Cointelegraph.com
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Cointelegraph.com - 23:34 Oct 14, 2025
An oracle vulnerability on Binance contributed to Friday’s market crash, which clocked in as the largest liquidation event in history at $19 B. In this article, Cointelegraph Research analyses newly released forensic orderbook data from the crash. The recent crash on Oct. 10 was the largest liquidation event in the crypto market’s history. More than $19 B was liquidated, according to CoinGlass data, leading to a $65 B decline in open interest. This number dwarfs other memorable liquidation cascades such as the COVID-19 crash with $1.2 B, or even the FTX collapse at $1.6 B in liquidations. In the aftermath, consensus among investigators emerged that the event was at least partially caused by vulnerable pricing oracles on the Binance exchange. The collateral value of three pegged crypto tokens, namely USDE, bnSOL and wBETH, was determined from Binance’s internal orderbook data instead of an external oracle. This puts users of the “Unified Accounts” feature at risk of liquidation during market irregularities. I... -
Cointelegraph.com - 23:32 Oct 14, 2025
Japan is set to amend its rules, which would empower its securities regulator to investigate and punish those involved in crypto-related insider trading. Japan’s securities regulator is reportedly set to introduce regulations to ban and punish crypto insider trading, bringing it more in line with how the country handles stock trading. Japan’s Securities and Exchange Surveillance Commission would be authorized to investigate suspicious trading activity and hit violators with fines based on how much they profited from insider trading, Nikkei Asia reported on Tuesday. The securities regulator would also make criminal referrals in more serious cases. Read more -
Cointelegraph.com - 22:23 Oct 14, 2025
Binance and BNB Chain have pledged a total of $728 million in support for traders following the sell-off, but the exchange maintains it is not responsible for users’ losses. Binance is launching a $400 million relief program for traders affected by losses across its ecosystem during Friday’s crypto sell-off, despite saying it does not accept liability for user losses. According to a Tuesday post by the exchange, the initiative will distribute $300 million worth of token vouchers, ranging in value from $4 to $6,000, to eligible users. To qualify, traders must have incurred forced liquidations on futures or margin positions between Oct. 10, 2025, 00:00 UTC and Oct. 11, 2025, 23:59 UTC. Users must have lost at least $50 in crypto, and those losses must account for at least 30% of their total net assets, based on a snapshot taken on Oct. 9, 2025, at 23:59 UTC. The distribution is expected to be completed within 96 hours. Read more -
Cointelegraph.com - 22:15 Oct 14, 2025
The bill, if passed, would codify US President Donald Trump's executive order allowing retirement plans to include "alternative assets," including cryptocurrencies. A lawmaker in the US House of Representatives has reportedly introduced a bill that would codify — make into law — an executive order by President Donald Trump allowing alternative assets such as cryptocurrencies to be included in 401(k) retirement accounts. Republican Representative Troy Downing introduced a draft bill in the House Financial Services Committee that would give Executive Order 14330 the force of law, Politico reported on Tuesday. The order, which Trump issued on Aug. 7, says every American preparing for retirement should have access to funds that include “alternative assets” when deemed appropriate by a plan fiduciary. Read more -
Cointelegraph.com - 21:18 Oct 14, 2025
Brazil’s BRLV stablecoin gives institutions a compliant way to access the country’s high bond yields amid growing global demand for real-world assets. Crown, a São Paulo-based fintech company, has raised $8.1 million to launch a Brazilian real–denominated stablecoin designed to give institutional investors access to Brazil’s high-yield fixed-income market. The new stablecoin, called BRLV, could make it easier for global investors to tap the country’s double-digit interest rates, which are often difficult to reach due to local regulations and capital controls. BRLV is fully backed by Brazilian government bonds, which offer yields far higher than those in more mature economies. Read more -
Cointelegraph.com - 21:15 Oct 14, 2025
Retail traders and institutions are accumulating SOL below $200, as whale activity rises and ETF anticipation fuels hopes of a renewed bullish phase. Key takeaways: 76% of retail traders are net long on Solana, a historically bullish signal. Treasury firms and institutions are accumulating SOL below $200. Read more -
Cointelegraph.com - 20:00 Oct 14, 2025
Despite SOL’s rebound above $200, Solana faces slowing network activity and stronger rivals like BNB Chain and Hyperliquid. Is $300 before year-end possible? Key takeaways: SOL recovered above $200, but weak onchain activity and rising competition limit the odds of a sustainable rally. Traders show little bearish conviction, yet stagnant network growth and shifting market share keep SOL’s upside capped. Read more -
Cointelegraph.com - 19:32 Oct 14, 2025
The executive order creating the Office of Digital Assets and Blockchain Technology under the New York City government came three months before Eric Adams will leave office. New York City Mayor Eric Adams announced the establishment of a municipal digital assets and blockchain office in a bid to cement his crypto agenda in the final months of his term. In a Tuesday notice from the mayor’s office, Adams said he had used an executive order under his authority to create the Office of Digital Assets and Blockchain Technology. Moises Rendon, who has worked as a digital assets and blockchain policy adviser for New York City since April 2024, will head the newly established office. “Our city has always been the center of innovation, and we’re embracing the technologies of tomorrow today,” said Adams. “The age of digital assets is here, and with it comes the chance to grow our economy, attract world-class talent, expand opportunities for underbanked communities, and make government more user-friendly.” Read more -
Cointelegraph.com - 19:09 Oct 14, 2025
Tether’s $299.5 million Celsius settlement could ignite a debate over stablecoin accountability and the legal risks facing issuers in future crypto bankruptcies. Stablecoin issuer Tether has agreed to pay $299.5 million to the Celsius Network bankruptcy estate, resolving claims tied to the crypto lender’s 2022 collapse and potentially opening a new chapter in the debate over stablecoin liability. The Blockchain Recovery Investment Consortium (BRIC) — a joint venture between asset manager VanEck and GXD Labs, an affiliate of Atlas Grove Partners — announced the settlement on Tuesday. The recovery concludes a years-long dispute over Bitcoin (BTC) collateral transfers and liquidations that preceded Celsius’s high-profile bankruptcy in July 2022. BRIC was formed in early 2023 to help maximize creditor recoveries from bankrupt digital-asset platforms. It was appointed asset recovery manager and litigation administrator by the Celsius Debtors and the Unsecured Creditors’ Committee in January 2024, after the company... -
Cointelegraph.com - 18:51 Oct 14, 2025
The US government said it would pursue forfeiture of the Bitcoin holdings tied to a Cambodia-based company if the alleged ringleader were convicted. A US federal court has unsealed a criminal indictment involving a massive cryptocurrency fraud scheme that could result in the government increasing its national Bitcoin reserves by $14 billion. In a Tuesday notice from the US Justice Department, authorities said they had filed a forfeiture complaint against 127,271 Bitcoin (BTC), worth about $14.4 billion at the time of publication. The Bitcoin was tied to an indictment against Chen Zhi, founder and chair of a Cambodia-based company that was allegedly responsible for orchestrating “pig butchering” crypto investment schemes. The US Department of the Treasury’s Office of Foreign Assets Control sanctioned Zhi’s company, the Prince Holding Group, and its affiliates on the same day the indictment was unsealed. Read more -
Cointelegraph.com - 18:19 Oct 14, 2025
The rollout marks the second phase of Ethereum’s three-step roadmap, testing higher gas limits and the new PeerDAS data-sampling system. Ethereum’s Fusaka upgrade has been activated on the Sepolia testnet, marking the next major step in the network’s ongoing push to improve scalability and performance. The upgrade marks the second phase of a three-step rollout under Ethereum’s Fusaka roadmap, following the Holesky testnet activation on Oct. 1. The Sepolia deployment focuses on stress testing the network’s new data-availability system and higher block gas limit before developers push the code to the final Hoodi testnet later this month. Fusaka’s rollout is introducing a suite of performance and consensus improvements. The full upgrade aims to increase Ethereum’s block gas limit to 60 million, allowing blocks to process more transactions and complex smart-contract activity while testing whether nodes can maintain stability at higher capacity. Read more -
Cointelegraph.com - 17:56 Oct 14, 2025
Deep Bitcoin bids below $105,000 signal a market cleanup phase from last week’s historic liquidation event. After the dip-buying ends, will BTC reclaim $117,500? Key takeaways: Deep liquidity bids now cluster around $105,000-$100,000, signaling market stabilization. Over 90% of BTC supply remains profitable, confirming a leverage-driven, not panic, sell-off. Read more -
Cointelegraph.com - 17:10 Oct 14, 2025
BTC can drop to $74,000 in the worst-case scenario if the price fails to hold above the $110,000 support level, but is the top really in? Key takeaways: Bitcoin risks a correction toward $96,500–$100,000 if the $110,000 support fails. Onchain and technical patterns suggest a healthy mid-cycle reset, not a full trend reversal. Read more -
Cointelegraph.com - 17:04 Oct 14, 2025
Less than a week after reports of an agreement between the "Bitcoin Jesus" and US authorities, Roger Ver’s 2024 criminal tax case may be nearing an end. A California federal court is closer to dismissing the criminal indictment against Bitcoin advocate Roger Ver, known to many as “Bitcoin Jesus.” In a Tuesday filing in the US District Court for the Central District of California, the US government filed a proposed order for Judge Michael Fitzgerald to dismiss Ver’s indictment without prejudice. The government said it reached an agreement with Ver to pay $49.9 million and “all tax, penalties, and interest” on tax liabilities with the Internal Revenue Service (IRS) for his Bitcoin (BTC) holdings. Read more -
Cointelegraph.com - 16:42 Oct 14, 2025
Record inflows to BlackRock’s crypto ETFs cement the asset manager’s dominance as institutional investors pour billions into Bitcoin and Ethereum exposure. BlackRock’s iShares exchange-traded funds (ETFs) helped power the asset manager to a strong quarter of earnings and revenue, underscoring the continued momentum behind its crypto-related products as institutional demand accelerates. The iShares platform, which includes more than 1,400 ETFs globally, attracted a record $205 billion in total net inflows in the third quarter, according to the company’s quarterly financial statement. Those inflows fueled a 10% increase in organic base fee growth during the quarter and 8% growth over the past 12 months, Chairman and CEO Larry Fink said in a statement. Fink reiterated that BlackRock is “always preparing for the future,” highlighting ongoing offerings in emerging sectors such as technology, data analytics and digital assets. Read more -
Cointelegraph.com - 15:13 Oct 14, 2025
Bitcoin dropped back toward its lowest levels in several weeks after a rebound fizzled at $116,000, while an infamous whale stayed short BTC. Key points: Bitcoin gives up on its bull-market rebound as sellers stay firmly in control. The infamous Bitcoin whale, who shorted BTC last week, continues to add to its BTC price downside bet. Read more -
Cointelegraph.com - 14:43 Oct 14, 2025
Ether price could retest the $3,800 level, but traders said Ethereum's native token was preparing for a breakout to new highs, with $10,000 in sight. Key takeaways: Ether price dropped 8% to $3,940 on Tuesday, triggering $115 million in long ETH liquidations. A bull flag on the weekly chart suggests a $10,000 target, but bulls must hold $3,800 first. Read more -
Cointelegraph.com - 14:35 Oct 14, 2025
After BNB Chain’s X hack, meme token “4” surged from $3K to $2M following CZ’s mention. We break down the timeline and key risks. CZ’s mention turned meme token “4” into a trade; one early buyer saw $3,000 grow to $2 million. The trigger was the hack of BNB Chain’s X account, which spawned “4.” The surge came from flow hitting thin liquidity, not fundamentals. Read more -
Cointelegraph.com - 13:47 Oct 14, 2025
Bitcoin’s energy-based economic model is set to benefit from the fiat “debasement” needed to fund the global arms race for developing the most advanced AI models. Billionaire entrepreneur and Tesla CEO Elon Musk touted Bitcoin’s ability to protect investors from fiat money printing, which may increase due to what analysts call a forthcoming government-funded race to develop artificial intelligence. Musk has praised Bitcoin’s (BTC) energy-based proof-of-work model for its inflation-proof mechanism, which is immune to governmental fiat currency printing as it is “impossible to fake energy.” “That is why Bitcoin is based on energy: you can issue fake fiat currency, and every government in history has done so, but it is impossible to fake energy,” Musk wrote in a Tuesday X post. Read more -
Cointelegraph.com - 13:37 Oct 14, 2025
The crypto framework law in the Senate is now on pause as lawmakers debate possible new amendments. Senate Democrats submitted a counterproposal to the crypto framework bill last week. Industry advocates are concerned that this will stall progress on the legal clarity for the blockchain industry. The proposal, which has not yet been released publicly, would reportedly impose a number of rules for decentralized finance (DeFi) protocols. Among these is a supposed “restricted list” for DeFi protocols deemed too risky. Industry commenters are concerned that the measures are made in bad faith. Digital Chamber vice president of policy and government affairs Zunera Mazhar said that the law gives “sweeping authority, narrowly defines decentralization, and treats front ends like financial intermediaries.” Read more
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