Crypto news today
MEXC freezes $38.7M in USDT and boosts insurance fund to $791.7M
Why it matters: Rising freezes and a larger insurance fund reduce ADL and trader loss risks, but the data is based on the exchange's own reporting.
RBI Deputy Governor: AI and tokenization accelerate spread of financial risks
Why it matters: A signal from a major central bank that regulation of tokenization and AI will tighten as their influence on the financial system grows.
Taiwan uncovers $1.9 million crypto fraud scheme with 46 victims
Why it matters: The case shows that crypto fraud through fake apps and influencers remains a mass risk for retail investors.
MUFG: market has priced in a 25 bps Fed hike, dollar needs a more hawkish signal
Why it matters: The Fed's tone on further tightening will determine the trajectory of the dollar and risk assets, including bitcoin.
Coinbase bitcoin premium falls to one-month low after CLARITY Act failure
Why it matters: The drop in the Coinbase premium signals weakening U.S. demand and pressure on the BTC price.
XRP falls to $1.30 after CLARITY Act failure; next test at $1.26
Why it matters: The bill's failure and expectations of a Fed rate hike weigh on XRP; a break below $1.26 would open the way to $1.20 and lower.
Fed to hike rate to 4.0% as bitcoin falls after CLARITY Act failure
Why it matters: A rate hike and the failure of crypto legislation increase pressure on risk assets; Warsh's tone will set the market's direction.
Bitget reports 122% reserves and a $351 million protection fund
Why it matters: Regular PoR reports improve exchange transparency but do not replace an independent audit and are not deposit insurance.
U.S. August CPI rises to 3.4%, Waller allows for either a pause or a hike in September
Why it matters: The outcome of the Fed's September 15-16 meeting will determine the trajectory of bitcoin and risk assets; the market is pricing in a rate hike.
UK to allocate $676M and 500 officers to fight money laundering
Why it matters: Increased oversight of crypto transactions in the UK raises compliance burdens for exchanges and service providers.
KuCoin completes Nesa (NES) token migration at 1:1 ratio
Why it matters: NES holders must use only the new token on the ERC20 network, otherwise funds may be lost.
Binance Earn adds 11 US Treasury and bond ETFs
Why it matters: The largest exchange is expanding into traditional assets, intensifying competition with brokers and legitimizing crypto platforms as a channel to TradFi.
Balancer community proposes winding down protocol and liquidating DAO
Why it matters: Balancer's shutdown will be one of the largest closures in DeFi and could increase pressure on the BAL token and confidence in older protocols.
zondacrypto clients must file claims with Estonian trustee by October 27
Why it matters: Exchange clients may lose the chance to recover funds if they miss the deadline for filing claims in Estonia.
GoPlus warns of scam tokens on Arc after network launch
Why it matters: The growing number of scam tokens on new networks increases the risk of losses for retail investors.
Bitcoin holds near $75,900, market cap drops 4.7%
Why it matters: The daily trend is not yet broken, but hourly indicators and the 4.7% market drop pressure buyers; key levels are $75,552 and $76,891.
Indian crypto exchanges to absorb 0.4% UPI fee from October 15
Why it matters: Free rupee deposits via UPI were a key tool for attracting traders; now exchanges bear new costs, which could affect spreads and fees.
Nexthuse expands WON Chain validator set with Mblock
Why it matters: Expanding the validator set enhances the decentralization and resilience of the WON Chain network.
Moscow Exchange launches perpetual futures on five cryptocurrencies
Why it matters: The expansion of the derivatives lineup gives Russian professional participants access to crypto exposure without buying the coins themselves.
Dinosaur skeleton tokenized on Solana for $660K
Why it matters: A test of demand for RWA beyond stocks and bonds: it will show whether the market is ready to tokenize unique physical assets.