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Blur NFT Marketplace to Shut Down as Trading Volume Collapses 99.5%

Cryptonite UAE

The Blur NFT marketplace is shutting down. The platform that dethroned OpenSea and turned NFT trading into a points-farming arms race will close on November 12, 2026, after monthly volume collapsed more than 99.5% from its peak – the marketplace won the war, then watched the prize evaporate. Blur disclosed the closure Tuesday. Monthly trading … Read more

Bitcoin Whipsaws Between $81K and $84K as Korean Stocks Slide on AI Fears

Cryptonite UAE

A Bitcoin whipsaw defined Tuesday’s session: the largest cryptocurrency slid below $81,000 in early Asian trading, ripped back above $84,000, and settled near $83,300 – a $3,000 round trip that flushed late longs and gave CPI-week positioning its first real gut check. The trigger was not crypto-specific. South Korea’s Kospi plunged 5.5% as AI-investment fears … Read more

IMF Says AI Market Correction Could Trigger Global Financial Turmoil

Cryptonite UAE

The IMF has put an AI market correction at the top of its near-term risk list. The fund’s Global Financial Stability Report, published Tuesday, warns that a sharp repricing of AI-exposed assets – amplified by rising sovereign bond yields and mounting cyber threats – could tip the global financial system into genuine turmoil. The uncomfortable … Read more

Zhibao Bedrock Tokenization Pact Would Put SEC-Registered Shares On-Chain

Cryptonite UAE

The Zhibao Bedrock tokenization framework, announced Monday, would give Nasdaq shareholders something Wall Street has promised for a decade and rarely shipped: their SEC-registered Class A ordinary shares recorded and transferred natively on public blockchains. The pact pairs a 2,380-Bitcoin treasury with a plan to put those coins to work – and it arrives with … Read more

Justin Drake Urges ‘Bunker Mode’ as AI Escalates the Ethereum Quantum Threat

Cryptonite UAE

The Ethereum quantum threat leapt from academic footnote to timeline debate on October 7, when Ethereum Foundation researcher Justin Drake urged the industry to “calmly begin planning for bunker mode” in a post that has since drawn roughly 6.1 million views. His argument: the danger may not arrive with a futuristic quantum computer at all, … Read more

Crypto ETF Outflows Top $1 Billion in October as Spot Bitcoin and Ether Funds Slide

Cryptonite UAE

Crypto ETF outflows have piled past $1 billion for October 2026, with US spot Bitcoin and Ether funds handing back more than $1 billion in combined net redemptions so far this month. It is a sharp reversal from the early-October mood, when Bitcoin products were still notching a third straight week of inflows – markets … Read more

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