U.S. spot Bitcoin ETFs recorded net outflows of $679 million for the week, reversing the prior week's inflows and leaving the two-week combined flow total in negative territory.
Withdrawals concentrated on Oct. 7–8 drove a $920 million swing compared to the preceding week's figures.
🔐 Ledger Finds Hardware Implant in Crypto Theft Probe
Ledger has confirmed the discovery of an unauthorized hardware implant inside a crypto wallet connected to its ongoing theft investigation, pointing to a sophisticated supply-chain attack.
The company said the incident appears to be isolated to a single reseller and its Southeast Asian market. Losses linked to the investigation may exceed $86 million.
Supply-chain attacks — where hardware is tampered with before reaching end users — represent one of the most difficult security threats to detect, as compromised devices can appear fully functional while exposing user funds.
🪙 DTCC CTO says new system could unlock $52 trillion in assets
Dan Doney, Chief Technology Officer of the Depository Trust & Clearing Corporation (DTCC), has highlighted the potential of a new system to unlock $52 trillion in assets — a development with significant implications for tokenization and crypto infrastructure.
The DTCC processes the vast majority of securities transactions in the United States, making any shift in its infrastructure relevant to both traditional finance and blockchain-based asset settlement. Doney's comments point to the system's capacity to bring a substantial portion of capital markets assets into a more accessible or digitized framework.
No further technical details or timeline were provided in the statement.
🔐 CryptoBilis-linked wallet routes 464 ETH to Tornado Cash
A wallet connected to the CryptoBilis thefts has moved 464 ETH through Tornado Cash, according to Ethereum on-chain records.
The funds were routed via an intermediary address and four deposit wallets before reaching the mixer. The source wallet reportedly retained approximately 700 ETH following the transfer.
Tornado Cash remains a common tool for obfuscating on-chain fund flows in crypto theft cases, complicating tracing efforts by investigators.
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💰 XRP Ledger patches decade-old bug that could mint unlimited XRP
The XRP Ledger has disclosed and patched a critical vulnerability dating to 2015 that could have allowed attackers to create spendable XRP beyond the network's fixed supply — effectively minting new coins out of thin air for just a few hundred XRP in reserves.
The flaw resided in the payment engine code handling settlements across XRPL's built-in decentralized exchange. Researchers demonstrated that a payment could generate spendable XRP without the sender actually funding it. The bug was fixed in xrpld software and an emergency release was issued. A second vulnerability, affecting the network's Batch transaction feature, could have disrupted transaction validation.
Both flaws were officially disclosed on October 9, 2026. Neither appears to have been exploited before the patch. The fixes were applied without a hard fork, and the network continued operating normally throughout.
🟠 Bain Capital Leads $37.5M Round in Bitcoin Life Insurer
Meanwhile, a life insurance company licensed to operate entirely in Bitcoin, has raised $37.5 million in a new funding round led by Bain Capital Crypto. The raise brings the firm's total capital raised to over $180 million.
Meanwhile offers Bitcoin-denominated life insurance products, positioning itself at the intersection of traditional financial services and the Bitcoin ecosystem. The funding round was announced on October 8.
The investment reflects continued institutional interest in Bitcoin-native financial infrastructure beyond trading and custody.