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[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[Jito names first 3 external BAM node operators for block building]

Jito announced Triton One, Bitwise, and Sol Strategies as the first three external operators of BAM nodes for block building. Jito said decentralizing block building means BAM nodes are operated by parties outside Jito.
https://coinness.com/en/news/1174022
[Aberdeen, Lloyds Bank execute UK’s first FX trade backed by tokenized assets on Hedera]

Layer-1 blockchain Hedera said the UK’s first foreign exchange trade backed by tokenized real-world assets was completed on its network. Aberdeen and Lloyds Bank exchanged tokenized money market funds and tokenized UK government bonds, while Archax handled token issuance, transfer and custody.
https://coinness.com/en/news/1174023
[Standard Chartered launches deposit token service in Hong Kong]

Standard Chartered has launched a deposit token service for corporate clients in Hong Kong, CoinDesk reported. The service is the first in the bank’s global network to support 24/7 real-time interbank settlement using central bank money, allowing corporate clients to settle funds without the constraints of traditional banking hours.
https://coinness.com/en/news/1174024
[Uniswap launches auto-adjusting buy and sell fee feature on Robinhood Chain]

Uniswap announced the launch of its VolatilePair hook on Robinhood Chain, a feature that automatically adjusts trading fees based on market conditions. The tool applies different fees to buy and sell trades and changes fee rates in line with market price volatility, with the aim of improving profitability for liquidity providers. The first liquidity pool to use the feature is ETH/USDG.
https://coinness.com/en/news/1174025
[Tether CEO says over 4.5 million USDT frozen over Mercado Bitcoin security breach]

Paolo Ardoino, CEO of Tether, said more than 4.5 million USDT linked to a security breach at Brazilian cryptocurrency exchange Mercado Bitcoin has been frozen. Ardoino disclosed the move on X, citing Mercado Bitcoin’s official statement on the incident. Mercado Bitcoin had earlier confirmed a security breach in its systems and temporarily suspended deposits and withdrawals.
https://coinness.com/en/news/1174026
[HSBC’s HKD stablecoin Redcoin tops 50,000 users within a week of launch]

HSBC’s Hong Kong dollar-pegged stablecoin Redcoin has surpassed 50,000 users about a week after launch, the South China Morning Post reported, citing comments by HSBC Group CEO Georges Elhedery at Hong Kong FinTech Week. Elhedery set a goal of expanding the user base to the millions.

Redcoin is currently available through HSBC’s payment app PayMe and supports payments at about 100,000 merchants in Hong Kong as well as person-to-person transfers. HSBC also plans to make Redcoin available through its banking app and pursue links with tokenized investment products.
https://coinness.com/en/news/1174027
[Securitize adds 13 U.S. stock tokens, including ExxonMobil and GameStop]

Securitize has added tokenized U.S. stock products tied to 13 companies, including ExxonMobil, GameStop, Salesforce, and Disney, bringing its total number of supported U.S. stock tokens to 25, The Block reported. The tokens trade on the Solana network and are backed one-to-one by the underlying shares.
https://coinness.com/en/news/1174028
[200,000,000 USDC transferred from Binance to an unknown wallet]

Whale Alert reported that 200,000,000 USDC has been transferred from Binance to an unknown wallet. The transaction is valued at about $200 million.
https://coinness.com/en/news/1174029
[2,920 BTC transferred from Coinbase Institutional to an unknown new wallet]

Whale Alert reported that 2,920 BTC has been transferred from Coinbase Institutional to an unknown new wallet. The transaction is valued at about $227 million.
https://coinness.com/en/news/1174030