Blockaid monitoring indicates that the WAX multichain bridge on the WAX network is under attack across WAX, Solana and Ethereum. The attacker withdrew mapped tokens on WAX without providing the corresponding assets. Bridge contracts on Solana and Ethereum nevertheless released corresponding tokens. The attacker moved approximately 52,986 USDC, 21,558 USDT, 840 DAI, 2.55 WETH and 0.11 WBTC through 5 transactions. The extent of the impact and whether losses continue to grow remain unconfirmed.

Bloomberg reported that Visa is in acquisition talks with Fireblocks at a valuation of approximately $2.5 billion. The reported talks remain unconfirmed. The negotiations' specific terms and progress have not been disclosed.

Bitcoin dropped to $82,000 during Asian trading after a breakout above $84,300 failed. Cryptocurrency trader JDK Analysis said long-position holders and spot buyers became trapped when the advance stalled. Market commentator Bull Theory said Asian stocks lost more than $600 billion amid weaker U.S. futures, Iran tensions, concerns about AI investments and higher oil prices. However, SoSoValue data showed U.S. spot Bitcoin ETFs attracted $528.40 million on October 21.

Ethereum researchers have proposed reducing transaction finality from about 16 minutes to roughly four, potentially lowering the cost of transfers between blockchains. Ben Edgington and fellow researchers filed the draft Wednesday. The proposal would give validators separate votes for block selection and finality, potentially allowing further speed improvements and an eventual move to quantum-resistant signatures. The design remains incomplete and has no activation date.

Global stocks declined on Thursday after earnings from major technology companies unsettled investors. Concern about renewed Middle East fighting pushed Brent crude up 3% to about $112 a barrel, the highest price since May. West Texas Intermediate crude climbed to nearly $100 a barrel. AAA put the average U.S. gasoline price on Thursday at $4.27 a gallon, a 43% increase since the war began.

Blockchain travel platform Travala announced an AVA Buyback Multiplier mechanism that adjusts matching purchases according to monthly AVA rebate rewards received by AVA Smart members. Monthly rewards of $250,000 trigger a 3x matching buyback by Travala, bringing combined purchases by Travala and the foundation to 4x member rewards. Travala's matching multiplier remains 1x when monthly rewards fall below $100,000. Travala said purchased tokens are permanently locked in the AVA Strategic Reserve multisig wallet, with a commitment against sales or transfers.

SoFi launched SoFi Earn (SOFIE), a tokenized deposit offering a 4.40% annual percentage yield. Each token represents $1 deposited at SoFi Bank, with Federal Deposit Insurance Corporation insurance up to applicable limits. Members can exchange SOFIE one-to-one for SoFiUSD to buy crypto through SoFi's app or transfer dollars over blockchains around the clock. SoFi calls SOFIE the first consumer tokenized deposit issued by a national bank.

Qubic's recovery rules can require owners of vulnerable wallets to obtain approval before regaining access, even when no funds were stolen. An attacker can reproduce weakly generated wallet secrets, so a valid signature alone does not establish ownership. Applicants must submit ownership evidence and a secure replacement destination for review and collective authorization. Approved addresses and amounts receive a seven-day public listing before payout, while unresolved competing claims stay frozen in escrow. The claim window closes on May 1, 2027.

Strategy spent a record $193.1 million repurchasing STRC last week at an average price of $99.60 per share. However, Strategy had told investors that repurchases would decrease as STRC approached its $100 par value. The same SEC filing increased Strategy's STRC buyback authorization from $2 billion to $3 billion. Since July, Strategy has spent $1.84 billion on STRC repurchases, funded almost entirely through common shareholders who experienced dilution.

Dune has launched real-time market data feeds covering more than 200 onchain venues across 12 networks. Dune said the spot feeds deliver trade data about one second after execution. Dune said the perpetuals feeds will cover Hyperliquid and Lighter. The launch comes as Dune seeks to benefit from increasing interest in tokenization and onchain trading.

SoFi Technologies has introduced SoFi Earn (SOFIE), a tokenized deposit offering a 4.4% annual percentage yield and Federal Deposit Insurance Corporation coverage. SoFi said members can convert SOFIE into SoFiUSD at a 1:1 rate to purchase cryptocurrencies or send funds to supported external wallets at any time. SOFIE earns interest until conversion, with deposit insurance subject to applicable limits. However, SoFiUSD is a stablecoin without FDIC deposit insurance. SoFi expects to complete the rollout to SoFi's crypto members in November.

CoinDCX said a failure in sweeping funds from expired deposit addresses caused operational losses that the exchange will cover. CoinDCX said the failure was discovered this morning and all affected users' accounts have been credited. The exchange said user funds remain safe and active addresses are unaffected. CoinDCX and all trading activities are operating normally.

Business Insider reported that Fireworks AI is holding preliminary funding talks with a target valuation of $30 billion to $40 billion. The discussions remain at an early stage, and the valuation target could change. Fireworks AI declined to comment. In July 2026, Fireworks AI announced a $1.505 billion Series D at a $17.5 billion valuation and said annualized revenue exceeded $1 billion.

JPMorgan more than doubled its SpaceX price target to $500 from $240, while maintaining an Overweight rating, Yahoo Finance reported. JPMorgan forecasts $254 billion in revenue for 2027 and 10 gigawatts of compute capacity by the end of 2027. SpaceX shares gained 8.10% in premarket trading. Analyst Doug Anmuth cautioned that SpaceX must expand compute capacity, raise substantial capital and sustain strong demand.

The Central Bank of Ireland fined Coinbase's Irish subsidiary €3.25 million (approximately $3.6 million) over weaknesses in outsourcing governance and customer fund safeguarding. The regulator said the subsidiary depended too heavily on the U.S. Coinbase group to carry out safeguarding processes. The regulator also linked extended funding shortfalls in designated safeguarding accounts to system design flaws and inadequate testing of controls.

The Central Bank of Ireland imposed a €3.25 million fine on Coinbase Group's Irish arm over alleged internal-process weaknesses. The bank said the weaknesses led to breaches of safeguarding obligations.

CoinDCX denied a fresh security breach after analysts flagged suspicious transfers totaling about $16 million. CoinDCX said the affected wallets were compromised in July 2025 and had remained unused by the exchange since then. Blockchain investigator ZachXBT disputed that account, saying a liquidity provider continued using a CoinDCX deposit address for 10 months after the incident. CoinDCX CEO Sumit Gupta said the exchange was investigating further and assured users that no user funds would be lost.

ANSA reported on Wednesday that Italian police arrested 30 people over an alleged underground bank for organized crime and seized €21 million (about $23.6 million). Police say the network operated from a car-rental business near Milan and transferred money abroad and into cryptocurrency. Prosecutors say the network generated more than €110 million in fraudulent invoices and transferred about €68 million abroad. Authorities took 16 suspects into custody and placed 14 under house arrest, with arrests also made in Spain and Switzerland.

Bitcoin dropped nearly 3% on Thursday after a failed attempt to rise above resistance near $85,000. Bitcoin returned to around $81,500 after Tesla reported Q3 capital expenditure of $4.73 billion, below the projected $7.96 billion. Bitcoin's rejection at a descending resistance trend line preserved a pattern of lower highs. CoinGlass figures showed crypto open interest reached $55.95 billion late Tuesday, increasing the market's vulnerability to cascading liquidations.

Crypto traders are valuing Jio Platforms at about $110 billion as the company begins India's largest IPO, with a three-day public subscription period. Bitget's JIOUSDT perpetual contract traded near $12 on Thursday, compared with the company's maximum IPO bid price of 1,119 rupees ($11.79) per share. The expected post-sale share count implies an official maximum valuation of around 10.3 trillion rupees ($106 billion). The contract offers leveraged price exposure without shares, voting rights or dividends. The contract could experience sharp price changes if the IPO faces a delay, repricing or cancellation.