Traders Lose Over $1B in 24 Hours as Longs Get Crushed

Traders Lose Over $1B in 24 Hours as Longs Get Crushed

Bitcoin’s sharp drop from $112,000 to below $106,000 on Monday triggered one of the largest liquidation waves in weeks, wiping out more than $1.27 billion in leveraged futures positions across crypto markets. Data from CoinGlass shows long traders accounted for nearly 90% of the total liquidations, with more than $1.14 billion in bullish bets erased…

Ripple Cashes In Hidden Road Acquisition With Launch Of New Spot Prime Brokerage

Ripple Cashes In Hidden Road Acquisition With Launch Of New Spot Prime Brokerage

Ripple immediately capitalized on its $1.25 billion acquisition of Hidden Road by fusing its capabilities into the Ripple Prime platform. The move was part of the blockchain solutions provider’s expansion of its use cases and goal of having a stronger presence in the US market. Ripple is cashing in on its recent investment. The blockchain…

Crypto funds see $360M outflows, Solana shines

Crypto funds see $360M outflows, Solana shines

Today in crypto, digital assets investment products recorded $360 million in outflows last week. DeFi protocol Balancer suffered a $116 million exploit involving staked Ether, while Aster surged 30% after Binance co-founder revealed the purchase of about $2.5 million worth of the token with personal funds. Hawkish Fed triggers $360M in crypto outflows as Solana…

Acquires Crypto Wallet Firm to Expand Institutional Payments Business

Acquires Crypto Wallet Firm to Expand Institutional Payments Business

Ripple, the blockchain tech firm closely associated with the XRP Ledger (XRP) network, said on Monday it has acquired crypto wallet provider Palisade to expand its institutional custody and payments offering. Palisade’s wallet-as-a-service platform will be integrated into Ripple Custody, a product designed for banks and corporates handling digital assets, stablecoins and tokenized real-world assets….

Grokipedia under criticism over factual errors

Grokipedia under criticism over factual errors

Elon Musk’s new AI-powered encyclopedia, known as Grokipedia, has been criticized by Academics and fact-checkers for containing several errors. According to them, the encyclopedia lifts content and endorses political bias. According to a report by Cryptopolitan, Elon Musk announced the launch of Grokipedia last week, claiming it would kill Wikipedia. He further claimed that it…

Crypto Whales Are Moving Out of $185 SOL and $1,161 BNB

Crypto Whales Are Moving Out of $185 SOL and $1,161 BNB

Ozak AI ($OZ) is presented as an emerging project focusing on the combination of Artificial Intelligence (AI) and DePIN (Decentralized Physical Infrastructure Network). The project’s stated mission is to fuse AI automation with decentralized infrastructure to create tangible value and foster tokenized growth. Market observers have noted that some large holders are reportedly shifting assets from established cryptocurrencies like Solana…

Cango Inc. Announces October 2025 Bitcoin Production and Mining Operations Update

Cango Inc. Announces October 2025 Bitcoin Production and Mining Operations Update

Advertisment HONG KONG, Nov. 3, 2025 /PRNewswire/ — Cango Inc. (NYSE: CANG) (“Cango” or the “Company”) today published its Bitcoin production and mining operations update for October 2025. Bitcoin Mining Production and Mining Operations Update for October 2025 Metric October 2025 1 September 2025 1 Number of Bitcoin produced 602.6 616.6 Average number of Bitcoin produced…