evidence that its own systems were breached and that customer funds were not affected. The disclosure came amid other Wednesday reports of attacks on Bithumb and Daishin Securities in South Korea. Coinbase has not said how many customers were affected. Coinbase Points to Third-Party Vendor Coinbase confirmed that some customers’ contact information was exposed in a security incident at Amplitude, a third-party…

In brief Datavault AI shares fell 49.55% to $0.067 on Oct. 27 after an SEC filing said the company has been unable to complete a June request to withdraw Bitcoin from Biconomy. The company will restate four financial reports, cutting reported assets by up to $92.2 million, after reclassifying Bitcoin from a $150 million Scilex stock deal as a subscription receivable. Management is reassessing its going-concern status because it had counted the Bitcoin as a source of liquidity and says collecting what Scilex owes is uncertain. Datavault AI shares fell more than 50% on Tuesday to close at $0.06, after…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure TLDR South Korean exchange Bithumb is investigating a data leak after its in-house mobile work system was hacked. The exchange discovered the breach on Tuesday and notified the Korea Internet & Security Agency and the Personal Information Protection Commission the same day. Bithumb says the internal system is separate from its trading platform, so customer assets cannot be accessed through this breach. The attack is part of a wider wave hitting Korea’s financial sector, with 16 firms targeted as of Oct. 14. Bithumb’s Internal System Compromised There…

Robinhood’s event-contract revenue exceeded crypto revenue for the second consecutive quarter, reaching $173 million in the third quarter, up from $120 million in the second quarter, according to the company’s results.Both businesses grew from the second quarter, with Robinhood’s crypto revenue rising from $100 million to $120 million quarter-on-quarter. Revenue from prediction markets rose from $156 million to $173 million in the same period.Year over year, cryptocurrency revenue fell 55%, while event-contract revenue grew more than sixfold. That growth raises the stakes in the dispute over whether states can restrict federally regulated prediction markets.Total net revenue reached a record $1.4…