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🚨 TODAY: Coinbase CEO Brian Armstrong says that while lab-grown diamonds boom and alchemy-made gold nears reality, Bitcoin’s 21M cap stays untouchable.

“You can’t invent anything that will increase Bitcoin supply.”

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🔥 NEW: Hong Kong-based Redotpay is reportedly weighing a confidential US IPO filing by year-end while also discussing a pre-IPO round at a $4B–$5B valuation, per Bloomberg.

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🇵🇭 TODAY: The Philippine peso has fallen to an all-time low against the US dollar.

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🇺🇸 JUST IN: The crypto industry has spent roughly $176M across more than 100 US midterm races, seeking to build bipartisan support in Congress, per Reuters.

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🔥 JUST IN: Janus Henderson launches JQQQ, the first licensed tokenized Nasdaq-100 fund, on Stellar using Centrifuge.

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🇺🇸 JUST IN: Trump says consumer confidence is up 7.5%, calling it “an extremely big rise.”

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🇺🇸 JUST IN: Trump says he will ban the term “artificial intelligence” from relevant documents, calling it inaccurate and advocating “super intelligence” instead.

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🚨 BIG: Robinhood posted record Q3 revenue of $1.4B, up 12% year-over-year, with $16B in net deposits and a record 5.2M Gold subscribers.

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⚡️ BRIAN ARMSTRONG: “All asset classes are moving onchain. Tokenized stocks and stablecoins (which are really just tokenized fiat currency) are growing fast, with more to come.”

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🚨 ALERT: Solflare’s validator has stopped producing SOL staking rewards after a security incident at its staking provider affected the validator keys, though the wallet says user funds are safe.

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🇰🇷 NOW: South Korea’s Bithumb, Daishin Securities and Mirae Asset Global Investments have all reported customer data breaches, with Bithumb’s linked to an external cyberattack, per Yonhap.

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🚨 NOW: Coinbase says it has not suffered a data breach.

A security incident at analytics vendor Amplitude exposed some users’ contact data, but customer funds and Coinbase systems were unaffected.

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