Stable will launch the second phase of its pre-deposit campaign next week, introducing per-wallet deposit limits to promote broader retail participation. The move follows Phase 1, which reached an $825 million cap within minutes amid concerns over whale dominance and fairness.

Solana co-founder Anatoly Yakovenko has questioned the security of Ethereum Layer 2 networks, arguing that multisig dependencies undermine decentralization. His critique, posted on X on October 26, 2025, highlights risks similar to those in cross-chain bridges. Ethereum co-founder Vitalik Buterin responded by affirming L2s benefit from base-layer protection against invalid blocks. The debate centers on whether current L2 designs meet core blockchain security and decentralization standards.

Senate Democrats will hold a roundtable with major crypto firms, including Coinbase and Chainlink, on October 22, 2025, to discuss digital asset regulation. The meeting follows the collapse of bipartisan DeFi rule negotiations. A leaked Democratic draft proposal faced criticism from Republicans and industry leaders for being overly restrictive. Progress on broader legislation remains paused amid ongoing regulatory uncertainty.

Cryptocurrency exchange Kraken has completed its largest funding round to date, raising $500 million in September 2025 without appointing a lead investor. The self-led initiative values the company at $15 billion and will support its global expansion strategy and planned public listing in 2026, bolstered by strong Q2 2025 financial performance.