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A cryptocurrency exchange is closing its doors after nearly a decade in business. CoinEx, which has its operating headquarters in the Seychelles, says it is entering an orderly wind-down with all user assets fully backed. Withdrawals opened September 15, 2026, and remain available until 02:00 UTC on December 22, 2026. The platform launched December 22, 2017, and will formally cease operations exactly nine years later. Founder and CEO Haipo Yang is stressing user protection in a public statement. “Dear CoinEx Community, Today, I am announcing that CoinEx will cease operations and begin an orderly wind-down.” He adds that reserves exceed 100% with every asset available for withdrawal. “CoinEx maintains an asset reserve ratio of over 100%. All user assets are fully backed and available to withdraw.” The decision follows market downturns, declining volumes, and rising regulatory costs. Yang considered selling but chose against it for a clean ending...

A major billion-dollar bank is executing a live pilot of its proprietary dollar-backed stablecoin on a public blockchain to move funds across borders. U.S. Bank, which is headquartered in Minneapolis, Minnesota, says the transaction was completed on the Stellar network between its North American and European entities. The pilot validates the bank’s Digital Asset Platform, which supports minting, redemption, freezing and clawback functions while remaining linked to existing finance, risk and compliance systems. Gunjan Kedia, chairman and chief executive officer at U.S. Bank, addressed the pilot’s impact. “This live pilot demonstrates our ability to accelerate global cash management and money movement capabilities. We are excited to create value for our clients and harness the power of a new technology within the banking system.” Jamie Walker, head of Digital Assets and Money Movement at U.S. Bank, discussed the strategy. “This pilot is anothe...

Hyperliquid (HYPE) continues to display strong growth. climbing to a new all-time high of $88 earlier today. CoinGecko data shows that HYPE’s price has risen by 5.2% in the last 24 hours, 18.5% in the 14-day charts, and more than 51% over the last month. Let’s discuss what’s behind the latest bullish push and if the asset can hit $100 next. Source: CoinGecko Why Did Hyperliquid Hit An All-Time High Today? Source: InvestX Hyperliquid (HYPE) has been one of the top performing cryptocurrencies of 2026. The asset saw increased price action after the Hyperliquid exchange experienced a rise in users earlier this year. Traders flocked to the platform to trade oil futures. Hyperliquid became an attractive destination due to its 24/7 trading availability. The platform saw increase fee collection, which it uses to buy back its native HYPE token. A surge in buy backs led to lower circulating supply, causing the asset’s price to spike. Hyperliquid’s (HYPE) latest price...

Shiba Inu’s (SHIB) lackluster streak came to an end earlier this week after the coin briefly reclaimed the $0.000006 price level. SHIB has since dipped to the $0.000005 mark and could face another steep price correction in the coming days. Let’s discuss what may happen for the memecoin next. Is Shiba Inu (SHIB) heading for another price crash? Will Shiba Inu Face Another Price Crash? Source: Pixabay Shiba Inu (SHIB) is already showing signs of weakness. SHIB’s price has failed to hold on to the $0.000006 price level. According to DefiLlama data, Shiba Inu’s (SHIB) Shibarium network has seen a 74% plunge in tis TVL (Total Value Locked). Shibarium’s TVL stood at over $120,000 a few days ago, but has fallen to the $31,000 level since. The larger cryptocurrency market is also slowing down, with Bitcoin (BTC) dipping to $79,000. The market rally was fueled by increased liquidity due to the US Treasury’s decision to increase bond buy backs. The move led to ...

Ripple’s XRP token is currently one of the best-performing cryptocurrencies in the market right now, outshining major assets such as Bitcoin (BTC), Ethereum (ETH), etc. CoinGecko data shows that XRP’s price has risen by nearly 20% in the last 24 hours and more than 56% in the last week. XRP has reclaimed the $1.60 price level for the first time since February 2026. Let’s discuss why XRP is up today, and if you should be bullish on the asset. Source: CoinGecko Why Is XRP Up Today? Source: TradingView XRP’s rally comes amid a larger market-wide resurgence. Bitcoin (BTC) has climbed to the $77,000 price mark after months of struggle and other assets are following its trajectory. There are several factors that may have led to the market rally. Firstly, President Trump hosted a cryptocurrency event at the White House, inviting several CEOs and founders from the sector. Ripple CEO Brad Garlinghouse was also one of the attendees. During the event Trump stated that the U...

From Farms to Hubs: The Expanding DeFi Universe! When you first heard of decentralized finance (DeFi), you m ay have imagined yield farmers donning digital overalls, poring over liquidity pools, and harvesting tokens like cryptocurrency corn. But today’s DeFi is no longer just about farming—it’s evolving into a sophisticated network of integrated liquidity hubs, cross-chain ecosystems, and modular finance structures. Let’s roll up our sleeves and dive into this evolution—from the era of yield farming to the rise of high-functioning DeFi hubs. 1. Harvesting the Yield: The Farming Era In the beginning, DeFi’s allure was simple and seductive: supply crypto assets, earn rewards. That’s the essence of yield farming —users provide liquidity or stake tokens in protocols to generate yield. At its core, you deposit tokens into a liquidity pool (e.g., the Uniswap ETH/USDC pool). That pool enables trades, and you earn a share of fees plus any extra incentives. Add the token-reward layer (...

A Ukrainian man accused of using the Conti ransomware for cryptocurrency extortion was extradited from Ireland to the US yesterday to begin legal proceedings in Tennessee, according to the US Justice Department. Oleksii Oleksiyovych Lytvynenko was arrested and charged in 2023 for conspiring to infect people’s computers, encrypt their data, and hold it for ransom.  The 43-year-old and his co-conspirators allegedly extorted over $500,000 worth of crypto from two victims in Tennessee and shared a third victim’s stolen data online.  Lytvynenko’s alleged role involved managing the stolen data and helping out with the ransom notes given to Conti victims.  Europol bounty for Russian crypto ransomware gang wasn’t real Read more: LockBit ransomware gang sends ‘friendly advice’ to new FBI Director Kash Patel Conti is a ransomware-as-a-service tool created by Russian hacking collective “Wizard Spider” in 2019. The FBI claims that, as of January 2022, Conti ha...

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SpaceX‘s Bitcoin transfer activity totaling $31.28 million has been tracked by Arkham Intelligence, marking the aerospace company’s third major Bitcoin movement in just under two weeks. The transfers involve 281 BTC that were moved to new wallet addresses, and this comes as Tesla’s Bitcoin holdings remain substantial at approximately $1.25 billion , or 11,509 BTC tokens according to data from Arkham Intelligence right now. SpaceX(@SpaceX) just transferred another 281 $BTC($31.28M) to a new wallet — likely for custody purposes. In the past 10 days, #SpaceX has moved their BTC holdings three times.https://t.co/zW62EKM2RD pic.twitter.com/XstZgyryOA — Lookonchain (@lookonchain) October 30, 2025 Musk’s Crypto Strategy: SpaceX Bitcoin Transfer and Tesla Holdings Explained Source: digivestasi.com SpaceX Bitcoin Transfer Patterns Bring Up Questions The recent SpaceX Bitcoin transfer is actually the third significant movement within 10 days, which has brought up que...

US President Donald Trump and Chinese leader Xi Jinping prepare to meet for the first time since 2019 to finalize the trade deal. The meeting is set up in Gyeongju, South Korea, after a fierce rivalry broke out between the two nations since Trump imposed tariffs. However, gold proponent Peter Schiff cautioned that even if the US-China trade deal goes forward, de-dollarization will never stop. Also Read: Trader Loses Life Savings After Going All-In on Beyond Meat Stock China Will Continue the De-Dollarization Process, Says Peter Schiff Source: Shelbi Austin / Pavel Brykin / Li Muzi / Sputnik / AFP / Xinhua / Getty Images Schiff warned that the US-China deal will do nothing to address the rising budget deficits, interest rate cuts, soaring inflation, and de-dollarization. The average American will gain nothing out of the deals as the economic situation worsens in the homeland. He stated that Trump is trying to solve a problem that would not have existed if he hadn’t started it in th...

Doodles, the team behind the globally acknowledged non-fungible token collection, “Doodles,” has partnered with Universal Monsters, the entertainment studio that brings classic horror icons like Dracula and Frankenstein into the Web3 space, to launch a new sticker non-fungible token collection on Telegram. In response to this integration, Doodles has seen its daily trading sales surge by 13% from the past day. Doodles & Universal Monsters NFT Integration In an October 28 blog post, the Doodles NFT team confirmed that they have partnered with the Universal Monsters team to launch non-fungible token stickers on Telegram. Launched in Oct 2021, Doodles is a non-fungible token project from the digital artist “Burnt Toast” and his team featuring a limited edition of 10,000 cartoon profile pictures hosted on the Ethereum blockchain network. timeless icons of horror, ushered into the onchain era.@UniversalPics' Universal Monsters x Doodles. coming to @ton_blockch...

Instant funding crypto prop firms eliminate evaluation phases, giving traders immediate access to capital and profit-sharing opportunities. The crypto prop trading industry has evolved significantly, with several platforms now offering instant funding models that allow traders to start generating profits from day one without completing lengthy challenges or evaluations. This comprehensive guide explores the seven best instant funding crypto prop firms, focusing on platforms that provide immediate capital access, competitive profit splits, and robust trading infrastructure for cryptocurrency markets. What is Instant Funding on Crypto Prop Firms? Instant funding prop firms provide traders with immediate access to trading capital without requiring challenge phases or evaluation periods. Unlike traditional prop firms that require traders to pass multi-phase assessments, instant funding models allow you to start trading live accounts immediately after purchasing an account, making the...