Latest News

Cointelegraph.com News Cointelegraph covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

  • Hunter Biden confirms LAPTOP token ‘not a rug pull,’ just trolling Trumps
    by Turner Wright on October 7, 2026 at 6:00 pm

    “Trump’s coin was max extraction, and I wanted to troll every grift like it,“ said Hunter Biden in a breakdown of the memecoin launch and fallout.Hunter Biden, son of former US President Joe Biden, released a full accounting of the memecoin he helped launch last month based on the reports of his infamous laptop.In a series of X posts on Wednesday, Biden provided blockchain data confirming that 300 million tokens in wallets associated with the founders of the $LAPTOP memecoin “haven’t moved since launch.” Biden added that charts tracking the price of the memecoin “looked like every celebrity rug ever” shortly after launch on Sept. 9, and the ones to benefit most were unnamed market makers — referred to as “two professional trading firms” hired by the project — that pulled their funds seconds after the peak price of about $317. Read more

  • Sui tunnels hit 40.6M TPS in live AI agent test
    by Nate Kostar on October 7, 2026 at 5:46 pm

    The layer-1 blockchain said its programmable offchain tunnels reached the milestone during a live stress test designed to simulate high-frequency activity between AI agents.Sui’s programmable offchain tunnels reached 40.6 million transactions per second in a live test designed to simulate high-frequency activity between AI agents.Sui said its programmable offchain tunnels processed more than 40 million transactions per second during a live stress test, surpassing a previous record set in July. The test, conducted Wednesday at Sui Basecamp in Singapore, peaked at 40,614,180 TPS, up from about 6.1 million TPS in a similar test in July.The transactions were processed offchain through Sui tunnels, programmable channels that settle to the Sui blockchain when closed. More than 10,000 tunnels were opened on Sui mainnet during the test, with activity spanning payments, games and chat applications.Read more

  • Tether, Kazakhstan cenbank mull tenge stablecoin and asset tokenization
    by Nate Kostar on October 7, 2026 at 4:25 pm

    The agreement will explore a tenge-backed stablecoin pilot and a framework for tokenizing real-world assets as Kazakhstan expands its digital asset industry.Tether has signed an agreement with Kazakhstan’s central bank and the Alatau City Authority to explore a tenge-pegged stablecoin and the tokenization of real-world assets.Under the memorandum of understanding, the parties will study international stablecoin issuance models, identify potential use cases and develop a proposal for a tenge-backed stablecoin pilot, according to Tether.The agreement also calls for the development of an asset tokenization framework, including identifying assets for potential tokenization and launching a pilot project in Alatau that could use Tether’s Hadron platform.Read more

  • House Finance panel chair says regulator actions on crypto ‘fall short’ of CLARITY bill
    by Turner Wright on October 7, 2026 at 4:06 pm

    Representative French Hill hopes lawmakers could pass a cryptocurrency market structure bill before the next session of Congress in 2027 as SEC and CFTC actions weren’t sufficientRepresentative French Hill, who chairs the House Financial Services Committee, said that though US financial regulators were moving forward with addressing digital assets, their actions lacked the long-term stability of legislation from Congress. In a Wednesday Fox Business interview, the Arkansas lawmaker said the US Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) had taken steps to address crypto regulations after the US Senate failed to pass the Digital Asset Market Clarity (CLARITY) Act last month. Both financial agencies have proposed rulemaking to handle different aspects of overseeing and enforcing crypto regulations, but Hill said their response following the failed CLARITY vote “[fell] short” of legislative solutions.“I still have hope […] that we can get [CLARITY] passed in the lame duck session of Congress,” said Hill. “We need that permanent law change to make sure America is number one in digital assets and blockchain technology.”Read more

  • Coinbase brings global crypto derivatives liquidity to US with Deribit integration
    by Sam Bourgi on October 7, 2026 at 3:36 pm

    US institutions will gain access to Deribit’s options and perpetual futures through Coinbase, with US retail options expected later this year.Coinbase has completed its integration of derivatives exchange Deribit, opening a regulated route for eligible US customers to global crypto derivatives markets that have historically operated beyond their reach.The exchange announced Wednesday that the integration combines its international derivatives business with Deribit while allowing eligible US customers to access that liquidity through Coinbase Financial Markets, its derivatives unit regulated by the Commodity Futures Trading Commission (CFTC). Coinbase International Exchange balances and positions were migrated to Deribit on Oct. 1.Crypto derivatives account for roughly 80% of global crypto trading volume, according to Coinbase, but US traders have historically lacked a regulated path to the deeper options and perpetual futures markets available offshore. This began to change in May, when the CFTC issued guidance allowing Coinbase Financial Markets to connect US clients to global derivatives markets.Read more