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Crypto exchange Binance has taken serious action to safeguard fair trading by banning over 600 accounts that used unauthorized third-party tools.

Mass Account Bans in the Name of Fairness

Binance announced that it blocked more than 600 accounts last week for using unapproved third-party tools. According to the platform, this move aims to preserve fairness and trust across its ecosystem.

The affected accounts violated the terms of use of Binance Exchange, Binance Wallet, or Binance Alpha. Going forward, any user caught using such tools or breaking the platform’s rules may be permanently disqualified from all Binance-related activities.

Additionally, any profits earned through Binance Alpha events will be revoked from the offenders.

A New Approach to Security and Community

The company emphasized its commitment to protecting the rights and interests of compliant users and maintaining a level playing field for everyone. Therefore, Binance encourages its community to actively report suspicious or non-compliant activities.

Rewards for Reporting Violations

As part of its new policy, Binance is introducing rewards for users who report verified violations. The first person whose report is confirmed by the Binance team can receive up to 50% of the recovered profits from the penalized account.

The platform urges users to submit detailed reports through its official channels. Reports should include as much relevant information as possible, such as:

• Screenshots
• User ID numbers (UIDs)
• IP addresses
• Blockchain addresses

This will help Binance verify reports efficiently and take timely action.

Binance Strengthens Security and Transparency

With this move, Binance aims to enhance the security of its platform and build a more transparent and safe trading environment. The company thanked its users for their ongoing cooperation and support in creating a more secure crypto ecosystem.

Fairness is at the core of everything we do. We will continue to take decisive action against any violations.

Binance stated.

Conclusion

By blocking hundreds of accounts and implementing a reward system for reporting violations, Binance is demonstrating its commitment to fair and transparent trading. These new measures aim not only to protect the platform but also to strengthen trust within its global user base.

Executives from Coinbase, Ripple, Chainlink, and others will join U.S. senators to relaunch regulatory dialogue for the crypto industry.

Purpose of the Roundtable

In an effort to break the legislative deadlock and rebuild trust between Washington and the crypto sector, Democratic senators are hosting a high-level roundtable on October 22 with key industry figures.

Executives and representatives from Coinbase, Ripple, Chainlink, Uniswap, and Galaxy Digital will discuss the main challenges and opportunities in digital asset regulation.

Who Will Attend?

According to journalist Eleanor Terrett, confirmed participants include:

• Brian Armstrong – CEO of Coinbase
• Stuart Alderoty – Chief Legal Officer at Ripple
• Sergey Nazarov – Co-founder of Chainlink
• Mike Novogratz – CEO of Galaxy Digital
• David Ripley – CEO of Kraken
• Hayden Adams – Founder of Uniswap
• Dante Disparte – Chief Strategy Officer at Circle

They will be joined by representatives from:

• a16z Crypto (Andreessen Horowitz)
• Solana Policy Institute
• Blockchain Association

Each of these organizations represents a distinct segment of the ecosystem—from exchanges and stablecoins to DeFi and infrastructure—giving Senator Gillibrand, co-sponsor of the Responsible Financial Innovation Act (RFIA), a unique opportunity to hear a wide range of perspectives.

Key Topics on the Agenda

The roundtable is expected to cover several pressing issues, including:

• Market Structure Clarity: Defining how the SEC and CFTC divide jurisdiction over crypto assets.
• DeFi Oversight: Creating frameworks that balance innovation with accountability.
• Stablecoin Regulation: Establishing federal standards for payment-stable assets and their reserves.
• Taxation and Treasury Coordination: Addressing compliance gaps related to corporate holdings and tokenized assets.

Lawmakers face pressure to deliver tangible results before the end of the 2025 legislative session.

A Crucial Discussion Amid Political Gridlock

This roundtable comes at a particularly tense moment. Negotiations between Democrats and Republicans over crypto market structure legislation have stalled after a leaked Democratic proposal to regulate decentralized finance (DeFi) sparked public backlash.

While the industry views the meeting as a constructive step, expectations remain cautious.

Organizers hope the event will pave the way for a more productive dialogue and clear regulatory direction for one of the world’s fastest-growing industries.

Conclusion

As 2025 draws to a close with key issues still unresolved, the upcoming meeting between leading crypto executives and U.S. senators could become a pivotal moment for the future of digital asset regulation. The dialogue offers a rare chance to bridge political divides and build a stable framework for innovation and security in the crypto space.

With new tokens launched on Arbitrum, EU users now have even broader access to U.S. stocks, while Robinhood strengthens its role in the global tokenization of real-world assets.

Robinhood Expands Tokenized Stock Access in the EU

In a major step toward decentralization and global accessibility, Robinhood has deployed 80 additional tokens on the Arbitrum network, offering European Union users greater access to U.S. stocks, indices, and ETFs through tokenization.

The newly listed tokens include: GLXY (Galaxy), BULL (WeBULL), and SNPS (Synopsys). This move continues Robinhood’s strategy of offering fully tokenized access to U.S. financial markets for clients outside the United States.

Tokenization Is Transforming the Global Financial System

Tokenization – the process of converting traditional assets such as stocks and real estate into digital tokens – is emerging as a key driver of the future of finance.

Tokenization is like a freight train. It can’t be stopped, and eventually it will consume the entire financial system.

said Robinhood CEO Vlad Tenev.

He predicts that most major markets will establish clear regulatory frameworks within the next 5 years, though full global implementation may take a decade.

EU Leads in Adopting Tokenized Assets

Robinhood began offering over 200 tokenized U.S. stocks to EU clients back in June, which at the time pushed the company’s stock to a record high. Tenev believes tokenization will become the standard way to access U.S. equities abroad.

He sees Europe as a leader in adoption, expecting other regions to follow once regulatory clarity is achieved.

Robinhood Expands Crypto and Prediction Markets

The company has also been ramping up its crypto offerings, adding new tokens in 2025 such as Aster (ASTER), Plasma (XPL), and Virtuals Protocol (VIRTUAL) to meet rising demand from retail traders.

Robinhood’s stock is up 248% year-to-date, currently trading at $129. In September, the company announced it would join the S&P 500 Index, sending its share price up 10%.

Robinhood also plans to expand its prediction markets product internationally.

Regulators Join the Tokenization Race

Regulators are also signaling strong support for the industry. SEC Chair Paul Atkins recently stated that cryptocurrencies and tokenization are “priority number one” for the agency.

He emphasized the need for clear, future-oriented regulations that attract innovators back to the U.S. and foster industry growth.

BlackRock Bets on Tokenization Too

BlackRock CEO Larry Fink also sees tokenization as the next major opportunity. He believes that by tokenizing ETFs, even crypto-native investors can be guided toward long-term investment products like retirement funds.

Fink predicts that the digital asset market – already valued at over $4.5 trillion – will continue to grow significantly in the coming years.

Conclusion

With the addition of 80 more tokenized stocks and its aggressive expansion into DeFi and the crypto space, Robinhood is positioning itself as a pioneer in the new financial era. Support from institutions like BlackRock and growing regulatory attention shows that tokenization is no longer just the future – it is the present, undergoing rapid implementation.

With a record amount of liquidity parked in stablecoins, the crypto market stands on the edge of a potential new bull cycle, driven by Bitcoin, DeFi, and real-world asset tokenization.

The Market Revives — Bitcoin and Altcoins Recover

The crypto market is gaining momentum, with the price of Bitcoin (BTC) trading around $107,000. At the same time, major altcoins like Ethereum (ETH), Solana (SOL), and Avalanche (AVAX) are showing steady recovery after recent pullbacks.

Market sentiment is turning increasingly optimistic, fueled by growing institutional interest and rising on-chain activity.

Stablecoins Reach $304.5 Billion — Liquidity is Building Up

The total supply of stablecoins has surged to a new all-time high of $304.5 billion, signaling a massive pool of idle capital within the ecosystem.

This “dry powder” suggests that investors are preparing to re-enter the market when the right moment arrives. Historically, such spikes in stablecoin supply have often preceded major crypto rallies – particularly in Bitcoin, DeFi tokens, and across a wide range of altcoins.

Stablecoins remain the backbone of the crypto economy, providing stability, instant transfers, and seamless access to decentralized markets.

DeFi and Tokenization as the Next Capital Destinations

Experts believe that the next major liquidity wave will flow into Decentralized Finance (DeFi) and tokenized real-world assets (RWA).

• DeFi Growth: Lending platforms, decentralized exchanges, and yield farms continue to attract stablecoins seeking “real yield.” Improved security and institutional-grade protocols are legitimizing DeFi as a core financial layer.
• Tokenization: Real-world assets like bonds, treasuries, and real estate are being brought on-chain. Giants like BlackRock and Standard Chartered are experimenting with blockchain-based settlements using stablecoins as the primary medium.

A Bullish Signal for Bitcoin and DeFi

Several key catalysts could unlock this massive pool of liquidity:

• Regulatory clarity and new policies
• Institutional adoption of blockchain and crypto assets
• Macroeconomic shifts driving capital on-chain

Even a single positive development – such as stablecoin integration by a major financial institution – could ignite a new crypto supercycle.

$304.5 billion in stablecoins isn’t just “idle cash” – it’s the fuel for the next big crypto expansion.

Are We Ready for the Next Bull Cycle?

With accelerating blockchain adoption, the rise of DeFi, and real-world asset tokenization, this parked liquidity will likely be reinvested. This could drive Bitcoin, Ethereum, DeFi tokens, and other digital assets to new highs.

Theories have emerged that the United States is intentionally driving up the price of gold to sell it at a premium and secretly accumulate Bitcoin with the liquidity. It’s then speculated that they will crash gold and skyrocket BTC. In this article, we examine what the facts, market signals, and actions of the US government actually suggest.

Where Does the Theory Come From?

• It is claimed that the US is “pumping” gold to sell it at peak prices
• Then they use the proceeds to accumulate Bitcoin at low prices
• The price of BTC is kept artificially low through market manipulation
• Once enough BTC is accumulated, they crash gold and allow BTC to surge

What Facts Support or Refute This Theory?

1. President Trump and the Strategic Bitcoin Reserve

In March 2025, President Donald Trump signed an executive order to create the “Strategic Bitcoin Reserve” – a strategic reserve of Bitcoin and other digital assets. According to the order, the goal is to strengthen the nation’s digital security and prepare for the future of finance.

This is not an investment fund, but a matter of national security.

states the document published at whitehouse.gov.

It is important to note that, according to official information, the reserve will be formed primarily through confiscated crypto assets rather than through budget-funded purchases.

2. The Federal Reserve Cannot Hold Bitcoin

In December 2024, Federal Reserve Chair Jerome Powell made it clear that the Fed has no authority to hold Bitcoin as a reserve asset and has no intention of seeking to change that rule. This significantly weakens the theory of large-scale government funds being redirected into BTC.

3. Potential for Long-Term Diversification

Some analysts speculate that in the future, the US and other central banks may begin to hold both gold and Bitcoin as reserve assets. According to Deutsche Bank, Bitcoin is gaining legitimacy and could coexist with gold on national balance sheets by the end of the decade.

Are There Signs of Manipulation?

There is no public evidence of market manipulation in gold or Bitcoin by the US government. Prices of both assets are influenced by numerous global factors – inflation, geopolitics, market psychology, and more.

However, crypto markets are known for their low regulation and frequent price anomalies, which fuels theories of behind-the-scenes activities.

What Should We Watch For?

• New legislative initiatives allowing government investment in BTC
• Transparent reports on gold and digital asset holdings
• Unusual movements in the gold and Bitcoin markets
• Statements from the Federal Reserve or the Treasury Department regarding digital assets

Summary and Conclusion

The theory that the US is deliberately replacing gold with Bitcoin through covert operations remains speculative. So far, there is no concrete evidence that such a strategy is being officially or unofficially implemented. However, there are signs of growing interest in digital assets at a national policy level, especially in the context of President Trump’s second term.

Whether BTC becomes the “new gold” in global reserves remains to be seen.

After a long regulatory pause, Binance is re-entering South Korea through the acquisition of the GOPAX crypto exchange. The deal received approval from the FIU and opens the door for new growth in Asia.

Official Return of Binance to South Korea

On October 16, 2025, Binance received final approval from South Korea’s Financial Intelligence Unit (FIU) for its acquisition of the local exchange GOPAX. This marks the platform’s first official return to the country since 2021.

With the approval, Binance will hold a majority stake in GOPAX and can restart its operations in one of Asia’s most dynamic crypto markets.

Importance of the Deal for Both Parties

• Binance: regains presence in Asia without regulatory barriers
• South Korea: gains access to Binance’s global expertise and resources
• GOPAX: can benefit from the technology and liquidity of the world’s largest crypto exchange

The acquisition places Binance in direct competition with major local exchanges such as Upbit and Bithumb.

Why the Deal Was Previously Blocked

In February 2023, Binance announced the acquisition of 67% of GOPAX, but regulatory and legal issues in the United States delayed the approval. The FIU expressed concerns about compliance with anti-money laundering (AML) regulations.

Additionally, in June 2023, the SEC filed a lawsuit against Binance for providing unregistered services and misusing user funds. This led to the resignation of founder Changpeng Zhao as CEO in November of the same year.

Following these events, Binance started fresh with the US and relaunched its international strategy.

Next Steps – Binance Alpha and New Tokens

On October 17, 2025, Binance will launch an airdrop program through its emerging assets platform – Binance Alpha.

Two new tokens will be listed with an airdrop:

• ANOME (ANOME)
• SubHub (SUBHUB)

Users will be able to claim their airdrop points via the Binance Alpha system once trading begins for these tokens.

This initiative aims to provide early access to innovative tokens for users and attract new activity to the platform.

Conclusion

Through the strategic acquisition of GOPAX, Binance is reestablishing its presence in South Korea—a market with over 6 million crypto users. The deal not only stabilizes Binance’s position in Asia but also affirms the company’s new regulator-compliant vision.

MUFG, Sumitomo Mitsui, and Mizuho are jointly developing a stablecoin aimed at accelerating the digitalization of both domestic and international corporate payments.

Stablecoin Initiative by Japan’s Leading Banks

Japan is taking a significant step toward the future of digital payments. The country’s three largest banks – MUFG Bank, Sumitomo Mitsui Banking Corp., and Mizuho Bank – are joining forces to launch a stablecoin backed by the Japanese yen.

The project will be built on the platform developed by Tokyo-based fintech firm Progmat, in which the banks hold equity stakes. The goal is to establish common standards for corporate and inter-company use of stablecoins.

Yen First, Dollar Later

The project will begin with a stablecoin backed by the Japanese yen, expected to go into real-world use within the current fiscal year following a successful pilot phase.

Later on, the banks plan to issue a USD-backed stablecoin, expanding the system’s capabilities for international transactions.

Mitsubishi Corporation will be among the first companies to use the yen-backed stablecoin for internal financial operations. The corporation manages over 240 subsidiaries, including global entities, and regularly conducts dividend payments, acquisitions, and client transactions.

Benefits for Businesses and Clients

• Lower costs for fund transfers
• Simplified internal accounting and administrative processes
• Improved tracking and compliance with regulatory requirements
• Potential service to over 300,000 corporate clients

Project Pax – Cross-Border Payments via Blockchain

As early as September 2024, the three banks launched a pilot program for international transactions using a platform called Project Pax. The initiative aims to speed up cross-border payments via stablecoins issued through Progmat.

Besides the three banks, SBI Holdings and the Japan Exchange Group are also part of the project. Progmat, in collaboration with Datachain and TOKI, is building the infrastructure for cross-chain transactions to enable secure, fast, and interoperable international payments.

Technical Integration and Compliance

The platform uses the API system of SWIFT to allow banks to instruct Progmat on blockchain transactions. This enables full regulatory compliance, including anti-money laundering (AML) measures.

The solution reduces duplicated processes and investment costs typical of traditional fiat transfers. Full commercial rollout of the platform is expected in 2025.

Regulatory Framework

Japan’s Financial Services Agency (FSA) is expected to approve the first official yen-backed stablecoin by autumn 2025.

Conclusion

Through this initiative, Japan is clearly demonstrating its commitment to integrating blockchain and digital currencies into mainstream banking services. The joint project by the three megabanks may become a turning point in the transformation of both domestic and cross-border financial transactions.

Whether the yen-backed stablecoin becomes the new standard for corporate payments in Japan – remains to be seen.

BlackRock’s revamped money fund now complies with the GENIUS Act, provides enhanced liquidity, extended trading hours, and targets stablecoin issuers like Circle as key clients.

A Fund Built for Stablecoin Issuers

BlackRock, one of the world’s largest asset managers, is deepening its role in the crypto sector. The firm has restructured one of its money market funds to better serve the needs of stablecoin issuers.

The new fund — BlackRock Select Treasury Based Liquidity Fund (BSTBL) — is designed to comply with the GENIUS Act, signed into law in July 2025, which provides a regulatory framework for stablecoins in the U.S.

BSTBL is designed to be:

• More secure and resilient
• Highly liquid
• Open during extended hours, catering to global users

Stablecoin issuers typically invest customer funds in liquid and secure assets to ensure fast redemption. BSTBL meets these needs by offering a reliable vehicle for reserve management.

BlackRock Expands Reserve Management Beyond Circle

We want to be — and we believe we already are — the leading reserve manager for stablecoin issuers.

said John Steel, Global Head of Cash Management Products at BlackRock, in an interview with CNBC.

The firm already manages the majority of reserves for Circle — the second-largest stablecoin issuer. Now, BlackRock aims to offer similar services to other issuers, expanding its presence in the growing stablecoin segment.

The new fund isn’t limited to crypto companies — it’s also open to institutional investors like pension funds and university endowments.

BlackRock Solidifies Its Crypto Presence

This move is part of BlackRock’s broader strategy to lead in the digital asset space. The firm already offers:

• Bitcoin ETF
• Ethereum ETP
• BUIDL — the world’s largest tokenized money market fund

With the restructured BSTBL fund, BlackRock seeks to become a dominant player in reserve management in the age of tokenization.

Stablecoins Are Gaining Momentum

The stablecoin market continues to grow rapidly. The total market cap now exceeds $316 billion, and analysts predict it could reach $4 trillion by 2030.

To ensure market stability and trust, Michael Barr, Vice Chair at the Federal Reserve, has called for clear regulations. He acknowledged the potential of stablecoins but also stressed the need for safeguards against market shocks and systemic risk.

While the GENIUS Act lays an important legal foundation, Barr emphasized that regulators must finalize the details to prevent potential “runs” or instability.

The Tokenization Boom

BlackRock CEO Larry Fink recently called tokenization “one of the most exciting areas of growth in financial markets.”

Tokenization will bridge traditional finance with the expanding digital asset economy.

Fink stated.

With over $4.5 trillion already held in digital wallets, BlackRock anticipates accelerated growth in the tokenization space over the coming years.

Conclusion

As stablecoins and tokenization become foundational pillars of the next-generation financial system, BlackRock is positioning itself at the heart of the transformation. By developing products that align with regulations and market demand, the firm is emerging as a vital bridge between traditional finance and the digital economy.

Price declines, increased exchange inflows, and defensive positioning in derivatives suggest the market is entering a correction phase with heightened risk reassessment.

Technical Fragility and Risk-Off Selling

Today, the crypto market is under significant pressure, with the total market capitalization falling below $3.8 trillion — a nearly 5% drop in the last 24 hours. Bitcoin dropped below $110,000, and Ethereum slid under $4,000.

The correction comes amid mounting macroeconomic tensions: escalating U.S.-China trade conflict, a strengthening dollar, and rising bond yields — all pushing investors away from risk-on assets.

Popular cryptocurrencies that had shown steady growth recently are now undergoing strong profit-taking and forced liquidations, signaling a possible period of consolidation or a temporary correction.

On-Chain Indicators Point to Capitulation

While derivatives markets reflect short-term sell pressure, on-chain data reveals deeper signs of weakening investor confidence among large holders:

• Exchange inflows have increased 18% week-over-week — over $2.3 billion in BTC and ETH moved from cold wallets to exchanges, indicating readiness to sell.
• Stablecoin inflows to exchanges — traders are converting profits into cash equivalents, waiting for new entry points.
• Chaikin Money Flow (CMF) for top Layer-1 tokens has turned negative — a sign of reduced accumulation.
• Increased whale activity — large wallets holding LINK, SOL, and AVAX have moved assets to exchanges, likely for rebalancing or profit-taking.
• Network activity — such as the number of active addresses and transaction volumes — has stabilized, suggesting temporary exhaustion after weeks of growth.

Derivatives Market Shifts Into Defensive Mode

Data from platforms like Deribit and OKX shows a clear pivot toward hedging. The BTC options put-to-call ratio has reached 0.78 — the highest level in two months. This indicates that traders are actively insuring against downside risk.

Additionally, implied volatility has risen for short-term contracts, reflecting increased demand for protection and expectations of continued weakness.

Spot-to-futures basis premiums have flattened near zero — a clear sign that the dominant “bull market” strategy since early October has ended. This transition from speculative long positions to protective hedges often precedes phases of stabilization or trend reversals.

Exchange liquidity depth has declined, amplifying the impact of each sell wave. Liquidity providers are widening spreads, and some market makers are reducing exposure, causing prices to slip more easily and increasing the chances of micro-flash crashes.

According to Kaiko, the order book imbalance has shifted to a 60:40 ratio in favor of sellers — the weakest configuration since mid-August.

What’s Next: Signs of a Bottom

Despite the sharp correction, some analysts view it as a healthy pause within a broader bullish trend. If liquidations ease and exchange inflows stabilize, this could signal a potential market bottom.

Key Indicators to Watch:

• Declining negative funding rates and reduced volatility in open interest.
• Decreasing exchange inflows alongside stablecoin outflows — a sign of renewed accumulation.
• Recovery in CMF and growth in active addresses — evidence of new market participation.

Until then, caution is advised. Continued volatility and forced selling could deepen the correction by another 5–8%, especially if Bitcoin retests the $105K–$108K levels.

Conclusion

The current correction may be a healthy cooldown within a broader uptrend, but on-chain and market signals suggest it’s not yet time for aggressive entries. Investors should stay alert and closely monitor whale activity, exchange flows, and volatility in derivatives markets.

The mysterious trader known as the “Trump Insider Whale” has once again shaken the crypto market with a massive short position against Bitcoin ahead of another key statement from Donald Trump.

The Return of the Trump Insider Whale

The crypto market is once again on high alert. The mysterious trader, known as the “Trump Insider Whale,” who rose to fame after profiting $192 million from a short position placed just before former President Donald Trump’s surprise tariff announcement, has returned.

This time, he has opened a new short position worth $127 million against Bitcoin, just hours before another emergency Trump statement scheduled for 3:00 PM Eastern Time today.

Many experts suspect this trader has insider knowledge about the upcoming event.

A Repeat of the “Tariff Crash” Scenario?

Just a week ago, the cryptocurrency market lost over $670 billion in a single day after Trump imposed 100% tariffs on Chinese imports. This triggered mass panic and a sell-off in both digital assets and stocks.

The event, now dubbed the “Tariff Crash,” saw Bitcoin plummet from $122,000 to nearly $104,000 in just a few hours. It was at that moment the “Insider Whale” opened a short and made $192 million in just 30 minutes.

Now, according to blockchain analysts, the same wallet—monitored by on-chain platforms—has built a 20x leveraged position and increased exposure to $127 million in short BTC positions overnight.

What’s Coming?

The timing once again raises serious concerns as Trump’s statement draws near and traders brace for significant market swings.

Social media is already flooded with warnings from analysts and traders forecasting volatility. Many believe the trader possesses non-public information related to today’s announcement.

If Trump announces new trade or financial sanctions, markets could crash quickly. But if he backs the crypto sector or proposes liquidity support, we may see a rapid reversal.

Will Another Crash Follow?

At the moment, Bitcoin is trading around $111,200, down 1% over the last 24 hours. Meanwhile, funding rates on derivatives platforms like Binance and Bybit have turned negative — a clear sign of growing bearish sentiment.

If Trump’s speech includes new tariffs or confirms tighter capital controls, Bitcoin could test the $100,000–$102,000 levels, representing another 10–12% drop.

But if the announcement is perceived as moderate or even pro-crypto, we could see short positions liquidated and a swift rebound to $120,000, quickly recovering recent losses.

Crypto ATMs, once a convenient bridge between cash and digital money, are increasingly seen as risky by Australian authorities.

Crypto ATMs Under Fire

Minister for Home Affairs Tony Burke announced new legislative measures that would give financial intelligence agency AUSTRAC the authority to ban high-risk products such as crypto ATMs. According to him, these machines are now actively used by scammers and money laundering networks.

AUSTRAC CEO Brendan Thomas welcomed the proposal, stating that the new powers would allow the agency to respond more quickly to evolving threats.

Thomas emphasized that crypto ATMs pose a particular threat because they allow users to exchange cash for digital currencies and send them anywhere in the world—often anonymously. This anonymity makes them attractive to fraudsters and money launderers.

Rapid Growth and Rising Risks

Over the past six years, the number of crypto ATMs in Australia has grown from just 23 to nearly 2,000. According to estimates by an AUSTRAC task force, these machines facilitate about 150,000 transactions annually, totaling around 275 million Australian dollars.

A joint investigation by AUSTRAC and police revealed that 85% of frequent users of these ATMs are either scam victims or unknowingly involved in criminal activities.

Elderly Australians aged 50 to 70 are particularly vulnerable, accounting for about 72% of the total transaction volume.

Will Crypto ATMs Be Banned?

Minister Burke has not confirmed a full ban but stressed that the new rules would give AUSTRAC the authority to restrict or suspend high-risk services such as crypto ATMs.

This follows months of investigations—AUSTRAC has already issued warnings to operators, revoked licenses, and imposed a $5,000 transaction limit on crypto ATMs.

Burke stated that cash-to-crypto transactions are hard to trace and serve as a convenient tool for criminal activity.

Criticism of Harsh Measures

Not everyone supports the upcoming restrictions. James Volpe, founder of Web3 education company uCubed, said crypto ATMs are not the core issue. He called on regulators to implement better tracking tools instead of stifling innovation in the sector.

The problem isn’t the technology, it’s the lack of effective oversight. Bans will only push away legitimate users.

said Volpe.

Conclusion

Australia is preparing for strict measures against crypto ATMs in an effort to combat fraud and money laundering. AUSTRAC is expected to gain new powers allowing it to respond more flexibly and swiftly. While a full ban is not yet in place, the direction toward serious restrictions is clear—sparking both support and criticism.

The Trump family has turned a modest NFT project into a full-scale crypto empire, generating over $1 billion in profits across tokens, stablecoins, and DeFi platforms.

Key Highlights

• The Trump family has earned over $1 billion from crypto-related ventures.
• WLFI token contributed $550 million; USD1 stablecoin surpassed $2.7 billion in sales.
• DeFi platforms and Bitcoin mining positions solidify their status among top crypto investors in the U.S.

Trump Family Earns Over $1 Billion From Crypto

According to data published by Wu Blockchain, Donald Trump and his family have generated over $1 billion (pre-tax) in profits from their crypto initiatives in the past year. This includes revenues from tokens, DeFi, stablecoins, and NFTs.

The largest contribution came from the WLFI token, which began public trading in September 2025. Despite a 57% drop from its peak, WLFI brought in approximately $550 million.

TRUMP and MELANIA tokens generated around $427 million through active community trading. The biggest surprise, however, was the USD1 stablecoin, which recorded over $2.7 billion in sales within a few months — highlighting the power of political branding in driving crypto adoption.

From Politics to Crypto Profits

Despite Donald Trump’s early skepticism toward crypto, he entered the space in late 2023 with World Liberty Financial (WLF), a DeFi platform combining traditional finance with blockchain tech.

The Trump family — including Donald Jr. and Eric — along with business partner Steve Witkoff, owns approximately 60% of WLF. Revenue streams include:

• WLFI token sales,
• staking services,
• decentralized lending.

Since WLFI’s launch, the family has added nearly $1.3 billion to their net worth.

Additionally, Trump Media & Technology Group (TMTG), previously reporting losses, has turned profitable due to investments in digital assets and Bitcoin, reaching over $3 billion in revenue.

Trump’s Crypto Wealth Grows With Institutional Support

The Trump family holds assets across the crypto ecosystem — from meme tokens to core DeFi infrastructure and stablecoins. A key holding is American Bitcoin Corp. (ABTC), a mining firm backed by Trump’s sons and allies.

Listed on Nasdaq since May, ABTC shares have surged over 110%, delivering hundreds of millions in paper gains to family trusts.

These initiatives place Trump among leading U.S. crypto figures, alongside Michael Saylor and the Winklevoss twins.

Conclusion

The Trump family’s crypto expansion shows how political influence and brand recognition can convert into billion-dollar success. From NFTs to stablecoins and publicly traded mining companies, they are now a formidable presence in the digital economy. If current momentum continues, their role in Web3 and digital finance is poised to grow even stronger.

The collaboration between OKX and Standard Chartered signals a new era in institutional crypto infrastructure, focusing on security, regulation, and trust.

Key Highlights

• OKX and Standard Chartered launch the first bank-grade crypto custody service in Europe.
• Standard Chartered handles custody; OKX facilitates trading — ensuring secure and compliant institutional access.
• Over $100 million has already passed through pilot accounts, highlighting strong institutional interest.

OKX Delivers Secure Digital Asset Trading Across Europe

OKX, one of the world’s leading cryptocurrency exchanges, is expanding its institutional services within the European Economic Area (EEA) through a groundbreaking partnership with Standard Chartered.

The new model introduces safeguarded collateral mirroring, where institutional assets are securely held by Standard Chartered while trades are executed via OKX. This separation of custody and execution enhances trust and security.

This partnership provides institutions with safer, regulated access to digital assets, aligned with Europe’s evolving crypto regulatory landscape.

commented Erald Ghoos, CEO of OKX Europe.

What Makes This Partnership Unique?

OKX and Standard Chartered are pioneering a structure that allows institutional clients to store crypto assets with a traditional bank while trading seamlessly through a crypto exchange.

Key Benefits:

• Regulatory Assurance: Built within the MiCA-compliant regulatory framework, offering institutional investors legal clarity.
• Integrated Infrastructure: Standard Chartered handles custody; OKX provides liquidity, execution, and settlement — forming a seamless banking-to-crypto network.
• Bank-Backed Collateral: Institutions can use tokenized money market funds or crypto assets held at Standard Chartered as official collateral on OKX.
• Franklin Templeton Partnership: Phase one includes tokenized money market funds by Franklin Templeton’s Digital Assets team, integrating real-world assets (RWAs) directly into crypto trading.

Institutional Impact: Why This Matters

Analysts suggest this setup could become the blueprint for safe institutional participation in DeFi. Until now, major funds and enterprises avoided centralized exchanges due to custody risks. This partnership solves that by keeping assets safe in a regulated banking system while enabling real-time crypto trading.

This structure is likely to attract heavyweight institutions like Brevan Howard Digital and others, accelerating institutional entry into the European crypto sector.

Over $100 million has already flowed through the custody accounts since the pilot began — a clear sign of robust demand.

Conclusion

The OKX–Standard Chartered alliance is a pivotal step toward a secure, compliant, and reliable crypto trading infrastructure in Europe. By bridging traditional finance with digital assets, the partnership sets a precedent for future institutional involvement. With growing interest and tangible liquidity, it could become one of the defining moves in European crypto markets in 2025.

Binance Wallet experienced temporary delays that triggered panic among users, though no actual funds were lost.

Temporary Issues with Binance Wallet Due to Network Overload

Binance Wallet recently reported temporary delays affecting some users’ ability to view interactive event data. These disruptions came after the major crypto market crash on October 10, during which several altcoins briefly appeared with zero value on the platform.

The situation caused serious concern among investors who were unable to track their assets. Many shared their experiences on the social network X.

PeckShield Flags Temporary Problems

Blockchain security firm PeckShield reported that users were facing visual glitches in their Binance Wallets. Balances and token prices appeared as zero. The wallet interface seemed unstable, which caused additional alarm.

The Cause – Network Congestion

Binance Wallet explained that the delay was caused by network overload. According to the team, the issue was purely visual and did not impact wallet functionality or user balances. Only event-related data — such as interactive participation — was temporarily unavailable. Balances, security, and transactions remained intact and protected.

Our system just needs some time to load and display the information correctly. We’re actively working to resolve the issue.

Binance Wallet team reported.

System Recovery

System recovery is ongoing and full functionality is expected to resume once network conditions stabilize. Binance recommends that users periodically refresh their interface or wait for updates to propagate across the network.

User Reports Losses Due to Technical Issues

One user reported a loss of over $130 due to a 3.5% drop in the price of BNB, as they were unable to sell in time due to the platform’s issues. The user questioned why trades were conducted in BNB instead of a stablecoin like USDT. They also claimed that in the past 48 hours, many users suffered significant losses — calling the situation unacceptable.

He added that following the Token Generation Event (TGE), many began selling BNB, but the system failed to handle the volume, leading to considerable losses for wallet users.

Similar Issue Occurred on Trust Wallet

On October 12, a similar situation occurred on Trust Wallet, where a sync error with market data caused thousands of users worldwide to see zero balances.

Fortunately, all assets remained protected on-chain, and the visual bug was resolved within hours.

Conclusions and Lessons Learned

These incidents highlight the vulnerabilities associated with extreme market volatility and the importance of robust technical infrastructure and timely communication with users. Only with these measures can trust be maintained during critical moments.

On October 10, 2025, over $19 billion was liquidated in a single day. Wintermute moved $700M to Binance, Trump announced 100% tariffs, and technical failures at Binance led to a catastrophic market crash.

Wintermute: The Market Maker’s Swift Exit

According to crypto trader Hanzo, Wintermute — a leading algorithmic trader and one of Binance’s primary liquidity providers — moved a staggering $700 million into the exchange just hours before the crash, including $200 million in Bitcoin.

This massive transfer went largely unnoticed but quietly laid the groundwork for the chaos. As traditional markets began to shake, crypto followed. On Binance, order books suddenly emptied. Support “walls” vanished, leaving the market in free fall.

Binance: Margin Chaos and Technical Failures Deepen Losses

Adding to the confusion, experts like Martin Hiesboeck from Uphold claimed that the crash began with a targeted exploit in Binance’s Unified Margin Account system. Assets like USDe, wBETH, and BNSOL were manipulated, causing nearly $1 billion in forced liquidations.

On-chain analysts and Colin Wu reported that USDe’s price on Binance dropped to $0.65, while on other platforms it remained above $0.90.

The exchange’s technical failures worsened the situation: stop and limit orders froze, only liquidations went through, and even low-leverage traders suffered massive losses. Between 11:00 PM and midnight, thousands of Bitcoins were sold within minutes.

At the $108,000 level, liquidity providers stopped defending the market, and some altcoins dropped by as much as 80%. This crash highlighted the real risks of centralized exchanges — system flaws, manipulation, and frozen orders can turn a correction into total destruction.

Donald Trump: 100% Tariffs on China

Meanwhile, President Trump announced 100% tariffs on Chinese imports at the height of the instability, further fueling the fire. Stocks dropped first, followed by a massive crypto selloff.

Some traders even accused Trump-affiliated entities of selling tokens ahead of the announcement, hinting at potential insider trading.

Key Lessons: Lack of Transparency and the Vulnerability of Centralized Platforms

The crash once again raised serious concerns about transparency, exchange stability, and the risks of centralized control in crypto trading.

The community is calling for greater accountability, real-time liquidation data, and protective mechanisms against false liquidations. Now, the spotlight is not just on prices, but on the structural integrity of the platforms where billions are at stake.