[Strive buys 124 BTC for $10M, holdings reach 43,124 BTC]
Strive said it bought an additional 124 BTC for $10 million and now holds a total of 43,124 BTC.
https://coinness.com/en/news/1174001
Strive said it bought an additional 124 BTC for $10 million and now holds a total of 43,124 BTC.
https://coinness.com/en/news/1174001
CoinNess
Strive buys 124 BTC for $10M, holdings reach 43,124 BTC - CoinNess
Strive said it bought an additional 124 BTC for $10 million and now holds a total of 43,124 BTC.
[Strategy buys 810 BTC for $65.5M]
Strategy announced the purchase of an additional 810 BTC for $65.5 million at an average price of $80,846 per Bitcoin. The company now holds 849,327 BTC.
Strategy also said it sold 1.18 million common shares last week to raise $164 million, of which it plans to retain $98.5 million in cash. During the same period, it repurchased $208.2 million of its preferred stock, STRC.
https://coinness.com/en/news/1174002
Strategy announced the purchase of an additional 810 BTC for $65.5 million at an average price of $80,846 per Bitcoin. The company now holds 849,327 BTC.
Strategy also said it sold 1.18 million common shares last week to raise $164 million, of which it plans to retain $98.5 million in cash. During the same period, it repurchased $208.2 million of its preferred stock, STRC.
https://coinness.com/en/news/1174002
CoinNess
Strategy buys 810 more BTC - CoinNess
Strategy announced the purchase of an additional 810 BTC. The company now holds 849,327 BTC.
[FATF to review AML rule implementation in major crypto jurisdictions]
The Financial Action Task Force has agreed to closely review the implementation of anti-money laundering rules in major countries and jurisdictions accounting for about 97% of the global virtual asset market, Crypto Briefing reported. The decision was reached at a plenary meeting held in Paris on Oct. 28-30.
The review will focus on countries with active virtual asset service providers, or VASPs, including crypto exchanges and custodians, with the aim of promoting implementation of FATF Recommendation 15 on crypto-related oversight. The specific jurisdictions were not disclosed. Initial findings are due in June 2027, followed by additional results in October 2027. FATF also plans to provide technical support to help strengthen regulatory frameworks and anti-money laundering response capacity in the targeted jurisdictions.
https://coinness.com/en/news/1174003
The Financial Action Task Force has agreed to closely review the implementation of anti-money laundering rules in major countries and jurisdictions accounting for about 97% of the global virtual asset market, Crypto Briefing reported. The decision was reached at a plenary meeting held in Paris on Oct. 28-30.
The review will focus on countries with active virtual asset service providers, or VASPs, including crypto exchanges and custodians, with the aim of promoting implementation of FATF Recommendation 15 on crypto-related oversight. The specific jurisdictions were not disclosed. Initial findings are due in June 2027, followed by additional results in October 2027. FATF also plans to provide technical support to help strengthen regulatory frameworks and anti-money laundering response capacity in the targeted jurisdictions.
https://coinness.com/en/news/1174003
CoinNess
FATF to review AML rule implementation in major crypto jurisdictions - CoinNess
The Financial Action Task Force has agreed to closely review the implementation of anti-money laundering rules in major countries and jurisdictions accounting f...
[Morgan Stanley cuts Coinbase to underweight, slashes price target to $120]
Morgan Stanley downgraded Coinbase (COIN) to underweight from equal weight and cut its price target to $120 from $258, a roughly 53% reduction, CNBC reported. Morgan Stanley analyst Michael Cyprys cited slower cryptocurrency trading, weak revenue prospects and market uncertainty following the Binance hack as the main reasons. Cyprys expects Coinbase’s October trading activity weakened, with fourth-quarter transaction revenue likely to come in about 11% below market expectations. Coinbase shares have fallen about 22% over the past month and closed at $143.54 on Nov. 1, according to the report.
https://coinness.com/en/news/1174004
Morgan Stanley downgraded Coinbase (COIN) to underweight from equal weight and cut its price target to $120 from $258, a roughly 53% reduction, CNBC reported. Morgan Stanley analyst Michael Cyprys cited slower cryptocurrency trading, weak revenue prospects and market uncertainty following the Binance hack as the main reasons. Cyprys expects Coinbase’s October trading activity weakened, with fourth-quarter transaction revenue likely to come in about 11% below market expectations. Coinbase shares have fallen about 22% over the past month and closed at $143.54 on Nov. 1, according to the report.
https://coinness.com/en/news/1174004
[Bitmine buys 8,573 ETH last week]
Bitmine (BMNR) announced the purchase of 8,573 ETH last week. The company now holds 6,060,506 ETH, equal to 4.9% of Ethereum’s total supply, including 5,227,037 ETH that is staked. Bitmine said it holds about $14.5 billion in assets across cryptocurrencies, cash and stocks. Chairman Tom Lee said $6.3 billion was stolen in the Binance hack, but ETH fell only 4%, showing the crypto market’s resilience.
https://coinness.com/en/news/1174005
Bitmine (BMNR) announced the purchase of 8,573 ETH last week. The company now holds 6,060,506 ETH, equal to 4.9% of Ethereum’s total supply, including 5,227,037 ETH that is staked. Bitmine said it holds about $14.5 billion in assets across cryptocurrencies, cash and stocks. Chairman Tom Lee said $6.3 billion was stolen in the Binance hack, but ETH fell only 4%, showing the crypto market’s resilience.
https://coinness.com/en/news/1174005
CoinNess
Bitmine buys 8,573 ETH last week - CoinNess
Bitmine (BMNR) announced the purchase of 8,573 ETH last week. The company now holds 6,060,506 ETH, equal to 4.9% of Ethereum’s total supply, including 5,227,0...
[Iran’s supreme leader grants government authority to negotiate]
Iran’s state-run IRNA news agency reported Iran’s supreme leader granted the government authority to negotiate.
https://coinness.com/en/news/1174006
Iran’s state-run IRNA news agency reported Iran’s supreme leader granted the government authority to negotiate.
https://coinness.com/en/news/1174006
CoinNess
Iran’s supreme leader grants government authority to negotiate - CoinNess
Iran’s state-run IRNA news agency reported Iran’s supreme leader granted the government authority to negotiate.
[Binance hackers made repeated errors handling stolen funds, losing millions]
North Korean hackers made a string of mistakes while handling funds stolen in the Binance hack, according to ai_9684xtpa. The hackers transferred multiple tokens worth $3.5 million to a NEWT contract address and sold $5 million worth of PROM without checking the liquidity pool size, recovering just $71. ai_9684xtpa also raised the possibility that the use of MetaMask to pay gas fees left records of off-chain activity, including IP addresses. Separately, $250,000 was transferred to Gate, which is said to have frozen two related accounts and plans to cooperate with follow-up investigations. The analysis said the involvement of multiple personnel in handling various types of tokens could make it easier to leave tracking clues, potentially aiding Binance’s fund-tracing efforts.
https://coinness.com/en/news/1174007
North Korean hackers made a string of mistakes while handling funds stolen in the Binance hack, according to ai_9684xtpa. The hackers transferred multiple tokens worth $3.5 million to a NEWT contract address and sold $5 million worth of PROM without checking the liquidity pool size, recovering just $71. ai_9684xtpa also raised the possibility that the use of MetaMask to pay gas fees left records of off-chain activity, including IP addresses. Separately, $250,000 was transferred to Gate, which is said to have frozen two related accounts and plans to cooperate with follow-up investigations. The analysis said the involvement of multiple personnel in handling various types of tokens could make it easier to leave tracking clues, potentially aiding Binance’s fund-tracing efforts.
https://coinness.com/en/news/1174007
CoinNess
Binance hackers made repeated errors handling stolen funds, losing millions - CoinNess
North Korean hackers made a string of mistakes while handling funds stolen in the Binance hack, according to ai_9684xtpa. The hackers transferred multiple token...
[Horizen plans migration to Base]
Privacy-focused blockchain Horizen (ZEN) said it plans to migrate to Base.
Asset transfers must be completed by 1:00 p.m. UTC on Nov. 4. The proposed roadmap includes privacy pools, private DeFi within Vela, and the reintroduction of ZEN nodes, with further details to be disclosed soon.
https://coinness.com/en/news/1174008
Privacy-focused blockchain Horizen (ZEN) said it plans to migrate to Base.
Asset transfers must be completed by 1:00 p.m. UTC on Nov. 4. The proposed roadmap includes privacy pools, private DeFi within Vela, and the reintroduction of ZEN nodes, with further details to be disclosed soon.
https://coinness.com/en/news/1174008
CoinNess
Horizen to shift home chain to Base, sets Nov. 4 deadline for asset transfers - CoinNess
Privacy-focused blockchain Horizen (ZEN) said Base is set to become Horizen’s home chain and advised users to complete asset transfers by 1:00 p.m. UTC on Nov...
[Chainlink launches Chainlink 24/7]
Blockchain oracle project Chainlink (LINK) announced the official launch of Chainlink 24/7.
https://coinness.com/en/news/1174009
Blockchain oracle project Chainlink (LINK) announced the official launch of Chainlink 24/7.
https://coinness.com/en/news/1174009
CoinNess
Chainlink launches Chainlink 24/7 - CoinNess
Blockchain oracle project Chainlink (LINK) announced the official launch of Chainlink 24/7.
[Glassnode sees continued loss-taking after BTC falls below $80K, with focus on $75K support]
Glassnode said selling to lock in losses has continued since Bitcoin fell below $80,000. In a post on X, Glassnode said BTC posted its longest streak of daily net realized losses since mid-August last week. It added that concentrated realized-loss periods in August and September also coincided with short-term bottoms, and said BTC holding above $75,000 could fit a similar bottoming pattern. Glassnode added, however, that the pattern does not necessarily imply a price rebound.
https://coinness.com/en/news/1174010
Glassnode said selling to lock in losses has continued since Bitcoin fell below $80,000. In a post on X, Glassnode said BTC posted its longest streak of daily net realized losses since mid-August last week. It added that concentrated realized-loss periods in August and September also coincided with short-term bottoms, and said BTC holding above $75,000 could fit a similar bottoming pattern. Glassnode added, however, that the pattern does not necessarily imply a price rebound.
https://coinness.com/en/news/1174010
[Brazil’s Mercado Bitcoin suspends deposits, withdrawals after security incident]
Brazil’s largest cryptocurrency exchange, Mercado Bitcoin, has temporarily suspended deposits and withdrawals after confirming a security incident, Solid Intel reported. The exchange said the incident did not result in any customer fund losses or data leaks.
Earlier, blockchain security firm Hypernative was said to have detected more than $40 million in suspicious fund movements across multiple blockchain networks. It has not yet been confirmed whether those transactions involved stolen funds or were directly linked to the security incident.
https://coinness.com/en/news/1174011
Brazil’s largest cryptocurrency exchange, Mercado Bitcoin, has temporarily suspended deposits and withdrawals after confirming a security incident, Solid Intel reported. The exchange said the incident did not result in any customer fund losses or data leaks.
Earlier, blockchain security firm Hypernative was said to have detected more than $40 million in suspicious fund movements across multiple blockchain networks. It has not yet been confirmed whether those transactions involved stolen funds or were directly linked to the security incident.
https://coinness.com/en/news/1174011
CoinNess
Brazil’s Mercado Bitcoin suspends deposits, withdrawals after security incident - CoinNess
Brazil’s largest cryptocurrency exchange, Mercado Bitcoin, has temporarily suspended deposits and withdrawals after confirming a security incident, Solid Inte...
[Lazarus' cumulative crypto thefts reach $11.87B, equal to 45% of North Korea's GDP]
North Korean hacking group Lazarus has stolen about $11.87 billion worth of cryptocurrency in total, according to an analysis by on-chain analyst Darkfost. Including the recent $6.3 billion Binance hack, that figure amounts to roughly 45% of North Korea's gross domestic product, Darkfost said.
https://coinness.com/en/news/1174012
North Korean hacking group Lazarus has stolen about $11.87 billion worth of cryptocurrency in total, according to an analysis by on-chain analyst Darkfost. Including the recent $6.3 billion Binance hack, that figure amounts to roughly 45% of North Korea's gross domestic product, Darkfost said.
https://coinness.com/en/news/1174012
CoinNess
Lazarus' cumulative crypto thefts reach $11.87B, equal to 45% of North Korea's GDP - CoinNess
North Korean hacking group Lazarus has stolen about $11.87 billion worth of cryptocurrency in total, according to an analysis by on-chain analyst Darkfost. Incl...
[tZERO seeks U.S. listing via SPAC merger at $350M valuation]
Blockchain-based securities trading infrastructure firm tZERO is seeking a U.S. stock market listing through a SPAC merger at a $350 million valuation, CoinDesk reported.
tZERO plans to merge with special purpose acquisition company FG Imperii Acquisition Corp. (FGII) and list on NYSE American under the ticker TZRO. The deal could raise as much as $231 million, although the actual amount will depend on factors including the scale of redemptions by SPAC shareholders. The merger is expected to be completed in early 2027, subject to shareholder and regulatory approval.
https://coinness.com/en/news/1174013
Blockchain-based securities trading infrastructure firm tZERO is seeking a U.S. stock market listing through a SPAC merger at a $350 million valuation, CoinDesk reported.
tZERO plans to merge with special purpose acquisition company FG Imperii Acquisition Corp. (FGII) and list on NYSE American under the ticker TZRO. The deal could raise as much as $231 million, although the actual amount will depend on factors including the scale of redemptions by SPAC shareholders. The merger is expected to be completed in early 2027, subject to shareholder and regulatory approval.
https://coinness.com/en/news/1174013
CoinNess
tZERO seeks U.S. listing via SPAC merger at $350M valuation - CoinNess
Blockchain-based securities trading infrastructure firm tZERO is seeking a U.S. stock market listing through a SPAC merger at a $350 million valuation, CoinDesk...
[Binance 24-hour net outflows hit $3.5B as liquidity improves]
Binance recorded about $3.5 billion in net outflows over the past 24 hours, according to DeFi analytics platform DefiLlama. That was down 50% from the daily peak of about $7 billion, while the platform’s inflow-to-outflow ratio rebounded to around 78% from about 20% in the early stage of the hack. Binance’s total assets currently stand at about $127.8 billion, indicating liquidity conditions have improved.
https://coinness.com/en/news/1174014
Binance recorded about $3.5 billion in net outflows over the past 24 hours, according to DeFi analytics platform DefiLlama. That was down 50% from the daily peak of about $7 billion, while the platform’s inflow-to-outflow ratio rebounded to around 78% from about 20% in the early stage of the hack. Binance’s total assets currently stand at about $127.8 billion, indicating liquidity conditions have improved.
https://coinness.com/en/news/1174014
CoinNess
Binance 24-hour net outflows hit $3.5B as liquidity improves - CoinNess
Binance recorded about $3.5 billion in net outflows over the past 24 hours, according to DeFi analytics platform DefiLlama. That was down 50% from the daily pea...
[Wall Street tokenization rivalry intensifies amid OKX, ICE plans]
Competition and tensions around the real-world asset tokenization market on Wall Street are intensifying, Eleanor Terrett, host of the podcast 'Crypto in America,' said on X.
Terrett said some companies are pushing back against tokenization business plans by crypto exchange OKX and Intercontinental Exchange, the parent of the New York Stock Exchange, while suspicions have also emerged that Nasdaq has been applying behind-the-scenes pressure. Interest is also growing in the regulatory and policy environment for the tokenization market ahead of the U.S. midterm elections.
https://coinness.com/en/news/1174015
Competition and tensions around the real-world asset tokenization market on Wall Street are intensifying, Eleanor Terrett, host of the podcast 'Crypto in America,' said on X.
Terrett said some companies are pushing back against tokenization business plans by crypto exchange OKX and Intercontinental Exchange, the parent of the New York Stock Exchange, while suspicions have also emerged that Nasdaq has been applying behind-the-scenes pressure. Interest is also growing in the regulatory and policy environment for the tokenization market ahead of the U.S. midterm elections.
https://coinness.com/en/news/1174015
CoinNess
Wall Street tokenization rivalry intensifies amid OKX, ICE plans - CoinNess
Competition and tensions around the real-world asset tokenization market on Wall Street are intensifying, Eleanor Terrett, host of the podcast 'Crypto in Americ...
[240,000,005 USDT transferred from an unknown wallet to Binance]
Whale Alert reported that 240,000,005 USDT has been transferred from an unknown wallet to Binance. The transaction is valued at about $240 million.
https://coinness.com/en/news/1174016
Whale Alert reported that 240,000,005 USDT has been transferred from an unknown wallet to Binance. The transaction is valued at about $240 million.
https://coinness.com/en/news/1174016
CoinNess
240,000,005 USDT transferred from an unknown wallet to Binance - CoinNess
Whale Alert reported that 240,000,005 USDT has been transferred from an unknown wallet to Binance. The transaction is valued at about $240 million.
[Q3 crypto market volume falls to $1.2 trillion, down for third straight quarter]
Total crypto market trading volume fell 27.5% from the previous quarter to $1.2 trillion in the third quarter, extending a decline to a third straight quarter, according to a TokenInsight exchange report.
Spot trading volume dropped 55% and derivatives volume fell 17%. By contrast, average open interest in the derivatives market rose 11% from the previous quarter. Across the nine exchanges included in the report, cumulative trading volume in equity and commodity perpetual contracts reached $210 billion, including $161 billion in equity contracts. Binance accounted for 58.60% of equity contract volume, followed by OKX at 15.79% and Bitget at 7.60%. TradFi products made up 26.25% of total derivatives volume on Binance, 22.06% on Bitget, 17.38% on MEXC and 15.76% on OKX.
https://coinness.com/en/news/1174017
Total crypto market trading volume fell 27.5% from the previous quarter to $1.2 trillion in the third quarter, extending a decline to a third straight quarter, according to a TokenInsight exchange report.
Spot trading volume dropped 55% and derivatives volume fell 17%. By contrast, average open interest in the derivatives market rose 11% from the previous quarter. Across the nine exchanges included in the report, cumulative trading volume in equity and commodity perpetual contracts reached $210 billion, including $161 billion in equity contracts. Binance accounted for 58.60% of equity contract volume, followed by OKX at 15.79% and Bitget at 7.60%. TradFi products made up 26.25% of total derivatives volume on Binance, 22.06% on Bitget, 17.38% on MEXC and 15.76% on OKX.
https://coinness.com/en/news/1174017
CoinNess
Q3 crypto market volume falls to $1.2 trillion, down for third straight quarter - CoinNess
Total crypto market trading volume fell 27.5% from the previous quarter to $1.2 trillion in the third quarter, extending a decline to a third straight quarter, ...
[Cysic says bridge flaw led to unauthorized minting of 10 million CYS]
ZK computing network Cysic disclosed the cause of and follow-up measures from a bridge security incident on Oct. 17, saying a hacker manipulated the bridge database using shared credentials with a poorly secured service and unauthorizedly minted 10 million CYS and two test CYS on BNB Smart Chain. Of that amount, 7.2 million CYS was sold and the remaining 2.8 million CYS was frozen.
Cysic said it strengthened security measures, resumed bridge operations on Oct. 28, and later burned 7,200,002 CYS held by the foundation. It stressed, however, that the burn did not mean the stolen funds had been recovered.
https://coinness.com/en/news/1174018
ZK computing network Cysic disclosed the cause of and follow-up measures from a bridge security incident on Oct. 17, saying a hacker manipulated the bridge database using shared credentials with a poorly secured service and unauthorizedly minted 10 million CYS and two test CYS on BNB Smart Chain. Of that amount, 7.2 million CYS was sold and the remaining 2.8 million CYS was frozen.
Cysic said it strengthened security measures, resumed bridge operations on Oct. 28, and later burned 7,200,002 CYS held by the foundation. It stressed, however, that the burn did not mean the stolen funds had been recovered.
https://coinness.com/en/news/1174018
CoinNess
Cysic says bridge attacker minted 10 million 2 CYS on BNB Smart Chain - CoinNess
Zero-knowledge proof computing network Cysic said in a post-incident analysis of its bridge exploit that the attacker minted 10 million 2 CYS on BNB Smart Chain...
[Ondo Finance enables 24/7 trading for MAG7Xon portfolio token]
Ondo Finance said it has enabled 24/7 trading for MAG7Xon, a portfolio token that offers investment exposure to big tech stocks and crypto ETFs. The portfolio consists of Tesla, Apple, Nvidia, Amazon, Microsoft, Alphabet, and Meta Platforms, along with the iShares Bitcoin and Ethereum ETFs. The token can be minted or redeemed around the clock on Ethereum, BNB Chain, and Solana.
https://coinness.com/en/news/1174019
Ondo Finance said it has enabled 24/7 trading for MAG7Xon, a portfolio token that offers investment exposure to big tech stocks and crypto ETFs. The portfolio consists of Tesla, Apple, Nvidia, Amazon, Microsoft, Alphabet, and Meta Platforms, along with the iShares Bitcoin and Ethereum ETFs. The token can be minted or redeemed around the clock on Ethereum, BNB Chain, and Solana.
https://coinness.com/en/news/1174019
CoinNess
Ondo Finance enables 24/7 trading for MAG7Xon portfolio token - CoinNess
Ondo Finance said it has enabled 24/7 trading for MAG7Xon, a portfolio token that offers investment exposure to big tech stocks and crypto ETFs. The portfolio c...
[Blockstream CEO says pensions, asset managers may drive Bitcoin’s third adoption wave]
Blockstream CEO Adam Back said inflows from large institutions such as pension funds and asset managers could drive a third wave of Bitcoin adoption.
In an interview with Bitcoin Magazine, Back said the first wave of Bitcoin adoption was led by retail investors and the second by spot ETFs, while large-scale inflows through pension funds, managed funds, and model portfolios have yet to begin in earnest. Back added Swiss banks are preparing for that shift, while institutional entry into BTC still faces obstacles including custody infrastructure, the regulatory environment, and balance-sheet holding costs under Basel rules.
https://coinness.com/en/news/1174020
Blockstream CEO Adam Back said inflows from large institutions such as pension funds and asset managers could drive a third wave of Bitcoin adoption.
In an interview with Bitcoin Magazine, Back said the first wave of Bitcoin adoption was led by retail investors and the second by spot ETFs, while large-scale inflows through pension funds, managed funds, and model portfolios have yet to begin in earnest. Back added Swiss banks are preparing for that shift, while institutional entry into BTC still faces obstacles including custody infrastructure, the regulatory environment, and balance-sheet holding costs under Basel rules.
https://coinness.com/en/news/1174020
CoinNess
Blockstream CEO says pensions, asset managers may drive Bitcoin’s third adoption wave - CoinNess
Blockstream CEO Adam Back said inflows from large institutions such as pension funds and asset managers could drive a third wave of Bitcoin adoption. In an int...
[2,000 million USDT burned]
Whale Alert reported that 2,000 million USDT has been burned at the Tether Treasury.
https://coinness.com/en/news/1174021
Whale Alert reported that 2,000 million USDT has been burned at the Tether Treasury.
https://coinness.com/en/news/1174021