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Singapore, Singapore, October 13th, 2025, Chainwire The world-renowned blockchain event, TOKEN2049 Singapore, successfully concluded at the Marina Bay Sands Expo and Convention Centre. As a leading compliant cryptocurrency exchange, Tapbit made a remarkable impression at the event, capturing the attention of global blockchain companies, investors, and media with its strong brand presence and innovative products. A Crowd-Pulling Booth and Cutting-Edge Innovations During the two-day event, Tapbit’s booth emerged as one of the most visited spots at the venue. Crypto enthusiasts, traders, and partners from around the world gathered to explore Tapbit’s latest advancements in regulatory compliance, security, perpetual contracts, spot…

NEW YORK, Oct. 13, 2025 /PRNewswire/ — Touareg Group, an international leader in finance, digital assets, and technology innovation, has announced the establishment of its U.S.-based subsidiary, Touareg Group Technologies Co. This strategic expansion represents a major step in the Group’s long-term growth strategy and demonstrates its commitment to building world-class infrastructure at the convergence of finance and emerging technologies. The new subsidiary will focus on artificial intelligence (AI), blockchain infrastructure, and digital asset exchange platforms, with a strong emphasis on the development of a next-generation cryptocurrency exchange. This exchange is designed to provide institutional-grade security, regulatory alignment, and advanced…

Binance has voluntarily announced compensation for users who incurred losses due to platform’s disruptions late Friday that triggered a significant price crash in wrapped beacon ether (wBETH), Binance Staked SOL (BNSOL), and Ethereum’s synthetic dollar USDe.”Due to significant market fluctuations over the past 16 hours and a substantial influx of users, some users have encountered issues with their transactions. I deeply apologize for this. If you have incurred losses attributable to Binance, please contact our customer service to register your case,” Yi He, co-founder and chief customer officer at Binance, said on X.He added that the exchange will review account…

In brief A new study shows LLMs can mimic human purchase intent by mapping free-text answers to Likert ratings through semantic similarity. Method achieved 90% of human test–retest reliability on 9,300 real survey responses. The study raises questions about bias, generalization, and how far “synthetic consumers” can stand in for real people. Forget focus groups: A new study found that large language models can forecast whether you want to buy something with striking accuracy, dramatically outperforming traditional marketing tools.Researchers at the University of Mannheim and ETH Zürich have found that large language models can replicate human purchase intent—the “How likely…

The Pentagon isn’t usually in the business of commodity speculation, but when national security is at stake, expect the old rules to bend. The Financial Times reports that the U.S. Defense Department has kicked off a $1 billion spree to stockpile critical minerals like rare earths.This includes everything from rare earths to strategic metals needed for electric vehicles, fighter jets, and semiconductors. The goal? Build domestic resilience. Break dependency on a Chinese supply chain that’s proven anything but dependable.​The move to procure up to $1 billion worth of critical minerals is part of a global stockpiling effort aimed at countering…

Key takeawaysSome altcoins, including Cosmos’s ATOM token, briefly fell near zero on Binance during Friday’s crypto market crash.The same altcoins held real market value on other centralized crypto exchanges.On Oct. 10, the cryptocurrency suffered its most severe downturn since the FTX collapse, with the total market capitalization dropping by approximately $850 billion within hours.Bitcoin (BTC) fell around 10–15%, from highs near $124,000 to lows of $105,000. However, altcoins fared far worse, especially those traded on Binance, with many plunging 99.99-100% in minutes.That includes tokens like Cosmos (ATOM), IoTeX (IOTX), and Enjin (ENJ), whose prices on Binance briefly hit zero. ATOM/USDT,…

Friday’s crypto sell-off was a fast, leverage-driven cascade that crushed altcoins while bitcoin held up comparatively better — and the next phase hinges on a handful of signals, according to Wiston Capital Founder Charlie Erith.In a Sunday post titled “Crypto Crumble,” Erith said the market excluding bitcoin, ether and stablecoins fell about 33% in roughly 25 minutes on Oct. 10 before bouncing to a loss of around 10.6%. He added that about $560 billion, or 13.1%, has been erased from total crypto market value since Oct. 6 and cited $18.7 billion in liquidations during the episode. He linked the immediate…

The Trump-China drama may have been perfectly timed because Donald Trump struck a calm, almost rehearsed tone after Friday’s sudden market crash, before TradFi markets open on Monday.Crypto is often caught holding the ball as President Trump’s market-moving announcements tend to come on Friday, almost sparing stocks from the carnage.Sponsored Trump Calms China Fears, Fuels Bitcoin and Ethereum RecoveryGlobal markets could be steady by Monday morning, and crypto, which absorbed the shock over the weekend, is already leading the rebound.Bitcoin was approaching the $115,000 mark, while Ethereum reclaimed $4,100, following Trump’s comments on Truth Social, which eased China fears. Investors…

The USDe synthetic dollar depegged on the Binance crypto exchange due to an internal oracle issue and not because of the underlying collateral, the Ethena protocol, or the token itself, according to Guy Young, the founder of Ethena Labs, the creator of USDe.USDe minting and redeeming worked “perfectly” during Friday’s flash crash, he claimed; $2 billion in USDe was redeemed during 24 hours across crypto exchanges, including Curve, Fluid, and Uniswap, with minimal price deviations of 30 basis points (BPS) or less, Young said.The price of USDe fell from about $1 to $0.65 on Binance during the crash because the…

Dubai, United Arab Emirates, October 11th, 2025, Chainwire According to CoinMarketCap data, Bitcoin fell 8.9% over the past week to $111,452.76, while Ethereum declined 16.4% to $3,770.65 and BNB dropped 6.8% to $1,093.59. The sell-off came after U.S. President Donald Trump announced additional tariffs on Chinese exports and software controls, triggering what Coinglass described as “the largest liquidation event in crypto history,” with over $19 billion in leveraged positions wiped out and more than 1.6 million traders liquidated. Pepeto (PEPETO) has now raised $6,996,954.27 in its presale, offering tokens at $0.000000158 each. Built on Ethereum, the project integrates zero-fee trading…