Oct 28 Wednesday
The Initia Foundation has approved funding to cover reserve shortfalls in Noble USDC, WETH, and AUSD0 used as iUSD collateral, involving up to 1.08 million USDC, 105 ETH, and 1.4 million AUSD0. Full 1:1 backing for assets affected by the October 23 security incident will be restored once the chain resumes operations, with exact amounts subject to verification and final transfer approval.
According to Coinglass data, Binance recorded a net inflow of 47.383 million USDT over the past hour. The exchange's net inflow reflects recent user deposit activity.
Global venture funding for robotics startups reached $9.9 billion in Q3 2026, more than double the $4.3 billion recorded in Q3 2025. China attracted $13.2 billion and the US $12.1 billion year-to-date, while Germany ranked third with $1.7 billion, including a $1.4 billion round for Neura Robotics.
After continuous growth, monthly transaction volume for crypto cards is showing signs of slowing. September's total reached about $1.231 billion, a new high, while October's cumulative volume so far is approximately $1.15–1.2 billion, making month-over-month growth unlikely; leading projects such as RedotPay, EtherFi, and KAST all recorded declines in October, and cumulative transaction volume across about 30 tracked card projects has reached $13.69 billion.
Wind data shows 76 IPO reviews were terminated in 2026, including 13 on the STAR Market, with total withdrawn fundraising of 18.248 billion yuan, nearly five times the 3.181 billion yuan in the same period of 2025. Five of the 13 STAR Market terminations were semiconductor and integrated circuit companies, including Wuhan Xinxin, Shanghai Xinmi, Beijing Tongmei, Taosheng Electronics, and Yadian Technology.
WEEX exchange announced an ongoing UNI trading airdrop with a total prize pool of 50,000 USDT. New users who net deposit at least 100 USDT and complete their first UNI spot trade receive a 10 USDT reward, with losses on that first trade compensated up to 50 USDT in bonus, while higher trading volumes unlock lucky boxes and referral rewards up to 1,000 USDT.
Huobi HTX will hold a roundtable discussion at 20:00 today titled 'ETF and Corporate Bitcoin Holdings: Is Institutionalization Crypto's Coming-of-Age or a Slow Poison?' The event will feature speakers Meiyangyang, Bafang, DaDa, and Draco discussing Bitcoin spot ETF fund flows, corporate crypto asset reserve strategies, and the impact of institutional capital on market liquidity, price volatility, and market structure.
CZ stated that four data breaches were reported on the same day, involving Coinbase third-party vendor Amplitude, South Korean cryptocurrency exchange Bithumb, and South Korean securities firms Mirae Asset and Daishin Securities. He advised platforms to use dedicated email aliases and backup numbers, enable hardware security keys or passkeys, disable SMS 2FA, and activate withdrawal address whitelists and time locks.
Stable has announced that its mainnet will upgrade to v1.9.0 at block height 45,091,000 on October 31 at 17:00 (UTC+8). The upgrade focuses on protocol security hardening and network resilience optimization to improve transaction processing and settlement reliability for on-chain payments, exchange settlements, and corporate treasury management.
Deutsche Bank strategists said the US Treasury has asked primary dealers for views on changes in investor demand and future auction sizes, indicating weakening demand for long-term US Treasuries. As the Treasury faces greater financing needs, it may shorten the maturity structure of new debt issuance in the future.
Predict.fun announced the launch of its protocol native token PREDICT, with a fixed total supply of 1 billion tokens. The first-season airdrop allocates 70 million tokens (7% of total supply), and users can claim 35% immediately or opt for a 12-month linear vesting to receive the full amount.
The attacker linked to the CryptoBilis wallet theft deposited 1,200 ETH (approximately $2.78 million) into Tornado Cash on October 27, 18 days after the large-scale breach. Ledger confirmed on October 11 that unauthorized hardware was implanted in one victim's device, and the October 9 theft affected users who purchased Ledger devices through Southeast Asian reseller CryptoBilis, with Bitquery estimating losses of about $102 million across multiple chains.
Anthropic's Form S-1 IPO filing shows the US government sold 4,453,900 seized Series B shares for $627 million to reimburse FTX creditors, with Anthropic repurchasing them in October 2025 at $140.9676 per share and reselling at cost to nine undisclosed buyers. Ahead of Anthropic's planned Nasdaq listing, the stake is now estimated at approximately $3.94 billion, over six times the resale price.
The article provides a daily roundup of news and trends affecting Bitcoin price, blockchain technology, DeFi, Web3, and cryptocurrency regulation. It covers key events and developments in the crypto space.
BUZZ Alpha Cloud, a subsidiary of HIVE Digital Technologies, signed a three-year fixed-rate credit agreement worth approximately $129 million at a 9.0% annual interest rate. The financing will fund the purchase of AI GPU clusters, including NVIDIA GB200 NVL72 systems, to fulfill a three-year sovereign AI customer contract with Cohere.
According to GMGN data, raycat topped the 24-hour smart money net inflow list with $1,000, surging 2161.5% to $0.0001. Himmel, RAY, moustache, and ANTHROPIC followed with net inflows of $833, $768, $655, and $572, respectively, with mixed price performances.
Bernstein lowered its 2026 revenue forecast for Coinbase by 32% while projecting third-quarter revenue growth for Robinhood, Circle, and Figure. The firm noted weak spot trading volumes and a shift in valuation anchors toward prediction markets, perpetual futures, tokenization, and lending platforms, with price targets of $160 for HOOD, $250 for COIN, $145 for CRCL, and $70 for FIGR.
Datavault AI announced it cannot withdraw bitcoin held on Biconomy, leading to an accounting correction that will reduce reported assets by $92.2 million at the end of 2025. The company's shares fell 50% following the disclosure.
The breach affected an internal employee system that Bithumb states is separate from its trading platform. The exchange is still determining whether customer information was exposed.
Alphabet is scheduled to release its fiscal 2026 third-quarter earnings after the U.S. market close on Wednesday, October 28. Analysts forecast revenue of $127.833 billion, up 24.9% year-over-year, and net profit of $37.334 billion, a 6.73% increase, with focus on cloud growth, TPU external sales, 2027 capex guidance, and free cash flow pressure.
AI compute infrastructure startup Hyperbolic has closed a $30 million Series A-1 funding round. Walden Catalyst, co-founded by Intel CEO Lip-Bu Tan and former Samsung President Young Sohn, led the round, with participation from Dell Technologies Capital and General Catalyst.
Moody's has assigned A2 long-term and P-1 short-term deposit ratings to Ripple's RLUSD stablecoin, covering natively issued tokens on the XRP Ledger and Ethereum. The assessment incorporated RLUSD's reserve protection arrangements and weighed holders' exposure to issuer bankruptcy risk.
Binance founder Zhao Changpeng reported four data breaches on October 28, including incidents at Coinbase supplier Amplitude and South Korean exchange Bithumb, as well as traditional financial firms Mirae Asset and Daishin Securities. He advised users to reduce shared information and use unique email aliases for each trading platform to prevent cross-account linkage and identify the source of breaches.
Gate's Launchpool round 384 features XAUT (Tether Gold) staking airdrop, with the USDT pool offering a reference APR of 5.71% and the XAUT pool 5.62%. The event is currently ongoing, according to platform data.
According to Gate market data, spot silver declined more than 1% during the session and was quoted at $53.86 per ounce. New York silver futures also fell 1% intraday, trading at $53.97 per ounce.
RAI Token will hold an AMA on Telegram on October 30, 2026, at 20:00 WIB. A community airdrop of 900,000 IDR is available, requiring participants to complete four steps.
Binance announced that due to abnormal conditions such as deposit and withdrawal restrictions and price deviations in spot markets across multiple exchanges, it will activate the Latest Price Protection (LPP) mechanism for the BULLAUSDT USDT-margined perpetual contract at 14:00 (UTC+8). During the protection period, the mark price will be calculated based on the average transaction price over the past 10 seconds, with a per-second change limit of ±1%, and the funding rate upper and lower limits will be adjusted from ±2% to ±0.005%.
Trader Bonk Guy stated that Robinhood's latest earnings report is a major positive for the on-chain ecosystem, with Robinhood Chain playing a key role in crypto revenue growth. Chief Executive Officer Vlad Tenev expressed optimism about the future of on-chain business, while Bonk Guy noted PONS holds about 88% market share of Robinhood Chain's token launch platform and could benefit significantly from subsequent capital inflows if the ecosystem has bottomed.
Prediction market platform Kalshi has imposed a monthly deposit limit of $2,500 for users aged 18 to 20. The measure is part of new restrictions aimed at curbing high-risk trading among young adults.
Bitcoin traded near $81,000 as investors awaited the Federal Reserve's policy decision. Major cryptocurrencies outperformed bitcoin, while technology stocks extended their rally.
Robinhood CEO Vlad Tenev stated that tokenized equities require more than a temporary SEC exemption to thrive in the US. He warned that regulatory uncertainty is deterring serious assets from being tokenized.
According to monitoring by Liquid247.xyz, a Hyperliquid address 0xecb63c...2b00 currently holds a short position of 9,885.47 ETH, with a notional value of $23.32 million. At the time of writing, ETH is priced at $2,359.40.
Bitget has added rAURE (Aurelion) to its stock spot trading offerings. The platform now supports a total of 3,031 stock spot rTokens.
Zilliqa stated that an ongoing investigation into a recent security incident has identified affected components including the X-Bridge and ZRC2 proxy contracts used by certain liquidity pools, involving tokens such as zUSDT, SEED, kUSD, and Zoge. The company emphasized that the native ZIL and Zilliqa EVM network remain unaffected, and X-Bridge will stay suspended while users are advised to avoid the bridge and impacted pools.
PRIORS, an ecosystem token on Robinhood Chain, saw its market cap briefly exceed $15 million and is now at $12.6 million, up 84.6% in 24 hours with about $1.5 million in trading volume. The move followed a repost by the Robinhood Crypto account; Priors positions itself as on-chain credit infrastructure for AI Agents and recently launched a public Board tracking registered ERC-8004 Agents, their repayments, and collateral including stock tokens.
Binance will add five bStocks tokens—Bending Spoons (BSPB), GraniteShares 2x Short SK Hynix ETF (SKDDB), GraniteShares 2x Long SK Hynix ETF (SKUUB), GE Vernova (GEVB), and Applovin (APPB)—as eligible collateral on its Cross Margin, Unified Account, and Unified Account Pro modes on October 28, 2026, at 20:00. Eligible users can use these tokens as margin collateral.
Coinbase stated that an incident at analytics firm Amplitude exposed some customer contact information, but its own systems were not breached. The exchange emphasized that user funds remain safe.
US Treasury Secretary Scott Bessent said at Ripple’s Swell conference that global reserve currency dominance is shifting from a military umbrella to a technology umbrella, positioning US leadership in digital assets as a critical tool to reinforce the dollar’s global standing. He noted that over 90% of stablecoins are dollar-backed and heavily collateralized by US Treasuries, and pledged to use Treasury’s convening power with the SEC and CFTC to advance administrative rulemaking after Congress failed to pass the Clarity Act.
During Brazil's election on October 25, corporate accounts on Mercado Bitcoin contributed 78% of trading volume, with USDT volume surging nearly 800% from the prior week. On Monday, the Ibovespa index fell 14% and the dollar rose over 8% against the real, while combined USDT and USDC trading reached 1.84 billion reais (about $350 million).
Joint provisional liquidators have been appointed by local courts for 30 British Virgin Islands entities controlled by Chen Zhi, the head of Cambodia's Prince Group, to investigate and preserve assets. The liquidation process may allow Chinese victims to file claims, as over 90,000 BTC reportedly flowed through affiliated entities.
An address that had been inactive for 44 days spent 160,000 USDG to purchase 1.55 million CASHCAT tokens, according to on-chain monitoring by Onchain Lens. The transaction was detected on-chain and marks a significant movement after the extended dormancy.
Binance will list trading pairs for tokenized securities APPB, BSPB, GEVB, SKDDB, and SKUUB on October 28 at 20:00. Users can convert bStocks to BTC, USDT, or other supported tokens fee-free within one hour after listing, and the zero maker fee promotion for all bStocks pairs is extended to December 1 at 07:59.
Iron Fish is investigating the abnormal issuance of wIRON on the Base network and has asked cross-chain bridge provider ChainPort to conduct an urgent review. Users are advised to avoid purchasing wIRON on Base or using related bridges until further notice, as 1:1 asset backing cannot be guaranteed.
According to token unlock data from the Web3 asset data platform RootData, Momentum (MMT) will release approximately 17.7 million tokens on November 4 at 10:00 Beijing time. The unlocked tokens are valued at about $2.51 million.
According to Catcher Predict monitoring, the 'Yes' option for Gadi Eizenkot in the 'Israel next Prime Minister' sub-market on Polymarket dropped from 37.45% to 21.1% within an hour, a swing of 16.35 percentage points. Traders are advised to watch for related breaking news that may have caused the sudden shift.
A whale purchased approximately $42.3 million worth of cryptocurrencies from BitGo in the past hour, including 14,600 ETH valued at about $34.24 million, 415,690 LINK worth roughly $4.81 million, 16,570 AAVE worth about $2.23 million, and 144,840 UNI worth approximately $1.02 million. The transactions were monitored by Onchain Lens.
Machi (@machibigbrother) sold more than 60 NFTs over the past six months to fund high-leverage perpetual contract trading, according to Lookonchain. The cumulative loss exceeded 1,000 ETH, approximately $2.35 million at current prices.
Predict.fun stated that a small number of users experienced unauthorized fund transfers totaling approximately 400,000 USDT. The platform suspects the incident may be linked to a breach of a third-party hosted API documentation website and has temporarily shut down the site while promising full compensation to affected users.
Meta Chief AI Officer Alexandr Wang recalled that his 19th birthday party included guests mostly from Harvard University and the Massachusetts Institute of Technology. Years later, attendees Jeff Yan, Scott Wu, and Jesse Zhang founded Hyperliquid, Cognition, and Decagon, respectively, highlighting the value of giving exceptional talent time and resources.
SlowMist's Chief Information Security Officer 23pds confirmed a data breach at Coinbase, with hackers obtaining contact information of over 70,000 users. It remains unconfirmed whether passwords or funds were compromised.
WEEX exchange has added Apple and AMD to its 'US Stock Earnings Prophet' event, bringing the total to five companies with separate USDT prize pools. Users can earn points through contract trading and referrals, then use them to predict stock movements after earnings releases, with all participants eligible to share the prize pool regardless of outcome.
The Nikkei 225 index rose 0.6% intraday to 64,124.64 points, up from its opening of 63,738.98 points. The data was reported by Rootdata market information.
Bitget has launched perpetual contracts for HONHAI (Foxconn) and MEDIATEK (MediaTek) stocks, settled in USDT with up to 20x leverage and 24/7 trading. The exchange now supports 384 stock perpetual contracts.
Doctor Profit has established Bitcoin long positions in the $80,000–$81,000 range at an average entry of $80,400, while continuing to hold spot Bitcoin acquired at $60,000–$64,000. He identifies this zone as an accumulation area and local bottom, citing stronger spot demand, gradual long buildup, and bearish retail sentiment, with institutional treasury and U.S. spot ETF average costs near $80,000–$81,500.
Whales on Hyperliquid hold $8.514 billion in total positions, with short positions at $4.545 billion (53.38%) and long positions at $3.969 billion (46.62%), resulting in a long/short ratio of 0.87. A whale address 0x5b5d..60 opened a 5x full-margin short on ETH at $2,322.74 and currently has an unrealized loss of $3.4753 million.
Binance founder CZ stated in an interview with PIVOT that current opportunities in AI, blockchain, and the internet make today the best time in history to start a business. He encouraged young people to learn new technologies, pursue entrepreneurship despite its uncertainties, and move away from lifetime employment at a single company.
According to Santiment, wallets holding at least 10 million XRP now control 46.87 billion tokens, or 68.5% of the total supply, the highest share since November 2022. These large holders continue to increase exposure even as XRP struggles near $1.29, with Santiment identifying $1.3 as a near-term pivot and $1.5 as a stronger confirmation level.
An address linked to Kanye West withdrew 4,000 ETH from Binance seven hours ago, deposited it into Aave as collateral, and borrowed an additional $6 million in USDT. The address now holds 22,504.52 ETH as collateral against $31.02 million in debt at a health rate of 1.41, with its ETH long position averaging $2,503.86 and the 16,549.9 ETH withdrawn from Binance since September 29 showing an unrealized loss of $2.477 million.
An address identified as a PEPE whale transferred 1.45 trillion tokens to a new wallet after a year of inactivity. The holder accumulated 4.03 trillion PEPE between May 2023 and August 2024 at an average cost of about $0.000001185, with remaining holdings showing unrealized gains of roughly $5.106 million.
According to Coinglass data, total liquidations across the crypto market reached $149 million over the past 24 hours, with short positions accounting for $99.93 million and long positions $48.61 million. Bitcoin short liquidations totaled $25.78 million and Ethereum short liquidations $30.02 million, while Bitcoin long liquidations were $8.32 million and Ethereum long liquidations $6.59 million.
Casa co-founder Jameson Lopp highlighted that Datavault's stock price crashed 49.55% in 24 hours after the company disclosed its entire Bitcoin treasury is held on Biconomy and that withdrawal requests have been pending for four months. The company has been unable to withdraw any BTC from the exchange despite submitting transfer requests.
Bitcoin's summer rally has faded, with the price retreating to around $80,000 amid persistent selling pressure near the $100,000 mark. Investors who bought over the past two years have cost bases concentrated at $87,000 and above, and selling near that level has twice capped rebounds this year, each followed by a pullback of at least 25%.
Galaxy Research reports that meme coins' share of Solana trading volume dropped from over 50% in late 2024 to 15-20% in Q2 2026, while SOL's year-to-date decline approaches 20% and US-listed spot and staking SOL ETFs saw about $50 million in outflows over two consecutive weeks this month. The Solana Foundation states that a transition is underway toward stablecoins and tokenized assets to attract Wall Street institutions, though competition from Hyperliquid and a weak crypto market pose challenges.
Blockaid detected an attack on a Tranche Vault tied to Valinor Digital on Avalanche, where the attacker used flash loans to mint inflated tranche shares and then redeemed the vault's remaining USDC. The attacker moved roughly $1.01 million from the vault across about two transactions.
Ant Group has released Lingguang 2.0, which connects data and services within the Alipay ecosystem and supports calling tools such as MCP and CLI in open environments. The assistant now includes built-in capabilities for Alipay bills, membership, travel, DingTalk, Feishu, email, and Mijia, extending its management scope from personal information and online affairs to cross-platform workflows and smart home device control.
A whale address purchased 123,055 HYPE tokens, valued at approximately $10.02 million, from Wintermute after 27 days of inactivity. The transaction was detected by on-chain monitoring platform Onchain Lens.
Datavault AI, a Nasdaq-listed company, stated it has been unable to withdraw its BTC held at Biconomy crypto exchange since June 2026. The Bitcoin originated from a September 2025 equity deal with Scilex Holding, which agreed to pay $150 million in BTC for Datavault shares and warrants, with the BTC credited to Datavault's Biconomy wallet via off-chain transfer.
Coinbase CEO Brian Armstrong stated on X that all asset classes are migrating on-chain, with tokenized stocks and stablecoins growing rapidly. A Blockworks chart he shared shows the total supply of tokenized stocks has reached $3.75 billion, with 1,501 stocks tokenized.
Tencent Games' public technology line has launched Motus AI, a standalone platform covering the full pipeline of 3D character animation, with more than 90 internal and external projects connected. The platform has been deployed in titles including Peace Elite, PUBG MOBILE, Delta Force, Honor of Kings, League of Legends and Teamfight Tactics, and is positioned as an animation production assistant that automates repetitive tasks such as base skeleton construction, motion pre-generation and clipping checks.
The crypto industry has spent approximately $176 million across over 100 races in the current US midterm election cycle, with super PAC Fairshake and affiliates accounting for about $150.8 million and other crypto groups spending roughly $25 million. Major backers include Coinbase, Ripple, and a16z; Fairshake reports 53 wins out of 58 supported candidates in primaries or special elections, and after Senate Democrats blocked the CLARITY Act from a final vote, the group decided to support only Republican candidates in Senate races.
Mecca Coin has launched its presale, aiming to attract early investors. The presale occurs during a quiet phase in the Solana market.
Ankr has added support for the Ethereum Fast Confirmation Rule on its mainnet and Sepolia testnet. This allows developers to receive fast-confirmed blocks in 12 to 24 seconds, compared to the roughly 13 minutes required for full finality.
Core announced that its DAO is transferring block production duties to independent validators while maintaining zero downtime during the transition. Early contributors Rich Rines and Brendon Sedo are leaving their DAO roles as the community assumes greater responsibility for ecosystem growth and strategic decisions.
The US government sold 4.45 million seized Anthropic shares to nine buyers for $627 million to repay FTX creditors. Based on Anthropic's upcoming Nasdaq listing valuation under ticker ANT, the shares are currently worth about $3.94 billion.
Ark Invest, led by Cathie Wood, purchased 35,403 shares of Circle through its ARKW ETF on Tuesday, valued at approximately $2.9 million. Circle's stock price rose 2.18% to close at $81.58 that day.
