**Top Crypto Headlines** | **Coincheck Makes Strategic Move, Aplo Acquisition Expands European Presence**
Coincheck Group has acquired Aplo, a French regulated prime broker serving over 60 institutional clients. This acquisition strengthens Coincheck’s European reach and delivers integrated trading and custody solutions for digital assets.
This strategic move signifies broader global ambitions for one of Asia’s leading exchanges, aiming to establish a significant presence in key European markets.
**StarkNet Network Outage Raises Reliability Concerns**
The Ethereum Layer-2 solution StarkNet experienced a 4-hour network outage shortly after launching the Grinta upgrade. This downtime raises reliability concerns and may impact future developments for this promising scaling solution.
**Ethereum Bear Trap? Analysts Predict Upswing**
Analysts have identified an Ethereum correction as a potential bear trap, predicting a sharp rally in October or November. This prediction suggests volatility-driven rallies could attract traders seeking opportunities from institutional sentiment shifts.
**Phishing Alert: Trump Token Holders Targeted**
Hackers are targeting holders of the controversial Trump meme-token (WLFI), exploiting heightened trading activity following its recent launch. This incident underscores the increased risk of security vulnerabilities for crypto assets, especially those connected to political figures and high-interest campaigns.
**Key Takeaways:**
This week’s news focuses on strategic moves in the crypto world, including Coincheck’s expansion plans and the challenges faced by StarkNet after a recent upgrade. Analysts also highlight potential market fluctuations as an Ethereum correction may lead to volatility.
**Source**: Coindesk, StockTitan, Cryptorank, Forklog, CoinDesk