RBI Probes Offshore Crypto Cards in India
RBI and FIU examine offshore crypto cards like RedotPay amid concerns over FEMA compliance, foreign payments, money laundering risks and reported card restrictions in India.
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RBI and FIU examine offshore crypto cards like RedotPay amid concerns over FEMA compliance, foreign payments, money laundering risks and reported card restrictions in India.
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ED investigates suspected ₹5,000 crore crypto transfers under FEMA after searches in Bengaluru and Madhya Pradesh, uncovering offshore shell companies, OTC deals and alleged foreign payments through Binance and Bybit.
EtherWorld Weekly #388 covers Ethereum’s latest protocol decisions, Hegotá developments, crypto news, security updates, podcasts, jobs, and upcoming events.

Devcon 8 brings Ethereum’s global developer community to Mumbai on November 3–6, 2026, for four days of innovation, collaboration, and decentralized technology.
Polymarket suffered a $2.6 million security breach on October 29 after malicious code in a third party monitoring script compromised around 700 user wallets.
Trezor warns of a hidden implant in a Safe 5 wallet sold by CryptoBilis as Singapore reports S$3.5 million in losses from tampered Ledger devices.
Binance reports a $6.3B security breach linked to a compromised DevOps laptop. Tether, Circle and other partners freeze $3B as investigations continue.
ED investigates ₹5,000 crore in alleged unauthorized crypto transfers involving Mudrex, Saber.money, offshore entities, Binance, Bybit and Instadapp.
Ethereum core developers advanced five proposals for Hegotá, deferred two validator deposit-related decisions, and left Glamsterdam's execution payload bid gossip rules unresolved during All Core Developers Consensus (ACDC) Call #190, held on October 29, 2026. The most significant outcome was the unanimous selection of EIP-8015 for Scheduled for Inclusion (SFI), while four networking and validator improvements moved to Considered for Inclusion (CFI). Developers also outlined a phased Hegotá
ICE invests in trade.xyz to launch a CFTC approved US venue for 24/7 Hyperliquid futures covering equities, indices, commodities, FX and crypto.
Trenton Johnston receives 25 months in prison for a $13 million Bitcoin scam involving fake Google and Trezor support calls, luxury spending and $3.8 million in returned crypto.
Google launches an MPC-based crypto custody service for banks, with support for Ethereum and plans for a wider rollout in early 2027.
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