Crypto news today: CoinDCX admits $16M loss, Keystone breach widens and Ethereum ETFs bleed $1.18B in October ahead of Fed week

25 Oct 2026

25 Oct 2026, 22:07 UTC+01:00

DeFi TradeReviewed News Desk

The stories that mattered for crypto traders on Sunday, October 25, 2026.

Markets and flows

• Fed week and an $11 billion options expiry are next. Markets expect the Fed to hold on October 28 but price a December hike, with a hot PCE print and a near $11 billion Bitcoin options expiry on Deribit also landing between Wednesday and Friday. Bitcoin sits near $80,500, far below the $95,000 strike with the largest open bet. (BeInCrypto; our full story)
• Ethereum ETFs are down $1.18 billion for October. US spot Ethereum ETFs lost about $221 million this week, while Bitcoin ETFs ended the week about $301 million in the green but remain roughly $314 million negative for the month, per Decrypt’s tracker. (Decrypt; our full story)
• BloFin CEO expects shallower Bitcoin crashes. Matt Hu argues ETFs and corporate treasuries have made the holder base more patient, a view now tested with BTC trading close to the average cost basis of ETF buyers and treasury companies. (BeInCrypto; our full story)

Hacks and security

• CoinDCX admits a $16 million USDT loss. The Indian exchange says 15.99 million USDT was lost from old deposit wallets compromised in its July 2025 hack, days after its CEO called breach reports a false alarm. CoinDCX says it absorbed the loss. (The Block; our full story)
• Keystone breach exposed customer shipping data. The hardware wallet maker says names, contact details and home addresses leaked after unauthorized access to its website on October 20, though recovery phrases and keys were not exposed. Some customers say data from orders older than 180 days was hit despite a deletion promise, which The Block could not verify. (The Block; our full story)
• Initia’s USDC bridge reserve fell to $63. Bitquery data shows the October 23 exploit drained the Noble-held reserve from about $1 million, leaving dozens of withdrawals stuck while the chain stays halted. (CryptoSlate; our full story)
• Fearless Wallet leaked Polkadot keys. Eight users report 17,286 DOT in unauthorized transfers, and Polkadot’s shorter two-day unbonding period leaves affected holders less time to react. (CryptoSlate; our full story)
• US extradites alleged launderer in a $36.9 million scam. Prosecutors say Zheng Zhao helped route funds from 174 American victims into USDT via a Bahamas bank and on to scam bosses in Cambodia. (CryptoSlate; our full story)

Exchanges and stablecoins

• Binance removes seven tokens from Alpha. PTB, elizaOS and MEMES are among the tokens dropped after a regular review; holders can still sell or withdraw through Binance Alpha and Binance Wallet. (U.Today; our full story)
• Kraken’s bank deal raises protection questions. Payward’s planned purchase of Lithuania’s Saldo Bank would put bank deposits, e-money and crypto under very different legal protections in one app, a CryptoSlate analysis shows. (CryptoSlate; our full story)
• Mastercard gives Ripple’s RLUSD a public nod. Mastercard representatives reportedly praised RLUSD at the XRPL Commons hackathon in New York, days before Ripple Swell 2026. (U.Today; our full story)

What it means for traders

• Macro week is here: the Fed on October 28, PCE data and a large options expiry can move BTC sharply around $80,000, so size leverage for wicks and compare funding and liquidation rules in our exchange comparison, including BingX and OKX.
• Security news dominated the weekend: after the Keystone leak, expect targeted phishing and fake replacement devices. Never share a seed phrase, and see our testing method for how we assess exchange security.
• Custody matters: the CoinDCX and Initia cases show why it pays to know where your funds sit and how fast you can withdraw them. This is not financial advice.

Related reviews

• Bingx review
• Okx review

Sources

• BeInCrypto: Fed week and an $11 billion options expiry are next
• Decrypt: Ethereum ETFs are down $1.18 billion for October
• BeInCrypto: BloFin CEO expects shallower Bitcoin crashes
• The Block: CoinDCX admits a $16 million USDT loss
• The Block: Keystone breach exposed customer shipping data
• CryptoSlate: Initia's USDC bridge reserve fell to $63
• CryptoSlate: Fearless Wallet leaked Polkadot keys
• CryptoSlate: US extradites alleged launderer in a $36.9 million scam
• U.Today: Binance removes seven tokens from Alpha
• CryptoSlate: Kraken's bank deal raises protection questions
• U.Today: Mastercard gives Ripple's RLUSD a public nod

News is for information only and is not financial advice. More crypto news