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Fri 6 Nov
Gold slips after topping $4,100 as Gate metals contracts lead
Gold briefly broke above $4,100 before easing to about $4,071.64, down 1.47% in 24 hours, while silver traded near $51.94, down 2.39%, CoinGlass data showed. Gate's XAU contracts ranked third globally by volume and open interest, at about $613m and $220m.
Previous related news
- Gate gold, silver and oil futures rank in top three network-wide, CoinGlass data shows
- Gate XAU futures turnover ranks second among centralised exchanges, CoinGlass says
- Gold and silver edge higher as Gate's XAU and XAG contracts rank second globally
Polymarket odds of Bitcoin falling to $72,500 in November rise to 60%
Polymarket traders put a 60% chance on Bitcoin dropping to $72,500 during the rest of November, up 30% in 24 hours, according to PPP. The market settles on Binance BTC/USDT one-minute candle highs.
Address withdraws another 3,500 ETH from Binance, analyst Ai Yi says
Analyst Ai Yi says an address withdrew another 3,500 ETH from Binance three hours earlier, bringing its holdings to 9,777.4 ETH at an average cost of $2,305.05, with an unrealised loss of $641,000.
Binance plans to restore withdrawals for HYPE and five other assets by next weekend
Binance says it is working to restore withdrawals of HYPE, INJ, APT, PLASMA, NEAR and LTC by next weekend. It also plans by then to restore withdrawals of all tokens on reopened networks, including BSC, ETH, MATIC, ARB, POL and OP.
Previous related news
- Binance says latest proof of reserves shows user assets backed 1:1
- Binance hacker reportedly stole $2.5bn in one transaction for about $15 in fees
- Binance says more asset withdrawals will resume in batches from 6 Nov
CertiK's Jonathan Riss says signing limits may have curbed Binance losses
CertiK analyst Jonathan Riss says public records show a hot wallet on Ethereum was repeatedly drained after new deposits during Binance's $6.3bn security incident, which affected assets across 10 blockchains. He says limits enforced by the signing system itself could have capped transfers, while app-level limits could be bypassed if that app were compromised.
Pump.fun moves 76,111 SOL in fees to Kraken, worth about $6.85m
On-chain analyst Yu Jin says Pump.fun transferred 76,111 SOL of fee revenue to the Kraken exchange, worth about $6.85m. The meme coin launchpad has sold roughly 5.63m SOL in fees since early 2024 at an average price of about $158.7.
Bittensor releases quantum-resistant wallet with optional key rotation
Bittensor, a decentralised AI model network, has released a quantum-resistant wallet. It offers an optional quantum-resistant signature feature and automatic rotation of signing keys.
Russia's Investigative Committee proposes tighter crypto AML rules and transaction tracking
Russia's Investigative Committee proposed bringing crypto further into anti-money laundering rules and strengthening transaction tracking, TASS reported. It said authorities can trace crypto through a Federal Financial Monitoring Service system and had seized over $486m in corruption-related assets by 2026.
67 issuers oppose ICE tokenised stock venue, Eleanor Terrett says
Crypto journalist Eleanor Terrett says 67 issuers now object to the tokenised stock platform run by Intercontinental Exchange and OKX, with Palantir, S&P Global, KLA, Super Micro and Meta the latest to join. That includes 56 of the 62 companies the platform initially planned to list.
OKX earnings prediction contest ends with three winners sharing 10,000 USDT
Three players, Lin Moyang, abingttt and Touji Shiyanshi, tied for first in the second round of OKX's earnings-season prediction contest with 26 wins each, including one revival, and will split 10,000 USDT. OKX extended its third prediction season to the end of the month with a 360,000 USDT prize pool.
Ethereum Foundation urges projects to check eight invariants as hard fork is delayed
Researcher Marius van der Wijden says Chainsecurity found that EIP-8037 and EIP-8038 in the Glamsterdam upgrade, which change gas accounting for some operations and state, will break invariants some projects rely on. Core developers have delayed the hard fork and paused the Hoodi testnet fork, and the Ethereum Foundation is working with auditors and urging developers to check their projects against the eight invariants.
PBOC says domestic virtual currency traders and local arms of overseas platforms face scrutiny
A People's Bank of China department head said virtual currencies fail customer identification and anti-money laundering standards and fuel speculation. The PBOC will work with other departments and local governments to target domestic traders and the domestic affiliates of overseas issuance and trading platforms.
Singapore chip startup Symatics unveils MPU aimed at cutting inference latency
Singapore-based semiconductor startup Symatics has unveiled a Morphic Processing Unit architecture at the 2026 Business and Philanthropy Forum, designed to speed up AI responses by cutting data transfers between memory and compute units. The company plans open-architecture licensing deals with Singapore research institutions and industry partners; the MPU is still in development and no funding, prototype or tape-out details were disclosed.
US Democrats to target Apple, Meta and Musk firms in probes
US Democrats plan to target Apple, Meta Platforms and companies linked to Elon Musk in investigations, market reports said. Lawmakers are expected to use congressional oversight after winning both chambers to examine the Trump family's business dealings and large corporations.
Previous related news
- Democrats plan deeper probe into Trump's crypto businesses
- Robert Garcia says 'lawyer up' as Fortune reports WLFI may face first Trump crypto probe
- Garcia says House panel to examine Trump family crypto dealings
QCP Capital says Democrats win both chambers but fall short of veto-proof majority
QCP Capital says Democrats have won the Senate 54-44 and the House 253-155, but lack the two-thirds majority needed to override Trump's veto. The S&P 500 fell 4.36% on Thursday and Bitcoin dropped 5.5% to $76,036.
Previous related news
- David Allen says AI sell-off stems from conflating tech promise with returns
- Ripple CEO Brad Garlinghouse says US needs clear digital-asset rules after midterms
- The Macro Paper says each $1 of Big Tech AI spending has coincided with $6.33 of market value lost
PBOC says Solana Shanghai event stopped before opening, units to be probed
A People's Bank of China official said Solana advertised on the exterior of the Citigroup building in Shanghai's Lujiazui through a domestic entity. The bank, with local financial, police and market regulators, stopped the 'Solana Accelerate China 2026' event before it opened and will investigate those involved.
Previous related news
- Solana Foundation's Lily Liu says Shanghai event postponed after sign-ups quadrupled
- Solana Foundation delays morning programme at Accelerate Shanghai
- Solana Foundation says Shanghai Accelerate China event temporarily cancelled
Ansem says Micron and some AI stocks may be oversold
Crypto trader Ansem said Micron, down about 34% in a week, and some AI-linked stocks may be near a short-term rebound, though he remains cautious afterwards. He expects a bounce towards prior support to offer a chance to cut risk before a longer consolidation.
BNB Chain plans to move validators to BSC-Reth by end of 2026
BNB Chain aims to migrate validators to the Reth-based BSC-Reth client by the end of 2026. Internal benchmarks with Reth 2.5.1 showed about 40% higher throughput than a TrieDB setup, with p95 block write latency of 71.6ms and execution latency of 56.5ms.
Bitcoin miners disclose AI data centre cost risks as Cipher absorbs $359m overrun
Cipher said it will bear the first $359m of cost overruns at its Barber Lake project beyond the original budget under revised lease terms, while Riot expects about 70% of its Rockdale budget to sit under guaranteed maximum price contracts. Core Scientific said tariffs have raised some equipment and material costs.
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