KLEA Crypto Daily: Monday, October 13, 2025

Here’s a look back at the key stories from October 13, 2025.

U.S. Fintechs, Banks, States Launch Stablecoin and Bitcoin Payment Initiatives

A U.S. fintech company, Brex, announced plans to integrate stablecoins into its B2B payments platform, allowing customers to accept stablecoins with automatic conversion into USD and send stablecoins directly from their USD balances.

California DFPI Issues Desist and Refrain Order to Cryptoasset ATM Operator

The California DFPI issued a cease and desist order against an ATM cryptoasset operator in California for violating the California Digital Financial Assets Law by accepting more than $1,000 from a customer in a single day on at least 99 occasions since January 1, 2024.

Bitcoin Back To $115,000 As ETH, XRP, Dogecoin Soar On Tariff De-Escalation

Bitcoin has rallied to $115,000 as President Trump signaled a softer stance on China-related tariffs. This led to significant price increases for Ethereum, XRP, and Dogecoin, with notable gains seen across the cryptocurrency market.

'Wake-Up Call': After $500 Billion Crypto Crash, Analysts Warn Market Reset Exposes Leverage Risks

Analysts caution about leverage risks following a $500 billion crypto crash, serving as a wake-up call for the market reset. The crash highlights the potential dangers of trading with leverage in the volatile crypto space.

BlackRock CEO Larry Fink: Bitcoin and Crypto ‘Serve Same Purpose as Gold’

BlackRock’s CEO, Larry Fink, has shifted his stance on Bitcoin, now viewing it as a legitimate alternative asset similar to gold, contrary to his previous comments in 2017.

Crypto.com CEO Urges Regulators to Investigate Exchanges After $19B Market Crash

Crypto.com CEO Kris Marszalek has called for global regulators to investigate major cryptocurrency exchanges following a recent $19 billion market crash, citing concerns over market manipulation and the need for transparency.

Ripple Offers $200,000 Bounty for Finding Bugs in XRP Ledger Lending Protocol

Ripple is incentivizing security researchers with a $200,000 reward to discover bugs in its upcoming XRP Ledger blockchain lending protocol. The bug bounty program, in collaboration with Immunefi, aims to enhance the security of the DeFi infrastructure before its launch.

Crypto Fundraising Hits Record $3.5 Billion in a Single Week

Crypto companies raised a staggering $3.5 billion in a single week before the recent market crash. This fundraising milestone underscores the continued growth and interest in the cryptocurrency industry despite market fluctuations.

'Don’t Stop ₿elievin’: Strategy Spends $27 Million Buying the Dip as Total Bitcoin Holdings Reach 640,250 BTC

A strategy has invested $27 million in buying the dip, increasing its total bitcoin holdings to 640,250 BTC. This move indicates confidence in bitcoin despite recent market fluctuations.

Russia Accused of Using Crypto to Fund Espionage Operations Across the EU

Poland's national security head has raised concerns about Russia using cryptocurrency to finance espionage activities in the EU. This revelation comes after evidence was found linking Russian intelligence networks to cryptocurrency payments for espionage.

Crypto Market Rebounds as Bitcoin and Ethereum Recover but Volatility Signals Persist

The crypto market is showing signs of recovery after a turbulent weekend, with Bitcoin and Ethereum regaining lost ground. Despite the bounce back, volatility signals remain, with over $600 million in losses from liquidations in the past 24 hours.

Polymarket Nobel Peace Prize Controversy: Data Leak Likely Involved Web Scraping

A potential data leak related to the Nobel Peace Prize may have originated from web scraping on the Nobel Prize website, as hinted by an alleged insider profiting from the bet on Polymarket. The incident raises concerns about data security and integrity in prediction markets.

Ephyra Reaches $6.5M in Total Funding as Pass Card Surpass 10M

EPHYRA, a pioneering AI-driven entertainment ecosystem, announced reaching $6.5 million in total funding and surpassing 10 million ecosystem nodes. This milestone reflects the platform's growth in ecosystem expansion and community building, following a strategic investment from leading Web3 venture firms.

Hyperliquid Founder Criticizes Underreporting of Liquidations by Major Centralized Exchanges

The founder of Hyperliquid has sparked debate by accusing major centralized exchanges like Binance of underreporting liquidation data during high-volatility events. This criticism highlights concerns around market transparency and operational differences between decentralized and centralized trading platforms.

Bitcoin Core v30 Update Sparks Controversy with OP_RETURN Change

Bitcoin Core released its v30 update, causing division within the community due to the significant raise in the OP_RETURN data limit.

© 2025 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Source: KLEA News