Live Feed

Billionaire entrepreneur and former crypto supporter Mark Cuban said in a recent interview that he sees the current market as a bubble, though unlike the internet bubble, nearly all assets are now trading like meme stocks, including Bitcoin. Cuban said stocks such as Micron, Google and Apple are all trading like meme stocks, pointing to sharp price swings on minor news. He said a stock can fall 18% simply because a company misses market expectations by one cent, even though the company’s intrinsic value has not changed by 18%. He added that investors are no longer buying based on the net present value, or NPV, of future cash flows, but are instead trading stocks like collectible baseball cards. For that reason, Cuban said he views the current stock market as a bubble, while adding that he does not know what will cause it to burst. Separately, Cuban said in May that he had sold most of his Bitcoin holdings after concluding that cryptocurrencies were not properly serving as a hedge against declines in fiat currency values and geopolitical instability.

Aviva Investors is launching a tokenized share class of its sterling liquidity fund on the XRP Ledger, according to Ripple. The fund is Aviva Investors’ largest, with about £22 billion in assets under management, and the launch expands its tokenized fund lineup following the July debut of a tokenized U.S. dollar liquidity fund. Investors will receive the same protections as in the existing fund, which was first launched in 2002. The product is limited to professional investors.

Gotchi Labs, a consumer AI platform designed for everyday use, said through its official channel that it released an official white paper on Oct. 25 that outlines the platform’s technical architecture, product ecosystem, and long-term development strategy. In the white paper, Gotchi Labs set out a plan to build a consumer AI ecosystem that provides personalized information, recommendations, and practical support across daily life areas including health, shopping, exercise, and productivity. In line with that direction, the company plans to connect specialized AI services by sector and gradually expand support tailored to users’ real-life contexts. The white paper added that Gotchi Labs has secured around 612,000 registered users through its in-house health and wellness service Sleepagotchi, which is already in operation, and is expanding its distribution base through blockchain-based mobile ecosystems including Seeker and Jambo. Building on that foundation, the company plans to expand into shopping and commerce, exercise and fitness, productivity and daily life, and personalized AI.

Blockchain gaming project ArchLoot said on its official blog it plans to permanently burn 44,583,346 AL tokens locked in three ecosystem pools, currently worth about $57,646. The tokens set to be burned include 30 million AL from the ECO pool, 10,416,673 AL from the treasury pool and 4,166,673 AL from the reserve pool. Separately, AL was placed on Bithumb’s delisting watchlist on Oct. 16. According to CoinMarketCap, AL was trading at $0.001293, down 0.54%.

A whale that accumulated $8.09 million worth of altcoins in early October added another $2.7 million over the past 10 days, lifting the total position to $10.79 million, according to ai_9684xtpa. The cumulative unrealized loss currently stands at about $1.904 million. The holdings consist of 2.55 million ZRO, 6.3 million WLD, 5.77 million BAT and 20 million CHIP. Unrealized losses by asset were estimated at $970,000 for ZRO, $568,000 for WLD, $288,000 for BAT and $77,000 for CHIP.

Hong Kong-listed asset manager Bitfire Group said its third-quarter cryptocurrency trading volume reached $342 million, up 362.2% from the previous quarter. Of that total, about $117 million came in September. The firm said digital asset assets under management stood at about $221 million, up 60.1% from the previous quarter and about 700% from a year earlier.

Crypto community platform Cobak said it will begin a CBK token migration on Nov. 2 to improve the token’s long-term stability and compatibility. The migration will run from 12:00 a.m. UTC on Nov. 2, 2026, through 2:59 p.m. UTC on May 1, 2027. Eligible assets are legacy CBK, legacy Polygon-based CBK and legacy CC, with a 1:1 migration ratio. Cobak said the move will reduce centralized elements in the existing contract, strengthen decentralization and shift to a simpler, standardized ERC20-based new contract.

Consensys issued security guidance for operators of Besu, Teku and Web3Signer, as leaked private keys tied to certificates from certification authority eMudhra could allow server impersonation or unauthorized validator signing requests in some environments, The Defiant reported. Java does not check certificate revocation by default, meaning certificates forged with the leaked keys could still be accepted as valid in unpatched environments. No real-world exploitation has been reported so far.

DeFi protocol JUST shared key project updates for the third quarter of 2026 and October. Across five rounds, cumulative buybacks and burns totaled about 1,881,973,007 JST, equal to 19.01% of the initial maximum supply, with about $118.15 million used for JST buybacks and burns. JUST said all of JustLend’s previously accumulated protocol revenue reserves were used to fund JST buybacks and burns. JUST DAO recently upgraded the JST buyback-and-burn mechanism and plans to shift future buyback and burn funding to a sustainable ecosystem revenue base. Starting in the fourth quarter of 2026, about $20.34 million will be deployed for buybacks across four rounds, while maintaining a minimum treasury reserve of $50 million. JustLend’s total value locked stood at more than $7 billion at the end of the quarter, while GasFree processed about 21.24 million transactions in the third quarter.

Whale Alert reported that 251,114,730 USDT has been transferred from Binance to an unknown wallet. The transaction is valued at about $251 million.

Bithumb announced a temporary suspension of digital asset deposits and withdrawals from 8:00 a.m. UTC on Oct. 31 to 6:00 p.m. UTC on Nov. 1 for a monthly inspection.

About 11.1 million BTC, or 55% of the 20.1 million Bitcoin mined so far, is held in wallets not linked to exchanges, funds or governments, according to Galaxy Research, CoinDesk reported. Galaxy Research interpreted the data as showing that more than half of Bitcoin’s total supply remains at unidentified addresses even after substantial ownership transfer to institutions, indicating self-custody is still common. CoinDesk added that the addresses also include cases where keys were lost, holders died, or custody addresses such as over-the-counter trading desks are difficult to track. The known 45% is held by exchanges, spot ETFs, the U.S. government and Bitcoin creator Satoshi Nakamoto, the report said.

Soneium, an Ethereum layer-two project being jointly developed by Sony and Startale, announced plans on Oct. 26 to introduce tokenized intellectual property and issue its own SONEIUM token. In an official X post, Soneium said "Soneium" plans to connect creators, fans and investors through tokenized IP. It said its official tokenized IP platform, the Soneium Portal, will support IP discovery and investment, while also rolling out IP Vault for investment in music copyright catalog funds and IP Bond to tokenize K-pop concert royalties. Soneium added the SONEIUM token is being designed as the economic base layer linking creators, IP owners, developers, fans and investors across the ecosystem, with a detailed issuance schedule to be announced later.

On-chain analyst Axel Adler Jr. said the profit margin for Bitcoin short-term holders with holding periods of under six months, relative to their average purchase price, fell to 5.9% from 8.7% over the past week. In a blog post, Adler said the average purchase price for short-term holders stood at $76,000 as of Oct. 25, up $1,100 from a week earlier. Adler said if BTC falls below $76,000, short-term holders would enter loss territory on average. Adler added that the group’s average purchase price was 1.56 times that of long-term holders at $48,600, up from 1.36 times in mid-August. Adler said the 30-day moving average crossed above the 90-day moving average on Sept. 17 in an indicator tracking the ratio between the two groups’ average purchase prices. Adler added that the same ratio had declined for an extended period before the 30-day moving average crossed above the 90-day moving average in May 2019 and February 2023, and the downtrend ended around those signals at the time.

South Korean exchange Upbit announced it will temporarily suspend digital asset deposits and withdrawals from 12:00 p.m. UTC on Oct. 31 to 8:00 p.m. UTC on Nov. 1 as part of its monthly digital asset balance inspection.

The government is reviewing a plan to impose an education tax on cryptocurrency exchanges on the premise that they would be brought into the financial industry, the Seoul Economic Daily reported. The move means taxes could be levied once the Digital Asset Basic Act is enacted and coin exchanges are fully brought into the regulatory fold. The report said the market sees a need for broader tax-system improvements rather than a mechanical application to the crypto industry, as the education tax currently borne by financial and insurance companies remains controversial. Banks, insurers and securities firms currently pay the education tax based on operating revenue. Starting this year, a 0.5% rate applies to the tax base of up to 1 trillion won, while 1% applies to amounts above 1 trillion won.

Insurance and reserve funds set aside to cover potential customer losses vary by as much as 26.7 times across South Korea’s crypto exchanges, the Financial News reported. According to data South Korea’s Financial Supervisory Service submitted to Min Byoung-dug of the National Policy Committee in the National Assembly, the insurance and reserve balances at the country’s five largest won-based exchanges as of the end of September were 80 billion won ($57.6 million) for Upbit, 53.4 billion won ($38.4 million) for Bithumb, 30 billion won ($21.6 million) for Coinone, 19 billion won ($13.7 million) for Digital X, formerly Korbit, and 3 billion won ($2.2 million) for Streami, which operates GOPAX. That marked a 26.7-fold gap between the largest and smallest buffers. Bithumb’s insurance and reserves fell by 46.6%, or 46.6 billion won ($33.6 million), from 100 billion won at the end of 2024 to 53.4 billion won at the end of September this year. Upbit’s rose by 65.6%, or 31.7 billion won ($22.8 million), from 48.3 billion won over the same period to 80 billion won.

A South Korean court sentenced a man in his 20s to two years in prison for defrauding acquaintances by promising to more than double their principal through crypto investments, Yonhap News TV reported. The Cheongju District Court found that the defendant, identified only as A, took more than 310 million won ($217,000) from eight acquaintances in 313 transactions between December 2022 and December 2025. Investigators said A misled the victims by claiming they could earn more than double their money by investing in cryptocurrencies. The court said the defendant exploited personal relationships over an extended period and also took money from some victims who had borrowed funds, while taking into account the lack of any prior criminal record and the defendant’s age in setting the sentence.

The Canadian government has published a regulatory proposal that would require stablecoin issuers to register with the Bank of Canada and is collecting public comments through Dec. 23. The proposal, published in the official gazette on Oct. 24, applies to stablecoins used in interprovincial and international transactions in Canada. Canada currently relies on provincial and territorial securities regulators to oversee stablecoins handled by crypto trading platforms, but it does not have a comprehensive regime governing issuance itself. To implement its stablecoin law, which received royal assent in March, the government has drafted detailed rules for issuer registration and supervision. The aim is to reduce user losses tied to insufficient reserves or issuer bankruptcies, while strengthening risk management and privacy protections. The government also plans to bring companies offering stablecoin payment services under supervision through the Retail Payment Activities Act.

The UK Financial Conduct Authority is pushing to strengthen enhanced due diligence procedures for transactions involving self-custodied crypto wallets managed directly by individuals, CryptoSlate reported. The FCA released a proposed revision to its financial crime guidance, CP26/38, on Oct. 23 and is accepting feedback through Dec. 24. Under the proposal, when cryptocurrency is transferred from a personal wallet to a UK financial firm, the receiving firm would be encouraged as a best practice to scrutinize the transaction more closely. The guidance would not be legally binding.

A U.S. conservative nonprofit, the Center for Common Sense Leadership Fund, placed full-page advertisements in The Wall Street Journal for a second straight day warning about the risks of stock tokens, The Block reported. The group argued stock tokens in a regulatory blind spot could create eight problems, including price dislocations, ownership disputes, hacking, market manipulation, anti-money laundering loopholes, weak investor protections and legal liability. Separately, 22 companies including Microsoft, Goldman Sachs, McDonald’s and Alphabet have also expressed opposition to the issue, according to the report.

The dollar traded at around 1,322 won, marking its lowest level since October 2024.

BitMEX co-founder Arthur Hayes said Flop Labs, the AI agent project led by Hayes as CEO, will open its Devnet to the public within days. Anyone will be able to participate as a miner or validator, and AI agents will also be able to connect to the network. Hayes said Devnet participation will not count toward token allocations. Hayes had previously said Flop Labs plans to launch a testnet in October for 90 days, followed by a mainnet launch in the first quarter of next year. Testnet participants will be eligible for a FLOP airdrop.

Tiger Research, an Asia-based Web3 research and consulting firm, said in a report titled "암호화폐 마켓메이커, 가짜를 걸러내야 진짜가 남는다" that distrust of market makers stemmed from price-manipulation firms posing as market makers. The report said legitimate market makers narrow spreads and continuously provide counterparties, lowering trading costs for investors. It added that crypto market makers perform the same role as in traditional finance, but operate in a fragmented market where there is no system for formal contracts with exchanges and contracts with issuers are not disclosed. Tiger Research said a basic law on digital assets is the first opportunity to address the issue, but noted the proposed bill allows market making commissioned by exchanges while recognizing contracts commissioned by token issuers only for the first six months after listing. It stressed that issuer contracts, where most problems arise, should also be brought into the regulatory framework.

Bithumb announced ZK deposits and withdrawals will be temporarily suspended at 10:00 a.m. UTC today to support the zkSync network upgrade.