Crypto News & Market Telemetry
Institutional-grade market intelligence, breaking protocol news, and macro signals powered by the Squaby Telemetry Desk.
SBF Supreme Court Bid Extends FTX Legal Uncertainty
Sam Bankman-Fried is seeking U.S. Supreme Court review after his FTX conviction, keeping one of crypto’s most consequential legal cases in play. The appeal is unlikely to move markets directly, but it reinforces regulatory overhang across exchanges and token issuers.
Robinhood CEO Pushes Back on AMC Stock Token Veto
Robinhood CEO Vlad Tenev said securities issuers should control shareholder rights, but not separate tokenized products that track their shares. The comments sharpen an ongoing dispute over who can govern stock tokens as tokenization gains traction in public markets.
Bitcoin Suisse Plans Offshore Shift as It Expands Globally
Bitcoin Suisse plans to move as many as half of its Swiss jobs abroad as it scales its wealth and asset management business. The move points to continued cost pressure in Switzerland and a broader push by crypto firms to build lower-cost operating hubs.
Crypto Markets Steady as Traders Watch Macro and Regulation
Crypto markets are trading with a mild risk-on bias as investors weigh macroeconomic signals, regulatory developments and sector-specific flows. The backdrop remains constructive, but liquidity-sensitive assets are still vulnerable to abrupt swings if rates or policy expectations shift.
Law Firm Cyberattacks Nearly Double, Dark Web Risk Rises
Cyberattacks on law firms have nearly doubled in 2025, according to BakerHostetler, as stolen documents from Greenberg Traurig appeared on the dark web. The trend underscores growing operational and legal risk for firms handling sensitive corporate and financial data.
Canada Grants Tokenized Deposits Bank-Deposit Status
Canada has given tokenized deposits the same legal status as traditional bank deposits, a move that could accelerate bank-issued digital money products and clarify the regulatory path for federally supervised institutions. The decision strengthens the case for blockchain-based banking while preserving existing prudential and risk controls.
OpenAI Seeks Antitrust Clarity on AI Slowdown Risk
OpenAI is asking Congress whether a deliberate slowdown in AI development could raise antitrust concerns, underscoring growing regulatory uncertainty around model safety, competition and industry coordination. The request comes as researchers urge restraint and policymakers weigh whether slower development could be seen as anti-competitive behavior.
Bitcoin Golden Cross Fades as Rate-Hike Bets Rise
Bitcoin’s near-term technical setup weakened as markets priced in firmer odds of higher-for-longer rates, undercutting a bullish chart signal. The shift suggests macro policy expectations are again driving crypto direction more than momentum alone.
Anchorage Opens Institutional Access to Frgmnt fUSD
Anchorage Digital will let institutional clients hold, mint, redeem and stake Frgmnt’s fUSD stablecoin through its custody platform, extending federally regulated infrastructure into stablecoin distribution. The move adds a new institutional access point for a dollar-pegged asset at a time when demand for compliant crypto rails remains elevated.
Bitcoin Rises as Traders Weigh Hot Core Inflation
Bitcoin advanced as markets absorbed a mixed inflation report that kept expectations for a Federal Reserve rate cut or hike in focus. The broader crypto market also firmed, with traders balancing cooler annual price trends against a still-sticky monthly core reading.
Robinhood Crypto Volume Rises 61% as Trading Rebounds
Robinhood said crypto trading volume climbed 61% in August, signaling a rebound in retail risk appetite after a softer stretch in digital asset activity. The update also underscored that its fastest-growing business remains outside traditional trading, pointing to a broader shift in the company’s revenue mix.
EU Regulator Flags Insider Trading Risk in Prediction Markets
The European Securities and Markets Authority said prediction markets may be vulnerable to insider trading and questioned why platforms such as Kalshi and Polymarket restrict access unevenly across EU countries. The regulator also noted that virtual private networks can bypass those blocks, underscoring enforcement gaps.
Robinhood Chain Traders Flock to BONER Stock Swaps
A niche DeFi trend is emerging around synthetic trading pairs that let users swap exposure between equities and memecoins, with BONER becoming a focal point on Robinhood Chain. The activity reflects speculative risk appetite rather than a broad market shift, but it may signal growing demand for unconventional on-chain derivatives.
Metaplanet Cuts Share Pool, Plans Hong Kong Unit
Metaplanet will reduce its potential Series 10 share pool by 41% while establishing a Hong Kong subsidiary with $1 million in capital. The move signals a tighter capital structure alongside a broader push into Bitcoin, equities, and credit trading.
Albuquerque Bans Bitcoin ATMs Over Fraud Concerns
Albuquerque has ordered Bitcoin ATM operators to remove kiosks within 45 days after city officials said most transactions were linked to fraud. The move adds to regulatory pressure on crypto cash-access points and may prompt similar reviews in other U.S. cities.
Blockstream Rejects Ransom as Liquid Hackers Hold 600 BTC
Blockstream said it will not pay a ransom after hackers tied to the Liquid network breach reportedly seized nearly 600 bitcoin. The company said it is coordinating with law enforcement, exchanges and forensic firms to recover the funds if they are not returned.
Anthropic Says Claude Was Used in Cyberattacks, Surveillance
Anthropic said its Claude model was used by a Russian-speaking operator to target more than 20 organizations and by a consultant in Mali to build a mass-surveillance system. The disclosure adds to growing scrutiny of AI misuse and its implications for enterprise security and regulatory oversight.
Asia Stocks Drop as BOJ Decision Nears, Yields Rise
Japanese and South Korean equities fell sharply as higher bond yields and firmer oil prices drove a broad risk-off move across Asia ahead of the Bank of Japan’s policy decision. The pullback adds to pressure on regional risk assets, though it does not duplicate recent crypto-specific market or policy coverage.
Bitwise to Liquidate Dogecoin ETF After Less Than a Year
Bitwise will shut down its Dogecoin ETF, BWOW, with trading set to end Oct. 14 and shareholders expected to be cashed out the following week. The closure underscores continued product pruning across the crypto ETF market even as broader assets remain elevated.
Brevo Flaw Exposed 347K Trezor Subscribers to Phishing
Trezor said a Brevo login flaw allowed attackers to target 347,000 subscribers with phishing emails, raising the risk of follow-on fraud against crypto users. The hardware wallet maker said it is treating the exposed addresses as potentially reusable for future phishing campaigns.