Indian cryptocurrency exchange WazirX will restart trading operations on October 24, 2025, ending a 16-month suspension triggered by a $230 million security breach. The platform will activate token trading in phases over four days, achieving full functionality by October 27. The Singapore High Court approved WazirX's restructuring plan last week, with 95.7% of creditors supporting the proposal.

Limitless's native token LMTS fell over 58% on October 22, hours after its token generation event. On-chain data show a team-controlled wallet sold $1.4M worth of tokens, triggering a price collapse from $0.35 to $0.20. The project's founder attributed the activity to an on-chain market-maker strategy using concentrated liquidity on Aerodrome.

The National Hockey League has signed multiyear licensing agreements with prediction market platforms Kalshi and Polymarket, granting both the rights to use NHL trademarks, logos, and team names. The deals mark the first time a major US professional sports league has extended the same intellectual property terms to prediction markets that it provides to traditional sportsbooks like DraftKings and FanDuel.

Gold dropped 6.8% on October 21, recording its steepest single-day decline in 12 years after reaching a record high of $4,381 per ounce. Tether minted $1 billion USDT within 24 hours, according to blockchain data. Institutional investors allocated $619 million into Bitcoin and Ethereum ETFs with zero outflows, suggesting potential capital rotation from traditional assets into digital currencies.

Indian crypto exchange WazirX will reopen on October 24, 2025, following Singapore High Court approval of its debt restructuring plan. The platform will offer zero trading fees and distribute recovery tokens to creditors within 10 business days, over a year after a $230 million hack in July 2024.

Hyperliquid's HYPE token rose 7.25% to $37.24 over 24 hours while Bitcoin fell 2.07% for the week to $108,848.27. Nasdaq-listed Sonnet BioTherapeutics completed an $888 million reverse merger with Rorschach I LLC on October 22, creating Hyperliquid Strategies Inc. The new entity holds approximately $583 million in HYPE tokens and plans to raise $1 billion through a 160-million-share offering to fund additional token acquisitions.

Bitcoin trades around $107,600, reflecting a 0.7% decline over 24 hours and a 4.8% drop over the past week, data show. The cryptocurrency has struggled to regain momentum after briefly surpassing $112,000. Analysts remain divided on whether Bitcoin will rebound or face deeper correction, with on-chain metrics presenting mixed signals.

Federal Reserve Governor Christopher Waller directed staff to explore granting stablecoin firms limited access to Fed payment systems through restricted master accounts. The proposed framework would enable direct settlement on central bank infrastructure without traditional banking intermediaries. Speaking at the Fed's inaugural payment innovation conference, Waller acknowledged that distributed ledgers and crypto-assets have become integral to mainstream financial infrastructure.