News
Weekly crypto market overview and project updates
Bitcoin slipped 0.6% while Ethereum fell 2.08% as total crypto market cap dropped to $2.74 trillion. Major regulatory moves include the OCC final rule for the GENIUS Act (effective Jan 18 2027), the SEC’s Regulation Crypto Assets comment period ending, and the EBA naming Circle’s USDC as the EU’s first significant stablecoin under MiCA. Project news: Solana’s Alpenglow upgrade reduces finality to 150 ms; Qubic froze its chain after a 1,404‑wallet exploit affecting 2.94 T QU; Kinetiq plans an Elysium L2 launch on Nov 9; Sophon chain will wind down by end‑Nov; Mt. Gox repayment deadline pushed to Oct 31 2027. Fundraises: Fission $10 M Series A, Mural $15 M Series A, Dataline $10.6 M seed, Erebor $30 M from Robinhood Ventures.