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Blockchain security firm PeckShield reported Friday that a wallet suffered a devastating loss of roughly $21 million worth of crypto assets on Hyperliquid, a decentralized trading platform.According to PeckShield, the theft stemmed from a private key compromise, allowing an attacker to drain the victim’s funds in a single swift move.The hack was isolated and was targeted towards the victim’s wallet, not HyperLiquid itself.The stolen assets PeckShield claims included approximately 17.75 million DAI and 3.11 million MSYRUPUSDP, both of which the hacker has since bridged to Ethereum.Onchain data shows that the attacker’s wallet executed a series of transactions to move the…

Morgan Stanley is dropping long-standing restrictions on which of its wealth management clients can invest in crypto funds, broadening access across its $8.2 trillion platform. Starting Oct. 15, financial advisors will be able to offer bitcoin and crypto funds to any client — including those with retirement accounts — according to reporting by CNBC.  Until now, only investors with more than $1.5 million in assets and an aggressive risk profile could participate. In other words, Morgan Stanley will soon let all its wealth management clients, including those with retirement accounts, invest in crypto. No asset-cap required. The move marks a…

PANews reported on October 11th that BitMEX co-founder Arthur Hayes stated that the automated liquidation of collateral linked across margin positions on large centralized exchanges (CEXs) was the cause of the significant price decline for numerous altcoins during this period. He stated that "liquidation functions normally when limit orders are blocked," and added that it would be difficult for many high-quality altcoins to return to their previous lows in the short term.

Big Tech companies that once dismissed Bitcoin (BTC) as a balance sheet asset are now watching Strategy, led by Executive Chairman Michael Saylor, amass a digital asset treasury approaching the size of their own cash piles. The surge comes as Bitcoin hit a new all-time high above $126,000 this week, driven by investor demand for hard assets seen as hedges against US dollar debasement — a narrative increasingly likened to gold.However, Bitcoin isn’t the only corner of crypto attracting major institutional money. The Intercontinental Exchange (ICE) has invested $2 billion in Polymarket, a decentralized prediction platform, valuing the firm at…

Morgan Stanley is widening access to cryptocurrency investments for its wealth management clients, CNBC reported Wednesday, in a move that signals a broader shift among traditionally cautious Wall Street institutions.Starting next Wednesday, the bank will allow its financial advisors to offer crypto investments to all clients — regardless of risk tolerance or net worth — and across all account types, including retirement plans, according to the report. Previously, the option was limited to clients with at least $1.5 million in assets, an aggressive risk appetite and a taxable brokerage account.The decision marks a major expansion for Morgan Stanley’s $8.2 trillion…

The SAFE token is down 23% amid a widespread crypto selloff.Safe, the decentralized smart account project, is restructuring the way its flagship interface, Safe Wallet, operates, it revealed on Friday, Oct. 10. Safe Wallet currently has more than 4.5 million monthly active users. In a post on X, Safe co-founder Lukas Schor revealed that Safe Labs, a fully owned subsidiary of the Safe Foundation, is taking direct control of the platform. He said the move aims to improve reliability, strengthen governance, and better align the wallet’s operations with the broader Safe ecosystem.“By bringing an instance of Safe{Wallet} into the Foundation’s…

PI’s valuation has recently tumbled to a new all-time low of $0.22. While Pi Network’s team has implemented multiple updates lately, the price of PI continues to disappoint its investors and proponents. In the following lines, we will explore what has happened as of late. The Hackathon Nears Its End Approximately two months ago, the team behind the crypto project introduced the Pi Hackathon 2025: an event that invites developers to improve the ecosystem. The ultimate goal is to encourage them to create real-world applications that expand the utility of the PI token. To incentivize their efforts, Pi Network…

Victoria, Seychelles, Oct. 10, 2025: Bitget, the world’s largest Universal Exchange (UEX), has released its Q3 2025 Transparency Report, highlighting a quarter defined by innovation, user growth, and stronger financial transparency. Marking its seventh anniversary, Bitget introduced UEX, a next-generation trading model that unifies spot, futures, staking, payments, and onchain access into one seamless experience. The concept moved from vision to reality in Q3, with the exchange rolling out new integrations, expanding its ecosystem, and solidifying its position as one of the industry’s most transparent and trusted platforms. Bitget’s Onchain also achieved major traction, expanding to Ethereum, Solana, BSC, and Base…

Key takeaways:Derivatives data show limited confidence among Bitcoin traders despite strong ETF inflows, keeping downside risks on the table.Gold’s surge and falling Treasury yields highlight growing investor fear as fiscal stress and trade disputes weigh on traders’ sentiment.Bitcoin (BTC) has struggled to regain bullish momentum since reaching its $126,219 all-time high on Monday. Strong spot Bitcoin exchange-traded fund (ETF) inflows point to solid institutional demand, but weakness in BTC derivatives metrics suggests traders remain uncertain about whether the $117,000 level will hold.Bitcoin 60-day futures annualized premium. Source: laevitas.chMonthly Bitcoin futures are trading at a 7% premium compared to spot markets,…

Russia is preparing to introduce a formal legal framework for cryptocurrencies after years of uncertainty. The move follows a surge in digital asset adoption, with officials estimating that about 20 million Russians now use cryptocurrencies for investment, savings, and cross-border transactions. Crypto Adoption Outpaces Government Expectations Deputy Finance Minister Ivan Chebeskov confirmed that cryptocurrency use has reached a level the state can no longer ignore. – Advertisement – Speaking to the local news media outlet TASS, he said Russia must “acknowledge reality” and design systems to protect its citizens. “We recognize that crypto exists, millions of our citizens are already…