Author: John Smith
Shibarium has announced the reactivation of the Plasma Bridge for the BONE token, with the move coming a few weeks after a network exploit that saw attackers siphon more than $4.1 million via a flash loan attack. Summary Shiba Inu reactivated the BONE Plasma Bridge following a recent freeze. The exploit that saw $4.1 million in assets stolen happened after an attacker gained 4.6 million BONE. Prices of SHIB, BONE and KNINE fell amid the exploit in September. The Shiba Inu team has announced the reopening of the Plasma Bridge for BONE on the Shibarium Bridge. According to a blog…
RootstockLabs launched Rootstock Institutional, aiming to deploy $260 billion in institutional Bitcoin into DeFi. Summary RootstockLabs launched Rootstock Institutional to explore institutional Bitcoin uses Major institutions currently own $260B in BTC that remains idle Institutions could deploy this idle BTC in DeFi, earning yield for investors Over 2.6 million Bitcoin (BTC) held by institutions remains idle, but this could soon change. On Tuesday, October 14, RootstockLabs, a key contributor to Rootstock, the first Bitcoin layer-2, announced the launch of Rootstock Institutional. The new team will focus on ways that institutions can tap into BTC’s DeFi potential. Namely, institutions could use…
Dogecoin price struggles to reclaim the $0.20 volume resistance, signaling that a short-term correction may unfold if the price fails to close above this key level. Summary $0.20 remains a strong volume-based resistance capped by the POC and Fibonacci levels. Low volume and rejections suggest possible correction toward $0.15. A breakout above $0.20 could trigger a rally toward $0.23–$0.25. Dogecoin (DOGE) price is showing signs of exhaustion after failing to reclaim the critical $0.20 volume resistance zone. The area has acted as a strong rejection point multiple times, as the price continues to struggle against heavy order blocks and volume-based…
S&P Global will provide risk assessments for major stablecoins, available to DeFi protocols in real time, in partnership with Chainlink. Summary Chainlink partners with S&P for stablecoin risk assessments S&P Global will publish Stablecoin Stability Assessments DeFi protocols will be able to access these ratings in real time Traditional firms are increasingly exploring stablecoins. On Tuesday, October 14, S&P Global partnered with Chainlink to publish on-chain stablecoin risk scores. The Stablecoin Stability Assessments (SSAs) will initially be available on Coinbase’s Base network. According to S&P Global, while these are not credit ratings, the assessments evaluate stablecoins based on their ability…
Summary ETH price is currently $3,948, trailing behind Bitcoin at the #2 spot in the market by market cap and with strong itra-year momentum. To flip BTC at Bitcoin’s current price, ETH would need a market cap of around $2.41 trillion and trade at around $20,000 per unit of ETH. The flippening scenario is deemed unlikely to occur in the near future by most analysts, although certainly possible if Ethereum’s ecosystem continues to develop. ETH price is a hot topic in today’s crypto market, as is the concept of any altcoin flipping or surpassing the value of Bitcoin. For Ethereum…
ARK Invest’s third-quarter report shows that Solana has generated the largest share of blockchain revenue compared to all the other networks, amounting to $223 million. Summary Solana led all blockchains in Q3 2025, generating $223 million in real economic value, followed by Tron at $160 million, even as total blockchain REV plunged 83% from its 2021 peak. ARK Invest attributed the decline in overall REV to reduced uninformed capital flows and falling transaction costs. According to ARK Invest’s third-quarter DeFI report, Solana continued to generate the most economic value, amounting to around $223 million, leading the charge on all networks…
Binance is finally making progress with its South Korea re-entry after over two years of delay, as authorities have reopened their review of the exchange’s long-stalled takeover of local crypto exchange Gopax. Summary South Korea’s Financial Intelligence Unit has resumed reviewing Gopax’s executive change filing, a key step toward Binance’s re-entry in the country. The review was delayed due to concerns over Binance’s legal troubles in the U.S. Binance acquired a majority stake in Gopax back in 2023. Local media reports on Oct. 14 claim that South Korea’s Financial Intelligence Unit has resumed its review of Gopax’s executive change filing,…
Despite Bitcoin price drop, BTC held on exchanges has dropped to its lowest level in over ten years, a signal that investors are still accumulating rather than selling Summary Bitcoin’s exchange balances have dropped to a 10-year low, showing strong accumulation. Liquidations cleared excess leverage, creating a healthier setup for recovery. Technicals remain mixed, but long-term support near $108K holds firm. Bitcoin fell below $113,000 as traders retreated after the weekend sell-off triggered by tariff news. In the last week, Bitcoin has dropped roughly 10%, trading between $109,883 and $125,023. The cryptocurrency is now 9% below its Oct. 6 record…
Starknet price is under selling pressure ahead of a major token unlock. Summary Starknet has dropped 30% this week ahead of $16M token unlock. Derivatives activity declines, showing weaker market momentum. Unlock may add further selling pressure as circulating supply increases. Trading at $0.127 as of press time, the token has lost 30% in the last week and 4.3% in the last day. Trading volume fell sharply to $72.1 million, a 29% daily drop, showing reduced market activity. According to CoinGlass data, derivatives metrics also weakened. Starknet (STRK) futures volume is down 23% to $154.5 million, while open interest has…
Citi has reportedly entered the final stages of developing a credible crypto custody solution, with executives aiming to bring the service to its asset manager clients within the next several quarters for a full launch by 2026. Summary Citi is reportedly preparing to launch a crypto custody service by 2026, offering regulated storage for institutional clients’ digital assets. The bank said it’s developing a hybrid model using both in-house systems and third-party partnerships to hold native cryptocurrencies securely. On Oct. 13, CNBC reported that Biswarup Chatterjee, Citi’s global head of partnerships and innovation, confirmed the 2026 target, revealing the bank…
