TL;DR: New York’s attorney general is seeking $1.3 billion in monetary relief in the NovaTech case and has announced nearly $6 million in promoter settlements. The larger sum is a request to the court, not money recovered for investors. New York’s effort to recover losses from the NovaTech cryptocurrency scheme has reached a new stage, […]
Archives for October 24, 2026
SEC Puts Tokenization On Its 2027 Examination Agenda
TL;DR: The SEC has named tokenization among its fiscal 2027 examination priorities, bringing the systems behind blockchain securities into closer supervisory focus. The staff document sets inspection priorities and creates no new legal obligations. The SEC’s tokenization agenda now includes a practical question for financial firms: can the infrastructure work reliably when something goes wrong? […]
Bitcoin Hashrate Reclaims One Zettahash As Mining Competition Rebounds
TL;DR: BlocksBridge reported Bitcoin’s seven-day hashrate above one zettahash in the week to October 22. Mining competition has recovered despite companies shifting some infrastructure toward AI. A mining company can switch strategy without making Bitcoin mining any easier for the businesses that remain. New network data puts that distinction in focus. In its October 22 […]
Strategy, Strive face balancing act between bitcoin buying and preferred stock dividends
“Perpetual preferreds have brought bitcoin to income investors, a group that ETFs never reached,” said Mark Palmer, a senior equity research analyst at StoneX. Ryan Rasmussen, the head of research at Bitwise, also sees the products attracting buyers who might avoid bitcoin exchange-traded funds, though he expects the ETFs to remain the bigger demand channel. […]
Capital Research Raises Metaplanet Voting Stake To 11.11%
TL;DR: Capital Research and Management’s reported Metaplanet voting stake reached 11.11% as of October 16. Both a larger holding and a share buyback affected the percentage. Metaplanet has disclosed that Capital Research and Management crossed the 10% voting-rights threshold, based on an investor report. The company’s October 23 notice puts the investment adviser’s reported position […]
Block’s new voice AI sounds eerily human, sparking awe and scam fears
For now, Dessa remains a research preview rather than a publicly available product. Shock and awe Dessa’s demo quickly drew attention on social media, with some users praising how natural the interactions sounded. X user Alexander Hoff said he had never “heard anything artificial that sounded so… human,” while user Hesamation described it as “straight […]
Crypto under weekend pressure, bitcoin slides below $80,000 on U.S. Middle East evacuations
The U.S. is quickly evacuating personnel from embassies and military bases throughout the Middle East as intelligence suggests Iran is prepping attacks against Americans, the WSJ reported Saturday morning. “Iran has substantially increased efforts to target U.S. personnel,” wrote Jay Clayton, the director of national intelligence, in a Friday memo to Secretary of State Marco […]
Why McDonalds, Microsoft and Google saying no to tokenized stocks isn’t a dealbreaker
That gives public companies a say in whether unaffiliated third parties tokenize and trade their shares, but it also tilts the decision toward caution. Global law firm Latham & Watkins has warned issuers that silence effectively becomes an irrevocable decision: the SEC order provides no mechanism to object after the 30-day window or withdraw a […]
Sygnum Launches Bitcoin Loans With Collateral Keys Shared Across Parties
TL;DR: Sygnum and Debifi have launched MultiSYG, a Bitcoin-backed lending service using segregated multisignature wallets. The arrangement spreads control of collateral across several parties, while borrowers remain exposed to the economics of a secured loan. Sygnum and Debifi launched MultiSYG on October 23, bringing shared control of Bitcoin collateral into the bank’s lending business. Each […]
Argentina drops criminal probe into President Milei over crashed memecoin LIBRA
An Argentine federal judge has dismissed the criminal case against President Javier Milei over his promotion of LIBRA, a memecoin that crashed soon after its launch in February 2025. The ruling also covers Milei’s sister Karina, the presidency’s secretary general. U.S. businessman Hayden Davis, who described himself as an adviser to the token’s launch, was […]
