Author: John Smith

OKX now backs customer funds with $35.4 billion in primary assets, a 75% annual surge, as its 36th consecutive PoR report establishes a new verifiable benchmark for an industry under regulatory scrutiny. Summary OKX marks three years of continuous Proof of Reserves reporting, confirming $35.4B in fully backed assets across 22 tokens. The exchange reports 75% year-over-year growth in reserves and 100%+ coverage for major assets like BTC, ETH, and USDT. User verification is surging, with ZK audits up 386% and “View My Audit” engagement up 123%. In a press release shared with crypto.news on Oct. 30, OKX announced that…

XRP price continued its recent crash, mirroring the performance of the stock and crypto market.  Summary XRP price has crashed this week as the crypto market plunge accelerated.  The token is about to form a death cross pattern on the daily chart. Ripple has also formed a break-and-retest pattern. Ripple (XRP) token dropped to a low of $2.4400, its lowest level since October 24 and 35% below the highest point this year. This plunge brought its market cap to over $157 billion.  XRP price dropped as because of the ongoing crypto market crash after the Federal Reserve decision and Donald…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. BlockDAG presale nears $435m with 312k holders as final batch opens before its February 2026 exchange debut. Summary BlockDAG’s presale hits $435m with 312k holders, marking it as one of the fastest-growing crypto projects. In its 32nd batch at $0.005, BlockDAG nears the end of presale before listing at $0.05 in February 2026. With 20k miners sold and massive community backing, BlockDAG could be the decade’s top Layer-1 breakout. Watching the market is a wild ride. The Stellar (XLM)…

Webull has started offering crypto futures for Solana, XRP, and Dogecoin, and more. Group President Anthony Denier explains why. Summary Webull lists major altcoins through its partnership with Coinbase Derivatives The trading platform will list Dogecoin, Solana, XRP, Litecoin, Nano XRP, and Nano Solana Webull Group President Anthony Denier talks about how institutions are driving the futures boom Webull is taking another step toward democratizing crypto derivatives. On Thursday, October 30, the investment platform rolled out futures contracts for major altcoins like Solana, XRP, and Dogecoin, through its ongoing partnership with Coinbase Derivatives. Specifically, Webull will offer futures contracts for…

Bank Indonesia plans to release its own version of a “national stablecoin” backed by government bonds. The digital securities will be backed by the digital rupiah. Summary Bank Indonesia plans to issue tokenized government bonds backed by the digital rupiah, described by Governor Perry Warjiyo as Indonesia’s “national version of a stablecoin.” The initiative reflects Indonesia’s push to strengthen the rupiah and join the regional stablecoin race as the OJK tightens oversight amid record currency lows. According to a report by CNBC Indonesia, Bank Indonesia Governor Perry Warjiyo announced that the central bank is working to develop digital central bank…

Crypto liquidations within the past 24 hours have reached $825 million, with long positions dominating. The market crash comes as major altcoins begin to drop in value. Summary The crypto market saw a massive $825.4 million in total liquidations on Oct. 30, with long positions making up over 79% of the total. Bitcoin led the losses with $310.3 million in long liquidations. The market cap dropped 1.6% to $3.8 trillion as Bitcoin, Ethereum, and major altcoins like Solana and XRP saw sharp declines. The downturn was fueled by post-Fed rate cut uncertainty, excessive leverage, and fading investor momentum despite new…

Pi Network Ventures has made its first-ever investment by backing OpenMind, a company developing a decentralized OS for robots, building on the momentum of OpenMind’s earlier $20M funding round. Summary OpenMind is developing OM1, a hardware-agnostic OS for robots, and FABRIC, a protocol that enables secure identity verification, collaboration, and coordination across machines. A proof-of-concept experiment using Pi Network’s 350,000+ nodes demonstrated that the decentralized network can handle real AI workloads, allowing node operators to earn Pi for contributing compute power. Following the pilot, OpenMind plans to expand OM1 and FABRIC development, refine pilot programs, and onboard additional partners over…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Momentum in crypto is turning toward projects with real users and clear payment utility. Solana, Ripple, and Remittix lead that trend into 2025. Summary Solana and Ripple show steady adoption through new payment rails and institutional products. Remittix raises $27.7m and launches a wallet beta focused on low-cost cross-border transfers. Clear use cases and simple access put these names on traders’ 2025 watchlists. Momentum is shifting toward networks with speed, access, and real users. Solana keeps winning headlines while…

A crypto firm tied to a U.S. president Donald Trump is exploring a deal to acquire U.S. operations a major crowdfunding platform. Summary Fight Fight Fight LLC is in talks to buy Republic’s U.S. business. The deal could integrate the TRUMP token into crowdfunding and startup investing. Talks follow Coinbase’s $375M acquisition of Echo amid pro-crypto policy shifts. Fight Fight Fight LLC, the company behind the Trump-linked memecoin, is in discussions to acquire the U.S. operations of crowdfunding platform Republic. This is according to an Oct. 30 report by Bloomberg, citing people familiar with the matter. The move could give…

Markets got the rate cut they wanted, but along with it, a sobering message from the Fed they didn’t see coming. Jerome Powell’s warning that more easing may not be in the cards this year rattled investors, sending the Dow into a reversal and triggering a bloodbath in the crypto market led by Bitcoin. Summary The Federal Reserve cut interest rates by 0.25%, lowering the benchmark range to 3.75–4%. Chair Jerome Powell signaled no guarantee of further cuts in December, citing inflation and labor risks. Stocks reversed record gains while Bitcoin and major cryptocurrencies tumbled, triggering a broad risk-off retreat.…