🧭 Binance hackers have moved 81% of the stolen SOL
💸 Of the 970,522 SOL stolen in the attack, about 182,443 SOL worth $16.9 million remains in wallets linked to the hackers.
🔄 Investigators say the attackers are swapping SOL for USDC, bridging funds to Ethereum, then converting ETH to BTC through THORChain. The protocol resumed swaps after a temporary halt.
₿ The laundering continues, and some of the stolen SOL has already left the original wallets.
💸 Of the 970,522 SOL stolen in the attack, about 182,443 SOL worth $16.9 million remains in wallets linked to the hackers.
🔄 Investigators say the attackers are swapping SOL for USDC, bridging funds to Ethereum, then converting ETH to BTC through THORChain. The protocol resumed swaps after a temporary halt.
₿ The laundering continues, and some of the stolen SOL has already left the original wallets.
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⚖️ Justin Sun Seeks $264,000 from World Liberty
📄 The Tron founder is seeking reimbursement for legal costs, saying the company disclosed its owners’ UAE connections late in the case over his frozen WLFI tokens.
🏛️ In an amended filing, World Liberty listed 22 entities in its ownership chain and ties to the US, Puerto Rico and the UAE. The company says it learned this information later.
🔎 The court has not found that World Liberty deliberately withheld the information.
📄 The Tron founder is seeking reimbursement for legal costs, saying the company disclosed its owners’ UAE connections late in the case over his frozen WLFI tokens.
🏛️ In an amended filing, World Liberty listed 22 entities in its ownership chain and ties to the US, Puerto Rico and the UAE. The company says it learned this information later.
🔎 The court has not found that World Liberty deliberately withheld the information.
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🏢 BitGo Launches a Business for Institutional Clients
📈 It will be led by a former NYDIG executive. BitGo is combining digital asset trading with custody and settlement services.
🤝 Clients will have access to derivatives and financing. NYDIG’s team and client relationships joined BitGo after it acquired the firm’s trading business.
🔗 BitGo is bringing these services together on one platform.
📈 It will be led by a former NYDIG executive. BitGo is combining digital asset trading with custody and settlement services.
🤝 Clients will have access to derivatives and financing. NYDIG’s team and client relationships joined BitGo after it acquired the firm’s trading business.
🔗 BitGo is bringing these services together on one platform.
🇭🇰 Hong Kong Passes Crypto Asset Reporting Law
📋 From 2027, crypto service providers will have to verify customer details and report transaction information to tax authorities under the OECD standard.
🔄 Hong Kong plans to begin automatically sharing this information with other jurisdictions in 2028.
🧾 The rules aim to improve tax transparency and combat tax evasion.
📋 From 2027, crypto service providers will have to verify customer details and report transaction information to tax authorities under the OECD standard.
🔄 Hong Kong plans to begin automatically sharing this information with other jurisdictions in 2028.
🧾 The rules aim to improve tax transparency and combat tax evasion.
💵 Circle Reports $865M in Revenue and Reserve Income
📈 The total rose 17% year over year in the third quarter, while net income reached $226 million. USDC transaction volume increased 49% to $13.9 trillion.
👥 The company also plans to cut about 5% of its workforce and recorded $9.1 million in restructuring costs.
📊 Circle’s revenue growth came alongside greater USDC activity and a smaller workforce.
📈 The total rose 17% year over year in the third quarter, while net income reached $226 million. USDC transaction volume increased 49% to $13.9 trillion.
👥 The company also plans to cut about 5% of its workforce and recorded $9.1 million in restructuring costs.
📊 Circle’s revenue growth came alongside greater USDC activity and a smaller workforce.
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🌍 Schroders Brings Emerging Market Bond Fund to Solana
📊 The firm launched a tokenized version of its Emerging Market Bond strategy through Centrifuge, marking its first deployment on Solana.
🔗 The fund’s tokens provide access to government and corporate bonds from emerging markets.
🏦 Schroders manages about $1.1 trillion in assets.
📊 The firm launched a tokenized version of its Emerging Market Bond strategy through Centrifuge, marking its first deployment on Solana.
🔗 The fund’s tokens provide access to government and corporate bonds from emerging markets.
🏦 Schroders manages about $1.1 trillion in assets.
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🏛️ Democrats’ Victory Reshapes Crypto’s Washington Strategy
🗳️ Democrats have taken control of both chambers of Congress. This could bring greater scrutiny of crypto companies and Donald Trump’s ties to the industry.
📜 The outlook for the CLARITY Act has become less certain. After crypto groups spent about $176 million on the election, the industry may need to seek support from both parties.
🔄 Crypto firms now face the task of revising their approach to Washington’s new political landscape.
🗳️ Democrats have taken control of both chambers of Congress. This could bring greater scrutiny of crypto companies and Donald Trump’s ties to the industry.
📜 The outlook for the CLARITY Act has become less certain. After crypto groups spent about $176 million on the election, the industry may need to seek support from both parties.
🔄 Crypto firms now face the task of revising their approach to Washington’s new political landscape.
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🛠️ Polygon Considers Network Upgrade to Recover 70.5 Million POL
🧾 The proposal covers funds blocked after the Polymarket and Binance hacks. The tokens cannot currently be moved, but the existing restrictions do not allow them to be returned to those affected.
🔁 The upgrade would zero out the balances of five attacker addresses and transfer the POL to verified recovery wallets. The proposal has not been approved.
💸 The change would affect only the listed addresses and would not increase the total supply of POL.
🧾 The proposal covers funds blocked after the Polymarket and Binance hacks. The tokens cannot currently be moved, but the existing restrictions do not allow them to be returned to those affected.
🔁 The upgrade would zero out the balances of five attacker addresses and transfer the POL to verified recovery wallets. The proposal has not been approved.
💸 The change would affect only the listed addresses and would not increase the total supply of POL.
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🏦 French bank Crédit Mutuel Arkéa confirms cyberattack
🖥️ The attackers accessed the system through a service provider’s platform and used the bank’s own account to transfer funds to other financial institutions. Some of the money may have been converted into cryptocurrency.
💶 Reports put the stolen amount at €118 million, but the bank has not confirmed the exact figure. Some funds have been frozen, and efforts are underway to recover the rest.
🔒 The bank said customer accounts and assets were unaffected and that the attack had been contained.
🖥️ The attackers accessed the system through a service provider’s platform and used the bank’s own account to transfer funds to other financial institutions. Some of the money may have been converted into cryptocurrency.
💶 Reports put the stolen amount at €118 million, but the bank has not confirmed the exact figure. Some funds have been frozen, and efforts are underway to recover the rest.
🔒 The bank said customer accounts and assets were unaffected and that the attack had been contained.
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🗳️ Digital Chamber Calls Sherrod Brown’s Victory a Major Blow to the Crypto Industry
💰 Brown returned to the Senate after defeating Republican Jon Husted in Ohio. Crypto PACs spent more than $63 million trying to prevent his election.
🏛️ The group says Brown could shift the debate toward consumer protection and tighter industry oversight. He previously chaired the Senate Banking Committee and criticized the crypto market.
📌 His victory could influence how Democrats shape crypto policy in Congress.
💰 Brown returned to the Senate after defeating Republican Jon Husted in Ohio. Crypto PACs spent more than $63 million trying to prevent his election.
🏛️ The group says Brown could shift the debate toward consumer protection and tighter industry oversight. He previously chaired the Senate Banking Committee and criticized the crypto market.
📌 His victory could influence how Democrats shape crypto policy in Congress.
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🇮🇳 CERT-In Warns of AI Hackers Targeting Crypto Exchanges
🛡️ India’s cybersecurity agency has identified a group called CRAFTY FALCON. According to CERT-In, the attackers use AI to target exchanges and financial firms, stealing crypto wallet keys.
🔑 Before making larger transfers, the hackers tested access with small transactions, including one rupee transfers. The agency did not name the affected exchanges or disclose the amount stolen.
🔐 CERT-In recommends keeping wallet keys in cold storage and requiring multiple signatures for withdrawals.
🛡️ India’s cybersecurity agency has identified a group called CRAFTY FALCON. According to CERT-In, the attackers use AI to target exchanges and financial firms, stealing crypto wallet keys.
🔑 Before making larger transfers, the hackers tested access with small transactions, including one rupee transfers. The agency did not name the affected exchanges or disclose the amount stolen.
🔐 CERT-In recommends keeping wallet keys in cold storage and requiring multiple signatures for withdrawals.
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🔍 Trust Wallet User Reports Losing 3,830 USDT
🔗 Iaroslav Dubovoi said the tokens disappeared without a transaction approval request. According to him, the blockchain shows that the funds were transferred, but he does not know how it happened.
🧾 The user shared the transaction hash and said he had used the app for about five years. The network and recipient address have not been identified.
❓ The cause of the transfer remains unknown, and Trust Wallet has not confirmed a wallet breach.
🔗 Iaroslav Dubovoi said the tokens disappeared without a transaction approval request. According to him, the blockchain shows that the funds were transferred, but he does not know how it happened.
🧾 The user shared the transaction hash and said he had used the app for about five years. The network and recipient address have not been identified.
❓ The cause of the transfer remains unknown, and Trust Wallet has not confirmed a wallet breach.
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🏛️ Arkansas Sues Kalshi
🎲 The state’s attorney general accuses the platform of operating an illegal gambling business. Officials say Kalshi accepts wagers on sports and entertainment events without an Arkansas license, including from users aged 18 and older.
📄 The lawsuit also alleges violations of the state’s consumer protection law. Arkansas is seeking to block the platform’s operations and recover compensation, penalties and taxes.
✨ Kalshi says its contracts are financial derivatives, not gambling. The court has not ruled on the case.
🎲 The state’s attorney general accuses the platform of operating an illegal gambling business. Officials say Kalshi accepts wagers on sports and entertainment events without an Arkansas license, including from users aged 18 and older.
📄 The lawsuit also alleges violations of the state’s consumer protection law. Arkansas is seeking to block the platform’s operations and recover compensation, penalties and taxes.
✨ Kalshi says its contracts are financial derivatives, not gambling. The court has not ruled on the case.
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📊 American Bitcoin Reports $126 Million in Net Income
⛏️ The company returned to profit after posting a $57.2 million loss in the previous quarter. A $197.3 million unrealized gain on its Bitcoin holdings drove the result.
₿ Mining revenue fell to $63.4 million, while production totaled 891 BTC. By the end of September, the company held 8,427 BTC.
📉 Profit rose even as mining performance weakened.
⛏️ The company returned to profit after posting a $57.2 million loss in the previous quarter. A $197.3 million unrealized gain on its Bitcoin holdings drove the result.
₿ Mining revenue fell to $63.4 million, while production totaled 891 BTC. By the end of September, the company held 8,427 BTC.
📉 Profit rose even as mining performance weakened.
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🇰🇷 South Korea Seeks to Delay Crypto Income Tax Until 2029
📅 The government is proposing a two year delay. The plan requires parliamentary approval.
💰 Under the current rules, a 22% tax would apply to annual crypto gains exceeding 2.5 million won. The government says the delay is needed because tax information sharing with the US will not begin until 2029.
🔄 If approved by parliament, this would be the fourth delay to the tax.
📅 The government is proposing a two year delay. The plan requires parliamentary approval.
💰 Under the current rules, a 22% tax would apply to annual crypto gains exceeding 2.5 million won. The government says the delay is needed because tax information sharing with the US will not begin until 2029.
🔄 If approved by parliament, this would be the fourth delay to the tax.
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🏦 Bitget Launches Network Connecting Banks to Crypto Markets
🔗 Bitget has introduced the Open Custody Network for institutional clients. It lets them trade on the platform while keeping assets with a custodian of their choice.
🤝 Copper, Fireblocks, Cactus Custody, Bitfire and OSL are connected to the network. Sygnum has completed onboarding and offers custody with collateral and lending services.
🌐 Institutions can choose their custody and settlement arrangements while accessing Bitget’s trading and liquidity.
🔗 Bitget has introduced the Open Custody Network for institutional clients. It lets them trade on the platform while keeping assets with a custodian of their choice.
🤝 Copper, Fireblocks, Cactus Custody, Bitfire and OSL are connected to the network. Sygnum has completed onboarding and offers custody with collateral and lending services.
🌐 Institutions can choose their custody and settlement arrangements while accessing Bitget’s trading and liquidity.
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📧 Zaif Reports Leak of 380,536 Email Addresses
🇯🇵 The Japanese exchange said email addresses were exposed through the servers of its provider, Arara. Zaif’s own systems were not affected.
🎣 Names, passwords and transaction data were not leaked. The exchange warned users about possible phishing emails.
🔍 Zaif is checking how many of the addresses belong to active customers.
🇯🇵 The Japanese exchange said email addresses were exposed through the servers of its provider, Arara. Zaif’s own systems were not affected.
🎣 Names, passwords and transaction data were not leaked. The exchange warned users about possible phishing emails.
🔍 Zaif is checking how many of the addresses belong to active customers.
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🔑 Binance and Deribit Revoke SignalPlus API Keys
🛡️ The exchanges disabled SignalPlus keys after the platform reported a possible security issue. Binance said its systems and users’ funds were unaffected.
📋 Deribit also found no signs of access to its systems or data. Zhao urged SignalPlus users on other exchanges to revoke their keys as well.
⚠️ Binance advised users to check their positions and orders in their accounts and wait before reconnecting their keys.
🛡️ The exchanges disabled SignalPlus keys after the platform reported a possible security issue. Binance said its systems and users’ funds were unaffected.
📋 Deribit also found no signs of access to its systems or data. Zhao urged SignalPlus users on other exchanges to revoke their keys as well.
⚠️ Binance advised users to check their positions and orders in their accounts and wait before reconnecting their keys.
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⛏️ IREN’s Bitcoin Mining Revenue Drops 58%
📉 Quarterly mining revenue fell to $28 million from $67 million. IREN mined 402 BTC while shifting capacity toward AI.
🤖 AI cloud revenue climbed 182% to $200 million. IREN plans to nearly complete its transition to AI infrastructure by the end of 2026.
🏗️ Total revenue reached $228 million, while its target of more than $4 billion in annualized revenue was pushed to January 2027.
📉 Quarterly mining revenue fell to $28 million from $67 million. IREN mined 402 BTC while shifting capacity toward AI.
🤖 AI cloud revenue climbed 182% to $200 million. IREN plans to nearly complete its transition to AI infrastructure by the end of 2026.
🏗️ Total revenue reached $228 million, while its target of more than $4 billion in annualized revenue was pushed to January 2027.
⚡ Zcash Activates NU7 Upgrade
⏱️ Block intervals have shortened from 75 to 25 seconds, speeding up payment confirmations. The upgrade also limits the amount of private activity in each block, reducing the load on wallets.
💸 Sixty percent of transaction fees now go to a reserve for future miner rewards. Reissuance is set to begin in 2031, while the 21 million ZEC supply cap remains unchanged.
🔒 The upgrade also retired the old Sprout privacy pool, leaving about 12,224 ZEC inaccessible.
⏱️ Block intervals have shortened from 75 to 25 seconds, speeding up payment confirmations. The upgrade also limits the amount of private activity in each block, reducing the load on wallets.
💸 Sixty percent of transaction fees now go to a reserve for future miner rewards. Reissuance is set to begin in 2031, while the 21 million ZEC supply cap remains unchanged.
🔒 The upgrade also retired the old Sprout privacy pool, leaving about 12,224 ZEC inaccessible.