Bloomberg has expanded its Crypto Exposure Analytics service to help customers identify and classify crypto-asset and tokenised real-world asset exposures under the Basel Committee on Banking Supervision’s prudential framework for banks. The update aims to connect exposure detection with classification and reporting workflows across securities, funds, derivatives and company balance sheets. The Basel framework divides
Prediction market platform Polymarket has reportedly fired Chief Marketing Officer Matthew Modabber following an internal investigation into controversial promotional practices that attracted regulatory scrutiny and raised concerns among investors.The dismissal was reported by the New York Post on October 22, 2026, citing people familiar with the matter. Modabber had served as Polymarket’s marketing chief since
A Solana-based memecoin called Project Kimchi suffered a dramatic collapse on October 23, 2026, with its market capitalization plunging more than 98% from approximately $15 million to $284,000 after Pump.fun co-founder Alon removed a promotional repost on X.The token’s rapid rise followed a promotional image published by cryptocurrency trader Kimchi, known as @kimchi1x, featuring a
Ethereum developers have postponed the Glamsterdam network upgrade on the Hoodi testnet, previously scheduled for October 26, 2026, following concerns that proposed changes to gas accounting could affect existing smart contracts.The Ethereum Foundation confirmed the decision on October 22, stating that developers require additional time to investigate interactions between Ethereum Improvement Proposal 8037 (EIP-8037) and
HSBC has begun rolling out its Hong Kong dollar-backed stablecoin, HSBC RedCoin, to users of its PayMe payments application, marking a significant step in the adoption of regulated digital currencies by traditional financial institutions.The phased launch began on October 23, 2026, targeting PayMe’s more than 3.3 million users and a merchant network of approximately 100,000
A shareholder in Circle Internet Group has filed a federal lawsuit against US President Donald Trump, World Liberty Financial and associated parties, alleging that cryptocurrency transactions linked to the United Arab Emirates violated the Constitution’s Foreign Emoluments Clause.The complaint, filed October 22, 2026, in the US District Court for the District of Columbia, was brought
JPMorgan analysts say recent actions by US financial regulators are partially offsetting the cryptocurrency industry’s legislative setback following the Senate’s failure to advance the CLARITY Act in September.In an October 21 research report, a team led by Nikolaos Panigirtzoglou said initiatives from the Securities and Exchange Commission (SEC), Commodity Futures Trading Commission (CFTC) and Office
Indian cryptocurrency exchange CoinDCX has denied allegations of a second major security breach after blockchain investigators identified approximately $16 million in suspicious cryptocurrency transfers from addresses associated with the platform.The disputed transactions occurred on October 21, 2026, involving approximately 15.99 million Tether (USDT) and 5,783.81 TRON (TRX) tokens. The transfers were initially flagged by blockchain investigator
Robinhood Markets has received authorization from the Dubai Financial Services Authority (DFSA) to introduce its retail investment platform in the Middle East, expanding its international ambitions beyond the United States and Europe.The company announced the approval on October 22, 2026, confirming that it will establish its regional headquarters in the Dubai International Financial Centre (DIFC).The
Indian cryptocurrency exchange CoinDCX has acknowledged operational losses after failing to recover deposits sent to wallets compromised during its July 2025 security breach. The admission followed questions from blockchain investigators over approximately $16 million in suspicious transfers involving addresses linked to the exchange.In an updated statement on October 22, CoinDCX said some customers continued depositing