Key Notes Ledger Live now supports TRX staking with dual reward streams, offering both block and vote rewards to millions of hardware wallet users. TRON processes over $21.5 billion in daily USDT transfers, holding 28% of stablecoin network dominance as of June 2025. Increased on-chain stablecoin activity insulated TRX from downswings affecting Bitcoin and major Layer-1 altcoins during the session. Tron TRX $0.32 24h volatility: 0.2% Market cap: $29.95 B Vol. 24h: $972.67 M price saw a rare 1.8% bounce on Thursday, October 16, emerging the only top 10 ranked…
Day: October 16, 2025
New Wallets Move Over $160M In Bitcoin From Binance And FalconX – Details
Bitcoin is navigating a critical test as it trades slightly above the $110,000 mark, with bulls working to defend key support after last Friday’s sharp crash. The market remains tense, and sentiment is split between hopes of recovery and fears of another leg down. Related Reading After one of the most volatile weeks of the year, BTC is showing signs of consolidation, but uncertainty dominates as traders assess whether this is the start of a stabilization phase or a temporary pause before another sell-off. Analysts note that price structure remains…
Typus Finance’s Unaudited Contract Loses $3M, 3rd Major Sui Exploit in 2025
Key Notes An unaudited TLP contract and missing authority checks in the oracle system enabled attackers to drain millions in multiple tokens. The exploit affected only the TLP contract while SAFU and DeFi Options Vaults remained secure with recovery efforts underway. Sui’s DeFi ecosystem faces mounting scrutiny after three significant breaches totaling over $225 million in stolen assets this year. Typus Finance—a perpetuals and options decentralized exchange on the Sui Network—suffered a major exploit on October 15, losing over $3 million in tokens. This is the third major exploit on…
BREAKING NEWS: JP Morgan vs Ripple: Coinbase Joins the WAR
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io 🚀 BYDFI – DEPOSIT 100$ GET 50$ FREE + EARN XRP TRHOUGH VOLUME TIERS – PROMOTION ENDS IN 19 DAYS! 🟩 CLICK HERE 👉 💰 BIGGEST DEPOSIT BONUS OF ANY EXCHANGE – FLAT 10% BONUS ON FIRST CRYPTO DEPOSIT 🟦 BTCC 👉 🔥 BEST NON KYC EXCHANGE FOR TRADING XRP – MASSIVE PROMOTION 🟥 BLOFIN 👉 🔥Follow us on X! 00:00 Intro 01:02 The JPMorgan x Coinbase Deal 01:59 Why Ripple Should Care 02:58 The Hidden Battle for Stablecoins 04:00 The Ripple…
Daylight Raises $75 Million To Bring Distributed Solar Power to Homes
Daylight, a decentralized physical infrastructure network (DePIN) project focused on creating a distributed solar energy grid, has raised $75 million to expand its network of solar coverage in the United States. Daylight offers solar power as a subscription-based service to customers, removing the high upfront cost of purchasing and installing panels and batteries, which can cost consumers over $30,000. The project’s testnet went live in 2024. The network generates revenue through its subscription-based energy service and by feeding excess energy back to the power grid. Customers share in the revenues…
Ripple Acquires Treasury Management Solutions Firm GTreasury for $1B
Key Notes The acquisition grants Ripple access to Fortune 500 corporate clients and enterprise-grade treasury management infrastructure. Combined operations will focus on unlocking idle capital and enabling 24/7 cross-border payments for corporate treasuries. XRP price remains stable around $2.35 despite Ripple’s $2.45 billion total acquisition spending throughout 2025. Ripple has acquired GTreasury, a fintech firm specializing in treasury and risk management software solutions, in a $1 billion deal announced on Oct. 16. According to a press release, the acquisition gives Ripple and its customers access to “multi-trillion dollar corporate treasury…
Solana Staking Protocol, Jito (JTO) Gets $50M Investment from $46B AUM Andreessen Horowitz
Key Notes The private token deal includes long-term lockup terms with potential discount incentives for extended alignment. Solana’s staking ecosystem generates approximately $5 billion annually in rewards despite recent $1.4 billion withdrawals. A16Z’s investment follows similar major token purchases in LayerZero and EigenLayer over the past year. Venture capital firm Andreessen Horowitz (A16Z) acquired $50 million worth of JTO, the native token of Solana staking protocol Jito, marking a significant institutional investment in one of Solana’s leading liquid staking platforms. According to a Fortune report, the transaction marks the largest…
Lombard aligns with Story to build Bitcoin-based IP rails
Lombard is leveraging Bitcoin’s deep liquidity to act as a collateral layer for Story’s on-chain intellectual property, creating a new form of crypto-economic insurance for creators and rights holders. Summary Lombard partners with Story to integrate Bitcoin into programmable intellectual property. The collaboration introduces Bitcoin Revenue Distribution for instant royalty payments. The partnership targets South Korea’s $13.6 billion creative market, with Lombard’s $3 billion in Bitcoin liquidity and Story’s major IP partner According to a press release shared with crypto.news on Oct. 16, the partnership will see Lombard’s Bitcoin (BTC)…
Bitcoin Drops to $107K, Triggers $714M in Liquidations
On Oct. 16, the crypto market dropped below $3.8 trillion in value, led by bitcoin’s fall to $107,625—its lowest in over six weeks. Bitcoin and Altcoins Register Steep Losses The cryptocurrency market plunged on Oct. 16, with total market capitalization falling below $3.8 trillion. Leading the decline was bitcoin (BTC), which dropped to last seen […] Original
BTC Fear Hits Yearly Lows, Opening a Unique Buying Phase
Key takeaways: Bitwise analysts argue that selling pressure has likely peaked, and that dips may be good buying opportunities. Smaller BTC holders are accumulating even as miners increase exchange deposits. Recent weakness in Bitcoin (BTC) price appears to have dampened enthusiasm, with Google search interest for the asset falling to a multimonth low. The latest sentiment readings mirrored conditions typically observed during bearish phases, when caution dominates the broader crypto sentiment. Cointelegraph reported the Crypto Fear and Greed Index has fallen to a “Fear” level of 24, its lowest in…