Curve Finance Goes Live on Stellar in First Non-EVM Deployment Curve Finance has launched its StableSwap on Stellar mainnet, allowing users to create liquidity pools, swap assets and provide liquidity without permission. The move expands Curve beyond EVM networks, with founder Michael Egorov citing institutional demand. Stellar’s ecosystem also includes stablecoins and tokenized assets that could benefit from deeper liquidity. Curve plans to bring its FXSwap product to Stellar once its audit is complete, enabling trading between assets with different price movements, including FX and real-world asset pairs.

Initia Halts Network After $2.7M Exploit Initia has paused its Layer 1 network and rollups after a security flaw reportedly allowed an attacker to mint tokens without authorisation. Co-founder Ezaan Mangalji said preliminary findings point to a previously unknown bug in its MoveVM implementation on Cosmos SDK. The attacker reportedly bridged out around $2.7 million in AUSD, ETH and USDC before the network was halted. Initia is investigating with security teams, validators and exchanges. The team says the bug does not affect native INIT tokens, while the full extent of the losses remains unconfirmed.

Phantom Brings Kalshi Prediction Markets to US Users Phantom is rolling out Kalshi prediction markets directly in its app, allowing US users to trade event contracts after completing KYC verification. Users will fund trades with Phantom’s dollar-pegged CASH stablecoin, while winnings and cash-outs return to their Phantom Cash accounts. Fees start at $0.02 per contract, plus a small network fee. The launch comes amid ongoing state lawsuits challenging Kalshi’s event markets under gambling laws. Phantom says it’s confident moving forward but will restrict certain market categories in Michigan, Nevada and Washington.

BNB Chain Burns $1.19 Billion Worth of BNB BNB Chain has completed its 37th quarterly token burn, permanently removing 1,646,196.44 BNB worth approximately $1.197 billion at the time of the burn. The burn brings $BNB’s remaining total supply down to 131.51 million tokens, as the network continues its Auto-Burn programme targeting a final supply of 100 million BNB. The quarterly burn is separate from BNB’s real-time burning mechanism, which destroys a portion of gas fees generated on BNB Smart Chain.

Mastercard Launches Stablecoin Security Tool to Flag Risky Payments Mastercard is introducing a new service that screens stablecoin payments for fraud, scams, sanctions violations and other financial crime risks before funds move onchain. The tool analyses transaction history and payment context to generate a risk score that banks can use with their existing compliance systems. https://t.co/fvJlZhD19V and Keyrails are its first announced partners. The service will launch first in North America, with worldwide commercial availability expected in 2027. Mastercard also plans to integrate its stablecoin infrastructure provider BVNK into the service next year.

Google Cuts Quantum Computing Errors 40-Fold Google Quantum AI has demonstrated “magic state cultivation” on its Willow processor, achieving a 40-fold reduction in errors and 99.99% logical fidelity for T-states. The technique could help solve a major bottleneck in building fault-tolerant quantum computers. If scaled successfully, such machines could eventually threaten Bitcoin’s digital signatures. The breakthrough doesn’t necessarily bring Q-day closer, but it strengthens the case for preparing crypto for a post-quantum future. Larger-scale demonstrations are still needed.

Strategy Adds Another 250 BTC, Holdings Reach 848,250 BTC Michael Saylor’s Strategy has bought another 250 BTC for $21.5 million at an average price of $86,194 per bitcoin. The latest purchase brings its total holdings to 848,250 BTC, worth around $70.6 billion. Strategy has spent approximately $64 billion accumulating bitcoin at an average cost of $75,444 per BTC. The company now holds more than 4% of Bitcoin’s 21 million supply cap, with around $6.6 billion in paper gains at current prices. “There’s always room for more orange,” Saylor posted ahead of the latest purchase announcement.

Ledger Confirms Spy Implants in CryptoBilis Wallets as MediaMarkt Halts Sales Ledger’s security team has confirmed that hardware wallets sold through CryptoBilis contained unauthorised LTE implants designed to capture users’ 24-word recovery phrases during setup and transmit them remotely. The implants reportedly do not alter Ledger’s operating system, Secure Element or transaction signatures. Ledger says there is no evidence its own infrastructure was compromised, while the reported losses of more than $86 million remain unverified. Meanwhile, MediaMarkt Saturn has suspended Ledger sales across Europe after a customer in Germany reported a tampered device. Trezor has removed CryptoBilis from its reseller network, while OneKey is offering free replacements for its devices purchased through the reseller between March 1 and October 13.

Bitmine Adds 12,532 ETH as Tom Lee Predicts Record Bull Market Bitmine has added another 12,532 ETH, bringing its total holdings to 6.03 million ETH, worth around $15.3 billion. The company now holds roughly 4.9% of Ethereum’s circulating supply, with 5.07 million ETH already staked through its MAVAN platform and staking partners. Bitmine estimates annualised staking revenue of $336 million, potentially rising to $400 million once its entire ETH treasury is staked. Chairman Tom Lee believes tokenisation, AI and corporate crypto treasuries absorbing market supply could fuel what he calls the largest crypto bull market ever.

China Orders Creation of National Blockchain Network China has introduced 19 policy measures to develop a national blockchain network, integrating the technology into manufacturing, banking and data sharing as part of a broader push to connect its digital and real economies. The guidelines also address data ownership, cross-border data flows and digital infrastructure, with the initiative focused on state-led blockchain applications rather than public cryptocurrencies.