When crypto markets plunged on Oct. 10–11, 2025, the sell-off triggered one in all the sharpest and quickest liquidations ever recorded in digital asset buying and selling. CoinGlass information recorded greater than $19.16 billion in positions worn out inside 24 hours, with over 1.6 million merchants affected throughout main exchanges. While a number of giant…
A category motion lawsuit filed within the Southern District of New York accuses Meteora co-founder Benjamin Chow of orchestrating a scientific fraud scheme that weaponized superstar endorsements from Melania Trump and Argentine President Javier Milei to defraud retail crypto buyers of at the very least $57 million. The Second Amended Class Action Complaint alleges Chow…
Solana’s DeFi ecosystem is witnessing its most controversial token launch ever. Meteora (MET), the protocol controlling 26% of Solana’s DEX market share and $829 million in whole worth locked, is releasing 480 million tokens to the public with ZERO vesting interval. That’s 48% of the whole provide hitting the market concurrently, shattering each conference in…
According to feedback from the creator of the stock-to-flow mannequin, the acquainted four-year cycle tied to Bitcoin halvings could now not be a positive information for merchants. The analyst — referred to as PlanB — warned that utilizing simply three previous cycles to foretell future tops is dangerous, and he stated the subsequent peak shouldn’t…
The National Hockey League (NHL) has reached licensing agreements with prediction market platforms Kalshi and Polymarket, making it the primary major US skilled sports league to allow using its emblems by prediction markets, or “licensed betting markets.” As The Wall Street Journal reported on Oct. 22, the multiyear offers grant each platforms rights to use…
Self-custodial cryptocurrency pockets Bitget Wallet introduced that it has expanded its integration with the Plasma mainnet to allow smoother cross-chain token transfers. Users can now bridge belongings from networks reminiscent of Solana and BNB Chain into Plasma whereas accessing its decentralized software ecosystem instantly throughout the pockets. This enhancement builds on Bitget Wallet’s earlier assist…
In a latest letter, a number of Senate Democrats have raised considerations a few potential breach of federal ethics legal guidelines because of the US Special Envoy to the Middle East’s failure to divest from his crypto asset holdings. US Senators Question Witkoff’s Crypto Holdings On Wednesday, eight Senate Democrats, led by Senator Adam Schiff,…
Bitcoin’s October pullback displays a “liquidity-driven mid-cycle reset,” mentioned analysts Nathan Frankovitz and Matthew Sigel in a VanEck market report on Wednesday. “Leverage has normalized, on-chain exercise is rising, and digital belongings’ macro function continues to strengthen,” they added. Bitcoin is at the moment buying and selling down 14% from its all-time high and has…
Bunni, a decentralized alternate (DEX) constructed on Uniswap v4, has stopped operations after dropping $8.4 million in a current exploit. The crew behind Bunni stated they don’t have sufficient cash to soundly restart the undertaking. Bunni Closes Over Lack of Funds Bunni announced on September 2, 2025, that it had fallen sufferer to a hack…
Decentralized trade Bunni has formally introduced that it’s going to shut down operations following an $8.4 million exploit in early September, changing into the second crypto mission to fold this week amid a wave of setbacks throughout the decentralized finance (DeFi) sector. Key Takeaways: Bunni DEX is shutting down after a $8.4 million exploit drained…