Crypto Decoders

🚨📉 Arthur Hayes sold $22 million worth of crypto and moved into cash

The BitMEX co-founder said he took profits on ETH, ENA, UNI, and other altcoins due to macroeconomic and geopolitical risks. 💬 Hayes expects the market may fall first before resuming its rise. He plans to start buying again once more favorable signals emerge.

According to Lookonchain, Hayes sold $22.28 million worth of assets, including:
🔸 ETH — $15.2 million
🔸 ENA — $2.76 million
🔸 UNI — $2.24 million
🔸 ETHFI, AERO, PENDLE, and ZAMA — around $2.1 million more.

#forecast

🏴‍☠️🎢 Initia hacked: hacker drained $2.7 million, and INIT plunged before bouncing back!

A vulnerability was discovered on the Initia network that allowed an attacker to mint unbacked tokens and drain real assets through cross-chain bridges.

🔸 Preliminary estimates put the amount drained at around $2.7 million in crypto assets.
🔸 The Initia team halted L1 and Rollup and is investigating the impact of the attack.
🔸 The INIT token itself was not affected by the minting vulnerability, the project’s co-founder said.

📉 After the news broke, INIT fell by about 14%, but then fully recovered its losses and moved into positive territory.

The final extent of the damage has not yet been determined.

#hack

🚫🇷🇺 Crypto exchange HTX has added Russia to its list of prohibited countries!

HTX (formerly Huobi) has added Russia to the list of jurisdictions whose residents are prohibited from using the platform’s services.

According to media reports, Russian clients have begun receiving notifications asking them to withdraw their assets within 7 business days. However, there has been no official public confirmation of a universal withdrawal deadline.

We recommend that HTX users check their account notifications and whether withdrawals are available.

#exchanges

🇺🇸🚫 22 major companies oppose the tokenization of their shares on OKX

Wells Fargo, Intuit, and Arm Holdings have joined the companies that have refused to allow trading in tokenized versions of their shares on OKXICE, a joint project by crypto exchange OKX and the owner of the NYSE.

The platform initially planned to tokenize 63 stocks, but the number of companies that have filed objections has already reached 22.

Under SEC rules, issuers can block the listing of tokenized versions of their shares on a specific platform.

#RWA

🇨🇳 China to create a national blockchain network by 2030

Chinese authorities have approved a five-year digital development plan that includes creating a national blockchain infrastructure by 2030.

Blockchain technology is set to be widely adopted in finance, international trade, industry, and agriculture. The plan also provides for the development of unified technology standards and data exchange infrastructure.

The ban on cryptocurrency-related activities in China remains in place. The plan concerns the development of blockchain technology, not the legalization of cryptocurrency trading.

#regulation

👀 The founder of Internet Computer accused NEAR of using someone else’s technology without permission!

Dominic Williams, founder of DFINITY, said that the Chain Signatures technology used in NEAR Intents is based on DFINITY’s cryptographic research.

🔹 What’s the allegation? According to Williams, NEAR has been using a threshold-signature scheme developed by DFINITY cryptographers for about 2.5 years without the required license.
🔹 What does the technology do? It allows NEAR to sign transactions on other blockchains, including Bitcoin and Ethereum, without conventional cross-chain bridges.
🔹 What evidence is there? Williams cites academic publications and GitHub. He also claims that NEAR is switching to an alternative, slower signature scheme.

#NEAR #ICP

🚀 Ripple and Swiss financial company Arf have announced a partnership to expand international payments using RLUSD and the XRP Ledger

Arf processes around $10 billion in settlements annually. The company now plans to use XRPL to provide liquidity to payment organizations.

🔹 RLUSD — short-term financing for international transfers, typically with a maturity of 1 to 5 days.
🔹 XRPL — infrastructure for processing settlements.
🔹 Lending on XRPL — Arf plans to use the built-in Lending Protocol once it is activated.

So, what does XRP get out of this? The token will be used for network fees and reserves, but the loans themselves will be issued in RLUSD.

$10 billion is Arf’s current annual transaction volume, not an amount that has already moved to XRPL. The volume of future transactions on the network has not yet been disclosed.

🪙

💰 Aave is preparing new tokenomics: buybacks, staking, and burning #AAVE

Aave founder Stani Kulechov unveiled the concept for Aavenomics 3.0, which will bring together three mechanisms:

➖ Buybacks of AAVE funded by protocol revenue.
➖ Staking — using tokens to secure the protocol.
➖ Burning AAVE — permanently reducing the token supply.

💰 Aave previously allocated up to $50 million a year for buybacks, but the program was paused in April 2026.

📌 The DAO will decide how much AAVE to burn and when the new model will launch.

⚠️💰 Ethereum postpones the Glamsterdam upgrade due to compatibility issues

Ethereum developers canceled the Hoodi testnet upgrade scheduled for October 26.

The reason is potential compatibility issues between EIP-8037 and smart contracts already in use. The changes affect how gas fees are calculated.

New dates for the Hoodi upgrade and the Glamsterdam launch on mainnet have not yet been announced.

#ETH

👨‍👧‍👧Santiment: The number of XRP holders has reached a record high as network growth accelerates.

The XRP Ledger currently has a record 8.24 million non-empty wallets, reflecting steady growth that has continued through several months of price volatility.

Network growth also reached 4,772 new wallets in a single day, the fifth-largest jump since March.

💪The number of holders continues to grow.

🪙

🏦🇭🇰 Banking giant HSBC has launched its own stablecoin for millions of customers

One of the world’s largest banks has begun a phased rollout of HSBC RedCoin (RCHKD), a stablecoin pegged 1:1 to the Hong Kong dollar.

➖ 3.3 million PayMe users — the potential audience for the new stablecoin.
➖ Payments and transfers — RedCoin can be used to send money between people and pay for purchases at more than 100,000 merchant locations.
➖ Tokenized investments — by the end of the year, HSBC plans to add the option to buy these products through its banking app.

🎓💰 TRON has made it to Cambridge and Oxford!

TRON DAO held an educational seminar in collaboration with the blockchain communities at two of the UK’s most prestigious universities.

➖ USDT on the TRON network — they discussed using stablecoins for international transfers, payments, and settlements.

➖ Justin Sun Prize — they introduced a research initiative offering awards of up to $1 million for solving a single mathematical problem.

➖ TRON Academy — the educational program also includes student blockchain communities at Harvard, MIT, Yale, and other universities.

#TronGlobalFriends #TGF

🇰🇷 💰Chainlink has partnered with LG, one of South Korea’s largest corporations

Chainlink and LG CNS, the technology arm of LG Group, announced a collaboration to develop stablecoins pegged to the Korean won and tokenized assets.

➖ Chainlink will provide technology for transferring data and assets between blockchains.

➖ LG CNS will integrate Chainlink infrastructure into its digital asset platform for banks and financial institutions.

➖ LG CNS is already participating in the Bank of Korea’s digital currency project, Project Hangang, where testing has covered around 80,000 customers across seven banks.

#LINK

🦄 Uniswap starts earning from competitors’ liquidity

Uniswap has launched Aggregator Hooks—a technology that lets users tap into the liquidity of other decentralized exchanges directly within Uniswap v4.

🔥 What’s changed:

➖ 7 liquidity sources are now connected, covering more than 90% of DEX activity on supported networks.
➖ Available on Ethereum, Base, and Robinhood Chain.
➖ The system automatically finds the best swap route, including through third-party platforms.

💰 The most interesting part is the fees! Even trades routed through competitors’ liquidity will generate fees for the Uniswap protocol, which are used in the #UNI burn mechanism.

💳 Visa is preparing for a possible $2.5 billion acquisition of Fireblocks

According to Axios, the payments giant is in advanced talks to acquire Fireblocks, a company that provides infrastructure for storing and transferring digital assets and working with stablecoins.

🔥 Around $16 trillion in transactions have passed through Fireblocks’ infrastructure, and approximately 2,500 clients use its services.

📌 The deal has not been finalized, and there has been no official announcement.

🌉 Central banks are increasing their gold reserves and moving them out of the US

According to Fortune, central banks are increasingly reconsidering where they store their gold amid geopolitical tensions.

➖ France withdrew all its gold from the Federal Reserve Bank of New York.
➖ The Netherlands moved around 86 tonnes of gold from the US and Canada to London.
➖ Central banks’ gold purchases averaged around 1,000 tonnes annually over the past four years—twice the previous level.

The reason is a desire to reduce the risks of holding reserves abroad and ensure access to gold in times of crisis.

💰The Starknet community overwhelmingly supported studying the network’s transition from Ethereum L2 to an independent post-quantum L1.

🔹 93.52% of votes were in favor of studying the transition.
🔹 The goal is to protect the network from future quantum threats and reduce its reliance on Ethereum.
🔹 In November, StarkWare plans to present a draft of the technical documentation.

📌 For now, only the research has been approved. The actual transition will require a separate vote. #STRK will remain the network’s primary token.

🤖 Hedera connects ChatGPT, Claude, and other AI agents to the blockchain

Hedera Network MCP has launched on the testnet. AI agents can now interact with Hedera using regular text commands through Claude Code, Codex, Cursor, and ChatGPT.

🔹 Send HBAR and issue tokens.
🔹 Check balances and retrieve blockchain data.
🔹 Create and manage transactions using 40+ tools.

🔐 Most importantly, AI does not get control over funds. Users must confirm every transaction themselves in their crypto wallet.

📌 For now, the service is only available on the testnet. A mainnet launch has not been announced.

#HBAR

In the U.S., three companies want to launch exchanges for tokenized securities

TSV LLC, OKXICE TSV, and Perpetualscom have filed applications with the SEC to create trading platforms under the Innovation Exemption framework.

It allows new financial technologies to be tested with certain regulatory exemptions.

📈 The companies plan to facilitate trading in tokenized securities using blockchain infrastructure.

💰 Stellar is preparing the Bell upgrade: scaling and protection against quantum threats

The Stellar (XLM) team has unveiled Protocol 30, an upgrade focused on enterprise blockchain use.
➖ Smart accounts: Companies will be able to serve millions of users through shared smart contract infrastructure.
➖ Quantum protection: Support for verifying post-quantum signatures will be added, but this does not yet mean the network is fully quantum-resistant.
➖ Speed: The changes will lay the technical groundwork for faster transaction confirmations in the future.

📅 Validators are scheduled to vote on activating the upgrade on the mainnet on November 23.

#XLM