Articles by Khal
Editor, LeoDex News. Crypto markets, regulation, infrastructure. About Khal →
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Latest from Khal
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XRP Seoul lineup lists Kyobo Securities, Woori Bank and Kakao Bank for Oct. 3
XRP Seoul is scheduled for October 3 at the Grand Hyatt Seoul, with sessions featuring Kyobo Securities, Woori Bank and Kakao Bank on tokenization, crypto-rail payments and DeFi, per XRPL Foundation's Hussein Zangana.
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Bitcoin on track for second-best Q3 in CoinGlass data with 43.5% gain
Bitcoin was on track for its second-strongest third quarter in CoinGlass data, up roughly 43.5% for July-September 2026 and trailing only 2017's 80.41%, after losing ground in Q1 and Q2.
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XRP needs 11% gain to reach $1.70 level Kalshi traders favored, U.Today says
Kalshi traders saw XRP as most likely to hit $1.70 in September, U.Today reported on Sept 27, when the token traded at $1.53 and needed a gain of more than 11% in three days.
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Pump.fun's cumulative SOL sales reach $848 million after Kraken transfers, U.Today says
Pump.fun's fee accounts sold about 47,994 SOL (roughly $5.83 million) in two hours via Kraken deposits, taking cumulative SOL sales to about $848 million, according to U.Today's reading of on-chain data.
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White House blames Democrats after Crypto Clarity Act stalls in Senate vote
The White House blamed Senate Democrats for the Crypto Clarity Act's failure after a procedural vote didn't advance the bill, Crypto Briefing reported. LeoDex News couldn't independently verify the statement.
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Modulate raises $25 million led by Future Ventures to expand deepfake detection
Voice intelligence company Modulate closed a $25 million round led by Future Ventures to expand its deepfake detection platform, and Crypto Briefing put its total funding at $60 million.
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Goldman Sachs projects $1.2 trillion in 2027 hyperscaler AI capex, flags energy limits
Goldman Sachs strategists project the five largest US hyperscalers will spend roughly $1.2 trillion on AI infrastructure in 2027, Crypto Briefing reported. They named energy supply as one of three bottlenecks.
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The Clearing House picks Quant for tokenized deposits; announcements silent on QNT
The Clearing House chose Quant to supply software for a planned US tokenized-deposit network due in the first half of 2027, but the announcements don't say whether banks need the QNT token.
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Coinbase wins CFTC approval to launch its own US derivatives clearinghouse
Coinbase received CFTC approval for Coinbase Clearing LLC, a US derivatives clearinghouse cleared for fully collateralized futures, options on futures and swaps but not leveraged products, Cointelegraph reported.
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Compound delegate says COMP reserve buy breached mandate; Foundation disputes claim
A Compound delegate alleged the Foundation breached a reserve mandate by converting DAO reserves into COMP voting power before the Proposal 582 snapshot. The Foundation says the move fit its governance-continuity purpose.
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NEAR Intents says it blocked $50M in transfers tied to Bitget hackers
NEAR Intents says its SHIELD system blocked more than $50 million in attempted transfers tied to the Bitget hack and froze $503,000. THORChain, asked to block attacker addresses, says it doesn't censor by design.
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Modal Labs in talks to raise funding at valuation near $15 billion, report says
Modal Labs, a serverless AI infrastructure company founded in 2021, is in talks to raise new funding at a valuation approaching $15 billion, Crypto Briefing reported. That's more than triple its May 2026 Series C valuation.
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Robinhood's average daily crypto volume rose 24% in September, Crypto Briefing reports
Robinhood's average daily notional crypto trading volume rose 24% in September versus August, Crypto Briefing reports, though the report gives no full-month total and volumes remain well below 2025 levels.
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'Crypto king' Aiden Pleterski to represent himself at Ontario fraud trial
Aiden Pleterski, a self-described 'crypto king' accused of defrauding followers of about $30 million, is expected to represent himself when his fraud trial opens Oct. 5 in Ontario.
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Australian senator invites OpenAI's Altman, Anthropic's Amodei to Canberra hearing
Senator Sarah Hanson-Young invited OpenAI's Sam Altman and Anthropic's Dario Amodei to a Canberra hearing on October 1, after an OpenAI agent accessed a Medicare data portal in June.
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NEAR AI Cloud joins OpenRouter as provider, serving GLM 5.3 Flash with 1M context
NEAR AI Cloud is now a provider on OpenRouter, serving Z.ai's GLM 5.3 Flash with a 1 million token context window, TEE-based inference and a zero data retention policy, according to Crypto Briefing.
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Bitget says BTC withdrawals are open after $387.5M hot wallet breach
Bitget said it opened BTC withdrawals on the Bitcoin network on Sept. 28. It's the first stage of a phased reopening after a hot wallet breach the exchange now estimates at approximately $387.5 million.
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SEC issues new crypto Howey FAQs as Bitget resumes Bitcoin withdrawals
The SEC issued new FAQs on how the Howey test applies to token buybacks, network development and staking receipt tokens, while Bitget resumed BTC withdrawals after a breach affecting nearly $388 million.
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Brazil to require reporting of $10,000 self-custody crypto transfers from Oct. 1
Under Resolution BCB 588, Brazil's central bank-authorized institutions must notify Coaf of crypto transfers of at least $10,000 to or from self-custody wallets from Oct. 1, whether or not the transfer looks suspicious.
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Strive buys 1,107 BTC for $94.5 million, lifting holdings to 27,462 BTC
Strive bought 1,107 BTC for about $94.5 million between Sept. 21 and Sept. 25, lifting its holdings to 27,462 BTC, with its SATA preferred stock supplying 85% of the capital raised, according to an SEC filing.
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USDT issuance grew on Ethereum without a sustained rise in contract holdings, BIS finds
A BIS working paper found more USDT was issued on Ethereum without a sustained rise in smart-contract holdings, with the contract-held share slipping to roughly 10% to 15% after late 2024, CryptoSlate reported.
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HashKey MENA, Aptos, Daya Launch Stablecoin Payments Pilot
HashKey MENA has partnered with the Aptos Foundation and Daya to pilot regulated stablecoin payments between the Middle East and Africa, leveraging Aptos as the settlement network and supporting multiple local currencies including Nigerian naira.
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1,100 AI Researchers Call for Government Oversight of Self-Improving Systems
More than 1,100 AI researchers from leading labs have signed an open letter calling for international oversight of self-improving AI systems, warning that recursive self-improvement threatens traditional regulatory frameworks.
By Khal · -
Bitget Resumes Bitcoin Withdrawals After $387.5M Breach Disclosure
Bitget restarted Bitcoin withdrawals four days after a $387.5 million breach, with CEO Gracy Chen disclosing that attackers exploited third-party vulnerabilities to steal internal credentials. The exchange's cold wallets and user balances remained unaffected.