EEZ tests atomic L1-to-L2 transaction in push to unify Ethereum
An EEZ contributor shared a 0.001 ETH crosschain test as the project develops a framework to connect Ethereum mainnet and its rollups. Source:Cointelegraph
Better Markets says CFTC is ‘wrong agency’ to regulate retail crypto
Better Markets said the CFTC’s proposed framework to bring certain cryptocurrency transactions and exchanges under its oversight will leave investors less…
U.S. scraps proposed $10,000 reporting rule for for crypto sent to private wallets
FinCEN withdrew two proposals that had hung over selfcustody and crypto mixers for years without ever taking effect. Source:CoinDesk
Ethereum’s Glamsterdam test gets last-minute fix before major capacity jump
One of Ethereum’s main validator clients updated its software hours before a Sepolia test that will raise the amount of work each block can hold to 200 million…
Bitcoin keeps getting rejected at $87,000 as stocks hover near records
BTC fell back to about $85,600 after sellers turned it away from $87,000 for the third time since Sept. 23, while Nasdaq closed at a record and Treasury yields…
Solana Foundation unveils a program to settle institutional trades in seconds. JPMorgan gave input
Solana Foundation launched an opensource program that lets institutions settle trades in seconds, not days. JPMorgan provided key inputs. Source:CoinDesk
Rain seeks US trust bank charter days after OCC sued over crypto charters
Rain joins a growing queue of crypto firms seeking federal trust charters, while community banks have just asked a court to overturn the OCC rules underpinning…
OKX eyes emerging markets with yield-offering stablecoin savings and payments app
OKX Money lets users hold, send and spend dollarbacked stablecoins, with qualifying USDG balances earning up to 10% APY. Source:Cointelegraph
Chinese crime network laundered over $1B for Lazarus: ZachXBT
ZachXBT says he infiltrated the network by posing as a customer, gaining information that helped trace funds from the $1.5 billion Bybit hack.…
The case for Nvidia’s stock to march even higher after clinching its first record high in months
Analysts highlight the stock’s cheap valuation and the chip maker’s central role in the AI ecosystem. Source:MarketWatch
This new AI model could help America close a technological gap with China
Nvidiabacked Reflection AI announced Beam, a new ultraefficient open model that boasts capabilities on par with those of Chinese ones Source:MarketWatch
Crypto PAC announces support for 32 House candidates in US midterms
Fairshake said it would financially back 32 House candidates who all voted in favor of the CLARITY market structure bill in 2025, as the bill remains in limbo…