Perp DEX Extended has named its token XTEN and shared the first allocation figures ahead of a launch planned for November 2026. Claiming is not open yet.

300M XTEN, or 30% of the 1B genesis supply, is reserved for eligible participants in the Extended Points programme.

Eligible users will receive the tokens in a self-hosted Arc wallet, with nothing to pay. The XTEN white paper was prepared under MiCA, has been notified to the competent EU authority and is expected on October 31, with full tokenomics to follow.

The team warned users about fake claim sites and direct messages, pointing to extended.exchange, @extendedapp and its Discord as the only official channels.

Initia, a layer 1 built to connect a network of app-specific rollups, is reportedly dealing with an exploit on its chain. An attacker infinite-minted several tokens and began selling them, with more funds still in flight.

The attacker has cashed out about $2.6M so far.

The root cause and the full list of affected tokens have not been confirmed yet. Infinite-mint bugs dilute holders of the minted assets and can drain liquidity pools that price them, so the final loss could grow while the stolen funds keep moving.

The joint venue from OKX and Intercontinental Exchange, owner of the New York Stock Exchange, filed to launch under the SEC's new innovation exemption. Under that framework, platforms must notify companies before listing tokenized versions of their shares and stop if the issuer objects. Six more companies, including Wells Fargo, Arm and Intuit, have now objected.

OKXICE planned to tokenize 63 stocks. Objections have now reached 22 issuers, about a third of the list.

Earlier objectors include Microsoft, Alphabet and Goldman Sachs, and the count has grown quickly over the past week. The issuer veto has become the main constraint on tokenized equity venues: 24/7 trading and fast settlement only work with a deep bench of liquid large-cap names.

Bitcoin Core, the software most of the bitcoin network runs on, used to keep medium and high severity flaws under embargo until two weeks after the last affected version reached end of life, which could mean about a year. Maintainers have now merged a change to the project's security policy that ends this for bugs an AI can easily rediscover.

During triage, Core can now flag a vulnerability as easy to discover, meaning one that can be found with a simple prompt to an LLM. Those fixes get backported to every supported version and shipped in a point release as soon as possible, together with a security advisory. Antoine Poinsot of Chaincode Labs, who wrote the change, pointed to a jump in reports driven by LLMs lowering the bar to find certain classes of issues.

In late July, a 16-developer volunteer group ran AI models across 390 bitcoin projects and logged 4,962 potential flaws, 85 of them critical.

The tradeoff is less testing: patches won't get as much "bake time" before reaching users. No bug has been flagged under the new rule yet.

The Solana wallet now lets verified US users trade Kalshi event contracts directly inside the Phantom app, covering politics, sports, the economy and crypto. Trades are funded with CASH stablecoins and require a linked Kalshi account with full KYC.

Market restrictions apply in Michigan, Nevada and Washington. Phantom says it is "confident and comfortable" launching while several states pursue Kalshi in court, including a Utah Attorney General suit filed on October 20 alleging illegal gambling operations.

The integration puts Kalshi markets in front of roughly 20 million Phantom users.

The core dispute is whether state gambling laws apply to CFTC-registered event contracts. Until courts settle it, access in some jurisdictions could shrink.

NovaTech collapsed in May 2023 after taking in more than $1B in crypto, largely from Haitian and other immigrant communities. New York's attorney general has now asked a court to order founders Cynthia and Eddy Petion to pay $1.3B in damages and disgorgement.

The request follows an August 2025 default judgment issued after the couple left the country. That judgment also banned both from the securities, commodities and crypto industries.

From August 2019 to April 2023, investors deposited over $1B in crypto with NovaTech, but less than $26M was ever traded on its platform.

Four top promoters (Martin Zizi, Frantz Ciceron, Ricardo Roy Sr. and James Corbett) settled separately, agreeing to pay nearly $6M for victims and accepting permanent industry bans. More than 11,000 New Yorkers invested in NovaTech and its predecessor AWS Mining.

Aave V4 now lets independent risk managers run their own Liquidity Hub on top of the protocol's codebase, and Sentora is the first curator to go live with three markets on Ethereum.

The RLUSD Yield and OUSD Yield markets let users borrow those stablecoins against USDe, PRIME, mWIN and PST. A separate Bluechip market offers RLUSD, PYUSD or OUSD loans against kBTC. The markets are accessible through Aave Pro.

Sentora has allocated more than $2 billion across onchain strategies and runs over 1,000 risk models per strategy.

Curated Hubs still sit under Aave governance: the DAO keeps ownership of the contracts, risk-increasing changes pass a 48-hour timelock, and new assets require governance review before listing.

South Korea is finalizing its stablecoin rules, and LG CNS, the IT services arm of LG Group, has signed a strategic partnership with Chainlink to expand the utility and distribution of Korean won stablecoins.

The deal brings Chainlink's oracle, cross-chain and data orchestration infrastructure into LG CNS's digital asset platform for Korean institutions. The two companies will also work together on technical standards for oracles, interoperability and cross-chain connectivity in the local market.

Korea's digital asset market is valued at $68 billion, with more than 11 million eligible users.

LG CNS is the lead contractor for Project Hangang, the Bank of Korea's digital currency initiative, whose first phase involved about 80,000 customers across seven Korean banks. The partnership gives Chainlink a direct route into the infrastructure Korean banks and institutions are building for tokenized money.

Core developers agreed on ACDE call #248 to pull the Glamsterdam activation on the Hoodi testnet, which had been scheduled for October 26 at epoch 132,352. The goal is to further investigate how EIP-8037 gas changes interact with existing mainnet smart contracts.

The rollback removes both the Amsterdam execution layer and Gloas consensus layer activations, plus a gas-limit schedule that would have lifted Hoodi's limit to 200M. Hoodi's chain history is not reverted, and the updated configuration contains no replacement epoch or timestamp.

Hoodi was the next test step before Glamsterdam reaches mainnet, and no mainnet date has been set.

Node and validator operators need to update execution and consensus clients before October 26. Besu 26.10.1, Nethermind 2.2.1 and Lodestar v1.50.1 already ship the revised config, while other clients will follow. No action is required from mainnet users or ETH holders.

Hong Kong's biggest lender has moved its HKD-backed stablecoin from naming to live use: HSBC RedCoin is now rolling out to PayMe users in phases, with every user expected to get access before the weekend. The token is issued under an HKMA stablecoin issuer license and is fully backed by segregated liquid assets.

The first phase covers peer-to-peer transfers and payments to merchants on PayMe. Users can activate a RedCoin wallet with no minimum balance, and merchants are settled on the same schedule as regular HKD payments. HSBC gave no target for circulation after an internal pilot with nearly 100 employees.

More than 3.3 million PayMe users are getting access to a bank-issued stablecoin.

By year-end, HSBC plans to connect RedCoin to its Hong Kong banking app so customers can subscribe instantly to tokenised money-market funds from HK$100 ($12.75). Gold tokens and third-party funds are slated to follow, along with wholesale use cases with selected partners.