Crypto | CRYPTO WORLD NETWORK NEWS

Risk-heavy bitcoin falls while gold soars

October 23, 2025October 20, 2025 CRYPTO WORLD

Investors shun crypto volatility while favoring safe-haven assets amid global trade tensions Gold is soaring, largely driven by investors flocking to safe-haven assets, while risk-filled bitcoin is taking a dive, market watchers said Monday. The precious metal is expected to continue its monthslong record-breaking rally, unlike cryptocurrencies, which are expected to tank to $70,000 amid a cyclical downturn. “Investors are turning to traditional safe-haven assets, prodded by global trade tensions and heightened geopolitical risks,” Standard Chartered Korea strategist Hong Dong-hee said. “Months of uncertainties involving U.S.-China trade relations have driven…

Astra Nova Hit by $10 Million Token Sell-Off After Market Maker Hack

October 22, 2025October 20, 2025 CRYPTO WORLD

Astra Nova, an AI-driven crypto project from Saudi Arabia, has reported a major security incident involving its newly launched RVV token. The project confirmed on Sunday that one of its third-party market maker accounts was infiltrated by an unknown attacker. The compromised account was used to sell off nearly 8.6% of the RVV token’s total supply on the open market. Details of the Breach According to blockchain researcher EmberCN, around 860 million RVV tokens changed hands for an estimated 10.288 million USDT. From these funds, the attacker sent 8.226 million…

Solana’s Co-Founder Says Stablecoins Will Drive Trillion-Dollar Minting Across Blockchains

October 20, 2025 CRYPTO WORLD

Solana Labs co-founder Anatoly Yakovenko believes stablecoins will form the backbone of the next major wave of blockchain adoption, driving trillions of dollars in on-chain activity across global markets. In a wide-ranging interview, Yakovenko reflected on Solana’s journey from its early fundraising struggles to becoming one of the world’s largest layer-1 blockchains. He argued that while the regulatory environment in the United States has pushed many crypto startups offshore, the innovation potential of stablecoins remains too big to ignore. For Yakovenko, stablecoins represent the most practical use case for blockchain…

XRP Records Highest Quarterly Close in History

October 9, 2025October 2, 2025 CRYPTO WORLD

Despite the recent price struggles, market data confirms XRP recorded its highest quarterly close in history at the end of September 2025. Prominent market commentator Mr. Xoom first highlighted this impressive milestone in a post on X today, confirming that XRP has actually been on an uptrend over the past three months despite the prevalent bearish sentiments that have engulfed the community. XRP Records Highest Quarterly Close For context, XRP closed September 2025 at a price of $2.846, representing a bullish end to the monthly candle and the 3-month (quarterly)…

250,000,000 XRP Bought in 2 Days

October 4, 2025October 2, 2025 CRYPTO WORLD

Large holders of XRP have moved quickly, adding 250 million tokens to their wallets within 48 hours. This comes as price levels and market activity show early signs of a possible shift. Analysts and traders are monitoring key metrics, including whale behavior, exchange flows, and technical resistance zones. Whale Wallets Increase Holdings Rapidly According to market analyst Ali Martinez, wallets holding between 100 million and 1 billion XRP accumulated 250 million tokens over a two-day period. This is a sharp rise after several weeks of flat activity among large holders.…

Bitcoin Miners’ Market Cap Soared in September to Record High

October 3, 2025October 2, 2025 CRYPTO WORLD

The market cap of Bitcoin miners soared in September as firms in the space benefited from pivots to high-powered computing that feeds the burgeoning artificial intelligence sector, according to a report from JP Morgan. Analysts at the banking giant highlighted the surge in a Wednesday report, noting that the combined value of the 14 top publicly traded miners it tracks passed $50 billion for the first time ever. Top mining stocks this week have jumped in value with the price of the leading cryptocurrency, too, with Mara, Riot, and CleanSpark…

SEC Nigeria pushes for full transparency in crypto transactions to combat fraud

September 29, 2025October 21, 2025 CRYPTO WORLD

The Securities and Exchange Commission (SEC) has reiterated its commitment to leveraging blockchain intelligence to combat the growing wave of cryptocurrency-related fraud, in a decisive move to strengthen oversight of Nigeria’s digital asset ecosystem. Speaking at a joint webinar hosted by SEC Nigeria and global blockchain analytics firm Chainalysis on Monday, SEC Director-General Dr. Emomotimi Agama emphasized the need for full transparency in crypto transactions as a cornerstone of regulatory enforcement. The webinar, themed “Combating Scams with Blockchain Intelligence,” brought together regulators, analysts, and industry stakeholders to address the evolving…

Fumbi Network acquires DLTPAY, a Techstars-backed fintech application

July 28, 2025July 18, 2025 CRYPTO WORLD

Fumbi Network, a leading investment platform for digital assets in the CEE region, just announced the acquisition of DLTPAY, a seed-stage fintech firm known for its non-custodial wallet application built around stablecoins. “We saw an opportunity to scale our services more efficiently with a solution that fits well with Fumbi’s vision, to better meet the needs of our growing user base,” said Juraj Forgacs, CEO and Founder of Fumbi Network. “Through this acquisition, we can accelerate the rollout of new features requested by our users, while expanding capabilities across the…

Rewardy Wallet becomes Korea’s largest digital asset wallet just 10 months after the launch

July 25, 2025July 18, 2025 CRYPTO WORLD

Rewardy Wallet, a digital asset wallet service, has emerged as South Korea’s largest Web3 wallet platform just 10 months after its launch. Notably, the platform has seen massive adoption from general Web2 users with no prior experience in digital assets, signaling a major shift in the local Web3 landscape. “Web3 in the backend, UX like Web2” – A game-changing user experience At the core of Rewardy Wallet’s rapid ascent is its user-centric UX strategy. Unlike traditional blockchain wallets that require seed phrases, network selection, and gas fee calculations, Rewardy eliminates…

KuCoin launches xStocks, delivering access to global tokenized equities

July 18, 2025 CRYPTO WORLD

On July 18, 2025, the leading global cryptocurrency exchange KuCoin officially announced the listing of xStocks and that they are joining the xStocks alliance. xStocks are tokenized stocks powered by the Swiss-based company Backed. This launch marks a significant step forward in KuCoin’s expansion of multi-asset allocation capabilities. The first batch of supported assets includes SPYx (S&P 500 ETF), CRCLx (Circle), TSLAx (Tesla), MSTRx (MicroStrategy), and NVDAx (NVIDIA)—all tokenized equities backed 1:1 by real stocks held in secure, bankruptcy remote collateral accounts, and issued on the Solana blockchain. Capturing a…