Babylon Labs plánuje na Aave V4 půjčky zajištěné BTC, přičemž BTC zůstane ve vlastních Taproot UTXO v síti Bitcoin. Spuštění na hlavní síti stále vyžaduje nastavení rizikových parametrů a další hlasování Aave DAO.
Babylon Labs is pushing forward a plan to let people borrow on Aave V4 using Bitcoin that never leaves the Bitcoin network.
The pitch is simple. Your BTC stays put, you borrow against it, and nobody has to hold your coins for you.
The catch, as with most things in DeFi governance, is that the paperwork isn’t finished. Risk parameters still need to be set, and more Aave DAO votes are required before anything goes live on mainnet.
How the setup actually works
The proposal is built on Babylon’s Trustless Bitcoin Vaults protocol, or TBV. Instead of wrapping BTC into a token on another chain, TBV locks the coins in self-custodial Taproot UTXOs on Bitcoin itself.
Think of it as a safe deposit box with programmable rules. The box sits on Bitcoin, and the rules decide when the contents can move.
Those rules are enforced through Taproot scripts and zero-knowledge proofs. Put plainly, cryptography plays the role a custodian normally would, and no third party ever holds the keys.
On the Aave side, deposits show up through an internal accounting unit called vaultBTC. It acts as a verifiable record of the BTC sitting in vaults, which Aave can then treat as collateral.
The integration leans on Aave V4’s modular design, which organizes markets into components called spokes. Babylon’s plan adds two of them.
The first is the Babylon Core Lending Spoke. This is where borrowers would post vault-backed BTC and take out assets such as USDC, USDT and WBTC.
The second is the BTC Vault Swap Spoke. Its job is to handle the messy part of lending: liquidations.
The WBTC twist in liquidations
Every lending market lives or dies by its liquidations. When a loan’s collateral falls below a safe threshold, outside parties called liquidators step in, repay the debt and collect the collateral at a discount.
That works smoothly when the collateral is a token sitting on the same chain. It gets awkward when the collateral is locked BTC on an entirely different network.
Babylon’s answer is to keep the collateral on Bitcoin while settling liquidations in WBTC. Through the BTC Vault Swap Spoke, liquidators would receive WBTC immediately rather than waiting on native BTC to move.
So liquidators get a familiar asset they can use right away on Ethereum. Borrowers, meanwhile, never had to wrap anything going in.
The design keeps liquidations permissionless, meaning anyone can act as a liquidator. Babylon has published documentation on the liquidation model in its developer docs.
Importantly, control over risk settings stays with the Aave DAO. Babylon builds the plumbing, but tokenholders decide how much can be borrowed and when positions get closed out.
A timeline measured in governance phases
Babylon and Aave first announced their partnership on December 3, 2025. The idea moved into Aave’s formal process with a DAO temperature check that began on May 25, 2026.
A temperature check is Aave’s version of a show of hands. It gauges interest before a proposal moves into the heavier ARFC and AIP stages, which are the detailed request-for-comment and final on-chain vote phases.
Public testnet deployment for native BTC-backed borrowing was active by October 2026. Around the same time, HashKey Cloud’s integration of TBV for institutional clients was confirmed on October 7, 2026.
That institutional piece matters. Custody-wary funds have often been the loudest critics of wrapped Bitcoin, so a trust-minimized route may appeal to exactly that crowd.
Still, testnet is testnet. Real money hasn’t touched this design yet, and the remaining ARFC and AIP phases are where proposals tend to get picked apart line by line.
Why this matters for Bitcoin in DeFi
Bitcoin has always had an awkward relationship with DeFi. It’s the largest crypto asset, yet using it in lending markets has usually meant wrapping it and trusting someone to hold the real coins.
That tradeoff has kept plenty of long-term holders on the sidelines. For a group whose motto is roughly “not your keys, not your coins,” handing BTC to a custodian is a tough sell.
Babylon’s model tries to remove that objection entirely. If it works as described, holders could tap lending markets without ever giving up custody.
There’s also an interesting second-order effect on Aave itself. The protocol holds one of its largest token supplies in WBTC, but borrow demand for that WBTC has historically lagged.
In other words, a lot of WBTC sits in Aave’s pools doing very little. Since liquidators in Babylon’s design get paid in WBTC and borrowers can take out WBTC, the integration could potentially put more of that idle supply to work.
What to watch
The first thing to track is the risk parameters. Loan-to-value ratios, liquidation thresholds and supply caps will determine whether this is a niche experiment or a serious Bitcoin borrowing venue.
Conservative settings would limit early risk but also limit appeal. Aggressive ones would attract borrowers while putting more weight on the untested liquidation path.
The second is how the WBTC settlement holds up under stress. A design that pays liquidators instantly needs enough liquidity behind it during a sharp BTC drawdown, which is precisely when everyone wants out at once.
The third is competition. Wrapped Bitcoin products have long dominated BTC collateral in DeFi, and a credible native alternative on the largest lending protocol would put pressure on custodial models to justify their trust assumptions.
For BTC holders, the appeal is clear: borrowing power without surrendering custody. For Aave, it’s a shot at drawing in a huge pool of capital that has mostly stayed on the sidelines. Whether both sides get what they want now depends on a few more rounds of DAO voting.
Disclosure: This article was edited by Estefano Gomez. For more information on how we create and review content, see our Editorial Policy.
Uniswap na síti Ethereum spustil pool ETH/USDC s oddělenými dynamickými poplatky za nákup a prodej, které se při každém swapu přepočítávají podle nedávného vývoje ceny.
Uniswap has decided that buying and selling ETH should not always cost the same. On October 14, 2026, the exchange switched on its VolatilePair Hook on Ethereum mainnet, starting with an ETH/USDC pool.
The pitch is simple. Instead of one flat fee for everyone, the pool charges two separate fees, one for buys and one for sells, and adjusts both based on where the price has been heading.
How the VolatilePair Hook works
The VolatilePair Hook replaces a single fee with two dynamic fees. Both are recalculated on every swap, using recent price movements as the input.
The second piece is a temporary surcharge. It applies to trades that correct price deviations after large market shifts.
Those correcting trades are typically where liquidity providers get hurt. When the broader market moves and a pool’s price lags behind, arbitrageurs step in to close the gap, and with a static fee, they capture that spread at the expense of the people who deposited funds.
The surcharge is designed to claw some of that value back. Uniswap frames it as protection for liquidity providers against losses from static-fee arbitrage.
The numbers behind the bet
Uniswap is not launching this into a quiet corner of its business. Trading on volatile pairs has topped $500 billion on the exchange so far in 2026.
The VolatilePair Hook also has a sibling with a track record. In September 2026, Uniswap introduced the StablePair Hook, aimed at stablecoin pairs such as USDC/USDT.
That product reached $3.1 billion in trading volume across stablecoin pools within its first four weeks.
Governance keeps the dials adjustable
One notable design choice is that the hook’s parameters and fee logic can be recalibrated through Uniswap governance.
Uniswap says the setup supports future enhancements without requiring complex migrations. Liquidity providers can move their positions into the new pool, and later upgrades are meant to happen around them rather than forcing another move.
What this means for liquidity providers and traders
For traders, the change introduces a new variable. The cost of a swap may now depend on which direction they are trading and what the market has just done, so the quoted fee is no longer a fixed constant to tune out.
The metrics to watch are how much liquidity migrates into the new pool, how its volume compares with the StablePair Hook’s $3.1 billion debut month, and whether governance ends up tweaking the surcharge once real trading data comes in.
Disclosure: This article was edited by Estefano Gomez. For more information on how we create and review content, see our Editorial Policy.
Uniswap [UNI] showed signs of a potential reversal after buyers defended the $6.80 daily demand zone.
The rebound produced a bullish shift on the hourly chart, following the setup outlined in AMBCrypto’s earlier analysis.
Meanwhile, Uniswap reported that v4, its fourth-generation decentralized exchange protocol, processed over $44 billion in 30-day Trading Volume.
With buyers regaining ground and protocol activity growing, UNI’s recovery had support from two fronts. Whether that translates into sustained gains would depend on demand for the altcoin itself.
Source: TradingView
Can UNI buyers build on THIS?
On the hourly chart, UNI’s positive reaction at $6.80 strengthened the recovery setup. Buyers defended the daily demand zone before breaking the recent bearish pattern, suggesting short-term momentum was turning bullish.
For holders, this offered an encouraging change after the altcoin’s recent weakness. However, an hourly reversal still needs follow-through before supporting a broader recovery.
On the daily chart, UNI traded above its 20-day, 30-day, and 50-day Exponential Moving Averages (EMAs). That positioning supported the bullish outlook. Buyers would need to sustain the rebound, as renewed selling could undermine their recently regained control.
Source: TradingView
Could crowded UNI longs threaten the recovery?
The Long/Short Ratio data showed longs accounting for roughly 63% of the tracked positioning, indicating a clear bullish preference. That bias could accompany further gains if Spot demand strengthens. However, leveraged longs can also become vulnerable when buying pressure fades.
If UNI reverses, forced closures could amplify selling and put the recovery under pressure. The next test is whether buyers continue supporting the price after the initial bounce.
Long positioning alone would give bulls limited protection against another rejection.
Source: Coinalyze
Can Uniswap v4 activity help UNI reach $11?
Uniswap v4’s $44 billion in 30-day Trading Volume represented approximately 49.9% of volume across Uniswap versions. That showed substantial usage of the latest iteration.
However, protocol Trading Volume measures swaps across supported tokens, rather than buying demand for UNI alone.
For now, defending $6.80 and reclaiming the hourly trend favored buyers. Sustained demand could help the altcoin advance toward overhead liquidity.
The Liquidation Heatmap showed a cluster worth approximately $535.10 million around $11, making that area a potential upside objective.
Source: CoinGlass
Still, the cluster does not guarantee a move to $11. Renewed weakness or a sharp unwinding of longs could interrupt the recovery before UNI reaches that level.
Final Summary
UNI’s defense of $6.80 supported a recovery, while crowded longs could amplify losses if demand weakens.
Uniswap v4’s growing usage strengthened the adoption case; $11 remained a conditional liquidity target for UNI.
Soudy DIFC v Dubaji využívají Avalanche C-Chain k ověřování soudních příkazů a záznamů z jednání odkudkoli na světě během několika sekund, aniž by zveřejňovaly obsah dokumentů on-chain.
Dubai International Financial Centre (DIFC) Courts is using Avalanche to make documents verifiable anywhere in the world, as the network also moves into the UAE’s national digital identity infrastructure.
A court order is only useful if the institution receiving it can trust that it is real. That gets more complicated when the court is in Dubai, the recipient is a bank or company thousands of miles away, and the two have no existing relationship.
The question matters most for a court whose documents are meant to travel. Any two parties, anywhere in the world, can choose the Dubai International Financial Centre (DIFC) Courts as the forum for their commercial disputes by including a single clause in their contract, with no UAE connection required. When a DIFC Courts document is used in another jurisdiction, the recipient may need to establish both its legal status and its authenticity.
That problem is particularly relevant for the DIFC Courts. The independent, English-language common law jurisdiction has been open to businesses worldwide since 2011, and any two parties can choose it as the forum for a commercial dispute regardless of whether either has a connection to the UAE. Its documents, in other words, are designed to travel.
The systemThe DIFC Courts are an independent, English-language common law jurisdiction in Dubai. Established in 2004, they have been open to businesses worldwide since 2011, and they operate at 99 percent digital.
Court orders and hearing records issued by the DIFC Courts carry a unique, non-transferable digital authenticity credential. A recipient anywhere in the world can use it to confirm, within seconds, that the DIFC Courts issued the document and that the file is identical to the version recorded at issuance.
Documents covered: court orders and hearing records
Time to verify: seconds, from anywhere in the world
Network: Avalanche C-Chain, Avalanche's public blockchain
Recorded onchain: a cryptographic hash of the document and the credential, and nothing else
Credential: non-transferable, representing no ownership, monetary value or transferable right
What Avalanche makes possibleVerification from anywhereWhen the DIFC Courts issue a court order or hearing record through their existing digital document infrastructure, a cryptographic hash of the file is linked to a unique NFT-based credential recorded on Avalanche. This creates a timestamped record tying the credential to the document as issued. A recipient checks the file against the credential, a match confirms that the DIFC Courts issued the document and that it has not changed. If anything in the file has been altered, the check fails.
Because the record sits on Avalanche's public blockchain, verification does not depend on access to the Courts' internal systems. The record also settles quickly. For parties who choose the DIFC Courts, the credential resolves the authenticity step of using a court document abroad.
Verification without disclosureBecause Avalanche is a public network, the system is designed to make authenticity verifiable without making the underlying document public. Only a cryptographic fingerprint of the document and its authenticity credential are recorded onchain while the document itself, its contents, and any confidential case information remain private. The credential exists solely to verify that the document is the version issued by the DIFC Courts. It carries no ownership, monetary value or transferable right in the underlying judicial document.
A model for other institutionsHis Excellency Justice Omar Al Mheiri, Director of DIFC Courts, summarized the principle behind the system: "Confidence in the authenticity of a court document should not depend on geography." As one of the institutional pillars of Dubai's economic growth strategy, the DIFC Courts frame the initiative as support for the objectives of the Dubai Digital Strategy and the Dubai Economic Agenda D33.
For any business weighing blockchain, the features that matter here are practical ones. The system runs behind the Courts' existing document infrastructure, so the people who use it do not have to change how they work. Confidential data never goes onchain. Verification does not depend on access to the issuer's systems. Records on Avalanche also settle in under a second, with no way to roll them back.
"The strongest blockchain applications are often the ones people barely notice," said Ava Labs Chief Business Officer John Nahas. "DIFC Courts is using Avalanche to make critical documents verifiable across borders in seconds while keeping confidential information offchain. It is a powerful example of trusted institutions adopting purpose-built infrastructure without asking people to change how they interact with them."
The same direction in UAE digital governmentThe DIFC Courts are not alone among UAE public bodies in turning to Avalanche for verified documents. The Telecommunications and Digital Government Regulatory Authority (TDRA) is working with Deca4 and Ava Labs to bring Avalanche technology into the blockchain layer behind the Digital Vault in UAE PASS, the national digital identity platform. The Digital Vault lets users store, request and share verified government documents, and UAE PASS serves more than 12.5 million people across more than 15,000 services.
The two systems serve different audiences. A national identity platform mostly serves people inside the UAE. A court whose jurisdiction any two parties can choose issues documents that travel to recipients who may have no connection to the UAE at all. That is why a public chain fits the court's case. What the two systems share is the requirement. A document issued by a public authority should be checkable by whoever receives it.
ConclusionGo back to the bank from the start of this piece. When a court order from the DIFC Courts arrives, the bank no longer has to contact the Courts to find out whether it is real. It checks the file against the credential on Avalanche's public blockchain. If the file matches, the DIFC Courts issued it and no one has changed it since. If anything has been altered, the check fails. Whether the order applies in the bank's country is still a legal question, but whether the document is genuine can now be answered across borders.
SkyAI prodala 1 milion tokenů SOL za zhruba 107 milionů USD a může v prodeji pokračovat; akcionář Bastion Trading kvůli nedostatečnému zveřejnění informací odmítá nabídku odkupu.
Nasdaq-listed company SkyAI, which centers its digital asset reserves on Solana, previously held over 2 million SOL tokens. Since October, the firm has transferred around 1.57 million SOL, valued at roughly $175 million; SkyAI disclosed it recently sold 1 million SOL for approximately $107 million, and noted it may continue selling. On-chain data shows its average purchase price was around $194, with an unrealized loss of over $160 million based on recent prices. A Form 8-K filed on October 13 revealed the company’s SOL holdings had dropped to roughly 600,000 tokens, a nearly 70% reduction from the "over 2 million" figure cited in mid-September. The timing of the sales, average transaction price, and approval process were not fully disclosed to shareholders previously. Major shareholder Bastion Trading, which holds approximately 9.99% of outstanding common shares, issued a statement today expressing serious concerns over SkyAI’s cash tender offer announced on October 11, stating it will not participate until its concerns are adequately addressed. The firm demanded immediate full disclosure of SOL disposal details, an independent review, a board restructuring, and an increase of the tender offer price from $3.00 per share to at least $3.50 per share, among other requests. Bastion Trading also noted that at the 2026 annual general meeting, all five incumbent directors received far more abstentions than votes in favor, with some ratios approaching 3-to-1, questioning whether the current board, having lost shareholder confidence, still leads the sale of core reserves and the tender offer.
Internet Computer dosáhl v uplynulém týdnu průměrně 1 816 transakcí za sekundu, zatímco Solana vedla s 1 896 transakcemi za sekundu; rozdíl činil přibližně 80 transakcí za sekundu.
Internet Computer (ICP) averaged about 1,816 transactions per second over the past week, narrowing the gap with Solana (SOL), which still leads at 1,896 tx/s, per Chainspect data.
Internet Computer is closing in on Solana in real-world throughput. Over the past week, @dfinity's network averaged about 1,816 transactions per second (tx/s), according to @chainspect_app data.
@Solana still leads the metric at 1,896 tx/s. However, $SOL's figure has fallen by nearly 1% over the period, while the throughput of $ICP, the native token of Internet Computer, has climbed by 6.33%. On those numbers, the gap between the two networks is now around 80 tx/s.
How the gap has narrowedThe latest reading is a notable shift from recent snapshots. In mid-September, Chainspect's weekly ranking put Solana at 1,710 tx/s and Internet Computer at 1,502 tx/s, a difference of 208 tx/s, Hokanews reported. In that ranking, BNB Chain was third at 213.7 tx/s, well behind both networks.
Rankings between the two chains have also swung with the measurement window. Chainspect figures cited by The Crypto Times showed Solana ahead on a one-hour basis in August, at 1,635 tx/s versus 1,309 tx/s for Internet Computer. By contrast, a May report from Bankless Times said Internet Computer averaged 2,554 tx/s over a week, against 1,153 tx/s for Solana. Short-term load can move these figures considerably.
Why the numbers differThe two networks are built differently. Internet Computer splits its workload across more than 49 independent subnets, each running its own consensus, which lets the chain scale horizontally rather than through a single execution layer, Bitget News reported citing Chainspect. Solana relies on a single high-speed chain.
Chainspect's cumulative data also shows Internet Computer ahead on lifetime transactions. As of 11 August, it recorded a total of more than 298 billion for Internet Computer, compared with 121 billion for Solana, according to The Crypto Times.
Throughput is only one measure of network health. Usage and token valuation have not moved in step: Startup Fortune noted that ICP traded near $2.11 even as Internet Computer's cumulative count passed 300 billion transactions. Whether Internet Computer can overtake Solana on weekly real TPS will depend on whether the recent trend holds.
SourcesChainspect: Solana vs ICP comparison
The Crypto Times: Internet Computer (ICP) tops blockchain transactions chart
Hokanews: Solana, Internet Computer lead crypto networks in real TPS
Tokenizované produkty Ondo Finance dosáhly TVL ve výši 4 miliard USD; tokenizované akcie a ETF přesáhly 1,3 miliardy USD. Počet držitelů všech produktů překonal 1 milion.
Ondo Finance has announced that the total value locked (TVL) of its tokenized products stands at $4 billion, with tokenized stocks and ETFs exceeding $1.3 billion. The firm noted it holds the leading position in the tokenized U.S. Treasuries segment, with cumulative holders of all its products surpassing 1 million. Ondo Finance’s tokenized products can be permissionlessly transferred across networks including Solana, Ethereum, and BNB Chain, while Ondo Stocks accesses traditional financial liquidity via a request-for-quote (RFQ) mechanism.
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Ledger: German retail and distribution inventory devices show no signs of tampering, and no financial loss reports have been received across Europe.
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Beating AI Express News: xAI has launched its speech-to-speech model Grok Voice 3.0, claiming it ranks first on the Speech-to-Speech Index in an independent test by Artificial Analysis, scoring 86.9 points—higher than Grok Voice 2.0 (81.3), GPT-Live-1 (83.2), and Gemini 3.8 Live (82.6). The model also features end-to-end latency of under 1 second. It is now available via the Voice Agent API, priced at $0.08 per minute, matching the previous generation; agents using the "grok-voice-latest" tag will automatically switch to the new model. According to xAI, Grok Voice handles millions of daily conversations for Tesla and SpaceX: Starlink’s customer service center receives around 20,000 calls daily, with roughly 70% resolved without human intervention, and about a quarter of sales calls resulting in a purchase before the call ends. On benchmarks, Grok Voice scores 74% accuracy on ServiceNow EVA-Bench and 71.6% on τ-Voice, which the company says is comparable to GPT-Live-1 but with roughly 40% lower latency.
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White House Crypto Committee 'effectively defunct' as Executive Director Patrick Witt’s secondment is set to expire.
Crypto journalist Eleanor Terrett said she emailed the White House three times over the past week to inquire whether Patrick Witt still serves as executive director of the White House Crypto Council, and received no reply. Witt himself declined to comment.
Sources familiar with the matter disclosed that Witt, a U.S. Department of Defense employee temporarily seconded to the White House Crypto Council, has reached or is nearing the end of his secondment, with his reappointment status unclear. Earlier this year, he delayed his service in the Georgia National Guard, and is expected to resume his military service soon.
Terrett added that Harry Jung, deputy director of the White House Crypto Council, left his post at the end of July, and after David Sacks’ tenure as Crypto and AI “tsar” concluded, Witt is now the only remaining staff member of the council.
The crypto policy community is now debating: after the CLARITY Act (officially the Crypto Market Structure Act) failed to advance in the Senate, whether the White House still prioritizes the crypto industry.
The relevant personnel changes have not yet been officially confirmed by the White House.
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US stocks slump, with the optical communication sector leading the decline; semiconductor, storage, and crypto-related stocks all fall across the board, and Strategy drops 5.8%.
According to market data from BIT (bit.com), during U.S. stock trading hours, the S&P 500 index’s decline widened to 1.1%, the Nasdaq fell 1.64%, and the Dow Jones Industrial Average dropped 0.3%. Semiconductor, storage, optical communication, and crypto-related stocks all fell across the board, with the optical communication sector leading losses, as most major individual stocks in the sector declined by over 7%. In the semiconductor and storage sectors: Seagate Technology (STX) fell 2.8%; Western Digital (WDC) dropped 3.2%; SanDisk (SNDK) declined 4.7%; Micron Technology (MU) fell 3.3%; NVIDIA (NVDA) dropped 2.9%; Intel (INTC) fell 4.2%; Advanced Micro Devices (AMD) declined 5.3%. Among crypto-related stocks: Strategy (MSTR) fell 5.8%; Coinbase (COIN) dropped 4.6%; Circle (CRCL) declined 6.4%; BitMine Immersion (BMNR) fell 5.3%; SharpLink Gaming (SBET) dropped 7.4%. In the optical communication sector: Pure Photonics ETF (FOTO) fell 6.2%; Marvell Technology (MRVL) dropped 5.8%; AAOI (Applied Optoelectronics) declined 9.8%; LITE (Lumentum Holdings) fell 7.2%; COHR (Coherent Corp.) dropped 7.8%; CIEN (Ciena Corporation) declined 7.8%.
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Implikovaná volatilita opcí na SOL se splatností za dva dny během týdne vzrostla o 18,3 procentního bodu, což signalizuje prudce vyšší poptávku po krátkodobém zajištění.
Solana options traders had a busy week. Implied volatility on SOL contracts with 2 days left to expiry climbed by 18.3 points over the span of a single week.
What the options market is pricing Implied volatility, or IV, is the market’s guess at how wildly an asset will swing, backed out from what people are willing to pay for options.
Data from options analytics provider Derivasys shows how jumpy that pricing has been. On October 9, 2026, SOL’s one-week at-the-money IV dropped 8.58 points to 49.63%. A later October snapshot showed the same one-week measure rising 7.16 points to 54.04%.
Zooming out a bit, the 30-day at-the-money IV sat around 54.9% as of mid-October 2026. The front expiry, meanwhile, was pricing in IV near 66.6%.
When near-dated options cost more than longer-dated ones, the volatility curve is said to be inverted, which is options-speak for “the worry is immediate.”
Realized volatility is running hot too SOL’s realized volatility over the previous 30 days came in at 64.3% as of October 2026. Here, the actual swings over the past month have outpaced the 54.9% that 30-day options are implying. Only the front expiry, at roughly 66.6%, is pricing turbulence at or above what SOL has actually delivered.
A thinner market than Bitcoin or Ethereum SOL options open interest stood at approximately $117 million as of mid-October 2026. The research describes SOL’s open interest as relatively thin compared to larger players like Bitcoin and Ethereum.
The put/call ratio sits around 0.80. Max pain, the strike price at which the largest number of options would expire worthless, was hovering at $110.
The premium over Bitcoin Spreads between SOL and BTC one-week at-the-money IV have been observed in the range of 18 to 24 points. The Derivasys data also highlights that SOL’s short-dated IV is more reactive than both BTC and ETH.
Why a 2-day tenor matters A jump of 18.3 points at that tenor suggests demand for very short-term exposure picked up meaningfully. The research points to robust hedging demand alongside the potential for speculative activity as market sentiment shifts.
Short-dated options also feed back into spot markets. Dealers who sell those contracts often hedge by trading the underlying asset, which can amplify moves in either direction when expiry approaches.
What this means for traders With 30-day realized volatility at 64.3% and 30-day IV at 54.9%, traders selling longer-dated options are effectively betting SOL calms down.
Max pain at $110 gives expiry watchers a reference point showing where option sellers would collectively prefer SOL to settle when contracts roll off.
The put/call ratio near 0.80 shows calls still lead, yet the put side carries enough weight to signal that plenty of participants want a safety net in place.
The 18 to 24 point spread over Bitcoin is a measure of how much extra turbulence SOL carries compared to the market leader. According to the research, any significant price move could trigger amplified reactions in SOL’s options market, with knock-on effects for positioning across the broader crypto landscape.
Disclosure: This article was edited by Vivian Nguyen. For more information on how we create and review content, see our Editorial Policy.
Turecké úřady v Istanbulu zadržely Richarda Hearta, zakladatele HEX, PulseChain a PulseX, na základě červeného oznámení Interpolu mimo jiné kvůli závažnému daňovému podvodu.
According to multiple Turkish media reports, early local time today, Turkey’s National Intelligence Organization (MİT) and Istanbul police launched a joint operation in Istanbul’s Beşiktaş district, arresting Richard Heart (real name Richard James Schueler), founder of HEX, PulseChain and PulseX, and his wife. The arrest was executed under an Interpol Red Notice issued by Finland at the end of 2024, on charges including aggravated tax fraud. During the operation, a large quantity of cash, dozens of luxury watches, firearms and ammunition, and electronic devices were seized; specific amounts have not been disclosed. Richard Heart is a controversial figure in the cryptocurrency space. In 2023, the U.S. Securities and Exchange Commission (SEC) sued him and his associated entities for conducting unregistered securities offerings, claiming over $1 billion in fundraising, though the case was later dismissed due to jurisdictional issues.
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3 hours ago
Hyperliquid HIP-3 Cumulative Revenue Reaches $75 Million
Hyperliquid’s HIP-3 has generated a total of $75 million in cumulative revenue, with $37.5 million going to deployers and the remaining $37.5 million allocated for repurchasing and burning Hyperliquid’s native token. HIP-3, the Builder-deployed perpetual contract mechanism, allows eligible deployers to launch their own perpetual markets on Hyperliquid: they can define oracles, contract specifications, and manage operations, while leveraging the protocol’s core infrastructure such as order books and liquidation systems. Fees from these markets are typically split 50/50 between deployers and the protocol, with the protocol’s revenue share used for token repurchases and burns.
Beating AI Express News: xAI has launched its speech-to-speech model Grok Voice 3.0, claiming it ranks first on the Speech-to-Speech Index in an independent test by Artificial Analysis, scoring 86.9 points—higher than Grok Voice 2.0 (81.3), GPT-Live-1 (83.2), and Gemini 3.8 Live (82.6). The model also features end-to-end latency of under 1 second. It is now available via the Voice Agent API, priced at $0.08 per minute, matching the previous generation; agents using the "grok-voice-latest" tag will automatically switch to the new model. According to xAI, Grok Voice handles millions of daily conversations for Tesla and SpaceX: Starlink’s customer service center receives around 20,000 calls daily, with roughly 70% resolved without human intervention, and about a quarter of sales calls resulting in a purchase before the call ends. On benchmarks, Grok Voice scores 74% accuracy on ServiceNow EVA-Bench and 71.6% on τ-Voice, which the company says is comparable to GPT-Live-1 but with roughly 40% lower latency.
3 hours ago
White House Crypto Committee 'effectively defunct' as Executive Director Patrick Witt’s secondment is set to expire.
Crypto journalist Eleanor Terrett said she emailed the White House three times over the past week to inquire whether Patrick Witt still serves as executive director of the White House Crypto Council, and received no reply. Witt himself declined to comment.
Sources familiar with the matter disclosed that Witt, a U.S. Department of Defense employee temporarily seconded to the White House Crypto Council, has reached or is nearing the end of his secondment, with his reappointment status unclear. Earlier this year, he delayed his service in the Georgia National Guard, and is expected to resume his military service soon.
Terrett added that Harry Jung, deputy director of the White House Crypto Council, left his post at the end of July, and after David Sacks’ tenure as Crypto and AI “tsar” concluded, Witt is now the only remaining staff member of the council.
The crypto policy community is now debating: after the CLARITY Act (officially the Crypto Market Structure Act) failed to advance in the Senate, whether the White House still prioritizes the crypto industry.
The relevant personnel changes have not yet been officially confirmed by the White House.
3 hours ago
US stocks slump, with the optical communication sector leading the decline; semiconductor, storage, and crypto-related stocks all fall across the board, and Strategy drops 5.8%.
According to market data from BIT (bit.com), during U.S. stock trading hours, the S&P 500 index’s decline widened to 1.1%, the Nasdaq fell 1.64%, and the Dow Jones Industrial Average dropped 0.3%. Semiconductor, storage, optical communication, and crypto-related stocks all fell across the board, with the optical communication sector leading losses, as most major individual stocks in the sector declined by over 7%. In the semiconductor and storage sectors: Seagate Technology (STX) fell 2.8%; Western Digital (WDC) dropped 3.2%; SanDisk (SNDK) declined 4.7%; Micron Technology (MU) fell 3.3%; NVIDIA (NVDA) dropped 2.9%; Intel (INTC) fell 4.2%; Advanced Micro Devices (AMD) declined 5.3%. Among crypto-related stocks: Strategy (MSTR) fell 5.8%; Coinbase (COIN) dropped 4.6%; Circle (CRCL) declined 6.4%; BitMine Immersion (BMNR) fell 5.3%; SharpLink Gaming (SBET) dropped 7.4%. In the optical communication sector: Pure Photonics ETF (FOTO) fell 6.2%; Marvell Technology (MRVL) dropped 5.8%; AAOI (Applied Optoelectronics) declined 9.8%; LITE (Lumentum Holdings) fell 7.2%; COHR (Coherent Corp.) dropped 7.8%; CIEN (Ciena Corporation) declined 7.8%.
3 hours ago
USDC designated as EU's first 'systemically important e-money token'
The European Banking Authority (EBA) announced that it has classified USDC, issued by Circle Internet Financial Europe SAS, as an Important Electronic Money Token (EMT) under the EU’s Markets in Crypto-Assets (MiCA) regulation. To date, 45 EMTs in the EU have completed notification under MiCA, with USDC being the first to be designated as an Important EMT. Starting November 12, 2026, USDC will be subject to dual supervision for Important EMTs under MiCA: direct regulatory responsibilities for own funds, asset reserves, liquidity requirements, and recovery and redemption plans will be transferred from the French Prudential Supervision and Resolution Authority (ACPR) to the EBA; ACPR will retain oversight of governance, qualifying holdings, suitability assessments, outsourcing, and conflicts of interest. USDC is issued by Circle Internet Financial Europe SAS in the EU and Circle Internet Financial, LLC in the U.S. The EBA has signed a memorandum of understanding (MoU) with the New York State Department of Financial Services to facilitate cooperation and information exchange on cross-border stablecoin activities.
Ethereum is seeing renewed optimism among crypto traders and investors, with multiple on-chain and sentiment metrics aligning to suggest the potential for a significant price move. While ETH experienced a weekly decline, institutional activity and growing social interest are contributing to a shift in market expectations.
ETH sentiment diverges from BTC and XRPSantiment, a cryptocurrency market intelligence firm, has identified a substantial difference in sentiment across leading tokens on social media platforms including X, Reddit, and Telegram. The data indicates a strong tilt toward bullishness for Ethereum. For every bearish comment about ETH, there are 2.05 bullish ones, marking the coin’s entry into what is known as FOMO, or Fear of Missing Out, territory.
Social volume on major channels currently shows Ethereum recording more than double the number of optimistic mentions compared to pessimistic ones, according to Santiment’s analysis.
Santiment attributed this optimistic stance to ETH’s recent rebound off key support levels, increasing staking demand, and growing anticipation surrounding upcoming network upgrades. In contrast, traders in Bitcoin and XRP have adopted a more cautious outlook.
Bitcoin, the largest cryptocurrency, has seen its bullish-to-bearish comment ratio drop to 0.82. Recent rejections near the $87,000 mark, a pullback toward $81,000, and broader macroeconomic factors have triggered a series of long position liquidations.
Meanwhile, XRP, the native token of the Ripple payment network, recorded a bullish comment ratio of 0.92 after declining over 9% for the week and failing to retake the $1.40 level.
CryptocurrencyBullish RatioWeekly PerformanceKey Support/ResistanceEthereum (ETH)2.05-4.1%Rebounds above supportBitcoin (BTC)0.82Decline toward $81,000Repeated rejection near $87,000XRP0.92-9%Failed to reclaim $1.40Whale accumulation and ETF inflowsWhile retail participants react to short-term price changes, larger players appear to be accumulating ETH. The latest market data puts Ethereum at roughly $2,520, down 0.9% over the past 24 hours and 4.1% for the week. However, on-chain analytics from Lookonchain reveal notable whale activity, with one major address rotating capital from Bitcoin into Ethereum in recent days.
Over a three-day period, this address reportedly sold 1,074.36 BTC valued at about $89.5 million and converted the proceeds into approximately 36,159 ETH, worth around $90.6 million.
Mini dictionary: Lookonchain, a blockchain analytics platform that specializes in real-time tracking of whale movements, trading activities, and wallet addresses across major blockchains.
In addition, recent data from SoSoValue show a reversal in spot Ethereum ETF flows. On October 13, US Spot Ethereum ETFs broke a 10-day streak of net outflows, registering $24.84 million in net inflows. This was the first positive inflow since September 28, signaling renewed institutional confidence.
Analysts eye all-time high retest for ETHMarket participants have responded to these developments with increased optimism. Ted Pillows, a crypto investor and analyst, stated on X that he expects ETH to approach its previous all-time high before the end of the year, citing coordinated signs from social sentiment, ETF activity, and whale accumulation.
Ted Pillows believes Ethereum is positioned for a strong recovery, with large investors, ETF momentum, and community mood all aligning for a possible return to peak levels.
The contrasting behavior between Ethereum and its major peers reflects a broader realignment of trader attention, as participants monitor the evolving landscape across the cryptocurrency market.
Injective má 135 aktivních trhů s perpetual futures na tokenizovaná reálná aktiva, což představuje téměř polovinu všech jeho trhů. Kumulovaný objem obchodování od počátku roku 2025 přesáhl 5,3 mld. USD.
Nearly half of all markets on Injective now offer exposure to tokenized assets. That includes 135 real-world asset (RWA) markets spread across several asset classes.
What’s actually trading on Injective
Injective is a Layer-1 blockchain built specifically for financial applications. As of mid-October 2026, it hosts 135 active RWA perpetual markets.
A perpetual is a futures-style contract with no expiration date. It lets traders bet on an asset’s price without ever owning the asset itself.
Equities make up the bulk of the lineup, with more than 111 stock markets. The rest covers foreign exchange, commodities and indices.
Then there’s the eyebrow-raiser: pre-IPO assets. Injective lists markets tied to private companies like SpaceX and OpenAI. Neither trades on a public exchange.
The volume picture
Cumulative trading volume across Injective’s RWA perpetual markets has passed $5.3 billion since early 2025.
Monthly activity hit roughly $210 million in August 2026.
The regulatory move that changes the conversation
On October 12, 2026, Injective became the first Layer-1 blockchain registered as an SEC transfer agent.
A transfer agent keeps the official record of who owns a security. With that registration, Injective can keep securities ownership records on-chain in a compliant way.
The distinction matters. A perpetual tracks a price. A tokenized security registered through a transfer agent is meant to represent legal ownership.
The registration followed a new whitepaper published on October 7, 2026. That document laid out three main features: native RWA issuance, role-based permissions, and iAssets, a set of derivatives products.
Role-based permissions let issuers control who can hold or move certain assets — a capability regulated securities generally require.
Beyond derivatives: mortgages on-chain
More than $1 billion worth of mortgage records have been tokenized on-chain. Pineapple Financial is aiming for more than $10 billion in total tokenization.
What this means
For traders, the appeal is access. Equities, FX, commodities and pre-IPO names all sit in one on-chain venue.
Pre-IPO perpetuals track companies with no public price discovery, which can make valuations hard to anchor. Thinly traded markets can also see sharp swings and wide spreads.
A few things are worth tracking from here. First, whether monthly RWA volume climbs meaningfully above the roughly $210 million recorded in August. Second, whether the transfer agent status leads to native securities issuance on the chain. Third, whether Pineapple Financial moves closer to its $10 billion tokenization goal.
Disclosure: This article was edited by Vivian Nguyen. For more information on how we create and review content, see our Editorial Policy.
Komunita Rocket Pool schválila mechanismus výběrů ETH pro držitele rETH prostřednictvím náhodného ukončování validátorů v megapoolu a zachovala zástavu ve výši 4 ETH pro validátory megapoolu.
Rocket Pool’s community has voted to give rETH holders a protocol-level path to withdraw their ETH. It also voted to leave one of the protocol’s most debated settings exactly where it is.
Through Snapshot votes held in late September and early October 2026, voters backed RPIP-71, a proposal that adds new withdrawal liquidity mechanics for rETH. They also kept the 4 ETH bond requirement for megapool validators, rejecting options to cut it to 1.5 ETH or raise it to 6 ETH.
None of this is live yet. The full Saturn 2 upgrade package still needs final ratification before it ships.
What voters actually approved
RPIP-71 aims to make redeeming rETH smoother. When withdrawal requests come in, the protocol can trigger random exits from megapools to free up ETH for redemptions. The random selection matters because it means no single operator is singled out to fund every exit.
Those exits still respect Ethereum’s exit queue. Validators can’t leave the network all at once, so redemptions will move at the pace Ethereum allows, not instantly.
The bond stays at 4 ETH
The bond is the ETH a node operator puts up themselves before running a validator that also uses pooled ETH from rETH holders. Voters had two alternatives on the table. One would have lowered the bond to 1.5 ETH, and the other would have raised it to 6 ETH. Both lost. The 4 ETH requirement, which arrived with the Saturn 1 upgrade in February 2026, survives intact.
What else is in Saturn 2
RPIP-73 adds protections against validator underperformance. Forced exit mechanisms, covered under RPIP-44 and RPIP-80, are also part of the bundle, giving the protocol tools to push validators out when needed rather than waiting for operators to leave voluntarily.
RPIP-85, which proposed expanded onchain signal voting, was deferred. Snapshot remains the main venue for community signaling.
The timeline from devnet to mainnet
Development work on Saturn 2 is already underway. An initial devnet is expected to launch in late October 2026. Mainnet deployment has been discussed for 2027, pending final ratification.
Saturn 1 introduced significant changes in February 2026, including the 4 ETH bond and new liquidity initiatives. Saturn 2 builds on that foundation with a focus on rETH holder experience and peg stability.
Where the protocol stands now
As of October 12, 2026, rETH supply sat at approximately 315,605. The network counted around 18,000 validators and 1,414 node operators.
What this means for rETH holders and operators
For rETH holders, a protocol-level redemption route reduces dependence on secondary market liquidity when someone wants to exit. Redemptions tied to Ethereum’s validator exits inherit Ethereum’s pacing, so holders get a reliable door, not a revolving one.
For node operators, keeping the bond at 4 ETH removes uncertainty over capital requirements. Random megapool exits mean any operator’s validator could be selected to fund redemptions. The underperformance protections in RPIP-73 and the forced exit tools in RPIP-44 and RPIP-80 give the protocol tighter control over its validator set.
Deferring RPIP-85 means Rocket Pool keeps its current governance setup, with Snapshot remaining the main venue for community signaling.
Disclosure: This article was edited by Estefano Gomez. For more information on how we create and review content, see our Editorial Policy.
Tržby Alchemix ve 2. čtvrtletí 2026 mezikvartálně vzrostly o 34 % na zhruba 329 000 USD; vklady stablecoinů na mainnetu se zvýšily o 73 % na 7,41 milionu USD.
Alchemix has put its paperwork on the table. The DeFi protocol known for self-repaying loans filed a B2 Token Transparency Filing with Blockworks, laying out how it is governed, how its token works, and how the business is performing.
The filing landed on October 8, 2026, and completion was announced on October 14. It spans the protocol’s operating framework, governance setup, tokenomics and financial results.
Alchemix offers loans that pay themselves off using the yield generated by the borrower’s collateral. Borrowers face no interest and no liquidations.
Version 3 folds saving and borrowing into vaults powered by Mix-Yield Tokens, or MYT. Users can borrow up to 90% of their collateral’s value. Their deposits keep earning yield the whole time. V3 also brings diversified yield strategies and a fixed-duration redemption feature called the Transmuter. The migration wrapped up in April 2026 across three chains.
Governance without a foundation
The protocol has no foundation and no traditional corporate entity running the show. The Alchemix DAO operates through a multisig, a wallet that requires several signers to approve actions rather than one person with a password.
The DAO issued the ALCX token and governs the project, which is released under a Business Source License.
There is one legal entity in the picture. The Alchemix Association is a Swiss Verein, a type of nonprofit association, set up under governance proposal AIP-113. It has no power to execute transactions or upgrade the protocol.
Token supply and emissions
ALCX launched in March 2021 with a pre-mine of 478,612 tokens. That initial batch included allocations for the DAO treasury and bug bounties.
Since March 2024, the protocol has followed a long-tail emission schedule of 2,200 ALCX per week.
The first v3 quarter
The Q2 2026 financial report is the first since v3 went live. Alchemix generated approximately $329,000 in revenue during the quarter, a 34% increase over the previous quarter. Mainnet stablecoin deposits rose 73% to $7.41 million over the same period.
What this means
The filing reduces the guesswork on who controls upgrades, how many tokens enter circulation, and what the protocol earns. Alchemix’s disclosure draws a clear line between the DAO, the multisig and the Swiss Association.
At 2,200 ALCX per week, new supply keeps arriving whether or not revenue keeps climbing. If protocol earnings grow faster than token issuance, that pressure becomes easier to absorb.
Things to monitor from here: the Q3 2026 financial report, any governance proposals that touch the multisig or the Association’s mandate, and how deposits behave across the three chains now running v3.
Disclosure: This article was edited by Estefano Gomez. For more information on how we create and review content, see our Editorial Policy.
Sdílený vestingový pool sítě UNCX Network na Ethereu byl zneužit: útočník v jediné transakci odčerpal tokeny v hodnotě zhruba 86 000 USD, zatímco kontrakt stále držel tokeny v hodnotě asi 3,25 milionu USD.
A shared token vesting pool run by UNCX Network was exploited on Ethereum, with roughly $86,000 in tokens pulled out in a single transaction, according to security firm Blockaid.
The more uncomfortable number is the one left behind. The affected contract still held approximately $3.25 million in assets after the drain, and Blockaid flagged the attack as ongoing when it was detected.
How the vesting pool exploit worked
Blockaid reported the incident on October 14, 2026. The firm said one identified transaction took five different tokens out of the pool.
The method relied on bending the contract’s own vesting logic. Per Blockaid, the attacker opened fresh vesting positions, released and donated tokens in a deliberate sequence, then canceled those positions. That cancellation step is where other people’s money walked out the door. The process let the attacker withdraw assets that other users had locked in the same pool.
Blockaid made the exploiter addresses and a sample transaction public. That gives other security teams and onchain sleuths something concrete to trace, though publishing them does not, by itself, recover anything.
UNCX’s track record and what was hit
UNCX Network has operated since 2020 as a multi-chain platform for liquidity locking and token vesting. The protocol has reported over $164 million in total value locked since 2020 and more than 74,000 locks created.
The exploit targeted a shared vesting pool, not the individual locks or the core liquidity features UNCX is best known for. That distinction matters for users trying to work out whether they are exposed.
There was no immediate public response from the UNCX team at the time of Blockaid’s report.
What this means for token teams and DeFi users
The immediate concern is the approximately $3.25 million still sitting in the affected contract. If the attack path remained open, as Blockaid indicated it was at detection, the $86,000 drained so far may describe the opening act rather than the full bill.
Projects that use UNCX for vesting should check which contract their tokens sit in. Individual locks and liquidity locks were not the reported target, but teams will want confirmation rather than assumptions.
Five tokens were taken in the identified transaction. For smaller projects with thin liquidity, even a modest unscheduled release can weigh on price, though the effect would depend on each token’s market depth.
The broader lesson is structural. Shared contracts trade isolation for convenience, and this incident shows the cost of that trade when the internal bookkeeping can be gamed. Create, release, donate, cancel: none of those actions sounds hostile on its own, which is exactly what made the sequence dangerous.
The role of real-time monitoring also stands out. Blockaid caught the activity while it was still unfolding and published addresses and a transaction sample.
What to watch next: whether UNCX issues a statement explaining the flaw, whether the remaining balance in the contract is secured or migrated, and whether affected projects receive any form of reimbursement.
Disclosure: This article was edited by Estefano Gomez. For more information on how we create and review content, see our Editorial Policy.
Aptos price has slipped below $0.80 following its recent rally, with weakening daily momentum and a bearish weekly trend putting the $0.76–$0.78 support area in focus after its investor vesting cycle ended.
Summary
APT traded near $0.795 on Oct. 14, with its daily candle showing a 4.99% decline. Daily MACD recorded a bearish crossover, while Chaikin Money Flow slipped below zero. Weekly Supertrend remained bearish at $0.9652, above the token’s current trading price. Scheduled monthly releases fell to approximately 4.54 million APT after investor and contributor vesting ended. TradingView’s Binance APT/USDT daily chart showed Aptos trading at $0.7951 on Oct. 14, down from a daily opening price of $0.8368. The token reached an intraday high of $0.8496 before falling to $0.7867.
The weekly chart also showed a retreat, with APT down 11.77% from its weekly opening price of $0.9012. Its weekly range extended from $0.7613 to $0.9155, placing the token closer to the lower end of that range.
The daily chart showed APT recovering from the roughly $0.50–$0.60 region during September before moving above $0.80. October’s pullback has taken the token back below that level, while recent highs remain around $0.90–$0.92.
Aptos unlock reduction leaves continuing monthly releases Aptos Foundation’s February tokenomics update said the four-year unlock cycle for initial investors and core contributors would conclude in October 2026, reducing annualized scheduled unlocks by approximately 60%.
Staking provider Everstake’s schedule review placed the final release for those two groups on Sept. 12, with the vesting period formally ending on Oct. 12. Their combined monthly allocation previously accounted for about 6.77 million APT.
With those allocations completed, scheduled monthly releases decline from approximately 11.31 million to 4.54 million APT. The remaining releases come from the community and Foundation pools.
The reduction concerns the release of previously allocated tokens. Staking rewards remain a separate source of new APT, while tokens already unlocked remain available to their holders.
APT’s price retreat coincided with the formal end of the vesting period, but neither the unlock schedule nor the price charts establish that recipients sold tokens during the decline.
Daily MACD turns bearish as money flow weakens TradingView’s daily chart showed the moving average convergence divergence line at 0.0303, below its signal line at 0.0369. The resulting histogram reading was negative at −0.0066.
Aptos price daily chart — Oct. 14 | Source: TradingView Both lines remained above zero, preserving part of the momentum built during the September recovery. However, the MACD line’s move below the signal line formed a bearish crossover, while recent histogram bars turned red.
The daily Chaikin Money Flow reading also fell to −0.03. The volume-weighted indicator moved below its zero line after spending much of the recent recovery in positive territory.
Together, the two indicators showed weaker momentum and money flow as APT lost $0.80. The daily chart still placed the token above its August and early-September lows, but below October’s recent peaks.
On the price chart, the $0.84–$0.85 region contains the latest daily high and several recent trading swings. Above that area, October’s highs around $0.90–$0.92 form the next visible resistance zone.
Below the current price, the daily low near $0.787 and weekly low near $0.761 define the closest observed support references. Earlier trading activity sits farther down around $0.70 and $0.60.
Weekly Supertrend remains above Aptos price TradingView’s weekly Supertrend stood at $0.9652 and remained red, leaving APT below the indicator’s trend boundary despite its rebound from September’s lows.
Aptos price weekly chart — Oct. 14 | Source: TradingView The weekly chart showed a broader sequence of falling highs extending through 2025 and 2026. The recent recovery remained near the bottom of that longer price history, well below previous trading ranges above $1.
The weekly average directional index measured 26.10 and was declining from earlier readings above 40. ADX measures trend strength rather than direction; the falling reading showed that the established trend had weakened, while Supertrend continued to display a bearish signal.
A recovery toward $0.90 would therefore leave APT below the weekly Supertrend. The indicator’s $0.9652 reading sits close to the $1 level discussed in bullish market commentary.
An analyst publishing as Phoenix described an upward structure from August’s lows in an Oct. 14 post and projected consolidation above the 200-period moving average. The analyst also claimed large holders were accumulating and identified $1 as an upside objective.
That outlook contrasts with the latest daily price decline and negative money-flow reading. Phoenix’s accumulation claim remains the analyst’s interpretation, rather than a holder-flow figure shown by the daily or weekly charts.
Liquidation clusters build above the current price CoinGlass’s three-day liquidation heatmap showed APT falling from above $0.92 toward $0.79 between late Oct. 11 and Oct. 14, interrupted by rebounds around $0.86 and $0.85.
Aptos liquidation heatmap | Source: CoinGlass At the right edge of the heatmap, nearby estimated liquidation bands appeared around $0.80–$0.81. Larger overhead concentrations were visible near $0.86–$0.89, followed by brighter bands around $0.91–$0.94.
Below the price, estimated liquidation concentrations appeared near $0.785, with additional bands around $0.77–$0.78. Those levels overlap the lower portion of the token’s weekly trading range.
Alongside the supply change, Aptos announced an optional transaction-encryption feature on mainnet on Oct. 12. The Foundation said Petra supports the feature and Decibel plans to use it to protect pending orders.
The network’s broader institutional connection includes U.S. asset managers BlackRock, Franklin Templeton and Apollo, which Aptos identified in its ecosystem update. Its May announcement also outlined more than $50 million in commitments across products, research, infrastructure, trading and AI partners.
For the immediate price setup, TradingView’s charts place APT between support near $0.76–$0.78 and resistance around $0.84–$0.85, with the weekly Supertrend farther overhead at $0.9652.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
Arbitrum has a new USDG/USDC pool live on Uniswap, using the StablePair hook's dynamic fees to keep Global Dollar (USDG) trading close to parity.
Arbitrum (@arbitrum) has added another trading venue for USDG, with a new USDG/USDC pool now live on Uniswap (@Uniswap). The pool uses Uniswap's StablePair hook, which applies dynamic fees to stablecoin pairs to keep spreads tight and prices close to parity.
USDG's market cap topped $31 million within five days of launch on Arbitrum, according to figures shared by Arbitrum.
How the StablePair hook worksStablePair is a Uniswap v4 hook built for stablecoin pairs. Uniswap Labs introduced it on September 10, initially with USDC/USDG and USDC/USDT pools on Ethereum mainnet, according to Blockchain Reporter. It replaces a static liquidity provider fee with a dynamic one.
The logic is straightforward. According to reporting on the launch, the system measures how far a pool's price has moved from its 1:1 reference rate and whether a proposed trade pushes the price closer to or farther from it. Fees are then set for each swap on that basis. Uniswap Labs has argued that static fees hand most of the value from correcting a price drift to arbitrage bots, while a dynamic fee returns more of it to liquidity providers.
The Arbitrum deployment is tracked in Uniswap's public hook registry, which lists a StablePairHook contract as the hook for the USDG/USDC v4 pool on Arbitrum.
USDG's expansion on ArbitrumThe new pool follows USDG's launch on the network earlier this month. CoinDesk reported that Arbitrum joined the Paxos-led Global Dollar Network, with integrations spanning Fluid, Morpho, GMX, Maple, Li.Fi, LayerZero and Kraken, and Uniswap set to follow. USDG is issued by Paxos and backed one-for-one by dollar reserves.
The network's model shares reserve-generated rewards with partners that help drive adoption. CoinDesk noted that the Global Dollar Network has more than 150 partners, including Robinhood, Kraken, Mastercard and OKX, and that Arbitrum holds about $3.8 billion in stablecoins, roughly 60% of it in Circle's USDC, citing DefiLlama data.
Cointelegraph reported that a proposal submitted to ArbitrumDAO would add 100 million ARB to an incentive program to support USDG adoption and liquidity. That proposal is not yet confirmed as approved.
For traders, the Uniswap pool adds another route to swap between USDG and USDC on Arbitrum, and a venue for liquidity providers to earn fees.
Sources:
CoinDesk: Arbitrum joins Paxos-led Global Dollar Network as USDG lands on Ethereum L2Cointelegraph: Paxos Expands USDG Stablecoin to ArbitrumBlockchain Reporter: Uniswap Launches StablePair Hook For Stable Pairs
Lydian spustila pro obchodníky aplikaci Lydian Pay, která umožňuje přijímat platby v kryptoměnách a vypořádávat je na jejich bankovní účty v místní fiat měně.
Payment firm Lydian has announced that its merchant checkout application Lydian Pay is now available on Apple App Store and Google Play. Merchants can download the free app on their existing smartphones or tablets, complete verification, and start accepting payments—no card readers, contracts, or additional hardware required. Customers pay via digital asset wallets, while merchants settle funds to their existing bank accounts in local fiat currency. Lydian does not hold custody of merchants’ funds, and payment records can be reconciled through the Lydian Merchant Portal. The app supports merchants to select their accepted wallets, assets, and networks; it currently covers assets including USDT, USDC, BTC, ETH, TRX, and networks such as Ethereum, Tron, Polygon, Solana, Arbitrum, Base, and Bitcoin.
Relevant content
Ledger: German retail and distribution inventory devices show no signs of tampering, and no financial loss reports have been received across Europe.
Hardware wallet provider Ledger’s security team Donjon has updated on a German-related report, stating that after receiving a report from a German user, it inspected inventory devices at retail outlets and distributors in the country, including products at the named stores, and found no signs of tampering. Ledger also noted that there have been no reports of financial losses linked to hardware implants across Europe. Separately, regarding the suspected abnormal devices circulating online, the security team has not obtained physical units for testing. It has now invited holders of such devices to send them to Ledger’s security team for further analysis, with investigation results to be made public.
41 minutes ago
Hyperliquid HIP-3 Cumulative Revenue Reaches $75 Million
Hyperliquid’s HIP-3 has generated a total of $75 million in cumulative revenue, with $37.5 million going to deployers and the remaining $37.5 million allocated for repurchasing and burning Hyperliquid’s native token. HIP-3, the Builder-deployed perpetual contract mechanism, allows eligible deployers to launch their own perpetual markets on Hyperliquid: they can define oracles, contract specifications, and manage operations, while leveraging the protocol’s core infrastructure such as order books and liquidation systems. Fees from these markets are typically split 50/50 between deployers and the protocol, with the protocol’s revenue share used for token repurchases and burns.
Beating AI Express News: xAI has launched its speech-to-speech model Grok Voice 3.0, claiming it ranks first on the Speech-to-Speech Index in an independent test by Artificial Analysis, scoring 86.9 points—higher than Grok Voice 2.0 (81.3), GPT-Live-1 (83.2), and Gemini 3.8 Live (82.6). The model also features end-to-end latency of under 1 second. It is now available via the Voice Agent API, priced at $0.08 per minute, matching the previous generation; agents using the "grok-voice-latest" tag will automatically switch to the new model. According to xAI, Grok Voice handles millions of daily conversations for Tesla and SpaceX: Starlink’s customer service center receives around 20,000 calls daily, with roughly 70% resolved without human intervention, and about a quarter of sales calls resulting in a purchase before the call ends. On benchmarks, Grok Voice scores 74% accuracy on ServiceNow EVA-Bench and 71.6% on τ-Voice, which the company says is comparable to GPT-Live-1 but with roughly 40% lower latency.
41 minutes ago
White House Crypto Committee 'effectively defunct' as Executive Director Patrick Witt’s secondment is set to expire.
Crypto journalist Eleanor Terrett said she emailed the White House three times over the past week to inquire whether Patrick Witt still serves as executive director of the White House Crypto Council, and received no reply. Witt himself declined to comment. Sources familiar with the matter disclosed that Witt, a U.S. Department of Defense employee temporarily seconded to the White House Crypto Council, has reached or is nearing the end of his secondment, with his reappointment status unclear. Earlier this year, he delayed his service in the Georgia National Guard, and is expected to resume his military service soon. Terrett added that Harry Jung, deputy director of the White House Crypto Council, left his post at the end of July, and after David Sacks’ tenure as Crypto and AI “tsar” concluded, Witt is now the only remaining staff member of the council. The crypto policy community is now debating: after the CLARITY Act (officially the Crypto Market Structure Act) failed to advance in the Senate, whether the White House still prioritizes the crypto industry. The relevant personnel changes have not yet been officially confirmed by the White House.
41 minutes ago
US stocks slump, with the optical communication sector leading the decline; semiconductor, storage, and crypto-related stocks all fall across the board, and Strategy drops 5.8%.
According to market data from BIT (bit.com), during U.S. stock trading hours, the S&P 500 index’s decline widened to 1.1%, the Nasdaq fell 1.64%, and the Dow Jones Industrial Average dropped 0.3%. Semiconductor, storage, optical communication, and crypto-related stocks all fell across the board, with the optical communication sector leading losses, as most major individual stocks in the sector declined by over 7%. In the semiconductor and storage sectors: Seagate Technology (STX) fell 2.8%; Western Digital (WDC) dropped 3.2%; SanDisk (SNDK) declined 4.7%; Micron Technology (MU) fell 3.3%; NVIDIA (NVDA) dropped 2.9%; Intel (INTC) fell 4.2%; Advanced Micro Devices (AMD) declined 5.3%. Among crypto-related stocks: Strategy (MSTR) fell 5.8%; Coinbase (COIN) dropped 4.6%; Circle (CRCL) declined 6.4%; BitMine Immersion (BMNR) fell 5.3%; SharpLink Gaming (SBET) dropped 7.4%. In the optical communication sector: Pure Photonics ETF (FOTO) fell 6.2%; Marvell Technology (MRVL) dropped 5.8%; AAOI (Applied Optoelectronics) declined 9.8%; LITE (Lumentum Holdings) fell 7.2%; COHR (Coherent Corp.) dropped 7.8%; CIEN (Ciena Corporation) declined 7.8%.
41 minutes ago
USDC designated as EU's first 'systemically important e-money token'
The European Banking Authority (EBA) announced that it has classified USDC, issued by Circle Internet Financial Europe SAS, as an Important Electronic Money Token (EMT) under the EU’s Markets in Crypto-Assets (MiCA) regulation. To date, 45 EMTs in the EU have completed notification under MiCA, with USDC being the first to be designated as an Important EMT. Starting November 12, 2026, USDC will be subject to dual supervision for Important EMTs under MiCA: direct regulatory responsibilities for own funds, asset reserves, liquidity requirements, and recovery and redemption plans will be transferred from the French Prudential Supervision and Resolution Authority (ACPR) to the EBA; ACPR will retain oversight of governance, qualifying holdings, suitability assessments, outsourcing, and conflicts of interest. USDC is issued by Circle Internet Financial Europe SAS in the EU and Circle Internet Financial, LLC in the U.S. The EBA has signed a memorandum of understanding (MoU) with the New York State Department of Financial Services to facilitate cooperation and information exchange on cross-border stablecoin activities.
PANews, October 14 – According to official sources, Gate founder and CEO Dr. Han recently sat down for an exclusive interview with Fortune, sharing Gate's strategic thinking on evolving from a crypto asset trading platform into an integrated financial services application. During TOKEN2049 Singapore, Gate officially launched Gate Money, built around the core concept of "One Gate, Everything Money," bringing fiat currency, digital assets, stocks, ETFs, gold, bank accounts and payments together on a single platform. Users in eligible regions can open a global bank account in their own name online, with support for receiving more than 60 local currencies to be added in the future. Gate Card bridges assets and spending scenarios, allowing multiple asset types – including fiat currency, digital assets, tokenized gold and stocks – to be used more flexibly for everyday payments. Gate Money also supports QR code payments via local payment codes in certain countries and regions.
Dr. Han said that, building on Gate's long-accumulated capabilities in trading, liquidity and asset services, Gate Money expands fund management and real-world payment scenarios. In his vision: "In users' perception, assets are inherently a whole; even if they exist in five different forms, they should be managed in a unified way within a single app." Therefore, Gate Money aims to let users complete holding, trading, exchanging, yield management and spending within the same account, while offering more options for the flow between different asset forms – rather than making judgments on users' behalf.
At present, Gate has served more than 61 million users worldwide, covering over 130 countries and regions. Looking ahead to the next five years, Dr. Han expects the tokenization of traditional assets to continue advancing, and AI Agents to further change how users manage and use their funds. From serving traders to connecting broader capital needs, Gate is extending its digital asset capabilities into more complete financial life scenarios.
Sui entered October after a sharp token rally. Then its Basecamp conference delivered three announcements that could determine whether investors have something lasting to buy into: Samsung Wallet integration, a Google Cloud project, and a speed record.
At the Singapore event, Sui laid out plans for a future where AI software moves money on people’s behalf.
1. Samsung Could Put Sui in Millions of PhonesSamsung Wallet is integrating USDC transfers over Sui on 82 million US Galaxy devices. Users will be able to send digital dollars without network fees or buying SUI first.
Mysten Labs co-founder Adeniyi Abiodun said: “Our goal has long been to make money movement free and as easy as sending an email.”
The deal could bring new payment activity in the network.
Samsung Wallet is integrating Sui!$USDC on Sui support, built into Samsung Wallet on 82 million U.S. Galaxy devices.
With gasless transfers, $USDC on Sui moves with zero network fees.
Learn more:https://t.co/oi8h9oBAyK
— Sui (@SuiNetwork) October 8, 2026 2. Google Cloud Tackles AI’s Trust ProblemMysten Labs and Google Cloud are developing Verifiable Agent Arbiter, designed to prove whether AI agents followed instructions.
Activity records stay private, with cryptographic proofs written to Walrus and Sui.
Mysten Labs CEO Evan Cheng said: “AI agents are starting to make decisions with financial and legal consequences, and we need systems to ensure they cannot exceed their authority. This requires evidence any counterparty can verify.”
Walrus Foundation’s Kimberly Logan added: “Verifiable Agent Arbiter enables companies and individuals to prove their agents acted within the bounds of their authority, and they can prove it anywhere to anyone in a fully trustless way. This is going to support agentic workflows across trust boundaries and industries, unlocking the types of experiences that we previously could only talk about in the abstract. And this is one of the biggest companies in the world acknowledging that a credibly neutral layer is the only place where this can happen.”
3. Sui Demonstrates 40 Million Transactions Per SecondSui reported 40.6 million transactions per second in a live stress test, using programmable offchain tunnels that ultimately settle to its blockchain.
This could make machine payments cheaper. Crucially, the figure measures activity inside those tunnels, rather than 40 million transactions directly executed on mainnet.
SUI BASECAMP 2026:
HERE’S EVERYTHING ANNOUNCED, FROM SAMSUNG WALLET TO A 40.6M TPS DEMO
Sui wrapped up its two-day Basecamp event in Singapore with major announcements across payments, AI, Bitcoin finance and blockchain infrastructure.
Samsung Wallet is integrating USDC on…
— Wall St Engine (@wallstengine) October 8, 2026 What Does This Mean for SUI’s Market Performance?SUI rallied nearly 50% in September. The announcements strengthen Sui’s adoption prospects, but their effect on SUI demand remains uncertain.
These developments could broaden Sui’s appeal beyond crypto traders, opening the network to several new markets.
Samsung Wallet offers the clearest path to mainstream adoption. It could bring everyday consumers and payment providers onto Sui, particularly those using stablecoins for international transfers.
However, more USDC transactions do not automatically mean greater demand for SUI.
Meanwhile, Google Cloud’s collaboration targets institutional adoption.
Banks and other enterprises developing AI agents could use Sui and Walrus to verify automated financial decisions and meet compliance requirements. Actual enterprise deployments will determine its impact.
Sui Monthly Price Chart. Source: BeInCryptoFor SUI investors, these announcements strengthen the network’s long-term growth prospects. Yet partnerships alone cannot sustain a price rally.
The real test heading into 2027 will be whether Sui converts these opportunities into measurable network usage and stronger demand for its native token.
Arbitrum zaznamenal za posledních 30 dní 18 033 vývojářských příspěvků, což je nejvíce mezi sledovanými sítěmi včetně Ethereum, Cardano, Sui a Avalanche.
Arbitrum (ARB) logged 18,033 developer commits in the past 30 days, ahead of Ethereum, Cardano, Sui and Avalanche, according to Chainspect data.
Arbitrum has recorded 18,033 developer commits over the past 30 days, according to data from @chainspect_app. That puts @arbitrum ahead of every other chain tracked, including @Ethereum, @Cardano, @SuiNetwork and @Avax, as activity around the $ARB ecosystem builds into the fourth quarter of 2026.
What the commit data showsDeveloper commits are a widely used proxy for how actively a network's core code is being built and maintained. They do not measure code quality or user adoption, and a high count can reflect many small updates rather than major releases. Even so, sustained volume is often read as a sign of ongoing investment in a protocol.
The latest figure is higher than a reading reported earlier this autumn. CoinMarketCap, citing Chainspect, noted that Arbitrum logged 14,036 commits to its protocol repositories in the previous month, well ahead of Cardano at 4,023 and Sui at 2,746. It linked part of that activity to the development of Robinhood Chain, which is built on Arbitrum technology.
On a cumulative basis, Chainspect's chain page lists more than 214,000 commits and about 2,468 developers for Arbitrum since launch. Chainspect's comparison pages also show Arbitrum with roughly 2.5 times the all-time commits of Avalanche.
Ecosystem context for ARBArbitrum is an Ethereum layer 2 network that launched in 2021. The Arbitrum Foundation's H1 2026 progress report said its Builder's Block developer newsletter published 12 editions in the first half of the year and passed 10,000 subscribers. The report also said the Foundation's 250M ARB Strategic Partnerships Budget, approved by the ArbitrumDAO in October 2024, supports milestone-based partnerships across RWAs, fintech, Arbitrum chains and DeFi.
The same report noted that 92.3% of ARB supply was already unlocked as of August 17, 2026, with the schedule due to finish in March 2027. Developer activity does not by itself determine token performance, and supply dynamics remain a separate factor for $ARB holders to weigh.
Commit counts can also vary depending on which repositories a data provider tracks and how it filters bot or automated activity, so rankings may differ across platforms. Chainspect's methodology is the basis for the figures cited here.
Americká inflace v září meziročně zrychlila na 3,7 % a překonala očekávání. Bitcoin nyní sleduje denní uzavření nad hranicí 80 500 USD jako klíčový technický test.
US inflation accelerated to 3.7% in September, coming in above expectations. The result adds another macro risk for Bitcoin just as is close to a key daily support area.
Key Takeaways
Headline CPI rose 0.6% in September and 3.7% year over year.
Core inflation held at 0.3% for the month but reached 2.6% annually.
Gasoline rose 9.1%, while shelter also accelerated during the month.
A daily Bitcoin close above $80,500 remains an immediate chart checkpoint.
PPI, retail sales and a Fed speech could shape the next macro response.
The September report was broader than one jump in gasoline
The Bureau of Labor Statistics said the Consumer Price Index rose 0.6% on a seasonally adjusted basis in September, following a 0.4% increase in August. The annual rate moved to 3.7% from 3.4% in the previous report.
Energy drove much of the monthly increase. Gasoline rose 9.1% and accounted for more than half of the all-items gain, while the wider energy index climbed 5.2%. Over the past year, energy prices were up 20.4%, with gasoline up 34.2%.
However, the report did not point only to fuel costs. Core CPI, which excludes food and energy, rose 0.3% for a second month and accelerated to 2.6% year over year from 2.4%. Shelter increased 0.4% after a 0.3% gain in August, while used cars, airline fares, recreation, education and apparel also rose during the month.
That mix gives markets a more complicated reading than an energy-led spike alone. Higher oil prices can reverse quickly; a firmer core measure and higher shelter costs may be harder for policymakers to dismiss.
Bitcoin’s first move may not settle the inflation question
Stronger-than-expected inflation can push traders to reconsider the timing and scale of future interest-rate cuts. Bond yields and the dollar often react first, and Bitcoin can move alongside broader changes in risk appetite.
Yet the first response to CPI often proves incomplete. Traders initially focus on the headline, then reassess the report’s composition, the response in traditional markets and the next set of economic data. A sharp move immediately after the release can therefore reverse before the daily candle closes.
The daily close leaves $80,500 in focus
Bitcoin’s recent defence of the $81,000 area established the nearby support range now under scrutiny. A daily close above $80,500 could indicate that the market has absorbed the first inflation reaction without losing that structure.
The chart checkpoint
$80,500 is the immediate daily-close level. Intraday volatility may reflect the first response to the CPI data; the close could offer a clearer view of whether buyers are still defending the broader support area.
The $80,000 zone sits just below that checkpoint. A sustained move beneath it could bring $70,500 into focus, where options-market positioning may become less supportive and a decline could become more volatile.
On the upside, $90,000 remains relevant because option sellers may need to adjust their hedges if Bitcoin moves above that area. That process can add momentum when it coincides with stronger spot demand, though it does not guarantee a continued advance.
Thursday’s releases may either reinforce or soften the CPI message
Producer-price data and retail-sales figures are due on Thursday at 12:30 UTC. PPI may offer a further reading on cost pressure earlier in the supply chain, while retail sales could show whether consumer demand remains resilient despite higher prices.
On Friday at 03:30 UTC, Federal Reserve official Kevin Warsh is scheduled to speak. Markets may look for clues about how policymakers are weighing renewed inflation pressure against growth and financial conditions.
Inflation has raised the bar for a sustained recovery
The CPI release delivered a faster headline increase, but it also showed that price pressure extended beyond energy. That leaves Bitcoin facing both an immediate technical test and a macro question that may take several sessions of trading to resolve.
For now, the market can watch whether Bitcoin holds above $80,500 at the daily close, then assess whether Thursday’s data and Friday’s Fed commentary strengthen or weaken the case for tighter financial conditions.
This article is provided for informational purposes only and does not constitute financial or investment advice. Economic data and technical levels can influence markets without determining future price movements.
Author
Kosta has reported on cryptocurrency markets and blockchain infrastructure since 2020, bringing over six years of hands-on experience in the crypto industry built through daily tracking of markets, trends, and emerging blockchain developments. Specializing in Bitcoin on-chain analysis, institutional ETF flows, and digital asset price action, his work at Coindoo has been cited by other news agencies and consistently covers market developments with a focus on data-driven reporting across Bitcoin, Ethereum, Solana, and XRP.
Over the years, Kosta has contributed to multiple crypto media outlets in different regions, authoring over 6,000 articles across the sector. His reporting spans cryptocurrency markets and the broader fintech industry, tracking not only price action but also the technological and regulatory forces shaping the ecosystem.
To support his analysis, Kosta actively leverages on-chain data and metrics from leading platforms such as Santiment, Glassnode, and CryptoQuant, enabling deeper, evidence-based market insights. He believes in the power of transparency and the data that underpins the blockchain ecosystem.
His academic background in Marketing Management from Denmark further complements his analytical approach, adding a strong understanding of communication strategy and content positioning to his work.
Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
A Hyperliquid whale is taking profits on a bet that has paid off more than 20 times over. The wallet bought 257,928 HYPE tokens ago at just $3.5 per token, which cost approximately $903,000 in total. Six hours ago, it sent 100,276 HYPE, worth $8.17 million, to a Kraken deposit address.
How did the sale go?The tokens came out of Hyperliquid staking first, and the wallet then sent them directly to Kraken. One day earlier, the same wallet moved another 30,228 HYPE, worth $2.55 million, in the same way.
HYPE/USDT Chart by TradingViewTogether, the two transfers are worth approximately $10.7 million. At today's price near $82, the original position is worth around $21 million, a gain of approximately 2,200%. If the wallet has not sold anything else, it still holds approximately 127,000 HYPE, worth close to $10.4 million.
HOT Stories
Deposits to an exchange often point to a sale, so investors watch movements like this closely. Even so, the market has absorbed the selling without a crash. HYPE trades near $82 and is down approximately 16% from its recent high near $98. Volume is low, which suggests traders are not rushing for the exit.
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The chart is somewhat weak in the short term. The price has slipped below the 50-day average near $83.70 and the 20-day average near $86. The RSI sits in the low 40s, which points to fading momentum. The $79 area is the closest support, and the 100-day average near $76.50 is the next one below it.
Where does it go?The larger trend keeps eyeing high, as the long-term averages continue to rise. For buyers to take back control, HYPE needs to close above $84 and then reclaim $87.50. That would put $90 and $95 back in view. A close below $79 would be a warning, and it could send the price toward $76.
The key question is what the whale does next. Selling 130,000 tokens in days is a sign of profit taking, and more deposits to Kraken could add pressure while the price is soft. But one wallet is small next to the entire market, so the chart will matter more than any single seller.
Hypercall od června zaznamenal nominální objem 640 milionů USD, přičemž více než 80 % tvořily opce na S&P 500. Objem otevřených pozic dosahuje 49 milionů USD.
S&P 500 options are hot on Hyperliquid-based Hypercall exchange. (TyliJura/Pixabay)Summary
Hypercall has recorded $640 million in notional volume since June 1, with more than 80% coming from S&P 500 options.The platform offers daily, weekly and monthly expiries around the clock, settles contracts in USDC and has seen trading concentrate in options expiring the next day.Hypercall’s growth reflects rising demand for blockchain-based access to traditional markets, though its volume remains small compared with established options venues.Talk about options on the S&P 500 index, and you are discussing a beast of a market that trades trillions of dollars in notional volume every day. Crypto traders now appear to want to access it over a blockchain.
Hypercall illustrates the demand. The options platform built on Hyperliquid, the eighth-largest blockchain by total value locked (TVL), went live in June, and more than 80% of the $640 million in notional volume since then has come from S&P 500 options, the exchange told CoinDesk. Open interest, the value of contracts still outstanding, is about $49 million, of which $47 million is in S&P 500 options.
While the numbers are small next to traditional markets and Deribit's crypto options business, which started shortly after the platform’s 2016 debut and now routinely sees billions of dollars in daily volume and open interest, they illustrate a growing trend: the desire to access financial instruments when conventional markets are closed. Hypercall lists daily, weekly and monthly expiries, including over weekends.
"The volume is concentrated in options expiring the following day," Jake Sylvestre, founder of Hypercall, said in an email interview. "Traders can take a view on the next day's move or hold a position further out."
Traders are gravitating to blockchains for exposure to traditional markets, including derivatives. Hyperliquid’s decentralized exchange (DEX), also known as Hyperliquid, has become a go-to venue for placing trades and managing risk through perpetual futures, especially on weekends when conventional markets are closed and geopolitical tensions have repeatedly escalated.
The draw of 24/7Hypercall takes Hyperliquid’s perpetual futures into the options arena. An option is a contract that pays out if an asset ends up above or below — depending on the details — a set price by a specified date. A call option pays off when the asset finishes above that price at expiry. A put option works the other way round. Traders use both to hedge against price swings and bet on direction, volatility and time.
Each Hypercall contract has a $1 multiplier, which means each index point is worth $1 at settlement. A call with a 7,000 strike pays $100 if the index settles at 7,100. Contracts settle in USDC, a dollar-pegged stablecoin, against the average price over the final 30 minutes for Hyperliquid's S&P 500 perps.
Trading around the clock is the draw. "Hyperliquid has become the best venue for trading these markets outside exchange hours," Sylvestre said.
Hypercall’s exchange's market makers, the firms that quote prices, "hedge on Hyperliquid's perpetual futures, including on weekends when the cash equity market is closed," Sylvestre said. Earnings, economic data and company news can move an underlying asset while its home exchange is closed, and makers "have to price those events around the clock."
Hypercall isn't pitching itself as a replacement for Deribit, the Coinbase Global COIN-owned biggest crypto options venue, which mostly lists bitcoin BTC$83,212.45 and ether ETH$2,508.47 options.
Two market makers are active and three more are being onboarded.
"We haven't named them publicly yet and expect to over the next few weeks," Sylvestre said. "User collateral is held on-chain," it said, but "order matching is off-chain only." Parts of margining and liquidation also run off-chain.
Individual stocksIndex options aren't the only draw. Options on SpaceX SPCX, Nvidia NVDA, Micron Technology (MU) and SanDisk (SNDK) make up more than half of all trades, followed by Apple AAPL, Microsoft MSFT, Meta META, Alibaba (BABA), ether and bitcoin.
"The breadth is in single names," Sylvestre said.
Other platforms are adding stock options too. Bybit began offering 24/7-trading on options on stock perpetuals on Sept. 17, starting with SpaceX and Nvidia. Binance, the largest crypto exchange by value traded, offers options on more than 1,000 U.S. stocks and ETFs to eligible users outside the U.S.
Bitcoin (BTC) can still preserve its traditionally strong October performance, as onchain data points to a local BTC price bottom forming.
Key points:
Onchain data suggested that Bitcoin could still end October strong, following historical patterns. Bitcoin exchange reserves remained 1.7% lower than in mid-September, while whales avoided selling.Apparent demand neared a transition to positive readings for the second time in 2026.BTC price analysis flags “potential bottom” signalsNew analysis published on crypto analytics platform CryptoQuant Monday show onchain conditions in a state of “cautious optimism.”
Bitcoin continues to weather mixed macroeconomic and geopolitical headwinds, which include 24-year highs in US bond yields, rising oil prices and cooling capital inflows to exchange-traded products. These conditions have dampened optimism over Bitcoin delivering a strong performance in October.
“Now, signs of a potential bottom are emerging,” CryptoQuant contributor XWIN Research Japan wrote.
Since the start of October, conditions have changed to increasingly benefit crypto and risk assets. XWIN points to cooling expectations of interest-rate hikes by the Federal Reserve into 2027, boosting the odds of inflows improving. At the same time, markets expect more clarity over the US domestic political situation after the approaching Midterm Elections.
“Less political uncertainty after the vote could help investors reassess allocations,” XWIN continued.
Bitcoin exchange reserves, apparent demand and whale holdings give XWIN reasons to believe that October’s local low may have already occurred.
The BTC supply on exchanges has fallen from 2.726 million on Sept. 20 to 2.68 million as of Tuesday, a decrease of 1.7%, despite a modest increase over the past week.
At the same time, the combined holdings owned by large-volume investors, or whales, remain above 3 million BTC. The cohort’s urge to reduce exposure has survived BTC/USD dropping from $87,000 on Oct. 2 to near $80,000 on Oct. 8.
Bitcoin demand data stays bullish in OctoberApparent demand, a measure that compares newly mined BTC with changes in dormant supply, shows overall demand remains supportive.
The metric has been negative throughout 2026, with a brief period of positive 30-day readings in the second half of August. Since then, demand has been negative, but has recovered to near-neutral levels as of this week.
“These developments suggest conditions for a bottom are improving. Confirmation requires sustained ETF inflows, stronger US spot buying and continued demand recovery,” XWIN said.
“‘Uptober’ need not mean uninterrupted gains: a correction can build the foundation for the next advance.”Bitcoin apparent demand growth. Source: CryptoQuant
This week, crypto asset manager Bitwise said that Q3 onchain data pointed to “crypto spring” after historically significant performance. CryptoQuant CEO Ki Young Ju, meanwhile, announced what he saw as the start of a new crypto bull market in late August, calling the bear market “over.”
This article is produced in accordance with Cointelegraph's Editorial Policy and is intended for informational purposes only. It does not constitute investment advice or recommendations. All investments and trades carry risk; readers are encouraged to conduct independent research.
Britský softwarový inženýr Lewis Barber žaluje BitMEX o 20 milionů £ za údajné neoprávněné nabízení kryptoderivátů britským klientům v letech 2018 až 2022.
Cryptocurrency exchange BitMEX has been named in a £20 million lawsuit filed by British software engineer Lewis Barber, who alleges the company offered unauthorized derivatives trading to UK customers between 2018 and 2022.
Summary
BitMEX faces a £20 million lawsuit from British software engineer Lewis Barber over cryptocurrency trading losses.
Barber alleges BitMEX offered regulated derivatives without authorization from Britain’s Financial Conduct Authority during trading activities.
The claim seeks Bitcoin lost between 2018 and 2022, relying on UK financial services legislation.
BitMEX said the legal claim had not been served on its operating company, HDR Global.
U.S. authorities fined BitMEX $100 million in January 2025 after its earlier Bank Secrecy Act conviction.
The Guardian reported on October 14 that Barber had filed the claim at London’s High Court against HDR Global Trading Limited, the Seychelles-based operator of BitMEX. Barber is seeking the return of Bitcoin he says he lost while trading cryptocurrency derivatives, or compensation of equivalent value. The claim had not been formally served on the company when the allegations became public.
BitMEX faces questions over unauthorized UK trading
Barber’s lawsuit centers on cryptocurrency derivatives, financial contracts that allow investors to speculate on price movements without directly owning the underlying assets. The products often involve leverage, which increases potential gains and losses.
Through his trading activity on BitMEX, Barber alleges he lost Bitcoin worth approximately £20 million between 2018 and 2022. His lawyers argue that the exchange lacked the necessary Financial Conduct Authority authorization to provide the disputed investment services to UK customers.
The claim relies on the Financial Services and Markets Act 2000, particularly provisions dealing with agreements entered into by companies conducting regulated activities without the required permissions.
The legislation provides that certain agreements involving unauthorized regulated activities may be unenforceable. Under specified conditions, affected customers can seek the return of money or property transferred through such agreements.
Barber’s lawyers contend that the provisions apply to his cryptocurrency trades. The court has not decided whether BitMEX breached the applicable rules or whether the investor is entitled to recover his losses.
The disputed transactions involved leveraged cryptocurrency derivatives and perpetual futures, products that allow traders to take positions using borrowed exposure. Such contracts can produce substantial losses when prices move against leveraged positions.
Investor says BitMEX promoted its products in Britain
The lawsuit includes allegations concerning how BitMEX marketed its trading services to potential customers.
Barber’s lawyers claim the exchange conducted promotional campaigns internationally without excluding the United Kingdom. The filing specifically refers to an advertisement published in The Times on January 3, 2019.
The legal team argues that the company’s promotional activities supported its efforts to attract customers in Britain, despite allegedly lacking the regulatory permissions required for certain derivatives products.
The statement of claim refers to an FCA warning issued around March 3, 2020. According to the reported filing, the regulator warned that BitMEX might have been conducting regulated investment activities in the UK without authorization.
Barber’s lawyers maintain that the transactions were therefore subject to the remedies available under British financial services legislation. However, the FCA warning cited in the lawsuit is not itself a court finding that the disputed contracts were unlawful.
Gareth Keillor, a partner at Seladore Legal representing Barber, said the case concerns cryptocurrency trading losses accumulated over several years.
“This is a substantial claim concerning losses sustained by Lewis over a number of years,” Keillor said.
He explained that Barber’s position is that BitMEX entered into the disputed transactions without the authorization required under UK law. The investor is consequently seeking the Bitcoin he lost or equivalent damages.
Keillor suggested that other UK customers may have entered similar agreements with the platform, although the merits of any separate claims would depend on individual trading records and circumstances.
BitMEX says the £20 million claim has not been served
The legal action became public weeks after BitMEX ended its cryptocurrency exchange operations.
The Seychelles-based platform voluntarily closed on September 23, 2026, following a strategic review of its business. The closure ended its trading services but did not prevent legal claims from being filed against its operating company.
Barber named HDR Global Trading Limited as the defendant in the High Court proceedings.
Responding to the reported lawsuit, a BitMEX spokesperson said, “No such claim has been served on HDR Global Trading Limited.”
The statement addressed the formal service of the claim and did not provide a detailed response to the allegations concerning UK regulatory authorization.
Filing proceedings and formally serving them on a defendant are separate legal steps. Service ordinarily gives the defendant notice of the case and an opportunity to respond within the applicable court timetable.
No defense filing, hearing date or judgment in Barber’s case was identified in the October 14 report.
Barber’s lawyers suggested that the proceedings could have consequences for other former customers who traded similar products through BitMEX.
Keillor said other UK residents may have entered comparable contracts, but he cautioned that any potential recovery would depend on the particular facts and trading history.
The legal team suggested that liabilities could reach hundreds of millions of pounds if additional investors brought successful claims. The estimate represents a possible scenario raised by Barber’s lawyers, not an established liability or damages award.
BitMEX has faced previous legal action in the U.S.
The latest case follows earlier enforcement proceedings against BitMEX and its founders in the United States.
In July 2024, HDR Global Trading Limited pleaded guilty to violating the Bank Secrecy Act after federal prosecutors accused the exchange operator of failing to maintain an adequate anti-money-laundering program.
The U.S. Department of Justice confirmed the guilty plea, stating that the company failed to establish sufficient customer identification and compliance procedures while conducting cryptocurrency derivatives business.
Prosecutors said the exchange allowed customers to open accounts using limited identifying information during part of the period covered by the investigation.
In January 2025, the Justice Department announced that BitMEX had been fined $100 million for the Bank Secrecy Act offense.
The sentence followed the company’s guilty plea and included a two-year probation period.
BitMEX founders Arthur Hayes, Ben Delo and Samuel Reed had previously pleaded guilty to related Bank Secrecy Act charges in 2022. They received financial penalties and sentences that did not require imprisonment.
President Donald Trump pardoned the three founders in March 2025.
The earlier U.S. proceedings concerned anti-money-laundering compliance and customer identification requirements. Barber’s lawsuit concerns a separate question involving the authorization needed to offer certain financial products in Britain.
Meanwhile, BitMEX has faced another civil action in New York, where investors accused the exchange of Bitcoin theft and insider trading. The company has denied those allegations.
Ben Delo, one of the exchange’s founders, has separately attracted attention in British politics after making a £36 million donation to Reform UK. Delo said the contribution was intended to support what he described as fair political competition.
Barber’s High Court claim seeks the return of Bitcoin allegedly lost through trading between 2018 and 2022, or equivalent damages. As of the October 14 report, BitMEX maintained that the proceedings had not been formally served on HDR Global Trading Limited.
Coinbase, která drží přibližně 5 % zásoby BTC, vyzvala k včasné přípravě Bitcoinu na přechod k postkvantovému zabezpečení; tento proces může trvat roky.
Recent rapid advancements in quantum computing technology have brought the quantum threat back to the forefront of security concerns for cryptocurrencies, particularly Bitcoin.
The possibility that sufficiently powerful quantum computers could break the current cryptographic systems of cryptocurrencies is raising concerns about the long-term security of digital assets. Therefore, the transition to quantum-resistant technologies and the preparation of existing networks against quantum attacks are becoming increasingly important in the crypto sector, and warnings are mounting. The latest warning comes from Coinbase.
Coinbase Issues Quantum Warning for Bitcoin! Coinbase, which holds approximately 5% of the BTC supply, stated that the Bitcoin network needs to prepare for cryptographic threats that quantum computers may pose in the future. It emphasized that the network should begin planning for a transition as soon as possible. Coinbase’s assessment noted that the transition process could take years.
The exchange stated that Bitcoin needs to proactively respond to potential cryptographic risks that may arise from quantum computers in the future.
At this point, an article titled “Working Together on Bitcoin’s Post-Quantum Readiness” written by Coinbase analyst Shashank Agrawal emphasized that Bitcoin’s transition to post-quantum security cannot be solved simply by choosing a new digital signature algorithm. The exchange added that many factors need to be considered together, including block space constraints, full node verification capacity, institutional asset custody requirements, compatibility with retail wallets, and how to handle non-transferable funds.
According to the company, developers, researchers, and other stakeholders in the crypto ecosystem need to work in coordination to protect the network against future threats.
At this point, Coinbase stressed that the transition could take years and that preparations needed to be completed before any quantum computing threat became a reality.
Coinbase also stated that the future of Bitcoins whose keys are lost or cannot be transferred by their owners, and which are held in old addresses, also needs to be addressed.
*This is not investment advice.
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XRP holders are looking ahead to two important dates in October as Ripple prepares for its annual Swell conference and the XRP Ledger approaches another round of protocol fixes.
The developments could put the XRP ecosystem in focus this month, with one event centered on institutional adoption and industry discussions, while the other concerns the network's technical infrastructure.
From October 27 to 29, 2026, leaders from finance, crypto, and the XRP community will come together for talks, panels, and discussions at the Swell event in New York. For the first time, Ripple combines Swell with Apex, the summit for developers, institutions, and investors building on the XRP Ledger, and UBRI Connect, the academic conference for Ripple's University Blockchain Research Initiative, which brings together researchers and students from its global university network.
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Across three stages, the Swell event will explore where finance is heading: liquidity and settlement, tokenization of real-world assets, stablecoins in bank-grade production, the first year of the spot XRP ETFs, AI agents that move money, and post-quantum security, while Ripple CTO Emeritus David Schwartz and Ayo Akinyele, Senior Director of Engineering at RippleX, will discuss what's next for the XRP Ledger.
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Ripple CEO Brad Garlinghouse will participate in a fireside chat on the evolution of digital assets and where the industry is headed. He will also moderate two conversations: one with Tom Farley, Chairman and CEO of Bullish, on digital asset markets and the future of global finance, and one with actor and co-founder of Water.org Matt Damon and Gary White on how technology and partnerships expand access to financial opportunity.
XRP fix upgrade to go live in OctoberThe fixCleanup3_4_0 amendment, a collection of fixes for Single Asset Vaults, the Lending Protocol, Automated Market Makers, the permissioned DEX, trust lines, NFTs, MPTs, Escrow, Sponsorship, transaction signing, and permission delegation, is set to launch on the XRPL mainnet on October 23, 2026.
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The fixCleanup3_4_0 amendment is essential for Permission Delegation, as until it is enabled, users would not be able to delegate the PaymentBurn granular permission.
October 23, 2026, represents the earliest activation date, as validator support must remain above 80% throughout.
Evernorth is set to mark a major milestone in the public markets, with its leadership preparing to participate in the Nasdaq Closing Bell ceremony in New York. The event represents a new chapter for the company following its recent listing on the exchange under the ticker XRPN.
XRPN’s Nasdaq celebration draws attentionThe occasion has captured the interest of the broader XRP community, with crypto researcher BankXRP describing the event as significant for the XRP ecosystem. BankXRP highlighted the increasing presence of companies focused on XRP as they gain visibility within traditional financial markets.
The Nasdaq Closing Bell ceremony is scheduled for 4:00 PM ET on October 14 and will formally recognize Evernorth’s transition to public trading. The company recently completed its business combination with Armada Acquisition Corp. II, clearing the way for its listing earlier this week.
BankXRP underscored the event as a symbolic step for the XRP sector entering public markets, with the potential to increase recognition of XRP-centric business models among both retail and institutional investors.
Investor sentiment remains mixedCommunity reactions to Evernorth’s upcoming ceremony were varied. Yoda Jr remarked that having an XRP treasury company featured on a major exchange like Nasdaq showcases the progress digital asset firms have made, suggesting it offers a familiar onramp for traditional investors seeking exposure to the XRP sector.
By contrast, another commenter, Why You Mad, questioned the real impact of the bell-ringing event on the prices of XRPN or XRP, viewing the ceremony as largely symbolic rather than a direct catalyst for market movement.
Coin_Scoop encouraged investors to focus on Evernorth’s operational disclosures and financial reports, emphasizing that the long-term performance of the company will be reflected in its future updates rather than one-off celebrations.
Evernorth’s public debut with a major XRP treasuryEvernorth entered the public market holding approximately 473 million XRP and $300 million in gross cash proceeds. The company describes itself as the largest publicly traded pure-play XRP treasury. Unlike passive holding firms, Evernorth intends to actively manage its treasury, pursue opportunities involving decentralized finance, and leverage the XRP Ledger, with the aim of gradually increasing its XRP per share.
Evernorth also benefits from backing by established industry participants, including Ripple, SBI Group, Pantera Capital, Kraken, GSR, and Arrington Capital, strengthening its position in the digital asset space.
In a market where a single Fed decision or a sudden altcoin listing can change everything in seconds, the need for integrated portfolio management tools has grown. Smart traders are now utilizing privacy-first solutions like CryptoAppsy to bring together real-time charts, news, portfolio tracking, and macroeconomic data without the requirement of an account, allowing timely reactions to fast-moving developments.
Distinguishing XRPN from XRPWhile Evernorth’s stock listing has fueled discussion, it has also prompted clarification about the distinction between XRPN and XRP. XRPN represents equity in Evernorth, giving investors exposure to the company’s strategy, while XRP is the underlying digital asset managed by the company. The Closing Bell event is largely ceremonial and does not directly translate to increased demand for XRP in the market.
According to community analysts, the long-term outcome for both XRPN and XRP will depend on Evernorth’s treasury management, strategic execution, and public reporting as it navigates its new role as a public company.
One massive Ethereum (ETH) whale has just sold off all their positions, earning a massive $24.5 million profit after dumping over 52,000 ETH coins, according to blockchain analytics platform Lookonchain.
One massive whale, a major over-the-counter (OTC) investor, just dumped the remaining ETH positions. Altogether, they've sold 9,996 ETH ($25 million approx.) from the wallet address 0x8c58.
This is the final in a line of large selloffs since this massive whale has been unwinding the entire 52,001 ETH position.
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Lookonchain has estimated this whale invested approximately $112.4 million into the positions, resulting in a combined average price of $2,162 per ETH for the initial collection.
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This whale has now unloaded the entire portfolio for an average price of $2,632. This results in a massive $24.48 million profit.
As a reminder, this whale previously dumped the majority of their Ethereum positions on Sept. 24. They sold 42,005 ETH. This was worth roughly $111.89 million at the time. This happened during a general downturn in crypto markets.
They were left holding 9,996 ETH at the time. This whale has now dumped the final tokens in the latest move.
Ethereum whales going big Of course, not every whale is dumping Ethereum at the moment.
In fact, on Oct. 12, Lookonchain spotted a mysterious whale making some very aggressive positioning flips from Bitcoin (BTC) to Ethereum.
First, this whale sold 410.14 BTC ($34.16 million approx.) and then went on to purchase 14,341 ETH ($36.14 million) on DEXes.
Later, this same whale dumped 229 BTC (worth $19.1 million) and purchased another chunk of 7,469.8 ETH.
So, we can see a few of these big investors increasing their exposure to ETH while others are locking in profits.
Currently, Ethereum (ETH) is trading at $2,507.47. It's up 0.7% over the last 24 hours, according to CoinGecko data.
Ethereum price has struggled to sustain a recovery above $2,500 on October 14 as persistent ETF withdrawals, weak market sentiment, and technical resistance continue to limit buying interest.
Summary
Ethereum price continues to struggle near $2,500 as persistent spot ETF withdrawals and weak market sentiment limit recovery attempts.
U.S. spot Ethereum ETFs recorded $542.2 million in net outflows during the week ending October 9, adding to selling pressure.
Daily Bollinger Bands and Aroon readings favor sellers, with ETH trading below the middle Bollinger Band at $2,617.99.
The four hour MACD shows improving momentum, but ETH must clear resistance at $2,543 and $2,580 to strengthen its recovery.
A break below $2,449 could expose support near $2,425 and $2,409, while a sustained recovery could bring $2,618 into focus.
According to TradingView data, Ethereum (ETH) traded at $2,508.58 at the time of writing, up 0.43% on the day after moving between $2,497.94 and $2,522.63.
The second largest cryptocurrency has been trying to recover from last week’s selloff, which pushed prices toward $2,400. However, ETH remains below important resistance levels on the daily chart, while the 4-hour timeframe shows that buyers have yet to establish a convincing recovery.
Ethereum price faces pressure from ETF withdrawals and market selling
Institutional demand has remained weak throughout October, with U.S. spot Ethereum exchange-traded funds recording $542.2 million in net withdrawals during the trading week ending October 9.
According to Farside Investors, the funds recorded five consecutive sessions of outflows during the week, including $201.9 million on October 6 and $160.9 million on October 7.
The withdrawals formed part of a longer selling streak that began on September 29. As crypto.news reported on October 12, cumulative redemptions had reached $697.4 million across nine consecutive negative sessions through October 9.
BlackRock’s ETHA was responsible for a substantial portion of the selling, particularly during the two largest withdrawal sessions.
Institutional outflows have coincided with selling across the cryptocurrency market, where leveraged positions have contributed to recent price swings.
Ethereum was trading near $2,718 on October 6 before losing the $2,600 level during the following session. Geopolitical tensions around the Strait of Hormuz accompanied the market decline, with Bitcoin and other major cryptocurrencies recording losses.
The selling pushed ETH toward $2,409 before buyers stepped in, although subsequent recovery attempts have struggled to move decisively beyond the $2,500 region.
Derivatives positioning has created another obstacle. CoinGlass liquidation data cited in October 12 market coverage identified overhead liquidation concentrations around $2,585, $2,635 to $2,640, and $2,740.
A recovery into these regions could trigger short liquidations, but the same areas may attract traders looking to exit positions following the recent decline.
Meanwhile, corporate Ethereum accumulation has continued despite the weaker market.
BitMine Immersion Technologies purchased another 12,532 ETH during the week ending October 11, bringing its reported holdings to 6,028,946 tokens, or approximately 4.9% of Ethereum’s supply.
The company’s chairman, Tom Lee, has warned that selling in South Korea’s stock market could spread into cryptocurrency markets through liquidations. The warning followed a decline of more than 6% in South Korea’s KOSPI index on October 13.
BitMine’s continued purchases have provided a source of institutional demand, although they have not prevented ETH from trading below its recent highs.
Daily indicators favor sellers
On the daily ETH/USDT chart, Ethereum is trading below the middle Bollinger Band, indicating that sellers continue to have the upper hand despite the latest recovery attempt.
ETH/USDT 1-day price chart. Source: crypto.news
The middle band currently stands at $2,617.99, nearly $110 above the prevailing market price.
A recovery toward this level would require ETH to overcome several resistance areas established during the recent decline. Until then, the middle band remains a potential ceiling for any rebound.
The lower Bollinger Band sits at $2,425.34, close to the area where buyers entered the market during the latest selloff.
A move below $2,425 could expose the recent swing low near $2,409. Sustained selling below that level would leave the $2,350 to $2,380 region as a possible next downside target.
The upper Bollinger Band, meanwhile, stands at $2,810.63. However, a move toward that level would first require Ethereum to recover above the middle band and overcome resistance around $2,700.
The Aroon indicator provides another view of the prevailing trend.
On the daily chart, Aroon Down stands at 57.14%, while Aroon Up is considerably lower at 14.29%.
The difference indicates that recent lows have been more influential than recent highs, although the Aroon Down reading has not reached levels normally associated with a particularly strong downtrend.
Aroon Up would need to recover and cross above Aroon Down to indicate that buyers are beginning to establish a stronger trend.
Until such a crossover develops, the daily readings leave Ethereum vulnerable to renewed selling, particularly if the price fails to hold above $2,450.
The 4-hour chart presents a somewhat different picture, with momentum beginning to improve following the decline toward $2,409.
ETH/USDT 4-hour price chart. Source: crypto.news
Ethereum’s Moving Average Convergence Divergence indicator shows the MACD line at -8.68, above the signal line at -10.01.
The histogram has turned positive at 1.33, indicating that bearish momentum has eased and that buyers have regained some short-term ground.
However, both the MACD and signal lines remain below zero, meaning the recovery has not yet developed into a confirmed bullish trend.
The histogram has also narrowed following its earlier expansion, suggesting that the initial recovery is losing momentum as ETH trades near $2,500.
Fibonacci retracement levels drawn between the recent swing low of $2,409.09 and swing high of $2,579.88 place immediate resistance around $2,514.54, corresponding to the 0.618 retracement.
A sustained move above this level could allow ETH to challenge $2,543.33, the 0.786 retracement, before attempting to revisit $2,579.88.
A breakout above $2,580 would bring the daily Bollinger middle band near $2,618 into focus.
If buyers manage to reclaim that level, the next resistance areas would lie near $2,685 and $2,700, although such a recovery would require stronger momentum than the current 4-hour readings suggest.
On the downside, initial support lies around $2,494, followed by the Fibonacci levels at $2,474.33 and $2,449.40.
A breakdown below $2,449 would raise the possibility of another move toward $2,409, particularly if the 4-hour MACD crosses back below its signal line.
For a stronger recovery, the 4-hour MACD would need to move above zero while ETH reclaims $2,543 and subsequently $2,580. On the daily timeframe, $2,618 remains the next significant resistance level before buyers can challenge the $2,700 region.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
An Ethereum wallet associated with sven.eth has reportedly lost 9.1231 ETH, valued at approximately $22,770, and 1.69271471 TAPEETH tokens after an attacker used a malicious EIP-7702 authorization to gain control of the account.
Summary
Security firm ExVul reported that an Ethereum wallet lost 9.1231 ETH through malicious account delegation.
The reported attack involved 1.69271471 TAPEETH tokens alongside Ethereum valued at approximately $22,770 at detection.
A sponsored EIP-7702 transaction reportedly enabled attacker controlled code to execute through the victim’s wallet.
ExVul attributed the theft to malicious wallet authorization, not a vulnerability in PodMining or TAPEETH.
The security firm warned that the malicious delegation remained active at Ethereum block 26,188,153 afterward.
Blockchain security firm ExVul reported the incident on October 14, identifying an attacker-sponsored transaction that activated malicious code previously authorized by the wallet owner. The firm attributed the theft to an unsafe delegation, explaining that the attacker drained the wallet without exploiting the underlying DeFi protocol.
The reported incident involved the wallet linked to sven.eth and an attacker-controlled address beginning with 0x9208. According to ExVul’s investigation, the authorization allowed code installed through Ethereum’s EIP-7702 mechanism to operate with the wallet’s permissions.
Ethereum EIP-7702 attack drains ETH and TAPEETH
The reported theft involved 9.1231 ETH and 1.69271471 TAPEETH, with the ETH portion valued at approximately $22,770 when ExVul published its findings. The security firm did not provide a separate dollar valuation for the TAPEETH tokens.
ExVul identified the transaction hash as 0x36e0d1491c14e3d8e50bc70d73675b89d2d4712814d16f808f957c84fde820ee, linking the activity to a sponsored type-4 Ethereum transaction. Such transactions support EIP-7702 authorizations, which allow ordinary wallet addresses to execute smart contract code.
The investigation attributed the attack to 0x9208097c007be15e28b20e94e66870a3f9f820bc. The victim’s wallet was identified as 0xd8ba9e5886b7000bace2c9dbdd0be98ac77d4a28, while the malicious delegation pointed to 0x0366b55f948a688888ca6e029ad0831f6ec260d1.
🚨 ALERT — EIP-7702 Wallet Drain on Ethereum
sven.eth was drained for 9.1231 ETH net (~$22.77K) plus 1.69271471 TAPEETH.
No flash loan or AMM manipulation was involved: the attacker sponsored a type-4 transaction carrying the victim's valid EIP-7702 authorization, then swept…
— ExVul (@exvulsec) October 14, 2026
According to the security alert, the attacker submitted a transaction containing an EIP-7702 authorization signed by the victim. Once Ethereum processed that authorization, subsequent calls to the affected wallet executed the delegated contract’s instructions within the victim account.
The attacker-controlled code reportedly contained a fixed address authorized to operate the wallet. The controller then invoked the PodMining.claim() function, transferred the resulting TAPEETH rewards and withdrew the wallet’s ETH balance.
ExVul emphasized that “No flash loan or AMM manipulation was involved.” Its findings identified the account authorization as the entry point, with no evidence in the supplied analysis of an exploit involving liquidity pools or price manipulation.
How malicious wallet delegation enabled the theft
EIP-7702 is part of Ethereum’s account abstraction development, allowing externally owned accounts to temporarily gain smart contract functionality through delegated code.
Under the official Ethereum specification, a user signs an authorization identifying the smart contract that will control the account’s execution behavior. Once submitted through a compatible transaction, Ethereum records the delegation and runs the designated code when the wallet receives relevant calls.
The feature supports legitimate applications, including sponsored transactions, transaction batching and more flexible wallet permissions. A user can authorize multiple actions through a single transaction or allow a third party to cover the network fee.
However, the same mechanism carries security risks when an account delegates execution to malicious code. Ethereum’s EIP-7702 specification explains that poorly designed or malicious delegation contracts can grant an outside party extensive control over the account.
In this incident, the attacker reportedly paid the transaction fee and submitted the signed authorization. The wallet owner did not need to fund or broadcast the transaction that activated the malicious delegation.
The signature supplied authority for the wallet to execute the attacker’s code. Once activated, the code operated under the victim’s account context, allowing the controller address to initiate the reported asset transfers.
ExVul stated that the exploit “is not a TAPEETH / PodMining bug.” The conclusion distinguishes the authorization mechanism from a vulnerability in the token or the reward contract.
The firm did not establish how the attacker obtained the victim’s authorization. Its public findings do not identify a specific phishing website, malicious application or compromised signing interface.
Malicious authorization could threaten future deposits
After the reported theft, ExVul warned that the wallet’s malicious delegation remained active at Ethereum block 26,188,153.
The warning concerns a feature of EIP-7702: setting a delegation does not automatically remove it when the transaction finishes. The authorized contract can remain associated with the wallet until the account owner replaces or clears the delegation.
Ethereum’s official security guidance explains that a wallet owner retains control through the original private key, including the ability to reset delegation by authorizing the zero address. However, malicious delegated code may remain dangerous until the change is successfully processed.
ExVul warned users against transferring new assets into the affected address while the suspicious delegation remained active. Newly deposited funds could face the same exposure if the attacker’s code continued to control spending permissions.
The firm recommended clearing or replacing the authorization and moving remaining assets to a secure wallet. Such recovery actions require care because the affected address may execute malicious instructions while the delegation persists.
The warning was based on the delegation status observed at block 26,188,153. ExVul’s original alert did not establish whether the victim had subsequently removed the malicious code or recovered any assets.
No reimbursement arrangement, recovery transaction or law enforcement action was identified in the supplied investigation.
EIP-7702 has raised similar security concerns before
The latest reported attack follows previous warnings from blockchain security researchers about malicious account delegations.
In May 2025, crypto market maker Wintermute identified widespread use of EIP-7702 contracts designed to automatically drain funds from compromised Ethereum wallets.
Wintermute’s research found that more than 97% of observed EIP-7702 delegations at that stage pointed to contracts using identical code. Its analysis associated many of those delegations with automated sweepers that could transfer incoming ETH to attacker-controlled addresses.
The earlier security concerns surrounding Ethereum’s Pectra upgrade centered on attackers abusing wallet delegation features introduced through EIP-7702. Security researchers warned that malicious code could remain connected to accounts after victims completed the initial authorization.
A separate incident involving World Liberty Financial tokens in September 2025 raised similar concerns. Blockchain investigator Yu Xian reported that attackers were using compromised wallet permissions and EIP-7702 delegation to target holders after token transfers became available.
The phishing attacks against WLFI token holders involved malicious delegation contracts that allowed attackers to execute unauthorized transactions. Investigators linked the activity to compromised wallet credentials and fraudulent authorizations.
In July 2026, another Ethereum phishing incident involving nearly $1 million demonstrated how dangerous wallet approvals can expose cryptocurrency holdings. That case involved malicious transaction permissions and was not established as the same exploit method reported against sven.eth.
Ethereum’s EIP-7702 specification identifies several safeguards for developers building delegation contracts, including replay protection, authenticated transaction parameters and secure initialization procedures.
The specification warns that poorly implemented delegation contracts may give malicious actors nearly complete control over the affected account. It recommends carefully verifying the permissions granted to delegated code, particularly when external parties can submit transactions on behalf of wallet owners.
ExVul’s October 14 alert identified the malicious contract, controller address and affected account, but did not disclose whether the victim had since replaced the authorization. The investigation recorded the suspicious delegation as active at block 26,188,153.
Standard Chartered v SAE umožnila oprávněným bonitním klientům přímý nákup a prodej bitcoinů a etheru prostřednictvím jejich stávajících bankovních účtů.
Standard Chartered has unveiled a new crypto trading service that lets eligible affluent clients buy and sell Bitcoin and Ethereum directly through their existing bank accounts. This marked a first for the bank and for an international lender in the UAE.
Standard Chartered Enables Direct Bitcoin and Ethereum Trading Standard Chartered launched a first-of-its-kind crypto trading solution for affluent clients, according to an official announcement on October 14. Eligible professional clients in the UAE can now buy and sell Bitcoin (BTC) and Ethereum (ETH) directly through their existing bank accounts.
It becomes possible through a strategic collaboration between the bank’s Wealth and Retail Banking (WRB) and Corporate and Investment Banking (CIB) businesses, alongside SC Ventures-backed Zodia Markets, and regulation by Dubai’s Virtual Assets Regulatory Authority (VARA).
The crypto trading solution integrates institutional-grade custody, liquidity, and client access within a single, end-to-end digital asset ecosystem. Transactions will run within the bank’s ecosystem under a closed-loop model, reducing wallet risks.
This will enable clients to access crypto assets with their existing banking relationship while benefiting from institutional-grade custody and operational safeguards.
Samir Subberwal, Global Head of Wealth Solutions, Retail Products, Data & Analytics at Standard Chartered, described the launch as a significant milestone that brings crypto assets into the bank’s core wealth offering. He added that clients demand secure, regulated access as digital assets move into the mainstream.
“We are proud to be the first international bank in the UAE to launch a cryptocurrency trading offering,” said Rola Abu Manneh, CEO for UAE, Middle East and Pakistan at Standard Chartered.
Expanding Crypto Capabilities Across UAE Institutional and Wealth Services The launch builds on Standard Chartered’s broader crypto assets activities in the UAE and other key regions. This builds on Standard Chartered’s launch of spot crypto trading in Bitcoin and Ethereum for institutional clients in the UAE last month.
The service lets eligible institutional clients trade deliverable BTC/USD and ETH/USD through familiar electronic FX platforms, with settlement options including the bank’s own digital asset custody.
As CoinGape reported earlier, Standard Chartered launched institutional USDC minting and redemption through DIFC, becoming the first G-SIB to offer institutional access to USDC through a regulated banking channel.
Recently, Standard Chartered announced institutional custody support for Ripple’s RLUSD stablecoin on the XRP Ledger. The bank also joined Ripple and LMAX Group to enable RLUSD as eligible collateral.
Pákový poměr Etherea klesl na 0,62, což je nejnižší úroveň od listopadu 2025. Americké spotové ETF na Ethereum zaznamenaly desetidenní sérii čistých odlivů, nejdelší od poloviny května do začátku června.
Ethereum‘s derivatives market has witnessed a notable decline in leverage, as persistent outflows from institutional products and weak US trading activity weigh on the cryptocurrency’s recovery prospects.
Leverage and institutional flows weakenRecent data from on-chain analytics provider CryptoQuant indicates that Ethereum’s Estimated Leverage Ratio (ELR) has declined to 0.62. This marks its lowest reading since November 2025, pointing to a reduction in the use of leverage by traders in the ETH market.
The Estimated Leverage Ratio is calculated by comparing open interest in derivatives to the amount of an asset held in spot exchange reserves. It provides insights into how much of the market’s activity is driven by leverage versus actual holdings.
Mini dictionary: Estimated Leverage Ratio (ELR), a metric that assesses the proportion of leverage used in the derivatives market by comparing derivatives open interest with spot exchange reserves.
The drop in leverage has coincided with declining open interest on Ethereum derivatives exchanges. This trend indicates that traders have generally adopted a more cautious stance, preferring not to expand leveraged positions despite recent price movements.
In addition, the Net Taker Volume for Ethereum remains negative, reflecting ongoing sell-side pressure in perpetual futures trading. This metric highlights that market-order selling currently exceeds buying across these instruments.
The cautious sentiment was further underscored by the Coinbase Premium Index, which recently fell to -0.117. This negative value means that Ethereum is currently trading at a discount on Coinbase compared to other major exchanges, suggesting more muted demand from US-based buyers.
Ethereum’s market data continues to highlight cautious behavior from traders, as the decline in leverage and persistent negative taker volume signal that participants remain wary of new long positions.
Institutional flows have also been under pressure. Data from SoSoValue shows that US-listed spot Ethereum ETFs reported $85.4 million in net outflows on Monday. Although there was a modest inflow of $24.84 million on Tuesday, the 10-day net redemption streak is now the longest since mid-May to early June.
DateETH ETF Net FlowsMonday$85.4 million outflowTuesday$24.84 million inflowPrevious 10 daysConsecutive outflowsTechnical outlook for ETHTechnically, Ethereum has been consolidating on its daily chart as it attempts to build support near its 50-day exponential moving average (EMA), which sits around $2,501.
The immediate challenge for buyers lies at the $2,548 resistance level. A successful move above this first barrier would bring the 20-day EMA, currently at about $2,578, into focus as the next key resistance.
If bullish momentum strengthens, traders may watch for targets at $2,636 and $2,781, with further resistance identified at $3,075 and $3,253.
Momentum indicators remain subdued. The Relative Strength Index (RSI) is hovering near 43, below the neutral 50 midpoint, while the Stochastic Oscillator has dropped to 27, which signals weak momentum and nears oversold territory.
On the downside, initial support can be found at $2,413. Further declines could expose Ethereum to support at $2,355 and its 100-day EMA. Deeper pullbacks would likely bring $2,204 and $1,971 into view as additional support areas.
Ethereum must clear the $2,548 and $2,578 barriers to shift momentum in favor of buyers, while sustained ETF outflows and sluggish US demand create challenges for a robust recovery.
Strike Finance integrates RealFi yields into its liquidity vaults.
Advertised returns approach 50% APR but remain variable.
ADA trades near $0.235, with support around $0.228.
Open interest reaches $239.7 million after a modest daily increase.
Cardano founder Charles Hoskinson has praised Strike Finance following its integration of RealFi yield into the platform’s liquidity vaults, a development that expands the use of real-world asset-backed products within Cardano’s decentralized finance ecosystem.
Alright Cardano, RealFi is open for business through Strike. One of the best DApps on Cardano
— Charles Hoskinson (@IOHK_Charles) October 14, 2026
Strike says the integration allows users to access returns associated with RealFi alongside its existing vault strategies. The platform is advertising annual percentage rates approaching 50%, although those figures are variable and should not be confused with the returns generated by RealFi’s underlying assets.
Hoskinson welcomed the development, describing Strike as one of Cardano’s best applications.
The announcement comes less than two weeks after RealFi launched on Cardano mainnet on October 1. ADA, however, continues to face technical resistance, trading around $0.235 in the October 14 market snapshot.
Strike Adds Real-World Yield to Its Vault Strategies
RealFi brings a different source of returns to Cardano’s DeFi market.
Its two-token system consists of USDrf, a dollar-denominated stablecoin backed by a portfolio of financial assets, and sUSDrf, a yield-bearing token that provides exposure to returns generated by the underlying portfolio.
According to RealFi’s documentation, the portfolio includes U.S. Treasury bills, money-market funds, investment-grade credit instruments and private lending.
The structure is designed to separate liquidity needs from yield generation. USDrf serves as the more liquid base asset, while sUSDrf carries additional exposure to investment performance and potential losses.
Strike’s integration introduces these returns into a separate DeFi strategy.
Under its documented vault model, depositors allocate funds to managed trading accounts, where profits and losses are reflected in the value of their vault shares.
The latest promotional figures include:
49.27% APR for sUSDrf-linked positions.
37.03% APR for ADA-backed positions.
Up to 50% APR across selected vault strategies.
Strike also advertises borrowing against eligible collateral at 0% interest.
These figures were presented in the October 14 announcement and are not independently verified realized returns. The available information does not establish how much of each vault’s advertised APR comes from RealFi, trading performance or other strategy components.
That distinction is central to evaluating the integration.
Why a 50% APR Does Not Mean RealFi Earns 50%
RealFi’s own product information advertises up to 10% APY for its staked token, substantially below the figures associated with Strike’s selected vault strategies.
The difference is not necessarily contradictory. The products operate at different levels and involve different sources of return.
RealFi’s yield originates from financial assets supporting its token system. Strike’s vault performance can also depend on trading activity and how capital is deployed within its strategies.
APR and APY also use different annualization conventions. APR generally excludes compounding, while APY incorporates it.
Neither measure guarantees that the quoted return will persist.
For example, a strategy displaying 49.27% APR could subsequently produce a much lower return or record a loss. Its advertised rate should not be treated as a fixed payment obligation.
The risks extend beyond changing yields.
Collateral liquidation. Borrowers may lose pledged assets if their collateral falls below the required threshold.
Trading losses. Vault positions can decline in value, reducing depositor balances.
Credit exposure. RealFi’s underlying portfolio includes assets that may experience defaults or valuation losses.
Liquidity restrictions. Withdrawals and redemptions may depend on market depth, available funds and applicable waiting periods.
RealFi’s redemption disclosures distinguish institutional redemption arrangements from retail exits through decentralized exchanges. Retail holders are not guaranteed immediate liquidity or an exit at the token’s target value.
Geographic eligibility is another limitation. RealFi states that USDrf and sUSDrf are unavailable to persons in the United States, United Kingdom, European Union and certain other jurisdictions.
These restrictions mean the new integration should not be interpreted as universally accessible across Cardano’s user base.
ADA Tests a Support Zone Near $0.228
The latest price chart shows that Cardano’s broader market performance remains weaker than the optimism surrounding the RealFi integration.
At the time of writing ADA trades at $0.23480 on Coinbase, according to the TradingView chart from October 14, representing a daily decline of 0.38%.
Cardano trades within a rising price channel.
The token remained below its 20-day simple moving average at $0.24861.
That level closely matches the 23.6% Fibonacci retracement at $0.24863, creating a resistance area near $0.249.
A sustained move above that region would improve the short-term technical outlook and bring the recent trading area around $0.26 into focus.
Support is closer to the current price.
The 50-day moving average stands at $0.22813, just above the 38.2% Fibonacci retracement at $0.22740. The chart’s rising trendline also approaches this zone.
Together, these indicators make $0.227–$0.228 an important area to monitor.
A sustained break below it would weaken the ascending price structure. The next technical references are the 200-day moving average at $0.21251 and the 50% Fibonacci retracement at $0.21024.
The 100-day moving average, currently near $0.20410, provides a lower reference if selling pressure continues.
Momentum indicators support a cautious interpretation.
The 14-day Relative Strength Index stood at 47.26, below the neutral 50 level and its signal average of 55.94.
That suggests momentum has weakened, although ADA is not yet in traditionally oversold territory.
These levels describe potential market reactions rather than guaranteed support or resistance. The chart also does not establish a direct relationship between Strike’s announcement and ADA’s price movements.
ADA Derivatives Show Limited New Positioning
Derivatives data provide little indication of a major speculative buildup around the announcement.
ADA open interest reached approximately $239.7 million on October 14, according to information from Coinalyze, increasing 0.62% over the preceding 24 hours.
The figures cover perpetual contracts, with most outstanding positions concentrated across Binance, Bybit, Hyperliquid and OKX.
Cardano / Derivatives
ADA Open Interest by Exchange
Total Open Interest
$239.7M
+0.62% / 24h
Exchange
OI (USD)
Share
1
Binance
$93.8M
39.1%
2
Bybit
$68.6M
28.6%
3
Hyperliquid
$36.1M
15.1%
4
OKX
$33.7M
14.1%
+
Others
~$7.5M
3.1%
Market Concentration
Top four exchanges
96.9%
Most reported ADA perpetual exposure is concentrated on four venues. Open interest does not indicate whether positioning is bullish or bearish.
The concentration shows where leveraged exposure is held, but it does not establish whether traders expect prices to rise or fall.
Every derivatives contract has both a long and a short side. Open interest alone cannot determine which group is driving the market.
Funding rates, trading volume and liquidation data would be needed to assess positioning more thoroughly.
The modest daily increase therefore suggests limited expansion in outstanding contracts rather than a decisive shift in market sentiment.
RealFi’s Next Test Is Sustained Vault Performance
Strike’s integration gives RealFi another distribution channel shortly after its mainnet launch.
Separately, Cardano has brought CIP-0113 programmable tokens to mainnet, introducing conditional transfers designed for regulated financial assets.
The more meaningful measures of adoption will be sustained deposits, realized returns after fees and the ability of vault strategies to withstand unfavorable market conditions.
For Cardano, the development broadens the practical use of its real-world asset infrastructure. Whether that translates into lasting DeFi activity will depend on the performance of the products themselves, not their advertised annualized yields.
Alexander Zdravkov is a crypto journalist and market analyst specializing in digital assets, blockchain technology, and the rapidly evolving cryptocurrency market. He entered the industry more than four years ago, drawn to the speed of innovation in crypto and the potential of blockchain-based financial systems to reshape traditional markets.
His work focuses on understanding the forces behind crypto market movements, from Bitcoin and altcoin cycles to institutional adoption, regulation, exchange-traded products, stablecoins, DeFi, and emerging blockchain ecosystems. Rather than simply following price action, Alexander looks at liquidity, investor positioning, market structure, and macroeconomic conditions to identify developing trends and explain what they could mean for digital assets.
With a degree in International Relations, he brings a broader perspective to cryptocurrency coverage by connecting developments in the sector with monetary policy, geopolitics, regulation, and global capital flows. This allows him to examine crypto not as an isolated market, but as an increasingly interconnected part of the global financial system.
Over the course of more than five years in financial journalism, Alexander has written over 5,000 articles covering cryptocurrencies, blockchain, traditional markets, and the global economy. His reporting spans Bitcoin, Ethereum and altcoins, DeFi protocols, institutional crypto adoption, regulation, market infrastructure, security incidents, and major developments shaping the wider digital asset industry.
His approach is centered on giving readers context behind the numbers and headlines, explaining not only what is happening in crypto markets, but why it matters and what could come next.
Aave announced at 15:47 UTC on October 13, 2026 that its DAO had approved incentives for the Coinbase Tokenized Stocks market on Base. The published program terms say rewards began that day, are paid in $USDC through Merkl, and continue until the budget runs out. They do not state a campaign-specific budget.
The campaign covers supply positions in AAPLc, AMZNc, GOOGLc, METAc, MSFTc, NVDAc, and TSLAc. The rate is variable and not guaranteed. Aave can modify, pause, or end the program early, while rewards accrued before a change remain claimable for eligible users.
Access follows the issuer’s jurisdictional restrictions. The terms exclude US persons and anyone located in the United States. They also exclude people in jurisdictions where Coinbase does not offer the tokens, comprehensively sanctioned jurisdictions, listed persons and addresses, and anyone whose participation would violate local law.
Claiming rewards amounts to a representation that the claimant is eligible, acquired the tokens under the issuer’s terms, and complies with applicable law. The terms say rewards accrued by an ineligible person are not validly earned and may be withheld. This makes eligibility part of the claim process rather than a promise that every address supplying collateral will receive rewards.
The DAO approved the incentive budget through a broader funding update. TokenLogic said rewards are drawn only against live campaigns and that it will report incentive spending through its governance updates. The incentive post does not identify how much of the broader allowance is assigned to this campaign, so its end date cannot be calculated from the published terms.
What the incentives pay for
The incentives sit on top of an isolated lending market rather than turning the stocks into borrowable assets. Aave’s Base market specification places the seven stocks in a dedicated Equities Hub. Users can post any combination as collateral and borrow $USDC. The equities themselves cannot be borrowed.
That separation matters to $USDC suppliers. Joining the hub explicitly opts them into lending against tokenized equity collateral, and the exposure does not extend to Aave’s other Base markets. The hub also includes a supply-only tokenized $USDC spoke for vaults and aggregators.
Pooling lets one borrower use a combination of supported stocks in one position. Each asset keeps its own collateral factor, so the composition of the account determines borrowing capacity. A diversified basket does not receive a separate borrowing multiplier. The market’s separation also means a problem with this collateral set does not automatically spread its exposure to lenders in other Aave markets.
Borrowing power varies by stock. The approved collateral factors are 78% for AAPLc, 73% for AMZNc, 76% for GOOGLc, 65% for METAc, 79% for MSFTc, 70% for NVDAc, and 65% for TSLAc. The market uses a 5.5% maximum liquidation bonus and a 10% liquidation fee. Its $USDC reserve has a 32 million add cap and a 21 million draw cap.
The token structure adds risks that do not exist for ordinary crypto collateral. LlamaRisk’s technical assessment says each token is a certificate over shares held in segregated custody under a bare trust governed by Abu Dhabi Global Market law. Secondary-market buyers initially have economic exposure but no redemption right until they complete the issuer’s vesting process. The program terms also say Coinbase, not Aave DAO, TokenLogic, or Aave Labs, issues the tokens.
The price feed includes an issuer multiplier as well as the underlying share price. The multiplier begins at 1.0 and changes for corporate actions. A reinvested dividend raises it after fees and withholding tax, while a stock split changes it by the split ratio. During a corporate action, the issuer pauses its registry flag, minting and redemption stop, and the feed holds its last value until the adjusted price is confirmed. Token transfers can continue during that window.
The price feed stops when stocks stop trading
The market operates continuously, but its equity prices do not. Chainlink’s tokenized equity feeds publish from Sunday evening through Friday evening in US Eastern time and hold their last value during weekends and market holidays. The feeds use a 0.5% deviation threshold and a 24-hour heartbeat while sessions are open.
A frozen feed means a position’s reported collateral value does not move during a closure. Its health factor can still fall as interest accrues. When the feed resumes, news accumulated during the closure can appear in one price update and push a position below its liquidation threshold. LlamaRisk modeled the collateral factors around that gap, including a historical closure lasting 92 hours and 35 minutes and a 24% stressed debt rate.
Liquidators may also face a delay after taking collateral. The assessment says issuer redemption is available only to vested holders and settles during regular market hours. Base secondary liquidity can be thin, while an off-hours liquidator may need to hedge until the underlying market opens. The maximum liquidation bonus is designed around redemption, secondary-market sale, and perpetual-hedge routes.
For stock holders, the immediate change is a variable $USDC subsidy on collateral they could already use to borrow $USDC. The reward is not a contractual entitlement, and its rate can fall as participation grows. A supplier also remains exposed to the issuer, custody arrangement, price feed, smart contracts, and liquidation process.
For $USDC suppliers, the campaign may bring more collateral into the isolated hub, but it does not remove weekend repricing or liquidation-path risk. They have opted into that risk by supplying to this hub rather than another Aave market.
The next milestone is not dated. The campaign ends when its budget is exhausted unless Aave modifies, pauses, or stops it earlier. The figure to watch is whether borrowing demand remains after the variable subsidy changes or disappears.
PancakeSwap wants to give liquidity providers a much bigger slice of the pie. A new discussion-stage proposal would send 88% of trading fees from its v3 and Infinity pools directly to the people supplying the liquidity.
The rest would flow to the protocol treasury. Meanwhile, the CAKE emissions picture is getting leaner too, with the plan framed around a roughly 69% total cut to emissions.
What the proposal actually changes
PancakeSwap’s newer pool designs, v3 and Infinity, use concentrated liquidity. That means LPs can park their capital in specific price ranges instead of spreading it thin across every possible price.
Under the plan, 88% of the fees those pools generate would go to LPs. The remaining share would be directed to the treasury rather than elsewhere in the system.
The older v2 pools are left alone. Their existing fee structure, which includes a mechanism that buys back CAKE and burns it, stays intact.
The emissions side ties back to earlier changes. Tokenomics 3.0, introduced in April 2025, reduced daily CAKE emissions by roughly 44%, from about 40,000 tokens to around 22,500. Factoring in the latest proposal, the cumulative reduction comes to roughly 69%.
It is worth stressing that this is still at the discussion stage. Nothing has been voted through yet.
The deflation scoreboard so far
As of October 2026, the protocol reports a net CAKE supply reduction of roughly 15-16%. Supply has fallen from about 392 million tokens in September 2023 to around 330 million.
The protocol has recorded 37 consecutive months of net burns since September 2023, meaning more CAKE has been destroyed than created every single month in that stretch.
Weekly data from mid-October 2026 points the same direction, with approximately 529,000 CAKE burned in a recent period against lower emissions.
The broader framework behind all this goes by the name “The Kitchen.” Tokenomics 3.0 set a target of around 4% yearly deflation, funded by buybacks drawn from protocol revenue.
On the product side, Infinity has become a serious volume engine. Its pools have logged cumulative trading volume of more than $150 billion.
On some chains, Infinity already hands LPs up to 90% of fees. Robinhood Chain is one example. So the 88% figure for v3 and Infinity is less a radical leap and more a move toward standardizing a generous split across the board.
Background: from farm token to fee machine
PancakeSwap is one of the largest decentralized exchanges operating mainly on BNB Chain. For years, the main lever protocols pulled to attract LPs was token emissions. PancakeSwap’s recent tokenomics overhauls have been an attempt to replace that subsidy with real trading fees.
What this means for LPs, CAKE holders and the treasury
For CAKE holders, cutting emissions reduces new supply hitting the market, which supports the deflationary narrative. Keeping the v2 burn intact preserves at least one direct link between trading activity and token destruction.
Sending the non-LP share of v3 and Infinity fees to the treasury, rather than into buybacks, is a choice worth watching. A treasury can fund development, partnerships, or future burns, but holders will want clarity on how those funds get used.
Lower emissions mean fewer token rewards for LPs, so the higher fee share partly compensates for that lost income. Whether the trade is a net gain for LPs depends heavily on how much volume the pools keep generating.
The key things to watch are the governance discussion itself, any changes to the 88% figure as the community weighs in, and whether a formal vote follows. After that, the real test is whether LP deposits and trading volume in v3 and Infinity pools respond to the new split.
The 37-month net burn streak is the other number to keep an eye on. With v2 still handling the burn, a meaningful shift of volume toward v3 and Infinity could change how quickly CAKE supply shrinks from here.
Disclosure: This article was edited by Estefano Gomez. For more information on how we create and review content, see our Editorial Policy.
Binance 19. října 2026 v přibližně 01:00 UTC pozastaví vklady a výběry na síti IoTeX (IOTX) v souvislosti s upgradem a hard forkem. Obchodování nebude ovlivněno.
This is a general announcement. Products and services referred to here may not be available in your region. Fellow Binancians, Starting at approximately 2026-10-19 01:00 (UTC), Binance will suspend the deposits and withdrawals of token(s) on the IoTeX (IOTX) network to support its network upgrade and hard fork to ensure the best user experience. The network upgrade and hard fork will take place at the block height of 53,533,081, or approximately at 2026-10-19 02:00 (UTC). Please note: The trading of token(s) on the aforementioned network will not be impacted.Binance will handle all technical requirements involved for all users.Deposits and withdrawals for token(s) on the aforementioned network will be reopened once the upgraded network is deemed to be stable. No further announcement will be posted.There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise. For more information, please refer to the announcement from the project team. Thank you for your support! Binance Team 2026-10-14
Render Network a Solana 16. listopadu na konferenci Breakpoint 2026 v Londýně představí výstavu 15 umělců s původními 3D díly vytvořenými prostřednictvím decentralizované GPU infrastruktury Render Network.
Render Network and Solana are set to highlight decentralized rendering technology at an immersive digital art exhibition in London during Breakpoint 2026. The event, called BEYOND THE FRAME, is scheduled for November 16 and will feature 15 artists displaying original 3D works powered by the Render Network. This initiative comes as market participants watch RENDER’s price rebound from recent lows.
Immersive Digital Art Event Scheduled for Breakpoint 2026BEYOND THE FRAME will take place at FRAMELESS London, coinciding with Solana’s Breakpoint 2026 conference. Organizers plan for the event to run from 7:30 PM to 10 PM, inviting participants to experience 3D art specifically created for the venue’s immersive rooms.
All artwork will be rendered using the decentralized GPU infrastructure of the Render Network, which connects artists and creators with distributed computing resources. Attendance at the event is complimentary, though capacity is limited due to venue constraints.
The collaboration between Solana, a high-throughput blockchain designed for decentralized applications, and Render Network marks a notable merger of creative and technical communities, bringing additional attention to both ecosystems.
Render Network says the show aims to reveal how its distributed computing platform can deliver visually striking experiences in real time. However, the announcement does not mention any direct uptick in network revenue or user count as a result of this event, leaving the broader impact on adoption yet to be determined.
Decentralized Rendering Expands RENDER’s Use CaseRender Network is a decentralized protocol that allows creators to access global GPU computing power for graphics-intensive workloads. The platform’s model enables 3D rendering, animation, and visual effects to be processed outside of traditional centralized data centers.
By supporting exhibitions like BEYOND THE FRAME, Render Network highlights its practical use cases beyond cryptocurrency speculation. The event is expected to attract digital creators and stakeholders from both the art and blockchain sectors, although its long-term effects will depend on follow-up demand for decentralized rendering solutions.
Key indicators for the platform include overall network usage, the amount of rendering completed, and aggregate demand for GPU resources. While the upcoming exhibition serves as a public demonstration of the technology, no guarantees on sustained ecosystem growth can be drawn from a single event.
Mini dictionary: Render Network, a decentralized GPU computing platform, lets users tap into a distributed network of providers for rendering tasks such as 3D graphics, visual effects, and augmented reality, reducing reliance on centralized infrastructure and increasing accessibility for creators.
Analyst Sees Key Technical Levels for RENDERRENDER recently fell to an intraday low of $1.76 before recovering to the $2 range. Technical analysis by Bitcoin Meraklisi, a crypto analyst, points to $2.43 as the immediate resistance level. If RENDER can surpass this price, the recovery could accelerate.
Additional price targets identified are $4.16, $6.56, and $11.58, with each level contingent on sustained buying pressure and positive market conditions. Regarding vulnerabilities, a decline below $1.76 would threaten the current bullish structure, making it a crucial support to monitor.
Bitcoin Meraklisi considers the recent uptrend as a possible end to RENDER’s accumulation phase and expects a stronger breakout if the coin surpasses technical resistance. The possibility of testing higher levels depends not only on chart dynamics but also on broader crypto sentiment and network activity.
Traders are closely watching the $2.43 resistance, while an increase in rendering activity across the ecosystem would provide additional market support.
As of now, achieving the outlined technical goals will require further positive momentum, both on the price chart and through adoption of the Render Network’s core technology.
Price LevelSignificance$1.76Key support (recent low)$2.43Immediate resistance$4.16Next upside target$6.56Intermediate bullish target$11.58Major long-term goalThe BEYOND THE FRAME exhibition provides a platform for Render Network to demonstrate practical benefits, while traders continue to evaluate technical price action and project milestones for signs of continued strength.
WEMIX ve spolupráci se společností CertiK obnovil program odměn za nalezené chyby pro WEMIX3.0; ověření výzkumníci mohou za kritické zranitelnosti získat až 10 000 USD v USDT.
The refreshed program features vetted security researchers, revamped reward structure, and payouts up to $10,000 per finding
, /PRNewswire/ -- WEMIX, the leading blockchain ecosystem combining over two decades of gaming giant WEMADE's AAA game development success with a proprietary Layer-1 mainnet, today announced the relaunch of its joint bug bounty program with global blockchain security leader CertiK. The initiative features a reorganized reward structure and updated verification scope designed to continuously strengthen the security and reliability of the WEMIX3.0 blockchain.
WEMIX Hosted on CertiK's dedicated security platform, CertiK Hunt, the program rewards security researchers (ethical or white hat hackers) for identifying and reporting code vulnerabilities, with the payout set according to the severity of the finding. For instance, findings under the "Critical" classification address major risks, such as total network outages or direct financial loss.
Target Scope and New Reward Structure
Under the refreshed framework, bug bounty reports will focus on core components of the ecosystem, including the WEMIX3.0 blockchain (DLT) and Governance Smart Contracts. Rewards are denominated in USD and distributed in Tether (USDT) on the Ethereum network based on vulnerability severity:
Asset Type
Severity Level
Critical
High
Medium
Blockchain / DLT
$10,000
$2,000
$1,000
Smart Contract
$2,000 ~ $10,000
$1,000 ~ $2,000
$1,000
Vetted Researchers and Report Verification Process
To ensure high report quality and operational efficiency, participation is restricted to security researchers who have passed CertiK's vetting process evaluating technical expertise, vulnerability history, and community contributions. Approved researchers are assigned to tier levels (Challenger, Sentinel, Vanguard), with reporting privileges reserved for the top Vanguard tier.
The reporting and payout process proceeds as follows:
Report Submission: Vanguard-tier researchers submit WEMIX3.0 vulnerability reports via CertiK Hunt, including a Proof of Concept (PoC) demonstrating the impact of the vulnerability. Triaging by CertiK: CertiK triages the report and verifies its impact, asset, and severity falls within the scope of the WEMIX3.0 bug bounty program. Review and Confirmation by WEMIX: WEMIX reviews escalated report and confirms reward eligibility*, severity, and final payout amount. Reward Distribution: WEMIX directly disburses rewards following mandatory Know Your Customer (KYC) verification. Researchers can monitor report progress in real-time on CertiK Hunt. Active participation from security researchers remains vital to safeguarding WEMIX3.0 as the ecosystem grows, reinforcing WEMIX's commitment to building a safer and more secure network for all users. For full program rules and the submission form, please visit the WEMIX program page within CertiK Hunt: https://hunt.certik.com/explore/wemix.
*Note: Individuals listed on OFAC (SDN) sanction lists, project employees, contractors, and technical contributors compensated within the past year are ineligible. Unfixed vulnerabilities already disclosed in publicly released audit reports are also excluded from reward eligibility.
-ENDS-
About WEMIX:
WEMIX is a leading blockchain ecosystem for gaming and digital economies, powered by its highly scalable, EVM-compatible Layer-1 mainnet, WEMIX3.0. With a wide range of integrated services—including NFTs, DeFi, stablecoin payments, and tokenized in-game assets—WEMIX enables seamless integration between gameplay and real-world value. Designed to be transparent, sustainable, and developer-friendly, WEMIX serves as the foundation for the global Web3 gaming ecosystem. For more information, please visit https://wemix.com/.
About WEMADE
WEMADE is the only company combining over two decades of AAA game development success with a fully operational, game-proven blockchain ecosystem—built entirely on its proprietary Layer-1 mainnet, WEMIX3.0. Known for global hits such as The Legend of Mir, MIR4, NIGHT CROWS and Legend of YMIR, WEMADE is leading the industry in seamlessly integrating gameplay, tokenomics, NFTs, stablecoin payments, and blockchain infrastructure. Through WEMIX PLAY, WEMADE delivers a unified digital economy where players, creators, and investors can own, trade, and benefit from digital assets—powering the next generation of interactive entertainment and driving the evolution of Web3 gaming. For more information, please visit https://wemade.com/.
About CertiK:
CertiK is the largest Web3 security services provider, utilizing industry-leading formal verification technology to protect and monitor blockchain protocols and smart contracts. Founded in December 2017 by professors from Yale University and Columbia University, CertiK applies cutting-edge innovations from academia to enterprise, enabling mission-critical applications to scale with safety and correctness.
Starknet zvažuje přechod ze sítě Ethereum L2 na samostatnou L1, aby urychlil ochranu před hrozbami spojenými s kvantovými počítači a AI; plné kvantové odolnosti chce dosáhnout do roku 2027.
Can the most important crypto projects effectively fortify themselves ahead of the arrival of Q-Day or major AI breakthroughs in math?
That’s the grand question, and one that’s being debated more than ever in the wake of Justin Drake’s recent “bunker mode” comments.
Only time will tell if those remarks underestimated or overestimated the timeline regarding math breakthroughs. But, in any case, both the quantum and AI threats are very real. They’re not distant, abstract dangers, and some crypto projects are taking these specters more seriously than others.
Among these projects is Starknet, whose builders made waves last week when they announced they were considering transitioning the chain from an Ethereum L2 to a standalone L1 network.
Why? To harden against quantum and AI more quickly than the chain can while being directly tethered to Ethereum.
As some of you may recall, StarkWare’s post-quantum roadmap from June 30th didn’t float an L1, and StarkWare CEO Eli Ben-Sasson has since stressed that this idea has evolved recently from the growing concern that traditional cryptography might get broken much sooner than the crypto industry expects.
— (@)
The logic is that as an L1, Starknet could set the pace of its security upgrades rather than follow Ethereum's, putting it on track for what it bills as "the first fully quantum-resistant network," targeted for 2027. So why can't Starknet get there as an L2?
The June roadmap shows why. It splits Starknet's quantum migration into three phases. The first two (e.g. swapping Pedersen hashing for the quantum-resistant BLAKE2, adding post-quantum signatures like Falcon-512, and migrating legacy contracts) are Starknet's to execute, while the third phase isn't, as it covers two pieces Starknet effectively borrows from Ethereum. Namely:
Bridge messaging, which uses quantum-vulnerable elliptic-curve calls to move messages between the two chains. StarkWare is explicit that removing those calls before Ethereum migrates would break the bridge.
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Blob data, i.e. the state data Starknet publishes to Ethereum via blobs, anchored by elliptic-curve-based KZG commitments. A broken KZG would hurt data availability per StarkWare, not the soundness of Starknet's state, which stays guarded by STARK proofs. Still, the June roadmap leaves this fix entirely to Ethereum.
That said, it might be a few years before Ethereum finishes its own post-quantum evolutions, which would put key pieces of Starknet’s defensive roadmap on ice for at least that long.
This is a point that other projects will undoubtedly contend with, too. Since a rollup inherits the L1’s cryptography alongside its security, its quantum timeline is effectively whichever is slower, its own or the L1's.
Thus, simply put, Starknet is anticipating coming up against this wall because it can do its side of the work much faster. What’s interesting too is that some of Ethereum’s own quantum plans will make it look more like Starknet.
For instance, Ethereum is pursuing EIP-8141, which among other things would let accounts adopt quantum-safe signatures on their own timelines rather than wait for a network-wide migration. Starknet, meanwhile, has had native account abstraction (i.e. every account is a programmable smart contract) for years. That's why S2morrow could already build a post-quantum Starknet account around Falcon-512 signatures with no protocol changes.
Moreover, Ethereum plans to swap its BLS validator signatures for leanXMSS, a hash-based scheme, and to compress the bulkier results with zk proofs via leanVM. It also lists STARK-based commitments among the leading candidates to replace KZG. STARKs are hash-based by design and put the "Stark" in Starknet.
In kind, over the past couple of years Starknet has assembled much of the machinery it would need to become an L1, like STRK staking, multiple sequencers, etc. These pieces were originally made to make Starknet a better decentralized extension of Ethereum, but they do shrink the chain’s L1 question considerably.
From what I can tell, the missing parts for now are data availability (i.e. where transaction data gets published so anyone can rebuild the chain), final settlement, and reworking the official bridge as needed.
Speaking of bridging, consider how a StarkGate withdrawal works today: funds only release after Ethereum has verified the proof for the withdrawal's block and the matching state update has landed there. Put otherwise, Ethereum checks Starknet's math, so Starknet's operators can't forge the state that bridged funds depend on.
An L1 Starknet could land anywhere on that spectrum, though. It might keep posting STARK proofs to Ethereum to back a trust-minimized bridge, or it might cut the cord entirely. Those are very different trust models, so this is the open question I'd watch closely.
Remember, too, that Starknet has long pitched itself as a layer that could one day settle on both Bitcoin and Ethereum. That's not the same thing as leaving Ethereum, but a proof-connected Starknet L1 bridging to both would arguably rhyme with that vision more than break from it.
For now, nothing official has kicked off but it seems clear that an L1 architecture will be the path forward for Starknet. Whatever happens, the chain wants to move sooner rather than later, because there might not be a later for the projects that don’t make adjustments in time. Fair enough, I say.
PUMP za posledních devět dní klesl o 25,8 %. Na platformě Pump.fun se odehrálo 96 % z 6,85 milionu sandwichových útoků na síti Solana, které vynesly 29,7 milionu USD.
Pump.fun [PUMP] has corrected by 25.8% in the past nine days and has experienced a 12.68% decline in the past 24 hours as of writing. This decline came alongside a Bitcoin [BTC] price slide below $83k, but there were other factors affecting PUMP token sentiment.
Pump.fun faces 6.57M sandwich bot attacks Blockchain data provider Bitquery published data on the vast number of sandwich attacks on Solana [SOL]. Between the 30th of October, 2025, and the 7th of October, 2026, they counted 6.85 million sandwich attacks made by 2,545 bot wallets against 2,154,994 different wallets.
A sandwich bot profits by buying a token just before a user’s trade and selling immediately afterward, exploiting slippage to earn $29.7 million from traders’ worse execution prices.
Notably, 96% of the detected attacks were on the Pump.fun platform, where most new Solana memecoins start trading. The bots took 309,010 SOL, 39% of which was from other rival bots. The $29.8 million estimate was computed using the SOL price at the minute of the attack and does not measure net profit (since some attacks lose money after costs).
The findings likely damaged user trust and could have a bigger impact on PUMP token prices in the future.
PUMP remains inside a steady uptrend Source: PUMP/USDT on TradingView PUMP has been trending higher in recent weeks, starting in early August when the $0.00225 swing high was breached. The A/D indicator has been steadily rising since the second half of August.
The CMF also had a couple of weeks where the indicator’s values were consistently around +0.20 to signal heavy capital inflows. This demand helped the altcoin rally to $0.0054 and $0.0068.
The retracement in the past nine days was within this uptrend. The golden pocket between $0.0041 and $0.0047 could be a buying opportunity for swing traders and investors.
Final Summary Sandwich attacks on Solana measured over 11 months found $29.7 million in SOL extracted over 6.85 million sandwich attacks, 96% of which occurred on the Pump.fun platform. The PUMP token price was in a retracement over the past two weeks alongside the broader market selling pressure.
Držba bitcoinů americké vlády v roce 2026 údajně klesla o 1 635 BTC na odhadovaných 328 372 BTC. Přesun 17 733 BTC na Coinbase Prime v říjnu nepotvrzuje, že došlo k prodeji.
The US government’s Bitcoin pile is a little lighter this year. Government holdings have reportedly fallen by approximately 1,635 BTC in 2026, leaving an estimated 328,372 BTC on the books as of early October, according to tracking from sources including BitcoinTreasuries.
Where the coins are, and where some of them went
The estimated balance stands at 328,372 BTC. Tracked holdings as of October 7, 2026, ranged from 319,000 to 328,000 BTC depending on the tracker, a spread that reflects a decline over the course of the year.
Why the range? Government wallets are not labeled with a tidy nameplate. Different trackers attribute different addresses to federal agencies, so the final tally depends on who is counting.
The more eye-catching activity came in the first week of October. Wallets connected to the US government moved around 17,733 BTC, with the transfers primarily flowing to Coinbase Prime, the exchange’s institutional custody and trading arm.
No sales have been confirmed. The activity is consistent with custody consolidation, which means moving coins between storage arrangements rather than dumping them on the open market.
A treasury built from crime scenes
None of these coins were bought. The government’s entire Bitcoin position comes from law enforcement seizures and forfeitures. Two cases account for the bulk of it. Roughly 94,643 BTC traces back to the 2016 Bitfinex hack, and about 127,271 BTC comes from Silk Road recoveries.
Executive Order 14233, signed in March 2025, created the Strategic Bitcoin Reserve and prohibited sales of seized assets. The order was designed to stop the long-standing practice of auctioning off forfeited Bitcoin.
The valuation rollercoaster
Based on a prevailing Bitcoin price of $82,000 to $83,000, early October estimates put the total value of the government’s holdings between $26 billion and $28 billion.
The valuation of US government crypto holdings has declined by approximately $16 billion from a peak near $40.7 billion in late October 2025. The bigger driver is price movement on every remaining coin, not coins leaving wallets.
What this means for the market
With sales of seized assets prohibited under Executive Order 14233, large transfers to Coinbase Prime look more like a reorganization of custody than a liquidation pipeline, which could mean less supply overhang from forfeited coins than markets historically worried about.
Holdings have reportedly declined by approximately 1,635 BTC this year despite the prohibition on sales. The source data does not specify why. Possible explanations range from court-ordered returns to victims to wallet attribution changes by trackers, but none has been confirmed. The difference between tracker estimates (319,000 versus 328,000 BTC) is far larger than the reported decline itself.
Key things to watch from here: whether further large transfers to Coinbase Prime follow the October activity, whether any official accounting clarifies the 1,635 BTC decline, and how the reserve’s dollar value tracks Bitcoin’s price. At $82,000 to $83,000 per coin, the reserve sits well below its late-2025 peak.
Disclosure: This article was edited by Vivian Nguyen. For more information on how we create and review content, see our Editorial Policy.
Výzkumníci z Imperial College London navrhli vrstvu Compact Shielded Client-Side Validation, která má bez nutnosti soft forku zajistit soukromé bitcoinové transakce odolné vůči kvantovým útokům.
Researchers at the Center for Cryptocurrency Research and Engineering (IC3E) from Imperial College London have published major research on post-quantum Bitcoin security. The paper proposes a model that would make Bitcoin transfers private and quantum-proof, all without the need for a soft fork.
Bitcoin’s quantum resistance proposals Back in 2018-2020, the group’s research dubbed “Commit-Delay-Reveal” proposed a similar quantum-secure Bitcoin framework.
While clever, it required a network soft fork and thereafter asset migration from vulnerable ECDSA addresses to the quantum-resistant chain using a multi-step time delay. The method would also have demanded network-wide protocol upgrades and triggered heated debates among developers.
An alternative was the traditional way of transitioning from ECDSA to lattice-based or hash-based alternatives. However, this would still demand a soft fork, which is socially and technologically difficult to coordinate. The model would also likely cause deployment delays, consensus realignment issues, and network congestion due to larger signature sizes/Zero-Knowledge (ZK) proofs.
What the latest research showsThe group’s newest “Compact Shielded Client-Side Validation (CSV)” framework is a grand breakthrough that eliminates the soft fork challenge.
Rather than enforcing changes at the consensus layer, it layers advanced post-quantum cryptographic technology on top of current transaction architectures.
This means that all bulky post-quantum keys, transaction histories, and algorithmic proofs would get verified at the peer-to-peer level. The underlying Bitcoin blockchain becomes an immutable ledger rather than a computational engine.
Note that using this quantum-safe layer requires clients to download compatible client software to conduct transactions over the Bitcoin network.
Recent events in the quantum spaceMore recently, Ethereum’s co-founder Vitalik Buterin and Cardano’s founder Charles Hoskinson had a disagreement surrounding quantum security mechanisms. Vitalik supported hashes while Hoskinson bet on lattices.
Despite the debate, the crypto community is encouraged to conduct any migrations to quantum-proof addresses in a meticulous manner to prevent loss of funds.
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Evernorth Holdings uvádí k obchodování na burze Nasdaq akcie třídy A pod tickerem XRPN, které poskytují akciovou expozici vůči firemní pokladně zaměřené na XRP.
EvernorthXRP is set to ring the closing bell at Nasdaq, marking the debut of its XRPN shares. The event is scheduled for a live broadcast featuring interviews and a countdown starting at 2:30 p.m. ET. Evernorth Holdings, a publicly traded XRP treasury company, offers its Nasdaq Class A shares under the ticker XRPN, which provides investors with equity exposure to an XRP-focused corporate treasury. This event comes amid a recent downturn for XRPN, which saw a 3.55% decrease to $16.31.
Key Takeaways The debut of EvernorthXRP’s XRPN shares at Nasdaq appears to draw attention to XRP, consistent with supportive pricing for a potential increase. Market activity suggests participants are considering the bell-ringing event as a potential catalyst for increased interest in XRP-related equities. The impact of the event on XRP’s market perception may be modest due to the source’s Tier 3 classification. What to Watch Market observers should keep an eye on any significant changes in XRPN share pricing following the Nasdaq event. Watch for statements from key actors such as Ripple’s CEO Brad Garlinghouse or any regulatory updates from the U.S. SEC, which could further influence market sentiment. Additionally, developments in the broader crypto market, including Bitcoin price movements and interest rate policies, may also impact XRP’s trajectory toward a new all-time high by the end of 2026.
Tržní kapitalizace XRP klesla mezi červencem 2025 a říjnem 2026 přibližně z 202 miliard USD na 85 miliard USD, tedy o 58 %; jeho podíl na kryptotrhu se snížil z 5 % na 3 %.
XRP’s share of the total cryptocurrency market fell from roughly 5% in July 2025 to about 3% by October 2026, as Ripple’s native token lost ground despite ongoing institutional developments.
XRP Valuation Suffers Steep DeclineXRP reached prices near $3.42 in July 2025, with around 59.2 billion tokens circulating at that time. By mid-October 2026, the price declined to $1.34 while the circulating supply expanded to 63.1 billion XRP.
The combined effect of lower prices and increased supply saw XRP’s market capitalization drop from approximately $202 billion to $85 billion. This change represents a $117 billion decrease, amounting to a reduction of around 58% in overall market value.
While market capitalization tracks the total valuation of a crypto asset, market dominance measures its share relative to the broader market. An asset can lose market share even if it gains value, particularly if other cryptocurrencies experience stronger growth in the same period.
Competition from assets such as BNB and major stablecoins continues to put pressure on XRP’s ranking, taking up more of the total digital asset market and contributing to the token’s declining market share.
XRP’s slide in market share demonstrates that sustaining both price and dominance can be challenging, especially as larger blockchain ecosystems and rival assets draw greater investor interest and liquidity.
Institutional Adoption Outpaces Native Token DemandRipple has advanced its institutional services, expanding in areas like cross-border payments and asset tokenization with several high-profile partnerships. In September, a major Brazilian infrastructure provider managing approximately $4 trillion in assets integrated the XRP Ledger to reflect investment fund ownership records.
The growing tokenization sector signals increased institutional interest in blockchain-based settlement and asset issuance, yet such developments have not fueled a comparable increase in demand for XRP itself.
XRPL documentation shows that standard transactions only require a minimum fee of 10 drops, or 0.00001 XRP. As a result, even major spikes in network activity can translate into minimal demand for the native token, explaining the disconnect between ecosystem progress and XRP price dynamics.
A further complication involves XRP’s circulating supply, which continues to climb as new tokens are released from escrow each month. However, these newly available tokens are not always immediately sold, as unused amounts may be relocked according to the network’s schedule.
Traders monitoring technical patterns and market behavior often look for indicators beyond simple price action to anticipate token trends. In the meme token sector, for instance, an internet trend can trigger considerable trading volumes in a matter of days. Data from Fomo App highlights a notable trade in which a $99 purchase of “Niu Lai” was transformed into roughly $370,000, underscoring the rapid shifts seen in this part of the market. To navigate this volatility, tracking both price levels and investor moves has become increasingly vital. Fomo App consolidates these features by combining token research, real-time trading, social feeds, and investor rankings on one platform, providing a single point of access for following meme token activity.
While Ripple’s institutional business continues to expand, actual transaction fees on the network remain low, meaning increased adoption does not always result in proportional XRP demand or price appreciation.
Ripple uzavřel partnerství se společností Meritz Securities s cílem prozkoumat služby institucionální úschovy digitálních aktiv a tokenizaci pro jihokorejské kapitálové trhy.
Ripple's first partnership with a Korean securities firm extends its institutional footprint across Korea's banking, insurance and capital markets
Seoul, October, 14, 2026 - Ripple, the leading provider of blockchain solutions across traditional and digital finance, today announced a strategic partnership with Meritz Securities, one of Korea's leading securities firms. Together, the two companies will explore how to bring Ripple Custody and Ripple's tokenisation infrastructure into Korea's capital markets. Ripple Custody is a bank-grade digital asset custody platform built for regulated financial institutions. It supports the secure storage, transfer and settlement of digital assets.
For any financial institution dealing with digital assets, institutional-grade custody is essential. Building it from scratch is costly, complex and slow. Ripple's infrastructure gives institutions a proven route to market instead, with the security and control that regulated firms need. The two companies will start within the scope of Meritz's existing securities business and current regulation. They will then widen their cooperation in stages as Korea's digital asset framework develops.
Meritz Securities is currently exploring a range of digital asset-related business opportunities in preparation for the integration of digital assets into the regulated financial system, including spot ETFs, fractional investment and security tokens, trading platforms, and KRW-denominated stablecoins. The partnership with Ripple was formed as part of these broader efforts.
“Korea is one of the most dynamic digital asset markets in the world and its institutions are preparing to move from exploration to real-world utility,” said Fiona Murray, Managing Director, Asia Pacific at Ripple. “Ripple brings the full infrastructure stack across payments, custody and tokenization, backed by more than 85 licenses and a network spanning more than 60 markets globally. We’re excited to work with Meritz Securities, and we look forward to supporting more Korean institutions as the market grows.”
Byungha Kang, Managing Director of the Strategic Planning Unit, Meritz Securities said, "This partnership lays the foundation for combining Ripple's global digital asset infrastructure with our capital markets capabilities. As Korea's regulatory framework evolves, we will prepare safe and trusted digital asset financial services in stages."
Meritz is Ripple's fourth institutional partnership in Korea this year and its first with a securities firm. Kyobo Life Insurance is using Ripple Custody to pioneer Korea's first tokenized government bond settlement on blockchain. Kbank, Korea's first internet-only bank, is deploying digital asset wallet infrastructure through Ripple Custody. Jeonbuk Bank became the first Korean regional bank to adopt Ripple Payments for cross-border remittance. With Meritz, Ripple now works with Korean institutions across banking, insurance and capital markets, which reflects its long-term commitment to the country's institutional digital asset market.
Clearpool has rolled out a redesigned version of its decentralized application. The new interface includes a dedicated swap tool that lets holders convert their CPOOL tokens into a new token called CLEAR at a 1:1 ratio.
The tool went live on October 5, 2026, at clearpool.finance/swap. It arrives three days after the protocol’s community voted to approve a broader strategic shift.
What changed and what holders get The migration follows a Snapshot governance vote held on October 2, 2026. According to the research findings, 97.16% of participants backed both the expansion to the XRP Ledger (XRPL) and the token migration.
The token economics are shifting along with the ticker. CLEAR will launch with a supply of 1.125 billion tokens, up from the 1 billion CPOOL tokens that existed before.
Of that new supply, 70% is set to go to existing CPOOL holders through the 1:1 conversion.
There is also a new value-return mechanism. Clearpool plans to direct 50% of protocol fees toward buying CLEAR on the open market and burning it.
Implementation of the broader plan is scheduled for the fourth quarter of 2026. The research findings note that comprehensive details are expected to be disclosed later.
The XRP Ledger pivot The token swap is the visible piece of a larger strategic move. Clearpool is pivoting toward institutional lending products on the XRP Ledger.
Those loans are set to be settled in RLUSD, the stablecoin issued by Ripple.
Clearpool is executing the initiative alongside several partners. Ripple is involved, as is Cicada Partners, while Hex Trust is handling custody services.
The protocol is not a newcomer. Clearpool launched on Ethereum in 2021 and has originated nearly $1 billion in loans since then.
Why the rebrand and migration matter For existing holders, the immediate question is practical. The 1:1 swap preserves their token count, but the supply increase to 1.125 billion means each token represents a slightly smaller share of the total than before.
Holders and observers should watch a few things over the coming months. The first is the remaining 30% of CLEAR supply, since how those tokens are allocated and released will shape the token’s dilution profile.
The second is the timeline. The plan is scheduled for Q4 2026, and further details are expected, so the specifics of the XRPL lending launch will clarify how quickly the new business can generate fees.
The third is participation in the swap itself. Migrations depend on holders actually showing up to convert, and a new dApp design with a dedicated swap page is clearly meant to make that step as frictionless as possible.
Disclosure: This article was edited by Estefano Gomez. For more information on how we create and review content, see our Editorial Policy.
Ethereum vykazuje silný optimismus, ale jeho pákový poměr na Binance zůstává přibližně 0,69 nad 100periodním průměrem. U Bitcoinu se poměr pohybuje kolem 0,19 a oproti dřívějším hodnotám v roce 2026 klesl.
13 October 2026 | 23:53 Ethereum is drawing a much more optimistic crowd response than Bitcoin after its rebound. CryptoQuant’s Binance data, however, points to a different contrast beneath the discussion: ETH’s leverage ratio has stayed elevated, while Bitcoin’s has eased from earlier 2026 readings.
Key Takeaways Santiment recorded 2.05 bullish ETH comments for every bearish comment, compared with 0.82 for Bitcoin. CryptoQuant found ETH’s Binance Estimated Leverage Ratio near 0.69, above its 100-period moving average. Bitcoin’s ratio was near 0.19 and had moderated from higher readings earlier in 2026. ETH and BTC are sending opposite messages Santiment’s latest social-data update found 2.05 bullish Ethereum comments for every bearish one across X, Reddit and Telegram. The firm characterised the discussion around ETH as FOMO-driven, following its rebound and renewed attention on staking and future network upgrades.
Ethereum sentiment turns strongly bullish. Bitcoin produced the opposite reading: 0.82 bullish comments for every bearish comment. Santiment linked the weaker mood to Bitcoin’s rejection near $87,000, its slide toward $81,000 and the wider pressure on risk assets during the sell-off.
Neither figure says where either asset goes next. Social data measures the balance of public discussion, not the amount of capital committed to a trade. Its value here is that it shows where confidence has concentrated: ETH traders are discussing a rebound, while BTC traders remain more defensive.
Signal Ethereum Bitcoin Social mood 2.05 bullish comments for every bearish comment 0.82 bullish comments for every bearish comment Binance leverage trend Ratio near 0.69 and still above its 100-period moving average Ratio near 0.19 after moderating from earlier 2026 readings What this does not show Whether traders are mainly long or short, how deep order-book liquidity is, or the direction of the next price move. Leverage ratio is a sensitivity measure, not a long-or-short signal The difference becomes more useful when placed beside derivatives positioning. CryptoQuant’s Estimated Leverage Ratio compares open interest with the amount of an asset held in an exchange’s reserves. It offers a way to track how large the derivatives market has become relative to the coins available on that exchange.
A higher ratio can result from rising open interest, falling exchange reserves, or both. It does not reveal whether the market is positioned for a long squeeze or a short squeeze, and it cannot measure actual order-book depth. It should therefore be read as a sign of potential derivatives sensitivity rather than a stand-alone trading signal.
The metric is also most useful against each asset’s own history. ETH and BTC have different reserve patterns, derivatives markets and custody flows, so a 0.69 ETH reading is not a simple numerical verdict over a 0.19 BTC reading. The meaningful comparison is the recent direction of each ratio.
How to read the two datasets together
Sentiment shows where conviction is building; leverage shows whether derivatives exposure is remaining elevated around that conviction. A stronger risk warning would require further evidence, such as rising open interest and increasingly positive funding – not social optimism alone.
Ethereum’s leverage ratio has rebuilt after earlier resets CryptoQuant analyst MorenoDV_ placed Ethereum’s Estimated Leverage Ratio on Binance near 0.69 while ETH traded around $2,400. The analysis compared that with readings near 0.53–0.55 before the October 10, 2025 liquidation event.
Ethereum chart showing Binance estimated leverage ratio near 0.69. More important than the single reading is what followed. CryptoQuant’s chart showed the ratio rebuilding after sharp resets and remaining above its 100-period moving average. In other words, ETH’s derivatives exposure relative to Binance reserves has stayed in a higher range even after prior bouts of deleveraging.
That does not prove that ETH is about to decline, and it does not establish that leveraged longs dominate the market. It does mean that a fresh rise in open interest and positive funding would deserve closer attention: traders would be adding exposure while the ratio is already elevated against ETH’s recent trend.
Bitcoin’s crowd is cautious while its leverage trend has cooled Bitcoin’s social reading is weaker, but CryptoQuant’s Binance data shows a less persistent leverage setup. Its Estimated Leverage Ratio stood near 0.19—around the level seen before the October 2025 liquidation event cited in the analysis—and had fallen from higher readings earlier in 2026.
Bitcoin leverage remains relatively restrained. The ratio was also below a declining moving average in CryptoQuant’s chart. That suggests that derivatives exposure relative to Binance reserves has been easing rather than rebuilding in the same way described for ETH.
This does not make Bitcoin automatically bullish or safer. A lower ratio can reflect healthier deleveraging, but it can also occur in a weak market with little appetite to add new futures positions. Bitcoin still needs price stability and renewed spot demand before a lower leverage reading can support a stronger recovery case.
What would confirm or weaken the current divergence? Asset Current mix What would strengthen the reading What would weaken it ETH Bullish social discussion and an elevated Binance leverage trend Open interest rises, funding stays strongly positive and the leverage ratio remains elevated Open interest and the ratio decline while ETH holds or extends its recovery BTC Fearful social reading and a cooling Binance leverage trend Price stabilises and spot demand improves without a sharp return in leverage A weak bounce attracts a fast rebuild in open interest and leverage The supplied sentiment and leverage datasets do not include live funding-rate or open-interest changes. Those are the next figures that would test whether ETH’s social optimism is becoming a crowded derivatives trade, or whether Bitcoin’s lower leverage is accompanied by genuine buying demand.
ETH and BTC need different confirmation before the next move Ethereum currently has the stronger narrative, but its Binance leverage ratio has not reset as fully as Bitcoin’s. That makes the next derivatives data important: rising open interest and positive funding would make ETH’s rebound more vulnerable to a rapid reversal, while a calmer build in exposure would weaken that concern.
Bitcoin’s cautious sentiment should not be read as a bullish signal on its own. Its leverage trend has improved, but the market still needs spot demand and price stability to show that the sell-off has produced a durable base rather than simply reduced speculative participation.
This article is provided for informational purposes only and does not constitute financial or investment advice. Social sentiment and derivatives metrics are interpretive tools, not guarantees of future price movement.
Author
Kosta has reported on cryptocurrency markets and blockchain infrastructure since 2020, bringing over six years of hands-on experience in the crypto industry built through daily tracking of markets, trends, and emerging blockchain developments. Specializing in Bitcoin on-chain analysis, institutional ETF flows, and digital asset price action, his work at Coindoo has been cited by other news agencies and consistently covers market developments with a focus on data-driven reporting across Bitcoin, Ethereum, Solana, and XRP. Over the years, Kosta has contributed to multiple crypto media outlets in different regions, authoring over 6,000 articles across the sector. His reporting spans cryptocurrency markets and the broader fintech industry, tracking not only price action but also the technological and regulatory forces shaping the ecosystem. To support his analysis, Kosta actively leverages on-chain data and metrics from leading platforms such as Santiment, Glassnode, and CryptoQuant, enabling deeper, evidence-based market insights. He believes in the power of transparency and the data that underpins the blockchain ecosystem. His academic background in Marketing Management from Denmark further complements his analytical approach, adding a strong understanding of communication strategy and content positioning to his work.
Base společnosti Coinbase spustila integraci „Earn & Borrow“, která aplikacím umožní přes Morpho a Aave nabízet výnosy ze stablecoinů a půjčky zajištěné kryptoměnami.
Coinbase’s Ethereum Layer-2 network, Base, has introduced “Earn & Borrow,” an integration layer allowing applications to provide features such as variable-rate stablecoin yield and crypto-collateralized loans. This new system utilizes third-party protocols like Morpho and Aave. The update aims to enhance in-app access to credit and yield markets built on Base, rather than introducing a native lending protocol. Recent data indicates an average stablecoin yield of 4.45% in these markets, excluding incentives. This development could indicate a significant increase in Ethereum’s utility, potentially influencing market perceptions of its future price potential.
Key Takeaways Introduction of “Earn & Borrow” on Base suggests increased utility for Ethereum, potentially enhancing its market perception. Current market pricing for Ethereum reaching $10,000 by December 2026 remains low, with a 0.9% YES probability. The development is consistent with scenarios where Ethereum’s growing functionality supports higher future valuations. What to Watch Watch for any significant shifts in Ethereum’s price movement following the integration announcement. Observers will be keen to see if this development leads to increased adoption and use of Ethereum-based financial services. Additionally, monitoring any changes in stablecoin yields and loan demand on Base could provide further insights into the network’s impact on the Ethereum ecosystem.
Term Structure
Contract Odds Δ since publish Volume 24h December 31, 2026 0.9% — — View market → December 31, 2026 0.9% — — View market → December 31, 2026 2.4% — — View market → December 31, 2026 3.1% — — View market → December 31, 2026 5% — — View market → January 1 2027 18.5% — — View market → January 1 2027 4.5% — — View market → January 1 2027 1.1% — — View market → January 1 2027 1.1% — — View market → January 1 2027 2.5% — — View market → January 1 2027 4% — — View market → January 1 2027 8.5% — — View market → January 1 2027 8.6% — — View market → January 1 2027 2.6% — — View market → January 1 2027 1.6% — — View market → January 1 2027 5.5% — — View market → January 1 2027 42.5% — — View market → January 1 2027 15.5% — — View market → January 1 2027 2.1% — — View market → January 1 2027 24.5% — — View market → January 1 2027 48.5% — — View market →
SEC podala formulář Form 25 k vyřazení Bitwise Dogecoin ETF BWOW z obchodování poté, co se společnost Bitwise rozhodla fond zlikvidovat. Poslední obchodní den je stanoven na 14. října 2026.
The SEC has filed a Form 25 for the Bitwise Dogecoin ETF, referenced under DOGE. That is the paperwork tied to pulling a fund off an exchange listing, and it is the formal step that follows Bitwise’s decision to shut the product down.
From launch to liquidation in under a year
Bitwise Investment Advisers launched its spot Dogecoin ETF, which trades under the ticker BWOW, on November 26, 2025. It started life with $2.5 million in seed funding.
Early signs looked respectable. Trading volume reached approximately $3 million during the fund’s first week, which suggested some curiosity from the market.
That curiosity did not last. Assets under management fell to approximately $688,000 by early September 2026, and stood at $725,870 by October 7, 2026.
Investors did not simply ignore it. They actively pulled cash out, with total net outflows surpassing $1.3 million since launch.
Activity dried up too. Trading volume for BWOW in September 2026 came to $51,480, a fraction of that busy opening week.
The fund charged an expense ratio of 0.34%. On a fund this small, that fee generates very little revenue for the issuer, which helps explain why keeping it alive stopped making sense.
The timeline for shutting down
Bitwise announced the liquidation through an 8-K filing on September 10, 2026. The Form 25 is the next piece of the delisting process.
The final trading day for BWOW is set for October 14, 2026. After that, investors are expected to receive cash distributions on or around October 22, 2026.
At the time of the wind-down, the ETF held about 8.2 million DOGE. That stash was valued at under $700,000.
Why Dogecoin did not click with ETF buyers
Bitwise CEO Hunter Horsley expressed disappointment over how the product performed. His explanation centered on a mismatch between audiences.
According to Horsley, people who buy traditional ETFs were hesitant to put money into Dogecoin. The people who actually like Dogecoin, meanwhile, are not necessarily the ones shopping for exchange-traded funds in a brokerage account.
Horsley also noted that he personally holds DOGE. So the closure does not reflect a verdict on the coin from the top of the company, just on whether a regulated fund was the right way to sell it.
The contrast with the rest of Bitwise’s lineup is notable. The firm has seen stronger demand for more established products, including its Solana staking ETF.
What this means for single-asset crypto funds
There is also a practical lesson about economics. A fund charging 0.34% on less than $1 million in assets brings in only a small amount in annual fees, which is unlikely to cover the cost of running a listed product. Seed money can launch a fund, but it cannot keep one alive without follow-on demand.
For current BWOW holders, the key dates are October 14, 2026, for the last day of trading, and on or around October 22, 2026, for cash distributions. Anyone still in the fund should expect cash back rather than DOGE.
Disclosure: This article was edited by Vivian Nguyen. For more information on how we create and review content, see our Editorial Policy.
