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Thu 5 Nov
Canary Funds launches staked Injective ETF on Nasdaq
Canary Funds' staked Injective ETF, ticker INJC, has listed on Nasdaq, giving investors exchange-traded exposure to INJ combined with a staking mechanism, Bloomberg ETF analyst James Seyffart says.
Nasdaq 100 losses widen to 5% as S&P 500 falls 2.8%
The Nasdaq 100 extended its decline to 5%, while the S&P 500 fell 2.8%.
$523m of futures liquidated across major exchanges in past hour
Major exchanges saw $523m of futures liquidated in the past hour, bringing the 24-hour total to $785m.
Dropbox says it plans to buy Tigris Data for $350m and launch DBX Agent Cloud
Dropbox plans to acquire cloud technology firm Tigris Data for $350m, in what could be its largest deal, with completion expected in the fourth quarter of 2026. The move is meant to strengthen its AI infrastructure and support DBX Agent Cloud, a storage platform for enterprises and developers.
US memory-chip and disk-drive stocks slump, with SanDisk down over 17%
US memory and storage stocks sold off, with the Philadelphia Semiconductor Index down 8.31%. SanDisk fell 17.09%, Kioxia's ADR 15.20%, Micron 12.57%, Western Digital 13.48%, Seagate 13.43% and SK Hynix 10.80%, per MSX.COM data.
Lido says dual loss protection now covers EarnETH and EarnUSD
Lido says a dual loss protection system now applies to EarnETH and EarnUSD on Lido Earn, with Firelight's protection applied first and Lido DAO's second. The cover works at vault level, so depositors need take no separate action.
Binance asks Arbitrum governance to return frozen ETH and ARB
Binance has filed a constitutional improvement proposal on the Arbitrum forum seeking the return of 8,425.997 ETH and 74.56m ARB frozen after an attack on its hot wallet. Binance expects the governance process to take about seven weeks or more, and says it will cover user losses through its SAFU fund and corporate treasury.
Previous related news
- Fed and OCC ask US banks about cyber risks after Binance hack
- Binance hack prompts crypto industry to weigh Wall Street-style controls
- South Korea says no sanctions talks yet over North Korea's alleged Binance theft
Crypto liquidations top $500m in four hours, led by longs
CoinGlass data shows $513m of crypto positions were liquidated across exchanges in four hours, including $485m in longs and $28.3m in shorts. Bitcoin liquidations reached $154m and ether $82.2m.
Commentary questions claim that Democrats would harm US AI
A commentary argues that the narrative of Democrats threatening the US AI industry overlooks the AI boom and heavy tech capital spending seen in 2023-2024 under a Democratic president. It says the 2026 midterms revived claims that data-centre construction and AI stocks face systemic risk.
$369m of crypto futures liquidated in the past hour
Major exchanges saw $369m of crypto futures liquidated in the past hour, bringing the 24-hour total to $671m.
Bitcoin falls below $77,000, down 4.11% on the day
Bitcoin has fallen below $77,000 and is trading at $76,996.60, down 4.11% intraday, OKX market data shows.
SK Hynix token drops 15.4% in 24 hours
The SK Hynix token fell 15.4% over 24 hours and 5.0% in one hour, trading at $882.62 on Gate.
Ether falls below $2,300, down 5.25% on the day
Ether dropped below $2,300 on OKX and last traded at $2,299.05, a fall of 5.25% over the day.
Zhongji Innolight falls 10.2% in 24 hours to $75
Zhongji Innolight fell 10.2% over 24 hours and last traded at $75.
Korean chip stocks slide on data-centre regulation fears; brokerages call it temporary
Korean chip stocks fell on concerns about data-centre regulation, though brokerages see the shock as temporary.
Crypto liquidations reach $305m in an hour, CoinGlass data shows
Liquidations across crypto markets widened to $305m over the past hour, including $287m in long positions and $17.5m in shorts, with $89.0m in Bitcoin and $43.8m in ether, CoinGlass data showed.
Tesla falls more than 10% and SpaceX more than 7%, Gate data shows
Shares linked to Elon Musk kept falling, with Tesla down more than 10% and SpaceX down more than 7%, Gate market data showed.
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