Author: John Smith

A crucial catalyst for the crypto market was supposed to be Friday’s U.S. non-farm payrolls data, but that’s now in limbo due to the government shutdown, which is currently in its fourth day. Summary The crypto market would have reacted to the upcoming U.S. non-farm payrolls data. Some top coins like Zora, Optimism, and EigenLayer will have token unlocks. This week marks the start of the fourth quarter, which is the best one for cryptocurrencies. Economists polled by Reuters expect the report to show the economy added 39,000 jobs in September, up from 22,000 in August. The unemployment rate is…

India’s Enforcement Directorate (ED) has uncovered a transcontinental money laundering operation centered on the illegal trading platform OctaFX. Summary ED uncovers $90m crypto-linked laundering by OctaFX Cyber fraud losses for Indians soared 206% in 2024, topping $2.56B in scams Shell firms, fake imports, and hawala used to move crime funds into crypto ED seizes $19m in assets across multiple jurisdictions The platform allegedly generated ₹800 crore ($90 million) in criminal proceeds from its Indian operations in just nine months. OctaFX, incorporated in Cyprus—with promoters based in Russia, technical support in Georgia, operations managed from Dubai, and servers in Barcelona—became part…

Ethereum price is off to a strong start in October, fueled by the so-called ‘Uptober’ rally and surging inflows into exchange-traded funds, as it nears a crucial milestone. Summary Ethereum price has formed a bullish flag pattern on the daily chart. The Murrey Math Line tool points to a jump to $5,625 soon. Ethereum ETFs are nearing the $15 billion cumulative inflows. Ethereum ETF inflows near a major milestone Ethereum (ETH) briefly crossed the $4,500 milestone after jumping by almost 20% from its lowest level in September. This rally may continue in the coming days, as it has formed a…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. In my interactions with people at conferences or just regular catchups, they often ask me, “Do I need to know how to code to keep my crypto safe?” To be honest, my answer is always a firm ‘no.’ Over the years, I have spent working in cryptography and wallet security, and one thing I’ve learned is that staying safe isn’t about writing code. It’s about being careful, aware, and knowing what matters. Summary Crypto security isn’t just…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Little Pepe gains momentum as 2025–2026 crypto bull run approaches, attracting widespread attention. Summary Little Pepe presale surges, raising $26Mm, blending memes with real blockchain utility. LILPEPE’s Layer-2 memecoin ecosystem gains momentum ahead of the 2025–2026 bull run. Investors flock to Little Pepe as presale excitement and utility drive growth potential. Many experts think the crypto market is gearing up for the biggest bull run in history. Bitcoin halving cycles, institutional inflows, and more explicit rules allow the market…

BNB price continued its ascent as bulls broke to a new all-time high of $1,167 on Oct. 3, with the surge coming amid an explosive increase in key network metrics. Summary BNB price rose to a new all-time high of $1,167 on Friday as Bitcoin jumped to $124,000. Network metrics points to further gains for the Binance token. Overall market sentiment is also bullish, with macro factors aiding the upbeat outlook. BNB has been in an uptrend since breaching the previous cycle’s all-time peak, and the rally above $1,100 looked to gain fresh momentum as the price hit a new…

Robo.ai has unveiled a prototype where a vehicle’s unique VIN forms the core of its compliant digital wallet, merging the car’s legal identity with its new capacity for economic activity. Summary Robo.ai and Changer.ae unveiled Roboy339, a smart car with a regulated digital wallet tied to its VIN. The prototype enables autonomous payments for tolls, charging, maintenance, and leasing. Backed by $300 million funding, the project aims to scale the model to aircraft, taxis, and logistics vehicles, forming a machine-driven digital economy. In a press release dated Oct. 3, Robo.ai Inc. and Abu Dhabi-based custodian Changer.ae announced the joint unveiling…

PayPal’s PYUSD supply has surged 113% month-over-month, hitting an all-time high of $2.54 billion. Summary PayPal’s PYUSD stablecoin doubled its circulating supply, reaching $2.54 billion Over the past month, the token’s supply surged 113% USDT and USDC still dwarf all other stablecoins combined PayPal’s stablecoin PYUSD has broken out of its quiet launch phase. On Friday, Oct. 3, the stablecoin reached an all-time high in circulating supply at $2.54 billion. Over the past month, this figure rose 113%. At the same time: PayPal’s PYUSD outstanding supply and stablecoin transfer volume | Source: Token Terminal A circulating supply of $2.54 billion…

The Ethereum Foundation will sell 1,000 ETH and use the funds to support initiatives such as research, grants, and donations. Summary Ethereum Foundation plans to convert 1,000 ETH into stablecoins via CoWSwap. The non-profit entity, which supports the Ethereum ecosystem’s development, will use the funds on research and development, grants and donations. EF also announced the conversion of 10,000 ETH into stablecoins for the same reasons in early September. The Ethereum Foundation revealed this via a post on X, noting that it will convert the 1,000 Ether into stablecoins.  As has happened before, the foundation, a non-profit that supports the…

TOKEN2049 scrubbed all references to the A7A5 stablecoin from its website and speaker roster following Reuters’ inquiry. The swift takedown of the platinum sponsor, targeted by U.S. sanctions, revealed the event’s reactive posture to a major compliance scandal. Summary TOKEN2049 dropped sanctioned A7A5 stablecoin from its sponsor list after Reuters inquiries. A7A5, tied to Kremlin ally Ilan Shor and Russia’s Promsvyazbank, has $70.8 billion in transactions since launch. 41.6B tokens valued at nearly $500 million are in circulation, raising concerns over sanctions evasion and global adoption. On Oct. 3, Reuters reported that TOKEN2049 organizers, after being contacted for comment, purged…