Daily digest covering Visa KYC breach, ESMA stablecoin crackdown, Cointelegraph sale, Coinbase spot margin, and Vitalik's crypto warning alongside market moves.

Regulation & Gov · 2026-10-08

Bitcoin fell to $81K with a 2.36% decline while Ethereum dropped to $2.4K down 4.51% on October 8, 2026. Based Visa Card disclosed a security breach that exposed some cardholders' KYC data, though the company stated funds and card credentials remained secure. The day also saw movement on ESMA's stablecoin regulatory stance, a potential sale of Cointelegraph, Coinbase's introduction of spot margin trading, and comments from Vitalik regarding cryptocurrency risks.

Previously on Telem

Weekly digest: Citi-Coinbase partnership, Kalshi $1B raise, Blast L2 shutdown 2026-10-05
Coinbase secures UAE licence for tokenised securities custody 2026-10-03
Confidential DeFi TVL hits $197.6M, up 170% in eighteen months 2026-10-02
Bridge launches OUSD stablecoin with $1B liquidity commitment 2026-10-01
Open Standard appoints Zach Abrams CEO, names five founding partners 2026-09-24