The best crypto writing from the last 24 hours.
AI agents read 50+ crypto blogs, newsletters, news desks and forums around the clock and keep only what’s worth your time. The top five land in your inbox at 6:30 a.m. Central.
- 1
Arbitrum’s council moved $30 million of Binance hack funds without the hacker’s key
Arbitrum's 12-person security council briefly rewrote a core contract to move $30M of Binance hack funds without holding the key, the second such episode this year.
- 2
Tether holds 150,000 bitcoin worth $11.5 billion, CEO Paolo Ardoino says
Tether's CEO says it holds 150,000 BTC worth $11.5B, but did not say where the coins sit or how they are reported.
Also covered by Bitcoin Magazine, Decrypt - 3
CFTC Opens U.S. Stock Market to Equity Perpetual Futures
The CFTC cleared perpetual futures on individual US stocks to trade on dual-registered US exchanges for the first time.
- 4
Liquid’s bitcoin IOUs are fully backed again after a $320 million exploit
Liquid's bitcoin peg is fully backed again after a $320M exploit, but the federation has not disclosed who paid to fill the gap.
Also covered by Unchained - 5
The cryptography behind e-voting (and why paper ballots are still essential)
Trail of Bits explains the cryptography behind e-voting and why paper ballots remain essential.
- 6
South Korea’s ruling party formally proposes deferral of crypto income tax
South Korea's ruling party formally proposed deferring crypto income tax until a comprehensive digital asset law is enacted.
- 7
THORChain Restarts Most Swaps, With 14 Nodes Yet to Upgrade
THORChain restarted most swaps, but 14 nodes have not upgraded and Cosmos Hub, BNB Chain and Solana still have restrictions.
- 8
RUNE rallies 15% as THORChain restarts most swaps after halt
THORChain restored most swaps after a refund bug halted trading, with three chains still paused; RUNE rallied 15%.
- 9
Moonwell cbBTC Supplier Asks for a Remediation Plan as the Market Holds $1.72 in Cash
Onchain read of Moonwell's cbBTC market shows almost no withdrawable cbBTC against about $4.56M in loans nearly 10 weeks after the MAMO exploit.
- 10
CFTC gets into legal clash over stock perps after having cleared path for crypto version
Citadel-backed firms sued the CFTC over its path for stock perpetuals, setting up a jurisdictional fight with the SEC over crypto-style derivatives.
- 11
THORChain Refused to Block the $387M Bitget Hacker. Here’s Why | Chad Barraford
Chad Barraford explains why THORChain refused to block the $387M Bitget hacker's addresses, and the Tether freeze episode that followed.
- 12
Stock Market that Never Sleeps: Inside the Premiums and Liquidity Gaps of Tokenized Equities
Coin Metrics research on tokenized equity premiums and liquidity gaps versus the underlying shares.
- 13
Liquid Network Restores Full Bitcoin Backing Two Months After $320M Exploit
Liquid's reserves are fully backed again two months after the $320M exploit, and Adam Back warns developers not to trust AI-suggested fixes blindly.
- 14
ZachXBT Suspects Cover-Up as Tally on Suspected EU Theft Climbs to $133 Million
ZachXBT alleges a cover-up as suspected EU-linked theft reaches $133M, with funds still leaving exchanges after his first alert.
- 15
Suspected EU crypto theft estimate rises to $133M: ZachXBT
ZachXBT's suspected EU theft estimate has risen to $133M, with another $27M in exchange withdrawals traced, some after he first flagged it.
- 16
Binance has spent half its SAFU bitcoin, about $580 million worth, data shows
Binance's SAFU fund holds about half its bitcoin (~$580M) and sits below its own $800M top-up trigger, with no refill date given.
Also covered by Unchained - 17
Unaffiliated Governance Voters Generally Aren’t a Controlling ‘Group,’ SEC Staff Say
New SEC staff answers say unaffiliated governance voters generally are not a controlling group, though they bind no one.
- 18
SEC Staff Grants Canton Coin No-Action Relief for Token Minting
SEC staff granted Canton Coin no-action relief for token minting, viewing it as a digital commodity based on network utility and no controlling central party.
Also covered by The Block - 19
THORChain Restarts Most Swaps After Analyst Said Operators Would Expect North Korea to Launder
THORChain restarted most swaps while an analyst warned operators would knowingly enable North Korean laundering of stolen funds.
- 20
SpaceX blocks tokenized stock listing on OKXICE despite offshore trading boom
SpaceX and other issuers are objecting to OKXICE's tokenized trading of stock tied to their shares, a notable test of issuer control over tokenized equities.
- 21
Justin Drake Targets December 2028 for Ethereum’s Post-Quantum Transition
Justin Drake proposes a fork sequence targeting December 2028 for Ethereum's post-quantum transition, with wallet migration treated as a separate task.
- 22
What Are Euro Stablecoins? EURC, EURR and Redemption Explained
Explainer on euro stablecoins EURC and EURR, comparing redemption rights and access conditions.
- 23
Brazil's Biggest Bitcoin Exchange Says It Will Refund Users After a $40 Million Hack
Mercado Bitcoin says it will refund users after a $40M hack, with withdrawals frozen and no restart date.
- 24
TD Cowen: Democratic Congress Would Sink CLARITY Act for Two Years
TD Cowen analysis says a Democratic Congress sweep would stall the CLARITY Act for two years and block Trump's SEC and CFTC picks.
- 25
GitBook Revokes All Personal API Tokens After Breach
GitBook revoked all personal API tokens after a breach it says used AI agents and may have exposed integration credentials.
- 26
Justin Sun seeks sanctions against World Liberty, alleging Trump-linked firm hid UAE ties
Justin Sun seeks sanctions against World Liberty Financial, alleging it hid UAE ties in a $45M lawsuit.
- 27
Amazon, Tesla and SpaceX join OKX–ICE tokenized stock objections as deadline looms
Amazon, Tesla and SpaceX have objected to OKX and ICE tokenized stock plan; 56 objections so far.
- 28
Stablecoin governance group behind OUSD sets out management fee, offers equity earning pool
Open Standard sets a 0.1 bp fee on OUSD payment volume, capped at $0.01 per payment, and an equity earning pool.
- 29
Société Générale Accepts $10 Million in DTCC-Tokenized Treasuries as Collateral
Société Générale accepted $10M of DTCC-tokenized Treasuries as collateral on Canton, using existing systems.
- 30
Coinbase Says New Jersey Users Can Resume Staking as Regulator Rescinds 2023 Cease-and-Desist Order
New Jersey regulator withdrew Coinbase's 2023 staking cease-and-desist without a merits ruling, reopening staking for NJ users.
Also covered by Bitcoin Magazine - 31
Crypto Recovery Services: What to Check Before Paying
A practical checklist for US consumers before paying a crypto recovery service: verify identity, written deliverables, fees and data access. Recovery scams are a real risk.
- 32
Ethereum Privacy Network Aztec Rolls Out Major Security and Speed Upgrade
Aztec's Tierra upgrade fixes a critical bug from the prior version and adds formal verification and an AI-powered testing harness. Same release as 5326; keep the other one only if needed.
- 33
What’s at stake for crypto as the US votes in the 2026 midterms?
Crypto groups spent about $176 million ahead of the US midterms, with control of Congress and crypto legislation at stake.
- 34
Moscow Exchange to launch Bitcoin, Ether and USDT trading in December
Moscow Exchange plans Bitcoin, Ether and USDT trading from Dec. 1 under Russia's new law, with annual purchase limits for non-qualified investors.
- 35
Kraken Restricts Accounts Amid Suspected $133 Million-Plus EU Theft
Kraken restricted accounts over a suspected $133M+ EU theft, saying its own systems were not compromised.
- 36
ETHGas wants to bring Wall Street to public Ethereum by selling advance block reservations
ETHGas sells advance block reservations, but validators face no compensation if they fail to deliver.
- 37
France Delays Budget Vote Again, Leaving Stablecoin Tax Pending
French lawmakers rejected an exit-tax on unrealized crypto gains, but a stablecoin-swap tax stays in the provisional budget.
- 38
Brazil’s Mercado Bitcoin Puts Security Incident at $38 Million, Says Clients Won’t Lose Assets
Mercado Bitcoin puts its security incident at $38M, with $11M blocked by partners and deposits and withdrawals suspended.
- 39
NEAR governance approves proposal to cut token issuance ceiling to 1.6%
NEAR governance passed HSP-029, cutting the maximum annual token issuance from 2.5% to 1.6% over 24 months.
- 40
Mercado Bitcoin pledges to cover all user losses after near $40 million hack
Mercado Bitcoin will cover all user losses after a near $40M hack, and partners froze $11M of the stolen assets.