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Debt among Bitcoin miners has increased from $2.1 billion to $12.7 billion in just 12 months as they race to meet demands for artificial intelligence and Bitcoin production, according to investment giant VanEck.Without continued investment in the latest machines, a miner’s share of the global hashrate deteriorates, resulting in a reduced share of the daily awarded Bitcoin (BTC), VanEck analyst Nathan Frankovitz and head of digital assets research, Matthew Sigel, said on Wednesday in their October Bitcoin ChainCheck report.“We refer to this dynamic as the melting ice cube problem. Historically, miners relied on equity markets, not debt, to fund these…

Pi Coin has slipped slightly again, down 1% in the past 24 hours, 4.9% over the past week, and nearly 26% this month. The token has been range-bound for days, showing little enthusiasm from traders.Yet, big wallets haven’t completely walked away. Instead, they appear to be watching for a clearer signal — and that cue might come from the meme coin cycle. Surprised? Well, read on to know how the meme coin connection can impact the Pi Coin price.Sponsored SponsoredMeme Coin Link Meets a Bullish SignalOver the past month, Pi Coin’s price swings have started to mirror those of Dogecoin…

Bitcoin price is hovering in the mid $107,000’s range as analysts from both VanEck and Standard Chartered see more upside. Geoffrey Kendrick, Standard Chartered’s global head of digital assets research, sees a near-term dip in bitcoin price below $100,000 as “inevitable” due to factors like renewed U.S.–China trade tensions.  However, Kenrick views any bitcoin price pullback as likely short-lived and a buying opportunity.  Kendrick highlights gold-to-Bitcoin flows as a key indicator, noting that recent rotations — selling gold to buy Bitcoin — could signal stabilization and mark a bottom.  Despite the volatility, Kendrick remains bullish, maintaining his forecast of $200,000…

In the latest validation of prediction markets, the NHL announced Tuesday that it has struck licensing agreements with both Kalshi and Polymarket.The NHL becomes the first major US sports league to ink an official partnership in the prediction market space.The deal gives Kalshi and Polymarket access to NHL data, rights to the league’s logos, and official partnership designation.Kalshi is already leveraging the relationship, displaying the NHL logo on its app. Without the proper licensing agreements, the company has resisted using official marks of any league; Polymarket stopped using NFL logos on its platform after feeling blowback for displaying them without…

Corporate Bitcoin adoption continues to grow as Strategy (formerly MicroStrategy) recently acquired 168 BTC, further expanding its massive treasury during a period of market turbulence. This move demonstrates the company’s ongoing commitment to institutional Bitcoin accumulation, even amid short-term volatility. Strategy’s Latest Bitcoin Purchase The company purchased 168 BTC for approximately $18.8 million, averaging $112,051 per coin. The acquisition occurred between October 13 and 14, following the market sell-off triggered by the Black Friday crypto crash earlier in the month. With this latest addition, Strategy now holds a total of 640,418 BTC, maintaining an average cost of $74,010 per BTC…

After years of establishing its dominance in decentralized finance (DeFi) lending, Aave is now entering what could be its most explosive growth phase yet. With the release of Version 4 (V4), a $50 million token buyback program, and an ambitious expansion into real-world assets (RWA), Aave is strengthening its leadership position.Sponsored SponsoredV4 – A Strategic Milestone Defining Aave’s FutureData shows that Aave (AAVE) currently controls an impressive 82% of Ethereum’s total outstanding lending debt, the highest level to date. This market share has grown steadily over the past four years, outpacing competitors such as Morpho, Spark, and Compound.Ethereum lending market share.…

Decentralized exchange protocol Bunni has officially announced its shutdown after experiencing an $8.4 million exploit last month.This marks the second crypto project to halt operations in October, following the Kadena Organization, which also decided to step back from its project amid ongoing challenges.Sponsored SponsoredThe Bunni Hack: What Happened?On September 2, an attacker stole $8.4 million from the Bunni exchange. In a detailed post-mortem report, the platform explained that the hacker exploited a rounding-direction bug in the smart contract’s withdrawal logic, using a combination of flashloans, micro-withdrawals, and sandwich attacks.The vulnerability allowed the attacker to artificially reduce and inflate the pool’s…

In brief Social media platform Reddit has sued Perplexity AI, accusing the firm of an “industrial-scale” scheme to scrape its user-generated content. Reddit alleges billions of search pages were scraped through tools that bypassed its and Google’s protections. The lawsuit names Perplexity, SerpApi, Oxylabs, and AWM Proxy as defendants. Social media platform Reddit has sued Perplexity AI in federal court on Wednesday, alleging that the artificial intelligence company and its data partners orchestrated an “ industrial-scale” scheme to scrape the platform’s user-generated content.Reddit alleges that the other defendants: SerpApi, Oxylabs, and AWM Proxy, developed and sold tools specifically designed to…

The National Hockey League (NHL) has reached licensing agreements with prediction market platforms Kalshi and Polymarket, making it the first major US professional sports league to permit the use of its trademarks by prediction markets, or “licensed betting markets.”As The Wall Street Journal reported on Oct. 22, the multiyear deals grant both platforms rights to use the NHL logo, terms such as “NHL” and “Stanley Cup,” and individual team names.The intellectual property package is the same that the league extends to sportsbook operators such as DraftKings, FanDuel, and BetMGM.The agreements formalize the push of prediction markets into sports betting, an…

A recent MEXC Q3 report highlighted the strong performance of the crypto market during the last quarter, which saw active traders surge as the total crypto market capitalization climbed to the $4 trillion mark. Related Reading Spot Market Sees Strong Q3 Performance On Wednesday, crypto exchange MEXC published its Q3 2025 Ecosystem & Growth Report, highlighting sustained expansion, robust user activity, and security from the previous quarter. According to the report, the exchange experienced strong activity and trading momentum during the market run between July and September, with over 680 new tokens added to the crypto exchange in Q3, representing…