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Evening wrap · October 10, 2026

US sanctions crypto networks; ETH plans quantum defense

The US Treasury designated multiple crypto-linked terrorist and criminal networks, while Ethereum developers outlined a timeline to transition to post-quantum cryptography.

  1. 1

    Treasury sanctions crypto-linked criminal and terrorist networks

    The US Treasury and OFAC sanctioned Iranian crypto exchanges tied to the IRGC, individuals linked to Latin American gang Tren de Aragua over $40.73 million in ATM thefts, and Hamas financiers who moved over $2 million via digital assets.

  2. 2

    Ethereum targets 2029 for post-quantum infrastructure overhaul

    Ethereum developers plan to finalize core post-quantum cryptography by 2029 to defend against advances in quantum computing, with an initial proposal for voluntary quantum-safe signatures potentially arriving in late 2026.

  3. 3

    Ant Digital and HSBC test AI agent micropayments

    Ant Digital Technologies and HSBC completed an exploratory test using AI agents to execute automated service interactions and micropayments using tokenized bank deposits.

Numbers

Bitcoin is at $82,974, Ether trades at $2,508, and total market capitalization stands at $2.76 trillion.

Watch

The second annual Post-Quantum Research Retreat concluding Oct. 12, 2026. · Potential inclusion of EIP-8141 in the Ethereum Hegotá network upgrade in late 2026. · Further asset freezes by stablecoin operators following the latest OFAC designations.

Full text

The US Treasury designated multiple crypto-linked terrorist and criminal networks, while Ethereum developers outlined a timeline to transition to post-quantum cryptography.

  1. Treasury sanctions crypto-linked criminal and terrorist networks The US Treasury and OFAC sanctioned Iranian crypto exchanges tied to the IRGC, individuals linked to Latin American gang Tren de Aragua over $40.73 million in ATM thefts, and Hamas financiers who moved over $2 million via digital assets.

  2. Ethereum targets 2029 for post-quantum infrastructure overhaul Ethereum developers plan to finalize core post-quantum cryptography by 2029 to defend against advances in quantum computing, with an initial proposal for voluntary quantum-safe signatures potentially arriving in late 2026.

  3. Ant Digital and HSBC test AI agent micropayments Ant Digital Technologies and HSBC completed an exploratory test using AI agents to execute automated service interactions and micropayments using tokenized bank deposits.

Numbers: Bitcoin is at $82,974, Ether trades at $2,508, and total market capitalization stands at $2.76 trillion.

Watch:

  • The second annual Post-Quantum Research Retreat concluding Oct. 12, 2026.
  • Potential inclusion of EIP-8141 in the Ethereum Hegotá network upgrade in late 2026.
  • Further asset freezes by stablecoin operators following the latest OFAC designations.

Basis Desk Newsroom · AI-generated, source-verified. Built only from stories already verified and published on Basis Desk; market figures as of publication. Not financial advice.