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Wed 4 Nov
Alchemy Pay secures Mississippi money transmitter licence, reaching 20 US states
Blockchain-based payment network Alchemy Pay said it has obtained a money transmitter licence in Mississippi, bringing the number of US states where it holds such licences to 20.
Crédit Mutuel Arkéa hit by fraud of at least $133m, funds swapped into crypto
French crypto journalist Grégory Raymond says Crédit Mutuel Arkéa suffered fraud of at least $133m, with fiat funds moved to crypto trading platforms and converted to crypto for transfer. He cites sources saying the money went through accounts at several platforms, including Crypto.com, via an alleged network of mule accounts.
Trump Media shares fall 6.7% in pre-market trading
Trump Media & Technology Group (DJT.O) shares were down 6.7% in pre-market trading, according to Binance market data.
He Yi says stoking hostility after Binance breach erodes industry confidence
Binance co-founder He Yi said those who try to bring down the biggest player during a crisis only push people away and weaken confidence in the whole industry, not just Binance. CZ earlier shared a long post describing another attack on Binance.
Previous related news
- Zhao Changpeng says hostile posts during Binance incident were 'another attack on Binance'
- CZ says large-scale hack points to serious security flaw and urges transparency
- Binance hacker continues converting SOL to Bitcoin, Lookonchain says
Ethereum staking yields fall to about 2.2% as participation grows
Ethereum staking yields have fallen to about 2.2% from an average of 4.5% in 2022 as more ETH is staked, pushing holders such as BitMine toward first-loss cover and covered calls for higher returns.
Block says it bought 120 Bitcoin in the third quarter, holdings reach 9,237
Block Inc (XYZ) said it added 120 Bitcoin in the third quarter, bringing its total holdings to 9,237 Bitcoin, ranking 14th on the Bitcoin 100 list.
Sam Altman says humans must always control the future, not superintelligence
OpenAI founder Sam Altman said on X that humans should always control the future and that OpenAI rejects the idea of people being left to do only what an AI system deems rewarding. He said control should not be handed to superintelligence.
Darkfost says easing BTC selling pressure may point to a bottom
Crypto analyst Darkfost said falling BTC selling pressure could mean the market is bottoming, with the Seller Exhaustion Constant back at past bear-market levels. He said a rebound still needs fresh buying demand, which is lacking.
Previous related news
- CryptoQuant's Darkfost says Bitcoin sellers are tiring but demand is still missing
- Darkfost says short-term holder BTC exchange inflows stay limited despite dip below $80,000
- Darkfost says Bitcoin MVRV falls to 25.7%, entering accumulation zone
FANC to close Hub on 10 Nov and convert wFANC into CELEBe points
FANC said FANC Hub access ends on 10 Nov, with wFANC converted in bulk into CELEBe points by 10 Nov 2026 without an application, restoring the initial amount and deducted fees. Its global chat room becomes an announcement-only channel.
South Korean progressive parties oppose Democratic Party plan to delay virtual asset tax
South Korea's minor progressive parties have criticised the Democratic Party's formal proposal to postpone taxation of virtual asset income, with Cho Kuk, Yong Hye-in and the Justice and Progressive parties arguing a delay mainly benefits large investors.
TRON ecosystem tokens pass $120m in cumulative buyback burns
TRON ecosystem tokens have passed $120m in cumulative buyback and burn spending, with JST completing five burns totalling 19.01% of its supply and first burns for BTT and WIN also completed.
Germany's DAX 40 rises past 26,000 points
Germany's DAX 40 index climbed above 26,000 points to 26,003.61, a gain of 0.9% over 24 hours, according to Gate data.
Zcash community grants committee withdraws proposal to reallocate 98,000 ZEC
The Zcash Community Grants committee withdrew a 29 October proposal to reallocate about 98,000 ZEC for future mining rewards after community opposition, saying future funding should follow Zcash's normal governance process. The committee still collects about 144 ZEC a day until a network upgrade changes the rules.
FinChain and Plume launch FUSD-based on-chain yield product
FinChain, backed by Hong Kong's Fosun Wealth Holdings, has launched an RWA yield product with Plume that lets users borrow USDC against FUSD, which is backed by tokenised short-term US Treasuries and money market funds, and deposit it into a liquidity pool. The leverage cap is 90% and projected APY is up to 7.2%.
JackYi says Bitcoin has cleared its 4-hour 20-day moving average, first target $80,000
Liquid Capital founder JackYi said Bitcoin has broken above its 4-hour 20-day moving average, which he sees as favourable for bulls, with a first target of $80,000 and strong resistance at $82,600 after that.
Oracle cancels $7bn AI chip lease deal with Tencent, FT reports
Oracle has cancelled a chip leasing contract with Tencent worth about $7bn after US officials raised concerns and the Trump administration applied pressure, the FT reported. Tencent was also reportedly asked by senior Guangdong officials to back domestic chips.
GENIUS Act does not waive state licensing for stablecoin firms
The GENIUS Act sets a federal framework for payment stablecoin issuers but does not exempt exchanges, wallets, payment processors and remittance firms from state money transmission or virtual currency licensing, Bitcoin.com News said.
Jump Crypto sends 15m USD1 to BitGo in two transfers
Onchain Lens monitoring shows Jump Crypto sent 15m USD1 to BitGo in two transfers within the past hour, after which the funds were moved to BitGo's hot wallet.
Santiment says Bitcoin sentiment has soured sharply over two weeks
Santiment said bullish Bitcoin commentary was 1.8 times bearish on 20 Oct but fell to 0.37 just after the Binance hack, and has since slipped to 0.51. The firm cited uncertainty over the US midterm elections and said a recovery to $79,000 could signal a rebound against the gloom.
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