Drift has launched a claims process for user losses from its prior security breach; initial payouts exceed 1% of total reported losses. DFX token holders may withdraw immediately or await further funding, but no full repayment timeline has been announced.
Sources: [1] The Block · Category: Platform
Blast, an Ethereum Layer 2 network backed by Paradigm, will cease operations due to persistent cost overruns. Users must withdraw assets via the official app before October 26.
Sources: [1] The Block · Category: Platform
Bitcoin rose near $87,000 on Friday, per Glassnode, as the critical $85,000 sell-side liquidity zone was largely absorbed.
Sources: [1] The Block · Category: Data
BitGo CEO Mike Belshe warned that Clarity’s failure exposes systemic risks from single entities performing exchange, brokerage, and custody functions—comparable in potential impact to Lehman Brothers’ collapse.
Sources: [1] The Block · Category: Regulation
The European Central Bank outlined three technical models for issuing central bank money on blockchains, supporting financial institutions in developing next-generation settlement infrastructure.
Sources: [1] The Block · Category: Regulation
U.S. spot bitcoin ETFs recorded $2.65 billion in net inflows during September—the second-highest monthly total since October 2025.
Sources: [1] The Block · Category: Data
Robinhood’s crypto head Johann Kerbrat stated that the SEC’s new Innovation Exemption is impeding progress; the firm remains in dialogue with regulators to clarify compliance pathways for tokenized equities.
Sources: [1] The Block · Category: Regulation
The Ethereum Foundation released zkAPI, enabling users to deposit funds into the Ethereum treasury and authorize payments via zero-knowledge proofs—ensuring AI service providers cannot link requests to payer identities.
Sources: [1] The Block · Category: Project
2026-10-04 · Content is generated by our pipeline with redaction and source backfill verification. Not investment advice.
