[Pump.fun app adds support for Avalanche ecosystem token trading]

Pump.fun announced support for trading Avalanche ecosystem tokens on its app. Users can explore and trade new and existing tokens in the Avalanche ecosystem without separate bridging.
https://coinness.com/en/news/1174393

[Nasdaq approves listing of Canary Capital’s staking INJ ETF]

Nasdaq has approved the listing of U.S. asset manager Canary Capital’s staking INJ ETF, Cointelegraph reported. The product is set to list under the ticker INJC, with the venue changed to Nasdaq from an earlier plan to list on Cboe BZX, an exchange under the Chicago Board Options Exchange (CBOE).
https://coinness.com/en/news/1174394

[Privacy Cash pauses deposits to block inflows of stolen Binance funds]

On-chain privacy protocol Privacy Cash has temporarily suspended deposits to block inflows of assets stolen from Binance, Solid Intel reported. Withdrawals will continue to be processed as normal during the suspension. The protocol said it will continue strengthening wallet address verification, adding that a timeline for resuming deposits will be announced later.
https://coinness.com/en/news/1174395

[Scaramucci says Trump memecoin sank the CLARITY Act]

SkyBridge Capital founder Anthony Scaramucci said in an interview with Cointelegraph that the single decisive reason the U.S. CLARITY Act failed was President Donald Trump’s memecoin launch.
https://coinness.com/en/news/1174396

[Glassnode says BTC volume holds up despite price pullback]

Bitcoin trading volume has remained above the lows recorded in August despite the recent price correction over the past several weeks, according to Glassnode. Trading volume at the time had fallen to its lowest level since 2023, but it has stayed above that level since Bitcoin’s sharp rally in August. Glassnode said investor interest in cryptocurrencies and trading participation have been maintained despite months of market indifference.
https://coinness.com/en/news/1174397

[US stocks close higher]

The three major U.S. stock indices closed higher today.
- S&P 500: +1.58%
- Nasdaq: +1.44%
- Dow Jones: +3.03%
https://coinness.com/en/news/1174398

[Strategy preferred STRC trades at par for first time since May]

AI-based crypto market analysis agent AIXBT said Strategy’s BTC acquisition funding preferred stock, STRC, traded at par on Nov. 4 for the first time since May. Under company policy, Strategy can issue new STRC shares only at or above par.

Funds raised through STRC issuance for BTC purchases totaled $5.46 billion in the second quarter, while there was no such issuance in the third quarter, according to AIXBT. The remaining issuance capacity stands at $17.51 billion. Any new issuance would add dividend costs tied to the current 12% payout rate, and Strategy could also hold the raised funds in cash instead of BTC.
https://coinness.com/en/news/1174399

[World Mobile Chain begins first token recovery for holders with under 10,000 tokens]

World Mobile Chain said it has begun the first recovery process for the designated token at base:0x3e31966d4f81c72d2a55310a6365a56a4393e98d, adding all burns required for the initial recovery have so far been confirmed on-chain.

The first round applies to users who held under 10,000 of the token on Ethereum at the time of the snapshot and whose balances in self-custodied wallets have remained unchanged since then. Eligible users will receive the same amount at the same address on the Base network within one to 14 days after the burn is confirmed.

World Mobile Chain added wallets that held larger amounts or moved tokens will be handled in later rounds, and exchange users should not withdraw tokens in an attempt to become eligible.
https://coinness.com/en/news/1174400

[U.S. crypto industry rethinks campaign spending strategy for 2028 elections]

The U.S. crypto industry is expected to adjust its political fundraising strategy after Democrats won control of both chambers of Congress in the U.S. midterm elections, Cointelegraph reported. Crypto industry super PACs spent more than $176 million across about 100 races, including primaries, in this midterm cycle, up from more than $130 million in 2024.

Fairshake and affiliated PACs, the main vehicles for crypto industry political spending, deployed a combined $154.5 million. But questions have emerged about the effectiveness of that spending after several key backed candidates lost. Fairshake is reported to hold more than $67 million ahead of the 2028 elections, and spokesperson Jeff Vetter said a new electoral landscape would take shape before that cycle.
https://coinness.com/en/news/1174401

[Mercado Bitcoin to gradually resume services on Nov. 9]

Brazilian cryptocurrency exchange Mercado Bitcoin said it will gradually resume platform services starting Nov. 9 after a security incident forced a suspension. The exchange said it will first restart services through its website and then restore functions in phases. Customer balances remain recorded in existing accounts, and assets tied to the incident will be replenished with the exchange’s own funds.
https://coinness.com/en/news/1174402

[Canton Strategic completes first SEC innovation-exempt tokenized stock trade]

Nasdaq-listed Canton Strategic Holdings said it completed the first tokenized trade of its common stock. The transaction was the first issuer-sponsored tokenized U.S. stock trade conducted under the U.S. SEC’s innovation exemption framework announced in September.

The trade took place on TSV, a stock-token trading platform built on the Canton Network. Existing shareholder Five North tokenized and sold its shares, while DRW Cumberland participated as the buyer. Flowdesk served as the liquidity provider, and the transaction was executed through Tradecraft’s automated market maker, or AMM, pool.

The stock tokens are recorded and administered in the issuer’s name by Fairmint, the company’s SEC-registered transfer agent. Fairmint manages the official onchain shareholder registry as well as a list of approved holders and wallets, and token holders have the same shareholder rights as the company’s common stock traded on Nasdaq.
https://coinness.com/en/news/1174403

[Polygon community weighs hard fork to recover 70.49M stolen POL]

The Polygon community has proposed a hard fork of the Polygon PoS mainnet to recover about 70.49 million POL frozen in an attacker address, valued at roughly $6.5 million. The proposal calls for burning the attacker-held POL included on a blocklist and then transferring the amount to a designated recovery address.

The recovery target includes about 23.86 million POL tied to Polymarket and about 46.63 million POL tied to Binance. Polygon said the plan would leave the total POL supply unchanged.

The measure is at the community proposal stage, and whether the recovery proceeds and when it could be implemented will depend on future governance discussions and technical decisions.
https://coinness.com/en/news/1174404

[Abu Dhabi startup unveils $1.5B real estate and Bitcoin investment plan]

Standard Asset Company, or SAC, a newly established investment firm in Abu Dhabi, UAE, has unveiled a $1.5 billion strategy that combines income-generating real estate investments with Bitcoin accumulation, Crypto Briefing reported. The plan calls for using operating income from hotels and branded residences to build long-term Bitcoin reserves. SAC plans to run the program over 10 years and review its asset allocation quarterly. Coinbase Asset Management will oversee the Bitcoin reserve strategy. SAC did not disclose how much of the $1.5 billion will be allocated to real estate and Bitcoin, respectively.
https://coinness.com/en/news/1174405

[BitMart founder says security team is severely understaffed after suspected hack]

BitMart founder Sheldon Xia said the exchange is facing a severe shortage of security personnel during its restructuring process, while a possible link has been raised between the latest attack and the $46 million hack at Brazilian exchange Mercado Bitcoin. Xia said threats targeting employees and suspected retaliatory actions by former staff have made it difficult to retain technical personnel. Xia added that some key technical staff were persuaded to stay to maintain core systems, but attacks are still continuing and the security team remains severely understaffed.

Xia also claimed the financial damage from the hack was not significant, though no specific figure was disclosed. Blockchain analytics firm Bitquery identified about $391,000 in suspicious fund movements across three blockchains from a wallet linked to BitMart. The funds were found to have moved to a wallet that has also been identified as being involved in the Mercado Bitcoin hack, supporting the possibility of a connection between the two incidents, though no direct link has been confirmed.
https://coinness.com/en/news/1174406

[Democratic control of Congress may not derail tokenization, stablecoin businesses]

Democratic control of Congress after the U.S. midterm elections has clouded the legislative outlook for the crypto industry, but tokenized securities and stablecoin businesses could keep growing under existing legal frameworks, CoinDesk reported, citing industry experts.

Peter Curley, global head of regulatory affairs at Ondo Finance, said stronger congressional oversight of the SEC and CFTC under Democratic control could increase scrutiny of the two agencies, but there is little reason tokenized securities businesses would be halted. Curley said relevant institutions have already made significant progress under the existing regulatory framework. Aaron Kaplan, CEO of Prometheum, also said the business is likely to move forward by using existing securities laws rather than waiting for new legislation. Brokerages are reviewing crypto product offerings through brokerage accounts, while securities issuers and overseas trading platforms are also exploring ways to tokenize U.S. stocks. By contrast, rulemaking pushed by the SEC and CFTC could take longer to be finalized amid tougher Democratic oversight. The SEC has been working on exemptions for tokenized securities trading platforms and revisions to transfer agent rules, while the CFTC has also been working on matters related to perpetual futures.
https://coinness.com/en/news/1174407

[American Bitcoin increases BTC holdings 5% in third quarter]

Nasdaq-listed Bitcoin mining and accumulation company American Bitcoin (ABTC) announced third-quarter net income of about $126 million and adjusted EBITDA of about $220.8 million. The company’s Bitcoin holdings rose by 425 BTC, or about 5%, to around 8,427 BTC at the end of September from around 8,002 BTC at the end of June.

ABTC said it expanded its holdings through mining during the quarter without issuing new shares under an at-the-market program or buying Bitcoin. Third-quarter production was about 891 BTC, down from 932 BTC in the previous quarter, while mining costs rose to about $42,100 per BTC from $36,500. The company added it sold part of its mined Bitcoin to cover operating costs while increasing its strategic Bitcoin holdings.
https://coinness.com/en/news/1174408

[Bitcoin developers pursue BIP-54 soft fork to fix four consensus rule flaws]

Bitcoin developers are pursuing a soft fork proposal, BIP-54, or the Great Consensus Cleanup, to fix four vulnerabilities in consensus rules that have remained since the network’s launch, Crypto Briefing reported.

The first issue BIP-54 aims to address is the possibility of a Time-Warp attack in the difficulty adjustment algorithm, a vulnerability that could allow an attacker to manipulate block timestamps and artificially lower mining difficulty. The second is the so-called poison block problem tied to legacy scripts that can take an unusually long time to validate, potentially delaying block validation and opening the door to denial-of-service attacks. The other two involve vulnerabilities related to the Merkle tree and coinbase transactions. The proposal aims to block the possibility that certain 64-byte transactions could exploit a weakness in the Merkle tree structure and reduce the risk of replay attacks arising from duplicate coinbase transactions.

Matt Corallo first drafted the proposal in March 2019, and co-author Antoine Poinsot has resumed work on it. Some miners have also begun preparing for the change. MARA Pool and ViaBTC have started generating coinbase transactions compatible with BIP-54 on the Bitcoin mainnet. While this does not mean the soft fork has been activated, it shows some mining operators are preparing for the change. Corallo put the odds of BIP-54 becoming Bitcoin’s next soft fork after Taproot at 80%.
https://coinness.com/en/news/1174409

[Grayscale, BlackRock see crypto growth continuing despite Democratic control of Congress]

Democratic control of both chambers of Congress after the U.S. midterm elections may complicate President Donald Trump’s push for digital-asset legislation, but Grayscale and BlackRock expect the political shift to have little impact on the crypto industry’s long-term growth, CoinDesk reported.

The firms said global demand and the entry of major financial institutions continue to support the industry’s expansion. Zach Pandl, head of research at Grayscale, estimated that about 80% to 85% of global crypto activity occurs outside the United States. Based on 14 indicators including trading volume, mining and holdings, the U.S. share of global crypto activity came to an average of 19%, with a median of 16%.

Pandl said federal debt is likely to keep rising regardless of which party controls Congress, a trend that could support investment demand for alternative stores of value including crypto assets. BlackRock took a similar view, saying the election’s impact on its crypto business would be limited. At an ETF investor forum in New York before the results were announced, Robert Mitchnick, BlackRock’s head of digital assets, said in English, "Honestly, not much." Mitchnick added Bitcoin and Ethereum have already secured considerable regulatory clarity for investment-product launches and could attract bipartisan support as crypto adoption expands.
https://coinness.com/en/news/1174410

[MVL’s Musubi completes first institutional private credit deal]

Blockchain mobility platform MVL said the first institutional private credit transaction has been completed on its real-world asset platform Musubi. Kaia Investment Partners, or KIP, used capital from Yield8, a tokenized private credit fund, to provide financing to Cambodia’s ONiON Mobility through Musubi.
https://coinness.com/en/news/1174411

[Ethereum project moves to code stage to bridge liquidity across rollups]

An open-source framework called the Ethereum Economic Zone, or EEZ, aimed at connecting liquidity and applications fragmented across Ethereum rollups has entered the code implementation stage, Crypto Briefing reported.

Jointly led by Gnosis and Zisk, EEZ is designed on Ethereum’s neutral infrastructure to let smart contracts on different rollups interact within a single transaction. Its core technology, Atomic Cross-chain Execution, is intended to allow contracts on EEZ-participating rollups or the Ethereum mainnet to call contracts on other chains through one transaction, with the goal of linking applications without cross-chain asset transfers or separate liquidity provisioning. The framework will keep ETH as its gas token and will not issue a new token. Gnosis Chain plans to migrate to an EEZ rollup in spring 2027. Other participants in the alliance include Aave, smart account infrastructure provider Safe, and real-world asset tokenization platform Centrifuge.
https://coinness.com/en/news/1174412

[9:00 a.m. UTC Nov. 5 BTC spot CVD chart explained]

Spot CVD is an order-book analysis chart for the BTC/USDT spot trading pair, with the upper panel showing a volume heatmap and the lower panel showing cumulative volume delta, or CVD.

- The volume heatmap in the upper panel tracks trading volume at each price level, and the background becomes brighter when the price stays in a specific range for an extended period or makes a large move. Brighter areas may act as support or resistance.
- The CVD indicator in the lower panel reflects buy and sell orders by order size, and the line for each color rises as buy orders increase in that category. The yellow line represents orders from $100 to $1,000, while the brown line is based on large orders ranging from $1 million to $10 million.
https://coinness.com/en/news/1174413