Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert & block trade
Convert crypto with one click and zero fees
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Crypto Weekly Roundup: SBF's Latest Claims, T3 Financial Crime Unit Freezes $300M, & More

Crypto Weekly Roundup: SBF's Latest Claims, T3 Financial Crime Unit Freezes $300M, & More

CryptodailyCryptodaily2025/11/01 16:00
By:Amara Khatri

Last week Sam Bankman-Fried resurfaced with claims that FTX was never insolvent, with Mastercard reportedly eyeing a $2 billion acquisition of Zerohash. Meanwhile, the T3 Financial Crime Unit froze $300 million in illicit funds, marking a major milestone in crypto security efforts.

Business

An account used by Samn Bankman-Fried, founder and former CEO of bankrupt cryptocurrency exchange FTX, has claimed the exchange was never insolvent, echoing arguments raised during his trial. 

Binance.US has denied claims that its USD1 listing was a form of payback for President Trump’s pardon of Binance founder and former CEO Changpeng Zhao. 

Mastercard is in advanced talks to acquire crypto startup Zerohash in a deal valued between $1.5 and $2 billion, according to sources familiar with the deal.

Crypto giant Coinbase has acquired onchain capital raising platform Echo in a $375 million deal which will enable Coinbase community members to raise capital more easily for growth. 

Web3

Crypto exchange BTCC has introduced a limited-time Halloween campaign, the Spooktacular Halloween Night of Fortune , which will have significant giveaways, including one full Bitcoin, for users who participate by completing a set of trading and deposit-based tasks, including a minimum deposit of 200 USDT and a cumulative futures trading volume of at least 50 million USDT

While algorithmic trading bots have long been part of the crypto landscape, AI tools, especially large language models specifically designed for analytical work like Anthropic’s Claude has emerged as a particularly valuable resource for traders who need to process vast amounts of information quickly and accurately.

TZ APAC's Fortify Labs announced that it is now inviting applications for its 2026 cohort. The program , scheduled to take place in Singapore will span seven months of focused development time, offering funding of up to $1.3 million while simultaneously delivering hands-on guidance for each participating project individually.

According to the latest Crypto Adoption and Stablecoin Usage Report , US crypto activity surged by 50% between January and July compared to the same period last year, while adoption has also accelerated in key markets like South Asia and North Africa. 

As the world’s first omnibank, Digitap has introduced a no-KYC option, giving users the power to spend globally without the frustration of checks.

Altcoins

In his op-ed for BeInCrypto, Outset PR’s founder Mike Ermolaev warned that projects ignoring AI visibility are already fading from digital awareness.

As crypto markets prepare for what could be a major rebound heading into 2026, early Solana (SOL) investors appear to be shifting part of their portfolios into newer, lower-cost altcoins, like Mutuum Finance (MUTM).

FUNToken has officially launched a fully transparent, audited Ethereum smart contract designed to automatically reward $FUN holders as the token grows from a $5 Million rewards pool that directly benefits long-term supporters and early stakers.

Security

The T3 Financial Crime Unit, a joint initiative by Tether, TRON, and TRM Labs, has frozen $300 million in tainted digital assets within its first year, signaling a major advancement in crypto industry-led financial crime prevention.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

The Deep Transformation of TBC-UTXO Architecture: The Underlying Code of the Global Machine Economy Network

UTXO is no longer just a "proof of transfer," but has become a "universal language" for value exchange between machines, serving as a quantum bridge connecting the physical and digital worlds.

ForesightNews2025/11/03 08:23
The Deep Transformation of TBC-UTXO Architecture: The Underlying Code of the Global Machine Economy Network

With his retirement imminent, Buffett has accumulated $382 billion in cash, setting a new all-time high!

Warren Buffett has reduced his stock holdings for the third consecutive year, with Berkshire Hathaway's cash reserves soaring to 382 billions USD. As the "Oracle of Omaha" takes these actions before stepping down, is he defending against risks or preparing for the next round of low-price investments?

Jin102025/11/03 07:50

Another Fallout! Musk and Altman's Old Grudges Reignite

From Tesla Roadster refunds to the restructuring of OpenAI, the conflict between two tech moguls has flared up again. Elon Musk angrily accused Sam Altman of stealing OpenAI, while Altman responded: "You abandoned it, I saved it, why can't we look forward?"

Jin102025/11/03 07:50
Another Fallout! Musk and Altman's Old Grudges Reignite