The UK's Financial Conduct Authority took Huobi Global S.A., the operator of HTX, to court in October 2025 for breaking financial promotion rules after the exchange repeatedly failed to engage with the regulator. The case has now ended in a High Court settlement.

Under undertakings given to the High Court, Huobi Global will not knowingly promote crypto services unlawfully to UK consumers through its website, apps or social media. The pledge runs until October 21, 2031. The terms are confidential, and the company did not admit liability or wrongdoing.

HTX is no longer active in the UK: consumers can no longer make deposits, and new UK users cannot sign up.

Steve Smart, the FCA's executive director of enforcement and market oversight, said crypto firms should be under no illusion that being based overseas puts them beyond the reach of UK law.

Barely a week after launch, the physical AI token AXIS came under pressure from its own insiders. Wallets tied to the team reportedly received more than 76M AXIS (over $12M) from a multisig and began market selling, with one insider address on Base among the sellers.

The tokens were sold through DEXs on Base and sent to Bitget, and the price dropped about 40% over 24 hours. AXIS went live on October 21, 2026.

One insider alone sold 42M AXIS on Base and now holds over $5.04M in USDC across 8 wallets.

The project has not publicly addressed the allegations. Holders face the risk of further selling while insider allocations remain liquid.

Indonesia's largest crypto exchange moved into a defensive posture on October 29, as a senior Indodax official said the platform temporarily suspended user deposits and withdrawals after detecting a rise in cyberattack attempts.

The pause is meant to give the team time for security assessments and risk mitigation. Indodax said user assets remain secure, with no unauthorized withdrawals and no data breach detected so far.

Deposits and withdrawals will resume only once system security is confirmed, with no timeline given.

Until then, users cannot move funds on or off the exchange. Further updates are expected through Indodax's official channels.

Predict, a prediction market on BNB Chain, is getting its token onto Binance as Predict Points holders prepare to claim the PREDICT airdrop. Binance will list PREDICT on spot with three pairs: PREDICT/USDT, PREDICT/USDC and PREDICT/TRY.

Trading opens on October 30 at 10:00 UTC, deposits one hour earlier, withdrawals on October 31. The listing fee is 0 BNB.

PREDICT will first appear on Binance Alpha and leave it once spot trading starts, with Alpha balances moved to spot accounts within 24 hours. The Seed tag means users must pass a risk quiz every 90 days to trade the token. Users in the US, Canada and the Netherlands are among those excluded.

Binance will list PREDICT, the token of prediction market Predict.fun, on October 30 at 10:00 UTC with USDT, USDC and TRY pairs. Deposits are open, withdrawals start October 31.

The Seed Tag means traders must pass a quiz every 90 days. PREDICT already trades as a pre-market perpetual on Binance Futures at about $1.36, or $1.36B FDV on a 1B supply.

Predict.fun did $406M in volume over the last 30 days, up 35%, and $8.06M in fees. October is already its biggest fee month on record.

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Until now every Curve deployment ran on EVM networks. The stablecoin DEX is now live on Stellar mainnet with StableSwap, which lets users create pools without permission, swap assets and provide liquidity.

StableSwap is built for assets with closely linked prices, such as stablecoins pegged to the same currency and wrapped bitcoin tokens. Curve plans to add FXSwap, which handles assets that move against each other, once its audit is complete. No timeline was given.

Founder Michael Egorov said the move beyond EVM is partly driven by institutional demand, calling Stellar "closer to the familiar EVM world than many other chains." The network already hosts stablecoins and tokenized assets, including Franklin Templeton's tokenized money market fund, and MoneyGram uses it for transfers.

Curve currently holds around $1.27B in total value locked. Lending apps on Stellar could route liquidations through the new pools, but liquidity still has to grow and integrations have to follow.

Google Cloud is previewing custody tech for banks, with launch planned for early 2027. Alphabet already secures its own ETH and SOL with it.

Since January 2025, 14 banks, brokers and exchanges have gone live with crypto custody, from Emirates NBD in March 2025 to Deka this month. Half of them are in Europe.

European banks like BBVA, BPCE, KBC and Deka hold the keys themselves. Most US retail offers rent them instead: PNC runs on Coinbase, E*Trade on zerohash and Schwab on Paxos.

In just over a year, trade[XYZ] markets on Hyperliquid have passed $650 billion in volume, offering round-the-clock trading in stocks, indices and commodities that US users could not access. Now the team has announced a partnership with ICE, the owner of the New York Stock Exchange.

Subject to CFTC approval, the two plan to launch a dedicated US market with new exchange and clearing infrastructure built on Hyperliquid. Planned contracts cover equities, indices, commodities, FX and crypto, with access through participating brokers and platforms. Details on products, eligibility and timing will follow as approvals progress.

ICE is making a strategic investment in trade[XYZ], and investor Stan Druckenmiller is joining as well.

The US venue will run in parallel with trade[XYZ]'s existing HIP-3 markets on Hyperliquid. The launch still depends on regulatory approval, and no timeline has been given.

The Bermuda government is extending its onchain economy plan to everyday commerce: it has selected WalletConnect to bring crypto payments to local merchants, with ticketing platform PTIX as the first integration.

Payments at PTIX are expected to go live in the second quarter of 2027.

Under the setup, buyers pay event organizers directly from their own wallets, so PTIX does not take custody of the funds. The goal is to cut local merchants' dependence on costly card and payment processors.

The move builds on the onchain economy initiative Bermuda announced earlier this year with backing from Circle and Coinbase, which focuses on USDC payments and merchant adoption across the island.

On October 27 an outsider broke into Bithumb's in-house mobile groupware, Daou Technology's Daou Office, which staff use for work and messaging. Customer files shared by employees inside the app ended up in the leaked data at the Korean exchange.

Of 6,444 affected customers, 844 had personal data exposed, including resident registration numbers, driver's license numbers, bank account numbers and ID copies. Files of the other 5,600 were encrypted. Data of 715 employees also leaked.

Bithumb says the groupware runs separately from trading services and customer assets, and no funds have been reported lost. The exchange first notified regulators, KISA and the Personal Information Protection Commission about the employee leak only, and found the customer data later during its own probe.

The breach adds to a run of incidents in Korean crypto this month: GOPAX operator Streami flagged abnormal access to some accounts, and Prabang lost 1 billion won to a hack. CEO Lee Jae-won apologized and promised compensation if secondary damage is confirmed.