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Found 5759 news

  • Singapore court approves WazirX restructuring plan after $234M hack
    Cointelegraph.com - 10:23 Oct 13, 2025
    The Singapore High Court’s approval clears the way for WazirX to restart operations and begin compensating more than 150,000 users. Crypto exchange WazirX has finally secured approval from the Singapore High Court for its restructuring plan, paving the way for user repayments following the $234 million hacking incident last year.  The court’s decision comes weeks after creditors backed a revised proposal. The approval allows WazirX to start the next phase of its recovery process, including token-based fund distributions and reviving the exchange’s operations. “Thank you to everyone who supported this difficult phase of WazirX. The Singapore High Court has approved the scheme,” WazirX founder Nischal Shetty said in a post on X. “It’s your support and love that has made this possible.” Read more
    Tags: WazirX
  • Crypto funds attract $3.2B inflows despite Friday’s flash crash
    Cointelegraph.com - 09:56 Oct 13, 2025
    Friday’s massive crypto market crash sent Bitcoin fund trading volumes to record highs, but crypto ETPs held firm amid the turmoil. Cryptocurrency investment products held steady amid last Friday’s massive flash crash, recording strong inflows over the past week. Crypto exchange-traded products (ETPs) recorded $3.17 billion in inflows last week despite the market correction caused by fresh China tariff threats from US President Donald Trump, CoinShares reported on Monday. “Friday saw little reaction with a paltry $159 million outflows,” CoinShares head of research James Butterfill wrote, highlighting crypto funds’ resilience to the market panic after the Friday sell-off and $20 billion liquidations.  Read more
  • $120K or end of bull market? 5 things to know in Bitcoin this week
    Cointelegraph.com - 07:18 Oct 13, 2025
    Bitcoin rebounded to $116,000 and gold hit new all-time highs as bulls woke up to face what could be their ultimate test this week. Bitcoin (BTC) starts a key week of October with the fate of the bull market at stake. What comes next? Bitcoin stages a solid rebound from its biggest-ever liquidation cascade, reaching a high of $116,000 so far. Traders are divided over where the market will head from here; there are even doubts that the bull market will ever return. Read more
    Tags: Bitcoin
  • ETH, BNB, DOGE lead as crypto market cap rebounds to $4T
    Cointelegraph.com - 00:02 Oct 13, 2025
    Ether, BNB and Solana led as the crypto market powered back up after Friday’s flash crash, with crypto treasury firm BitMine capitalizing on the dip. Total crypto market capitalization soared back over $4 trillion on Sunday, with Ether, BNB and Dogecoin posting double-digit gains after Friday’s market crash that wiped out nearly $500 billion in crypto value.  The three blue-chip coins have surged 10.5%, 13.6% and 12.5% over the last day, while Solana (SOL), Cardano (ADA), and Chainlink (LINK) are also up over 10%, CoinGecko data shows.  Synthetix (SNX) briefly rose over 100% — eclipsing its pre-crash price level and even setting a new 2025 high — while a few other smaller-cap coins like Mantle (MNT) and Bittensor (TAO) increased over 30%. Read more
  • ETH readies to reclaim $4.5K as futures markets stabilize from crypto flash crash
    Cointelegraph.com - 23:05 Oct 12, 2025
    ETH price sharply recovered as market fears eased and derivatives stabilized, suggesting that a return to $4,500 could be Ether’s next stop. Key takeaways: ETH’s perpetual contract distortions are fading, with monthly futures signaling neutral conditions and reduced short-term market fear. Options markets show balanced demand between bullish and bearish strategies, reflecting a healthy derivatives market. Read more
  • Binance says tokens did not crash to $0, claims 'display' issue responsible
    Cointelegraph.com - 21:52 Oct 12, 2025
    The tokens did not actually crash to $0, but users saw tokens drop to nearly $0 due to a 'display' issue, the Binance exchange said. Crypto exchange Binance issued an update to users after several tokens on the platform apparently crashed to $0 in the wake of Friday's market meltdown, saying that the tokens did not actually crash, but showed a $0 price to users due to a “display issue.” Several altcoins appeared to crash to $0 on Binance during Friday’s market turmoil, including IoTeX (IOTX), Cosmos (ATOM), and Enjin (ENJ), despite the tokens staying well above $0 on other centralized crypto exchanges. The tokens did not actually lose 100% of their value on the platform, according to an announcement from Binance on Sunday. Binance explained: Read more
    Tags: Binance
  • US and China soften trade rhetoric, giving analysts hope of market rebound
    Cointelegraph.com - 19:56 Oct 12, 2025
    Tensions between the two countries appear to have cooled off on Sunday, as representatives from both sides signal a willingness to negotiate. Trade tensions between the US and China appear to be softening, as representatives from both governments issued statements on Sunday that signaled a willingness to resume trade negotiations, giving analysts hope of a market rebound. In a translated statement, China’s Ministry of Commerce said it is “ready to strengthen dialogue” with other countries on trade and the recently announced rare earth mineral export controls that inflamed trade tensions between the US and China. The spokespeople also said China would “actively consider” provisions in the rare earth export policy to facilitate trade and strengthen supply chains, including “license exemptions.” US President Trump issued this statement on the same day: Read more
    Tags: China
  • Explanations of USDe 'depeg' on Binance focus on coordinated attack, oracles
    Cointelegraph.com - 17:44 Oct 12, 2025
    Ethena founder Guy Young said the USDe depegging event on Binance that sent the token to $0.65 was an isolated issue not tied to fundamentals. The USDe synthetic dollar depegged on the Binance crypto exchange due to an internal oracle issue and not because of the underlying collateral, the Ethena protocol, or the token itself, according to Guy Young, the founder of Ethena Labs, the creator of USDe. USDe minting and redeeming worked “perfectly” during Friday’s flash crash, he claimed; $2 billion in USDe was redeemed during 24 hours across crypto exchanges, including Curve, Fluid, and Uniswap, with minimal price deviations of 30 basis points (BPS) or less, Young said. The price of USDe fell from about $1 to $0.65 on Binance during the crash because the exchange was using oracle data from its own orderbook, which had thinner liquidity, rather than an external price feed, Young said. He added: Read more
  • Why did some altcoins on Binance crash to zero?
    Cointelegraph.com - 14:20 Oct 12, 2025
    Several altcoins, including ATOM and IOTX, briefly hit zero on Binance during Friday’s crypto crash but stayed afloat elsewhere. Key takeaways Some altcoins, including Cosmos’s ATOM token, briefly fell near zero on Binance during Friday’s crypto market crash. The same altcoins held real market value on other centralized crypto exchanges. Read more
    Tags: Binance
  • Put equity lending onchain, or get out of the way
    Cointelegraph.com - 13:30 Oct 12, 2025
    Equity lending’s outdated batch settlements and manual reconciliations are failing markets. Onchain infrastructure offers real-time, programmable solutions. Opinion by: Hedy Wang, co-founder and CEO at Block Street Equity markets are still running on outdated rails — batch files, email reconciliations and sluggish collateral transfers that crawl between custodians through workflows that no one fully controls.  If the industry wants to maintain credibility, it can no longer tolerate this. The answer is not another incremental patch or painful niche option. It’s a step up to onchain equity lending. Real-time settlement, programmable collateral and transparent rule enforcement will become the benchmark others must meet. Read more
  • BNB is the ‘most overlooked blue-chip,’ CEA Industries CEO says as token hits ATH
    Cointelegraph.com - 13:12 Oct 12, 2025
    CEA Industries CEO David Namdar calls BNB “the most overlooked blue-chip,” as the token hits new highs and its ecosystem shows rising usage. BNB’s recent surge to a new all-time high above $1,300 is not an “unexpected upshot or rare peak,” rather it shows the network’s credibility, according to David Namdar, CEO of Nasdaq-listed CEA Industries, which has also become the world’s largest BNB Treasury. In a recent interview with Cointelegraph, Namdar called BNB (BNB) “the most overlooked blue-chip in the market,” arguing that the rally reflects years of underappreciated fundamentals finally breaking through. “The market is waking up to the credibility, scale, and utility of the BNB ecosystem,” he said, pointing out the chain’s rising throughput, active users and steady DeFi and gaming traction. Read more
  • Bitcoin eyes $114K liquidity grab as traders bet on BTC price rebound
    Cointelegraph.com - 12:30 Oct 12, 2025
    BTC price action stabilized at around $112,000 ahead of fresh volatility into the weekly close and Bitcoin futures market open. Key points: Bitcoin market analysis sees a squeeze toward $114,000 in time for the weekly close. Traders favor a BTC price rebound into next week. Read more
    Tags: Bitcoin
  • Bitcoin retests golden cross, a break above could trigger major rally: Analyst
    Cointelegraph.com - 10:43 Oct 12, 2025
    Bitcoin is retesting the golden cross, a bullish pattern that preceded past parabolic rallies, with analysts saying a breakout above $110,000 could trigger another move. Bitcoin is retesting the “golden cross,” a bullish technical pattern that has historically preceded rallies, according to crypto market analyst Mister Crypto. In a Sunday post on X, the analyst shared a chart noting that Bitcoin’s (BTC) previous golden crosses led to gains of 2,200% in 2017 and 1,190% in 2020. With BTC currently hovering near $110,000, he suggested that holding above the level could ignite another parabolic move. “The setup looks incredibly strong,” he wrote, adding that a confirmed breakout could “absolutely explode” Bitcoin’s price in the coming weeks. Read more
    Tags: Bitcoin
  • How to use ChatGPT to find hidden gems in the crypto market
    Cointelegraph.com - 09:24 Oct 12, 2025
    Discover hidden crypto gems using ChatGPT: GPTs, sentiment insights and data-driven scanners for smarter research and trading. ChatGPT can synthesize social media and news sentiment to reveal early narratives and market buzz around emerging tokens. Feeding technical indicators and onchain transaction data to ChatGPT allows traders to track “smart money” movements and identify accumulation or distribution patterns. Exploring multiple GPTs in workflows lets traders cross-reference metrics, sentiment and contract safety for more informed decisions. Read more
    Tags: ChatGPT
  • Investigation ties 100,000 BTC Hyperliquid whale to former BitForex CEO
    Cointelegraph.com - 07:56 Oct 12, 2025
    An investigation has tied the Hyperliquid whale controlling over 100,000 BTC to Garrett Jin, the ex-BitForex CEO whose exchange collapsed amid fraud probes. An onchain investigation by crypto researcher Eye has linked the mysterious Hyperliquid whale, who controls over 100,000 BTC, to Garrett Jin, the former CEO of BitForex, a now-defunct exchange embroiled in a fraud scandal. In a Saturday post on X, the onchain sleuth noted that the whale’s main wallet, ereignis.eth, was connected to another ENS name, garrettjin.eth, which directly leads to Jin’s verified X (Twitter) account, @GarrettBullish. “The ENS name ereignis.eth (“event” in German) confirms his link to this wallet, identifying him as the actor behind the large-scale operations on Hyperliquid/Hyperunit,” Eye wrote on X. Read more
    Tags: BitForex
  • 'Very high chance' this is the start of the crypto bull market: Trader
    Cointelegraph.com - 05:22 Oct 12, 2025
    The crypto market plunge on Friday was partly due to crypto traders reaching an “all-time impatience” with the market,” says crypto trader Alex Becker. Friday’s crypto market plunge may actually mark the early stages of a bull run, a crypto trader said. “I think there’s a very high chance this is the start of the bull market,” crypto trader Alex Becker said in a video published to YouTube on Saturday.  “I think selling right now could be the stupidest thing you could ever do,” Becker said. Jan3 founder Samson Mow echoed a similar sentiment in an X post on the same day, saying, “It’s time for Bitcoin’s next leg up.” Read more
  • Crypto traders blame Trump’s tariffs in search of ‘singular event’: Santiment
    Cointelegraph.com - 01:10 Oct 12, 2025
    The US-China talks will “be central” to crypto traders’ market moves in the short-term, sentiment platform Santiment said. Crypto retail traders were quick to blame Friday’s broader crypto market decline on US President Donald Trump announcing a 100% tariff on China, as they often look for something to point the finger at during downturns, according to Santiment. Analysts, however, say the reason for the market slump runs deeper than the tariffs alone. “This is typical 'rationalization' behavior from retailers, who need to point to a singular event as the reason for a cataclysmic downturn in crypto,” Santiment said in a report on Saturday. Read more
  • Bitcoin’s ‘macro whiplash,’ Shuffle suffers data breach: Hodler’s Digest, Oct. 5 – 11
    Cointelegraph.com - 22:56 Oct 11, 2025
    Bitcoin tumbles to $102,000 on Friday amid ‘macro whiplash,’ crypto betting platform Shuffle announces user data breach: Hodler’s Digest US President Donald Trump announced a 100% tariff on China on Friday, sending the price of Bitcoin reeling below $110,000 at the time of writing. Trump said the tariffs were in response to China attempting to place export restrictions on rare earth minerals, which are crucial for creating computer chips. Trump wrote on Truth Social: It has just been learned that China has taken an extraordinarily aggressive position on Trade in sending an extremely hostile letter to the World, stating that they were going to, effective November 1, 2025, impose large-scale Export Controls on virtually every product they make. Read more
  • ‘Debasement trade’ will pump Bitcoin, Ethereum DATs will win: Hodler’s Digest, Oct. 5 – 11
    Cointelegraph.com - 22:56 Oct 11, 2025
    Bitcoin tumbles to $102,000 on Friday amid ‘macro whiplash,’ crypto betting platform Shuffle announces user data breach: Hodler’s Digest US President Donald Trump announced a 100% tariff on China on Friday, sending the price of Bitcoin reeling below $110,000 at the time of writing. Trump said the tariffs were in response to China attempting to place export restrictions on rare earth minerals, which are crucial for creating computer chips. Trump wrote on Truth Social: It has just been learned that China has taken an extraordinarily aggressive position on Trade in sending an extremely hostile letter to the World, stating that they were going to, effective November 1, 2025, impose large-scale Export Controls on virtually every product they make. Read more
  • ‘Debasement trade’ will pump Bitcoin, Ethereum DATs will win: Hodler’s Digest, Oct. 5 – 11
    Cointelegraph.com - 22:56 Oct 11, 2025
    Bitcoin tumbles to $102,000 on Friday amid ‘macro whiplash,’ crypto betting platform Shuffle announces user data breach: Hodler’s Digest US President Donald Trump announced a 100% tariff on China on Friday, sending the price of Bitcoin reeling below $110,000 at the time of writing. Trump said the tariffs were in response to China attempting to place export restrictions on rare earth minerals, which are crucial for creating computer chips. Trump wrote on Truth Social: It has just been learned that China has taken an extraordinarily aggressive position on Trade in sending an extremely hostile letter to the World, stating that they were going to, effective November 1, 2025, impose large-scale Export Controls on virtually every product they make. Read more

5759 items