Day: 16 October 2025

Quick Breakdown  Binance finalizes acquisition of South Korean crypto exchange GOPAX after two-year regulatory delay. Financial authorities approve executive changes following Binance’s $4.3B U.S. settlement. The move signals Binance’s renewed push into Asia amid easing global regulatory pressures.   Binance has officially completed its acquisition of GOPAX, a South Korea-based ...

Bitcoin’s rapid surge to an all-time high of $126,100 has been abruptly reversed, following one of the largest futures deleveraging events in history and weakening ETF inflows that signal cooling institutional appetite. Bitcoin’s Record Run Reverses. Source: Glassnode Massive leverage flush hits bitcoin derivatives According to Glassnode’s latest on-chain report, ...

Quick Breakdown OKX extends collateral mirroring service with Standard Chartered to the EEA. The programme lets institutions trade crypto while assets stay in bank custody. Expansion aligns with MiCA rules, boosting regulated crypto infrastructure.   Crypto exchange OKX is extending its collateral mirroring programme with Standard Chartered Bank into the ...

Quick Breakdown  Coinbase announces plans to list BNB on the BNB Smart Chain. CZ welcomes the decision, calling it a logical move for the exchange. BNB briefly rose 0.5% before stabilizing at around $1,180.   Coinbase has announced that it will list BNB, the native token of BNB Chain, marking ...

Quick Breakdown  BitMine Immersion Technologies purchased 104,336 ETH worth $417 million, expanding its Ethereum holdings. The firm now holds 3.03 million ETH (≈$12.2 billion) as part of its goal to control 5% of Ethereum’s total supply. Chairman Tom Lee predicts ETH could reach $10,000–$12,000 by year-end, citing “true price discovery.” ...

Quick Breakdown  Re integrates Chainlink Proof of Reserve to verify off-chain collateral for decentralized reinsurance contracts. The integration enhances transparency and trust in regulated, on-chain reinsurance backed by institutional capital. Chainlink’s decentralized oracle ensures real-time verification of Re’s collateral, reducing risk and improving investor confidence.   Decentralized reinsurance protocol Re ...