Wintermute CEO Evgeny Gaevoy denies collapse rumors after the Oct. 10 crypto crash wiped out $19B in leveraged positions. CEO Refutes Wiped out Rumors Evgeny Gaevoy, the co-founder and CEO of Wintermute, has publicly refuted rumors that began circulating early Saturday claiming the Oct. 10 market crash had “collapsed” the major market maker. In a
Decentralized finance players and major crypto institutions are moving swiftly to restore stability and confidence after one of the sharpest sell-offs in the digital asset market this year, with stablecoin issuers Tether and Circle minting billions in new tokens and Ethereum’s largest treasury firm, Bitmine, scooping up large amounts of Ethereum. The October 10 crash,
Renowned author and investment analyst Robert Kiyosaki issued a striking warning about financial markets. Kiyosaki, author of the book “Rich Dad Poor Dad,” claimed in a social media post that the world’s biggest economic collapse will occur this year. Kiyosaki recalled that he predicted this collapse years ago in his book “Rich Dad’s Prophecy,” stating
A noteworthy claim has come to the fore in the cryptocurrency market. A whale wallet trading on decentralized derivatives exchange Hyperliquid deposited approximately $160 million worth of USDC, opening $1.1 billion in leveraged short positions on Bitcoin (BTC) and Ethereum (ETH), according to reports. These trades reportedly occurred approximately 30 minutes before US President Donald
Following the sharp declines in the cryptocurrency market in recent days, Liquid Capital (formerly LD Capital) founder Yi Lihua made remarkable assessments on his personal social media account. Yi Lihua stated that this decline was “caused by multiple factors,” and announced that he had completely liquidated all his positions for the first time. Lihua, who
Cryptocurrency investor and social media phenomenon Konstantin Galish was found dead in his Lamborghini amid a historic market crash. The incident occurred in Kyiv and, according to local sources, Galish allegedly committed suicide. According to a crypto influencer’s social media post, Galish, also known as “Kostya Kudo,” committed suicide with a gun given to him
Crypto investors infused fresh capital into innovative blockchain ventures this week, despite market volatility keeping traders on edge. Summary Crypto funding reached $3.19B across 20 projects in the week of Oct. 5-11, 2025. Polymarket led with a $2B raise at a $9B valuation backed by ICE investment. Kalshi secured $300M with backing from Sequoia, AI6Z,
Securitize is considering going public through a merger with a special purpose acquisition company. The RWA tokenization firm could reach a $1B valuation following a merger with Cantor Equity Partners II Inc. Securitize, a leading blockchain company specializing in the tokenization of traditional investments, is reportedly in advanced discussions to go public through a merger
London’s silver market erupted this business week after an extraordinary short squeeze blasted prices past $50 an ounce for only the second time in history, reviving comparisons to the historic 1980 Hunt brothers fiasco that once rocked global commodities. The rally has driven benchmark prices in London to levels not seen in decades, eclipsing New
The Reserve Bank of India will begin a pilot on tokenized certificates of deposit on Wednesday, according to information shared by the central bank at an event in Mumbai on Tuesday. The plan is to use the wholesale segment of its central bank digital currency (CBDC) to issue and settle these instruments. Chief General Manager