Crypto

Crypto majors continued their decline, dropping another 3–8% as the selloff persisted. Bitcoin (BTC) fell 3% to $104,500, Ethereum (ETH) dropped 5% to $3,520, Binance Coin (BNB) slid 6% to $955, and Solana (SOL) plunged 8% to $162. Meanwhile, Decred (DCR) surged 111%, Dash (DASH) climbed 50%, and Internet Computer (ICP) gained 30%, leading the day’s top movers. Liquidations totaled over $1.2 billion on Monday, with long positions accounting for 90% of the losses, and the Crypto Fear & Greed Index slipped into “Extreme Fear.” Balancer suffered a $128 million exploit following a so-called “vibe-coded” hack, prompting Berachain to halt its chain amid cascading pool drains across Ethereum and linked networks. In industry developments, Hollywood.com announced plans for an entertainment-focused prediction market in partnership with Crypto.com, while Ripple launched prime brokerage services for digital assets in the U.S. Strategy revealed plans to issue 3.5 million shares of its 10% Series A Perpetual Stream Preferr...

Stream's collapse shows operational risk extends beyond smart contracts to fund managers and custody, an expert told Decrypt.

Sam Bankman-Fried has appealed his 25-year sentence to the Second Circuit, alleging judicial bias, curtailed evidence, and pressured deliberations. He has sought a new trial before a different judge and a challenge to the $11 billion restitution order tied to the FTX collapse. The post Sam Bankman-Fried Appeals 25-Year Sentence, Claims He Was Presumed Guilty appeared first on Cryptonews.

Spot Bitcoin ETFs opened the week with -$186.5 million in net redemptions on Monday, Nov. 3, stretching a four-session drain to roughly -$1.34 billion since Oct. 29. This run shows how quickly flows can swing when a single mega-issuer turns into a seller. Data from Farside shows Monday’s outflows were effectively concentrated at IBIT, with […] The post Why Bitcoin ETFs started to bleed out as four-day outflows hit $1.34B appeared first on CryptoSlate.

The former FTX CEO is currently serving a 25-year sentence in federal prison, but has the opportunity to get a new trial. With 19 years remaining for Sam “SBF” Bankman-Fried in prison, the former FTX CEO’s legal team will present arguments in the appellate court as to why a panel of judges should consider overturning his conviction or sentence. On Tuesday, the US Court of Appeals for the Second Circuit will hear oral arguments from SBF’s lawyers. Though the details of the appeal were unclear at the time of publication, the former FTX CEO’s legal team said in its initial appeals filing from September 2024 that it intended to argue SBF was “never presumed innocent,” claiming that it was not allowed to present information to the court regarding the crypto exchange’s solvency. “From day one, the prevailing narrative—initially spun by the lawyers who took over FTX, quickly adopted by their contacts at the US Attorney’s Office— was that Bankman-Fried had stolen billions of dollars of customer funds, driven FTX to i...

Sequans sold 970 Bitcoin to redeem half of its convertible debt, reducing total liabilities from $189 million to $94.5 million.

UBS has completed an end-to-end tokenized fund transaction using Chainlink DTA with DigiFT, automating subscription and redemption for the uMINT money market fund on Ethereum, with standardized communication improving reconciliation and efficiency. The post UBS Completes Tokenized Fund Transaction Using Chainlink’s DTA – A New Era for On-chain Finance? appeared first on Cryptonews.

BNB faces technical resistance at $1,000 and $980, with analysts watching to see if it can hold above $940, as privacy coins like DASH and Zcash outperform.

Forward Industries, which has accumulated more than $1 billion worth of Solana, saw its share price plunge Tuesday morning. Forward Industries, a digital asset–focused company that has built a significant position in Solana as part of its ongoing shift, has authorized a $1 billion share repurchase program — a move aimed at returning value to shareholders as it advances its transition into a digital asset treasury model. The share repurchase program, authorized on Monday, allows Forward Industries to buy back its stock on an ongoing basis through open-market purchases, block trades or privately negotiated transactions, the company announced. Forward said the authorization provides flexibility amid market volatility, though share repurchases are typically aimed at returning value to shareholders by reducing the number of shares outstanding and minimizing dilution. Read more

Bitcoin drops below $103K after losing key support, with analysts warning a retest of $99K is likely as crypto continues to underperform equities and liquidity avoids the sector. The post [LIVE] Bitcoin Price Tracker: Is BTC Going To Hold or Fall Below $100K Today? appeared first on Cryptonews.

The layer-1 token broke key support levels and saw 68% above-average volume as traders dumped risk.

XRP has plummeted by 7% on a daily scale, currently trading at around $2.25.

For nearly a decade, the rivalry between Zcash (ZEC) and Monero (XMR) defined the crypto privacy movement. The two digital assets promised what Bitcoin couldn’t: true transactional anonymity, but they took very different paths to achieve it. Monero made privacy mandatory, encrypting every transaction by default. Zcash made it optional, allowing users to choose between […] The post How Zcash reclaimed the privacy crown from Monero appeared first on CryptoSlate.

The louder these companies protest regulation, the clearer it becomes that something’s off, argue Paradigm’s Katie Biber and Dominique Little.

MPLX will supply natural gas from its Delaware Basin processing plants to MARA’s planned gas-fired power facilities.

The Bitcoin critic argues the United States is chasing speculation while China is focusing on real industries.

The company will become the first U.S.-regulated clearinghouse to accept stablecoins as margin collateral.

YouTube launches “direct attack” on blockchain gaming vids, Animoca to list on Nasdaq five years after getting kicked off the ASX: Web3 Gamer. YouTubes latest content rules announcement hasnt gone down well with Web3 gaming creators, who say the platform is unfairly targeting them. YouTube’s new policy is a direct attack on Web3 gaming and CS skins, Gamer Leevai said in an X post. Fellow gamer Predz added, Know any Web3 creators? They need to see this. The update, which is expected to roll out on Nov. 17, expands YouTubes definition of prohibited online gaming content to cover digital goods with monetary value, including skins, cosmetics, NFTs, and other blockchain-based assets.  Read more

YouTube launches “direct attack” on blockchain gaming vids, Animoca to list on Nasdaq five years after getting kicked off the ASX: Web3 Gamer. YouTubes latest content rules announcement hasnt gone down well with Web3 gaming creators, who say the platform is unfairly targeting them. YouTube’s new policy is a direct attack on Web3 gaming and CS skins, Gamer Leevai said in an X post. Fellow gamer Predz added, Know any Web3 creators? They need to see this. The update, which is expected to roll out on Nov. 17, expands YouTubes definition of prohibited online gaming content to cover digital goods with monetary value, including skins, cosmetics, NFTs, and other blockchain-based assets.  Read more

YouTube launches “direct attack” on blockchain gaming vids, Animoca to list on Nasdaq five years after getting kicked off the ASX: Web3 Gamer. YouTubes latest content rules announcement hasnt gone down well with Web3 gaming creators, who say the platform is unfairly targeting them. YouTube’s new policy is a direct attack on Web3 gaming and CS skins, Gamer Leevai said in an X post. Fellow gamer Predz added, Know any Web3 creators? They need to see this. The update, which is expected to roll out on Nov. 17, expands YouTubes definition of prohibited online gaming content to cover digital goods with monetary value, including skins, cosmetics, NFTs, and other blockchain-based assets.  Read more