A 3x bitcoin fund can lose money while bitcoin goes nowhere
The SEC has cleared six 3x funds to list on Cboe BZX. The maths of a daily reset means a flat week for bitcoin can still cost a holder money.
All the news
Leading today: Janus Henderson’s new Nasdaq-100 token isn’t open to UK buyers. Every story we publish, newest first.
UK sanctions Cryptomus and TokenSpot in Russia package
Five crypto and payment firms were designated on 8 October. The legal text names no A7 network and no dollar figures, and UK-held balances are frozen.
XRP Ledger patches a decade-old bug that could mint XRP from nothing
Researchers showed a payment could credit a receiver without debiting the sender. An emergency fix has shipped. Nobody has said if it was ever used.
Bitwise is closing its Dogecoin ETF with under $1m in it
Bitwise's spot Dogecoin ETF stops trading after 14 October holding roughly $725,870, after a year in which almost nobody bought it.
Securitize puts Apple and Nvidia shares on Solana. Not for UK buyers
Securitize has tokenised 12 US stocks on Solana with dividends and USDC settlement. Access is limited to eligible US and EU investors, not UK retail.
ESMA wants non-MiCA stablecoins off EU platforms by January
ESMA has told EU regulators to clear non-MiCA stablecoin exposure within three months. The Opinion names no token and binds no platform directly.
Tether is being sued over $2.76m of stablecoins frozen for a year
A payments firm says Tether froze $2.76m of its USDT for over a year over a Brazilian probe it denies any link to. No court order was needed.
Ethereum’s biggest corporate buyer says it will stop at 5%
Bitmine holds 6.02 million ether, near 4.9% of supply. Chairman Tom Lee says buying stops at 5%, roughly 100,000 coins away on his own estimate.
Ethereum researcher urges a slow migration of funds to fresh addresses
Justin Drake suggests a gradual move to fresh addresses. Nothing has been broken, and rushing a migration carries risks of its own.
Cardano adds a token standard that lets issuers freeze balances
Cardano's new standard lets token issuers freeze and seize balances. It covers assets issued under it, not ADA itself or coins you already hold.