CRYPTO
newsBTC
07 Oct 2026 · 11:15
Hyperscale Data Says Bitcoin And Cash Reserves Reach $56.4M
Strict editorial policy that focuses on accuracy, relevance, and impartiality The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality TL;DR Hyperscale Data says it held about …
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Hyperscale Data says it held about $56.4 million in Bitcoin, cash and restricted cash as of October 4.
That total included 219.9586 BTC valued at roughly $19 million and approximately $37.4 million of cash and restricted cash.
The $56.4 million figure is not the value of the company’s Bitcoin alone.
Hyperscale Data has given investors a fresh look at the balance sheet behind its Bitcoin and data-center strategy.
The NYSE American-listed company said it held approximately $56.4 million in Bitcoin, cash and restricted cash as of October 4.
Bitcoin accounted for 219.9586 BTC, which the company valued at around $19 million using a closing price of $86,480. Cash and restricted cash made up the remaining roughly $37.4 million.
Bitcoin Is One Part Of A Larger Liquidity Position
That breakdown matters because a headline saying Hyperscale has “$56.4 million in Bitcoin reserves” would be wrong.
The figure combines the company’s digital asset position with ordinary cash.
Hyperscale has been accumulating Bitcoin while also developing its Michigan AI data-center operation, so the balance-sheet update gives investors a sense of how much liquid capacity sits behind both strategies.
Executive Chairman Milton “Todd” Ault III said the company remains focused on strengthening its balance sheet to support its core businesses and the expansion of the Michigan site.
The mix also shows why corporate Bitcoin stories increasingly need to be read alongside the rest of the treasury.
A company can hold BTC as a reserve asset while still needing large cash balances for construction, equipment, working capital and debt obligations.
The Data-Center Business Still Drives The Operating Story
Hyperscale expects to continue reshaping the company around high-performance computing infrastructure.
Bitcoin therefore sits inside a broader corporate transition rather than replacing it.
The latest numbers put a concrete figure on that position: just under 220 BTC and $37.4 million of cash and restricted cash.
For shareholders, future updates will be worth watching for two separate reasons. One is whether the Bitcoin balance keeps growing. The other is whether the company’s cash position remains strong enough to fund the capital-intensive expansion it is pursuing in AI infrastructure.
This article was written by the News Desk and edited by Samuel Rae.
CRYPTO
newsBTC
07 Oct 2026 · 11:15
Genius Group Restarts Bitcoin Buying With 10 BTC Purchase
Strict editorial policy that focuses on accuracy, relevance, and impartiality The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality TL;DR Genius Group has restarted Bitcoin purchases, …
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Genius Group has restarted Bitcoin purchases, buying 10 BTC for approximately $854,000.
The company paid an average of $85,364 per Bitcoin across purchases made between October 2 and October 5.
The renewed buying follows the removal of a court injunction that had previously restricted the company’s ability to raise funds and purchase Bitcoin.
Genius Group is buying Bitcoin again.
The AI-powered education company said on October 6 that it acquired 10 BTC for about $854,000 between October 2 and October 5, paying an average price of $85,364 per coin.
The purchase marks the resumption of a treasury strategy that had previously been disrupted by legal restrictions on the company’s capital activity.
A Court Ruling Cleared The Way For New Purchases
Genius Group had been prevented from issuing shares, raising funds and purchasing Bitcoin under a preliminary injunction.
The U.S. Court of Appeals for the Second Circuit vacated that injunction on August 31, removing the restriction and giving the company room to resume its treasury plan.
The latest 10 BTC purchase is small compared with the balance sheets of the largest corporate Bitcoin holders, but its importance to Genius is more about direction than absolute size.
Management has made Bitcoin one of the pillars of a wider treasury plan alongside AI assets.
That makes each new purchase part of a deliberate capital-allocation strategy rather than an isolated crypto trade.
The Treasury Plan Still Carries Bitcoin Price Risk
Genius has set ambitious long-term targets for both its Bitcoin and AI asset holdings.
Those targets should not be confused with assets already on the balance sheet.
What has actually happened in this update is much simpler: the company has restarted buying and added 10 BTC at a disclosed average price.
That exposes shareholders to the same basic trade-off seen in other corporate treasury strategies.
If Bitcoin appreciates, the reserve can strengthen the asset side of the balance sheet. If it falls, the company absorbs mark-to-market volatility that has little to do with the day-to-day performance of its education business.
For now, the new purchase confirms that the legal interruption did not end Genius Group’s Bitcoin plan.
The company has returned to the market, and future filings will show how quickly it intends to scale from a 10 BTC restart toward the much larger treasury ambitions management has outlined.
This article was written by the News Desk and edited by Samuel Rae.
CRYPTO
newsBTC
07 Oct 2026 · 11:15
Bringin Opens Euro Business Accounts Built Around Self-Custody Bitcoin
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Bringin has opened an invite-only beta of euro business accounts for companies using Bitcoin and stablecoins.
Businesses get a named euro vIBAN and SEPA access while retaining control of their Bitcoin through self-custody infrastructure.
The beta is already being used by 15 businesses and is available to companies across 30 European countries.
European businesses that use Bitcoin are getting a new attempt at solving an old problem: keeping crypto-native treasury operations connected to ordinary euro banking.
Bringin has opened an invite-only beta of business accounts that combine a named euro vIBAN, SEPA payments, Bitcoin and stablecoin support, and self-custody wallets.
The company says the product is already being tested by 15 businesses across its target market.
The Key Design Choice Is Who Holds The Bitcoin
Bringin’s pitch is built around separating banking access from custody.
Companies can use the account to receive and make euro payments while managing Bitcoin through self-custody infrastructure rather than handing control of the asset to Bringin.
Private keys are generated inside a hardware-isolated secure enclave and are designed to require authentication from a designated company owner before a payment can be signed.
That is a meaningful distinction for Bitcoin-focused businesses that want financial services without moving their treasury into a conventional custodial account.
The platform also supports Lightning and stablecoin workflows, giving companies a route between crypto balances and euro payments without treating those systems as completely separate operations.
Bitcoin Businesses Still Need Ordinary Banking Rails
The product exists because crypto companies often discover that adopting Bitcoin does not remove their need for payroll, tax, supplier and customer payments in fiat currency.
Bringin says its consumer platform has already processed more than €15 million. The business product extends that model into named corporate accounts and accounting integrations.
The beta is available across 30 European countries and runs on infrastructure provided through Lightspark Payments Europe.
It is still a beta, so it should not be treated as a finished universal banking replacement for every company operating in Europe.
But the structure is notable.
Instead of asking a business to choose between a self-custodied Bitcoin treasury and a usable euro account, Bringin is trying to put both into the same operating workflow.
This article was written by the News Desk and edited by Samuel Rae.
CRYPTO
newsBTC
07 Oct 2026 · 11:15
Startale Opens Japan Digital Bond Paying Interest And Principal In JPYSC
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Startale Japan has opened subscriptions for a one-year digital corporate bond that pays interest and principal in JPYSC.
The offering totals ¥99.9 million, carries a fixed 5% annual pre-tax rate and is available from ¥100,000 per unit.
JPYSC is a yen-denominated trust-type stablecoin issued by SBI Shinsei Trust Bank.
A Japanese corporate bond is being used as a real-world test of stablecoin settlement.
Startale Japan opened subscriptions on October 6 for a digital bond that will pay both interest and principal in JPYSC, the yen-denominated stablecoin developed with the SBI Group.
The one-year issue totals ¥99.9 million and carries a fixed annual interest rate of 5% before tax.
Investors Will Receive The Cash Flows In JPYSC
The bond can be purchased in units starting at ¥100,000.
Applications run from October 6 through November 10, with issuance scheduled for December 1. Interest is due twice during the life of the bond, and principal is scheduled to be redeemed at maturity on December 1, 2027.
Instead of sending those payments through an ordinary bank transfer, Startale says investors will receive them as JPYSC through the Startale App.
JPYSC is designed to track the yen one-for-one and is issued as a trust-type electronic payment instrument by SBI Shinsei Trust Bank.
That makes the bond a useful test of how a regulated stablecoin can sit inside a conventional fixed-income product rather than existing only as a crypto trading asset.
The Bond Is Small, But The Settlement Model Is The Story
A ¥99.9 million issue is tiny by institutional bond-market standards.
Its relevance comes from what is being tested.
Corporate bonds already have mature systems for subscriptions, interest payments and redemption. Replacing the payment leg with regulated onchain yen allows issuers and investors to test whether stablecoins can reduce friction without changing the economic structure of the security itself.
The product is also limited to investors in Japan and comes with conventional offering requirements. It should not be described as a permissionless DeFi bond.
If the process works cleanly, however, the same settlement model could be applied to larger corporate financing transactions.
The experiment therefore gives JPYSC something stablecoins often struggle to demonstrate: a defined job inside an existing financial instrument, with real scheduled payments rather than a theoretical future use case.
This article was written by the News Desk and edited by Samuel Rae.
CRYPTO
newsBTC
07 Oct 2026 · 11:15
Crypto ‘Godfather’ Gets 78 Months For $37M Meta Fraud Scheme
Strict editorial policy that focuses on accuracy, relevance, and impartiality The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality TL;DR Adam Iza, who called himself “The …
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Adam Iza, who called himself “The Godfather,” has been sentenced to 78 months in federal prison.
Prosecutors said he stole more than $37 million from Meta through fraud involving access to business-manager accounts and credit lines.
The court also ordered more than $23.4 million in restitution; Meta was a victim of the scheme, not a participant in it.
A federal judge has sentenced self-proclaimed crypto entrepreneur Adam Iza to 78 months in prison, closing another chapter in a case that combined digital-asset wealth, fraud and abuse of law-enforcement connections.
The Justice Department said Iza stole more than $37 million from Meta Platforms and used off-duty sheriff’s deputies to intimidate people he viewed as rivals or threats.
The Fraud Was Bigger Than A Crypto Trading Case
Iza pleaded guilty to conspiracy against rights, wire fraud and tax evasion.
According to prosecutors, he fraudulently gained access to Meta business-manager accounts and lines of credit, using that access to steal tens of millions of dollars.
The case also involved former Los Angeles County sheriff’s deputies who were paid to carry out illegal searches and other acts on Iza’s behalf.
That makes the sentencing more serious than the familiar pattern of a crypto promoter exaggerating returns or misusing investor money.
The wrongdoing extended into civil-rights violations and the corruption of people who had law-enforcement authority.
The Court Ordered More Than $23M In Restitution
U.S. District Judge Percy Anderson sentenced Iza to 78 months in prison and ordered him to pay $23,402,766 in restitution.
The $37 million figure refers to the amount prosecutors said was stolen from Meta. The restitution order is lower, so the two numbers should not be conflated.
Meta itself had no role in the scheme beyond being a victim whose systems and credit facilities were exploited.
The crypto angle matters because Iza had cultivated the image of a wealthy digital-asset figure and used that image as part of his public persona.
But the conviction and sentence are ultimately about ordinary federal crimes carried out with extraordinary resources.
The case is a reminder that crypto wealth does not create a separate legal category. Fraud, tax evasion and civil-rights violations remain prosecutable whether the money came from tokens, trading or any other source.
This article was written by the News Desk and edited by Samuel Rae.
CRYPTO
newsBTC
07 Oct 2026 · 11:15
CFTC Lets Exchanges Convert Index Futures Into True Perpetual Contracts
Strict editorial policy that focuses on accuracy, relevance, and impartiality The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality TL;DR CFTC staff has issued temporary no-action …
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CFTC staff has issued temporary no-action relief allowing designated contract markets to convert certain broad-based security index futures into true perpetual contracts.
Exchanges can remove expiration dates if they meet customer-protection, notice and filing conditions.
The relief is narrow, applies to existing qualifying contracts and expires on October 20.
The U.S. derivatives market is taking another step toward a contract structure crypto traders know well: the true perpetual future.
The Commodity Futures Trading Commission’s Division of Market Oversight said on October 5 that designated contract markets can convert certain existing perpetual-style broad-based security index futures into contracts with no expiration date.
The relief is temporary and conditional, but it is still a notable shift in how U.S.-regulated venues can structure perpetual exposure.
Exchanges Cannot Simply Delete The Expiry Date
The no-action position comes with several safeguards.
A designated contract market must solicit feedback from participants holding open positions, provide advance notice, give customers an opportunity to exit and deliver appropriate risk disclosures.
The exchange also cannot use the conversion as an excuse to alter other material contract terms.
Any amendment still needs to be filed under the CFTC’s existing rules, and the venue must certify that it has satisfied the conditions in the letter.
That is a long way from saying every U.S. futures exchange can now list any perpetual product it wants.
Crypto Popularized The Structure, But This Relief Covers Index Futures
Perpetual futures became a defining product of offshore crypto markets because they provide leveraged exposure without a fixed expiration date.
The contracts covered by this CFTC action are different: they reference broad-based security indexes.
Even so, the regulatory direction is interesting.
Earlier this year, CFTC staff also provided a route for converting certain digital-commodity perpetual-style futures into true perpetuals. Extending the same concept into index products suggests the agency is becoming more comfortable with the structure itself.
The relief lasts only until October 20, which makes it more of a controlled window than a permanent policy settlement.
Still, regulated U.S. exchanges now have a path to test true perpetual index futures under explicit customer-protection conditions.
That brings a contract design closely associated with crypto one step further into mainstream derivatives infrastructure.
This article was written by the News Desk and edited by Samuel Rae.
CRYPTO
newsBTC
07 Oct 2026 · 11:15
Fairshake Backs 32 House Candidates As Crypto Election Spending Ramps Up
Strict editorial policy that focuses on accuracy, relevance, and impartiality The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality TL;DR Fairshake has named 32 U.S. House …
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Fairshake has named 32 U.S. House candidates it plans to support ahead of the November midterms.
Six races are receiving $1 million in outside spending each, for an initial disclosed commitment of $6 million.
The slate is bipartisan, with 19 Republicans and 13 Democrats, and the money is spent independently rather than handed directly to candidates.
Crypto’s largest political spending network is moving into the general election with a broad House campaign.
Fairshake has identified 32 incumbent candidates it plans to support, split between 19 Republicans and 13 Democrats.
Six of those races are receiving an initial $1 million each in independent spending, putting at least $6 million behind the first wave of the campaign.
The Selection Is Closely Tied To Crypto Policy
The six $1 million commitments are divided evenly between the two parties.
Fairshake is backing Democrats Janelle Bynum, Steven Horsford and Derek Tran, alongside Republicans French Hill, Bill Huizenga and Bryan Steil.
The wider slate is similarly bipartisan.
What connects the candidates is not party affiliation so much as their record on digital-asset legislation. The 32 lawmakers backed the House CLARITY market-structure bill, which has been a central priority for the crypto industry.
That gives Fairshake a relatively straightforward objective: protect lawmakers who supported the regulatory framework the sector wants to advance.
Independent Spending Is Not A Direct Candidate Donation
The mechanics matter.
Fairshake operates as a super PAC, so its spending is made independently rather than transferred directly into campaign accounts.
That money can fund advertising and other election activity supporting or opposing candidates, but it is not the same thing as a candidate receiving a $1 million cheque.
The scale nevertheless shows how deeply crypto policy has become tied to electoral strategy.
Major industry participants have put substantial money into Fairshake and related groups because congressional votes can determine whether market-structure, stablecoin and securities legislation moves forward.
The election result will be only the first test.
The second is whether a pro-crypto bloc that survives November can actually turn political support into legislation once the next Congress gets to work.
This article was written by the News Desk and edited by Samuel Rae.
MACRO & FED
Biztoc.com
07 Oct 2026 · 11:00
3 Regional Bank Stocks Worth Watching As Fed Rates Keep Cash Yields High
Fed rate hikes have shaken the easy-money playbook, but they have also pushed cash and short-term yields back into the spotlight. That shift can reward investors who pay attention to how banks and cash-rich …
Fed rate hikes have shaken the easy-money playbook, but they have also pushed cash and short-term yields back into the spotlight. That shift can reward investors who pay attention to how banks and cash-rich financial firms earn their keep. Miss this moment an… Fed rate hikes have shaken the easy-money playbook, but they have also pushed cash and short-term yields back into the spotlight. That shift can reward investors who pay attention to how banks and ca…
CRYPTO
pymnts.com
07 Oct 2026 · 11:00
CFTC Moves to Build Federal Rulebook for Crypto Exchanges After Clarity Act Fails
The Commodity Futures Trading Commission is moving to establish a federal regulatory framework for cryptocurrency exchanges after Congress failed to enact legislation that would have set market structure rules for much of the digital …
The Commodity Futures Trading Commission is moving to establish a federal regulatory framework for cryptocurrency exchanges after Congress failed to enact legislation that would have set market structure rules for much of the digital asset industry.
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The CFTC published Monday (Oct. 5) an advance notice of proposed rulemaking outlining two interconnected regulatory frameworks that could allow crypto exchanges to register as federally supervised “crypto asset markets.” The move follows the collapse of the Clarity Act, which fell short in the Senate last month after Congress spent much of the past two years debating how to divide responsibility for digital assets among federal regulators.
Because the notice is an ANPRM, the CFTC is seeking public input before drafting formal rules. The public will have 60 days to comment after the notice is published in the Federal Register.
The proposal consists of Regulation Crypto Asset Transactions, or Regulation CTX, and Regulation Crypto Asset Markets, or Regulation CAM, Decrypt reported Monday.
Regulation CTX would rely on an existing provision of the Dodd-Frank Act requiring retail commodity transactions involving leverage, margin or financing to occur on a CFTC-registered exchange unless the commodity is actually delivered to the purchaser.
The agency is considering an expansive interpretation of that authority, according to the report. Merely offering customers leverage, including through standard onboarding documents or terms of service, could potentially subject even fully paid crypto transactions to CFTC oversight when the assets remain on an exchange’s internal books rather than being transferred to a customer’s wallet.
That would make “actual delivery” an important dividing line between state and federal regulation, the report said. The CFTC suggested actual delivery could require customers to control their private keys. Decentralized or on-chain protocols that transfer tokens directly to customer wallets would generally satisfy that standard.
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Regulation CAM, meanwhile, would create a new “crypto asset market” registration category modeled on the designated contract market framework governing futures exchanges, per the report.
Transactions on registered crypto asset markets would generally flow through futures commission merchants subject to anti-money laundering requirements, according to the report. Leverage could be supplied only by those intermediaries or sponsoring banks, although exchanges could register simultaneously as brokers and clearinghouses.
The CFTC is also considering proof-of-reserves requirements and standards intended to prevent exchanges from listing tokens susceptible to manipulation, the report said. The framework would not necessarily federalize the entire crypto spot market. Exchanges that do not offer leverage could continue operating under state money-transmitter licenses.
CFTC Chairman Michael Selig said in a Monday press release that the proposed framework is “designed to prevent, rather than only prosecute after the fact, fraudulent schemes such as FTX.”
The notice also marks a departure from the agency’s previous enforcement-focused approach, characterizing President Joe Biden-era cases involving Kraken, Ooki DAO and Uniswap as “regulation by enforcement,” Decrypt reported.
The initiative effectively puts the CFTC in the position of using its existing statutory authority to fill part of the regulatory gap Congress had sought to address through the Clarity Act.
The agency sent the framework to the White House for review in September, shortly after the legislation failed in the Senate, the report said. Selig had warned in August that the CFTC would develop its own crypto rules if Congress did not act.
The Securities and Exchange Commission is proceeding on a parallel regulatory track, according to the report. It proposed its own Regulation Crypto Assets in August and last month unveiled an innovation exemption for tokenized stocks, suggesting federal regulators are moving ahead administratively even without the comprehensive market structure legislation the crypto industry had sought from Congress.
FOREX & GOLD
Pypi.org
07 Oct 2026 · 10:46
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