Ledger CEO Pascal Gauthier has argued that the cryptocurrency industry should stop treating security as a problem that can be solved by burdening users with more responsibilities. He has stated that “total safety” does not actually exist. Currencies s design should be taken on their word, ours included,” he wrote. Therefore, security should be viewed as an ongoing process of testing and improvement.
Binance responded to a 2025 request from Russian investigators for the transaction history of Yuri Belenkiy, a Russian IT specialist, supplying identity data that was folded into an interim case outline sent to the offices of Russias prosecutor-general, according to law-enforcement documents reviewed by Reuters. Russias Investigative Committee alleged in an Oct. 13, 2025, statement that Belenkiy sent more than $700 between January 2023 and March 2024 to Ukrainian military-linked organizations, including a group known at different times as the Azov Brigade or Azov Regiment, which Moscow designates as a terrorist organization. EXCLUSIVE: Binance gave Moscow client details used to charge Russian over Ukraine donations, documents show This is not simply a routine law-enforcement data request. It is evidence that Binance retained an operational channel with Russian authorities two years after declaring a full exit from the Russian market, and that the exchanges compliance apparatus supplied data used to prosecute a donor to Ukraine crypto donations campaigns, Moscow treats as terrorism financing. DISCOVER: Best Meme Coins to Buy in 2026 Binance Russia Exit and the Documents Reuters Reviewed Binance announced in a statement carried by The Straits Times on Oct. 4, 2023, that it was making a “full exit” from Russia, with chief compliance officer
In briefStripe finalized an agreement to acquire OpenRouter for more than $7 billion.OpenRouter routes traffic from around 8 million developers to more than 400 AI models and takes about 5% on the inference spend passing through it.Stripe already processed OpenRouters payments, so the deal folds AI metering and AI billing into a single pipeline it owns end to end. Stripe has finalized an agreement to buy OpenRouter for more than $7 billion, according to Bloomberg, three months after the AI routing startup raised $113 million at a reported $1.3 billion valuation. The Wall Street Journal reported talks last month at a figure closer to $10 billion, so somebody negotiated. OpenRouters annualized revenue was around $50 million in March, per Sacra estimates. That puts the deal somewhere near 50 times revenue, which is not a multiple anyone pays for cash flow. What Stripe is buying So what is Stripe, a company known for processing digital payments, actually buying？ Position. OpenRouter sits between roughly 8 million developers and more than 400 AI models, giving them one API key instead of a dozen separate integrations. It owns no GPUs, trains nothing, and takes about 5% of the value paid per overall usage. Stripe already handled OpenRouters invoicing and tax,
OpenAI has signed a 20-year lease for 4.25 gigawatts of initial AI capacity at an Ohio data center supported by up to $105 billion in guarantees from Nvidia. SummaryOpenAIs lease at the PORTS-Pike campus is expected to begin in phases in 2028.Nvidia has capped its initial guarantee obligations at a combined $105 billion.SB Energy will build, own, and operate the Pike County data center.Nvidia will invest $1.5 billion in SB Energy and provide the campuss AI systems. Nvidias Aug. 17 announcement said OpenAI will use the PORTS-Pike Technology Campus in Pike County, where SB Energy will build, own, and operate the infrastructure under the long-term lease. The chipmaker will serve as the campus‘s exclusive AI compute provider, supplying its DSX AI factory platform. OpenAI’s systems will use Nvidia GPUs, CPUs, and networking equipment, with the first capacity scheduled to become available in phases beginning in 2028. Built across private and federal land, the campus will occupy the former Portsmouth Gaseous Diffusion Plant and surrounding property in southern Ohio. SB Energy is developing the project with AEP Ohio, the U.S. Department of Energy, and the Department of Commerce. Nvidia has secured the land, power, and building shell required for an initial 4.25 gigawatts of IT load.
“DeFi is a remarkable innovation; however, it has achieved limited institutional adoption,” Schnarch said in a statement. “Current product offerings fall short of meeting the traditional finance bar, especially as it pertains to compliance and technical requirements.” The move is a logical response to the shift in DeFis user base, according to Ran Hammer, chief business officer at Orbs. “Retail participation is a fraction of what it was, and the chain has quietly become a venue for settlement, execution and interaction between financial institutions,” Hammer said. Since DeFi summer, the space has turned into something completely different, essentially a new financial layer for institutions. So bringing in leadership that speaks that language is exactly the right direction. The size of the allocated budget, the largest approved by Compounds decentralized autonomous organization (DAO), may help underline its commitment. “The $52 million and a bench with that much institutional experience is a serious move, and it should improve its execution,” said Himanshu Sahay, co-founder and chief technology officer of crypto lending firm Arch Lending, but institutions will want more than credentials. They “arent underwriting teams, theyre underwriting structures.”
Although Hyperliquid had its own share of the recent market volatility, trading in the red zone for several days during the last week, its institutional investors remained resilient throughout the period. Despite its weak price movements, recent data from Arkham Intelligence showed that the Hyperliquid ETFs maintained a full week of zero sell-offs. Hyperliquid recovers 16% The data provided by the source showed that Hyperliquid rapidly surged by over 16% from its weekend lows, thanks to the sustained demand from its ETFs even during such a weak period. Notably, the data showed that no Hyperliquid ETF sold HYPE last week, even though other crypto funds saw some outflows during the period. Crypto rewards platform Rather than selling, all the Hyperliquid funds either recorded net purchases or held firmly to their existing HYPE holdings, signalling continued institutional interest in the asset. Nonetheless, the consistent ETF demand seen over the last week has fueled a strong recovery for HYPE from the low price levels at which it traded during the weekend. HYPE recorded an increase of over 16% from its weekend lows. The rebound is attributed to renewed interest from its ETFs. Bitwise and Grayscale bought $2.8 million of HYPE While the Hyperliquid ETF market saw renewed momentum during the last week,
Quick TakeHarmony said nearly all of the forged ONE has been traced, but much of it cannot be safely burned.The exploit allowed the attacker to reuse transactions to create new ONE tokens. Harmony plans to roll back its blockchain to a point before last weeks exploit after concluding that more than 3 trillion of the blockchains native ONE tokens were forged. The Layer 1 blockchain said in its latest incident update that validators will roll back Shard 0 and Shard 1, the two chains that make up its sharded network, to just before the confirmed forged mint. All blocks and transactions after that point will be discarded. Harmony said that it considered alternatives, including a token burn, blacklisting affected wallets or even a ONE token (ONE) migration, but concluded that a rollback was the “fairest and most secure” option. “Of the options we studied, one fixed rollback window is the fairest and most secure,” Harmony said. “It applies one rule to everyone, removes the forged state, and carries the lowest risk of another attack or consensus failure.” 3 trillion forged ONE Harmony first confirmed the exploit on Aug. 12 after an unauthorized minting of ONE tokens was discovered. An independent researcher initially identified 4 billion tokens
However, the proposal notes, “Treasury believes that the Act evinces a clear intent for payment stablecoins to serve as an effective means of payment and settlement, including across borders, and application of traditional investment rules to payment stablecoins may frustrate that goal.” Mondays action is a follow-up to the Treasury advance notice of the rule, which it issued in September of last year on what was meant to be a tight timeline. The public and the growing industry of stablecoin issuers now have 60 days to weigh in with comments, and the department will be expected to take further months to review them before issuing a final rule. The proposed rule poses dozens of questions about the best approach to interpreting the law, each of which must be answered before the final sign-off. The industry will pay special attention to how it approaches foreign issuers, such as industry leader Tether. It set a deadline for responses in mid-October. The laws one-year target to have its rules implemented passed last month, without the administration meeting the requirement. The next mark is the effective date of the law, which is supposed to come by January 18. Its unlikely that all the rules will be finalized
BitMarts official Chinese-language X account has publicly demanded that founder Sheldon Xia explain the whereabouts of user funds and produce a repayment plan by Wednesday. The account said in a Monday post that some users remained unable to withdraw funds and that some employees had not received their final salary or compensation, while calling on Xia to disclose BitMarts wallets, assets, liabilities and available reserves, according to a machine translation of the post. The post said if Xia does not provide a verifiable asset disclosure and repayment plan by the deadline, it would continue to submit evidence to regulators, law enforcement, lawyers and the media. It was unclear who authored Monday‘s post or whether the account remained under the company’s control. Cointelegraph contacted BitMart for comment but did not immediately receive a response. BitMart announced on July 26 that it would wind down its exchange as its BMX token plunged and users reported withdrawal delays. The company said trading on the platform will end on Aug. 26 and operations will cease on Jan. 31. The exchange has stopped accepting new deposits and registrations as part of the shutdown and warned that some withdrawals could face additional compliance and security reviews. Related: BitMart withdrawals appear to slow
Harmony plans to roll back its blockchain to Aug. 11 following an exploit that created forged ONE tokens, discarding more than 109,000 transactions confirmed after its chosen checkpoint. The layer-1 network said Monday that validators would revert to blocks recorded at 11:25 pm UTC on Aug. 11. New blocks will be produced from the next heights using replacement databases. The discarded window includes 109,126 regular transactions and 315 staking transactions. Harmony said selectively restoring transactions was unsafe because balances, contract states, nonces and other conditions would differ on the replacement chain. Harmony was considering a rollback last week after reports that unauthorized ONE had been minted and sent to exchanges. It said Monday that investigators had traced nearly all of the forged ONE to wallets or service boundaries and were working with exchanges, bridges and law enforcement. At last look, the token had a market cap of roughly $10.8 million, according to Coingecko data. Harmonys plan puts it alongside Ravencoin among networks seeking to reverse already confirmed blockchain activity after an exploit. Ravencoin faced a potential three-day blockchain reorganization after a consensus flaw was exploited. Mining pools controlling most of Ravencoins hash rate began building a competing chain that could reverse previously confirmed transactions. Ravencoin recent price
