Crypto Briefs
Short updates on stories reported by a single outlet so far — summarized in a few sentences, always linking the original reporting. Stories picked up by more publications get full articles.
Saturday, October 10, 2026
Spiko, Nous Research each raise $90M in crypto VC funding
Crypto and Web3 companies raised $380.51 million across 16 disclosed deals from Oct. 3–9, with matching $90 million rounds for infrastructure platform Spiko and AI research firm Nous Research leading activity. Mecka secured $60 million in Series B funding, while Meanwhile, a Bitcoin life insurer, also closed funding in the period.
Read the original at Crypto.newsBrazilian Police Seize $1.7M in Crypto From Phishing Ring
Brazilian law enforcement seized $1.7 million in cryptocurrency from wallets linked to a phishing operation, according to Crypto Briefing. The action underscores intensifying regulatory attention on self-custody wallets and may shape future crypto security practices and policy approaches.
Read the original at Crypto BriefingXRP Ledger discloses overflow bug risking supply cap breach
The XRP Ledger disclosed an overflow bug that could have enabled minting of XRP beyond its 100 billion token supply cap. The vulnerability highlights the importance of robust security protocols and rapid response procedures for maintaining confidence in blockchain infrastructure.
Read the original at Crypto BriefingBitcoin drops as ETF outflows surge; Treasury shelves crypto rules
Bitcoin retreated from early-October highs as U.S. spot Bitcoin ETFs experienced significant withdrawals. The Treasury abandoned two proposed crypto reporting rules. Meanwhile, OKX raised capital from institutional investors at a $25 billion valuation.
Read the original at Crypto.newsEthereum drops 10% weekly, tests $2.42K support
Ethereum has declined 10% over the past week, breaking below consolidation resistance at $2.68K–$2.77K and moving toward $2.42K support. The price action has weakened near-term technical structure, with recovery now dependent on whether buyers can defend key support levels below current price.
Read the original at CryptoPotatoBitcoin's extreme price swings exceed 2018 levels despite lower average volatility
Bitcoin's average volatility has declined, but the frequency and magnitude of extreme price swings now surpass 2018 levels, creating elevated risks for traders and prompting strategy adjustments. The divergence between reduced volatility metrics and heightened tail-risk events reflects changing market structure and liquidity dynamics in cryptocurrency markets.
Read the original at Crypto BriefingVisa survey: Nearly half of Asia-Pacific consumers open to stablecoins
A Visa survey indicates that close to 50% of Asia-Pacific consumers are likely to use stablecoins, suggesting potential adoption momentum in the region. The finding highlights both financial innovation opportunities and gaps in consumer understanding that must be addressed as stablecoin use expands.
Read the original at Crypto BriefingRyan Wyatt Becomes CEO of Cronos Labs, Shifts Strategy
Ryan Wyatt, former President of Polygon Labs, has been appointed CEO of Cronos Labs. The company is shifting away from a generic Layer 1 strategy to focus on revenue-generating products and DeFi onramps, with new leadership roles and product launches planned.
Read the original at BITRSSEDX Markets, VerifiedX partner on tokenized Bitcoin trading
EDX Markets has partnered with VerifiedX to offer tokenized Bitcoin for institutional spot trading. The collaboration aims to enhance liquidity and governance in institutional crypto markets, according to Crypto Briefing, with potential implications for other exchange strategies.
Read the original at Crypto BriefingPrediction Markets Assign 40% Probability to Bitcoin $100K by 2026
Prediction markets currently estimate a 40% chance that Bitcoin will reach $100,000 by 2026, according to ZyCrypto. The assessment suggests relatively modest odds despite recent price recovery momentum in the market.
Read the original at ZyCryptoXRP Ledger patches decade-old bug enabling creation of unbacked XRP
The XRP Ledger development team released an emergency patch addressing a critical vulnerability discovered by researchers that could generate spendable XRP without corresponding sender funding. The bug, present for approximately a decade, allowed payments to create XRP from nothing through an unspecified mechanism, prompting the urgent software update to prevent potential large-scale token creation.
Read the original at CoinDeskXRP Analyst Sees Bullish Setup Despite 10% Weekly Decline
XRP has fallen over 10% this week, but unnamed analysts maintain a bullish outlook on the token. One analyst suggests XRP could dip to $1.20 and still remain within a bullish technical pattern, though no specific price target or timeframe is provided in the brief.
Read the original at CryptoPotatoRobinhood Chain transactions drop 40% as memecoin trading slows
Robinhood Chain experienced a decline of more than 40% in transaction volume as memecoin trading activity cooled. The drop illustrates the concentration risk in the blockchain's application ecosystem and highlights volatility inherent in speculative token markets.
Read the original at Crypto BriefingRipple Patches 2015 Bug That Could Enable Unauthorized XRP Minting
Ripple has fixed a bug dating to 2015 that could have allowed unauthorized minting of XRP tokens, according to Crypto Briefing. The security fix is intended to enhance the stability and integrity of the XRP ledger, potentially strengthening investor confidence in the asset.
Read the original at Crypto BriefingESMA gives EU exchanges 3 months to clear non-MiCA stablecoins
Europe's securities regulator ESMA has instructed national supervisors to require exchanges to resolve existing customer positions in stablecoins that fail to meet MiCA (Markets in Crypto-Assets Regulation) standards within three months. The directive addresses not just trading halts but the practical question of how customers holding unsupported stablecoins on European platforms will exit those positions.
Read the original at Crypto.newsBitcoin Insurer Meanwhile Raises $37.5M Led by Bain Capital Crypto
Meanwhile, a bitcoin insurance platform backed by Sam Altman, secured $37.5 million in a funding round led by Bain Capital Crypto. The insurer has signed 15 brokers serving high-net-worth clients across Switzerland, Singapore, Hong Kong, and the UAE.
Read the original at CoinDeskAmazon Bedrock AgentCore Payments Enables AI to Transact With Stablecoins
Amazon's Bedrock AgentCore Payments, developed with Coinbase and Stripe, allows AI agents to discover services, authenticate, and pay using stablecoins and the x402 protocol within preset spending limits. The integration marks an early adoption of autonomous agent payments, though refund and dispute-resolution mechanisms remain unresolved as AI shopping agents begin transacting across the open internet.
Read the original at CryptoSlateDogecoin Prepares for Upgrade With DogeOS Testnet Launch
Dogecoin is advancing a testnet launch for DogeOS, a development aimed at expanding the cryptocurrency's decentralized finance capabilities and utility. The upgrade could increase demand for DOGE, though questions around security and implementation timeline persist according to Crypto Briefing.
Read the original at Crypto BriefingBlockSec Reports $3.55M Bridge Funds Moved Via EIP-7702
BlockSec identified $3.55 million in previously unclaimed bridge funds transferred using EIP-7702 account authorizations. The transactions employed valid authorizations, but BlockSec could not confirm whether the wallet owner knowingly approved the transfers, raising questions about consent and potential exploitation of the new Ethereum feature.
Read the original at The DefiantLedger theft funds shift from USDT to USDD to evade Tether freezes
Funds stolen in the Ledger hack are being converted from USDT to USDD stablecoin, apparently to circumvent Tether's account-freezing mechanisms. The migration highlights gaps in stablecoin compliance tools and raises questions about regulatory oversight and the effectiveness of security measures across different stablecoin issuers.
Read the original at Crypto BriefingZcash Sets January Target for Quantum-Resistant Payments
Zcash developers are targeting January for implementing quantum-resistant payments following security concerns, according to CoinDesk. The upgrade focuses on public payments, which represent approximately 70% of ZEC holdings, and will include a separate wallet tool to prevent balance checks from revealing linked addresses.
Read the original at CoinDeskCalamos CEO forecasts Bitcoin at $1M by 2030
Calamos Investments CEO John Koudounis predicted Bitcoin will reach $1 million by 2030, attributing the potential surge to institutional bank lending and expanded ETF access. The forecast reflects growing institutional adoption tailwinds in the cryptocurrency market.
Read the original at Bitcoin MagazineLedger Warns Against Reseller Setup After User Losses
Ledger is investigating reports that users who set up wallets through a reseller experienced fund drains. The hardware wallet manufacturer has advised buyers against initializing wallets from the reseller, signaling potential supply chain or setup security concerns affecting customer assets.
Read the original at Bitcoin MagazineStarknet Plans L2-to-L1 Transition, Eyes Quantum Resistance by 2027
Starknet announced it is actively considering transitioning from an Ethereum Layer 2 to an independent Layer 1 blockchain, positioning itself as the first fully quantum-resistant network by 2027. The token jumped 20% following the announcement. The move would represent a significant shift in Starknet's architecture and competitive positioning within the blockchain ecosystem.
Read the original at DecryptCelsius Founder Receives Lifetime Ban With Personal Trading Exception
Celsius founder Alex Mashinsky faces a lifetime ban from operating a lending platform but retains the ability to trade his own cryptocurrency holdings. A Department of Justice payment can satisfy a $25 million obligation, while a separate $10 million judgment carries conditions tied to sentence completion with specified exceptions.
Read the original at CryptoSlateBitcoin drops below $87K amid $200M liquidation, Wall Street selling
Bitcoin fell below $87,000 following a $200 million liquidation within one hour, driven by U.S. sell-off pressure that contrasted with a cryptocurrency strategy fund's announced purchase of over 10,000 BTC during the past week. The sharp move prompted manipulation allegations from market observers.
Read the original at CointelegraphSolana halves block time to 200ms ahead of Alpenglow upgrade
Solana is implementing SIMD-0525, which reduces block production time from 400ms to 200ms as part of the Alpenglow upgrade. The change shortens leader windows and epochs while maintaining per-slot work capacity, doubling the network's block production speed without increasing computational load per block.
Read the original at CryptoSlateDormant Ethereum address holding 12,746 ETH reactivates after decade
An Ethereum address inactive for 10.2 years transferred 12,746 ETH, potentially signaling a decision by an early holder regarding selling or staking. The reactivation of dormant whale wallets can indicate shifts in market sentiment and holder strategy, though the underlying motivation remains unclear.
Read the original at Crypto BriefingKalshi investigates suspicious trades tied to Trump aide
Kalshi, a crypto-based prediction market platform, is investigating suspicious trading activity linked to the selection of Trump's press secretary pick, according to Crypto Briefing. The incident underscores vulnerabilities in prediction markets to potential insider trading, which could affect their market credibility and fairness.
Read the original at Crypto BriefingSTRK Rallies as Starknet Considers Independence from Ethereum Layer 2
Starknet's native token STRK gained value amid reports the project is evaluating a transition from operating as an Ethereum layer 2 to becoming an independent layer 1 blockchain. The potential move could reshape security assumptions across the ecosystem and alter timelines for Ethereum's scaling roadmap.
Read the original at Crypto Briefing