[World Liberty Financial plans WLFI token buyback program]

DeFi lending platform World Liberty Financial announced plans to pursue a WLFI token buyback program to strengthen its ecosystem and governance.

The company said it plans to begin buybacks with an initial funding allocation and then evaluate the program. Funding sources could include fees generated from USD1 reserves and other sources. The goal is to encourage active participation in WLFI governance and concentrate voting power among holders with a strong long-term commitment. World Liberty Financial said it intends to run the buyback as an ongoing part of its long-term strategy, with the pace and size adjusted based on its impact on ecosystem growth and governance participation.
https://coinness.com/en/news/1174604

[Bitcoin Core developer proposes 'Quantum Landmines' to deter quantum-enabled BTC theft]

Bitcoin Core developer Cory Fields has proposed a technique called 'Quantum Landmines' to prevent Bitcoin theft using quantum computers, CoinDesk reported.

Under the proposal, a hacker trying to use a quantum computer to steal BTC by uncovering a vulnerable wallet’s private key would have to post BTC collateral equal to the amount targeted for theft. The funds would then be locked for around 30 days. During that period, if the original owner submits pre-arranged proof of ownership, the owner could recover both the BTC and the collateral posted by the hacker. A hacker would not be able to know in advance which wallets have the mechanism enabled.
https://coinness.com/en/news/1174605

[Ark Invest buys $2.4M in Coinbase stock after shares tumble]

Ark Invest, led by Cathie Wood, bought $2.44 million worth of Coinbase shares, The Block reported. Coinbase stock fell 9.69% on the day.

By contrast, Ark Invest sold 109,522 shares of Bullish worth $2.27 million and 119,841 shares of Bitmine worth $2.28 million. Both stocks were down more than 10% on the day.
https://coinness.com/en/news/1174606

[Hyperliquid whale’s stock longs show $7.9M unrealized loss over past 30 days]

A Hyperliquid whale trader who had posted $9.18 million in cumulative profit has lost $8.01 million over the past 30 days, according to Onchain Lens. The trader currently holds leveraged long stock positions worth about $32.91 million, with unrealized losses totaling about $7.92 million.

By position, the unrealized losses include $3.61 million on DRAM, $1.38 million on SPCX and $1.31 million on SKHX. Separately, the trader made $1.21 million on a BTC short position about two hours ago, Onchain Lens said.
https://coinness.com/en/news/1174607

[BTC sell-off wipes out whale as crypto liquidations hit $1.08B]

A wave of large-scale liquidations hit the crypto market as U.S. stocks tumbled, BeInCrypto reported. The outlet said a whale address holding leveraged positions on Hyperliquid was forcibly liquidated eight times, taking losses on 201 BTC worth $15.6 million. According to CoinGlass, 209,826 investors were liquidated over the past 24 hours for a total of $1.08 billion, with long positions accounting for $956 million, or about 88% of the total.
https://coinness.com/en/news/1174609

[Dash V24 lets smaller holders join masternode operations]

Privacy coin Dash said on its official X account it has introduced a feature in its V24 update that lets multiple users pool DASH to run a single masternode.

Previously, operating a masternode required users to post 1,000 DASH as collateral, but the update now allows smaller holders to combine collateral with other users to participate in node operations. Dash added the feature is supported at the protocol level, removing the need to trust a separate intermediary.
https://coinness.com/en/news/1174610

[Zcash activates NU7 mainnet upgrade]

Zcash announced its NU7 network upgrade has been successfully activated on the mainnet.
https://coinness.com/en/news/1174613

[BNB Chain says Reth security risk has limited impact, emergency fix underway]

BNB Chain, a layer-one smart contract blockchain, said it is aware of a security risk affecting the Reth client and that the impact on BSC-Reth is limited. It added opBNB does not use op-reth.

The development team is working on an emergency fix and closely monitoring the situation to protect network security. BNB Chain said there is currently no action required from developers or users.
https://coinness.com/en/news/1174614

[Kalshi CEO backs insider trading ban for U.S. lawmakers, executive branch officials]

Kalshi and co-founder CEO Tarek Mansour said in an interview with CNBC that he supports banning insider trading by members of Congress and executive branch officials, adding Kalshi has monitored insider trading since its 2018 launch.

Some Democratic lawmakers in the U.S. are pushing legislation that would go beyond insider trading rules and fully ban election-related prediction market trading, according to BeInCrypto. Earlier, Sen. Jeff Merkley and Rep. Jamie Raskin introduced a bill to prohibit event contracts tied to elections, sports, military action and major government activities.
https://coinness.com/en/news/1174615

[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: $325.22 million liquidated (90.18% longs)
- ETH: $208.53 million liquidated (84.99% longs)
- SOL: $43.14 million liquidated (90.8% longs)
https://coinness.com/en/news/1174616

[Kaia to migrate KAIA staking contract ahead of permissionless transition]

Layer-1 blockchain Kaia said it will migrate KAIA staking to a new contract as it shifts to a permissionless model. The company said CR Mission users will not see their CR rewards reduced during the migration process. It added that staking balances recorded at block 232,552,000, around 3:00 p.m. UTC on Nov. 15, will remain recognized through Dec. 20.
https://coinness.com/en/news/1174617

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

Binance announced it will gradually resume withdrawal services starting at 4:00 a.m. UTC on Nov. 6 for the following networks and tokens:
- BSC: USDE, PENDLE, ZRO, JASMY, BAT, ZBT, ENSO, SUI, HAEDAL, ZAMA, YFI, WLFI, SAHARA, SAND, EUL, OPEN, ANKR, ID, AUCTION, MANA, G, ZKP, CYBER, F, AXL, JST, SUN, MMT
- Base: ZRO, BREV, ZBT, PARTI, VIRTUAL, MORPHO, AXL
- Ethereum: U, XRP, CAKE, LISTA, W, WCT
- Optimism: ETH, ZRO, AXL, WLD
- Matic: ZRO, SAND, AXL, GRT
- Arbitrum: PENDLE, ZRO, ETHFI, AXL, GRT
- Avalanche C-Chain: ZRO, AXL
- TRX: U
- SUI: FDUSD
https://coinness.com/en/news/1174618

[WSJ says Warren likely to chair Senate Banking panel, raising crypto industry concerns]

Elizabeth Warren, a U.S. Democratic senator widely seen as one of the leading crypto skeptics in Congress, is expected to become chair of the Senate Banking Committee in January, The Wall Street Journal reported.

After taking the post, Warren is expected to use powers including subpoena authority to step up oversight and investigations of Wall Street financial firms, the digital asset industry and prediction markets, according to the report. Likely areas of focus include consumer protection systems at crypto companies and allegations of insider trading in prediction markets. The WSJ added Warren, the top-ranking Democrat on the Senate Banking Committee, has long pushed for tighter private equity regulation and stronger financial consumer protections.
https://coinness.com/en/news/1174619

[Ripple CEO urges clear U.S. digital-asset rules after pro-crypto wins in both parties]

Ripple CEO Brad Garlinghouse said pro-cryptocurrency candidates from both the Democratic and Republican parties won U.S. midterm elections and urged the establishment of clear digital-asset regulations, Bitcoin.com reported. In a post on X, Garlinghouse said 67 million people in the U.S. use cryptocurrency and the number continues to grow, adding the goal of putting in place clear rules to support the industry's development will remain in the new Congress.

Ripple CLO Stuart Alderoty also said regulatory clarity for digital assets will not be resolved in a single election and Ripple will continue working with lawmakers from both parties.
https://coinness.com/en/news/1174620

[Ethereum ICO whale buys $5M more ETH, holdings reach $272M]

An anonymous whale address that participated in Ethereum’s ICO accumulated another 2,221 ETH worth $4.99 million over the past eight hours at an average price of $2,248, according to on-chain analyst ai_9684xtpa. The address now holds 122,000 ETH worth $272 million.
https://coinness.com/en/news/1174621

[JUST DAO revamps JST buyback and burn model toward ecosystem revenue]

According to DeFi protocol JUST, JUST DAO revamped its JST buyback and burn mechanism in October. JustLend’s past revenue reserves were fully deployed, and funding for future buybacks is set to gradually shift toward recurring ecosystem revenue.

The DAO plans to maintain at least $50 million in reserves while deploying about $20.34 million in excess reserves in phases starting in the fourth quarter of 2026. Across five burn rounds, 1,881,973,007 JST has been burned, equivalent to 19.01% of the token’s initial total supply and worth about $118.15 million.
https://coinness.com/en/news/1174622

[Whale with 10 straight wins opens $45.3M 25x ETH long]

A whale trader that posted profits in each of the previous 10 trades recently opened a 25x leveraged long position in 20,277 ETH worth about $45.3 million after the latest market decline, according to on-chain analytics firm Lookonchain.

The trader logged a total of $6.32 million in realized profit across those 10 trades and is currently sitting on about $252,000 in unrealized profit on the ETH long position, Lookonchain said.
https://coinness.com/en/news/1174623

[Singapore regulator urges caution on crypto trading after Binance hack]

The Monetary Authority of Singapore urged retail investors to avoid cryptocurrency trading and not use unregistered firms following Binance’s roughly $6.3 billion hack, according to Lianhe Zaobao.

MAS said Binance has not obtained the license required to provide financial services in Singapore. The regulator added that licensed crypto service providers in Singapore must maintain strict systems for cybersecurity and customer asset protection, but stressed that using regulated firms still cannot fully prevent losses stemming from the inherently high risks of crypto assets. Binance was placed on MAS’s investor alert list in September 2021.
https://coinness.com/en/news/1174624

[Definitive executive says hot wallet was fully drained in hack]

Carlos, head of growth at on-chain trade execution platform Definitive, said all assets in an existing hot wallet were stolen.

In a post on X, Carlos said the incident appears to be part of a broader attack linked to the "noble.base.eth" address and may be tied to a security vulnerability at development platform Railway. Carlos said assets were drained from 96 wallets in a similar manner over about 70 minutes.

Carlos also raised the possibility that a seed phrase or private key was compromised, citing valid signatures from the affected wallet. The hacker mainly moved funds through Relay, and Relay said it blocked the related wallets.
https://coinness.com/en/news/1174625

[BTC spot ETFs see $430.2M net outflow, reversing from inflow a day earlier]

U.S. spot Bitcoin ETFs saw a combined net outflow of $430.2 million on Nov. 5, according to Farside Investors, reversing from net inflows a day earlier.
- BlackRock IBIT: -$105 million
- Fidelity FBTC: -$199 million
- ARK Invest ARKB: -$18.9 million
- Franklin EZBC: -$32.9 million
- VanEck HODL: -$23.6 million
- Grayscale GBTC: -$49.9 million
https://coinness.com/en/news/1174626

[U.S. spot ETH ETFs post $99.9M net outflow after one trading day]

U.S. spot Ethereum ETFs saw $99.9 million in net outflows on Nov. 5, reversing from net inflows after one trading day, according to Farside Investors.
- BlackRock ETHA: -$75.2 million
- BlackRock Staking ETHB: -$22.0 million
- Fidelity FETH: -$2.2 million
- Grayscale ETHE: -$0.5 million
https://coinness.com/en/news/1174627