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Blockonomi
Cryptocurrency News & Your Guide to the Blockchain Economy
10/22/2026 05:40 PM IBM Stock: BMO Raises Target to $265, but Doubts Remain
TLDR BMO Capital raised its IBM stock price target to $265 from $230 while maintaining Market Perform. IBM reported third-quarter revenue of $17.1 billion and adjusted earnings of $2.95 per share, beating estimates. Software revenue increased 8%, but weaker underlying growth kept BMO cautious about the company’s outlook. IBM raised its annual free cash flow [...]
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10/22/2026 05:21 PM Spotify Stock Jumps 8.6% as Q4 Profit Outlook Beats Estimates
TLDR Spotify stock climbed 8.6% after its fourth-quarter operating income forecast exceeded Wall Street expectations. Spotify expects €820 million in fourth-quarter operating income, compared with analysts’ €813.4 million estimate. The company projects 316 million premium subscribers by year-end, above the 314.7 million analyst forecast. Third-quarter revenue reached €4.97 billion, while earnings per share of €2.48 [...]
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10/22/2026 05:00 PM Coinbase Hit With €3.25M Irish Fine Over Customer Funds
TLDR Ireland’s central bank imposed a €3.25 million fine on Coinbase Ireland over customer fund protection and outsourcing failures. The regulator found weak internal controls and excessive reliance on Coinbase’s US operations. Coinbase said errors left its safeguarding account underfunded by an average of 0.54% during 2023 and early 2024. Coinbase maintained that no customers [...]
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10/22/2026 02:45 PM POP.Game: How a Player-First Philosophy Shapes Its Premium Identity
Plenty of crypto casinos try to win players over with the size of their game library or the number of promotions on offer. POP.Game set out to compete on something else. The premium, crypto-friendly sports betting and casino platform wants to raise the standard for the whole player experience, and the idea behind that goal is [...]
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10/22/2026 10:54 AM Trump Avoids Saying “Crypto” at White House Cybercrime Roundtable
TLDR Trump hosted a White House cybercrime roundtable on Wednesday and said Americans lost more than $20 billion to cybercrime in 2025. He said officials froze $1 billion in “cybercurrency tied to foreign scammers” and prevented $1.6 billion in losses. Trump, Attorney General Todd Blanche and Homeland Security Secretary Markwayne Mullin did not use the [...]
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10/22/2026 10:52 AM Tether Invests in Peso to Bring USDT Payments to Latin America
TLDR Tether led a pre-seed funding round in Bolivian fintech Peso but did not disclose the size of the investment. Peso plans to expand its USDT payment services across Bolivia, Brazil, Colombia and Argentina. The company has added USDT payments to Yango’s food delivery service in Bolivia. Lending platform Tala partnered with digital wallet El [...]
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10/22/2026 10:50 AM American Bankers Association Says OCC GENIUS Act Rules Undermine Congress
TLDR The American Bankers Association criticized the OCC’s final GENIUS Act rules on stablecoin issuance and custody. The OCC dropped a proposed provision that would have presumed certain third-party yield arrangements break the law. The ABA says issuers can now offer yield-like rewards through affiliates and exchanges while avoiding the ban. The Blockchain Association backed [...]
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10/22/2026 10:46 AM Qubic Restarts Blockchain After $1.3 Million Wallet Hack
TLDR Qubic restarted its blockchain on Oct. 19 after a thief drained 1,404 wallets of nearly $1.3 million in QU tokens. The attacker exploited weak wallet recovery seeds, not the blockchain itself. The flaw hit wallets made on iPhone and iPad browsers, Safari on Macs, and older Qubic iOS apps. About 87.1% of stolen tokens [...]
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10/22/2026 10:43 AM Irish Drug Dealer’s Lost Bitcoin Fortune Moves Again as $41 Million Goes to Coinbase
TLDR A wallet linked to convicted Irish drug dealer Clifton Collins moved 500 BTC, worth about $41.5 million, to a Coinbase Prime address on Oct. 20. It was the fifth 500 BTC transfer from Collins-linked wallets this year, bringing the total moved to 2,500 BTC, worth about $208 million. The coins had been untouched since [...]
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10/22/2026 10:41 AM Bitget Crypto Exchange Will Convert US Stocks Into rTokens
TLDR Crypto exchange Bitget is launching rToken Transfer, which lets users move eligible US-listed stocks and ETFs from outside brokerages onto its platform. The service covers more than 3,000 tokenized assets and does not require users to sell their holdings first. Transferred shares are converted into rTokens and added to users’ Bitget spot accounts. Bitget [...]
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