‍Bitget Supports Polkadot (DOT) Network Migration to Asset Hub on November 4th Bitget announced its support for the Polkadot (DOT) network migration to Asset Hub Polkadot, scheduled for November 4, 2025, at 07:00 (UTC). This upgrade aims to enhance infrastructure efficiency. Bitget will temporarily suspend DOT deposits and withdrawals on November 4th from 06:00 (UTC). Trading will continue uninterrupted. Services will resume post-migration.
‍Aster's Rocket Launch Surpasses $1B Trading Volume; Nubila Debuts with Major Rewards Decentralized trading platform Aster has reached a significant milestone, with its "Rocket Launch" product exceeding $1 billion in cumulative trading volume. This success precedes the launch of Nubila ($NB), a decentralized oracle network for AI and prediction markets. The Nubila Rocket Launch, commencing October 31, 2025, offers a dual reward structure: the spot campaign features a $200,000 $ASTER prize pool and over 3 million $NB, while the perpetual campaign provides an exclusive pool exceeding 3 million $NB. Aster's innovative "Rocket Launch" mechanism creates a self-reinforcing value loop, with projects contributing capital and native tokens. Aster uses these funds to buy back $ASTER from the market, which, along with project tokens, are distributed as rewards, benefiting all participants.
‍Bitcoin Ends "Uptober" Streak: Implications for Q4 Bitcoin (BTC) is set to close October with losses, breaking a six-year winning streak and marking its first "red October" in seven years. This downturn divides market observers, with some anticipating a correction and others a rally into year-end. Historically, October has been a strong month for BTC. However, this year, Bitcoin is trading lower, impacted by trade tensions and a Fed rate cut that failed to boost confidence. Analysts note this is the worst October since 2018. The break in the "Uptober" trend introduces uncertainty for Q4. While November historically averages significant gains, some fear a repeat of 2018's post-red October drop. Others see no correlation, but expect slower Q4 growth after a weak October. Despite historical volatility, Q4 remains a strong period for BTC price action.
‍EURAU Stablecoin, Backed by Deutsche Bank & DWS, Expands to Multiple Blockchains via Chainlink CCIP The euro-backed stablecoin EURAU, a joint venture involving Deutsche Bank and asset manager DWS, is expanding its reach across multiple blockchain networks. This expansion leverages Chainlink's Cross-Chain Interoperability Protocol (CCIP) to enhance its utility in DeFi and institutional applications. EURAU will initially connect with Ethereum, Arbitrum, Base, Optimism, Polygon, and Solana, with plans to integrate with the Canton Network. AllUnity CEO Alexander Höptner stated that CCIP will enable EURAU to "operate seamlessly across multiple blockchains." The stablecoin is MiCA-compliant and designed for enterprise use, including B2B payments and treasury management. Its significant backing from DWS and Deutsche Bank provides a strong foundation for stability and reliability.
‍EU's ProtectEU Initiative Sparks "Digital Feudalism" Fears The EU's ProtectEU proposal, mandating pre-encryption scanning of private communications, is facing strong backlash from the Web3 community. Critics warn it could create a "digital feudalism" by establishing a two-tier system of encryption. Bill Laboon of the Web3 Foundation stated, "This isn’t a security policy. It’s a blueprint for digital feudalism — a future where privacy becomes a privilege reserved for the powerful, not a right guaranteed to everyone." The move is seen as undermining end-to-end encryption and contradicting the Web3 ethos of trustless, permissionless innovation.
‍MoonClash Achieves $100 Million Valuation in Strategic Funding Round MoonClash, a tower-defense strategy platform on BNB Chain, has secured a $100 million valuation following a strategic funding round. The investment, which saw participation from firms like Candaq and Becker Ventures, will fuel the platform's development of AI-powered GameFi. The platform integrates PVP and PVE battles, NFT ownership, and on-chain economics. MoonClash utilizes AI for dynamic balancing of game difficulty and economic equilibrium. CEO Simon Yu stated, "We’re building more than just a game; we’re building an economy of creativity and community." Funds will be used to expand teams, accelerate platform development, and launch marketing campaigns. Future plans include community and public fundraising rounds in early 2026 and evolving into a comprehensive Web3 gaming hub.
‍Nordea Bank to Offer Bitcoin ETP to 10 Million Customers Nordea, Scandinavia's largest bank, is launching a Bitcoin-linked exchange-traded product (ETP) for its 10 million customers starting December. This marks a significant shift from its previous cautious stance and employee ban on crypto. The decision is driven by increased regulatory clarity, including Europe's MiCA regulation, and growing crypto demand in the Nordic region. A recent survey shows crypto ownership in the Nordics has risen to 2.1 million, with expectations of further growth. The ETP, developed by CoinShares, will be offered on an "execution-only" basis.
‍Palantir Sues Ex-Engineers for Allegedly Stealing AI Trade Secrets Palantir Technologies has filed a federal lawsuit against two former senior engineers, Radha Jain and Joanna Cohen, accusing them of misappropriating trade secrets to launch a competing AI startup, Percepta. The company alleges the engineers violated contractual agreements, including non-competition and confidentiality clauses, by taking proprietary source code and confidential client strategies. Palantir claims Percepta, owned by General Catalyst, could replicate its technology and win clients by leveraging stolen insights, causing irreparable harm. The lawsuit highlights the critical need for robust IP protection and data security in the rapidly evolving tech sector, with potential implications for companies in blockchain and Web3.
‍Revolut Introduces Fee-Free 1:1 USD-to-Stablecoin Swaps Neobank Revolut has launched a feature enabling 65 million users to convert USD to stablecoins (USDC, USDT) at a 1:1 rate, with no fees or spreads. This initiative aims to reduce friction between traditional finance and the crypto ecosystem. The service allows conversions up to $578,630 within 30 days. Revolut's Head of Product in Crypto, Leonid Bashlykov, stated this removes anxiety from fiat-to-crypto transitions. The company reported $35 billion in customer crypto assets in 2024, a 66% increase year-over-year. This move aligns with broader trends as financial institutions like Western Union, Zelle, and MoneyGram increasingly integrate stablecoins and blockchain technology for payments and settlements.
‍SBF's X Account Revives FTX Solvency Claims, Citing "Liquidity Crisis" A document linked from Sam Bankman-Fried's X account asserts FTX experienced a "liquidity crisis," not insolvency, and was close to resolution before legal intervention. This challenges the fraud conviction and $10 billion customer fund misappropriation finding. The document claims FTX had $25B in assets vs. $13B liabilities in 2022. It projects that unliquidated investments could now be worth $136B, including stakes in Anthropic and Robinhood. The FTT token's value is also speculated to be $22B if FTX were operational. These claims contradict the judicial findings leading to Bankman-Fried's 25-year prison sentence, with Judge Lewis Kaplan rejecting similar defenses.