Author: Jeremy Ryan

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. TL;DR: US spot Bitcoin ETFs recorded $484.9 million in net outflows on October 7, according to Farside Investors. BlackRock’s IBIT led the withdrawals with $207.7 million leaving the fund, while Fidelity and ARK also posted nine-figure outflows. A day after Bitcoin ETF inflows appeared to recover,…

The bug-fix package, called fixCleanup3_4_0, had exactly 29 votes as of Monday, according to the XRPL Dashboard. It’s nine days into its two-week countdown and on course to go live around 09:34 UTC on Oct. 23. It has no votes to spare, so one validator pulling support would restart the clock.The lending system has 19 votes. The vaults that would hold lenders’ money are a separate change and have 21. Neither has started a countdown, so even if both hit 29 votes today, lending couldn’t go live before early November.Separately, the patch also closes a loophole that could let an…

Such addresses give away no information on today’s computers. Each Zcash address carries a public key built from the wallet’s viewing key, the secret a wallet uses to spot payments sent to it, using one-way elliptic-curve math similar to what protects bitcoin and ether wallets. Ordinary computers can’t run that math in reverse, but a large enough quantum computer running Shor’s algorithm, a method published in 1994 for exactly that job, could theoretically work backward from the address to the key.That’s the real threat hanging over Satoshi-era bitcoin, whose public keys already sit onchain for anyone to copy. Last week,…

The specific wallet behind Sunday’s move received the bulk of its funds, some 411 BTC, on Sept. 11, 2013. Back then the cryptocurrency traded around $131. Over the next 13 years, the owner didn’t buy, sell, or move a single coin. They simply sat tight as the asset’s value skyrocketed more than 600 times, holding through three halvings, the 2017 boom, the 2022 FTX collapse, and the launch of spot bitcoin ETFs in 2024.While the owner remained completely inactive, the wallet itself did see some activity over the years. Dozens of tiny deposits trickled in, each worth less than a…

The proposal comes as Latvia changes how it taxes crypto investments. On Oct. 15, the country’s parliament passed legislation to tax withdrawals from crypto investment accounts once they exceed the amount deposited, rather than taxing each trade.The law also introduces a one-time declaration process. Holders can settle past tax obligations by paying 10% of their declared assets’ market value at the end of 2026. Declarations can be filed from April 1 to May 31, 2027, with the tax due by July 23.Dejus said the measure would help people who bought crypto years ago but lack records to prove what they…

Wall Street’s fear gauge, the VIX index, ripped higher on Friday as stocks tanked on AI and geopolitical worries. Bitcoin BTC$82,001.05 traded choppy. Traders are betting the fear gauge keeps climbing.However, if VIX history and bitcoin’s steady weekend price action are any guide, the panic could subside just as quickly on Monday.First, a quick primer. Cboe’s VIX measures how much traders expect the S&P 500, the blue-chip stock index, to swing over the next four weeks. It’s derived from options prices. When people get nervous, they buy options, which are contracts used to hedge against price swings. That pushes the…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure TL;DR: Investigators have raised new concerns about stolen crypto flowing into Zcash, following earlier tracing of roughly 2,746 ZEC linked to the Bitget breach. Shielded transactions obscure details after entry, but do not prove that the underlying network has been compromised. Privacy is a legitimate feature of cryptocurrency. It is also what makes Zcash a difficult destination for investigators trying to follow money stolen in a hack. An October 17 warning from on-chain investigator Specter drew attention to reported flows tied to several crypto security incidents, including…

White House Executive Director of the President’s Council of Advisors for Digital Assets Patrick Witt is leaving government service and returning to the private sector. Where does that leave the council?PS: I’ll be at Money 20/20 on Monday and Tuesday and NEXTPredict on Thursday and Friday. Want to say hi? Ping me on Telegram.You’re reading State of Crypto, a CoinDesk newsletter looking at the intersection of cryptocurrency and government. Click here to sign up for future editions.The narrativeThe White House does not currently have a publicly named crypto head. Patrick Witt, the most recent adviser to President Donald Trump, said…

Thai police arrested a 37-year-old Chinese man wanted by authorities in China for alleged involvement in an international crime network and money laundering.Investigators said the network handled more than 500 million yuan ($75 million) in transactions, Thai media Khaosod English reported in a post on X on Saturday.Police alleged the suspect was involved in cryptocurrency and foreign-currency exchanges for criminal groups across more than 133 accounts.They also claimed that he was involved in arranging visas for members of international crime groups linked to other money-laundering cases.Investigators said he attempted to evade arrest by using forged documents to report his residence…

Most major blockchains besides Bitcoin run on proof of stake, where validators vote on each block by signing it. Signature aggregation is what makes large validator sets practical. Ethereum uses BLS signatures, whose algebraic structure lets it combine tens of thousands of validator signatures every slot into a single group element. Solana, where validator votes have made up about three-quarters of all transactions, is adopting BLS aggregation too, as part of its Alpenglow upgrade. But as useful as BLS is, it is not post-quantum — and in fact, no known post-quantum signature scheme aggregates this way. Post-quantum signatures are also…