Lookonchain analysts reported large-scale liquidations on decentralised platform Hyperliquid. According to their data, during the market crash on the night of 11 October, more than 1,000 wallets were completely zeroed out – users lost all their funds.
DGFI conference was held in Tbilisi, dedicated to the prospects of decentralized finance and the role of artificial intelligence in simplifying user experience. This was reported to Incrypted by the organizers of the event.
Between October 1 and 11, 2025, Incrypted’s editorial team recorded 51 investment deals, 36 of which totaled almost $4.05 billion. These included corporate deals, traditional venture capital fundraising, token sales, and more. The lion’s share of funding came from the Polymarket betting platform, with $2 billion. Read more in our weekly digest.
Konstantin Ganich, a well-known trader in the crypto community and co-founder of the Cryptology Key project, has passed away. The information was confirmed by the team in his Telegram channel.
The massive fall in most cryptocurrencies that began on Friday evening, 10 October, led to the liquidation of futures positions worth over $19 billion overnight — a record high, according to Coinglass.
On the morning of October 11, 2025, users of the Binance exchange recorded a large-scale “depeg” — a deviation of the prices of the USDe, BNSOL and WBETH stablecoins from their face value. According to TradingView, USDe was falling to $0.6567, WBETH to $430.65, and BNSOL to $34.9.
On October 1, 2025, the TOKEN2049 conference kicked off in Singapore, the largest event of the crypto industry, which brought together 25,000 participants from more than 160 countries.
Crypto investor Roger Ver, nicknamed “Bitcoin Jesus,” has reached a tentative agreement with the U.S. Department of Justice in a tax fraud case. As reported by The New York Times, he has agreed to pay about $48 million to settle claims of unpaid taxes related to his crypto assets.
Binance has introduced a new Meme Rush service. The product provides Binance Wallet users with exclusive early access to meme coins launches. Developed in conjunction with the Four.Meme platform, the feature, allows users to purchase tokens before they appear on decentralized exchanges.
The U.S. Bureau of Labor Statistics (BLS) is bringing some employees back from unpaid leave to complete the September inflation report, Reuters reported. Despite the shutdown of federal agencies due to the shutdown, the release of the consumer price index remains a priority.
The news of a large-scale theft has shaken the cryptocurrency community: the owner of a wallet associated with the Hyperliquid platform lost more than $20 million after his private key was compromised. A user with the nickname mlmabc reported this.
The international Bitcoin Conference series is returning to Europe. Bitcoin Amsterdam, the region’s largest event dedicated to the development of bitcoin and the digital economy, will take place between November 13 and 14, 2025.
Analytical company CryptoQuant reported that despite bitcoin reaching a new all-time high of more than $126,000, investors continue to hold their positions.
The UK announced the creation of a new position — “champion of digital markets”. He will oversee the tokenization of financial instruments and the digitalization of the country’s wholesale markets. The government’s plans were announced by Finance Minister Lucy Rigby in a speech prepared for the Digital Assets Week conference in London, Bloomberg writes.