Day: October 14, 2025

Exclusively obtained orderbook data reveals details about USDE crash

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The recent crash on Oct. 10 was the largest liquidation event in the crypto market’s history. More than $19 B was liquidated, according to CoinGlass data, leading to a $65 B decline in open interest. This number dwarfs other memorable liquidation cascades such as the COVID-19 crash with $1.2 B, or even the FTX collapse at $1.6 B in liquidations.  In the aftermath, consensus among investigators emerged that the event was at least partially caused by vulnerable pricing oracles on the Binance exchange. The collateral value of three pegged crypto…

Japan’s Financial Regulator to Ban Crypto Insider Trading

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Japan’s securities regulator is reportedly set to introduce regulations to ban and punish crypto insider trading, bringing it more in line with how the country handles stock trading. Japan’s Securities and Exchange Surveillance Commission would be authorized to investigate suspicious trading activity and hit violators with fines based on how much they profited from insider trading, Nikkei Asia reported on Tuesday.  The securities regulator would also make criminal referrals in more serious cases. There are no insider trading rules under the Financial Instruments and Exchange Act that cover crypto, and…

Android Vulnerability Endangers Recovery Phrases, 2FA Codes

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A newly discovered Android vulnerability enables malicious applications to access content displayed by other apps, potentially compromising crypto wallet recovery phrases, two-factor authentication (2FA) codes and more. According to a recent research paper, the “Pixnapping” attack “bypasses all browser mitigations and can even steal secrets from non-browser apps.” This is possible by leveraging Android application programming interfaces (API) to calculate the content of a specific pixel displayed by a different application. This is not as simple as the malicious application requesting and accessing the display content of another application. Instead,…

Crypto Market Shows Pain and Potential After Massive Liquidation Event: Bitfinex Alpha

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This period of positive seasonality could create a favorable environment for BTC and the broader crypto market to recover from the aftermath of the liquidation event. Last weekend, the crypto market experienced one of its most dramatic days in history. Bitcoin’s 18% pulldown triggered over $19 billion in liquidations within hours, the largest such event ever recorded. Cryptocurrencies and investor portfolios bled significantly, driving a massive wave of selling in the spot market. Now that the worst is over, the market is still reeling from the pain and navigating…

Binance Rolls Out $400M Program for Traders Hit by Friday’s Downturn

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Binance is launching a $400 million relief program for traders affected by losses across its ecosystem during Friday’s crypto sell-off, despite saying it does not accept liability for user losses. According to a Tuesday post by the exchange, the initiative will distribute $300 million worth of token vouchers, ranging in value from $4 to $6,000, to eligible users. To qualify, traders must have incurred forced liquidations on futures or margin positions between Oct. 10, 2025, 00:00 UTC and Oct. 11, 2025, 23:59 UTC. Users must have lost at least $50…

House bill aims to codify Trump’s 401(k) order on crypto and private equity

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A lawmaker in the US House of Representatives has reportedly introduced a bill that would codify — make into law — an executive order by President Donald Trump allowing alternative assets such as cryptocurrencies to be included in 401(k) retirement accounts. Republican Representative Troy Downing introduced a draft bill in the House Financial Services Committee that would give Executive Order 14330 the force of law, Politico reported on Tuesday. The order, which Trump issued on Aug. 7, says every American preparing for retirement should have access to funds that include…

US Gov’t Could Add $14B to Crypto Reserves as Part of Forfeiture Case

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A US federal court has unsealed a criminal indictment involving a massive cryptocurrency fraud scheme that could result in the government increasing its national Bitcoin reserves by $14 billion. In a Tuesday notice from the US Justice Department, authorities said they had filed a forfeiture complaint against 127,271 Bitcoin (BTC), worth about $14.4 billion at the time of publication. The Bitcoin was tied to an indictment against Chen Zhi, founder and chair of a Cambodia-based company that was allegedly responsible for orchestrating “pig butchering” crypto investment schemes. Civil forfeiture complaint…

XRP Analyst Claims Chart Manipulation, Sets $1.40 Ripple Baseline

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XRP drops 18% in a week as analyst EGRAG CRYPTO rejects major exchange data, sets $1.40 as new chart baseline amid market uncertainty. XRP is trading at $2.43 at press time, down 7% in the past 24 hours and 18% over the last week, according to CoinGecko. A crypto analyst has raised concerns about price inconsistencies across exchanges and announced a shift in how XRP charts will be interpreted going forward. Analyst Rejects Exchange Data, Chooses New Price Source Crypto analyst EGRAG CRYPTO says price data for XRP is…

Brazil’s BRLV Stablecoin Opens Access to High Bond Yields

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Crown, a São Paulo-based fintech company, has raised $8.1 million to launch a Brazilian real–denominated stablecoin designed to give institutional investors access to Brazil’s high-yield fixed-income market.  The new stablecoin, called BRLV, could make it easier for global investors to tap the country’s double-digit interest rates, which are often difficult to reach due to local regulations and capital controls. BRLV is fully backed by Brazilian government bonds, which offer yields far higher than those in more mature economies.  According to TradingEconomics, the 10-year Brazilian government bond yield is about 14%,…

TradFi, Whales Buy Sub-$200 SOL Ahead Of ETF Decision

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Key takeaways: 76% of retail traders are net long on Solana, a historically bullish signal. Treasury firms and institutions are accumulating SOL below $200. Whale activity is rising ahead of the spot SOL ETF decision on Oct. 16. Solana (SOL) prices under $200 could be an undervalued range, according to new data highlighting a rare bullish skew among retail traders. Onchain analytics platform Hyblock said that SOL is currently the only major crypto asset that has the highest percentile when it comes to true retail long percentage (TRA). The trading…