Engineer Who Sabotaged Employer for Bitcoin Ransom Gets Prison Time
A former infrastructure engineer at a New Jersey-based industrial company has been sentenced to 32 months in federal prison after admitting that he sabotaged his employer’s computer systems—and demanded roughly $750,000 in bitcoin to stop the attack. Daniel Rhyne, 59, of Kansas City, Missouri, was sentenced Sept. 28 in federal court in Trenton...
By Andrew Hayward 10/7/2026, 11:05:22 PM
Arbitrum DAO Weighs 100 Million ARB Push To Make USDG A Core Stablecoin
Arbitrum has joined Paxos’ Global Dollar Network, and a new DAO proposal asks the community to back USDG as a strategic stablecoin for the ecosystem. The plan includes adding 100 million ARB to the DRIP incentive budget to support liquidity, integrations and adoption.
By NewsBTC Editorial Team 10/7/2026, 11:00:00 PM
BitGo And HashKey Expand Asia Partnership Across Staking, Custody And Tokenization
BitGo and HashKey Cloud have expanded an earlier staking relationship into a broader Asia-Pacific partnership covering staking, trading, custody and real-world asset tokenization. HashKey will support validator services for eligible BitGo clients, initially across Ethereum and Solana.
By Bitcoinist Editorial Team 10/7/2026, 11:00:00 PM
Developer builds free Adobe Creative Cloud alternatives using Claude Opus 5.5
The emergence of open-source Adobe alternatives highlights AI's potential to democratize software development, challenging industry norms. The post Developer builds free Adobe Creative Cloud alternatives using Claude Opus 5.5 appeared first on Crypto Briefing.
By Diego Almada Lopez 10/7/2026, 10:45:15 PM
OpenAI math breakthroughs raise ‘bunker mode’ alarm from Bitcoin researcher Justin Drake
OpenAI’s latest advances in mathematics have prompted a leading Ethereum researcher to warn that crypto’s core wallet security could face an unexpected AI threat. On Oct. 7, Ethereum researcher Justin Drake urged the blockchain industry to prepare for what he described as “bunker mode,” including a controlled migration of digital assets into fresh...
By Oluwapelumi Adejumo 10/7/2026, 10:24:45 PM
Saudi-led coalition destroys 82 Houthi military targets in Yemen
The coalition's actions may shift the conflict dynamics, potentially reducing Houthi advances and impacting regional stability and market perceptions. The post Saudi-led coalition destroys 82 Houthi military targets in Yemen appeared first on Crypto Briefing.
By Estefano Gomez 10/7/2026, 10:15:33 PM
Coinbase connects US traders to global derivatives liquidity
Coinbase's integration of global derivatives liquidity could significantly enhance US traders' market access, potentially boosting institutional participation and market efficiency. The post Coinbase connects US traders to global derivatives liquidity appeared first on Crypto Briefing.
By Vivian Nguyen 10/7/2026, 10:10:44 PM
Kalshi’s 15-Minute Gold Bets Top Ether as Fast Markets Drive Fees
Kalshi’s public data shows its 15-minute gold markets traded more contracts than their ether counterparts in September, their second month of operation. The short-duration markets now bring in most of the exchange’s non-sports fees. Gold Passes Ether in Its Second Month Kalshi’s 15-minute gold markets traded more contracts than its ether markets...
By Luci Kelemen 10/7/2026, 10:05:59 PM
Grok Bot gains native X search, analyzing more than 100 posts per prompt
Grok Bot's enhanced capabilities streamline data analysis, offering strategic insights for marketers and researchers, but posting limitations remain. The post Grok Bot gains native X search, analyzing more than 100 posts per prompt appeared first on Crypto Briefing.
By Diego Almada Lopez 10/7/2026, 10:05:32 PM
Orca and Loopscale merge into Formation, setting sights on AI, robotics and defense financing
Formation's focus on AI, robotics, and defense financing could reshape DeFi's role in traditional sectors, introducing new regulatory and credit risks. The post Orca and Loopscale merge into Formation, setting sights on AI, robotics and defense financing appeared first on Crypto Briefing.
By John Chen 10/7/2026, 10:04:43 PM
Anthropic launches Claude Haiku 5.5 with 75% lower average costs
Anthropic launched Claude Haiku 5.5 with 75% lower average costs, cut Sonnet cache pricing and announced API credits for Max and Team users. The post Anthropic launches Claude Haiku 5.5 with 75% lower average costs appeared first on Crypto Briefing.
By Estefano Gomez 10/7/2026, 10:01:50 PM
Kraken Lets Traders Bet On Oura And Moonshot Before Their IPOs
Kraken Pro has launched a trading competition around perpetual futures linked to Oura and Moonshot ahead of their anticipated IPOs. The contracts provide price exposure to the private companies without conferring shares or an allocation in any future public offering.
By Bitcoinist Editorial Team 10/7/2026, 10:00:00 PM
Winklevoss Zcash ETF Filing Brings Privacy Coin Exposure To Nasdaq
Winklevoss Asset Services has filed an S-1 with the SEC for the Winklevoss Zcash ETF, a proposed Nasdaq-listed product designed to hold ZEC directly. The preliminary prospectus sets a 0.25% sponsor fee, while Winklevoss Capital has indicated nonbinding interest in purchasing up to $100 million of shares.
By NewsBTC Editorial Team 10/7/2026, 10:00:00 PM
Fed minutes show most officials favored another rate hike by year end
Fed minutes show most officials favored another rate hike by year end as persistent inflation, energy prices and AI spending fueled concern. The post Fed minutes show most officials favored another rate hike by year end appeared first on Crypto Briefing.
By Estefano Gomez 10/7/2026, 9:55:59 PM
Coinbase opens full PONS-USD trading with limit, market, and stop orders
Coinbase's rapid PONS-USD listing enhances market accessibility, potentially boosting trading volume and liquidity despite regional restrictions. The post Coinbase opens full PONS-USD trading with limit, market, and stop orders appeared first on Crypto Briefing.
By Vivian Nguyen 10/7/2026, 9:55:34 PM
Hyperliquid Faces Singapore Regulatory Questions Despite Local HQ: Report
Singapore's regulatory question is less about where Hyperliquid Labs is registered and more about whether it falls under MAS oversight.
By Wayne Jones 10/7/2026, 9:55:06 PM
Trump to award science and tech medals to Musk, Dell, Nadella at White House summit
Trump's awards to tech leaders highlight a strategic push to bolster U.S. dominance in AI and innovation through public-private collaboration. The post Trump to award science and tech medals to Musk, Dell, Nadella at White House summit appeared first on Crypto Briefing.
By John Chen 10/7/2026, 9:46:01 PM
Saudi-led forces claim advances against Houthis near Mokha in Yemen
The reported advances may alter conflict dynamics, impacting market perceptions and potentially influencing future diplomatic or military strategies. The post Saudi-led forces claim advances against Houthis near Mokha in Yemen appeared first on Crypto Briefing.
By Estefano Gomez 10/7/2026, 9:44:18 PM
Microsoft prices Nvidia-powered Surface Laptop Ultra at $2,599
Microsoft's Surface Laptop Ultra could redefine AI computing standards, intensifying competition and innovation in the high-end laptop market. The post Microsoft prices Nvidia-powered Surface Laptop Ultra at $2,599 appeared first on Crypto Briefing.
By Diego Almada Lopez 10/7/2026, 9:38:53 PM
Coinbase Pro returns with enhanced features, expands market options
Coinbase Pro's relaunch could boost market activity and influence Ethereum's price dynamics, reflecting strategic ecosystem expansion. The post Coinbase Pro returns with enhanced features, expands market options appeared first on Crypto Briefing.
By Estefano Gomez 10/7/2026, 9:36:03 PM
Robert Rubin warns AI boom carries financial and social risks
The AI investment surge risks creating a fragile financial ecosystem, potentially amplifying economic instability and social inequality. The post Robert Rubin warns AI boom carries financial and social risks appeared first on Crypto Briefing.
By Diego Almada Lopez 10/7/2026, 9:33:49 PM
GCC condemns Houthi attacks on Saudi airports as “systematic crimes”
The GCC's condemnation may lead to increased regional unity and potential military escalation, impacting geopolitical stability and market dynamics. The post GCC condemns Houthi attacks on Saudi airports as “systematic crimes” appeared first on Crypto Briefing.
By Estefano Gomez 10/7/2026, 9:33:15 PM
Ethereum Price Forecast: ETH drops below $2,600 as Tom Lee says BitMine will end buying spree
Ethereum (ETH) treasury firm BitMine Immersion (BMNR) will halt its weekly accumulation of the top altcoin over the next few months.
By N/A 10/7/2026, 9:23:49 PM
Over 200,000 displaced in Yemen as fighting escalates: IOM
The escalating conflict in Yemen exacerbates humanitarian crises, destabilizes the region, and complicates peace efforts, impacting global security. The post Over 200,000 displaced in Yemen as fighting escalates: IOM appeared first on Crypto Briefing.
By Estefano Gomez 10/7/2026, 9:18:38 PM
AWS rolls out a physical AI toolchain for robots and autonomous machines
AWS's new AI toolchain could accelerate robotics innovation by lowering development costs and integrating NVIDIA's advanced AI capabilities. The post AWS rolls out a physical AI toolchain for robots and autonomous machines appeared first on Crypto Briefing.
By Diego Almada Lopez 10/7/2026, 9:14:47 PM
US Government Moves Half a Billion Worth of Crypto in Just Few Hours
The U.S. government moved roughly $566 million in seized cryptocurrency to Coinbase Prime within hours.
By Alex Dovbnya 10/7/2026, 9:11:55 PM
Europol Warns Quantum Threat Could Put Crypto Fortunes at Risk
Europol is pushing back on crypto’s quantum doomsday scenario. In a report published Wednesday, the agency says quantum computers pose a far greater threat to exposed wallet keys than to blockchains themselves, warning that vulnerable keys cannot be retroactively secured and will eventually need to be migrated. Europol Says Quantum Computers...
By Jamie Redman 10/7/2026, 9:05:32 PM
French Hill says SEC and CFTC crypto rules fall short of legislation
House Financial Services Committee Chair French Hill has renewed his push for a permanent US crypto law, saying regulatory action falls short of legislation as the Senate faces just 22 session days after November’s elections. Fox Business carried Hill’s comments…
By Lawrence Mondal 10/7/2026, 9:00:00 PM
Ethereum ETFs Lose $201.9 Million As Bitcoin Funds Return To Inflows
US spot Ethereum ETFs recorded $201.9 million in net outflows on October 6, according to Farside Investors. Bitcoin ETFs moved the other way with roughly $118.8 million of net inflows, creating a sharp one-day divergence between institutional flows into the two largest crypto assets.
By NewsBTC Editorial Team 10/7/2026, 9:00:00 PM
Polymarket Rebuilds Its Core With Protocol V2 And pUSD Collateral
Polymarket has begun testing Protocol V2, a major rebuild of the smart contracts behind its prediction markets. The architecture consolidates markets around a unified exchange system and pUSD collateral, with canary testing expected to continue through October 30 ahead of a tentative November 2 transition for new markets.
By Bitcoinist Editorial Team 10/7/2026, 9:00:00 PM
Circle brings USDC, EURC payments to SAP customers through Tereina
The partnership with SAP-backed Tereina will let businesses send and receive Circle’s stablecoins from within the financial software they already use.
By Nate Kostar 10/7/2026, 8:48:34 PM
Spiral is adding Bitcoin payments to Mesh LLM so machines can buy AI compute
Integrating Bitcoin payments into AI networks could revolutionize decentralized compute markets, enhancing autonomy and efficiency in AI transactions. The post Spiral is adding Bitcoin payments to Mesh LLM so machines can buy AI compute appeared first on Crypto Briefing.
By Diego Almada Lopez 10/7/2026, 8:42:16 PM
Uranium Finance hacker convicted over $55 million theft, faces 20 years
A New York jury has convicted cybersecurity consultant Jonathan Spalletta of computer fraud and money laundering over two Uranium Finance attacks that drained nearly $55 million, with the money laundering count carrying up to 20 years in prison. The U.S.…
By Lawrence Mondal 10/7/2026, 8:30:00 PM
Bitcoin rally loses momentum as spot volume, ETF inflows remain weak
Bitcoin (BTC) declined below $85,000 as low trading volume and lack of fresh capital inflows weakened its momentum.
By N/A 10/7/2026, 8:28:55 PM
Trump administration plans to unveil over $1 billion in private AI science pledges at White House summit
The initiative could democratize AI research, empowering smaller labs and reshaping federal funding dynamics, but equitable access remains crucial. The post Trump administration plans to unveil over $1 billion in private AI science pledges at White House summit appeared first on Crypto Briefing.
By Diego Almada Lopez 10/7/2026, 8:21:26 PM
CFTC Chair Says New Crypto Rulemaking Will Prevent Another FTX-Style Collapse
Bitcoin Magazine CFTC Chair Says New Crypto Rulemaking Will Prevent Another FTX-Style Collapse CFTC Chair Mike Selig has said that the regulator wants to bring stringent regulations to the crypto world. This post CFTC Chair Says New Crypto Rulemaking Will Prevent Another FTX-Style Collapse first appeared on Bitcoin Magazine and is written by...
By Mathew Di Salvo 10/7/2026, 8:21:22 PM
French Hill says SEC and CFTC crypto rules are no substitute for the CLARITY Act
The lack of a permanent legislative framework for crypto regulation may lead to ongoing market instability and fragmented compliance standards. The post French Hill says SEC and CFTC crypto rules are no substitute for the CLARITY Act appeared first on Crypto Briefing.
By John Chen 10/7/2026, 8:20:59 PM
10 AI Models Including Claude and ChatGPT Pick Crypto’s Year-End Winners
The crypto leaderboard has been anything but sleepy in 2026, with venice token (VVV) up a staggering 1,541% year to date and several others already sitting on triple-digit gains. With less than three months left, Bitcoin.com News asked several leading AI models a tougher question: Which cryptocurrency still has the most firepower left before Dec....
By Jamie Redman 10/7/2026, 8:20:30 PM
Aave v4 on Base draws $4.7 million in Coinbase tokenized stock deposits
Aave's integration of tokenized stocks into DeFi could reshape global finance, highlighting regulatory challenges and market volatility risks. The post Aave v4 on Base draws $4.7 million in Coinbase tokenized stock deposits appeared first on Crypto Briefing.
By Vivian Nguyen 10/7/2026, 8:14:31 PM
Bitcoin Struggles to Break Higher as ETF Demand Weakens: Bitfinex Alpha
The latest data shows weaker ETF demand and lower leverage, with key levels now likely to shape Bitcoin’s next move.
By Mandy Williams 10/7/2026, 8:11:16 PM
Strike launches Stacks to sort Bitcoin savings into goal-based buckets
Strike's Stacks feature could enhance Bitcoin financial management, attracting users seeking organized savings strategies and improving retention. The post Strike launches Stacks to sort Bitcoin savings into goal-based buckets appeared first on Crypto Briefing.
By Kaye Quema 10/7/2026, 8:09:09 PM
Here’s How Cardano Millionaires Stirred The Pot Again
ADA’s latest 10% rally looks more like fresh leverage building up rather than a pure short squeeze. Continue reading at DailyCoin.
By Samantha Diamo 10/7/2026, 8:07:00 PM
Nvidia director Mark Stevens leads Q3 insider sales
Significant insider sales may signal potential shifts in market confidence or strategic realignments within these major tech firms. The post Nvidia director Mark Stevens leads Q3 insider sales appeared first on Crypto Briefing.
By Diego Almada Lopez 10/7/2026, 8:05:51 PM
Binance Lets Traders Use Tokenized JPMorgan And Eli Lilly Shares As Margin Collateral
Binance is adding four bStocks tokenized securities as eligible collateral across Cross Margin, Portfolio Margin and Portfolio Margin Pro. The assets represent JPMorgan Chase, Eli Lilly, Securitize and StablecoinX, bringing tokenized equity exposure directly into the exchange’s crypto collateral system.
By Bitcoinist Editorial Team 10/7/2026, 8:00:00 PM
Ethereum Tests 200 Million Gas Limit On Sepolia As Glamsterdam Moves Forward
Ethereum’s Sepolia testnet is testing a 200 million block gas limit as part of work around the Glamsterdam upgrade. The experiment is more than three times Sepolia’s previous 60 million target and is intended to show how clients and validators behave under much heavier Layer 1 execution loads.
By NewsBTC Editorial Team 10/7/2026, 8:00:00 PM
Hyperliquid confirms Singapore base as MAS says it falls outside its remit
Hyperliquid Labs has confirmed its registered headquarters in Singapore, where its roughly 11-person team moved in 2024, while the country’s regulator has said it is unaware of the platform being regulated in any major jurisdiction. The Financial Times reported that…
By Lawrence Mondal 10/7/2026, 8:00:00 PM
ChatGPT and Gemini keep growing as Meta’s Muse nears 2 million daily users
The rapid growth of AI platforms like ChatGPT, Gemini, and Muse signals a shift towards more autonomous, action-oriented AI systems. The post ChatGPT and Gemini keep growing as Meta’s Muse nears 2 million daily users appeared first on Crypto Briefing.
By Diego Almada Lopez 10/7/2026, 7:49:50 PM
XRP ETFs now hold $1.7 billion but took in just $4M last week
Franklin and Canary saw outflows on Oct. 6 even as the five tracked funds gained net inflows, while wallet migrations complicate the supply story. The post XRP ETFs now hold $1.7 billion but took in just $4M last week appeared first on CryptoSlate.
By Liam 'Akiba' Wright 10/7/2026, 7:40:35 PM
Moody’s Gives Sky Protocol Its First Stablecoin Credit Rating
Moody’s has given Sky Protocol a B3 rating with a stable outlook, marking the agency’s first rating of a stablecoin protocol. But the report carries a sting: Sky held only about $90 million in tangible common equity against roughly $10 billion in tangible managed assets as of September, leaving the former MakerDAO with what Moody’s […]
By Jamie Redman 10/7/2026, 7:40:09 PM
U.S. Investors Want to up Their Crypto Holdings: Charles Schwab
Bitcoin Magazine U.S. Investors Want to up Their Crypto Holdings: Charles Schwab American investors who hold crypto want to keep adding over the next year, new research shows. This post U.S. Investors Want to up Their Crypto Holdings: Charles Schwab first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.
By Mathew Di Salvo 10/7/2026, 7:38:16 PM