Crypto News

Bitcoin fell nearly 4% in 24 hours on Thursday, reaching $81,331 and giving back gains made earlier in the week. The decline followed a surge in oil prices above $110 a barrel, driven by fears of supply disruptions and a wider Middle East conflict after attacks by Yemen’s Houthis on Saudi Arabia. Higher oil prices have revived inflation concerns and bets on potential US interest-rate hikes. Tighter monetary policy can reduce liquidity and weigh on Bitcoin and other risk assets, which have often moved in tandem with technology stocks. US equities also fell on Thursday. Despite the pullback, Bitcoin recently had its strongest quarter in years and has traded above its 365-day moving average, which some analysts view as a sign of a bull market. The immediate direction of Bitcoin may remain sensitive to oil prices, inflation data and geopolitical developments.

EVEDEX’s proposed EVE token design reflects a broader shift among decentralised perpetuals exchanges: away from short-lived airdrop incentives and towards mechanisms intended to retain users and align rewards with protocol activity. The article highlights three features: staked EVE converts one-to-one into non-transferable stEVE for DAO voting; unstaking is available continuously over a year, with an early-exit penalty that declines from up to 50% to zero; and staking rewards are linked to protocol fee revenue rather than a fixed emissions-funded APY. The shift comes as on-chain perpetual trading grows. The article cites CoinGecko research showing its share of total perpetuals volume rose from about 2% in January 2024 to more than 10% by early 2026, while monthly volumes topped $1 trillion. It also says centralised exchanges’ share of open interest fell from 96.4% in early 2025 to 86.5% by April 2026. The EVEDEX token plan has a fixed supply of 100 million EVE. The article notes that 6% is allocated retroactively to early users, compared with larger allocations for the treasury and DAO (31%), team (18%) and partnerships (15%). The token generation event is expected around six to 18 months after mainnet launch; team and investor unlock details remain important unknowns. The proposed design may encourage longer-term participation, but its effectiveness will depend on exchange revenue, token distribution and market conditions.

Robinhood Chain’s total value locked (TVL) reached $1.14 billion as Robinhood Crypto confirmed eligible holders can use Stock Tokens as collateral to borrow stablecoins through Morpho. The move adds a new lending use case for Robinhood Stock Tokens and may bring more borrowing activity to Robinhood Chain. DefiLlama lists $1.079 billion in stablecoins on the network, with USDG accounting for 65.67%. These figures are separate from TVL. Morpho’s Robinhood Chain deployment shows about $1.10 billion in deposits, $484.3 million in outstanding loans and $606.9 million in TVL across all collateral types. Stock-token markets include NVDA, GOOGL and AAPL collateral, each with a 62.5% liquidation threshold. Robinhood says Stock Token price feeds update 24/5, while onchain trading may continue outside tokenization hours. Morpho liquidations depend on oracle prices and each market’s loan-to-value threshold, so price-feed timing and market liquidity are relevant risks for borrowers. Robinhood’s disclosures also exclude US persons from Stock Tokens, alongside restrictions in several other jurisdictions.

The meme coin market was valued at about $29.7 billion on Oct. 22, 2026, down from $35.1 billion on Oct. 6, according to figures cited in the article. Dogecoin, Shiba Inu and Pepe account for more than half of the sector, while data from Bitquery shows that 79% of tracked Pump.fun tokens traded only on their launch day. The comparison covers established meme coins and newer projects. Dogecoin remains the largest, with a market cap of about $12.4 billion, but its DogeOS platform is still in testnet and its ETF was set to close. Shiba Inu is valued at about $3 billion, with an unresolved liability related to a Shibarium bridge incident. Pepe’s roughly $1.9 billion market cap and high trading turnover reflect its sensitivity to market attention. Bonk, Pump.fun’s PUMP token and Pudgy Penguins’ PENGU offer exposure to Solana communities, token launches and a consumer brand, respectively, but each has distinct risks. MemeToro (MT) is an AI memecoin launchpad in presale on BNB Chain. Its contracts are being tested, while its AI agent is not yet live; the article says there has been no end-to-end live launch. The report advises traders to check token supply, ownership concentration, contract controls, audits and liquidity. It also stresses that presales and meme coins can lose their entire value.

Anthropic is expected to go public next month, potentially in what could become the largest IPO ever. Its cap table reflects years of venture capital firms passing on the AI company because of its unusual structure and emphasis on safety over commercial growth. According to investor documents and sources cited in the report, no venture firm owns more than 2% of Anthropic. The company reportedly sought to limit any single investor’s influence. Iconiq, Menlo Ventures and Lightspeed are expected to be among the biggest venture winners, despite their relatively small stakes. The Anthropic IPO story highlights how late-stage investors arrived after the company had already gained momentum.

Aero says it aims to become a leading onchain spot exchange for tokenized stocks and other assets. The platform launched across seven networks on Oct. 21, bringing Aerodrome and Velodrome under one exchange and a unified AERO token. The networks are Ethereum, Base, OP Mainnet, Arbitrum, Arc, Ink and Robinhood Chain. Dromos Labs CEO Alex Cutler said Aerodrome captured 55% of tokenized-stock trading volume across Ethereum and its layer-2 networks, citing Blockworks data. That was up from about 2% in early September. Aero says the seven networks collectively handle around $120 billion in monthly DEX volume, while Aerodrome and Velodrome have distributed $578 million in revenue and incentives to tokenholders. Aero’s model lets staked AERO holders direct liquidity incentives to markets they expect to generate fees. The exchange says all revenue at launch will go to staked AERO holders, and it launched without venture funding or a token sale. Cutler aims to at least double Aero’s share of onchain spot trading volume by year-end. The launch expands competition for liquidity as tokenized assets and round-the-clock onchain trading grow.

Robinhood stock tokens are now accepted as collateral on Morpho lending markets on Robinhood Chain. Eligible non-US users can borrow USDG, a dollar-pegged stablecoin, against tokenized NVDA, SPCX and SPY without selling their positions. Robinhood stock tokens provide economic exposure but do not confer direct ownership or voting rights. The launch markets set liquidation loan-to-value thresholds of 62.5% for NVDA and SPCX, and 77% for SPY. If a borrower’s debt reaches the relevant threshold relative to collateral value, the position may be liquidated. Access is restricted to non-US users and jurisdictions. The move extends Robinhood and Morpho’s partnership, which began supporting Robinhood Earn in July 2026. Robinhood Chain launched its mainnet on 1 July and had recorded about $15 billion in cumulative stock-token trading volume and roughly 200,000 holders by October. The new lending option gives token holders liquidity without selling, but adds leverage and liquidation risk.

Three AI chatbots offered sharply different predictions for Ethereum (ETH) after the US midterm elections scheduled for November 3. ChatGPT said ETH could fall initially and then recover, while cautioning that price moves after the previous two midterms happened during broader crypto bear markets and do not establish a reliable pattern. It also said election results may matter less than inflation, interest rates and institutional demand. Perplexity warned that the vote could trigger fast, liquidation-driven volatility in ETH, Bitcoin (BTC) and altcoins, particularly where leveraged positions are crowded. Google’s Gemini was more bullish, projecting ETH could reach about $3,200 a month after the election and potentially $4,000 within 90 days. It also forecast a possible $5,200–$6,000 or higher in 12–18 months, citing regulatory clarity and spot ETF inflows. These are chatbot-generated forecasts, not confirmed market expectations. Traders may want to monitor election outcomes alongside macroeconomic data, ETF flows and leverage conditions.

Several US stock-linked contracts fell over the past 24 hours, according to data from MSX.COM. USDEX dropped 16.9% to 9.9 USDT, while COHR fell 11.9% to 207.73 USDT. The declines point to selling pressure in these US stock-linked contracts, but the report provides no broader market data or explanation for the moves.

ether.fi said it was unaffected by several security incidents reported across the industry over the past 24 hours, including one involving Railway. The ether.fi platform’s systems are operating normally, and the company said user funds were not affected. The announcement offers reassurance to ether.fi users but does not provide further details about the incidents.

Kraken says funding and trading for NEXO are live as of October 22, 2026. The listing gives traders another venue to buy and sell the NEXO token, which is used on the Nexo digital-asset platform for loyalty benefits and as collateral for crypto-backed credit lines. Kraken App and Instant Buy access will follow once liquidity is sufficient. Geographic restrictions may apply, and deposits must use networks supported by Kraken.

Zero Industries, a space-power startup led by 16-year-old CEO Kai Sugihara, has raised $3 million in pre-seed funding. The round was led by the Maezawa Fund, with several other investors participating. The company says the funding will support its Helios service, which aims to beam power to satellites using lasers. Zero Industries plans to develop a power-transmitting satellite, receiver modules for customer spacecraft and a system to coordinate delivery. The service could help satellites maintain power in Earth’s shadow while reducing the weight of onboard solar panels and batteries. Its proposed customers include Earth-observation satellites, orbital transport vehicles and in-space servicing spacecraft, with space data centres as a longer-term market. Zero Industries plans ground tests in 2026–27, followed by the design of an orbital demonstration system. It is targeting its first satellite-to-satellite power demonstration in 2030. The technology has not yet been proven in orbit, and transmission efficiency, safety and cost remain key challenges. The funding reflects investor interest in the energy infrastructure needed for space computing, but has no immediate, direct effect on cryptocurrency markets.

Grayscale research head Zach Pandl has proposed a framework for valuing DeFi tokens using cash flows and earnings. The rankings compare tokenholder yield—staking rewards and buybacks, minus new token issuance—with adjusted earnings yield, which measures protocol earnings after supply inflation. HYPE leads the tokenholder yield ranking at 8.0%, followed by LIT at 7.9%. CAKE tops adjusted earnings yield at 14.4%, with LIT at 14.1% and HYPE at 9.8%. Five tokens in the top ten for holder yield have negative readings: RAY, PENDLE, AAVE, JUP and CRV. Their new issuance outweighs buybacks and distributions; this does not necessarily mean their protocols are unprofitable. AAVE, for example, has a positive adjusted earnings yield of 3.7%. The Grayscale DeFi token yield rankings could help traders compare protocol profitability with the value actually returned to tokenholders. The figures are illustrative, based on market data through 20 October and trailing 12-month financial performance through the third quarter of 2026. Grayscale cautions that the rankings are not investment advice.

Worldcoin (WLD) fell 6.61% in 24 hours to about $0.5455 on October 22, giving back part of a 21% weekly rally. Trading volume dropped around 38.5%, suggesting the recovery had lost momentum. Worldcoin’s market capitalisation was about $2.08 billion. Traders are watching support near $0.50. A sustained move below $0.54 could put that level at risk; a decisive break below $0.50 may expose $0.45. On the upside, resistance sits near $0.596 and $0.624. A daily close above $0.60, backed by stronger volume, could support a recovery towards $0.62–$0.66. Token supply remains a risk factor. One tracker lists about 100.1 million WLD, valued at roughly $59 million at its reference price, in an October 24 vesting event. Trackers differ in how they classify releases, and scheduled vesting does not mean recipients will sell. Corporate holdings and interest in World ID also do not guarantee fresh demand for WLD. The token’s near-term direction will depend on whether buyers defend support and trading activity returns.

U.S. mortgage rates edged lower for the first time in more than two months, but housing demand continued to weaken. The average 30-year fixed mortgage rate fell to 7.41% for the week ending October 16, from 7.50%. Despite the decline, home purchase applications dropped 7% week over week and 18% year over year, while total mortgage applications fell 5.3%, according to the Mortgage Bankers Association. Refinancing applications declined 2% on the week and remained 59% below a year earlier. MBA Deputy Chief Economist Joel Kan said lower mortgage rates were not enough to lift purchase or refinancing activity. Other rates also eased: the 15-year fixed rate fell to 6.73%, and the average 5/1 adjustable-rate mortgage rate was 6.46%. The figures point to persistent affordability pressures and weak housing demand. Investors are watching the Federal Reserve’s October 27–28 meeting for signals on how long interest rates may stay elevated, a factor that can affect Treasury yields and mortgage rates.

Thomson Reuters acquired Safe Sign Technologies in August 2024, even though the legal AI startup had no paying customers or revenue. Founded in 2022 by lawyer-in-training Alexander Kardos-Nyheim, Safe Sign developed AI models for legal reasoning with researchers from institutions including Cambridge, Harvard and MIT, and Google DeepMind. The acquisition gave Thomson Reuters a specialist AI research team and technology as it expanded its CoCounsel services and sought greater control over the models behind its professional tools. Safe Sign’s work later contributed to Thomson, a proprietary model introduced in 2026 for legal and tax research. Thomson Reuters said developing Thomson required about $40 million in training and related investment; that figure is separate from the undisclosed Safe Sign acquisition price. The deal shows how legal AI expertise, intellectual property and research talent can attract buyers before a startup generates revenue.

Archax has adopted Chainlink Data Streams to provide pricing information for GOVY, its tokenised US Treasury product. The Chainlink data feed is intended to support potential on-chain uses, including lending, treasury management and other collateral applications. GOVY provides exposure to short-dated US Treasury bills held in regulated custody. Archax says the product supports transfers between approved wallets and subscriptions or redemptions using eligible stablecoins. Reliable pricing could help make tokenised Treasuries usable as collateral in programmable financial markets. The adoption does not remove custody, liquidity, credit or operational risks, and any DeFi integration would still require approval from individual markets. The move is a step towards using tokenised Treasuries as working on-chain collateral.

NEXO Token is now trading on Kraken and Kraken Pro, expanding access to the token beyond Nexo’s own platform. The listing went live at 15:00 UTC on Thursday, with NEXO/USD, NEXO/USDT and NEXO/USDC pairs available. Nexo Chief Product Officer Yasen Yankov said the listing adds an established venue for retail and professional traders. The NEXO Token, launched in 2018, is used in Nexo’s loyalty programme, where holders can qualify for benefits such as lower crypto-backed loan rates and fee-free transfers. The Kraken listing may broaden NEXO’s visibility and trading access. Its effect on liquidity and price will depend on trading volume and order-book depth; a new listing does not guarantee sustained demand or price gains.

Stablecoin adoption among companies is growing as blockchain payments move from trials into business operations, according to EY-Parthenon’s 2026 Blockchain Payments Survey of 521 corporate and financial-sector decision-makers. The survey found that 18% of corporates use stablecoins in production, twice the share reported in 2025. Another 15% have adopted tokenized deposits. Among financial institutions, 69% already offer stablecoin services or plan to do so within two years, up from 30% in 2025. Cross-border business payments are a leading use case. Respondents cited slow settlement, foreign-exchange costs and compliance delays as key problems blockchain payment rails could address. Many organizations expect stablecoins and tokenized deposits to coexist: 45% of interested corporates and 53% of interested financial institutions favor using both. Integration may determine which services scale. Three-quarters of corporates said connections to existing business, treasury and banking systems are very important or critical; 63% said they would likely adopt blockchain payments offered by their existing bank or payment provider. Programmable payments are another potential growth area, with 54% of financial institutions offering or planning such services within two years. For crypto markets, the findings signal expanding institutional interest in stablecoins and blockchain-based settlement, but do not point to an immediate change in token prices or trading flows.

SpaceX Super Intelligence (SpaceXSI) has launched the Grok Partner Network to support businesses building products and services on Grok. The network has two tracks: Transformation Partners help enterprises deploy Grok across their operations, while Marketplace Partners build plugins and integrations for existing business tools. More than 130 companies, from startups to Fortune 20 firms, took part in the early-access phase. More than 30 organizations are also training engineers through a related accreditation programme. The launch follows xAI’s integration into SpaceX in February 2026. SpaceXSI has since updated Grok, including the release of Grok 4.7, and acquired AI coding startup Cursor for $60 billion. The Grok Partner Network signals a push to expand enterprise adoption and integrations, but the article does not identify any direct cryptocurrency product or market impact.

Israeli security firm Lava says it identified 32 Nvidia Blackwell Ultra B300 chips linked to IP addresses associated with China Telecom, a state-owned Chinese carrier. US export controls prohibit sales of these advanced AI chips to China. The finding, first reported by The Information, came from publicly exposed Nvidia DCGM Exporter monitoring tools—not a raid or customs seizure. Lava’s evidence shows a network association, but does not confirm who owns the Nvidia chips or where they are physically located. The company previously found about 2,100 exposed monitoring hosts worldwide and flagged a high-severity vulnerability, CVE-2026-47483, that could allow remote disruption of AI infrastructure. The report highlights challenges in enforcing chip export controls and securing data-centre systems. Lava’s findings do not indicate that Nvidia directly sold the chips to China.

The Stacks Foundation has refreshed all three Stacks Consideration Advisory Boards (CABs), which review Stacks Improvement Proposals (SIPs) before community votes. The Economics CAB covers STX supply, rewards and incentives; the Governance CAB reviews decision-making rules; and the Technical CAB assesses protocol and software changes. The refreshed boards include new members and returning contributors. Xan Ditkoff becomes Economics CAB chair, while Zero takes over as Governance CAB chair. Jesse Wiley remains Technical CAB chair, and six of its seven members are returning. The Foundation also thanked departing members, including former Economics CAB chair Matt O’Connor and Governance CAB chair Jason Schrader. CABs do not decide protocol changes. They provide analysis and recommendations to help STX holders make informed choices. The Foundation says new members were selected through nominations and votes by the relevant CABs, with the Foundation facilitating but not voting. Updated rosters are published on GitHub and the SIP Tracker, and the boards will begin reviewing upcoming proposals in the coming weeks.

Blackstone President Jon Gray rejected claims that artificial intelligence is in a bubble, saying demand is growing so quickly that the industry is struggling to keep pace. He said the current AI build-out differs from the 1990s telecom bubble, when companies built capacity ahead of expected demand. Gray cited Ode, an AI consulting firm established by Blackstone and Anthropic, where customer demand is already outstripping capacity. His comments add to debate over AI investment and whether rapid infrastructure spending is supported by real demand.

A wallet moved 3,000 ETH to crypto exchange Kraken after remaining dormant for nine and a half years, according to on-chain analyst Ember. The ETH was originally withdrawn from Gemini in 2017, when it was worth about $56,000 at a price of $19 per coin. At the time of the transfer, the holdings were valued at approximately $7.23 million—about 128 times their original value. The ETH deposit could signal a possible sale, but a transfer to an exchange does not confirm that the holder has sold.

Corelogix plans to expand the Helium Network along Main Street in Ellicott City, Maryland, where hills and trees have contributed to poor mobile coverage. The project, led by Corelogix founder Corey Freeburger, is set to begin with four internet-connected anchor buildings. Wireless bridges would carry connectivity to nearby properties, avoiding the need for a separate internet connection at each site. Participating businesses are also expected to receive managed guest Wi-Fi. Eligible phones on participating carriers could automatically connect through Helium’s carrier offload service. The plan aims to improve coverage across the historic district, although full Main Street coverage remains a goal rather than a completed deployment. Helium said its network had more than 45,000 locations and served over 1.4 million people daily as of October 2026. The local expansion highlights Helium’s use of shared Wi-Fi infrastructure to address coverage gaps, but the announcement does not specify a deployment timetable or a direct effect on HNT token demand.

Google Gemini outlined a highly speculative scenario in which Sui (SUI) could reach $25–$45 by January 1, 2027, with a stretch target above $70. The scenario assumes major gaming studios, social platforms and consumer technology companies adopt Sui for mass-market applications—a hypothetical catalyst the article says is highly unlikely, not a confirmed development or base-case forecast. The article says SUI has been consolidating around $0.98–$1.05, with resistance at $1.10–$1.20 and support near $0.95–$0.98 and $0.85–$0.90. It identifies a sustained move above $1.50–$2.00 as a sign of stronger intermediate-term momentum, while noting that a broader crypto bull market and improved global conditions would also be needed for the extreme price targets. The forecast is speculative and should not be treated as investment advice.

Binance founder Changpeng Zhao (CZ) said no crypto wallet, software or technology is 100% secure, urging users to keep systems updated and manage risk. His warning came amid a series of security incidents affecting crypto-related infrastructure. A critical PHP vulnerability was reported to affect an estimated 70% of websites. Binance said it had deployed preventive measures and completed necessary fixes, while Trust Wallet said its app and core infrastructure do not rely on PHP and were unaffected. Cloud deployment platform Railway disclosed that an unauthorised party may have accessed and decrypted some customer environment variables, which can contain API keys and database credentials. Crypto platform Grailcart reported about $1.2 million was transferred from its hot wallet, but said a link to the Railway breach has not been confirmed. Separately, Polkadot warned that the third-party Fearless Wallet browser extension had exposed users’ private keys since February 2025. The incidents highlight supply-chain risks beyond wallet software itself. Traders and teams should rotate exposed credentials, update software, protect seed phrases and keep large holdings separate from hot wallets.

OpenAI has released php2shell-checker, an open-source tool for checking whether PHP installations may be affected by two critical vulnerabilities, CVE-2026-109618 and CVE-2026-109619. The flaws could allow unauthenticated attackers to run code on a server through specially crafted HTTP requests. The php2shell-checker can run as Codex skills or through a Node.js command. Its URL check sends only a HEAD request and reads server headers; it does not send exploit code. Results are labelled OK, VULNERABLE or UNKNOWN, with JSON output available for automated scans. OpenAI warns that OK is based on version numbers and does not independently verify that a fix is effective. Hidden headers and Linux security backports can also produce UNKNOWN, which does not mean a system is patched. Administrators should verify their PHP version against official security guidance and upgrade to a fixed release. CISA listed PHP 8.5.12, 8.4.27, 8.3.36 and 8.2.35 as patched versions. The issue matters to crypto businesses because many websites use PHP, including platforms that may host exchange or project pages. A compromised site could be used for phishing or to alter wallet addresses. The checker helps with initial inventory, but does not replace patching or web application firewall protection.

Gold prices fell 1.4% to $4,084.25 an ounce on October 22, a more than two-month low, despite strong estimated central bank demand. Goldman Sachs estimates central banks bought 79 tonnes of gold in August, up from 44 tonnes in July and about 4.6 times the pre-2022 monthly average. China was the largest identifiable buyer, with an estimated 25 tonnes. The World Gold Council reported a lower 39 tonnes in net purchases, reflecting differences in how disclosed purchases and estimated official-sector activity are measured. Rising oil prices have strengthened expectations that the Federal Reserve may keep interest rates elevated to contain inflation. Higher rates can weigh on gold, which pays no interest, and may also pressure risk-sensitive markets. Traders are watching the Fed’s October 27–28 meeting for clues on the rate outlook. Gold’s near-term technical support is around $4,073, with resistance near $4,135. Goldman Sachs maintains a year-end forecast of $4,900, citing central bank buying and potential investor demand, but the article notes that long-term purchases do not guarantee an immediate price recovery. For crypto traders, the key signal is the rate and inflation outlook: tighter policy may dampen appetite for speculative assets, while persistent reserve diversification could support longer-term demand for alternative stores of value.