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Archax Turns To Chainlink Data Streams For Tokenised Treasury Collateral

TL;DR: Archax has adopted Chainlink Data Streams to supply pricing information for GOVY, its tokenised US Treasury product, as it develops collateral use cases.

Putting Treasury bills on a blockchain is only the beginning. If an institution wants to borrow against them or use them as margin in an automated market, the software also needs reliable, timely information about their value.

That is the gap Archax is addressing with Chainlink. The regulated digital asset platform said it has adopted Chainlink Data Streams for GOVY, its continuously rolling tokenised US Treasury product. The aim is to supply pricing data to support lending, treasury management and other on-chain collateral applications.

GOVY is designed to provide exposure to short-dated US government bills, with the underlying securities held in regulated custody. Archax describes features including transfers between approved wallets and subscriptions or redemptions using supported stablecoins.

Those details matter because a tokenised security still needs rules around custody, eligibility and price discovery. A faster oracle feed cannot remove credit, liquidity or operational risk, and a proposed DeFi integration still has to be approved by individual markets. What it can do is make the underlying asset’s price usable by programmable financial systems. That is a practical step towards institutions treating tokenised Treasuries as working collateral, not simply a digital certificate.

Written by the News Desk and edited by Samuel Rae.

Cardano Foundation Pushes Back On Expanding MiCA Rules To Protocol-Level DeFi

TL;DR: In a newly published explanation of its European consultation response, the Cardano Foundation argues for regulating activities and intermediaries rather than creating blanket rules for decentralised technology.

The Cardano Foundation has spelled out why it believes Europe’s next round of crypto policymaking should avoid treating every blockchain interaction as a regulated financial service. In an October 21 article, its legal team explained the positions it submitted to the European Commission’s MiCA review.

The response itself was filed on September 30, an important date distinction. The Foundation is not announcing that new laws were passed this week. It is describing the changes it wants policymakers to make as they assess decentralised finance, staking, lending, stablecoins and the practical limits of the existing regulation.

Its argument rests on function and control. An intermediary taking custody or exercising discretion over customer assets is doing something different from a person delegating ADA stake without surrendering custody, or software that simply provides access to a public network.

The Foundation also wants clearer treatment of hybrid tokens, overlaps with other European financial rules and cross-border legal issues. These are lobbying positions, not binding exemptions. The significance for Cardano is that staking and permissionless infrastructure sit near the centre of the EU debate over who, precisely, should face financial-services obligations.

Written by the News Desk and edited by Samuel Rae.

Fhenix Brings Encrypted Smart Contract Computing To Ethereum And Arbitrum

TL;DR: Fhenix says CoFHE is available on Ethereum and Arbitrum mainnets, giving approved applications a way to perform computations involving encrypted data.

A major weakness of public blockchain applications is that transparency is often the default, even where participants would prefer to keep commercial details private. Fhenix is trying to address that with CoFHE, its fully homomorphic encryption-powered computation system.

The company’s public developer information now describes CoFHE as live on Ethereum and Arbitrum mainnet. Applications can use its coprocessor to work with encrypted inputs instead of revealing every sensitive value to the wider network. That is relevant to private trading, financial positions and other cases where full public disclosure can be a drawback.

The important limitation is access. Fhenix says its early mainnet deployment uses an allowlist for contracts submitting CoFHE workloads, while open testnets remain available for experimentation. Its technical materials also distinguish research throughput measurements from results achieved in live production.

The development doesn’t magically make all Ethereum transactions private. It provides an additional tool to developers prepared to adopt encrypted computation and work within the initial deployment restrictions. If it proves practical under real workloads, confidential finance could move closer to established smart contract ecosystems rather than demanding a wholly separate chain.

Written by the News Desk and edited by Samuel Rae.

PancakeSwap Opens Vote To Cut CAKE Emissions By Around 69%

TL;DR: PancakeSwap’s ‘The Flip’ vote would boost liquidity providers‘ share of certain trading fees to 88% while cutting daily CAKE emissions to 7,000.

PancakeSwap holders are being asked to decide how much value should go to liquidity providers and how much new CAKE the protocol should continue issuing. Voting has opened on ‘The Flip’, a proposal first outlined to the community earlier in October.

Under the plan, liquidity providers on v3 and Infinity pools would keep 88% of swap fees, up from roughly two-thirds on many pools. The protocol’s remaining 12% fee share would go to its treasury. V2’s existing fee setup would not be changed by this part of the proposal.

The other major adjustment is on the emissions side: effective daily CAKE issuance would fall from 22,500 to 7,000, a reduction of approximately 69%. The remaining issuance is intended for PancakeSwap’s ecosystem growth fund, known as the Pantry.

Supporters will argue that paying liquidity more generously can improve trading depth and that cutting new token issuance may reduce dilution. The trade-off is how the treasury finances development and incentives over time. Nothing is final until the vote passes and code changes are rolled out. The proposed implementation would take place in phases from November, rather than changing every supported chain overnight.

Written by the News Desk and edited by Samuel Rae.

Zcash Developers Target November 5 For NU7 Upgrade And Faster Blocks

TL;DR: Zcash’s NU7 upgrade is targeted for early November, promising 25-second blocks, while final activation parameters still require implementation work.

Zcash developers are moving closer to a substantial change in the network’s basic rhythm. The NU7 schedule points to November 5 for mainnet activation, with the upgrade designed to shorten target block spacing from 75 seconds to 25 seconds.

That change could make multiple confirmations arrive much sooner than under the existing parameters. NU7 also includes the Network Sustainability Mechanism and changes affecting older transaction formats, including the retirement of legacy Sprout-related functionality.

But a date on a community roadmap is not the same thing as a completed activation. The development teams still have to lock down the mainnet height in software, finish releases and ensure the network’s operators are ready. The Zcash Foundation’s latest engineering notes describe syncing fixes and work on the Zebra node release needed for NU7.

For users, the visible effect should be quicker block confirmations once the change is actually live. For node operators and infrastructure providers, the near-term task is upgrading carefully enough to remain on the correct chain. Zcash’s privacy architecture is not being replaced wholesale; this is an engineering upgrade with real compatibility consequences.

Written by the News Desk and edited by Samuel Rae.

NGRAVE Details $2.56 Million Phishing Attack That Used Fake Wallet Alerts

TL;DR: NGRAVE says attackers hijacked a notification provider used by LIQUID, directing users to a fake recovery-page and stealing at least $2.56 million.

A convincing security notification became the entry point for a costly crypto phishing campaign. Hardware wallet maker NGRAVE says a third-party provider used to send LIQUID app alerts was compromised, allowing attackers to push a fake warning to customers on October 17.

The notification directed recipients to a website resembling NGRAVE’s own pages. People who entered their recovery phrase or Perfect Key handed the attacker the information needed to take their funds. In its October 19 incident report, NGRAVE said it had traced approximately $2.56 million taken from about 70 wallet addresses across four networks.

The company broke that total down into roughly $1.77 million in Bitcoin, $454,000 in XRP, $316,000 in Ethereum assets and $18,000 in Stellar. NGRAVE described the figure as a minimum while it continues examining affected accounts.

Crucially, this was not evidence that the ZERO hardware device’s cryptography had been cracked. The attacker exploited trust in an apparently legitimate software alert and then persuaded victims to reveal secrets. NGRAVE says it disabled the notification channel and replaced keys. The immediate advice for wallet holders is unchanged: a legitimate security alert should never require typing a recovery phrase into a website.

Written by the News Desk and edited by Samuel Rae.

Sui And Alibaba Cloud Want AI Agents Paying Their Own Cloud Bills In Stablecoins

TL;DR: Sui and Alibaba Cloud are working on an integration that would let AI agents pay for cloud services per request using stablecoins within budgets set by their owners. The collaboration was unveiled at Sui Basecamp and remains under development, with no public launch date yet.

The next stablecoin user may not be a person.

Sui and Alibaba Cloud are working on a payments model that would allow autonomous AI agents to pay for cloud resources one request at a time without asking a human to approve every transaction.

The collaboration was unveiled at Sui Basecamp in Singapore.

The concept connects Alibaba Cloud services with Sui Agent Payments, a framework in which the owner of an AI agent sets an on-chain budget and spending limits.

Once those rules are in place, the agent can make individual cloud or inference calls and settle the cost in stablecoins.

That turns the normal cloud billing model on its head.

Instead of a company receiving a monthly invoice for a pool of API and computing usage, each action can become its own programmable payment.

The user still controls the budget.

The agent controls spending inside that boundary.

That distinction is important because autonomous payments are one of the practical bottlenecks facing AI agents.

Software can already decide to call an API, order a task or request computing resources.

But if every action requires a human to enter card details or approve an invoice, the agent is not truly operating autonomously.

Stablecoins are particularly well suited to machine payments because they can move around the clock, settle programmatically and be divided into very small amounts.

Sui’s role is to provide the blockchain execution and payment logic around those transactions.

Alibaba Cloud brings the actual services an agent might need to purchase, including compute and other cloud resources.

The partnership is not a live commercial service yet.

No launch date, price schedule or first customer has been announced.

That makes it important not to confuse the demonstration with a finished product.

But the model is worth watching because it connects two technologies that have often been discussed separately.

AI agents need money.

Stablecoins need useful transactions.

A cloud service that can be purchased automatically creates a clear reason for an agent to hold and spend a digital dollar.

There are also obvious controls that need to work.

An autonomous agent with an unlimited wallet is a security nightmare.

Budget limits, permissions and transaction rules therefore become as important as the payment rail itself.

Sui Agent Payments is being designed around that idea, with owners defining the amount an agent is allowed to spend before it starts acting.

If the model eventually reaches production, the most interesting part may be how little the user thinks about blockchain.

A company gives software a budget.

The software buys the computing resources it needs.

Stablecoins settle the bill underneath.

That is much closer to infrastructure than speculation, and it may be where machine-to-machine crypto payments start to make sense.

Moscow Exchange Plans To Open Crypto Trading On December 1

TL;DR: Moscow Exchange plans to begin offering cryptocurrency trading from December 1 and says testing with professional market participants is already underway. Under Russia’s new framework, unqualified investors are expected to face limits on which assets they can buy and how much they can invest.

Russia‘s largest securities exchange is preparing to move from crypto derivatives into direct cryptocurrency trading.

Moscow Exchange plans to offer crypto transactions from December 1, according to senior managing director Boris Blokhin, who said the venue is already testing the service with professional market participants.

The planned launch follows a broader Russian regulatory framework that gives existing exchanges, brokers and asset managers a formal role in digital asset markets.

Moscow Exchange will use a partner digital depository for settlement, with market participants opening accounts through that infrastructure.

Blokhin said the exchange does not expect to need an additional permit or license for the launch beyond the framework already in place.

The service will not treat every investor equally.

Under the new rules, unqualified investors will be allowed to purchase a limited group of major crypto assets, including Bitcoin, Ethereum and USDT, and will face an annual investment cap through each intermediary.

Qualified investors will have broader access and will not be subject to the same amount limit.

That structure reflects Russia’s cautious approach to opening crypto markets.

The government is allowing investment and trading infrastructure to develop while maintaining tighter restrictions around ordinary consumers and the use of cryptocurrency for domestic payments.

Moscow Exchange has already gained experience with crypto-linked products.

The venue previously introduced perpetual futures tied to assets including Bitcoin and Ethereum.

Direct trading is a more significant step because it brings the underlying digital assets into established securities-market infrastructure rather than limiting investors to price exposure through derivatives.

It also gives Russia’s conventional financial institutions a stronger role.

Crypto trading in many countries developed around specialist exchanges that operated separately from banks and stock markets.

Russia is increasingly pushing the opposite model.

Existing regulated market institutions are being used as the rails through which digital assets can be bought, sold and recorded.

The exchange says testing began roughly a week ago and will continue ahead of the December launch.

That leaves time for settlement and operational systems to be tested before customers gain access.

There are still obvious questions.

Liquidity, available trading pairs, custody arrangements and the exact user experience will all determine whether investors actually migrate activity from existing crypto channels.

But Moscow Exchange brings something smaller venues cannot easily replicate: an established network of brokers, professional investors and financial institutions already connected to its market infrastructure.

If the December 1 launch goes ahead as planned, crypto trading in Russia will become considerably more integrated with the country’s traditional capital markets.

That is likely exactly what regulators want.

Turkish Banking Giant Yapı Kredi Builds Regulated Crypto Trading Business

TL;DR: Yapı Kredi Kripto has selected Integral’s digital-asset technology to power pricing, liquidity and risk management for its upcoming regulated crypto trading service in Türkiye. The launch comes as the country builds a formal licensing framework for digital-asset providers.

One of Türkiye’s biggest banking groups is preparing to put crypto trading inside regulated financial infrastructure.

Yapı Kredi Kripto, the digital-asset business associated with Yapı Kredi, has selected Integral to provide technology for its upcoming cryptocurrency trading operation.

Integral’s systems will support pricing, liquidity aggregation and risk management.

In practice, that means the crypto business will be able to connect to sources of market liquidity while managing customer execution and exposure through infrastructure designed for institutional trading.

The timing is important.

Türkiye is implementing a new regulatory framework for digital-asset service providers, creating a clearer route for established financial institutions to offer cryptocurrency products.

Yapı Kredi’s move illustrates what that transition can look like.

Instead of customers being forced to choose between a conventional bank and a standalone crypto exchange, banks themselves can begin building regulated digital-asset businesses.

Türkiye is an especially significant market for that model.

Crypto adoption in the country has long been driven partly by an appetite for alternative stores of value and active trading.

That produced a large customer base before much of the institutional structure now being built around the sector existed.

Regulation changes the competitive landscape.

Large banks enter the market with existing customer relationships, compliance systems and recognizable brands.

Crypto-native exchanges, meanwhile, bring years of product experience and a culture of 24/7 trading.

Yapı Kredi Kripto will need both institutional-grade infrastructure and a user experience capable of competing with established digital-asset platforms.

Integral’s role is focused on the infrastructure side.

The company specializes in electronic trading technology and liquidity connectivity, giving Yapı Kredi a way to build the execution layer without creating every component internally.

The partnership also highlights a broader pattern.

Bank adoption of crypto is increasingly moving away from experimental pilots and toward operational services.

Customers do not care whether a bank has published a blockchain research paper.

They care whether they can actually buy, sell and hold assets.

Yapı Kredi is now building toward that stage.

And in a market as crypto-active as Türkiye, the arrival of major banks could reshape who ultimately controls the relationship with digital-asset customers.

Russia Starts Licensing Crypto Exchanges And Custodians Under New Register

TL;DR: Russia’s new regulated crypto-market framework has moved into operation, with the Bank of Russia adding firms including VTB, Sberbank and several specialist operators to registers covering cryptocurrency exchanges and digital depositories. Domestic crypto payments remain restricted, but regulated trading and custody infrastructure is now taking shape.

Russia has begun turning its new cryptocurrency rules into an operating financial system.

The Bank of Russia’s framework for registering cryptocurrency exchanges and digital depositories took effect on October 5, and the regulator has begun admitting firms to the new market structure.

VTB has been added to the register of organizations permitted to exchange cryptocurrency.

The digital depository register includes major banks such as Sberbank and VTB alongside specialist infrastructure providers.

Other approved crypto-exchange operators include Zefir, Sistema Crypto and T-Invest Lab, according to information released around the register’s launch.

That represents a substantial shift in how Russia handles digital assets.

Crypto has not suddenly become unrestricted money inside the country.

The domestic prohibition on using cryptocurrency as payment for ordinary goods and services remains in place.

Instead, the new framework separates ownership and investment activity from the use of crypto as a parallel domestic currency.

Registered exchanges can provide regulated access to digital assets, while digital depositories handle services including recording and transferring crypto holdings and providing customers with access to wallet identifiers associated with their assets.

The involvement of major banks is particularly notable.

VTB has said it expects to begin opening crypto trading access through its investment business before expanding services further.

That gives the market a distinctly different shape from jurisdictions where crypto infrastructure developed almost entirely through independent exchanges.

In Russia, some of the country’s largest conventional financial institutions are moving directly into the regulated digital asset stack.

The Bank of Russia laid out the admission process in September, setting requirements for managers, documentation and ongoing registration.

Those rules formally came into force on October 5.

The result is not crypto liberalization in the conventional sense.

It is crypto being pulled into a state-supervised framework.

That distinction will matter for users and businesses.

A more formal system could give investors clearer custody and counterparty rules while simultaneously increasing regulatory visibility over where assets are held and how they move.

Russia has spent years balancing interest in digital assets against concerns around capital flows and monetary sovereignty.

Its new registers show where that balance is landing.

Crypto trading can exist.

But increasingly, Moscow wants to know exactly who is operating it.

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