Blockchain News page 14

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.

The senator is asking Tether to explain payments to a consulting firm co-owned by the former White House crypto adviser Senator Richard Blumenthal has opened an inquiry into Tether, the issuer of the world’s largest stablecoin. He wants records detailing roughly $6.3 million in payments allegedly sent to a consulting firm co-owned by Bo Hines.

A new report says Seoul will amend its foreign exchange rules to bring stablecoins under formal payment oversight South Korea is preparing to amend its foreign exchange law to regulate stablecoins as payment instruments, according to a report covered by The Block and CryptoBriefing.

The penalty marks the second time Irish regulators have sanctioned the exchange's local entity for failing to properly protect client assets. Coinbase's Irish subsidiary has been fined €3.25 million, roughly $3 million, over failures in safeguarding customer funds.

The bank's MONY and JLTXX fund tokens move onto a public blockchain for the first time, according to multiple reports. J.P. Morgan is bringing tokenized versions of its money market funds to Solana, according to reports from BlockchainReporter, UNLOCK Blockchain and Cryptonews.com.

The industry group laid out ten guiding principles it wants lawmakers to adopt before updating federal tax policy on digital assets. The Blockchain Association, a trade group representing crypto companies and investors, has asked Congress to revise federal tax rules governing digital assets.

Binance founder Changpeng Zhao says artificial intelligence won't break Bitcoin, but leaked personal data could still hurt users Changpeng Zhao, the founder of Binance widely known by his initials CZ, has weighed in on growing concerns about artificial intelligence and crypto security.

The approval comes as Kazakhstan moves to impose stricter oversight on digital asset trading. Payward, the parent company of cryptocurrency exchange Kraken, has secured initial approval to operate in Kazakhstan. The development was reported by Bitcoin.com News and Fintech News Singapore on October 23, 2026.

The digital asset infrastructure firm pushed back on claims that Visa was in discussions to buy it for $2.5 billion. Fireblocks, a company that provides custody, wallet infrastructure and transfer technology for digital assets, has publicly denied reports of acquisition talks with Visa. The reports had put a potential deal value at approximately $2.5 billion.

The Indian exchange says deprecated wallets, not its active infrastructure, were involved in the incident. CoinDCX, one of India's largest cryptocurrency exchanges, has confirmed that a number of users experienced losses connected to deposits made to old wallet addresses.

Corroboration arrived at very different speeds across Tuesday's slate, and the gap tells you more about each claim than the headline does. Corroboration arrived at very different speeds across Tuesday's slate, and the gap tells you more about each claim than the headline does.

The venture firm is rebranding its digital asset unit as it widens its focus to AI and other frontier technologies. Andreessen Horowitz, one of the most prominent venture capital firms backing digital asset startups, is dropping the word "crypto" from the name of its dedicated investment division.

The oracle network's tie-up with LG Group's IT arm targets institutional blockchain adoption in South Korea. Chainlink has entered a partnership with LG CNS, the information technology and digital services subsidiary of South Korea's LG Group, Bitcoin.com News reported.

The strongest-sourced overnight story is a protocol fix for Ethereum, and the rest is adoption plumbing and one unresolved breach. The strongest-sourced overnight story is a protocol fix for Ethereum, and the rest is adoption plumbing and one unresolved breach.

The development arm behind Dogecoin says it is building economic infrastructure tied to the coin's long-running $1 price goal. Dogecoin Labs, the organization tied to development work on the Dogecoin network, has signaled an effort to expand the coin's purpose beyond its meme-driven reputation.

Cloud platform Railway tells users to reset credentials after an investigator alleges stolen funds were traced across multiple chains Railway, a cloud platform widely used by developers to deploy applications and manage backend infrastructure, is at the center of a reported security breach.

A governance vote shows strong support for studying whether Starknet should evolve beyond its role as an Ethereum scaling network. Starknet's governance process has produced a decisive signal. Token holders voted in large numbers to support research into the network's potential future as a standalone Layer 1 blockchain.

The upgrade targets how the network reaches finality, with implications for traders and developers. Solana has completed the rollout of its Alpenglow upgrade, CoinDesk reported on October 22, 2026. The upgrade touches the network's consensus layer, the underlying system validators use to agree on the state of the blockchain.