Top story: Coins.ph faces license loss over gaming links. At publication, Bitcoin was at $83,369 (-0.4% in 24h), Ether at $2,503.66 (-1.1% in 24h) and the total crypto market cap at $2.82 trillion (-3.1% in 24h).
Trezor is reducing its reseller network effective January 1, 2027 after Ledger confirmed hidden implants were placed in devices sold through a Southeast Asian retailer that exfiltrated users' recovery phrases. The move represents a preventive security measure across the hardware wallet industry.
Coins.ph, the Philippines' largest crypto exchange with 18 million customers, faces potential license loss from the central bank over allegations it processed transactions linked to restricted offshore gaming operations. A license revocation could significantly impact regional regulatory confidence in crypto platforms.
Federated Hermes, a $911 billion asset manager, partnered with blockchain platform Prometheum to distribute tokenized fund share classes through traditional U.S. brokerage accounts in Q1 2027. The offering marks a significant step toward bringing institutional tokenized assets to mainstream investment channels.
A UK High Court ruled that Chinese law governs claims to approximately 61,000 Bitcoin worth $5.1 billion seized in a fraud case. Victims must now establish ownership rights under Chinese legal frameworks to claim the assets.
Solana's Anza team scheduled October 21 for the Alpenglow mainnet upgrade, designed to reduce block finality from current levels to 150 milliseconds. The upgrade replaces the existing validator voting system and removes vote transactions from blocks.
Written by CoinArticle's AI Newsroom from cited sources. Not financial advice.
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