The Ethereum Layer-2 network blasts off when its operating costs exceed the revenue generated by the chain. In a Friday post on X, Blast said it sees no “credible path” to making the network economically sustainable and asked users to withdraw their assets to the Ethereum mainnet. “We launched Blast with the goal of creating … Read more
A community bank group has sued a US bank regulator, claiming that its decision to allow cryptocurrency companies to obtain limited national trust bank charters exceeded the authority the agency gave Congress. The Independent Community Bankers of America (ICBA) Filed a case Friday in the U.S. District Court for the District of Columbia. The group … Read more
Full refund to NEAR Intents after exploiter is identified and given 48 hours to respond. NEAR Intents said it recovered nearly $3.8 million stolen during Thursday’s security breach. Cointelegraph reported on Friday that NEAR Intents has identified the person behind the security breach and has given them 48 hours to return the funds under “responsible … Read more
President Donald Trump is expected to appoint US intelligence director Jay Clayton as the new AI czar, CNN and other media outlets reported Friday, citing unnamed sources. Cointelegraph reported on September 20 that Trump plans to create an “AI force” modeled after the Space Force and hire an artificial intelligence czar. The president posted on … Read more
Speaking on Cointelegraph’s Chain Reaction, Christian Tramer said MiCA increased trust in regulated platforms and called for tougher enforcement against non-compliant entities. According to Christian Tramer, co-CEO of Austria-based crypto exchange Bitpanda, European crypto users are placing more trust in regulated platforms following the implementation of the European Union’s Markets in Crypto-Asset Framework (MiCA). Speaking … Read more
The reported lows come as Anchorage expands its institutional footprint with stablecoin issuance and a $100 million investment from Tether. Anchorage Digital, a federally chartered US digital asset bank valued at $4.2 billion, reportedly cut 17% of its workforce earlier this year, suggesting the prolonged crypto market downturn is weighing on the company even as … Read more
European stablecoin issuers are suing for regulated US dollar tokens, arguing that European pressure to strengthen the euro does not eliminate businesses’ need for dollar liquidity. AllUnity, a German stablecoin issuer, launched its US dollar-pegged stablecoin USDAU on Wednesday, expanding its MiCA-controlled lineup beyond European currencies. “In global trade and FX markets, the US dollar … Read more
Bitcoin ETFs returned to inflows with $103 million, while ether funds recorded net outflows for the third straight day. US spot bitcoin exchange-traded funds (ETFs) returned to net inflows on the first trading day of October after their strongest quarter of 2026. Bitcoin ETFs attracted $102.7 million in net inflows on Thursday, following Wednesday’s net … Read more
“We’ve identified you, sir,” NAR Intents General Manager Alex Shevchenko said Friday after the protocol was hacked for $3.8 million. NEAR Intents said it identified the person behind the security breach that resulted in the loss of $3.8 million in user funds on Thursday, giving them 48 hours to return the funds under “responsible disclosure.” … Read more
According to crypto advocacy group Stand With Crypto EU, more than 50,000 Europeans have petitioned the European Commission to relax restrictions on stablecoin rewards as part of a review of the Block Market in Crypto-Assets (MICA) framework. The campaign came as the Commission closed its MICA review consultation on Wednesday, with Stand With Crypto pushing … Read more