News & Research

The European Commission (EC) is preparing a draft proposal to grant the European Securities and Markets Authority (ESMA) supervisory power over the cryptocurrency sector, Cointelegraph reported. The draft, expected to be released in December, aims to expand ESMA's jurisdiction to cover stock and crypto exchanges, crypto service providers, and other trading infrastructure. According to the report, the EC hopes to unify the EU's capital markets and boost its competitiveness to the level of the United States by empowering a single supervisory body similar to the U.S. Securities and Exchange Commission (SEC). The current system, with numerous national and regional regulators, results in high costs for cross-border transactions.

U.S. Senator Elizabeth Warren, a prominent crypto critic, has refuted allegations that she defamed Binance founder Changpeng Zhao, according to The Block. The dispute arose after Warren stated in a post on X that Zhao had pleaded guilty to money laundering charges. Zhao's lawyers had previously threatened to file a defamation suit if the senator did not retract the comment. In response, Warren's counsel asserted that the senator was merely presenting publicly reported facts, stressing that Zhao has already pleaded guilty and been sentenced to prison.

Michael Saylor, CEO of Strategy, stated on X that the scariest thing this Halloween is not owning enough Bitcoin.

Aria, a story-based intellectual property (IP) tokenization platform, has announced plans to airdrop 10% of its ARIAIP tokens to IP holders. The airdrop will be distributed progressively to qualified holders following the token's official listing.

Losses from cryptocurrency hacks totaled $18.18 million in October, an 85.7% decrease from the $127 million lost the previous month, according to blockchain security firm PeckShield.

Faruk Fatih Özer, the founder of the Turkish cryptocurrency exchange Thodex, has died in prison, Wu Blockchain reported, citing Bloomberg. Özer was sentenced to 11,196 years in prison and fined $5 million on charges of failing to return $2 billion in deposits to 400,000 customers.

The multi-AI agent intelligence platform Edgen provides institutional-grade integrated analysis for both stocks and cryptocurrencies, according to a new report from Asia-based Web3 research and consulting firm Tiger Research. The firm stated that Edgen aims to equip individual investors with customized analytical tools, granting them access to financial analysis capabilities that were previously a privilege of Wall Street. The report noted that while institutions leverage professional systems like the Bloomberg Terminal, it is difficult for retail investors to systematically analyze vast amounts of data. Tiger Research concluded that Edgen seeks to close this gap using AI and could potentially usher in an era where sophisticated financial intelligence is accessible to all investors.

Bitcoin has entered an era led by institutional investors, according to an analysis by CryptoQuant contributor Axel Adler Jr. He noted that while the volume of retail transactions, defined as trades between $0 and $1,000, remains near its historical average at 700,000 per day, its share of total volume has fallen significantly. This proportion has dropped from 1.8% in 2021 to a current 0.48%, which Adler suggests indicates the growing dominance of large institutions in the market.

Eighty-three cryptocurrency companies successfully raised $3.9 billion in October, DL News reported, citing data from DeFiLlama. The largest fundraiser for the month was decentralized prediction market platform Polymarket, which secured a $2 billion investment from Intercontinental Exchange. Including the October figures, the total amount raised by crypto companies so far in 2025 has surpassed $21 billion.

U.S. spot Ethereum ETFs recorded a net outflow of $97.76 million on Oct. 31, marking the third consecutive trading day of outflows, according to data compiled by Trader T. By fund, BlackRock's ETHA led the outflows with $38.19 million, followed by Fidelity's FETH ($27.12 million), Grayscale's ETHE ($13.73 million), Grayscale's Mini ETH ($12.07 million), and Bitwise's ETHW ($6.65 million).