SpendNode Podcast: Crypto News & Analysis

Qubic froze its chain after an attacker drained about 1,400 wallets that used weak seed phrases. The team says 87.1% of stolen funds remain onchain. Read the full article: https://www.spendnode.io/blog/qubic-freezes-chain-attacker-drains-1400-wallets-october-2026/

Gate has launched Gate Money, a payments product sitting alongside Gate Card and Gate Pay. Here is what the move means for Gate cardholders. Read the full article: https://www.spendnode.io/blog/gate-launches-gate-money-crypto-spending-october-2026/

Cysic paused its cross-chain bridge after an unauthorized mint created 10 million CYS. The team says the issue was limited to bridge messaging and minting. Read the full article: https://www.spendnode.io/blog/cysic-bridge-halted-unauthorized-mint-10m-cys-october-2026/

El Salvador says its national Bitcoin holdings now top 7,800 BTC, worth about $640M at current prices. A look at the numbers behind the sovereign reserve. Read the full article: https://www.spendnode.io/blog/el-salvador-bitcoin-reserves-7800-btc-october-2026/

Turkish authorities have officially confirmed the detention of HEX founder Richard Heart and the seizure of $7.15 million in assets, escalating an earlier Istanbul arrest. Read the full article: https://www.spendnode.io/blog/turkey-confirms-richard-heart-detention-assets-october-2026/

Nine US corporations have filed objections to tokenized versions of their shares trading on OKXICE, raising fresh questions about consent, IP, and RWA risk. Read the full article: https://www.spendnode.io/blog/nine-us-companies-object-tokenized-shares-okxice-october-2026/

New data shows investors in Italy, Portugal, and Singapore control 66.9% of geolocated tokenized US Treasuries, with American holders in the minority. Read the full article: https://www.spendnode.io/blog/tokenized-us-treasuries-offshore-concentration-october-2026/

French lawmakers voted 38 to 37 to tax crypto-to-stablecoin swaps at 31.4% from 2027, turning a once tax-free move into a taxable event for users. Read the full article: https://www.spendnode.io/blog/france-31-percent-stablecoin-tax-parliament-vote-october-2026/

Circle is defending USDC's partner economics as rival stablecoin issuers dangle larger revenue shares to win distribution deals. Here is what the fight is about. Read the full article: https://www.spendnode.io/blog/circle-defends-usdc-economics-stablecoin-rivals-october-2026/

Ether Fi says its self-custody crypto card has processed over $1 billion in cumulative spend across 199 countries, 131 currencies and 12.6M+ transactions. Read the full article: https://www.spendnode.io/blog/ether-fi-1-billion-cumulative-card-spend-october-2026/

For the first time since 2022, the US is pulling in more Bitcoin than it sends out, according to BitcoinNews. Here is what the on-chain flow shift means. Read the full article: https://www.spendnode.io/blog/us-net-bitcoin-importer-first-since-2022-october-2026/

A forensic accountant testified that Aiden Pleterski sent none of his investors' money to the trading platform named in their contracts, spending millions instead. Read the full article: https://www.spendnode.io/blog/crypto-king-pleterski-forensic-accountant-zero-investor-money-october-2026/

Nine crypto infrastructure firms launched a Quantum Alliance modeled on the IETF to set post-quantum standards, with about 6 million Bitcoin exposed to future attacks. Read the full article: https://www.spendnode.io/blog/quantum-alliance-6-million-bitcoin-exposed-october-2026/

Companies have bought roughly 19,000 BTC every month since 2020, a steady accumulation pace that cuts against the idea corporate Bitcoin buying is a 2024 fad. Read the full article: https://www.spendnode.io/blog/businesses-accumulate-19000-bitcoin-monthly-october-2026/

Polygon acquired Coinme to move into crypto payments, aiming at a settlement and on-ramp market dominated by Visa and Stripe. Here is what the deal buys. Read the full article: https://www.spendnode.io/blog/polygon-acquires-coinme-payments-infrastructure-october-2026/

Circle CEO Jeremy Allaire says the company is targeting roughly 40 developing markets across Asia, Africa, Latin America and the Middle East for USDC. Read the full article: https://www.spendnode.io/blog/circle-usdc-40-developing-markets-october-2026/

Coinbase now has $2.3B in crypto-backed loans outstanding with 17 banks involved, per Cointelegraph. The same institutions that once called crypto a fad are now in the business. Read the full article: https://www.spendnode.io/blog/coinbase-2-3-billion-crypto-backed-loans-17-banks-october-2026/

Galaxy Research's onchain tally puts losses from the Ledger supply-chain compromise at $91M across 474 victim addresses, sharpening the full scale of the attack. Read the full article: https://www.spendnode.io/blog/ledger-supply-chain-exploit-91-million-474-wallets-october-2026/

Jack Henry is integrating Google Cloud Universal Ledger to let community banks and credit unions issue tokenized deposits with 24/7 programmable settlement. Read the full article: https://www.spendnode.io/blog/jack-henry-google-cloud-universal-ledger-tokenized-deposits-october-2026/

Taiwan has restricted access to Coinbase and prediction platform Kalshi ahead of local elections, a reminder that platform access can vanish by government order. Read the full article: https://www.spendnode.io/blog/taiwan-blocks-coinbase-kalshi-election-october-2026/

SMBC, Mizuho, and MUFG completed a joint proof-of-concept for issuing a yen stablecoin and using it for cross-border payments, per CoinMarketCap. Read the full article: https://www.spendnode.io/blog/japanese-megabanks-yen-stablecoin-proof-of-concept-october-2026/

MSCI has finalized rules excluding Bitcoin treasury companies from its global indexes, putting Strategy and Metaplanet at risk of removal by November 30, 2026. Read the full article: https://www.spendnode.io/blog/msci-excludes-bitcoin-treasury-companies-indexes-october-2026/

Visa Direct has moved its stablecoin capabilities from pilot to production, with Inyo Global as the first enabler prefunding cross-border payouts in USDC. Read the full article: https://www.spendnode.io/blog/visa-direct-stablecoin-payments-production-usdc-october-2026/

South Korea's FSC plans mandatory twice-yearly vulnerability checks for larger financial firms after a review found security gaps at 130 companies, including crypto exchanges. Read the full article: https://www.spendnode.io/blog/south-korea-fsc-crypto-exchange-security-checks-october-2026/

A federal judge refused to vacate Gemini's $5M CFTC settlement, ruling that shifting enforcement priorities and misconduct claims do not undo a signed deal. Read the full article: https://www.spendnode.io/blog/judge-rejects-cftc-gemini-5m-settlement-october-2026/