UPDATE: French lawmakers have voted to approve the 31.4% capital gains tax on crypto-to-stablecoin trades.
It still requires final parliamentary clearance before taking effect in January 1, 2027.
FRANCE PROPOSES 31.4% TAX ON REGULATED STABLECOINS
The measure taxes swaps from assets like $BTC into MiCA-compliant tokens starting Jan. 1, 2027.
Chainalysis warned the policy could push traders toward unmonitored offshore channels and decentralized platforms outside the EU framework.
The Drift Protocol exploiter who stole over $270 million transferred $61.56 million in ethereum:native to Tornado Cash.
The attacker moved 25,700 ethereum:native after two months of inactivity while retaining $195 million across other addresses.
The transfers aim to obscure the transaction trail and complicate recovery as Velocity works to compensate users through token claims.
ALERT: Revolut experienced an operational service disruption affecting card payments, transfers, and app access.
The outage left the digital banking platform unavailable for over two hours.
Revolut confirmed all customer money and data remain safe while engineers work to resolve the issue.
The incident highlights the stark contrast between traditional institutions and the newer neo-banking model when systems fail.
@AlanSpicerYT reports
https://t.co/xOGWlRcd1l
We are currently experiencing a service disruption affecting multiple services. We can confirm that all our customers’ money and data are safe. We’ve been working to fix the issue since it was identified this morning and apologise to anyone affected and for any inconvenience caused.
JUST IN: @bitget announced the planned acquisition of a Bangkok-based digital asset exchange on October 20, 2026.
The deal involves transferring the entire shareholding of https://t.co/XimqBmbqsA Cryptonomics (Thailand).
Completion of the sale and purchase agreement is subject to applicable regulatory approval.
TOP 3 ALTCOINS TO WATCH THIS WEEK
Several key charts are sitting at major inflection points as we head into the third week of October. Keep these assets on your radar:
1. Quack AI - ethereum:0xc07e1300dc138601fa6b0b59f8d0fa477e690589
2. Akedo - $AKE
3. Monero - monero:native
What is your top play for the week?
Visa and Mesh are teaming up to let users spend crypto and stablecoins anywhere Visa is accepted.
The integration will allow users to pay directly from their crypto, stablecoin or fiat balances, online or in stores.
This could make crypto more practical for everyday purchases.
A British man lost thousands of pounds after Booking dot com's AI chatbot reportedly told him a scam payment was legitimate.
He was booking a villa in Italy to propose to his girlfriend and even checked with the chatbot before transferring the money.
Turns out, the villa apparently didn't exist.
Booking dot com is now processing a full refund.
KOREA'S BIGGEST IPO OF 2026 JUST CRASHED ON DEBUT.
AI data center firm Elice raised $151M, then its shares fell as much as 32% on its Kosdaq debut today.
Korea's IPO market raised close to $18B in 2021.
This year it has barely passed $1B, the weakest year in a decade.
Even the AI hype couldn't save its biggest listing.
Is the AI infrastructure boom losing steam?
You probably know Charles Hoskinson for Cardano and $ADA.
But his latest experiment has nothing to do with either.
He created self-replicating digital lifeforms called Quinelings, and they're surprisingly mesmerising to watch.
Could Bitcoin really plummet back to $20K before making its ultimate run to $100K?
@AlanSpicerYT sits down with macro analyst @dankrupk to discuss a controversial timeline for $BTC.
Dan breaks down why a surging US dollar could force a brutal crypto crash in 2027–2028, setting the stage for the next massive bull run right when the market feels most defeated.
Watch here: https://t.co/QeI9CTP3eM
Sparkassen, one of Germany's biggest retail banking networks, launched $BTC trading inside its app today.
The rollout begins with Frankfurter Sparkasse and Sparkasse Karlsruhe, with 30 to 40 additional savings banks joining each month.
DekaBank manages trading and coin custody at €0.99 per order,
TOKEN UNLOCKS TO WATCH THIS WEEK
Massive token supply expansions are coming to the market. Here are the biggest ones you need to monitor.
1. LayerZero - ethereum:0x6985884c4392d348587b19cb9eaaf157f13271cd
️2. Plasma - plasma:native
️3. Humanity - ethereum:0xe76c5b78f93909d34404e9eb4c1f19e7582a5de1
Also unlocking: $SOSO, base:0x98d0baa52b2d063e780de12f615f963fe8537553, and $BR.
JUST IN: Mastercard $MA introduced Stablecoin Security ahead of a global rollout in 2027.
The service evaluates risks, targeting complex transactions that make up nearly 60% of stablecoin transfer events.
The tool equips financial institutions with the intelligence and controls needed to participate in the stablecoin market with confidence.
THE WORLD’S MOST DANGEROUS ASSET? OIL
From inflation and food prices to transportation and global trade, oil affects almost everything.
Here’s why energy prices matter more than you think👇