$4.2B crypto bank Anchorage Digital cuts 17% of workforce: Report
The reported cuts come as Anchorage expands its institutional footprint, including stablecoin issuance and a $100 million investment from Tether.…
Blast to wind down Ethereum L2 after costs outpace revenue
Once among Ethereum’s largest layer2 networks by total value locked, Blast is urging users to move their assets to mainnet ahead of the shutdown.…
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.…
Ethereum’s zkAPI brings privacy-preserving API payments to mainnet
Ethereum’s zkAPI is now live on mainnet, turning an earlier zeroknowledge API payment proposal into a working implementation for private, prepaid access.…
50,000 Europeans call on EU to ease stablecoin rewards restrictions in MiCA review
A 50,000letter campaign is pressing Brussels to rethink stablecoin rewards as EU central banks seek broader changes to MiCA’s stablecoin rules.…
CFTC seeks to define event contracts as swaps amid prediction market fight
The classification could assist the CFTC’s claim that it has exclusive federal jurisdiction over event contracts offered on regulated prediction markets.…
MetaMask exits Ethereum validators as it investigates security incident
MetaMask said it is investigating the threat internally and said it has found no immediate threat to its wallets. Source:Cointelegraph
Illinois draft crypto tax rules detail DeFi, stablecoin treatment
Illinois’ draft rules spell out how its 0.2% digital asset transaction tax would apply to stablecoins, DeFi platforms, crypto bridges and selfcustody…
Ethereum schedules Glamsterdam upgrade on Sepolia for Oct. 6
Glamsterdam will bring proposerbuilder separation, blocklevel access lists and new gas pricing, while its mainnet date remains unset. Source:Cointelegraph
BitMine could hit its 5% Ether supply target within weeks — then what?
BitMine could reach 5% of Ether’s supply by early November, while Tom Lee has left open whether it would continue buying beyond that level. Source:Cointelegraph
Tether says it helped freeze $550M in Iran-linked USDT this year
The disclosure came as Senate Democratic investigators alleged USDT had become a key part of Iran’s shadow banking network. Source:Cointelegraph
Strategy buys 1,665 Bitcoin for $143M as BTC stack hits 847,666
Strategy sold 1.47 million MSTR shares for $246.2 million, using the proceeds for Bitcoin purchases and STRC preferred stock repurchases. Source:Cointelegraph