Cardano Foundation urges EU against expanding MiCA rules to DeFi and staking

[Update 9:00 UTC, Oct. 20 - Updates with ESMA’s explanation of a technical issue that temporarily affected Penning Financial Services’ listing in the seventh paragraph.][Update 11:30 UTC, Oct. 19 - Updates with comment from Penning Financial Services in the sixth paragraph.]The European Union’s Markets in Crypto-Assets Regulation (MiCA) register added nine crypto-asset service providers (CASPs), including BingX, bringing the total to 375 unique providers. The European Securities and Markets Authority’s (ESMA) Friday register update included crypto exchange BingX’s Austrian entity, MEGE zweite. It also listed the Italian subsidiary of YouHodler, a crypto lending platform offering yield products, with authorization for custody, crypto exchanges, order execution and transfers. Both BingX and YouHodler announced their authorizations last week. BingX EU CEO Daniel Lai said the approval would allow the company to operate under a clear regulatory framework as it prepares to launch regulated services across the European Economic Area. Other additions included Spain’s Prakma Markets, associated with the Goin crypto app, which operates a savings and investment platform.

Facing a potentially giant tax bill that could threaten his voting power, Zuckerberg was days away from listing his Palo Alto home when Meta agreed to create a new class of stock.

The PHP Foundation has acknowledged that indecision and a shortage of resources delayed a fix for a critical security flaw first identified in 2024, calling the stalled response a “structural failure.” Government agencies and other organizations worldwide took websites offline Wednesday as a precaution while PHP released emergency patches for two related critical vulnerabilities. The flaws could allow unauthenticated attackers to execute code on affected servers without logging in. PHP is a programming language widely used to power websites and web applications, including content management systems. In a blog post following the release of the patch, the foundation described how its developers first found signs of the vulnerability in 2024, but struggled to come up with a solution without disrupting the large ecosystem of software built using PHP. “Combined with the lack of a known path to remote code execution and the small team of core developers with the necessary deep knowledge of the engine occupied with many responsibilities, this decision process caused work on a fix to stall and restart repeatedly over months,” said the foundation.

Rising oil sands output and the return of Venezuelan oil to the U.S. oil market put pressure on Canadian heavy crude prices

SpaceX merger commentary is arguably the biggest thing on the minds of Tesla investors right now — and Musk had nothing new to offer on Wednesday.

Meta’s core advertising business delivered a strong quarter, but investors are eyeing promising new businesses around the Muse personal assistant