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Korea suspends bank security deregulation after AI tool fuels hacking spree
South Korea’s Financial Services Commission has paused the next phase of a program intended to loosen bank security rules. The agency pulled the plug just a day before the next set of banks were to be picked. The reason for the cancellation is a recent run of AI-assisted hacks that tore through seven financial firms...Cryptopolitan
Tue, Oct 6
"Crypto Godfather" gets 78 months, closing case on off-duty deputies, warrants, kidnapping ring
Adam Iza, the 26-year-old self-styled “Godfather” at the head of a crypto crime ring that employed off-duty Los Angeles sheriff’s deputies as muscle, received a 78-month federal sentence on Monday, October 5. Iza became the sixth person to be hit with jail time in an organization that ran multiple schemes, including stealing over $37 million...Cryptopolitan
Tue, Oct 6
German prosecutors seize over $11 million of Cryptoqueen funds to compensate victims
Authorities in Germany have managed to take control over millions of euros’ worth of assets allegedly belonging to OneCoin’s founder, Ruja Ignatova. The funds will be used to compensate victims of the fraudulent scheme founded by the woman dubbed “Cryptoqueen” who is still wanted around the world. German prosecutors seize millions in Cryptoqueen money The...Cryptopolitan
Tue, Oct 6
AMD stock clears OpenAI's warrant price bar before the chips ship
A year ago to the day, AMD (NASDAQ: AMD) handed OpenAI a warrant for up to 160 million shares, with the richest payouts dependent on AMD’s stock reaching set price targets and OpenAI actually taking delivery of the chips. AMD’s stock price rose to $631 last week, raising its market value over $1 trillion. The...Cryptopolitan
Tue, Oct 6
SDNY presses its case against Roman Storm despite FinCEN dropping mixer crackdown
Regulators in the U.S. are sending mixed signals in the case against Roman Storm after the Tornado Cash co-founder pointed out that DOJ prosecutors were still after him despite the Treasury Department’s Financial Crimes Enforcement Network withdrawing from the planned crackdown on cryptocurrency mixers. Within a day of the withdrawal, federal prosecutors in the Southern...Cryptopolitan
Tue, Oct 6
Hyperliquid Open Positions Double in 2026 to Over 435K
Hyperliquid has notched up another record with the total number of open positions at an all time high. Data from HyperTracker shows 435,564 open perpetual futures positions on the platform as of October 6. At the start of the year, this number was at 202,943 which is around a 115% growth in just over nine...Cryptopolitan
Tue, Oct 6
Crypto Today: Bitcoin, Ethereum, XRP bulls battle to restart uptrend amid ETF outflows
Bitcoin (BTC) upholds a robust bullish outlook, trading at $85,837 on Tuesday as sellers push to regain control over the trend. Structural support levels remain intact, backed by uptrending moving averages and consolidating momentum.
LIVE: Nvidia on track to hit world-record $6 trillion market cap
Nvidia is closing in on a world-first $6 trillion market cap, with shares at a record high after a strong outlook and historic buyback. The stock is up 28% in 2026, adding about $1.2 trillion in value and driving a huge chunk of the S&P 500’s 14% gain. U.S. futures are higher Tuesday after the...Cryptopolitan
Tue, Oct 6
Pi Network Price Forecast: PI pauses decline amid Protocol v28 release on the testnet
Pi Network (PI) hovers around $0.0870 at press time, holding steady after five consecutive days of decline. The network upgrade to the v28 protocol on the testnet brings the ecosystem a step closer to mainnet adoption. The technical outlook for PI remains bearish as downside momentum persists.Fxstreet
Tue, Oct 6
Monero Price Forecast: XMR tests bullish breakout of key resistance amid third stressnet release
Monero (XMR) holds steady above $560 at press time on Monday, sustaining its roughly 3% gains from the previous day. Monero announced the v3.0 release of Full-Chain Membership Proofs (FCMP++) and its new addressing protocol, CARROT beta stressnet.Fxstreet
Tue, Oct 6
Solana Foundation Launches Institutional Settlement Tool With Input From JP Morgan
The Solana Foundation, the Swiss nonprofit that supports the decentralization, growth and security of the Solana blockchain, launched a tool today that aims to tackle settlement risk by letting banks and large financial institutions settle trades onchain in seconds. In traditional markets, the same trade usually can take up to one or two days to...Cryptopolitan
Tue, Oct 6
Hyperliquid Price Forecast: $14.5M USDC yield to sponsor HYPE buybacks
Hyperliquid (HYPE) said Monday that it received its first $14.58 million USDC payment under its Aligned Quote Asset v2 (AQAv2) framework, creating a new revenue stream that can fund HYPE token buybacks independent of trading activity.Fxstreet
Tue, Oct 6
Cardano Price Forecast: Eyes gains as derivatives metrics strengthen
Cardano (ADA) steadies around $0.270 on Tuesday after gaining over 4% at the start of the week on Monday. Bullish sentiment is boosted as Cardano’s Node Diversity Celebration Day goes live on Tuesday, highlighting ongoing efforts to strengthen network decentralization, security and resilience.Fxstreet
Tue, Oct 6
Fairshake backs 32 House races as crypto industry presses for regulation
As it endeavors to push crypto rulemaking forward in Washington, the crypto industry is connecting campaign financing with voter mobilization activities. Through its political campaign, Fairshake, which is the largest super political action committee (PAC) in the industry, is supporting various House campaigns. Moreover, another group supported by Coinbase called Stand With Crypto, indicates that...Cryptopolitan
Tue, Oct 6
CFTC Chairman pushes for crypto regulations as agency seeks public comments on proposed rules
Commodity Futures Trading Commission (CFTC) Chairman Michael Selig said the agency will move ahead with crypto market regulations after Congress failed to advance legislation that would have established a broader framework for digital assets.Fxstreet
Tue, Oct 6
FinCEN scraps proposed crypto mixer and wallet rules
The Financial Crimes Enforcement Network (FinCEN) pulled back its 2023 proposal against crypto mixing. It claimed the rule would have inadvertently stifled legitimate transactions. It also scrapped a December 2020 proposal that would have forced users to follow strict ID verification and recordkeeping rules for unhosted crypto wallets. In its press release, it wrote, “FinCEN...Cryptopolitan
Tue, Oct 6
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