Galaxy’s $460M share deal includes $325M company funding
Galaxy announced a share purchase split between new company shares and executive holdings. The transaction remained subject to closing conditions.
Tech News — Page 13
Blockchain engineering, security, scaling, AI and the technology behind digital finance.
Monero’s ‘Fluorine Fermi’ Update Targets Spy Nodes to Strengthen Network Privacy
Monero’s new Fluorine Fermi update introduces advanced anti-spy node protections and improved peer selection to enhance privacy and security. The upgrade reaffirms Monero’s mission to protect user anonymity amid rising surveillance efforts by blockchain analytics firms.
Uganda Launches CBDC Pilot Backed by Treasury Bonds as Kenya’s Crypto Bill Nears Final Approval
Uganda has launched a CBDC pilot backed by treasury bonds as part of a $5.5B tokenization initiative, while Kenya’s crypto bill nears final approval. The twin developments position East Africa as a growing hub for regulated digital finance and blockchain innovation.
Citi Ventures invests in stablecoin infrastructure firm BVNK
Citi Ventures confirmed its BVNK investment on October 9, 2025, citing infrastructure for moving between stablecoins and traditional payment systems.
Square Rolls Out Bitcoin Payments for US Merchants, Waives Fees Through 2026
Square has launched a new Bitcoin payment option for U.S. merchants, letting them accept and hold BTC with zero fees through 2026. The move aligns with Jack Dorsey’s Bitcoin-focused vision and comes amid renewed growth in crypto-based payments and AI-driven financial innovation.
Breez Launches ‘Time2Build’ to Accelerate Real-World Bitcoin Lightning Network Integration
Breez’s Time2Build initiative rewards developers for integrating Bitcoin Lightning features into open-source apps. Backed by partners like Tether and Lightspark, it aims to drive sustainable adoption of Lightning payments — positioning Bitcoin as a faster, global settlement network.
S&P Global Launches ‘Digital Markets 50 Index’ to Track Leading Cryptos and Blockchain Stocks
S&P Global has launched the Digital Markets 50 Index, tracking 15 major cryptocurrencies and 35 blockchain-focused stocks. Partnering with Dinari, S&P also plans a tokenized version by 2025, marking a major step toward merging traditional finance with the digital asset economy.
Rezolve AI Acquires Smartpay, Expanding $1B Stablecoin Payment Network Across Latin America and Africa
Rezolve AI has acquired Smartpay, a fintech platform processing $1B in annual USDt payments, to expand its AI-driven blockchain payment network across Latin America and Africa. The deal strengthens Rezolve’s partnership with Tether and highlights the growing convergence of AI, payments, and crypto adoption worldwide.
BNY Mellon Tests Tokenized Deposits to Modernize $2.5 Trillion Daily Payments Network
BNY Mellon is exploring tokenized deposits to bring part of its $2.5 trillion daily payments flow onto blockchain rails, aiming for faster and more efficient settlements. The move aligns with a broader trend among global banks like JPMorgan and HSBC, which are piloting blockchain-based payment systems to modernize traditional finance.
Plume Network Secures SEC Approval as Transfer Agent, Bridging Wall Street and Blockchain
Plume Network has registered as an SEC-approved transfer agent, allowing it to manage and issue tokenized securities under U.S. law. The move strengthens its position as a bridge between Wall Street and Web3, signaling growing momentum for real-world asset tokenization amid increasing institutional interest.
Plume announces SEC transfer-agent registration
Plume said its transfer-agent registration would support records and administration for tokenized securities. Registration is not a token endorsement.
Elon Musk to Launch ‘Grokipedia,’ an AI-Powered Rival to Wikipedia in Two Weeks
Elon Musk’s AI company, xAI, is set to launch Grokipedia — an open-source alternative to Wikipedia — within two weeks. Designed to combat misinformation, the AI-powered platform aims to verify facts across multiple sources and rewrite them accurately. The move follows Musk’s long-standing criticism of Wikipedia’s editorial bias.
Unity patches flaw affecting apps built with its editor
Unity released fixes for CVE-2025-59489 on October 2, 2025. Its advisory did not establish that crypto wallets had been compromised.
AI Agents Could Become Key Liquidity Drivers for Stablecoins, Says Paxos Labs Co-Founder
Paxos Labs’ Bhau Kotecha says AI agents could transform stablecoin markets by routing liquidity to the most efficient issuers, turning fragmentation into an advantage. With stablecoins surpassing $300 billion and companies like Cloudflare and Coinbase exploring AI-powered payment solutions, AI agents may soon become the dominant force in stablecoin adoption.
Crypto Hack Losses Drop 37% in Q3, but Wallet Attacks and Exchange Breaches Surge
Crypto hack losses dropped 37% in Q3 to $509M, with code exploit incidents plunging. But September set a record for million-dollar hacks, led by exchange and wallet breaches, highlighting shifting attacker strategies and ongoing risks despite improved defenses.
OpenAI Hits $500B Valuation, Overtaking SpaceX and Leaving Crypto Giants in the Dust
OpenAI has reached a record $500 billion valuation, overtaking SpaceX to become the world’s largest startup. While crypto companies like Tether and Coinbase trail far behind, analysts see synergies between AI agents and stablecoins, with bots already driving the majority of stablecoin transactions. Yet, questions remain over the sustainability of AI’s energy needs as the sector scales at breakneck speed.
Melania Trump Promotes Memecoin as $10M Token Dump Allegations Cloud Project
Melania Trump has revived promotion of her Solana-based memecoin MELANIA with a new AI video, but the project remains under fire amid claims insiders sold $10M in community funds. The token is down 98% from its all-time high, with analysts questioning its transparency and long-term viability.
Pavel Durov: “I Funded My Lifestyle from Bitcoin, Not Telegram”
Telegram CEO Pavel Durov says he has relied on Bitcoin — not Telegram revenue — to finance his lifestyle, revealing he bought thousands of BTC in 2013. While predicting Bitcoin could hit $1 million, he also highlighted TON’s role in Telegram’s blockchain ecosystem despite regulatory hurdles.