‍Wintermute Denies Lawsuit Against Binance Amidst Market Volatility Leading digital asset trading firm Wintermute has publicly stated it has no intention of suing cryptocurrency exchange Binance. This clarification follows intense market deleveraging and approximately $20 billion in liquidations on October 11th. Binance responded by disbursing $283 million to affected traders and launching a $400 million compensation and loan program. Wintermute CEO Evgeny Gaevoy confirmed the firm is "completely fine," noting that some liquidated positions were priced at "very anomalous levels" during the market turbulence.
‍Hollywood.com and Crypto.com Launch Federally Compliant Entertainment Prediction Markets Hollywood.com and Crypto.com have partnered to introduce entertainment-focused prediction markets. This initiative allows users to forecast outcomes in film, TV, and music, leveraging Crypto.com's expertise in digital assets and compliant financial services. The markets are powered by event contracts from Crypto.com Derivatives North America, a CFTC-registered exchange, ensuring a federally compliant environment for predicting outcomes like award show winners or chart performance. Prices update in real-time. This launch aligns with the growing popularity of prediction markets in sectors like politics and sports, with platforms achieving multi-billion-dollar valuations.
‍'Context Engineering' Set to Revolutionize AI in Crypto Shanghai AI Lab's research introduces 'Context Engineering,' suggesting AI errors stem from insufficient prompts, not flawed models. This approach provides LLMs with richer background information to improve accuracy, a critical development for the crypto sector. Context Engineering enhances AI by supplying meticulously designed prompts with comprehensive details, improving output quality beyond just larger datasets. This could transform DeFi analytics, smart contract auditing, and blockchain network analysis by enabling AI to discern crucial nuances and interdependencies in the data-rich cryptocurrency landscape.
‍Ripple Acquires Crypto Wallet Firm Palisade, Expanding Institutional Services Blockchain firm Ripple has acquired digital asset custody provider Palisade to enhance its institutional offerings. This move integrates Palisade's wallet-as-a-service (WaaS) product, featuring multi-party computation (MPC), into Ripple Custody and Ripple Payments. This acquisition follows Ripple's recent purchases of Hidden Road, Metaco, and GTreasury, underscoring its strategy to build comprehensive blockchain financial services for institutions. The company aims to facilitate wider corporate adoption of digital assets.
‍FTSE Russell Partners with Chainlink to Bring Trillions in Stock Indexes Onchain Global index provider FTSE Russell is collaborating with Chainlink to publish its benchmark equity and digital asset indexes directly on-chain. This integration will make data for influential indexes like the Russell 1000, Russell 2000, Russell 3000, and the FTSE 100, which track over $18 trillion in global assets, accessible on multiple blockchain networks via Chainlink's DataLink service. This initiative aligns with a broader trend of institutional adoption of blockchain technology for tokenization, settlement, and stablecoin integration, signaling a significant step towards the widespread use of decentralized financial infrastructure.
‍Biotech Firm Tharimmune Secures $540M for Crypto Treasury Strategy Biotech firm Tharimmune has raised $540 million in private funding to acquire Canton Coin (CC), the native token of the Canton Network. The move signifies a growing convergence between traditional finance and the decentralized ecosystem. The funding round, which saw participation from institutional investors including DRW, Liberty City Ventures, ARK Invest, Polychain Capital, and Kraken, will also support Tharimmune's operations and its expansion as a Super Validator on the Canton Network. The Canton Network is a permissioned enterprise blockchain designed for institutional financial applications and tokenized assets, backed by firms like Goldman Sachs and HSBC.
‍Donut Labs Secures $22M for AI-Powered Crypto Trading Browser New York-based Donut Labs has raised $22 million in pre-seed and seed funding to develop an agentic AI browser for autonomous crypto trading. The tool aims to revolutionize decentralized finance interaction by synthesizing data and executing trades directly within the browser. The browser emphasizes layered security, utilizing backend authorizations and partnering with Turnkey for private key management, ensuring AI agents do not directly access user funds. It integrates data from CoinGecko and Pyth, selecting optimal AI models for various tasks. CEO Chris Zhu believes AI browsers will empower individual traders, not replace them, by enhancing trading strategies. Donut Labs plans to launch a suite of products, positioning crypto traders as prime adopters of this technological shift.
‍ArXiv Battles AI-Generated Content Flood: Lessons for Crypto Trust The preprint repository ArXiv is tightening rules for AI-generated survey papers due to a "flood" of low-quality submissions. Effective October 31, 2025, review articles in Computer Science will require prior peer review. This move highlights growing concerns about digital content integrity, a critical issue for the cryptocurrency space where reliable information is paramount for investors and innovators. The ease of generating superficial content with AI tools can similarly lead to a proliferation of low-quality crypto whitepapers and analyses, potentially misleading investors. Distinguishing credible insights from AI-fabricated narratives becomes increasingly difficult, underscoring the need for enhanced due diligence and transparency in the crypto ecosystem.
‍GrantiX Set to Launch, Merging $1.57 Trillion Impact Investing with Web3 GrantiX, a sustainable, multi-chain impact platform, announced its mainnet launch from Dubai, UAE, on November 3rd, 2025. The platform aims to connect the $1.57 trillion impact-investing market with Web3 technologies, utilizing AI and blockchain for transparent philanthropic efforts. Built on Arbitrum and designed for broader accessibility, GrantiX uses AI, DeFi, and SocialFi to directly fund and track social initiatives. It employs a self-sustaining economic model with DeFi/CeFi integrations, impact staking, and transaction-based donations. The platform has already processed over 15,000 donations totaling $200,000 and distributed $50,000 in grants. GrantiX has also secured over $850,000 in angel funding and hosts more than 40 active projects.
‍Massive $128 Million Balancer Exploit Impacts DeFi, Berachain Pauses Operations The DeFi ecosystem has been significantly impacted by a Balancer exploit resulting in an estimated $128 million in stolen digital assets. The emerging Berachain network has halted operations and initiated an emergency hard fork due to its use of vulnerable Balancer V2 codebase. The Balancer exploit targeted liquidity pools on Ethereum, Arbitrum, and Base. A precision error allowed an attacker to manipulate Balancer Pool Tokens (BPT), leading to substantial fund siphoning. Balancer confirmed the issue is isolated to V2 Composable Stable Pools. Berachain's decision to hard fork is controversial, impacting its native DEX and leading to an estimated $12.86 million in losses. The Berachain Foundation prioritized user protection amidst the fallout. The incident highlights the critical need for robust security in DeFi.