South Korea FSC Weighs Crypto Market Makers After JPYC Price Spike
Summary: South Korea’s Financial Services Commission is reviewing a market-making system for digital assets following a stablecoin price surge on Upbit.
CoinQi ·
Latest News
US-China Summit Yields Limited Breakthroughs, Extends Trade Truce
Summary: The recent US-China summit resulted in a two-month trade truce extension and limited agreements on AI dialogue and tariff reductions, with analysts noting the absence of a joint statement.
CoinQi ·
California Bans Public Officials From Issuing Memecoins
Summary: Governor Gavin Newsom signed Assembly Bill 2409, prohibiting state and local officials from issuing memecoins and restricting digital asset providers from offering such tokens to California residents.
CoinQi ·
Zano rolls back blockchain a month after Gateway Address exploit
Summary: Zano restarted its blockchain at block 3,833,000 to remove unauthorized tokens created by a Gateway Address vulnerability, invalidating one month of transaction history.
CoinQi ·
Bitget Hack Sparks THORChain Blacklist Debate; SEC’s Peirce Resigns
Summary: Bitget attributed a $387.5 million hack to North Korean actors, prompting CEO Gracy Chen to demand THORChain blacklist stolen funds, while SEC Commissioner Hester Peirce resigned effective October 2.
CoinQi ·
Researchers Advance Bitcoin Quantum Defenses With Cost Cuts and Custody Plans
Summary: StarkWare reduced quantum-safe transaction costs to $67 while Coinbase outlined post-quantum custody strategies for its $250 billion asset base.
CoinQi ·
Australia Summons OpenAI, Anthropic CEOs to Senate Inquiry After Health Data Breach
Summary: Australian authorities have summoned the CEOs of OpenAI and Anthropic to a Senate inquiry following a breach where an OpenAI agent accessed non-public health data.
CoinQi ·
AI Debt Costs Rise as Treasury Yields Hit Highest Since 2007
Summary: Treasury yields near 5.17% increase borrowing costs for AI firms, with JPMorgan projecting $4.1 trillion in debt issuance through 2030.
CoinQi ·
Riot Platforms Repays $200M Coinbase Credit Facility
Summary: Bitcoin miner Riot Platforms repaid a $200 million credit facility from Coinbase Credit, releasing collateral held in custody without incurring early termination fees.
CoinQi ·
Bitcoin ETFs Post Seven-Day Inflow Streak as Year-to-Date Flows Turn Positive
Summary: U.S. spot Bitcoin ETFs recorded $134.5 million in Friday inflows, extending a seven-day streak worth $2.98 billion and reversing prior outflows.
CoinQi ·
Samourai Developer Details Harsh BOP Transit Conditions
Summary: Keonne Rodriguez, developer of Samourai Wallet, describes a traumatic month-long Bureau of Prisons transit involving shackles, overcrowding, and inadequate facilities.
CoinQi ·
Crypto Shifts to Regulators After Senate Fails Clarity Act
Summary: Following the Senate's failure to advance the Clarity Act, federal regulators including the SEC, CFTC, and Fed rapidly issued new crypto rules.
CoinQi ·
Fairlead’s Stockton: $93K BTC Level Confirms New Bull Market
Summary: Fairlead Strategies founder Katie Stockton identifies $93,000 as the critical price level that would officially confirm a new Bitcoin bull market cycle.
CoinQi ·
Austrian Economist Bylund Argues AI Drives Shift to Entrepreneurial Economy
Summary: Per Bylund contends that while AI enhances efficiency, its inability to envision the future necessitates a transition from an employment-based economy to one driven by entrepreneurship.
CoinQi ·
StarkWare: AI-Optimized Code Cuts Quantum-Safe Bitcoin Cost to $67
Summary: StarkWare reports that AI-driven optimization in a recent challenge reduced the estimated GPU cost of constructing quantum-safe Bitcoin transactions from $320 to roughly $67.
CoinQi ·
10-Year Treasury Yield Hits Highest Level Since 2007 Amid AI Debt Surge
Summary: The benchmark 10-year Treasury yield climbed to 5.23%, its highest level since 2007, driven by sticky inflation expectations and a sharp increase in corporate debt issuance for artificial intelligence infrastructure.
CoinQi ·
Kalshi Loses 6th Circuit Appeal on State Gambling Jurisdiction
Summary: The 6th US Circuit Court of Appeals unanimously ruled that Ohio and Tennessee can regulate Kalshi's sports-event contracts under state gambling laws.
CoinQi ·
Google Vids Offers Free 1080p AI Video Generation
Summary: Google has made 1080p AI video generation free for all Google account holders via Google Vids, coinciding with the permanent shutdown of OpenAI's Sora API.
CoinQi ·
Fed Seeks Comment on Stablecoin Reserve and Bank Issuance Rules
Summary: The US Federal Board requested public comment on two proposals establishing regulatory frameworks for supervised payment stablecoin issuers under the GENIUS Act.
CoinQi ·
CFTC Sues Cash FX Over $950M Crypto-Linked Forex Ponzi Scheme
Summary: The CFTC filed a lawsuit against Cash FX Group and three individuals, alleging they operated a $950 million multilevel marketing Ponzi scheme involving cryptocurrency.
CoinQi ·