Hey crypto addicts,


Indian crypto exchange CoinDCX has confirmed a $15.99 million loss after suspicious transfers from older wallet infrastructure raised fresh security concerns. The admission came days after CEO Sumit Gupta dismissed initial reports of a breach as a possible false alarm. The incident has renewed questions about the exchange’s security controls and transparency.

According to CoinDCX, a failure in its automated wallet system allowed deposits to accumulate in vulnerable addresses previously compromised during a $44 million hack in July 2025. The company says it will absorb the loss, while customer balances, active wallets, and trading services remain unaffected. However, blockchain investigators have challenged the exchange’s earlier explanation, intensifying scrutiny over how the wallets continued processing deposits.

The incident highlights the risks of outdated wallet infrastructure and the importance of clear communication when security concerns emerge. CoinDCX says it is strengthening monitoring and urges users to verify deposit addresses before transferring funds. As crypto platforms face growing pressure to protect assets and maintain trust, this case serves as another reminder that security failures can have consequences long after an initial breach. Here’s what you need to know from today’s crypto market.☕

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UK banks are facing mounting pressure after customers filed 10,092 complaints over restrictions on cryptocurrency payments in just 90 days. According to crypto advocacy group Stand With Crypto UK, 9,803 people reported difficulties transferring money to crypto platforms, with Lloyds, Barclays and NatWest accounting for around half of all complaints. The figures highlight a growing divide between Britain’s ambition to become a global crypto hub and the banking barriers faced by everyday investors.

The restrictions vary widely, ranging from daily and monthly transfer limits to outright bans on crypto-related payments. While banks argue these measures help protect customers from scams and financial losses, critics say blanket restrictions can prevent legitimate transactions, even when crypto platforms meet regulatory requirements. The issue is gaining urgency as the UK prepares to introduce a comprehensive crypto regulatory framework in October 2027, although FCA authorization will not automatically guarantee access to banking services.

The growing dispute raises important questions about whether banks should assess crypto transactions individually rather than restrict them based on the industry alone. Advocacy groups are calling for clearer policies and better ways for customers to challenge rejected payments, while lawmakers continue examining the impact on the sector. As crypto regulation advances, access to traditional financial services could become just as important as regulatory approval in determining the industry’s future. Here’s what you need to know from today’s crypto market.☕

Pi Network has released Desktop version 0.6.4, aiming to make its ecosystem more accessible by simplifying remote access to applications hosted on users’ own computers. The update removes the need for manual router configuration, allowing users to access supported SoloHost applications through Pi Browser on mobile devices. It also introduces additional security checks designed to limit what these applications can access on a computer.

The release marks another step in Pi Network’s effort to strengthen its developer ecosystem, particularly for self-hosted applications and AI tools. The project also confirmed that its Mainnet completed the Protocol 28 upgrade on October 16, improving transaction-data handling and making smart contract maintenance more flexible. However, the new features still need to translate into meaningful user adoption, and the team has not disclosed how many users have adopted the latest desktop release.

Despite these developments, PI remains under pressure in the market. The token traded near $0.076 on October 25, below the $0.08 level, with reported monthly losses approaching 13%. The contrast highlights a key challenge for Pi Network: turning technical progress into stronger ecosystem activity and sustained market confidence. Here’s what you need to know from today’s crypto market.☕

Zcash (ZEC) is struggling to recover after a sharp correction erased much of its recent rally. The token rebounded 2.6% to around $1,184 on October 25 but remained down roughly 25% for the month. Heavy futures liquidations have raised concerns about whether buyers can regain control ahead of a major network upgrade.

Around $14 million in ZEC futures positions were liquidated within 24 hours, including $10 million in long positions. Open interest also dropped 12.45% to $2.37 billion, signaling reduced trader exposure. Key levels to watch include resistance at $1,214 and support near $1,175 and $1,100.

Investors are also watching Zcash’s NU7 upgrade, expected around November 5, which aims to cut block intervals from 75 seconds to 25 seconds. Whether the improvement can revive bullish momentum remains uncertain as market volatility persists. Here’s what you need to know from today’s crypto market.☕

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Standard Chartered-backed Anchorpoint is taking a cautious approach to launching its Hong Kong dollar-backed stablecoin, HKDAP, for retail users, declining to confirm its previously anticipated year-end 2026 timeline. CEO Dominic Maffei said the company wants to build the market sustainably rather than rush the product, particularly because bringing a stablecoin on a public blockchain to everyday consumers

Cointelegraph’s latest Hodler’s Digest highlights several major developments across the crypto industry. Ethereum researchers are using coordinated AI agents to identify vulnerabilities in the upcoming Glamsterdam hard fork after security flaws forced the cancellation of its final testnet rehearsal. Meanwhile, a “Steal My Bitcoin” security challenge involving a wallet worth around $2,000 was solved

Several major US companies are pushing back against plans by crypto exchange OKX and Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, to offer tokenized versions of their shares. The number of companies objecting reportedly reached 22 by October 23, including Microsoft, Alphabet, Wells Fargo, Arm Holdings and Intuit.

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