XRP Bull Run Reloaded: Analyst Says Momentum Mirrors 2017’s Explosive Rally

An attacker violently robbed a Tel Aviv resident of nearly $600,000 worth of cryptocurrencies in his home. 

The victim was bound and tortured until he surrendered the passwords to his digital wallets. The perpetrator has since been arrested and charged with the crime. 

Violent Crypto Robbery Shocks Israel

Israel experienced one of its most violent crypto-related crimes last month after three suspects followed a man home, bound him, and tortured him until he surrendered his Bitcoin, stablecoins, and crypto wallets. 

Murad Mahajna, a Tel Aviv resident and the main suspect, allegedly planned to rob a Herzliya resident after learning the victim owned Bitcoin. According to reports, on September 7, Mahajna and two other suspects waited at the entrance of the victim’s apartment. 

When the victim arrived, the three forced him inside. The charges state that once inside, they tied his hands behind his back with a cable and beat him. When the victim refused to open his digital wallets, one of the attackers allegedly stabbed him twice. 

At that moment, the victim surrendered his belongings. According to reports, the robbers stole a significant amount of cryptocurrency, totaling $547,260 in Bitcoin and about $42,248 in USDT.

They also took a Rolex watch valued at approximately $50,000, a Trezor crypto wallet, a laptop, about €5,000 in Euros, and several thousand shekels in cash.

Mahajna was arrested three days later.

Wrench Attacks Rise with Bitcoin Prices

With several incidents recorded, 2025 has become the worst year for cryptocurrency theft. 

A recent Chainalysis report revealed that by mid-2025, the amount of cryptocurrency stolen year-to-date was 17% higher than the total stolen during 2022, which was previously the worst year on record. Analysts project that if current rates persist, total stolen funds could top $4 billion by the end of the year.

The report noted a concerning trend: personal wallet compromises are now a growing source of theft. This indicates that attackers are increasingly focusing on individual users.

Data also suggests that “wrench attacks”—where physical violence or threats force crypto holders to surrender funds—correlate with Bitcoin’s price movements. The trend implies that attackers target individuals during periods of high asset value.

Although violent assaults of this nature are relatively uncommon, the fact that they involve physical harm, including severe injury, abduction, and death, significantly increases the human cost and severity of these incidents.

Bybit, a cryptocurrency exchange, has secured the Virtual Asset Platform Operator License from the Securities and Commodities Authority of the United Arab Emirates. The license allows Bybit to operate regulated virtual asset trading, brokerage, custody, and fiat conversion services in the country.

According to Bybit, it is the first crypto exchange to receive this full license from the SCA. The license follows the exchange’s In-Principle Approval received in February 2025, which was granted with support from the Blockchain Centre, Abu Dhabi.

Bybit Plans Abu Dhabi, Dubai Expansion

Ben Zhou, Co-Founder and CEO of Bybit

The SCA license follows Bybit’s regulatory developments in 2025, including obtaining a MiCAR license in May and resuming full trading operations in India in September.

Digital assets meet tradfi in London at the fmls25

Bybit plans to expand its UAE presence by opening a larger regional operations center in Abu Dhabi. The exchange aims to employ more than 500 staff across Abu Dhabi and Dubai. It also plans to hire for compliance, operations, and customer service roles and introduce education and Web3 programs with local partners.

“The UAE has emerged as a global leader in digital asset regulation, and this recognition underscores the strength of our security and governance standards,” Ben Zhou, Co-founder and CEO of Bybit, commented.

Bybit Expands TradFi Platform with 24/5 Stock CFDs

Bybit has introduced 24/5 stock CFD trading on its TradFi platform, allowing users to access selected equities continuously on weekdays. The expansion removes previous limitations tied to U.S. market hours and aligns trading hours more closely with crypto markets.

Since May 2025, the platform has reportedly added over 100 stock CFDs, including major technology and crypto-related companies. Existing positions and fees remain unchanged, and the firm is temporarily waiving transaction fees on selected stocks and indices. Bybit describes the update as enabling access to traditional financial products alongside its crypto offerings.

DeFi Development Corp’s partnership with Superteam Japan will create the first Solana treasury project in Japan. Launching a treasury often brings new money and trust to a coin, and entering a big new market like Japan can help user growth. If Japanese investors support DFDVSOL, the price may move up as more users join. However, major price impact depends on local adoption and how much liquidity is brought in. Weak interest from the local market may not move prices much. source

The Token Generation Event (TGE) for WhiteBridge Network’s WBAI is set for October 15. TGEs are often big events for a project because they let users trade the new coin for the first time. This can create high interest and sometimes strong price swings, especially if there is big demand and not much supply at launch. If the project is popular with traders and investors, the price could surge. But if investors are not as interested, or too many coins are released too quickly, prices can drop fast. source

On October 15, Jito and Pipe Network will launch a liquid staking system for $PIPE using the Jito protocol. Users can now stake $PIPE to get LovePIPE, which is a tradable token showing your share in a staking pool. This lets users earn rewards and access new ways to use their staked tokens. Liquid staking often brings more activity and investment to a network, which can help $PIPE’s price. If many users join, there could be strong buying pressure for $PIPE. However, low participation might limit the effect. source

Precious metals are soaring in response to the US dollar debasement, with gold hitting $4,000 per ounce and silver reaching a 45-year high of over $50 per ounce. Still, the precious metal rally may be running out of steam, paving the way for investor rotation into alternative store-of-value assets like Bitcoin and tokenized real-world assets.

Gold’s more than 50% rally so far this year — coupled with Goldman Sachs’ forecast of $4,900 per ounce by the end of 2026 — suggests the metal is “overheated,” according to Nic Puckrin, founder of the Coin Bureau education company. He said: