Crypto

Layer-1 blockchain Sui is launching Hashi, an institutional protocol allowing holders to use bitcoin as collateral without moving it off the Bitcoin network. Bitcoin BTC$82,538.08-backed finance is about to get a massive, well-funded liquidity boost. Layer-1 blockchain Sui is set to launch Hashi, a new institutional network that allows holders to use Bitcoin as collateral for lending without moving it off the Bitcoin ledger. The mainnet is slated to roll.

Crypto

The network is completing a seven-week push to produce blocks twice as frequently, though validators face higher costs and tighter operating windows. Solana is preparing to cut the time between blocks to 200 milliseconds on Friday, completing a series of upgrades that has halved the network's target block production time since August. The final reduction, from 250 milliseconds, is scheduled to take effect at epoch 1053, expected around 15:00 UTC,.

Crypto

The feature lets businesses give separate accounts limited powers such as approving customers or making payments, while keeping the keys that control their main holdings offline. The XRP Ledger switched on a feature late Thursday that lets an account owner give another account permission to do specific jobs without handing over the keys that control the account. The feature, called PermissionDelegationV1_1, activated on Oct. 8, according to monitoring site XRPL.

Crypto

About $356 million in ETH positions were liquidated over 24 hours, more than bitcoin despite ether’s market value being less than a fifth as large. A late-Thursday slide in crypto hit ether traders hardest, with about $356 million in ether liquidations over 24 hours. Bitcoin positions saw $298 million, even though bitcoin’s market value is more than five times ether’s. A liquidation happens when a trader borrows to make a.

Crypto

Bitcoin rebounded to $82,000 as Trump ruled out an Iran strike before the midterms, while crypto security experts pushed back on “bunker mode” fears. Bitcoin rebounded to $82,000 on Friday as the broader crypto market recovered from late-Thursday lows, with President Donald Trump’s comments easing fears of an imminent U.S. strike on Iran. Trump said the U.S. would not attack Iran before the Nov. 3 midterm elections. “We will not.

Crypto

As Democrats steadily rise in their potential to take back a Senate majority, Senator Richard Blumenthal is digging into Tether's U.S. financial partnership. The top Democrat on the Senate Permanent Subcommittee on Investigations, Richard Blumenthal, is demanding answers about the ties between Cantor Fitzgerald and the worldwide leader in stablecoins, Tether. If Democratic momentum continues into the November election, he and his colleagues may soon have more authority behind such.