Crypto

Britain said the crypto platforms and two payment services may have helped Russia evade financial sanctions, with two handling transactions involving the Kremlin-backed A7 network. The U.K. sanctioned three cryptocurrency exchanges on Thursday as part of a package that includes 38 new designations aimed at financial networks it suspects are helping Russia evade sanctions. The Foreign Office named Xeltox Enterprises, the Canadian-registered company behind crypto exchanges Cryptomus, Heleket and Certa.

Crypto

A man from Virginia, who facilitated millions of drug transactions worth roughly $430 million, agreed to give up $100 million worth of BTC. His partner forfeited nearly 1,600 BTC. A co-creator of dark web drug enterprise Empire Market agreed to forfeit 1,230 bitcoin ($101 million), after receiving a 40-year federal prison sentence for his role in operating the site. Raheim Hamilton, 30, of Suffolk, Virginia, also agreed to forfeit 24.4.

Crypto

The bitcoin miner’s transfer does not confirm a sale, but comes as its treasury has fallen from 53,822 BTC in February to 35,577 BTC in August. Bitcoin miner MARA Holdings MARA transferred approximately 996 BTC ($81.13 million) to an address identified as belonging to Galaxy Digital, according to data tracked by Lookonchain. While the coins were moved, the transfer alone does not confirm that Galaxy Digital GLXY executed a sale.

Crypto

Bitcoin ETFs lost $244 million on Thursday and the ZEC fund extended a run of October outflows. Bitcoin is back near $82,000 after a $1 billion liquidation. Bitcoin ETFs lost $244 million on Thursday and the ZEC fund extended a run of October outflows. Bitcoin is back near $82,000 after a $1 billion liquidation. Our reporters are gathering details. Updates will appear here as the story develops. As stablecoins move.

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,.