According to CoinDesk, the Indian cryptocurrency exchange CoinDCX has confirmed a loss of $16 million. The reason is that its fund sweeping process failed to transfer customer deposits from the wallet that was hacked in July 2025.The exchange stated that it will bear this loss itself and claimed that the funds of active users are still safe.
Odaily News: Evernorth plans to raise about $80.7 million through a committed equity financing arrangement with an affiliate of Cantor Fitzgerald, with the proceeds intended for general corporate purposes, including the purchase of XRP. Evernorth currently holds about 473 million XRP. According to an SEC filing submitted by Evernorth on Oct. 23, the company has the right, subject to certain conditions, to sell up to about 5.219 million newly issued shares of common stock to CF Principal Investments in tranches. Based on the closing price of $15.46 per share on Oct. 22, the financing amount is estimated at about $80.7 million; the actual amount raised depends on the number of shares sold and the transaction price, and the arrangement does not mean the financing or the coin purchase has been completed. Evernorth is an XRP treasury company.
According to CoinDesk, XRP treasury company Evernorth plans to raise approximately $80.7 million through a committed equity financing arrangement with a subsidiary of Cantor Fitzgerald, with funds intended for general corporate purposes, including the purchase of XRP. The company currently holds approximately 473 million XRP.Evernorth's SEC filing submitted on October 23 shows that the company has the right to sell up to approximately 5.219 million shares of newly issued common stock in batches to CF Principal Investments after meeting certain conditions. Based on the closing price of $15.46 per share on October 22, this corresponds to approximately $80.7 million; the actual financing amount depends on the number of shares sold and the transaction price, and does not represent completed financing or coin purchases.
According to Bloomberg, the Dutch government plans to promote reforms aimed at improving efficiency through measures such as artificial intelligence, reducing approximately 25,000 civil service positions over the next few years. The Dutch cabinet is expected to announce specific plans for utilizing AI to enhance work efficiency early next year.The government's goal is to save 900 million euros annually by 2027 and to increase the annual savings target to 3.5 billion euros (approximately 3.9 billion dollars) starting in 2035. The number of civil servants in the Dutch government is expected to reach about 160,000 by the end of 2025, an increase of 41% compared to 2018.
Odaily News: Vanguard's small-cap ETF VSS, with $13 trillion in assets under management, has disclosed for the first time a purchase of 4.5 million shares in Bitcoin treasury company Metaplanet (3350.T), valued at $7.5 million. Vanguard is the world's second-largest asset manager, and this move increases its Bitcoin exposure through a Bitcoin treasury company. (Bitcoin Treasuries)
Market news reports that Meta Platforms (META.O) has submitted a mixed securities shelf registration statement, with specific details yet to be disclosed.
According to documents disclosed by the U.S. Securities and Exchange Commission (SEC), Cryptex Digital Market Cap ETF submitted its sixth pre-effective S-1 amendment on October 23, intending to list on NASDAQ under the trading code "BAGZ," with Cryptex Finance as the sponsor.The fund plans to directly hold a variety of crypto assets, constructing a portfolio based on the components and weights of the Cryptex Digital Market Cap Index, and rebalancing in accordance with the index. Assets listed in the document that may initially account for 5% or more of the fund's net asset value include BTC, ETH, XRP, HYPE, DOGE, SHIB, ADA, and CTX, with specific composition and weights subject to change over time. This submission is part of a registration application update and does not represent that the SEC has approved the product or that it has begun trading.
According to Coinglass data, if ETH breaks through $2,444, the cumulative short liquidation intensity on mainstream CEX will reach $779 million. Conversely, if ETH falls below $2,214, the cumulative long liquidation intensity on mainstream CEX will reach $621 million.
Odaily News: If the Federal Reserve keeps interest rates unchanged this week, Fed Chair Warsh will face a familiar challenge: convincing investors that the Fed is committed to curbing inflation while explaining why officials chose not to raise rates. This mirrors the situation in July, when investors were not surprised by the decision to hold rates steady but were dissatisfied with Warsh's reluctance to hint that further increases in borrowing costs might be needed in the future.
Following the September rate hike, the market again expects policymakers to keep rates unchanged this week. As a result, market expectations have shifted to December, with a broad consensus that the Fed is highly likely to raise rates for the second time this year in December. Stephen Stanley, chief economist at Santander U.S. Capital Markets, said: "I don't expect a rate change, but I do think they will raise rates again in December. The tricky part of the communication at this meeting is that Warsh needs to explain why no action was taken in October while also explaining why a December hike remains possible." (Jinshi)
Bloomberg Markets column Odd Lots released the episode "AI Agents Are Already Changing the Price of Goods" on October 26, subtitled The Future of Fair Pricing. Guest Lindsay Owens from the think tank Groundwork Collaborative stated that the history of price fraud does not support the notion that new technologies will make goods cheaper.Owens mentioned that research from the think tank shows that some consumer-facing AI agents, after understanding users' financial situations, actually recommend more expensive products. Her new book "Gouged: The End of a Fair Price --- and What That Means for Your Wallet" discusses how companies increase charges through data collection and monitoring. This episode also covers AI agents like Meta's Muse, tech companies' claims about agents helping consumers find good deals, and methods of price fraud that existed before the advent of AI.
Odaily News: Blast reached the deadline for its standard withdrawal interface today, with approximately $40.41 million in assets still awaiting withdrawal on its official Ethereum mainnet cross-chain bridge, down about 36% from roughly $63.5 million on October 2. Blast announced on October 2 that it would gradually shut down the Layer 2 network, citing operating costs exceeding revenue and the lack of a credible path to economic sustainability. Blast previously said that after October 26, users can still withdraw assets but must interact directly with the bridge contract on Ethereum and can no longer use the standard website interface. At the time of reporting, Blast's official website still displayed the withdrawal entry point and a notice about the network's gradual shutdown. Blast has published contract-level withdrawal guides for ETH, USDB, and BLAST. The relevant steps include initiating a withdrawal on the Blast network, waiting for the transaction's corresponding state record to be submitted to Ethereum, submitting a withdrawal proof through the OptimismPortal contract, and executing the final confirmation transaction after a one-day challenge period.
According to Catcher Predict monitoring, in the market prediction on Polymarket for the event "Counter-Strike: The Mongolz vs MOUZ", the option "MOUZ (-1.5) vs The Mongolz (+1.5)" in the sub-market saw a dramatic fluctuation in the winning probability for "MOUZ", rising from 64.5% an hour ago to the current 93% (a fluctuation of 28.5%). Please note the impact of related breaking news.
London-based startup Nous announced the completion of a $17 million financing round, funded by Heartcore Capital and existing seed round investor Mosaic Ventures.Chalfen Ventures, Joyance Partners, and Bain Future Back Ventures also participated in this financing round. Angel investors include Tom Blomfield, co-founder of Monzo and GoCardless, Brent Hoberman from Founders Factory, and Marc Warner, co-founder of Faculty.
Odaily News: Ripple said that Aviva Investors, the asset management arm of UK insurance group Aviva, has launched tokenized shares of the Aviva Investors Sterling (GBP) Liquidity Fund on the XRP Ledger. The fund, with assets under management of about £22 billion, is Aviva Investors' largest fund; this is the company's second existing fund to be tokenized, following the launch of tokenized shares of its US dollar liquidity fund in July 2026. Total investment in the two tokenized share classes now exceeds $116 million, of which Aviva has invested $66 million in the new shares. The fund is an Irish-domiciled UCITS money market fund that uses a "digital twin" model, mapping its holdings on-chain while maintaining the off-chain fund structure; the underlying assets are custodied by BNY Mellon, with Komainu and Licuido providing digital asset custody and tokenization platform support, and the shares are open to qualified investors holding digital wallets.
