Core Insights - Fireblocks has acquired Dynamic to enhance enterprise adoption of onchain applications, creating the first complete custody-to-consumer stack in the industry [1][3] - The acquisition aims to simplify the integration of digital assets for fintechs, payment providers, and Web3 startups, allowing them to embed digital assets into their products without complex infrastructure [3] Company Overview - Fireblocks secures over $4 trillion in digital asset transfers annually and specializes in secure custody using MPC technology and a settlement network for institutions [2] - Key competitors in institutional custody and infrastructure include BitGo, Copper, Anchorage Digital, and traditional finance firms like BNY and Fidelity Digital Assets [2] Dynamic's Role - Dynamic provides developer integrations and passkey-based wallets, which will enable developers to bring their products to market more quickly and securely [4]

Core Points - WazirX, an Indian cryptocurrency exchange, will restart operations on October 24 after a restructuring process approved by the High Court of Singapore, marking a new chapter focused on trust, transparency, and innovation [1] - The restructuring, supported by WazirX's creditors, allows the platform to resume trading and distribute tokens to creditors within 10 business days, alongside the introduction of Recovery Tokens [2] - WazirX will implement 0% trading fees across all trading pairs as part of its Restart Offer, alleviating transaction costs for users [2] Company Strategy - The relaunch will begin with select crypto-to-crypto pairs and the USDT/INR market, followed by a gradual expansion of additional trading pairs [4] - To enhance fund safety, WazirX has partnered with BitGo for institutional-grade, insured custody solutions for user assets [4] - The restructuring included token swaps, mergers, delistings, and migrations, emphasizing a commitment to user protection and regulatory transparency [5] Background and Recovery Efforts - WazirX experienced a significant exploit of $234.9 million on July 18, 2024, attributed to a cyberattack by North Korea's Lazarus Group, leading to a major recovery effort [6] - The restructuring plan was approved after over 95% of participating creditors voted in favor of it in mid-August 2025, aimed at recovering user assets and restarting operations [7]

Bitmine(@BitMNR) keeps buying $ETH!Another 2 new wallets (likely linked to #Bitmine) withdrew 45,814 $ETH ($184M) from #FalconX 9 hours ago.https://t.co/ScS6n9AvN9https://t.co/hEqKlogktshttps://t.co/9KlkNuID0I https://t.co/e1eH8nnPUhLookonchain (@lookonchain):It looks like Bitmine(@BitMNR) just bought another 63,539 $ETH($251.6M).8 hours ago, 3 new wallets received 63,539 $ETH($251.6M) from #Kraken and #BitGo.#Bitmine currently holds 3,299,553 $ETH($13.07B), 2.73% of the total supply.https://t.co/2MHlaAM4BZ ...

It looks like Bitmine(@BitMNR) just bought another 63,539 $ETH($251.6M).8 hours ago, 3 new wallets received 63,539 $ETH($251.6M) from #Kraken and #BitGo.#Bitmine currently holds 3,299,553 $ETH($13.07B), 2.73% of the total supply.https://t.co/xoiozGK5Fyhttps://t.co/TuaIWTBN5Hhttps://t.co/4cE1bHQNzR ...

Market Trends & New Products - Synthetix is launching mainnet perpetuals with optimistic orderbooks [1] - Hedge funds with $500 million+ finally get compliant perpetuals access [1] Competitive Landscape - SNX market cap is at $550 million, while GMX captures $40-60 billion monthly volume with $650 million TVL [1] - Mainnet composability with $50 billion DeFi TVL beats L2 speed when institutions need regulated custody [1] Custody & Regulatory Concerns - Coinbase Prime, Fidelity, and Bitgo custody ETH on mainnet but can't touch Arbitrum or Optimism without bridge accounting nightmares [1]

It looks like Bitmine(@BitMNR) just bought another 72,898 $ETH($281M).Over the past 7 hours, 3 new wallets received 72,898 $ETH($281M) from #FalconX and #BitGo.https://t.co/SsBHF3mZY6https://t.co/5xru70VhpThttps://t.co/PANc6hqgT8https://t.co/SF8ZIiG882 https://t.co/ZpR1rNd2h0Lookonchain (@lookonchain):It looks like Bitmine(@BitMNR) just bought another 104,336 $ETH($417M).Over the past 7 hours, 3 new wallets received 104,336 $ETH($417M) from #Kraken and #BitGo.Despite the crypto market crash, Tom Lee still p ...

Group 1 - Bitcoin has experienced a significant decline, losing its status as a safe-haven asset, with a market value evaporating by several hundred billion dollars over the past week [1] - Bitcoin's price fell below $105,000, while Ethereum dropped below $3,800, reflecting a decline of over 20% from its peak in August [1] - Binance's BNB token plummeted by 11% due to technical issues and price discrepancies, leading to a record liquidation event that resulted in nearly $6 billion in compensation to users and businesses [1] Group 2 - The recent crash coincided with major institutions seeking banking licenses, indicating a shift towards traditional financial infrastructure to mitigate volatility and establish legitimacy [2] - Ongoing U.S.-China trade tensions have raised concerns about hidden credit losses, impacting risk assets beyond cryptocurrencies [2] - Investors withdrew $593 million from Bitcoin and Ethereum exchange-traded funds listed in the U.S. as risk aversion increased [2] Group 3 - Bitcoin's performance has been disappointing, with a 6.3% decline in the week ending October 12, marking its worst performance since early March [2] - The Bitcoin put/call options ratio on the Deribit platform rose to 1.33, indicating increased activity in hedging against further price declines [2] - Traditional safe-haven assets like gold and silver continue to reach new highs, contrasting with the underperformance of Bitcoin and other cryptocurrencies [2]

Core Insights - Flora Growth Corp. will rebrand as ZeroStack, focusing on decentralized AI treasury management [1][5] - The company has appointed BitGo Trust Company for institutional-grade custody of its $0G treasury, emphasizing security and regulatory compliance [1][2][4] Company Overview - ZeroStack is the first and largest decentralized AI treasury company, investing in AI infrastructure through strategic ownership in 0G, which operates an open and decentralized AI network powered by the $0G token [3][5] - The company also functions as a global pharmaceutical distributor via its subsidiary Phatebo GmbH [5] BitGo's Role - BitGo has been providing digital asset infrastructure services since 2013, including custody, wallets, and trading, and is recognized for its focus on security and regulatory compliance [2][6] - The partnership with BitGo reflects ZeroStack's commitment to transparency and operational controls, addressing custody risks for crypto investors [4][6]

It looks like Bitmine(@BitMNR) just bought another 104,336 $ETH($417M).Over the past 7 hours, 3 new wallets received 104,336 $ETH($417M) from #Kraken and #BitGo.Despite the crypto market crash, Tom Lee still predicts $ETH will hit $10K by year-end.https://t.co/m5QFa8i66fhttps://t.co/aCEIy1GDrghttps://t.co/huxvV1jhL9https://t.co/ZPd1njrrtFhttps://t.co/SVEn5n1VM5 ...

morgan stanley opened bitcoin recommendations to $6.2 trillion but circle bitgo fidelity paxos ripple sony all filed banking charters october 2025 for direct federal reserve access. wealth advisors can recommend all they want but these charters determine if the money actually moves. no charter no flow ...