Daily Brief · October 16, 2026
A presidential task force proposes restructuring digital asset oversight, while corporate treasuries and security exploits absorb major bitcoin supplies.
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White House Group Recommends CFTC Spot Market Authority
A presidential task force advised Congress to grant the CFTC oversight of non-security digital asset spot markets . The group also recommended banning central bank digital currencies and applying wash-sale rules to the…
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Strategy Acquires 24,869 Bitcoin for $2.01 Billion
The firm purchased the $BTC between May 11 and May 17, 2026, at an average price of $80,985 . Strategy used proceeds from selling 19.5 million preferred shares to increase its treasury to 843,738 tokens .
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Coldcard Firmware Defect Results in $116 Million Theft
Attackers drained roughly 1,816 bitcoin from over 5,200 addresses starting July 30, 2026 . A March 2021 software bug reduced seed entropy, enabling remote brute-force attacks that require users to migrate to new wallets…
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Visa Launches Institutional Stablecoin Platform in Beta
The payment network debuted a wallet-as-a-service platform with minting, burning, and custody support for Open USD . Access is currently restricted to selected institutional clients during the testing phase .
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Securitize Deploys Tokenized US Equities on Solana
The issuer launched $USDC settled tokens backed one-to-one by Apple, Nvidia, and Tesla shares on the $SOL network . The underlying assets maintain voting rights and cannot be lent out .
The numbers
Bitcoin trades at $82,142 with total market capitalization reaching $2.74 trillion, while Injective leads top gainers up 30.3 percent.
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