The integration of Chainlink's framework could streamline tokenized bond compliance, potentially accelerating blockchain adoption in finance.

The post Chainlink powers compliance framework for onchain bonds with Apex Group, T-REX Network, and ERC-3643 Association appeared first on Crypto Briefing.

AI integration in sales and recruiting at ElevenLabs highlights efficiency gains, potentially reshaping workforce dynamics and operational strategies.

The post ElevenLabs deploys AI agents to enhance sales and recruiting efficiency appeared first on Crypto Briefing.

Democratic wins may reshape tech infrastructure, impacting data-center expansion and highlighting environmental and utility concerns.

The post Apple shares surge nearly 7% as Democrats’ midterm wins boost Big Tech appeared first on Crypto Briefing.

The consistent minting on Solana suggests rising institutional demand for stablecoin liquidity, potentially impacting DeFi market dynamics.

The post USDC Treasury mints another $250 million as Solana minting streak continues appeared first on Crypto Briefing.

Trump's affirmation of Hegseth stabilizes market expectations, reducing speculation of imminent cabinet changes and influencing defense policy continuity.

The post Trump affirms Hegseth’s role as Defense Secretary, dismisses replacement rumors appeared first on Crypto Briefing.

Bitcoin Magazine

Matt Corallo Flags Critical Linux Kernel Flaw; Lightning Labs Ships LND Mitigation

Bitcoin Core and Lightning developer Matt Corallo highlighted a severe Linux kernel vulnerability on October 30, criticizing Ubuntu’s delayed response to what he called “the most critical Linux vuln ever.” The bug, tracked as CVE-2026-98432, affects the kernel’s IPv4 TCP handshake code with a CVSS severity score of 9.8. Anthropic’s Frontier Red Team later showed it could be turned into a remote root exploit against systems exposing a Multipath TCP (MPTCP) listener.

Peter Todd echoed the warning the same day, advising anyone running LND on Linux with open ports to shut their Bitcoin Lightning nodes down until the kernel was patched or otherwise mitigated. The demonstrated exploit path relies on an MPTCP listener—something Go 1.24 and later enable by default. Because LND is written in Go, recent versions were listening with MPTCP on their peer, gRPC, and REST ports whenever the kernel had the feature enabled.

Lightning Labs responded the same day with emergency releases: lnd v0.21.6-beta and the backport v0.20.7-beta. Both disable MPTCP listeners by default, closing the demonstrated exploit path through LND. The project described the change as a mitigation, not a fix, and noted that only a patched kernel fully resolves the underlying issue. Other services on the same machine remain exposed until MPTCP is disabled host-wide or the kernel is updated. Olaoluwa Osuntokun and the official Lightning Labs account both recommended the update.

Security researcher Marcus Hutchins later reported internet-wide scanning activity consistent with threat actors looking for exposed systems. His scans found roughly 2.1 million servers reachable over MPTCP on port 443. International Cyber Digest amplified the finding on November 4, noting the scanning and Ubuntu’s slower patch timeline. 

Canonical has since made fixed kernels available in the opt-in, proposed pocket for Ubuntu 22.04, 24.04, and 26.04, but they have not yet reached the regular updates channel. Red Hat shipped fixes for RHEL 8/9/10 on November 1; Debian, Amazon Linux, and others had already released patches earlier.

UmbrelOS 2.0.1 included the kernel fix on November 1st for x86 devices and applied a traffic-blocking mitigation on Raspberry Pi, where a fixed kernel was not yet available. No confirmed in-the-wild exploitation has been reported, and the vulnerability has not been added to CISA’s Known Exploited Vulnerabilities catalog. Anthropic’s remote-root demonstration remains unpublished.

The practical exposure is highest on internet-facing servers. Home desktop systems behind typical NAT and firewalls, without public TCP listeners, are far less affected. For Lightning operators on Linux, the LND releases remove the specific MPTCP listener path the public exploit used, but the broader kernel bug remains until a patched kernel is installed.

This post Matt Corallo Flags Critical Linux Kernel Flaw; Lightning Labs Ships LND Mitigation first appeared on Bitcoin Magazine and is written by Juan Galt.

Bitcoin Magazine

Strategy’s STRC Hits $100 Par for First Time Since May After Over $2 Billion in Buybacks

Strategy’s Stretch preferred stock touched $100 today for the first time since May, returning to the par value the company has spent over $2 billion in buybacks and five months of rate increases to defend.

STRC traded below $80 at times in June, a massive discount to its stated value. The climb back to $100 restores the price at which Strategy says it will resume issuing new shares, the mechanism that funds its bitcoin purchases. Chairman Michael Saylor had pledged to keep the stock at or above par and to hold the dividend at 12% until it got there.

Two changes landed in the past week. Shareholders approved daily dividends on STRC and three other preferreds on Oct. 28 by a 99.3% vote, removing the semi-monthly ex-dividend drops that had added volatility to the price. 

The first daily payment went out Monday. And Strategy’s Oct. 29 filing set the November rate at 12% annualized, or $1 per share for the month.

Shares of Strategy (MSTR) were up over 7% today after bitcoin jumped above $80,000.

What Stretch (STRC) is and why it slipped

Stretch, the Variable Rate Series A Perpetual Stretch Preferred, launched in July 2025 at $90 with a 9% starting rate. Saylor called it the company’s “iPhone moment.” The design is a feedback loop: Strategy adjusts the dividend each month to hold the price near $100, sells new shares when it trades above par and uses the cash to buy bitcoin. 

It became the largest tradable preferred in the world, with a market value above $8 billion and a holder base that CEO Phong Le has put at about 80% retail.

The loop broke earlier this year. STRC drifted below par in late January; Strategy raised the rate to 11.25% in February, 11.5% in March and 12% by summer, and the price kept sliding as bitcoin fell toward $65,000. At $89 the at-the-market program sat idle, cutting off the company’s cheapest funding. 

In late May, Strategy sold 32 BTC for about $2.5 million to cover a Stretch distribution, its first bitcoin sale since 2022, and critics raised the prospect of a “death spiral” that analysts at Benchmark and TD Cowen disputed.

The fix was to buy the stock back. Strategy paused bitcoin purchases in the week of Oct. 19 and spent $204.9 million on STRC alone, part of the roughly $2.25 billion it has retired since the discount opened. 

Each share bought below $100 shrank the float and reduced the dividend bill at the same time.

A thin cushion under the treasury

The recovery matters because of what sits beneath it. Strategy holds 849,327 BTC after adding 811 coins last week, at an average cost of about $75,446. With bitcoin near $78,300 on Wednesday, the position is about 4% above water. 

The company reported $20.91 billion in third-quarter operating income, almost all of it unrealized gains, alongside a negative year-to-date BTC yield and a chief financial officer stepping down.

The preferred stack is the bill that comes due regardless. STRC, STRF, STRK and STRD together carry annual dividends in the hundreds of millions, and the quarter’s 5,552 BTC in sales went to fund them and the buybacks. A Stretch at par lets Strategy pay those obligations with new preferred issuance rather than coins. A Stretch at $89 does not.

The test now is whether the company reopens the ATM at $100 and whether buyers absorb it. 

This post Strategy’s STRC Hits $100 Par for First Time Since May After Over $2 Billion in Buybacks first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

Bitcoin Magazine

Jack Dorsey’s Block (XYZ) Sets Aside $764 Million for DOJ Settlement as Bitcoin Profit Halves

Block has agreed in principle to pay $764 million to resolve a Justice Department investigation into its anti-money-laundering controls, a sum larger than the $566 million profit the company reported for the third quarter.

The agreement, reached in October and disclosed in a 10-Q filed Nov. 3, would defer for three years a criminal charge that Block failed to maintain an effective anti-money-laundering program under the Bank Secrecy Act. 

The gross figure is about $964 million, reduced to $764 million after credits for earlier regulatory settlements. Block has accrued the full amount and said losses above it are “reasonably possible.” 

The company disputes the basis and methodology of the government’s assessment, and the deal requires final approval.

The settlement overshadowed a quarter in which gross profit rose 22% to $3.24 billion, with Cash App up 27% to $2.07 billion and Square up 14% to $1.16 billion, according to the company release.

 Bitcoin was the exception. Gross profit from the bitcoin business fell 50% to $52 million from $104 million a year earlier, and bitcoin revenue dropped 11% to $1.8 billion.

A case for Block that began with a short seller

The investigation dates to March 2023, when Hindenburg Research alleged that Cash App inflated user counts with duplicate and fraudulent accounts and that weak identity checks let criminals use the platform for scams and money laundering. Block called the report inaccurate and misleading. 

The Justice Department and SEC opened inquiries into the compliance practices and related disclosures; the SEC closed its side in March without recommending enforcement.

State regulators moved first. In April 2025 the New York Department of Financial Services fined Block $40 million after finding a backlog of suspicious-activity alerts that grew from about 18,000 in 2018 to more than 169,000 by 2020, and a screening system that did not block bitcoin transfers to wallets linked to terrorism financing until exposure passed 10%. 

A multistate settlement in January 2025 added $80 million. Those payments account for part of the $200 million credit against the DOJ figure.

The deferred prosecution structure means Block avoids a conviction if it meets the agreement’s terms over three years, a path Binance took in 2023 at a cost of $4.3 billion. 

The charge lands as Block pursues an industrial bank charter for a unit it calls Builders Bank, which would offer custody and fiduciary services for bitcoin. Bank regulators weigh compliance history in charter decisions.

The drop in bitcoin profit was a choice. Block said the decline came from its decision to cut fees on certain Cash App bitcoin transactions, part of a push to make the asset a payment rail rather than a trading product. 

The company auto-enabled about 1 million Square merchants for Lightning payments in May, waived processing fees on bitcoin through 2026, and in October launched a national ad campaign built on spending bitcoin rather than holding it. 

Revenue from bitcoin sales to customers, which Block books at gross, fell as the price dropped from about $114,000 to $70,000 over the year.

Block held 28,355 BTC across its treasury and customer balances as of the first quarter, including about 9,000 in the corporate treasury, and continues to put 10% of bitcoin gross profit into purchases.

This post Jack Dorsey’s Block (XYZ) Sets Aside $764 Million for DOJ Settlement as Bitcoin Profit Halves first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

Bitcoin Magazine

Librería de Satoshi Rebrands to ISMOS, Launches Global Platform to Train One Million Bitcoin Developers

Librería de Satoshi, the technical education organization, recently announced the launch of its global platform as they rebrand to ISMOS and shows off a new website. The organization aims to expand its Bitcoin and open-source developer education program throughout the world, creating local hubs across the world and delivering education programs in local languages.

Since 2021, ISMOS has reached more than 3,665 people in more than 40 countries and has financially supported 30 open-source developers, according to a press release shared with Bitcoin Magazine. 

“Talent is universal; opportunity is not. I founded Librería de Satoshi because I experienced the language barrier in Bitcoin firsthand. ISMOS takes that mission worldwide, so that the next great developer can come from anywhere,” said Dulce Villarreal, CEO and founder of ISMOS.

What began as a Bitcoin school for Spanish speakers is today a technical education ecosystem and a complete training path for freedom technologies and open-source developers. ISMOS brings together educators and technology creators: a space to learn and teach with “Freedom Tech values, in more languages, more regions, and more disciplines, with a growing presence in universities, bootcamps, and programming communities.” ISMOS was born in Latin America as Librería de Satoshi and is now a global movement.

One Million Bitcoin Developers Around the World

ISMOS combines rigorous study programs, direct mentorship, and fellowships in Spanish, Portuguese, and English, and soon in more languages. Subjects will include Bitcoin, cryptography, cybersecurity, mathematics, AI, Nostr, open-source software, and open AI models. The platform is open source, and software developers can explore its open tools at github.com/ismos-xyz. 

Today ISMOS is primarily supported by Btrust and the Human Rights Foundation. Other organizations, such as OpenSats and the Gemini Opportunity Fund, have supported its work in the past with smaller grants, according to the press release.

The announcement reflects nearly five years of growth and a deeper commitment to equal opportunity. “Someone coding in Argentina, Nigeria, or El Salvador deserves the same chance to build a first-class technical career as anyone in Silicon Valley or London.” 

ISMOS aims to go beyond study programs to provide individual support to the best developers through programs such as B4OS (Bitcoin 4 Open Source), fellowships, and its developer residencies: “in their language, at their level, and with the specific support they need to go further than they imagined.”

Press contact
Karina Conde, Director of Operations. comms@ismos.xyz

This post Librería de Satoshi Rebrands to ISMOS, Launches Global Platform to Train One Million Bitcoin Developers first appeared on Bitcoin Magazine and is written by Juan Galt.

Bitcoin Magazine

Democrats to Target Trump’s Crypto Ventures After Taking Congress

House Democrats plan to open investigations into President Donald Trump’s family crypto businesses once they take control in January, with World Liberty Financial, its Emirati investor and the pardon of Binance founder Changpeng Zhao at the top of the list.

Rep. Robert Garcia of California, who will chair the House Oversight Committee, answered the Associated Press call with a two-word statement at 3:18 a.m.: “Lawyer up.” His office said he intends to take on what it calls the “Trump Crime Family” alongside corporate corruption, immigration enforcement abuses and the Epstein files. 

Garcia told Punchbowl News the committee will examine the family’s crypto deals, Donald Trump Jr.’s business dealings and relatives such as Jared Kushner “sitting on boards and getting contracts.”

The difference from the past two years is subpoena power. Democrats have written letters, requested Treasury probes and held shadow hearings; the majority lets them compel documents and testimony from the administration and from private companies without the president’s consent. 

Reuters reported in September that inquiries could begin as early as February, with corporate donors to the White House ballroom and firms that did deals with Trump relatives among the first targets.

World Liberty Financial, the DeFi and stablecoin venture the Trump family launched in September 2024, is expected to come first. Democrats have focused on a $500 million investment by Sheikh Tahnoon bin Zayed Al Nahyan, the UAE national security adviser, whose vehicle took a reported 49% stake shortly before the January 2025 inauguration. 

The stake matters because World Liberty is seeking a federal trust bank charter for its USD1 stablecoin; the Office of the Comptroller of the Currency granted conditional approval on Aug. 14, with final sign-off pending. Tahnoon’s group and a Trump-affiliated entity together control about 87% of the bank’s holding company, according to The Wall Street Journal.

House Democrats asked Treasury Secretary Scott Bessent in February to investigate the deal and sought suspicious activity reports tied to the family’s ventures. Those requests carried no legal force. Senate Democrats on the Permanent Subcommittee on Investigations, led by Richard Blumenthal, opened their own inquiry into the TRUMP token and World Liberty earlier this year.

The second target is the October 2025 pardon of Zhao, whose exchange helped launch USD1 and was hacked for $6.34 billion last week. Zhao has said he has no business ties to the Trump family and did not discuss clemency with them. Trump’s 2025 financial disclosure listed more than $1 billion in crypto-related income, including about $635 million in TRUMP memecoin royalties; Reuters put the family’s crypto earnings at $2.3 billion or more.

What the Trump probes can and cannot do

The investigations will not produce legislation. Trump has said he could become “Mr. Veto,” and Democrats lack the two-thirds majority in either chamber to override him. The White House dismissed the plans before the vote; spokeswoman Lauren Bis called them a “decade long witch hunt.” 

Democrats expect the administration to invoke executive privilege and slow-walk requests, as it did in Trump’s first term, and plan to subpoena private entities tied to the family instead.

The damage for crypto is political rather than statutory. TD Cowen’s Jaret Seiberg wrote Wednesday that the investigations “may make it impossible to advance a version of Clarity that the crypto sector could back,” and Bloomberg Intelligence has flagged crypto, defense and technology as the sectors most exposed to probes. 

This post Democrats to Target Trump’s Crypto Ventures After Taking Congress first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

The CEO’s vesting incentive and a $20 million growth commitment leave capital allocation between foundation earnings and any future holder benefit.

Read the full story on CryptoSlate

Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox

Bitcoin surged more than 5% from its election-night low to reclaim $80,000 for the first time since Binance's record hack. The cryptocurrency extended its recovery from approximately $75,600 on Wednesday, shaking off concerns that Democrats' takeover of Congress would undermine President Donald Trump's crypto-friendly agenda. According to CoinGlass data, this rally liquidated $453.32 million in…

Read the full story on CryptoSlate

Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox

Kalshi's scheduled closures and Coinbase's September 2026 proposal show why no expiry does not guarantee an available closing trade.

Read the full story on CryptoSlate

Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox

Nearly flat implied network growth offers limited relief when hedges still leave miners exposed to costs and delivery.

Read the full story on CryptoSlate

Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox

October 30 effectiveness satisfies one condition, while the original full share allowance illustrates $62.5 million at November 3’s close before discounts and expenses.

Read the full story on CryptoSlate

Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox

Sam Bankman-Fried is the founder of the crypto exchange FTX and has been serving a 25-year prison sentence since 2024. A jury in Manhattan found him guilty on seven counts in November 2023 for moving billions in FTX customer funds to his trading firm Alameda Research. In June 2026, a US appeals court upheld the verdict, and since September his petition has been with the Supreme Court. For investors in Europe the case is more than a courtroom story: it shows why a balance on an exchange is, legally, a claim against the operator, and why the EU's MiCA regulation requires customer funds to be held separately.

This overview traces Bankman-Fried's path, from celebrated founder to failed appeal. It explains how FTX customers are being repaid, why 105 percent is less than it sounds, and what the collapse teaches you about holding Bitcoin and other coins yourself. It is based on court rulings, statements from US prosecutors and the publications of the FTX Recovery Trust.

Who is Sam Bankman-Fried? From quant trader to FTX founder

Sam Bankman-Fried, known in the industry simply as SBF, grew up as the son of two Stanford University law professors and studied physics at MIT. He then traded exchange-traded funds at the trading firm Jane Street. A quant trader exploits price differences using mathematical models and automated strategies rather than gut feeling.

In 2017, Bankman-Fried founded the trading firm Alameda Research. At first it made money from the so-called kimchi premium, the fact that bitcoin traded at a higher price on South Korean exchanges than in the US. In 2019 came the crypto exchange FTX, based in the Bahamas, which specialised in derivatives such as futures and perpetuals. Within three years FTX rose to become one of the largest exchanges in the world. In early 2022, investors valued the company at $32 billion.

In public, Bankman-Fried presented himself as the opposite of the crypto fortune hunter cliché. He championed effective altruism, a school of thought that directs donations according to measurable impact, spoke to the US Congress about regulation and gave large sums to politicians of both parties. FTX bought the naming rights to a basketball arena in Miami and advertised with sports stars. That image made the later collapse all the more unexpected for many customers.

Alameda Research and FTX: how customer funds flowed to the hedge fund

The core of the case lies in the link between the exchange and the trading firm. Formally, FTX and Alameda Research were separate companies, but Bankman-Fried owned the majority of both. According to the findings of the criminal trial, Alameda enjoyed special privileges on FTX: the trading firm was allowed to run a negative balance without the system force-closing its positions, and in effect had a line of credit funded by customer deposits.

The US Attorney's Office for the Southern District of New York put the damage at around $8 billion in customer funds. According to the indictment, the money went into Alameda's losses, into real estate in the Bahamas, into venture investments and into political donations. Customers knew nothing about it. Most assumed that their deposits sat at FTX and could be withdrawn at any time.

The exchange's own token, FTT, played an important role. Alameda held large amounts of it and used it as collateral for loans. The value of that collateral depended entirely on confidence in FTX. An exchange token is a coin issued by a trading platform itself, usually offering fee discounts or other perks on that platform. When confidence in the exchange falls, the token falls with it, and so does any collateral built on it.

FTX collapse in November 2022: nine days to the bankruptcy filing

On November 2, 2022, the trade publication CoinDesk reported on an Alameda balance sheet in which a large share of the assets consisted of FTT. A few days later, Binance chief Changpeng Zhao announced that Binance would sell its FTT holdings. Customers then pulled out billions within a short time. FTX halted withdrawals, and an announced rescue takeover by Binance collapsed after one day.

On November 11, 2022, FTX, Alameda Research and around 130 affiliated companies filed for creditor protection in Delaware under Chapter 11 of the US Bankruptcy Code. Chapter 11 is a procedure in which a company is restructured or wound down under court supervision while creditors wait for an orderly distribution. Bankman-Fried stepped down as chief executive. His successor, John J. Ray III, a restructuring specialist who had previously overseen the wind-down of Enron, spoke of a failure of corporate controls unlike anything he had ever seen.

That cut-off date later became decisive for every customer. The bankruptcy process values each claim as of November 11, 2022, the day of the filing. At the time, bitcoin traded at around $17,000. What that means for today's repayment is explained further below. We have explained how customer balances are treated legally when an exchange goes bankrupt in a separate guide.

Guilty on seven counts: the 2023 criminal trial in Manhattan

In December 2022, Bankman-Fried was arrested in the Bahamas and extradited to the United States. The trial began in October 2023 before the federal district court in Manhattan under Judge Lewis Kaplan. The indictment comprised two counts of fraud and five counts of conspiracy, including conspiracy to defraud customers and lenders and to commit money laundering.

Three former confidants who had previously pleaded guilty testified against him: Caroline Ellison, head of Alameda Research, FTX co-founder Gary Wang and engineering chief Nishad Singh. Bankman-Fried himself took the stand. He admitted mistakes in running the company but denied having stolen money. On November 2, 2023, after only a few hours of deliberation, the jury found him guilty on all seven counts.

His co-defendants received much lighter sentences because they had cooperated with prosecutors. Ellison was sentenced to two years in prison in September 2024, while Wang and Singh avoided further prison time. Ryan Salame, a former FTX executive, received seven and a half years in May 2024 for illegal campaign contributions and for operating an unlicensed money transmitting business.

A 25-year sentence and $11 billion in forfeiture

On March 28, 2024, Judge Kaplan handed down the sentence: 25 years in prison and the forfeiture of around $11 billion. Forfeiture is a court order to surrender assets derived from a crime to the state. In the US, that money can flow to victims through a separate procedure. Prosecutors had asked for 40 to 50 years, the defence for no more than six and a half.

Kaplan justified the sentence by saying that Bankman-Fried had known his actions were wrong. In the judge's words, he had made a very bad bet about whether he would get caught. According to Reuters, Bankman-Fried is held in a low-security federal prison near Santa Barbara, California. If the verdict stands, Reuters reports, he will be released in 2044 at the earliest.

Appeal rejected: the Second Circuit upholds the verdict

Bankman-Fried appealed both the verdict and the sentence to the US Court of Appeals for the Second Circuit in New York. His lawyers argued that Judge Kaplan had wrongly excluded evidence showing that FTX had enough assets to repay all customers. They also argued that Kaplan had restricted the defendant's own testimony too heavily.

On June 12, 2026, a three-judge panel unanimously rejected the appeal. Judge Barrington Parker described the prosecution's evidence as robust, to put it mildly. Bankman-Fried, he wrote, had publicly assured customers, investors and regulators that their funds were safe while using FTX as his personal piggy bank.

One sentence in the ruling is decisive in legal terms: FTX customers were defrauded the moment their money flowed to Alameda, no matter how firmly Bankman-Fried believed they would later be repaid. This means it makes no difference to his criminal liability that customers are now getting back more than their dollar claims. As we had already reported in April 2024 when the appeal proceedings began, the defence was relying on exactly that argument.

Supreme Court and a pardon: Bankman-Fried's last options

On September 10, 2026, Bankman-Fried petitioned the Supreme Court to hear his case. The petition challenges the conviction and the $11 billion forfeiture, which in the defence's view violates the ban on excessive fines in the Eighth Amendment to the US Constitution. The nine justices decide at their own discretion whether to take a case. Four of them must agree, and the court accepts only around 1 percent of the petitions it receives. As of early November, no decision on the petition had been made.

There is also the political route. According to the Office of the Pardon Attorney at the US Department of Justice, as cited by Reuters in June, Bankman-Fried has asked President Donald Trump for a pardon. Whether that will happen is unclear. In 2025 Trump pardoned Binance founder Changpeng Zhao, although Zhao's conviction concerned violations of anti-money laundering rules and not fraud against customers. Neither the White House nor the Department of Justice has commented. You should treat reports of an imminent pardon without an official source as rumours.

FTX repayment: 105 percent based on 2022 dollar values

Alongside the criminal case, the wind-down of FTX continues. The bankruptcy plan has been in force since January 2025, and the FTX Recovery Trust handles the payouts. According to trade media, it had distributed around $10.3 billion to creditors by the end of June 2026. On March 31, 2026, the fourth round paid out around $2.2 billion, followed by around $900 million in the fifth round on July 31.

After the fifth round, customers of the international platform FTX.com, class 5A in the plan, stand at 105 percent of their allowed claim. Customers of the US platform are also at 105 percent, general unsecured creditors at 103 percent, and small claims, the so-called convenience claims, at 120 percent. As of early November, no date for a sixth round had been published.

The percentages refer to the dollar value as of November 11, 2022. Anyone who held one bitcoin on FTX at the time has a claim of around $17,000 and receives 105 percent of it, or just under $18,000. In early November, one bitcoin cost between $77,000 and $81,000. Measured in coins, such a customer therefore gets back less than a quarter of their former holdings. For Solana the gap is even wider: SOL cost less than $20 in November 2022 and just under $100 in early November 2026. Creditors challenged this valuation in court, but bankruptcy law prescribes the cut-off date.

FTX customers in Europe: FTX EU, Backpack and the claims portal

For customers in Germany and the rest of the EU there are two routes, depending on which FTX entity held the account. FTX EU was a subsidiary licensed in Cyprus that the provider Backpack Exchange acquired from the bankruptcy estate. Backpack has set up its own refund procedure with identity verification for euro balances at FTX EU, separate from the bankruptcy plan in the US. EU customers who registered with FTX before March 7, 2022, on the other hand, count as customers of FTX International and go through the general procedure.

For the general procedure, you have to log in to the claims.ftx.com portal, complete identity verification, submit tax forms and choose one of the three distribution agents, BitGo, Kraken or Payoneer. Only then does the trust pay out on the next distribution date. According to reports on the trust's quarterly report, $59 million was still set aside at the end of June for creditors who had not completed these steps.

How the German tax office treats a repayment from the FTX proceedings has not been conclusively settled. Among other things, it depends on when you bought the coins and whether you have already claimed a loss. Keep account statements, the claim confirmation and every payment from the trust on file before you submit your tax return.

The lesson from FTX: what MiCA requires for the custody of customer funds

The collapse of FTX came at a time when the EU was working on its Markets in Crypto-Assets Regulation, MiCA for short. The regulation requires providers to hold their customers' crypto assets and funds separately from their own and prohibits them from using them for their own account. That separation is exactly what was missing at FTX. Since the end of the transition period, exchanges serving customers in Germany need a MiCA licence. We summarise the obligations that come with a MiCA licence on a separate page.

A licence does not make an exchange invulnerable, but it does change the starting position. A supervisor such as Germany's BaFin or its sister authorities in other EU countries examines capital, custody and management, and segregated custody makes it easier to return assets to customers in an emergency. When you choose a platform, a look at the comparison of regulated crypto exchanges should therefore be the first step, before fees and coin selection.

The second lesson concerns self-custody. Coins on an exchange are, legally, a claim against the operator. Coins in your own wallet, whose private key only you know, belong to you. A hardware wallet is a small device that stores this key offline and signs transactions only after you confirm them on the device. For amounts you are not actively trading, this is the form of custody that rules out a case like FTX.

Sam Bankman-Fried: free in 2044 at the earliest, but the lesson applies today

Whether the Supreme Court takes the case will be decided in the coming months, and a pardon remains speculation. Neither changes much for investors. The case points to three concrete steps for how you hold your own assets:

1. Keep holdings off the exchange: What you hold for the long term belongs in your own wallet. The hardware wallet comparison shows devices, prices and the differences in how they secure the key.
2. Trade only with licensed providers: Before opening an account, check whether the exchange has a MiCA licence and where it is supervised. You will find an overview by fees and licensing in the crypto exchange comparison.
3. Document every transaction: In an emergency, a complete record determines your claim and its tax treatment. A tool from the crypto tax software comparison records purchases, sales and holdings automatically.

(As of November 4, 2026. This article is not investment advice. Prices and fee structures change; check the terms with the provider before you buy.)

At 19:27 CET, Scott Colom led Cindy Hyde-Smith in the Mississippi Senate race by 65 votes, 48.9 to 48.9 percent with 95.6 percent of the expected vote counted, according to NBC News, based on AP data. No winner has been called.

Scott Colom, a Democratic district attorney, ran against Republican Senator Cindy Hyde-Smith. A win would make Colom the first Black senator from Mississippi since Blanche K. Bruce, who left office in 1881, and the first Democrat from the state to win a Senate election since John C. Stennis in 1982. There is no runoff in this race: the candidate with the most votes takes the seat. Independent Ty Pinkins has 19,938 votes, many times the gap between the two. The outcome now depends on ballots still to be counted, above all affidavit ballots.

Mississippi Senate race: the key facts

• Status (19:27 CET): Colom 462,857 votes (48.9 percent), Hyde-Smith 462,792 (48.9 percent), 95.6 percent counted.
• Ballots to come: early on Wednesday the Colom campaign estimated 10,000 to 15,000 affidavit ballots, and mail ballots can arrive until 10 November.
• Official result: counties report by 13 November, the Secretary of State declares the result on 3 December.
• 2024: Donald Trump won Mississippi in 2024 with 747,744 votes to 466,668 for Kamala Harris, a margin of 22.9 points.
• Crypto and AI money: $494,527 from the AI committee American Mission for Hyde-Smith, according to Tech Influence Watch.
• Prediction market: Colom 90.0 percent, Hyde-Smith 10.2 percent on Polymarket (19:27 CET).

Mississippi Senate race results: how the count stands

Hyde-Smith led for most of election night. Colom closed the gap as late returns came in from Hinds County and from majority-Black counties in the Delta and Southwest Mississippi. At 12:05 a.m. Central his lead was 28 votes, 462,779 to 462,751. Shortly after midnight, Hinds County officials paused the count for the night. From then until 19:27 CET, Colom's total grew by 78 votes and Hyde-Smith's by 41. AP's estimate of the expected vote implies about 44,000 votes still out, with the largest shares in Hinds, Rankin, Harrison. That is itself an estimate, so the real number may be lower.

The Colom campaign estimated around 10,000 to 15,000 affidavit ballots outstanding, and the Hyde-Smith campaign said its internal numbers showed she would win. An affidavit ballot is a provisional ballot, cast for example when a voter has no acceptable photo ID or is at the wrong precinct, and it is generally reviewed and counted after Election Day. Hyde-Smith declared victory on Tuesday night. Colom told supporters on Wednesday: "Where we are, where the ballots are, we're gonna win." Counties report at different speeds, so a lead at this stage can still move in either direction until the race is called.

Recount in Mississippi: what the rules say about a very close race

The next steps come from the Secretary of State's 2026 elections calendar:

The state's county election handbook describes no recount procedure. It gives every candidate the right to a full examination of the ballot boxes within 12 calendar days after certification. Its section on contesting a general election covers county and county district offices and refers legislative seats to a separate rule, and a US Senate seat is not listed there. A bill for a mandatory recount, House Bill 1026, died in committee on 3 February. The US Constitution makes each chamber the judge of the elections of its own members.

Our assessment: if the gap stays in the dozens, the review of affidavit ballots in the counties matters more than any later step, because each accepted or rejected ballot can change the lead. Colom has already said "We have an army of lawyers." A dispute that stays open after 3 December could end in the Senate itself.

Mississippi 2024 vs 2026: where the counties moved

Hinds County, home to Jackson, went from D+46.1 in the 2024 presidential race to D+60.8 now, with 90 percent counted. DeSoto County, in the Memphis suburbs, went from R+24.1 in the 2024 presidential race to D+6.1 now, with 95 percent counted. Harrison County, on the Gulf Coast, went from R+28.9 in the 2024 presidential race to R+3.7 now, with 94 percent counted. Rankin County, where Hyde-Smith ran strongest among the largest counties, went from R+47.1 in the 2024 presidential race to R+25.6 now, with 90 percent counted. Across the larger areas with at least half of the count in, the margin moved 19.2 points toward Democrats on average. These figures compare a Senate count with a full presidential count, so the final swing can still change. Hyde-Smith also ran behind her party: the state's Republican House members each led by more than 15 points on the same night.

Who are Scott Colom and Cindy Hyde-Smith?

Colom is district attorney for Mississippi's 16th Judicial District, a post he has held since 2016, and won the Democratic nomination with 73 percent. Hyde-Smith blocked President Joe Biden's nomination of Colom to a federal judgeship in 2023, which left him free to run this year. She is seeking a second full term and won the Republican nomination with 80.8 percent.

The race drew national attention late. President Donald Trump held a rally for Hyde-Smith in Corinth on 26 October, and former President Bill Clinton and former Vice President Kamala Harris campaigned for Colom. On 2 November, The Cook Political Report, NBC News and Sabato's Crystal Ball rated the race Likely Republican, and Silver Bulletin rated it Solid Republican.

Mississippi and crypto: the money behind Hyde-Smith

Tech Influence Watch, the tracker formerly known as Follow the Crypto, lists $494,527 from the AI committee American Mission in support of Hyde-Smith in the general election. Kalshi, Anduril and Coinbase or their executives added $58,500 in direct support. The tracker's Senate entry for Mississippi names support for Hyde-Smith only.

The advocacy group Stand With Crypto scores Hyde-Smith 100 and rates her as strongly supporting crypto, and it lists no stance on crypto for Colom. The seat counts for the next attempt at a market structure law: on 15 September the vote to begin debate on the CLARITY Act failed 49 to 50, with no Democrat voting yes, and it needed 60 votes. The bill lapses when this Congress ends on 3 January, so any new attempt runs through a Senate that includes the winner of this race. Where the bill stands is in our CLARITY Act explainer.

What Mississippi means for the Senate and what Polymarket says

NBC News projects Democrats to control the Senate, with 54 seats for Democrats and 44 for Republicans at 19:27 CET. A Colom win would lift Democrats to 55 seats, a Hyde-Smith win would lift Republicans to 45. Alaska, the other open race, decides the remaining seat. With the majority decided, the races still open decide the size of the margin, not who controls the chamber. All calls are in our midterm results live ticker, the other open race in the Alaska Senate results, and what the majority means for crypto in our piece on the Senate.

Traders put Colom at 90.0 percent and Hyde-Smith at 10.2 percent at 19:27 CET, on a market with $4.5 million in volume. That shows what the market expects. Prediction markets can move quickly on early counts. If you hold coins through a week like this, compare regulated crypto exchanges and crypto brokers first. This article is not investment advice.

Title photo: Michael Barera, Wikimedia Commons, CC BY-SA 4.0.

One Dogecoin costs around $0.0775 on Wednesday evening, November 4, 2026, roughly €0.069. In dollars that looks like a small recovery, since DOGE has gained just under 6 percent since the election-night low. Convert the Dogecoin price into Bitcoin, however, and a different number emerges: one DOGE is now worth just 96 satoshi, or 0.00000096 BTC. A year ago it was 160 satoshi. In the past twelve months, the ratio has been lower on only two days, October 25 and 26.

What is documented: CoinGecko daily prices and Blockchair network data show a Dogecoin that has lost 40 percent of its value against Bitcoin over a year, while just over 13.5 million new DOGE are created every day. Our assessment follows further down: without new demand, a recovery in step with Bitcoin is not enough to turn this ratio around.

cryptoticker.io compiled this analysis itself on November 4, 2026. It is based on 365 daily closing prices of Dogecoin and Bitcoin in dollars and on the network status of the Dogecoin blockchain, with 1,354 blocks in the past 24 hours.

Dogecoin price in satoshi: 96 compared with 160 a year ago

A satoshi is the smallest unit of Bitcoin, one hundred-millionth of a BTC. Quoting an altcoin's price in satoshi strips out the dollar and shows only how the coin is faring against Bitcoin. On November 5, 2025, one DOGE cost $0.1625 and one Bitcoin around $101,500. That gave 160 satoshi per DOGE. Today, $0.0775 stands against just over $80,600, which works out at 96 satoshi.

In dollar terms, Dogecoin has therefore lost 52 percent within a year, Bitcoin 21 percent. The gap is the real finding: DOGE fell more than twice as hard as the market it depends on. The ratio reached its twelve-month high on November 26, 2025, at 175 satoshi. Since then it has trended lower with interruptions, by almost 14 percent in the past 30 days alone.

The numbers at a glance

• DOGE in dollars today: 0.0775, a year ago 0.1625
• DOGE in satoshi today: 96, 30 days ago 111, 180 days ago 137
• Twelve-month low: 95.9 satoshi on October 26, 2026
• Twelve-month high: 175 satoshi on November 26, 2025

DOGE/BTC ratio: how the number is calculated and what it measures

The ratio is simply the Dogecoin price divided by the Bitcoin price. If both rise by the same percentage, it stays the same. It falls when DOGE rises less or falls more than BTC. For an investor in Germany this is more than a curiosity, because many hold Dogecoin not instead of Bitcoin but alongside it. The ratio then shows which part of the portfolio has cost money in recent months.

Traders also read the pair as a sentiment gauge for speculative coins. A rising DOGE/BTC ratio means money is moving out of Bitcoin into riskier assets. A falling one shows investors cutting risk and preferring to stick with the largest coin. That is exactly the pattern the data has shown since the spring.

After the US election: DOGE rises in step with Bitcoin, Ether pulls ahead

Overnight into Wednesday, as the midterm results came in, the market fell to its daily low. At 4 a.m. German time, DOGE stood at $0.0732, Bitcoin at $76,200 and Ether at $2,245. By Wednesday evening, Dogecoin and Bitcoin had each gained 5.8 percent. Ether rose 8.5 percent over the same period, as our article on Ethereum's jump above $2,400 describes.

For the ratio, that means standstill: DOGE took part in the rebound but did not claw back a single satoshi. In the past, Dogecoin often rallied harder than Bitcoin in phases like this, because retail investors like to reach for the louder coin after a scare. This time that lever was missing. At the same time, institutional investors pulled money out of Bitcoin funds, with ETF outflows above $1 billion. An environment in which even Bitcoin is losing buyers rarely helps a meme coin.

What is going on with Dogecoin? 13.5 million new DOGE every day

One reason for the weakness lies in the design of the coin itself. Dogecoin has no supply cap. Miners receive 10,000 new DOGE for every block, and according to Blockchair, 1,354 blocks were found in the past 24 hours. That amounts to 13.54 million new coins in a single day, just over $1 million at today's price. The schedule calls for 1,440 blocks a day; why fewer are currently being produced was shown in our analysis of the block rate on October 28.

With around 172.3 billion DOGE in circulation, today's new issuance equals annual inflation of just under 2.9 percent. Bitcoin has been below 1 percent since the 2024 halving. The difference bites every day: for the Dogecoin price merely to stand still, buyers have to invest about $1 million more each day than sellers withdraw. For Bitcoin, that requirement is much smaller relative to its market capitalisation.

On-chain activity: 24,355 transactions a day, 42 percent fewer addresses

The network data shows that usage has also declined. Blockchair counted 24,355 transactions on the Dogecoin blockchain over the past 24 hours. For the week starting October 28, CoinCentral, citing Dogechain, puts the figure at around 156,972 transactions, 41 percent fewer than a year earlier. Active addresses fell to a daily average of about 32,659, down around 42 percent, and new addresses by 55 percent.

For Dogecoin, on-chain data is only part of the picture. Most trading runs through exchange accounts and never shows up on the blockchain. A drop in addresses therefore does not mean nobody trades DOGE any more. It does show that fewer people hold the coin themselves or pay with it. New projects such as the payment service from Dogecoin Labs, launched in October, have not moved these numbers so far.

US ETFs with $12.9 million: less than two weeks of new issuance

For Bitcoin, exchange-traded funds carry a large share of demand. For Dogecoin, that buyer is largely missing. According to CryptoETF.today data cited by CoinCentral, the US Dogecoin funds together managed about $12.9 million in early November. Since launch, net inflows have totalled around $15.1 million, with only $1.8 million in the last 30 trading days and nothing at all on November 2.

A comparison of our own makes the scale tangible: total fund assets equal less than two weeks of new issuance. Even if the funds bought up every new DOGE, they could not permanently offset miners' selling pressure. Investors in Germany who use a securities account can trade Dogecoin as an ETP on Xetra; how such products differ from ETFs is explained in our guide to crypto ETFs in Germany.

Dogecoin price levels: resistance at $0.0792, support at $0.0724

Our article on Tuesday, Dogecoin price at $0.075 after House of Doge's Nasdaq exit, put support at $0.0731 and resistance at $0.079. Since then the picture has shifted only slightly. Support held narrowly on election night, with the 24-hour low at $0.0724. On the upside, DOGE reached $0.0781 and stayed below resistance.

CoinCentral puts the next hurdle at $0.0792, followed by the zone from $0.083 to $0.085, where a trend line broke in October. On the downside, support sits at $0.068, which also marks the yearly low in dollars: the lowest daily close of the past twelve months was $0.0690. A close below that would completely erase the recovery since election night. In satoshi terms, the level is clearer: at today's Bitcoin price, 100 satoshi equals about $0.0806. Only above that would DOGE have regained ground against Bitcoin.

Liquidation in futures: a 10x long breaks below $0.070

If you trade DOGE via leveraged futures rather than buying it directly, you should recalculate the levels. A 10x long opened at $0.0775 is liquidated at about $0.070, depending on the exchange and margin buffer. That is only a fraction below the $0.0724 support and above the yearly low. A pullback like the one on election night would almost have wiped out the position. With 5x leverage, the threshold is close to $0.063 and thus below every level of the year.

In the EU, leveraged products are only available to retail investors through providers with the appropriate authorisation, and losses can wipe out the entire stake. If you are looking into this, our comparison of crypto brokers sets out the providers' terms.

Swapping DOGE into Bitcoin: the tax office treats the swap as a sale

The weak ratio leads some investors to consider switching Dogecoin into Bitcoin. For tax purposes, that is not a neutral move. In Germany, exchanging one coin for another counts as a disposal under Section 23 of the Income Tax Act. If the DOGE were bought less than a year ago, a gain is taxable once all private disposal gains for the year reach the €1,000 exemption limit. A loss on the swap, on the other hand, can be offset against other private disposal gains in the same year.

After a holding period of more than twelve months, the swap is tax-free. Whether this holding period will remain is being debated in Berlin; our overview of the crypto holding period reform summarises where things stand. If you have made many purchases at different times, it is hard to get the right cost basis without records. A crypto tax tool matches purchases using the FIFO method and shows before the swap which coins are already tax-free.

Custody: moving DOGE to your own wallet costs less than a cent

The low network load has a practical upside. According to Blockchair, the median fee for a Dogecoin transaction over the past 24 hours was 0.0076 DOGE, or about 0.6 cents. Even the average, pushed up by a few large transfers, stayed below 3 cents. If you want to move your DOGE from an exchange into your own custody, the network charges almost nothing; the exchange's withdrawal fee is usually the bigger item.

After the Binance hack at the end of October, many investors withdrew their coins. For larger holdings, a hardware wallet is the usual solution, because the private key never leaves the device. Our hardware wallet comparison shows which devices support Dogecoin. If you want to buy DOGE for the first time, you will find providers with a MiCA licence in the comparison of regulated crypto exchanges.

Editorial view: why the satoshi low matters more than the dollar price

Our assessment: Dogecoin's dollar price moves with the market as a whole, whereas its ratio to Bitcoin shows the coin's own strength. That strength has been missing for months. The evidence is above: a 40 percent loss against Bitcoin in a year, just over 2.9 percent inflation, funds with $12.9 million in assets and a post-election recovery exactly as large as Bitcoin's. It follows that DOGE is currently traded mainly as an appendage of the market.

On the other side, the ratio already turned once at 95.9 satoshi at the end of October and recovered to 98 satoshi. A second test of the same zone can mark the start of a bottom if the market seeks risk again. According to CoinCentral, the analyst Trader Tardigrade wrote on X on November 4 that a monthly indicator is back in a zone last seen before a big rally. That is a reading of chart patterns, not evidence of a turnaround. We do not derive a buy or sell recommendation from any of these points.

Dogecoin at 96 satoshi: only above 100 does the picture change

For the coming days, three things can be pinned down:

1. Watch the ratio, not just the dollar price. If DOGE holds the zone around 96 satoshi and rises above 100, the coin is catching up with Bitcoin. If it falls below, the October low has been broken. Most crypto exchanges show the price in euros and satoshi directly in the trading pair.
2. Clarify the holding period before a swap. Switching DOGE into BTC is a sale for tax purposes. Check beforehand which of your coins are older than a year; a tax tool shows that at the push of a button.
3. Align leverage with support. The levels at which election night turned and where the yearly low sits are $0.0724 and $0.068. If you trade, set stops and liquidation thresholds at a distance from them; the terms are in the broker comparison.

(As of November 4, 2026. This article is not investment advice. Prices and fee structures change; check the terms with the provider before you buy.)

The Ethereum price jumped above $2,400 on Wednesday, November 4, 2026. In the afternoon, Ether cost around $2,421 according to CoinGecko, roughly €2,155, up 5.4 percent from 24 hours earlier. The rise is part of a broad recovery after election night in the US, but it is markedly stronger for Ether than for Bitcoin, which gained 3.6 percent over the same period to just over $80,300.

For investors in Germany, this is a day when the details are worth a closer look: where the momentum is coming from, which chart levels now matter and what buying or selling in this environment means for tax and custody. This article puts the numbers in context without forecasting a direction.

Ethereum price on November 4: from $2,245 to $2,421 in twelve hours

The day started weakly. Overnight, as the first results of the congressional elections came in, the Ether price slipped to around $2,245 at 3 a.m. UTC; CoinGecko recorded the 24-hour low at $2,226. After that, the price turned higher. By 9 a.m. UTC, Ether stood at about $2,320, and in the early afternoon it hovered around $2,310. The real jump came with the Wall Street open: between 1 p.m. and 4 p.m. UTC, the price climbed from just over $2,310 to above $2,420.

Measured from the overnight low, Ether has thus recovered almost 8 percent within twelve hours. Over seven days, CoinGecko shows a gain of 3.9 percent, while over 30 days it is still down about 10.5 percent. The recovery is strong, then, but does little yet to reverse the decline since early October.

A word of context: trading volume is the sum of all purchases and sales of a coin over a period. For Ether, it was around $14.3 billion over the past 24 hours according to CoinGecko, with market capitalisation at just under $296 billion.

US midterms and the stock market: the trigger for the recovery

Politics set the backdrop. In the congressional elections of November 3, the Democrats won the majority in Congress, according to consistent reports. Bitcoin briefly fell to around $75,600 on election night at 3 a.m. UTC, according to CoinDesk, and recovered afterwards. US stock futures also turned positive early on Wednesday.

According to Cointelegraph, S&P 500 futures initially fell as low as 7,490 points, the lowest level since July 31, and then rose to 7,690 points. At the Wall Street open, Bitcoin returned above $80,000. At the same time, the oil price fell: US crude WTI slipped below $93 a barrel, a weekly decline of up to 11.9 percent.

James Butterfill, head of research at asset manager CoinShares, said according to Cointelegraph that real yields, dollar liquidity and inflows into exchange-traded products carried more weight for Bitcoin than the elections. A lower oil price could dampen inflationary pressure and temper expectations of further rate hikes. That is an assessment, not a firm forecast, but it explains why the market put election night behind it within a few hours.

Ether vs Bitcoin: the ETH/BTC ratio rises 2.2 percent

The ETH/BTC ratio shows how many Bitcoin one Ether is worth. When it rises, Ether is performing better than Bitcoin. In the afternoon it stood at 0.0302 according to CoinGecko, 2.2 percent higher than the previous day.

Among the large coins, Ether was the strongest performer on Wednesday. Chainlink and Cardano each gained just under 4 percent according to CoinGecko, XRP and Solana just under 3 percent, and BNB around 2 percent. Applications on the Ethereum blockchain also picked up: CoinDesk's DeFi index, which bundles the large protocols for decentralised financial services, rose about 5 percent in the morning, making it the strongest group in the market.

There is no single documented piece of news that on its own explains Ether's lead. CoinDesk gives no specific reason for the rise beyond the general recovery. Experience shows that Ether reacts more strongly than Bitcoin in recovery phases because the coin is more volatile; as a cause for this particular day, however, that is an interpretation, not evidence.

Liquidations and open interest: new positions rather than a pure short squeeze

A liquidation is the forced closure of a leveraged position when the collateral posted is no longer sufficient. In rapid upward price moves, it mainly hits short positions, that is, bets on falling prices. On the morning of November 4, CoinDesk reported liquidations across all derivatives exchanges of $469 million over 24 hours, up 22 percent from the previous day.

That is well below $1 billion, a level reached only on genuine sell-off or squeeze days. A second number matters more: open interest, the value of all open futures contracts, rose 4.2 percent for Ether according to CoinDesk, while the price was up 2.7 percent at that point. When price and open positions rise together, new money is flowing into the market. The rise is therefore not based only on short positions having to be closed out.

Options market and funding rate: caution beneath the surface

The funding rate is a balancing payment between buyers and sellers of futures contracts with no expiry, known as perpetuals. When it is positive, buyers pay. According to CoinDesk, it was positive for Bitcoin and Ether on Wednesday, meaning most of the derivatives market was betting on rising prices.

The options market, by contrast, showed caution. Of the six most traded Ether options, four were puts, that is, hedges against falling prices, according to CoinDesk, while calls dominated for Bitcoin. Some investors are evidently using the rise to protect themselves against a setback.

The mood is reflected in the Fear and Greed Index from alternative.me, which condenses market data into a number between 0 and 100: it rose from 26 the previous day to 34, but remains in fear territory.

Chart levels for Ether: $2,350, $2,473 and $2,506

A moving average is the mean of closing prices over a fixed number of days. It smooths out swings and serves many traders as a trend line. According to cryptoticker.io calculations based on CoinGecko daily closing prices, Ether's 20-day average is around $2,351 and its 50-day average around $2,506.

That gives three levels. On the downside, the zone around $2,350 is the first support, followed by the election-night low around $2,230. If the price falls below that, the $2,000 level we reported on on November 3 comes back into view. On the upside, the next level is the daily close of October 22 at around $2,473, then the 50-day average at $2,506. Only a close above that would formally break the downtrend that has been in place since early October.

Chart levels are reference points, not guarantees. Especially after a day with an 8 percent range between low and high, they can quickly be crossed in either direction.

Buying Ether with a MiCA licence: how to buy in Germany

If you want to buy or add to your position after the rise, start by checking the trading venue. Since the EU's MiCA regulation took effect, crypto service providers in the EU need authorisation as a crypto-asset service provider, or CASP. Whether a provider has it is shown in the public register of the European securities regulator ESMA. You can find an overview of providers with this authorisation in our comparison of regulated crypto exchanges.

On days with big swings, order types also matter. A limit order sets the maximum price at which you buy. A market order is executed at the current price, which in fast phases can differ significantly from the last price displayed. Buying in stages spreads the risk of a poor entry across several dates.

Holding period and staking: the tax side of buying Ether

In Germany, gains from selling Ether are tax-free as a private disposal transaction if more than a year passes between purchase and sale. If you sell within this holding period, the gain is taxed at your personal income tax rate, provided all private disposal gains for the year together reach the €1,000 exemption limit. Buying today therefore starts a new one-year period for exactly these coins.

Staking means locking up Ether to help secure the Ethereum blockchain and receiving rewards in return. Under the Federal Ministry of Finance letter of May 10, 2022, staking does not extend the holding period to ten years. The rewards themselves, however, count as other income when received. If you make several purchases at different prices, you need a clean record of which units were bought when; without that documentation, your tax return quickly turns into guesswork.

Leveraged products and liquidation: the risk in fast swings

Wednesday shows how quickly leveraged positions can flip. Almost 8 percent lay between the overnight low and the afternoon level. With 10x leverage, a 10 percent move against the position mathematically means losing the entire collateral; depending on the exchange and fees, liquidation kicks in even earlier.

If you trade futures, you should therefore know the leverage, the liquidation price and the current funding rate before opening a position. For most retail investors, buying without leverage is the clearer route, because a price drop then only reduces the book value and does not trigger a forced closure.

Storing Ether: exchange account or hardware wallet

Holding Ether in an exchange account is convenient, but the exchange holds the private keys. A hardware wallet is a small device that stores the keys offline and only releases transactions after you confirm them on the device. For larger amounts meant to be held beyond the one-year holding period, it is the obvious choice for many investors.

One important point when moving funds: the seed phrase, the sequence of words used to restore the wallet, belongs only on paper or metal, never in a cloud service or a chat. A small test transfer before the actual transaction costs little and protects against a wrongly copied address.

Ether at $2,421: the trend only turns above $2,506

Ether has digested election night faster than Bitcoin and posted the strongest rise among the large coins on Wednesday. Rising open interest points to fresh money, the many puts in the options market to caution. Whether the recovery becomes a trend reversal will be decided in the zone around $2,500. Three steps help you sort out the situation for your own portfolio:

1. Check the venue: buy only from a provider with a MiCA licence and use limit orders in big swings. Our comparison of regulated crypto exchanges gives an overview.
2. Record purchase dates: every purchase starts its own one-year holding period. A crypto tax tool automatically matches purchases, sales and staking income.
3. Settle custody: holdings you plan to keep for longer belong in your own wallet. Our hardware wallet comparison shows which devices are suitable.

(As of November 4, 2026. This article is not investment advice. Prices and fee structures change; check the terms with the provider before you buy.)

BitMart has been hacked a second time. On November 2, 2026, around $391,000 flowed out of wallets mostly attributed to the exchange, according to an analysis by the data service Bitquery. Founder Sheldon Xia confirmed the attack on X the following day and described the amount as small. As things stand, the incident does little to change the scale of your frozen BitMart balance, but it does change the situation: the exchange is in the middle of a restructuring, its security team is, in Xia's own words, badly understaffed, and the revised plan for creditors is due later in November.

Anyone who still has crypto or stablecoins on BitMart now effectively holds a claim against the exchange rather than a freely available balance. A claim is a right to repayment whose amount and form are only set by a formal process. That is exactly why every record relating to your account matters now. This guide sets out what is known about the hack, how the restructuring proposal of September 30 is structured, which dates lie ahead before a court gets involved and how to document your claim properly. How BitMart switched from winding down to restructuring in August is covered in our piece on the BitMart restructuring and the August 26 deadline.

BitMart hack of November 2: $391,000 drained via Base, Arbitrum and Optimism

Based on the information available so far, the outflows were spread across three layer-2 networks built on Ethereum: Base, Arbitrum and Optimism. A layer-2 network is a separate blockchain layer that bundles transactions and settles them against the Ethereum mainnet. Many exchanges keep their own wallets there to handle deposits and withdrawals cheaply.

The figure of around $391,000 does not come from BitMart itself. The exchange has not yet published its own damage estimate, nor explained how the attackers gained access to the wallets. According to the reports, BitMart has also not confirmed that every address named in the analysis actually belongs to the exchange. Xia wrote, as reported consistently by The Cryptonomist and Coincentral, that the exchange had also been hacked the day before, had investigated immediately and had tightened security. It remains unclear whether customer funds or personal data were affected.

How large is the loss relative to the shortfall?

Set against the $319.5 million shortfall that BitMart itself traces back to the 2021 hack, the roughly $391,000 amounts to about 0.12 percent. Mathematically, the new incident therefore plays a small role in the eventual recovery rate. The point made in the trade press still holds: every dollar lost now is missing at the end from the pool used to pay creditors.

Trail to Mercado Bitcoin: why the on-chain attribution is still provisional

On the same day, a far larger attack hit the Brazilian exchange Mercado Bitcoin. Estimates diverge: Mercado Bitcoin itself cites around $38 million in affected assets, the analytics firm Chainalysis puts it at about $49 million, and other reports mention $36 million. The background to that incident is in our article on the withdrawal freeze at Mercado Bitcoin.

Bitquery traced the BitMart outflows to addresses that also received funds in the Mercado Bitcoin attack. According to its analysis, the BitMart outflows began about 53 minutes before the larger attack. On-chain analysis is the study of publicly visible blockchain transactions to link flows of money to addresses and actors. Such analysis provides indications, not proof: a shared receiving address does not necessarily show that the same group was behind both incidents. Xia speaks of preliminary findings. There has been no formal attribution by investigators so far.

Understaffed security team: Sheldon Xia names the gap himself

What stands out in the statement is less the amount than the explanation. According to the reports, Xia wrote that the security team is currently severely understaffed, but that the company is doing everything it can to protect data and assets. After the switch to restructuring, BitMart kept only a core team. Departures, threats from users and disputes with former employees had made it hard to retain technical staff. Some key people stayed only after one-to-one talks.

This matters for customers because it comes from inside the company. BitMart still holds assets that thousands of users are waiting to have repaid. An exchange in wind-down or restructuring mode has less revenue and fewer staff, yet the same attack surface as before. That says nothing about future incidents. It does explain why many investors, after cases like this, ask themselves how much of their holdings should sit on an exchange at all. If you hold crypto for the long term, you can keep it in your own wallet; our comparison of hardware wallets shows which devices are suitable.

BitMart restructuring since July: from trading halt to the September 30 proposal

The background in brief: on July 26, 2026, after nine years in operation, BitMart announced the gradual closure of its trading platform. New registrations, deposits and new orders were stopped immediately, and trading ended on August 26. According to the reports, final closure is scheduled for January 31, 2027. At the time, the exchange cited operating conditions, the market environment and its future strategic direction as reasons; there was no mention yet of a shortfall.

On August 21, BitMart floated a restructuring as an alternative to a full wind-down and hired the law firm White & Case as legal adviser. On September 9, the consultancy Alvarez & Marsal followed as financial adviser. It is tasked with assessing assets, liabilities and possible ways forward. At the same time, BitMart announced a dedicated web portal through which users can give feedback on the plan. On September 30, the exchange then publicly admitted a shortfall in its holdings and presented a preliminary settlement proposal.

A $319.5 million shortfall: the 2021 hack as the cause

By its own account, most of the gap goes back to the attack of December 2021. At the time, BitMart lost assets worth $319.5 million according to the company, calculated at prices of December 4, 2021. Of that, $164.1 million was in Ethereum, $96.5 million in BNB, $51.5 million in Bitcoin and $7.4 million in other assets. Earlier estimates from 2021 put losses between $150 million and $196 million; the difference is partly explained by different valuation dates.

The exchange kept operating after the incident and funded itself through fees. In 2026, according to BitMart, the situation deteriorated: revenue from trading fees and listings fell, and the futures business made losses, partly because of trader groups exploiting rebate programmes. From May, withdrawals picked up as well. BitMart considered an offer from an investor of $10 million in liquidity too small to close the gap.

Three options in the restructuring plan: liquid assets, Restitution Token and Continuum Token

The September 30 proposal is explicitly preliminary and needs court approval. According to the summary by ForkLog, which draws on the exchange's announcement, creditors are to choose between three routes:

1. Share of the liquid assets: a pro-rata payout from whatever BitMart holds in easily realisable assets. These include fiat money, the stablecoins USDC, PYUSD and USDT, as well as Bitcoin, Ethereum and Solana. The size of the payout ratio is still open.
2. Restitution Token: a token whose value is tied to funds BitMart may recover from the 2021 hack. According to the exchange, a private investigation recently identified assets linked to that attack.
3. Continuum Token: a token tradable on a decentralised exchange, whose value is meant to depend on BitMart's holdings, the sale of illiquid assets and, if the exchange resumes business, a share of future profits.

The basic trade-off in plans like this is almost always the same: an earlier but smaller payment against a later but uncertain recovery. The first option is the most tangible, because it is paid out of existing holdings. The two token variants, by contrast, depend on future successes that nobody can put a number on today. BitMart has said it will calculate the expected recovery rate for each option for all users. Only with those figures can a real decision be made.

Valuing the claims: dollar value from July 26 and an independent assessor

One point in the proposal affects you directly, whichever option you choose later. Account balances are first to be converted into a dollar value. The basis is the weighted average price of each token from July 26 up to a cut-off date that BitMart has yet to set. An independent expert appointed by the court is to review the claims.

For holders, that means your claim will most likely be measured in dollars, not in coins. If a coin rises after the cut-off date, you no longer benefit. If it falls, nobody carries that risk in coins any more either. How long the valuation period ends up being is open and can noticeably shift the value of your claim. If you can document your balance on July 26 and at the end of trading on August 26, you will be in a stronger position if questions come up later.

Timeline to court: revision in November, filing in December or January

Under the proposal, BitMart intended to discuss the key points in October with its 50 largest customers by account balance. Based on their feedback, the plan is to be revised in November. The exchange is aiming to file for court approval in December 2026 or January 2027. Reports on the new hack cite the same timeline. BitMart has not yet said whether the incident changes it.

One detail is reported inconsistently: some trade outlets already describe the restructuring as court-supervised, while others refer to court applications that have yet to be filed. The exchange's own statements point to the latter. Until a court has approved a plan, any recovery rate mentioned is a proposal, not a commitment.

Three dates matter most for you in the coming weeks: publication of the revised plan in November, the worked examples for each option and the actual court filing. Follow announcements on these only through the exchange's official channels.

Documenting your balance: how to secure evidence for your BitMart claim

Whatever the outcome of the process, anyone who can document their claim is in a better position. It makes sense to put together a complete record now, while your account can still be accessed.

• Account balance: screenshots of the asset overview with the date visible, ideally for each coin separately.
• Exports: download your trading and transaction history as a file, if the function is still offered. A complete export is the strongest evidence.
• Withdrawal requests: record every request with date, amount, destination address and, if available, transaction ID, including rejected or pending ones.
• Correspondence: keep emails from BitMart, support ticket threads and confirmations from the feedback portal.
• Deposits: records of when and from where you deposited coins or money, for example from the history of your bank or another exchange.

Store the documents in two places, for example on your computer and in encrypted storage. An exchange that is winding down can switch off functions without much warning.

Phishing after the hack: fake recovery offers and spoofed portals

Every publicised exchange incident is followed by fraud attempts. Phishing is the attempt to obtain login details, recovery phrases or money through fake messages or websites. For BitMart customers, two scams are particularly likely: so-called recovery services that promise, for an upfront fee, to free up your balance faster, and cloned creditor portals that ask for your password and two-factor code.

A legitimate restructuring process will not charge you a fee to register a claim, nor ask for your recovery phrase. Check every link to a portal via BitMart's official channels instead of clicking links in emails or direct messages. Change your BitMart password if you use it elsewhere too, and keep two-factor authentication switched on. Anyone offering you a preferential payout is very likely a scammer.

Crypto tax after an exchange failure: the legal position in Germany is unsettled

Many of those affected ask whether a lost balance counts as a loss for tax purposes. In Germany, crypto assets held privately fall under private disposal transactions under Section 23 of the Income Tax Act. A loss from these generally requires a disposal. Whether a total loss at an exchange, a later partial settlement in dollars or the exchange of a claim for a Restitution Token counts as a disposal has not yet been expressly addressed by the tax authorities.

In practical terms: record acquisition dates and purchase prices now, while you can still access the history. Once a payment or token swap takes place, the tax treatment can be clarified with a tax adviser. Without the original data, there is nothing to base that on.

BitMart balances: until the court filing, every record counts

The second hack barely changes the numbers, but it shows how thin BitMart's staffing has become. Until the revised plan is published in November, there are three things you can do:

1. Secure your holdings: whatever you want to hold yourself in future belongs in your own wallet. The hardware wallet comparison shows which devices are suitable.
2. Review your trading venue: for new purchases, consider an exchange with a MiCA licence that is subject to supervision in the EU. The comparison of regulated crypto exchanges gives an overview.
3. Keep your history: export your BitMart transactions and prepare them for tax purposes. The programs in the crypto tax software comparison can help.

(As of November 4, 2026. This article is not investment advice. Prices and fee structures change; check the terms with the provider before you buy.)

Voters across the United States backed measures to curb data centers, raising new obstacles for the infrastructure powering AI as electricity bills, water supplies, and public oversight dominate the debate.

SEC staff said they view Canton Coin as a digital commodity and won’t recommend enforcement over how it’s minted, a week after DTCC launched a tokenization service that runs partly on the Canton Network.

Coinbase's x402 protocol puts the web's long-unused 402 code to work so AI agents and apps can pay for APIs and data in stablecoins like USDC.

Microsoft and Alphabet surged while Nvidia and Tesla fell, highlighting a divided market as investors reassess Washington's approach to AI and Big Tech.

Bitcoin bounced back after Democrats won control of Congress, but a stalled market structure bill and heavy industry campaign spending reveal crypto’s exposure to shifting US political power.

The XRP Ledger (XRPL) activated a new amendment on Nov. 4, addressing a potential security weakness that could allow unauthorized token issuance while introducing improvements to automated market makers (AMMs) and lending.

Bitcoin miner Riot confirms liquidation of 10,599 BTC, 79% of its crypto holdings, to finance a historic 15-year, $28 billion AI infrastructure deal.

Circle's USDC tightened its grip on the stablecoin market in the third quarter of 2026, accounting for a staggering 79% of total transaction volume as on-chain activity surged to $13.9 trillion.

Apple leads 59 corporate giants to freeze the SEC-backed stock tokenization plan, halting Wall Street's crypto push.

The author of Rich Dad Poor Dad has expressed optimism about the next Bitcoin crash even while the market is still struggling to recover from the recent volatility.

TLDR

• CVS Health stock plunges 12.28% to $80.19 despite stronger third-quarter results.
• CVS reports $108.4 billion in Q3 revenue, marking 5.4% year-over-year growth.
• CVS raises its 2026 adjusted earnings outlook to at least $8.20 per share.
• CVS plans to split its healthcare and retail pharmacy operations by early 2028.
• CVS Pharmacy will manage about 9,000 stores and MinuteClinic healthcare sites.

CVS Health Corporation shares plunged 12.28% to $80.19 on Wednesday despite stronger third-quarter earnings and improved annual guidance. The healthcare giant reported higher revenue but also announced plans to divide its operations into two publicly traded companies. The selloff followed a major restructuring announcement that would reverse years of business integration.

CVS Health Corp., CVS

The stock lost $11.22 during Wednesday’s trading session as the company outlined its latest financial results and corporate plans. CVS reported stronger adjusted earnings and raised its full-year profit forecast following improvements across several business segments. However, the proposed separation introduced major changes to the company’s operating structure and future business strategy.

CVS Health Reports Strong Q3 Earnings and Raises 2026 Guidance

CVS Health reported third-quarter revenue of $108.4 billion, representing a 5.4% increase from $102.9 billion a year earlier. The company also recorded adjusted earnings per share of $2.09, compared with $1.60 during the previous year. Meanwhile, improved performance in its healthcare benefits business helped support stronger operating results.

Following these results, CVS increased its full-year 2026 adjusted earnings guidance to at least $8.20 per share. The company previously expected adjusted earnings between $7.90 and $8.10 per share before announcing the revised forecast. Additionally, management raised its operating cash flow outlook to at least $15.5 billion from the previous $11.5 billion target.

CVS also reported GAAP earnings of $1.68 per share, reversing a loss of $3.13 during the comparable quarter. The previous year’s results included a substantial goodwill impairment charge that affected reported profitability. Furthermore, stronger operating income contributed to improved earnings as the company continued executing its margin recovery strategy.

CVS Health Announces Major Business Separation Plan

CVS Health announced plans to create two independent companies, separating its healthcare services operations from its retail pharmacy business. Under the proposed structure, CVS Health will retain Aetna, CVS Caremark, CVS Specialty, Oak Street Health, and Signify Health. Meanwhile, a separate company named CVS Pharmacy will manage the group’s retail pharmacy and community healthcare operations.

The new CVS Pharmacy business will include approximately 9,000 retail locations alongside MinuteClinic facilities and related healthcare services. This arrangement will establish distinct operating structures for the company’s insurance and retail businesses. Moreover, both companies will pursue their respective growth strategies while retaining opportunities for future commercial partnerships.

The separation represents a major reversal of CVS Health’s longstanding strategy of combining pharmacy, insurance, and healthcare services. Previously, the company expanded its healthcare operations through acquisitions and investments across several parts of the industry. Now, management expects the proposed division to improve business focus and allow each organization greater operational independence.

CVS Stock Slides as Company Targets 2028 Separation

CVS Health expects to complete the proposed separation during the first half of 2028, subject to required approvals. The transaction would create two publicly traded businesses with separate leadership teams and independent operating priorities. However, both companies would continue serving different segments of the broader American healthcare market.

The restructuring follows years of expansion that transformed CVS from a pharmacy retailer into a diversified healthcare company. Its acquisition of Aetna strengthened its insurance operations, while other investments expanded its healthcare delivery services. Consequently, the proposed separation would reorganize businesses that previously formed the foundation of its integrated healthcare strategy.

Despite stronger quarterly figures, CVS shares declined sharply as the company announced its restructuring and revised financial outlook. The stock’s 12.28% drop contrasted with revenue growth, improved adjusted profitability, and higher annual earnings expectations. The planned separation now represents a significant milestone in CVS Health’s corporate strategy through the first half of 2028.

The post CVS Health Corporation (CVS) Stock: Sinks Despite Raising 2026 Earnings Guidance After Q3 Results appeared first on Blockonomi.

TLDR

• CoreWeave stock plunges 10.08% to $48.33 as Democratic election wins raise fears.
• Texas Governor-elect Gina Hinojosa’s data center freeze proposal hits CRWV shares.
• CoreWeave’s 2031 bonds fall to 79.5 cents as debt yields climb above 15% levels.
• Dan Ives predicts 10% of planned US data centers may face cancellations ahead.

CoreWeave, Inc. plunged 10.08% to $48.33 on Wednesday, shedding $5.42 amid growing concerns over AI infrastructure expansion. Democratic election victories across major technology hubs raised fears of tighter restrictions on new data center construction. Falling bond prices added pressure as the company’s borrowing costs and expansion plans faced renewed scrutiny.

CoreWeave, Inc. Class A Common Stock, CRWV

The selloff followed Democratic victories in Texas, Ohio, and Georgia, where incoming governors have challenged rapid data center development. CoreWeave’s unsecured debt suffered sharp losses as financial markets assessed the potential impact on future construction. The political shift has intensified existing concerns about the company’s financing needs and ambitious growth targets.

Democratic Election Victories Threaten AI Data Center Expansion

Texas became a major focus after Democrat Gina Hinojosa defeated Republican Governor Greg Abbott in the November 3 election. Her victory ended more than three decades of Republican control over the state’s governorship. Hinojosa campaigned for a moratorium on new data centers, bringing potential construction restrictions into focus.

The political shift also extended to Ohio and Georgia, where Democratic candidates secured important gubernatorial victories. Ohio Governor-elect Amy Acton supported restrictions on data centers that fail to meet labor and energy standards. Georgia’s Keisha Lance Bottoms also entered office amid growing public opposition to unchecked infrastructure expansion.

These developments threaten companies that depend on securing land, electricity, and permits for large computing facilities. Growing concerns about electricity costs and water consumption have strengthened opposition to new projects across several states. As regulatory requirements could increase development expenses and delay the delivery of computing capacity.

CoreWeave Bonds Drop as Debt Financing Concerns Intensify

CoreWeave’s debt market also weakened sharply as bondholders responded to the changing political environment and potential construction delays. According to Bloomberg pricing data, its unsecured notes maturing in 2031 fell to 79.5 cents per dollar. The decline placed those securities among the weakest performers in the high-yield corporate bond market on Wednesday.

The company’s obligations maturing in 2030 and 2032 also recorded substantial declines during the trading session. Yields on those securities exceeded 15%, reflecting elevated borrowing costs and growing concerns about repayment risk. Such financing conditions could complicate future capital raising as CoreWeave continues expanding its artificial intelligence computing infrastructure.

The company relies on significant financing to develop facilities and deploy advanced computing equipment for enterprise customers. Consequently, higher borrowing expenses can reduce financial flexibility while increasing the cost of delivering contracted computing services. These pressures have added to concerns about whether projected revenue growth can support the company’s expanding debt obligations.

Dan Ives Warns of Slower AI Infrastructure Growth

Technology analyst Dan Ives estimated that political changes could prevent approximately 10% of planned American data centers from proceeding. His assessment covers between 800 and 1,000 proposed facilities, suggesting potential cancellations of 80 to 100 projects. Moreover, these restrictions could affect smaller cloud providers more directly because their growth depends heavily on new computing capacity.

CoreWeave faces substantial expansion requirements as it works to meet rising demand for artificial intelligence computing services. Analysts project revenue growth from $5.13 billion in 2025 to approximately $43.6 billion by 2028. Achieving those forecasts requires additional power connections, completed facilities, and continued access to financing.

The company operated 1.5 gigawatts of active capacity by June 30, compared with 4.2 gigawatts under contract in August. American customers accounted for approximately 93.6% of its 2025 revenue, increasing exposure to domestic infrastructure policies. CoreWeave’s stock decline reflects these pressures as political restrictions threaten expansion schedules and rising financing costs challenge profitability.

The post CoreWeave, Inc. (CRWV) Stock: Sinks as Democratic Election Wins Spark AI Infrastructure Fears appeared first on Blockonomi.

A wallet linked to last week’s Binance hot wallet attack sold 499.9 billion Shiba Inu (SHIB) within minutes. The dump brought in just 873 ETH, a price well below what the market was paying at the time.

The attacker’s wallet now holds no SHIB, which removes a feared source of selling pressure. Any Shiba Inu price prediction now depends on whether the token, trading close to its yearly low, can hold steady while Binance completes its reserve check.

Traders who follow whale wallets like this one also watch tools built to track them. One of them is MEMASA ($MEMASA), an upcoming app that turns whale moves into plain-language alerts.

Shiba Inu Price Prediction After the Binance Hacker Clears His SHIB Bag

The attacker received the SHIB in three transfers from a Binance wallet on the evening of the hack.

A few hours later, the wallet sold everything in 13 rapid transfers to decentralized exchange pools. Most of the supply went to ShibaSwap, while the rest landed in a Uniswap pool, according to cryptoticker.io.

The rush to sell cost the attacker dearly, with the average price about 15% below market.

Yet the price barely flinched, since arbitrage bots quickly spread the coins across centralized exchanges.

That matters because the overhang is gone, and Binance has now reopened SHIB withdrawals after a five-day freeze.

Support at $0.00000407 Is the Line to Watch

SHIB trades near $0.00000468, up slightly on the day. The bigger picture is weaker, with the token down about 21% over the past month. The nearest strong support sits at $0.00000407, just above the 52-week low.

On the upside, the first real resistance waits at $0.00000565. Technical indicators lean bearish, and a break below support could open the way toward $0.00000348.

For any near-term Shiba Inu price prediction, a clean Binance reserve report could help buyers reclaim lost ground. Moves like the hacker’s dump show how much whale wallets can shape a token’s week.

MEMASA Flags Whale Moves in Plain Language as They Happen

MEMASA is an on-chain trading app in development that pairs a self-custodial wallet with an AI copilot. Its intelligence engine will analyze wallet flows and large-holder behavior around the clock, turning that activity into short, plain-language insights.

When a large whale transfer hits the chain, MEMASA is designed to respond on several fronts:

• Wallet-follow alerts, set by text, will notify users as soon as a tracked wallet moves funds.
• The copilot will explain the move in a plain-language sentence, with the data behind it.
• Every token involved will show a risk score, so users see the downside before they trade.

Alerts like these will be set by typing a sentence, for example “tell me when this wallet moves funds.” Users will approve the limits and can revoke any automation in one tap.

Wallet Data Also Powers Risk Scores and Leaderboards

Those same wallet insights will feed a risk score for every token, built on insider concentration checks and scam and honeypot detection, with warnings before risky trades. 

Leaderboards will rank traders by verified on-chain results, and users will be able to follow and optionally mirror top traders within their own limits. Funds will stay in the user’s own self-custodial wallet, with keys exportable anytime.

Reserve a Spot on the MEMASA Waitlist

$MEMASA Makes Analysts Back Their Signals With Tokens

Analysts and AI agents on the MEMASA marketplace will need to stake $MEMASA before listing signals, and poor calls can cost them part of that stake. Followers get a clearer view of who stands behind each call.

Traders holding the token will gain access to premium intelligence and fee discounts. Marketplace purchases and contributor rewards will settle in $MEMASA as well, and the capped supply cannot expand now that mint and freeze authority are revoked.

Staged $MEMASA Sale Ahead of Listing

$MEMASA is distributed through a multi-stage on-chain sale, now priced at $0.0155 per token. The price rises from one stage to the next, while unlock periods get shorter. Team tokens vest over a long period on a public schedule.

KYC applies to every buyer, and the Token Sale Terms list the eligibility rules in full.

Whale and hacker wallet dumps like the SHIB sale will keep moving prices across the market.

MEMASA is betting that people want answers about those moves in a single sentence, and its launch will show how many agree. Taking part in the sale does not secure any price after listing.

Take Part in the $MEMASA Sale

The $MEMASA sale is not available in the US, UK, Canada, EU/EEA, SVG or sanctioned jurisdictions. Not financial advice. Crypto is risky. Do your own research.

The Road Ahead for SHIB and MEMASA

SHIB has absorbed the hacker’s dump, but it still trades near its yearly low. Its next move depends on whether buyers defend $0.00000407 or push toward $0.00000565 after Binance’s reserve check.

MEMASA faces a different test, as it needs to turn wallet tracking and AI alerts into an app traders use every day. If adoption grows, demand for its utility token could grow with it. Both outcomes remain uncertain, and higher potential comes with higher risk.

The post Shiba Inu Price Prediction: Binance Hacker Dumps 499.9 Billion SHIB for Just 873 ETH appeared first on Blockonomi.

TLDR

• Microsoft stock jumps 6.11% to $552.83, breaking above the key $540 resistance level
• Polen Capital highlights Microsoft’s strong Azure growth and expanding AI business
• Azure revenue climbed 43% year over year, surpassing $100 billion annually
• Microsoft 365 Copilot exceeded 30 million paid seats during the reported quarter
• Truist maintains its Buy rating on Microsoft and raises its price target to $675

Microsoft (MSFT) stock climbed 6.11% to $552.83, adding $31.84 during the latest trading session. The rally pushed shares above the $540 resistance level as buying activity strengthened. Meanwhile, Polen Capital highlighted Microsoft’s cloud expansion and artificial intelligence growth in its Q3 2026 investor letter.

Microsoft Corporation, MSFT

Polen Capital Highlights Microsoft’s AI and Cloud Performance

Polen Capital featured Microsoft Corporation among the leading contributors in its Q3 2026 investor letter. The investment firm manages the 5Perspectives Large Growth Strategy, which focuses on large-cap growth companies. Its latest letter examined market volatility and changing opportunities across the technology sector.

The Polen 5Perspectives Large Growth Composite returned 0.0% during the third quarter of 2026. However, the Russell 1000 Growth Index gained 0.9% over the same period. The performance gap reflected the portfolio’s positioning during a volatile quarter for large technology companies.

Concerns about hyperscaler capital expenditure affected several artificial intelligence and semiconductor stocks. Crowded trades and changing interest rate expectations also contributed to selling pressure. Consequently, Polen Capital began shifting attention toward companies using artificial intelligence to improve productivity and develop new products.

Azure Revenue Growth Supports Microsoft’s Market Position

Microsoft’s cloud business remained a major factor behind its strong performance during the third quarter. Azure and other cloud services revenue increased 43% year over year during fiscal fourth-quarter results. Furthermore, Azure surpassed $100 billion in annual revenue for the first time.

Microsoft 365 Copilot also exceeded 30 million paid seats, highlighting demand for the company’s productivity services. These developments helped strengthen the company’s position across cloud computing and enterprise software. Management also reported that customer demand continued to exceed available capacity.

The strong quarterly performance supported Microsoft’s recovery following its first-half share price decline. According to Polen Capital’s assessment, the company’s operating performance helped ease concerns surrounding returns on artificial intelligence spending. However, the fund’s underweight position in Microsoft reduced its relative performance as shares rallied.

Microsoft Stock Gains Hedge Fund Attention as Truist Maintains Buy Rating

Microsoft also received positive attention from institutional investors and financial analysts. Truist raised its price target on Microsoft stock to $675 while maintaining its Buy rating. The revised target reflects the firm’s assessment of Microsoft’s business and growth prospects.

Microsoft ranked second among the 40 most popular stocks held by hedge funds. Data from the second quarter showed that 273 hedge fund portfolios held Microsoft shares. This represented a decline from 282 portfolios recorded during the previous quarter.

Microsoft’s market capitalization stood at approximately $3.88 trillion based on the November 3 closing price. The company also recorded a 1.59% gain over the preceding 52 weeks. Its one-month return stood at 0.01%, according to the supplied market data.

Microsoft continues to operate across software, cloud infrastructure, artificial intelligence and gaming. Its Azure platform and Microsoft 365 products remain important parts of its business operations. The latest Polen Capital letter places these businesses at the center of its assessment of Microsoft’s performance.

The post Microsoft (MSFT)Stock: Surges 6% as Polen Capital Highlights Strong AI Growth appeared first on Blockonomi.

TLDR

• MSFT stock climbed 5.95% to $552 during trading on November 4, 2026.
• Microsoft’s fiscal first-quarter revenue increased 19% to $92.28 billion.
• The company’s net income rose 32% year over year to $36.63 billion.
• Azure revenue grew 48%, while Microsoft Cloud revenue reached $63.9 billion.
• Anthropic committed at least $44.9 billion to Microsoft cloud services through June 2033.

Microsoft (MSFT) stock rose 5.95% to $552 on Wednesday, November 4, as investors assessed Microsoft’s latest earnings and a long-term cloud agreement with Anthropic. Shares traded above key moving averages. The advance followed Microsoft’s October 28 fiscal first-quarter report. The technical outlook sets $563.62 as the upper end of its expected near-term range.

Microsoft Corporation, MSFT

MSFT Stock Gains Follow Strong Cloud Results

Microsoft reported revenue of $92.28 billion for the quarter ended September 30, up 19% from a year earlier. Net income rose 32% to $36.63 billion.

Azure revenue increased 48%, while Microsoft Cloud sales reached $63.9 billion. The company reported $677 billion in remaining commercial contracts and forecast Azure growth of 49% to 50% in constant currency next quarter.

Anthropic Agreement Adds Long-Term Cloud Commitments

Anthropic’s latest filing disclosed a commitment to spend at least $44.9 billion with Microsoft between November 2026 and June 2033. The minimum applies regardless of actual usage.

Anthropic and Microsoft signed the deal in 2025 and amended it in 2026. Anthropic is also expanding use of Claude in business software. A recent Claude security integration shows other companies building around its products, as reported by Blockonomi.

Microsoft said demand for Azure computing still exceeds available capacity. Its latest quarter included $45.2 billion in capital spending, with much of that directed toward chips and other equipment.

Technical Indicators Point to Near-Term Resistance

At $552, Microsoft traded above its 20-day average of $521 and 50-day average of $525.84. Its 200-day average stood at $438.46, keeping the longer-term price trend higher.

Demand for data centers also featured in Riot Platforms’ $28 billion AI lease, announced this week. Microsoft is also expanding computing capacity for customers.

The relative strength index, stochastic RSI, and commodity channel index showed overbought conditions in the supplied technical snapshot. MACD and ADX were neutral, while the Awesome Oscillator favored buyers.

Key Price Levels Shape Next Trading Sessions

The Kijun line stood at $528.44, below the $540.38 support level. The short-term technical range extends to $563.62, which serves as resistance if shares keep rising.

Trading above $563.62 would break that range. A drop below $540.38 would weaken the current setup. Neither outcome is certain over the next few sessions.

Meanwhile, OpenAI’s revised financing target has drawn attention to funding pressures across AI. Microsoft continues investing in infrastructure while serving customers developing and running artificial intelligence systems.

The next two to three trading days will show whether MSFT stock holds its gains above $552 or returns toward the lower part of the projected range.

The post Microsoft (MSFT) Stock Surges 6% With $564 Resistance Ahead appeared first on Blockonomi.

Crypto-focused super PACs spent more than $176 million across 100+ races in the 2026 US midterms.

However, their biggest campaign ended in defeat after Democrat Sherrod Brown defeated Republican Jon Husted to win Ohio’s Senate contest despite a $64 million effort to stop him.

Brown Beats Husted Despite $64M Crypto Campaign

According to NBC figures, Brown got 2.24 million votes, making up about 49.7% of the total cast, with Husted receiving 2.06 million, or 45.5%, with 97.3% of the vote counted.

Heading into this particular showdown, crypto groups had spent more than $64 million trying to prevent that exact outcome, with Fairshake, the industry’s flagship super PAC, accounting for $56.5 million of the spending, and Digital Freedom Fund, supported by the Winklevoss twins who co-founded the Gemini exchange, contributing another $7.5 million.

Brown frequently criticized the crypto sector during his time as chair of the Senate Banking Committee, but during the campaign, he seemed to have somewhat softened his stance, even telling the New York Times that crypto “has a part, a role, in our economy.” Still, he pledged to take on what he called the “crypto/data center crowd.”

Recall that in 2024, Brown, who had served for three terms as Ohio senator, lost to Republican Bernie Moreno, garnering 2.59 million (46.4%) votes to Moreno’s 2.8 million (50.2%). That race was the biggest single target of crypto money at the time and drew more ad spending than any Senate contest in history, with the digital asset industry backing the Republican candidate with a $40 million war chest.

The latest spending didn’t produce the same outcome, and researcher Molly White, who has been tracking which crypto and AI players have been supporting with their money, described it as a “HUGE loss for crypto super PACs.”

Democrats Take Congress

There were also losses for other industry-backed candidates in Texas, Alabama, Iowa, Wisconsin, and Michigan. But there was a reprieve in Colorado’s 8th District, where Democrat Manny Rutinel, who had gotten support from groups including Ripple co-founder Chris Larsen’s You Can Push Back PAC, beat incumbent Gabe Evans by a sizable margin.

Crypto groups also won in Nebraska, where Republican Pete Ricketts defeated independent Dan Osborn. Fairshake, funded mainly by Coinbase, venture capital giant Andreessen Horowitz, and Ripple, had spent about $14.1 million in the race to back Ricketts, who has been a supporter of industry-friendly crypto legislation from his perch on the Senate Banking Committee.

That said, the broader political picture has become less favorable to the industry, with Democrats securing control of the House and Senate. According to estimates at the time of writing, the party is set to capture 258 seats in the House and at least 54 in the Senate, having flipped 29 and 7 seats in the respective chambers.

Before the results, CryptosRus had warned that a victory for the Dems could further delay the CLARITY Act, which they had blocked in September.

The post Crypto PACs Lose Key Races After Spending Millions in Midterms appeared first on CryptoPotato.

Following a decision by the CFTC, perpetual futures tied to individual US stocks can now trade on exchanges registered by the agency.

However, a group backed by Cboe and Citadel Securities has filed a lawsuit against the decision, claiming that the CFTC had no authority to make it.

CFTC Greenlights Equity Perps

In a November 3 statement, CFTC Chairman Michael Selig confirmed the commission had approved perpetual futures on individual equity securities, known as equity perps, under its Regulation 40.3.

They have been classified as security futures products under the Commodity Futures Modernization Act of 2000, making them subject to the Commodity Exchange Act and federal securities laws.

According to Selig, they can give US traders access to products that are popular in overseas markets without them having to rely on offshore venues. He described perpetuals as tools for risk management and price discovery but also insisted that they must operate with appropriate safeguards.

Per the statement, exchanges looking to list single stock perps must also file notice with the SEC to trade security futures, meaning oversight will fall on the two agencies. Selig linked the decision to an MoU signed by the CFTC and SEC earlier this year in a bid to improve how they coordinate.

“Earlier this year, the CFTC took historic action in this regard by approving the listing of the first true Bitcoin perpetual futures contract on a CFTC-regulated exchange,” read Selig’s statement. “Today’s announcement builds on that milestone by extending the availability of the perpetual futures contract instrument in the US beyond digital commodities and into traditional securities.”

Industry Group Sues

Soon after the CFTC had put out its statement, a group calling itself the Capital Markets Alliance filed a lawsuit arguing that the financial watchdog had gone against laws passed by Congress and “invited a parallel synthetic market in US stocks” that it claimed would grow outside what it believes is rightfully the SEC’s exclusive jurisdiction.

According to Reuters, a CFTC spokesperson called the case “troubling” interference with markets regulated by the agency. They added that US markets ought to be governed by law rather than litigation campaigns whose main intention was to “block innovation.”

It’s not the first time something like this has happened. Recall that in June, the CME Group said it would sue the CFTC for its approval of the Bitcoin perpetuals Selig referenced in his statement. At the time, CME CEO Terrence Duffy said perpetual contracts should be classified as swaps under the Dodd-Frank Act instead of futures and that providers had to go through the Chicago Mercantile Exchange since it held exclusive benchmark licenses.

The post CFTC Opens Equity Perps Trading and Gets Sued Hours Later appeared first on CryptoPotato.

The popular privacy token has once again emerged as a top performer after its price spiked by double digits in the past 24 hours and exceeded $1,300.

Bullish sentiment continues to dominate among analysts, many of whom expect the price to climb further and potentially set a new all-time high in the near future.

The Next Targets

The main driver behind ZEC’s most recent rally appears to be the upcoming NU7 upgrade. Set to go live at block 3,543,405 on November 5, the update will supposedly cut the target block time from 75 seconds to 25 seconds without affecting the token’s daily issuance rate.

According to several market observers, ZEC has more room to grow. X user Alaoui Capital claimed the asset has consolidated the same way it did before its massive pump earlier this year.

“Last time, Zcash consolidated at $450 before breaking out and pumping all the way to $1,600. Now it’s forming a similar structure at $1,200. Are we about to see another massive leg up,” they wondered.

Sweep and WIZZ also chipped in. The former recently claimed that once ZEC breaks above $1,350, it will then “very quickly” jump to $2,000. Several hours ago, the asset’s price stood less than $25 from that target. For their part, WIZZ expects ZEC to explode to a new all-time high of $3,500. Crypto with Harris ₿ joined the topic, too, revealing that he has made over $17,000 from long trades:

“Caught the perfect bottom at $1150 and ZEC pumped straight to $1280. I believe this ZEC pump will continue till $1300-$1320 and then it will dump back again to $1100. For now I am happy with my profit.”

Meanwhile, Lookonchain disclosed that another trader known as 0xf081 closed their BTC, HYPE, and ZEC long positions, taking a loss of almost $6 million. The market participant later opened new longs, but excluded Zcash from their exposure.

Pullback on the Way?

While the upcoming NU7 upgrade has helped fuel ZEC’s recent gains, the rally may weaken after launch, opening the door to a correction. The asset’s exchange netflow supports the bearish scenario.

Over the past several weeks, inflows have dominated outflows, suggesting investors have shifted from self-custody to centralized platforms, effectively increasing selling pressure.

The post Top Zcash Price Predictions as ZEC Surges 14% Daily appeared first on CryptoPotato.

It was just 12 hours ago that the primary cryptocurrency struggled following the conclusion of the US midterm elections, dumping to a seven-week low of $75,600. The landscape now appears entirely different, with the asset reclaiming $80,000 and even touching $81,000 before it was stopped.

The altcoins have expectedly followed suit. ETH has rocketed by more than 6% on a daily scale (and 5% hourly) to $2,440, while XRP has pushed past the $1.30 barrier.

Naturally, these rapid price moves caught over-leveraged traders by surprise. Especially those with open short positions. Data from CoinGlass shows that $380 million worth of shorts have been liquidated in the past hour alone, while wrecked longs are at $90 million.

The numbers on a 24-hour scale show that more than $910 million worth of both longs and shorts have been wiped out. The number of liquidated trades is above 117,000, according to CoinGlass data.

The single-largest liquidated order is a whopping one. It took place on HTX, involved the ETH/USDT trading pair, and was worth a mind-blowing $38 million.

The most likely reason for this turnaround is the removal of uncertainty. As reported earlier this morning, the Democratic Party reclaimed both chambers of Congress following US midterm elections, which, at first, led to a major price decline to the aforementioned seven-week low.

However, markets quickly erased the gains, and BTC tapped $78,000. After some consolidation there, the cryptocurrency exploded as US trading hours began. These price gains are not isolated to crypto, as Wall Street opened well in the green.

The S&P 500 is currently up by almost 2%, while the Nasdaq and the Dow Jones have added over 2% of value. Even gold and silver are well in the green today.

The post $380M in Shorts Liquidated in an Hour as Bitcoin (BTC) Skyrockets to $81K appeared first on CryptoPotato.

The Democratic Party in the United States won a decisive victory in the midterm elections, securing more support even in Republican strongholds like Texas.

As expected, the vote triggered heightened volatility in crypto and financial markets, with many leading digital assets initially plunging before recovering their losses. However, certain meme coins connected to President Donald Trump remain firmly in red territory.

Declines for These Tokens

A “blue tsunami” in the US wiped out Republicans; America rejects Trump’s rule; a massive win for the Democrats: these are some of the global headlines today (November 4) that showcase the overwhelming support for the Dems in the midterm elections in the US, which took place on November 3.

The blue party took control of both the Senate and House and reportedly emerged victorious in Iowa, Kansas, North Carolina, Ohio, South Caroline, and Texas, which have historically been swing states and, in some cases, bastions for the Republicans. Of course, the Dems also won the elections in their traditional regions, including California, Massachusetts, Maryland, New York, and many more. President Donald Trump reacted in his own style to the Republicans’ crucial loss, saying on Truth Social:

“I wasn’t on the ballot, and if I was, we would have won in a landslide.”

However, it is safe to say the election’s outcome reflects Americans’ direct disapproval of some of Trump’s politics and decisions as a leader. With Democrats set to dominate the local parliament from the beginning of 2027, the president is expected to face greater challenges in advancing legislation and his agenda.

As expected, the Republicans’ loss negatively impacted meme coins tied to him. Official Trump (TRUMP), a token that launched around his inauguration in early 2025, plummeted 10% in a day. It currently trades at around $1.44, its lowest level since August, while its market capitalization dropped to roughly $400 million. This means that TRUMP is no longer part of the elite club of the 100 biggest cryptocurrencies.

Other similar tokens that have underperformed today include MAGA (TRUMP) and Pepe Trump (PTRUMP), which slipped 4% and 2%, respectively.

MELANIA Also Bleeds

America’s first lady also has a meme coin bearing her name. Launched in January last year, MELANIA surged above $8 at its peak, pushing its market capitalization past $600 million.

However, the token has been on a prolonged downtrend in recent months, with the election results further worsening its condition. It is now valued at roughly $0.07, down 10% on the day, while its market cap has fallen to around $70 million.

The post Official Trump (TRUMP) Drops to a 3-Month Low Following the Democrats’ Victory: Details appeared first on CryptoPotato.