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In brief Coinbase filed with the CFTC through Coinbase Derivatives to list single-stock perpetual futures in the US, seeking to bring the popular crypto instrument to individual equities. Perpetual futures track an asset’s price with no expiration date; Coinbase plans roughly 50 to 60 contracts—including Apple, Microsoft, Tesla and Nvidia—possibly launching later this year. The move extends Coinbase’s onshore derivatives push amid a broader race to bring perps to U.S. traders. Coinbase is looking to import one of crypto’s most popular trading instruments into the U.S. stock market, filing to list single-stock perpetual futures with federal regulators.The filing, submitted Friday…

The Commodity Futures Trading Commission on Thursday sent a proposal to the White House to regulate crypto transactions and markets.  It isn’t clear what the regulations will look like from the post on the Office of Management and Budget’s website. The proposal is titled “Regulation Crypto Asset Transactions and Regulation Crypto Asset Markets.” The CFTC’s move comes after lawmakers blocked the long-awaited crypto legislation Clarity Act on Tuesday. Despite the law not advancing, both the CFTC and Securities and Exchange Commission have said they would go ahead with crypto rulemaking anyway.  CFTC Chair Mike Selig said on Wednesday that while…

In brief Zcash developers are targeting Nov. 5 to activate NU7, an upgrade that cuts block time—the interval between confirmed batches of transactions. A companion rule shrinks the reward miners earn per block by roughly the same factor, so the total amount of new ZEC created each day doesn’t change. 98.9% of voting coinholders chose to keep Zcash’s Bitcoin-style halvings intact, and a new mechanism will start banking transaction fees in 2026 to help pay miners after 2031. Zcash developers are targeting Nov. 5 to switch on NU7, the network’s next major upgrade. The biggest improvement is set to be…

Traders betting against Bitcoin are getting liquidated as BTC’s price pushes through $81,000. A total of $547 million in leveraged crypto bets have closed out in the last 24 hours, says CoinGlass. Most of that comes from shorts, with long liquidations at just $57.10 million. Short liquidations are $469.19 million. Bitcoin led the wipeouts with about $243.54 million liquidated. Ethereum followed at about $95.66 million, with Solana adding about $36.29 million. More than 107,000 traders were forced out, and he largest single close was an $8.53 million Bitcoin position on Hyperliquid. Bitcoin is trading near $81,030 at time of publishing. Follow…

Bitcoin’s price on Friday shot above $81,000 — despite a week of setbacks for the crypto industry.  The biggest coin was recently trading for $80,982, after jumping as high as $81,055 at one point Friday morning in New York. Over the past 24 hours, it has risen by nearly 6%.  Its surge comes after lawmakers on Tuesday blocked long-awaited crypto legislation, the Clarity Act, and the Federal Reserve on Wednesday hiked interest rates.  Digital asset industry bigwigs had long called for clear rules to regulate the crypto space and the Clarity Act — which wants to divide oversight between regulators…

In brief The CFTC sent a prerule titled “Regulation Crypto Asset Transactions and Regulation Crypto Asset Markets” to the White House’s OIRA for review. As an early-stage prerule, the text isn’t public yet, but the move signals the CFTC intends to regulate crypto derivatives without waiting for Congress, days after the Clarity Act failed its Senate cloture vote. Both the CFTC and SEC are pressing ahead: The SEC issued a new tokenized-stock “innovation exemption” and the CFTC released no-action relief for crypto trading apps. The Commodity Futures Trading Commission is pushing ahead with its own crypto rulebook, sending a pair…

SALT Lending CRO Hunter Albright says a growing number of Bitcoin holders may eventually borrow against their bitcoin rather than sell it, creating a new relationship between bitcoin, credit and stablecoins. Bitcoin-backed lending could become an increasingly important part of how holders access the value of their bitcoin without selling it, according to Hunter Albright, Chief Revenue Officer of SALT Lending. Speaking on BMTV, Albright said he expects borrowing against bitcoin to become more common as the market matures and holders become more comfortable using bitcoin as collateral. “I’d like to think we will see a growing percentage of the…

In brief Documents unsealed Thursday come from the New York Times’ copyright suit against OpenAI and Microsoft. A 2023 Microsoft memo warned the public would see models “hoovering up” their work as “theft of unprecedented proportions.” Microsoft CEO Satya Nadella testified that anything paywalled should be licensed by whoever wants to use it. Microsoft employees discussed whether OpenAI’s use of news articles amounted to “the largest theft of labor in human history,” and could set off a “doom loop” that degraded the models they were building, according to court documents unsealed on Thursday and reported by the New York Times.The…

Federal prosecutors have obtained a guilty plea from a Connecticut content creator accused of evading taxes on more than $3 million. Seathra Zmeena Orr, 39, of Stamford waived indictment and entered the plea on September 15, 2026, before U.S. District Judge Omar A. Williams in Hartford, says the U.S. Attorney’s Office for the District of Connecticut. Records show OnlyFans paid her $164,669.96 in 2019, $801,395 in 2020, $1,339,900 in 2021, and $822,400 in 2022. She used multiple business names, 12 Employer Identification Numbers, and 19 bank accounts to hide the income. Transfers lacked a legitimate purpose, and at least $1.3…

In brief A Swedish national wanted under an Interpol Red Notice was arrested in the UAE, with six others detained in Sweden. The network handled about 70 million Swedish krona ($7.1 million) over 10 months. Crypto was used to move and conceal the funds, and tracing it led investigators to other crimes. Police in the United Arab Emirates and Sweden have arrested seven people over an international money laundering network, and say following its cryptocurrency transactions led them to organized crime and contract killings.The alleged leader, a Swedish national who had fled the country and was wanted under an Interpol…

In brief Vitalik Buterin rejected the idea that AI-powered hacking means cybersecurity is doomed. He argued that AI could make formal verification practical across entire software systems. The comments build on Ethereum’s push toward AI-assisted security, privacy, STARKs, and quantum resistance. Ethereum co-founder Vitalik Buterin says AI does not spell the end of cybersecurity, arguing instead that advanced models could help make crypto software harder to break.In a Wednesday post on X, Buterin argued that AI will not give hackers an insurmountable advantage, adding that crypto holders—including himself, with roughly 90% of his net worth in crypto—are betting that security…