Cysic destroyed 7.2 million CYS tokens on the BNB Smart Chain.

The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) has sanctioned 10 individuals and one entity to combat fraud and cryptocurrency money laundering by North Korean IT workers. Russian national Ilya Boykov was found to have exchanged approximately $3.5 million worth of cryptocurrency for the North Korean company Alis since 2024, while Vitold Obertas facilitated nearly $2 million in cryptocurrency exchanges for North Korean officials starting in January 2025. Also sanctioned is the North Korean-controlled Russian entity FFTDC and its six IT workers, who reportedly generated over $750,000 in revenue since 2025. Australia and the European Union have taken similar sanctions this month.

Avail has launched ShieldTX, a privacy tool for Hyperliquid traders. By creating a separate wallet for each perpetual contract position, it reduces the ability of on-chain copy bots to link trading records and replicate trading strategies. Research shows that the median cost increase per trade due to execution price impacts for copied traders is 0.63%, and approximately 29% of the sub-accounts used by the top 150 Hyperliquid accounts may still be linked on-chain. (Source: The Block)

The US midterm elections will be held next week, and Kalshi data shows that Democrats have a 64% chance of winning the Senate and a 90% chance of winning the House. If Congress changes hands, the crypto agenda may shift from pushing for legislation to strengthening regulation, making it more difficult to advance the Clarity bill. Angela Alsobrooks stated that a Democratic-controlled Congress will not prioritize this bill, and if Democrats win the Senate, Warren will become chair of the Senate Banking Committee. (Source: The Block)

Bitwise, which manages $15 billion in assets, has raised its 2036 Bitcoin price target from $1.3 million to $1.6 million. (Bitcoin Archive)

xStocks' assets under management have surpassed $1 billion, more than quadrupling from $225 million in February. It currently has over 550,000 holders and a cumulative trading volume exceeding $45 billion (Source: Payward).