Live Feed

Crypto hardware wallet maker Ledger announced at Token2049 in Singapore today that it has launched a Bitcoin-backed lending feature for eligible users. Through infrastructure from decentralized lending protocol Morpho, users can post assets including wrapped cbBTC and wBTC as collateral and borrow stablecoins including USDC and USDT.

Dragonfly Capital managing partner Haseeb Qureshi said crypto is needed more by people than by AI agents, contrary to forecasts earlier this year that AI agents would broadly adopt crypto payments. According to ChainCatcher, Qureshi made the remarks while attending the Token2049 conference in Singapore. Qureshi said existing payment networks such as credit cards are already available to AI agents, so crypto is not separately necessary for them. Instead, Qureshi said AI agents could help people use crypto with greater confidence by filtering out mistakes like a bank would. Qureshi also argued that as AI sharply lowers the cost of surveillance and physical attacks increase, crypto and private AI could become a last line of defense for reclaiming privacy against state power.

Bitmine Chairman Tom Lee said at a Token2049 keynote in Singapore today that the company will stop buying more ETH after reaching its target of holding 5% of Ethereum’s total supply, setting the existing accumulation goal as a hard cap. Lee said Bitmine currently holds about 6 million ETH, or roughly 4.9% of total ETH supply, and needs only about 100,000 more ETH to reach the 5% target. Separately, Lee has been sharing Bitmine’s ETH holdings on X, where Lee has referred to the 5% ownership target as the "Alchemy of 5%."

Bitcoin has maintained a $83,000-$87,000 range formed over the past two weeks, keeping intact a stair-step uptrend seen over the past several months, according to a CoinDesk analysis. Vikram Subburaj, CEO of Indian crypto exchange Giottus, said holding $83,000 would mean selling pressure has not been strong enough to push the price back to the previous range of $76,000-$81,500. Subburaj added that if Bitcoin remains consistently below $82,000-$83,000, it could slide to $80,000-$81,500. Meanwhile, Alex Kuptsikevich, chief market analyst at FxPro, identified $84,000 as a support level and said a break below it could lead to a further decline toward $80,000. According to CoinMarketCap, BTC was trading at $83,960.71, down 2.35%.

Jake Chervinsky, CEO of the Hyperliquid Policy Center, said at Digital Asset Summit 2026 Asia in Singapore that all exchanges, including CME Group and Intercontinental Exchange, the parent of the New York Stock Exchange, should adopt public blockchain infrastructure within the next decade to remain competitive. Chervinsky said Hyperliquid is not an exchange but infrastructure that sits a layer below exchanges in the technology stack. Hyperliquid’s vision, Chervinsky said, is to upgrade the technology so the broader financial system uses public blockchains as its base infrastructure. Chervinsky added the on-chain market is likely to enter the U.S. regulatory framework before long, and said public chains and decentralization offer resilience, security and transparency, while lower costs and faster speeds can improve the traditional financial system.

Jito Foundation CEO Brian Smith said JTX, Jito’s in-house trading platform, is set to launch a mobile app this fall, according to The Block. Smith added that JTX will add a new stock trading feature in the coming weeks and may launch perpetual futures this winter. The Jito Foundation had previously announced plans to use fees generated on JTX for JTO buybacks and burns over the next year. According to CoinMarketCap, JTO was trading at $0.5251, down 8.12%.

Kyobo AIM Asset Management, an affiliate of Kyobo Life Insurance, plans to invest about 40 billion won ($30 million) in Evernorth, a U.S. treasury company that manages XRP as a core asset, Minju Sinmun reported. According to the U.S. SEC, Evernorth signed a $30 million convertible bond subscription agreement on Sept. 11 with KyoboAIM Corporate Finance General Private Equity Investment Trust No. 3, with NH Investment & Securities serving as custodian. Separately, Evernorth’s Nasdaq listing schedule has been delayed by four days, and the shares are expected to begin trading around Oct. 12 under the ticker 'XRPN'.

About 60% of Bitcoin supply excluding coins dormant for more than 10 years has remained in profit since August, according to a CryptoQuant analysis by contributor Darkfost. In a post on X, Darkfost said long-dormant holdings should be excluded for a more realistic view of the market because their unrealized gains are large, liquidity is low, and a significant share may have been lost. Darkfost added that more than half of the remaining BTC supply has moved back into profit, but the market still appears far from overheated over the medium to long term. Darkfost also said investors now face a choice between continuing to hold positions kept for nearly a year, taking profits, or exiting with limited losses. Sideways price action around current levels is also natural, Darkfost said, adding that the next move will depend on whether demand or supply takes the upper hand.

The number of stablecoin holder addresses worldwide surpassed 300 million as of the third quarter this year, according to CryptoRank. CryptoRank added that BNB Chain recorded the largest increase among major networks in the third quarter, adding around 13 million stablecoin holder addresses, and also had the highest total holder count among major networks. CELO, TRX, and SOL each added more than 2 million holders as well.

Cardano founder Charles Hoskinson said on X that Midnight (NIGHT) was nowhere to be seen at the Cardano Foundation booth at the ongoing Token2049 event in Singapore, adding that it felt like "Where's Waldo" and arguing the ecosystem's biggest project was not being shown anywhere. Hoskinson added that the Foundation may have chosen not to display Midnight because of its privacy focus. He said the booth was a public asset funded by the Cardano community and represented the Cardano ecosystem, adding that it was backed by community money. The remarks come as parts of the Cardano community have recently raised questions about Hoskinson's responsibility. Hoskinson previously pushed back, saying he was not responsible for sluggish growth in the Cardano ecosystem and did not hold a formal leadership role or a title such as CEO because Cardano is a decentralized network.

Russia’s central bank on Oct. 6 released its first list of registered crypto businesses eligible under a cryptocurrency law that took effect on Sept. 1, Cointelegraph reported. The list includes four exchange operators and five custodians. Sberbank, Russia’s largest bank, was included on the list of approved digital asset custodians. The bank had recently applied to the central bank for a custodian license and said it plans to launch its first cryptocurrency product on Dec. 1. Russian President Vladimir Putin previously signed the new law in August to regulate crypto exchanges, custodians, brokers, and investors.

An index tracking the top 200 cryptocurrencies by market capitalization has risen just 5% since October 2021, Jamie Coutts, a crypto analyst at financial research firm Real Vision, said on X. Coutts said the crypto market has effectively moved sideways for five years. While the index had been on a long-term trend of rising about 35% annually since 2017, it is now sitting 35% below that trendline, Coutts said. Coutts added that the issue was not a lack of demand, but that newly issued coin supply had offset demand. Annual new supply growth has fallen to 3.3% from 26.5%, payouts to coin holders have increased fivefold, and demand is also showing signs of rebounding, according to Coutts, who described the current period as crypto's "payback" era.

Former Coinbase Chief Technology Officer Balaji Srinivasan said at the Token2049 conference in Singapore that Bitcoin could become a reserve currency for Western institutions that need to prove solvency, while individuals could use Zcash (ZEC) as money for financial privacy. Srinivasan added that ZEC could effectively serve as a shield that helps users regain privacy. Srinivasan is also known as an early pioneer in zero-knowledge proof technology.

Binance announced it has completed the process of merging Stargate Finance’s STG token into LayerZero’s ZRO token. The tokens were distributed at a ratio of 0.08634 ZRO for each one STG.

Bithumb announced it will temporarily suspend SEI deposits and withdrawals at 9:00 a.m. UTC on Oct. 8 to support the Sei network upgrade.

Eric Trump, the eldest son of President Donald Trump, said at Token2049 Singapore that the era of paying wages in stablecoins is arriving and that his family businesses are considering the option for payroll. He said the family’s companies, including global hotel operations, employ tens of thousands of workers and are reviewing whether to pay salaries in stablecoins. Eric Trump added that more athletes have recently been seeking to receive contract payments in Bitcoin (BTC), while traditional check payments can take 24 to 36 hours to process and workers want wages deposited into their accounts immediately.

Evernorth Holdings, an XRP treasury company, has pushed back its Nasdaq listing schedule by four days, CoinGape reported. The company is now expected to complete its merger with Armada Acquisition Corporation around Oct. 9, local time, and begin trading on Nasdaq under the ticker XRPN around Oct. 12. The merger had originally been scheduled for Oct. 7, with trading set to begin on Oct. 8.

Two wallets believed to belong to the same whale or institution withdrew 110 million Longxia from KuCoin and Gate, equal to 11% of the token’s total supply, EmberCN reported. The holdings were worth $7.01 million, and Longxia was up more than 40% today. Exchange withdrawals are typically interpreted as a move into holding wallets. Longxia means lobster in Chinese.

LG Electronics has filed a U.S. patent application for technology that would enable user data generated by home appliances such as TVs, refrigerators and washing machines to be traded through blockchain, Digital Asset reported. The patent, titled Blockchain-Based Data Transaction Device and Method, was published in the United States on Sept. 17. The core of the technology is to select only the necessary portions of user data generated by home appliances, register them on a blockchain, and manage data access rights with tokens. The target devices include TVs, air conditioners, washing machines, refrigerators and vacuum cleaners. The system can collect a range of usage data from those devices, including viewing history, content usage information, application usage data, air conditioner mode and usage time, washing machine usage frequency, and how often a refrigerator door is opened and closed.

Bithumb announced the removal of HEMI from its delisting watchlist after determining that the issues behind the trading caution designation had been resolved.

World Liberty Financial co-founder Zak Folkman said at Token2049 in Singapore that preparations for the launch of the WLFI app have been completed, according to The Block. The company has not disclosed a specific launch date or details on the app’s features.

The market-cap-weighted value of the top 200 cryptocurrencies has risen only about 5% since October 2021, according to Jamie Coutts, a crypto market analyst at Real Vision. Coutts said the crypto market had effectively stagnated over the past five years as new token supply offset gains in demand. Coutts added that supply conditions have recently shifted, with annual new supply growth slowing to 3.3% from 26.5%, while rewards flowing to token holders have increased fivefold. Demand is also showing signs of recovery, Coutts said.

OKX founder Star Xu said at Token2049 in Singapore that OKX is using AI to identify risk factors, support investigations into suspicious transactions and behavior, and suggest response measures. Star Xu added that AI does not directly make compliance or risk management decisions, with final judgments still made by humans.

World Liberty Financial, the Trump family’s DeFi project, plans to expand its payment technology offerings to major Web2 companies, Crypto Briefing reported. The main focus is corporate payment services for disbursing funds to drivers, contract workers and content creators, with the related payment infrastructure built around WLFI’s dollar stablecoin USD1.

Dominion, a Solana-based tokenized silver project, announced it is shutting down after a security incident in September led to the theft and sell-off of a large amount of SILV tokens, collapsing liquidity. The project said the attack also caused losses to operating funds and damaged the market structure, leaving the capital needed to rebuild beyond its remaining resources. Dominion said it will direct most of its remaining liquidity to a reimbursement program and allow eligible users who held SILV before the attack to redeem and liquidate their tokens at $63 each. SILV is a token designed to be backed one-to-one by physical silver, with each token representing one troy ounce of silver.