KuCoin VENOM NFP Delisting: Withdrawals Closed, USDT Buyback Cap

KuCoin has offered VENOM and NFPrompt (NFP) holders a route out of two tokens that they currently cannot withdraw. That route is neither a token transfer nor an unconditional redemption: it is a limited, application-based USDT buyback, capped at 100 USDT per user across both tokens.  KuCoin announced the arrangement on October 12. The exchange says deposit services for VENOM and NFP are already closed and will not reopen. Withdrawals are unavailable and, in the wording of the official notice, will remain closed because the withdrawal service is unavailable. Meanwhile, trading continues only until the announced October 14 delisting, subject to the live platforms operational state.  This is a more severe exit condition than a routine delisting that leaves users a month to transfer their original assets. A holder who wants to retain VENOM or NFP outside KuCoin cannot currently use KuCoin to deliver those tokens on-chain.Two separate clocks: market exit and buyback claim  On October 14 at 06:00 UTC, KuCoin plans to shut down affected Spot Trading Bots. At 08:00 UTC on the same date it plans to delist the spot trading pairs. Outstanding spot orders will be removed when trading ceases; bots that users have not closed will be shut down

2 دن پہلےانڈسٹری ریسرچ

Seoul Moves to Block 27 Crypto Exchanges. Will Korean Money Come Home?

South Korea has ordered domestic access blocks on 27 unregistered crypto exchange websites, including KuCoin, MEXC, Phemex, BingX, and BitMart. The Financial Intelligence Unit (FIU) disclosed the order on October 13.  The countrys communications review body approved the blocks after reviews on October 6 and 7. Sites hosted abroad face access blocks, while those with servers or operators in Korea face service termination.  Follow us on X to get the latest news as it happens  Sponsored  Sponsored  South Korea Takes Its Crypto Crackdown to 27 Websites  The FIU had already asked Google and Apple to block new installs and updates of unregistered exchange apps. In March 2025, Google Play restricted 17 such platforms, including KuCoin and MEXC.  Regulators plan to seek blocks once they detect unregistered activity, pending the review bodys approval. According to the FIU announcement, they will no longer wait for court rulings or confirmed user losses.  Regulators judge whether an offshore platform operates locally by weighing Korean-language sites, marketing to Koreans, and won payment support. Operating without registration can bring up to five years in prison or a 50 million won fine.  The FIU has referred 44 unregistered operators to investigators. It plans to seek further blocks on replacement sites that relaunch under new addresses.  Sponsored  Sponsored  What the

2 دن پہلےانڈسٹری

Bulls Absorb 89% of $774 Million Crypto Liquidations as Leverage Unwinds

Leveraged bulls took the brunt of a $774.14 million crypto liquidation wave over the past 24 hours, losing $688.56 million.  Those traders were caught on the wrong side of the selloff, as macro and geopolitical factors weighed on markets, and a sharp stock rout in Asia added to the strain.  Sponsored  Sponsored  Ethereum Longs Paid the Biggest Crypto Liquidations Bill  BeInCrypto Markets data showed the total crypto market cap fell 4.40% to $2.77 trillion over the past 24 hours. Bitcoin (BTC) dropped 2.67% to $81,594, while Ethereum (ETH) lost 4.46% to $2,429.16.  Altcoins fell further, with Solana (SOL) declining 7.11% to $103.62 and Zcash (ZEC) sliding 9.54%.  The drop caught traders betting on higher prices. CoinGlass data showed 172,662 traders liquidated, with longs making up 88.9% of the total and shorts accounting for $85.58 million.  Crypto Liquidations Over The Past 24 Hours. Source: CoinGlass  Ethereum led with $169.23 million in liquidations, 86.3% of them longs. Bitcoin followed at $160.48 million, with longs at 90.2%. Solana saw $60.41 million wiped out, 94.2% of it longs.  The largest single order was a $9.65 million BTCUSDT long on Binance, liquidated at $81,772.75. Binance handled 51.9% of all liquidations.  Sponsored  Sponsored  While longs took heavy losses, some traders who bet on a decline sat on notable gains.

2 دن پہلےانڈسٹری

XRP Underperforms Following Evernorth's Public Debut

Despite the big public launch of Ripple-backed Evernorth (the largest public XRP treasury company), XRP underperformed the rest of the crypto market.  As data from CoinGlass indicates, over the last 24 hours, XRP has declined by 3%. Currently, the price of XRP stands at $1.37. The market cap of XRP is about $86.4 billion.  This decline follows bearish crypto market trends. The overall crypto market cap has dipped by 2.8%.  However, XRPs drop is particularly bad in comparison with other top cryptos. While Bitcoin (BTC) is only declining by 1%, Ethereum (ETH) is declining by 0.5%.  Evernorth goes public  Evernorth Holdings has been listed on the Nasdaq stock exchange. Evernorth Holdings has begun trading on Nasdaq (ticker: XRPN) on Oct. 12 following the completion of its business combination with Armada Acquisition Corp. II on Oct. 9.  It means that Evernorth has now gone public with about 473M tokens of XRP, which is equal to about $648M at the current XRP price.  Evernorth also announced that the gross cash proceeds it received are about $300M (excluding transaction costs).  It will be the largest public pure-play XRP treasury company after the completion of the transaction, as per company announcements.  Important investors such as Ripple, SBI Group, Arrington Capital, Pantera Capital, Kraken,

2 دن پہلےانڈسٹری

Aptos launches Encrypted Mempool: How does it work?

Aptos has launched its Encrypted Mempool feature on mainnet, allowing users to hide pending transaction details until validators finalize their order, as its native APT token fell more than 11% over 24 hours.  SummaryAptos has launched Encrypted Mempool on mainnet, protecting transaction details until validators finalize their ordering process.Users can activate transaction encryption individually, while sender addresses and network fees remain publicly visible throughout.Aptos says the system adds approximately 20 milliseconds of latency in tests involving 50 validators.Encrypted transactions require twice the base minimum gas price, alongside additional charges for decrypting transaction payloads.Bitquery identified 6.9 million Solana sandwich attacks affecting 2.2 million wallets during its investigation period.  Aptos confirmed the October 12 launch, saying the optional feature was designed to protect traders from frontrunning, sandwich attacks and other forms of maximal extractable value (MEV). The system encrypts transaction contents before they reach the network, preventing validators and outside observers from viewing the instructions while transactions await ordering. Once a block is finalized, validators collectively decrypt its contents and execute the transactions.  You might also like:  Aptos claims ‘first L1’ status for AI‑assisted formal verification of dynamic dispatch  Aptos Encrypted Mempool hides pending trades from bots  Through the new feature, users can encrypt transaction instructions before submitting

2 دن پہلےانڈسٹری

State of TRON Q3 2026 Report Highlights $2.21 Trillion in Stablecoin Settlement Amid Network Activity Growth

TRON DAO, the community-governed DAO dedicated to accelerating the decentralization of the internet through blockchain technology and decentralized applications (dApps), today highlighted key findings from its State of TRON Q3 2026 ecosystem report.   The report examines network activity, stablecoin settlement, liquidity, tokenomics, developer activity, decentralization, and protocol governance during the third quarter of 2026.  TRON surpassed $30 trillion in cumulative transaction volume in Q3 2026, marking another milestone for a network used as infrastructure for stablecoin settlement and digital-asset transfers. At the same time, stablecoin supply and total value locked continued to expand, while the networks active-address base grew and transaction activity remained broadly steady.  Key Insights  Sponsored  SponsoredIn Q3, TRON surpassed $30 trillion in cumulative transaction volume.Stablecoin settlement reached $2.21 trillion in the Q3 reporting period, with average daily volume rising 3.9% from Q2 to $24.05 billion.Canary Capital launched the Canary Staked TRX ETF (TRXS) on September 9, 2026. TRXS gives investors exposure to the spot price of TRX—the native utility and governance token of the TRON blockchain network—alongside passive net staking rewards reflected directly in the fund‘s daily net asset value. TRON DAO’s team rangthe Cboe Closing Bell in Chicago on September 29 to celebrate its launch.TRON expanded its ecosystem collaborations in

2 دن پہلےانڈسٹری

Binance to shut down its crypto mining pool on Nov. 10

Binance has announced that it will permanently shut down Binance Pool and its related cryptocurrency mining services on November 10, 2026, at 07:00 UTC, ending support for mining connections, reward generation and several associated products.  SummaryBinance will discontinue its mining pool and related services on November 10 at 07:00 UTC.Miners must switch to other mining pools before Binance disables connections and stops accepting hashrate.Pool Savings, Cloud Mining, Transaction Accelerator and related APIs will close under the announced schedule.Eligible unpaid mining rewards and refunds will be processed after closure under applicable Binance rules.Binance will retain historical mining records until November 24 before permanently closing the relevant pages.  Binance confirmed the decision in an October 13 announcement, saying the closure follows its ongoing review of products and services. The affected offerings include Binance Pool, Pool Savings, Cloud Mining, Transaction Accelerator, mining APIs and automated hashrate notifications. Users have been instructed to move their mining equipment to other pools before the cutoff to prevent interruptions.  You might also like:  Why Is Binance Removing 8 Services and 22 Tokens in Brazil?  Binance Pool shutdown will end mining rewards on November 10  Beginning at 07:00 UTC on November 10, Binance will disconnect mining equipment from its pool and disable the Stratum

2 دن پہلےانڈسٹری

BLUR price crashes 29% as NFT marketplace plans shutdown

NFT marketplace Blur has announced plans to shut down its website frontend and stop matching new loans through its Blend lending protocol on November 12, 2026, as its BLUR token plunged more than 29% in 24 hours.  Blur confirmed the decision in an October 12 post on X, stating that the shutdown would affect only the website interface. Its underlying marketplace protocol will continue operating onchain, while BLUR will retain control over the protocols fee switch. The company separately announced that Blend borrowers have until November 12 to repay outstanding loans or allow them to default.  1The https://t.co/zPQ1jqR7pT frontend will be deprecated on November 12, 2026.  This deprecation only applies to the frontend.  The Blur marketplace protocol will remain operational on-chain, and $BLUR will continue to control its fee switch.  BLUR price drops 29% as trading volume surges  Following the announcement, BLUR recorded a sharp selloff, falling 29.1% over the past 24 hours. According to CoinGecko, the token was trading at $0.01341 at press time, with its market capitalization standing at approximately $38.75 million. The cryptocurrency moved between $0.01267 and $0.01909 during the same period.  Trading activity increased during the decline, with BLURs 24-hour trading volume reaching $42.6 million. The latest figures showed a fully diluted valuation

2 دن پہلےانڈسٹری

Less-Risky Treasuries Now Pay Better Than S&P 500 as Yield Spread Hits -1.5%

The Ss earnings yield and the 10Y Note yield is down to -1.5 percentage points, its lowest since 2009.  Since 2022, this yield difference has fallen -440 basis points, its largest 5-year decline since the…  The spread narrows when stock prices rise faster than earnings, or when Treasury yields climb.  Sponsored  Sponsored  Meanwhile, oil-driven inflation and heavy federal borrowing have pushed yields higher. The 10-year touched about 5.36% on Oct. 7, its highest since 2002.  At that yield, a -1.5 point spread implies an earnings yield near 3.9%, or roughly 26 times trailing earnings.  Historically, negative readings have coincided with heavy risk-taking and elevated valuations, Kobeissi notes.  Does a negative premium mean stocks must fall?  Not necessarily. Bloomberg columnist Nir Kaissar found in 2025 that the premium barely predicted returns over one to five years.  However, the link to 10-year returns was stronger, at a 0.51 correlation, suggesting lower premiums precede weaker long-run gains.  In contrast, forward earnings paint a calmer picture, with the S&P 500 near 19 times expected profits, according to FactSet. That equals an earnings yield near 5.3%, roughly level with the 10-year Treasury.  The Kobeissi Letter expects an eventful fourth quarter, though the spread alone cannot time a turning point. With the S&P 500 near records on narrow

2 دن پہلےانڈسٹری

Muse Wonder Lifts Meta Stock 3.4%: Can Subscriptions Pay for Its AI Spending?

Meta stock (META) rose 3.4% on Monday after the company launched Muse Wonder, its first top-tier frontier AI model. That is roughly a third of the 11% one-day surge Muse enthusiasm sparked in September.  Meta says its benchmarks put Wonder and the larger Muse Wonder Full level with top systems from OpenAI and Anthropic. The smaller reaction suggests investors priced in much of the turnaround during Septembers rally.  Why Did Meta Stock React Less Than It Did to Muse?  Meta climbed even as S&P 500 tech stocks fell 0.9%, according to Bloomberg. Still, the gain trailed September‘s 11% one-day jump on Muse, Meta’s personal AI agent. Shares gained nearly 27% across September.  Sponsored  Sponsored  Meta‘s benchmark comparisons come from its own testing, TechCrunch reported. Muse Wonder Full, the stronger model, is limited to subscribers of Muse Code, Meta’s AI coding tool.  Developers can buy only the smaller Wonder, at $4 per million input tokens, the text units models read. That price sits close to Anthropics Opus 5.5, which suggests a subscription play rather than a developer land grab.  Can Subscriptions Justify the Spending Behind Wonder?  Wonder will soon power the Muse agent, initially for paying subscribers. Oppenheimer analyst Jason Helfstein estimates 115 million subscribers at $20 monthly would yield

2 دن پہلےانڈسٹری
1
...
1618
...
1000