[South Korea’s FTC says review outcome on Dunamu-Naver deal not finalized]

South Korea’s Fair Trade Commission said the outcome of its review of a proposed business combination between Naver Financial and Dunamu has not been finalized.

The statement followed a report by The Korea Economic Daily TV that the commission was set to review the combination on Nov. 18 and that the process was effectively at the approval stage. The outlet also said that if the South Korean regulator approves the deal, the two companies will complete merger procedures in March next year.

In response, the South Korean regulator said the review result for the Naver Financial-Dunamu combination has not been finalized and urged caution over the report.
https://coinness.com/en/news/1174435

[LeisureMeta to gradually unlock DAO token allocation, keep KODA-held supply off market]

Blockchain metaverse platform LeisureMeta (LM) said it plans to gradually unlock tokens allocated to its DAO on a preset schedule under the token allocation and distribution plan in its white paper.

The company added all DAO tokens currently held in custody at Korea Digital Asset (KODA) will not be transferred to external wallets or circulated in the market regardless of whether the lockup is lifted. LeisureMeta said the measure is intended to support a sound token economy and maintain market stability.
https://coinness.com/en/news/1174436

[a16z-linked addresses deposit $12.6M in HYPE to exchanges over 16 hours]

a16z-linked addresses deposited 148,145 HYPE worth $12.63 million to exchanges over the past 16 hours, according to ai_9684xtpa. HYPE was trading at $85.26 at the time of the deposits.

a16z is the largest institutional holder of HYPE and has so far deposited a total of 233,000 HYPE worth $20.60 million to exchanges. Exchange deposits are typically viewed as intended for selling, and if the tokens were sold, the firm is estimated to have made about $1.14 million in profit.
https://coinness.com/en/news/1174437

[French bank confirms hack tied to fraudulent transfers converted into crypto]

French bank Crédit Mutuel Arkéa said a cyberattack led to fraudulent transfers from its accounts, and the funds were converted into cryptocurrency through a specialized platform.

On-chain analyst ZachXBT had said on Nov. 2 that a Europe-based crypto company suffered a $106 million hack. ZachXBT later raised the estimated loss to $133 million. Crédit Mutuel Arkéa did not specify the exact amount lost, but confirmed the breach and said client assets were not affected.
https://coinness.com/en/news/1174438

[Bithumb to temporarily suspend deposits, withdrawals for 35 Base-based tokens]

South Korean exchange Bithumb announced it will temporarily suspend deposits and withdrawals for 35 Base-based cryptocurrencies at 2:00 p.m. UTC on Nov. 5 due to a network upgrade on Base.

The affected assets are Avanta (AVNT), AWE (AWE), Axis Robotics (AXIS), B3 (B3), Brett (BRETT), Chainbase Token (C), CARV (CARV), CheckMate (CHECK), Cluster Protocol (CP), Citrea (CTR), Definitive (EDGE), HeyElsa (ELSA), FLOCK (FLOCK), GoPlus (GPS), DeFi App (HOME), Impossible Cloud Network (ICNT), KAITO (KAITO), MIRA (MIRA), OX Exchange (O), OpenGradient (OPG), Puffer (POD), Wayfinder (PROMPT), Squid (QUID), Recall (RECALL), Sapien (SAPIEN), Sign (SIGN), Theoric (THQ), Toshi (TOSHI), Towns (TOWNS), Intuition (TRUST), Superform (UP), Virtuals Protocol (VIRTUAL), Venice Token (VVV), Doppler Finance (XDP), and Zora (ZORA).
https://coinness.com/en/news/1174439

[Trump Media deposits $343.7M in BTC to Crypto.com]

Trump Media deposited 4,259 BTC to Crypto.com around 40 minutes ago, according to Lookonchain. The transfer was worth $343.67 million. Exchange deposits are typically interpreted as being intended for a sale.
https://coinness.com/en/news/1174440

[Dormant whale sells $6.4M in ETH and stETH after yesterday’s rebound]

An anonymous whale address beginning with 0x52ee sold $6.357 million worth of ETH and stETH at an average price of $2,428 over the past 10 hours, according to ai_9684xtpa. The address had been dormant for a year and began selling after withdrawing the holdings from the cryptocurrency lending protocol Aave during yesterday’s ETH rebound.
https://coinness.com/en/news/1174441

[Binance to resume withdrawals on ETH, BSC, Base, TRX and other networks]

Binance announced it will resume withdrawal services for ETH, BSC, Base, TRX, MATIC, GNS, SUI and MMT starting at 4:00 a.m. UTC on Nov. 5.

The affected assets on ETH are UNI, AAVE, PAXG, VIRTUAL, MORPHO, ZAMA, YFI, WLFI, COMP, LPT, NMR, SAHARA, EIGEN, LDO, EPIC, SAND, HYPER, EUL, OPEN, ENS, ANKR, ID, APE, AUCTION, RED, ARKM, MANA, BIGTIME, G, ZKP, CYBER, F, AXL, FLOKI, GRT and SYN.

On BSC, the resumed assets are CASTER, PROM, UNI, 1MBABYDOGE, FIL, IOTA, GENIUS, BANK, MARSCOIN, ZIL, TUT, TWT, DEXE, MUBARAK, FLOKI, INJ, NIGHT, HOME, HYPER, AAVE, AVAX, AT, BREV and SAND.

On Base, the assets are AERO, VIRTUAL, MORPHO and AVNT, while TRX includes JST, SUN and BTT, according to the announcement.
https://coinness.com/en/news/1174442

[Visa to establish six global capability centers in Singapore]

Visa announced plans to establish six global capability centers at a new solutions center in Singapore’s Paya Lebar area. More than 1,500 specialists will take part, with a focus on artificial intelligence, agent-based commerce, digital currencies, stablecoins, programmable payments, digital wallets, alternative payment methods, cybersecurity and quantum computing. Key partners include DBS, Nium and StraitsX.
https://coinness.com/en/news/1174443

[62 companies now oppose stock-token listings on OKXICE]

The number of companies opposing the tokenized stock listings on OKXICE, a joint platform between crypto exchange OKX and Intercontinental Exchange, the parent of the New York Stock Exchange, has risen to 62 from 59. Nebius, Boeing and ServiceNow were added to the list of companies that objected.
https://coinness.com/en/news/1174444

[4,259 BTC transferred from CryptoCom to an unknown wallet]

Whale Alert reported that 4,259 BTC has been transferred from CryptoCom to an unknown wallet. The transaction is valued at about $344 million.
https://coinness.com/en/news/1174445

[Circle enhances agent payment capabilities]

Jeremy Allaire, CEO of Circle, announced Circle has launched a new Agentic Managed Payments feature and revamped and expanded its agent marketplace.
https://coinness.com/en/news/1174446

[Bitcoin cycle bottom still unconfirmed, downside risk remains]

Bitcoin’s cycle strength is weakening, but extreme signals typically seen at major turning points have yet to appear, according to CryptoQuant contributor CryptoOnchain.

CryptoOnchain said the 30-day moving average of Bitcoin’s Cycle Extremes Index had fallen to 15.8%, entering the “Watch” and “Mild Pressure” range. Despite a significant correction, the index remains far from the activation phase tied to overheated market activity or more extreme conditions, the analysis said.

Historically, the index surged around Bitcoin’s 2021 peak and during the 2024-2025 rally as market volatility and trading activity increased. By contrast, current cycle strength appears to have weakened sharply. While that suggests market pressure has eased, it does not mean the risk of further declines has disappeared.

The Cycle Extreme Oscillator also supports a cautious outlook. Its 30-day moving average is near the lower end of its historical range and remains well below the 1.0 threshold that accompanied strong market moves in the past. For now, no clear cycle-extreme signal is being observed, according to the analysis.

Taken together, the two indicators suggest Bitcoin is closer to an ongoing correction and slowing market activity than to a confirmed cycle bottom. The analysis added that low indicator readings alone, even after a steep decline, are not enough to conclude selling pressure has been exhausted, and that further sideways trading or another leg down cannot be ruled out before a sustained recovery.
https://coinness.com/en/news/1174447

[MARA Holdings shows signs of selling $132.8M in BTC]

Bitcoin miner MARA Holdings deposited 1,650 BTC worth $132.8 million to platforms including Galaxy Digital and Copper over the past 12 hours, according to Lookonchain. The transfers suggest the company is selling part of its holdings. MARA Holdings has been selling mined and held BTC for cash this year.
https://coinness.com/en/news/1174448

[Arthur Hayes warns AI IPO stock overhang could weigh on crypto]

Arthur Hayes said large-scale share overhangs following the IPOs of major AI and big tech companies such as SpaceX, Anthropic and OpenAI could also hurt the crypto market.

Hayes said about 8.6 billion SpaceX shares could be unlocked by the end of June next year, potentially increasing the number of shares in circulation by around 50%. Early IPO investors in Anthropic could face dilution of about 83%, while OpenAI may also choose to gradually release shares held by employees and early investors after a listing, he said. Hayes added that weaker AI stock prices could raise funding costs, and if related credit markets tighten, U.S. dollar liquidity could shrink and negatively affect crypto markets. He said BTC and other crypto assets could benefit, however, if the U.S. Federal Reserve and other major central banks begin supplying liquidity in response to a crisis.
https://coinness.com/en/news/1174449

[24-hour crypto futures liquidations]

The following shows estimated liquidation volumes and position ratios for major crypto perpetual futures over the past 24 hours:
- BTC: $308.86 million liquidated (94.18% shorts)
- ETH: $217.05 million liquidated (61.46% shorts)
- CL: $7.06 million liquidated (94.43% shorts)
https://coinness.com/en/news/1174450

[Genius to introduce fee-based buybacks starting with GSTOCK]

On-chain trading terminal Genius said it will introduce a fee-based buyback program starting with GSTOCK. Under the plan, 20% of Genius Foundation fees generated from the GSTOCK trading pair will be used for buybacks. Other tokens with a market capitalization above $2 million can also apply for buybacks under the same model.
https://coinness.com/en/news/1174451

[U.S. spot Bitcoin ETFs see $74.6M net inflow after 3-day outflow streak]

U.S. spot Bitcoin ETFs recorded a net inflow of $74.6 million on Nov. 4, according to SoSoValue data compiled by Farside Investors. The products turned to net inflows after a three-day outflow streak.
- BlackRock IBIT: -$201.2 million
- Fidelity FBTC: +$236.7 million
- Bitwise BITB: +$15.2 million
- ARK Invest ARKB: +$19.9 million
- Invesco BTCO: +$4.0 million
https://coinness.com/en/news/1174452

[U.S. spot ETH ETFs log net inflows after 6-day outflow streak]

U.S. spot Ethereum ETFs recorded $53 million in net inflows on Nov. 4, according to Farside Investors, reversing seven consecutive trading days of net outflows.
- BlackRock ETHA: +$32.8 million
- BlackRock staking ETHB: -$22.4 million
- Fidelity FETH: +$19.2 million
- VanEck ETHV: +$1 million
- Grayscale ETHE: +$9.7 million
- Grayscale Mini ETH: +$13.6 million
https://coinness.com/en/news/1174453

[Hancom chairman Kim gets suspended term in alleged $6.9M crypto slush fund case]

A South Korean court sentenced Hancom Chairman Kim Sang-cheol to one year and six months in prison, suspended for three years, over charges tied to the creation of a 9.6 billion won ($6.9 million) slush fund using cryptocurrency held by an affiliate, News1 reported.

The Seongnam branch of the Suwon District Court on Nov. 5 also acquitted Kim, 73, of breach of trust under the Act on the Aggravated Punishment of Specific Economic Crimes. Prosecutors had previously sought a nine-year prison term.
https://coinness.com/en/news/1174454
See more: https://www.news1.kr/local/gyeonggi/6343943

[XRPL fixes flaw that could let burn-only accounts mint tokens]

XRP Ledger fixed a security flaw that, under certain conditions, could have allowed accounts with only token-burning authority to mint new tokens, CoinDesk reported. The vulnerability stemmed from a feature that lets accounts delegate permissions to other accounts.

Previously, accounts delegated authority to burn tokens such as stablecoins could in some cases also exercise minting authority, but the update separated the two permissions. The measure applies to assets issued on XRPL, including stablecoins, and is unrelated to XRP itself. No confirmed cases of real-world exploitation have been identified so far.
https://coinness.com/en/news/1174455