⚠️ UK banks draw 10,092 crypto complaints as payment limits face scrutiny ⭐️ British banks have faced 10,092 complaints over restrictions on cryptocurrency payments during a 90-day period, as customers question why some lenders block transfers to crypto platforms despite the government’s plans to attract digital asset businesses. 🌐 According to a report by advocacy group Stand With Crypto UK, 9,803 individuals used its online complaint tool between May and August 2026 to challenge blocked or restricted transfers. Submissions came from all 650 parliamentary constituencies, with Lloyds Banking Group, Barclays and NatWest receiving the largest numbers. Lloyds Banking Group accounted for 2,297 complaints, covering customers of Lloyds, Halifax and Bank of Scotland. Barclays followed with 1,569, while NatWest Group received 1,278. 🔔 Together, the three banking groups attracted 5,144 complaints, equivalent to approximately 51% of the total. HSBC UK received more than 1,000 submissions, according to the report. At the other end of the list, Virgin Money recorded 103 and the Co-operative Bank received 76.

⚠️ CoinDCX admits $15.99M loss days after denying hack claims 🔖 CoinDCX has confirmed losing 15.99 million USDT through compromised wallet infrastructure after initially rejecting claims that nearly $16 million had been stolen from the Indian cryptocurrency exchange. The exchange said a failure in its automated deposit-sweeping service allowed cryptocurrency to accumulate at an address that customers continued using despite instructions to switch to newer wallets. CoinDCX absorbed the resulting loss and maintained that customer balances and active trading systems were not affected. 📊 The admission follows several days of disagreement between CoinDCX executives and blockchain investigators over suspicious transactions involving wallets linked to the exchange. On October 22, CoinDCX CEO Sumit Gupta rejected suggestions of another security breach, saying the flagged addresses belonged to infrastructure compromised in July 2025. He maintained that no funds had moved from current operational wallets into the addresses under scrutiny. ⭐️ However, the company’s latest statement confirms that deposits continued arriving at those addresses and that its own systems were responsible for transferring them to secure wallets when the automated service functioned correctly. CoinDCX said it noticed unusual activity on October 21 but discovered irregular fund movements the following day through blockchain records and community reports.

➡️ Sophon to shut down mainnet on November 30, sets earlier withdrawal deadline ❗️ Sophon has given users until November 25, 2026, to withdraw assets from its blockchain before the network’s planned shutdown on November 30. Sophon confirmed the final timetable for closing its mainnet and warned that infrastructure and related websites would begin shutting down after November 25. Assets remaining on the network after the withdrawal deadline could become permanently inaccessible. 🔖 The announcement follows the project’s June decision to stop operating its own Ethereum layer-2 blockchain and concentrate on consumer finance and artificial intelligence applications on Base. Sophon instructed users to withdraw SOPH, ETH, USDC and any other assets still held on its blockchain before the deadline. ⭐️ The five-day gap between the withdrawal deadline and the final shutdown is important because users may lose access to essential services before the blockchain stops operating entirely. Sophon warned that key websites and network infrastructure would begin closing after November 25. It did not promise that withdrawals would remain possible until November 30. The project urged users to rely exclusively on official links and watch for fraudulent migration websites. Such sites may imitate legitimate withdrawal portals to trick users into connecting wallets or approving malicious transactions.