Gang Posed as Elon Musk Associates Arrested in $1.3M Crypto Romance Scheme

Crypto romance scam syndicate based in Poipet, Cambodia has been dismantled, after victims lost about $1.3M through a fake SpaceX app. South Korean prosecutors said 13 suspects have been charged, with 11 arrested, as seven others are being tracked. It comes as butchering scams have drained billions.
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Lighter’s LIT Tokenomics Split DeFi Community – Fair Launch or Insider Heist?

Lighter has published tokenomics for its Lighter Infrastructure Token (LIT): 50% to users, partners and incentives and 50% to team and investors, with a 1-year cliff and 3-year vesting. DeFiLlama data have shown Lighter posting about $4.3B in 24h perp volume and $201B over 30 days. As debate builds.
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Bitwise Floods SEC With 11 Crypto ETF Filings in One Day

Bitwise submitted 11 cryptocurrency strategy ETF registrations to the SEC in a single day, spanning DeFi lending, Layer-2 scaling, and privacy networks as generic listing standards accelerate institutional product launches.
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Liquidity Evaporates as BTC Hovers Near $88K; BitMine Stakes $1B ETH

Crypto volumes have sunk to 2025 lows, even as Bitcoin has risen 1.12% to $88,224 and Ethereum has hovered near $2,967. BitMine has staked 342,560 ETH, removing about $1B from liquid supply. A proposed California billionaire tax on unrealized gains has stirred 2026 exit fears among founders and VCs.
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Gemini AI Predicts the Price of XRP, ETH, and BNB For the Beginning of 2026

Gemini has outlined early-2026 scenarios for XRP, ETH and BNB after an Oct. 10 flash crash. It has flagged $1.75, $2,800 and $800 as key supports, with resistance near $2.36 for XRP and $3,370 for ETH, while BNB has faced the $1,000 barrier in a range-bound market. It sees Q1 2026 as decision point.
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