The European Union is reportedly weighing a one-year delay for enforcing transparency and compliance requirements under its landmark Artificial Intelligence Act. EU Reconsiders AI Act Timeline The European Union (EU) is reportedly preparing to delay parts of its Artificial Intelligence Act (AI Act) in response to growing pressure from U.S. officials and major technology companies. According to recent reports, the European Commission is drafting a âsimplification packageâ that could provide AI developers with a one-year grace period to meet compliance requirements. If approved at the Nov. 19 Commission meeting, the proposal would temporarily halt fines and enforcement for certain transparency…
Author: Blockto Team
In February 2025, hackers stole over $1.5 billion worth of Ether (ETH) from Bybit, marking one of the largest crypto thefts in history. The attack, allegedly carried out by North Koreaâs Lazarus Group, exploited a compromised SafeWallet developer machine, injecting malicious JavaScript into Bybitâs transaction process. The breach exposed a critical vulnerability in the crypto industryâs infrastructure, particularly in the systems supporting self-custodial wallets like SafeWallet. Though Safeâs smart contracts remained secure, the incident demonstrated how social engineering and hardware compromise can bypass even the most advanced defenses. Following the attack, SafeWallet CEO Rahul Rumalla called it a âreckoning momentâ…
While anticipation builds around a potential U.S.-listed Dogecoin ETF, market charts indicate sustained bearish pressure with traders eyeing crucial support near $0.15. Dogecoin ETF Momentum Faces Technical Headwinds Excitement is growing in the digital asset market as talks of a Dogecoin (DOGE) exchange-traded fund (ETF) gaining approval in the United States begin circulating. The move, if realized, would mark a significant milestone for meme-based cryptocurrencies, potentially bringing institutional exposure and regulated access to one of the marketâs most recognizable tokens. However, despite the optimism, technical indicators show a bearish market structure for DOGE in the short term. On the daily…
The Wall Street bank says Bitcoinâs decline below key technical levels may foreshadow equity softness, though easing liquidity pressures could reignite a year-end rebound. Bitcoinâs Decline Flags Risk for Equities Citi analysts are cautioning that Bitcoinâs recent weakness may be an early signal of vulnerability for global equity markets â particularly the Nasdaq 100. The bank noted that Bitcoinâs price has fallen below its 55-day moving average, a level historically associated with weaker risk-adjusted returns in U.S. stocks. âWhen Bitcoin trades above its 55-day average, the Nasdaqâs performance tends to improve significantly,â said the report led by Dirk Willer, Citiâs…
The Financial Services Agencyâs pilot with Mizuho, MUFG, and SMBC aims to establish a regulated framework for yen-backed stablecoins under Japanâs electronic payment laws. Japan Takes Major Step Toward Regulated Stablecoin Integration Japanâs Financial Services Agency (FSA) has formally announced its backing of a joint stablecoin pilot project involving the nationâs three largest banks â Mizuho Bank, MUFG, and SMBC â marking a major milestone in the countryâs digital payments evolution. The project, set to begin in November 2025, will test how multiple banking groups can jointly issue stablecoins legally classified as âelectronic payment instrumentsâ under Japanâs revised financial regulations.…
Despite a sharp price correction, analysts believe Etherâs current levels present a key accumulation zone as traders eye a year-end recovery toward $5,000. Ethereum Enters Prime Accumulation Zone Ethereum (ETH) may be on the verge of a major rebound, according to market analysts who describe the recent price drop as a potential âbear trap.â The worldâs second-largest cryptocurrency has fallen over 13% in the past week, dipping to $3,099 before recovering to around $3,247, as per recent market data. MichaĂ«l van de Poppe, founder of MN Trading Capital, said in a post that Etherâs correction went âa little deeper than…
Technical Breakout Fueled by Strong Volume and Sector-Wide Momentum Filecoin (FIL) surged more than 70% this week, climbing above the critical $2 resistance level amid renewed strength across the DePIN (Decentralized Physical Infrastructure Networks) sector. The rally came as traders rotated into decentralized storage and data infrastructure tokens, which have shown exceptional relative strength compared to the broader crypto market. Sector Rotation and Volume Surge Signal Renewed Investor Interest The sharp upward move was supported by a major breakout on above-average trading volume, indicating renewed institutional and retail demand. According to market observers, the breakout marks a potential end to…
After weeks of volatility, Bitcoin (BTC) has reclaimed the $100,000 level, drawing renewed attention from traders and institutional investors. The move comes amid a fragile macro backdrop, where risk assets have been pressured by tightening liquidity and cautious sentiment across global markets. On the daily chart, BTC/USD is trading around $100,803, slightly below its 55-day moving average, signaling that bears remain active but losing control. The price has bounced from a demand zone near $98,000â$100,000, highlighted by strong buying interest on higher volume. âThis area is crucial for Bitcoinâs next trend confirmation,â said one  BitXJournal market strategist. âIf buyers defend…
Fireblocks, Solana Foundation, Polygon Labs, and others unite to establish a standardized framework for blockchain-based payments, aiming to bridge the gap between digital assets and traditional finance. Seven Leading Firms Launch Blockchain Payments Consortium A coalition of seven major blockchain organizations â including Fireblocks, Solana Foundation, TON Foundation, Polygon Labs, Stellar Development Foundation, Mysten Labs, and Monad Foundation â has announced the formation of the Blockchain Payments Consortium (BPC). The new groupâs mission is to develop unified standards for crosschain stablecoin transfers and create a common framework that enhances blockchain transactions across global payment networks. The initiative comes after a…
Renewed focus on privacy technology, robust trading volumes, and the success of the Zashi wallet propel Zcash to its strongest market performance since 2018. Zcash Price Hits $600 as Privacy Coins Regain Momentum Zcash (ZEC) has surged back into the spotlight, crossing $600 for the first time since 2018 and reclaiming a position among the top 20 largest cryptocurrencies by market capitalization. The privacy-focused token has seen a year-over-year increase of over 1,270%, pushing its total market value to nearly $10 billion, according to recent market data. Daily trading volume has soared above $1.8 billion, with liquidity strengthening across major…
