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Short crypto and markets updates from outlets’ public feeds, rewritten by AI in our own words, credited and linked. Newest first.
AI rewriteEvery flash here is rewritten by AI from an outlet’s flash or a public Telegram channel, and goes live without an editor reading it first. The outlet is named and linked on each one; AI also sets its topic and tone (Bullish, Bearish or Neutral: an AI reading of the flash, not investment advice), and when two outlets report the same news, you see it once.Where AI is used
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Thu 5 Nov
VerifiedX launches Vault feature to recover vBTC after hacks or mistaken transfers
VerifiedX has added a self-custodial Vault in its mainnet 9.0.0 upgrade that lets vBTC holders set a delay before transfers finalise, so mistaken or unauthorised transfers can be cancelled. Validators can also verify Bitcoin block headers independently.
AXTI drops 11.0% in 24 hours to $44.18
AXTI fell 11.0% over 24 hours and was trading at $44.18, according to MSX.COM data.
Zilliqa says it will become an Ethereum Layer 2 for regulated institutions
Zilliqa says nine years as a standalone Layer 1 fell short on usage, capital and liquidity, and recent security incidents showed the cost of running its own chain. It will become Zilliqa Institutional Layer, an Ethereum Layer 2 for regulated institutions, keeping the ZIL token.
Previous related news
See all 2 updates on Zilliqa Ethereum Layer 2 pivotEthereum
ChainCatcherAIBearish
Fed's Barkin says gradual rate rises still reasonable
Federal Reserve official Barkin said demand in the economy is solid and earnings remain strong, encouraging firms to invest and retain staff. He said he does not expect inflation to accelerate but sees no sign of it easing, so gradual rate rises still seem reasonable to him.
Sky proposes Osero upgrade linking Ethereum and Base liquidity, adding Gauntlet USDC vault
A proposal on the Sky forum would implement several changes in the 19 November Osero Spell, linking the Osero liquidity layer on Ethereum mainnet and Base and enabling USDC transfers via Circle's CCTP. It would also add a Gauntlet-managed Osero x Gauntlet USDC Prime Vault on Base, with seven adjustments in total.
Uranium Digital raises $16.5m to expand Solana uranium token trading
New York-based Uranium Digital has raised $16.5m in a Series A round led by Blockchain Capital, with existing investors also taking part. It tokenises yellowcake uranium on Solana, with each token representing one pound of concentrate held at certified North American facilities.
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See all 2 updates on Uranium Digital Series A fundingKraken parent Payward and clients buy AAVE tokens
Payward, Kraken's parent company, and its asset management clients have bought an undisclosed amount of AAVE on the secondary market through Digital Asset Special Investments I, LP. Payward said it may keep adding to its holdings and is exploring collaboration with Aave.
Previous related news
See all 2 updates on Payward and Aave partnershipTether's Hadron partners with RedStone on same-day settlement
Hadron by Tether is partnering with RedStone to give tokenised asset issuers access to its price feeds, net asset value data and RedStone Settle, which supports T+0 settlement. Tether said the feature will apply only to eligible tokenised assets.
Stablecoins
CoinNessAIBullishPolygon proposes reworking smart contract upgrade authority
Polygon published draft governance proposal PIP-93, which would let a Polygon Labs Operations multisig of five of nine signers propose routine bridge and staking contract upgrades under a seven-day timelock, while the security council keeps power to cancel or execute. It was listed for a protocol governance meeting on 5 November.
Previous related news
See all 2 updates on Polygon PIP-93 governance proposalSignalPlus says attack losses under $82,000 and will fully reimburse users
SignalPlus says it detected abnormal activity on 4 November and confirmed a network attack stemming from a compromised third-party Telegram account, affecting users without IP whitelists. It revoked all associated API keys, paused terminal services and will fully compensate affected users for losses under $82,000.
Four Pillars author says crypto products barely use blockchains
A Four Pillars author, 100y, argues that popular crypto products such as regulated prediction markets, real-world assets and stablecoins rely on blockchain mainly for deposits and withdrawals, leaving it a mere pipe.
Stablecoins
World Gold Council says gold ETFs drew $2.7bn in October
Global gold ETFs took in a net $2.7bn in October, led by European funds, the World Gold Council said. Holdings rose 19 tonnes to 4,275 tonnes, but assets under management fell 6% to $542bn as gold prices dropped.
US Bitcoin ETFs take in 208 BTC while ether ETFs add 16,825 ETH
US Bitcoin ETFs saw a net inflow of 208 BTC, against a seven-day net outflow of 14,117 BTC, Lookonchain data shows. US ether ETFs drew a net 16,825 ETH, after a seven-day net outflow of 177,044 ETH.
Lido launches Swap for tokens on Ethereum, Arbitrum and Base
Lido says its Swap feature is live, letting users swap tokens on Ethereum, Arbitrum and Base through its interface, powered by CoW Swap. Larger swaps get extra price protection using the Chainlink price oracle.
199 listed companies hold 6.03% of Bitcoin supply, BitcoinTreasuries data show
BitcoinTreasuries data show 199 listed companies held 1,266,419 BTC as of 2 Nov, about 6.03% of Bitcoin's 21 million maximum supply. Strategy held 849,327 BTC, roughly 67% of the corporate total, with Metaplanet, Twenty One and Strive next at about 43,000-44,000 BTC each.
Odaily
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