The cryptocurrency market remains fundamentally strong despite the crash on the night of October 11, 2025, which led to the liquidation of futures positions for more than $19 billion, said the head of general research at Galaxy Digital, Alex Thorne.
The National Bank of Ukraine (NBU) doubts the possibility of introducing the digital hryvnia (e-hryvnia) in 2027. The reason is the high cost of the project, which, according to the regulator, is ethically questionable during the war. This was reported by Interfax-Ukraine, citing a statement by NBU Deputy Governor Oleksiy Shaban during a speech at the Kyiv International Economic Forum 2025.
Cryptocurrency exchange MEXC has published its September trading data, showing an increase in activity, token profitability and user engagement. The report highlights a sharp increase in interest in derivative platforms (perd DEX) and activity in the BSC ecosystem, which became the key drivers of the market before the fourth quarter, the company said.
From October 11 to October 18, 2025, Incrypted’s editorial team recorded 32 investment deals, 25 of which exceeded the total amount of $2.2 billion. Among them were corporate investments, traditional venture rounds, tokensales and other forms of financing. Details are in our weekly digest.
The Incrypted editorial team has prepared another digest of the week’s main events in the Web3 sphere. In it, we will tell you about the allegation of manipulation of liquidation data on CEX, including Binance, the maximum FUD on the crypto market, the false issue of 300 trillion PYUSD, the unethical launch of e-hryvnia, and much more.
A group of Republicans has prepared a bill aimed at codifying Trump’s executive order to include alternative investments in retirement plans, including 401(k). This was reported by The Block with reference to one of the authors, politician Troy Downing.
Telegram has sent a warning to French users about the threat to privacy that has arisen in connection with the Chat Control initiative. This was reported by the founder of the messenger Pavel Durov.
Citigroup said that the wave of the largest liquidations in the history of the crypto market on the night of October 10-11, 2025, proved that bitcoin shows a high correlation with the stock market. This was reported by CoinDesk with reference to an analysts’ report.
AI Expo Europe will take place in Bucharest, the capital of Romania, between 2 and 3 November 2025. Organisers in conversation with Incrypted said the event will bring together the most influential people in artificial intelligence, robotics, automation and emerging technologies.
After a two-year pause, the South Korean Financial Intelligence Unit (FIU) has resumed consideration of Binance’s application to acquire the local crypto exchange Gopax, which could open the way for the company to officially return to the South Korean market. This was reported by local media.
German AI-developer Black Forest Labs is in talks to raise $200 to $300 million in investments at the company’s valuation of $3.25 billion, Bloomberg reports, citing sources familiar with the deal.
JPMorgan Chase plans to launch trading in crypto assets in the future, but not their storage. This was stated in a commentary for CNBC by Scott Lucas, head of Digital Assets Markets (Markets DLT) at the company.