Category: crypto
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NFT sales spike 6% to $161.7m, Pudgy Penguins jump 165%
NFT sales volume has reached $161.7 million, with Ethereum leading at $102.7 million. Market participation has increased significantly, with the number of buyers up by 126% and sellers by 124%. The global crypto market cap has decreased, but the NFT sector shows signs of recovery.
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India’s ED seizes $286M in crypto, mastermind arrested
The Enforcement Directorate in India has seized $286 million worth of cryptocurrency under anti-money laundering laws. This was part of an investigation into the OctaFX Ponzi scheme, which duped Indian investors of $225 million. The alleged mastermind, Pavel Prozorov, was arrested in Spain for cybercrimes related to the scheme. The probe found that OctaFX operated…
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Tempo bags $500m, Kraken secures the Small Exchange for $100m
In the week of October 12-18, 2025, Tempo raised $500 million in a Series A round, leading the $1.059 billion in crypto funding across 22 projects. Kraken acquired SMALL Exchange for $100 million. Payment infrastructure and trading platforms dominated VC funding. Other projects received funding ranging from $300,000 to $25 million.
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XRP, other crypto assets targeted in EtherHiding attack
North Korean hackers are using a blockchain-based technique called EtherHiding to deliver malware that steals cryptocurrency, particularly XRP. The method embeds malicious code in smart contracts on decentralized blockchains, making it difficult to take down. The hackers target developers through social engineering campaigns, leading to cryptocurrency heists.
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Ripple eyes $1 billion XRP treasury via SPAC: report
Ripple Labs plans to raise $1 billion through a SPAC to fund an XRP accumulation strategy. The company recently acquired GTreasury for $1 billion. XRP price did not increase despite the news. The details of the raise are still under discussion, and Ripple has not made an official announcement yet.
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Tether freezes 13.4M USDT across 22 addresses
Tether Holdings froze $13.4 million worth of USDT on 22 wallet addresses on Ethereum and Tron networks. The freeze is part of law enforcement and compliance efforts. Tether has been criticized for freezing funds, with a lawsuit claiming $44.7 million was unlawfully frozen. Tether cooperates with law enforcement on freezing addresses linked to crimes.
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Solana price retreats near $180 as technicals flag caution
Solana’s price has dropped to $181, down over 6% in the past 24 hours and more than 17% for the week. Technical indicators show bearish momentum, with the RSI near 39. A rebound may depend on institutional demand and potential Solana-based ETF approvals. Support levels are being tested, with the next support at $168.
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Ghana to introduce crypto regulations by the end of 2025
Ghana’s central bank plans to introduce cryptocurrency regulations by the end of 2025, with a bill advancing to parliament. Governor Johnson Asiama stated that a new department will oversee the crypto sector, with the aim to prevent abuse and address economic challenges. Similar measures have been taken by other African nations.
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Gold market cap hits $30T, is Bitcoin falling behind?
Gold’s market cap has reached over $30 trillion, making it the largest asset by market cap. Bitcoin’s market cap has dropped to $2.15 trillion, widening the gap between the two assets. Gold has surged in value, while Bitcoin struggles amidst falling prices. It remains to be seen if Bitcoin can surpass gold’s market cap.
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Ethereum stablecoin supply hits new all-time high of $162B
Ethereum’s stablecoin supply reaches a record high of $162.3 billion, signaling network strength and growth in decentralized finance. Total value locked in DeFi hits $81 billion, with DEX volumes staying above $80 billion. Analysts like Tom Lee debate whether Ethereum could surpass Bitcoin’s market value, comparing it to the flippening of equities and gold.