JUST Completes 5th JST Buyback & Burn: Over 170M Tokens (~$23.53M) Burned Ahead of Major Deflationary Upgrade

On October 17, JUST, the leading DeFi infrastructure in the TRON ecosystem, announced the completion of its fifth buyback and burn of its native token JST as scheduled. Over 170M JST were burned in this round (approx. 1.72% of total supply), backed by nearly $23.53M in capital deployed—all funded directly by JustLend DAOs net operating revenue.  Over the past five rounds, a total of 1.88B JST tokens have been burned, driving the cumulative deflation rate past 19% with over $100M revenue deployed.  JST has reached a key operational milestone following this latest burn: the remaining 70% of JustLend DAOs initial treasury reserves has been fully deployed according to the original plan. This marks the successful completion of the first phase , paving the way for a major mechanism upgrade.  170M+ Tokens (~$23.53M) Burned in JSTs Fifth Buyback Round  According to the official announcement released, the fifth JST buyback and burn was successfully completed. As a routine buyback for Q3 2026, a total of 170,723,144 JST tokens (approx. 170M) were burned, representing about 1.72% of the total token supply, with a total value exceeding $23.53M.  Maintaining similar levels of burn scale and capital investment to the previous four rounds, this burn round continues the stable, predictable

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Ledger CEO clashes with ex-Mt. Gox boss over $90M wallet thefts

Ledger CEO Pascal Gauthier has publicly clashed with former Mt. Gox chief Mark Karpelès over warnings about modified hardware wallets linked to an estimated $90 million in cryptocurrency thefts.  In an October 17 exchange on X, Karpelès questioned whether the wallet manufacturer had communicated the danger of sophisticated spying implants clearly enough before customers reported losses involving devices sold through Southeast Asian reseller CryptoBilis. Gauthier defended Ledger‘s security work and challenged the former exchange executive’s criticism.  Correction: I said @Ledger didnt talk about the implant situation at all despite knowing about it – they did publish an academy topic in March 2026 that talks about it and recommends buying direct or from Authorized Resellers.https://t.co/UUNH1H2L3D pic.twitter.com/UNrxyLnsmd  — Mark Karpelès (@MagicalTux) October 17, 2026  The dispute followed the discovery of unauthorized electronics inside a genuine Ledger device. Investigators found that the additional hardware could capture a wallets 24-word recovery phrase during setup and transmit it through a cellular connection.  Research estimates place the suspected losses above $90 million. Ledger has not established that figure as a final verified total, and Karpelèss claim that earlier warnings could have prevented those losses remains unproven.  Ledger CEO disputes Karpelèss criticism of wallet warnings  The disagreement began with Karpelès questioning Ledgers earlier communication

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SEC approves Coinbase earnings bets that stay settled when the numbers change

The SEC approved rules allowing options exchange Cboe to list binary options on Coinbase trading volume and Bitcoin miner MARAs production. Once those contracts have expired and settled, a later correction to the companys reported figure will not change the payout.  Related Asset Bitcoin #1 BTC · $80,982.15 24-hour change: down 0.60% Loading price history… 24H Down 0.60% 7D Down 2.50% 30D Up 0.15%  The order is dated Oct. 13, 2026, and was published in the Federal Register on Oct. 16. Trading availability for the specific Coinbase and MARA series, and eligibility for Robinhood customers, remained unconfirmed as of Oct. 17.  The eligible metrics include Coinbases transaction revenue and subscription and services revenue, alongside total trading volume. MARAs permitted metrics include Bitcoin produced and total Bitcoin holdings.  Related Company Coinbase A leading digital currency company  Ordinary settlement uses the designated metric for the specified reporting period in the companys earnings-related SEC filing. Cboe sets the metric and reporting period when listing the option, giving each contract a particular figure to resolve against.  Related Company MARA Bitcoin miner in North America  A call pays when that reported figure equals or exceeds the contracts threshold; a put pays when it falls below it. The standard gross payout is $1,

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Binance, Coinbase join West Africa scam crackdown as 28 arrested

Authorities in Ghana and Nigeria have arrested 28 suspects during an international crackdown on online fraud networks, with cryptocurrency exchanges Binance and Coinbase among the private companies helping investigators identify more than $11 million in potentially freezable funds.  SummaryAuthorities arrested 28 suspects in Ghana and Nigeria during an international crackdown on online scam networks.Private companies identified over $11 million potentially available for freezing, not money confirmed as recovered.Coinbase reported preventing over $415,000 in potential fraud losses and identifying more than 65 victims.Police identified 117 trafficking victims in Ghana, while Meta removed over 3.7 million suspicious accounts.Binance, Coinbase and blockchain investigators helped authorities trace suspected fraud and disrupt criminal online operations.  According to an October 13 announcement from the U.S. Department of Justice, the operation targeted groups suspected of running cryptocurrency investment scams, impersonation fraud and other schemes against victims in the United States, United Kingdom and elsewhere.  The UK National Crime Agency hosted the coordinated effort in London from October 6 to 9, bringing together international police units, cryptocurrency companies and technology firms. Investigators identified 117 trafficking victims in Ghana, seized electronic devices and received intelligence on more than 30 suspected scam centers.  The $11 million figure covers assets that participating companies identified as

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Claude unpicks an NSA mystery behind Ethereum passkey security

Anthropic said on Oct. 16 that Claude had helped reconstruct the public seed behind P-256, a NIST-standardized cryptographic curve supported for Ethereum passkey signing. The finding gives wallet builders new evidence about a longstanding concern over the curves origins.  Related Asset Ethereum #2 ETH · $2,394.16 24-hour change: down 1.18% Loading price history… 24H Down 1.18% 7D Down 4.23% 30D Down 6.00%  The seed is a public design input used to derive a coefficient in the curves equation. It is separate from the private signing credentials that authorize wallet activity. Anthropic says unexplained seeds supplied by the U.S. National Security Agency had fueled suspicion about deliberately weakened parameters.  The companys published recipe initializes the old C-library generator lrand48 with the timestamp for Aug. 16, 1997, at 01:52:34 UTC. The generator produces a sequence of candidate seeds. Advancing to candidate 1,842 returns the published P-256 value, providing a repeatable recipe for that public constant.  Related Company Anthropic AI safety and research company  Anthropic says this makes deliberate backdoors less plausible. It describes no new attack or curve weakness and says users need take no action.  The Ethereum connection runs through EIP-7951, which specifies verification of signatures using P-256, also called secp256r1. It names Apple Secure Enclave, Android

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Tether backs AIsa to help AI agents make payments

Tether has invested in San Francisco-based artificial intelligence startup AIsa alongside HIVEN, completing a seed extension round that brings the companys total funding to more than $9 million.  In an October 15 announcement, AIsa confirmed that the two investors had joined its existing backers, including Alibaba, Tribe Capital, Sumitomo Corporation, Draper Associates and Saison Capital. The company develops technology that allows AI agents to access online services and make payments while following spending limits set by businesses.  Tether Capital separately confirmed its participation, describing the investment as part of its work on AI-powered payments and programmable money. Neither company disclosed the amount Tether invested, AIsas valuation or the ownership stake acquired through the transaction.  The funding follows AIsas earlier financing announcement in July, when the company reported cumulative capital of $6.5 million.  Tether joins AIsa funding round as capital tops $9 million  The October financing brings AIsas reported funding total above $9 million, with Tether and HIVEN joining an investor group that already includes technology companies and venture capital firms.  In July, Alibaba and Tribe Capital co-led AIsa‘s earlier seed round. Draper Associates, Sumitomo Corporation and Saison Capital participated in that financing, according to the company’s July 3 disclosure.  Tether Invests in AIsa to Expand Its Push

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Cysic halts bridge after hacker creates 10 million CYS

Cysic has suspended its cross-chain bridge after an attacker reportedly exploited a processing flaw to mint 10 million CYS tokens without authorization on BNB Smart Chain on October 17.  In an October 18 statement, the Cysic Foundation said its preliminary investigation identified unauthorized access to a database supporting the bridge, followed by the submission of fraudulent minting messages.  The company confirmed that it had stopped bridge operations and restricted transfers from an address holding approximately 2.8 million CYS. It said its mainnet and other operational systems remained unaffected, while investigators continued examining the movement of the newly created tokens.  https://t.co/bK2X8Ca2sk  — Cysic Foundation (@cysic_fdn) October 18, 2026  Cysic has not established a final financial loss. Its incident report distinguishes the number of tokens created from the value an attacker may have obtained through completed transactions.  Cysic bridge exploit creates 10 million unauthorized tokens  The attack took place on October 17, with the unauthorized mint recorded at 12:31:38 UTC, according to the projects incident timeline.  Preliminary findings indicate that the attacker accessed a database used by Cysics cross-chain bridge and exploited weaknesses in its message-processing logic.  The bridge processes instructions associated with transfers between supported networks. In this incident, the attacker allegedly manipulated that process to authorize the creation of

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Trump waives new Russia tariffs as October 18 oil deadline arrives

President Donald Trump waived new Russia-linked duties in an October 16 order, keeping those additional tariffs from applying as October 18 arrives. The date is a condition for targeting certain countries over new Russian-energy purchases; the waiver changes one potential inflation and financing-cost risk for Bitcoin.  Related Asset Bitcoin #1 BTC · $81,867.15 24-hour change: up 0.57% Loading price history… 24H Up 0.57% 7D Down 1.40% 30D Up 4.98%  The order implements the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026. It specifies additional duties of 500% on Russian goods and 100% on goods from two country groups: the five largest Russian oil and gas importers that knowingly make new purchases on or after October 18, and the top five facilitators of Russian oil sanctions evasion. Exceptions apply, and the same order waives the duties.  The waivers have no fixed expiry. They remain effective until the president or secretary of state determines further action is appropriate, consulting the Treasury secretary and US trade representative as appropriate.  Related Person Donald Trump President (47th) · United States of America  Earlier sanctions also survive within the order‘s specified scope. It preserves measures under executive orders addressing the Russian harmful-foreign-activities emergency as they stood immediately before the

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Apples First Foldable iPhone Sells Out in Minutes

Apples iPhone Duo pre-orders sold out within minutes on October 16, and online orders for the $1,999 foldable no longer arrive before Christmas.  That leaves holiday shoppers with fewer options. Apples US store now lists every model as shipping in late January.  Sponsored  Sponsored  Why iPhone Duo Pre-Orders Outran Apples Supply  Apple CEO John Ternus, who took over from Tim Cook on September 1, opened sales with a short teaser clip on X.  Executive chairman Cook followed minutes later, pointing buyers to the October 23 launch.  Pre-orders opened at 5 a.m. Pacific Time and sold out within minutes, Yahoo reported. Even the top $3,199 model now ships on January 22.  iPhone Duo Pre-Order Page on Apples US Store. Source: Apple Website  Apple said in a statement that pre-order demand had been “nothing short of extraordinary,” CNBC reported. The company added that it will keep accepting orders online.  Sponsored  Sponsored  However, supply looked tight well before launch. Apple pays Samsung about $250 per folding panel under an exclusive display supply deal, with no second source.  Apple unveiled the device at Ternuss first keynote as CEO on September 9. It pairs a 5.4-inch outer screen with a 7.6-inch matte inner display.  Is a Store Visit Your Last Shot Before the Holidays?  Online buyers have little hope for

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Gold Price Slides on Hot Inflation, but Schiff Says Its a Gift

Gold price slid this week on hotter-than-expected US inflation data. Yet economist Peter Schiff called gold at $4,145 a gift, arguing the Federal Reserve has already lost its inflation fight.  On paper, the selloff looks backwards. Gold is a classic inflation hedge, yet three hot price reports in three days pushed it lower.  Sponsored  Sponsored  Why Peter Schiff Sees a Gift in the Gold Price Dip  The September Consumer Price Index (CPI) came first, with consumer prices up 3.7% from a year earlier. That beat the 3.6% forecast.  Wholesale inflation followed a day later. Producer prices jumped 6.3% annually, the biggest gain since 2022.  Meanwhile, import prices rose 1.1% in September, above the 0.8% consensus.  Even so, traders sold. They read the data as a signal for more Fed rate hikes, which make non-yielding gold less attractive.  Gold Spot (XAUUSD) Price. Source: TradingView  The gold price slipped about 0.6% this week and has lost more than 2% over the past month. The sharpest drop came on CPI day, before prices partly recovered.  Sponsored  Sponsored  In contrast, Schiff says stubborn inflation proves Fed tightening has failed. For him, a weaker gold price marks a buying window rather than a warning.  Schiff argued gold should have soared this week, adding that traders had instead handed buyers

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