[Foundation hack exposed 21,463 customer emails in phishing campaign]

Bitcoin hardware wallet maker Foundation disclosed details of a system breach that exposed customer information after hackers exploited vulnerabilities in its self-hosted Cal.com booking system and Bank-Vaults to steal credentials and access customer data and the company’s email system.

The attack began on Oct. 21, and the hackers tried to send more than 23,000 phishing emails through Foundation’s official email address on Oct. 25, targeting 21,463 email addresses. The exposed data included customer names, addresses, phone numbers, order histories and partial payment card information. The hackers later used the stolen customer data in phone scams seeking victims’ Bitcoin seed recovery phrases.

Foundation said employee accounts and devices were not compromised and assets stored in its Passport hardware wallet remain safe. The company added it plans to reduce its use of self-hosted servers and shift to externally managed services.
https://coinness.com/en/news/1174683

[U.S. Treasury, Fed withdraw proposal to lower cross-border crypto travel rule threshold]

The U.S. Treasury Department and the Federal Reserve announced they will withdraw a 2020 proposal to lower the recordkeeping and information-sharing threshold for cross-border fund transfers to $250 from $3,000, The Defiant reported.

The proposal would have required banks and nonbank financial institutions to collect, retain and transmit information on small transfers originating outside the United States or sent abroad, according to The Defiant. With the withdrawal, the existing $3,000 travel rule threshold will remain in place.
https://coinness.com/en/news/1174684

[Solana co-founder says U.S. Democrats will turn anger toward crypto]

Solana co-founder Anatoly Yakovenko said on X, "Democrats are going to direct all the rage at crypto because no one actually wants to stop building more data centers. Get ready to be the sacrificial lamb."
https://coinness.com/en/news/1174685

[Solana replaces mainnet consensus protocol with Alpenglow]

Solana said it replaced its existing consensus protocol on the mainnet with the new Alpenglow protocol on Oct. 21. Alpenglow targets transaction finality of around 150 milliseconds.
https://coinness.com/en/news/1174686

[U.S. DOL sends 401(k) alternative asset rule to White House review]

A final U.S. Labor Department rule that would open the door to adding Bitcoin, other digital assets, private equity and real estate as investment options in 401(k) plans has entered White House review, Bloomberg Law reported today.

According to Bloomberg Law, the U.S. Department of Labor formally submitted its final "Safe Harbor" rule on fiduciary liability to the Office of Information and Regulatory Affairs, or OIRA. The measure would reduce trustees' litigation risk when adding alternative assets to retirement plans. OIRA review is typically the final stage of the rulemaking process and signals publication in the Federal Register could be near within weeks.

Under the rule, legal protection would be available if pension managers, or fiduciaries, meet six requirements tied to performance, fees, liquidity, valuation, benchmarks and complexity. The change is expected to significantly lower lawsuit risk tied to adding alternative assets, broadening flexibility for retirement plan providers that had previously avoided crypto and private-market assets under the Labor Department's conservative guidance.
https://coinness.com/en/news/1174687

[ZEC risen 3.26% in the past 5 minutes]

ZEC has risen by 3.26% in the past five minutes on the COINNESS market. Currently, ZEC is trading at $1,362.32.
https://coinness.com/en/news/1174688

[Injective marks INJ staking ETF launch with Nasdaq opening bell]

Injective said its CEO rang the Nasdaq opening bell alongside Canary CEO Steven McClurg to mark the launch of INJC, an INJ staking exchange-traded fund.
https://coinness.com/en/news/1174689

[Gnosis Pay data breach exposes users’ personal information]

Users’ personal information was exposed in a data attack at Gnosis Pay, according to Solid Intel. The leaked data includes home addresses, card details and wallet information.

Gnosis Pay said the breach occurred in the B2C business system supporting its branded cards and announced plans to shut down that B2C platform on Dec. 20. It added that no customer funds were lost.
https://coinness.com/en/news/1174690

[BTC falls below $75,000]

According to CoinNess market monitoring, BTC has fallen below $75,000. BTC is trading at $74,970.76 on the Binance USDT market.
https://coinness.com/en/news/1174691

[API3 ends staking rewards after Proposal 17 passes]

Blockchain oracle project API3 said staking rewards have officially ended after major Proposal 17 passed. API3 held in wallets carries the same voting power on Snapshot as staked API3, and while unstaking remains optional, keeping tokens staked no longer offers any reward or voting advantage.
https://coinness.com/en/news/1174692

[Aave Labs acquires Avon team and technology for on-chain fixed-rate lending]

Aave Labs has acquired the team and technology of Avon, an on-chain fixed-rate lending company, according to the AAVE lending protocol. Aave Labs is expanding on-chain lending for the broader public, and Aave said the Avon team brings expertise in protocol engineering and market structure.
https://coinness.com/en/news/1174693

[Algorand to suspend xGov indefinitely from Dec. 6, keeps staking reward pledge]

Layer-1 blockchain Algorand (ALGO) said it will indefinitely suspend its community grant program xGov from Dec. 6 as it focuses on a sustainable, revenue-generating network model.

Algorand also said it will indefinitely halt Project King Safety, its roadmap for improving network operations, and is no longer considering previously discussed measures including removing the ALGO supply cap, inflation-based incentives, enabling and capturing maximal extractable value (MEV), and raising the minimum transaction fee. At the same time, it added that usage-based transaction fees could still be introduced or adjusted, such as fees applied to transactions signed by Falcon-1024 post-quantum accounts. Algorand emphasized that its earlier pledge to extend staking rewards through January 2028 remains in place.
https://coinness.com/en/news/1174694

[Horizen shuts down L3, to return remaining ZEN and ETH on Base in November]

Privacy-focused blockchain Horizen said it has shut down its L3 and plans a new start on Base soon. The snapshot has already been completed.

ZEN and ETH that remained on Horizen L3 after the shutdown because users missed the migration deadline will be returned to users on Base in November by Horizen DAO, it said.
https://coinness.com/en/news/1174695

[Coinbase adds Morpho-powered loans backed by tokenized gold]

Morpho said Coinbase app users can access Morpho-powered loans backed by tokenized gold. Millions of users can borrow stablecoin liquidity against Paxos tokenized gold on the Base network without leaving the Coinbase app.
https://coinness.com/en/news/1174696

[200,000,000 USDC transferred from an unknown wallet to Aave]

Whale Alert reported that 200,000,000 USDC has been transferred from an unknown wallet to Aave. The transaction is valued at about $200 million.
https://coinness.com/en/news/1174697

[300,000,000 USDC transferred from an unknown wallet to Aave]

Whale Alert reported that 300,000,000 USDC has been transferred from an unknown wallet to Aave. The transaction is valued at about $300 million.
https://coinness.com/en/news/1174698

[200,000,000 USDS transferred from Sky to Poloniex]

Whale Alert reported that 200,000,000 USDS has been transferred from Sky to Poloniex. The transaction is valued at about $200 million.
https://coinness.com/en/news/1174699

[ZKLink asks Optimism to help freeze 224,133 OP tied to escrow exploit]

Layer-3 network ZKLink asked Optimism to help freeze funds tied to an attack on its OP escrow. ZKLink said its OP escrow was attacked on Oct. 29 and that the stolen 224,133 OP remains in a specific address without being moved.
https://coinness.com/en/news/1174700

[Base adds support for PAXG, enabling collateral use via Coinbase Borrow]

Base said PAXG is now available on Base. Paxos said the move brings regulated gold into DeFi, including its use as collateral through Coinbase Borrow.
https://coinness.com/en/news/1174701

[Galaxy Digital research head sees tougher path for key crypto bills under Democrats]

Galaxy Digital Head of Research Alex Thorn said Democratic control of both chambers of Congress is likely to make it harder to pass key cryptocurrency legislation. Thorn said House Democrats have announced plans to pursue a comprehensive crypto market structure bill, but meaningful legislative progress is unlikely.
https://coinness.com/en/news/1174702

[BTC could reach $120K-$150K by end-2027 if liquidity improves: analyst]

Bitcoin could rise to $120,000-$150,000 by the end of 2027 if liquidity conditions improve and sustained institutional demand returns, Utkarsh Ahuja, founder and managing partner at crypto-focused investment firm Moon Pursuit Capital, said in an interview with Crypto Briefing.

Ahuja said the market is currently unstable and described the rally on Nov. 4 as a mix of relief buying, short covering and improving sentiment as political uncertainty after the election eased somewhat. But on Nov. 5, selling pressure reemerged across crypto and broader financial markets, quickly reversing the rebound, Ahuja said. He added the market had likely already priced in to some extent the possibility of a Democratic Party victory and cautioned against interpreting either the rally or the subsequent decline as a direct result of the election outcome. With rate expectations and overall risk appetite still unsettled, additional weakness could emerge in November, according to Ahuja.
https://coinness.com/en/news/1174703