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Zendesk, the customer service firm popular with crypto trading companies, was hacked this week and the attackers are using stolen personal data to bribe the messaging platform Discord. Discord revealed last Friday that users interacting with its support or trust and safety teams may have been impacted by a breach targeting its third-party customer service provider. It claimed that hackers gained access to “a small number of government‑ID images (e.g., driver’s license, passport) from users who had appealed an age determination,” and may have accessed other personal data, from contact details to billing information.  Security researcher VX Underground reported on Saturday that Zendesk was the compromised third party. Now, it says that the hackers obtained over 2 million age verification-related photos and are extorting Discord with the photos as leverage.  Chat, we are cooked Discord is being extorted by the people who compromised their Zendesk instance They've go...

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The Bitcoin Rainbow Chart projects that the asset could trade between $37,627 and $419,225 by October 31, 2025, depending on market sentiment and its position within historical growth bands. Notably, the Rainbow Chart is a long-term logarithmic growth model that visualizes Bitcoin’s (BTC) historical price performance through color-coded “sentiment bands.” With Bitcoin trading around $124,000, this places BTC within the chart’s “HODL” zone ranging between $111,040 and $145,283. This area suggests steady confidence among long-term holders without signaling excessive market exuberance. Bitcoin Rainbow chart. Source: BlockhainCenter According to the model, at the lower end, the “Basically a Fire Sale” and “BUY!” zones range from $37,627 to $66,483, signaling undervaluation opportunities based on historical patterns. The mid-range bands of “Accumulate,” “Still Cheap,” and “HODL”, span between $85,880 and $145,283, implying stability and moderate optimism. The up...

The International Monetary Fund (IMF) has urged Zimbabwe to provide more clarity on their de-dollarization plans. For the uninitiated, Zimbabwe had rolled out a plan to phase out the US dollar by 2030. The plan aims to make the local currency, the Zimbabwean Gold (ZiG), the country’s sole tender by 2030. The IMF claims that Zimbabwe has withheld several important details about its 2030 de-dollarization plans. In a high-level meeting last week, the IMF consulted with the authorities of Zimbabwe, urging them to clarify their initiatives. Zimbabwe needs to answer whether the ZiG will be limited to domestic transactions and not international usage. In addition, the IMF has requested Zimbabwe to answer whether bank deposits will be allowed to remain denominated in both the US dollar and the ZiG. The lack of clear and concrete details on de-dollarization by Zimbabwe could cause operational implications for existing foreign currency bank deposits, said the IMF. This has increased uncerta...

Ethereum (ETH) whales are on a buying spree, signaling renewed confidence in the asset amid ongoing short-term bullish sentiment. Specifically, this class of investors has accumulated about 800,000 ETH in the past week. Wallets holding between 10,000 and 100,000 ETH have steadily increased their positions over the period, according to data shared by Santiment on October 5. ETH whale transaction. Source: Santiment Historically, such aggressive accumulation phases often coincide with the early stages of broader rallies, as institutional and high-net-worth investors tend to position ahead of retail market participation. Notably, while the whale accumulation climbed through late September into early October, Ethereum’s price followed suit, breaking out of its consolidation range.  This suggests whales are buying dips, establishing a strong demand floor that could limit short-term downside risk. To gauge how the asset might react to these whale accumulatio...

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Crypto exchange-traded funds (ETFs) are continuing their positive streak this week, recording consistent green daily inflows since September 26. As usual, BlackRock is dominating the landscape, having seen approximately $446 million in Bitcoin (BTC) and $177 million in Ethereum (ETH) inflows, or around $623 million in total, on Thursday, October 2, according to data retrieved by Finbold from SoSoValue . With the fresh capital, the world’s largest fund now has nearly $111.5 billion in the two assets, Bitcoin accounting for 84% of its overall holdings and Ethereum for about 14%.  Daily volumes are likewise strong, with $4.25 billion traded in the last 24 hours, as the total Bitcoin ETF market capitalization hovers at some $161 billion. BlackRock BTC and ETH inflows. Source: SoSoValue Institutional appetite for BTC and ETH grows U.S. spot Bitcoin ETFs are regaining momentum after a brief cooldown in late September, with renewed capital signaling renewed in...

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Tether CEO Paolo Ardoino says the company’s new wallet building kit will soon be available and open to all developers as he releases the product’s demo. In a new thread on X, Ardoino says that the wallet development kit (WDK) will have the ability to store Bitcoin (BTC) and gas-fee abstraction, which removes the need for users to hold specific tokens to pay for blockchain transactions. He expects the wallet development kit to launch in about one month. “Here is a demo of the (Wallet Development Kit) WDK template wallet. Build 100% on WDK by Tether. Well encapsulated reusable UI (user interface) components. Soon open source. Fully non-custodial (supports different seed backup strategies to enable super simple user-experience). Available for any platform/os both mobile and desktop. Implements USDT, USDT0, an extremely comprehensive set of DeFi (decentralized finance) primitives (lending, swapping…). Security audited. Clone, add your custom...

The cryptocurrency sector recorded $306.7 million in losses from hacks during the third quarter of 2025, according to Finbold’s Q3 2025 Cryptocurrency Market Report. The findings, compiled by Finbold research using data from blockchain security firm SlowMist , underscore the persistent vulnerabilities across crypto exchanges and protocols, even as the overall volume of attacks declined compared to earlier in the year. Unlike the first quarter of the year, when the $1.5 billion Bybit incident dominated the headlines, the third quarter was shaped by a cluster of mid-sized attacks. The most significant was the $54 million breach at Turkish exchange BtcTurk, with the attack method still undisclosed.  Other incidents included $44.2 million stolen from CoinDCX due to a security flaw, $42 million drained from GMX through a reentrancy exploit, $41.5 million lost at SwissBorg because of a third-party vulnerability, and $27 million stolen from BigONE in a supply chain ...

Dogecoin (DOGE) is ending September with mild bearish momentum, but technical indicators and historical performance suggest the coin could surge in October. This outlook, shared by TradingShot in a TradingView post on September 30, indicated that Dogecoin has been moving within an upward channel since March, showing a consistent pattern of higher highs and higher lows. DOGE price analysis chart. Source: TradingView The analyst noted that recent price action has found support along the higher-lows trendline that emerged from the August 3 low, reinforced by the 100-day moving average (MA).  This support level is critical, as maintaining it suggests Dogecoin could test the upper boundary of the channel, aligned with the higher-highs trendline, during October. To this end, TradingShot’s technical projections indicate that a successful rebound from this level could see Dogecoin reaching a target of $0.32, corresponding to the 1.136 Fibonacci extension of the ...

China is now making strategic moves to establish its new global dominance in the sector of finance and capital flows. The country is all set to debut a yuan-backed stablecoin in Kazakhstan, a crucial part of Beijing’s plan to popularize the extensive offshore yuan usage. Will this move expedite the de-dollarization process, aiming to wound the US dollar? Also Read: Dollar Decline: Is China’s Yuan Poised to Go Global? China Set To Debut The Yuan-Backed Stablecoin: What Does It Mean? Source: Thomas White / Reuters China has long been playing with the idea of launching stablecoins as an effective means for trade and transactions. The Chinese regime is all set to launch a yuan-backed stablecoin in Kazakhstan this month, actively experimenting with the usage of blockchain technology in the cross-border payment domain, Reuters later shared. China has always tried hard to win the global currency narrative, leading the charge to take the global reserve asset title away from the dollar. Yuan’s ...

Marusho Hotta shares surged 9% after announcing it will rebrand to ”Bitcoin Japan,” positioning it as a major Bitcoin treasury player. The move follows the acquisition of a controlling stake by US-based crypto custody firm Bakkt Holdings in June and a pivot to Bitcoin treasury operations, sending the stock up 1,258% since Aug. 4  Its name will be changed during a shareholder meeting on Nov. 11, it said in a press release, which added that its English name will be changed to “Bitcoin Japan Corporation.” Marusho Hotta shares are trading at 720 yen ($4.84) as of 1:15 a.m. EST, up from just 53 yen on Aug. 4, according to Google Finance. Marusho Hotta share price (Source: Google Finance ) Bakkt Seeks To Create A Leading Bitcoin Treasury Company In Japan Founded in 1861, Marusho Hotta is one of Japan’s best-known kimono makers and textile producers. The company also operates a range of contemporary and hybrid fashion brands.  However, years ...