Porsche’s ‘long haul’ Web3 project ends in less than four years
Porsche is winding down its Web3 project and Pioneers Circle community as trading activity in its 911 NFT collection falls sharply from early levels.
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Porsche is winding down its Web3 project and Pioneers Circle community as trading activity in its 911 NFT collection falls sharply from early levels.
Rising open interest and funding rates signal renewed demand for bullish bitcoin exposure.
A Tether-backed project, Utexo, plans to support private USDT transfers, direct swaps between BTC and USDT and loans backed by BTC, while keeping most transaction data off Bitcoin’s public ledger.
Bitcoin ETFs returned to inflows with $103 million, while Ether funds recorded a third straight day of net outflows.
Bitcoin is up roughly 3% in October as traders await September’s jobs data, while rising bond yields, a stronger dollar weigh on broader markets.
South Korean crypto exchange operating profits fell 78% in the first half of 2026 as trading volumes, market capitalization and customer deposits declined.
South Korea’s financial regulator proposed detailed rules for tokenized securities, including capital requirements, OTC trading licenses and retail investment limits.
The unauthorized coins were indistinguishable from legitimate ZANO, leaving the team unable to remove them without rolling back the blockchain.\n
Node operators running version 26.06.7 or earlier were told to upgrade immediately.
Ethereum’s zkAPI is now live on the mainnet, providing a system for private, prepaid access to AI and other API services using zero-knowledge proofs, according to a post from Vittorio Rivabella of the Ethereum Foundation’s dAI team. Users can deposit funds into an Ethereum vault and use zero-knowledge proofs to demonstrate sufficient credit without revealing their identity, while short-lived API keys with predefined limits are issued for usage. The project, developed with the Open Anonymity Project, also released a local client, SDK, and browser-based AI chat, following a February proposal by Ethereum researchers. However, zkAPI does not conceal prompt contents or network metadata, which may still allow users to be linked across sessions through external identifiers.
The SEC proposed a new crypto custody rule aimed at clarifying how investment advisers and funds can handle customer crypto assets, providing a regulatory framework that replaces previous uncertainty, according to SEC Chairman Paul Atkins. The proposal would permit self-custody under specific circumstances, requiring advisers to lack a qualified custodian and to review the ability to hold assets quarterly, also allowing the use of state-chartered trusts as custodians. The rules also include record-keeping and disclosure requirements, and extend industry practice clarifications. The proposal is open for a 60-day public comment period, and follows recent SEC moves on related crypto regulation topics.
The article reports that President Donald Trump is hosting a "gala dinner" in November for his top memecoin investors, including the top 185 registered in the $TRUMP token, at his Washington, D.C.-area club. This event is advertised as the "most exclusive dinner in the world," though none of the three "legend" guests promised to join have been identified. Past events have faced criticism from Democratic lawmakers, who accuse them of being examples of corruption by providing political access to large investors. The announcement caused a temporary increase in the token’s price, which has since stabilized at recent levels, and the event is accompanied by gifts for VIP investors.
US bond yields fell sharply around Thursday’s Wall Street open as Bitcoin price action sought to preserve a local trend of higher lows.
Although the CLARITY Act failed to advance in Congress, regulators such as the SEC and CFTC took immediate steps to provide some regulatory clarity, with the SEC offering a five-year "Innovation Exemption" to allow certain tokenized U.S.-listed stocks to trade onchain using automated market makers, and the CFTC updating guidance related to tokenized investments and blockchain recordkeeping (CoinDesk). The SEC's exemption, which is narrower than legislative proposals, enables specific trading models without requiring registration as exchanges, but it is limited in scope and duration, with ongoing discretion to modify terms. The exemption emphasizes testing the market with tokenized stocks that carry the same rights as traditional shares, such as dividends and voting, and advisors are advised to verify the actual rights and benefits associated with such tokens before recommending them. The overall context suggests that while legislative clarity remains absent, regulators are actively creating a framework that could facilitate the industry's continued development, provided participants assess associated operational risks carefully.
The popular cross-chain trading system said it will reimburse losses after a bug affected deposits and withdrawals across several networks.
Researchers in a Latin American stablecoin ecosystem report warned “fragility in the system is concentrated in its thinnest layer,” with just 16 of 494 companies focused primarily on wholesale liquidity, treasury and credit.
Bitcoin was approximately flat near $84,000 after closing the third quarter with a 42.7% gain, its best quarterly performance since the first quarter of 2024 when it rose 68.7%, according to CoinDesk. Ether similarly was just above $2,700, marking its best quarterly result since a 160.7% increase in the first quarter of 2021, with a 70.8% rise. Both cryptocurrencies experienced minimal change on the first day of the fourth quarter. Meanwhile, macroeconomic factors such as rising interest rates, with the U.S. 10-year Treasury yield reaching a 24-year high of 5.362% before falling to 5.282%, have been influencing markets ahead of the U.S. Nonfarm Payrolls Report, which economists expect will show 90,000 new jobs added in September.
Both sides agreed the 0.2% tax should be put off until July 1, if the court approves the deal, which will let the state and industry focus on the legal dispute.
Your day-ahead look for Oct. 1, 2026
U.S. markets are the envy of the world because investors trust that whoever owns a share owns it fully, writes Aaron Kaplan, founder of Promethum. The synthetic models cheapens that trust, shortchanges U.S. investors, and undercuts the issuer-led capital markets model.
Prices briefly topped $85,000 on Wednesday after weaker-than-expected U.S. inflation cooled bets on Fed rate hikes, But bulls couldn’t hold the move and spot ETFs didn’t help.
Bitcoin erased its post-PCE gains as analysts cautioned that methodology changes complicated the lower-than-expected inflation reading.
According to a report from CoinDesk, Citigroup has increased its 12-month forecast for Bitcoin to $113,000 from $82,000 and for Ether to $3,028 from $2,240, citing renewed inflows into exchange-traded funds (ETFs) and favorable macroeconomic conditions. The bank expects cryptocurrency investment products to attract approximately $5 billion in inflows over the next year as advisors and brokerages gradually increase Bitcoin allocations. Despite prior net outflows earlier in the year, recent months have seen net inflows of $800 million into U.S. spot Bitcoin ETFs. The market has shown resilience following the Senate's rejection of the Clarity Act on September 15, with Bitcoin gaining over 10%, supported by the U.S. Treasury’s bond buybacks and positive sentiment shifts.
Bitcoin gained 42.71% in Q3, its best third-quarter performance since 2017, as US spot ETFs attracted $6.34 billion in net inflows.