Author: Blockto Team

Court approval marks a major milestone for the Indian crypto exchange, paving the way for fund recovery and operational revival following one of Asia’s largest exchange breaches. Crypto exchange WazirX has received formal approval from the Singapore High Court for its long-awaited restructuring plan, setting the stage for repayments to over 150,000 affected users after the $234 million hacking incident that shook the platform in 2024. The decision follows months of negotiations and revisions to satisfy both creditors and regulatory concerns. Founder Nischal Shetty expressed gratitude to the community, saying the approval was “a result of immense support and patience…

The HIP-3 upgrade marks a major leap toward decentralizing Hyperliquid’s derivatives ecosystem, allowing builders to launch perpetual futures markets directly onchain by staking 500,000 HYPE. Hyperliquid Launches HIP-3 to Boost Onchain Market Innovation Leading decentralized derivatives platform Hyperliquid has officially activated its HIP-3 upgrade, enabling permissionless creation of perpetual futures markets on its HyperCore network. The update, which went live on October 13, represents a major shift in how decentralized derivatives markets can be deployed and managed. According to the platform’s latest announcement, any developer can now create a perpetual DEX on HyperCore by staking 500,000 HYPE, the ecosystem’s native…

DOGE Price Finds Support and Builds Constructive Momentum Amid Bullish Technical Signals Dogecoin (DOGE) has bounced strongly over the weekend, gaining more than 11% as buying volumes quadrupled across major exchanges. The surge followed a volatile week that briefly saw DOGE testing its key support around $0.0016, before rebounding to above $0.0020 on renewed investor interest. The move coincides with bullish momentum developing along an ascending trendline, indicating a potential shift in sentiment among traders. Technical indicators such as the Moving Average Convergence Divergence (MACD) and Relative Strength Index (RSI) are both flashing positive signals, suggesting that buyers may be…

Indian Tax Agency Probes Binance Traders for Tax Evasion India’s Central Board of Direct Taxes (CBDT) has reportedly launched a large-scale probe targeting more than 400 wealthy Binance traders suspected of tax evasion between 2022 and 2025, according to official documents shared with regional tax departments. The move marks one of the most aggressive enforcement actions yet against crypto tax offenders in India. Authorities believe these traders failed to declare or underreported their crypto trading profits while using Binance, the world’s largest cryptocurrency exchange. Departments in multiple Indian cities have been instructed to submit investigation reports by October 17, signaling…

Binance Coin (BNB) surges toward record levels, showing strong bullish structure and renewed investor confidence amid rising on-chain activity. Binance Coin (BNB) is making headlines once again as it trades near its all-time high (ATH) of $1,371, marking one of the strongest rallies among major cryptocurrencies in recent months. As of the latest data, BNB/USDT trades around $1,320, reflecting nearly a 98% gain from recent lows and signaling strong bullish momentum in the market. Technical charts indicate a clear ascending trendline that has been guiding price action since July, supported by multiple retests. Analysts note that BNB’s structure remains “technically…

The latest Bitcoin Core v30 update boosts the OP_RETURN data limit from 80 to 100,000 bytes, sparking controversy over Bitcoin’s purpose and reigniting fears of another “blocksize war.” Bitcoin Core v30 Rolls Out With Major Architectural Changes The Bitcoin Core development team has officially released version 30.0, marking one of the most significant updates to the Bitcoin software in recent years. The release introduces optional encrypted connections between nodes for improved privacy and performance, along with key bug fixes and fee rate adjustments. However, the most talked-about feature — and the one dividing the community — is the increase in…

NEAR Price Stabilizes Near $2.50 Amid Renewed Market Volatility NEAR Protocol (NEAR) is showing early signs of recovery after last week’s sharp market correction that dragged prices briefly below $1.50, marking one of the largest intraday drops of the quarter. As of Monday, the token has rebounded to around $2.49, reclaiming a crucial technical support zone highlighted by traders. Friday’s sell-off triggered widespread liquidations across the crypto market, led by Bitcoin’s flash dip below $105,000. NEAR, which had been consolidating between $2.40 and $3.20, saw intense volatility as buyers stepped in near the major demand zone around $1.70, a level…

Whale Trader Returns With $163 Million Bitcoin Short A high-profile trader on Hyperliquid, identified by wallet 0xb317, has once again drawn attention across the crypto market by opening a $163 million short position on Bitcoin. The move comes just days after the same trader reportedly earned $192 million from a perfectly timed short placed minutes before Trump’s tariff announcement, which triggered a rapid market collapse. According to blockchain analytics, the new position — a 10x leveraged perpetual contract — is already sitting on about $3.5 million in unrealized profit, but faces liquidation if Bitcoin surpasses $125,500. With BTC currently trading…

Crypto Market on Edge as ETF Approvals Freeze The ongoing U.S. government shutdown has entered its third week, freezing progress on multiple cryptocurrency exchange-traded funds (ETFs) awaiting regulatory approval. The Securities and Exchange Commission (SEC), which oversees these applications, is currently operating with limited staff, leaving at least 16 crypto ETFs — including those tracking Solana (SOL), XRP, Litecoin (LTC), and Dogecoin (DOGE) — pending without decisions. The shutdown began on October 1, after Republicans and Democrats failed to agree on federal budget allocations, causing most government operations to halt. This deadlock has left the crypto industry in a holding…

Bitcoin miner Marathon Digital acquires 400 BTC worth $45.9 million following a 13% market drop, reinforcing institutional confidence amid price volatility. Marathon Digital Buys the Dip Amid Bitcoin Volatility Leading bitcoin mining firm Marathon Digital Holdings (NASDAQ: MARA) has expanded its cryptocurrency reserves by acquiring an additional 400 BTC valued at approximately $45.9 million, according to recent on-chain data. The purchase occurred after Bitcoin’s sharp 13% decline triggered by renewed U.S.–China tariff tensions, which temporarily unsettled global risk assets. Despite the steep fall, Marathon’s latest acquisition highlights institutional accumulation during market downturns, a pattern historically seen before major price recoveries.…