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Bitcoin steadies near $110K as traders brace for October’s US inflation report. The CPI print could set the tone for BTC’s next move, with volatility expected to surge once the data hits.
Quick Take Summary is AI generated, newsroom reviewed. Hacker moved $10.8M in Ethereum via Tornado Cash after the October 2024 exploit. The original Radiant Capital hack drained $53M from its lending pool. Privacy mixers like Tornado Cash make tracing stolen funds difficult. The incident highlights security challenges in the growing DeFi sector.References The Radiant hacker has deposited $10.8M tied to the Oct 2024 exploit in $ETH to Tornado Cash, per Certik.
Bitcoin price is holding above $111,000 as a familiar RSI signal reappears — the same setup that fueled a 15% rally last month. On-chain data shows renewed accumulation and easing profit-taking, but BTC must break above $116,500 to confirm another leg higher.
- 14:00Paxos announces acquisition of New York crypto wallet startup FordefiJinse Finance reported that crypto payment infrastructure company Paxos has announced the acquisition of New York-based crypto wallet startup Fordefi, with the transaction amount exceeding 100 million US dollars. Fordefi specializes in crypto wallet solutions designed for decentralized finance (DeFi) and currently has about 40 employees, serving around 300 clients. Paxos CEO Charles Cascarilla stated that this acquisition is aimed at meeting the growing demand from clients for DeFi access. Fordefi will temporarily operate independently, but Paxos plans to eventually integrate its technology into its own infrastructure. This is Paxos's second acquisition in the past year; previously, the company acquired Finnish stablecoin issuer Membrane Finance to comply with EU cryptocurrency regulatory requirements.
- 13:34Swedish payment giant Klarna will launch a stablecoin on the Tempo blockchain in 2026ChainCatcher News, according to market sources, Swedish payment giant Klarna will launch a stablecoin on the Tempo blockchain, which is supported by Paradigm and Stripe, in 2026 to reduce cross-border payment costs, becoming the latest fintech company to bet on stablecoins reshaping global payments. According to insiders, KlarnaUSD can bypass traditional intermediaries such as Swift during large-scale global fund transfers, significantly reducing internal settlement costs, and will gradually be made available to merchants and general users.
- 13:34Bridgepoint acquires majority stake in crypto audit and compliance service provider ht.digitalAccording to ChainCatcher, citing a report from Sky News, London-listed private equity investment firm Bridgepoint has announced the acquisition of a majority stake in digital asset auditing and technology service provider ht.digital for approximately £200 million. HT has more than 700 clients, including major global crypto exchanges, asset management companies, and banks, benefiting from the rising institutional demand for crypto asset allocation.