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NewsFeeds
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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Live · checking for new flashes
Tue 3 Nov
Unfolded says DeFi weekly revenue has grown more than 3.75-fold in four years
Weekly revenue across the DeFi ecosystem has risen from about $80m to more than $300m over four years, Unfolded reported. Excluding stablecoin issuers, it grew more than 12-fold, from under $10m to over $120m.
Bithumb to pause ALGO deposits and withdrawals on 5 November
Bithumb will temporarily suspend ALGO deposits and withdrawals from 11:00 UTC on 5 November.
Delphi Digital's Gabriel Shapiro says legal risk deters privacy coin rivals
Gabriel Shapiro, legal counsel at Delphi Digital, says privacy coins and protocols are hard for rivals to copy because few developers will risk criminal liability, citing the ongoing trial of Tornado Cash developer Roman Storm. He argues these legal risks can act as an investment factor by blocking competitors.
Regulation
CoinNessAIBullishTether says it has added 50,000 Bitcoin, taking holdings to 150,000
Tether CEO Paolo Ardoino said the company has bought another 50,000 Bitcoin, bringing its total holdings to 150,000. Bitcoin Treasuries said the move takes private companies' combined Bitcoin holdings above 200,000.
South Korean Tesla holders face tax on $23.1bn stake if SpaceX merges
South Korean holders of Tesla shares could face a tax bill on a $23.1bn stake without selling if SpaceX merges with the carmaker.
Previous related news
- Former US official says SpaceX-Tesla merger could face antitrust scrutiny
- Musk says SpaceX and Tesla boards weigh merger, with 30,221 BTC combined
Regulation
BloomingbitAINeutral
Huobi HTX lists MSCI perpetual contract with up to 20x leverage
Huobi HTX has listed a MSCI/USDT perpetual contract, allowing long and short positions with 1x to 20x leverage, the exchange said in an announcement on 3 November.
TradingBeats says XPL flash-crash funds trace to April manipulation team
TradingBeats says seven months of cross-chain tracing show the funds behind the 1 November XPL manipulation and liquidation overlap heavily with the team behind April's XPL flash crash. It says the group tends to move on to another token after each operation.
Previous related news
See all 2 updates on XPL flash crash and manipulationSurvey puts Bitcoin year-end median at $76,450 if Democrats sweep Congress
A survey puts the median Bitcoin year-end forecast at $90,800 if Republicans hold both chambers of Congress, $76,450 if Democrats take both and $84,100 if control is split. Analysts say a Democratic sweep could make the CLARITY Act harder to pass over the next two years.
Cipher Digital posts $31.6m net profit as third-quarter revenue falls 63%
Bitcoin miner turned data-centre developer Cipher Digital reported third-quarter net profit of $31.6m as revenue fell 63% year on year to $26.7m, including $20.8m from Bitcoin mining, down 71%. Its first Black Pearl data centre phase in Texas began operating in August, bringing $5.9m in revenue.
CoinGlass says $684m in BTC shorts face liquidation above $78,054
CoinGlass data indicates that about $684m in BTC short positions on major centralised exchanges could be liquidated if Bitcoin rises above $78,054, while a drop below $75,035 could liquidate about $1.06bn in longs.
Address adds $6.45m BTC short after about $38.2m in cumulative losses
An address added a BTC short of about 84.088 BTC, valued at roughly $6.45m, after first opening and then closing a long of about $6.88m. Its contract account has lost about $38.2m in total, according to Odaily monitoring.
Binance sees about $1.6bn net inflows over 24 hours, DefiLlama data show
Binance's 24-hour fund flows swung to net inflows of about $1.6bn from an intraday net outflow peak of about $7bn, a swing of more than $8.6bn, per DefiLlama. Its total assets stood at about $128bn.
Previous related news
- Bitcoin slides toward $76,000 after alleged $6.3bn Binance hack
- Lee Jae Myung calls for cross-government cybersecurity body after crypto thefts
- Binance uses about half of SAFU Bitcoin reserves with no refill timeline
ByteDance's Doubao Work adds Douyin local services and TikTok business plugins
ByteDance's AI office agent Doubao Work has launched business plugins including Douyin local services, Juliang local promotion and TikTok for Business, and is being promoted to a small group of enterprise users. After authorising accounts, merchants can have it pull operating data and produce review reports with recommendations.
AI
ChainCatcherAINeutral
China's NDRC says it will speed up foundational AI legislation
Wang Ruomeng, a deputy director at China's National Development and Reform Commission, said the 15th Five-Year Plan period will balance AI development and safety, with faster foundational and comprehensive AI legislation and periodic reviews of how the rules work. He also said regulators will set reasonable transition periods and give compliance guidance across industries.
Previous related news
See all 2 updates on China AI legislation pushAI
Aster to start shutting down ApolloX's legacy APX contract on 3 November
Aster said it will begin closing ApolloX's legacy APX contract at 10:00 UTC on 3 November, part of the previously announced end of ApolloX's web and API services. The process should finish within 48 hours, and users with balances or open positions are told to close and withdraw before it completes.
Arthur Hayes says FLOP devnet is open to developers
Arthur Hayes said on X that the FLOP devnet is open to developers, who can obtain test FLOP, view blocks and call verified inference services through a proxy. He said devnet tokens have no value and carry no rewards or airdrop weight, the chain may reset and no FLOP token exists yet.
Baidu denies reports that Kunlunxin's listing is delayed
Baidu said market rumours and reports that the listing timetable of its AI chip unit Kunlunxin could be delayed are untrue. Kunlunxin is in a confidential filing stage and cannot disclose material non-public information, including progress on the listing process, Baidu said.
AI
Hyperliquid's Jeff Yan expands offshore perpetuals platform without funding, Bloomberg profile says
Jeff Yan, 31, has built Hyperliquid into an offshore platform that is unsettling CME without raising outside funding or setting up a headquarters, Bloomberg reported. He is promoting a 'neutral protocol' approach to perpetual futures, equities and commodities trading.
Previous related news
- Hyperliquid's Jeff Yan says he plans to bring entire financial industry on-chain
- Hyperliquid CEO says Wall Street wealth creation is unsustainable for most participants
- Hyperliquid co-founder says self-custody, transparency set on-chain finance apart
Altcoins
Odaily
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