Day: October 4, 2025

Confidential Lending Will Unlock Trillions for DeFi Markets

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Opinion by: Jason Delabays, blockchain ecosystem lead at Zama Despite decentralized finance’s (DeFi) recent resurgence, most capital in traditional finance remains out of reach. Most will blame scalability, regulation or poor UX. The real blocker is far more fundamental: a lack of confidentiality. Solve that, and trillions will be unlocked.  At its December 2021 peak, DeFi’s total value locked (TVL) hit an incredible $260 billion. Zoom out, however, and that figure starts to feel small, especially when the global financial system moves trillions every day. Foreign exchange alone sees over…

Hack Fears Grow After Dubious Post on X

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Is there a cause for concern? A recent post on X (formerly Twitter) raised suspicion that the co-founder of Pi Network, Nicolas Kokkalis, might have become a victim of a hacking attack. In the following lines, we will examine what happened and what every member of the community needs to know. Hack or Not? Earlier this week, one of Pi Network’s co-founders, Dr. Chengdiao Fan, announced that the project has deployed new decentralized exchange (DEX) and automated market maker (AMM) liquidity pool features to its blockchains. The tools (initially available…

SBF’s ‘Biggest Mistake’ Was Signing Over FTX To CEO John Ray

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Sam “SBF” Bankman-Fried, the founder and former CEO of the bankrupt cryptocurrency exchange FTX, said his “biggest mistake” during the $8 billion collapse was handing control of the company to new management — a decision he claims cost him a last-minute opportunity to save the firm. Bankman-Fried, once the leader of the $32 billion FTX exchange, is currently serving a 25-year prison sentence for seven felony charges related to the collapse of FTX and Alameda Research in November 2022, which resulted in an $8.9 billion loss of investor funds. Looking…

JPMorgan Analysts Predict $165K BTC Price

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Key takeaways: Wall Street’s year-end Bitcoin forecasts range from $133,000 to as high as $200,000. Most agree that persistent Bitcoin ETF inflows and gold correlation may shoot BTC to new record highs. Bitcoin (BTC) has bounced by over 13% in the past seven days and is inching toward its record high of $124,500. BTC/USD daily price chart. Source: TradingView Bitcoin is poised to reach new record levels by the end of 2025, according to top Wall Street and UK financial institutions. Citigroup sees BTC reaching $133,000 Citigroup expects Bitcoin to…

$7.43 Billion in Bitcoin Seized as Chinese Fraudster Finally Convicted in UK

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The Met’s head of economic and cybercrime command said that this is one of the largest money laundering cases in UK history. The Metropolitan Police have secured what is believed to be the world’s largest cryptocurrency seizure, valued at more than £5.5 billion, equivalent to approximately $7.43 billion, following a seven-year investigation into international money laundering. Zhimin Qian, 47, a Chinese national, was convicted at Southwark Crown Court on Monday, 29th September, after pleading guilty to acquiring and possessing criminal property in the form of cryptocurrency under the Proceeds of…

Crypto VCs Are Becoming More Conservative: Exec

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Crypto venture capitalists are dialing back their risk appetite, avoiding the hot flavor of the month and applying a more critical lens to investments, according to Bullish Capital Management director Sylvia To. “VCs are a lot more careful now. It’s not just a narrative play. Before you could throw a check and say, Oh, there’s another L1 but it’s going to be an Ethereum killer,” To told Cointelegraph during a sit-down interview at Token2049 in Singapore. “Then subsequently, you saw all these new chains forming,” she said, explaining that the…

Bitcoin Cycle Will Continue In ‘Some Form,’ Says Gemini Exec

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While Bitcoin’s four-year cycle may not play out exactly as it has in the past, that doesn’t mean the concept is entirely dead, according to a crypto executive. “I think when it comes to the four-year cycle, the reality is that it’s very likely that we’ll continue to see some form of a cycle,” crypto exchange Gemini’s head of APAC region, Saad Ahmed, told Cointelegraph during a sit-down interview at Token2049 in Singapore. “It ultimately stems from people get really excited and overextend themselves, and then you kind of see…

Can ETH Push Past Last Resistance Before $5K Target?

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Ethereum has rebounded strongly from late September lows and is now pressing back toward key resistance levels. The recent move has shifted momentum, but overbought conditions and supply zones could bring short-term challenges. Technical Analysis By Shayan The Daily Chart On the daily chart, ETH is trading above $4,500 inside its broader ascending channel. The asset reclaimed the $4,000 support area and pushed higher, but it’s now approaching the $4,800 resistance zone that capped previous rallies. The RSI stands around 57, still in neutral territory, showing there’s room for continuation…

Coinbase Applies For National Trust Company Charter

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Crypto exchange Coinbase has applied for a National Trust Company Charter with the Office of the Comptroller of the Currency (OCC), joining a growing number of US-based crypto companies pursuing the same license. “Coinbase is taking a significant step in expanding our business capabilities and regulatory oversight beyond the existing framework, paving the way for innovation and growth in building a modern financial system powered by digital assets,” Coinbase said in a statement on Friday. Coinbase pursues the license to “bridge the gap” with TradFi According to Coinbase, pursuing the…

Companies Weigh in as UK Prepares to Reverse Crypto ETN Ban

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The UK’s Financial Conduct Authority (FCA) is set to soon reverse a ban on crypto exchange-traded notes (ETNs) for retail investors enacted in 2019. According to an Aug. 1 notice, the UK watchdog will lift a ban on retail access to crypto ETNs starting on Wednesday, provided they are traded on an “FCA-approved, UK-based investment exchange.” Unlike exchange-traded funds (ETFs), which are still banned in the UK for retail investors, ETNs represented debt securities tied to crypto and not backed by any underlying assets. With the lifting of the ban…