The Protocol: Monad Airdrop Portal Opens as Token Launch Nears
The Monad protocol opened its airdrop portal as it prepares for an imminent token launch, enabling users to claim allocations ahead of distribution and signaling a key milestone in its rollout. The announcement comes alongside broader crypto infrastructure updates—Ethereum’s Sepolia testnet received the Fusaka upgrade, Monero deployed a privacy-enhancing node update, and the Ethereum Foundation said it will expand efforts into privacy tools. Together these developments could accelerate developer testing and user adoption while heightening market attention on privacy-focused tooling and token-driven governance, raising stakes for liquidity, network security, and regulatory scrutiny.
SoloTex Set to Bring Tokenized Stocks to U.S. Retail Traders With FINRA Green Light
SoloTex, a platform built by Texture Capital and Sologenic, has secured FINRA approval to offer tokenized, on‑chain stock ownership to U.S. retail investors, executives said. The move aims to let retail users hold real digital representations of equities on blockchain...
Bitcoin Miner Stocks Continue Surge, With BlackRock, Nvidia, Microsoft Joining in $40B AI Data Center Bet
Bitcoin miner stocks rallied as BlackRock, Nvidia and Microsoft joined a roughly $40 billion investment to build AI data centers, marking the first deployment by the newly formed Artificial Intelligence Infrastructure Partnership. The move is part of a broader plan...
Analysis: DATs Keep Buying Bitcoin, Outperforming ETFs Is the Hard Part
Digital Asset Treasuries (DATs) continue to accumulate bitcoin but have largely failed to outperform holding spot BTC or ETF products, with most corporate treasuries—including MicroStrategy and GameStop—lagging Bitcoin’s roughly 23% year-to-date gain. Only a few outliers, such as Twenty One...
Coinbase to Increase Investment in One of India’s Largest Crypto Exchanges
Coinbase has agreed to invest in CoinDCX, one of India’s largest crypto exchanges, in a deal that values the company at $2.45 billion post-money and remains subject to regulatory approvals. CoinDCX reported July 2025 annualized group revenue of 11.79 billion...
The Crypto Liquidation Crisis Highlighted OTC Desks as Crucial Shock Absorbers, Finery Markets Says
A sudden crypto sell-off that saw Bitcoin tumble from about $122,000 to $103,000 and a brief USDe depeg to $0.65 on Binance triggered widespread altcoin losses, but Finery Markets says over-the-counter (OTC) desks absorbed much of the shock. The firm...
Stripe's Bridge Applies for National Bank Trust Charter to Expand Stablecoin Business
Bridge, the stablecoin infrastructure firm acquired by Stripe, has applied for a national bank trust charter from the U.S. Office of the Comptroller of the Currency, a move aimed at enhancing its regulatory framework to support the burgeoning stablecoin market....
U.S. Targets Cambodian Pig Butchering, Takes $14B in Bitcoin as Biggest Ever Seizure
U.S. authorities have launched a major crackdown on the Prince Group, a Cambodian conglomerate linked to forced-labor scams, including notorious "pig butchering" schemes that defraud Americans. The Justice Department has indicted the group's leader, Chen Zhi, for money laundering and...
Citigroup CEO Backs Tokenized Deposits, Says Too Much Focus on Stablecoins
Citigroup CEO Jane Fraser has endorsed tokenized deposits as the future cornerstone of digital finance, arguing they offer superior infrastructure and compliance advantages over stablecoins. Speaking during the bank's third-quarter earnings call, Fraser highlighted that Citi's tokenized services can now...
XLM Suffers Massive Sell-Off on Heavy Volume Spike
Stellar's XLM token experienced a significant sell-off, plunging 8% from $0.36 to $0.33 on October 14, 2025, amid a spike in trading volume to 63.1 million tokens, surpassing its 24-hour average of 36.85 million. The decline intensified after XLM broke...
Monad Opens Airdrop Portal Ahead of Token Launch
Monad Foundation has launched its airdrop portal ahead of the highly anticipated MON token launch, allowing users to verify eligibility until November 3, 2025. The initiative targets approximately 230,500 individuals, including 5,500 core community members and 225,000 broader crypto users,...
CoinDesk 20 Performance Update: Index Plunges 6.2% as All Constituents Trade Lower
The CoinDesk 20 Index has experienced a significant decline of 6.2%, dropping to 3683.7 as of Monday afternoon, with all constituent cryptocurrencies trading lower. Bitcoin fell 3.9% and Bitcoin Cash dropped 5.6%, while NEAR and SUI were notable laggards, decreasing...
Is Elon Musk Getting Interested in Bitcoin Again?
Elon Musk has reignited interest in Bitcoin, suggesting a renewed focus on its energy-based value during a recent online discussion. This comes after Tesla's significant $1.5 billion investment in Bitcoin in 2021, followed by a withdrawal from accepting it as...
Circle Can Withstand Rate Cuts as Stablecoin Demand Grows: Bernstein
Circle, the issuer of the USDC stablecoin, is projected to maintain profitability despite potential revenue pressures from declining U.S. interest rates, according to Bernstein. The firm estimates a 9% revenue drop for every 25 basis points cut, yet anticipates robust...
Asia Morning Briefing: China Renaissance’s BNB Treasury Highlights a Shift in Asia’s Crypto Playbook
China Renaissance's Enflux has announced a $600 million initiative focusing on infrastructure tokens, signaling a strategic pivot in Asia's cryptocurrency landscape. This move highlights a growing preference among Asian investors for assets that facilitate transaction efficiency rather than traditional store-of-value...
Investment Bank China Renaissance Plans $600M BNB Treasury With YZi Labs: Bloomberg
The proposed investment vehicle would be a publicly traded US company designed to buy and hold BNB, marking one of the largest single bets on BNB by a publicly listed entity.
Hyperliquid’s HIP-3 Upgrade to Unlock Permissionless Perp Market Creation
The upgrade marks a major step toward decentralizing Hyperliquid’s derivatives infrastructure, giving builders the ability to launch perpetual futures markets directly onchain.
Synthetix Soars 120% as Derivatives Hype Reignites DeFi’s 'Dino Coin'
The DeFi veteran’s 120% surge comes ahead of a new perpetuals DEX launch and a high-profile trading competition that could reignite interest in legacy protocols.
Ethereum's Fusaka Testing and Continued U.S. Government Shutdown: Crypto Week Ahead
Your look at what's coming in the week starting Oct. 13.
Binance to Compensate Users Affected by Crash in wBETH, BNSOL, and Ethena’s USDe
Wrapped tokens crashed as Binance's infrastructure buckled, making it harder for market makers to stabilize prices.
Green Shoots on China Lifts Crypto in Sunday Action
Both Beijing and Washington moved to calm trade tensions over the weekend.
Q4 Crypto Surge? Historical Trends, Fed Shift and ETF Demand Align
With interest rates at a 3-year low and $18 billion in ETF inflows, CoinDesk Indices sees a strong setup for continued gains in BTC and altcoins.
Coinbase’s Upcoming Amex Card With BTC Cashback: Everything We Know So Far
Coinbase is planning to launch an Amex card whose design and rewards program are aimed squarely at bitcoiners — or those who want to become one.
XRP Rebounds Sharply After 41% Flash Crash, Reclaims $2.47 Support
The session’s $1.14 range — from $2.77 down to $1.64 — was one of the widest in XRP’s 2025 trading history, driven by macro-led deleveraging and heavy futures liquidations across major venues.
AAVE Sees 64% Flash Crash as DeFi Protocol Endures 'Largest Stress Test'
The largest decentralized lending protocol processed $180 million collateral liquidation within an hour on Friday, proving its resilience, founder Stani Kulechov said.
Blockchain Will Drive the Agent-to-Agent AI Marketplace Boom
For agents to be truly autonomous they need to have access to resources and self-custody their assets: programmable, permissionless, and composable blockchains are the ideal substrate for agents to do so, Olas’ David Minarsch argues.
‘Bitcoin Is Not an Asset Class,’ Says One of UK’s Largest Retail Investment Platforms
Hargreaves Lansdown says bitcoin lacks intrinsic value and shouldn’t be part of portfolios, even as it prepares to launch crypto ETN trading for clients early next year.
Gold-Backed Tokens Hold Firm in $19B Crypto Rout, But Rally May Be Near Exhaustion
These gold-backed tokens have been a refuge for crypto investors, with year-to-date gains of over 50%, mirroring gold's historic rally.
BTC, ETH, XRP, SOL Face Slow Bottoming Process After $16B Liquidation Shock
The multi-step bottoming process could be slow due to several reasons, including liquidity constraints over the weekend and slow absorption of supply.
