Washington, D.C. The U.S. Federal Reserve took a historic step on Oct. 21 by featuring decentralized finance (DeFi) as an official agenda topic at its Payments Innovation Conference in Washington, D.C. In its first-ever session devoted to bridging traditional finance (TradFi) and digital assets, the Fed signaled that blockchain technology is no longer peripheral it is entering the core of financial infrastructure. The panel, titled Bridging Traditional Finance with the Digital Asset Ecosystem, was moderated by Rebecca Rettig, Chief Legal Officer at Jito Labs, and featured Sergey Nazarov,...

Washington, D.C. Federal Reserve Governor Christopher J. Waller said the U.S. central bank intends to play an active role in the ongoing technological transformation of the global payments system, highlighting tokenization, stablecoins, and artificial intelligence as forces redefining how money moves. Speaking Tuesday at the opening of the Payments Innovation Conference in Washington, Waller described a payments landscape in the midst of a technology-driven revolution, arguing that the Fed should not merely regulate innovation but help shape it. A few years ago, it would have been...

Upbit, South Koreas largest cryptocurrency exchange, has officially listed Synfutures (F) on its Korean Won (KRW) market, marking the second consecutive day of new listings. The announcement immediately ignited strong market enthusiasm, sending Synfutures price soaring by over 121% compared to the previous days close. According to CoinGecko data, the token was trading at $0.01474 at the time of writing, representing a 58.2% daily gain. Synfutures is a next-generation decentralized derivatives exchange (DEX) built around its innovative Oyster AMM, a fully on-chain Automated Market Maker...

Australia is ramping up regulation of cryptocurrency ATMs, with the Australian Transaction Reports and Analysis Centre (AUSTRAC) poised to gain expanded powers to restrict or even ban high-risk crypto services. The move comes amid mounting fears of fraud, money laundering, and financial scams linked to the rapid growth of crypto ATMs across the country. In just five years, Australias crypto ATM count has skyrocketed from about 23 machines in 2019 to over 2,000 todaymaking it the worlds third-largest crypto ATM market after the United States and Canada. According to AUSTRAC, approximately...

White House economic adviser Kevin Hassett has hinted that the ongoing U.S. government shutdown could end this week, potentially clearing the path for long-awaited XRP ETF filings awaiting SEC approval. Speaking to CNBC, Hassett referred to the budget impasse as the Schumer shutdown, suggesting that moderate Democrats may soon strike a deal to reopen the government. Hassett, a close ally of President Donald Trump and a leading contender to succeed Jerome Powell as Federal Reserve chair in 2026, emphasized that once the government reopens, negotiations can resume in regular order. He also...

Ethereums leadership is facing mounting controversy after core developer Péter Szilágyi publicly criticized Vitalik Buterin and a small circle of decision-makers within the Ethereum Foundation. Szilágyi revealed a letter accusing Buterin and his close allies of exerting disproportionate control over the blockchains development, claiming that key projects are governed by a Vitalik-centric interest group of a few individuals and venture capital firms. According to Szilágyi, Ethereums ecosystem has strayed from its founding principles of decentralization, with...

Dogecoin (DOGE) faced heavy selling pressure heading into the weekend, slipping nearly 3% as institutional traders reduced exposure across major cryptocurrencies. The meme-inspired token struggled to break above the $0.20 resistance level, where repeated failures triggered algorithmic selling and profit-taking. Broader macroeconomic stress and renewed trade tensions between the U.S. and China fueled a defensive tone across altcoin markets, prompting funds to unwind risk positions. The latest retracement in DOGE came amid a volatile week for global assets, as investors reacted to headlines on...

Coinbase has shocked the crypto community by purchasing an NFT tied to the revival of the UpOnly podcast for an astounding $25 million$5 million more than the hosts original $20 million asking price. The deal fulfills a tongue-in-cheek promise by UpOnlys hosts, who had joked that they would release eight new episodes if anyone bought their $20 million NFT. The twist? Coinbase gains no advertising rights, no sponsorship privileges, and no creative control over the show. UpOnly, a popular crypto podcast hosted by Jordan Fish (aka Cobie) and others, had ended months ago before the NFT stunt...

Europol has taken down a massive crypto phishing ring operating out of Latvia, responsible for stealing at least $5.7 million from unsuspecting victims across Europe. The cybercriminals ran a sophisticated SIM farm-for-hire scheme that utilized over 49 million fake accounts to conduct large-scale phishing attacks and digital fraud worldwide. The operation was linked to more than 1,700 cases of online scams targeting users primarily in Latvia and Austria, though the total number of global victims may be far higher. Authorities seized roughly $330,000 worth of cryptocurrency, several luxury...

An extensive AWS (Amazon Web Services) outage earlier today caused widespread internet disruptions, hitting several major platformsincluding Coinbase. The crypto exchanges premium trading platform, Coinbase Advanced, faced intermittent connectivity issues for more than two hours. Although Coinbases status page suggests services have stabilized, core functions remain affected, and engineers have yet to declare the issue fully resolved. The AWS disruption exposed Coinbases reliance on centralized infrastructure. While the company has promoted Base, its Layer 2 blockchain, as a step toward...