TRON’s Core DeFi Platform Maintains Uninterrupted Deflationary Cycle SUN.io, the core DeFi liquidity infrastructure on the TRON network, successfully executed its 52nd consecutive SUN token buyback and burn on October 27, removing more than 7.23 million SUN from circulation. The milestone marks the platform’s continued commitment to a deflationary token model that channels protocol revenue
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South Korean Exchange Detects Unauthorized Entry South Korean crypto exchange Bithumb confirmed on October 28 that an unauthorized outsider accessed its in-house mobile groupware, the app staff use for work and internal messaging, resulting in personal information leaking from the system. The exchange detected the intrusion on October 27 and immediately notified the Korea Internet
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Institutions that limit Ethereum transactions to approved block producers would face an average wait of four minutes for an eligible slot if those operators held 5% of the network’s proposer-selection weight. Delphi Digital published that estimate in an Oct. 27 case study funded by ETHGas. The finding highlights a practical limit for institutional services: buying
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Bitcoin (BTC) fell below the psychologically critical $80,000 mark for the second time in 48 hours. After dropping to $79,300 on Saturday, October 24, the cryptocurrency briefly touched $79,400 during early European trading hours and then recovered to sit near $80,000, according to CoinGecko data. The weekend sell-off wiped out nearly $400 million in long
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Coinbase will automatically convert 14 restricted crypto tokens held by European customers on Oct. 30, including Tether’s USDT. The exchange told affected retail users in the European Economic Area (EEA) to withdraw their holdings before the deadline. Customers who miss the cutoff may see their balances converted into Circle’s USDC or another supported asset or
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President Donald Trump announced the United States could strike Iran as soon as Sunday, or alternatively reach a diplomatic deal with Tehran. Bitcoin trades at $80,546 following a brief dip below the critical $80,000 support level on Saturday. The cryptocurrency now carries headline risk through a weekend when traditional markets remain closed, leaving Bitcoin as
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Israel’s Prime Minister Benjamin Netanyahu has sparked a major controversy after suggesting that blockchain technology and cryptocurrencies could serve as tools to circumvent potential international financial sanctions. The remarks, made during a Channel 10 television interview on Friday, drew swift condemnation from the Bank of Israel and multiple election rivals as the country heads toward
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Fomo Chooses Community Building Over Token Creation Fomo co-founder Se Yong Park publicly rejected rumors that the social trading app would launch its own token platform on Solana or compete directly with Pump.fun, citing an already saturated token market. The clarification comes as the crypto industry witnesses a proliferation of token launch platforms, with Park
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The Polkadot Community Foundation issued an urgent security warning on October 21, revealing that the third-party Fearless Wallet browser extension had been leaking users’ private keys since February 2025, exposing DOT holders to potential theft. The disclosure came after an investigation by the Polkadot Technical Fellowship identified malicious code capable of extracting wallet credentials. The
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Senator Richard Blumenthal, the top Democrat on the Senate Permanent Subcommittee on Investigations, has demanded Tether hand over records of its dealings with a consulting firm co-owned by former White House crypto adviser Bo Hines. The Connecticut lawmaker sent Tether CEO Paolo Ardoino a letter Thursday giving the stablecoin issuer until November 3 to respond.
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Two tech companies took drastically different paths this month when deciding how much capability to pack into their newest products. Stripe and its partner Plasma announced plans to push stablecoin payment cards into more than 100 countries by 2027, while Beijing-based Moonshot AI deliberately crippled the hacking ability of its most advanced model to avoid
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Stripe Extends Multi-Currency Card Infrastructure with Plasma Partnership Stripe wants to eliminate the traditional currency exchange counter from international purchases. The payments company and its partner Plasma announced plans for payment cards that let people spend stablecoins across five currencies, with availability targeted for more than 100 countries in 2027. The partnership, announced on October
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Ethereum staking continues to attract massive investor interest despite yields falling to levels that barely exceed traditional banking options. Approximately 1.38 million ETH currently waits in the deposit queue as of October 23, with validators facing an estimated wait of 24 days and nine hours before they can begin earning rewards. This queue, while smaller
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Binance’s stablecoin flows with Tether have reversed by nearly $14 billion, raising urgent questions about declining liquidity at the world’s largest crypto exchange. The reversal coincides with Bitcoin’s struggle to sustain a recovery around $80,000, while institutional demand through exchange-traded funds shows signs of wavering. An Oct. 22 investigation by blockchain analytics firm Bitquery found
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