Author: NBTC

The sudden market downturn that shook the crypto market this week may have been the result of a coordinated attack directed at Binance, according to Forgiven, an executive from the Conflux (CFX) network. In a post shared on X, the executive alleged that the incident exposed structural flaws that allowed cascading liquidations across major trading pairs. 1011大暴跌主任推测是一次有预谋的针对Bn和Bn某主要做市商的攻击,而阿喀琉斯之踵就在币安的统一账户合约保证金的问题上.除了正常U本位和币本位可以保证金外,Bn也放开了pos衍生物和理财型稳定币做统一保证金的选项。这次被攻击最严重的三个保证金标的分别是USDE, Wbeth和BnSol.… pic.twitter.com/fWLXqqQLQO — Forgiven (@forgivenever) October 11, 2025 Related: CoinGlass Accuses Binance of Underreporting Liquidations in Trump-Induced Crypto Crash How the Exploit Hit Binance’s Margin System Forgiven explained that Binance’s architecture lets traders use a mix of collateral, from USD- and coin-margined contracts…

Ethereum has been closing in on its recent all-time high mark and could keep climbing past it to a fresh record of $5,000 or more, if institution demand and progress towards its Fusaka upgrade continues to be encouraging, an analyst said. “Ethereum’s path toward $5,000 will depend on a confluence of sustained institutional demand, upgrade-driven scalability, and supportive macro conditions,” Javier Rodriguez-Alarcón, chief investment officer at digital asset investment firm XBTO, told Decrypt. “Spot ETH ETFs have seen robust inflows, over $1.3 billion in the past week alone, signaling renewed conviction from institutional allocators.” “On-chain metrics and whale accumulation patterns…

Russia’s foreign trade settlements with cryptocurrency approached $12 billion in the first half of the year, according to the Kremlin’s business advisor. The Russian president’s representative is convinced that cryptocurrencies are catching up with gold in terms of stability and are no longer a niche phenomenon. Kremlin official compares cryptocurrency to gold Cryptocurrencies like Bitcoin have ceased to be a niche asset and have already become as stable as gold, said Boris Titov, Commissioner for the Protection of Entrepreneurs’ Rights under the President of the Russian Federation. Quoted by the Gazeta.ru website, Titov highlighted that the crypto market’s capitalization has…

The sharp decline in Bitcoin and altcoins on Friday night was thought to have begun after US President Donald Trump announced steep tariffs on China. However, recent allegations suggest that the move may actually have been an orchestrated attack on Binance. Many trading pairs on Binance experienced abnormally deep price declines compared to other exchanges. This is considered a technically challenging anomaly. An attacker allegedly exploited vulnerabilities in the BNSOL/WBETH price oracle and overleveraged positions in the USDe stablecoin, simultaneously opening a large short position on the Hyperliquid exchange. Binance founder Changpeng Zhao (CZ) shared the following on the subject:…

Theta Capital Management plans to raise $200 million for its latest blockchain funds-of-funds. The company said it’s raising funds to capitalize on early-stage blockchain opportunities despite venture funding in the sector remaining subdued. According to the company’s report, its new vehicle, Theta Blockchain Ventures V, will distribute the capital to between 10 and 15 venture firms specializing in digital assets. Theta Capital also aims for a net internal rate of return of 25% from the investment. Theta continues its Blockchain Venture series Bloomberg reported that a spokesperson from Theta Capital confirmed the details of the $200 million capital raise. The…

Solana has once again taken the crypto world by storm, surpassing Ethereum and Binance Smart Chain in 24-hour decentralized exchange (DEX) trading volume. This surge marks Solana’s return to dominance in a space long ruled by Ethereum, highlighting its growing traction among traders and DeFi enthusiasts. Over the past day, Solana recorded a massive spike in DEX transactions, driven by rising liquidity, faster transaction speeds, and a flurry of meme coin and DeFi activity. The network’s scalability and low fees have made it a preferred hub for active traders looking for efficiency without the congestion often seen on Ethereum. The…

The digital landscape is in constant flux, a testament to humanity’s unyielding drive for progress. From the early days of dial-up to the hyper-connected world we inhabit, the internet has reshaped nearly every facet of our lives. Yet, as we stand at the precipice of web3, a new paradigm emerges, promising a more equitable, transparent, and user-centric digital experience. This shift hinges on two pivotal concepts, decentralization and mainstream adoption. The journey towards a truly decentralized and widely adopted web3 is fraught with challenges, but the insights from industry leaders paint a compelling picture of the path forward. First, we…

Ethereum price today is trading near $4,680, consolidating just below the $4,734 resistance level after a sharp recovery from $4,400. The market is balancing strong institutional inflows with new adoption tailwinds after Samsung introduced native Ethereum staking on its Galaxy devices, a move that could expose over 200 million users to direct ETH participation. Ethereum Price Tests Major Breakout Structure ETH Price Dynamics (Source: TradingView) The daily chart shows Ethereum pressing against a descending triangle breakout zone near $4,700–$4,750, which has capped upside momentum since mid-August. A successful breakout above this area would confirm continuation of the uptrend within the…

As stablecoin and cryptocurrency adoption accelerate worldwide, emerging markets face mounting risks to monetary sovereignty and financial stability, according to a new report from Moody’s Ratings. The credit rating service warned that widespread use of stablecoins — tokens pegged 1:1 with another asset, usually a fiat currency like the US dollar — could weaken central banks’ control over interest rates and exchange rate stability, a trend called “cryptoization.” Banks could also “face deposit erosion if individuals shift savings from domestic bank deposits into stablecoins or crypto wallets,” the report said. Crypto adoption risks in different markets. Source: Moody’s Moody’s said…

According to breaking news, Binance will cover the $283 million loss incurred as a result of the loss of BNSOL, WBETH, and USDE’s peg. In its statement, the exchange stated that the global macroeconomic developments between 23:50 on October 10, 2025 and 01:00 on October 11 (UTC+3) led to extreme volatility in the crypto market. It was stated that both institutional and individual investors started selling heavily during this period, which caused a sharp decline in the markets. Binance announced that its futures and spot matching engines, as well as API transactions, were operating smoothly during this period, and that…