Tech

October, 2025

• 31 October

  Alibaba’s Qwen3-MAX AI Bets Big on Solana, XRP, and Cardano — 2025 Forecast Inside

  

  Alibaba’s cutting-edge Qwen3-Max AI, a trillion-parameter powerhouse launched in September 2025, is making waves in crypto circles with its bold 2025 price predictions for Solana (SOL), XRP, and Cardano (ADA). Touted for outperforming rivals like Claude Opus 4 in benchmarks, the model analyzed market trends, on-chain data, and macroeconomic signals to project significant gains for these altcoins amid a maturing …
• 31 October

  Bitcoin Holds $109K Line as Asia Markets Track Wall Street’s Tech-Led Gains

  

  Bitcoin (BTC) traded firmly around $111,000 on Friday, October 31, 2025, shrugging off a volatile week to hold key support levels amid upbeat global risk sentiment. The cryptocurrency’s resilience mirrors gains in Asian equities, which opened higher tracking Wall Street’s record highs driven by blockbuster tech earnings.  Crypto Rebound Gains Traction Following a sharp dip to $104,800 earlier in October …
• 31 October

  Coinbase Bags 2,772 BTC in Q3 as Profits Smash Wall Street Expectations

  

  Crypto powerhouse Coinbase Global Inc. (NASDAQ: COIN) delivered blockbuster Q3 2024 results on October 30, shattering Wall Street forecasts amid booming trading volumes and strategic Bitcoin accumulation. The exchange reported $1.9 billion in revenue—a 58% year-over-year leap—and net income of $433 million, underscoring its pivot toward diversified income streams beyond volatile markets.  Revenue Rockets on Trading and Stablecoin Momentum Transaction …
• 31 October

  “FTX Was Never Insolvent”: Sam Bankman-Fried Tells His Side of the Collapse

  

  Disgraced FTX founder Sam Bankman-Fried (SBF) has reignited controversy, insisting his cryptocurrency exchange was never insolvent during its dramatic 2022 downfall. From federal prison, SBF argues the collapse stemmed from a liquidity crisis triggered by panic withdrawals—not missing customer funds. SBF’s Defense: Liquidity, Not Solvency Bankman-Fried claims FTX held assets exceeding liabilities before November 2022’s bank-run-style meltdown. He blames Binance …
• 30 October

  Coinbase Defends Stablecoins, Rejects Claims They Undermine U.S. Banking System

  

  Crypto powerhouse Coinbase is fiercely defending stablecoins against accusations they’re siphoning deposits from American banks, calling the “deposit erosion” myth a baseless ploy to shield banks’ $187 billion payment processing empire. In a October 29, 2025, market note, Chief Policy Officer Faryar Shirzad argued these dollar-pegged tokens enhance U.S. financial dominance abroad, not undermine it at home. The pushback targets …
• 30 October

  Bitcoin Steadies at $108K as Fed Rate Cut Triggers Wild Market Swings

  

  Bitcoin (BTC) traded around $110,000 on October 30, 2025, after a volatile reaction to the Federal Reserve’s second rate cut of the year, which failed to ignite a sustained crypto surge. The Fed trimmed its benchmark rate by 25 basis points to 3.75%-4%, citing labor market softening amid a government shutdown delaying key data. Chair Jerome Powell’s press conference turned …
• 30 October

  Hong Kong’s SFC Strengthens Crypto Oversight and Public Awareness Efforts

  

  Hong Kong’s Securities and Futures Commission (SFC) is intensifying scrutiny over corporate crypto holdings, flagging risks in “Digital Asset Treasuries” (DATs) while rolling out enhanced public education initiatives to shield retail investors from volatility and fraud. Announced October 29, 2025, by SFC Chairman Wong Tin-yau, the measures address surging institutional crypto adoption amid global regulatory pushback. In a stark move, …
• 30 October

  21Shares Files for Hyperliquid ETF as Altcoin Momentum Builds

  

  Swiss-based crypto asset manager 21Shares has filed for U.S. SEC approval to launch a Hyperliquid ETF, marking another bold step in the growing wave of altcoin-linked investment products entering mainstream financial markets. The move reflects rising investor appetite for diversified crypto exposure beyond Bitcoin and Ethereum. A New Kind of Crypto ETF According to the filing, the proposed 21Shares Hyperliquid …
• 30 October

  CryptoLink Faces AUSTRAC Action After AML ‘Weaknesses’ Uncovered

  

  Australia’s financial intelligence regulator, AUSTRAC, has issued a formal compliance warning to CryptoLink, one of the country’s emerging digital asset exchanges, after identifying “significant weaknesses” in its anti–money laundering (AML) and counter-terrorism financing (CTF) framework. The regulator’s review reportedly found lapses in customer due diligence, transaction monitoring, and suspicious activity reporting, raising concerns about CryptoLink’s ability to detect and prevent …
• 30 October

  $31M FINTOCH Scam Mastermind Caught in Thailand: Authorities Close In

  

  In a dramatic raid on October 29, 2025, Thai police stormed a luxury Bangkok residence, arresting Chinese national Liang Ai-Bing, the alleged ringleader of the infamous $31.6 million FINTOCH crypto Ponzi scheme. The operation, in Wang Thonglang district, netted an unlicensed Beretta pistol and 20 rounds of ammo, leading to immediate charges for illegal firearm possession and unlawful entry into …