Cryptocurrency exchange Bitget said on October 17 that it will discontinue services for certain users in a one-time account closure exercise, while maintaining that customer assets remain safe and its wider trading platform continues operating normally.The exchange said affected customers will receive individual notifications explaining withdrawal arrangements, applicable deadlines and the steps required to close
Circle Internet Group (NYSE: CRCL) disclosed that approximately 59% of its $1.4 billion in first-half 2026 revenue went toward USDC distribution, transaction costs and partner payments, leaving the stablecoin issuer with a net profit margin of roughly 7% as competition intensifies over the economics of digital dollars.In an October 16 statement, Circle said it paid
Ledger is facing questions over its handling of earlier hardware-wallet tampering reports after security researchers disclosed warnings dating back to December 2025, months before an October 9 incident involving stolen cryptocurrency and modified devices sold through an authorized reseller.Former Mt. Gox CEO Mark Karpelès said he knew of at least two people who had contacted
French Bitcoin treasury company Capital B reported a net loss of €69.5 million ($78.1 million) for the first half of 2026, compared with a €1.9 million loss a year earlier, as a substantial non-cash impairment on its cryptocurrency holdings overshadowed modest revenue growth.The Euronext Growth Paris-listed company said in its October 15 financial disclosure that
Deutsche Bank expects to launch its first digital asset custody service within weeks, with plans to expand into Asian financial centres in 2027 as Germany’s largest lender moves to build a broader business around cryptocurrencies, stablecoins and tokenized financial instruments.Gerald Podobnik, co-head of Deutsche Bank’s Corporate Bank, confirmed the timetable on October 16 during the
Circle Internet Group (NYSE: CRCL) plans to expand into approximately 40 emerging and developing markets as the stablecoin issuer seeks to turn growing demand for digital dollars into a larger global payments business.Speaking on October 16 during the IMF and World Bank meetings in Bangkok, Circle CEO Jeremy Allaire said blockchain technology was moving beyond
Crypto markets were flat on October 16, 2026, but Injective (INJ) stood out as one of the top performers in the Layer-1 sector. The token rose nearly 30% in 24 hours. Three things drove the move: Injective’s leaders met US regulators in Washington, a major Thai company began running an institutional validator on the network,
A U.S. federal judge has rejected a joint request by cryptocurrency exchange Gemini and the Commodity Futures Trading Commission (CFTC) to overturn a $5 million settlement, leaving a permanent injunction in place despite the regulator’s conclusion that its original enforcement case should never have been filed.U.S. District Judge Alvin Hellerstein ruled on October 15 that
Taiwan has blocked domestic access to cryptocurrency exchange Coinbase and prediction-market operator Kalshi over suspected illegal election wagering, escalating enforcement against online betting platforms ahead of nationwide local elections scheduled for November 28, 2026.The restrictions were authorized by a New Taipei court following a request from Taiwan’s Criminal Investigation Bureau. The court permitted the country’s
Global index provider MSCI has adopted new eligibility rules that could remove Bitcoin treasury companies Strategy and Metaplanet from its widely followed equity indexes, introducing stricter criteria for distinguishing operating businesses from investment-oriented entities.In an October 15 announcement, MSCI confirmed that the revised methodology will be implemented during its November 2026 Index Review, taking effect