cryptexa

🇨🇿 Czech National Bank to test crypto assets 💼 The Czech National Bank has launched a $1M digital portfolio that includes Bitcoin, a USD stablecoin, and a tokenized deposit. 📅 Approved on October 30, the pilot will run for 2–3 years, exploring how digital assets can be integrated into the country's financial system. 🎯 The goal is to assess the potential and risks of tokenized instruments before broader adoption.

😱 Bitcoin Fear & Greed Index drops to 15 — signaling “Extreme Fear”

🦄 Vitalik Buterin says DeFi on Ethereum is becoming a true global savings alternative Ethereum co-founder Vitalik Buterin expressed optimism about the current state of decentralized finance, noting significant improvements in security, maturity, and optionality within the DeFi ecosystem. 💬 “We’re reaching the point where people, institutions, and users everywhere could use DeFi as their primary account,” Buterin said, calling the sector a “truly viable alternative to traditional savings.” 📈 He highlighted scaling solutions, robust smart contract security, and financial sovereignty as the next milestones driving Ethereum’s long-term vision.

💸 Someone paid over $100,000 in fees to send $10 worth of Bitcoin A transaction in block #923023 moved 0.00010036 BTC (≈$10) but included a 1 BTC ($105,000) fee — more than 226,000 times the current network average, according to mempool.space. ⛏️ The block was mined by MARA Holdings, earning a total of 4.154 BTC (~$435,000), including 1.029 BTC in fees — one of which was this massive overpayment. 📊 Average Bitcoin transaction fees currently make up only about 0.6% of total block rewards, with most users paying under $1, even for high-priority transfers. ⚠️ Experts believe this was likely a manual input error — a costly reminder to double-check transaction settings before sending Bitcoin.

🇰🇬 Kyrgyzstan shuts down all crypto mining farms amid severe power shortage ⚙️ Energy Minister Taalaibek Ibraev announced that all mining operations across the country have been disconnected from the grid due to an acute electricity deficit and critically low water levels at the Toktogul Hydroelectric Power Plant. “Given the current power shortage, a decision has been made to completely shut down all mining farms nationwide. I’m personally overseeing this matter,” Ibraev said. 🔌 The government is implementing energy-saving measures, expanding small hydro and solar projects, and modernizing major power facilities to stabilize the system. 📉 This marks the first nationwide mining shutdown in Kyrgyzstan’s history — a strong signal that the government prioritizes domestic energy needs over crypto mining.

🐋 CryptoQuant: Bitcoin whales accumulated over 45,000 BTC ($4.5B) in the past week.

🤬💸 CoinGlass: Over $250M liquidated in the past hour

💥 Over $230M in long positions liquidated as Bitcoin drops 3% 📉 In the past hour, crypto exchanges have liquidated more than $230 million in long positions, as Bitcoin fell 3% shortly after the start of the U.S. trading session, dragging the entire market lower. 🔻 The biggest losses came from Bitcoin futures and the meme coin POPCAT, which plunged nearly 40%. The largest single liquidation — $21.3 million — occurred in the POPCAT/USD pair on Hyperliquid.

🚀 Bitwise: Regulated ICOs could mark a new phase for crypto markets Matt Hougan, CIO at Bitwise, believes crypto is entering a new stage of maturity — one where regulated token sales could revive investor interest in ICOs. 📊 The comment follows Coinbase’s launch of its Token Launch Platform, designed for vetted projects with full transparency, insider sale restrictions, and monthly offerings. The first sale — MON by Monad — will take place from November 17 to 22, marking the platform’s debut event. 💬 Hougan described token-based fundraising as the fourth major transformation in finance after Bitcoin, stablecoins, and tokenization: “Early ICOs were messy, but they proved something powerful — crypto can enable fast, direct capital formation. Unlike traditional IPOs, which are expensive and exclusive, token launches can democratize access.” 📈 Bitwise, which manages over $4 billion across spot Bitcoin, Ethereum, and Solana ETFs, continues to forecast $200,000 BTC by end of 2025 and sees mass tokenization as inevitable.

🧊 Bybit analysts identify freeze mechanisms in 16 blockchain networks Bybit’s Lazarus Security Lab has published a detailed report revealing that 16 out of 166 blockchain networks have built-in mechanisms to freeze user assets, while another 19 could enable such controls with minor code changes. 🔍 Three types of control mechanisms: 💻 Protocol-level controls — BNB Chain, VeChain ⚙️ Validator configuration controls — Sui, Aptos 🧩 Smart contract–based controls — HECO 📌 Documented cases include: $162M frozen on Sui following the Cetus protocol hack; Blacklist functionality added to Aptos after the same event; BNB Chain freezing funds during a $570M cross-chain bridge hack; VeChain freezing $6.6M in stolen tokens back in 2019. 💬 The researchers noted that while these mechanisms can serve as emergency security tools, they raise decentralization concerns, allowing centralized intervention within supposedly permissionless systems. Bybit’s AI-based system was used to detect potential censorship patterns in blockchain code, first tested on Sui before being scaled to 166 networks and verified manually.

💳 Visa launches pilot program for stablecoin payouts According to the company’s official release, Visa has started testing stablecoin payouts via Visa Direct, enabling freelancers, creators, and gig workers to receive payments directly in USDC, even when employers pay in fiat currencies. 📅 The full-scale rollout is expected in the second half of 2026, following completion of the pilot with fintech and platform partners. 💬 Visa says the initiative aims to speed up access to funds and reduce transaction costs for independent workers worldwide.

🏦 JPMorgan launches public version of its deposit token — JPM Coin (#JPMD) The bank announced that JPM Coin is now live on the Base blockchain, enabling instant, 24/7 USD transfers backed by real bank deposits. The token represents client deposits held at JPMorgan, effectively making it a tokenized form of commercial bank money. 🔍 Highlights: 💳 Tested by Mastercard, Coinbase, and B2C2. 🌐 Next phase: expanding access to partners and counterparties of institutional clients. 💶 A euro version (#JPME) is in development, along with support for multiple blockchains. 🪙 JPM Coin will be usable as collateral on Coinbase. ⚙️ Previously, it was limited to JPMorgan’s internal blockchain network. 💡 Unlike traditional stablecoins, deposit tokens are issued by regulated banks, backed by deposits, and can earn interest. JPMorgan currently processes over $3 billion daily via its blockchain network Kinexys, and this move marks its entry into the public blockchain ecosystem.

❌ Fortune: Coinbase has backed out of a $2 billion deal to acquire BVNK, a fintech startup building a global stablecoin payments network. BVNK enables companies to settle international transactions using USDC and USDT. 📌 In October, Citi invested in BVNK, highlighting growing institutional interest in the stablecoin infrastructure space. 💬 Sources told Fortune that talks with Coinbase collapsed due to disagreements over deal terms. The acquisition would have been one of the largest in crypto history, potentially expanding Coinbase’s footprint in digital payments and enterprise services.

🔅 Bloomberg: Tether is expanding into the precious metals market. The USDT issuer has hired Vincent Domien, HSBC’s Global Head of Precious Metals Trading and LBMA board member, along with Matthew O’Neill, Head of Precious Metals Origination for EMEA. 💬 For HSBC, a cornerstone of the global bullion trade and the No. 2 player after JPMorgan Chase, the departures mark a blow amid growing competition for top talent. 🏆 Tether now holds nearly $13 billion in gold, reportedly adding over one metric ton per week, making it one of the largest private holders of physical gold outside of banks and governments. 🎯 The company’s strategy appears aimed at gaining control over sourcing and logistics, reducing reliance on traditional financial intermediaries. If Tether starts directing bullion flows to back its stablecoins, market spreads and standards could shift significantly — challenging the dominance of traditional players.

📉 ETH supply on Binance drops to its lowest level since May. According to CryptoQuant, the amount of Ethereum held on Binance has fallen to a local low, suggesting a transition phase in the market — investors are accumulating and holding ETH rather than selling. Analysts note that similar accumulation patterns have historically preceded bullish phases for Ethereum.

🇨🇳🇺🇸 China accuses the U.S. of stealing 127,272 BTC China’s National Computer Virus Emergency Response Center (CVERC) has released a technical report claiming that the U.S. may have hacked and withdrawn 127,272 BTC linked to the founder of Prince Group. What happened: ➠ On December 29, 2020, the LuBian mining pool was hacked — 127,272 BTC were stolen (worth $3.5B then, about $13B now). ➠ The coins remained untouched for nearly four years — unusual behavior for ordinary hackers. ➠ In June 2024, the funds suddenly moved to wallets labeled by Arkham as belonging to the U.S. government. ➠ On October 14, 2025, the U.S. Department of Justice announced it had seized 127,272 BTC, allegedly connected to the Prince Group fraud case. ➠ CVERC described this as a “typical case of thieves splitting the loot,” implying that the U.S. might have taken part in the LuBian hack and later “legally” confiscated the same coins. ➠ The report also notes that all transactions used identical fees, suggesting an automated transfer script was involved.

❌ Scam spotted in Polymarket comments — scammers have already stolen $500,000+. How the operation works: • Attackers buy up “Yes” and “No” positions from multiple accounts so they appear in the Holders filter. • They post a disguised link to a fake site mimicking the Polymarket logo, ask users to log in with their email, and display a fake Cloudflare page. • The “Copy” button injects a malicious terminal command that downloads and immediately runs a script, which steals crypto, personal data, and access credentials.

🚀 #UNI — Uniswap could be on the verge of a parabolic rally. CryptoQuant CEO Ki Young Ju believes that the UNI token could enter a parabolic growth phase if the fee-switch mechanism is activated on Uniswap. According to his estimates: ⊹ Uniswap v2 and v3 have generated over $1 trillion in trading volume since the start of the year. ⊹ At this rate, token burns could exceed $500 million annually if volumes remain stable. ⊹ Around $830 million worth of UNI is currently circulating on exchanges — a potential supply squeeze could occur even considering upcoming unlocks.

📊 Morning crypto market update 🥇 Bitcoin (BTC) — $105,328 🥈 Ethereum (ETH) — $3,553 🐬 XRP (XRP) — $2.48 🥉 BNB (BNB) — $984 🌚 Solana (SOL) — $165 💲 Tether (USDT) — ₽83.17 ▫️ Total crypto market cap: $3.54 trillion ▫️ Bitcoin dominance: 59.97 % ▫️ Fear & Greed Index: 26 (“fear”) 📈 Top performer (Top-100): Uniswap (UNI) +30 % 📉 Worst performer: Zcash (ZEC) −20 %

🗺 Electric Coin Co. (ECC) has released its roadmap for Q4 2025. The developer of Zcash (ZEC) and the Zashi wallet announced plans to focus on: enhancing transaction privacy and security, improving user experience (including temporary address generation for each swap and P2SH multisig support in Keystone), expanding the Zashi mobile app. Zcash, a privacy-focused fork of Bitcoin, has gained +138.37 % over the past month.