Imagine a digital showdown where prediction markets battle for supremacy. October was the month Kalshi flexed hard, smashing records with $4.39 billion in monthly trading volume, leaving its rival Polymarket trailing with just over $2.29 billion.
Ripple Seizes Palisade as Corporate Crypto Adoption Accelerates
Ripple acquired Palisade to expand Ripple Custody and Ripple Payments for banks, fintechs, corporates, and crypto-native firms. The company will integrate wallet-as-a-service to handle key management, approvals, and policy controls at scale. Monica Long said,
“Corporates are poised to drive the next massive wave of crypto adoption.”
Ripple linked the deal to high-speed, regulated use cases across multiple blockchains. It cited crypto-to-fiat on- and off-ramps, subscription payments, and collection capabilities. The firm has spent about $4 billion on acquisitions in 2025.
Ripple Palisade Acquisition and Corporate Crypto Adoption
Ripple said Palisade will plug directly into Ripple Custody for institutional clients. The focus is banks and corporates that need licensed partners and audit trails. The aim is standardized controls, not retail features.
Ripple Payments will also use Palisade. The company pointed to cross-border flows that must pass compliance checks. It wants predictable settlement with role-based approvals.
The statement highlighted corporates and crypto-native firms. Teams want clean APIs, clear logs, and tested workflows. They want wallet-as-a-service without long internal builds.
Ripple Custody, Wallet-as-a-Service, and Institutional Clients
Ripple Custody targets banks and large treasuries. With Palisade, it adds policy engines, separation of duties, and approval chains. Institutions can set asset limits and geography rules.
The wallet-as-a-service model supports fast deployment. It reduces custom engineering for key management. It helps teams meet internal risk and audit needs.
Additionally, Ripple ties custody to crypto-to-fiat rails. It wants quick settlement into bank accounts while logging every step. Institutions can move assets and keep records aligned.
Ripple Payments, Cross-Border Flows, and Multiple Blockchains
Ripple Payments connects partners for cross-border transfers. By adding Palisade, it streamlines routing across multiple blockchains and fiat endpoints. It keeps policy checks before release.
The company named subscription payments and collection capabilities. Treasuries can automate recurring receivables and payouts. They still apply sign-offs and compliance rules.
Moreover, Ripple pointed to connectivity with DeFi protocols. The system preserves approvals and audit logs. It maintains controls while accessing liquidity.
Ripple Acquisitions: Hidden Road, GTreasury, Rail, and $4 Billion
Ripple said total deal spend is about $4 billion. Most large transactions closed in 2025. The company expanded trading, stablecoin, and treasury tools.
Earlier Monday, Ripple flagged OTC access for U.S. institutions. That follows the $1.25 billion acquisition of Hidden Road, completed in April. Clients can do block trades with counterparty checks.
In October, Ripple acquired GTreasury for $1 billion. It targets public companies that hold crypto on balance sheets. In August, Ripple agreed to buy Rail for $200 million, with closing expected in Q4.
Payments, DeFi, and Crypto-to-Fiat On- and Off-Ramps
Ripple said Palisade supports high-speed use cases. It listed crypto-to-fiat on- and off-ramps that need compliance and fast reconciliation. It also cited routing across multiple blockchains.
The firm mentioned DeFi interactions. The wallet-as-a-service layer keeps role-based approvals intact. It records actions for audits and reporting.
Subscription payments and collection capabilities remain a core theme. Corporates seek automated flows with traceability. Ripple Payments, Ripple Custody, and Palisade provide that stack.
Disclosure:This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
Kriptoworld.com accepts no liability for any errors in the articles or for any financial loss resulting from incorrect information.
Tatevik Avetisyan is an editor at Kriptoworld who covers emerging crypto trends, blockchain innovation, and altcoin developments. She is passionate about breaking down complex stories for a global audience and making digital finance more accessible.
📅 Published: November 4, 2025 • 🕓 Last updated: November 4, 2025
Wintermute Slams Binance Lawsuit Rumors After Oct. 10 Bitcoin Crash
Wintermute denied lawsuit rumors about Binance after the Oct. 10 crash. Wintermute CEO Evgeny Gaevoy wrote on X: “We never had plans to sue Binance, nor see any reason to do it in future.” He addressed the posts and rejected the claim.
The lawsuit rumors followed online claims of losses tied to the Oct. 10 crash in Bitcoin. Those posts connected Wintermute to compensation demands. Gaevoy called the story “complete bullshit” in reply.
Wintermute acts as a liquidity provider on Binance. The firm supplies quotes that support trading. The denial from Evgeny Gaevoy is the only on-record company position on the matter.
Oct. 10 Crash in Bitcoin: Price and Liquidations
On Oct. 10, Bitcoin fell 15.2%, sliding from $121,560 to below $103,000. The move came after U.S. President Donald Trump announced tariffs. Price action accelerated as order books moved quickly.
Around $20 billion in leveraged positions were liquidated during the drop. The liquidations hit longs most. Volatility increased as the market repriced.
At the start of this week, the crypto market fell 3% to $3.65 trillion. Nearly $1.3 billion in leveraged positions were liquidated in 24 hours. Analysts tracked older Bitcoin wallets selling while price stayed above $100,000.
Claims About Binance ADL, Wintermute Flows, and $700 Million Transfer
Some posts pointed to auto-deleveraging (ADL) on Binance during the Oct. 10 crash. They claimed a risk mechanism failure affected liquidity providers, including Wintermute. The posts suggested ADL did not offset risk as designed.
Another focus was wallet activity tied to Wintermute. Trackers flagged a $700 million transfer to a Binance hot wallet hours before the fall. The timing drew attention across Bitcoin discussions and leverage threads.
Wintermute did not confirm any losses from ADL or the $700 million transfer. The firm’s public stance remains Evgeny Gaevoy’s message denying any plan to sue Binance. No filing or complaint has been made public.
WhalePump Reborn Posts, Lawsuit Rumors, and CZ on “Official Sources”
An X account named WhalePump Reborn claimed Wintermute was preparing a lawsuit. The same claim said Binance disputed the “amounts.” It also alleged that other trading firms were considering action.
Evgeny Gaevoy replied to the post. He wrote: “What a larp, all complete bullshit.” The response addressed the lawsuit rumors and closed the point. The thread focused on Wintermute, Binance, and the Oct. 10 crash.
Former Binance CEO Changpeng Zhao (CZ) told his 10.4 million followers to verify with official sources. Several influencers repeated the lawsuit rumors. The reminders from CZ arrived as the crypto market processed the 3% drop and $1.3 billion in liquidations.
Disclosure:This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
Kriptoworld.com accepts no liability for any errors in the articles or for any financial loss resulting from incorrect information.
Tatevik Avetisyan is an editor at Kriptoworld who covers emerging crypto trends, blockchain innovation, and altcoin developments. She is passionate about breaking down complex stories for a global audience and making digital finance more accessible.
📅 Published: November 4, 2025 • 🕓 Last updated: November 4, 2025
XRP’s user explosion is crazy, new accounts double overnight
Imagine waking up one morning to find your favorite crypto suddenly got a user-growth shot straight into the vein.
Romania drops the hammer, Polymarket banned for unlicensed betting
In one of those “blink and you’ll miss it” regulatory plot twists, Romania’s National Office for Gambling just slapped Polymarket with a big, shiny blacklist sticker.
XRP Compression Points to $4.18 Once $3.20 Breaks
The 3-day XRP/USD chart maps a Wyckoff path. It marks a 2024 accumulation base, then a strong markup, and now a re-accumulation box. Price sits near the mid-area after a pullback.
Crypto’s “Cautious Calm” Marks a Healthy Consolidation Phase
We view the current “cautious calm” in crypto markets as a healthy consolidation phase following the recent Fed-induced volatility, allowing Bitcoin to stabilize near $110,000 and Ethereum around $3,900 as traders methodically rebuild positions.
This period is fostering more sustainable growth by clearing out speculative excess and laying the groundwork for broader institutional participation.
In the near term, BTC could test resistance at $115,000–$120,000 if macro signals improve, while ETH may climb toward $4,200, supported by layer-2 scaling advancements and a resurgent DeFi sector.
Key catalysts to monitor include upcoming Fed rate decisions, ongoing ETF inflows, and regulatory clarity from global bodies such as the SEC—all of which could accelerate mainstream integration.
That said, geopolitical tensions and unexpected inflation prints remain key downside risks that could trigger abrupt pullbacks.
Overall, this stabilization period highlights the maturing resilience of the digital asset ecosystem.
At Bitget, we remain focused on equipping traders with the tools, transparency, and insights needed to navigate these shifts responsibly and contribute to the industry’s long-term growth.
Ryan Lee, Chief Analyst at Bitget
Disclosure:This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
Kriptoworld.com accepts no liability for any errors in the articles or for any financial loss resulting from incorrect information.
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Denmark Pulls EU “Chat Control” Plan — Encrypted Messages Stay Voluntary
Denmark withdrew its effort to mandate EU Chat Control. Platforms like Telegram, Signal, and WhatsApp will not face mandatory scanning before encryption. The measure remains a voluntary framework for encrypted messages.
Before the Fed: Binance Wallet Heat, Ethereum ETH MVRV Slide, and a 53% Wedge Target
A crypto commentator alleged that Binance is “non-stop dumping” Bitcoin and Ether ahead of today’s Federal Reserve remarks.
