Kraken CEO Jesse Powell to Step Down

Thailand has finalized a regulatory framework allowing locally established crypto exchange-traded funds to track Bitcoin and Ether and trade on the Stock Exchange of Thailand, opening a new regulated route into the two assets for retail and institutional investors. The 11 new regulations issued by Thailand's Securities and Exchange Commission on October 8 will take effect on October 16. They establish the requirements under which asset management companies can create crypto ETFs but do not themselves approve a specific Bitcoin...

Robinhood is bringing crypto perpetual futures to eligible U.S. customers, extending one of crypto's largest derivatives markets into its domestic trading app. The rollout will support BTC, ETH, SOL, XRP, DOGE, ADA, LINK and HYPE, allowing traders to take long or short positions without an expiration date. Bitcoin and Ether perpetuals will offer leverage of up to 10x, while the remaining six markets will be capped at 3x leverage. The contracts are scheduled to arrive in the coming months. The...

Strategy is seeking shareholder approval to move STRF, STRC, STRK and STRD to daily dividends, expanding a Digital Credit platform the company uses alongside its 846,000 BTC treasury. Under the proposal, every calendar day would become a dividend record date, including weekends and holidays, with the associated payment made on the next business day. The change would increase payment frequency without altering the annual dividend rates or Strategy's overall dividend obligations. The four securities currently pay on different schedules. STRF,...

French semiconductor company Sequans Communications has sold its final 314 Bitcoin, completing its exit from a crypto treasury strategy that less than a year earlier envisioned eventually accumulating as much as 100,000 BTC. Sequans confirmed the final sale on September 24. The 314 BTC represented the company's entire remaining cryptocurrency balance as of June 30. The company now has no Bitcoin on its balance sheet and no outstanding debt other than obligations connected to government-financed research and development projects. Sequans...

Abstract, the consumer-focused Ethereum Layer 2 backed by Pudgy Penguins parent Igloo Inc., will shut down on December 15, 2026, ending a nearly three-year effort to build a blockchain around consumer crypto. Users must move their assets before the deadline through Abstract’s official Migration Hub or native bridge. Assets remaining on the network after December 15 will become inaccessible. The native bridge currently carries an expected withdrawal delay of roughly three hours. The October 6 wind-down notice also warned users...

Ledger has patched a vulnerability in its Ethereum hardware-wallet app that could allow a malicious dApp to replace a transaction during the approval process while the device continued showing users the transaction they originally reviewed. Security firm TestMachine disclosed the signature-substitution flaw on August 21 after reproducing it on Ledger hardware. Ledger had already shipped Ethereum app version 1.22.2 on August 12, with its release history listing security fixes for the update. Malicious dApp Could Change the Transaction Before Signing...

Base creator Jesse Pollak has pushed back against criticism that Coinbase is selling ETH while benefiting from Ethereum, pointing to the exchange’s roughly 150,000 ETH corporate position and years of investment across the network. Pollak argued that Coinbase has held about 150,000 ETH through multiple market cycles, while describing the company as the largest ETH holder outside dedicated digital asset treasury companies by a wide margin. Coinbase’s latest regulatory filing backs up the scale of that position. The company held...

A crypto user lost 1,010 ETH after following an old Tornado Cash bookmark into a phishing frontend that captured the private withdrawal credentials needed to access the deposited funds. The victim deposited the ETH into legitimate Tornado Cash contracts, but the malicious interface obtained the private note generated during the process. The attacker then used those credentials to withdraw the assets within roughly 12 hours without compromising the underlying Tornado Cash smart contracts. Phishing Frontend Targeted Private Withdrawal Notes Tornado...

A crypto trading bot is a chain of dependencies. It reads a position, prices it, decides, places an order, and confirms settlement. Every one of those steps is an API call, and a failure at any single step stops the strategy. The provider choice shapes what a bot can actually do more than the strategy logic does. The common mistake is searching for one API that covers everything. No such API exists in 2026. Market data providers do not route...

Polymarket and Kalshi helped turn prediction markets into a mainstream trading category, but neither platform fits every trader. Access varies by country, market selection can lean heavily toward certain topics, and the tools available for entering, managing, and automating positions differ sharply across platforms. The strongest alternatives are not identical copies. Some emerging prediction markets platforms focus on professional order controls, some concentrate on fast crypto and financial markets, and others use onchain infrastructure or play-money forecasting. Users unfamiliar with...

A funded crypto trading account gives a trader access to more notional capital after they prove they can follow a firm’s risk rules. The usual route starts with a paid crypto prop firm challenge that requires a profit target without breaching daily or overall loss limits. Passing is not only about making money. Drawdown control, minimum trading days and rule compliance determine whether the account survives. The evaluation fee can be lost, and crypto prop firms use different account models,...

Tokenized stock perps allow traders to take long or short exposure to companies, ETFs and equity indexes through crypto-native derivatives markets. Positions can use stablecoin collateral, remain open without an expiry date and continue trading when the main stock exchange is closed. The trader receives price exposure, not ownership of the referenced shares. The interface often looks identical to a crypto perpetual futures market. The risk does not. A stock-linked contract can remain active overnight, through weekends and during holidays...

Netflix is bringing the collapse of FTX to television with The Altruists, an eight-episode limited series centered on Sam Bankman-Fried and former Alameda Research CEO Caroline Ellison. The streaming company released the first full trailer on October 8 and set November 19 for the global premiere. All eight episodes will become available on the same day. Anthony Boyle plays Bankman-Fried, while Julia Garner takes the role of Ellison. The series follows their personal relationship alongside the rise of FTX and...

Crypto exchange OKX has completed a new strategic investment from Circle, Ripple, Qube Research & Technologies and Standard Chartered's SC Ventures at a $25 billion pre-money valuation, bringing several of its existing infrastructure partners directly onto its shareholder register. The October 6 investment extends the round led earlier this year by Intercontinental Exchange, the parent company of the New York Stock Exchange. OKX did not disclose how much capital the four new investors committed. The valuation remains unchanged from the...

River Financial Inc. has sued Blockstream Services Canada ULC for breach of contract, seeking roughly $6.7 million that River alleges has remained unpaid under an agreement terminating the companies' commercial relationship. River filed the complaint in the Northern District of California on September 11. The case names Blockstream Services Canada ULC, not Blockstream Corp, as the sole defendant and requests a jury trial. The disputed amount consists of approximately $3.55 million in prepaid refunds and a separate $3.15 million early...

CoinMarketCap has completed its acquisition of CoinGlass, bringing one of crypto's largest derivatives analytics platforms into the Binance-owned market-data business. Financial terms were not disclosed. CoinGlass tracks open interest, funding rates, liquidations, long-short positioning, options and ETF flows across 28 exchanges and more than 2,500 instruments. The platform serves more than 5 million monthly users and 10,000 API customers. CoinMarketCap reports roughly 115 million monthly users, giving the combined operation a substantially larger distribution channel for derivatives positioning alongside spot...