Analysis Crypto by Thebittimes.Com

Yesterday’s $11 million hack of bitcoin (BTC) bridge Garden was met with little sympathy from the crypto community, following allegations of its profiting from the proceeds of other hacks. Acknowledging the incident, the team insisted that the protocol itself wasn’t hacked. Instead, one of its “solvers” was compromised, with losses “limited to the solver’s own inventory.” However, on-chain evidence points to the solver being run by the Garden team and blockchain investigators have accused the team of attempting to “downplay the incident” in order to appear “decentralized.” we’ve detected a compromise involving one of garden’s solvers. the app is temporarily offline while we complete a full investigation. the impact is limited to the solver’s own inventory — user funds and garden protocol are not at risk. we’ll share updates as soon as we have… — Garden (@gardenfi) October 30, 2025 Read more: DeFi projects under fire for inflated TVL and murky ...

A total of 65.9 billion Shiba Inu tokens were burned on Thursday and removed from circulation, according to the latest data on Shibarium. This takes the total burn rate to 1.38 billion tokens since the layer-2 network was launched in August 2023. Despite sending close to 66 billion SHIB tokens to the dead wallet, the dog-themed token’s price has remained lifeless in the charts. It is still trading with five zeroes with little to no action, testing the patience of investors. Also Read: Shiba Inu Chances To Grow: 35% Rally Fueled By Token Burn Why Is Shiba Inu Not Rising Despite Billions of Tokens Being Burned? Source: Watcher Guru Shiba Inu is not surging in value because the billions of tokens sound big, but are meager when compared to the price value. To keep it in context, the 65.9 billion tokens that were sent to the dead wallet are worth only $65,000. In the cryptocurrency market, this amount is worth nothing and is like a small fish in the ocean. If millions of dollars worth ...

On-chain analysts have spent the past few days scrutinizing a web of decentralized finance (DeFi) yield farming projects which collectively claim $950 million worth of total value locked (TVL). Criticisms levelled at the projects include that they recursively lent funds between one another’s assets to inflate TVL, and the lack of transparency over the positions held. Some have also raised doubts over the ability to unwind positions safely in order to secure the backing of their yield-bearing stablecoins, especially in the event of a liquidity crunch like that of October 10, 2025. DeFi daisy chain Projects such as YieldFi and Stream Finance aim to generate yield by using deposits to run delta-neutral strategies, similar to $10 billion “synthetic dollar” protocol Ethena. They bill themselves as “asset management for the on-chain economy” and “the SuperApp DeFi Deserves,” respectively. DeFi commentator Togbe kicked off the discussion with an X post on Sunday, cast...

The Federal Reserve has cut interest rates in the US by 25bps, the 2nd month in a row the Fed has slashed rates. Amid the government shutdown that has limited the view of economic data the Fed could go off of, the central bank voted to lower borrowing costs by a quarter of a percentage point. BREAKING: Federal Reserve cuts interest rates by 25bps. — Watcher.Guru (@WatcherGuru) October 29, 2025 The new benchmark lending rate between 3.75% and 4% is the lowest in three years. “Uncertainty about the economic outlook remains elevated,” the Fed said in a statement. “The Committee is attentive to the risks to both sides of its dual mandate and judges that downside risks to employment rose in recent months.” Further, Fed Chair Jerome Powell hinted that it’s difficult to forecast any more cuts this year amid the ongoing shutdown, as job data isn’t readily available. “A further reduction in the policy rate at the December meeting is not a foregone conclusion. Far from it,” Pow...

A defendant named in a bombshell illegal gambling case involving NBA coach and hall of famer Chauncey Billups has seen at least $400,000 in ether (ETH) removed from his wallet, likely seized by the FBI. Alleged money launderer, Anthony Shnayderman, had 100 ETH moved out of his wallet six days ago following a test transaction — a sign that suggests the FBI or another government entity has taken control of the wallet. Shnayderman, who uses a Bored Ape as the avatar for his numerous social media accounts, has been anything but discreet about his involvement with illegal sports gambling and repeatedly reached out to individuals on X to assure them he could pick winners. It’s unclear if anyone took him up on his offers . Another crypto bro and X user “FreeMoose_NBA,” aka Mustafa Omar, was interviewed on the Pablo Torre Show months ago, describing what seems to be a crew of NBA-adjacent gamblers, launderers, and fixers. Read more: Coinbase hacker panic-sold ET...

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Trump Coin (Official Trump/TRUMP) is experiencing quite a price surge despite a market-wide downturn. According to CoinGecko data, the memecoin has rallied 10.5% in the last 24 hours, 17.1% in the last week, and 9.9% over the previous month. However, the coin is still down by 8.1% in the monthly charts. Apart from TRUMP, Melania Meme (MELANIA) is also registering massive gains. MELANIA has rallied 21.7% in the daily charts and 20% over the last week. Let’s discuss why the First Family-based cryptocurrencies are rallying today. Source: CoinGecko Why is Trump Coin Experiencing a Price Surge? Source: Fast Company Trump Coin’s latest upswing comes after President Trump announced that the US may be nearing a trade deal with China. The crypto market faced a massive liquidation event after the two countries had a trade dispute. President Trump stated on Monday, “ I have a lot of respect for President Xi, and we are going to come away with the deal. “ Trump Coin’s ...

Eric Trump says that the United Arab Emirates, as well as other countries in the world, have begun “actively buying” Bitcoin. “If you go to the UAE, to a lot of countries, they are actively putting treasuries into it,” he said in a recent interview. “If you look at Fortune 500 companies, they are actively hoarding Bitcoin… that’s why it’s been as explosive as it is.” JUST IN: Eric Trump says the UAE and many other countries are "actively buying" Bitcoin. pic.twitter.com/oEt2KPEw7f — Watcher.Guru (@WatcherGuru) October 27, 2025 Bitcoin is climbed past $115,000 over the weekend, and now sits at $115,264 at press time. It’s grown over 70% in value in the past year, with several countries and financial institutions investing in the asset. The Bitcoin price jumped following announcements from U.S. Treasury Secretary Scott Bessent, who confirmed substantial progress had been made in U.S.-China trade talks over the weekend. The ...

In the rapidly evolving non-fungible token ecosystem of 2025, choosing the best marketplace can become tricky and depends entirely on your needs as a digital asset buyer, seller, or digital artist. The top non-fungible token market platforms have distinguished themselves based on Features , fees, audience, and supported blockchain networks. Dominating this exclusive conversation are OpenSea and Blur NFT market platforms, which have both reshaped how creators mint and sell non-fungible token collections and how collectors trade them. Is It OpenSea or Blur? Launched in 2017, OpenSea is one of the best non-fungible token market platforms in the global NFT ecosystem. It offers several NFTs in different categories, such as digital art, collectibles, domain names, photography, music, PFPs, utility, trading cards, and virtual worlds. Even though OpenSea is primarily based on the Ethereum blockchain network, it is compatible with networks like Polygon, Avalanche, Solana, Klaytn, Arbitrum, Op...

So far, “Uptober” has not been living up to its name this year, and Finbold’s AI prediction agent suggests that Bitcoin (BTC) is likely to slip even further by Halloween. The crypto is currently trading at around $111,280, having suffered a monthly drop of 1.48% as a result of mounting selling pressure and weakening institutional flows.  BTC 1-month price chart. Source: Finbold However, it is worth mentioning that Bitcoin has seen some modest gains on the 24-hour front, gaining 1.47% following the news that President Donald Trump would meet Chinese President Xi Jinping next week. The market sees the meeting as a sign that the strained U.S.-China relations could relax a little as we head toward the end of the month. What’s more, the timing coincides with the ongoing trade discussions in Malaysia, where U.S. Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer are meeting Chinese Vice Premier He Lifeng. Bitcoin market dynamics Beyond m...

While it’s fair to say that Donald Trump’s memecoin $TRUMP — down 80% since its launch in January and currently sitting 86% below all-time highs — is doing poorly, it’s worth taking a quick look at the other Trump memecoin: Melania coin. Melania Trump, who launched her own memecoin less than a day after her husband, has seen her token lose an extraordinary 94% since launch and 97.8% off all-time highs. However, the first lady has seen little, if any, blowback for her obvious rug pulls, particularly compared to the criticisms levelled at the president. The Apollo-11 NFTs Melania first dipped her toe in the world of high tech grifting when she announced a now unavailable Apollo-11 NFT collection that didn’t receive approval from NASA. The launch, which was strange considering how little Melania was involved with the United States space program, came after her husband’s first stint as POTUS. NASA has repeatedly forced unauthorized creators and art...

Users on X aren’t sold on Trezor’s new “quantum-ready” wallet, claiming the term is akin to a marketing stunt and no different from any other hardware wallet implementing an update.  Trezor’s announcement of the Trezor Safe 7 claimed it was the “world’s first quantum-ready hardware wallet.” It said, “When quantum computing grows powerful enough to challenge today’s cryptography, your device will already have the foundation it needs to adapt through future firmware updates.” Trezor added that without this tech, “migration to post-quantum cryptography would force users to keep their keys on general-purpose computers, opening an entirely new set of attack vectors.”  However, X users weren’t too sure what any of this actually means, and claimed Trezor’s explanation in the support links “ are extremely vague and high-level .” How can it be quantum ready? Have yous created a new set of words which a seed can be generated which fingerprint verification for every tx a...

Elon Musk’s SpaceX transferred Bitcoin worth $268.5 million, its first since since July, sparking speculation about the strategy behind the move. On-chain data from Arkham Intelligence shows that the company moved a total of 2,495 BTC to two wallet addresses that remained unmarked. 1,298 BTC was sent to the address “bc1qj7enhu6…,” while another 1,197 BTC was transferred to the address “bc1qq7872pz…” As of 6:43 a.m. EST, the wallets had not moved or sold the BTC. Latest Bitcoin Transfers Seen As A Wallet Reorganization While the reason for the recent transfers remains unclear, some analysts believe that the transactions were just part of a wallet reorganization.  Crypto analyst Aunt Ai (ai_9684xtpa) is among the analysts that believe the transactions might not be a sign that SpaceX is looking to sell its Bitcoin.  SpaceX 时隔三个月再次转出价值 2.68 亿...

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