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Found 5759 news

  • Kadena blames ‘market conditions’ as founding team exits, tanking token
    Cointelegraph.com - 23:20 Oct 21, 2025
    The team behind the Kadena blockchain said it is no longer able to continue business operations and will cease maintenance of the network immediately. The native token behind the Kadena layer 1 blockchain plummeted 60% in 90 minutes on Tuesday after its founding team announced it was winding down and ceasing all network maintenance due to “market conditions.”  In a post to X on Tuesday, Kadena said it “is no longer able to continue business operations and will be ceasing all business activity and active maintenance of the Kadena blockchain immediately.” “We are tremendously grateful to everybody who has participated in this journey with us. We regret that because of market conditions we are unable to continue to promote and support the adoption of this unique decentralized offering,” it said.  Read more
    Tags: Kadena
  • Maple Finance stablecoins debut on Aave’s onchain lending markets
    Cointelegraph.com - 22:05 Oct 21, 2025
    The partnership links Aave’s liquidity with Maple Finance’s institutional credit pools, introducing yield-bearing stablecoins to Aave's lending markets. Lending protocol Aave has partnered with onchain credit platform Maple Finance to connect institutional capital with decentralized liquidity.  Announced on Tuesday, the integration will introduce Maple’s yield-bearing stablecoins — syrupUSDC and syrupUSDT — to Aave. SyrupUSDC will be listed in Aave’s core market, while syrupUSDT will be available in its Plasma instance. The tokens are backed by assets from Maple’s onchain credit pools, which manage billions of dollars in institutional capital from allocators and borrowers. According to Maple, the move is intended to “stabilize borrow demand and improve capital efficiency” across Aave’s markets. Read more
  • Ocean Protocol’s team faces $250K bounty after $120M crypto dump allegations
    Cointelegraph.com - 21:31 Oct 21, 2025
    While Ocean Protocol denied the allegations, onchain data points to an Ocean Protocol-linked multisignature wallet converting about 661 million Ocean tokens into 286 million FET. The ongoing feud between Fetch.ai CEO Humayun Sheikh and Ocean Protocol Foundation took another twist, as the CEO issued a bounty for more information related to an alleged misappropriation of tokens worth millions of dollars. Sheikh, in an X post on Tuesday, offered a $250,000 reward for more information on the signatories of OceanDAO’s multisignature wallet and their connection to the Ocean Protocol Foundation. A multisignature or multisig wallet is a cryptocurrency wallet that requires multiple signatures to execute and process a transaction. Read more
  • Ethereum enters final testnet phase ahead of Dec. 3 Fusaka upgrade
    Cointelegraph.com - 21:18 Oct 21, 2025
    The cap on individual transactions aims to improve block efficiency, reduce DoS risks and lay the groundwork for parallel execution in future upgrades like Glamsterdam. Ethereum is entering the final testnet phase of its Fusaka upgrade, the last major step before its expected mainnet rollout on Dec. 3. The update introduces a per-transaction gas cap of roughly 16.78 million units to enhance block efficiency and prepare the network for parallel execution. The change, already active on the Holesky and Sepolia testnets, is designed to prevent single transactions from consuming an entire block’s gas. Previously, a single transaction could use up to the full block gas limit of around 45 million, posing potential denial-of-service risks and limiting scalability.  A gas cap limits how much processing power a single transaction can use, ensuring no transaction can monopolize an entire block, and allowing the network to handle activity more evenly. Read more
  • Bitcoin rally to $114K highlights futures traders’ improving confidence
    Cointelegraph.com - 20:03 Oct 21, 2025
    Crypto futures traders are returning to the market and opening fresh positions as Bitcoin, SOL and ETH rallied into overhead resistance levels today. Key points: Rising spot and futures volumes show traders venturing back into the crypto market. Traders are positioning for upside, but charts hint that swing traders will sell intra-day rally tops. Read more
    Tags: Bitcoin
  • Bitcoin whale opens $235M BTC short, after netting $200M from market crash
    Cointelegraph.com - 19:36 Oct 21, 2025
    The $11 billion Bitcoin whale made millions in profit from last week’s crypto market crash and continues betting on more downside. The $11 billion Bitcoin whale is back with another massive short position, signaling that some large investors are hedging for more crypto market downside amid the tariff concerns and ongoing government shutdown. The Bitcoin whale, which is crypto slang for a large investor, returned with a $235 million 10-times leveraged short position on Bitcoin (BTC), which is a de facto bet on the price decline of the world’s first cryptocurrency. The large investor opened the short position on Monday, when Bitcoin was trading at $111,190. He currently faces a $2.6 million unrealized loss on the short bet, which stands to be liquidated if Bitcoin’s price surpasses $112,368, according to Hypurrscan blockchain data. Read more
    Tags: Bitcoin
  • Galaxy Digital reports $505M Q3 profit on trading surge, institutional demand
    Cointelegraph.com - 18:45 Oct 21, 2025
    Galaxy Digital reported higher quarterly profit as trading volumes increased 140%, reflecting stronger institutional activity in crypto markets. Galaxy Digital reported strong third-quarter earnings results, driven primarily by higher trading activity and continued expansion in asset management, signaling steady institutional interest in crypto-focused financial services. The company reported net income of $505 million for the quarter ending Sept. 30, with adjusted earnings of $629 million, boosted by record results in its digital asset operations and investment gains. Galaxy closed the quarter with $3.2 billion in equity, including $1.9 billion in cash and stablecoins. Trading volumes jumped 140% from the previous quarter, fueled by increased spot and derivatives volumes. The quarter included the execution of a major client transaction involving the sale of more than 80,000 Bitcoin (BTC) — one of the largest crypto trades to date.  Read more
  • SharpLink adds 19,000 ETH, lifting holdings to $3.5B as companies buy the dip
    Cointelegraph.com - 18:27 Oct 21, 2025
    SharpLink increased its ETH holdings following a $76.5 million raise, with staking rewards topping $23 million since its treasury launch in June. SharpLink Gaming has expanded its Ether treasury to 859,853 ETH, worth roughly $3.5 billion, following a $76.5 million capital raise completed on Friday.  The company announced the acquisition of an additional 19,271 ETH at an average cost of $3,892 per Ether (ETH) in a press release on Tuesday. SharpLink earned 5,671 ETH in staking rewards since launching its Ethereum treasury strategy in June. At current prices of about $4,100 per ETH, those rewards are worth around $23.25 million. Read more
  • Bitcoin whales quietly embrace BlackRock ETF following SEC rule change
    Cointelegraph.com - 16:32 Oct 21, 2025
    Bitcoin’s biggest holders are moving billions into ETFs like BlackRock’s IBIT, signaling a new phase of institutional adoption. Large Bitcoin holders who accumulated the cryptocurrency early, commonly known as whales, are increasingly moving their holdings into exchange-traded funds (ETFs), with asset managers such as BlackRock actively courting them. In an interview with Bloomberg, Robbie Mitchnick, BlackRock’s head of digital assets, said the company has already facilitated more than $3 billion worth of these conversions into its iShares spot Bitcoin ETF (IBIT). After years of self-custody, many whales are recognizing “the convenience of being able to hold their exposure within their existing financial adviser or private-bank relationship,” Mitchnick said.  Read more
  • Fed mulls ‘skinny’ payment accounts to open rails for fintech, crypto firms
    Cointelegraph.com - 16:12 Oct 21, 2025
    Industry watchers welcomed the idea of “skinny” master accounts as another sign of the end of crypto’s banking troubles, in what insiders describe as “Operation Chokepoint 2.0.” The US Federal Reserve is considering the introduction of a new type of payment account that would make it easier for smaller companies to participate in the central bank’s payment system, signaling the end of the crypto industry’s banking access challenges. The newly floated “payment accounts” would seek to grant full access to fintech companies seeking to utilize the Fed's payment services, which are currently reserved for large banks and financial institutions through the Fed's “master accounts." “I believe we can and should do more to support those actively transforming the payment system,” said Fed Governor Christopher J. Waller during his speech at the Payments Innovation Conference on Tuesday, adding: Read more
  • Andrew Cuomo’s crypto Hail Mary unlikely to give an edge over Mamdani
    Cointelegraph.com - 15:10 Oct 21, 2025
    As the New York mayor’s race draws to a culmination, Andrew Cuomo has developed a crypto and AI strategy for the city. Former New York Governor Andrew Cuomo lags far behind Democratic frontrunner Zohran Mamdani despite unveiling his proposal to make the city a crypto hub. Cuomo’s plan, announced on Sunday, would create a new office that would be responsible for attracting emerging tech companies, including cryptocurrencies and blockchain. The move follows similar initiatives from outgoing Mayor Eric Adams, which have yielded mixed results so far. The mayor’s office reported that many crypto startups have appeared in New York, while existing crypto businesses have not seen much change. Some have noted that the mayor’s office generally has little influence over how or whether the crypto industry develops. Read more
  • California just drew the line between crypto and cash: Here’s why it matters
    Cointelegraph.com - 15:00 Oct 21, 2025
    California’s SB 822 ends forced crypto sell-offs and requires holders to send in-kind transfers of unclaimed crypto to the state, promoting stronger consumer rights. California’s Senate Bill 822 (SB 822), signed into law by Governor Gavin Newsom in October 2025, makes California the first US state to protect unclaimed crypto assets from forced liquidation. Treating digital assets similarly to bank accounts and securities, SB 822 requires unclaimed cryptocurrencies to be transferred in their native form rather than immediately liquidated. This helps prevent forced liquidation of assets like Bitcoin (BTC) or Ether (ETH), which could otherwise trigger taxable events for holders without their consent. Read more
  • Bitcoin taps $110K as BTC price diverges from 5% gold correction
    Cointelegraph.com - 14:50 Oct 21, 2025
    Bitcoin returned to $110,000 after bouncing at the weekend's CME futures gap, contrasting with 5.5% daily losses and a potential double top for gold. Key points: Bitcoin stays volatile into the Wall Street open with $110,000 making a reappearance. Liquidity conditions thicken around price as the 21-week moving average now important to reclaim. Read more
    Tags: Bitcoin
  • How Batched Threshold Encryption could end extractive MEV and make DeFi fair again
    Cointelegraph.com - 14:48 Oct 21, 2025
    BTE offers epochless, constant-size decryption shares (as small as 48 bytes) that can help layer-2 rollups to achieve pending transaction privacy. Batched Threshold Encryption (BTE) builds on foundational concepts such as threshold cryptography, which enable secure collaboration among multiple parties without exposing sensitive data to any single participant. BTE is an evolution of the earliest TE-encrypted mempool schemes, such as Shutter, which we have covered previously. For now, all existing work on BTE remains at the prototype or research stage, but it could shape the future of decentralized ledgers if successful. This creates a clear opportunity for more research and potential adoption, which we will explore in this article.  On most modern blockchains, transaction data is publicly viewable in the mempool before it is sequenced, executed and confirmed in a block. This transparency creates avenues for sophisticated parties to engage in extractive practices known as Maximal Extractable Value (MEV). MEV ex...
  • Fake social media accounts: The rise of Cointelegraph impersonators, explained
    Cointelegraph.com - 14:09 Oct 21, 2025
    Fake “Cointelegraph” accounts are scamming crypto users. Learn how to spot impostors, verify identities and stay protected in 2025. If you’re a tier-1 crypto media sales representative in 2025, chances are you have an impersonator. These are often fake Telegram, X or LinkedIn accounts offering “Tier-1 PR” to unsuspecting businesses, only to share a personal USDT wallet address when it’s time to pay. Cointelegraph has seen plenty of such cases. In October 2025 alone, a Telegram profile styled as “Tobias Vilkenson | Cointelegraph” messaged BNB Chain to “set up a time to chat and feature BNB Chain in a Cointelegraph article,” linking to an X account under the same name with more than 6,000 followers. It’s a textbook impostor play: borrowing a newsroom’s credibility, promising coverage and moving targets into private direct messages (DMs) where the scam continues. Read more
  • Binance’s $33M charity gift becomes Malta’s political minefield
    Cointelegraph.com - 13:47 Oct 21, 2025
    Malta’s Finance Minister Clyde Caruana backed a government-run charity’s decision to reject a now $33 million Binance donation due to reputational concerns. Malta’s finance minister backed a government-run charity’s decision to reject a multimillion-dollar crypto donation from Binance Charity, saying the refusal was the right call despite the funds’ ballooning value, according to the Times of Malta. Finance Minister Clyde Caruana reportedly said Tuesday he supported the Malta Community Chest Fund’s decision to decline a 30,644 BNB (BNB) donation, worth about $200,000 in 2018 but now valued at roughly $33 million. “You either give to charity or you don’t,” he told the Times of Malta. “Don’t dance around it.” Read more
  • The P2E apocalypse is gaming’s best news
    Cointelegraph.com - 13:30 Oct 21, 2025
    Play-to-earn gaming’s collapse isn’t a crisis; it’s a necessary reset that will force developers to prioritize fun over financial extraction mechanics. Opinion by: Tobin Kuo, founder and CEO of Seraph Play-to-earn (P2E) had a moment — “had” its moment — but that’s the problem. Its time has passed. The thrill was the payout, not the play, not the result, which looked less like a game and more like shift work with a user interface.  To be fair, the experiments weren’t worthless. They proved that wallets can be controllers, assets can be portable, and communities can co-own the worlds they love. But it shouldn’t — and can’t — be denied that subsidies bent every design choice toward leeching mechanics. Everything was extraction: recruit, inflate, cash out and repeat.  Read more
  • Bitcoin to suffer if it can’t catch gold, XRP bulls back in the fight: Trade Secrets
    Cointelegraph.com - 13:20 Oct 21, 2025
    Bitcoin traders expect the asset to “bounce soon,” while an XRP DAT and looming ETF approvals brought bulls back out to fight: Trade Secrets. Welcome to Trade Secrets Bitcoin and Ether price predictions from top analysts, along with options data, sentiment analysis and prediction markets to determine what they can tell us about the months and years ahead. Bitcoin is facing a critical two-month countdown before market sentiment could shift dramatically for the asset, warns crypto analyst Will Clemente. If Bitcoin doesnt catch up to gold/stocks by EOY, on a risk-adjusted basis, its going to be tougher to make a case for it going forward as anything more than a diversifier, Clemente said. Read more
  • Bitcoin to suffer if it can’t catch gold, XRP bulls back in the fight: Trade Secrets
    Cointelegraph.com - 13:20 Oct 21, 2025
    Bitcoin traders expect the asset to “bounce soon,” while an XRP DAT and looming ETF approvals brought bulls back out to fight: Trade Secrets. Welcome to Trade Secrets Bitcoin and Ether price predictions from top analysts, along with options data, sentiment analysis and prediction markets to determine what they can tell us about the months and years ahead. Bitcoin is facing a critical two-month countdown before market sentiment could shift dramatically for the asset, warns crypto analyst Will Clemente. If Bitcoin doesnt catch up to gold/stocks by EOY, on a risk-adjusted basis, its going to be tougher to make a case for it going forward as anything more than a diversifier, Clemente said. Read more
  • Bitcoin to suffer if it can’t catch gold, XRP bulls back in the fight: Trade Secrets
    Cointelegraph.com - 13:20 Oct 21, 2025
    Bitcoin traders expect the asset to “bounce soon,” while an XRP DAT and looming ETF approvals brought bulls back out to fight: Trade Secrets. Welcome to Trade Secrets Bitcoin and Ether price predictions from top analysts, along with options data, sentiment analysis and prediction markets to determine what they can tell us about the months and years ahead. Bitcoin is facing a critical two-month countdown before market sentiment could shift dramatically for the asset, warns crypto analyst Will Clemente. If Bitcoin doesnt catch up to gold/stocks by EOY, on a risk-adjusted basis, its going to be tougher to make a case for it going forward as anything more than a diversifier, Clemente said. Read more

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