Bitcoin and Ethereum ETFs recorded their biggest single-day outflows since mid-year, with US Bitcoin ETFs losing 484.9 million USD on October 7 and Ethereum ETFs seeing 160.9 million USD in withdrawals \u2013 the steepest decline since January. BlackRock iShares Bitcoin Trust led the Bitcoin fund redemptions at 207.7 million USD, extending a seven-session losing streak. https://cryptoslate.com/bitcoin-etfs-suffer-biggest-exodus-since-june-as-ethereum-withdrawals-hit-nine-month-high/ #Web3 #Blockchain #InstitutionalAdoption

#VitalikButerin supports #JustinDrake’s call for #controlledmigration to #freshaddresses amid #AIthreats to #ECDSA and lattice #cryptography. Both urge gradual moves, noting #AImathrisks exceed quantum concerns. https://cointelegraph.com/news/justin-drake-urges-crypto-bunker-mode-as-ai-could-break-wallet-security-within-months?crypto.eicker.news #crypto #blockchain

Greece is preparing to levy a 10% capital gains tax on cryptocurrency, down from an earlier 15% proposal. Gains of up to €500 (560 USD) a year would be exempt under the bill to be submitted to parliament in November. The tax rate places Greece between Cyprus's 8% and Italy's 33% across Europe. https://www.coindesk.com/policy/2026/10/08/greece-prepares-to-levy-10-capital-gains-tax-on-cryptocurrency #Web3 #Blockchain #Regulation

Samsung is launching USDC transfers on Solana for US Galaxy users. The feature will be built into Samsung Wallet with fiat on- and off-ramps, making it easier for users to transfer stablecoins directly from their devices. https://www.theblock.co/news/business/2026-10-07-samsung-to-launch-usdc-transfers-on-solana-for-us-galaxy-users-418004 #Web3 #Blockchain #InstitutionalAdoption

Kazakhstan's central bank is exploring a local currency-linked stablecoin and tokenised real-world assets with Tether. The National Bank of Kazakhstan will study how to leverage Tether's technology for the country's financial infrastructure. https://decrypt.co/380347/tether-kazakhstan-central-bank-stablecoin-tokenized-assets #Web3 #Blockchain #InstitutionalAdoption

House Financial Services chairman Rep. French Hill says SEC and CFTC crypto rules 'fall short' of what's needed. He credited regulators for using exemptive relief to define digital assets, but argued only permanent legislation can secure US leadership in digital assets. https://decrypt.co/380349/sec-cftc-crypto-rules-fall-short-clarity-french-hill #Web3 #Blockchain #Regulation

Rain is seeking a national trust bank charter from the OCC to bypass third-party banks. The stablecoin payments company's proposed New York trust bank would custody digital assets and dollars, manage stablecoin reserves, and issue dollar-backed tokens. https://www.coindesk.com/business/2026/10/07/rain-becomes-12th-crypto-firm-seeking-occ-trust-bank-charter-amid-community-bank-pushback #Web3 #Blockchain #Regulation

The SEC now has just 2 commissioners after Hester Peirce resigned, and a new rule lets either remaining member form a quorum alone when others are disqualified from a matter. This shifts crypto decision-making power to Atkins or Uyeda. https://cryptoslate.com/sec-drops-to-2-members-and-1-hidden-rule-shifts-crypto-power/ #Web3 #Blockchain #Regulation

Open USD (OUSD) has reached 666 million USD in supply, but most tokens remain trapped in ten wallets holding 74% of the total. Crystal Intelligence found that launch and custody wallets still hold the bulk of supply after one week, with just 4.1 million USD in DEX trading. https://cryptoslate.com/open-usd-supply-hits-666-million-as-10-wallets-trap-most-tokens/ #Web3 #Blockchain #Stablecoins

OKX has secured strategic investments from Circle, Ripple and Standard Chartered at a flat 25 billion USD valuation, extending a March round led by the NYSE owner ICE. The exchange also launched OKX Money, a standalone app for saving, sending and spending dollar-backed stablecoins. https://cryptoslate.com/ripple-and-circle-backs-okx-as-it-targets-the-next-wave-of-stablecoin-users/ #Web3 #Blockchain #InstitutionalAdoption

Cardano's new CIP-113 standard introduces programmable tokens with issuer-controlled transfer rules, designed for regulated assets. However, one token's restrictions can temporarily freeze unrelated assets in the same transaction output, adding complexity for DeFi apps. https://cryptoslate.com/cardano-just-added-the-kind-of-token-controls-wall-street-wants-and-defi-may-hate/ #Web3 #Blockchain #Regulation

Kraken's parent company Payward has partnered with Singapore Gulf Bank to offer 24/7 US dollar funding for institutional clients in Asia and the Gulf. The SGB Net connection allows eligible institutions to deposit cash with Payward and use it immediately for digital asset trading. https://cryptoslate.com/kraken-parent-joins-singapore-gulf-bank-opening-24-7-institutional-dollar-rails/ #Web3 #Blockchain #InstitutionalAdoption

FinCEN has withdrawn proposals to track self-custodial crypto wallet transactions and to designate crypto mixing as a primary money laundering concern, citing concerns over a chilling effect on legitimate activity. The regulatory reversal marks a shift in the Treasury's approach. https://decrypt.co/380120/treasury-kills-crypto-unhosted-wallet-mixer-surveillance-rules #Web3 #Blockchain #Regulation

Illinois has backed a six-month delay to the state's digital asset tax, joining crypto industry groups in seeking to postpone the levy's January start until July 2027. The joint motion follows months of industry pushback against the 0.2% tax on digital asset transactions. The delay allows time for a constitutional challenge to proceed through the courts. https://cryptoslate.com/illinois-backs-delay-to-crypto-tax-rule-after-months-of-industry-pushback/ #Web3 #Blockchain #Regulation

El Salvador Bitcoin reserve worth 666 million USD has survived an IMF review. The IMF granted waivers for missed accumulation criteria while maintaining limits on further state purchases. The country holds about 7,794 Bitcoin. https://cryptoslate.com/el-salvadors-666-million-bitcoin-reserve-survives-imf-review/ #Web3 #Blockchain #InstitutionalAdoption

Bitcoin Core has added a safeguard against signing transactions that may not bind funds to the intended recipient. The change targets a flaw in partially signed Bitcoin transactions that could produce a valid signature without protecting the output. The fix prevents affected inputs from being signed while allowing other valid inputs to proceed. https://cryptoslate.com/bitcoin-cores-new-fix-closes-gap-that-could-redirect-funds-without-stealing-keys/ #Web3 #Blockchain #Technology

Lido has proposed a new Ethereum staking route requiring 32 ETH entry bond, over 13 times the default 2.4 ETH. The higher collateral becomes more fee-efficient at around 747 ETH of stake. https://cryptoslate.com/lidos-proposed-staking-route-needs-over-13-times-the-default-entry-bond/ #Web3 #Blockchain #NewCryptoProducts

Stablecoins may not drain banks of deposits but they can still make lending more expensive. When issuers convert household deposits into large institutional accounts, banks face a worse funding mix, potentially raising loan costs for all borrowers. https://cryptoslate.com/stablecoins-may-not-drain-banks-of-dollars-but-they-can-still-make-lending-more-expensive/ #Web3 #Blockchain #InstitutionalAdoption

Chainalysis has traced the 387M USD Bitget hack to North Korea, pushing Pyongyang's 2026 crypto theft over 1B USD. The firm used AI to trace funds across Ethereum, XRP, Zcash and Tron within three hours of the breach. The AI compressed over 20 hours of work into minutes. https://decrypt.co/380005/chainalysis-ai-87m-bitget-hack-north-korea #Web3 #Blockchain #Regulation

Bankers at the Independent Community Bankers of America have sued the OCC in federal court, seeking to vacate the agency's national trust bank rule that has enabled crypto firms to obtain charters. The complaint argues the OCC exceeded its authority by widening limited-purpose trust charters for fintech and crypto companies. https://cryptoslate.com/bankers-sue-to-overturn-occ-trust-bank-rule-used-by-crypto-firms/ #Web3 #Blockchain #Regulation

ESMA has proposed banning EU custody and transfer services for non-compliant stablecoins. The regulator wants to extend existing trading restrictions to also cover safekeeping and movement of tokens that fail MiCA requirements. If adopted, existing holders could lose access to licensed custodians. https://cryptoslate.com/esma-proposes-ending-eu-custody-and-transfer-services-for-non-compliant-stablecoins/ #Web3 #Blockchain #Regulation

Arbitrum's Security Council has temporarily paused new Stylus contract activations on its One and Nova networks due to increasingly sophisticated AI-assisted attacks. Existing programmes keep running, while the Council implements the restriction by raising activation gas requirements to a prohibitively expensive level. https://cryptoslate.com/arbitrum-pauses-new-stylus-activations-over-ai-assisted-attack-risks/ #Web3 #Blockchain

Stablecoin issuers Tether and Circle hold nearly 200B USD in US Treasury securities, replacing 40% of China's lost Treasury demand over five years. The shift marks a new source of demand for government debt as foreign official holdings decline. https://cryptoslate.com/stablecoin-issuers-have-replaced-40-of-chinas-lost-us-treasury-demand/ #Web3 #Blockchain #InstitutionalAdoption

Blast, once a 2 billion USD Ethereum layer-2, is shutting down after assets plunge 98%. The Paradigm-backed network struggled with rising costs and competition from larger platforms like Coinbase and Robinhood. Users have until October 26 to withdraw funds. https://www.coindesk.com/tech/2026/10/02/once-a-usd2-billion-ethereum-layer-2-blast-is-shutting-down-after-assets-plunge-98 #Web3 #Blockchain #Web3AndBlockchain

Bitcoin held around 86,600 USD after the US added just 29,000 jobs in September, well below the 90,000 forecast, with unemployment rising to 4.2%. The weak labour market data shifted Fed rate hold odds to 74%, supporting crypto markets. https://www.coindesk.com/markets/2026/10/02/u-s-added-just-29-000-jobs-in-september-with-unemployment-rate-rising-to-4-2 #Web3 #Blockchain #InstitutionalAdoption