[Mercado Bitcoin to absorb $40M hack loss, says customers face no losses]

Brazilian cryptocurrency exchange Mercado Bitcoin said it plans to absorb about $40 million in losses from a recent hack and expects customers will not suffer any losses.

The exchange said the attack targeted a hot wallet and was quickly contained. Mercado Bitcoin is investigating the incident, tracking the stolen assets and cooperating with relevant authorities.
https://coinness.com/en/news/1174041

[DeFi Development buys 5,336 more SOL, bringing total holdings to 2.6 million]

Solana treasury company DeFi Development bought an additional 5,336 SOL, bringing its total holdings to 2.6 million SOL, according to BitcoinTreasuries. CEO Joseph Onorati said tokenization will be a long-term growth driver for SOL and the company is buying SOL accordingly.
https://coinness.com/en/news/1174042

[0x says Lightning now available to all integrated developers]

Decentralized trading infrastructure protocol 0x (ZRX) said Lightning is now available to all integrated developers, adding that swap speeds on EVM chains are now more than twice as fast as before.
https://coinness.com/en/news/1174043

[CZ says Binance covered over $6B hack loss with balance sheet funds]

Binance founder Changpeng Zhao, also known as CZ, said Binance covered losses from a recent hack worth more than $6 billion using only funds on its own balance sheet. Zhao said Binance did not borrow funds, sell holdings, or raise capital externally, adding that while some people keep comparing the incident with other cases, there is a clear difference.
https://coinness.com/en/news/1174044

[Tether says it froze over $1.5B in USDT linked to Binance hack]

Tether said it froze more than $1.5 billion in funds tied to the Binance hack. The USDT issuer said the move was intended to prevent North Korean actors identified as being behind the hack from accessing or moving the funds.
https://coinness.com/en/news/1174045

[On-chain stock token supply hits record $3.8B, up 590% this year]

The supply of stock tokens issued on blockchains has reached a record $3.8 billion, up 590% this year, according to Solid Intel. Separately, decentralized exchange Jupiter said 70% of tokenized asset trading is taking place outside regular stock market hours.
https://coinness.com/en/news/1174046

[Gravity ends fast withdrawal bridge for G token after settling 897.31 million G]

Gravity said it completed settlement of the fast withdrawal bridge for G tokens operated on the Alpha mainnet and shut down the service. The bridge supported rapid transfers of G tokens to other networks.

During its operation, around 897.31 million G tokens were deposited and the same amount was withdrawn, while token issuance and burn volumes were also confirmed to be identical. Gravity said there were no unsettled withdrawal requests or unpaid principal remaining.
https://coinness.com/en/news/1174047

[BTC falls below $77,000]

According to CoinNess market monitoring, BTC has fallen below $77,000. BTC is trading at $76,986.82 on the Binance USDT market.
https://coinness.com/en/news/1174048

[Elastos unveils ElastOS V2 with identity and local AI integration]

Elastos (ELA), a layer-1 blockchain focused on the decentralized internet, has unveiled ElastOS V2, rebuilt from the ground up for the Elastos World Computer. The new Rust runtime integrates identity, local AI, storage, communication and blockchain access into a single system, with users designed to control permissions directly.
https://coinness.com/en/news/1174049

[$103 million worth of futures liquidated in the past hour]

Major exchanges have seen $103 million worth of futures liquidated in the past hour. In the past 24 hours, $314 million worth of futures have been liquidated.
https://coinness.com/en/news/1174050

[Xapo Bank CEO says BTC shows resilience despite Binance hack, tech stock weakness]

Bitcoin has shown relative resilience despite a major Binance hack and a sell-off in technology stocks, Seamus Rocca, CEO of Gibraltar-based fintech firm Xapo Bank, said, according to Crypto Briefing.

Rocca said Bitcoin has historically shown a high correlation with the Nasdaq, but recently held key support levels despite a $6.3 billion hack and weakness in tech stocks, suggesting it may be starting to trade differently from traditional risk assets. Rocca added that the move does not prove Bitcoin’s role as an inflation hedge.
https://coinness.com/en/news/1174051

[Hilbert Group CIO says BTC has not priced in possible Democratic midterm win]

Bitcoin has not yet priced in the possibility of a Democratic victory in the U.S. midterm elections, Russell Thompson, chief investment officer at digital asset investment firm Hilbert Group, said, according to Crypto Briefing.

Thompson said political uncertainty could add further pressure to an already weakened market, while also citing the fallout from the Binance hack and the U.S. military buildup in the Middle East as key uncertainties beyond the election.
https://coinness.com/en/news/1174052

[Solana arbitrage bot King hit by $786K exploit]

A Solana-based arbitrage bot known as King was stripped of about $786,000 in assets, Onchain Lens reported. King, which had posted cumulative profit and loss of $7.2 million, is said to have lost 4,260 WSOL, 191 SOL and about $366,000 worth of stablecoins in the hack.
https://coinness.com/en/news/1174053

[Rocket Pool urges node operators to update to Smart Node v1.25.1]

Liquid staking protocol Rocket Pool (RPL) has urged all node operators to update to the latest Smart Node version, v1.25.1. Rocket Pool said nodes using Lighthouse or Lodestar on mainnet, as well as all nodes on the Hoodi testnet, should be prioritized for the update.
https://coinness.com/en/news/1174054

[Ondo Finance opens subscriptions for OpenAI-linked notes to eligible clients outside U.S.]

Ondo Finance said it has opened subscriptions for OpenAI Private Market Notes, or OPAIPon, for eligible Private Client customers outside the U.S. The notes are a tokenized product offering exposure to OpenAI’s pre-IPO economic performance. Subscriptions will close on Nov. 17, and participation requires enrollment in Ondo Finance’s Private Client program.
https://coinness.com/en/news/1174055

[Nasdaq-listed Super League buys 8 more BTC]

Super League (SLE), Metaplanet’s U.S. Bitcoin asset management subsidiary, bought an additional eight BTC, bringing its total holdings to 15 BTC, according to BitcoinTreasuries.
https://coinness.com/en/news/1174056

[270,000,000 USDT transferred from an unknown wallet to Bitfinex]

Whale Alert reported that 270,000,000 USDT has been transferred from an unknown wallet to Bitfinex. The transaction is valued at about $270 million.
https://coinness.com/en/news/1174057

[New Jersey drops staking case against Coinbase]

New Jersey has withdrawn its staking-related lawsuit against Coinbase, lifting an order that had barred the service, Coinbase’s legal team said. As a result, staking for Coinbase users in New Jersey, which had been suspended since June 2023, is expected to resume soon.

Similar cases were previously dismissed in Illinois, Kentucky, South Carolina, Vermont and Alabama, while restrictions remain in effect in California, Maryland, Washington and Wisconsin.
https://coinness.com/en/news/1174058

[NEAR vote passes to cut maximum annual issuance rate to 1.6% from 2.5%]

NEAR Protocol said House of Stake, NEAR’s decentralized on-chain governance body, has approved a proposal to lower the network’s maximum annual issuance rate to 1.6% from 2.5%.

House of Stake’s security council will review the vote ahead of ratification, after which a roughly 90-day grace period will follow. The change will become binding once validators adopt it through a protocol upgrade. Under the published schedule, the issuance rate is then set to decline gradually each epoch, reaching 1.6% in 24 months.
https://coinness.com/en/news/1174059

[$5.6M tied to Mercado Bitcoin hack frozen, Onchain Lens says]

Funds worth about $5.55 million tied to the hack of Brazilian cryptocurrency exchange Mercado Bitcoin have been frozen, according to Onchain Lens. The frozen assets were spread across three addresses and included USDT, USDC and gold-backed tokens.
https://coinness.com/en/news/1174060

[Crypto sentiment weakens as fear rises, contrarian setup emerges: Santiment]

Investor sentiment toward major cryptocurrencies including Bitcoin, Ethereum and XRP has weakened steadily for about two months, according to blockchain analytics platform Santiment. The firm said fear in the market expanded after the Binance hack, with prices falling and bullish expectations also declining.

Santiment said Bitcoin recorded 0.69 bullish views for every bearish view, while XRP stood at 0.61. Ethereum was relatively higher at 1.14, but bullish sentiment has fallen sharply from September levels.

The firm added that past market cycles have at times produced contrarian investment opportunities after extreme sentiment deterioration, although fear alone makes it difficult to identify a market bottom. With sentiment ratios for Bitcoin and XRP below 1.0, Santiment said a medium-term rebound would be worth watching if prices do not set additional lows.
https://coinness.com/en/news/1174061