Category: crypto

Stablecoins processed $46 trillion in transactions in 2025, nearly triple Visa’s volume, according to a16z’s report. Ethereum and Tron dominate settlement activity, handling 64% of stablecoin volume. The total supply of stablecoins surpassed $300 billion, with USDT and USDC leading. Stablecoins now play a significant role in global finance.

Polymarket is in talks with investors to raise capital at a valuation between $12 billion and $15 billion, up from $1 billion in June. Weekly trading volume reached $2 billion, reflecting growing interest in prediction markets. Rival Kalshi is also attracting attention, expanding into regulated markets and forming partnerships with DraftKings and the NHL.

Bunni DEX has closed down after losing $8.4 million in a hack in September. Users can withdraw assets, and a treasury distribution is planned. The smart contracts have been open-sourced under the MIT license. The closure marks the end of a technically ambitious decentralized exchange built on Uniswap V4 hooks.

Coinbase introduced Payments MCP, allowing AI agents to transact directly on-chain with crypto wallets and stablecoins. The protocol enables AI models to make payments using natural language prompts and local security controls. This move aligns with Coinbase’s strategy to connect AI systems with blockchain-based payment infrastructure and decentralized finance.

T. Rowe Price, a $1.8 trillion asset manager, has filed for its first crypto exchange-traded fund with the SEC. The proposed ETF will hold five to fifteen digital assets including Bitcoin, Ether, Solana, and XRP. This move marks a historic departure from its traditional mutual fund strategy and signals a major vote of confidence in…

The Radiant Capital hacker deposited 2,834 ETH into Tornado Cash after exploiting the project’s lending pool, resulting in a $53 million loss. Authorities suspect the North Korea-linked group AppleJeus was behind the attack. The hacker has laundered over $10.8 million through Tornado Cash, making it difficult to trace the stolen funds.

Investor caution has returned to the crypto markets as Bitcoin and Ethereum ETF flows turned negative again after a brief recovery. Bitcoin recorded $101.3 million in outflows, while Ethereum lost $18.8 million. Both cryptocurrencies are struggling to regain momentum amid declining ETF inflows and subdued market confidence.

Hyperliquid Strategies Inc. has filed for a $1 billion U.S. IPO to acquire more HYPE tokens. They plan to issue up to 160 million shares with Chardan Capital Markets advising. The proceeds will be used for additional token accumulation and staking. HYPE price rose 10% to $38.

Indian crypto exchange WazirX is set to resume operations on Oct 24 after a 15-month hiatus due to a cyberattack. The relaunch follows a restructuring plan approved by the Singapore High Court and aims to attract users with zero fee trading. BitGo will provide insured custody of assets to restore user confidence.

Tokyo-listed Quantum Solutions is now the largest Ethereum treasury company outside the US, acquiring over 2,300 ETH in a week. They raised $180 million in September, led by ARK Invest. Quantum’s shares fell by over 28% in five days. They plan to acquire more ETH and hold 3,865.84 ETH in total.