[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An anonymous whale has withdrawn a total of 9,777 ETH worth about $22.53 million from Binance over the past four days, AmberCN reported.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

[Mastercard secures patents for pre-transfer crypto risk screening]

Mastercard has secured technology to predict money-laundering risk before cryptocurrency transfers are sent and to approve transfers without publicly disclosing transaction records, Digital Asset reported exclusively. According to the U.S. Patent and Trademark Office, Mastercard received two U.S. patents on Nov. 3, including "Preprocessing cryptocurrency transactions" and "Method and system for private transaction processing."

The first technology analyzes a counterparty’s past transaction history before a transfer and predicts the sender’s risk level after the transfer. The second is designed to prevent fraudulent transfers without exposing blockchain transaction records to the public.
https://coinness.com/en/news/1174642
See more: https://www.digitalasset.works/news/articleView.html?idxno=44124

[Weak spot BTC demand keeps focus on $73K support, analyst says]

Bitcoin needs stronger spot demand to sustain its uptrend, cryptocurrency analyst xwinfinance said on X, citing CryptoQuant data.

Bitcoin recovered $80,000 but later fell to the $75,000-$76,000 range amid a sharp drop in U.S. tech and AI-related stocks, the analyst said. While overheating in the futures market has eased somewhat, spot buying remains weak. Over the past five days, around 11,003 BTC saw net outflows from exchanges, and the 60-day cumulative accumulation metric for wallets holding more than 10,000 BTC has turned positive. At the same time, however, BTC inflows from retail-sized investors into Binance have risen sharply, while ETF fund flows and stablecoin liquidity remain sluggish. The analyst said the outlook for a rebound depends on support holding in the $73,000-$76,000 range and on a recovery in spot demand.
https://coinness.com/en/news/1174643

[Kaia says Public Delegation users must migrate staked KAIA]

Layer-1 blockchain Kaia said users of Public Delegation must move their staked KAIA to a new staking contract as part of its transition to a permissionless model. The migration will not be automatic, and Kaia said the Kaia Portal provides step-by-step instructions through a dedicated migration menu.
https://coinness.com/en/news/1174644

[OSL Group partners with Reap to expand stablecoin payments]

OSL Group announced a partnership with fintech platform Reap to broaden the use of stablecoin payments. The two companies plan to combine OSL’s stablecoin infrastructure and liquidity provision capabilities with Reap’s stablecoin issuance and cross-border payments technology to expand stablecoin use in everyday settings, including consumer spending, corporate payments and expense management. They also plan to jointly explore new use cases such as AI agent payments.
https://coinness.com/en/news/1174645

[Gopax exchange page freezes after suspension of trading, deposits and withdrawals]

Gopax’s exchange page has gone blank after the platform announced a temporary suspension of cryptocurrency trading, deposits and withdrawals.

As of 9:00 a.m. UTC on Nov. 6, users who access the “Exchange” page on Gopax see only a blank screen. In a notice posted at 5:49 a.m. UTC on Nov. 6, Gopax said it was taking preemptive steps to protect user assets and strengthen security in line with South Korean financial authorities’ recommendations following a series of recent data leaks and hacking incidents at financial companies. The exchange also said it would move all held cryptocurrencies into cold wallets for storage.

Separate from the suspension of trading and transfers, anxiety has been spreading in the community since the page froze. Gopax has not announced when trading, deposits and withdrawals will resume.
https://coinness.com/en/news/1174646

[Nigeria tightens crypto rules, raises requirements for stablecoin issuers]

Nigeria’s central bank has issued operating rules for non-securities crypto assets, requiring issuers of foreign currency-denominated stablecoins to maintain at least 15 billion naira ($11 million) in paid-in capital. The Central Bank of Nigeria will also require verification of Bank Verification Numbers, or BVNs, for peer-to-peer transactions.

The Central Bank of Nigeria will oversee non-securities virtual assets and stablecoins used for payments, settlement and remittances, while the SEC will retain jurisdiction over securities-type virtual assets.
https://coinness.com/en/news/1174647

[MANTRA submits governance proposal on recovery and management of funds hit by security incident]

RWA-focused layer-one blockchain MANTRA said Governance Proposal 40, which outlines follow-up measures for the recovery and management of funds affected by a security incident, has been submitted. The proposal is part of ongoing recovery efforts following the Aug. 20 security incident. Community members can review the proposal and track the voting process.
https://coinness.com/en/news/1174648

[South Korean exchanges warn users to use caution on withdrawals to GOPAX]

South Korean exchanges including Upbit, Bithumb, Coinone and DigitalX, formerly Korbit, announced notices urging caution on withdrawals to GOPAX.

GOPAX has temporarily suspended deposits, withdrawals and trading as part of measures to protect user assets and strengthen security. GOPAX told Digital Asset it took the preventive step after receiving a threatening email saying its exchange would be hacked. The exchange said the restrictions were not imposed because of a hack and that no hacking attempt had occurred so far.
https://coinness.com/en/news/1174649

[Bitcoin investors realize up to $703M in daily losses over past 3 days]

Loss-driven selling by Bitcoin investors has been expanding, according to on-chain analyst Darkfost. Weekly realized losses reached $191 million, while daily realized losses over the past three days came to $657 million-$703 million.

The analyst said that scale was close to the heavy-loss period seen in early August. Selling to lock in losses also accelerated as BTC fell back below $80,000, with $80,000 described as a key price level that investors react to sensitively and whose breach increased selling pressure.
https://coinness.com/en/news/1174650

[BNB Chain plans validator shift to BSC-Reth client to improve speed]

BNB Chain plans to migrate network validators to the Reth-based BSC-Reth client, aiming to improve throughput and speed. Internal tests showed block recording latency fell 34.9%, while transaction execution latency was cut 35.5% to 56.5 milliseconds. BNB Chain also plans to review support for BEP-675 to enable longer block production times and the adoption of EVM2, a high-speed execution environment.
https://coinness.com/en/news/1174651

[Analysts cite alternative-asset selling as crypto, stocks fall together]

Analysts said the slide in U.S. tech stocks spilled over into the crypto market as asset managers sold alternative assets and cut leverage. Simon-Peter Massabni, head of business development at XS.com, told CoinDesk asset managers were selling alternative assets to meet margin calls and reduce portfolio leverage.

Analysts at FalconX and GSR also said concerns that a Democratic Party landslide in the U.S. midterm elections could slow the pace of AI data center construction added to selling pressure, while market doubts over the profitability of large-scale infrastructure spending have also grown.
https://coinness.com/en/news/1174653

[FT: China halted Solana event over PBOC rule violation finding]

China’s central bank judged Solana’s promotional activity in China to be in violation of regulations and halted the offline "Solana Accelerate China 2026" event just before it was due to begin, the Financial Times reported.

A People’s Bank of China official said SOL is inherently a cryptocurrency and Solana also provides technical services for the issuance and trading of assets such as USDT. Under regulations issued by eight government bodies in February, the official said, promoting Solana constitutes a rules violation. Authorities plan to step up enforcement against cryptocurrency trading firms in China and China-linked organizations affiliated with overseas platforms. CoinNess previously reported that police were dispatched to a Solana Foundation event in Shanghai in October and the event was abruptly suspended.
https://coinness.com/en/news/1174654

[Galaxy CEO buys $9.9M in company stock after 43.5% monthly slide]

Galaxy CEO Mike Novogratz bought about $9.9 million worth of company shares, The Block reported, citing a U.S. SEC filing. Galaxy (GLXY), a crypto financial firm listed on the Nasdaq, is down 43.5% over the past month.

Novogratz said there is a significant gap between the current share price and the company’s intrinsic value. Galaxy shares were up 7% in premarket trading today.
https://coinness.com/en/news/1174655

[Pump.fun deposits $6.2M in SOL to Kraken as Solana falls 6.9%]

Pump.fun deposited 68,260 SOL, worth about $6.15 million, to Kraken for the first time in 15 days as Solana fell 6.9%, according to Onchain Lens. Exchange deposits are typically interpreted as intended for selling.
https://coinness.com/en/news/1174656