Blockchain News page 13

The planned EVM-compatible chain would run alongside BSC without issuing a separate token, according to reports citing CZ. BNB Chain is preparing to launch a new layer-1 blockchain designed to run alongside its existing BNB Smart Chain, according to reports published this week.

The ZODL founder says the proposed Crosslink staking mechanism is 'not good for Zcash' and has paused its rollout. Josh Swihart, the founder of ZODL and a prominent contributor to the Zcash ecosystem, has paused development of the Crosslink staking upgrade for ZEC.

The Indian crypto exchange acknowledged the loss days after its chief executive publicly dismissed early breach reports. CoinDCX, one of India's largest cryptocurrency exchanges, has confirmed a $16 million loss linked to retired wallets. The disclosure follows days of conflicting statements about whether a security breach had actually occurred.

The exchange has closed order books for a batch of assets while giving holders a separate window to move funds off the platform. Kraken has ended trading for 13 tokens on its platform, according to reports from NewsBTC and The Cryptonomist.

The central bank pushed back after the prime minister floated blockchain as a hedge against potential financial sanctions. The Bank of Israel has rejected a cryptocurrency proposal put forward by Prime Minister Benjamin Netanyahu, according to reporting from Coinfomania. The plan reportedly involved using blockchain technology as a buffer against potential financial sanctions targeting Israel.

Of four stories moving through the feeds this morning, only South Korea's tax postponement carries a scheduled deadline that forces anyone to act before the US open. Of four stories moving through the feeds this morning, only South Korea's tax postponement carries a scheduled deadline that forces anyone to act before the US open.

Attackers reportedly exploited a fee-increase feature to drain funds from Electrum users before a fix was issued. Electrum Wallet developers have shipped a patch addressing a security flaw that allowed attackers to steal bitcoin while masking the theft as a normal transaction fee increase.

The crypto device maker says attackers accessed home addresses tied to past orders, raising fears of physical targeting. Keystone has confirmed that its website suffered a security breach exposing customer shipping data. The company makes hardware wallets, physical devices used to store cryptocurrency private keys offline.

Reports put liquidated long positions anywhere from $200 million to over $400 million within hours of the price break. Bitcoin fell below the $80,000 mark, a level that has served as a psychological and technical anchor for traders in recent weeks.

The exchange scraps emails that pressed XMR holders on their coin use, while confirming Monero remains listed. Kraken's co-CEO has publicly acknowledged a mistake tied to how the exchange handled Monero withdrawals. The company had sent emails to users asking them to explain their use of the privacy-focused cryptocurrency.

A single AI chipmaker's mega-round accounted for the vast majority of tracked crypto venture capital funding this week. Tenstorrent, an artificial intelligence chip design company, raised $1.5 billion in a funding round reported on October 24.

Tokenized equity trading volume on BNB Chain surged 11-fold to $25.6 billion during the third quarter. BNB Chain closed the third quarter as the leading blockchain for tokenized stocks, according to data cited by crypto.news and Bitcoin.com News.

Blockchain analytics firm Arkham Intelligence says the suspect behind the Bitget exploit has started shifting stolen funds across dozens of wallets. Arkham Intelligence, a blockchain analytics platform, reported that the individual or group behind the Bitget exploit has begun moving stolen funds. The firm tracked $19.48 million shifted across 52 separate transfers.

Developers say faster-moving AI tools are prompting quicker public disclosure of some software bugs, raising pressure on node operators to update promptly. Bitcoin Core developers are changing how they handle bug disclosure. Some vulnerabilities will now be made public sooner than under previous practice.

Israeli leadership is reportedly exploring blockchain-based financial infrastructure as a hedge against possible restrictions on banking access. Benjamin Netanyahu has directed Israeli officials to prepare a blockchain-based contingency plan, according to reports published this week.

Prediction markets Kalshi and Polymarket together recorded their highest-ever weekly crypto trading volume. Kalshi and Polymarket together recorded $2.7 billion in weekly crypto trading volume, according to reporting from CryptoBriefing and Bitcoin.com News. The figure represents a record high for the two platforms combined.

CryptoBriefing and crypto.news disagree on whether Zheng Zhao was arraigned on Oct. 23 or is merely scheduled for arraignment on Nov. 30. CryptoBriefing and crypto.news disagree on whether Zheng Zhao was arraigned on Oct. 23 or is merely scheduled for arraignment on Nov. 30.

The liquid restaking protocol halted redemptions while it works to correct exchange rates distorted by a compromised infrastructure key Swell Network has suspended withdrawals for two of its flagship liquid restaking tokens, swETH and rswETH, after discovering unbacked increases in their exchange rates.