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Cathie Wood’s ARK bags $5M in Bullish shares as the exchange celebrates US launch

Cathie Wood’s ARK Invest has expanded its bet on Bullish, the digital asset exchange that recently went public on the New York Stock Exchange under the ticker BLSH, acquiring over $5 million worth of shares across multiple
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Musk unveils X Chat, a messenger with encryption ‘similar to Bitcoin’

Tech entrepreneur and billionaire Elon Musk is set to launch a standalone messaging app called “X Chat” to compete with Telegram and WhatsApp, with a rollout expected within the next few months
“On X, we just rebuilt the entire messaging stack into what’s called ‘X Chat,’” said Musk during The
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New Hampshire Senate stalls crypto mining deregulation bill after split vote

A vote from the Senate Commerce Committee on a bill aimed at deregulating crypto mining in New Hampshire was split on Thursday, after senators reported public feedback on the bill had surged since it was last debated.
After being deadlocked twice, once on advancing the bill and again on rejecting i
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Quantum threat to Bitcoin still years away, says Borderless Capital partner

Although still in its “infancy,” quantum computing could pose a threat to Bitcoin and other proof-of-work algorithms in the near future, according to Amit Mehra, a partner at venture capital firm Borderless Capital.
When asked what trends Borderless Capital was following, Mehra, speaking to
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Caitlin Long’s crypto bank loses appeal over Fed master account

A US appellate court has ruled against Custodia Bank, the crypto-friendly institution founded by Caitlin Long, siding with the Federal Reserve in a lower court decision.
In a Friday judgment in the US Court of Appeals for the Tenth Circuit, three circuit judges affirmed a lower court ruling in the
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US Treasury Secretary praises Singapore’s digital asset adoption at APEC

US Treasury Secretary Scott Bessent praised Singapore’s leadership in stablecoin and digital asset adoption during a meeting with Prime Minister Lawrence Wong on Friday, according to an official readout from the US Department of the Treasury
The discussion was held at the Asia-Pacific Economic
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Poor UX is causing stablecoin 'ticker fatigue': ZachXBT

The number of different stablecoin tickers and token standards is fragmenting liquidity across the crypto ecosystem and burdening users with a poor experience that is costly, technical,and time-consuming, according to onchain sleuth ZachXBT.
Cross-chain bridging restrictions, gas and transaction fe
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Canaan to supply Bitcoin mining rigs for Japan’s electric grid stability project

Mining hardware producer Canaan has won a contract to supply 4.5 megawatts (MW) of Bitcoin mining application-specific integrated circuits (ASICs) for a project designed to help stabilize Japan’s electric grid.
According to a Thursday announcement, the company will supply an electrical
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Bitcoin set for first red October in seven years: What will November bring?

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Deutsche Bank and DWS-backed EURAU stablecoin goes multichain with Chainlink

AllUnity’s euro-backed stablecoin, EURAU — a joint venture between Deutsche Bank and asset manager DWS — is expanding across multiple blockchains by using Chainlink’s crosschain infrastructure.
According to a Thursday announcement shared with Cointelegraph, EURAU will use Chainlink’s Cross-Chain
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The EU’s two-tier encryption vision is digital feudalism

Opinion by: Bill Laboon, vice president of Ecosystem at the Web3 Foundation
Sam Altman, CEO of OpenAI, recently showed a moment of humanity in a tech world that often promises too much, too fast. He urged users not to share anything with ChatGPT that they wouldn’t want a human to see. The
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ETFs will usher institutions into altcoins, just like Bitcoin: Analyst

Institutional investors may soon turn their attention to altcoins as the next wave of cryptocurrency exchange-traded funds (ETFs) arrives in the United States, according to market analysts.
The US Securities and Exchange Commission (SEC) received at least five new altcoin ETF filings during the
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Nordic bank that once shunned crypto to soon offer a Bitcoin ETP

Scandinavia’s largest bank, Nordea, has shifted its stance on crypto in the face of growing adoption and regulatory clarity, announcing its customers can access an external Bitcoin-linked exchange-traded product (ETP) in December
The Bitcoin ETP, developed by digital asset investment firm
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Revolut rolls out 1:1 USD-to-stablecoin swaps as fintechs warm to crypto

Neobank Revolut has introduced a 1:1 conversion between USD and stablecoins, allowing its 65 million users to exchange up to $578,630 every 30 rolling days without incurring fees or spreads.
“Today marks the day we remove all anxiety and friction of moving between fiat and crypto,” Revolut’s Head o
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Saylor says Strategy unlikely to scoop up rivals, ‘just a lot of uncertainty’

Strategy chairman Michael Saylor says his company isn’t interested in acquiring other Bitcoin treasury companies, as doing so is fraught with uncertainty, although he didn’t entirely rule it out.
“Generally, we don’t have any plans to pursue M&A [merger and acquisition] activity, even if it would l
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