After about two months of silence, wallets linked to the April Drift Protocol exploit deposited 25,700 ETH into the Tornado Cash mixer on Tuesday. The transfers landed in 100 ETH and 10 ETH batches, matching the mixer's fixed deposit pools.

The 71 tracked exploiter addresses still hold 81,454 ETH, worth roughly $198M.

This is the second laundering round after a 23,095 ETH (about $44.4M at the time) deposit on July 23 and 24. The April 1 attack drained $295.7M from Drift's Solana vaults and was attributed by Mandiant to UNC6862, a North Korean threat group.

Drift, now relaunched as Velocity, opened claims for its DFX recovery token on Oct. 1. The recovery pool held about 3.1M USDT against roughly 299.5M in verified losses, so early redemptions paid about a penny on the dollar.

The public comment window on the SEC's proposed Regulation Crypto Assets closed on October 20, with crypto firms and Wall Street groups pressing for changes. The file had drawn more than 100 submissions before the deadline.

Proposed in August, the rule would let issuers sell crypto assets tied to investment contracts without full registration: up to $5M over four years, or up to $75M in each 12-month period. It also adds a conditional safe harbor and preempts state registration for these offerings and later resales.

The Hyperliquid Policy Center backed adoption but asked for five fixes, including putting the airdrop analysis into the final rule text, clearing immediate secondary trading of exempt assets and folding recent token buyback guidance into the rules. The Alternative Investment Management Association (AIMA) and SIFMA also filed letters seeking revisions.

The final version will set the main US path for token sales, so how the SEC treats airdrops and secondary trading decides whether projects actually use it.

DefiLlama, the DeFi analytics platform, has partnered with Trueo to launch prediction markets that settle based on DefiLlama data. The markets are live on Trueo and embedded in DefiLlama dashboards at defillama.com/predictions.

Revenue markets let traders bet on the protocol revenue of Hyperliquid, Pump, Aero, Uniswap, Collector Crypt and Papertrade. Exploit markets cover the odds of total DeFi hacks, whether Aave or Morpho will be exploited this month, and the size of the largest hack on a weekly and monthly basis.

Other markets track onchain metrics such as Robinhood Chain RWA market cap and DEX volume, and whether Solana or Base ends the week with higher TVL. Exploit markets give users a way to hedge protocol risk using a data source the industry already relies on.

Bitcoin treasury company Strive (Nasdaq: ASST) has closed the initial public offering of its 15% Series A Perpetual SATS Preferred Stock, which begins trading on the Nasdaq Global Market under the ticker SATS on October 20.

The deal was upsized by 2 million shares to 7 million, priced at $90 per share against a $100 stated amount. SATS pays cumulative dividends at 15% per year, with the first payment expected on November 9 if declared by the board.

At closing, Strive set aside $22.50 per share as a dividend reserve, covering 18 months of payments.

SATS ranks above Strive's common stock but below its existing variable rate SATA preferred and any debt. The company uses bitcoin as the hurdle rate for deploying capital, and the new junior layer adds funding capacity for its treasury strategy.

Everything that moved crypto today, in one card.

Today's headliners: BlackRock, France, FINMA, CME Group, Mastercard, Microsoft, Bitget, Pump.fun, Mt. Gox, Coinbase

After a debut in Europe in September, OKX has brought its Shield account-takeover program to the United States. It reimburses users when an outside party hijacks their account and moves funds through phishing, malware or SIM-swap attacks.

Every eligible US customer gets up to $100,000 in protection with no subscription or activation fee. Caps rise to $250,000 for VIP 1-3 accounts and $500,000 for VIP 4 and above.

To qualify, users must enable a passkey, large withdrawal protection, web withdrawal blocking and transaction verification, while Shield scans linked devices for malware, rooting or jailbreaks. Cover stays active only while all of these safeguards remain on.

The terms describe Shield as a discretionary goodwill program, not insurance. Each person can get one approved claim per lifetime, claims must be filed within 72 hours, and payouts are made in stablecoins.

Mastercard is moving its machine payments program out of closed partner testing: at Cloudflare Connect, the company opened early developer access to Agent Pay for Machines, its protocol for payments made by AI agents.

Developers get buyer-side and seller-side APIs, a toolkit and a testing sandbox. The system supports cards, bank accounts and stablecoins, each with built-in spending controls, and was piloted with Cloudflare, Coinbase, Base, Ant International, BVNK and AIsa.

In the demo, one AI agent made nine separate payments to two merchants from a single pre-approved budget, running on Coinbase's x402 protocol.

Agent permissions and credentials are recorded on Polygon, Solana and Base. Mastercard still describes the effort as a pilot and plans to refine it on developer feedback before any wider commercial rollout.

A crypto license can take years to get. In 2026, exchanges stopped waiting: Kraken bought Bitnomial for up to $550M to get a full US derivatives stack.

Asia accounts for 4 of the 7 deals. SBI took bitbank in Japan for ¥46.7B and Coinhako in Singapore, Bybit now runs NOBI as Bybit Indonesia, and Bitget is buying GMO's licensed Thai exchange, pending Thai SEC approval. Robinhood closed two deals announced in 2025: MIAXdx in the US and WonderFi in Canada.

Non-exchange buyers are moving too: Mirae Asset took Korbit, IG took Independent Reserve, OKX took 19.6% of Coinone, and Naver's deal for Upbit's parent is pushed to March 2027.

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Dollar-pegged coins hold over 98% of the stablecoin market, and Korea's top five exchanges saw about $10.4 billion in net stablecoin outflows to offshore venues over 18 straight months. Injective now wants local-currency rails: it has signed an MoU with Korean custodian BDACS to make the KRW1 stablecoin the exclusive won-denominated settlement asset for RWAs and tokenization on its network.

The setup lets tokenized assets trade and settle directly in Korean won instead of routing through USD stablecoins. KRW1 minting and redemption stay limited to approved institutional partners and remain subject to regulatory approval.

Injective has processed more than $7.5B in RWA volume and issued over $1B in tokenized assets on its Layer 1.

BDACS, a registered Korean VASP, reported over 80B KRW in assets under custody in H1 2026. The deal lines up with Korea's Digital Asset Basic Act, which would create a framework for won stablecoins; the bill is in final government consultation, with parliament set to discuss it next month.

LayerZero has started the countdown to the Zero mainnet, the Layer 1 it first unveiled in February 2026 with a fall launch target. The network goes live on November 30 together with lzATLAS, its first application.

Zero launches with three zones: a general-purpose EVM environment, a privacy-focused payments zone and a trading zone. Validators on its beacon chain verify ZK proofs instead of re-executing transactions, which separates execution from verification.

Each zone is designed to scale to 2M TPS, at a network cost of about $0.0000001 per transaction.

lzATLAS is built on ATLAS, a market engine that combines matching, clearing, settlement and risk in one stack. The mainnet will initially focus on open markets, while institutions are reportedly testing lzATLAS for US equities and fixed income.