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Ethereum Exit Queue Eases to 767,000 ETH After MetaMask Validator Exits
Blockchains

Ethereum Exit Queue Eases to 767,000 ETH After MetaMask Validator Exits

Nearly 1.44 million ETH is waiting to begin staking, down 31% from Sept. 1 but still facing a roughly 25-day delay.
Flying Tulip’s NFT Options Market Tops $5 Million in Volume, Cronje Says
DeFi

Flying Tulip’s NFT Options Market Tops $5 Million in Volume, Cronje Says

Buying an ftPUT NFT transfers its remaining FT tokens and redemption rights, while spot FT purchases carry no such protection.
Base Vault Drained of About $6 Million in Aave Deposit Tokens
Hacks

Base Vault Drained of About $6 Million in Aave Deposit Tokens

Six outflows followed a borrower-whitelist change. The proceeds were redeemed for wstETH, with some later entering bridge withdrawals toward Ethereum.
Compound Votes on Giving Governance Power to Cancel Treasury Operations
DeFi

Compound Votes on Giving Governance Power to Cancel Treasury Operations

Proposal 612 would extend treasury delays from two days to ten, while a wallet linked to Humpy has cast 1.75 million COMP votes in support.
ZachXBT Posed as a Client to Infiltrate Chinese Syndicate Laundering Bybit Hack Funds
Hacks

ZachXBT Posed as a Client to Infiltrate Chinese Syndicate Laundering Bybit Hack Funds

The investigator says he fronted 349,700 USDC and lost 5% on every order to a broker who told him in advance where North Korea's stolen funds were going next
OKX-ICE Plans Tokenized Stock Trading Through a Uniswap v4 Hook
DeFi

OKX-ICE Plans Tokenized Stock Trading Through a Uniswap v4 Hook

The venue would restrict trading and liquidity provision to approved wallets on X Layer, with no current support for aggregators.
SEC Clears 3x Bitcoin and Ether ETPs for Cboe Listing
TradFi & Fintech

SEC Clears 3x Bitcoin and Ether ETPs for Cboe Listing

Proposed tickers BITH and ETHK would use futures and reset leverage daily, exposing longer-term holders to compounding losses.
CFTC Seeks Comment on Crypto Rulebook That Leaves Spot Exchanges to the States
Regulation & Politics

CFTC Seeks Comment on Crypto Rulebook That Leaves Spot Exchanges to the States

The Commodity Futures Trading Commission published an Advanced Notice of Proposed Rulemaking covering retail crypto trading on margin, leverage or financing, and a new exchange registration category built for it. Chairman Michael Selig called it a federal option rather than a mandate. The notice would also codify delivery to a user's own non-custodial wallet within 28 days as an exception to on-exchange trading
Treasury Drops Crypto Wallet Surveillance Rules
Regulation & Politics

Treasury Drops Crypto Wallet Surveillance Rules

FinCEN withdrew the 2020 unhosted wallet reporting proposal and its 2023 finding that crypto mixing is a primary money laundering concern. The agency said it will keep monitoring mixers and may act again
Tim Draper's Firm Leads Strategic Round In Bitcoin Wallet Xverse
DeFi

Tim Draper's Firm Leads Strategic Round In Bitcoin Wallet Xverse

Trust Machines and Draper Dragon joined the round. Terms were not disclosed, and Xverse has not said what it raised or at what valuation.