Author: James Wilson

Ethereum Name Service (ENS) has moved closer to launching its ENSv2 upgrade after founder Nick Johnson submitted a governance proposal seeking approval to activate the new naming system on Ethereum mainnet. Summary ENS founder Nick Johnson has proposed activating ENSv2 on Ethereum mainnet through decentralized governance voting. New .eth registrations would pause temporarily while the protocol transitions between its two naming systems. Existing domain owners can retain and renew their names without migrating to the upgraded protocol. ENSv2 introduces flexible domain permissions and decentralized management through a redesigned registry system for users. DAO approval requires one million affirmative votes, majority…

Autheo’s THEO token has plunged more than 90% following a suspected cross-chain bridge exploit that reportedly allowed an attacker to mint millions of unauthorized tokens on Base. Summary Autheo has launched an investigation into a suspected THEO exploit after the token lost more than 90% of its value. PeckShield reported that an attacker minted 19 million THEO on Base and swapped the tokens for 700.8 ETH worth approximately $1.76 million. Another researcher claimed the attacker minted 119 million THEO through a suspected Hyperlane bridge vulnerability, although Autheo has not confirmed the figure. A wallet holder reported receiving 93.5 million THEO…

Strategy bought 250 Bitcoin in the week ended October 11 and spent almost nine times as much repurchasing its STRC preferred shares. The purchases show the company’s Bitcoin treasury and its financing structure making competing claims on capital. A share buyback can support a financing instrument without making a new Bitcoin purchase disappear, and the source of each dollar matters more than the comparison alone. Summary Strategy acquired 250 BTC for $21.5 million during the October 5 to 11 reporting period. Its $192.4 million STRC repurchase was about 8.95 times the Bitcoin purchase by dollar value. MSTR share sales supplied…

XRP has fallen 8.28% over the past seven days to $1.38, while declining futures activity and bearish technical indicators have raised questions about whether the cryptocurrency can defend its $1.30 support level. Summary XRP traded at $1.38 after falling 2.48% daily and 8.28% over seven days, CoinGecko reported. Binance XRP futures recorded $511 million average open interest, an eight-month high, CryptoQuant analyst reported. Daily open interest reached $467 million, below its monthly average, with its Z-score near -0.99. Analyst EGRAG cited XRP quarterly election-year returns across 2014, 2018, and 2022 as mixed results. Technical indicators showed XRP’s RSI below 50…

Aptos has launched its Encrypted Mempool feature on mainnet, allowing users to hide pending transaction details until validators finalize their order, as its native APT token fell more than 11% over 24 hours. Summary Aptos has launched Encrypted Mempool on mainnet, protecting transaction details until validators finalize their ordering process. Users can activate transaction encryption individually, while sender addresses and network fees remain publicly visible throughout. Aptos says the system adds approximately 20 milliseconds of latency in tests involving 50 validators. Encrypted transactions require twice the base minimum gas price, alongside additional charges for decrypting transaction payloads. Bitquery identified 6.9…

A UK High Court ruling has placed claims over more than 61,000 Bitcoin under Chinese law, putting potential gains for about 16,000 fraud victims at risk, according to Caixin. Summary More than 61,000 Bitcoin are involved in the recovery dispute linked to a Chinese investment fraud. About 16,000 victims have joined the UK recovery process, according to Caixin’s report. Chinese law will determine the ownership rights underlying investors’ claims, the High Court ruled. The court has left the substance of Chinese law and individual claims for later proceedings. Caixin reported that an Oct. 12 judgment from the High Court of…

Bitcoin miners have secured AI financing at sharply different rates, with IREN’s 6% and 9% agreements showing how project terms have shaped borrowing costs, according to BlocksBridge Consulting. Summary IREN secured separate $3.65 billion and $2.4 billion financing packages at 6% and 9%. BlocksBridge said lenders increasingly assess customers, contract terms and the route to project completion. Google’s backing of Cipher lease obligations included warrants representing approximately 5.4% of its equity. A June analysis estimated public miners needed roughly $50 billion to complete planned AI infrastructure. BlocksBridge Consulting, in its Oct. 8 Miner Weekly newsletter, said lenders have become more…

DoubleZero has added Binance spot and futures data as Edge’s fifth venue in six months, with co-founder Austin Federa arguing that access to the fastest market feeds should be available to anyone willing to subscribe. Summary Binance joins Solana, Kalshi, Hyperliquid and Phoenix on DoubleZero’s Edge market-data platform. Federa says competition among professional traders can produce tighter spreads and better prices. Edge uses a common data format to reduce the work of connecting separate venues. Binance’s feeds carry top-of-book information and trades over DoubleZero’s dedicated fiber network. Austin Federa, DoubleZero’s co-founder, told crypto.news that opening access to faster data is…

CoinShares has outlined an integration with Safe Labs and Railnet to offer stablecoin yield strategies through Safe’s Earn widget while keeping users’ investment positions in self-custody, according to a press release dated Oct. 14. Summary CoinShares will design the stablecoin strategies and oversee their risk selection without holding users’ assets. Safe users will access the strategies through the Earn widget and can request withdrawals at any time. Railnet will supply the vault infrastructure connecting CoinShares’ strategies with the Safe wallet interface. The release lists jurisdiction and eligibility limits, including an exclusion for US persons, and warns yields vary. CoinShares, in…

Sberbank has secured the Bank of Russia’s approval to provide cryptocurrency exchange services, joining nine registered operators ahead of its planned Dec. 1 product launch. Summary Nine organizations now appear in Russia’s cryptocurrency exchange register, including Sberbank, VTB and T-Invest Lab. Sberbank plans to offer its first crypto products on Dec. 1 through existing customer platforms. Registered firms must follow transaction rules immediately and meet remaining requirements by Sept. 1, 2027. U.S. Treasury sanctions rules cover cryptocurrency transactions involving blocked Russian institutions as well as fiat transfers. The Bank of Russia has added Sberbank to its register of organizations authorized…