A Roundup of Headlines from the Crypto World.
Today’s Top Caps
BTC $91K (+1.6%)
ETH $3025 (-0.1%)
USDT $1
XRP $2.21 (-1.2%)
BNB $895 (+0.5%)
Source: Coinmarketcap
Today's Top Gainers
FLR, SKY, VIRTUAL, KAS, PI
Source: Coinmarketcap 24HR Top100
Top ETF Tracker
BTC +21M, ETH +60M, SOL -8M, XRP +21M
Source: Coinmarketcap / Coinglass
Today's Top Headlines
Korean exchange Upbit is hacked again.
Around 54 Billion Korean Won ($36.8M) worth of tokens like Bonk, Sol, Jup and others was moved from Upbit’s hot wallets to unknown wallets. The exchange suspended all deposits and withdrawals to run a platform-wide security check, and moved remaining funds into cold storage.
Upbit has vowed to cover the losses using their own assets ensuring the end user will not be affected by the hack. Some of the stolen funds included $8-9M worth of LAYER token which has since been frozen.
This latest hack is the first large-scale incident to happen to the exchange since it had to reimburse $50M from an Ethereum hack in 2019.
Source: X
Strategy has unveiled a new credit rating dashboard showing that the company has a 70-year dividend runway to service its debt even if Bitcoin's price remains flat.
Source: Coinmarketcap X
Securitize gains EU approval to operate as tokenized trading and settlement system on Avalanche, becoming the first regulated digital securities operator in both US and EU.
Source: Cointelegraph X
A bitcoin mine in Mongolia during the freezing winter kept overheating and shutting down until engineers installed cameras and found the reason was stray cats sleeping on the warm machines, blocking ventilation and forcing the mining rigs into automatic shutdown.
Source: DocumentingBTC X
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Multiple high-inflation countries are accelerating the use of crypto assets as an alternative store of value.
Chainalysis data shows that from July 2024 to June 2025, Turkey recorded $200 billion in crypto transaction volume (local inflation around 32%), Argentina $93.9 billion (inflation around 31%), Nigeria $92.1 billion (inflation around 16%), Venezuela $44.6 billion (inflation over 170%), and Bolivia $14.8 billion (inflation around 22%).
Source: WuBlockchain X
Vitalik Buterin donates 128 $ETH each to Session and SimpleXChat in support of encrypted messaging apps advancing permissionless accounts and metadata privacy.
Source: Cointelegraph X
Tom Lee says on October 10th one third of the crypto market makers went out of business during the $19 billion dollar liquidation event.
Source: TheBTCTherapist X
Until Next Time, Stay Frosty!
