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Rothschild Upgrades Coinbase To “Buy,” Flags Risks For Circle And Robinhood
GameFi Guides

Rothschild Upgrades Coinbase to “Buy,” Flags Risks for Circle and Robinhood

by admin October 3, 2025



Rothschild & Co Redburn shifted its outlook on Coinbase (NASDAQ: COIN) to “Buy” on October 3, 2025, raising the price target to $417. The bank’s analysts pointed to stronger revenue diversification and the projected expansion of USDC’s market capitalization as the main factors supporting the upgrade.

According to the reports, lower U.S. interest rates could weigh on short-term revenue, but this is expected to be offset by the expansion of USDC. 

Why Coinbase?

Coinbase’s role in the stablecoin’s ecosystem, combined with its broader shift toward subscription and service revenue, was described as a key driver for the stock’s long-term outlook.

Rothschild also provided updated data points for investors. The bank adjusted its Coinbase price target from $372 to $417, estimating an upside of 12.1%.

At the time of writing, Coinbase stock (COIN) was trading at $378. The firm also initiated coverage of Circle Internet Group (CRCL) with a “Neutral” rating and a $136 target price, compared with its current trading level of $155.79, according to TradingView.

Risks flagged for Circle and Robinhood

Alongside its positive assessment of Coinbase, Rothschild highlighted concerns about Circle, pointing to its revenue-sharing model as a possible vulnerability. The bank also reiterated a “Sell” rating on Robinhood (NASDAQ: HOOD), arguing the stock is “priced for perfection” and may not reflect potential downside risks.

Broader market context

The diverging ratings reflect how traditional financial analysts are assessing varying strategies in the crypto sector. Coinbase is viewed as having revenue support from USDC growth, while Circle and Robinhood face questions tied to their business models. 

The mixed outlook highlights that investor sentiment toward publicly traded crypto firms remains shaped by both opportunities around stablecoins and ongoing risks from regulation and market conditions.

Also read: Coinbase Hits $1B Milestone in Bitcoin-Backed Onchain Loans



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October 3, 2025 0 comments
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The Best and Worst of Six Flags Fright Fest 2025
Product Reviews

The Best and Worst of Six Flags Fright Fest 2025

by admin October 3, 2025



Warner Bros. and Legendary horrors have taken over Six Flags Fright Fest to add more thrills to the national coaster theme park chain. Combining scares with metal behemoths of adrenaline-pumping rollercoasters is the main draw, but over the years, as competitors began to rely on major IP to up the ante, Six Flags has made some effort to catch up. Every year tends to improve upon the last; it’s still outpaced by the bigger names in the theme park industry, but with its 2024 initiated merger with Cedar Fair (which runs Knott’s Scary Farm), we were hopeful that things might be changing for the better.

io9 was invited to attend media night for the opening of the annual Fright Fest at Six Flags Magic Mountain in Southern California, which this year featured haunted houses from a host of cinema greats, including the Conjuring universe, Trick ‘r Treat, and Saw. While the latter two are repeat mazes from 2024, this year the Conjuring house was updated to reflect the latest film, The Conjuring: Last Rites. Here’s what we thought about the Halloween offerings at this year’s fright fest.

The Good

© io9/Gizmodo

The Conjuring Universe: This house plays as a Warren family investigations greatest hits. It’s good, though; as you enter, you’re met face-to-face with Annabelle behind the glass (at first) before venturing through some of the scariest moments from the Warren files. It’s Fright Fest’s best house that perfectly evokes the scares of the Warrens’ most horrifying cases. You get to walk through their collection of haunted relics as they’re summoned around you. Yes, there’s a nun behind the portrait, but even though you know it, you’re simply not prepared to have that experience.

Like in the film, Valak comes out of the walls right at you, and your soul flies out of the room faster than you can get your body to follow. It does feel a little all over the place, as the fearsome highlights include the Perron possession case among the chaos of the iconic demon entities, an old-school filmstrip of the Crooked Man being expanded on walls warning of his presence, and Annabelle being freed in so many forms. Then, of course, there are devilish forces waiting to get their claws on you, which end up manifesting as a dark hidden form within the shadows that reaches out to you with long black claws as you make your escape.

Trick ‘r Treat: Based on the Halloween anthology film, this house feels so festive and fun as you venture into its horrors. Fright Fest did a really good job at establishing the vibe of an inviting spooky season neighborhood house you want to enter that only gets more and more nightmarish as you make your way further in. You encounter teases of the iconic Sam, the mischievous pumpkin-headed demon child that connects each of the stories in Trick ‘r Treat, while you relive the creepiest moments from the movie, which is a genre spookshow. There’s the teenage werewolf party in the forest where a girl dressed as Red Riding Hood hides a dark secret. Another great recreation includes the school bus haunting of kids who died on Halloween years ago that included the crashed vehicle, as well as the creepy masked kids who spring up on you from beyond. The fog in that room is perfectly deployed to make you discombobulated enough to not see them coming. But it’s the end, where Sam chases you through a mirror maze (I looped it twice) before meeting him in his throne room, that really shines as one of the park’s most fun Halloween experiences.

The So-So

© io9/Gizmodo

Scare Zones: There were several new interesting concepts this year! The twisted Wonderland area was a pastel fever dream with mad hatters and demented-looking rabbits chasing you. And just in time for the Oz renaissance, there was a steampunk take on the lore with an evil witch, tin man, lion, and flying monkeys lurking about. However, while the makeup designs were a highlight of inspired monster creations, the settings were really sparse, and there weren’t very fully formed environments to feel immersed in. At least there was a yellow brick road projection, but both Oz and Wonderland needed a showstopping backdrop. If there was one, it was too dark.

Saw: The Saw house plays up the torture device set pieces in creative and showstopping ways thanks to the actors in the houses, but it’s the scares that are lacking. The monsters that come at you are mostly the pig-masked hooded figures, which got really repetitive. And there was a big lack of Billy the Puppet. He only really appears once on his trike, if it’s working, which undercuts why he’s so scary when he’s supposed to be the figurehead that asks, “Do you wanna play a game?” When we went through, he was stuck on his automated track, and we nearly missed him. There was more Billy on the merch!

The Merch: Fright Fest shines with its original art merchandise based on the park’s original houses and roaming characters, such as the clown sliders, Medusa-inspired psychics, or retro zombie ladies. Those designs really capture the energy that makes Fright Fest unique and are usually an instant buy. This year it released some spooky Looney Tunes gear that was great despite there not being anything Looney in Bugs Bunny World besides a creepy carnival area. I was excited to buy a truly unhinged shirt that features Sylvester as the Bride of Frankenstein and Tweety as Frankenstein’s monster, which in a really weird way I sort of get. The merch for the movie properties, however, was a mixed bag; it would have been cool to get the Six Flags artists to do a take on the characters in The Conjuring, but those shirts mostly felt like licensed marketing images slapped on things.

Carnage: New for this year is a house that takes you into the fortress of an anarchic clown’s hub of madness and recruitment in a “city under siege.” While the house was fun and filled with chaotic jump scares, I couldn’t help but think this was maybe meant to be a Joker house. It doesn’t help that it was literally in the DC Universe area of the theme park! While going through, some set pieces reminded me of Joker moments from Suicide Squad and even Joker in aesthetic. At one point the clown leader jumps on a car and talks to you. So I was very distracted by how cool a Gotham run by Joker and his goons could have been to experience as a maze. The rights that Fright Fest has on how it can use DC characters remain so confusing, so maybe it would’ve been better to try and avoid the parallels here.

The Bad

© Six Flags

Themed foods/drinks: There was a variety of items based on just Halloween, but none inspired by the major IP houses, which I was looking forward to. But I’ll preface that with I was setting myself up for that disappointment here: I saw the official Six Flags Instagram promote drinks based off The Conjuring universe and thought they’d be at Magic Mountain. I mean, it’s the park closest to Hollywood and other major haunt competitors, so it would have made sense, right? So I was very surprised when I realized that the drink in question, Valak’s Vice, was nowhere to be found to represent the best house at the event. 

Old houses: The last time I went to Fright Fest was before I had my now one-year-old child. So I was a little bummed to discover that a good number of houses I’ve already experienced were still there. And if there were recent additions, they felt so generically similar to older houses that I couldn’t tell you what’s new. This is something I hope changes, as I hope there’s more collaboration within the merger, allowing for a bit of the Knott’s Scary Farm magic to get sprinkled onto Fright Fest. Knott’s historically is the first park to really turn haunted houses into immersive storytelling you can experience through its legendary Scary Farm offerings and stands apart from the parks that rely on only movie and TV properties. Six Flags has the opportunity to be the best of both worlds with its WB and DC horror connections and its original houses within the sheer amount of good space they were given to build on. Here’s hoping the potential of the Knott’s merger sees an upgrade in years to come.

Want more io9 news? Check out when to expect the latest Marvel, Star Wars, and Star Trek releases, what’s next for the DC Universe on film and TV, and everything you need to know about the future of Doctor Who.



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October 3, 2025 0 comments
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BNB Chain’s X Account Hacked as SlowMist Exec Flags Inferno Links
Crypto Trends

BNB Chain’s X Account Hacked as SlowMist Exec Flags Inferno Links

by admin October 1, 2025



The official X account of the BNB Chain blockchain network, with nearly four million followers, was compromised on Wednesday. Hackers used the account to spread phishing links targeting cryptocurrency wallets. 

Binance founder Changpeng “CZ” Zhao confirmed the incident, warning his followers not to interact with the malicious posts containing phishing links. “The hacker posted a bunch of links to phishing websites that ask for Wallet Connect. Do NOT connect your wallet,” CZ wrote.

He added that BNB Chain’s security teams have notified X and are working to suspend the account and restore access. Zhao said takedown requests for the phishing sites have already been submitted.

A BNB Chain team member told Cointelegraph that their team is currently investigating and will share more information shortly. 

Source: Changpeng Zhao

Phishing links disguised as Wallet Connect prompts

SlowMist’s chief information security officer, who goes by the handle 23pds on X, said attackers used a classic trick, swapping letters in the phishing domain to make it appear legitimate. 

“BNB Chain’s English official X account has been hacked! The phishing website changed the letter i into l,” 23pds posted, warning users not to be deceived. The security professional also suggested that the malicious domain belongs to the infamous Inferno phishing group. 

The Inferno Drainer is a crypto wallet-draining software and phishing-as-a-service platform that emerged around 2022 and gained notoriety in 2023. It operates by allowing its affiliates to deploy ready-made phishing sites that mimic legitimate crypto project interfaces. 

The incident highlights challenges in protecting official crypto project accounts from takeovers. The SlowMist CISO suggested that the breach raises questions about the team’s security practices. 

“The BNB Chain team’s security awareness shouldn’t be this poor,” 23pds said. 

Source: 23pds

Related: Hide your crypto: Infamous ‘try my game’ Discord scam on the rise

CZ warns users to check domains carefully

In his X post, Zhao advised community members to always check domains even when the links are coming from official or verified social handles. “Always check the domains very carefully, even from official X handles. Stay SAFU!” he wrote.

One of the phishing links shared by malicious attackers. Source: X

At the time of writing, the phishing posts were no longer visible, yet it remains uncertain whether any users connected their wallets or lost funds.

Magazine: Avalanche in deal with ETF giant, yuan stablecoin ‘fake news’: Asia Express



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October 1, 2025 0 comments
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Israel
NFT Gaming

Israel’s Counterterror Unit Flags Large Stablecoin Flows Linked To Iran

by admin September 17, 2025


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Israeli authorities have identified a cluster of crypto addresses they say moved about $1.5 billion in Tether (USDT) that is connected to Iran’s Islamic Revolutionary Guard Corps.

According to reports, the National Bureau for Counter Terror Financing (NBCTF) of Israel flagged 187 wallet addresses and asked platforms and service providers to take action.

Immediate freezes were limited, and most of the funds appear to have been moved before they could be held.

Israel Names Wallets And Asks For Action

The NBCTF supplied a list of 187 addresses it believes are tied to the IRGC. Tether responded by blacklisting 39 of the flagged wallets, which blocked those addresses from further on-chain transactions.

Reports indicate that only about $1.5 million is presently frozen or held, while the larger sum — roughly $1.5 billion in incoming transfers over time — has largely been shifted through other addresses and services.

Image: MEXC

Questions Remain Over Ownership And Flows

Reports have disclosed that blockchain analytics firms have urged caution about attributing direct ownership of every flagged address to the IRGC.

Companies like Elliptic have said that some wallets could belong to exchanges or third-party services used by many different users, which complicates claims of direct control.

Tracing crypto flows is possible but messy, and the distinction between transaction volume through a wallet and direct ownership matters in legal terms.

How The Funds Were Handled On-Chain

Israeli authorities say they tracked large USDT flows into the flagged network over months. While a small portion was located and frozen, most of the tokens were reported to have been moved before enforcement steps could be completed.

As of today, the market cap of cryptocurrencies stood at $3.96 trillion. Chart: TradingView

Tether’s decision to blacklist some wallets shows one way stablecoin issuers can act, but the moves do not recover funds that have already left the flagged addresses. The situation highlights how quickly assets can be shifted among many addresses.

Why It Matters For Sanctions And Crypto Compliance

According to market and regulatory coverage, the case illustrates the ongoing challenge of stopping sanctioned actors from using crypto to move value.

Stablecoins like USDT are widely used for cross-border transfers, and their scale makes them attractive for many users.

Lawmakers and regulators will likely watch how exchanges, wallets, and issuers respond, since cooperation by private firms can make enforcement more effective.

Featured image from Meta, chart from TradingView

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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September 17, 2025 0 comments
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Figure Technologies CEO Mike Cagney (CoinDesk archives)
NFT Gaming

DOGE/BTC Triangle Breakout Flags Potential Rally if $0.22 Resistance Clears

by admin September 3, 2025



News Background

  • DOGE swung 4% intraday between $0.207 and $0.215 in the 24h session from Sept. 2 at 02:00 to Sept. 3 at 01:00.
  • Trading volume surged to 949M, about 21% above weekly averages, signaling strong market participation.
  • ETF speculation remains a catalyst: Polymarket odds of DOGE ETF approval rose to 71% from 51% ahead of October deadlines.
  • Broader macro backdrop supports risk flows: traders now price in four Fed rate cuts by year-end, starting September.

Price Action

  • DOGE opened near $0.211 and closed at $0.213, up about 1% despite sharp intraday swings.
  • Midday selloff (12:00 GMT) pushed price to $0.207, with 811M tokens traded on the decline.
  • A recovery phase into 21:00 GMT lifted DOGE to $0.215, backed by 949M tokens across the rally.
  • Final-hour action (01:50–02:00) saw a 2% spike from $0.21 to $0.22 on 21M tokens, showing late-session buying interest.

Technical Analysis

  • Support: $0.207–$0.210 held multiple times with high-volume demand.
  • Resistance: $0.215–$0.220 capped upside moves across repeated tests.
  • Momentum: Short-term momentum gauges tilted positive after the recovery; RSI near neutral range but rising.
  • Patterns: Descending triangle on DOGE/BTC pairs broke upward, flagged by CryptoKaleo, pointing to potential continuation if $0.22 clears.
  • Volume: 21% surge above weekly averages confirms strong participation, likely institutional plus retail dip-buying.

What Traders Are Watching

  • A clean breakout above $0.22 to open $0.25–$0.30 upside range.
  • Whether $0.21 base continues to hold under pressure; a breakdown reopens $0.20 test.
  • ETF speculation flows and Fed policy shifts as near-term catalysts.
  • Whale behavior — if accumulation sustains during consolidation, bias leans bullish.



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September 3, 2025 0 comments
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Custodia Ceo Flags Tradfi Vulnerability In Crypto Bear Market
Crypto Trends

Custodia CEO Flags TradFi Vulnerability in Crypto Bear Market

by admin August 24, 2025



Custodia Bank CEO Caitlin Long delivered a warning at the Wyoming Blockchain Symposium about the challenges traditional financial institutions could face in the next crypto bear market. According to Long, banks and other legacy firms, used to built-in safety measures, may not be fully prepared to handle the unique risks of cryptocurrency markets.

Real-Time Settlements Could Expose Legacy Banks

Long pointed out that traditional financial institutions are comfortable taking on large amounts of leverage because they rely on fault tolerances like discount windows and other backup systems. These mechanisms give them time to manage risk without immediate consequences. 

In the world of crypto, however, every transaction settles instantly, leaving no margin for error or delay. Long warned that this fundamental mismatch could create serious liquidity challenges if markets turn bearish. 

“Those kinds of fault tolerances are built into the system because of legacy reasons, where systems were not updating in real-time. In crypto, everything has to be real-time, and it’s just a different animal,” she said.

Institutional investors, including corporate crypto treasury firms, have been the driving force in the current market cycle. While some see this as a sign of growing adoption, others worry that inexperienced or overleveraged players could worsen losses during a downturn. Liquidating large amounts of assets under pressure could trigger a ripple effect across the broader financial system, amplifying losses.

Industry experts share these concerns. Chris Perkins, president of CoinFund, said the difference between real-time crypto settlements and the slower pace of traditional finance could create liquidity crises, which are often at the heart of financial instability.

Adding weight to these warnings, a June report by venture capital firm Breed concluded that many new Bitcoin treasury companies may not survive the next market contraction. Rising debt levels and falling crypto prices could pressure firms into selling their assets rapidly, which would put even more downward pressure on the market.

Long’s warning emphasizes that traditional financial institutions must adapt to how cryptocurrency markets operate. 

Also Read: Bitcoin’s 10–15% Drawdowns Signal Market Maturity: Anthony Pompliano



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August 24, 2025 0 comments
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