Category: crypto

Wintermute founder Evgeny Gaevoy dismissed claims that Binance caused the October 10 crypto market crash, criticizing blaming a single exchange as “intellectually dishonest.” He argued that macro news triggered the crash in an overleveraged market during illiquid hours, with OKX CEO Star Xu highlighting USDe leverage loops as amplifying systemic risk.

The crypto market crash intensified on Saturday, with liquidations soaring to over $1.6 billion. Factors contributing to the crash include rising odds of a Trump attack on Iran and memories of past liquidation events. Analysts like Tom Lee believe the market will recover soon due to historical trends and potential catalysts like falling US dollar…

The NFT market saw sales volume of $74.88 million last week, a 38% decrease. Ethereum led with $46.9M in sales despite a decline. Bitcoin NFTs dropped 71%. NFT buyers increased by 29.75% to 242,824, with sellers up by 32.02% to 217,181. Ethereum maintained dominance in sales.

In the final week of January 2026, crypto startups raised $243.9 million across 14 deals. Mesh (ex Front Finance) led the funding with a $75 million Series C round at a $1 billion valuation. Other companies like Talos, Zama, and StreamEx also secured significant funding amounts. Various sectors like payments, trading, cryptography, and RWA tokenization…

Bitcoin spot ETFs experienced $509.7 million in net outflows on January 30, marking the fourth day of redemptions in five trading sessions. BlackRock’s IBIT led the selling, with Bitcoin ETF assets falling to $106.9 billion. Ethereum ETFs also saw outflows of $252.9 million. Total net assets for Bitcoin and Ethereum products decreased.

Trump is expected to nominate Kevin Warsh, a former Fed governor and Morgan Stanley banker, as the next Fed chair, raising concerns about central bank independence and market reaction. Warsh emerged as the top choice after a final White House meeting, potentially tightening White House influence over monetary policy.

Bybit plans to become a broader financial platform by 2026, offering banking, custody, and cross-border services. The company aims to empower underbanked populations globally by simplifying financial transactions. Bybit’s MyBank, a retail banking layer, will launch in 2026 to provide easier access to banking services. Their institutional custody framework, ByCustody, supports over $5 billion in…

Tron founder Justin Sun announces plans for the ecosystem to increase its Bitcoin holdings following Binance’s call for sector-wide BTC treasuries. This move aligns Tron with other firms using Bitcoin as a strategic reserve asset. Sun did not disclose specific investment amounts or timelines, but the move could impact how infrastructure projects manage balance sheets.

A 22-year-old Canadian accused of defrauding two decentralized finance protocols of $65 million has disappeared from Serbian custody. Andean Medjedovic allegedly exploited KyberSwap and Indexed Finance, draining funds from investors. Despite a global manhunt and extradition efforts, his current whereabouts are unknown, and the stolen cryptocurrency remains parked on-chain.

OSL Group raised $200 million through an equity financing round to expand its stablecoin trading and digital payments operations. The funds will be used for acquisitions, global market expansion, and product development, with a focus on compliance and regulated systems. OSL aims to bridge traditional finance and decentralized finance for enterprises and institutions.