MSCI’s new non-operating company rules could exclude Strategy, Metaplanet and SharpLink. The final list of affected firms is due Nov. 11.
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VIENNA, October 15, 2026 – BingX EU (MEGE zweite GmbH) has secured its Markets in Crypto-Assets Regulation (MiCA or MiCAR) license from Austria’s Financial Market Authority (FMA), that will enable the platform to offer regulated crypto services across 29 countries of the European Economic Area (EEA), subject to ongoing passporting arrangements. The authorization marks a significant milestone in BingX’s European expansion, providing EEA users with access to digital asset services under a unified regulatory framework built on transparency, security, and investor protection.
The authorization reflects BingX EU’s long-term commitment to responsible growth in Europe. As digital assets become increasingly integrated into the financial system, regulatory clarity plays an essential role in strengthening user confidence, supporting institutional participation, and enabling sustainable industry development. Through its regulated European entity, BingX EU will provide compliant crypto services designed to meet the evolving needs of both retail and institutional users across the EEA.
“Our priority is to provide European users with trusted and locally regulated trading experience,” said Daniel Lai, Chief Executive Officer of BingX EU. “Operating under MiCAR will allow us to deliver our services under a clear regulatory framework that gives users confidence while supporting the long-term development of Europe’s digital ecosystem. It also enables us to combine innovation with the high standards of security, transparency and accountability that European users and institutions expect. We believe this foundation can help create a more accessible and sustainable environment for the continued adoption of digital assets across the region.”
Looking forward, BingX EU will continue working closely with Austria’s FMA and other European regulators as it prepares for the launch of its regulated services across the European Economic Area. BingX EU remains committed to operating within Europe’s regulatory framework while providing users with secure, transparent and compliant access to digital asset services.
About BingX EU
MEGE zweite GmbH (“BingX EU“) is a MiCAR-regulated crypto-asset platform, headquartered in Vienna, licensed as a Crypto-Asset Service Provider (CASP) under the Markets in Crypto-Assets Regulation (MiCAR). Dedicated to serving clients across 29 countries in the European Economic Area, BingX EU delivers fully regulated services in alignment with European standards for investor protection and market integrity. Under its MiCAR authorization, BingX EU provides a platform that offers regulated broker services, such as crypto custody, exchange, and other crypto services.
For media inquiries, please contact: media@bingx.eu
About BingX
Founded in 2018, BingX is one of the the world’s leading multi-asset trading platform, serving more than 40 million users worldwide. The company has been the Principal Partner of Chelsea FC since 2024 and became the Official Team Partner of Scuderia Ferrari HP in 2026.
Disclaimers: The content qualifies as a marketing communication under the Markets in Crypto-Assets Regulation (MiCAR) and is issued by MEGE zweite GmbH (BingX EU). It does not constitute investment advice.
Russia’s central bank has added Sberbank to its register of organizations authorized to exchange digital currencies, according to reports.
Sberbank was added to the list of digital depositories, which will keep a record of cryptocurrencies and digital rights, earlier this month.
Now, it joins eight other organizations on the exchange register, including state-controlled VTB, Russia’s second-largest bank, and T-Invest Lab, part of T-Technologies, which also owns online lender T-Bank, according to a Monday report from Interfax.
The announcement comes as Russia fast moves forward with Bitcoin-related regulation. Sberbank last month announced that it was the first in the country to have been approved to custody bitcoin.
The Bank of Russia gave it the green light for “digital currency record-keeping” and to facilitate the transfer of such assets, covering bitcoin and other, smaller cryptocurrencies.
“This status will allow the bank to provide services related to organizing the circulation of digital currency on interfaces which clients already use,” Sberbank was quoted saying in the news report.
A law on digital currencies and digital rights came into effect in Russia on September 1, creating a comprehensive legal framework for cryptocurrency circulation. Transactions involving cryptocurrencies can be conducted via the existing infrastructure of exchanges, brokers and trustees, and now also via crypto exchanges and digital depositories.
Cryptocurrency can be bought and sold via crypto exchanges, while the rights to these assets are recorded in digital depositories.
Banks and other organizations have been able to apply to the CBR for the corresponding licenses since October 5. Some existing players have simplified access to the market and can obtain licenses on a notification basis within just one day.
Under the new rules, unqualified investors will be able to buy bitcoin and other cryptocurrencies including stablecoins, within a limit of 300,000 rubles ($3,556) per year through one intermediary.
Qualified investors will have access to all cryptocurrencies traded on the exchange and over-the-counter markets.
Sberbank will debut its crypto wallet in December — the same month the Moscow Exchange will debut crypto trading.
Cryptocurrency hacks soared to $1.18 billion across 107 recorded incidents in the third quarter of 2026, according to security company Hacken.
Hacken’s Q3 report attributed 77% (about $906 million) to compromised suppliers or developer tools, publicly disclosed fixes that had not been deployed, or other components outside security reviews.
The four largest incidents included the $387 million Bitget hack, the $320 million Liquid Network exploit, the $120 million Tectonic exploit, and the Coldcard firmware vulnerability, associated with an estimated $115 million in losses.
This Q3 was the most damaging quarter for crypto hacks since Q1 2025, when Bybit’s $1.4 billion loss to North Korea pushed the total to $1.6 billion.
Q3 losses in total amount and composition. Source: Hacken
About 80% of the quarter’s losses were concentrated in four of the largest incidents, while 98 of the incidents recorded losses below $10 million. The median loss across all 107 incidents was $670,000.
While supplier compromises and infrastructure failures drove much of the stolen value, smart contract incidents were the most frequent, accounting for $228 million in losses across 71 incidents as the most exploited attack vector.
Related: Anthropic warns ‘AI worms’ may autonomously spread across devices like a virus
About a third of losses was returned or reversed after Q3 crypto hacks
Of the $1.18 billion lost, about $387 million was returned or reversed, accounting for the recovery of about 33% of gross losses.
Following the Liquid Network hack, self-proclaimed “white hats” returned $272 million, representing about 85% of the stolen value.
In the Tectonic incident, Cronos validators rolled back 114 minutes of settled blockchain history, reversing about $111.2 million of the $120.4 million in affected borrowing. Also, stablecoin issuers Circle and Tether froze about $340,000 tied to the Bitget theft.
Operators covered an additional $410 million of user losses from their own funds. Bitget’s user protection fund covered $387 million, while Triple-A, Coinsbuy and TAC repaid about $22 million, making users whole, while stolen assets remained with attackers.
About $384 million, or 32% of gross losses, was neither returned nor covered.
Amount of losses covered by operators, compared to amount returned or reversed. Source: Hacken
Hacken urged industry participants to strengthen the cybersecurity of third-party suppliers, developer tools and other external infrastructure that may fall outside security audits.
The company also recommended that protocols expand security audits to include oracles, bridgers, custody systems, signing authorities and other privileged components.
Magazine: Inside the ‘fake police raid’ that forced a $1M Bitcoin transfer
Dubai, United Arab Emirates, October 13th, 2026, Chainwire
Bybit Co-founder and CEO Ben Zhou has outlined the latest stage of the company’s expansion from a crypto exchange into The New Financial Platform, highlighting new products and collaborations across traditional and digital markets.
The updates were presented during Bybit’s latest biannual “Keynote with Ben” session titled “Make Your Move”, where Ben discussed the convergence of financial markets and the company’s approach to building for that shift. Held outside the usual studio format, in a gathering with a live audience, the keynote brought Ben together with selected guests to discuss changes in the financial landscape, new technologies and the products shaping Bybit’s next phase.
Four Years of TradFi Expansion, With Stocks Now Live and mStocks Ahead
Four years after entering traditional finance with contracts for difference (CFDs) in 2022, Bybit has established itself as the largest crypto CFD platform, with trading volume reaching as much as $100 billion at its peak. On Oct. 12, the company expanded further into traditional markets with the launch of stock trading for eligible users, providing access to more than 1,000 U.S. stocks and ETFs. Users can trade using USDC, with fractional shares and 24/5 access covering U.S. pre-market, regular and after-hours sessions.
Bybit is also developing mStocks in collaboration with Mantle, with a targeted launch in November. The tokenized stock product is designed to be backed 1:1 by real stocks, with plans to support round-the-clock conversion between eligible stocks and mStocks on Bybit, as well as decentralized exchange trading through automated market maker (AMM) liquidity pools on Mantle. Converted mStocks are also expected to be transferable into Bybit’s Unified Trading Account (UTA) for use as trading collateral, subject to applicable terms and conditions.
Bybit launched IPO Express in June, giving eligible users access to selected IPO opportunities at the offering price through tokenized representations of the underlying securities. The service launched with SpaceX and is designed to extend Bybit’s access beyond secondary-market trading into selected primary-market opportunities.
The latest developments build on Bybit’s expansion into perpetuals, pre-market products, foreign exchange and options. Its TradFi offering now spans more than 600 products across equities, ETFs, indices, commodities and FX. TradFi perpetuals have recorded more than $180 billion in trading volume, while recent additions include Forex Perps and Perp Options, an industry-first options product built on TradFi perpetuals.
Bybit is continuing to develop new perpetual products linked to AI computing and commodities, extending its range of instruments beyond conventional crypto markets.
Extending the Platform into Payments
Beyond trading and investing, Bybit has expanded its payments infrastructure to help customers move funds with greater flexibility. Bybit Pay and Bybit Card support crypto and fiat transfers, merchant payments and everyday spending. The service now connects users with more than 5,000 merchants across 15+ countries and supports transfers to bank accounts and e-wallets, alongside QR payments and other payment services. Bybit has issued more than 4 million Bybit Cards, extending the platform’s use beyond financial markets into payments and spending.
Security and Regulatory Infrastructure
The expansion has been accompanied by investment in security, compliance and technology infrastructure.
In the first half of 2026, Bybit said it intercepted more than 30,000 suspicious withdrawal requests, protecting users from more than $700 million in potential losses.
Bybit also secured five new licenses and regulatory approvals across European Union, the Cayman Islands, Indonesia, South Africa and El Salvador during 2026. These regulatory developments support the company’s efforts to expand its presence across different markets, subject to local requirements.
The company launched Bybit AI in September as a conversational assistant across trading, account management and customer support, with further development planned around the platform’s wider financial services.
“Bybit is all about giving you the speed and scale you need when you Make Your Move. We have brought trading, investing, payments and AI together, and we are continuing to add more markets and more ways to use them. We built the platform. Now it is about giving people the financial freedom to make their own move,” said Ben Zhou, Co-founder and CEO of Bybit.
Building Beyond the Exchange
Four years after entering TradFi, Bybit now combines crypto markets with stocks and ETFs, derivatives, commodities, FX, selected pre-IPO access, payments and AI-powered services. The company’s focus is increasingly on bringing these capabilities together within a single platform while continuing to expand market access, product depth and the infrastructure supporting them.
For Bybit, the development of The New Financial Platform represents the next stage of its growth beyond crypto and into a broader role across global financial markets.
Watch the full keynote here: https://www.bybit.com/en/press/live/keynote-with-ben-h2-2026
#Bybit / #NewFinancialPlatform
About Bybit
Bybit is The New Financial Platform.
We believe every person should have access to every financial opportunity on earth. That’s why we’re building the first intelligent platform that connects anyone, anywhere to the world’s finance.
Trusted by more than 80 million users worldwide, Bybit brings together investing, trading, payments, and wealth-building in a single secure and intelligent ecosystem. Through the combination of AI-powered technology, deep global liquidity, robust security, and transparent operations, Bybit makes global finance more accessible, efficient, and empowering for everyone.
Built for everyone. Powered by intelligence. Open to the world.
Learn more at Bybit.com
For more details about Bybit, please visit Bybit Press
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San Rafael de Escazú, Costa Rica, October 12th, 2026, PlayNewswire
Can a crypto casino offer big-multiplier potential without taking the traditional house cut? BiggerZ has introduced 100% RTP Originals, combining a theoretical 0% house edge with transparent game rules and verifiable results.
100% RTP Crypto Casino Games: How a 0% House Edge Works
Return to player (RTP) describes the theoretical share of wagers returned over a very large number of rounds. A 99% RTP game implies a 1% house edge; 100% RTP means no theoretical house edge on eligible play.
In practice, $1,000 in total wagering at 99% RTP implies $10 in expected loss; at 100%, it falls to zero. Individual sessions still vary: players can lose their stake or finish ahead.
BiggerZ 100% RTP Originals: Mines, Dice, Plinko, Hi-Lo and Keno
The BiggerZ Touch lobby displays 100% RTP badges on selected Originals, including Mines, Dice, Plinko, Hi-Lo and Keno. Not every BiggerZ Touch title has the same return: the lobby also displays 99% RTP on certain games. 100% RTP applies up to a $50,000 qualifying wagering threshold, after which it shifts to 99%.
Can You Win Big on 100% RTP Originals? Multipliers and Risk
Games such as Plinko and Limbo keep their multiplier outcomes, where a less likely result pays several times the wager. A 0% house edge does not guarantee a win or make high multipliers more likely. It changes the operator’s theoretical margin, not the volatility of each round.
100% RTP Originals vs High-RTP Slots: What Is the Difference?
Third-party online slots keep their own published RTP, volatility and bonus mechanics. A slot at 96% RTP carries a 4% theoretical house edge, versus zero on an eligible 100% RTP Original. The comparison concerns long-run mathematics, not which game will deliver the next big payout.
Provably Fair Crypto Casino Games: Verify BiggerZ Touch Results
Eligible BiggerZ Touch outcomes include a provably fair layer, allowing players to check each result independently. BiggerZ also publishes Live RTP across 10-minute, one-hour and 24-hour windows, showing recent payout activity, which does not predict the next result.
Where to Play 100% RTP Originals on BiggerZ Crypto Casino
Players can open BiggerZ Touch, select a game showing a 100% RTP badge and check its rules, limits and verification tools before placing a wager. The offer does not apply to slots, live casino, sports bets or prediction markets.
About BiggerZ: Crypto Casino, Sportsbook and Prediction Markets
BiggerZ combines crypto casino Originals, online slots, live casino, sports betting and prediction markets through one account and balance, with supported cryptocurrencies and selected fiat payment options. BiggerZ is operated by CDK PLAY INC SRL and licensed by the Government of the Autonomous Island of Anjouan, Union of Comoros.
18+. Terms, eligibility and jurisdictional restrictions apply. Gambling involves financial risk. Play responsibly.
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Bitmine owns 4.9% of the total ETH coin supply of 122.1 million
Bitmine is 99% of the way to the ‘Alchemy of 5%’ in just 15 months
Bitmine released Chairman’s Message on October 7 titled “Crypto Bull Underway — This Cycle Likely the Largest”
Bitmine was added to the Russell 1000 Large-cap index on June 26, 2026
Bitmine’s Series A Preferred Stock is trading on the NYSE under the symbol BMNP
Bitmine has 5,067,309 staked ETH, representing $12.9 billion at $2,544 per ETH. MAVAN (Made in America VAlidator Network) is a premier Ethereum staking destination for BMNR and institutional investors
Bitmine owns $85 million of Eightco (NASDAQ: ORBS), now one of the only publicly listed equities in the world to provide investors indirect exposure to OpenAI
Bitmine Crypto + Total Cash Holdings & Marketable Securities + “Moonshots” total $16.2 billion, including 6.03 million ETH tokens, total cash & marketable securities of $612 million, and other crypto holdings
Bitmine remains supported by a premier group of institutional investors including ARK’s Cathie Wood, MOZAYYX, Founders Fund, Bill Miller III, Pantera, Kraken, DCG, Galaxy Digital and personal investor Thomas “Tom” Lee to support Bitmine’s goal of acquiring 5% of ETH
NORWALK, Conn., Oct. 12, 2026 /PRNewswire/ — (NYSE: BMNR) Bitmine Immersion Technologies, Inc. (“Bitmine” or the “Company”), a Bitcoin and Ethereum Network company with a focus on the accumulation of crypto for long term investment, today announced Bitmine crypto + total cash & marketable securities + “moonshots” holdings totaling $16.2 billion.
As of October 11, 2026 at 1:30pm ET, the Company’s crypto holdings are comprised of 6,028,946 ETH at $2,544 per ETH (per Coinbase NASDAQ: COIN), 214 Bitcoin (BTC), $180 million stake in Beast Industries, $85 million stake in Eightco Holdings (NASDAQ: ORBS) (“moonshots”) and total cash & marketable securities of $612 million. Bitmine’s ETH holdings are 4.9% of the ETH supply (of 122.1 million ETH).
On October 7, Bitmine released its latest Chairman’s message titled “Crypto Bull Underway — This Cycle Likely the Largest.” The presentation is available at the Bitmine website (presentation link).
“We believe Bitmine is positioned to outperform the crypto bull market that we expect to be coming, as the company has strengthened its competitive position over the past year in the midst of a crypto winter (bear market),” stated Thomas “Tom” Lee, Chairman of Bitmine.
“The accumulation of a majority of our 6 million ETH took place in the midst of a crypto bear market and with the Company nearing our 5% ETH accumulation target, we believe the company is attractively positioned ahead of the coming crypto bull,” continued Lee.
Among the key strategic steps taken in the past year is the issuance of the Bitmine 9.5% Perpetual Preferred stock (BMNP) in June of this year. BMNP was issued at $80 and last closed at $99.53.
“BMNP, the Company’s perpetual preferred stock, gained 24% since issuance outperforming fixed income as Treasuries (TLT) fell -8% in that same timeframe,” continued Lee.
“BMNP has established a benchmark yield for ETH credit and at 9.56% is 256bp below that of comparable Bitcoin credit yield (STRC) and 515bp below that of comparable Solana yield (CHAD). This reflects the superior yield and stability characteristics of ETH, in my opinion,” continued Lee.
“We believe that as crypto enters a cycle we expect to be a bull market, what is notable is Bitmine’s share price outperformance of ETH during the bear market of 2025-2026. In the first 9 months of 2026, ETH declined 10% while BMNR was down by 3%, or outperformance of 731bp,” stated Thomas “Tom” Lee, Chairman of Bitmine.
“The outperformance of ETH by 6,832bp relative to the S&P 500 in 3Q26 is notable considering the substantial macro headwinds that emerged in the quarter including a ‘hawkish’ Fed, surging oil, rise in global bond yields and general tightening of financial conditions. For the quarter, ETH outperformed by 6,832bp, dwarfing other macro assets,” stated Lee.
“Owing to the following factors, we see the potential for this to be the largest ever crypto bull market. The drivers being: tokenization; wealth transfer; DATS absorbed supply; Crypto being an AI downstream story,” continued Lee.
Vlad Tenev, CEO of Robinhood, recently stated on CNBC “$100 trillion of wealth transfer is underway” (interview link). Based upon data compiled by the IRS and Fundstrat, this wealth effect is estimated to total $1.5T to $2.0T between 2026-2028.
“The wealth transfer underway is expected to support the upcoming crypto bull market as those inheriting wealth are younger and likely have a higher risk appetite for crypto and equities. We expect this effect to be more pronounced in the bull market we expect to be upcoming compared to the prior 2019-2021 cycle as the wealth transfer is projected to be a much larger dollar value transfer compared to last cycle,” stated Lee.
And further differentiating this upcoming bull cycle is that crypto Digital Asset Treasuries (DATS) have absorbed a larger share of crypto supply.
“DATS represent essentially permanent supply removed from the crypto market and this dynamic is favorable ahead of the upcoming crypto bull cycle, particularly compared to the prior 2019-2021 period, when DATS were not a factor,” continued Lee.
“Over the past week, we acquired 12,532 ETH. Bitmine’s track record of consistent buying of crypto is unmatched by any public company in the world. Bitmine has bought ETH each and every week since the inception of the ETH Treasury Strategy on June 30, 2025,” stated Lee.
Earlier in 2026, Bitmine launched MAVAN (the Made in America VAlidator Network), the institutional-grade staking platform. While MAVAN was originally developed to support Bitmine’s own Ethereum treasury, MAVAN has expanded to serve institutional investors, custodians, and ecosystem partners seeking best-in-class staking infrastructure. A portion of Bitmine’s ETH is already staked on the MAVAN platform.
As of October 11, 2026, Bitmine total staked ETH stands at 5,067,309 ($12.9 billion at $2,544 per ETH). “Bitmine has staked more ETH than other entities in the world. At scale (when Bitmine’s ETH is fully staked by MAVAN and its staking partners), the projected ETH staking reward would be $400 million on an annualized basis (using 2.61% 7-day BMNR yield). This compares to annualized staking revenues at $336 million based upon BMNR’s 5.1 million currently staked ETH (84% of the 6.03 million ETH held by Bitmine),” continued Lee.
Bitmine’s crypto holdings reign as the #1 Ethereum treasury and #2 global treasury, behind Strategy Inc., which reportedly owns 848,000 BTC valued at approximately $77 billion. Bitmine remains the largest ETH treasury in the world.
Bitmine management believes the GENIUS Act and the Securities and Exchange Commission’s (SEC) Project Crypto are as transformational to financial services in 2026 as the U.S. action on August 15, 1971, which ended the Bretton Woods system and took the U.S. dollar off the gold standard 55 years ago. This 1971 event was the catalyst for the modernization of Wall Street, creating the iconic Wall Street titans and financial and payment rails of today.
The Chairman’s message can be found here:
https://www.Bitminetech.io/chairmans-message
The Fiscal Full Year 2025 Earnings presentation and corporate presentation can be found here: https://Bitminetech.io/investor-relations/
To stay informed, please sign up at: https://Bitminetech.io/contact-us/
About Bitmine
Bitmine Immersion Technologies, Inc. (NYSE: BMNR), together with its subsidiaries (“Bitmine” or the “Company”), is a blockchain technology infrastructure company operating across institutional digital asset staking and validation services, bitcoin mining, and strategic digital asset management. As the world’s leading Ethereum Treasury company, it implements an innovative digital asset strategy for institutional investors and public market participants. The Company provides institutional-grade staking and validation infrastructure—through which it earns staking rewards and validation income—alongside bitcoin mining activities. Bitmine holds digital assets strategically, generating yield on those holdings to support liquidity and capital formation. Since 2025, the Company has expanded its blockchain infrastructure capabilities, including developing and deploying MAVAN, its institutional staking and validation platform. The Company’s activities further include investments in early-stage blockchain opportunities (“moonshot” investments) and ancillary mining, hosting, and consulting services.
For additional details, follow on X:
Cautionary Note on Forward Looking Statements
This press release contains statements that constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. Forward-looking statements include all statements that are not purely historical and can generally be identified by terms such as “expects,” “projects,” “intends,” “plans,” “believes,” “anticipates,” “estimates,” “targets,” “goal,” “potential,” “positioned,” “likely,” “may,” “will,” “would,” “could,” “should,” “view,” or similar expressions. This press release specifically contains forward-looking statements regarding: (i) the Company’s goal of acquiring 5% of the total ETH supply (the “Alchemy of 5%” initiative); (ii) the Company’s digital asset accumulation and treasury strategy, including statements regarding the expected pace, extent, and continuation of ETH acquisitions and management’s statement that the Company is largely finished buying ETH; (iii) the Company’s staking operations, including projected annualized ETH staking rewards of approximately $400 million at scale and projected annualized staking revenues of approximately $336 million, each of which is based on a 7-day trailing yield that may not be representative of future yields; (iv) MAVAN’s expansion to serve institutional investors, custodians, and ecosystem partners; (v) management’s beliefs regarding future crypto market conditions, including that a crypto bull market is underway or forthcoming, that it may be the largest crypto bull market ever, and the anticipated effects of tokenization, wealth transfer, digital asset treasury supply absorption, and artificial intelligence on crypto markets; (vi) management’s beliefs that the Company is positioned to outperform in future market conditions and regarding the Company’s competitive position; (vii) management’s beliefs regarding the Company’s Series A Perpetual Preferred Stock (BMNP), including its role as a benchmark for ETH credit yields and the yield and stability characteristics of ETH; (viii) estimates of future wealth transfer and its expected impact on demand for crypto and equities; (ix) management’s belief that the GENIUS Act and SEC Project Crypto are or will be transformational to financial services; and (x) statements regarding the future value of the Company’s crypto, cash, marketable securities, and “moonshot” holdings.
These forward-looking statements involve substantial risks and uncertainties that could cause actual results to differ materially from those expressed or implied. Factors that could cause or contribute to such differences include, but are not limited to: the extreme volatility and unpredictability of digital asset prices, including ETH and Bitcoin; the concentration of the Company’s assets in ETH; the possibility that crypto markets do not enter a bull market, or that any such market is shorter or smaller than anticipated; the Company’s reliance on third-party pricing sources, reported market values, and third-party data and estimates (including estimates of wealth transfer), which may fluctuate materially or prove inaccurate; uncertainty in the valuation of illiquid and privately held investments, including the Company’s stake in Beast Industries; changes in market conditions affecting the trading price and volume of the Company’s securities, including the Company’s common stock and Series A Perpetual Preferred Stock, and the relationship between the trading price of the Company’s securities and the value of its digital asset holdings; the Company’s ability to pay dividends on its Series A Perpetual Preferred Stock; dilution resulting from future issuances of equity or equity-linked securities; changes in the Company’s ETH acquisition plans, including any decision to slow, pause, or resume purchases; the Company’s ability to successfully execute its digital asset acquisition strategy and achieve its ETH accumulation targets, including the “Alchemy of 5%” goal; the Company’s ability to finance its business operations and MAVAN expansion; operational, security, and technological risks associated with the Company’s staking and validation operations, including network failures, slashing events, cybersecurity breaches, and protocol changes; the risk that actual staking yields, rewards, and revenues differ materially from projected amounts, including because short-term trailing yields may not persist; competition in the digital asset treasury, staking, and mining industries, and the risk that digital asset treasury companies sell rather than hold their digital assets; the Company’s dependence on key personnel; regulatory developments affecting digital assets, blockchain technology, and staking activities, including the implementation and interpretation of the GENIUS Act, SEC Project Crypto, and other pending legislation or regulatory initiatives; actions by the SEC, CFTC, and other regulatory bodies; risks related to the Company’s “moonshot” investments, including in Eightco Holdings and Beast Industries; macroeconomic factors, including inflation, interest rates, monetary policy, oil prices, and general economic conditions; changes to the Ethereum protocol; the performance of third-party service providers, exchanges, custodians, and staking partners; and the other risk factors described in the Company’s filings with the SEC.
The forward-looking statements contained in this press release are based on information available to management as of the date of this release and reflect management’s current expectations, estimates, and beliefs concerning future events. Actual results may vary materially from those expressed or implied based on the factors described above and in the Risk Factors section of the Company’s Annual Report on Form 10-K for the fiscal year ended September 30, 2025 filed with the SEC on November 21, 2025, the Company’s Quarterly Reports on Form 10-Q, and the Company’s other filings with the SEC, as amended or updated from time to time. Copies of these filings are available at www.sec.gov and at https://Bitminetech.io/investor-relations/. The Company cautions readers not to place undue reliance on any forward-looking statements, which speak only as of the date on which they are made. Bitmine expressly disclaims any obligation to update or revise any forward-looking statements except as required by applicable law.
Mutsamudu, Comoros, October 9th, 2026, Chainwire
MEXC, a pioneer in 0-fee digital asset trading, and Payward, the parent company of Kraken, shared their perspectives on the convergence of crypto and traditional finance during a TOKEN2049 Singapore panel. MEXC CEO Vugar Usi Zade and Payward Co-CEO Arjun Sethi, discussed how broader market access, retail demand and collaboration between platforms could shape the future of global trading.
Crypto and TradFi Move Closer Together
An important theme was the shift toward more connected, always-on markets. Vugar said blockchain infrastructure is challenging traditional market structures built around fixed trading hours, while users increasingly expect access to different asset classes through a more seamless experience.
“Over the next five years, we’ll see a convergence toward a singular platform where asset classes and investments can move quickly and smoothly,” said Vugar. “Retail will be the main driver.”
Arjun highlighted the infrastructure challenge behind this shift, noting that 24/7 trading is ultimately about bringing assets and collateral into a more connected financial environment.
“24/7 trading really means: how do you bring all that collateral into one place?” said Arjun.
Collaboration Over Competition
Both speakers also highlighted collaboration as an important part of scaling the next generation of global trading platforms.
Arjun noted that serving a much larger global user base will require platforms to work with partners that bring different strengths in their respective markets, explicitly pointing to MEXC as one such example.
“The only way to do that is to partner with folks, including MEXC, to be able to help succeed in their core markets,” said Arjun.
Vugar similarly emphasized that exchanges can increasingly build on one another’s strengths rather than approach every opportunity purely through competition. MEXC brings a retail-first approach, deep liquidity and broad experience in perpetual markets across crypto and TradFi assets, while Payward brings global financial infrastructure, professional trading capabilities and strong market experience in the United States.
The discussion built on the two companies’ earlier indication that they are exploring broader collaboration, with both executives pointing to infrastructure, market access and distribution as areas where greater connectivity between platforms could create value.
Trust and access were also highlighted as essential foundations for this evolution. Vugar described trust and access as two of the most important elements in building future financial platforms, while Arjun emphasized the importance of transparency as the industry becomes more connected.
The panel pointed to a future in which crypto and TradFi become increasingly connected, with collaboration between platforms helping bring together market access, infrastructure and user reach to serve a broader global audience.
About MEXC
Founded in 2018, MEXC is a leading global multi-asset trading platform built as your 0-fee gateway to infinite opportunities. Serving users across 170+ markets, MEXC provides simple and efficient access to crypto, stocks, tokenized assets, derivatives, and a growing range of TradFi-linked opportunities through one account and one gateway.
With 0 trading fees, deep liquidity, broad asset coverage, and a high-performance trading experience, MEXC is designed for retail users who want to discover earlier, act faster, and trade with fewer barriers. As crypto and traditional finance continue to converge, MEXC is committed to making global opportunities more accessible, helping users trade freely and MEXCmize every opportunity.
MEXC Official Website｜ X ｜ Telegram ｜How to Sign Up on MEXC
For media inquiries, please contact MEXC PR team: media@mexc.com
Risk Disclaimer:
This content does not constitute investment advice. Given the volatility of financial markets, including digital assets, tokenized assets, and traditional financial products, investors should carefully assess market conditions, underlying asset fundamentals, and potential financial risks before making any investment or trading decisions.
Contact
Lucia Hu
lucia.hu@mexc.com
Blockchain investigator ZachXBT says he spent nearly $350,000 of his own money to infiltrate an alleged Chinese money-laundering network connected to North Korea’s Lazarus Group, an operation that helped expose more than $12 million in funds linked to the $1.5 billion Bybit hack.
In a detailed post on X published October 5, the pseudonymous investigator said he posed as a client of the network in early 2025, deliberately accepting losses on transactions in exchange for information about how the group moved stolen cryptocurrency.
“Posing as a client, I gathered intel that helped action freezes for the Feb 2025 Bybit exploit and attribute illicit activity onchain,” ZachXBT said.
The Bybit attack, which took place in February 2025, remains one of the largest cryptocurrency thefts on record. The FBI attributed the theft of approximately $1.5 billion in digital assets to North Korean hackers it tracks as TraderTraitor, saying the stolen funds were rapidly moved across thousands of blockchain addresses in an effort to obscure their origin.
ZachXBT’s status on X
Going undercover with $349,700
ZachXBT said his investigation began after he noticed more than 15 accounts in public Telegram and Discord groups seeking assistance with transactions involving funds connected to the Bybit exploit.
One of those contacts used the alias “Jimmy Green.”
Rather than simply tracking the wallets from the outside, ZachXBT decided to pose as a potential customer. On March 6, 2025, he funded a new Ethereum address with 349,700 USDC and began conducting transactions with Green.
The arrangement involved sending USDC in exchange for USDT on the Tron network. ZachXBT said the wallet provided by Green had itself received gas from an address directly traceable to Bybit exploit funds and listed on a public Bybit blacklist.
He continued making transactions to establish credibility with the alleged laundering operation.
The strategy came at a cost. ZachXBT said he lost around 5% on each order, while also facing the possibility that the counterparty could simply disappear with his money.
“At this point, I realized I needed to continue losing 5% per order and gamble on capturing as much actionable intel as quickly as possible,” he wrote.
According to ZachXBT, Green eventually began discussing plans to move funds connected to North Korea and provided details about the network’s operations in Hong Kong and mainland China.
A conversation between ZachXBT and “Jimmy Green.” (Source: ZachXBT)
The blockchain evidence followed
The conversations became more valuable when Green began providing information that ZachXBT could independently verify on-chain.
In one instance, Green sent a screenshot showing a transaction involving funds being bridged between networks. ZachXBT said he was able to match the screenshot with a corresponding THORChain transaction that had been created within minutes of the conversation.
Green later shared three Solana addresses. ZachXBT said those addresses helped him identify a cluster containing more than $12 million in Bybit-linked funds, which were being moved between Bitcoin, Ethereum, Solana and Tron.
Tether subsequently froze 442,000 USDT connected to the wallet cluster, according to ZachXBT and reports detailing his investigation.
The alleged laundering network also appeared to have knowledge of other major crypto thefts.
The blockchain evidence followed
Green reportedly mentioned approximately $300,000 that had previously been frozen. ZachXBT traced the figure to 332,000 USDC linked to the 2023 Poloniex exploit, which researchers have associated with North Korean hacking activity.
Green also claimed to have laundered around $3 million in fraud proceeds for another client. ZachXBT said those funds could be traced to a wallet associated with Huione Guarantee, a marketplace that has been linked to cryptocurrency laundering and illicit services.
A broader network behind the laundering
The investigation suggests the operation was not simply a single broker moving money for individual criminals.
ZachXBT alleged that the Chinese network had laundered more than $1 billion across multiple exploits linked to Lazarus Group, including a substantial portion of the funds stolen from Bybit. The claims are based on a combination of private conversations, wallet movements and transaction timing.
The alleged organization reportedly operated through different divisions, with individuals responsible for receiving and distributing stablecoins to other participants.
That structure highlights a critical weakness in crypto laundering operations: stolen funds may move through dozens of wallets and blockchains, but they still need intermediaries willing to convert, exchange or transfer them.
For investigators, those intermediaries can become valuable sources of intelligence.
ZachXBT’s growing role in North Korea investigations
The operation also builds on ZachXBT’s previous work tracking cryptocurrency stolen by North Korean-linked hackers.
He said he has helped facilitate more than $75 million in freezes connected to DPRK-related incidents since 2022. His investigation into the Bybit attack also preceded the FBI’s public attribution of the theft to North Korea.
The investigator has become one of the most prominent independent figures in crypto incident response, using publicly available blockchain data to trace stolen assets and identify connections between seemingly unrelated hacks.
His work has also attracted controversy and personal risk. ZachXBT was previously sued and doxxed by a former target, yet has continued investigating major cryptocurrency thefts.
He said grants from foundations and donations from individuals have helped fund more difficult investigations, including the undercover operation.
For this particular case, however, he personally fronted the money.
The operation was not without danger. ZachXBT said he had no guarantee that Green would continue cooperating or return the funds, while direct contact with an organized laundering network created an unknown level of personal security risk.
He ultimately kept the investigation private while passing the information to law enforcement and other trusted investigators.
The case illustrates how cryptocurrency laundering has evolved alongside blockchain surveillance. Even as criminals move stolen assets across multiple chains, stablecoins, bridges and decentralized exchanges, investigators can sometimes use the same transparent infrastructure to reconstruct the trail.
ZachXBT’s operation took that approach one step further: instead of merely following the money, he says he stepped inside the network moving it.
Hong Kong, Hong Kong, October 6th, 2026, Chainwire
ASICID Inc. has released its IDMINER Series, a new lineup of cryptocurrency mining systems designed for Bitcoin, Litecoin, and Dogecoin mining.
The series includes the IDMINER HomeRack, IDMINER 2 and IDMINER 1, with configurations ranging from 1,150 TH/s to 9,600 TH/s of Bitcoin hashrate and from 350 GH/s to 3,200 GH/s of Litecoin and Dogecoin hashrate.
The three models are designed for different mining setups, from individual and home miners to professional and larger-scale operators.
IDMINER Series Specifications
IDMINER HomeRack
- Bitcoin hashrate: 9,600 TH/s
- Litecoin/Dogecoin hashrate: 3,200 GH/s
- Power configuration: 4 × 1,300W
- Estimated monthly mining revenue: up to $25,590*
IDMINER 2
- Bitcoin hashrate: 2,400 TH/s
- Litecoin/Dogecoin hashrate: 800 GH/s
- Power consumption: 1,300W
- Estimated monthly mining revenue: up to $6,390*
IDMINER 1
- Bitcoin hashrate: 1,150 TH/s
- Litecoin/Dogecoin hashrate: 350 GH/s
- Power consumption: 700W
- Estimated monthly mining revenue: up to $2,790*
*The revenue figures are estimates based on network conditions, cryptocurrency prices, and mining difficulty at the time of publication.
Designed for Simpler Deployment
The IDMINER systems are delivered pre-configured and tested before shipment. Users can connect the miner to power, connect via WiFi or Ethernet, enter their preferred mining pool information, and begin mining.
The systems support major mining pools and also provide access to ASICID’s Zero-Fee Mining Pool option.
Other features include thermal management and hardware testing before shipment.
Built for Bitcoin, Litecoin and Dogecoin Mining
ASICID develops and manufactures its mining hardware through an integrated production process that includes research and development, hardware engineering, assembly, thermal testing, and quality assurance.
The company is headquartered in Hong Kong with additional operations in the United States and serves individual miners, professional mining businesses, and institutional operators.
With the IDMINER Series, ASICID is targeting miners looking for high-hashrate hardware with straightforward deployment and power requirements suited to ongoing mining operations.
For more information about the IDMINER Series, users can visit www.asicid.com.
Contact
Peter Lam
media@asicid.com
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