Blast Pulls Plug, Citing Costs That Outweigh Its L2 Revenue
TL;DR Shutdown Decision: Blast will shut down its Ethereum Layer 2 after concluding that operating costs exceed network revenue and that there is no credible path
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Bitfinex Warns Tokenized Assets Are Only as Liquid as Their Exit
TL;DR Bitfinex argues tokenized securities are not automatically liquid because investors still need counterparties, reliable pricing and an effective route back to cash or underlying assets.
Zano Attacker Minted 36.9M ZANO, 1.8 Quadrillion fUSD Before Rollback
TL;DR Zano says an attacker exploited Gateway Addresses to mint 36.9 million unauthorized ZANO and roughly 1.8 quadrillion fUSD before the network rolled back about one
THORChain Refuses Selective Censorship, Lets Nodes Halt Chains Over Solvency
TL;DR THORChain rejected incorporating selective censorship mechanisms: the protocol cannot block individual transactions based on identity or history. The Litecoin pause highlights the difference between halting
XRP Outshines Ethereum in October ETF Flows, Institutions Turn Wary on ETH
The XRP ETFs kicked off October with positive net flows, recording $4.07 million on the first day of the month, while Ethereum ETFs posted net outflows
Drift Exploit Victims Get One Cent Per Dollar Back, Fury Erupts Over DFX Token
Victims of the exploit that stole approximately $295.4 million from Drift in April are today receiving around one cent for every dollar lost, under the recovery
ECB’s Isabel Schnabel Outlines Three Models for Central Bank Money Onchain
TL;DR Isabel Schnabel outlined three models for bringing central bank money onto programmable infrastructure: direct tokenized reserves, synchronized RTGS-to-DLT settlement, and privately issued tokens backed by
US Sanctions A7 Network Behind $179B Ruble Token
The U.S. Treasury on October 1 sanctioned Russia-linked A7 Network as a significant transnational criminal organization and proposed restrictions on transfers involving its foreign Sub-Agents. The
BNB Chain Hits $1B Milestone in Tokenized Stocks and ETFs
TL;DR $1B Milestone: BNB Chain became the first blockchain to surpass $1 billion in tokenized stocks and ETFs, reaching a market value of $1.1 billion. Market
South Korea Proposes Tokenized Securities Rules for February 2027 Launch
TL;DR South Korea’s FSC proposed rules enabling tokenized securities issuance and circulation from February 4, 2027, covering stocks, bonds, funds and fractional investment products. Distributed ledgers
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