Drift exploiter sends $109M in Ether to Tornado Cash in 2 days

US spot Ether ETFs have shed $1.08 billion so far in October, the biggest monthly outflow of 2026, while Bitcoin ETF inflows slowed after Monday’s spike. The cash drain from US spot Ether exchange-traded funds (ETFs) rolled on as the funds surpassed $1 billion in withdrawals so far in October. Ether ETFs net outflows totalled $1.08 billion since the start of October after adding $26 million on Tuesday, according to SoSoValue data. The month’s withdrawals erased September’s $832 million in net inflows, leaving year-to-date net inflows at approximately $485 million. October has already recorded the largest monthly net outflow since November 2025, with eight trading sessions still to go. Monthly flows in US spot Ether ETFs. Source: SoSoValueThe outflows coincided with Ether’s 9.7% slide in October, from $2,700 to $2,438 at publication. ETH was down nearly 18% throughout 2026, according to CoinGecko. Meanwhile, Bitcoin ETFs recorded $23 million in net inflows on Tuesday, adding to $527 million on Monday. US spot Bitcoin ETFs have recorded about $67 million in net outflows in October, leaving net inflows for the year at roughly $809 million, according to SoSoValue.

US spot Bitcoin and Ether exchange-traded funds (ETFs) saw $549 million in net outflows last week as investors continued pulling money from two of the largest crypto funds. Bitcoin ETFs recorded around $229 million in weekly net outflows, while Ether funds posted even higher withdrawals at $320 million, according to SoSoValue data. The latest withdrawals marked a second consecutive week of losses for Bitcoin ETFs and a third for Ether funds. Outflows slowed from the previous week, when the two recorded $1.22 billion in net outflows. Spot Ether ETFs have recorded roughly $955 million in net outflows so far in October, more than in any other month this year. Monthly flows in spot Ether ETFs. Source: SoSoValueEther (ETH) fell 5% over the past seven days to around $2,433, while Bitcoin dipped 1.3% to $82,783 at the time of publication, according to CoinGecko data. Despite the withdrawals, both Bitcoin and Ether ETFs remain in positive territory for 2026, with Bitcoin ETFs attracting roughly $259 million in net inflows year-to-date and Ether ETFs drawing about $610 million.

Oct 21, 2026, 7:00 a.m. EDT5 min readComptroller of the Currency Jonathan Gould (Nikhilesh De/CoinDesk)SummaryThe U. S. agency that regulates national banks and trusts has issued the first final rule putting the GENIUS Act into place in January, though a number of other regulators are still working on other parts of the implementation. The section on stablecoin yield doesn't offer a lot of detail on what activity may fall under the law's wide prohibition of such yield from issuers, but the crypto industry has already interpreted GENIUS to permit the rewards programs that have become commonplace with stablecoin activity on exchanges. The final rule states that pre-existing rewards programs won't get special treatment as the OCC assesses which ones pass regulatory muster. U. S. crypto exchanges that have long been giving people rewards for usings stablecoins will have to get the agency to sign off on those existing programs, according to the U. S. Office of the Comptroller of the Currency, the first federal banking regulator to issue a final rule under the Guiding and Establishing National Innovation for U. S. Stablecoins (GENIUS) Act. The OCC, which oversees U. S.

AT&T’s fiber business was the star of the show in Wednesday’s third-quarter earnings report.

Decentralized exchange PancakeSwap’s total value locked (TVL) grew nearly 19% over the past week, adding about $380 million as the protocol moves toward a major overhaul of how it distributes trading fees to liquidity providers. According to DefiLlama, PancakeSwap’s TVL climbed to $2.4 billion on Wednesday, up from about $2.02 billion on Oct. 14. The increase was concentrated in its V3 liquidity pools, where TVL more than doubled to about $739 million from $336 million over the same period. The growth coincided with PancakeSwap opening a governance vote on a proposal called “The Flip,” which would increase liquidity providers’ share of swap fees on V3 and Infinity pools to 88%, up from 66%-68% on most pools. The proposal would also gradually reduce daily CAKE token emissions by approximately 69%, from 22,500 to 7,000 tokens. Voting opened on Wednesday, Oct. 21, and will run until Oct. 24, with implementation expected to begin in November if approved.

Open this photo in gallery:People walk past an AT&T store in Chicago, Ill., in 2018. The company added 379,000 net monthly bill-paying wireless subscribers in its third quarter. Jonathan Weiss/JetCity Image/iStockPhoto / Getty ImagesAT&T T-N raised its annual adjusted profit forecast on Wednesday after beating quarterly revenue and profit estimates, betting on its service bundles to drive growth and help prevent customers from switching to rivals. About 43 per cent of households signing up for AT&T’s internet services also opt for its wireless plans, helping the company build stickier customer relationships and reduce disconnects as competition intensifies in the U. S. telecom market. AT&T added 379,000 net monthly bill-paying wireless subscribers during the third quarter, largely in line with the 379,300 additions estimated by FactSet. The company now expects annual adjusted profit per share of about US$2.40, compared with its prior forecast of US$2.25 to US$2.35. CPPIB forms joint venture with AT&T, BlackRock’s GIP to expand fibre-optic networkU. S.