Cosmos developers patched a critical vulnerability in the IBC protocol after a private disclosure from Asymmetric Research. The flaw had existed since 2021 and recently became exploitable, but no funds were lost and at least $126 million in assets were safeguarded.
Bitcoin surged past $100,000 and reached $104,000 as a Mt. Gox-linked wallet moved 27,871 BTC worth nearly $2.8 billion. The transfer revived market attention on creditor repayments, though observers see limited broader impact for now.
The Veefriends NFT project will launch limited-edition physical collectibles at Macy's and Toys'R'Us starting October 17, with existing NFT holders eligible for free figures. The project has $240.15 million in all-time sales.
John McAfee reportedly hid in a semi-abandoned Spanish 'ghost hotel' with a 24/7 Bitcoin mining farm in the basement. Police found the rigs in 2018 but lacked authority to shut them down. The hotel was owned by a Russian businessman.
California lawmakers have passed AB 2658, a bill that defines blockchain technology and smart contracts while recognizing blockchain-secured records and signatures under state law. The measure now awaits the governor’s signature.
The stablecoin market saw a $1.925 billion decline this week, led by Ethena's USDe falling 7.91%. Two stablecoins—Stream Finance's XUSD and Stable Labs' USDX—lost their dollar peg. Tether still dominates with 60.09% of the $305.5 billion market.
Coinbase has partnered with Nium to bring USDC-funded cross-border payouts to more than 190 countries, allowing business clients to settle into local currencies with potentially faster and more transparent payment flows.
Stacks 2.0 aims to bring smart contracts, decentralized apps, and a new BTC earning mechanism to Bitcoin without changing the base chain, using Proof-of-Transfer and the Clarity language.
