Kinto Network is shutting down after a $1.55 million hack and failed recovery efforts, causing its token to drop over 80%. Founder Ramón Recuero will return some funds to affected users, but the project could not sustain operations.
AnaisSouth African company Altvest plans to raise $210 million to buy Bitcoin and rebrand as Africa Bitcoin Corp. The firm aims to hold Bitcoin as a core reserve asset and list on regional and international exchanges.
WeatherlyChristie’s has shut down its digital art division and let go of key staff, including its VP of digital. NFT sales will now be handled within its wider 20th and 21st Century Art category.
AnaisThe Solana trading bot project AquaBot disappeared with \$4.65 million in presale funds just before its token launch. Investors were left with losses as the token never listed, raising concerns over scams and influencer-backed projects on Solana.
WeatherlyA California man was jailed for more than four years for helping launder nearly \$37 million stolen in a global crypto scam. He was ordered to pay \$26.9 million in restitution, while eight co-conspirators have also admitted guilt.
AnaisAnt Group has linked over \$8 billion of energy assets, including wind turbines and solar panels, to its AntChain blockchain for monitoring and investment. The firm has already raised \$42 million for renewable projects through tokenization and is targeting institutional investors while exploring offshore trading and stablecoins.
WeatherlyOpenSea has launched a $1 million fund to buy culturally significant NFTs, starting with CryptoPunk #5273. The initiative aims to preserve digital art history while prioritising long-term cultural impact over short-term profits.
AnaisA Russian policymaker has proposed a state-run national crypto bank to centralise cryptocurrency trading, boost government revenue, and fight fraud. The plan would route all crypto activity through one institution, giving authorities oversight while offering miners a secure way to sell coins domestically.
WeatherlyTruth Social has introduced a new feature letting Patriot Package users earn Truth gems that can now be converted into Cronos (CRO) cryptocurrency. This update is part of the platform’s latest digital rewards rollout for premium subscribers.
AnaisThe SEC’s Crypto Task Force will hold a public roundtable on 17 October to discuss financial privacy and surveillance in digital finance. Experts will explore how new privacy tools can protect users while helping regulators prevent fraud and shape crypto rules.
Anais