Crypto News

Arkham Intelligence has moved full wallet histories, cross-chain tracing and risk scores behind its paid Enterprise tier. Its free plan now displays only a wallet’s 100 most recent transactions, prompting users to consider Arkham alternatives for crypto investigations and compliance work. A review tested two Bitquery tools against the January 2026 Truebit exploit, in which an attacker stole 8,535 ETH, worth about $26.4 million, and sent the funds to Tornado Cash within 53 hours. Bitquery MoneyFlow offers free visual tracing across 17 chains, while its MCP tool lets users ask AI assistants to trace funds and assess risk. The article says both tools followed the stolen ETH to Tornado Cash, though they do not automate cross-chain tracing. Other Arkham alternatives include Nansen for trading research, Chainalysis Reactor and TRM Labs for institutional investigations, Dune for SQL-based analysis, and Etherscan for individual wallet and transaction checks. Arkham’s free address labels remain a notable advantage. The article’s author discloses working at Bitquery.

Ripple CEO Brad Garlinghouse said XRP remains the company’s “North Star”, despite recent attention on its RLUSD stablecoin. He said Ripple aims to pursue activities that benefit XRP, while acknowledging that fiat currencies or RLUSD may be more suitable for some transactions. In those cases, he argued, XRP capturing part of a transaction is preferable to capturing none. Garlinghouse described XRP as foundational to Ripple’s expanding blockchain infrastructure business and said he hopes it will become an institutional standard for crypto rails over the next five years. The comments came as Ripple announced institutional developments at its Swell event, including a strategic partnership with Robinhood, expanded support for XRP and RLUSD through BNY Mellon’s custody platform, and final regulatory approval for Ripple’s National Trust Bank. XRP was trading near $1.30 at the time of the article, down about 2% in 24 hours, nearly 4% over seven days, and almost 13% over a month. It was also down roughly 50% year over year. The announcements could support the long-term case for XRP adoption, but the price figures show continued near-term weakness.

The US Treasury has sanctioned 10 individuals and one entity over North Korean IT worker schemes that allegedly defrauded US companies and funded weapons programmes. The North Korean crypto network used money laundering and cryptocurrency transactions to move funds, Treasury said. Russian nationals Ilya Boykov and Vitold Obertas were accused of converting millions of dollars in crypto for North Korean groups. Treasury said Boykov handled the equivalent of $3.5 million in crypto since 2024, while Obertas converted nearly $2 million since January 2025. The sanctions list includes Ethereum and Tron addresses, with one Ethereum address linked to both men. Treasury also targeted a North Korean-controlled center in Vladivostok, Russia. It said six Russia-based North Korean IT workers generated more than $750,000 for the center since 2025. The North Korean crypto network forms part of broader efforts to use fraudulent IT employment to finance the country’s weapons programmes. The action adds to previous US sanctions and similar designations by Australia and the European Union.

The MIKA token plunged about 99% minutes after influencer Mika (@mikadontlouz) posted what traders identified as the developer wallet’s private key instead of the token’s contract address. On-chain data cited in the report shows roughly 500 million MIKA—about half the initial supply—was sold shortly after the post. The token’s market cap fell from around $1.6 million to about $85,500. Mika launched a second MIKA token later that afternoon. It briefly reached a market cap near $1.5 million before falling below $300,000 within an hour. The relaunch was reported to have one wallet holding about half the supply. Whether the key post was accidental or deliberate remains unproven; some traders also questioned whether the claimed $40,000 loss was genuine. The episode renews scrutiny of celebrity tokens, which often launch with concentrated ownership and limited liquidity. Similar sharp declines have hit tokens including LAPTOP, TRUMP, MELANIA, LIBRA, YZY, HAWK and MOTHER. The MIKA crash highlights the risks of thinly traded meme coins, concentrated token holdings and rapid post-launch selling.

HYPE, Hyperliquid’s native token, rose 10% after reports that Intercontinental Exchange (ICE), the owner of the New York Stock Exchange, plans to bring Hyperliquid futures to the US with Trade.xyz. The proposed market for perpetual futures would depend on regulatory approval. Hyperliquid’s perpetual-futures platform currently operates outside the US and is not officially available to US participants. The report has raised expectations of wider access and a more regulated route to trade products built on Hyperliquid. HYPE’s rally reflects increased market interest, but the plan has not been confirmed as operational. Traders will be watching for official details and regulatory developments; delays or a lack of approval could temper the reaction.

A StarkWare and Starknet Foundation-backed challenge has nearly halved the gas cost of verifying Falcon-512 post-quantum signatures on Starknet. The leading Cairo implementation uses about 25.9 million gas, down from OpenZeppelin’s 48.4 million gas baseline. At recent STRK prices, verification costs about $0.023, though the dollar figure changes with the token price. The contest recorded 434 successive Falcon-512 records. This is separate from a roughly $0.06 experimental mainnet transfer in July 2026, which measured a full transaction rather than verification alone. The results highlight progress on Starknet quantum-safe signatures, but contest optimizations are not necessarily audited or ready for production. Any verifier protecting funds would need thorough security review.

The crypto market roundup included a major US market development and mixed trading signals. Intercontinental Exchange (ICE) is partnering with Trade.xyz to bring perpetual futures to the US regulated market, potentially widening access to crypto derivatives. PREDICT’s Alpha token launch and trading are scheduled for 17:00 on October 30. On-chain activity showed selling pressure: a whale sold 694,300 HYPE worth $53.27 million over five days, while another sold 1.02 million SOL valued at $104 million over the same period. In contrast, a trader described as having a 100% win rate opened a 25x leveraged long position of 19,491 ETH, worth $45.34 million. Such high-leverage positioning can amplify volatility if prices move against the trade. In South Korea, the ruling party plans to discuss crypto taxation with the country’s five largest exchanges on Friday, with implementation reportedly proposed for 2029. Separately, UBS cut its 12-month KOSPI target from 8,000 to 7,500 points. Overall, the crypto market signals were mixed: regulated derivatives access could support long-term market development, while large HYPE and SOL sales may weigh on near-term sentiment.

Hyperliquid Strategies (PURR), a HYPE treasury company, has seen its market-to-net-asset-value ratio (mNAV) rise above 1 to about 1.011, putting its shares at an approximately 1.1% premium to net asset value. PURR traded at around $10.93, compared with net assets of about $10.81 per share, while HYPE was valued at roughly $85.96. HYPE also rose above $87 after ICE, the parent company of the New York Stock Exchange, said it plans to work with Trade.xyz to bring perpetual futures to the US regulated market. The renewed premium suggests improved investor sentiment towards PURR and its HYPE holdings, though the modest premium remains sensitive to changes in HYPE’s price and demand for the stock.

Big Tech AI spending is under scrutiny as investors demand clearer returns and stronger cash flow from the artificial intelligence boom. Alphabet shares fell 10% after a rare earnings miss. The company reported $51.4 billion in capital expenditure and a $9.1 billion free-cash-flow deficit, compared with a $24.5 billion surplus a year earlier. Microsoft is pursuing a large voluntary buyout programme to reduce its workforce and help fund AI investment. Oracle shares rose 10% after its Analyst Day, where it set out positive free-cash-flow targets, fundraising limits, a peak capital-expenditure timeline and a long-term revenue outlook. Meta’s planned $95 billion stock sale and an AI spending warning in Anthropic’s IPO filing have added to concerns about financing the sector’s expansion. The market is increasingly distinguishing between companies that spend too little on AI and those whose spending outpaces their ability to generate returns. Bitcoin was down 1.6% at $80,106 in the market snapshot, but the article does not report a direct link between crypto prices and the tech companies’ spending plans.

Predict.fun has disclosed the tokenomics for its PREDICT token, including a first-season airdrop of 70 million tokens. Eligible users must choose between claiming 35% immediately, with the remaining 65% forfeited, or vesting for 12 months to receive the full allocation. The choice comes as pre-market prices fell from a peak of $1.99 to about $1.35, still well above Binance Wallet’s $0.29 Prime Sale price. PREDICT has a fixed supply of 1 billion tokens, with 16% scheduled to unlock at launch. The allocation and vesting schedule have drawn criticism, including questions about roughly 3% of launch-period supply whose use is not clearly specified. A further 70–80 million tokens are expected to enter circulation around October 2027, when the first-season airdrop vesting period ends. Historical data point to potential pressure: Bitquery found that 35 of 46 tracked airdrop tokens traded below their first-week prices after a month, while Memento Research reported that 84.7% of tokens launched in 2025 were below their launch valuations by year-end. Predict.fun’s TVL has also fallen by about half, to roughly $10.17 million, despite rising fees. Traders will be watching whether the platform retains users and liquidity after the airdrop and whether claim-related selling weighs on PREDICT.

RWA tokenization represents claims on real-world assets—such as property, bonds, private credit and gold—as blockchain tokens. It can make ownership interests easier to divide and transfer, and may allow assets to interact with DeFi. However, RWA tokenization does not move the underlying asset on-chain or guarantee liquidity. The token’s value depends on the legal rights it represents, the custody and verification of the underlying asset, and the reliability of the issuer and related infrastructure. Key risks include custody and backing failures, regulatory uncertainty, limited market depth, smart-contract vulnerabilities and the asset’s own risks, such as borrower default. DeFi tools, including DEX aggregators such as 1inch, can route trades across available liquidity sources, but cannot create liquidity where trading activity is scarce.

US Treasury Secretary Scott Bessent said debt held by AI neocloud providers is not a critical threat, arguing that these specialist computing companies represent only a small part of the wider AI economy. He cited Meta’s equity financing as evidence that capital is still available across the sector. The comments come amid pressure on neocloud businesses. CoreWeave shares fell nearly 40% in October, while the Roundhill Neocloud ETF lost 24% over the past month. CoreWeave reported about $35 billion in debt as of June 30, 2026. Higher interest rates could make refinancing harder, particularly for speculative-grade borrowers. Elon Musk, by contrast, warned that more than 200 neocloud operators could face widespread failures and consolidation. For investors, the key questions are whether AI computing demand holds up and whether smaller providers can refinance. Bessent’s view frames AI neocloud debt as a sector-specific risk, not necessarily a threat to the broader AI economy.

Payward, Kraken’s parent company, plans to offer perpetual futures to US customers through a CFTC-regulated Hyperliquid HIP-3 deployment. The proposal is subject to regulatory approval and is not live; no production launch date has been announced. A test deployment was reported on Hyperliquid’s testnet, with the initial implementation still being tested as of October 26. Under the proposed arrangement, Payward subsidiary Bitnomial would create and administer the markets and handle clearing and settlement. NinjaTrader Clearing would carry customer accounts as a futures commission merchant. HIP-3’s optional on-chain allowlists could restrict access after identity checks, but these controls do not themselves constitute regulatory approval. Existing HIP-3 markets would remain unchanged. The plan combines Hyperliquid’s on-chain trading infrastructure with regulated market and account services. It contrasts with Lighter’s separate plan to seek CFTC designated contract market and derivatives clearing organization status in November 2026. The proposed US launch could offer a route for regulated on-chain derivatives, but its near-term impact on Hyperliquid remains uncertain until approvals and a live launch are confirmed.

predict.fun has launched a new leaderboard for Season 2, giving participants more opportunities to earn PREDICT rewards. Liquidity points (PP) can now be earned in two ways: resting limit orders are measured by how long they remain on the order book, while filled maker orders are measured by their trade value. The updated predict.fun rewards system may encourage both posted liquidity and executed trades.

The Cardano Foundation has joined Switzerland’s Capital Markets and Technology Association (CMTA), after the group recognised Cardano’s CIP-0113 standard as technically equivalent to its CMTAT framework for tokenised shares. The recognition means issuers can use CIP-0113’s programmable compliance features—including identity checks, transfer restrictions and transaction controls—for shares that may qualify for CMTA certification. It does not certify individual issuers or securities. CMTA’s decision covers equity securities only, excluding tokenised debt and Cardano’s underlying blockchain infrastructure. Issuers must still meet Swiss legal and technical requirements. Cardano launched CIP-0113 on mainnet on October 7. The Foundation says its spinout Veridian has used the standard to tokenise shares, but has not established that Veridian received CMTA certification. The move gives Cardano a route into Switzerland’s regulated tokenisation market, where Ethereum-based securities projects are already active and Securitize has announced plans to expand onto Stellar.

Bitcoin faces resistance near $85,000, where onchain data points to potential selling pressure. Glassnode says 864,520 BTC—about 4.3% of the total supply—last moved when Bitcoin traded between $84,000 and $85,000. Much of that activity was linked to one large holder moving coins between wallets, but the price range has repeatedly acted as both support and resistance over the past 11 months. Bitcoin has recorded only five daily closes above the $84,000–$85,000 band, and never more than three in a row. Glassnode says sustained daily closes above $85,000 could turn the zone back into support. The wider potential sell-side risk comes from long-term holders (LTHs), defined as entities holding coins for at least 155 days. They hold about four million BTC last moved between $85,000 and $118,000, mostly in 2025. Glassnode notes that more than half of those coins were acquired above Bitcoin’s current price, potentially giving some holders an incentive to sell if BTC recovers toward $85,000. The LTH spent output profit ratio is 0.99, indicating that moved coins are being spent at an aggregate loss.

Solana tokenized commodities reached a record supply of $63.2 million, surpassing the previous high of $50.5 million set in August 2026. Gold-backed tokens account for much of the market, while the newer silver token SILV has also attracted trading. Weekly trading volume peaked at $91.1 million, exceeding the total supply and pointing to active turnover. Raydium handled about 70% of Solana’s tokenized commodities volume in one reported week, highlighting liquidity concentration. Solana captured 28%–36% of spot DEX trading volume at points during the period, but Ethereum still holds about 95% of the overall tokenized commodities market. The figures cover different measures: trading volume versus total market share.

Five established memecoins enter November 2026 with different potential catalysts and risks. Dogecoin (DOGE), with a market value of about $12.2 billion on October 29, has added swaps and app access through the MyDoge V3 wallet update. DogeOS is still developing its Ethereum-compatible public testnet, so sustained user activity remains unproven. Shiba Inu (SHIB), valued at about $2.85 billion, has gained a trading route on Solana through Sunrise. The new access may attract traders, but liquidity, token redemption and progress on the Shibarium bridge recovery remain important considerations. Pepe (PEPE) recorded around $823 million in 24-hour trading volume, above Dogecoin’s roughly $472 million, despite a much smaller market value of about $2.07 billion. High turnover signals active trading, not necessarily lasting demand. Bonk (BONK), worth about $267 million, cites more than 1.1 million holders and over 400 ecosystem integrations. Regular product use and stronger treasury controls are key after a governance attack reportedly caused a roughly $20 million loss. Floki (FLOKI), valued at about $224 million, has a live Valhalla game; returning players and in-game spending will be more meaningful indicators than promotional activity alone. These memecoins have distinct product and trading catalysts, but none guarantees price gains. Bitcoin’s direction, interest-rate expectations, liquidity and risk appetite could affect all five. Traders should assess token demand and market depth, not just low unit prices or headline volume.

A crypto address with a reported 98% win rate across 42 BTC trades from 18 September to 29 October reduced its Bitcoin long exposure on 29 October. Between 04:01 and 08:55, it opened about $6.4 million in BTC longs and closed about $15.87 million. The address reduced its position by a net 116.48847 BTC and still held 106.17649 BTC, worth about $8.51 million. Its weighted average prices were about $81,204 for entries and $81,273 for exits. The trade shows a substantial reduction in one whale’s BTC exposure, but a single address’s activity does not establish a broader market trend.

Bermuda is partnering with WalletConnect to introduce cryptocurrency payments for local merchants, with the programme scheduled to launch in the second quarter of 2027. The rollout will begin on ticketing platform PTIX. Customers will pay directly from their crypto wallets to event organisers’ wallets, with funds expected to arrive within seconds. The initiative could offer a practical use case for crypto payments, although its initial reach will be limited to one platform.

Kraken now supports deposits and withdrawals of Global Dollar (USDG) on Arbitrum One. USDG is a US dollar-denominated stablecoin issued by Paxos and designed to be redeemable one-to-one for US dollars. On Arbitrum One, it is issued natively as an ERC-20 token, allowing direct settlement without a third-party bridge or the canonical bridge withdrawal delay. USDG trading was already available on Kraken; the update adds Arbitrum One as a funding network. Users must select Arbitrum One on both the sending platform and Kraken, as deposits sent over unsupported or mismatched networks may be lost. Geographic restrictions may apply.

Ethereum price fell about 2.1% to $2,318 on October 29, pressured by broad crypto-market weakness and continued withdrawals from U.S. spot Ethereum ETFs. The funds recorded $21.41 million in net outflows on October 28, their third consecutive day of withdrawals. BlackRock’s ETHA saw $44.83 million leave, partly offset by inflows into other funds. Combined outflows over the three sessions reached about $170.21 million. Ethereum price also faced selling from large holders: on-chain data cited by analyst Ali Martinez indicated that whale wallets shed around 160,000 ETH, worth more than $348 million. Exchange balances rose by about 100,000 ETH, a potential source of selling pressure, though the increase does not confirm that tokens were sold. Technically, ETH remained below its seven-day and 30-day moving averages, while the MACD stayed negative. Traders are watching support at $2,290–$2,300; a sustained break could expose $2,200 and $2,100. A recovery above $2,400 may improve the outlook, with $2,550 identified as a further resistance level. Separately, Ethereum developers postponed the Hoodi testnet activation for the Glamsterdam upgrade while reviewing compatibility issues; no new date or mainnet schedule was announced.

Euro stablecoins account for only a small fraction of the stablecoin market, where about 99.5% of supply is denominated in US dollars. The article argues that Europe’s regulatory clarity under MiCA has not translated into adoption: euro tokens remain fragmented across blockchain platforms, and thin trading markets make them harder to use than dollar stablecoins. The stakes are rising as stablecoin payments in Europe reached an estimated $50 billion annually by late 2025, while 58% of surveyed global corporations said they plan to adopt stablecoins within two years. The article also highlights risks from reliance on dollar-based settlement, including exposure to US sanctions and currency-conversion costs. It proposes pooling euro liquidity across different blockchains through synchronous composability enabled by zero-knowledge proofs, without relying on third-party bridges or wrapped tokens. Monerium’s EURe is already live, and Qivalis plans to issue a regulated euro stablecoin on Ethereum. The Ethereum Economic Zone (EEZ), with Gnosis Chain expected to join first, aims to connect liquidity while allowing platforms to retain their own rules. The article’s central argument is that deeper, shared markets could help euro stablecoins gain practical use in payments, settlement and collateral.

Two accounts on Hyperliquid placed more than $170 million in unusual oil orders between 8 and 10 March, earning about $119,000 after fees, according to on-chain analysis cited in the article. Solidus Labs said the activity showed characteristics of spoofing: large sell orders were repeatedly placed and cancelled while the accounts bought oil contracts on the other side. For every $1 that traded, around $30 in orders were reportedly cancelled. The activity drew attention to spoofing risks on Hyperliquid, but the article argues that the practice is not unique to decentralised exchanges. Similar order-book manipulation has been monitored on centralised exchanges, including Kraken. Hyperliquid’s public order and cancellation data made it possible for researchers to link the activity to specific accounts; comparable scrutiny is harder when centralised platforms provide only aggregated market-depth data. The case highlights the risks of relying on visible order-book walls and raises broader questions about exchange surveillance, transparency and consistent enforcement. It does not, by itself, establish that Hyperliquid is more vulnerable to spoofing than other platforms.

Zcash is debating whether to end the 8% block-reward allocation to Zcash Community Grants (ZCG), as the fund’s treasury has grown to an estimated $125 million, including assets after outstanding commitments. Co-founder Sean Bowe argues the fund can cover years of spending and has proposed redirecting future allocations to the Network Sustainability Mechanism. ZCG would keep its existing assets and grant-approval authority, while a separate 12% funding program would remain unchanged. The proposal has not been adopted. Other ideas include phasing out the allocation, abolishing the fund or moving surplus assets to a community pool. The debate follows criticism of a ZCG-funded outreach project, though Bowe’s draft does not address that controversy. For ZEC traders, this is a governance and funding debate rather than an immediate change to the issuance schedule or a clear market catalyst. Its eventual effect on developer funding and tokenomics remains uncertain.

Bitcoin struggled to hold $80,000 after volatile trading around the Federal Reserve’s decision to keep interest rates unchanged. BTC briefly rose to $81,800 after the announcement, then fell to $79,600 and remained near $80,000. The article says Fed Chair Warsh did not rule out another rate increase in December, adding to uncertainty around the Bitcoin price outlook. Altcoins also fell as the broader crypto market weakened. Ethereum dropped 2.14% to $2,320, XRP fell 3% to below $1.30, and SOL returned to $100. NEAR and BCH led losses, each down about 8%, while BTW rose 8% to nearly $1.90. The total crypto market cap declined 1.5% to $2.68 trillion, while Bitcoin dominance stood at 60%.

OKXICE’s tokenization plan has faced growing resistance: 33 of the 63 companies whose shares it proposed to tokenize had opted out by October 27, up from 22 on October 23. The list includes Adobe, AMD, IBM, Intel, Oracle, JPMorgan and Coca-Cola. Companies have not explained their decisions, but uncertainty around round-the-clock trading may be a concern. The SEC’s 30-day opt-out window still had about a week to run when the figures were reported. The objections challenge OKXICE’s proposed tokenized securities venue, but may not halt the wider move to put traditional assets on blockchain. Robinhood added eight tokenized stocks for international customers, while CEO Vlad Tenev said U.S. availability depends on regulatory clarity. Separately, DTCC’s Tokenization Service launched with 34 securities available and 20 clients, including JPMorgan and Citadel. The developments highlight both issuer concerns and growing institutional infrastructure for tokenization.

Bermuda has selected WalletConnect to enable crypto payments for Premier Tickets (PTIX), its first merchant in a planned onchain economy. The ticketing platform is expected to begin accepting payments in the second quarter of 2027, using Stellar as the settlement network and WalletConnect Pay as the checkout layer. The initiative follows Bermuda’s selection of Stellar in May 2026 and WalletConnect Pay’s addition of Stellar merchant support in September. Bermuda crypto payments are intended to help local businesses reduce reliance on card processing, which can cost merchants 3% to 5%, and in some cases as much as 10%. The fees PTIX will pay and expected savings have not been disclosed. Bermuda’s broader plan includes moving digital asset activity, wages and government fees onchain. The PTIX rollout is an initial test, and the number of merchants that may follow remains unclear. For traders, the announcement is a potential real-world adoption milestone for Stellar, but it provides no transaction-volume or revenue data yet. Bermuda crypto payments are therefore more relevant as a long-term adoption signal than as an immediate trading catalyst.

CoinDCX confirmed a 15.99 million USDT loss after funds were drained from deprecated TRON wallets on Oct. 21. The exchange said the affected wallet infrastructure had been compromised in a 2025 security incident and later retired. An automated deposit-sweeping service had failed, leaving customer deposits in the old wallets even as CoinDCX credited customers’ accounts. The company says it absorbed the loss and that customer balances, active wallets, trading and withdrawals were unaffected. Blockchain analytics firm Bitquery traced activity across 40 CoinDCX-linked wallets, reporting that about 15.82 million USDT came from a single address. Roughly 9.63 million USDT later reached addresses associated with other exchanges, while Tether reportedly froze about 2.21 million USDT across nine wallets. CoinDCX initially described the activity as a false alarm before confirming the loss. It has not disclosed why the sweeping service failed or confirmed recovery of the frozen funds. Traders will be watching for further details on the incident and evidence that CoinDCX can maintain custody and meet withdrawals.