Strive raising $500 million to buy additional bitcoin with new preferred share class
SATS will offer a fixed 15% dividend yield at par and be junior to the company’s existing SATA, which pays a variable rate (currently 13%).
US deposit rates choke USDC adoption, and a BIS model reveals why
Historical estimates point to stronger USDC growth sensitivity to deposit repricing, while exchange rewards complicate adoption forecasts. Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox
Grok AI Predicts Hyperliquid to Surge 20x by 2027
Elon Musk’s Grok AI predicts that Hyperliquid (HYPE) could reach $1,500 by January 1, 2027, assuming a full-blown crypto bull market returns and a landmark catalyst turbocharges it. HYPE currently trades near $80–$82 as of October 13, 2026, and a run to four figures would mean around 20x returns from current levels. The scenario assumes…
South Korea Blocks 27 Crypto Exchange Websites, Including KuCoin and MEXC
South Korea is expanding its crackdown on unregistered exchanges. Financial authorities have ordered blocks on 27 overseas cryptocurrency exchange websites operating without registration in the country. The list includes major platforms such as KuCoin, MEXC, BingX, Phemex, XT.com, Bitrue, CoinW, Poloniex, BTCC, and BitMart. The decision comes after two reviews held on October 6 and…
BNY, Citadel Securities test tokenized U.S. Treasuries to speed up Wall Street financing
The transaction shows how blockchain-based government bonds could help trading firms move collateral faster between settlement and financing.
Lido DAO exposes token flaw and forces a budget review
Lido’s DAO is debating whether its 2027 grant budget should guide automated purchases of the LDO governance token. The Oct. 7 discussion puts two choices on the table: link NEST’s revenue threshold to approved spending, or periodically clear the buyback engine’s negative spending counter. NEST had made no purchases funded by its allocator when checked…
Ledger’s crypto wallet implant scare triggers Trezor reseller crackdown as security fears spread
Trezor is cutting authorized resellers after a hardware-implant attack against rival Ledger exposed vulnerabilities in cryptocurrency wallet distribution. In an Oct. 13 letter, Trezor Chief Commercial Officer Danny Sanders said selected partners would lose their authorization on Jan. 1, 2027, as the company tightens oversight of its supply chain. The decision marks an escalation in…
UK Judge Says Chinese Law Applies to Claims Over £4B Bitcoin Fraud
A UK High Court judge has ruled that Chinese law, not English law, must govern the claims of victims to more than 61,000 BTC recovered from a multibillion-pound fraud. But while the decision settles an important preliminary legal question, it does not determine whether the victims can establish ownership of the cryptocurrency or how much,…
Bitcoin defies $800 million crypto wipeout as South Korea’s AI stock market crashes
Bitcoin rebounded above $83,000 on Tuesday despite a sharp Asian stock selloff, as cryptocurrency liquidations exceeded $800 million. BTC recovered after briefly slipping below $81,000, while semiconductor shares continued a deepening rout that sent South Korea’s benchmark KOSPI index down 6%. South Korea’s AI stock collapse exposes concentrated market risks Reports noted that South Korea’s…
Critical Shiba Inu (SHIB) Warning: Here’s the Latest Threat
The SHIB Army, the collective term for Shiba Inu holders, supporters, traders, and enthusiasts, has once again found itself in the crosshairs of scammers. Such schemes can lead to painful losses, so here’s how users can protect themselves. ‘This is a Drainer’ Recently, an X account falsely claimed a Shiba Inu airdrop was “back,” telling…