Crypto News

Ripple says its Ripple Payments service has helped Water.org, co-founded by Matt Damon and Gary White, cut cross-border transaction fees by up to 66%. The nonprofit has transferred more than $3.2 million across four markets, with settlement in Mexico and Brazil shortened from two or three days to the same day. Ripple Payments also enables processing around the clock, helping Water.org move funds to local lending partners faster for water and sanitation loans. Ripple awarded Water.org a $1.25 million grant in RLUSD through its Stablecoin Impact Fund. The funding is intended to support stablecoin-enabled WaterCredit disbursements in Indonesia, the Philippines and Uganda. Ripple has separately committed $6 million over three years to Water.org’s financial inclusion programs, and Water.org plans to use Ripple’s Wallet-as-a-Service technology. The partnership highlights adoption of Ripple’s payments infrastructure and RLUSD, but does not necessarily create demand for XRP. Ripple Payments, RLUSD and XRP are separate components, and payments processed through Ripple’s system do not automatically use XRP for settlement.

Binance co-founder Changpeng Zhao (CZ) says the Binance hack caused losses of more than $6 billion, leaving the exchange with an estimated $2 billion funding gap. About $3 billion has been frozen, while Binance’s SAFU fund holds more than $1 billion. CZ said Binance’s SpaceX shares, valued at over $1 billion and linked to its $500 million investment in Elon Musk’s Twitter acquisition, could cover most of the remaining shortfall. He described the gap as painful but manageable and said Binance would bear the losses. For traders, the scale of the hack and the exchange’s ability to absorb the damage may affect confidence in Binance and the BNB token, while keeping attention on exchange security and recovery efforts.

Binance co-CEO He Yi said the exchange’s annual revenue is sufficient to cover its losses, so Binance does not currently need to sell its SpaceX shares. Her statement offers reassurance about Binance’s finances, but the report provides no figures on the losses, annual revenue or value of the SpaceX holding. The comments alone do not establish how the exchange’s financial position may change.

A wallet of unknown ownership transferred 250,000 HYPE to Bybit at 17:42 Beijing time on 30 October. The tokens were worth about $22.85 million at the time, and the transaction was confirmed. The receiving address is labelled as a Bybit wallet. The HYPE transfer puts a sizable amount of the token on an exchange, where it could potentially be sold, but the transaction alone does not confirm the holder’s intentions.

USDD reported growth in circulating supply, total value locked (TVL) and treasury revenue in Q3 2026. The stablecoin’s circulating supply exceeded $1.48 billion on October 29, while protocol TVL reached $2.18 billion. The article says USDD had the largest market-cap increase among the top 10 stablecoin issuers during October 12–19, adding $180.3 million. USDD’s Q3 treasury revenue rose 26.7% quarter over quarter to $9.70 million, and its treasury balance reached $31.24 million. Its Smart Allocator generated $9.11 million in Q3 income, according to the report. The project is expanding USDD integrations across TRON, Ethereum and BNB Chain. It also highlighted DeFi earning options and transfer services through platforms including Binance Wallet, Gate DEX, GasFree and TokenPocket. USDD said Ethereum held $329.94 million, or about 22.3%, of its circulating supply. The figures and performance claims are reported by the project and do not establish future demand or returns.

This guide compares five dedicated crypto prop firms: Leveraged, HyroTrader, Breakout, WenCrypto and Crypto Fund Trader. It assesses entry costs, evaluation targets, drawdown limits, trading platforms, profit splits and payout methods. Leveraged charges $8.88 to start and collects its activation fee only after a trader passes. Its crypto program runs on MetaTrader 5 and cTrader, has a 6% profit target and offers an 80% profit split. HyroTrader supports exchange-based perpetual futures trading through Bybit and offers splits of up to 90%. Breakout provides on-demand payouts and static drawdown limits. WenCrypto has a low-cost pay-after-passing option, while Crypto Fund Trader’s profit split can rise progressively to 90%. The article says there is no single best crypto prop firm. Traders should compare the total cost if they pass, platform compatibility, loss limits, leverage and funded-account payout rules. Fees and program conditions can change, so traders should check current terms before signing up. These services generally use simulated accounts and have firm-specific evaluation and risk rules.

Uniswap (UNI) fell 3.99% to $6.73 on October 30 after the attacker behind the Binance hack sold 7.02 million UNI tokens for about $39.63 million. The sale was part of a wider operation involving seven altcoins; the attacker converted the proceeds into 70,480 ETH, worth around $158.25 million. UNI recovered from an intraday low near $6.27 but remained down 7.62% over seven days and 23.48% over the past month. Traders are watching support at $6.25–$6.50, with resistance near $7.00 and $7.50. Standard Chartered analyst Geoffrey Kendrick said the security incident could encourage traders to use decentralized exchanges such as Uniswap, and maintained a $100 UNI price target for 2030. However, near-term momentum remains weak, with a slightly negative money-flow reading and further market weakness possible.

Binance’s investigation into its security incident has found more breach points than the initially suspected compromised laptop. The exchange described the attack as complex and is working with law enforcement and partners to trace it and freeze affected assets. Binance said about $3 billion in assets had been frozen, while an earlier estimate put the total impact at around $6.3 billion. It said user funds are safe and it will cover all losses with its SAFU fund and corporate funds. Deposits remain available, but withdrawals are suspended; Binance expects to restore them about 45 hours after its October 30 update, around the afternoon of November 1 in Taiwan. The exchange said the pause stopped funds from flowing out. The expanded breach findings add uncertainty around Binance’s security, while the asset freeze and funding commitment may help limit concerns among traders.

Anthropic was identified as SpaceX’s largest customer in the third quarter, accounting for 34.5% of revenue, or about $5.03 billion. SpaceX’s SEC filing called it “Customer B” and did not name the company; Bloomberg cited people familiar with the matter. The customer’s share was below 10% a year earlier. The revenue came from SpaceX’s Super Intelligence (SI) division, which generated $7.56 billion in the quarter. Anthropic therefore represented roughly two-thirds of SI revenue. SpaceX reported total third-quarter revenue of $14.58 billion. Anthropic’s October S-1 filing disclosed computing-capacity agreements with SpaceX.AI worth up to $120.5 billion, extending to 2029. The contracts’ non-cancellable periods end in January and March 2027. After that, either party can terminate with 90 days’ written notice. Once all capacity is delivered, the combined monthly fees are expected to be about $3.1 billion. The disclosure highlights both the rapid growth of SpaceX’s AI infrastructure business and its reliance on a single major customer. For traders, the concentration and termination terms are relevant to assessing SpaceX’s future revenue stability, though the report has no direct cryptocurrency-market catalyst.

Binance is investigating a major security breach after billions of dollars in assets left its hot wallets. Binance estimates losses at about $6.3 billion; Chainalysis put the amount at $5.91 billion, while Arkham estimated about $6.01 billion across nine blockchains. Binance’s initial investigation pointed to a compromised DevOps engineer’s laptop and a service container, but it later identified additional intrusion points. The exchange said it found no evidence that wallet private keys were exposed. Binance suspended withdrawals and some Binance Alpha trading as a precaution, while deposits remained operational. It said withdrawals were expected to resume gradually within 45 to 48 hours, subject to security upgrades. With help from law enforcement, blockchain partners and asset issuers, Binance froze about $3 billion in affected assets. It said SAFU reserves and company funds would cover losses and that user assets were safe. The exchange is also working on a technical post-mortem and updated proof of reserves. The breach fueled market volatility and renewed scrutiny of centralized exchange security. The attacker reportedly sold UNI, ENA, PEPE, LINK, AAVE, ONDO and WLD for about 70,480 ETH, with some funds still movable. Aave temporarily froze DAO-operated V3 and V4 markets. Traders may reassess exchange and DeFi risks as the investigation and recovery efforts continue.

About $10.9 billion in Bitcoin options covering 135,000 BTC are due to expire on Deribit on October 30 at 16:00 Beijing time. Another $776 million in Ethereum options brings the total crypto options expiry to about $11.67 billion. The large Bitcoin options expiry could amplify short-term price swings as traders adjust or close positions, but it does not establish a clear market direction. Bitcoin’s put/call ratio is 0.53, with max pain near $78,000—close to its recent price after a dip to around $76,000. Calls are concentrated at $95,000 and $100,000 strikes, while puts cluster between $70,000 and $75,000. Ethereum’s max pain is $2,500, compared with a price near $2,200. Market watcher Dennis Liu said downside protection for the November 6 expiry is relatively expensive, pointing to near-term hedging demand. He estimated a $77,600–$82,400 range for the October 30 expiry; longer-dated options have more calls than puts. The Bitcoin options expiry may heighten volatility, but max pain and options positioning are not reliable price forecasts.

Elon Musk warned that advanced AI agents could one day use crypto systems to obtain funds independently. His comments came after a Binance security breach, but there is no evidence that AI was involved in the incident or subsequent lending activity. A wallet linked to the Binance attacker reportedly deposited 60 million USDT on Aave and borrowed 19,762 wrapped Ether (WETH), worth about $44.6 million. The borrowing used Aave’s standard features, not a protocol exploit, and the position was reportedly overcollateralized. Aave temporarily restricted new deposits and borrowing across 175 reserves on 16 V3 networks and 117 reserves on four V4 networks. Repayments, withdrawals of available assets and liquidations remained enabled. Binance estimated that the breach affected about $6.3 billion in crypto assets, with roughly $3 billion frozen in coordination with industry partners. Tether said it froze more than $1.57 billion in USDT, while Circle reported restricting over $800 million in USDC. Binance’s preliminary investigation pointed to a potentially compromised DevOps engineer’s laptop; the exchange said it found no evidence that wallet private keys were exposed and would cover customer losses. The Binance breach and Aave restrictions highlight security and liquidity risks for crypto traders, while Musk’s AI comments describe a possible future threat rather than the cause of this event.

A proposed US permitting bill has drawn criticism from a prominent Democrat, who warned it could spark a “gold rush for gas.” The Bipartisan American Affordability and Jobs Act of 2026 is under discussion in the Senate, but some Democratic senators say they want clean-energy grants restored before supporting it. The permitting bill could affect energy policy and expectations for future fossil-fuel supply. The article says traders may view a rise in gas exploration and production as supportive of greater oil supply and potentially lower oil prices, although it provides no direct evidence of a change in production forecasts. Prediction-market odds tied to oil prices and control of the Senate were described as fluctuating; the article gives no clear market-price data beyond a term-structure table. A procedural vote is expected on November 9. Changes in Senate support, global supply conditions and geopolitical developments could shape the bill’s prospects and energy-market expectations. The story has no direct cryptocurrency catalyst.

Coinbase premium has fallen to its lowest level in four years, according to CryptoQuant founder Ki Young Ju. The last time the indicator reached a similar level was after the FTX collapse in November 2022, when Bitcoin was near its market bottom. Young Ju said sentiment is now pessimistic enough to be bullish. The Coinbase premium tracks the price difference between Bitcoin on Coinbase and other exchanges. Its low reading may signal weak buying demand or widespread caution, but it does not confirm that a market bottom is in.

Bybit has listed six new stock perpetual contracts: XP Inc. (XPUSDT), the Industrial Select Sector SPDR ETF (XLIUSDT), Booking Holdings (BKNGUSDT), the iShares MSCI Brazil Small-Cap ETF (EWZSUSDT), Occidental Petroleum (OXYUSDT) and NuScale Power (SMRUSDT). Bybit stock perpetual contracts support leverage of up to 25x. A launch promotion offers zero fees on limit orders and 50% off taker fees for market orders.

PEPE fell toward $0.0000049 on October 30 after a wallet linked to the Binance hack reportedly sold 7.77 trillion tokens worth about $31.66 million. PEPE had touched an intraday low of $0.0000044 before rebounding. A prominent early investor reportedly bought 45.08 billion PEPE, worth roughly $206,500, but that purchase was small compared with the hacker’s sale. Derivatives data showed futures volume up 59.84% to nearly $1.52 billion, while open interest fell 10.09% to $369.85 million. The combination points to heavier trading alongside a reduction in outstanding leveraged positions. Traders are watching support near $0.0000045 and resistance around $0.0000050–$0.0000052. A sustained breakout could put the $0.0000055–$0.0000057 area in view, while a drop below support may expose the $0.00000435 region. The reported sale added pressure during a broader market decline, though available data does not establish how much of PEPE’s price move it caused.

Wall Street is weighing the odds of a Santa Claus rally against the risk of a tech-led sell-off resembling 2000. Deutsche Bank’s Jim Reid cites data going back to 1928: the S&P 500 typically finds its final yearly low in late October, and 21 of the past 23 midterm-election years saw gains in the following three months. But he warns that historical averages do not rule out bear markets. BTIG strategist Jonathan Krinsky takes a more cautious view. He sees similarities between current semiconductor trading and the 2000 downturn, and argues that markets have not undergone a full washout. Only one of the S&P 500’s 11 sectors has an RSI below 49. The 20-day equity put/call ratio is 0.59, compared with about 0.67 near a market low in March, suggesting limited demand for downside protection. Krinsky expects the semiconductor ETF SOXX to rebound towards $550–$570 before potentially turning lower around the US midterm-election week. Recent mega-cap earnings offered mixed signals: Microsoft rose about 6% after results, while Alphabet fell around 8%. The Federal Reserve held rates but delivered a hawkish message. For traders, the Santa Claus rally remains possible, but weak hedging demand, tech earnings reactions and rate concerns leave risk assets vulnerable to a sharp reversal.

PokéJam, a browser-based Pokémon basketball game created by indie developer KungFuDOOM, launched on 26 October and drew about 808,000 views on X by 30 October. The game features 291 Pokémon, each with eight basketball attributes, and offers quick-play and franchise modes. Online multiplayer is planned but was not yet available at launch. The developer also promoted PJAM, a Solana-based token launched through pump.fun, on the game website and X. At 16:21 on 30 October, DexScreener data showed PJAM had a market capitalisation of about $10,390 and roughly $7,191 in liquidity. Its price was down 21.82% over 24 hours. The developer said he had bought back and locked another 1% of the token supply. PokéJam is a fan-made game and its page notes that Pokémon is a trademark of Nintendo, Game Freak and The Pokémon Company.

RWA tokenization gained ground this week, but competing approaches to tokenized US stocks faced regulatory and issuer resistance. RWA assets reached $39.56 billion, up 2% month on month, while holders grew 8.49% to 5.457 million. DTCC launched its tokenization service for 34 securities, with tokens backed 1:1 by DTC-custodied assets and designed to preserve holders’ existing legal and economic rights. The launch highlights an institutional route to RWA tokenization that contrasts with the third-party model proposed by OKX and ICE. A total of 38 companies, including Walmart and Eli Lilly, have objected to that plan. Other developments point to wider adoption: Aviva Investors put £50 million into a tokenized fund share class on the XRP Ledger, and the LME is exploring tokenized metal inventories in Hong Kong for financing. Meanwhile, Canada proposed stablecoin rules that prohibit issuers from paying interest, and the US SEC added tokenization to its 2027 high-risk review priorities for clearing agencies. Stablecoin market value slipped 2.16% to $287.47 billion, even as monthly transfer volume rose 38.53% to $10.09 trillion. The data suggest active trading and transfers are increasing despite a smaller total supply and a slight decline in monthly active addresses. Overall, RWA tokenization is advancing, but regulatory requirements and disputes over issuer consent remain important risks for traders to monitor.

A reported $6.3 billion hack at Binance triggered a broad crypto market sell-off, according to the article. Service providers and blockchain partners had frozen about $3 billion on-chain by the time of the announcement. Early investigations reportedly pointed to a compromised DevOps engineer’s laptop, while Binance said it had found no evidence that wallet private keys were leaked. Bitcoin fell from above $80,000 towards $76,000, while Binance’s token, BNB, dropped more than 6% to about $705. More than 240,000 traders were liquidated, with daily liquidations exceeding $1.5 billion. Pi Network’s PI bucked the downturn, gaining nearly 3% over 24 hours to trade above $0.078. The article reported no clear catalyst for the rise. PI’s market capitalisation topped $880 million, placing it 64th among digital assets, and its price remained about 10% above its reported all-time low of $0.07072. The contrast highlights PI’s short-term resilience, but the reported Binance hack increased wider market volatility and risk aversion.

Foxconn Chairman Young Liu said the company is developing a new partnership with OpenAI, but gave no details on its scope, timing or financial terms. The announcement followed a meeting with OpenAI CEO Sam Altman at the company’s Hon Hai Tech Day in Taipei. Liu forecast double-digit growth for Foxconn next year and said he does not believe AI is in a bubble. Foxconn currently holds about 40% of the global AI server market and aims to increase that share to 45% in 2027. The company already has a 2025 agreement with OpenAI to co-design and manufacture US AI data-centre components, though that deal included no purchase commitments. For traders, the growth outlook and market-share targets are measurable indicators of demand for AI infrastructure. However, the new OpenAI collaboration remains financially undefined, and Foxconn’s heavy exposure to a small group of AI and cloud customers leaves it vulnerable to changes in their spending. Investors will look for details on binding orders, Houston capacity expansion and whether quarterly results support Liu’s forecast.

Anthropic’s IPO prospectus outlines up to $567 billion in compute and infrastructure commitments: $417 billion in minimum compute obligations and as much as $150 billion in additional capacity. The Claude maker says the plans support its expansion and competition with OpenAI, though the disclosure does not name specific supplier partnerships. The commitments could increase demand for AI computing and related infrastructure. They are not a direct cryptocurrency catalyst, but traders may monitor their effects on technology-sector sentiment and risk appetite. The article also reports that prediction markets put the chance of Anthropic reaching a $600 billion valuation by 31 December at about 5%.

Bitcoin, Ethereum and XRP are on track for a fourth consecutive weekly loss as October’s crypto market weakness continues. Bitcoin is down more than 2.5% this week, while Ethereum and XRP have fallen over 4% and 5%, respectively. Bitcoin has traded around $77,500–$77,900, briefly slipping below its 100-day EMA near $77,814. Reclaiming that level is an immediate hurdle for buyers; further resistance sits near $80,585 and $85,000. The key downside level is Bitcoin’s 200-day EMA at about $76,423. Holding it could help preserve the broader upward structure, while a sustained break below it may expose Bitcoin to a deeper pullback. The RSI is 34, near the oversold threshold, and MACD remains negative. These indicators point to persistent selling pressure, though oversold conditions alone do not confirm a reversal. Ethereum fell below $2,215 and XRP traded under $1.230.

Circle will begin lowering burn limits for its legacy Cross-Chain Transfer Protocol (CCTP V1) on 31 October 2026 and suspend the related contracts on 1 December. After the suspension, users will no longer be able to transfer USDC through CCTP V1 routes. CCTP V1 is not backward-compatible with the newer version, so applications, wallets and bridge services must update their integrations. Circle says it will retain enough minting capacity to complete attested transfers already in progress, but has not disclosed the limit schedule. Noble will not adopt the new CCTP. Circle plans to suspend Noble’s USDC contract and remaining cross-chain routes on 12 January 2027. Holders should move their USDC before then; remaining balances will be snapshotted that day, with manual redemptions beginning on 13 January, subject to compliance and security checks and requiring funds to be held in a self-custody wallet.

Lookonchain reported that a crypto address closed long positions in 1,000 BTC and 10,000 ETH after holding them for four months, booking more than $20 million in profit. It then opened a 20x leveraged short of 13,000 ETH, valued at about $29 million. In a later update, Odaily reported that an address closed an ETH long position valued at $10,000 and opened an ETH short worth about $18.85 million. It subsequently closed around $10.88 million of that short, leaving an ETH short position valued at about $7.88 million. The reports show substantial changes in ETH derivatives exposure, but their position estimates differ. A single trader’s ETH short is not enough to establish a broader market trend.

A crypto whale that held Bitcoin (BTC) and Ethereum (ETH) long positions for nearly four months has closed both, booking a reported $17.78 million profit, according to on-chain analyst Ember. The whale originally went long 1,000 BTC at $62,353 and 10,000 ETH at $1,762 in early July. After closing the positions, the trader opened a new ETH short position of 20,000 ETH at $2,228, worth about $44.6 million. The ETH short position signals a bearish stance from this trader, but one whale’s move does not by itself confirm a broader market trend.

Standard Chartered digital assets researcher Geoffrey Kendrick says the $6.3 billion Binance hack could encourage traders to move activity to decentralized exchanges (DEXs), particularly Uniswap, once immediate market disruption eases. He maintained his $100 target for UNI by 2030 and said the Binance hack could support an even higher valuation, building on his earlier view that the target may prove conservative. Near term, prices remain under pressure. Bitcoin traded near $77,000, while BNB, UNI and AAVE fell. Kendrick cautioned that further declines are possible until investigators provide more details and frozen assets are dealt with. Binance said about $3 billion in affected assets had been frozen and pledged to cover customer losses. DEXs had already been gaining market share before the Binance hack. CoinGecko data showed that the top 10 DEXs’ spot volume equalled 23.5% of the top 10 centralised exchanges’ volume in Q2 2026, up 2.1 percentage points from the previous quarter. Uniswap led DEXs with $168.5 billion in volume. Separately, HYPE rose about 15% after ICE and Trade.xyz announced plans for a regulated US perpetual-futures market on Hyperliquid, subject to regulatory approval.

South Korea’s Financial Intelligence Unit (FIU) has asked the country’s communications review authority to block access to TetherMax and SuperTrust, which are suspected of operating as unregistered cryptocurrency businesses. The request followed referrals by the Digital Asset Exchange Alliance (DAXA), which also referred Aegis Ventures for investigation. Aegis was not included in the blocking request because it has no separate website or mobile app. The three referrals bring to 47 the number of suspected unregistered crypto operators reported to investigative authorities. Under South Korea’s Specific Financial Information Act, crypto businesses serving local customers must register with the FIU. Unregistered operators can face up to five years in prison or fines of up to 50 million won. The proposed blocks are not yet final; the communications authority must decide whether to implement them. A June inspection found that examined unregistered platforms charged trading fees of 1.5% to 10%, compared with an average of about 0.16% at South Korea’s five largest won-based exchanges. The FIU also warned that platforms outside regulatory supervision may pose money-laundering, fraud, hacking and personal-data risks. The latest action adds to South Korea’s wider effort to restrict access to overseas crypto platforms that serve local users without registration.

Taiwanese trader Huang Licheng, known as Machi Big Brother, was liquidated eight times on Hyperliquid within six hours on 30 October. On-chain data tracked by Lookonchain showed that the account’s positions—mainly leveraged ETH longs—were closed, leaving a balance of about $1.50. The figure refers only to that Hyperliquid account, not Huang’s total wealth; it later received a $250,000 deposit. The liquidations came during a sharp crypto-market downturn. CoinGlass data showed more than $1.5 billion in crypto derivatives liquidations over 24 hours, with about 84% involving long positions. ETH briefly fell below $2,200, while BTC dropped to around $76,460. Huang had previously grown an account from less than $60,000 to about $12.1 million during a market rally, but earlier on-chain estimates put his cumulative trading losses at roughly $36.85 million. That historical estimate is separate from the latest liquidations. The episode highlights how leverage can magnify gains and rapidly wipe out trading capital during volatile markets.