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Binance says tokens did not crash to $0, claims 'display' issue responsible

Crypto exchange Binance issued an update to users after several tokens on the platform apparently crashed to $0 in the wake of Friday's market meltdown, saying that the tokens did not actually crash, but showed a $0 price to users due to a “display issue.”

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BNB's market value exceeded 180 billion US dollars, surpassing USDT, and the market value of crypto assets ranked 3rd

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Solana Synthetic Stablecoin Protocol Solstice TVL Surpasses $200 Million

Solana synthetic stablecoin protocol Solstice went live on the 12th with a TVL surpassing $200 million. Earlier in the month, it introduced an interest-bearing synthetic stablecoin called USX and a native staking protocol. It achieves delta-neutral returns through arbitrage and staking strategies, fully collateralized by USDT and USDC to maintain the peg. Holders can access the YieldVault protocol.

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Last week, global cryptocurrency investment products saw inflows of $3.17 billion, bringing this year’s cumulative inflows to a record $48.7 billion.

Although the market plunged on Trump’s tariff remarks and some coins fell to '0', U.S. Bitcoin ETFs drew $2.7 billion and Ethereum ETFs took in over $300 million, keeping investor enthusiasm intact.

Weekly trading volume also hit a record $53 billion.

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JUST IN: 🟠 Bitcoin whale who shorted minutes before Trump's tariff announcement has just added another $46M❗️

The short is now worth $208M total

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ICYMI: 🇺🇸 STRATEGY BUYS ANOTHER 220 BITCOIN FOR $27.2 MILLION

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The Smarter Web Company (AQUIS: SWC) adds 100 more Bitcoin for £9.08M, bringing its total holdings to 2,650 BTC under its “10 Year Plan.”

The Smarter Web Company PLC is a London-listed technology firm and the UK’s largest publicly traded company holding Bitcoin on its balance sheet. The company announced the purchase of an additional 100 Bitcoin as part of its long-term treasury plan, known as “The 10 Year Plan.”

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JPMorgan confirms on CNBC that they will allow clients to trade Bitcoin and crypto but not yet launch custody services

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Wall Street giant Citi bank to launch Bitcoin and crypto custody services in 2026

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Binance airdrops $45M in BNB to memecoin traders hit by market crash

The compensation plan marks Binance ecosystem’s biggest user relief effort yet following the crypto market wipeout of about $20 billion.

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Bhutan migrates its national ID system to Ethereum

The Kingdom of Bhutan has tapped Ethereum to store the national identities of its roughly 800,000 citizens, leveraging the network’s immutability and decentralization.

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Key Trading Data: U.S. 10-Year Treasury Yield Falls to 4.0240%, a Near One-Month Low

According to market information, the yield on the U.S. 10-Year Treasury fell to 4.0240%, marking a near one-month low, with the rate at 4.0302% and a 24-hour decline of 0.67%.

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U.S. Government Shutdown Forecast Summary (Polymarket · Kalshi)

Prediction markets expect the U.S. government shutdown that began on October 1 to be likely to continue into November. On Polymarket, the odds of ending in October are 34%, November or later is 66%, and the median is November 4–7. Kalshi likewise has 64% for lasting 30+ days and 48% for 35+ days, implying roughly 4–5 weeks.

For reference, the longest government shutdown in U.S. history lasted 35 days, from December 22, 2018 to January 25, 2019.

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JUST IN: 🇺🇸 The U.S. Government just transferred 667.6 Bitcoin worth $74.7 million to a new wallet 👀

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Tether reached a settlement by paying nearly $300 million to the Celsius bankruptcy consortium

The Blockchain Asset Recovery Investment Alliance (BRIC) announced that Tether has paid $299.5 million to the Celsius Network bankruptcy consortium to resolve the relevant lawsuits filed in August 2024. BRIC was jointly established by GXD Labs and VanEck, which is responsible for managing Celsius's asset recovery and litigation affairs.

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🇰🇪 Kenyan parliament passes Bitcoin and crypto law in an attempt to boost investments

The "Virtual Asset Providers Bill" seeks to address worries over a lack of clear regulations.

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🇺🇸 Republicans introduce bill to allow Bitcoin and crypto in 401ks under federal law

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Binance rolls out $400M program for traders hit by Friday’s downturn

Binance and BNB Chain have pledged a total of $728 million in support for traders following the sell-off, but the exchange maintains it is not responsible for users’ losses.

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2025/10/15 01:13:56
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