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The three major U.S. stock indices closed higher today. - S&P 500: +0.60% - Nasdaq: +1.18% - Dow Jones: +0.03%

A whale wallet bought 123,000 HYPE through Wintermute after 27 days of dormancy, according to Onchain Lens. The purchase was worth about $10.02 million.

DeFi protocol Balancer (BAL) said most Balancer pools will shift to withdrawal-only mode starting Oct. 30 under governance proposals BIP-928 and BIP-936. Withdrawals will remain available after the change, and users will retain control of their funds.

Investors are moving Bitcoin off exchanges ahead of economic data releases including the Federal Reserve’s benchmark rate decision, GDP and PCE inflation figures, according to blockchain analytics platform Santiment. The data showed net Bitcoin outflows from exchanges reached 14,900 BTC, marking the largest daily net outflow in five weeks. Santiment said heavier Bitcoin outflows than inflows to exchanges suggest relatively less positioning for immediate selling. It identified $80,000 as a support level and said if BTC holds that level and exchange reserves keep falling, the price could rebound to $82,500-$84,000. If BTC falls under $79,000, however, the bullish outlook could weaken. Santiment added the market should also watch whether BTC regains $82,500 after the macroeconomic data releases.

Circle announced a partnership with payment technology company ACI Worldwide to integrate USDC payments into Latin American banking systems. According to Decrypt, Circle will move forward with a pilot project in Colombia based on ACI’s Bre-B instant payment system.

CryptoQuant CEO Ki Young Ju said on X that Bitcoin needs to hold the $80,000 level to avoid a prolonged liquidation cascade extending toward $73,000.

Zero-knowledge proof computing network Cysic said its cross-chain bridge, which was hit by a security incident, has been fully restored and has resumed normal operations. The CYS bridge between the Cysic mainnet and supported chains is now available again. Earlier, a hacker exploited the bridge, causing about $727,000 in losses.

U.S. prosecutors have charged six people with NFT wallet theft and fraud, The Defiant reported. The group is accused of running a fake NFT investment operation based in Madagascar and using wallet approval systems to steal cryptocurrency. Estimated losses totaled at least $516,000 across about 74 wallets.

Austin Campbell, founder and CEO of Zero Knowledge, said stablecoins move bank deposits rather than destroy them, arguing in an interview with CoinDesk that deposit flight caused by stablecoins is mathematically impossible. Campbell said ownership of money changes, but the funds do not actually leave the banking system. When someone buys a stablecoin, the money goes into another person’s bank account, and when the stablecoin is redeemed, the process works in reverse, Campbell said. Deposit ownership therefore moves between accounts or banks, but the overall pool of funds does not disappear in the process, according to Campbell. Campbell added that stablecoins are closer to cash or money market products than to bank deposits created through leverage.

Horizen co-founder Rolf Versluis said the privacy-focused blockchain project will shut down its existing L3 network and shift to building on Base. Users need to complete any necessary actions by 1:00 p.m. UTC on Nov. 4. Horizen plans to roll out Base-based post-quantum private transactions, private DeFi on Vela, and the restoration of ZEN nodes.

The U.S. Commodity Futures Trading Commission is investigating whether Polymarket took sufficient steps to block U.S. users from accessing its offshore platform, Reuters reported, citing industry sources. The probe is focused on Polymarket’s geolocation-based access controls and advertising activity in the United States. The CFTC is also examining customer sign-up procedures and user protection measures on Polymarket’s U.S. platform. In 2022, Polymarket paid a $1.4 million fine over allegations it offered contract products without reporting to or registering with regulators, and blocked access for U.S. users. Reuters added that the CFTC and the U.S. Department of Justice had also conducted and closed a similar investigation in 2025.

Layer-1 blockchain Core said it is entering its next phase of decentralization. Since the DAO began transferring block production to independent validators, the network has seen no downtime during the transition. Core said the community will take on more of the network’s operations going forward, including ecosystem development, growth initiatives, and decisions on strategic direction. As part of the transition, early contributors Rich Rines and Brendon Sedo are stepping down from their roles within the DAO.

Web3 gaming ecosystem Astranova said it will carry out phase four of its in-house token burn program, "The Forge," on Nov. 2. In this phase, 135 million RVV will be transferred from a public wallet to a burn address for permanent removal. Astranova said the transaction will be disclosed for on-chain verification. After phase four is completed, two more phases will remain, and the next schedule will be announced after this burn is finished.

Decentralized exchange Curve announced the launch of a new market that lets users borrow USG against crvUSD/frxUSD LP tokens as collateral. Initial incentives are already being distributed.

The U.S. Commodity Futures Trading Commission has sued Utah and the state’s attorney general over prediction market regulation, marking Utah as the 10th state targeted in the agency’s legal campaign. According to The Defiant, the lawsuit is aimed at Utah’s recent case against Kalshi and Susquehanna and seeks to block state investigations and enforcement actions against federally regulated markets. CFTC Chairman Mike Selig said the agency has the expertise and responsibility to defend its exclusive jurisdiction over commodity derivatives and will do so. The CFTC had previously filed similar lawsuits against nine states, including Kentucky, New Mexico and Wisconsin, with Utah becoming the 10th.

Crypto exchange Kraken now supports Bitcoin and Ethereum options trading through existing Kraken Pro derivatives accounts for eligible traders in the European Economic Area. The contracts are cash-settled, and premiums, profit and loss, and final settlement amounts are calculated in U.S. dollars even when collateral is posted in another currency. Expiries include weekly, monthly, quarterly, and semiannual terms. Kraken launched its options service for eligible traders and institutions in July, and at the time had slated a European rollout for the second half of this year.

According to Chainlink, the blockchain oracle project behind LINK, Further, an asset manager backed by Abu Dhabi sovereign wealth fund ADQ, will adopt Chainlink for a new tokenized asset compliance platform. Chainlink ACE will apply compliance rules across all workflows, starting with Abu Dhabi Global Market (ADGM).

Decentralized prediction market platform Myriad Markets will void 10 BNB Chain-based prediction markets and issue refunds after an internal administrator wallet was compromised, The Defiant reported. The attacker used the hacked wallet to buy specific positions, then finalized those outcomes as winners and claimed payouts. Refunds will be calculated by multiplying each user’s share count by the last price of each outcome before the attack. The affected markets included whether Base will launch a token in 2026, the U.S. midterm elections, cryptocurrency and commodity prices, and whether George Russell will win the 2026 Formula One drivers’ championship.

Decentralized exchange GMX said GMX staking on Arbitrum and Avalanche will move to new contracts on Oct. 27. After the change, unstaking will require a request process, and tokens can be withdrawn 180 days after a request is submitted. Existing staked GMX and esGMX will remain in place and require no separate action. The 80% staking power threshold will apply at the time the request is submitted.

USDC has overtaken USDT in the euro-denominated stablecoin trading market, with its share of euro trading rising from 10% in January 2024 to 56% now, Cointelegraph reported, citing a Kaiko report. The shift accelerated as major exchanges restricted USDT trading for customers in the European Economic Area under the EU’s Markets in Crypto-Assets regulation, or MiCA. USDC also led in liquidity, with its euro-denominated order book liquidity running about 40% higher than USDT’s, according to Kaiko. Even so, USDT’s global circulating supply remains about 2.5 times larger than USDC’s.

The Coinbase premium has not turned positive on any day in October, marking its deepest negative reading since June, according to CryptoQuant. The data suggests U.S. buyers have remained on the sidelines.

Coinbase announced the addition of STABLE.

The Ethereum Foundation’s App Enablement team is gathering feedback on Ethereum Improvement Proposals, or EIPs, and constraints in the layer-one protocol, Crypto Briefing reported. The effort is aimed at ensuring application developers’ needs are reflected in the development roadmap for Ethereum’s core protocol, and it is proceeding alongside preparations for Hegotá, the next upgrade expected in 2027.

Bitcoin needs to hold $75,500 to preserve the uptrend structure formed since its summer low, Jesse Marre, senior portfolio manager at digital asset investment firm Hilbert Group, said in an analysis, according to Crypto Briefing. Marre identified a short-term support zone at $78,500 to $79,500, where a trendline supporting Bitcoin’s recent sideways movement is located. Marre warned that if the decline continues below $75,500, the recovery structure built since summer could break down and send BTC back toward its previous low range. On the upside, Bitcoin needs to reclaim $81,400 to re-enter its short-term consolidation range, Marre said. If BTC then breaks through $85,000 and $87,500 in sequence, it could rebound toward $95,000 to $98,000 depending on market conditions. Marre pointed to rising oil prices and a selloff in AI-related tech stocks as drivers of Bitcoin’s weakness. Marre also cited the U.S. Federal Reserve’s rate decision this week as a key variable, and expects the Fed to keep rates unchanged at this meeting while maintaining a hawkish stance, citing inflation pressures and resilient economic growth.

A governance proposal has been submitted to burn 55.5 million OSMO, roughly half of the Osmosis community pool’s holdings, according to the decentralized exchange Osmosis. If implemented, the move would reduce total supply by about 7% and push cumulative OSMO burned above 100 million.