{"id":4122,"date":"2025-10-24T19:36:00","date_gmt":"2025-10-24T16:36:00","guid":{"rendered":"https:\/\/evercodelab.com\/blog\/?p=4122"},"modified":"2025-10-27T13:40:24","modified_gmt":"2025-10-27T10:40:24","slug":"evercode-lab-weekly-crypto-news-digest-24-10-2025","status":"publish","type":"post","link":"https:\/\/evercodelab.com\/blog\/evercode-lab-weekly-crypto-news-digest-24-10-2025\/","title":{"rendered":"Evercode Lab Weekly Crypto News Digest 24\/10\/2025"},"content":{"rendered":"\n<h3 class=\"wp-block-heading\"><strong>AWS Outage Disrupts Coinbase and Major Platforms<\/strong><\/h3>\n\n\n\n<p>Last Monday did not start with the most pleasant news. A massive <a href=\"https:\/\/health.aws.amazon.com\/health\/status\"><strong>AWS outage<\/strong><\/a> in the US-East-1 region caused disruptions across multiple platforms, including <strong>Coinbase<\/strong>, <strong>Trust Wallet<\/strong>, and <strong>Robinhood<\/strong>.&nbsp;<\/p>\n\n\n\n<p>The AWS team reported an &#8220;<strong>increased error rate<\/strong>&#8221; in the DynamoDB API. This database processes hundreds of thousands of requests per second for streaming services, payment systems, and games.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>The failure underscored a <strong>key irony<\/strong>: even decentralized systems often rely on centralized infrastructure providers.&nbsp;<\/p>\n<\/blockquote>\n\n\n\n<p>Users on social networks noted the irony of the situation when &#8220;a decentralized platform is shut down due to a failure of one cloud provider.&#8221;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong><br><\/strong><strong>Bitcoin \u201cDolphins\u201d Identified as the New Growth Drivers<\/strong><\/h3>\n\n\n\n<p>We\u2019ve talked about <strong>crypto whales<\/strong>, but what about <strong>dolphins<\/strong>? According to <a href=\"https:\/\/cryptoquant.com\/insights\/research\/68fa48e069a00919b9cffad7-23-October-2025-Late-Stage-Accumulation-What-On-Chain-Data-Reveals-About-Bitcoin?utm_source=telegram&amp;amp;utm_medium=sns&amp;amp;utm_campaign=research&amp;amp;utm_content=crypto-weekly-report\">CryptoQuant analysts<\/a>, mid-sized Bitcoin holders, also known as <strong>\u201cdolphins\u201d,<\/strong> are now a major market-driving force.&nbsp;<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>These investors, typically holding between 100 and 1,000 BTC, have significantly increased their positions.\u00a0<\/em><\/p>\n<\/blockquote>\n\n\n\n<figure class=\"wp-block-image size-large\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" width=\"720\" height=\"379\" src=\"https:\/\/i0.wp.com\/evercodelab.com\/blog\/wp-content\/uploads\/2025\/10\/btc-1.png?resize=720%2C379&#038;ssl=1\" alt=\"\" class=\"wp-image-4124\" srcset=\"https:\/\/i0.wp.com\/evercodelab.com\/blog\/wp-content\/uploads\/2025\/10\/btc-1.png?resize=1200%2C632&amp;ssl=1 1200w, https:\/\/i0.wp.com\/evercodelab.com\/blog\/wp-content\/uploads\/2025\/10\/btc-1.png?resize=320%2C168&amp;ssl=1 320w, https:\/\/i0.wp.com\/evercodelab.com\/blog\/wp-content\/uploads\/2025\/10\/btc-1.png?resize=768%2C404&amp;ssl=1 768w, https:\/\/i0.wp.com\/evercodelab.com\/blog\/wp-content\/uploads\/2025\/10\/btc-1.png?resize=100%2C53&amp;ssl=1 100w, https:\/\/i0.wp.com\/evercodelab.com\/blog\/wp-content\/uploads\/2025\/10\/btc-1.png?resize=950%2C500&amp;ssl=1 950w, https:\/\/i0.wp.com\/evercodelab.com\/blog\/wp-content\/uploads\/2025\/10\/btc-1.png?resize=700%2C368&amp;ssl=1 700w, https:\/\/i0.wp.com\/evercodelab.com\/blog\/wp-content\/uploads\/2025\/10\/btc-1.png?w=1425&amp;ssl=1 1425w\" sizes=\"auto, (max-width: 720px) 100vw, 720px\" \/><figcaption class=\"wp-element-caption\"><em>Source: <a href=\"https:\/\/cryptoquant.com\/insights\/research\/68fa48e069a00919b9cffad7-23-October-2025-Late-Stage-Accumulation-What-On-Chain-Data-Reveals-About-Bitcoin?utm_source=telegram&amp;utm_medium=sns&amp;utm_campaign=research&amp;utm_content=crypto-weekly-report\" target=\"_blank\" rel=\"noreferrer noopener\">CryptoQuant<\/a><\/em><\/figcaption><\/figure>\n\n\n\n<p>The &#8220;dolphins&#8221; in CryptoQuant include <strong>ETFs<\/strong>, <strong>corporations<\/strong>, and <strong>other large holders<\/strong>. According to experts, such addresses control the largest share of the digital gold supply \u2013&nbsp; <strong>about 26%<\/strong> (5.16 million BTC).&nbsp;<\/p>\n\n\n\n<p>Analysts are convinced that in the coming weeks, the activity of this group will be decisive: if the rate of accumulation accelerates, bitcoin will be able to update the maximum. If not, the <strong>correction will deepen<\/strong>.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Ledger and Trezor Unveil New Hardware Wallets<\/strong><\/h3>\n\n\n\n<p>Security remains at the forefront of the crypto industry as <a href=\"https:\/\/www.ledger.com\/\"><strong>Ledger<\/strong><\/a> and <a href=\"https:\/\/trezor.io\/trezor-safe-7?gclsrc=aw.ds&amp;&amp;utm_source=google&amp;gad_source=1&amp;gad_campaignid=23147293669&amp;gbraid=0AAAAAClLb_sMFH4V10_fb4Kb1EHzExK1K&amp;gclid=Cj0KCQjwsPzHBhDCARIsALlWNG0vSwqEnk5HZy4cXIYL1FhV_bEWcdfwl_vcogDI6JLo_ATKd7YhycgaAg-6EALw_wcB\"><strong>Trezor<\/strong><\/a> both revealed new hardware wallet models this week. Ledger announced the <strong>Nano Gen5<\/strong>, and Trezor \u2013 <strong>the Safe 7 model<\/strong>.<\/p>\n\n\n\n<p>At the <strong>Ledger Op3n event in Paris<\/strong>, the vendor also renamed the Ledger Live app <strong>Ledger Walle<\/strong>t and announced the <strong>Ledger Multisig business solution<\/strong>.<\/p>\n\n\n\n<p>The new tool received an<strong> E Ink touch screen<\/strong>, <strong>Bluetooth<\/strong>, and <strong>NFC support<\/strong>. The device comes with a Ledger Recovery Key card to restore access. The Ledger Wallet app now allows you to connect directly to dapps like 1inch.<\/p>\n\n\n\n<p>Meanwhile, Trezor introduced the device with an aluminum body, a color touch screen with Gorilla Glass 3 and tactile response, as well as support for wireless charging and Bluetooth.<\/p>\n\n\n\n<p>The main feature of<strong> Trezor Safe 7<\/strong> is the industry&#8217;s first fully auditable <strong>TROPIC01 security chip<\/strong>. It\u2019s paired with a second chip on a two-component architecture. The device is also ready for future threats from quantum computers.<\/p>\n\n\n\n<p>To sum up, designed to enhance <strong>digital asset security<\/strong>, these wallets focus on improved UX, faster setup, and stronger recovery mechanisms. As the self-custody movement continues to grow, these releases highlight the increasing demand for secure, user-friendly storage solutions.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Asia Approves First Spot ETF on Solana<\/strong><\/h3>\n\n\n\n<p>In a landmark decision, Asian regulators in Hong Kong <a href=\"https:\/\/inews.hket.com\/article\/4025751\/%E5%8A%A0%E5%AF%86%E8%B2%A8%E5%B9%A3%EF%BD%9C%E9%A6%99%E6%B8%AF%E9%A6%96%E5%AE%B6Solana%20ETF%E7%8D%B2%E6%89%B9%E3%80%80%E6%88%90%E6%AF%94%E7%89%B9%E5%B9%A3%E4%BB%A5%E5%A4%AA%E5%B9%A3%E5%A4%96%E5%8F%A6%E4%B8%80%E5%8A%A0%E5%AF%86%E8%B2%A8%E5%B9%A3%E7%8F%BE%E8%B2%A8ETF\">have approved<\/a> the <strong>first-ever Solana spot ETF<\/strong>, marking a significant milestone for institutional adoption.&nbsp;<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>The ETF\u2019s approval positions Solana alongside Bitcoin and Ethereum as one of the top assets gaining recognition in traditional finance in Hong Kong. Trading of the product managed by <strong>China Asset Management <\/strong>will start on<strong> October 27.<\/strong><\/p>\n<\/blockquote>\n\n\n\n<p>Overall, <strong>the fund management fee is 0.99%.<\/strong> Storage and administration costs are limited to 1% of the net asset value. The total annual expense ratio is 1.99%. No dividends are expected to be paid.<\/p>\n\n\n\n<p>Can this be considered as opening up new opportunities for cryptocurrencies in Asian markets? We&#8217;ll find out in the future.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Polymarket Confirms POLY Token Launch and Airdrop Plans<\/strong><\/h3>\n\n\n\n<p>Finally, Friday brought some great news! <strong>Polymarket\u2019s CMO<\/strong> <a href=\"https:\/\/x.com\/i\/broadcasts\/1DXxyWLbaBvGM\">officially confirmed<\/a> the company\u2019s plans to launch its own <strong>POLY token<\/strong> and conduct an airdrop for active users.&nbsp;<\/p>\n\n\n\n<p>The current focus of the platform is the<strong> release of the application in the USA<\/strong>, Modabber emphasized. To remind you, the project announced its <strong>return to the United States<\/strong> <strong>in July<\/strong> after completing regulatory proceedings.<\/p>\n\n\n\n<p>So, as we can see, this move of the token launch aims to<strong> strengthen the platform\u2019s decentralized prediction ecosyste<\/strong>m, <strong>rewarding community engagement<\/strong>, and <strong>expanding governance<\/strong>.&nbsp;<\/p>\n\n\n\n<p>Overall, the airdrop campaign is expected to boost activity across the<strong> DeFi<\/strong> and <strong>Web3 betting sectors<\/strong>.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Final Thought<\/strong><\/h3>\n\n\n\n<p>Well, this week reminded our crypto and Web3 community how quickly the market evolves: from token launches and institutional recognition to the ongoing need for stronger infrastructure. Innovation, adaptability, and decentralization remain the keys to growth in the blockchain space.&nbsp;<\/p>\n\n\n\n<p>Keep following <strong>Evercode Lab <\/strong>for fresh weekly insights into blockchain development and the latest crypto trends!<br><br>Ready to bring your service to another level and tap into the full potential of the crypto market? <a href=\"https:\/\/evercodelab.com\/contacts?utm_source=blog&amp;utm_medium=digest22\">Just get in touch with our team today<\/a>, together, we\u2019ll create <strong>what\u2019s next in blockchain innovation<\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>AWS Outage Disrupts Coinbase and Major Platforms Last Monday did not start with the most pleasant news. A massive AWS outage in the US-East-1 region&#8230;<\/p>\n","protected":false},"author":14,"featured_media":4123,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[38,1838],"tags":[2233,85,79,1913],"class_list":["post-4122","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptonews-en","category-digest","tag-bitcoin-en","tag-blockchain-en","tag-crypto","tag-solana"],"aioseo_notices":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.3.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Evercode Lab Weekly Crypto News Digest 24\/10\/2025 &#8211; Evercode Lab Blog<\/title>\n<meta name=\"description\" content=\"Explore this week&#039;s key crypto updates: Polymarket&#039;s token launch, Bitcoin dolphin trend, Solana ETF, and AWS outage insights.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, 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