Skip to content
$BTC$81,197+0.5%$ETH$2,358+0.5%$SOL$102.42+1.2%$XRP$1.33+0.1%$TON$1.24+1.4%MCap$2.69T+1.1%BTC.D60.4%Fear&Greed51 NeutralGas0.04 gwei·2.1 sat/vBNews mood16% bullish
Basis Desk

New from Basis Desk: free Telegram proxies for places where Telegram is blocked or slowed down.Connect in one tap →

Evening wrap · October 28, 2026

Fed Poised for Rate Hold, FEC Cyberattack Blinds PAC Filings

Markets anticipate a Federal Reserve rate hold as persistent inflation offsets a risk-asset rally, while an FEC system outage leaves millions in eleventh-hour crypto PAC spending obscured days before the midterm elections.

  1. 1

    Federal Reserve Poised to Hold Benchmark Rate at 3.75% to 4.00%

    Futures markets indicate a 90% probability the Fed will leave interest rates unchanged. Persistent inflation and near 5% Treasury yields continue to constrain liquidity for risk assets like Bitcoin ($BTC).

  2. 2

    Reported FEC Cyberattack Halts Electronic Campaign Finance Filings

    A system outage linked to a reported cyberattack paused real-time campaign finance disclosures six days before the 2026 midterms, blinding watchdogs to late expenditures from major crypto super PACs.

  3. 3

    Moody's Assigns A2 Rating to Ripple's RLUSD Stablecoin

    Moody's assigned an A2 long-term deposit rating to RLUSD, citing reserve quality consisting of cash and short-duration Treasuries. The rating agency noted a lack of bankruptcy remoteness as a key constraint.

  4. 4

    Attacker Siphons $1.01 Million From Avalanche Tranche Vault

    An exploit drained roughly $1.01 million in USD Coin ($USDC) from an Avalanche Tranche Vault using manipulated flash loans to mint and redeem inflated shares, according to security firm Blockaid.

  5. 5

    Birch Hill Raises $4 Million to Tokenize Private Credit

    Birch Hill secured a $4 million seed round led by Multicoin Capital. The firm submitted a FINRA broker-dealer application to offer tokenized private credit to accredited investors.

Numbers

Bitcoin traded up slightly at $81,209 alongside Ethereum at $2,358, pushing the total digital asset market capitalization to $2.68 trillion.

Watch

FOMC interest rate decision and Chair Warsh's press conference at 2:00 p.m. ET. · Restoration of the FEC electronic filing portal and the influx of backlogged 24-hour expenditure reports. · Official statements or contract pause transactions from Valinor Digital and Fence following the Tranche Vault exploit.

Full text

Markets anticipate a Federal Reserve rate hold as persistent inflation offsets a risk-asset rally, while an FEC system outage leaves millions in eleventh-hour crypto PAC spending obscured days before the midterm elections.

  1. Federal Reserve Poised to Hold Benchmark Rate at 3.75% to 4.00% Futures markets indicate a 90% probability the Fed will leave interest rates unchanged. Persistent inflation and near 5% Treasury yields continue to constrain liquidity for risk assets like Bitcoin ($BTC).

  2. Reported FEC Cyberattack Halts Electronic Campaign Finance Filings A system outage linked to a reported cyberattack paused real-time campaign finance disclosures six days before the 2026 midterms, blinding watchdogs to late expenditures from major crypto super PACs.

  3. Moody's Assigns A2 Rating to Ripple's RLUSD Stablecoin Moody's assigned an A2 long-term deposit rating to RLUSD, citing reserve quality consisting of cash and short-duration Treasuries. The rating agency noted a lack of bankruptcy remoteness as a key constraint.

  4. Attacker Siphons $1.01 Million From Avalanche Tranche Vault An exploit drained roughly $1.01 million in USD Coin ($USDC) from an Avalanche Tranche Vault using manipulated flash loans to mint and redeem inflated shares, according to security firm Blockaid.

  5. Birch Hill Raises $4 Million to Tokenize Private Credit Birch Hill secured a $4 million seed round led by Multicoin Capital. The firm submitted a FINRA broker-dealer application to offer tokenized private credit to accredited investors.

Numbers

Bitcoin traded up slightly at $81,209 alongside Ethereum at $2,358, pushing the total digital asset market capitalization to $2.68 trillion.

Watch

  • FOMC interest rate decision and Chair Warsh's press conference at 2:00 p.m. ET.
  • Restoration of the FEC electronic filing portal and the influx of backlogged 24-hour expenditure reports.
  • Official statements or contract pause transactions from Valinor Digital and Fence following the Tranche Vault exploit.

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.