Arthur Hayes sent another 14 million ENA worth $2.73 million to Cumberland as he exits Maelstrom’s directional crypto book. Tracked transfers to trading venues total $28.81 million since October 24, with $14.15 million in USDC withdrawn.
Bitcoin rebounded after falling to roughly $79,300 in a selloff dominated by long liquidations. The bounce has reached a former support level, but Bitcoin has yet to reclaim it as support.
PaperTrade says it is keeping PAPER non-transferable because a tradable token would expose the protocol to attacks. Delphi Digital's Jason Pagoulatos agrees the risk exists but criticizes changing the rules after users deposited.
Senator Richard Blumenthal wants Tether and Nxum to provide contracts, payment records, wallet addresses and lobbying communications by November 6. The inquiry concerns more than $6 million in reported payments to Nxum that began when Bo Hines held a stake and helped shape White House crypto policy.
An Argentine judge dismissed the LIBRA case against Javier Milei, Hayden Davis and nine others, finding no criminally relevant deception. Investors removed from the case are seeking a way to appeal.
Ether fell below $2,300 for the first time in two months, breaking its $2,350 support zone. It has lost about 15% over nearly four weeks, versus roughly 6% for Bitcoin.
Bitcoin Core will fast-track fixes for easily rediscovered flaws across all maintained releases and publish security advisories alongside the updates. Developers say AI makes these bugs easier to find, reducing the value of long disclosure embargoes.
Bitcoin's share of the crypto market held at 60.13% as altcoins posted steeper losses. Bitcoin fell 0.9% on the day, compared with 7.4% for ENA and 6.4% for DOT.
Pump.fun announced a two-week trading contest with $2.5 million for the three squads with the highest PNL. Signups close October 26, with prizes of $1.5 million, $750,000 and $250,000.
US spot Bitcoin ETFs ended the week with $301.2 million in net inflows, led by $565.7 million into BlackRock's IBIT. The weekly gain held despite $137.9 million in outflows on October 23.
TokenWorks donated the PunkStrategy contract to NODE Foundation, which cut its trading fee from 10% to 5%. TokenWorks’ former share of trading fees now goes to NODE.
Keystone confirmed that a website breach exposed customer names, contact details, shipping addresses and orders. Payment details, private keys and recovery phrases were not exposed; Keystone patched the flaw and warned customers about targeted scams.
Mudwater packs rose 88% in 24 hours toward 1 SOL after Adam Weitsman offered $100,000 for the first 1/1 legendary card.
Machi was liquidated five times in an hour, leaving roughly $5,000 in his account. He then opened a fresh 25x ETH long.
US Ethereum ETFs took in $4.4 million on October 23, following more than $1 billion in net outflows from October 1–22. Fidelity's FETH brought in $3.6 million; BlackRock's ETHA and ETHB recorded no net flows.
A trader’s roughly $111 million ETH long uses 10x leverage and is close to liquidation. A further ETH price drop of roughly $37 to $43 could liquidate the position.
The UK FCA says calling a crypto project decentralized does not automatically exempt it from regulation. It says “true DeFi” is not a legal concept.