[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

[Immutable to migrate to an OP Stack-based chain next year]

Layer-2 network Immutable said it plans to migrate next year from its existing chain, which is based on a custom geth fork, to a chain built on the OP Stack. The migration is intended to speed up transaction processing and strengthen interoperability with Ethereum’s security architecture. Immutable said existing accounts, balances and smart contracts will be transferred automatically, and most users will not need to take any separate action.
https://coinness.com/en/news/1174628

[Dormant whale withdraws $98.1M in BTC from Binance over 24 hours]

A whale address that had been dormant for about a year withdrew a total of 1,286 BTC, worth about $98.11 million, from Binance over the past 24 hours, according to on-chain analytics firm Onchain Lens. Such exchange outflows are typically interpreted as a sign of holding intent.
https://coinness.com/en/news/1174631

[Upbit to delist DNT and HBD on Dec. 7]

South Korean exchange Upbit announced it will delist district0x (DNT) and Hive-Backed Dollar (HBD) at 6:00 a.m. UTC on Dec. 7.
https://coinness.com/en/news/1174632

[Upbit to temporarily suspend IOST-related token deposits, withdrawals]

South Korean exchange Upbit announced it will temporarily suspend deposits and withdrawals for IOST-related digital assets from 2:00 p.m. UTC on Nov. 10 due to the IOST hard fork. As a result, withdrawals of DON, or DoniToken, will also be temporarily suspended.
https://coinness.com/en/news/1174634

[Binance hacker stole $2.5B with $15 fee, reportedly exploiting Ethereum EIP-7702]

A Binance hacker stole about $2.5 billion worth of cryptocurrency in a single transaction while paying only about $15 in network fees, Cointelegraph reported, citing Bloomberg. The attack is said to have used a feature introduced through Ethereum’s EIP-7702 upgrade, which lets standard wallets temporarily use smart-contract functionality. It has not been confirmed, however, whether a security flaw in that feature itself caused the hack.
https://coinness.com/en/news/1174635

[Upbit to temporarily suspend ZEC withdrawals]

South Korean exchange Upbit announced the temporary suspension of ZEC withdrawals for wallet system maintenance.
https://coinness.com/en/news/1174636

[DigitalX taps Mirae Asset Securities executive as new CEO]

Mirae Asset Group has designated Noh Yong-woo, vice president of Mirae Asset Securities’ innovation promotion unit, as the new chief executive of DigitalX, formerly Korbit, according to SBS Biz. Noh is expected to be formally appointed CEO after South Korea’s Financial Intelligence Unit completes its review of a change filing for the virtual asset service provider, followed by related procedures including a shareholders’ meeting and board approval.
https://coinness.com/en/news/1174637
See more: https://biz.sbs.co.kr/article/20000344703?division=NAVER

[Bithumb to temporarily suspend XPLA deposits, withdrawals on Nov. 7]

South Korean exchange Bithumb announced the temporary suspension of XPLA deposits and withdrawals starting at 3:00 a.m. UTC on Nov. 7 to support a Conx (XPLA) network upgrade.
https://coinness.com/en/news/1174638

[Anonymous whale withdraws $22.5M in ETH from Binance over 4 days]

An anonymous whale has withdrawn a total of 9,777 ETH worth about $22.53 million from Binance over the past four days, AmberCN reported. Exchange outflows are typically seen as a sign of holding intent.
https://coinness.com/en/news/1174639

[GM jumps 220% after Musk posts meme image tied to CZ selfie]

Green Morning (GM) surged in short-term trading after Tesla CEO Elon Musk posted a meme image under a post by Dogecoin co-creator Shibetoshi Nakamoto that featured Binance co-founder Changpeng Zhao. GM was recently trading at $0.002177, up 220%, according to CoinMarketCap.

Earlier, Shibetoshi Nakamoto posted on X, "Good morning from Japan. Just woke up, let’s see what the market is doing." Musk then uploaded what is believed to be a red-tinted version of a green-hued selfie Zhao disclosed in September. That selfie is known as the motif for the bullish GM memecoin.
https://coinness.com/en/news/1174640

[BTC move above $77.1K could trigger $1.05B in short liquidations]

If BTC breaks above $77,081, short positions worth $1.05 billion across major centralized exchanges could be liquidated, according to CoinGlass data. If BTC falls below $74,079, long positions worth $1.38 billion could be liquidated.
https://coinness.com/en/news/1174641