 
                FTX Was Never Insolvent, Claims SBF
In a new 14-page document dated Sept. 30, 2025, Sam Bankman-Fried claimed that FTX’s downfall was not the result of insolvency but a classic bank run.
Breaking news coverage from cryptocurrency world about key figures, exchanges, startups, investment, applications, regulation and more.
 
                
In a new 14-page document dated Sept. 30, 2025, Sam Bankman-Fried claimed that FTX’s downfall was not the result of insolvency but a classic bank run.
 
                
Nearly $13.5 billion in Bitcoin options and $2.5 billion in Ethereum options are set to expire on October 31, as traders brace for heightened volatility.
 
                
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World Chain partners with Mythical Games to create Mythos Chain, a Layer 3 blockchain using World ID for proof-of-humanity verification in games like NFL Rivals and FIFA Rivals.
 
                
Solana experienced its steepest single-day decline since early October, falling 6% to $182 as Jump Crypto rotated $205 million from SOL into Bitcoin, triggering bearish sentiment across derivative markets.
 
                
JPMorgan Chase has tokenized a private-equity fund on its Kinexys blockchain platform, completing the first live transaction for its private banking clients.
 
                
NEAR Intents, a cross-chain protocol on NEAR, approaches $3 billion in all-time volume, with over half achieved in the last month amid growing industry recognition.
 
                
Uphold has officially reintroduced its US debit card, offering up to 6% in XRP rewards on payments across fiat, cryptocurrencies, and stablecoins.
 
                
IQ and Frax introduced KRWQ, marking the debut of a won-pegged stablecoin on Base. The token uses LayerZero technology for cross-chain transfers.
 
                
SEGG Media unveils a $300 million digital asset strategy combining an 80/20 crypto treasury model with validator income and tokenized sports assets.
 
                
Ondo Finance and Chainlink announce partnership to boost institutional RWA adoption, with Chainlink providing oracle services for tokenized stocks and ETFs.
 
                
Investment firm 1kx analyzed over 1,200 protocols, projecting that total 2025 fees will reach $19.8B as blockchain infrastructure costs decline.
 
                
Bybit has announced that new registrations for Japanese users will no longer be accepted on its platform.
 
                
Core Scientific shareholders voted against a proposed $9 billion all-stock merger with CoreWeave on October 30, marking an unusual rejection in 2025’s merger-heavy crypto landscape.
 
                
Canaan Inc. will deploy Avalon A1566HA hydro-cooled mining servers in Japan to help balance power-grid loads for a regional utility by end of 2025.